Redt Energy Share Discussion Threads

[dlg3] 29/12/2016 03:18

Commenting on the launch, the Secretary of State for Climate Change and Industry Nick Hurd said: "The transition to a clean energy system is well underway in the UK and around the world. This welcome announcement gives that process even more momentum. It is a great opportunity for British innovators in the UK low carbon sector, which is already worth over £80bn in turnover. Again we see how reducing emissions goes hand in hand with commercial opportunity."

[dlg3] 29/12/2016 03:16

Bill Gates announces $1bn investment fund for clean energy technology
Team-up with Richard Branson, Jeff Bezos and others aims to fight climate change - and reap 'super' rewards

Jon Sharman Monday 12 December 2016


Bill Gates is heading up a fund worth more than $1bn to fight climate change by investing in new ways of producing clean energy.

The Microsoft co-founder will lead a group of investors whose combined wealth totals some $170bn, including Richard Branson, Amazon's Jeff Bezos and Jack Ma, the founder of Chinese e-commerce group Alibaba

Mr Gates says the fund, called Breakthrough Energy Ventures (BEV), could pump money into "anything that leads to cheap, clean, reliable energy", QZ.com reported.

Investing in energy is a complex business, he told the site, and so the market is not crowded. He said: "People think you can just put $50m in and wait two years and then you know what you got. In this energy space, that’s not true at all.

"It’s such a big market that the value if you’re really providing a big portion of the world’s energy, the value of that will be super, super big."

[dlg3] 29/12/2016 03:05

Energy Reservoirs is part of S&S Developments which was founded in 2010 to develop renewable energy infrastructure in the UK. Since inception S&S Developments has developed thirteen utility scale solar plants in the UK, with the majority of these located in the East and West Midlands.

The scale of our current portfolio of energy storage locations has resulted in Energy Reservoirs being one of the largest developers of UK energy storage locations. The concept behind each of our energy reservoirs is akin to that of a traditional water reservoir, storing rain for times when we need it most. With ageing power stations and more intermittently generating renewable energy stations becoming part of the National Grid, it is crucial that to meet demand we store our energy.

[cyberbub] 28/12/2016 20:48

I agree that there is no reason why commercial sales of the smaller units can't start very soon?We already have a product, and a global manufacturer who is ready and able to manufacture them, do we not?We clearly can't expect thousands to be sold next week... But I see no reason why the existing company couldn't start taking a few orders totalling a handful of units today, just to get the ball rolling? Then when the sales forces is employed and trained (mid Q2 I would expect) they can use those handful as evidence and testimonials for the bigger marketing blitz!As far as I understand it, the Gigha trial is only intended for fine tuning of the operational parameters and provide a real-world example, the Gigha results are not actually required to begin selling Gen 2 units are they?

[masurenguy] 28/12/2016 13:41

Pierre Oreilly - 10250: placing shares doesn't explain the 50% drop at all. If you do the maths you'd see the dilution should have brought the price down to about 11.5p.

In pro rata terms you would be correct but real shareprices are not based on such mathematical equations. The placing was the main factor in the price fall and the current offer price is now circa 8.8p which represents a 10% premium on the forward placing and open offer price. These prices reflect sentiment which could quickly turn positive again once the placing and open offer process is completed next week and we see who took up significant slices of the new shares that were issued.

[12bn] 28/12/2016 12:47

Paddy Oreilly,just what has maths got to do with anything? If you get shares at 8p and sell them at 8.5p then you make a profit,you thicko! Look at the 250k and 150k trades today,8p shares sold at 8.50p just for a quick profit imo.///////////1:27:47 8.5001 125,000 OK 8.5000 9.0000 Sell 133,557 420,740
11:53:45 8.8350 19,300 O 8.5000 9.0000 Buy 133,557 295,740
08:42:33 8.5500 250,000 OK 8.5000 9.0000 Sell 114,257 295,740
11:04:36 8.6010 30,000 O 8.5000

[keya5000] 28/12/2016 09:36

someuwin, always a good sign when that bell end 12bn is sniffing around.

[someuwin] 28/12/2016 09:26

A great level to be buying at - imo.

[12bn] 28/12/2016 08:07

Pierre Oreilly27 Dec '16 - 16:33 - 10238 of 10246 0 0
It doubled a few months ago in just a few months, and i expect the same again - it is just in the right place at the right time. It halved again though (still confuses me why it did that), must be the effect of the placing but i don't really understand why.///////// Doh,150m new shares issued and an open offer for more and all at 8p! Call me a cynic but there is your reason why,you simple ramper!

[discusser] 27/12/2016 22:04

These iPads. I meant,

Alchemy, I agree, at least to the extent of about 20% of my portfolio !

[discusser] 27/12/2016 19:57

Alchemy, I agree, at least a of the extended of about 20% of my pot folio !

[waterloo01] 27/12/2016 19:53

I expect them to deliver sales (not deliveries) next month. Plenty of low hanging fruit. The proof of such a large fundraise that's supposed to drive sales is to deliver sales. All else will then fall into place if they are decent business managers

[alchemy] 27/12/2016 18:17

Discusser. Keynes is my hero. He did say that yes. But I stick with the doubler prediction.

[alchemy] 27/12/2016 18:15

I always discount takeover suggestions. But in any case building a good business helps to, well, to be worthy of a high share price

[cheek212] 27/12/2016 17:41

I fear this business will never reach its true potential as there will be many larger Energy businesses gagging to buy up REDT once they start to market this business more aggressively and once further commercial sales. We have already seen a sample of the level of interest in this product from the placing document and this is without marketing - this simply is a product that will turnaround the Energy Industry and make renewables a feasible alternative to conventional energy. Clearly though this placing is for a significant amount of money, much more than you normally see on AIM and they appear to have filled this no problem at all, so there is clearly a lot of interest from the IIs as well, not just those with short term profit in mind. So with the business looking to double staff numbers, I would suggest that the BOD aren't planning on a slow burner through 2017 but to actively start marking and booking sales of the G2 product, whilst working on G3 and 4 at the same time. I can see REDT going places in 2017, hopefully still as an independent business but if not, hopefully commanding a very large acquisition price!!

[pierre oreilly] 27/12/2016 17:26

I'll have to disagree there. They are now about to start recruiting a bigger sales force - that doesn't happen overnight. Then they have to train the sales force - they have to know a bit about what they are selling (or rather taking orders for). Then there's the lead time from a sale to delivery, which will be 5 or 6 months i expect - it's a new product and those making them have to tool up, allocate various resources, get suppliers ... these things simply don't just happen instantly.

If you set expectations too high, then we're set up for disappointment. I hope you're not expecting anything like $263m of sales next year are you? i'd look further ahead than that for sales (and deliveries) like that. I don't think anything Scott said contradicts any of that (he's very much a realist and conservative too, imo).

[waterloo01] 27/12/2016 16:54

They had better ramp up sales and sharpish, and from all said by the company, that's what they intend. Most of the cash raised was focused on sales and marketing.
Scott McGregor, CEO, commented:

"redT has successfully proven its disruptive technology with the production of one of the longest life, lowest cost industrial energy storage machines, and we are now entering the next stage of development with the commercial roll-out of our Gen 2 units. Estimated at $100-$150 billion, the stationary energy storage market presents redT with a very significant opportunity for sustainable growth and our technology holds the key to unlocking firm renewable power for the future. With a strengthened balance sheet, we will now be able to aggressively ramp up our sales and marketing efforts, and continue the development of the future generation of redT machines.

The Board considers the pipeline for the next 6 to 12 months to be encouraging and believes that future revenue and margin expectations are deliverable through deployment of the proceeds of the Fundraising. As at the date of the Circular, and without proactively seeking to build its pipeline the Company has received 1,685 incoming sales enquiries from 112 countries, which have resulted in a potential total sales pipeline of 2,608 units with a gross value of US$263 million.

[pierre oreilly] 27/12/2016 16:33

It doubled a few months ago in just a few months, and i expect the same again - it is just in the right place at the right time. It halved again though (still confuses me why it did that), must be the effect of the placing but i don't really understand why. So we are currently at the stage we were about 6 months ago, except we are now well funded with lots of cash for a few years and enough to carry out the company strategy. I really don't think we should be looking for mass sales yet, or for a few years. That will just lead to disappointment when it doesn't happen. These are big industrial batteries (or machines) and you simply can't go from zero to supplying hundreds or thousands a a stroke. We still have news to come of the rest of the batteries being delivered to gigha, then installed, then operating perfectly (as the previous one did).

So to double (back to what it was) and double again (that's what i think possible and i'm hoping for next year), would mean a mkt cap of £190m. That really is peanuts for a big company wishing to enter into this field and jump to market leader.

We'll all hear a lot more about mass storage next year as even more coal and nuke stations are taken off the grid, and more windmills connected, making grid stability more on a knife edge. Batteries can help with that.

Even though i think the outlook is great, it's not one for windows and orphans. Like all aim companies, this is high risk, with no income for a while yet.

[discusser] 27/12/2016 11:49

Caution, of course: the market can stay irrational until long after you've gone bankrupt ! (I think JM Keynes said something to that effect.)

[alchemy] 27/12/2016 09:21

Posted about us on shares to double this upcoming year thread.Well, I believe it. It could do the 9 needed in a discrete month after all.

[parsons4] 25/12/2016 09:00

This is indeed a great thread long may serious discussion take place here. I wish all a happy Christmas and successful new year.

[discusser] 25/12/2016 00:31

Happy Christmas and a prosperous New Year ...

[cyberbub] 23/12/2016 16:59

Let's see if they can start converting those EOIs into orders of 5 or 10 units earlyish in the new year. Once they have been delivered and trialled for 6 months by a customer (with a lot of trial data from Gigha as well of course) then hopefully we should see repeat business for 20 or even 50 or 100 units at a time? Not difficult to see a utility ordering 50 IMO, plus maybe half a dozen bigger units? When/if orders like that start rolling in I can see us being taken out IMO.We can dream anyway!NAIHappy Christmas everyone.

[dr darkstar] 23/12/2016 16:51

1500 eoi's from 100 Countries also takes focus on where the likely orders will materialise; it doesn't make mad recruitment to chase everything