Energy Asset Management Share Discussion Threads

[harmoye] 06/5/2009 17:16

Hi all,telephoned Energy Asset management about half an hour ago.

Spoke to a lovely girl who confirmed that pulse 24 and eam had joined forces and were now one of the same. She told me all of management were at a meeting.

She said there was no reason why the new company would not be bidding to install smart meters.

She could not comment on rns date but told me to telephone Friday morning to speal to someone who would enlighten me on present situation and upcoming rns.

Please telephone [phone] Energy Asset Management head office in Livingston Scotland and check it out yourselves, they are very friendly.

[andrbea] 06/5/2009 16:48

are there other meter players in the uk (besides pulse 24 and eam)?

[l0wrdr] 06/5/2009 16:45

looks like a sell as it was well below the bid price. unless it was a worked buy from this morn. would explain the sharp rises

[sagem] 06/5/2009 16:40

harmoye - Shown on ADVFN as a sell

[harmoye] 06/5/2009 16:30

That 1 million is a buy.

[harmoye] 06/5/2009 16:28

Well found Sagem. smart meters is the game for eam and plus 24 who have joined forces.

Just waiting for a nice detailed rns.

[sagem] 06/5/2009 16:22

No wonder this share price is going mad.....somebody knows something is going to happen. I think EAM will be involved are are involved ;-

45 million smart meters on the way
Tom McGhie, Financial Mail
3 May 2009
Reader comments (9)

After months of dithering, the Government is poised to give the go-ahead for the installation of smart meters in every home and business - 45m in total.



From next year and during the following ten years, energy companies will replace existing gas and electricity meters with smart meters that can tell homeowners how much energy they are using at any time.

The £7bn smart meter revolution is a vital weapon in the Government's battle to cut energy consumption. Trials have shown that householders reduce their consumption by about 10% - an average of £10 a month - where smart meters are installed.

This is because they can see how much energy is wasted, for example by leaving lights on or keeping TVs on stand-by.

Smart meters will also finally put an end to the scandal of incorrect billing. No longer will energy suppliers be able to force customers to pay huge bills based on incorrect energy estimates.

The Government will also announce a multi-billion pound contract to create a centralised communication system to gather the data from the smart meters and distribute it to each home's energy supplier.

Energy Minister Mike O'Brien said: 'Smart meters will help consumers save energy and money and cut emissions. We've said we want smart meters in every home in the UK by the end of 2020.

'We will be the first country in the world to have such a huge refurbishment of our energy meters and we need to get it right. That includes making sure we have meters that can do all the things we want them to.'

It will be the responsibility of the energy companies to offer householders a choice of meter. They vary in sophistication, with some capable of pinpointing parts of the house where energy is being used.

It is understood that the Government has insisted that every meter should be capable of handling micro-generation data so that households which generate their own energy via solar panels or wind turbines will be able to sell the surplus back to the National Grid.

Smart meters will also enable suppliers to moderate peak demand through differential pricing throughout the day.

[harmoye] 06/5/2009 15:53

Hope so sagem,they must be involved somewhere along the line. Everything in the UK will eventually be metered as every thing is so scare

[sagem] 06/5/2009 15:47

I s this company going to be involved in every householder having a metre so the Goverment has said....Elec.Gas/Water not sure which.....any answers

[harmoye] 06/5/2009 15:13

Lots happening Andrbea,and your right the're up to all kinds of things.

Rns should be interesting.

[andrbea] 06/5/2009 15:04

"The metering expertise of Energy Assets is a strong complement to Corona and Pulse 24."

so EAM effectively is being swallowed up by Pulse 24
Which would leave the old EAM listing open for a RTO, if Pulse 24 remained private.

So are we to become a cash shell for a natural resources firm to reverse into?

questions, questions,... ;-)

[harmoye] 06/5/2009 14:58

Macquarie have got these two companies together...looks promising.



Macquarie Executive Director Paul Plewman said: "Initially the focus of the new venture will be to service Corona Energy's customers and Energy Asset's existing customers. However, following integration we are excited at the opportunity to offer unique metering services to the wider gas market. No other company in the market provides this kind of 'joined-up' service

[harmoye] 06/5/2009 13:52

Got a few in this. Another big trade gone through around 1/2 million.

[l0wrdr] 06/5/2009 11:28

yes w just need a few more of those! all trades buys at .41 are going through as sells at the moment

[andrbea] 06/5/2009 11:20

the 674k buy was more like it (0.445p)
= 3000 quid

[8trader] 06/5/2009 10:52

Ok, read the Dmr thread, shameless as always :-))

[l0wrdr] 06/5/2009 10:47

couple of large sells out the way and buyers moving back in. this should get moving again soon

[reba] 06/5/2009 10:36

Never ever in my years of trading have I ever had the top 1&2 of the toplist. Time for a celebration. Take the wife out for fish and chips tonight.

[l0wrdr] 06/5/2009 10:13

you take this one, ill do it next time lol. maybe itll learn its lesson. is traidemark treacles new alias??

[8trader] 06/5/2009 10:05

Lowrdr.

Do you want to email advfn or shall i about a certain poster ?

[l0wrdr] 06/5/2009 10:04

i was gonna take a punt on ntog yesterday lol! ah well cant have them all

[reba] 06/5/2009 10:02

Can't believe that I have 2 in the top 4 of the top list EAM and NTOG

[andrbea] 06/5/2009 09:54

so what's driving this?

either:
the merger with pulse 24 ?

or the RTO angle ? (31.3):


The Company will seek to acquire assets, companies or businesses in the United
Kingdom and Europe in the energy or natural resources sector and in the service
sector. The Company may be either an active investor and acquire control of a
single company or it may be a passive investor and acquire non-controlling
shares or other assets or businesses as is considered to be in the best
interests of the Company.

[l0wrdr] 06/5/2009 09:51

lets hope that happens now lol! i think a couple more buys and theyll tighten the spread up. thats the main thing that puts punters off small caps

[andrbea] 06/5/2009 09:47

eg on March 6 2007 (price = 0.54p)
March 16 2007 (price = 1.8p)