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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Flowgroup | LSE:FLOW | London | Ordinary Share | GB00B19H7076 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0145 | - | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
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08/2/2017 17:56 | kooba states............Su Just one thing kooba. I have previously stated the test by one of "largest European utilities was such a great success that Flow didn't sell any of the boilers to them. Why would you consider this a great success? Personally I think this boiler has had enough money pumped into it. Stiff IMO is just trying to keep his cash flow coming in. No doubt if this company finally does collapse he can ride off into the sunset and into his next great venture. He can spin a good yarn though as I have found out to my cost! | 1fox1 | |
08/2/2017 17:32 | ThxI note they were valuing energy business on basis of net £225 per connection...that would equate to £60m. While that might be toppy in current environment one could certainly see £150 per connection £40m.If that transaction could be achieved would leave company extremely well financed with cash in business of 14p a share.Surely enough to get some traction on the flow boiler on Europe...where extensive tests by one of the largest European utilities have already been conducted to great success.Be interesting on company comment on latest government pronouncement. | kooba | |
08/2/2017 16:55 | New research just released from Equity development www.equitydevelopmen | brummy_git | |
08/2/2017 16:29 | That's it for me here now. Shame been a long term holder & probably kept the faith too long. Not willing to sit & watch ALL my remaining cash in this one recede any further while directors continue to take huge salaries. Taken a hit on this one but not had one for a long time so guess I was due one. Good luck if you're still holding, I genuinely hope this turns around for you. CM | cheaky monkey | |
08/2/2017 16:20 | I'm with flow energy so no doubt a price rise later this year:( Pity because their service is good and user friendly. Paul Scott's comment seems sensible but the board want to keep their salaries going as long as possible presumably and who's going to stop them. | paleje | |
08/2/2017 16:16 | Agreed.However they still need to address $ based cost issues though....but since Jabil has put in a heavy investment in the manufacturing facility there may be some renegotiation possible.It would also be a very good wide spread test bed for their European customers to observe as part of trials and if they do licence abroad then Jabil would head list of companies for manufacturing duties? | kooba | |
08/2/2017 15:59 | The more I look at the RNS from flow the more I think they were not aware of the governments response coming out on the same day in which case I would expect to see another RNS along the lines of "Flow notes the Governments response to the consultation and it will make no difference to us!" | grandwood | |
08/2/2017 15:19 | Was it this response from government that drove the RNS from Flow? Both FLow and Jabil are included in the list of 77 respondents to the consultation. This document was also apparently released today so did Flow have some sort of heads up it was on its way in order to draft their RNS before market open? Or were they unaware of it and the two coming out on the same day is just a (laughable) coincidence? "Government has considered the evidence provided by industry during the consultation, which demonstrated significant investment in the sector and progress made in terms of bringing a commercialised product to the market [who might that be?]. Government has therefore decided that the proposed £1m spending cap for mCHP may significantly stifle future investment, reduce investor confidence and prevent the cost reductions needed in order for mCHP to deploy at scale [obviously!]. However, maintaining the original cap of 30,000 units would exceed the amount of underspend that is currently available (costing up to £18.6m) and breach the £100m limit, which would impose unacceptable additional costs to bill payers.[....]Governm This apparantly equates to just under 4k units a quarter for the next year with any installs accredited through MCS prior to the start of April excluded from the cap. | grandwood | |
08/2/2017 14:32 | Big companies like British gas etc would never allowed such boiler. I made snall profit around 20 pence and gotbot luckily. Good luck guys | piotrslab | |
08/2/2017 14:26 | Paul Scott's view on his Stockopedia site. Couldn't agree more. Thank you Paul if your'e reading this. Flowgroup (LON:FLOW) - lots of detail in this update, all of which combines to make me even more convinced that this share is a dead loss. Its innovative boiler, which seems to be solving a non-existent problem, is now not considered economically viable in the UK, due to low feed-in tariffs. So they're going to instead try to crack the European market. This might entail disposal of its energy supply business, or a Placing. Sounds like they're flogging a dead horse. I'd be pushing to maximise shareholder value, not squander the cash on pursuing new markets. | 1fox1 | |
08/2/2017 12:56 | The specifications for the boiler have been around for some time and also there are boilers fitted so actual performance data should be also be available. If the boiler is providing major cost savings then I would expected major companies to be interested and boiler installation companies to be getting involved. As stated before producing, selling and supporting a product, even a good one, needs a good management team with a coherent plan. IMO I do not see this. While I like to see management being rewarded for success, there seems to be a trend that shareholders are paying ftsee250 salaries to small cap people. Made some money on these a while back, still have a very small holding @ around 6p | nearlythere | |
08/2/2017 12:12 | game over man | larva | |
08/2/2017 11:51 | I am buying at this level; the energy business (270k customers) has to be worth at least double the current market cap. And if they're clever, one of the big six will snap this up and keep it as a separate entity...bit like HSBC and FD.... | grandwood | |
08/2/2017 11:41 | 1fox1 - sure, point taken. But sales take effort and resource and follow up, together with a bunch of supply chain/support/commer | courant | |
08/2/2017 11:15 | Tony the ceo has his straw in this ones bank account Sucking 500k out of it annually. Slurpy Slurpy, that noise when you getting to the bottom of the drink | larva | |
08/2/2017 11:07 | Is this kaput?... | diku | |
08/2/2017 10:56 | I totally agree courant I am happy with this course of action | moorsie2 | |
08/2/2017 10:45 | Interesting announcement, which doesn't tell me anything I think I didn't already know, other than the active intent to sell the energy business. This outcome of the strategic review makes absolute sense: my investment case here was always that the energy business justified the valuation and some, with the CHT boiler in for free. Splitting this business, now that the UK sales route has vanished, is ideal. My reckoning is that the energy business is worth somewhere between £30-50m, at a market cap of £17m and with net cash of £5.8m, albeit with a lossmaking business attached, this appears to be significantly mispriced. Risks are that a sale doesn't go through, the boiler business doesn't take off, and this significantly erodes the value of the company. | courant | |
08/2/2017 09:08 | Think they had a $ based manufacturing agreement with Jabil....if there was a positive result from FiT negotiations then it is not impossible that things could be renegotiated as some costs are obviously £ based.Any European progress would most likely result in a licensing agreement and separate manufacturing arrangements by the licensee. I view this as positive as TS is very much a energy supply man and has built up that division....to sacrifice that to push on with the boiler shows confidence that the boiler will gain traction imho and the upside from that scenario is greater than energy supply.Question is what price Flow energy....can't imagine an industry transaction much less than £150 a connection...also takes one of the more successful competitors out too. | kooba | |
08/2/2017 08:22 | Don't misunderstand me - I was making a general point that it is worrying and disappointing that a UK emerging technology company sees its future more suited to manufacturing and developing and selling its product in mainland Europe than the UK. Not a good example for the "new economy" that is emerging | moorsie2 | |
08/2/2017 08:14 | It's not a "Brexit impact directly": saying they are worse off as a manufacturing exporter as a result of a lower exchange rate can only mean they are having to import most items. Should have thought out their location/hedging to accommodate/mitigate exchange rate risks. | edmondj |
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