The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
3rd attempt: Mark Braund talks to Directors Talk about final results for the year ended 31st Jan 2018 and the announced the sale of its Systems Integration & Managed Services business. Mark goes through the key financial highlights, the key operational points, the rationale behind the sale and what they plan to do with the funds. https://www. directors talk interviews .com/interview-redstoneconnect-plc-positive-results-21-6m-disposal/412751974 Paste the above link in your browser and close up the spaces.
I'll try again: Mark Braund talks to Directors Talk about final results for the year ended 31st Jan 2018 and the announced the sale of its Systems Integration & Managed Services business. Mark goes through the key financial highlights, the key operational points, the rationale behind the sale and what they plan to do with the funds. https://www. directors talk interviews .com/interview-redstoneconnect-plc-positive-results-21-6m-disposal/412751974 Paste the above and close up the spaces. Paste the above link in your browser and replace (dot) with a .
Mark Braund talks to Directors Talk about final results for the year ended 31st Jan 2018 and the announced the sale of its Systems Integration & Managed Services business. Mark goes through the key financial highlights, the key operational points, the rationale behind the sale and what they plan to do with the funds. https://www (dot) ***************************/interview-redstoneconnect-plc-positive-results-21-6m-disposal/412751974 Paste the above link in your browser and replace (dot) with a .
Di4mond Thanks for that, and more costly test to come. Ouch.
Bottom line = �74,600 profit from the drill. Not surprising that after the early morning rise that the SP is now back where it started.
Posted by Danniboy at 17.53 on Saturday 26/5/2018: "I think the problem is that the price is already now built in from the previous news so hopefully there is not anyone out there waiting to sell on what will likely be a higher volume trading day." He could not have got it more wrong with REDS being top of the Share Risers on the first trading day after his post.. Perhaps he will apologise or go into hibernation.
Looks now that the Board were very wise to reject the wholly inadequate possible offer from AP Systems Holdings last autumn.
Grey Badger I hope you don't mind me correcting an inaccuracy in your post. MB joined Redstone Connect as CEO in January 2016, therefore he has not been at the helm for 5 years, rather 2 years and 4 months. Even FB our Chairman has only been there for 3 years and 10 months.
https://www.ft.com/content/7b3c789a-5e0b-11e8-9334-2218e7146b04
Yes I completed the number of years required to get the Max Pension on retirement in 2015. I then took a very similar role but am now on the railway side of things. Over at our other share, hoping that the results later this month will give it a kick start.
Toastal, In answer to your question. The last RNS said the following: The Company expects to announce its final results for the year ended 31 January 2018 by the end of May 2018. The Company expects to report revenues of over �47 million, adjusted EBITDA* of approximately �3.2 million, and adjusted profit before tax** of approximately �2.4 million in line with market expectations. So at most, 7 working days to go.
Toastal, In answer to your question. The last RNS said the following: The Company expects to announce its final results for the year ended 31 January 2018 by the end of May 2018. The Company expects to report revenues of over �47 million, adjusted EBITDA* of approximately �3.2 million, and adjusted profit before tax** of approximately �2.4 million in line with market expectations.
It would have been better if the share options were conditional on the SP reaching specified amounts, with them being able to exercise a particular percentage of their options at different prices with perhaps them being able to exercise all of their options if say the price reached 20p by say the end of 2020. As it is they can exercise all their options even if the performance is mediocre. I'm seriously thinking of ditching these.
Doctor S I was also in Shawbrook and Aldermore (other challenger banks) when the first bids were made. After the initial big rise there was also a small fall due to some people wanting to take profits immediately rather than wait a few months before the bid is finalised. If people sell then the price will fall. At the current price I'll probably top-up on the basis that if the final bid is 400p per share, that's going to be an easy 20% made in a few months.
It was only back on 21st April that I suggested that this might be subject to a bid in the next year. I never imagined that it would occur so soon. Like others, I expect that there will be a bidding war that will push the price over 400p.
It's been a long time since anyone bought �20k worth. It would be interesting to know their rationale for doing so today. And before some wag say the heat got to their brain. No, I don't think this is the reason!
TVRBenjy Just had a read of what's occurred over at FLOW, which is awful. Hopefully this share will eventually reward out patience.
It's worth reminding ourselves of the details of the Director's Share Options in the link below: http://www.lse.co.uk/share-regulatory-news.asp?shareprice=COMS&ArticleCode=y1wgtvcs&ArticleHeadline=DirectorPDMR_Shareholding Depending on the Share Price at the end of this year they can buy a certain percentage of the allocated shares EG. 15% of their allocation if the SP is �1.50 (1.5p pre-consolidation) The exercise price for the share options is 92p per share (0.92 old money). At the current SP they would be unable to exercise ANY of their share options. Therefore they would be better of buying the shares now on the open market, but I believe they cannot do so due to the publication of the Final Results later this month. However if the SP is still in the 80's after the Results are out and the board have confidence in the future, then we surely should be seeing some Director Buys.
Well it didn't quite make 285p but did drop to 289.10 in the morning. The steady recovery since that point again suggests that this is different to previous short lived jumps followed by falls to 260p.
Well it didn't quite make 285p but did drop to 289.10 in the morning. The steady recovery since that point again suggests that this is different to previous short lived jumps followed by falls to 260p.