Redt Energy Share Discussion Threads

[dlg3] 13/7/2017 09:04

jamonit start with most on this thread and they claim to be invested here....

[paleje] 13/7/2017 08:57

Long statement to say not much, a lot of waffle and excuses and slagging off people who (he says) are too thick to know the difference between power and energy doesn't sound good, he could do with some help the way he puts things. Frustrating but he raised expectations ages ago and now facing reality.

There was an article early week from David Kempton, he holds 28% underwater but not bailing, expects profitability 2019.

Yes dlg3, more funding perhaps, a way off though, hopefully better than the last one.

[mrphiljones] 13/7/2017 08:57

Will anyone be buying back in?..........

[dlg3] 13/7/2017 08:55

morning bobby good to see you wont be buying back in....

[waterloo01] 13/7/2017 08:53

Lot's of words, little actual delivery and no numbers.

[dlg3] 13/7/2017 08:50

Cheek212 dont forget they may have finance to put in place....

[bobby.ifa] 13/7/2017 08:50

Sad state of affairs.

[loobrush] 13/7/2017 08:48

REDT --Market cap £53 million-if ever a share was overpriced this is it !

[dozey3] 13/7/2017 08:46

Today's update is uninspiring:

At least it is still afloat. One problem is that if newer, presumably improved, versions of the storage machine are always coming next year then it's a problem selling current ones. Another is lack of support from either the government or wider energy saving/conserving industry. Suspect it's IP will be taken out for a song by some overseas outfit and leave us in the lurch.

[cheek212] 13/7/2017 08:45

Iglenn - Maybe so but the fact remains that the business only went commercial at the beginning of this year - 6 months ago - and as we all know, this is a new technology to market so will take time for sales to flow - huge positives are to be had that we have product out with nearly all of the major European power companies. That will pay dividends in the end. It must however be remembered that this product is not an 'off the shelf' product that can be picked, packed and posted. Once you have a tender you will need to visit the site, design and draw the specs to the required need as per the power source, get client Approval/sign off, more than likely obtain planning permission and then build the battery - this is the type of business that will be tendering, not just taking firm orders over the phone. As such, the timeline between tender and order is likely to be months hence the reason why I am pleased to see the final stage of customer selection figure more than double - with luck some of this will filter down during Q3 and Q4.

[dlg3] 13/7/2017 08:45

parsons4 1.2m shares is a lot of sales ??? did you do percentages at school, a mere drop in the ocean out of 650 million shares in issue...

[dlg3] 13/7/2017 08:42

Dogrunner is a blue poster, shows you are either colour blind or thick, more than likely the latter..!!

[parsons4] 13/7/2017 08:41

Lots of selling this AM I have a sneaky suspicion that this is not the best time to sell. He had to update the market today because of the meeting tonight !!

[dlg3] 13/7/2017 08:40

Iglenn the news today was better than yesterday !!!

[owenski] 13/7/2017 08:37

That update is a reality check that counters the Dig and Dog ramping road show.

The share price is tanking and thus shows what the market thinks.

This is still a new industry with no guarantees of success and sounds like any progress here is painfully slow, they will raise money again probably within a year.

[iglenn] 13/7/2017 08:36

Lol Dlg. Not sure I agree as this has stayed at this level for too long now.

[dlg3] 13/7/2017 08:35

lglenn just the mm,s having a few investors trousers down...

[dlg3] 13/7/2017 08:28

Trotters you mean this 200 millinon that is now 314 million ??

and active customer pipeline - €314m.

[cheek212] 13/7/2017 08:24

Trotters - if you actually bother to read the RNS then you will see exactly what happened to the £200m! Lazy deramper I feel!

[owenski] 13/7/2017 08:21

So, nothing's selling, slow is still the 'key Scott word', having to 'educate' customers is always worrying - that's an up hill struggle if one is making stuff and having to explain what it is.

Lithium still very much the incumbent technology.

Sounds like they haven't really made much progress at all and the manufacturing move has made short term production worse.

Share price reaction will show what the market thinks.

This is still years away from any meaningful traction, it's still a trials and R&D outfit and will be back to the market for money again at some point.

[trotterstrading] 13/7/2017 08:21

Damp squib, nothing of any real substance IMO. Actually seemed to contradict previous updates and the £200m potential sales pipeline, what happened to that? Now they are saying uptake has been slower than expected and they need to educate customers on the benefits? Really?i had high hopes for RED, Still do, but not anytime soon. One for the bottom draw.

[alchemy] 13/7/2017 08:18

Business development ok. Need for primary school lessons using our money? Er. The word is surprising.