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Flowgroup Plc Share Discussion Threads
Showing 4226 to 4248 of 4250 messages
|Have a look at Our energy. A customer owned energy start up. I'm in for £50.|
|1fox1:- Could not agree more - OK cost of getting new customers can be high but no certainty that existing FLOW customers will stay with new supplier - OK inertia effect may work but if new suppier is undercut but other challengers then customers will have no loyalties.
What IMO is needed in this market is a reversion to the grocery winning formula of "everday low prices" and also clarity of pricing - This is a proven winning formula.|
|As a Customer, Flow are painful to deal with. Simple thing like create an Account to so you see your energy use etc. Their systems don't work. Call Customer Services and they say they will do something - but nothing happens. Last call to Customer Services a baby was crying in the background - made it difficult for us to hear each other. There is no professionalism.|
|73 million!! What are they smoking over at Cantor?|
|Business Sale Report
Small 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.|
|decline in price imv also been down to the growing realisation that the new customer uptake at Flow Energy was to inevitably slow. like all smaller players, offer very low attractive tariffs in yr 1 (I'm about to tfr away myself) and then they become uncompetitive and actually (as they say) struggling with the rise in wholesale prices
not just down to the boiler bit of the biz in my view
and now they r gonna try and sell the flow energy client base - not what i had in mind
this has all gone a bit wrong|
|Already said I have a target price in previous post.|
|I do not agree with you.But I suggest you practise what you preach.|
|I believe the decline in the share price has been down to the boiler not being quite the game changer we were lead to believe. With a bit of luck I may get the target price I'm looking for to sell. I don't believe the boiler has a future either in the UK or mainland Europe. If it was we would have seen more sold in the UK in the two years since it was launched. In the meantime well done to anyone who bought at 5p but I would not be a long term holder. IMO make hay whilst the sun shines|
|Yes kooba I remember the RNS. I disagree re the price uncertainty bit though. The boilers were already manufactured. Flow have been able to sell the boilers at 5% VAT for the last two years. I once called them to enquire about buying one of these boilers and was told I could take advantage of buying one before the VAT kicked in. That was over a year ago. The boiler has been on sale officially for about two years. How many have they sold in this time?|
|Not a factor at all.??How could you attempt to launch a new product to market with this price uncertainty??Energy supply and micro combined heat and power (mCHP) boiler designer Flowgroup (FLOW:AIM) has collapsed today thanks to a European Court of Justice (ECJ) ruling over VAT. To quickly recap, the ECJ has decided that it is not legal to charge VAT at 5% on energy-saving products in the UK, implying that the consumers should have to cough up the full rate of VAT, currently charged at 20%. This sparked a massive shares sell-off that crushed the price today, the stock collapsing by around 50% in early trading, before staging a modest recovery they've down 35% at 15.5p.https://www.sharesmagazine.co.uk/news/shares/eu-blow-not-the-end-of-flow|
|Sorry kooba I'm not having that. The VAT fiasco as you call it was used as a smokescreen for their inability to sell hardly if any boilers. Stiff imo used this as an excuse to cover up the technical issues this boiler was experiencing and the complete lack of sales. The fact is you can still buy one of these boilers a year later at the old rate of 5% VAT. The real reason imo the fall in share price is and always as been down to the boiler not selling in the numbers expected.|
|Some nice large BUYS coming in now. Heading North.|
|Apart from a year ago when they ran up from 14p to 24p before the EU vat fiasco...all about timing I suppose.|
|In case you hadn't noticed the flow of this dog has been down for the past two years.|
|Go with the flow..|
|BUY for me - up to 10p today|
|Guess we will see if they sell it...not long now hopefully.|
|And if they did achieve £40m (doubt tax liability as company carrying large retained losses) with the net £5m in the balance sheet ...£45m ...now shares in issue 317m so cash per share?14p.DYOR.|
|Where are you getting the £40m plus price from? I assume you've just pulled it out of your ass.|
|a very decent price say £40m plus ...then he probably would have warns his keep as without the business being built Flow would have folded already imho.I still believe a well financed company focusing on the now technologically derisked Flow boiler can achieve commercial success in the global gas boiler market and as trials with partners are already some way down the line and actual boilers are in operation and have been for a while hopefully the route to revenue in Europe is not too far out.If they sell energy and have a fully funded run at securing a licensing deal in Europe the risk reward is highly attractive.imho.Need to sell energy first ..and my take is that that discussion is advanced.|
|Well we can agree on that!The first line of investor protection is the Nomad....and they're paid by the board....so any independent dd or just take the fees??On this one I can't disagree about director renumeration..far too high..unless he sells the energy business for|
|Original launch for the boiler I think was February 2015. That was the time to sell imo. Funnily enough from the day of the launch the share price has been on an almost continual descent. The company imo kept quiet about what I believe was a number of technical issues with the boiler. I think Stiff a few months later only referred to it to has a soft launch. The re-launch then took place around a year later. I am perfectly entitled to change my view of both Stiff and the boiler. I did very well out of the shares a couple of years ago. The mistake I made was reinvesting. Never mind it's no big deal. If I spot an opportunity to find a share that I think may recover my losses in flow I'll sell and swap into that. In the meantime I'll stick with this. If I have learnt anything over the years it's to avoid anything listed on AIM. Iv'e no doubt there may be a few decent companies listed on there but the pitfalls of investing in these companies is enormous.|