Redt Energy Share Discussion Threads

[rovi70] 25/9/2017 12:01

RedT Energy PLC RED VSA Capital Buy 10.38 9.50 22.00 22.00 Reiterates

[kj kelley] 25/9/2017 11:50

Good news today!

Drax's announcement that it wants to build the worlds biggest battery to smoothe out energy supplies will be a big indicator for the success of vanadium technology. If RedT's management are right the cost/benefit of their technology make it an easy decision against lithium and other options.

See the extract below from the Times article

hxxps://www.thetimes.co.uk/article/drax-has-the-plans-to-power-ahead-57jdgc83f

"On top of this it has added a supply operation that sells power to businesses, creating a valuable stream of service revenues. When the government promised to end coal generation by 2025, Drax played its next hand. It wants to build four small gas power stations around the country, convert most of the rest of the Drax plant in North Yorkshire to gas, and build the world’s biggest battery beside it. At 200 megawatts, this would dwarf the capacity of Tesla’s planned battery in Australia.

Driving this remarkable reincarnation is its chief executive, Dorothy Thompson. She has run Drax since its market float in 2005, overseeing a share price that has bounced about along with the government’s energy policy. The shares closed on Friday at 310.1p, valuing the company at £1.3bn.

Thompson’s latest gas and battery plan is bold but has its merits. As wind turbines and solar panels generate an increasing slice of Britain’s power, National Grid is crying out for dependable power to plug the gaps when the sun doesn’t shine and the wind doesn’t blow.

Drax wants to become the supplier of up to 7 gigawatts of available juice, ready to be pumped into the grid at the flick of a switch.

As secure and predictable sources of power such as coal and nuclear dwindle, the government will be forced to pay a premium for this flexibility. And, as ever, Drax wants the certainty of a 15-year government assurance before it takes the plunge."

[alchemy] 25/9/2017 11:00

Tonsil. Thanks.

[littlepop] 25/9/2017 10:56

Chicken, I'm sure 10p was a target for a lot of small day traders and automated sells. No need to worry about these at all in the big scheme of things, they are all getting bought back as confidence grows.

[tonsil] 25/9/2017 10:53

Alchemy Chemical stability is easily measured and extrapolated. Presumably the long service life owes itself to the molecular stability

[matrix25] 25/9/2017 10:43

Guys,I hope most of you are aware that Google is going to stop us having a watch list and a portfolio on there after mid November !! They are supposed to be upgrading Google !!

[parsons4] 25/9/2017 10:23

Agree matrix25 this is just the beginning !!!

[matrix25] 25/9/2017 10:11

Chicken01.
Small traders dealing in the shares, nothing more.I don't trade AIM shares. You never know when the next RNS is going to land.You may have to pay a lot more to get in then. If you believe in the story, just sit back and enjoy the ride.
Bwana.

[chicken01] 25/9/2017 09:57

Don't understand all the sells today, I must be thick!.

[iglenn] 25/9/2017 09:46

Got your point Pierre. Hard to continue being happy in the face of diminishing holding. But hey ho. As you say, it's coming together now.

[pierre oreilly] 25/9/2017 09:34

Ig, you could have been a happy bunny the last 3 months instead of getting yourself depressed. The end result is exactly the same. Don't buy aim unless you have confidence it will do well eventually. This is just the start with red, both business wise - a now massive order pipeline after picking up another company's book - and price wise as the price rises and gets the attention of the bigger investment houses who may be limited as to market cap etc. That's how momentum works for small companies ... the higher the market cap, the more institutions can invest.

[alchemy] 25/9/2017 09:25

I like that the 22p target is once again re-iterated. The Marcap is now 65 million or so , so that order for me is a reassuring prop. More orders and up it goes.I also like that we now have a view on what the order is worth.I'd like a handle on margins next.They do seem to be handling this stage well. But the content rather than the handling is key.Interesting other techs have let folk down. (How do we know ours last 20 years plus? (Shhh.)).

[chicken01] 25/9/2017 09:18

I think the markets will take a couple of hours to digest the potential here in the light of these new order/s, and it should move onwards and upwards as the day ticks along...

[cheek212] 25/9/2017 09:03

Good article and and if true, then 150 could see an order exceeding Us$10m!

[littlepop] 25/9/2017 08:56

Just read this from VSA Capital, an investor in this sector:

"VSA Comment

Following on from last week’s announcement of an initial 12 unit order (as part of a 300 unit pipeline), RED has delivered a further sales announcement in a key market. The units will be delivered next year and are expected to generate cUS$850k in revenues for FY 2018 (unit sales + add-on services). We also understand that this single customer has a significant pipeline of additional projects that could eventually require more than 150 RED units.

This multiple-unit sale into the African market highlights RED’s strong networks in the region, which originally stemmed from its legacy carbon project development business.

Aside from the monetary benefit, this deal also explicitly highlights the advantage of flow machines over lithium-ion and lead-acid solutions, which RED notes that in many cases have already failed on these specific project sites.

It also shows that its business model of deploying seed units in certain key markets (two Gen1 machines are deployed in Africa) is beginning to pay off.

We are hopeful that, once operational, the Olde House installation in Cornwall should have a similar stimulating effect for the UK market and lead to significant orders for RED’s bigger and more lucrative units.

We maintain our BUY recommendation and target price of 22p."

Good summary of where we are albeit the target price is on the conservative side IMV....

[pierre oreilly] 25/9/2017 08:36

Yeah it's a shame, and it's holding the price down. Anyone wanting to get in while it's in this state should simply get on the phone to order. Every man and his dog, except me, were waiting for order confirmation, now they are there. The first of many.

[folderboy] 25/9/2017 08:32

Re: Monitor Update.

1. Do you think ADVFN have noticed?

2. Do you think that those of us who pay for this service will get a refund?

No need to answer - two pieces of good news for me today - and I cannot see the effect!

[pierre oreilly] 25/9/2017 08:24

So, who was waiting for some orders?Well there are plenty announced today.

[shauney2] 25/9/2017 08:20

Prices showing here,

[alchemy] 25/9/2017 08:18

Ah yes ...thanks for that.

[pottermagic2310] 25/9/2017 08:18

Now we're cooking..

[iglenn] 25/9/2017 08:15

Google showing a 10% gain.

[cheek212] 25/9/2017 08:11

Nothing working this morning - no share prices being reported!

[folderboy] 25/9/2017 08:10

Monitor not updating?