Energy Assets Share Discussion Threads

[rivaldo] 03/6/2015 12:19

I'm no expert on these things, but in tonight's FTSE reshuffle it seems to me there's a good chance EAS will get promoted from the FTSE Fledgling Index to the Small Cap Index.

If so we should see continued demand for the shares from trackers etc at the very least.

[nurdin] 29/5/2015 10:17

Excellent...cheers Riv.

[rivaldo] 29/5/2015 10:15

News:



"Keep the meter running: New technology freezing bills for 840 London homes
Date: 28th May 2015

A new ‘community metering’ technology set to tackle fuel poverty, reducing fuel bills by 15% in 840 properties across Westminster has been installed by Energy Assets.

Residents in the heart of UK’s capital can soon save 15% on their bills, thanks to new technology.

Thanks to the £100,000 innovation award from the National Grid Energy Efficiency Innovation Award scheme, CityWest Homes has teamed up with utility metering giant Energy Assets to install the 'community meters' across 840 properties in eight Westminster tower blocks. These will access cheaper electricity without residents needing to cut back on comfort.

Work started in January 2015, with Hide Tower, in Pimlico estate, the first to receive a meter makeover. The 151 flats in the iconic 1960s block, will have new meters which are read half hourly, connected by Ethernet, so that bulk electricity may be bought as a single commercial load.

Residents are expected to save around 15% on their fuel bills, with further savings planned as the year goes on. ‘Community meters’ will allow suppliers to provide beneficial tariffs to CityWest Homes - thereby reducing energy charges to residents.

CityWest Homes has also engaged Energy Assets to deploy their Z-LYNK load switching / energy control technology, which will remotely switch on storage heaters and hot water cylinders when electricity is at its cheapest.

etc"

[rivaldo] 28/5/2015 12:41

Excellent trading update from SMS this morning should also reflect well on EAS' prospects.

[nurdin] 21/5/2015 14:44

Cracking ! :o)

[ddav] 21/5/2015 08:59

Great Expectations .......

[gbb483] 19/5/2015 22:22

Nothing I expect. This stock always does unexplained excursions on the close. I expect the price to drop back to 500/510 on opening tomorrow.

[rivaldo] 19/5/2015 18:28

Nice buy at 539p at the close.....

[nurdin] 19/5/2015 16:40

What a lovely breakout at close...whats brewing I wonder

[rivaldo] 14/5/2015 10:38

Buying coming in at 525p or so now.

Agreed Aishah, it's the big, long-term winners which transform your portfolio's value (and cutting the losers quickly enough!).

[aishah] 13/5/2015 11:22

A doubler for me now from the buys in July 2013. Run your winners long term imo.

[rivaldo] 13/5/2015 10:19

Buying coming in at 515p today.

[rivaldo] 11/5/2015 22:59

New highs then - and a break above 500p with late buying at 505p.

EAS' current year P/E ratio remains some way lower than SMS's, so still some ground to make up.

[tradermel] 05/5/2015 08:08

And held this time ... nice

[rivaldo] 01/5/2015 15:34

About to make new highs?

[gbb483] 24/4/2015 11:05

...that it has issued 5,000 Ordinary Shares at nominal value of £0.01 to satisfy the exercise of Company share options under an employee share plan.

The new Ordinary Shares represent approximately 0.02% of the Company's existing issued share capital

The company should source the share options by buying on the open market. That way the company pays for the share option scheme, not the investors.

[jimmygee2] 23/4/2015 20:36

New Naked trader update......he has topped up here!

[rivaldo] 20/4/2015 16:03

Stretching upwards to new highs....

[rivaldo] 17/4/2015 10:57

Agreed nurdin - EAS' cash flow is hugely attractive, and of course the recurring revenue etc.

And EAS has been tipped today by Questor in the Telegraph....



"Questor share tip: Energy Assets still a buy

The smart meter company is building up a strong core of cash generating assets that investors should tap into, says Questor.

Energy Assets
475p -2p
Questor says BUY

ENERGY Assets [LON:EAS], which installs smart electricity and gas meters for industry, is seeing revenue and profits rise as customers try to save money.

The company said yesterday that the core meter asset management division – responsible for 43pc of group revenue – which installs the meters had another strong year.

The group reported it held 365,000 meters at the end of March, up from 327,000 meters at the end of July, and about 163,500 a year earlier.

The market expectation is for full-year pre-tax profits from those meters to reach £8.8m, up from £6m last year.

The company should generate 25p in earnings per share for the year when it reports results on June 9. Questor thinks the long-term outlook for the company is good.

It buys smart meters, installs them and charges an annual fee for their use. The average meter costs £850, and generates £135 a year in rental fees for Energy Assets. The upfront capital cost of the meters is funded by debt that is paid off over an eight-year period, but the meter can last at least 20 years.

The rental fees Energy Assets earns are guaranteed by blue-chip names such as npower, British Gas and Gazprom; the fees also rise with the Retail Prices Index for up to 15 years.

Once the company’s debts are reduced it can start paying dividends. The payout is expected to start in the year ended June 2016 at about 7.6p per share, or a prospective yield of 1.7pc, and rise sharply thereafter.

The shares have risen 50pc since we recommended them 18 months ago (Buy, 317p, October 4, 2013). Questor likes the growth profile and income potential despite the risks inherent in investing in such a small company at an early stage.

The shares aren’t cheap, trading on 18 times forecast earnings, but due to the growth in revenue and profits that falls to 15 times next year’s earnings and 12 times after that.

However, Questor thinks the potential for steady cash generation makes this a share for the long term.

Buy."

[nurdin] 17/4/2015 10:09

Hi miti...will have a look.Glad to see you are in EAS..

[miti 1000] 17/4/2015 10:00

nurdin...have you looked at acal, its a big holding for me so wondered if you rated it at all ?
And EAS shaping up very nicely.

[nurdin] 17/4/2015 09:36

Indeed Rivaldo.However what attracts me the most here is their cashflow...cashflow per share has out stripped EPS by a considerable margin over the last couple of years.On a historic basis,EAS are trading at just 9x cashflow multiple..that looks very cheap to me.