Redt Energy Share Discussion Threads

[brucie5] 02/2/2018 16:24

It's now got a market cap just shy of 49m.
It would be instructive (to me at least) to postulate what would need to be the case to achieve a 10 bagger, ie a mcap of 500m. That of course, would be a share price of about 80p from here, and good enough end point for most of us!

500m cap at say, pe 15, would imply earnings of 33m.
If margin on gen3 runs on a minimum of 15% with services, that would imply sales of c. 200m.

If that's roughly correct, then a mcap of just twice current value, 100m would require sales of 40m.

Did someone say 1mwh = £1m?

Now be nice, please; or give me your own figures for illustration!

[brucie5] 02/2/2018 16:07

I do so frequently.

[alchemy] 02/2/2018 14:39

Re VRS..I suspect this is for batteries not flow engines. The Aim-listed group is also collaborating on developments for aerospace components, elite sports products and power storage. Its strategy involves using revenue from mature products to support those in development.And will assist PV which helps us too.

[tradertrev] 02/2/2018 13:01

"Remember share price valuation is not about actual sales" - you can say that again!!!

[fieldhouse] 02/2/2018 12:48

Zero the Hero.

All been addressed as you say.

Time scale only questionable variation.

Could move very rapidly on order confirmation.

[zero the hero] 02/2/2018 12:16

Look back through posts on this thread Brucie

[dogrunner11] 02/2/2018 11:56

Absolutely, tens of units would still equate to 50MWh plus sold this year and hundreds of units for 2019 could be 1800 which is near 400MWh and profits of substantial nature.

No matter how that is glossed over it is expotential growth.

[brucie5] 02/2/2018 11:50

Which questions?

[zero the hero] 02/2/2018 11:42

Owenski had already been told ALL of this information on these BB's but he ignored it, worse he did not ask the questions that needed to be asked. Then because he wraps it up in a load of BS loaded with his own distorted view, people get suckered into selling.

[tradermel] 02/2/2018 11:31

Anyone up for a job in Cornwall?

"Supporting end to end delivery of renewable and energy storage projects, from pre-contract stage through to connection and handover to operation and maintenance"

[zero the hero] 02/2/2018 11:28

Anyone reading his post and basing their strategy on that fabrication of useless negativity does not deserve to make any money in the market.

[brucie5] 02/2/2018 11:16

Support is at 7p. Given the significance of retail interest, over institutional, I'd imagine that Owenski's recent post has caused many to rethink their timescale for the opportunity here.

The irony could be, that it affords those with more conviction in the story to pick up stock at the two year low.

[dlg3] 02/2/2018 11:07

The business case for storage remains very strong, with industry experts estimating that "by 2024, roughly 81GWh of energy storage will be installed globally". The incentives are obvious, with solar and wind generation now trending towards levelised cost of energy figures far below that of traditional baseload generation sources. For instance, according to DECC, (now BEIS) 2016 levelised cost of energy figures, solar sits at 5.9p/kWh with wind at 4.7p/kWh, compared to coal and CCGT at 12.5p/kWh and 6.5p/kWh respectively. For perspective, the Hinkley Point C strike price is 9.25p/kWh, almost twice DECC's figures for PV and wind. Food for thought.

[dlg3] 02/2/2018 11:05

01 February 2018

Scott McGregor, CEO of redT energy storage, discusses different forms of energy storage and how each type has its own benefits and disadvantages.

[tradermel] 02/2/2018 10:39

Centrica are advertising for jobs in Cornwall and referencing Battery storage, this could be the bump up we need. HT to Dogrunner!



Remember share price valuation is not about actual sales but the anticipation and if RedT land this the share price will only go one way

[dogrunner11] 01/2/2018 23:35

Recent job advert (Centrica) says they are planning two or three large projects in Cornwall, part of LEM, thing is that finishes next year and we are the largest participant?

“If you factor in everything — inflation, depreciation, operation, maintenance, replacement — we are significantly cheaper than lead and lithium' ”

[dlg3] 01/2/2018 23:19

Centrica has received planning permission for a brace of battery energy storage units at its UK headquarters in Windsor with a combined capacity of 1MW set to be built at the site.

The installations are intended to support the continuing efficient operation of Centrica’s Millstream Headquarters offices by charging up in off peak periods to increase the use of cheaper electricity on site.

Centrica also plans to take the batteries into the balancing services market while also supporting wider decarbonisation of the energy system by providing flexibility to allow greater concentrations of renewables to be installed.


Centrica was unable to reveal further details of the proposed batteries, including what battery technologies are to be used.

The company’s 49MW Roosecote project which is nearing completion in Cumbria uses lithium-ion batteries from Samsung SDI, while a 1MWh vanadium redox flow machine part funded by Centrica was the first to sign up to a local energy market being set up by the company in Cornwall.

[dlg3] 01/2/2018 19:59

Renewables must be more profitable for the former Dong Energy.....

[dlg3] 01/2/2018 19:58

The CEO of Orsted, the world’s largest offshore wind developer, has said that his company is working to establish “a scalable commercial model” for solar PV and energy storage, viewing both as potential drivers of long-term growth.

Danish power company Orsted, formerly known as DONG Energy until a rebrand and restructuring last year that also included selling off its oil and gas businesses, has just reported its latest quarterly financial results, including reporting for the full 2017 year.

For 2017, the group saw DKK22.5 billion (US$3.77 billion) operating profit, an increase of 18% from the year before. This included a 74% rise in profits from its wind business. The company made an overall net profit of DKK13.3 billion (US$2.23 billion), an increase of more than DKK1 billion from 2016.

[dlg3] 01/2/2018 19:58

another oil company moving out of oil......renewable,s will be the new oil....

[dlg3] 01/2/2018 19:55

"As part of Statoil's strategy of gradually supplementing our oil and gas portfolio with profitable renewable energy, getting to understand energy storage is important. With more renewables coming into production it will be crucial to handle storage to ensure predictable energy supply in periods without wind or sun.

[alchemy] 01/2/2018 19:46

Ah thanks , that's a disparity.

[dlg3] 01/2/2018 19:23

Another thing to consider is that Vionx have a huge cash burn for a small company and David Vieau is no stranger to bankruptcy.... they raised $53,000,000 2 years ago, but 2 years ago they had a small battery on a shelf....... and to date they have raised $85 million with the last being on the 4th Jan 2018 so I figure they have blown the $53 million raised about 2 years ago.......they must be on a thin line...

[dlg3] 01/2/2018 19:06

A picture tells a thousand words and they joined twitter in 2015 with the hope of announcing their progress, seeing as there are 2 tweets in 2.5 years, perhaps they have made no progress to report, that could be that they are letting someone else do the development and they just plan to sell the product....!!! just a thought, but if someone was doing the development and not ready for full scale manufacture, who would that likely be??? Jabil are doing Vionx,s manufacturing, but they do not have a manufacturing contract with Jabil....???? so what would that suggest??? Why do Jabil go out of their way to publicise a manufacturing contract but not with Vionx??? yes you could say well Jabil manufacture for another flow battery company Vizn, but they do not develop VRFB !!!!! now who do that leave???