Utilitywise Share Discussion Threads

[cockerhoop] 19/4/2016 07:44

Last years Half Year Report gave Number of Customers for the end of March in Post Period Events, this years doesn't.........I wonder why?

[bennywin] 19/4/2016 07:44

Since they are putting a lot of money into their growth / expansion I think it's likely that cash will remain an issue for a while.

[hutch_pod] 19/4/2016 07:40

The debt increase was flagged previously.Decent rise in secured pipeline (£24.7 to 26.6m in 2 months), and reduction in renewals (from 42% to 23% of business), so that plus the new payment term should help cash.Revenue and EBITDA nicely ahead of PGs forecast.

[herewegouk] 19/4/2016 07:38

The acquisition of t-mac technologies occurred in the second half of 2015 and cash of GBP6.4m was spent on this. Eliminating this from the movement between the two periods isolates the trading flows which overall equates to a GBP5.4m outflow of cash. The cash is in line with our expectations and the second half is a stronger cash period.

[dlku] 19/4/2016 07:28

However, this large increase in sales did not generate a similar increase in cash, in fact DEBTS went to £10m

[bennywin] 19/4/2016 07:24

A mixed bag.
Nice raise in dividends, growth appears to have slowed though.
Another supplier paying up front is good news, and Geoff Thompson probably feels it's time he had a bit of rest as its been a long hard slog to get where they are now.

[herewegouk] 19/4/2016 07:22

Take your blinkers off now opodio.

[opodio] 19/4/2016 07:10

plenty of bad stuff , gross margin down, tmac impairment, slow growth in go live customers, debts up

[hutch_pod] 18/4/2016 16:19

.. and PG issue a buy rec ;)

[bennywin] 18/4/2016 09:40

Hopefully there will be an increase in dividends and an improvement on cash flow.

[hutch_pod] 17/4/2016 07:28

Interims on Tueshttp://www.proactiveinvestors.co.uk/companies/market_reports/124851/week-ahead-cash-collection-in-focus-at-utilitywise-124851.html

[bennywin] 15/4/2016 12:17

I would have hoped that these numbers would be larger and one can only hope that the sales force have been focusing on the Esos customers and audits.

[hutch_pod] 15/4/2016 11:27

Hi I raised the customer numbers dip to UTW, and they confirmed that the 28.5k numbers were incorrect - rolled in by mistake, but the recent Dell announcement of c29k is correct.

[eaaxs06] 13/4/2016 17:43

Personally, 2bluelynn, I would trust TA, on any AIM stock, as far as I could throw a greasy elephant.

Especially on UTW, which managed only 23 trades all day long.

[2bluelynn] 13/4/2016 17:32

Good bullish engulfing candle

[bennywin] 13/4/2016 08:11

I don't think they are old figures.
They may have been focusing on Esos and their additional offerings, but to me new customers are vital.
The latest additional service will take quite a while to impact on sales and profitability.

[eaaxs06] 13/4/2016 07:41

I’m sure the numbers he refer to must be old figures, benywin.

Either that, or all these new salesmen aren’t pulling their weight?

I’m surprised there hasn’t been more volume and movement in the shares since the announcement on Monday. Mind you, sometimes the price takes a day or two to react to good news.

[bennywin] 13/4/2016 07:21

Brin also mentioned twenty nine thousand customers.
Where has the growth gone ?

[proactivest] 12/4/2016 15:32

Video interview with Brin Sheridan



Utilitywise PLC (LON:UTW) has been named a partner by the computing giant Dell Inc, propelling the group further into the Internet of Things market.
Brin Sheridan, chief operating officer, tells Proactive that the deal will “help enhances the range of technologies we can deploy,” adding that Dell was “very impressed” with its technology’s capability.
The relationship could ultimately enable the Aim-listed firm introduce intelligent devices that help a wider range of customers save money on their utility bills, and Sheridan says he believes “will allow us to acquire and keep more customers because of the services that we can now offer.”

[hutch_pod] 11/4/2016 14:21

Yes, this seems like an excellent move, and does help to put the high price paid for T-Mac into context.

[bennywin] 11/4/2016 13:17

Reading this little snippet, I realised the massive opportunity that lies ahead for UTW

30 per cent energy saving for a retailing chain is a massive save.

" Trials with a major UK retailer in four stores saved 30% on energy costs and only took half a day to install, with Utilitywise expecting to trial with 1,000 customers, of which 100 by the end of June, which will also provide an opportunity to explore the different sale and subscription models "

[thomasthetank1] 11/4/2016 13:09

Read finnCap, Liberum and Panmure's notes on Utilitywise (UTW), out this morning, by visiting www.research-tree.com …
Liberum says "Utilitywise has announced that it has been named an OEM partner by Dell as part of a joint strategy to introduce Internet of Things (IoT) Building Automation solutions to customers. This agreement highlights the value and opportunity in the T-Mac acquisition and further supports the increasingly positive mix shift in Group earnings.."
finnCap says “The group has announced a new partnership with Dell which will address the Building Energy management system (BeMS) market. A 1,000-customer trial is due to commence shortly. While this is potentially disruptive technology, the timing of commercialisation and quantum of financial returns are at this stage uncertain and, as a result, our forecasts remain unchanged following the statement…R21;
Panmure says "Management guided to faster expected headcount growth in H2 than in H1 – where it had been “slightly slower than expected”. The pipeline fell by 6% from Jun 15 to Jan 16, but we would expect it to show flat to modest growth since that time. What we really want to see to allow us to get more bullish, is improved cash collection on NON-extension business, although we think there is little prospect of this at these results. We hope for an update on the £27m of net accruals (o/w half are two years distant)…"

[oregano] 11/4/2016 10:51

it is just a standard footer at the bottom of their announcements, it will not be a current figure.

[bennywin] 11/4/2016 10:20

If that is the case , perhaps it is showing a slowdown in growth of customers numbers which is not ideal.

Saying that, they now have an increasing number of add on services which will help.