Redt Energy Share Discussion Threads

[winnings1] 21/8/2018 18:18

Jamonit - The company operated under the name Camco before the name change
to Redt. The German exchange site you are looking at has clearly not been
updated.

[brucie5] 21/8/2018 18:13

Alchemy
21 Aug '18 - 16:35 - 1159 of 1164

My spreadsheet allowed for 200,000 shares worth of dilution and still with 15% margin as the order book gets delivered , we’re more than ok for 50p plus.
-----------------------------------------------------------------
Bullish indeed. As a bit of fun I looked at the EOY predictions on LSE, including Bolgas/Dog's at 64p... The median two were 27/32, so approximately 30p. Nice round number.


What would it take to get there?
What are the risks along the way?

[cheek212] 21/8/2018 18:00

In the last month, Scott has announced an initial German order, finance permitting, of 1066 units, and yesterday's order of 4 units, totalling 1070. However, Anglian Water has 1200 locations which presumably if each site needs 4 units, could lead to another 4800 units in time if every site was suitable, which it probably won't be but even if only a fraction of these sites were suitable, then a fairly substantial order potential. So why the fairly muted share price movement? Presumably because nothing is in concrete yet with regard to these announcements. Hopefully though these announcements will lead to further interest especially re the Cornwall project which has been very quiet, and further news re the Botswana project which also has substantial unit order potential on top of the 14 Gen2 machines they bought.A large order RNS with finance already in place is what we need to get this moving substantially IMO.

[ch1ck] 21/8/2018 17:29

I took the opportunity to top up with another small buy of 200,000 shares. If there is another cutback I'll buy some more.Each to there own I don't mind sellers moving the price down. The market is still tight and you won't be able to get stock if there are more gen3 sales without being at the mercy of the MM's

[cheek212] 21/8/2018 17:12

A trial suggests that REDT have given a machine to AW to test for a period of time, at which stage the machines will be returned when the trial finishes, which is not the case as per the RNS. AW have bought a machine which will always be theirs unless they decide to sell it. The RNS states they have sold a machine, this being their first commercial sale of a Gen3 machine, not a trial. It may well be that AW decide that the machine doesn't do what they want and never buys another one but that's their prerogative. REDT have also signed a collaborative partnership with AW which suggests to me that they are being paid to operate the machine and essentially run the arbitrage service for them. My point here is REDT have sold a GEN 3 machine which is what everyone was waiting for, not given one away. If AW like what they see hopefully they will place more orders which I suspect will have a much more positive effect on the share price than what we have currently seen with the sale of just one machine.

[masurenguy] 21/8/2018 16:44

RE: #1158. "The RNS uses the word sale, not the word trial! If Anglian are buying the machine, which the RNS implies, then they will presumably be installing the machine as soon as ready/ groundworks completed at which stage they will be able to see exactly what the machine can do. As soon as they see a reduction in their energy costs, which presumably will be as soon as the machine has charged, then the machine will be proven and the trial finished."

You are contradicting yourself here - yes AWB have bought the equipment for the first site but they are still trialling it before they decide upon any roll out to other sites. They have already worked out the economics so the issues are -is it reliable and does it perform according to the stated specification? Nobody of this size ans structure is going to roll out a programme without first verifying those two operational factors!

[alchemy] 21/8/2018 16:35

Key point. We used to call them references in the mainframe computer business . They do help. That post about Anglian Experience, thumbs up!We're primed.The Aus University reference should be useful. As from well now-ish. The learning curve for Jabil will help.The economic modelling help at top level presentations.My spreadsheet allowed for 200,000 shares worth of dilution and still with 15% margin as the order book gets delivered , we're more than ok for 50p plus. Saw four electric taxis in London recently....it's now economic to be "clean" not just "soft".

[cheek212] 21/8/2018 16:09

The RNS uses the word sale, not the word trial! If Anglian are buying the machine, which the RNS implies, then they will presumably be installing the machine as soon as ready/ groundworks completed at which stage they will be able to see exactly what the machine can do. As soon as they see a reduction in their energy costs, which presumably will be as soon as the machine has charged, then the machine will be proven and the trial finished. I give it a few days after up and running until Anglian then have to decide how many more machines to invest in. It does of course depend on how much have available to invest within their budget and also how desperate they are to achieve their green target.I also notice that the RNS implies a collaboration between REDT and Anglian so I presumably REDT will be running the system for them hence further income for REDT, and this is just the first of many sites hopefully with ongoing repeat income.

[ts0mev] 21/8/2018 15:46

could be more news might be due as tidal power generates notable results?

previously:
hxxps://marineenergy.biz/2018/03/21/redt-to-provide-storage-for-large-scale-tidal-energy-project/

current project:
hxxps://www.orcadian.co.uk/tidal-stream-prototype-generates-3gwh-of-electricity-in-a-year/

[masurenguy] 21/8/2018 14:44

Length of the trial, and outcome objective thresholds, have not been publicly announced.

[anderson3] 21/8/2018 13:47

Won't go far until funding is out of the way

[masurenguy] 21/8/2018 13:40

The Anglian order is for a site trial and of course the potential here, and also at other water companies, is huge. However, I wouldn't expect this to have much impact on the shareprice at this stage - the real trigger will be if Anglian subsequently decide to roll it out across their sites once the trial is completed.

[renniks2016] 21/8/2018 12:56

I have been involved with AW as a framework supplier for the last ten years, they are very proactive with regards to carbon reduction, we have just completed a replacement tank cover where the original pitched design was replaced with a mono pitch to allow for solar panels to be fitted. it will lend itself perfectly for a RedT installation, not all 1,200 site will be suitable, but I believe at least 60% will have the potential to incorporate these.

[brucie5] 21/8/2018 12:48

So Anglian may indeed be 'lighthouse' customer. Showing others the way.

[littlepop] 21/8/2018 12:35

Great stuff going on here. Bemused by the muted share price rise though. I guess there are more short-term traders happy to take 10% than I thought, although I can't understand why anyone would bail out just as optimism is turning into reality in this spectacular way. Is this a result of the modest, slow, "let's not blow our own trumpet" approach that RedT have always had? Whatever the reason, I am more convinced than ever that this will get me my Ferrari (and pay off the mortgage) with a bit of patience.

[quanglewangle] 21/8/2018 12:11

Oops! Link in my previous post seems to include the closing bracket. Chop it off for link to work. (Don't know how to edit posts)

[thebigchap] 21/8/2018 12:10

very insightful QW and well started off by mdalso1. I really appreciate you sharing your knowledge..every days a school day. Thanks

[quanglewangle] 21/8/2018 12:04

The "early adopters" idea is important. However you don't really get a "mass take-up" of early adopters though: by definition, they are a smallish proportion of the market. The mass take-up occurs when the "early majority" start to sign on.
I have experience in another new tech area and have seen this happening before. We used to call it "tail-light effect". But McSponge is right: a big and respected player like Anglia could provide the "tail-lights" for others to follow.

(This wiki explains early adopters nicely

[murdo mcsponge] 21/8/2018 11:35

RedT is overcoming what I would call "new technology resistance". If you are in a position to decide if your Company does or doesn't purchased some new technology, it greatly helps you to decide in favour of purchasing,if other significant organisations have made decided to adopt it. I think that is one of the biggest positives to come out of the Anglia deal.

[brucie5] 21/8/2018 10:41

Zero, whatever way you look at it, this is a brilliant prospect. 1200 sites; and according to Scott on BRR media 90% of Anglia's site costs are energy. Halving the time to meet green energy targets of 30% by 2030. Do we even need to ask ourselves whether the other water companies will not also be taking a look?

Other water companies have 9000 sites 'end of the line'; very expensive to get energy there. c. $500 investment potential.

[masurenguy] 21/8/2018 10:37

Cheers AISHAH - the coverage is reproduced below for those who cannot access it from your link.

"A deal with Anglian Water meant that Red T Energy was a conspicuous ray of sunshine on the stock markets yesterday.

Big businesses increasingly are installing lithium-ion batteries to help them to cut their energy costs and Red T, a power storage company listed on Aim, makes its own type of battery technology known as vanadium redox flow. Anglian Water, which supplies water to about six million households in the east of England and in Hartlepool, has placed an initial order for Red T batteries that can store 300 kilowatt-hours of energy. The batteries will be installed alongside solar panels to help the company to use spare solar power later in the day, reducing the amount of electricity that it has to buy from the grid to run its water treatment plants.

Red T, whose history dates back to 1989, said that the two companies had signed a collaborative partnership deal to optimise energy storage at Anglian Water’s 1,200 sites. Analysts at Investec said that the agreement was likely to be “a pathfinder for what is likely to be a major source of sales”. Red T shares closed up ¾p, or 10.3 per cent, at 7½p last night."