Redstonecon Share Discussion Threads

[boonkoh] 13/10/2017 14:22

I see the share price ticking up after the announcements... News algo bots?

[mylands] 13/10/2017 14:16

The reason for the latest RNS is, wait for it, our takeover outfit leader a certain Mr Anderson has a holding in REDS of 2,258 shares or 0.011%. So, only another 49.989% to get to 50%!

[suneday] 13/10/2017 13:30

As it stands, I'll be first to admit that last makes no sense to me at all. Silence on LSE also deafening. Anderson, connected with AP Systems( the offeror)as CEO, has loosely speaking an 'interest in ' 50% of the share capital.

[value viper] 12/10/2017 15:28

RNS called OPD I see

[value viper] 12/10/2017 15:27

Comm, 9/10/17 RNS called OPT I think; towards the bottom of the RNS I recall.

[commiesy] 12/10/2017 15:12

Value Viper, where do you see the details of the options that have been awarded to CEO etc? I don't see that in the interim results?

[mylands] 10/10/2017 18:00

VV

Agree with your analysis. The Board is on the hook with the statement performance is weighted to the second half. They had better be right!

[value viper] 10/10/2017 15:42

Nothing new here unfortunately including no comment at all on the takeover ; surprise surprise : shares drift.

I hadn't realised they have some debt as they reported (as at 31.7.17) £3.1 million cash but NET cash of 800k ; also looks like much of the summer fund raise cleared OTHER debts and there still seems to be in region of £2 million debt now (poss overdraft?): makes the valuation (enterprise value) bit higher than I had thought. Nothing major though.

ALSO the current takeover situ rules has revealed lots of tasty options for the CEO and FD etc - no wonder they haven't bought any more shares at these lower levels.
I was not aware of the detail of their options until revealed y'day at 1537 hrs.
The cynic in me thinks the bogus takeover has forced the publishing of ALL such info and I'm not now sure if it necessarily helps the company's image.
Now results out of the way, would be very good to see directors get their cheque books out - let's see. Second half needs to deliver and it would have been nice to have a "ahead" of expecs comment. Contract wins needed to turn the price.

[ali47fish] 10/10/2017 14:11

where 's everyone anyone can comment on the update please!

[gleach23] 08/10/2017 19:09

Oh yes ali we're all in the know.

You could start with the reading the recent trading update.

[ali47fish] 08/10/2017 16:36

never mind all that - therte is an update on tuesday- anyone with a clue as to what to expect

[chimers] 06/10/2017 09:40

Mate of DB's

[mylands] 06/10/2017 09:04

Took a look at the RNS issued by AP Systems and there are no advisors listed just the CEO and his phone number. Agree with the sentiments of others, it all looks pretty amateurish.

Perhaps someone should give him a call, I can't be bothered.

David Anderson Group Chief Executive
Tel: [phone]

[suneday] 05/10/2017 21:17

Seems pretty pointless at the moment. Ham fisted.
Forcing a few small holders to disclose their holdings and further dealings- then what?
Nothing, without AP putting some realistic meat on the bones, and dialogue, whatever and whoevers involved.

[gertjen] 05/10/2017 16:56

So what's the connection between DB en DA?

[holidayhome] 05/10/2017 14:51

I agree with Chimers. It's likely a DB scam. I've found an interesting connection linking DA and DB. If true then this is DB's way of getting back at the BOD through DA. Those that recall, DB had a torrid time trying to oust the BOD, failed and left. If it's his scam, he must have a humongous grudge. Time will tell.....

[mylands] 05/10/2017 08:16

The article from the link provided by CURRIEQUAKER:

Buy RedstoneConnect (REDS) says VectorVest. The stock currently offers an enticing investment opportunity for the more adventurous investor

October 4, 2017 / Leave a comment

RedstoneConnect Plc (REDS.L), formerly Coms plc, is engaged in providing technology and services for smart buildings and commercial spaces through its core businesses Redstone and Connect IB. The Redstone division provides a range of services, including design, build and installation; managed services, and software solutions. Managed services encompasses the provision of outsourcing services spanning network infrastructure management, smart buildings support services, desktop and data center support services and move, add and change services. REDS has also developed OneSpace, a real estate management software platform. Connect IB develops and deploys applications, including those that address mapping and way finding of Smart Buildings and Smart Spaces, such as car parks or retail shopping centers. It serves customers of all sizes, including corporations, such as property developers, landlords and principal occupiers of commercial property.

On September 8th 2017, REDS published a trading update ahead of the interim results announcement October 10th. The company said it was pleased with the progress made across the business in the first half, and confirmed trading was in line with management expectations. Software Applications continues to gain market traction, and the company said it had commenced the global roll out of OneSpaceTM, its real estate management software platform. Managed Services also reported an encouraging start to the year. The acquisition of Anders + Kern U.L. Ltd is now fully integrated into the Company and has provided excellent complementary skill sets and a positive contribution to the Company. In addition the company secured a prestigious contract to install an IT cabling infrastructure throughout Tottenham Hotspur’s new 61,500 seat stadium. CEO Mark Braund said while the performance is anticipated to be largely second half weighted, “given our pipeline of work, new business momentum and strong order book, coupled with the additional services that we have added to our offering through the acquisition of A+K, we remain confident for the full year.”

A number of key metrics alerted VectorVest subscribers to the potential at REDS earlier in 2017. The VST Vector, the master indicator for ranking every stock in the VectorVest database, logs REDS with a rating of 1.25, very good on a scale of 0.00 to 2.00. Key to growth potential, the GRT (Earnings Growth Rate) flagged the potential at REDS earlier this summer, when the shares were trading around 123p. The stock has since recovered to 138p, but still retains a forecasted GRT of 35%, which VectorVest considers to be excellent. Traders should note that the RS (Relative Safety) metric records a fair rating of 0.87 on a scale of 0.00 to 2.00, but with a current VectorVest valuation of 174p per share, in the run up to next week’s results announcement REDS remains undervalued.

The chart of REDS is shown above using my normal layout. The blue line study in the window below the price shows the rise in earnings per share (EPS) over the last six months and this is the engine that’s driving the share price higher. The share is on a Buy signal on VectorVest and looks set to move towards the old highs of 190/200 in the near future.

Summary: The transformation in the company under the stewardship of CEO Mark Braund, coupled with a solid first half performance really puts REDS in the frame as an enticing investment opportunity for the more adventurous investor. With clear potential for growth in the second half of the year, VectorVest rates the stock as a buy.

Dr David Paul

October 4th 2017

[mylands] 05/10/2017 08:11

Under Takeover rules, AP Systems have until 5pm on October 26th to put up or shut up, so we might not hear anything from them until then.

[curriedquaker] 04/10/2017 17:30

hxxp://www.branduk.net/buy-redstoneconnect-reds-says-vectorvest-the-stock-currently-offers-an-enticing-investment-opportunity-for-the-more-adventurous-investor/

Undervalued?

[mylands] 04/10/2017 12:43

What is unusual, to say the very least, is that AP Systems didn't simply talk with the company to see if there was any interest, rather than go through the wasted effort, and possible expense, of issuing a statement through the market.

Also why two letters. Was the second because the company had issued a statement to say they hadn't had an approach?

[b1ggles] 04/10/2017 12:30

Interesting that REDS didn't consider bothering to inform the market when they received the first letter yesterday, having already categorically denied being approached.

But AP Systems seem to be thoroughly unbusinesslike, who would write a letter saying merely, 'Please can we talk'? Er, and then another letter. I wouldn't want shares in anything owned by them.