Utilitywise Share Discussion Threads

[buffetteer] 17/2/2016 19:27

From my discussion at the Agm it won't be until 2017 that the cashflow issue will be fully sorted so anyone expecting it to be will most likely be disappointed .i believe it to be improving and as more supplier terms are changed it should improve further. They are dirt cheap ,growing fast ,and are on sale due to the cashflow. It will either be seen as a great buying opportunity or ...
Remember this business is only 9 years old and heading for £100m

[eipgam] 17/2/2016 15:40

FinnCap Reiterates Utilitywise PLC Corporate GBX 270
Liberum Capital Reiterates Utilitywise PLC (UTW) Buy GBX 270
Panmure Gordon Reiterates Utilitywise PLC (UTW) Hold GBX 174

[bennywin] 17/2/2016 08:28

On a bright note, annual sales should top 100 million this year.

[glaws2] 17/2/2016 08:22

Adam

The term management expectations is usually used at the interim stage if there are no broker forecasts for the interims (and therefore, by definition, no market expectations for the interims).

[adamb1978] 17/2/2016 08:20

Comforting TS - 'management expectations' usually means something slightly higher than market expectations and increasing customer numbers always good.

I would hope that given they trade on a whisker under 9x Jul-16 (with accompanying 4% yield) and they've confirmed that they're on course to hit those figures, this puts something of a floor under the share price.

[eaaxs06] 17/2/2016 08:12

Well, that's brought a few buyers into the market.

Better than I expected.

[bellymonster] 17/2/2016 07:52

Re trading statement

Didn't sound that convincing to me. So much more debt and no explanation why.

I really expect these to drop this morning, increasing my losses further.

[le4r] 17/2/2016 07:51

Agreed Bennywin - my first thoughts were OK, not fab. But then I suppose customers are not going to increase in a straight line - somewhat like buses. I'd like to see more as the year progresses - more commensurate with higher headcount (which needs to support the growing financing costs)

[glaws2] 17/2/2016 07:49

A cautious statement - but customer numbers have increased by nearly 13% since July. Why has debt increased so much ?

[bennywin] 17/2/2016 07:24

Re trading statement

I am a bit concerned that customer numbers have only grown by a couple of thousand since September.
At this rate growth will be slow.

Perhaps the sales Team were focused on other things, and the 40 million Enterprise figure is impressive.

Add in the corporate division and you would expect revenue to come in at over 100 mill for the year.

Not being sure what mangement expectations are makes it difficult to know exactly where we are at.

I also noticed that the net debt seems to have increased and could not work out why.

All in all pretty happy but not delighted.

[bennywin] 16/2/2016 18:24

Thanks Einstein

[qs99] 16/2/2016 16:06

looking at prior year's isn't a trading update usually out around now? DYOR...

[mike24] 16/2/2016 15:55

why has the share price spiked? chart looks good

[bennywin] 13/2/2016 08:09

CEO is on holiday until mid week, so perhaps we will have to wait until next Thurs or Fri.

[le4r] 12/2/2016 19:25

Hope so Benny. Perhaps they're spending the weekend toting up all the new client numbers! ;)

[bennywin] 12/2/2016 16:03

Would have thought it was going to be this week.

Hopefully early next week now.

[le4r] 12/2/2016 13:52

Anyone know when we should expect the next update? Last year was 13/02, which would translate to today (2nd fri of Feb), so I expect to be imminent...Any thoughts?

[bennywin] 09/2/2016 15:53

Have faith in the management but not in the market place and market makers .

[hutch_pod] 09/2/2016 15:38

Yes. Nervous but with faith.

[eaaxs06] 09/2/2016 13:40

Keep the faith, benny.

[bennywin] 09/2/2016 08:49

I have to admit to being a tad nervous myself.
it appears the world is talking itself into a financial death spiral.
I am also a tad concerned that growth seems to have gone from over a thousand customers per month to over 500 per month.
On the plus side, they now have loads of extra bolt one they can sell to their existing customers.

[hutch_pod] 08/2/2016 23:15

Maybe the market will have stopped panic selling by then too.

[bennywin] 08/2/2016 22:53

Thurs or Friday my guess for an update.

[pj 1] 03/2/2016 22:48

Hutch_Pod 29 Jan'16 - 18:33 - 2306 of 2306 0 0

Inse results yesterday probably helped sentiment too.
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INSE gave an inline trading update to revised forecasts on 28th January. Results due on 21st March