Inspired Share Discussion Threads

[spooky] 25/1/2017 15:22

Adjusted PBT was up 44% in the first half but i suppose it depends if you believe in the adjustments.

[itr7] 25/1/2017 15:19

Spooky. "projected to be up more than 100% this year" - but that's a projection so unconfirmed. last 3 years full year PBT figures taken from annual reports are:

2015 2014 2013
3.49 2.98 1.75

So 14 to 15 was a 17% rise off a low base.

So I wouldn't say that it is misleading to say that PBT has moved up consistently but slowly. You can play with percentages but given the market cap of the firm vs the small absolute numbers of PBT I would say this is not an aggressive growth stock - which was my original point.

If the trading update shows a big jump in PBT this year, then I'd change my view.

[spooky] 25/1/2017 12:33

itr7 - 'PBT has moved up consistently but slowly over the last few years'. Don't know what numbers you have been looking at but PBT has been compounding at quite a rate, it's projected to be up more than 100% this year. I don't really have a strong view on the company but your statement is misleading.

[itr7] 25/1/2017 12:29

The more I look at this firm the more I suspect it is a well run but potentially limited company in terms of near term growth. Energy consultancy is a clear niche, they are apparently very good at it, but there are some very big players in this market attached to the large energy companies. To what extent are they able to take on those firms? PBT has moved up consistently but slowly over the last few years. As a business owner myself I know that sometimes a company reaches an optimal size beyond which the quality of the product comes into question - this is particularly so with consulting services where the level of experience and knowledge of the founders is hard to replicate. I am looking forward to the update as I think this will give me a good indication regarding INSE's ability to break out and therefore whether to stick with them over the longer term.

[rivaldo] 25/1/2017 09:27

Nice 70k buy at 13.4p has caused an uptick - trading update soon as per the above?

[wanttowin] 23/1/2017 12:17

Seems we still have someone offloading, another 1.5 mill dumped.

[wanttowin] 20/1/2017 14:57

Been waiting for a little dip, managed to get my small top up done, 20000 @ 12.95

[the big fella] 12/1/2017 15:21

1gw - I tend to agree. If the business continues to perform well over the coming years, at some point this has to be reflected in the share price.

[1gw] 12/1/2017 15:09

If they are going to leave the tap on perhaps they could at least increase the selling price to reflect scarcity value!

They have more than halved their personal shareholdings from 32.8% (Janet + Matthew) at the end of 2014 to 15.9% after the October placing. So at that rate they'll be out in another couple of years anyway...

But assuming they want to retain a meaningful stake in the business I would have thought their scope for further sales is now fairly limited - perhaps one more of 5% or 6% to leave them with about 10%.

And perhaps if instead they see themselves exiting in due course, they might want to leave their current stake in tact and use it to negotiate a sale of the whole business to someone who they felt would treat it and its employees right once they have gone.

[the big fella] 11/1/2017 12:04

It is a frustrating hold. About time the Thorntons turned the tap off. Trading statement at the end of this month should read well.

[rivaldo] 11/1/2017 11:42

Good to see INSE promoting their services for the forthcoming deregulation of water in England, noting that Veolia are applying for an OFWAT water retail licence:

[wanttowin] 10/1/2017 12:35

Frustrating hold for sure itr7, but not a worrying one for me, the decent divvy helps. I very much like the business model and feel sure the share price will/must follow the success eventually.
Did a couple of dummy buy/sells, and it seems all the trades today have been sells, yet the mm's aint giving much away. I'm hoping for a dip, been trying to get a little top up done here in the 12's, but so far no luck

[itr7] 10/1/2017 12:14

I like this business - have held it for nearly 2 years so far - but it isn't moving forward from a share price perspective - 5% above my purchase price in 2 years. So whilst I can see what they are doing and like what they are doing, is there a near term catalyst that is going to make this share worth significantly more than it is today?

[cheshire man] 03/1/2017 09:03

Happy New Year to you too rivaldo, 2017 should be a good year for us,,,,,,,IMV

[rivaldo] 03/1/2017 09:01

Happy New Year INSE'ers......good to see an early tick up here.

Consensus forecasts remain at a historic 1.14p EPS for 2016 and 1.37p EPS for this year - almost a single-digit P/E and a PEG of just 0.5.

Plus a sizeable dividend too (0.42p and 0.5p respectively).

[the big fella] 23/12/2016 09:09

Maybe what overhang there has been has cleared, or they knocked off early for the holidays :)

This is one of my largest holdings so I could do with this one finally breaking north in 2017.

[rivaldo] 23/12/2016 09:01

Lots more buying this morning, another tick up and suddenly I can sell loads of stock online at a premium at 13.4p....

[rivaldo] 22/12/2016 16:12

Good stuff GHF. Nice to see all buys today and the price starting to respond.

[igoe104] 22/12/2016 11:32

Keep up the good work GHF, I`ve always got a eye on your twitter feed, which is in my favourites.

[glasshalfull] 22/12/2016 11:01

Bid firmed in recent days and now requiring to pay up for stock. Picked up further 100k this morning.

This is one of my main picks for 2017.

Kind regards,
GHF

[rivaldo] 20/12/2016 12:46

Thirded igoe :o))

Getting a top quality PI shareholder register together here now!

[glasshalfull] 19/12/2016 17:00

Nice to see you here igoe. Further confirmation of the investment case IMHO when investors such as yourself are taking an interest.

Kind regards
GHF

[wanttowin] 19/12/2016 16:52

Welcome aboard igoe.