Member Info for OldFool13

Scott said that a good driver within Centrica was the LEM project. Initiated in Dec 2016, but launched in June 2017, follow this link or search LEM on the Centrica site for yourselves. https://www.centrica.com/news/centrica-build-pioneering-local-energy-market-cornwall-0

Did you know our machines cool themselves when loading? So daytime heat is not a problem, and air con is only needed when discharging and in Scott's own words Air con is dirt cheap over there.

It does seem that a few canny buyers have jumped in as it has bounced. I feel they have successfully got a bargain price out of todays trading and perhaps the last opportunity below 12p

Today redT are presenting to a hoped for 30 prospective clients at Olde House at a similar event that as yesterday, just imagine if they get buyers from this event, not the time to be out IMHO.

These units size are constricted by the Electrolyte and its volume dictated its size. Gen1 at Olde House is over 6 containers, if it was Gen 2 it would have been 1.5, what improvements for Gen 3? Scott mentioned that these units do not have to go through planning in rural locations and that is where their target market is.

At Olde house today for the Investor presentation and what a thoroughly worthwhile day it was. Scott was at pains not to breach NDA with certain client information or disclose information not already in the public domain. This is how I hoped he�d behave with information as I am not a lover of BoD�s ramping their own companies potential. The quality of dedication to supplying correct information really came across well and I feel enthused for the long term prospects far more than immediate newsflow that will push the SP upwards (not that I doubt this is going to also happen this year or early next). There are aspects of the day that pushed the long term prospects to the fore far more with an element I had not expected far more than the importance in sales. The importance of added value of services of YOY as a provider of revenue struck me as a factor I have not seen anyone grasp on these BB�s. (apologies if anyone has its just I do not read all the BB posts) Scot showed a slide that gave the percentage of revenue that is supposed to be in the public domain (but I am in Cornwall for the next 2 days with terrible download speeds so I cannot re-find). The slide showed how a sale may be an important factor but the revenue stream from after sales is where the money is and he quoted Caterpillar as an example of where this works. If a customer wants a service agreement, a warranty, then a 1-2% revenue stream is added, etc. The interesting part was how a larger % could be gained for the client and redT via managing grid power downloads / smoothing grid volitivity for the big utilities. This last element seemed to be the golden egg for future profitability and ongoing revenue. I will revisit this once I can download the graphic. Another plus was the pipeline prospects and it was noteworthy that tomorrow redT are presenting to a hoped for 30 prospective clients at Olde House at a similar event that we had today. Scott was very upbeat about Centrica�s enthusiasm for power storage but would not be drawn on details. Distribution partners was a significant part of future sales. Gen 3 is where sales are to be pushed but final plans have not been finalised but it will be Gen 2 for the rest of 2017 which is not profit making (but remember the points made in the paragraph above). Jabil are the manufacturing future but in the meantime a smaller company are making the units as it is more cost effective / responsive. Jabil will kick in when larger units are required. I have been given huge confidence in the future of redT.

Well that was easy, shame about the handful of sellers, as its no resistance to 14p from here.

I will be commuting from one side of the Padstow estuary to the other. I don't expect to find out too much detail, but it will be great to see / meet redT in person.

Is anyone here attending? Site Visit redT energy plc (AIM:RED), the energy storage technology company, will host a site visit for investors on Wednesday 25 October 2017 at The Olde House site in North Cornwall. The visit will commence at 11am and conclude at 3pm.

I am always curious as to why trades go through Nex rather than LSE 24/10/2017 08:09 25,020 11.99 24/10/2017 08:00 33,418 11.94 24/10/2017 08:00 6,651 11.94 Today through and into the 12,s?

No General, just a bunch of childish morons that get right up my nose. I am writing to LSE to put in a complaint of every aspect of these immature posters whichever BB this behaviour starts and retaliatory comments posted on. I do not know what age these people are but I am tired of their pathetic reasoning.

Purely speculating that today was the bottom of the short term trend. Buys coming in for the day to end up in positive territory. More of the same tomorrow as people scramble to get back in, or will the seller continue? I certainly hope the trend stays positive now mirroring the 2016 SP performance.

A few down days and the morons come out to play

Instead of counting sheep I look at this shares performance! Been holding this for quite a while and despite some chunky trades it goes nowhere, as I say quite boring

Lots of transactions going through on Nex General http://www.nexexchange.com/member?securityid=17738

You called that one wrong lol ..... always happens with folk taking a profit despite the under-lying potential here. Wish I did the same when I had an offer for 15.6 last year, but nope the greedy genes kicked in.

A matched pair ... the continued seller and someone buying �750,000 reported later

Welcome to the crazy world of stock valuations. Google was a company valued far more than its value of its sales. Value is so often based on anticipation of sales not actual, everyone wants to be in on the value ahead of results, not after as there is no share profit at that point. There are several more high profile examples of mcap totally out of whack with revenue received and in small companies making their first sales this is so often the case. Last Christmas was speculation based on no sales, then a few bubbles burst and we all know the SP story after that point. This year sales have been secured and rightfully so no disclosure of details have been made as I would expect of a minnow selling to far larger companies - Redt are on the back foot with non disclosure and it makes complete financial sense to take that stance.

Lovely to see the negative peeps all so quiet now the sales are rolling in. I think the run up to this Christmas is going to be mighty interesting for us holders.

Errr what shorts are you referring to?