Flowgroup Plc Share Discussion Threads

[laptop15] 04/4/2016 14:53

Wow....someone just bought a million shares! They must be confident :))As long as we finish up today I'll be happy!

[brucie5] 04/4/2016 13:55

Good to see this resurgence in interest in the share price I haven't been in this for a while, but I'm thinking for your posts it has more to do with the energy side than the gas boiler..?

Re, the chart, a brief look suggest that there is resistance at 20. Current recovery looks like a repeat of 2013, which had the share price coming off similar lows. Dipped quite a bit just below the 20p mark, before going onto rise to new 2014 highs.

I was put off by this when FLOW said our property was not appropriate for the boiler. Didn't take it personally of course (!)but just thought the market for such a producr might be rather self-limiting.#

But wdik.

[laptop15] 04/4/2016 13:44

Geez....aftet being well in the blue all day...its suddenly gone red...wtf

[kooba] 04/4/2016 13:41

There are a lot of customers still coming off big six deals...I am not so concerned at their ability to attract more customers from the fat 6 ,more concerned that their current infrastructure will limit their expansion without a big centre upgrade or new centre .there could be some chopping and changing amongst the independents (such as your good self) but if they can keep their cost base down and have financing effective (shell) then they should be able to stay highly competitive and continue to enjoy good margins.

[courant] 04/4/2016 13:09

Thanks kooba, that's useful. Though, I have two thoughts: first, it's easy to write new business if you kill your margin; second, the "stickiness" of new customers (who might be more online-savvy and willing to switch in the first place) might vary, and the customer pool that's coming over might be more price sensitive. I mention this because I switched from Ovo (very happy with them, great service, online offering, and general experience). My fixed rate deal came to an and and Flow were >£100 cheaper, so took the opportunity to kick the tyres!

[moorsie2] 04/4/2016 13:02

So 29th April is the results day then

Guess we will just have to wait one month to see is all good progress or a lot of spin. Heres hoping for the former but have been stung here a few times by the latter...

[kooba] 04/4/2016 12:25

Previous post on OVO didn't get there..Article http://www.ft.com/cms/s/0/5ff803aa-650d-11e5-9846-de406ccb37f2.htmlSold 15% stake for £31m had 400k customers don't know single dual breakdown.

[brummy_git] 04/4/2016 12:04

New research out this morning from Equity development

hxxps://www.equitydevelopment.co.uk/doc/1478.pdf

[kooba] 04/4/2016 12:02

I am expecting further listings and corporate activity in the sector...which should reaffirm these kind of values.Maybe flowenergy will be involved??Think First utility a large independent is still looking at a float which would be an interesting benchmark.

[kooba] 04/4/2016 11:58

Believe Yu have less than 2000 customers!A nearer comparison maybe would be OVO which is private company with

[kooba] 04/4/2016 11:50

The previous poster £300 per single and my £500 dual fuel pricing per customer are valuation estimates that I have been given by industry sources...there are not many independents floated to do a direct comparison but believe there has been private M&A deals backing up these levels...one would also say that the rate of growth of customer base would also have a big influence on valuation...flow seems to have a highly attractive package and is growing strongly.A company specialising in the SME market was recently floated and although not a direct customer comparison...pros and cons in that market and certainly could justify higher per customer valuations...but not much!http://www.cityam.com/236603/yu-energy-a-gas-and-electricity-company-aimed-at-providing-services-to-smes-ipo-oversubscribed-after-it-announced-its-intention-to-float-on-the-london-stock-exchange-last-month

[courant] 04/4/2016 11:37

PS Have just switched to Flow Energy dual fuel (having been a shareholder here since the summer) and note that their pricing is very competitive.

[courant] 04/4/2016 11:36

kooba

Do you have a reference for "Industry value on dual fuel more like £500 per customer"? Just re-visiting my valuation here and would appreciate this. Many thanks,

Courant

[meganxmas] 04/4/2016 10:23

I am one too and have to say was very impressed with the switch process and communications ... all very efficient. Would agree with earlier post that new customer rate will slow down ... it is competitive out there. That said, the Shell deal was a game changer for Flow. Market hasnt really caught up with this I dont think.

[sp1972] 04/4/2016 10:05

20000 new energy customers in the last month, I'm one of them and I pay £32 a month for dual fuel

[kooba] 04/4/2016 08:54

90 % of those customer dual fuel I understand.. Industry value on dual fuel more like £500 per customer .Not sure they have the capacity to maintain this growth even though demand certainly there...target 250k -300k year end .Dyor.

[hopefulalways] 04/4/2016 08:22

170,000 Energy customers.
That's 70,000 new customers since the beginning of the year.

If this continues 380,000 by year end.
@ £300 per customer = £114m value - for the energy business

[kooba] 04/4/2016 07:50

Gap to min 25p to be filled?I do hope so!

[kooba] 04/4/2016 07:16

Meant to be a smiley face...obviously doesn't do that!Anyway what's not to be happy about apart from once again a big share price move ahead of news?They need to get proactive rather than reactive!!Or is there always a leak!Onwards and upwards!

[laptop15] 04/4/2016 07:12

Sounds positive :))

[laptop15] 03/4/2016 21:56

Hope you are right this could easily repeat itself and we should see a sharp rise im share price fairly quickly! Its going to be an exciting few weeks/months!First barrier...get through 20 next week and hold above!

[bogotatrader] 03/4/2016 20:38

Just looked at 3 year chart....end 2013/early 2014 - price went straight through 20p and minor resistance at 30p for a couple of days then onto the 38p/40p level...all this happened within a week or so....chart now seems similar to the 2013/14 move....where will we be upto by the end of this week and month?

[bogotatrader] 03/4/2016 20:04

Sharp price rise on Friday out of pennant/flag formation augers weel for trading this week and imho there will be a continuation of the price rise....how long will it take before we are in 28p/30p region again?