Energy Assets Share Discussion Threads

[gbb483] 23/6/2015 21:05

Support is at 475 - so no need to get your knickers in a twist.

[nurdin] 23/6/2015 16:17

Stating facts isn't ramping.£10 by year end is ..:o)

[doobz] 23/6/2015 15:57

Anyone seen a reason for this dip today? I couldn't? Ta D

[fireman bob] 22/6/2015 17:58

No need for ramping here, had them since they were £2, quite happy to sit and watch the goings on :-)

[rivaldo] 18/6/2015 23:10

I bought in here in May/June'14 (see my post 98). No doubt my posts have single-handedly almost doubled the share price since then :o)) As if a single post here makes a difference to a £130m m/cap company....

Compare and contrast my completely factual post 361 with the garbage in post 362.

It seems gbb483 would like to be a contender for everyone's "posters to be ignored" list. He's certainly going the right way about it.

[gbb483] 18/6/2015 17:01

I like your attempt at ramping, but I don't think it's having any effect.

[rivaldo] 18/6/2015 14:06

It's worth noting that EAS is on an EV/EBITDA of only 9.9 against 13.8 for SMS this year, and next year EAS is on 8.5 against SMS' 11.7, as well as being on a cheaper P/E.

I also note that forecasts now show EAS paying a 22.13p dividend to March'17.

[cambium] 16/6/2015 16:46

Picked up a couple of tranches on that dip

[rivaldo] 12/6/2015 08:27

Nice buy just now at 633.55p....

[fireman bob] 11/6/2015 18:36

Excellent results the other day and good to see it pushing on, I think we can cut it a wee bit slack gbb483, 440 to 600 in about six weeks ain't bad :-)

[gbb483] 11/6/2015 18:15

Fell back quite rapidly though.

[rivaldo] 11/6/2015 15:20

:o))

And on decent volumes by EAS' standards, with 60k shares traded today. Tracker funds etc loading up?

[gargleblaster] 11/6/2015 13:42

wow - just went balistic!!!

[nurdin] 10/6/2015 10:21

Thanks Riv. The current rating is well deserved imo given the earnings visibility, strong cashflow and the prospects ahead.

[gargleblaster] 10/6/2015 02:47

Nice one Riv!

[rivaldo] 09/6/2015 23:00

Questor in tomorrow's Telegraph will be saying Buy....



"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

By John Ficenec, Questor Editor
4:00PM BST 09 Jun 2015

Energy Assets
578p +14.5p
Questor says BUY

SMART gas and electricity meter company ENERGY Assets [LON:EAS], reported rising revenue, profits and cash generation in its annual results yesterday and there is every reason for the success to continue.

Government regulations mean that every gas metering point for industrial and commercial companies has to have a smart meter installed by 2020. The company said yesterday that the core meter asset management division – responsible for 40pc of group revenue – which collects fees for 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.

New contracts were signed during the year in the Data Services division, which analysis energy uses and offers advice to cut bills, and this increased profits by 47pc. The Siteworks part of the business, which provides engineering advice on meter installation, had a very strong year with revenue up 77pc to £12.9m and profits up 41pc.

Full-year pre-tax profits for the group as a whole increased by 55pc, to £9.3m, up from £6m last year. Revenue increased by 50pc during the year, to £36.2m. Market consensus is for pre-tax profits to rise to £10.5m, giving 29p in earnings per share for the year to March 2016.

Energy Assets buys smart meters, installs them and charges an annual fee for their use. 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 British Gas.

Energy Assets increased cash generated from operations by 34pc during the year to £20m, and reinvested all of this to grow the company. Acquistions in the year increased net debts by £14m, to £65m, and that is against net assets of £36.5m.

The shares are up £1 since we last recommended them (Buy, 475p, April 17) and have almost doubled since we first liked the prospects (Buy, 317p, October 4, 2013) trading on 20 times forecast earnings, falling to 15 times next year we would still hold onto them for further growth. Buy"

[gargleblaster] 09/6/2015 12:00

Steady buying on the back of the results. I wonder who the idiot with the buy order at 405p is? Fat chance of getting it filled!

[nurdin] 09/6/2015 11:13

Yup, a very reassuring read.Wonder if brokers have made any changes to the 2016 forecasts....I have 30p pencilled in for the year

[tradermel] 09/6/2015 07:41

Well pleased with buying into this share and todays results are a lovely read so like Robbie this is a long term hold for me

[rivaldo] 09/6/2015 07:36

Excellent results which are bang in line with forecasts for PBT and EPS.

The outlook in particular couldn't be better:

"The new financial year has started well across the business, we are on track to deliver another year of sound operating and financial performance in 2015/16 and we continue to look to the future with confidence"

BGlobal has improved "significantly" since acquisition, so there should be a lot more margin to come from this.

[jimmygee2] 08/6/2015 14:13

Results tomorrow

[rivaldo] 05/6/2015 07:37

Tipped yesterday by Robbie Burns (Naked Trader):



"Another one I bet you never heard of is Energy Assets (EAS). I’m already up 70% on my first buy of these and I’ve bought some more this month. This company is the largest independent provider of industrial and commercial gas metering services in the UK and a provider of electricity metering and data services. Demand for the installation of advanced utility metering and related services remains high and, as a result, Energy Assets says it continues to experience strong trading and growth.

This area of the market just keeps on growing and Energy Assets is taking full advantage of its position. It just keeps announcing deals too – most recently with City West Homes and Westminster Council. This is another boring one I expect to hold for some time."

[rivaldo] 04/6/2015 07:34

EAS did make it into the Small Cap index last night....



Things could get interesting if there's not much stock around.

[rivaldo] 03/6/2015 13:37

I agree there would have been some buying already, but I suspect there's still quite a lot to be done.

EAS is pretty illiquid and shares can't easily be got hold of. Plus the entry is never certain until it's confirmed. So hopefully a fair bit still to come.

[gbb483] 03/6/2015 13:16

Trackers would've been buying in the lead-up. You won't see much extra after today.