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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Flowgroup | FLOW | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.0145 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.0145 | 0.0145 |
| Top Posts |
|---|
Posted at 29/5/2018 17:17 by omarahmed Just came across some company reviews for Flowgroup Plc, namely from former employees on the review site glassdoor.The most recent ones are from February of this year from engineers made redundant who although were happy working with the company seemed to feel the management was poor as was communication, not taking heed to advice from the engineers on the ground, as one put it. Also came across an analysis article on FLOW published on Sunday, referencing a 35% gain during that week suggesting a positive upward trend. |
Posted at 29/5/2018 09:33 by omarahmed Other than an evident recent upward moving trend, does anyone know what we can expect from FLOW in the short-medium future? Are any holders expecting any particular news since the sale? As they recently stated they have no reason for the surges in price - is this purely speculation and fluff? |
Posted at 01/5/2018 19:00 by poleaxe just had e-mail from flow energy requesting a meter reading, are they about to cut me off? |
Posted at 01/5/2018 11:56 by pwhite73 waldorfYou don't understand what is going on. There is no time when Flow is free of debt or liabilities that is what Palm are complaining about. The only people that can do an RTO are the creditors like Palm. They may decide to pump another business into Flow so they can collect on more of their debt by issuing new shares. If there is no RTO in six months any cash that rests with Flow will go to creditors. If all the remaining cash goes to creditors Flow will still owe money to the creditors. Palm believe they can get more of their cash by a sale to Ovo Energy. When all the cash is gone Flow will file for administration as it has no more money and any RTO requires a taking on of the debt. This is why no matter what price you buy at the mm are offering them cheaper at a later date Flow is finished and so will be your investment even if you buy at these microscopic prices. |
Posted at 01/5/2018 10:09 by waldof Reverse takeover within six months - so FLOW is now free of obligations, debt, pensions etc? |
Posted at 10/4/2018 12:37 by richie666 Align Research @AlignResearch 5s6 seconds ago More Any shareholders in FLOW Group #FLOW with a decent sized holding plse email us at info@alignresearch.c |
Posted at 30/3/2018 15:19 by grahamwales Bulb energy are offering £100 per new customer at the moment and have been for a while £50 for the new customer and £50 for the referral customer. They are also around £30 per annum cheaper than Flow. They have around 300k customers not much more than Flow.Therefore if they can make money with that outlay then Flow should do it easily. My guess is that Stiff was allocating costs from the boiler business to the energy business hence why the margin was low. New BOD can see a profitable energy business and once profitable will look to sell on to re cover their costs and a bit extra. Shell bought First Utility for £200 million for 825k customers. I understand Total are also looking to get into the energy supply market. |
Posted at 06/5/2017 15:58 by noirua FLOW were at 145p a share in 2007, lest we forget, and since then have suffered a catastrophic collapse to just over 3p a share. Many may think no sale will be realised and a placing would follow. Probably over negative on announcements below in February and March.Major Shareholders - Updated 13th January 2017: Aviva PLC - 19.69% Jabil Circuit Netherlands B.V. - 8.14% Hargreave Hale - 4.99% Octopus Investments - 3.29% February 2017: Therefore, Flowgroup is refocusing its microCHP business on full entry into the European market "as soon as practicable", with 1,000 boilers to be rolled out in pilot projects in France, Germany, Italy and Belgium. Flowgroup said following a strategic review it concluded it is not an "optimum time" to consider selling its microCHP business. However, it added that it has received indicative approaches for the Flow Energy arm which could fund the microCHP business to commercialisation of the technology in Europe. "As a result, the board has concluded that the disposal of Flow Energy is something that it should actively pursue. Any disposal of the Flow Energy business would be conditional on shareholder approval," said Flowgroup. Flowgroup added that if it does not dispose of Flow Energy "in the coming months", it will consider other funding options including a share placing or selling a strategic stake in the Flow Energy or microCHP businesses. 21st March 2017: The company announces that it has selected a preferred bidder and has entered into an exclusivity agreement with this party. Whilst there can be no guarantee that the sale of Flow Energy Ltd will complete with this party, or that the sale of Flow Energy Ltd will complete at all. Any disposal would be conditional on shareholder approval. |
Posted at 24/3/2017 11:35 by 1fox1 RNS Number : 2611XFlowgroup plc 18 November 2014 Flowgroup plc (the "Company") Initiation of Flow boiler production Flowgroup plc (AIM: FLOW), which develops and commercialises alternative and efficient energy technology products, announces that it has initiated volume production of its electricity-generati In December 2013 Flowgroup entered into an exclusive Manufacturing Services Agreement with Jabil to manufacture microCHP Flow boilers. Jabil has now installed the first volume production line in their manufacturing facility in Livingston, Scotland and have commenced the mechanical build of the first production boilers. Volume production will now continue on a pre-arranged schedule throughout 2015. The Company has been running some small-scale tests of some of the marketing channels it intends to use, the outcomes of which have been encouraging. As a result, over 10,000 new customers have expressed interest in the boiler. This pre-existing pool of potential customers provides a good resource to target in a controlled manner up to and following launch. The full sales, marketing and PR launch is planned for mid-January 2015. Tony Stiff, Group CEO of Flowgroup, commented: "Initiating production is clearly the most significant achievement to date for the Group. 10 years of development culminates in this moment, where the first production model of the Flow boiler rolls off the production line that we expect to produce hundreds of thousands of Flow boilers over the coming years. We now move into our sales phase, with our full launch planned for mid-January 2015. The response to our test marketing campaigns has been very encouraging and has produced a strong pool of customers to whom to sell the first Flow boilers. I'd like to take this opportunity to thank every member of the Flowgroup team, our suppliers, partners, investors and customers for all their support that has brought us to this defining moment. I look forward with great anticipation to the success I believe 2015 and beyond will bring." -------------------- To anyone new to this company the above RNS is from November 2014. Only two or three months from the so called launch that never was. -------------------- Tony Stiff, Group CEO of Flowgroup, commented: "Initiating production is clearly the most significant achievement to date for the Group. 10 years of development culminates in this moment, where the first production model of the Flow boiler rolls off the production line that we expect to produce hundreds of thousands of Flow boilers over the coming years. -------------------- HUNDREDS OF THOUSANDS OF BOILERS OVER THE COMING YEARS!!!! -------------------- This is just one of many previous RNS statements that never really materialised. I would take whatever Stiff says with a pinch of salt. |
Posted at 12/2/2017 19:22 by entropy22 Business Sale ReportSmall energy supplier Flow up for sale Small energy supplier Flow up for sale Fri, 10 Feb 2017 By Catherine Deshayes UK small energy supplier Flow Energy has been put up for sale after its owner warned that competition from new suppliers offering cheap tariffs threatens to block its growth. AIM-listed Flow Group confirmed in a statement it would “actively pursue” the sale of its energy arm after receiving “a number of approaches expressing interest”. Established in 2006, Flow Energy is Flow Group’s household gas and electricity supply business with around 270,000 customers. It is one of the main challengers to the so-called Big Six suppliers. Flow Group said while its energy business had “progressed well” and is “delivering growth”, its gross margins have come under pressure as it was forced to compete with new rival suppliers offering cheap tariffs. “Recently, gross margins have come under pressure as we have priced to compete with a range of new entrants offering reduced tariffs to customers to gain market share,” the company said. “We are investigating several new routes to market to reduce our reliance on the price comparison sites and we regularly review our pricing strategy as the market continues to move and evolve. “However, if the trend of new entrants offering reduced tariffs persists, we would expect our growth outlook for 2017 to be more challenging.” Flow Group said it would try and use funds from a sale of Flow Energy to launch its micro combined heat and boiler power business in Europe. Analysts at Cantor Fitzgerald told the Times that Flow Energy could pique interest “from both new entrants and existing players”, valuing the business at £73 million. |
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