Share Name Share Symbol Market Type Share ISIN Share Description
Redt Energy LSE:RED London Ordinary Share GB00B11FB960 ORD EUR0.01
  Price Change % Change Share Price Shares Traded Last Trade
  +0.25p +4.10% 6.35p 1,217,584 10:35:02
Bid Price Offer Price High Price Low Price Open Price
6.30p 6.40p 6.40p 6.15p 6.15p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 10.52 -7.26 -1.14 50.2

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Date Time Title Posts
19/11/201821:38Redt Energy - a moderated thread2,639
16/9/201810:39REDT Energy Storage : The Next 'ARM + ASOS' Super Growth Stock ?1,061
02/8/201809:38Rebirth of Redstone?780
20/4/201722:25REDT No1 stock for 2016 - energy storage13,084

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Redt Energy (RED) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2018-11-19 14:14:056.3431,1511,974.97O
2018-11-19 12:22:436.3110,000631.00O
2018-11-19 11:36:396.3839,2152,499.96O
2018-11-19 10:34:376.30114,3027,201.03O
2018-11-19 10:26:456.3225,0001,580.00O
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Redt Energy Daily Update: Redt Energy is listed in the Support Services sector of the London Stock Exchange with ticker RED. The last closing price for Redt Energy was 6.10p.
Redt Energy has a 4 week average price of 6.10p and a 12 week average price of 6.10p.
The 1 year high share price is 11.50p while the 1 year low share price is currently 4.50p.
There are currently 791,219,132 shares in issue and the average daily traded volume is 1,230,444 shares. The market capitalisation of Redt Energy is £50,242,414.88.
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?
brucie5: Ok, well I'm sorry to hear that, jim, as I set some store by your opinions. But I can't really see what has changed, apart from the sentiment of investors on getting another low ball funding, with consequent downward drift of share price . Unless the German deal has blown out, or some other negative that Scott isn't telling us, I can only believe that we are gearing up for substantial orders, and Scott needs to firm up the balance sheet and get anchored into strategic partner, to give confidence to large customers. It's simply what ITM has done. Putting aside your reasonable frustrations, the prognosis for the company is seems extraordinarily good, doesn't it? Huge macro trend in renewable storage; utility scale interest in Germany; original target markets in UK and Australia already seeded, and in the UK as we've seen, interest from the NHS and Anglian... I really think patience is needed here. If the current share price was at 4p instead of 7.4, with no additional information, I think we'd be seeing RED through a different lense. That said, my bellwether here is Owenski, who has been sceptically interested for some time. He's also right about sizing on an opportunity like this. Patience can be a function of how much you have invested in a share, with flexibility to trade up and down. In the meantime this will shortly reach a base, from which any positive newsflow may well provoke a revisit of the recent upwards rise. I think the story is just beginning.
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
greenmachine2: In Feb 2019 I will have held Redt for 3 years. The share price is IMV at last starting to factor in real planned and possible sales. One of the factors that help evaluate my assessment of the Redt share price is my guess of future sales. We certainly need a lot of sales to support a valuation of 100 million on that basis or about 14 pence. It is for that reason I do not share some of the high hopes for the share price, unless a big player buys us up.
jimflint: Looking at the latest RNS, Redt has been selected as a "preferred" supplier. That, and the German deal puts RedT in a driver's seat position. The technology has been analysed and tested, yet RedT has yet to prove out its favourable contract position. Hence why the share price is not north of 20p. IMO, if RedT can prove out, and all the signs are it will happen, we'll see bigger fish swimming around. It'll be a question of how much the PI can capture.
pierre oreilly: The share price seems to be great to me, it seems to be a 50% rise followed by a 10% drop as traders exit. We are currently driven by pis, once we get institutional support then the pi traders will have less effect. (and i think institutional support will come at 100m mc or 15/16p). The share price does what it does but the business is more important to investors. The business case for me is that our product returns a very safe 16% to buyers from activity on the grid (so no bad debtors, no advertising etc etc). And that is a low risk 16% for 25 years with little maintenance (which red gets another income stream from). Red appears to be the world leader in grid connected flow machines, and the demand is so high it might as well be viewed as infinite. It has a 1000 machine order and a 4000 machine letter of intent. Show me any better buiness case on aim and i'll drink a pint of vanadium. If the business case is sound, then the share price will rise, via some big ups and some traders induced little downs.
greenmachine2: Thanks for resurrecting this thread masurenguy.!!! Re Pierre O Reilly 's post 980 regarding the share price and ex director sells, I would agree that these sells and the presumed exit of the British Steel pension fund holding along with no positive news until recently has dented the share price and sentiment. What we are left with now is virtually a pure play energy storage company after the "sale" of the African business and discontinuation of the legacy carbon business. Incredible situation to be in for Redt with this potential big order. I used the John Ward 12 month lock in agreement in February 2018 as a benchmark for a sell price for me in 2018. As I travelled to the AGM 50 percent of my shares were sold at 7p, reducing my exposure to more sensible levels. I was pleased to hear at the AGM that Vanadium costs of the machines are 30 to 35 percent of the cost, rather than the 45 percent from another source and maker I presume. REDT seem to have developed a way of demonstrating that in house use of solar by businesses is a money maker with a REDT flow machine. I wonder if the in house use with an open cycle gas turbine or CCGT is a money maker yet? They suggested that it was not far off for stand alone solar in some markets. The question for me is whether to further derisk by selling some more.
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.
jimflint: Some have commented on share price expectations. Looking at this news, it's still speculative, but judging on previous share price performance and expectation, one would expect the share price to hold in the 9p-10p range pending further news. If we get no more news of developments here or elsewhere then the share price would be expected to fall back. But this is solid news.
rovi70: RedT Energy's share price is below the future cash flow value, and at a moderate discount (> 20%). RedT Energy's share price is below the future cash flow value, and at a substantial discount (> 40%). Is RedT Energy still cheap? Good news, investors! RedT Energy is still a bargain right now. According to my valuation, the intrinsic value for the stock is £0.26, but it is currently trading at £0.08 on the share market, meaning that there is still an opportunity to buy now. What’s more interesting is that, RedT Energy’s share price is quite stable, which could mean two things: firstly, it may take the share price a while to move to its intrinsic value, and secondly, there may be less chances to buy low in the future once it reaches that value. This is because the stock is less volatile than the wider market given its low beta.
Redt Energy share price data is direct from the London Stock Exchange
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