Redt Energy Share Discussion Threads

[bluechimp1] 15/11/2018 20:13

hxxps://onestepoffthegrid.com.au/monash-uni-charges-ahead-australias-biggest-behind-meter-battery-system/

Positive update here on Red's involvement at Monash Uni from today. Well worth a read if you're feeling a little blue after today.

[jamieboy12] 15/11/2018 18:01

Rome wasn’t built in a day,, everyone just wants to get rich quick,, I still have faith in redt,

[quanglewangle] 15/11/2018 17:22

I was initially, as a new investor, very impatient. The board's advice was basically "buy and hold" and year end has repeatedly been identified as when things will come together. I have to point out that it's not yet year end. We done the buy now we have to do the hold. At least for next six weeks or so.

[ts0mev] 15/11/2018 17:14

2605
not like you to be negative, but seriously "I suspect the price will fall to around 4.5-5p before we hear anything of significance" is deramping talk.

[spud] 15/11/2018 16:33

Not trying to be too negative but I suspect the price will fall to around 4.5-5p before we hear anything of significance. That will more than likely push us up to circa 6-7p again...

It's a case of two steps forward 2.1 steps back.

Best case scenario is a total buyout by a company with the funds, infrastructure & knowhow of what needs to be done and how. Sorry but I'm rapidly losing confidence here i'm afraid.

spud

[boadicea] 15/11/2018 16:18

chicken01 - Probably not.
I think it's more a case of the blind leading the blind as far as the share price is concerned.

[chicken01] 15/11/2018 15:38

Not much positivity in the share price this week...does someone know something?.

[tradermel] 15/11/2018 11:45

2600: Please direct this question toward the company.



A month or so ago I asked two questions and I liked the replies I received, although I was not given permission to repost on a BB.

In a previous presentation margins were slim with Gen 2, has that improved with Gen 3?

Margins on services are said to be key to annual returns and forward revenues. Of the Clients where units have been sold, how much success have you had securing the different services?

Their reply allows me to be positive about this aspect of the company.

[mikemine] 15/11/2018 10:55

RA is a serial investor in fledgling green energy companies and I wouldn't be at all surprised to see him pop up here. He certainly has the money RED is looking for in a strategic partner.

[dlg3] 15/11/2018 10:55

the process is in motion !!!!

[greenmachine2] 15/11/2018 10:07

A big question for me is assuming the German deal is financed and the electrolyte is leased by a third party , will there be sufficient profits from sales and ongoing support of the machines to reflect a share price higher than now?

[zero the hero] 15/11/2018 08:51

I'm not sure how many more balls have to line up before sentiment on this one changes, but what do I know. I do not think the market needs to see profits parsons04 I feel the market needs to see the possibility of future profits. By end of December we will know if this will come to pass

[folderboy] 15/11/2018 08:35

Agreed, agreed, agreed . . . share price down!

[fieldhouse] 15/11/2018 08:32

A strategic change of Directors.
Ed will be far more use now than David.
Ex employee of Jabil now leading the team !

[tonsil] 15/11/2018 08:30

I like the sound of Ed. A top Oxford educated engineer, they don't get much better than that. I hope he has the right personal qualities to balance his smartness.

[brucie5] 15/11/2018 08:24

Good, if speculative career move for a young executive. If RED get this off the ground the world will be his oyster.

[boadicea] 15/11/2018 08:17

The new appointee has the relevant market experience and presumably wouldn't have taken the job on unless he saw the clear potential.

"He [Ed Porter] most recently held the position of Power Portfolio Manager, where he was responsible for 1GW of UK assets under management including; energy storage, gas peakers and a range of renewable generation."

[parsons4] 15/11/2018 08:12

It does still look good, but the market wants PROFITS, this is not likely to happen in the near-term but it is worth just waiting IMHO.

[brucie5] 15/11/2018 08:05

Interesting indeed, unless it's a swap for David Stewart. But sounds like they're readying themselves for the utility side to take off.

[ts0mev] 15/11/2018 08:03

Presumably to provide focus on grid-scale storage.

[plootocrat] 15/11/2018 08:03

Because the previous one responsible for this aspect of the business is "stepping down" after less than two years.

[zero the hero] 15/11/2018 07:36

Now why would you need a new Director to take on this role? Very Interesting

[thebigchap] 15/11/2018 07:10

RedT Energy PLC

Management Team Update



RNS Number : 3910H

RedT Energy PLC

15 November 2018




This announcement contains inside information



15 November 2018

redT energy plc



("redT" or the "Company")



Management Team Update

Energy Assets Director appointed to manage redT storage portfolio



redT energy plc (AIM:RED), the energy storage solutions company, is pleased to announce the appointment of Ed Porter to the role of Energy Assets Director with effect from 2 December 2018. Ed will take responsibility for business development activity for new grid-scale energy storage projects and will lead the asset and revenue optimisation of redT's energy storage assets under management, maximising revenues gained from the operation of redT energy storage infrastructure.



Ed joins redT after more than four years at Gazprom Marketing & Trading, the energy marketing and trading arm of Gazprom. He most recently held the position of Power Portfolio Manager, where he was responsible for 1GW of UK assets under management including; energy storage, gas peakers and a range of renewable generation. As part of this role he also developed commercial market strategies for these assets and undertook business development within the UK market. Prior to this, Ed held various senior positions within the fields of energy trading and asset optimisation, strategy and business development for Gazprom, RWE npower and Innogy Renewables. Ed holds a Master of Engineering degree from St Catherine's College, Oxford University.



The Company also announces that David Stewart stepped down as Chief Operating Officer on 14 November 2018. During almost two years at redT, David made an important contribution to the business, both technically and commercially throughout redT's growth phase, and has been a valued member of the executive leadership team.



David will remain as a Non-Executive Director and continue to sit on the Board of Directors until 7 January 2019. His executive responsibilities will be assumed by Paul Docherty, redT's Operations Director, who joined redT earlier this year from Jabil Circuit inc. and Jean-Louis Cols, redT's Technology Director, who also joined earlier this year and brings over 25 years of complex engineering and R&D experience across multiple fields including fuel cells and energy storage systems.





Scott McGregor, CEO of redT said:



"I'm very pleased to have Ed joining the redT commercial team. Ed has a wealth of experience in the energy markets having developed and managed 1GW of UK assets. His experience will accelerate redT's business development and asset management of our large-scale, 'Mega' projects, implementing energy storage infrastructure at grid level across the world. We are extremely pleased to have attracted someone of Ed's calibre to redT.



I'd also like to thank David for the positive influence he has had on the redT business during a period of rapid expansion for the Company. Dave's personal dedication, relentless efforts to see us through our early growth stage of the Company and commitment to our success has been invaluable and we wish him all the best for his future endeavours."

[jamieboy12] 14/11/2018 22:07

hxxps://citywire.co.uk/funds-insider/news/david-kempton-3-stocks-for-the-power-revolution/a1066525?ref=citywire-money-opinion-list