Redt Energy Share Discussion Threads

[zero the hero] 19/2/2019 09:43

mdalos1 says almost the unpalatable truth, however I would have said

No confirmed Orders = No funding necessary other than the normal burn
No confirmed Orders = no manufacturing
No manufacturing = no news (Red rarely announce 1 unit orders being fulfilled)
No installations on Gen 3 = no one-off NOR recurring revenue(s)

Recurring revenue is what will be of value to this company going forward. No reflection on the share price without Mega deals!

The only thing to discuss right here & now, when all is said & done is... where's the Mega deals ???? Funding with a strategic partner will only come when / if a mega deal is announced IMO

So I agree, but a slant on where the problem comes from

[alchemy] 19/2/2019 08:10

I wondered who would offer news first RedT SEE or VRS . SEE wins. But 7 per cent uplift gives scope for RedT to do better - soon.

[ts0mev] 18/2/2019 20:40

mdalos1,
funding is short term. A leg up on the ladder of orders.

[chestnuts] 18/2/2019 20:23

mdalos

I really like how you are so positive on Red

[chestnuts] 18/2/2019 16:38

trader

I think you are spot on with the re-occuring revenue which red will have, which will have the effect of turning red into a Utility and should have a higher rating because of this.

[tradermel] 18/2/2019 15:14

gbjbaanb 3650:

When I attended the Olde House presentation over a year ago, Scott was at pains to highlight recurring revenue on services being very important going forward. This revenue is between 3 and 7% so it is important as if the figures from Sark can be reliable this would represent 1.5 mil revenue from the Gen 2 units and therefore 77k yearly revenue @ 5%. Nowhere near enough but the point is this is repeated revenue and moving forward in years a sum that is sure to build.

[gbjbaanb] 18/2/2019 15:06

I contacts Cleve solar about their storage units - it is lithium as expected and at a capacity of 700MWh - the same as the German contract. Imagine if RedT had been awarded Cleve as well. I suggested they have a look ;-)

[alchemy] 18/2/2019 14:07

A lot of big projects in play , but, yes, be nice when we start. It won't matter in the big broad brush of history but I'd like the bid to go up for a good day today.Oh to have something of consequence to say!

[chicken01] 18/2/2019 11:37

https://dailynewshungary.com/audi-and-e-on-build-europes-largest-pv-roof-system-in-hungary/No mention of REDt here...

[global nomad] 18/2/2019 07:49

another article on the developing market for storage - pros and cons for different approaches will/should allow a variety of solutions to find their niche..

[gbjbaanb] 18/2/2019 01:10

I assume there would be a little profit from gen2 sales, a little.

But the important part would be revenue, that kind of thing looks good to the market and shows that red is actually selling stuff. I think it will lift the share price only temporarily, like recent news that caused a peak followed by drifting lower.

[tradermel] 17/2/2019 21:28

gbjbaanb 3639:

Those sales were Gen 2 and there was virtually no margin on the sales. There will be margin on the revenue for after sales but I guess that will not be booked until year end.

Lastly a comment on the deramping nonsense posted this weekend if you want to believe that funding will be soon then you obviously cannot interrogate the accounts properly.

[alchemy] 17/2/2019 18:14

I believe tidal power output would describe an almost perfect sine wave . If you store the two peaks each twenty four hours and contribute the two six hour low points I guess you'd get a straight line like a conventional coal power station gives ( shortly to write gave!) you.Some tides stronger than others but that's the gist of it.I love sine waves , simple harmonic motion and all that. The length of the day, the tides, the pendulum , and it was once suggested ladies' chosen skirt lengths. Come on a RedT!

[bluechimp1] 17/2/2019 17:47

3643 this article indicates flow is highly suited for tidal, albeit it's from a red spokesperson.

[mikemine] 17/2/2019 13:27

Don't know much about tidal energy, except that the tides are reliable, but the use of energy storage is not to plug the gaps as you say but to store the energy at off peak times to sell/use at peak times when prices are high. Its the same model for wind as the wind, when it blows, is not daylight dependent. I would have thought that the case for storage with tidal is overwhelming.

[gbjbaanb] 17/2/2019 13:19

I've been looking at SAE for a while too, but they are even more early stages than red! They're on my radar though, tidal/wave power is a lot more reliable than wind or solar so I don't they would be a better fit for storage however.

Tidal always works so storage wouldn't be needed to cover the gaps in generation, I'm not sure if wave generation is the same or better than wind though.

[mikemine] 17/2/2019 11:22

RE 3633, I came across the MyGen project run by Atlantis in Scotland. MyGen is a tidal energy project. They are partnered with GFG alliance which is essentially a holding company for the Gupta family (of Tata Steel fame)GFG has connections with battery storage I think but they would make ideal strategic partners for RED IMHO. They have obviously set their sights on renewables as being a future major revenue stream and they have vision.

hxxps://www.gfgalliance.com/an-integrated-approach/energy/

I couldn't find any mention of energy storage at the MyGen project but its early days there so maybe that will come in when they've sorted out the construction and operations. I can't believe it hasn't crossed their mind as everybody in the renewable sector seems to be talking about storage.

[owenski] 17/2/2019 10:34

The long game is a hope for punters who gamble on a stock and then think all it requires is time for everything to come good, meantime, cash strapped companies continue to dilute holdings diminish in value, other deeper pocket players come on board and take the lions share of equity.

This is a new technology, it is still being trialled, gen3 still not been officially launched, these are long lead time projects and planning can take years in some cases. Trials are not done and dusted in a few weeks, it takes at least a year to evaluate a new technology.

Other peoples money will be required to fund this and pay the wage bill.

Long game, lol

[ts0mev] 17/2/2019 08:01

gb,

most of those holding can see the long game. those talking about the next order or funding in the coming weeks should wait for the trading update (which is late)

[gbjbaanb] 17/2/2019 03:01

I am interested in the German deal but it is a future revenue thing, not current. In the h1 results they talked about 37 machines that had been sold yet I couldn't see any revenue booked for any of them.

Now the Sark report said 24 machines would cost £1m so there should be that level of result come H2 accounts.

That should set the share price going, but the other 1800 they had either signed contracts for or were in the process of selling makes next year's results much more interesting.

Buy this for a gamble if you will, but buy it for the next 2 years if you're sensible.

[ts0mev] 17/2/2019 00:24

Chestnuts

Owenski's predictions span weeks and if true it would mean the company is funded to continue. Now with the German deal imminent I personally can't see why fundraising is a bad thing. After all what's the point of having the German deal and no-one around to carry on the good work? A means to an end but as the company grows owenski's predictions become a pointless memory.