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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 - 26 Apr 2007 09:28 - 2 of 51

all quiet on the REDT front.... getting closer to results..wonder if shares mag will give positive coverage in the run up... it used to cover these as a "buy" a few yrs ago and give regular updates when news was released....must be even more reason now to push this....(imo)


NB...It's always v quiet with this one..however, that should change over the coming months if the company is making the expected progress!

skyhigh - 22 May 2007 08:12 - 3 of 51

Looks to be another bolt-on for the HSBC contract. Every little helps...

Relocation service from red24

http://www.hsbc.co.uk/1/2/personal/current-accounts/passport;jsessionid=0000TJ22KfvIpBNr0j_dewXKqkK:11j74l29q

The red24 site it refers to:

http://srvb.red24.info/relocate/en/nonmembers/index.php

This is the first I have seen of the multilingual offering. I had thought it was just Japanese they were working on. Looks to be quite a strong product, there are lots of economic migrants /foreign students and these are just the questions they want answers to imo


nice tick-up first thing this morning as well...things are warming up nicely

skyhigh - 22 May 2007 09:24 - 4 of 51

and another tick-up!

deadfred - 23 May 2007 16:54 - 5 of 51

lol

watch the burdy

skyhigh - 14 Jun 2007 10:41 - 6 of 51

Keep an eye on this one.... news due very soon
(by the end of the month,imho)

skyhigh - 25 Jun 2007 07:42 - 7 of 51

Results released this morning..
a little disappointing... Take of delayed for 6months+
Loss greater than forecasted.losing Hiscox impacted more than thought.
Not sure what this will do to current sp...sp likly to drift imo....keeping this on the back burner for another 12 months... need significant new business in the meantime
Be interesting to see what press we get (if any!)

Highlights

Turnover increased 39% to 2.8m (2006: 2.0m)


Loss before tax reduced to 353k (2006: 700k)


Key accounts of HSBC and AIG showing strong growth


Hogg Robinson, Ace Insurance and International Air Passengers Association
client wins


Name changed to red24 plc to reflect the growing importance of the brand

Simon Richards, Chairman, commented:

'I am pleased to announce that the Group has made considerable steps on its way
to profitability with strong turnover growth and losses before tax almost
halved.

'We expect to continue to grow our relationships with existing and new partners
in the financial service and insurance industries and envisage increasing growth
in the worldwide adoption of our products.'


Outlook

red24 is strongly positioned as a leading provider of security risk management
services to meet the growing requirement for greater protection for those
travelling, whether on business or for pleasure. We have invested heavily to
ensure that our service levels are at the standard required from our
distribution partners and have the systems in place to cater for a much greater
level of call handling and response to our members' needs. This gives us
considerable scope for substantial growth without a proportionate increase in
our direct costs.

Whilst competition in these markets has undoubtedly increased the overall size
of the market, it is growing rapidly and we remain well placed to win a
significant share of this business. We expect to continue to grow our
relationships with existing and new partners in the financial service and
insurance industries and envisage increasing growth in the worldwide adoption of
our products.

skyhigh - 12 Jul 2007 07:41 - 8 of 51

More details on the IAPA contract win announced a couple of weeks ago...

Red24 PLC
12 July 2007


red24 signs contract with IAPA

red24 plc ('red24' or 'the Company'), the AIM-listed global security company, is
pleased to announce that it has signed an affiliate agreement with the
International Airline Passengers Association (IAPA), to provide their members
with access to red24's membership services.

The International Airline Passengers Association (IAPA) provides international
benefits and services to more than 400,000 frequent travellers throughout the
world. IAPA was established over 40 years ago and is now highly-regarded amongst
international travellers.

Under the terms of the deal red24 will provide access to its information, advice
and assistance on personal safety and security issues for locations around the
globe. IAPA members will have automatic access to red24's members-only website
and be able to purchase red24's superior membership services at preferential
rates. The service is provided 24/7 and operates every day of the year to ensure
that travellers are kept abreast of the latest travel related incidents around
the world.

Commenting, Simon Wakeling, Managing Director of red24, said:
'We are delighted to be working with an organisation as prestigious as IAPA and
look forward to assisting its members in travelling around the world safely.
This contract marks the beginning of what we hope to be a long and fruitful
strategic relationship with IAPA. This further consolidates red24's strategy to
partner with similar minded organisations which have customers who, we believe,
will benefit from having access to our membership services.'

IAPA's Marketing Director, Chris Hale, stated:
'In this increasingly security-conscious age IAPA is dedicated to helping its
members travel safely. Working with the security experts at red24 reassures IAPA
members that the risks associated with travel can be mitigated and gives them
peace of mind that, in the event of the worst happening, help can be close at
hand.'

skyhigh - 15 Aug 2007 07:47 - 9 of 51

News this morning..not sure what impact it'll have on the sp though.. should be positive overall ?



Red24 PLC
15 August 2007


red24 plc

Issue of Equity

red24 plc, the AIM-quoted security and risk management consultantcy, is pleased
to announced that it has raised 200,000 through a placement of 20,000,000
ordinary shares of 1p ('Placing Shares') at a price of 1p.

As part of the Placing the Company has issued 20,000,000 warrants attached to
the Placing Shares on a one-for-one basis. The warrants give the holder the
right to subscribe for new ordinary 1p shares in the Company at an exercise
price of 1p at any time up to the 31st March 2009.

Application has been made for the Placing Shares to be admitted to trading on
AIM and dealings are expected to commence on 20th August 2007. The warrants will
not be admitted to AIM or any other Exchange. Following the Placing the issued
share capital of red24 plc has increased to 324,710,836 ordinary shares of 1p.
The new funds will be used to support the rolling out of the red24 brand, both
in the UK and overseas, particularly in the Far East.

Following the Placing SVM Asset Management will have an interest in 10,000,000
ordinary shares in the Company representing 3.08% and Mr J M Brigg will have an
interest in 18,550,000 ordinary shares representing 5.72%, of which, 3.08% is
held by EMIS International Business Ltd, a company wholly owned by Mr Brigg.

Simon Richards, Chairman of red24 plc, commented:
'I am delighted to welcome SVM and EMIS as significant shareholders. The
strengthening of our balance sheet will enable us to roll out the red24 brand as
we continue on our way towards profitability

skyhigh - 15 Oct 2007 13:35 - 10 of 51

ANYONE STILL IN REDT ?

Now much grimmer isn't it !

bid is dropping.
There's a sell this morning at .005p

no trading update for the 6months eneded 30thSept
no further news of product launches or contract wins/deals

not looking good for the interims due to be released end Nov/Dec
(we should at least be looking at breaking even!

apart from that... everything's fine!

skyhigh - 30 Oct 2007 09:32 - 11 of 51

Anyone still in ?
It's looking grim ? sp continues to drift down.. no trading update...no deals/contract wins, no recent product launches. it's looking as though breakeven is still some way off..let alone any profit!...wondering if to sell up and be done with it or hang on in the hope of significant good news in the interims due in the next 3/4 weeks...

FYI Interims were released 16th Nov last yr

skyhigh - 25 Jan 2008 09:10 - 12 of 51

Red24 PLC
25 January 2008


red24 plc

Issue of Equity



red24 plc, the AIM-quoted security and risk management consultancy, is pleased
to announced that it has raised 299,750 through a placement of 10,900,000
ordinary shares of 1p ('Placing Shares') at a price of 2.75p.

As part of the Placing the Company has issued 10,900,000 warrants attached to
the Placing Shares on a one-for-one basis. The warrants give the holder the
right to subscribe for new ordinary 1p shares in the Company at an exercise
price of 3.75p at any time up to the 31 March 2009.

Application has been made for the Placing Shares to be admitted to trading on
AIM and dealings are expected to commence on 30 January 2008. The warrants will
not be admitted to AIM or any other Exchange. Following the Placing the issued
share capital of red24 plc has increased to 43,371,080 ordinary shares of 1p.

Director Dealings

Under the Placing the following Directors have subscribed for Placing Shares:

S. A. Richards 3,820,000*
M. Worsley-Tonks 363,500
J. E. A. Mocatta 100,000

*Of these 3,820,000 shares, 3,635,000 were subscribed for by Sidebell Limited a
company in which Simon Richards is a Director and shareholder.

Following the Placing the Directors will have the following interest in the
Company: Mr Simon Richards, Chairman, will have an interest in 10,224,250
ordinary shares representing 23.6%, of which, 21.4% is held by Sidebell Limited,
in which he is a director and shareholder; Mal Worsley-Tonks will have an
interest in 513,500 ordinary shares representing 1.2%; and John Mocatta will
have an interest in 365,000 ordinary shares representing 0.8%.

In addition, following the placing Mr J M Brigg will have an interest in
4,836,500 ordinary shares representing 11.2%, of which, 9.2% is held by EMIS
International Business Ltd, a company wholly owned by Mr Brigg. Merchant
Corporate will have an interest in 3,635,000 ordinary shares representing 8.4%.

Taken in aggregate the Directors' subscription would represent a related party
transaction under the AIM Rules. As there are no independent directors in
respect of this transaction the Company has consulted with the Company's
nominated adviser which has confirmed that, in its opinion, the terms of the
transaction are fair and reasonable as far as the shareholders are concerned.

Simon Richards, Chairman of red24 plc, commented:
'This further funding from both existing and new shareholders shows a continued
support in the red24 brand as we continue to work towards profitability.'


More dilution ?

and how many times have we seen this line before :

"as we continue to work towards profitability"

Be nice to see it someday soon plse!

skyhigh - 10 Apr 2008 13:41 - 13 of 51

Looks like a buy of 500k shares today, small beer but at least it's some buying activity at last ?
Admit it's not looking good overall and had written this off also some while back but not worth selling the small amount of shares I now have (5000) so will stay in a see what happens, if anything!

There's been no trading statement, contract or deals news... expect the next results (due between end of May to end Jun) to show reduced revenues, more losses and a statement of how the're going to cut costs again...be jam tomorrow I expect..

C'mon REDT, show us something good!

Anyone still in ?

skyhigh - 14 May 2008 15:01 - 14 of 51

Interesting....

RNS Number : 4506U
Red24 PLC
14 May 2008



14 May 2008






Red24 plc

(the 'Company')




Holdings in Company




Red24 announces that, on the 13th May 2008, it was informed that on the 9th May 2008, Mr J M Brigg purchased 500,000 ordinary shares in the Company at a price of 3.15p, taking his interest in the Company to 5,336,500 ordinary shares representing 12.3% of the issued share capital, of which, 9.2% is held by EMIS International Business Ltd, a company wholly owned by Mr Brigg.




skyhigh - 25 Jun 2008 10:06 - 15 of 51

Ever so slightly improvement and marginally better news.. the next telling stage will be the interims end of Nov to if the're on track...however, with such small mcap & t/over one can't get excited over REDT... product extensions/lots of big client wins/aquisitions is need to really move it forward...

RED24 PLC


Preliminary Results for the year ended 31 March 2008

red24 plc ("red 24" or the "group"), is a provider of a range of security risk management
services, offering preventative and reactive
advice to help individuals and organisations to avoid and manage security risks to themselves,
their families and their organisations. The
products are distributed through leading international financial service companies.

Highlights

* Management restructured
* Reduced loss after tax of 263k (2007: 275k) despite reporting 310k loss at the
interim stage
* Significant cost reductions leading to near term profitability
* Increase in international revenues in particular Korea, China, Singapore and the US
* Recent new client wins including Aviva and Interglobal



Simon Richards, Chairman, commented:

"This year has seen significant change in the business with a focus on profitability and
cash generation. A successful cost reduction
programme has been implemented under the new stewardship of Maldwyn Worsley-Tonks which has
reduced costs by over 60,000 per month.

"The group has two business segments that, since the year end, have both traded profitably
in their own right and are now able to cover
the head office costs, thereby bringing the group as a whole into profitability. As indicated
above, our cost base is now stable, and new
sources of revenue are coming through which make the group cash generative and, whilst risks
remain, the Board are confident that the
developmental phase of the business, with a regular requirement for more capital to cover
losses, is now over."

skyhigh - 30 Jun 2008 13:20 - 16 of 51

In the Save & Spend section of Saturday's The Independent, the faint hearted were warned off shares in Red24 (REDT), the former Arc Risk Management. Nevertheless, the advice to existing investors was to hold, as the Group is "limping towards profitability and there are signs that Red24 is emerging as a serious option." Indeed, the Chairman believes that the shares justify a better rating and to trade on 10-times earnings would be reasonable, but this is rendered largely irrelevant given that the business is currently loss-making. This rather curious reporting seems only to have been read by the faint hearted, then, as the stock was motionless at 3.5p this morning....


Not good reading..surprised that the sp hasn't gone down in the past week in the light of the bad market conditions, poor results and un-exciting future... however,
I expect this to drift down about 50% during the next couple of months! (imho)

skyhigh - 05 Aug 2008 11:51 - 17 of 51

Good grief ! Blimey ! a little bit of good news (i think)..still "if's and buts" but it's a bit more encouraging ! (imho)

RNS Number : 6465A
Red24 PLC
05 August 2008
red24 plc
Result of AGM

At the Company's AGM held today, Simon Richards, Chairman, made the following statement:
'As I indicated in the Chairman's Statement that accompanied the Report and Accounts, additional revenue streams have been generated since the year end and, if these are maintained, we would expect to be able to report our first half year's profit in November.'

All the resolutions proposed at today's meeting were passed and the Company will now apply to have the deferred shares cancelled. This should be completed before the end of the year and will have the effect of virtually eliminating the deficit on profit and loss account.




skyhigh - 07 Aug 2008 19:55 - 18 of 51

and a bit more good news!

Red24 plc ('Red24'), announces that it was informed on 7 August 2008 that on the same day,
Sidebell Limited a company in which Simon
Richards, Chairman of the Company, is a director and shareholder purchased 1,400,000 ordinary
shares in the Company at the price of 3.125p.

skyhigh - 22 Aug 2008 10:54 - 19 of 51

Future sp possible attainment levels looking much better now..should be much better results in Nov and may even get another trading update end of Sept/beg Oct.... just need to SP to get to 18p before I'm breaking even.... but.. you never know.. it might just hapeen in the next couple of yrs ! (imho)

skyhigh - 10 Oct 2008 07:11 - 20 of 51

RNS Number : 5339F
Red24 PLC
10 October 2008
red24 plc

Trading Update and Notice of Results

red24 Plc will announce its interim results for the 6 months ended 30 September 2008 on Wednesday 12 November. Trading has been in line with forecasts and the Company remains confident of meeting market expectations.

Results could make more interesting reading this time...looks slightly encouraging ?





skyhigh - 04 Nov 2008 07:57 - 21 of 51

Good interims released a week earlier than expected..looks good should have a pos+ impact on the SP (imho)


RED24 PLC


INTERIM RESULTS FOR THE SIX MONTHS TO 30 SEPTEMBER 2008

Red24 plc (red 24 or the Group) is pleased to announce its maiden profits for the half year to 30 September 2008.

Highlights

Revenue increased by 13% to 1.61 million (H1 2007: 1.43 million).

Maiden profit before tax of 199k (H1 2007 loss: 306k).

EPS of 0.39p (H1 2007: loss of 1.03p).

Significant growth in the customer base giving a broader base to revenues.


Simon Richards, Chairman, commented:

We are delighted to report that we have delivered profitability ahead of expectations and that this improvement has fed through to the balance sheet, with a much improved cash position. The extraordinary developments in banking and insurance markets in recent months make this additional strength very timely and should enable us to continue to develop the business utilising our own resources. Shareholders have been very patient and we hope that continued profitability will enable us to reward their patience when the final results for the year are announced.
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