Redt Energy Share Discussion Threads

[davemac3] 25/11/2016 10:00

dlg3 just ask dogrunner about firm orders, he knows

[dlg3] 25/11/2016 09:48

Scott did say they had around 5000 enquiries about 12 to 18 months ago, so they will have had a lot more by now, how many of those turn to orders, who knows, but one of those customers could order 1000 REDT machines....

[iglenn] 25/11/2016 08:51

Phil. Spot on.

[iglenn] 25/11/2016 08:50

Anyone who invested should listen to scotts last conference call. He clearly stated no funding until late 2017. He also said he had a personal agenda where dilution was concerned as it affects his own holding. Research before you post such misleading speculation such as fundraising.

[mrphiljones] 25/11/2016 08:50

lol.....The old "placing coming" used by the traders on the out looking for an in.......:-)))

[dogrunner11] 25/11/2016 08:43

ESWR - and another expert who can't read who's gooner lose you money.

Brrrrilllliant!!!!

[monty panesar] 25/11/2016 08:42

Not sure it is that urgent but they probably do need to raise maybe £5-10m for working capital in the coming months.

Time will tell.

[eswr] 25/11/2016 08:31

Seems obvious to me that they need a cap raise. Why do you think Cenkos were appointed on 3 Oct? Net current assets at 30 June were ony EUR 2.472m and cash burn running at around 500/600 EUR per month = out of cash in about 1 month. Best to wait and see what price they do the cap raise at.

[bobby.ifa] 25/11/2016 08:31

Careful Dave, the thought police will not allow any criticism. So 2 to 5,000 enquiries, er where does that figure come from? I sincerely hope its false, because that will reflect poorly on the sales management conversion abilities. Most advertisers expect a return of 1 to 1.5% on a simple leaflet drop on a flyer through your letter box. Give the conservative 1%, that's between 20 to 50 orders here. Ok, half that to keep the out of touch nay sayers quiet, still 10 to 25 orders. This is isn't a double glazing product, its state of the art kit so those 2,000+ enquiries will be informed stakeholders, yet, where are sales orders from 2,000+ interested parties? Beggars belief. Market reaction says enough. Sit tight & wait for realistic affirmation of orders, this is now a long term investment.

[dogrunner11] 25/11/2016 08:22

DaveMac,

Why don't you try and use your time to listen to investor presentations rather than shoot down those who pass on the information to you?

If you don't want read it use the filter facility, theres a good boy who of course offers nothing of research, only to shoot down those who do share, pwick.

[davemac3] 25/11/2016 08:16

I can read and the only mention I have seen of substantial orders are in your ramping posts. You can bet REDT will be shouting fromthe rooftops when they get firm orders. BTW I am a holder

[dogrunner11] 25/11/2016 08:10

Can you not read DaveMac?

[dogrunner11] 25/11/2016 08:09

at least we're back level lol

thing is that news is massive, below $500kWh, no wonder the team are in discussions with large contracts that would be north of a couple hundred million.

Mass produced, these things aint cheap, redT will be smashing those (previous) broker forecasts!!!

[davemac3] 25/11/2016 08:09

dogrunner, you say potential orders, how about real orders?

[spoole5] 25/11/2016 08:05

Market underwhelmed.

[pierre oreilly] 25/11/2016 08:04

That would be commercially sensitive information of use to a competitor imv. In any case, this isn't yet a commodity product so assessing the company ATM on orders taken would be pretty meaningless. It's only now moving into commercialisation. The value currently is in the cost of a bigger business to reach this stage, not in the profit or turnover figures. Well done to scott and co, each step forward increases the value to a competitor or bigger outfit who wants to move into this area. And I expect most energy companies do.

[monty panesar] 25/11/2016 07:55

Dogrunner,

He only needs to say what the current order book stands at. Not difficult.

[iglenn] 25/11/2016 07:48

I think Chas gets the prize this morning. Well called.

[dogrunner11] 25/11/2016 07:37

Scott doesn't ramp, good on him.

He has however told us of projects they are working on, one was for a 100mw system plus hours of storage thereof, couple hundred million potential alone.

If he put all the potential orders, there was over 5,000 a couple years back, the RNS would be never ending.

Need remember we are a shovel seller with a fully outsourced manufactured product, those others are not in same league.

[monty panesar] 25/11/2016 07:30

dogrunner,

If they have a large order book then they should start disclosing it.

ITM Power are good in this respect in that they always put the current order book at the bottom of each RNS.
Can someone have a word with Redt to get them to do the same? It would be much appreciated. It is the main reason I top sliced my holding a few weeks ago.

[dogrunner11] 25/11/2016 07:28

This is one of the cheapest containerised Vanadium Redox Flow Machines available on the market today and we believe that this price point, starting at $490/kWh, is sufficient to unlock the market for large scale, commercial energy storage in the UK, Europe and Africa.

[dogrunner11] 25/11/2016 07:19

the Company's production and engineering team have been able to make substantial cost reductions and achieve a market competitive system price, starting at $490/kWh for its Gen 2 energy storage machines.