Redt Energy Share Discussion Threads

[dlg3] 19/4/2017 10:16

plus the money they had in the bank and the remaining payments from BEIS...no Debt !!

[dogrunner11] 19/4/2017 09:30

Don't forget the £15 million cash in bank!

[pugugly] 19/4/2017 09:24

dig3. re your 874 - Too true BUT until the board advise that they have profitable commercial order 8p or less is (imo) fair value.

Your 872 I am sorry to say is garbage - Only reseaching to determine how viable the coy could be for an investment - See comment re IEH above.

[pugugly] 19/4/2017 09:19

Also ADVFN fundaments are wrong . Nos of shares in issue last time I checked was 653,923,424 so market cap at 7.5p mid is £49,044,257 = Still a gamble (imo)

[pugugly] 19/4/2017 09:18

Also ADVFN fundaments are wrong . Nos of shares in issue last time I checked was 653,923,424 so market cap at 7.5p mid is £49,044,257 = Still a gamble (imo)

[dlg3] 19/4/2017 09:16

PUGUGLY should REDT have a full order book you would not be buying at 8p, you would be nearer 100p.... you could of course wait till the order book is full and then buy, everybody,s choice, but it would be more prudent to get in on the ground floor...not the top..

[dlg3] 19/4/2017 09:12

Everybody take no note of the Cenkos article and listen to PUGUGLY, we know he is thinking of other shareholder,s and will be collecting his honour later this year for charitable work to UK shareholders.....keep up your good work PUGUGLY, I do not now what the world would be like without you...

[fieldhouse] 19/4/2017 09:01

Thanks thomas,
Steady progress.
Rome was not built in a day

[owenski] 19/4/2017 08:51

Why should Jabil be looking to mass produce this? They're not sitting twiddling their thumbs waiting for orders, they make other stuff too - for loads of companies, that is their business model. It's RED that needs to sell their overpriced portacabins, Jabil get paid it's risk free for them, unlike RED who still loan their machines out or have to rely on grants

[thomasthetank1] 19/4/2017 08:47

Guys - thought you might like to see the below note from Cenkos:

redT energy Plc (RED LN, 8p, £51.5m, BUY)

Cornwall energy storage project builds relationship with Centrica

In summary we believe this project highlights that we are reaching a tipping point in the UK where industrial scale energy storage machines are becoming increasingly economic. Furthermore redT is clearly getting close to Centrica, a potentially significant partner and customer that has recently committed to rapidly invest £19m into storage and smart grid technology. With data available to Centrica from this project, we believe redT will be in a strong positon to respond to tenders for other energy storage systems for this project from Centrica. We believe this could happen later this calendar year as the funds are ready and the strategic direction from Centrica is clear.

[thomasthetank1] 19/4/2017 08:46

Guys - thought you might like to see the below note from Cenkos:

redT energy Plc (RED LN, 8p, £51.5m, BUY)

Cornwall energy storage project builds relationship with Centrica

In summary we believe this project highlights that we are reaching a tipping point in the UK where industrial scale energy storage machines are becoming increasingly economic. Furthermore redT is clearly getting close to Centrica, a potentially significant partner and customer that has recently committed to rapidly invest £19m into storage and smart grid technology. With data available to Centrica from this project, we believe redT will be in a strong positon to respond to tenders for other energy storage systems for this project from Centrica. We believe this could happen later this calendar year as the funds are ready and the strategic direction from Centrica is clear.

[dlg3] 19/4/2017 08:39

"The Jabil tie-up, which is a long term collaboration, is an interesting one in that it provides third party validation of the technology. It also reveals the ambition of both sides as the US firm will be looking to mass produce units for sale around the world"

[dlg3] 19/4/2017 08:38

Thanks dogrunner!!

The company showed the Premier its technologies and products for hydropower, nuclear power, gas turbines and batteries using new forms of energy. Premier Li said it was the first time he had seen Chinese-made equipment for fuel cells and gas turbines.

However, on seeing the company's vanadium redox battery, a rechargeable battery that uses vanadium ions to store potential chemical energy, he told the engineers of a smaller, more efficient VRB that he saw in the UK. He also shared his knowledge of German hydrogen battery stations when engineers showed their latest achievements in this field.

hxxp://www.4-traders.com/news/Presidency-of-People-Republic-of-China-2016-04-26-Absorbing-foreign-technologies--22292877/

[dlg3] 19/4/2017 08:36

PUGUGLY the Chinese already manufacture, shows how lacking your research is, there are many computer manufacturers so you had better sell IBM...

[iglenn] 19/4/2017 08:21

What a weird market aim is. Look at EMH this morning.

[iglenn] 19/4/2017 08:18

Maybe cos it's not a dead cat ! It's a bit manky admittedly but far from dead yet.

[spoole5] 19/4/2017 08:14

Not even a dead cat bounce here today. 7p goes it's 4p next stop.

[dogrunner11] 19/4/2017 06:50

The company showed the Premier its technologies and products for hydropower, nuclear power, gas turbines and batteries using new forms of energy. Premier Li said it was the first time he had seen Chinese-made equipment for fuel cells and gas turbines.

However, on seeing the company's vanadium redox battery, a rechargeable battery that uses vanadium ions to store potential chemical energy, he told the engineers of a smaller, more efficient VRB that he saw in the UK. He also shared his knowledge of German hydrogen battery stations when engineers showed their latest achievements in this field.

[iglenn] 19/4/2017 02:57

Morning. Well let's hope to a better day today. I wonder if there will be a flurry of news now.....get the negative one out the way first then hit us with some deliveries and orders...would make good sense. Fingers crossed

[dlg3] 18/4/2017 23:54

what did the chinese minister say dog about a vanadium battery he saw in the uk on his last visit???

[dlg3] 18/4/2017 23:52

£169 million