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Anyone in REDT? >>> It's now ready for take off ! (formerly ARC) (REDT)     

skyhigh - 02 Apr 2007 09:40

Well, that's a good start isn't it? SP down a tad !

But I still think this'll come good.. I'm hoping for confirmation of product launch, good trading statement and good results ! not hoping for much am I ?

skyhigh - 02 Nov 2009 18:25 - 31 of 51

All quiet...at the moment!.... interims could be released any time in the few days...last year it was 4th Nov!..hopefully we'll see good numbers/trading update and some new deals/contracts thrown in for good measure ! (imho)

skyhigh - 13 Nov 2009 14:53 - 32 of 51

More good news!

red24 (Redt 6.25p, 2.8m) red24 has signed agreements with two major insurance underwriters in the US to provide special risk consulting services. The contracts are expected to add a minimum of $700,000 of additional revenue over the next calendar year. While we would roughly calculate that this would equate to EPS of around 0.12-13p it is likely that at least some of this growth is already accounted for by the 1p EPS forecast this year to March 2010 (the company recorded 0.39p for the first half to 30th September) and the EPS of 1.27p for March 2011 into which the majority of first year of earnings from the contract will fall. Even so this looks like excellent news for Red 24 which is hardly expensive on the basis of existing forecasts. Thus even if this contract only goes to shore up the March 2011 outlook, the company looks great value at just over 6x March 2010 and under 5x 2011 earnings. BUY.

skyhigh - 19 Jan 2010 08:11 - 33 of 51

More good news!

Also, the maiden div was paid into my account yesterday...can't be bad...onwards and upwards! ......

red24 plc ("red24" or "the Group")

Contract for Special Risk Consultancy

red24 is pleased to announce that it has signed an agreement with another North American based assurance company to provide kidnap and ransom consulting services. The contract is for an initial period of three years to provide advice worldwide and, where necessary, the appropriate response services.

Simon Richards, Chairman, commented:

"Towards the end of last year we identified special risk services as a potential area of growth which complements our core operations and which has significant cross selling opportunities with our existing business. We therefore invested in a highly skilled team which is based in the USA and can leverage our outstanding Crisis Response Management Centre in Cape Town. The initial response has been very encouraging and this latest agreement is the third special risk contract that we have achieved in a short space of time. This is further evidence of the progress being made by the business as a whole and underpins our confidence in the future."




skyhigh - 16 Feb 2010 08:03 - 34 of 51

More good news...:-)

Red24 PLC
16 February 2010

red24 plc ("red24" or "the Group")

Renewal of HSBC Contract

red24 is pleased to announce that it has reached agreement with HSBC to renew its contract for a further three year period, effective immediately. HSBC provides red24 services as part of its HSBC Premier, HSBC Advance and HSBC Passport services and has also recently added red24 to the First directory account within first direct.

Simon Richards, Chairman, commented:

"We are delighted with the continued success of our relationship with HSBC and remain committed to adding value to its customers. This means that we have now secured our two main distribution partners for the foreseeable future, which provides an excellent platform for continued growth."



skyhigh - 04 Mar 2010 10:00 - 35 of 51

Good news this...shows good confidence and the reason for the recent slight dip ? SP should resume it's gradual path up to higher levels...looking forward to a good trading update end of March/begin April to set up nice results end of May/Beg June (all imho)

RNS Number : 0786I
Red24 PLC
04 March 2010

red24 plc ("red24" or "the Group")

Grant of options and employee share loan scheme

red24 plc is pleased to announce that it has granted options over 500,000 ordinary shares of 1p each to Mr Maldwyn Worsley-Tonks, chief executive, at an exercise price of 8p per share. The options have been granted in recognition of his success in developing the Group's special risk business in North America.



These options may not be exercised before 31st March 2013 and will lapse if not exercised before 31st March 2016.



As a result of this grant, the total number of shares over which Mr Worsley-Tonks holds options is 675,000.



red24 is also pleased to announce that, under its employee share loan scheme, seventeen employees have in aggregate, subscribed for 450,000 new ordinary shares of 1p each in the Company. Under the terms of the scheme, these have been issued at a price of 7.8p per share.



Application has been made to the London Stock Exchange for admission of the 450,000 new ordinary shares to be admitted to trading on AIM. Admission is expected to occur on 10 March 2010.



For the purposes of the Disclosure and Transparency Rules, red24's total issued share capital following the issue of these shares consists of 44,891,083 ordinary shares of 1 penny each.



The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, red24, under the Disclosure and Transparency Rules.



Simon Richards, Chairman, commented: "We are delighted with how the business is developing under Mal's stewardship and the options granted to him recognise his contribution to the Group's success. It is also very pleasing to see such a strong take up from employees under the share loan scheme which I believe demonstrates the confidence our staff have in the future success of the Group."

skyhigh - 11 Mar 2010 18:14 - 36 of 51

Rec'd this from UK-Analyst just a few mins ago... we're getting a bit of recognition now....looking good!

Buy red24 at 7.75p

Says exclusive small cap specialist website UKMicrocap.com

In a recent ShareCrazy.com (sign up for free here) review of HSBC Chairman Stephen Green's book Good Value, it was noted how he explained globalisation has now passed the point of no return - the internet, in particular, seen as "spinning the threads of culture and commerce into the furthest corners of the world". red24 is a play on this phenomenon as the company provides global security services to corporates and partners and with continuing security uncertainty across the world as well as attractive P&L, balance sheet and cash flow profiles and a lowly rating, its shares, at 7.75p, are a "buy".

Company Description:
Founded in 2000, red24 is a security risk management and training provider. It operates from offices in England and South Africa, as well as having a presence in the United States and other areas of the world, and through two divisions;

red24 security - provides a range of preventative (e.g. intelligence and advice) and reactive (e.g. 24-hour emergency response service) solutions to help individuals and businesses avoid and manage security risks to themselves and their staff.

Training - accredited training courses for security managers.

Financials & Trading:
The company's most recent results were for the six months ended 30th September 2009. Released on 5th November, these showed a 16.7% increase in pre-tax profit to GBP231,000 on revenue just over 16% higher at GBP1.87 million. Earnings per share increased from 0.39p to 0.43p and a maiden 0.15p dividend was also declared - which the company emphasised it aims to make "a regular part of shareholder returns".

Before changes in receivables and payables (-GBP286,000) and debt repayment (-GBP130,000), the company generated GBP264,000 - with its cash flow facilitating GBP125,000 of the GBP130,000 of debt repayment to be the early repayment of loan notes. At period end the balance sheet showed net cash of GBP309,000, net current assets of GBP278,000 and net tangible assets of GBP414,000.

The red24 security business increased operating profit (before unallocated head office costs) by 12.7% to GBP426,000 on revenue almost 30% higher at GBP1.5 million. Whilst still robust, the profit growth was held back by two thirds of the additional revenue being at lower margin than budgeted and by the impact of the strength of the rand which has increased the costs of the company's Crisis Risk Management Centre in Cape Town. However, the company noted the growth in the revenue stream for this segment "augurs well for the medium term prospects for the business".

The training business saw more difficult trading conditions, though it remained profitable to the tune of GBP44,000 (against GBP51,000) as revenue fell by just over 19% to GBP368,000. However, it noted "overseas work continues to grow and prospects for the second half appear encouraging so that the year as a whole should turn out to be more profitable than last year".

Management:
Chairman Simon Richards is a Chartered Accountant with more than twenty years of experience in corporate management.

Managing Director Maldwyn Worsley-Tonks is a former Lieutenant Colonel in the British Army, with over ten years of experience in the security industry. He is a specialist in corporate contingency planning and disaster recovery.

Non-Executive Director John Mocatta, also a Chartered Accountant, has vast corporate finance and directorship experience.

Bull Points:
- Increasing globalisation and security uncertainty

- Cash generative with positive balance sheet

- Post-results contract wins

- Total dividend yield of 4.1% should the 0.15p interim payout be repeated at full-year

Bear Points:
- High dependence on one or two key accounts, though the customer base is being broadened

- High dependence on key personnel

- Continuing strength of the South African Rand and mention of some margin pressures

*The value of investments can go down as well as up. Past performance is no guarantee of future success. Investing in equities can lose you part or all of your capital. The tips given here are of necessity, general. They cannot relate to the individual circumstances of investors. Anyone considering following the recommendations contained here should seek independent advice. Smaller company shares usually suffer a wider bid offer spread the blue chips and can be illiquid and hard to sell and must therefore be deemed higher risk investments.

Recommendation:
The interim results put red24 on course to at least meet current year forecasts and news just over a week after those results of deals with two major insurance underwriters in the United States which are anticipated to "add a minimum of $700,000 of additional revenue over the next calendar year" suggest the forecasts should prove quite conservative. However, even on these numbers the current 7.75p share price represents an earnings multiple of 7.8 falling to 6. Considering this is a cash generative company which already has net cash and is expected to grow earnings by 30% in a year just 3 months away, this rating looks far too low.

Given the stated factors, even an earnings multiple of 10 seems unsatisfactory - though would suggest a pretty short-term target price of 13p. With this before mentioning that even if the 0.15p interim dividend is only repeated at the full-year stage, the overall dividend yield would be 4.1% (and with the spread on the share price not appearing too severe), red24 is a "buy".

Key Data

EPIC: REDT
Market: AIM
Spread: 7.5p - 8p (6.25%)

skyhigh - 02 Apr 2010 20:20 - 37 of 51

From RNS a couple of days ago....

Good to see borrowing down to virtually nil now. 500k paid off over the last 24 months or less with a consequesnt decrease in financing cost ---> higher profit.

'Trading continues to be in line with market expectations and will benefit from the strengthening of the balance sheet.'

..looking fwd to the results end May/beg June...ought to be good with div confirmation etc...expect to see further gradual rise in the sp in the run up..imho

skyhigh - 16 Sep 2010 22:31 - 38 of 51

It's looking good...should see a very positive trading update end Sept/beg Oct and break the 10p level!.(imho)

skyhigh - 14 Oct 2010 20:54 - 39 of 51

No update yet so now expect an anouncement in a few weeks of when they plan to release the interims.
They will probably say that the results will be in line with expectations or a little ahead.
I'm still in for a while longer on this one.. now expect to see 12p late spring (imho & dyor, etc)..surprised that this hasn't moved up abit already!

skyhigh - 05 Nov 2010 07:49 - 40 of 51

Results are out.... not brilliant hence the pull back in the sp over the last week or two..... but nice increase in the div.

After an initial spike I expect the sp to continue to drift down to 6p-ish level over winter b4 perking up in the spring (unless we get good news of contract/deals)
Hope I'm wrong and the sp doubles...but can't see it happening...will continue to hold.. (imho & dyor.



HALF YEARLY REPORT FOR THE SIX MONTHS TO 30 SEPTEMBER 2010

Red24 plc ("red 24" or the "Group") is pleased to announce its unaudited results
for the half year to 30 September 2010.

Highlights

� Revenue increased by 33% to GBP2.48 million (H1 2009: GBP1.87 million).

� Profit before tax of GBP302k (H1 2009: GBP231k).

� EPS of 0.57p (H1 2009: 0.43p).

� Growth in customer base leads to 35% increase (2009: 30%) in red24
segment revenues.

� Dividend increased by 60% to 0.24p (2009: 0.15p).


Simon Richards, Chairman, commented:

We are pleased with the continued growth in the business in the first half year.
Both business segments show significant sales growth and this bodes well for the
medium term prospects for the business. The balance sheet has continued to get
stronger and we are delighted to declare a 60% increase in the dividend which
remains well covered by earnings.

skyhigh - 12 Dec 2010 09:21 - 41 of 51

RED 24 HAVE HUGE POTENTIAL

Red24 set to make $0.7m next year from two new risk consulting contracts in US
Friday, November 13, 2009 Shares in Red24 (AIM: REDT) were in demand this morning after the security company announced contract wins with two major insurance underwriters in the US to provide special risk consulting services.

The first agreement is for an initial period of three years in the field of product contamination, while the second deal is for the special risk services, representing a first sales success for the additional staff hired in autumn. The contracts are expected to add US$0.7 million of additional revenues over the next calendar year.

In the company's half yearly statement we announced that the company had taken on additional staff to offer a fuller range of special risk advice and I am delighted that this has led to such immediate success. These contracts are further evidence of the solid progress being made by the business and underpin our confidence in the future, said chairman Simon Richards.

Red24 released its interim results earlier this month, reporting a revenue increase of 16% to 1.87 million and a pre-tax profit of 231,000 compared to last years 198,000. Growth in the customer base led to a 30% increase in its segment revenues. The company also managed to renew its contract with AIG Travel Assist Inc for security assistance services for another five years, which it said supported its strategy of expanding business in the Americas and Asia.

Shares in the company rose 8% on the news this morning.




...I'll hang onto this for a while longer.... there's a good chance we'll get back to 18p where I got in 5yrs+ ago when it was ARC Risk Mgmt!

It must double from here?

onwards and upwards!

skyhigh - 30 Dec 2010 10:27 - 42 of 51

I'm hanging onto this for a while longer.... there's a good chance we'll get back to 18p where I got in 5yrs+ ago when it was ARC Risk Mgmt!

It must double from here (imho)

onwards and upwards!

skyhigh - 20 Feb 2011 12:21 - 43 of 51

next trading update should be begining April, after 31st March yr end.

Results are usually mid-end June. should be a set of good solid results (imho)

dreamcatcher - 26 Dec 2014 22:16 - 44 of 51

One of Shares 15 stocks for 2015. Sell off looks over done .


Chart.aspx?Provider=EODIntra&Code=REDT&S

Energeticbacker - 11 Feb 2015 10:24 - 45 of 51

Red24 (AIM:REDT) has announced a positive trading update with the result that financial performance for the year to 31 March 2015 will be ahead of current Board expectations - See more at: http://www.investorschampion.com/blog/

Energeticbacker - 27 Apr 2015 11:40 - 46 of 51

red24 which disappointed a few months ago on news of a significant client loss has announced a highly positive trading update.

Read more at http://tinyurl.com/men5gux

Energeticbacker - 01 Jun 2015 12:21 - 47 of 51

red24 announced the acquisition in the area of corporate investigations, business intelligence and bribery act compliance.

New research note at http://tinyurl.com/puopnr4

js8106455 - 08 Jun 2015 09:34 - 48 of 51

red24 - Final results

clich here

mentor - 08 Jun 2015 09:53 - 49 of 51

20.50p +1.875p
Very good results, paying a high dividend, most likely due to cash in hand, modestly price on a low tax charge...........


Final Results
red24 plc, the crisis assistance company, is pleased to announce its audited final results for the year ended 31 March 2015.

Financial Highlights:
· Revenue from continuing operations increased by 1% to £5,947,246 (2014: £5,886,707)
· Profit before tax up 25% to £1,066,398 (2014: £854,905)
· Cash balances up 48% to £3,417,956 (2014: £2,302,577)
· Dividend payment for the year increased by 11% to 0.50p per share (2014: 0.45p). Final dividend of 0.27p per share recommended (2014: 0.23p).
· Basic EPS from continuing operations up 38% to 1.83p (2014: 1.33p)

Energeticbacker - 26 Aug 2015 15:32 - 50 of 51

With the Dow Jones index fall we sense the next few weeks could bring some interesting buying opportunities from among the micro-cap community, not to mention the biggest stock of them all.

red24 is one of them. Read more at http://tinyurl.com/qhmoy8f
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