Share Name Share Symbol Market Type Share ISIN Share Description
Utilitywise LSE:UTW London Ordinary Share GB00B6WVD707 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50p -0.45% 110.50p 110.00p 111.75p 111.75p 109.25p 109.25p 588,916 12:33:41
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 84.4 18.4 20.5 5.4 86.72

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Date Time Title Posts
22/6/201713:49Utilitywise2,805
25/1/201610:47Buy and Sell targets for this share..5
17/11/201512:54(UTW) -----> Utilitywise Plc 144

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Utilitywise (UTW) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
12:03:20110.0030,00033,000.00OK
12:03:13110.0050,00055,000.00OK
11:30:44110.75447495.05O
11:25:12110.75577639.03O
11:17:52110.53577637.73O
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Utilitywise (UTW) Top Chat Posts

DateSubject
28/6/2017
09:20
Utilitywise Daily Update: Utilitywise is listed in the Support Services sector of the London Stock Exchange with ticker UTW. The last closing price for Utilitywise was 111p.
Utilitywise has a 4 week average price of 107p and a 12 week average price of 107p.
The 1 year high share price is 202.50p while the 1 year low share price is currently 107p.
There are currently 78,481,680 shares in issue and the average daily traded volume is 189,802 shares. The market capitalisation of Utilitywise is £86,722,256.40.
16/6/2017
13:35
shawzie: Perhaps the following from Utilitywise has in part contributed to the fall in Share price. However is there some unease about accounting procedures? "This means that the Group will not seek previously planned cash advances totalling GBP9.2m during the second half of FY17 and, as a result of its commitment, will also repay a further GBP4.5m as the assumed volume of contracts delivered by the Group for certain suppliers will not be met. These amounts, along with associated VAT, will together lead to a one-off impact upon the Group's cash flow during the second half of FY17 of GBP16.4m with a resultant increase in the closing net debt of the Group at 31 July 2017 compared to the previously forecast position."
09/4/2017
11:17
glasshalfull: UTW Firstly may I declare a position in UTW's peer INSE, so simply look in periodically to compare relative valuations & execution of their strategies. I checked back, & found that I last posted on this thread in August 2015. This was on the back of finnCap downgrading earnings, dividend forecasts and slashing the year-end net cash balance (post 1538 for anyone that cares to look back). At the time I suggested that UTW would not command a strong rating until they were in a position to demonstrate positive cashflow. Share price at the time was c.225p Let's travel back. finnCap had forecast net debt of £0.4m at the end of FY 2015 (31.07.2015) & the full year results for 2015 highlighted net debt figure of £6.7m which was a considerable miss in anyone's book. Now fast forward to the latest interim statement & it appears that UTW are still dealing with the same issue. finnCap released a note last week that indicates, "We have factored in a higher interest charge due to the higher net debt. Our net debt forecasts have increased by £24m in FY 2017 split: £5.5m from prior year adjustments, £16.4m from the reversal of supplier advances, £1.1m from exceptional costs and £0.7m from higher and reclassified interest. We have also reassessed our working capital assumptions in FY18 and FY19 assuming the level of extensions seen in H1 17 continues at 23%." Wow! A £24m increase in net debt! That places the 2015 increase in net debt of £6.3m in the shade. While finnCap have left earnings & PBT forecasts relatively unchanged, forecasts for the cash position of the company has taken a significant hit over the next 3 years: - 2017 PBT £18.8m (old £19.3m) EPS 19.5p (old 19.8p) Net Debt £19.7m (previously net cash £4.5m) 2018 PBT £21.0m (old £21.6m) EPS 21.8p (old 22.3p) Net Debt £13.7m (previously net cash £11.6m) 2019 PBT £23.2m (old £23.6m) EPS 24.1p (old 24.3p) Net Debt £8.4m (previously net cash £20.9m) Other commentators, such as the excellent Paul Scott, have produced more extensive reviews that question a number of aspects of the business. To be perfectly honest though, I & others have questioned the revenue recognition policy in UTW previously and I reckon that we have simply observed this playing out with a dramatic fall in cash since the t/s in August 2015 which I alluded to at the beginning of this post. The market accordingly have afforded the company a lower rating as a result. I wish UTW holders well, but I reckon they won't do quite as well as the departing Geoff Thomson who pulled off a masterstroke by selling down 5.4m shares at 290p in June 2014 (13m shareholding reduced down to 8m) when the group employed a different revenue recognition policy. It's been downhill ever since! Thanks, but I'll stick to INSE meantime. Kind regards, GHF
31/3/2017
11:15
eaaxs06: Share price has been weak for the last week or so, and off further today. Not sure what's happening, but doesn't look too healthy.
21/2/2017
16:52
angel81: I have a few concerns here listed below 1. Cash has reduced significantly again despite a rise in revenue. Is this because UTW is chasing extending customers again rather than new customers? As stated in other updates the commercials have improved on this but are not fully in sync; I suspect there may be a significant increase in deferred revenue. The other option, of course, is a large increase in operating costs. Is the Board using borrowed money to pay a dividend to support the share price? 2. No mention of the number of customers which have appeared in other updates. Is this because they haven't increased significantly, i.e. supporting my point above. 3.It is my understanding that the energy services proposition is better suited to larger customers. Given the recent developments and acquisitions is it not a little worrying that these customers do not appear to be taking the bait? I still think there is a lot to prove here, an apparent market leader with a tiny market share, a massive opportunity but slowing in customer growth, a growing revenue but a reduction in cash? Lots of questions not many answers I fear.
08/2/2017
11:07
eaaxs06: I thought the share price was going to build from the run up to 2 quid, at the end of last year. Let's hope the trading update will generate some more interest in the stock.
07/11/2016
13:19
hanfofjohnson: Refering to my username as 'handjob' and 'talking through his rear end' really negates any inteligible discussion you may have and is frankly embarassing. I really didn't think keyboard warrior/trolls such as yourself would be on such a forum. Should you not be off bullying a 13 year old on twitter or vehemently campaigning for trump? I'm slightly disappointed in myself for engaging at all, however I wished to clarify my motive. I initially looked to purchse shares in utilitywise last year when price had dropped fron 3.47 to 2.20. As the company operates in a market that is unregulated and relatively new to the AIM I chose to conduct my own research. Having done this I chose not to invest, yet it has remained on my watch list and I again considered investing when it reached 1.27. At this point they released info on new supplier contracts and I looked further into how they actually make money, which you and others really don't seem to have grasped, hence not understanding that the icelabd deal will not be profitable, but a good headline. I believe the deal has actually cost money but has achieved good publicity, thus slightly increasing share price which is currently their ultimate objective. The reason I initially went against my instinct to post was looking through this forum and others and realising there was an incredible ammount of poorly informed investors. On this forum alone there were posts stating the cash owed from future deals is 'as good as cash in the bank as it's owed by the big 6'. This obviously is incorrect and one of many examples. The real issue in investors no longer do their own leg work but merely rely on investment fund managers (such as woodford) or read a quick 2 page editorial review. This is not normally a huge issue when dealing in established, regulated markets, however this is neither. The big difference of course is the impact of an investment going south to a large diverse fund vs the impact to a single investor. If woodford were to sell his stake in utilitywose today he would lose millions. Utilitywise make money on the uplift on a unit of gas and or electricity. The uplift is the difference between the cost of the unit issued by the supplier and the cost to the customer. E.g. supplier price is 12p kwh utilitywise add 1p. Cost to customer 13p. On average they make £3000 per customer. The customer pays utilitywise not the supplier which is why regulation will be paramount as this commission is currently not disclosed. The reason utilitywise use certain suppliers over others is the benefucial payment terms received e.g. most suppliers will not pay any amount upfront, but will only 'drip feed' in arrears either monthly or quarterly and more importantly will only begin this process when the customers current contract ends and new one begins. This does not fit utilitywise' business model as it causes huge cashflow issues predominantly due to staffing costs. These suppliers are large blue chip companies and they operate on their non-negotiable, established terms. Several smaller and new suppliers have obviously decided to operate differently in an effort to grow their customer base. They take on more risky business' such as pubs, takeaways and restaurants, and as they do not have the purchsing capacity of the large corporate suppliers the price is higher to the consumer. These are the suppliers utilitywise use as they will pay a) 80% total contract value before the contracts are live and b) pay upfront rather than in arrears. The fundimental point to all this is the customer would get the pre-uplift added price if they contacted the supplier directly and so are financially worse off by using utilitywise as they are not under any circumstances given cheaper rates than the if the client contacted directly. The only reason for using utilitywise or any broker, is not for a financial saving but for the time saved contacting suppliers and obtaining prices which can fluctuate daily. A broker is therefore only as useful/valuable to a client as the number of suppliers they have access to. With 53% of utilitywise' business going to just 3 suppliers and increasing, there ethics and morale standards have to be considered. The ideal utilitywise customer is thetefore not a large company like Iceland who will already be able to negotiate incredibly low rates and will indeed have staff in place purely for procurement issues. The likelyhood is no profit would have been made on the unit rates whatsoever and that any profit (assuming there is any and it wasn't a pr exercise) would be from the dashboard controls and t-mac. That would cost between £5-10k. The ideal customer (and bread and butter to utilitywise) is an SME that has little understanding of the marketplace, is very busy and sure as hell doesn't have a procurement specialist. As an example an average restaurant would use 60,000 units per year in gas, if they can get 2p uplift on a 5 year contract that equate to £4800 upfront with £1200 risidual and of course the electric still to come. As the vast majority of business' in the uk is SME or 'enterprise' this is where the profit is made, they do not require or need t-mac or dashboard technology. These huge profit margins are acquired from customers and business' who usually can't afford it and as a small business owner, is one of the reasons I am fairly passionate about this. It could be the diference between a business staying afloat or having to lay someone off. I hope my motives have been explained and you will consider the points i have made.
24/10/2016
13:38
tell sid: In June 2015 there was a Non-Exec Director buy of 300k shares at 262.52p. Finn Cap's last price target for UTW was 274p. All this was before the increase in revenues, profits and dividend, and elimination of debt, announced in the Final Results on 18/10/2016, which also stated rising Earnings Per Share of 18.5p. 274p target with 18.5p EPS = PE Ratio of just 14.8 In 2014 the share price was 370p!!!!!!!!!!!!!!!!!! On current EPS of 18.5p a share price of 370p would give a PE Ratio of just 20 so that is probably where it should be heading especially as EPS will continue to grow and there is now the attraction of the dividend
22/10/2016
11:58
tell sid: In June 2015 there was a Non-Exec Director buy of 300k shares at 262.52p. Finn Cap's last price target for UTW was 274p. This was before the increase in revenues, profits and dividend, and elimination of debt, announced in the Final Results on 18/10/2016 which also stated steadily rising Earnings Per Share of 18.5p. 274p target with 18.5p EPS = PE Ratio of just 14.8 In 2014 the share price was 370p!!!!!!!!!!!!!!!!!! On current EPS of 18.5p a share price of 370p would give a PE Ratio of just 20 so that is probably where it should be heading especially as EPS should continue to grow and there is the attraction of the dividend.
22/10/2016
11:58
tell sid: In June 2015 there was a Non-Exec Director buy of 300k shares at 262.52p. Finn Cap's last price target for UTW was 274p. This was before the increase in revenues, profits and dividend, and elimination of debt, announced in the Final Results on 18/10/2016 which also stated steadily rising Earnings Per Share of 18.5p. 274p target with 18.5p EPS = PE Ratio of just 14.8 In 2014 the share price was 370p!!!!!!!!!!!!!!!!!! On current EPS of 18.5p a share price of 370p would give a PE Ratio of just 20 so that is probably where it should be heading especially as EPS should continue to grow and there is now the attraction of the dividend.
10/8/2016
14:19
aishah: Small Cap report concludes: "Overall - I find the company a little too accident-prone. So it's not for me. Also, I feel that Woodford has supported the price by repeated buying, and now holds 27.1%. What would the share price have fallen to, without him mopping up a lot of the shares? What happens if he changes his mind? (Answer - he can't as that would trash the share price). It's a bit of a can of worms this one, in my view." htTp://www.stockopedia.com/content/small-cap-value-report-8-august-2016-utw-qrt-tcm-you-145953/
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