Member Info for 4PetesSake

Now that's more like it. A nice tight spread: 135p/137p

High profile contact wins such as this where we are also able to name the Client will add further to the Company's credibility and will surely assist in winning further new contracts in the future. No doubt as the installation is being completed members of the sales team will also be looking at cross selling some of our other products, which will add further unique benefits for those attending the stadium.

Sue Thanks for you reply, at least I know is not an issue with my PC. I also regularly check BTG a FTSE 250 stock and it is also updating normally.

Is anyone else having an issue with the REDS Share Price not updating on Google Finance. I've had the current SP showing as 121p for a few days now.

A contract and a foot in the door at TH Real Estate is yet another example of the the type of clients who we are now working with and surely bodes well for the future. Checkout TH at https://www.threalestate.com/

We chatted with MB about that after the AGM and off course the SP must reach over 500p and remain at this level for 3 months before the end of 2018 in order for them to receive the maximum amount of their share options. I won't bother mentioning the mention the SP required for us to have our curry night. Can't understand why someone chose to sell one share for 131p at 1.32pm. Rather pointless when you take into consideration dealing charges.

Toshack You did very well warning people back then and because of what happened previously LTH's are now much more cautious in their comments. It is a shame that you did not come to the AGM as clearly you have some questions that you would have liked answers too. Maybe next year?

Let's not forget that big institutions bought in here in the recent placing at the equivalent of 150p, Sure it would have done a lot more for the SP if they had built up to their £433m+ on the open market but they were more then happy to get them all at 150p knowing full full well that a consolidation would follow. The current SP does provide PI's with a unique opportunity to get in lower that the II's. However it's clear that someone is currently selling chunks of around £10k on a regular basis so it may we worth holding off until this seller has cleared. At the AGM FB made it clear that after the DB debacle, the easy option (rather than risk a punch on the nose and lots of strife) would have been to walk away but he and the others felt for the longsuffering PI's and believing that the company could be turned around into a success, stuck with it. The journey is still continuing and after what I heard at the AGM I believe that in time our patience will be rewarded.

It was great to meet up with JamesK3 and TeleCom at the AGM, the first hour of which was taken up with answering shareholders’ questions, after which all the resolutions were passed. We then had the opportunity to chat 1-2-1 with the directors. The answers to some of the questions are as follows: The recent placing raised far more than was actually required for the acquisition and integration of A&K, but it was worth doing this whilst the institutions concerned were keen and interested in investing in RedstoneConnect (RC) it made sense to get them on board. However it leaves (RC) with a very healthy cash balance. RC are still acquisitive and now have money available to fund more acquisitions. However further acquisitions must meet about 5 stringent tests (which I didn’t have time to write down). They also have the right structure in place to manage and integrate new acquisitions quickly and economically. MB commented that Connect IB was the best acquisition that he has ever been involved with. RC are now focussing on contracts with higher margins and they have turned down some contracts where the margin was too low. One such company then went elsewhere but when they didn’t get what they were expecting, returned to RC to obtain what only RC could provide but obviously had to pay the right price. I raised the issue of cross selling RC’s products and whether this could also be possible with the Major Technology Company with whom we have the IBC contract. There clearly are real opportunities of cross selling with this customer in the future. It was also mentioned that it is probably the “Worst kept secret in the industry who the contract is with” but RC cannot officially name the company and we wouldn’t want them to, particularly with there being these cross selling opportunities in the future. However suffice to say, that worst kept secret in the industry and the speculation about it on this BB have a huge amount in common. The 5p SP (500p post-consolidation) got mentioned on a few occasions and of course it would need to reach that for a full 3 months before the end of 2018 for the Directors to obtain the maximum amount of their share options. However they are not just looking at 500p but at getting the SP far beyond that. It was mentioned that post consolidation, the RC shares are likely to have less appeal to day traders and this should bring greater stability. The company currently has about 350 staff, who are incentivised through SAYE share schemes. I imagine that all those at the meeting would have left feeling happy with the future prospects for their investment and even of going out and topping up. If I’ve missed anything and I’m sure I have, I’m sure that either James or TeleCom will add their comments. Hopefully next year we’ll have a few more PI’s turn up, it is really worthwhile.

James, looks like it'll just be us from the PI's.

Telecom, I'm also pretty much convinced that REDS have got this contract for reasons I hace outlined previously. The confirmation that you got at the MWC in Barcelona further supports the case.

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.