Redstonecon Share Discussion Threads

[the big fella] 05/6/2017 16:49

Yes , given we have been in a small cap bull market for some times, REDS haven't performed well. I don't have a large holding here having taken my original stake off the table a while back, but would probably put a bit more in if we got around 110 / 120, given they would be extremely cheap for a profitable growth company.

[value viper] 05/6/2017 16:40

someone is seemingly selling still - Helium ? but no RNS's.
I guess dilution weighing even if co is £6 million better off.
Pressure on to spend that money selectively and wisely.
Hope board right with consolidation plan.
News and deals will ultimately put the shares where they need to be.
Strip out cash and we around 11/12 PE for 2017 ?
No debt etc.

[the big fella] 05/6/2017 16:30

The chart suggests we are heading downwards presently.

[ivor hunch] 05/6/2017 16:20

So our new consolidated shares are quoted as from tomorrow. Will they be at 135p or will 'the curse of consolidation' drive the price down towards the £1 mark?
Let's hope its the start of a reappraisal of the company's true value.
Ivor

[larva] 05/6/2017 08:55

back to 1.1p

[boonkoh] 05/6/2017 08:49

The AGM statement sounds like some junior PR copywriter hashed it together at 11pm last night...

[the big fella] 05/6/2017 07:37

Yes reads well.

[bigbigdave] 05/6/2017 07:11

Nice AGM statement

[timmy11] 23/5/2017 16:16

hxxps://simplywall.st/news/2017/05/23/is-redstoneconnect-plc-aimreds-as-financially-strong-as-its-low-debt-load-indicates/

[chimers] 17/5/2017 14:49

I know EXACTLY what they were read the above posts.
You clearly cant.

[owenski] 17/5/2017 08:47

Indeed, pays to be able to read and understand what one is reading.

Positive news even though it's small in financial terms, it's a validation of the REDS offering.

[the shuffle man] 17/5/2017 08:38

2 different contracts. First was consultation Second involved in implementation.This initial consulting phase of the contract will be completed by October 2016 with additional scope for RedstoneConnect to participate in the build and maintenance of the project during 2017.

[horndean eagle] 16/5/2017 15:29

REDS - Not sure fund raising can be considered a success given its gone to a discount. Been badly handled and the company got greedy and took too much money and left no demand in the aftermarket. Will take a little while for sentiment to change.

[ali47fish] 15/5/2017 16:33

and now hargreave hale has added as well- can someone confirm from 5 to 9pc , i think

[aishah] 15/5/2017 09:47

J O HAMBRO CAPITAL MANAGEMENT LIMITED adds 114,366,148 to go above 5%. Have a feeling we will move sharply up once the consolidation is out of the way. dyor

[the big fella] 11/5/2017 15:45

GHF - good to see you taking an interest here. This looks to be a decent growth story unfolding and not at a silly rating.

[aishah] 10/5/2017 09:29

Cantor Fitzgerald retains BUY and 3p target.

[opodio] 09/5/2017 20:24

100 for 1 consolidation.

[aishah] 09/5/2017 20:22

Yep, onwards and upwards imo.

[glasshalfull] 09/5/2017 20:13

REDS

IMHO a sensible acquisition at a decent price that offers the company improved marketing & cross-selling opportunities. Funds raised will also allow them to accelerate the development of meeting room management software.

Also think the 1:100 share consolidation a positive, removing penny stock status & distancing them from legacy issues.

Investors may be interested to learn that the original targeted fundraise was increased by +40% due to investor appetite, and even then, the eventual £6.5m raise was oversubscribed at only a small discount to the market price. The fact that it was priced close to market price confirms appetite for the stock. Those subscribing did so in the knowledge that there wasn't going to be an opportunity to flip.


Kind regards,
GHF

[curlly] 09/5/2017 16:17

Good to be level onwards and upwards, after what I felt was an ok rns today.