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Tonight's Evening Stanard has an article on Google's new State of the Art HQ, which will be built over the next couple of years. http://www.standard.co.uk/news/london/revealed-googles-plan-for-vast-new-london-hq-with-pool-running-trail-and-fiveaside-pitch-a3554121.html Although we don't know for certain that the IBC contract referred to in the RNS on 16/1/2017 is for Googles new HQ, there is certainly a reasonable likelihood that it could be. MB referred to IBC in his interview, (link posted earlier by share_talk) and was very upbeat about it. Why wouldn't he be if they have indeed got the contract for the new Google HQ. As he said RedstoneConnect are the leading company in this field. Would Google want their new State of the Art building to be without IBC? I very much doubt it.
James So pleased that you got the time off work to allow you to attend. Hopefully a few others from here will do likewise. I'm going to have to get my broker to email me the letter that will allow me to vote at the meeting.
Without doubt that 8m trade was a sell and it will most certainly have held the SP back. The fact that someone could sell that much and still realise a SP of 1.5p per share ought to be viewed positively.
For me the significance of the RNS was not the size of the contract but rather what was written in the last sentence, namely: "This seamless approach adopted by RedstoneConnect highlights the Company's end-to-end smart solution capabilities and is complementary to the wider redevelopment project to develop Milton Keynes into the UK's first 'smart city'. This would appear to just be phase one of a much bigger project and it is likely to be closely watched by planners in other cities, who are also likely to want the same thing should it be successful. This is a great opportunity for R.C.to showcase what can be achieved with their smart solutions.
Yes indeed. Just been doing a bit of research on our new big shareholder J O HAMBRO CAPITAL MANAGEMENT LIMITED. According to Wikipedia, in February 2015 they had assets of 16.2 Billion. Good to have them on board.
Yes indeed. Just been doing a bit of research on our new big shareholder J O HAMBRO CAPITAL MANAGEMENT LIMITED. According to Wikipedia, in February 2015 they had assets of 16.2 Billion. Good to have them on board.
Helium have bought roughly another 2,500,000. However due the the number of Redstone connect shares having gone up by 433,333,334, their percentant holding of the new share total of 2,078,479,485 has dropped to 10.903%. The percentage figure of 13.77 percent given in the RNS is incorrect and instead show their percentage of the old total number of shares, namely 1,645.151,145.
No doubt many of the herd who posted on Monday are now embarrassed about how they failed to notice that FIPP only hold 5% of Exscientia. It was still a good RNS and is further evidence of the quality of FIPP's intellectual property. This company is steadily growing and is managed well and even those who got spiked will eventually see the the SP recover. Those buying in whilst the SP is still below 40p should do well.
MB had been talking about making another acquisition for some time, therefore almost anyone could have predicted that a placing to fund it was highly likely. Probably the only person that was not expecting it was our resident troll who always posts that a placing is coming, BUT has not done so for over 6 months. LOL. The oversubscribed placing was virtaully at no discount to the SP and we now have new II's on board. For a company that is is now attracting blue chip and multi-national companies, the move away from being a penny share and from having 2b shares in circulation to just 20m should improve the companies credibility. The company's fundamentals, its order book and and it outlook are all very positive, therefore now is probably the right time for the consolidation. The new II's would have been aware of the consolidation plans when funding the placing and were still more than happy to invest. We have all been a bit frustrated by the SP being stuck in its current range, but hopefully we will see a speedy integration of A&K and their staff into RedstoneConnect which together with the consolidation will finally enable the SP to break out of its this range into new positive territory.
Well my prediction on 27th was spot on. We got the small dip and have now tested the 700p mark. This seems to be the pattern at the moment, 2 steps forwards and one step backwards. As long as this pattern continues I'll be holding here for some time. With the current momentum. the high of 830p seen in January 2015 could well be under threat. Numis may well be right with their SP target of 900p
In the last 3 weeks we've seen a 15% rise however with profits taking this is never going to rise in a straight line. However the overall trend is positive and probably after another small dip we'll test the 700p mark.
DT suggests the the recovery has not been reflected in the SP. Copy and paste the below link but fill in the gaps. https://www. directors talkinterviews .com/redstoneconnect-plc-recovery-not-reflected-share-price/412727643
Well done to MB, FB and the team for delivering much needed improvement during what has been MB's first full year as CEO. His decision making and professionalism are a breath of fresh air. I also would like to see further Directors Buys to emphasise the confidence that they clearly have about the company's future.
When the OO was first announced there were suggestion of the SP going below 0.2p once people got their OO shares due to profit taking. This could easily make holders sell now and buy back below lower.
Now that LSE have an ECHO page updated with all the SP information and this page is no longer updated, I guess posting on here will dwindle out and the ECHO page will take over. Doesn't make sense posting on the share on both pages.
The Shark Hopefully the results will get us some good press and get us back on the radar of PI's and Institutions allike. I haven't topped up since the OO at 0.5p but now have the confidence to do so again. I've texted you.
Thanks Melody, that video basically summarises very nicely what REDS is all about and is certainly very encouraging. For those who haven't got time to view it all right now, he is a brief summary. They are doing business with some of the biggest global companies and household names They are moving from high volume to high value business with recurring revenue streams. The focus is entirely on owning Intellectual Property that makes REDS unique, growing organically whilst looking at specific acquisitions that will allow them to accelerate their strategy. They are looking to dominate the markets in which they operate, a journey which they have already begun and they want to continue it at pace. The sales pipeline on all 3 revenue streams is nice and solid as we go into this year.
If = is
It if finally available on LSE http://www.lse.co.uk/share-regulatory-news.asp?shareprice=REDS&ArticleCode=7riiule8&ArticleHeadline=Contract_Extension_for_OneSpaceT_with_UBM This is not the first time that LSE have been slow to upload an RNS whereas the Investegate Site has it straight away. I'm starting to wonder if it is only LSE's Premium Members who can see it straight away and others with accounts have a delay before it appears. Once registered on the Investegate site you can set up Alerts for the shares that you are interested in and you then receive emails as soon as an RNS drops. All the recent news here has been encouraging, BUT is has not been reflected in the Share Price. Perhaps the Final Results will finally kick this into life.
Just spotted the mistake in my post on 3/3/17 Oat = Most LOL 8 Posts today, most ever.