Flowgroup Plc Share Discussion Threads

[entropy22] 20/3/2017 16:05

Somebody with credentials has suggested that figure, not me. Somebody without credentials disagrees. That's fine 1fox1

[1fox1] 20/3/2017 12:28

A potential 70m energy company. What planet are you on entropy? I think I'll start a gas company and say hey it's got the potential to be worth 100m ha ha

[glennrcharles] 20/3/2017 11:21

Lots of small companies in my portfolio down today...

[entropy22] 20/3/2017 10:39

Seems inconceivable that a potential £70 million energy company should be trading at this price. Something we don't know or nervous investors being shaken out before a move up? What are the large share holders making of all this? Make or break time for the CEO!

[lunanlodge] 20/3/2017 09:48

Yes 1fox1, I fear this is heading south as I don't see anything changing short term. My biggest loser by far from the neck down.

[1fox1] 20/3/2017 09:12

Now under 4p with no word from our illustrious leader. Well done Stiff you're doing a great job. With a total market cap of only 12.3 million what's he hoping to sell the energy business for, 2 bob?

[paul the octopus] 27/2/2017 19:09

surely next AGM wull see capital reorganization to lower nominal to 1p to allow for capital raise, the sooner they come clean on this the better, otherwise share price keeps falling...

[diku] 27/2/2017 09:59

Is this a banana skin?...

[1fox1] 27/2/2017 09:49

New lows this morning....... Well done Stiff. By the way I was reading up on his past track record..... In my opinion it doesn't look that promising to me...........

www.flowgroup.uk.com/investor-information/our-leadership/


Bglobal plc............Atlantic Electric and Gas Limited..... Where are these companies now?

[ironhorse] 20/2/2017 16:42

Have a look at Our energy. A customer owned energy start up. I'm in for £50.

[pugugly] 19/2/2017 08:30

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.

[trader2] 19/2/2017 08:24

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.

[1fox1] 13/2/2017 16:48

73 million!! What are they smoking over at Cantor?

[entropy22] 12/2/2017 19:22

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.

[value viper] 11/2/2017 17:22

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

[1fox1] 10/2/2017 16:02

Already said I have a target price in previous post.

[kooba] 10/2/2017 15:31

I do not agree with you.But I suggest you practise what you preach.

[1fox1] 10/2/2017 14:52

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

[1fox1] 10/2/2017 14:49

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?

[kooba] 10/2/2017 14:02

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

[1fox1] 10/2/2017 12:29

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.

[philjeans] 10/2/2017 11:38

Some nice large BUYS coming in now. Heading North.

[kooba] 10/2/2017 11:26

Apart from a year ago when they ran up from 14p to 24p before the EU vat fiasco...all about timing I suppose.

[1fox1] 10/2/2017 11:04

In case you hadn't noticed the flow of this dog has been down for the past two years.

[glennrcharles] 10/2/2017 10:51

Go with the flow..