Member Info for 4PetesSake

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Now that LSE have an ECHO page updated with all the SP information and this page is no longer updated, I guess posting on here will dwindle out and the ECHO page will take over.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.

As I said on the 3rd March, I didn't think it would be the last bid and this latest 330p bid will also not be the last bid. They are trying to get the company on the cheap because it is growing and making very good profits. The fact that the SP has already gone beyond the bid price to almost 340p suggests that many are buying in here expecting a substantialy higher bid. I think a bid in the region of 375p - 390p may get a recommendation from the Bod and acceptance from over 75% of shareholders. And once SHAW has been snapped up it won't be long before the other challenger bank Aldermore goes the same way.

Kenny Don't know if anyone here is going to the UKIS, but it would be good to obtain a transcript of MB's speech.

More Dilution for services rendered to the company What services, "Escort Services?" Suggests the cash position is not good if bills of less than £8k have to be settled by issuing shares.

Hi Rudolph Fully agree with your thoughs on this share which seems to be in terminal decline.

TW gave this a major Red Flag in his Bearcast on Friday 24th and is confident that a discounted placiing is on the way. He has been right a lot recently, therefore it may be prudent to sell and re-evaluate whether you want to reenter the fray after the placing when the SP will be significantly lower. I came very close to buying in here back when the SP was just under 200p, Looking at the SP now, I am greatly relieved that my research at that time led me to decide against it.

That MB got out of the Telco/Broadband market when they did. Most here will know of TOOP and how that came into being and going by today's RNS they are really beginning to struggle.

Such a grim RNS, the Telco/Broadband market is so cut-throat with so many competitors. I really don't see much future for this company. I guess that many will see this as an ideal short.

What is the significance of the 24th and are we referring to 24th March or 24th April? I thought the next significant date was the 25th Apri when the result are published.

No much, either good or bad has been written on REDS recently. However I have found this article by Steve Moore on the SP Site dated 7/3/2017. Most recently writing on RedstoneConnect (REDS), I concluded that there looked to be continuing encouraging trading momentum and, at 1.425p, the shares were for watchlists. They were little changed on the noted share price level – before a “Trading Statement” announcement this morning… This emphasises year to 31st January 2017 trading “materially ahead of market expectations” - with an anticipated pre-tax profit of around £1.5 million on revenue of circa £41.5 million. This is noted to see year-end cash of £3.2 million. The cash compares to £2.9 million noted at the half-year stage, though that was £1.3 million net – and I’ll thus particularly look at the 25th April-scheduled results in terms of cash flow, with the company also having in November announced a £2.4 million (£2.25 million in cash) acquisition. Other stated highlights include “good margin improvement across the business” and “strong order book underpinning medium term growth expectations”. The latter would normally concern somewhat on the short-term, but it is also stated “our sales pipeline appears strong and, combined with our solid recurring revenue stream, provides support and confidence in the outlook for the company”. There is longer-term confidence “as innovation in smart buildings gathers pace” - and broker forecasts for around a doubling of underlying profit in the now current year. The shares have responded to a current 1.675p, which presently capitalises the company at circa £27.5 million. The valuation looks high for the just reported numbers, but will not be on the suggested growth potential being delivered. Following today’s announcement, there is a good argument for a small, speculative buy at this juncture but, ahead of further comfort – perhaps with the results announcement detail, I currently retain this stock on the watchlist.