Edward Hugo

2273 days ago

Obtala - house broker VSA slashes target but still sees shares doubling from here

In the wake of the recent fund raise by Obtala (OBT), the company's house broker VSA has slashed its price target from 36p to 25p but it is forecasting EPS of 1.6p for calendar 2018 and with massive asset backing, explains in a detailed note out today, why the shares will double from the current  12.625p mid. We own the shares and, for what it is worth, I agree with analyst Edward Hugo.

2608 days ago

RedT at 10.9p worth 22p? VSA initiates coverage - detailed note

RedT Energy (RED) has developed a machine based on vanadium redox flow battery technology for deployment in the commercial and industrial energy storage sector. Unlike the majority of its flow battery peers, RedT’s machines have already been deployed in a number of field test environments with first commercial sales occurring at the end of 2016. So this is a real company. VSA is house broker so clearly biased but analyst Edward Hugo has this morning published a very detailed 25 page note.