||EPS - Basic
||Market Cap (m)
|Gas Water & Utilities
Smart Metering Share Discussion Threads
Showing 151 to 172 of 175 messages
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|
|New sharewatch tip at the weekend|
|:) told you this is being accumulated. Lovely|
|I sold mine when First Utility my gas/elec supplier tried to sell me the service. I asked my son to work out how it would work and what we could save and the answer was not a great deal
So that is how I came to sell as I can't see the vast number of consumers wanting to pay £400 for this unit so look at one of my last posts and you will see that the government may have a problem on its hand.|
|Well someone's buying and I bought in Thursday on break so delighted with Friday's performance. I'll just keep my stop positioned at a sensible level|
|Trading at 34x estimated 2016 earnings.Dont think I could sleep easy holding these but no doubt they will keep going up.|
|By 2020, every home could have a hi-tech gas and electricity meter to cut bills and send readings wirelessly. But doubts are being cast on the £11bn scheme
|Something tells me that the UK Government roll out of smart meters has hit a brick wall and this must be excellent news for SMS.
There is comment in todays Times - Business Section that highlights this but I am unable to post it.|
|Tipped by Midas as a share with good revenues and the barriers to entry of cost of meters. Gave a bit of a boost to the shares today but hopefully we can push on with LTH and onto 500p|
|Why the rise today?|