Redt Energy Share Discussion Threads

[alchemy] 22/8/2018 17:07

So much for my Quiet August thesis!

[cheek212] 22/8/2018 16:45

Good buying volume today - hopefully more of the same tomorrow.

[pierre oreilly] 22/8/2018 16:11

alch, i think there might be a day like that at some stage as soon as the funding for the german order is announced.

[greenmachine2] 22/8/2018 14:55

Jamonit re post 1197


NEX is an electronic trading service. My broker did my sell trade I set on Nex today at under 8p unfortunately marginally over my sell price I was asking for. I now have the same number of shares I had after the December 2016 open offer that raised about 15 million gb pounds at 8p. It is starting to look less of a gamble now than it was then. I am assuming another placing/open offer is in the air if the prices rockets again like in autumn 2016.

[alchemy] 22/8/2018 14:44

Strange to think we'll have day(s) where the price will go up 8p in total ere long.

[trendspotting] 22/8/2018 14:10

Should have been double digits on the Anglian Water deal. First target will be 52 week high. Break that and this will return to and establish new all time highs.

[ts0mev] 22/8/2018 14:06

it'll clear 9p soon

[alchemy] 22/8/2018 14:04

RNS lol re content

[brucie5] 22/8/2018 13:42

Indeed. And though it's now my largest holding, I still have that familiar sense of, 'If only!'

[alchemy] 22/8/2018 13:39

We're experiencing a re_rating.

[brucie5] 22/8/2018 13:11

Hindsight is a wonderful thing. The Owenski dip was a marvellous opportunity.

[brucie5] 22/8/2018 13:09

Last break through went to 12p. Zak Mir said 11.

[alchemy] 22/8/2018 13:09

Lol Owenski!The famous Owenski Dip, famous but recently forgotten. It's over.To be fair it did sort of happen.Nostalgia and futures today!

[ts0mev] 22/8/2018 12:35

Brucie5, I would already add Germany and Austria (as future) to your point 4.

[brucie5] 22/8/2018 12:23

Peeps paying over now. 8's gone.

[pierre oreilly] 22/8/2018 12:21

ts0,
It should be a hell of a lot higher than that imv. It was double this price recently, and that before we had thousands on order. i think an ex-director has been selling millions over the last six months, and we're not at a 'fair' price due to that.

[brucie5] 22/8/2018 12:20

I find it all incredibly complicated. So I try to keep it simple in my own head.

1. Redt store solar and wind energy. Enable clients to sell/trade. Enables grid to have more energy when it needs it.

2. Price of solar/wind is reducing, making Redt's proposition more attractive, particularly since they are competitive on unit sale price, and make their margin, c/o gen3, on the management side.

3. Redt's units c/o Jabil, are highly scaleable, and can operate either on or off grid. They also last for 25 years, after which the essential component, vanadium, can be recycled. So, double green effect.


4. Redt's core markets are UK, SA and Australia. Success in either the UK or Australia would suffice, to make good the business plan. The recent German utility deal (so called 'mega' deal) has come as potentially enormous addition to the basic proposition. Enough work, according to Scott, to keep them busy for the next few years.

So far so good, so simple. We just need to see the money, to keep Owenski happy.

[ts0mev] 22/8/2018 12:15

Just noticed the share price cleared 8p

[murdo mcsponge] 22/8/2018 12:09

Thanks Pierre. That's the best resume of what the RedT machines can do. It's a brand new aspect to me, the point you make about them topping up from the grid, when it's cheap, if there isn't enough sunlight. I wasn't aware of that as an option. Many thankis. It all makes so much sense.

[pierre oreilly] 22/8/2018 12:02

bruce, there's no delay on the germany finance. the german gov will support the deal since their grid is even more teetering on a tightrope than ours ... this due to the ratio of intermiternt generation like wind and solar, compared to dispatchable generation like coal and nukes.

alch - yes, the grid has to be designed to meet the peak demand - this is about 55GW on a winter's evening. Dispatchable generation is needed for that - it doesn't matter how many windmills or solar we have, we'll always need 55GW of nukes,gas,coal,pumped storage, batteries - 'firm' generation.

With some nukes and coal coming to the end of their lives, we have to build more 'firm' generation or lower the peak. batteries and pricing is an attempt to lower the peak, but it will only go so far, even if we install tens of thousands of batteries ... which looks likely over the next few years. If we install enough batteries, we may delay the building of more nukes.

[ts0mev] 22/8/2018 11:53

Pierre, agreed the sizing is both for financial gain (grid services) rather than just cheap electricity from solar. Out of interest, almost anything south of a line going from the wash to the Severn estuary would be a good area for solar. Agreed also that the 450kWp is also probably limited to a short period in the day with an average of perhaps 10-20% output over the day?

[alchemy] 22/8/2018 11:48

,ah yes , the grid already bears the cost of winter peak capital if it storms too that could fall a tad. Is that also true?

[brucie5] 22/8/2018 11:45

Pierre, what do you think will happened with the finance deal for Germany? Why the delay?

And to what extent is the German government likely to be on board - if it is?