Member Info for OldFool13

I object to bobf allowing you to reset but its not a biggie . Certainly NOT an insult, get a grip that man, its me that has taken a 15% hit today. Come on !!!

A bit of what Pine mentioned a couple posts ago, FTSE down 2.8% sending risk wary PI's running, nerves about the German deal and endless mind-numbing negativity

So lets issue an RNS giving the new boys freebies ..... great timing for the beloved PI's KK!

There was no insult, do not be so sensitive

S7eve083 surely we know that NDA prevents SEE from releasing information in the manner of Veoneer. The research here coupled the recent KK interview and the anticpation of 2019 releases has steadied me down now, so time to wait. I have agreed with your comments in the past but at 4.4p it seems pointless to be moaning.

I have too much money invested in this to not watch the SP, but drowning the thread in negativity is dull. Post some negative stuff with links if you like, there is always a need to see the other side.

Its not over yet bobf the German deal will ensure the SP is below bongabob (predictions should be the full year and not "reset") if the deal does not meet its deadline and closer to Pinecone+ if it does. 2019 also almost totally hinges on this deal.

The Anglain water Gen 3 delivery news is somewhat overshadowed.

Put up with deramping for years Mikenmine, gets me a little annoyed when it is baseless scare-mongering but these people cannot do much more harm to the SP as its all about the German / Jabil arrangements for this last month. An negative outcome will dpush the SP down (although some of this is already built in) and a positive outcome will be back in double figures at the very least.

It amazes me when faramog insists that Bushveld will not rent out Vanadium when their own CEO has published that very plan and any comercial company will pursue all angles of revenue generation. In the short term Bushveld will certainly rent, try and compete with VFRB construction, longer term the ability to undercut the market should pay off very nicely for them.

Took my own advice and emailed Red, they gave a fast response to say that Olde House is connected to the grid and does use STOR. I am out mobile atm so I cannot give a longer reply

You need to email RedT IF you are a holder as you are not understanding the graphic. The Grey is when the units are charging from the Grid.

As I said below, I never realised that the units were "Operated remotely by redT energy assets team", like you I thought Centrica were doing this element. It is very good that RedT are controlling this aspect.

Bolgas, I think you are misunderstanding the graphic on the presentation, because that is exactly what the graphic demonstrates, Grey for off-peak loading of the units, Orange for PVR loading and the discharge is in Red until midnight. Please look at the graphic again, and if still in doubt drop Red an email as they will clarify better than me.

Thanks for posting shininglight. Bobf those units at Olde House are Generation 1. Scott stated that if they were Gen 2 units it would have been 1.5 units and Gen 3 are to be smaller again, so the footprint is shrinking.

Never realised that the units were "Operated remotely by redT energy assets team". I was under the impression centrica would handle this part and it always baffled me how Red would make money out of Timeshifting. So if they are operating the load flow and making money from downloading from the grid to offload back to the grid at more profitable times then load during peak PVR charge it all makes sense.

At the presentation at Olde House Scott was at pains to say how much revenue these services will make going forward and how trading energy supply was great for the Grid, the client (using the units to max effect) and for RedT long term profits.

Anyone in doubt please just email RedT a couple questions, they are legally obliged to answer correctly.

https://redtenergy.com/contact/

Rinse and repeat from earlier today!

Not really a threat, but yes a competitor. An interesting point is that if you focus on the German deal alone it would propel RedT into profit. That contract represents 1% of the potential in Germany alone, and o.o?% of the opportunity in the world prospects. Massive potential market and room for several sucessful companies. I also feel it would be healthy for competition and our Climate needs these Batteries to suceed.

The important element to me is the services revenue. Cashflow will increase on this year on year and every year that goes by RedT will move closer to being profitable and IF the German deal lands then everything cjhanges completely.

Anglian Water news next with the first Gen 3 then hopefully news on the German deal.

So back to your point, evidence of why I believe these derampers are incorrect. I refer back to the slides issued by the company and available on their website.

If the company have landed 197 units sold (from RedT sales slide) using a 10% margin on sales (we do not know what this margin is) This will amount to around EUR780,000 profit. The revenue on services sold on those units will be between 4% and 7% repeated revenue so between EUR315,000 and EUR551,000. Not enough to be profitable yet, but that was before this years sales have been secured. The services revenue on just the first phase of the German deal of 4%, then the EUR37m will result in EUR1.5m revenue annually, just on this one order. This makes perfect business sense to me as a stand-alone sum worth chasing, especially if you then add on phase 2.

You see how little revenue Red have to make on the actual sales.

The company will make margin on Gen 3 sales, obviously on the German deal these will be scaled back. IF the german deal is secured! Scott has specifically mentioned Mega Deals (plural) but in the absence of news I suspect these may have fallen through. IF the german deal falls through another fundraise will be needed next year, and so it continues.

I agree to a point. I really do not understand ex-holders returning to talk the share down. Sadly I have been in this company so long I have seen so many persistant lines of deramping and each of these characters have been proven wrong. Nowadays these people just irritate me (which probably shows) when they come on here talking the share down. I keep asking why they come back to be negative, I never get an answer. I have owned a long list of sucessful and failed companies, and when sold I never return unless there is a re-investment case.

Move on why do you people come back here bitching? Seriously, what the fuck is wrong with you?

FYI Red represent at most 15% of my portfolio so they can go bust and personally I won't take a big hit. That is not going to happen though and if you were bright enough to run through the accounts you'd know this, you'd also know that even if the German deal does not go ahead the company will still be here.

Resort to bitching rather than make any intelligent to the last couple times you have been shot down Jodrell. You really are a waste of pathetic time.

Hard pressed PI's needed this video as all the frustrations for us and the company are very apparent. Still get the feeling KK does not understand the frustrations from PI's as it was their Fleet fuck up that is central to the SP malaise.

I too now feel far more relaxed this morning that many of the previous months. It still leaves the finance question hanging unanswered.

Arsenal never quite seem to sign the right player do they! Lithium-ion and a fire risk instead of buying a new Vanadium midfield genius.