Shares in RedstoneConnect (REDS) are currently sliding towards 100p today on the back of a “Directorate Change” announcement. This includes that CEO Mark Braund “has notified of his intention to step down from the company's board of directors”. Hang on, he hasn’t been here long has he?...
A 25th January update from “provider of technology and services for smart buildings and commercial spaces” RedstoneConnect (REDS) included “trading for the year ending 31 January 2018 is expected to be in-line with the board's expectations” and that it “expects to publish a trading update for the year ended 31 January 2018 in late February 2018”. The shares were then above 100p and were still almost 96p before a recent slump to 85p as nothing was heard from the company. Now a “Trading Update” announcement…
Previously updating on provider of technology and services for 'smart' buildings and commercial spaces, RedstoneConnect (REDS) last year I concluded at a now 167.5p (there’s been a 1:100 share consolidation) that the valuation looked high for the just reported numbers, but will not be on the suggested growth potential being delivered and the stock was on the watchlist. With the company’s year ending this month, we now have a Business Update…
In this video from the storming success that was the 2017 UK Investor Show, Mark Braund, CEO of Redstone Connect (REDS) is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
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…
Having previously concluded that shares in ‘smart’ buildings and workspaces-focused RedstoneConnect (REDS) remained on the watchlist at 1.60p, I now note a “Business Update” announcement from the company…
Having previously considered the valuation of RedstoneConnect (REDS, formerly Coms) looked rich, but the company’s growth potential exciting, I note results from the company for its half year ended 31st July 2016…
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...
