Member Info for 4PetesSake

The initial mark up at opening and then the steady strength yesterday led me to believe that this had definitely bottomed on Thursday at £5.51 so I finally ditched some banking shares that were both up over 40% in just over 3 months to join the Party here. I'd be more than happy to see a similar return in say the next 6 months.

Just waiting for this to bottom before having a punt. The question is, where is the bottom. Brokers still have a target price of £8+ so even if I don't judge the bottom correctly, in the longer term it should still be a decent investment.

Probably not as the spread has widened downwards. However yesterday it was very hard to determine what were buys and sells, particularly after a string of apparent sells including a 1m and 2 x 500k sent the price upwards. It is appalling how the published prices of trades is so misleadingl.

You could hear a pin drop in here, but would rather hear an RNS drop!!

On Thursday 24th any trades below 1.37 were sells and any trades at 1.40 and above were buys. Hence the end of day trade of 2m was a buy. Someone is building a decent sized stake by the looks of it. It is very odd that the SP has remained static whilst these sizeable purchases of 3 x 2m have taken place this week.

And for the second day in a row!!! Time to pay a bit more attention.

An acquisition and NO PLACING :) Quite the opposite of what the trolls had predicted.

CEO Summary Louise Makin, BTG's CEO, commented: "The business has performed well during the first half, and the outlook for the full year is strong. We have the capabilities and financial strength to take advantage of the increasing opportunities we are seeing to expand our Interventional Medicine business. By accelerating our growth strategy through reinvestment of our cash flows to maximise the value of and expand the current portfolio, we can build leadership positions in selected areas of interventional medicine and thereby create sustainable value for shareholders." Outlook BTG has performed well in the first half, with double-digit revenue growth, strong free cash flow and disciplined cost control. Through the acquisition of Galil Medical we have strengthened our portfolio, capabilities and leadership in Interventional Medicine, which is our fastest growing and highest revenue business. We have the resources and capabilities to capitalise on the expanding opportunities we see in Interventional Medicine, by reinvesting our strong cash flows into further commercial expansion, pipeline development and acquisitions. In this way we will deliver double-digit compound annual revenue growth, cement our leadership in our chosen Interventional Medicine markets and create significant value for shareholders. In view of the above, it was perhaps surprising to see the SP down over 5% today.

See the below link from 11th October, which I don't think has been shared before. http://www.fiscalstandard.com/2016/10/11/redstoneconnect-plc-ord-shs-0-1p-lonreds-receives-buy-rating-from-cantor-fitzgerald-analysts/ After a previous suggested target price of 13p when Charles Stanley were the Brokers in 2014 we will no doubt be cautious about C.F's target price. However it is now a very different company, with a very different CEO and C.F. are no Charles Stanley.

Greybadger Just noticed that the post which prompted my one along with someone elses reply to it have been deleted, hence my post now looks out of place.

Greybadger I've always thought that your posts have been fair and well balanced and can assure you that you were not in my thoughts early last Friday morning. There are a couple of other posters who for about 2 years regularly deramp whenever the SP falls. By the way, a good summary in you last post.

CB. CORRECTION!!! I did not write "Time to buy" I wrote "Time to buy?" There is a very big difference if you ignore punctuation. I am not ramping or saying it will rise but simply asking the question whether it is the time to buy.? Read my last sentence again. "It will be interesting to see what happens this time" (NOT that the SP might take off). That is about as neutral as you can and is certainly not a ramp. You'll not hear announce if I have made further top ups, because even this is now construed to be ramping.

When certain posters turn up on this BB spouting nonsense, is usually indicates a bounce is just around the corner. It will be interesting to see what happens this time.

Global smart city market is expected to reach USD 1.45 trillion by 2020, growing at a CAGR of almost 20%. http://www.businesswire.com/news/home/20161007005274/en/Smart-City-Market-Grow-Tremendously-CAGR-Close

Off Topic but I'm sure you will be interested to know that Jamesk3 one of our regulars on here has completed the 7-day 170 mile G2G Ultra run through the Grand Canyon for the Charity "Walking with the Wounded". Read all about it at www.facebook.com/daveandjamesg2g

We've seen all this before.

Aviva have reduced their Holding by 1.7m, maybe they can see the writing on the wall.

LSE's sell/buy figure for the Thursday show as 347,487sold & 631,021 bought from 16 trades. These figures clearly do not includes the 1.638m buy, which was the 17th trade. Last chance for the BoD to buy today before the closed period, therefore we may well see some more large buys.

There are also some other excellent speakers such as Mark Slater, Co-Founder of Slater Investments and a specialist Fund Manager. His company is the top performer out of 259 funds in the IA UK all companies sector. So its not all bad :)

This is the most recent article on Share Prophets by Steve Moore dated 18th August. RedstoneConnect (REDS, formerly Coms) has announced an early lease exit, emphasising “not only does it remove the cash drain associated with this lease, it also allows us to focus entirely on our profitable RedstoneConnect business, unencumbered by legacy issues". The following updates, with the shares currently more than 8% higher, at 1.675p, in response. With the lease - over 20,761 square feet of surplus office space in Stokenchurch, Buckinghamshire - not due to expire until September 2018 and, having already provided in its last accounts for 75% of the space through to the lease completion, the company notes this “a positive development... with the disposal of the company's Telephony Services division in May 2015, the disposal of the Media division in December 2015 and the exit of the Brentwood office lease in September 2015, the exit of the Stokenchurch office lease now completes the operational restructuring”. It emphasises that this thus now “enables RedstoneConnect to focus entirely on its core strategy of providing technology and services for smart buildings and commercial spaces”. This follows me having previously reviewed after results in May and, following their appointments last year, chatting to CEO Mark Braund and CFO Spencer Dredge. This saw me note that the relatively new management looked to have already achieved much and that though the valuation currently appeared rich, the growth potential looked exciting. As such, I said I’d continue to monitor here and now look forward to further performance detail in results for the company’s half year ended 31st July 2016. I’ll review again then, with this certainly currently remaining on the watchlist.