Redt Energy Share Discussion Threads

[dlg3] 28/9/2017 14:23

Pierre Oreilly it matters not, but it would be nice to see Scott,s statement backed up about lithium not being up to the job !!!

[pierre oreilly] 28/9/2017 08:44

Why does it matter? The fact is for whatever reason, reds storage machine has proven to be superior to lithium in the application where the lithium is being ripped out and replaced with our product. It's excellent to see in practice what has been theorised on this very board. Lithium is great in watches up to EVs, but not a good fit at all for higher storage and power applications. And when our hybrid comes along, it will encroach further down the curve and pinch lower power applications where currently lithium may be better suited.

[alchemy] 28/9/2017 08:42

I wonder how long we have to take stock before the next movements? The next information? The pipeline is clearly working, it's not just an aspirational tool.I guess with the demand for storage it's actual a qualified prospect list. I expect the number of units announced to be increased at an increasing rate. Maybe 6 RNS this quarter? October 1st to end December . That's one per fortnight. Just under. Then if Olde Farm convinces those from Missouri, total sceptics, including investors that should make for an interesting October?Australia will perhaps open with a batched order?For some reason we report in Euros. And some events are reported in dollars, so mentally we are going to be on our toes.That 22p target? We'll get there. Target makers never say when of course. How about circa December 15th when books shut for the year? The only Risk is Olde Farm? The only perceivable risk. . I feel pretty sure it will work.As I said yesterday, hopefully there's a learning curve and implementation manual coming from that.Per ardua ad Tavernam

[dlg3] 27/9/2017 23:03

Fired an email off to Joe Worthington, to ask if the battery,s being replaced are through age or severe usage.... it would be an important point with regards to lithium as competition, should it be from severe usage instead of just coming to the end of there life would make a huge difference...

we wait and see !!!

[dlg3] 27/9/2017 22:56

I wonder how old the lithium and lead acid battery,s are....


Of these, we would highlight the Botswana order as most notable given RED’s flow machines are replacing failing lithium-ion and lead-acid products at each of the 14 sites. This is a key marketing angle for the company and we are hopeful that additional potential customers in the sector will also begin to appreciate the advantages of flow machines over more traditional forms of storage in the coming months/years.

[tullynessle] 27/9/2017 18:50

redT Energy Storage

2017 H1 Interim Results

Scott McGregor, Chief Executive Officer
Scott Laird, Finance Director
27 September 2017

Powerpoint presentation.

[pottermagic2310] 27/9/2017 18:42

A few more sizeable Wins will surely take this across the "chasm" and into mass production and Market leader territory over the coming year. Then we should expect a multi-bagger, e.g. x4 or 5 increase in MV etc

[crystball] 27/9/2017 18:19

Little piece from The Motley Fool......

[parsons4] 27/9/2017 17:58

I listened to the whole thing. A big negative for me was the fact that the GEN2 product was not profitable and only the GEN3 product will have a decent margin.
Also he did not want to talk about the RNLI project as it was not top of their agenda (RNLI that is) !! Other than that very positive, he keeps reiterating that "Slowly slowly catch a monkey" (my words but you know what I mean) I think he is a top man with the best in the industry with a world beating product. As a side he did mention that he has manufacturing capability which is over 5 times the size of Tessla in which case who in the world can seriously compete with REDT who have a proven technology !!!

[cheek212] 27/9/2017 17:00

As well as France and Wales, he also mentioned in later conversation that one is/has gone to Ireland.

[dogrunner11] 27/9/2017 16:54

Good to know they are now converting that pipeline into actual orders faster then the last half year, keep up this progress we will soon be surpassing those broker estimates with ease.

Add in we have a launch into Australia later this year suggests we are in for a news rich period, IMO.

[ianous] 27/9/2017 16:50

Anyone else listen in to the conference call? A very upbeat and positive presentation where Scott reiterated REDT approach would continue to be methodical and measured. He even said they make no apology for been boring.Again he reiterated that they won't announce every sale as evidenced from the news that two units have been sold one to a strategic partner in France and another to Wales.He said we can do the maths as to whether a cash call was coming based on current cash burn.

[littlepop] 27/9/2017 15:59

Muted but relatively positive reaction to figures as expected - everyone knows this is largely irrelevant at this stage and plenty of buys going through today, although ADVFN seem to be getting confused as to what is a buy and what a sell. Ferrari order going in at 20p, retirement at 50! (p, not years)

[pierre oreilly] 27/9/2017 13:51

Dog111 You should look into marks and sparks for your old woman risk profile. You could get a nice blue rinse with the Divi. But your 20 quid investment there may be worth 25 quid in five years time. This share is for the more risk accepting gifted investors who could likely turn 10 grand into 100 grand in that time. It is certainly heading in that direction. Neow, it's your bingo time isn't it.

[dogrunner111] 27/9/2017 13:42

I can't I am a follower of these fine outfits which are ALWAYS about to make it and then they are so unsustainable they disappear breaking PI hearts sadly, it is fun

[iglenn] 27/9/2017 13:29

Lol chicken. I know that feeling. Spent the next 6 bags already ! A nice monkey 47 and fever tree tonic please.

[chicken01] 27/9/2017 12:53

Iglenn...my bar bill is due shortly so I need a quid a share!.

[iglenn] 27/9/2017 12:47

Net...Im staying for over the pound.

[pierre oreilly] 27/9/2017 12:21

So our units are replacing failing lithium units. That'll teach these lithium guys to stick to the low kW scale and leave the big stuff to reds flow machines. Heating and high cell failure rate makes lithium nonsense for big systems. And musk will come a cropper for that reason

[netcurtains] 27/9/2017 12:04

I would think 22p conservative - I'm sticking my neck out for 50p within 12 months (possible spike at 75p).

[alchemy] 27/9/2017 11:39

GMr. Thanks for that ...useful points therein.

[gmr64] 27/9/2017 11:23

VSA Comment

RED’s H1 results are pretty academic as the company was busy significantly scaling up its workforce (+100% YoY) during this period, following the December fundraise (administration expenses increased to €5.2m from €3.6m in H1 2016). As revealed in its operations update in mid-July, RED sold just six tank unit modules in H1. However, EBITDA remained in-line with our expectations due to strong performance from its legacy carbon business.

More importantly to us is the fact that commercial sales are now beginning, evidenced by the recent announcement of a 12 tank unit order (as part of a 300 unit pipeline) for certain distributors and a 14 tank unit order (as part of a 150+ unit pipeline) for a Botswana-based client, both announced in the last month.

Of these, we would highlight the Botswana order as most notable given RED’s flow machines are replacing failing lithium-ion and lead-acid products at each of the 14 sites. This is a key marketing angle for the company and we are hopeful that additional potential customers in the sector will also begin to appreciate the advantages of flow machines over more traditional forms of storage in the coming months/years.

In its July trading update, RED revealed that it had €15.9m of potential orders in the final stage of customer selection (up from €6.5m when it released its FY 2016 results in April) and an active customer pipeline of €314m (vs. €246m in April). It also outlined plans to enter the Australian market in H2.

It has delivered on the later goal through its announced distributor agreements and has increased its pipeline even further since this announcement with €16.5m (205 units) now in the final stages of customer selection and an active customer pipeline of €323m.

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

[alchemy] 27/9/2017 09:28

It might be D111 - in your perception - but it'll never get that far down. Why don't you , er, "do one"?

[dogrunner111] 27/9/2017 09:01

3p fair value