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Smart Metering Share Discussion Threads
Showing 176 to 199 of 200 messages
|Cracker of a stock results in Dec and plenty of smart meter demand|
|super looking chart|
Smart Meter Madness (7)
It wasn’t as great a disgrace as the infamous 9/11 ‘Good day to publish bad news’ fiasco. But the current Government’s attempt to hide the bad news over the UK smart meter rollout only reinforces my view that the programme is perilously perched on the precipice between farce and tragedy.
With full credit to the Evening Standard for alerting the British public to the story, it seems that the Department for Business, Energy and Industrial Strategy chose to publish its latest damning indictment on the programme just hours after the results of the US presidential election even though the report was written in August.
The report, Smart Meter Roll-out Cost Benefit Analysis comes in two parts totalling over 120 pages and simply serves to reduce the mythical net savings of the programme by some £400m. I urge you NOT to read the report as you will lose the will to live as surely as did I. It contains detailed assumptions, calculations and estimates for a business case that never made sense from day one.
Let me explain. The calculations for the net present value of the costs and benefits of the programme are based on an 18-year horizon from 2011, which takes us to 2029, assuming the rollout completes in 2020.
It can't and won't!
Why not? See Shock horror delay on UK smart meter rollout and work back.
Very simply, the Government must stop this madness NOW. They should not spend a further penny of taxpayers’ money chasing this impossible dream. By all means let the energy companies continue to install smart meters at their own pace and cost. But the plan to create an integrated ‘smart’ energy network for the UK is as fanciful and flawed as was the NHS National Programme for IT.|
|I had my smart meters installed yesterday and I've joined you guys here.|
|Sharewatch cracking buy rec|
|Thanks very interesting it's on a roll almost 80p off highs frenzy of buying at open on Mon|
|I thought so - prompted it by topping up during the week - although still down as chased price higher when it spiked - doh!! Was out on the bike last weekend with a guy who founded the business that supplies the smart boxes to SMS - he says the business is booming|
|Added to SCSW model portfolio nice|
|Looks to have bottomed on the long term chart|
|Actually they increased the number of shares they hold, but it decreased as a % possibly due to the extra shares issued for the last earnout.|
|Old mutual reducing|
2016 interim 1.37p due 25/11/16, ex-dividend date 20/10/16.
Source iii bulletin board under analysis, then fundamentals.|
|Yes it has paid div|
|I'm new to these shares .can anyone tell me if sms pay a dividend?|
|Topped up a bit more. I am wondering if scsw add these to their growth portfolio this month as the write up was incredibly bullish last month and if so means the weighting will increase in my portfolio.|
|Seller cleared ?|
|Doubled up here|
|I think the writeup in SCSW is a little misleading. Albany, your numbers above for addressable market are way off. SMS' market is only the 2m domestic units that they have access to via the 8 energy firms they're currently contracted to. The majority of the 27m market is owned by the big three installers. How are SMS planning on gaining market share outside of that 2m? Not to mention that there is no legal requirement for households to install a smart meter anyway so you can reduce that addressable market by at least 50%.
If you look at the last results and the First Utility announcement you see that for the next 18 months they only hope to install 300k meters. So 1Q18 will see an additional 300k meters installed (not guaranteed) and that will add £16m onto the current £39m of recurring domestic installs. That's 20% CAGR but I don't see how they can get bigger growth unless they are signed up by the tier1 suppliers.
Has anyone seen the house brokers note? If I look at Stockopedia, the current FY estimate is 65.3 which is low. I'd estimate that they'll do at least 70m if I add that 16m onto the FY15 totals. That excludes extra income from the installation side after the recent purchases and I'm not taking into account the I&C side. So what's that? A range of £70-75m for FY17. I don't get where the Stockopedia net profit for 2017 comes from as if I use the same 35% margins and maintain the costs at 5m I get £19.5m net profit for 2017. Stockopedia are showing a 20.9 net with revenue of 65.3 which doesn't add up.
Edit - actually, I need to add that £16m onto the trailing 12 month so my FY17 numbers go to £76.7 revenue, op profit of £26.8m and net profit of c.£22m, EPS of 24.4p and a price target of £6.84 at today's PER.|
|if they have 2m meters in four years then it is £600m of capex but generates £108m of repeat income at near 100% gross margin
108m in year one
108m in year 2
108m in year 15
what i like is that everyday there is a few more metres being added
market 27m -45m metres
nice to see lion trust holding 12% of these too|
|Tight market both ways........be careful.|
|Bought in twice 4 years ago at £2.24 average price. No plans to sell now. The article in Sharewatch tipping SMS, ref. nw99 above, makes interesting reading.|
|Starting to move, 700p here we come|