Redt Energy Share Discussion Threads

[cheek212] 12/4/2017 12:40

I'm tired of reading comments from derampers spurning negative vibes but I don't spend my life posting how I'm tired of reading it!! Fact is this isn't a pick and pack product - orders take time. Accept it or move on to something you are invested in.

[iglenn] 12/4/2017 11:40

I'm tired of hearing about potential.

[iglenn] 12/4/2017 11:40

Alchemy. Trouble is it's all talk. Much the same as the placing. It's commercial orders the market is waiting for and continued promises are beginning to sound very jam tomorrow.

[alchemy] 12/4/2017 10:46

The event for analyst and web presentation after the results will be useful.

[vatnabrekk] 12/4/2017 10:13

We don't know that they haven't got any orders. We are just assuming that because they haven't announced it.

[alchemy] 12/4/2017 10:06

It's a system product, takes time to work ou links to the source, sizing , planning permission, and other factors. Then there is the buying cycle. The purchaser will need a signature validated or confirmed by a board meeting, which happen once a quarter? And they don't have to announce every order. The aggregate order level would do. So long as it starts soon and rises. , !

[pierre oreilly] 12/4/2017 09:34

Surprised and disappointed to return after a month away to see this still languishing around 9 or 10p. Still, confident this has all the qualities to capture investors' imagination at some stage.

[iglenn] 12/4/2017 09:26

My thoughts exactly

[chicken01] 12/4/2017 09:22

I am having difficulty understanding how RED had hundreds of enquiries last year, and its April now, but no sign of any orders... Is there a problem, because no orders means no turnover, means broke or another placing to cover expenses???.

[alchemy] 12/4/2017 09:10

Yes possibly this share "leaks" . The results can't be good . But the product and its marketing will win out.

[alchemy] 12/4/2017 07:42

But, for the record I am bullish on this. The half -year results in just over half a year will be of merit I'm sure and notices before then too, hopefully .

[dogrunner11] 12/4/2017 07:27

When I'm as wise as you hey Pug.

[pugugly] 11/4/2017 21:52

Alchemy:> Too true - I see you have been around these boards for as long as I. We therefore both know that profitable sales (good gross and net margins and strong cash conversion) with no post installation glitches are the key to a profitable and growing company - Very few signs yet I am afraid.

Hence my somewhat cynical position in 576 above.

[alchemy] 11/4/2017 21:45

Results won't help you Pug.Forward looking statements and any news on order book post Jan 1st. are needed.The results will need to be overcome by enthusiasm , well-founded, and facts about the outlook. They are the last results before the commercialisation started.

[pugugly] 11/4/2017 18:47

dog - You been out in the stubble field grasping at straws ? (imo) If the technology is cost competitve at the moment (which is the message given by most of the posts above) then why not get ahead of the competition and SELL = If not then we are all (imo) chasing mirages - IF they go for the above funded development/research contracts (and gain) message communicated will I suspect be - product not yet ready for commercial roll out!!! If so - Heaven help the share price

I hope I am wrong but .............

All will hopefully be revealed on the 24th - so not long to wait.


"Notice of Full Year Results redT energy plc (AIM: RED) the energy storage technology company, announces that its Full Year Results for the period ended 31 December 2016 will be released on 24 April 2017.
Following the announcement of Results, the management team will host a presentation for analysts on the day, followed by a webcast for investors at 3pm. To register interest, please contact Jimmy Lea at [e-mail] or on [phone]".

[dogrunner11] 11/4/2017 17:34

Yes I've given him/her a days holiday. Well noticed, your skills have improved.

[dr darkstar] 11/4/2017 17:30

Looks like dog aka dlg has had a day off today!

[dogrunner11] 11/4/2017 09:24

It makes sense, big bucks to be had that are worth waiting for!

[dlg3] 11/4/2017 09:02

dogrunner11 you may just be spot on there !!!! every thing will be in place by then..

[dogrunner11] 10/4/2017 21:02

No idea why I'm sharing that information as I actually want more shares.

[dogrunner11] 10/4/2017 21:01

Missed this part off, quite important. We have someone who started work as a buyer, we have a couple jobs requiring travel to Halifax, there's only a wind farm in Halifax I can find that is connected via E.ON, 18WM.

Approval received in May they could chose to start commercial sales then, we can't buy online today and realistically people should be able to buy those smaller units and get a third party approved installation partner, we have a few. Commercialisation stage is where we are at, RNS's point to mass-production of Gen2, Gen3 is out end of this year/early next. One would assume we are in for some action this year then.

• Conditional grant offer letters issued (May/June 2017)
• Grant awards & projects start (June 2017)

[dogrunner11] 10/4/2017 21:01

Could be totally off the mark, however it would make commercial sense to wait for that sort of funding. A million would be equivalent of a 2.5MW plus system, it could be bigger with a £2.5 million win.

Key requirements for this funding are the company cannot be making commercial sales, they must be near commercial sales, clearly we are eligible in this respect today.

With the dates given in mind they must know already if they are in the running for this funding, I suspect someone else is in the know also as we clearly have someone picking up shares a mid-price for a while which tends to be large players. We also know that whilst the price falls there's nothing of real availability as you need pay well over ask for anything of size.

[dogrunner11] 10/4/2017 21:01

Industry applicants or project teams, which must be industry-led, can apply for up to £1.0 million grant funding for industrial research projects and up to £2.5 million grant funding for experimental development projects. The maximum funding to be allocated to any single project is £2.5 million. Any project selected for funding in this Competition will be required to provide significant private sector funding alongside the grant funding provided by BEIS (further details of the match funding requirements are in section 5).

• Conditional grant offer letters issued (May/June 2017)
• Grant awards & projects start (June 2017)

[dogrunner11] 10/4/2017 21:01

Here's my thoughts on why we might be due some funding and reasons why we have not yet had commercial sales. Take a careful read of funding that is due to be confirmed by May/June this year, there's a significant amount of money available that a project say the size of an 18MW wind farm would benefit hugely from, even one in Halifax part owned by E.On: -

1. The Energy Storage Cost Reduction Competition – Overview

The objective of the Energy Storage Cost Reduction Competition (the Competition) is to support, through capital grants provided by the Department for Business, Energy and Industrial Strategy (BEIS), a number of industrial research and experimental development projects aimed at securing cost reduction in larger-scale energy storage technologies.
The Competition will consider projects for cost reduction of thermal, electricity or power to gas storage technologies which have the potential to reduce overall energy system costs; enable increased deployment of low carbon generation technologies or secure cost- effective efficiency improvements in generation technologies (renewable or non- renewable). The focus will be on reducing the levelised (full-life) costs of energy storage and applicants will be required to justify the cost reduction they expect to secure through the proposed innovation project. The Competition will prioritise support to larger-scale storage technologies capable of operating efficiently and cost-effectively at 1MW export power or 1MWh storage capacity upwards.

The Competition will focus support on component or sub-system level development and testing or improvement of manufacturing processes, rather than full-scale system prototyping and operational demonstration. While the Competition will be open to all types of energy storage technology, funding will not be provided for technologies which are already widely or commercially deployed (in the UK or elsewhere). The supported storage technologies are expected to be at an advanced stage of demonstration or close to commercial deployment.

[chicken01] 10/4/2017 08:24

Vatnebrekk...yes, I think you are correct...I seem to remember the Severn being mentioned.