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RED Redt Energy Plc

52.50
0.00 (0.00%)
20 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Redt Energy Plc RED London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 52.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
52.50 52.50
more quote information »

Redt Energy RED Dividends History

No dividends issued between 21 Jun 2014 and 21 Jun 2024

Top Dividend Posts

Top Posts
Posted at 16/6/2022 09:41 by owenski
Thanks Green

I keep an eye on this as I think it has potential, but the deal signing has proven to be too slow and could push the desired cash flow positive, that investors want to see, out by a factor of years.

I think it's a realistic financial assessment to estimate 80m revenue to achieve profitablity, but this is nowhere near that and upcoming results likely to look dire.

It's a shame really and I don't know what's going on here, we're supposed to be in an energy transition phase, lithium has risks and is price trending up, VRB's are cost effective on the project life cycles they're designed for, so where's the uptake??

Management could do with updating shareholders more regularly.

The SG deal could be the game changer required and accelerate deals, also, the SG partnership will be for large scale projects, even so that could also take time to materialise.

I suspect good old RED/IES will be true to past form and raise funds again in about a years time.
Posted at 15/6/2022 14:28 by greenmachine2
I am pleased Owenski that you still post here on an old RED thread about IES. I see that Hero2zero, who set up the IES thread and sadly blocked people who were negative about Invinity, has has today 15th June posted advising he/she no longer holds IES. Nevertheless the suggestion was made by him/her that people private message if they are unhappy with IES posts on the thread.

I am still a holder in IES though these days the upside in share price terms I think is more limited than in the past for a variety of reasons
Posted at 21/7/2021 08:54 by owenski
It's always a big red flag when a company that turns over a
piddling sub 1m presents a financial report that's longer than the Bible.

Their cost of sales and admin have ballooned.

It's difficult to even ascertain basics like gross margin.

This is still a company in early stage commercialisation, as such
I can see it'll need funding probably for another couple of years, maybe more.

Frankly it's not worth investing in unless it's a VC fund, it's worth trading though from time to time.

I'd estimate that it could well require a 100m turnover to generate a sustaining profit. That looks to be some years away.

This is why REDt and Avalon joined, both were failing to survive just like most other VRB outfits.
Posted at 23/12/2020 19:36 by owenski
greenmachine, Hi

End of the day it's about understanding the business and where it is in it's development cycle, I don't need to post anything really, but it's good to validate ones thinking.

The IES US team seem to be a different breed to the old UK RED team, more commercially oriented and savvy, I have more confidence in them.

In the past I wasn't prepared to keep propping up a wage bill. This time round it seems the money is in part cap-ex for growth delivery, plus maybe a bit of balance sheet solvency proof to customers. The take up and minimum discount speak volumes from the last time when RED raised and was in survival mode.

VRFB's deffo part of the storage firmament and even if a tad premature, it does look like they're worth a foothold with view to upping ones weighting here on proof of delivery.

Might still be a year maybe two before cash flow positive but that gap will probably close, any larger scale commercial project contact uptakes will deffo prove the case here, reckon that's coming.

I'll wager my entry point - already in the money - is better timed than certain posters who probably still need a higher share price just to break even. Probably wont post much anyway, just run the position effectively.

Best wishes to you.
Posted at 23/12/2020 19:02 by greenmachine2
Hi Owenski. I have just seen your recent posts on the old RED thread which I normally no longer look at . Thank you for your comments. It is a shame that you can't post on the IES thread. The current valuation after the fund raise certainly very hopeful of sales and growth.
Posted at 21/11/2020 11:33 by owenski
They need to raise again, no doubt about that, however, the news flow and potential deals looks more favourable under the IES US team rather than the old RED team.
Renewables and storage going to be the hot theme at some point for VRF systems and as the TA indicators showed a breakout on Friday, I've taken a starting position.

A future fund raise of maybe 10m is probably going to occur in a now more favourable climate, we shall see.
Posted at 10/1/2020 10:55 by pierre oreilly
It's clear that if a new entity called Red emerges (that is, if it can raise sufficient capital to be a going concern) then the current red will be diluted greatly. rtos are usually quoted shells being a vehicle by a bigger unquoted company. In this case, i suspect it was the last throw of the dice for both red and avalon. It matters not one jot how great the business is - if cash runs out, then companies are toast and food for the vulture capitalists, who take a big slug to inject cash.

So obviously a holding in red on return, if, won't be at the suspension price. That, imv, is the best outcome for shareholders.

However, if the combined red/avalon does return full of cash, then it may well be a sensible investment, and hopefully, existing shareholders may receive an offer to invest at something like the price the vulture capitalists pay.

note to me before investing on aim .... check cash, how long will it last.

Scott made a stupid error expanding the sales force for something which didn't even need selling. It's not insurance or double glazing - it's an engineering product bought by engineers on its merits, not salemans' spiel. That stupid decision cost me, and probably many others, lots of cash.
Posted at 03/11/2019 01:46 by ts0mev
Dontay, with all due respect you need to stop reading too much fiction. None of what you state will happen. RED is not handing over its business. Don't you think there are legal obligation here? Just because you know what business RED is involved in it is often over a year or more that RED have built such relationships. Avalon having only some details would not be speaking to or have the contacts with RED's customers to enable them to do anything let alone suddenly have access to all confidential negotiations. My company has been involved in numerous mergers. Those that didn't happen did nothing other than waste time and money. The latter is being funded by Avalon. Bushveld loaned the money to Avalon who gave half to RED. If RED fails, Avalon has to pay back the loan. RED would only be liable for the loan that Avalon made.
Posted at 02/11/2019 15:52 by dontay
The loan is to Avalon not red... and if the merger doesn't get done, red will go bust and under this deal... BM's loan will convert to Avalon shares! In the meantime Avalon are being given comprehensive access to all parts of red's business as part of pre-merger dd processes. If the loan fails, guess who would, with BM's backing and financial support be in fav position with all the inside knowledge, to acquire and continue with the whole of red's business... for relative peanuts? If it does go ahead then fine for all, but BM will have it covered both ways... and will have been more than alive to the prospects of red disappearing. The prospects of the ongoing business continuing under a 'combined new ownership' with red completely out of the picture will have no doubt also have been seen as rather tempting and compelling.
Posted at 01/11/2019 11:43 by dontay
SP Angel Daily NewsToday 10:27Bushveld Minerals* (BMN LN) 22p, Mkt Cap £254m – Support for RedT – Avalon reverse takeover to gain strategic interest in growing VRFB maunfacturer(Bushveld Minerals owns 74% of Vametco, 84% of Bushveld Energy in South Africa, 100% of Lemur Holdings, 9.5% of Afritin)Bushveld Minerals reports it is to support the merger of RedT (RED LN) and Avalon Battery Corporation with interim funding of US$5m.Avalon Battery Corp is a North American Vanadium Redox Flow Battery VRFB manufacturer.RedT's merger with Avalon should enable RedT to grow in terms of VRFB manufacturing and grid storage battery supply.The merged entity proposes to raise US$30m to support the merged business.Conclusion: The reverse takeover of RedT gives Avalon a London listing and the ability to grow its business in the UK and Europe. Support from Bushveld Minerals is significant as business with a major manufacturer of vanadium and a significant future manufacturer of vanadium electrolyte for VFRB batteries.*SP Angel acts as Financial Advisor & Broker to Bushveld Minerals.

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