Share Name Share Symbol Market Type Share ISIN Share Description
Redt Energy Plc LSE:RED London Ordinary Share GB00B11FB960 ORD EUR0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.875 2,533,327 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.85 0.90 0.875 0.875 0.875
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 3.74 -11.14 -1.59 8.0
Last Trade Time Trade Type Trade Size Trade Price Currency
16:25:03 O 15,000 0.895 GBX

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Trade Time Trade Price Trade Size Trade Value Trade Type
2019-07-16 15:25:050.9015,000134.25O
2019-07-16 15:21:010.85375,0003,187.50O
2019-07-16 15:19:130.85375,0003,187.50O
2019-07-16 13:54:060.86609,4005,216.46O
2019-07-16 11:16:330.902,00018.00O
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Redt Energy (RED) Top Chat Posts

DateSubject
16/7/2019
09:20
Redt Energy Daily Update: Redt Energy Plc is listed in the Support Services sector of the London Stock Exchange with ticker RED. The last closing price for Redt Energy was 0.88p.
Redt Energy Plc has a 4 week average price of 0.82p and a 12 week average price of 0.82p.
The 1 year high share price is 11.50p while the 1 year low share price is currently 0.82p.
There are currently 951,250,436 shares in issue and the average daily traded volume is 3,345,731 shares. The market capitalisation of Redt Energy Plc is £8,323,441.32.
16/7/2019
20:31
howmanyfools: Market growth predictions for lithium ion continue to far outstrip other sources of power, vanadium cited at $1 billion market prediction from one source for 2025. A 5% market share would give annual sales revenue of £38 million, a 20% market share is close to company predictions for weighted pipeline in March and suggests red reach this level of growth in six years time. I think a company will settle on buying red 100% at a much much lower quoted price, perhaps a premium of 60% when the share price hits one fifth of one pence. For those still holding - good luck. I moved on over 12 months ago taking a small loss at the time. Vanadium flow does appear to have support in a niche market but lacks the real mega projects of lithium ion.
05/7/2019
14:07
greenmachine2: Tsomev. Re #1068 They started selling off the core businesses from late 2015 when they acquired increased stake in the REDT technology. At the time they had turnover from the Biogas operations the USA and advisory businesses worldwide. In Jan 2012 an RNS stated the the sale of the UK advisory business for 4.5 million to Baxi/Verco. Core business at the time was stated "clean energy project development and carbon." That left project development business and carbon as core. Three years later in 2015 the Project development business and carbon was non core and the process of stopping writing carbon credit business and selling off biogas operations in USA and advisory business in Africa was all complete. REDT was describing VRFB as core in 2015 when the share price was about 6p. Massive dilution later and with a few sales of RED batteries, they ARE core business as there aren't any others with larger sales volumes!! Don't get me wrong I am not questioning the rational of the change of direction. The carbon credits business nearly sunk the company in the early 2010s , but the sale of UK advisory business to Verco who soon moved their registered office to Redt director Kenna Overton Farm's address and the sale of the Africa business for £1 where McGregor still is a shareholder and still is directors of the Camco Companies that were sold were both legal. The complete US biogas sale was a bit slow and convoluted but rational. As I bought excess shares in the open offer I am underwater in RED now averaging about 1.92p.
23/5/2019
15:36
owenski: My assessment of the business case here from the 8th Feb. A view I still maintain, current events have proved it to be accurate with the addition that the risk remains and is higher, it was this post that also started zero the muppet on his rant tirade. owenski 8 Feb '19 - 10:00 - 3376 of 4352 "I'm of the opinion that RED's business model isn't so much VRFM and energy related but is a low margin contract maintenance outfit. With the uphill battle of not having any maintenance income until it sells the infrastructure required to obtain its income. Unlike other disruptive businesses, which sell services into already existing structures, RED have to create the structure in the first place before they can earn some sort of return from servicing it, strikes me that this is a truly uphill battle and RED will remain loss making for some years. RED need large scale infrastructure deals to earn their money and that money looks to me to be low margin contract type work, likely recurring in nature, but an awful lot needed to generate the type of premiums that shareholders require to accelerate a share price. There are two parts to this business, one is making money from energy sales using VRFM installed estates, the other is the holding PLC of RED which is essentially a project management business which includes arranging financial backers. The bulk of any earnings are being paid out to financial backers to offer necessary incentives so that projects can be funded in the first place, RED are acting as middlemen only. That leaves a PLC reliant on lower margin maintenance work. Also, these are long lead time orders and the time taken even for modest machine orders to actual commissioning dates can be close to a year. I'm still of an opinion that whilst RED might be operating in an important energy space, whether it makes the sort of earnings and cash flow to make this a multibagger, I'm still not convinced. Meanwhile, more dilution coming."
14/5/2019
18:39
greenmachine2: There is a logic to intermittent renewables and longer term storage acting togther like REDT flow batteries with Solar proposition. There is a growing stream of talk and action around these ideas too.However I remain cautious as to whether there is much money to be made by the battery technology companies though,including REDT of which I am currently overinvested by my risk criteria. There is a list of failed installations e.g. King Island flow battery off Tasmania, and many failed flow battery companies that showed promise and Redt need to show exceptional performance and reliability with current vrb iterations to gain credence for bigger projects. My long term view remains with latent heat to do much of the work that flow batteries are targeting however, but they too will have to prove their technology, like REDT needs to continue to do. Until then either the current investors, new investors or a pure style debt financing model will be needed as far as I can see for REDT for sometime. A lot depends on the models for revenue streams and prices in a given market to see if it is a starter for big revenue streams. I invested first at 7.7p in Feb 2016. Hindsight is a great thing and with what I know now about Redt,the market for storage and like I think that we are on a long and rocky road to success where hopes of 7.7p or more share price are just dreams.
02/5/2019
15:10
pdoc: TS, Why did you post a link to a different company to try and prove that the RedT share price had not fallen as much as I said it did? The link you have posted is to a share called Toople - not for Redt. The share price at 25th October 2016 close was 16.25p and today at time of post is 1.5p. In the past 2 years, 6 months and 17 days the share price of Redt has fallen by 90.7%. So yes, Really!
15/3/2019
09:25
owenski: My appraisal of this business on 08 Feb. just over a month ago. These are the problems with this company - except the situation here is now dire. owenski 8 Feb '19 - 10:00 - 3376 of 4228 Edit 0 3 1 I'm of the opinion that RED's business model isn't so much VRFM and energy related but is a low margin contract maintenance outfit. With the uphill battle of not having any maintenance income until it sells the infrastructure required to obtain its income. Unlike other disruptive businesses, which sell services into already existing structures, RED have to create the structure in the first place before they can earn some sort of return from servicing it, strikes me that this is a truly uphill battle and RED will remain loss making for some years. RED need large scale infrastructure deals to earn their money and that money looks to me to be low margin contract type work, likely recurring in nature, but an awful lot needed to generate the type of premiums that shareholders require to accelerate a share price. There are two parts to this business, one is making money from energy sales using VRFM installed estates, the other is the holding PLC of RED which is essentially a project management business which includes arranging financial backers. The bulk of any earnings are being paid out to financial backers to offer necessary incentives so that projects can be funded in the first place, RED are acting as middlemen only. That leaves a PLC reliant on lower margin maintenance work. Also, these are long lead time orders and the time taken even for modest machine orders to actual commissioning dates can be close to a year. I'm still of an opinion that whilst RED might be operating in an important energy space, whether it makes the sort of earnings and cash flow to make this a multibagger, I'm still not convinced. Meanwhile, more dilution coming.
11/3/2019
08:42
owenski: The only thing about RED posters that does amuse me are the tea leaf reading experts who post these charts filled with hundreds of additional lines to show everyone the share price has bottomed out. The share price subsequently falls even further. Then then produce another chart that shows the original chart was wrong and the new chart has detected a double, triple or even quadruple bottom and the rise is now imminent. Yet the price continues it's decline. These charts have so many fanciful lines overdrawn on them that one cant even make out the original share price graph. They then try and con everyone that they are some sort of chart guru because they called some other share correctly with another equally arcane bit of chart shenanigans that involved more stick lines than a Lowry painting.... Turns out it was just good old fashioned luck really.... Meantime, it's amazing that luck only seems to favour them just that one time. lol ;-)
13/10/2018
13:10
kingbarolo: Good board this, some great stuff on it and learning a lot. For what its worth I thought I'd tell the story as I see it (a very personal account, possibly rose tinted). The German deal, when it comes in December or before, will secure the company in the medium term, according to Scot when the deal was announced. I take this to mean the company will be fundamentally financially stable for at least a year or more after the deal is done. If true this will significantly derisk REDT making it very attractive to investors, particularly given the huge potential of the energy storage market, and REDT having such a superior product. On this basis alone the share price will rise significantly when the announcement is made. Schroder's recent offering was to tide REDT over until the ink has dried on the German deal, from which time the company will be much more financially independent. Any further financial risk will then come from needing funds to secure significant future orders, so rather than bleed investors further and dilute the share price more than is necessary Scott intends to secure strategic partners who will share much of the cost. Has REDT just started this process or are they already getting interest from bigger players? I think the latter. The German deal will have attracted attention from the bigger players in a fast moving market. If REDT's machines are worth anything, discussions will be taking place. The potential here is enormous as any such deal would provide long term stability and access to a massive market, thereby substantially increasing the value of the company. In the short term MMs need to get rid of the remaining share stock from the placing so that trading can naturally occur - my feeling is that it's been held back the last couple of days to sell to bigger clients at around 7p. It would be nice to think when this has been completed, we will see a nice bounce in the share price You would expect any kind of news after that to reignite the demand for shares. And they all lived happily ever after.........Anybody thinking along the same lines?
01/10/2018
09:22
chestnuts: Zero If the above is true RED share price could move up significantly the market will get excited, and Mrs Chestnuts will say take another pill and calm down
29/7/2018
08:19
cheshire: Just in case people did not see this on FridayVSA CAPITAL MARKET MOVERS - redT Signs €50m Project Agreement redT Signs €50m Project AgreementredT energy (LON:RED), a developer of vanadium redox flow machines for large-scale energy storage infrastructure applications, has announced an exclusive deal to develop 690MWh of energy storage projects to support the German electricity grid, with an initial two 40MWh projects (1,066 tank unit modules) to be built in 2019 and 2020, subject to financing.Based on the current Gen3 price for a 60-300kWh system, the initial two projects could result in revenues of c€50m for RED split across FY 2019 and FY 2020The initial projects have planning approval, grid connection and approval to supply Secondary Control Reserve (SCR) to German and Austrian marketsThe projects will replace coal-fired power plants which typically supply Secondary Control Reserve by ramping up generation when required Agreement signed with Energy System Management, a German energy development company, part of WWF solarRED is confident that the projects will obtain the required funding in the near-termVSA CommentThis is the first 'mega project' announced by the company and is clearly extremely significant in terms of the mid-term financial impact. Aside from the order value, this agreement also confirms the suitability of long-duration flow machines for grid supporting projects across Europe.Recent regulatory changes in Germany, which have also been seen in the UK, are clearly favouring long-duration storage technology, as opposed to lithium-ion battery projects that are targeting short-term grid service revenue streams in what is an increasingly crowded sector.Our current forecasts are for 500 tank unit sales in FY 2019 and 2,500 tank unit sales in FY 2020. Depending on the eventual split of delivered modules, this one order could potential satisfy our 2019 forecast as well as providing a solid underpinning for our sales forecast in 2020.This is clearly a very positive announcement for the company and we would expect a strong share price reaction today. In addition, we are hopeful that further large-scale projects will be announced over the next few months. RED's outsourced manufacturing model provides us with confidence that it will be able to deliver this German pipeline, on top of any additional orders that may be secured in the coming months. We maintain our BUY recommendation and target price of 22p.
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