Eenergy Share Discussion Threads

[barnes4] 12/4/2024 12:25

Awful outfit

[pcok] 12/4/2024 12:06

Topped up. Cash position sorted plus ongoing loan facility plus opportunities to exploit. I feel it is time to be brave.

[lee181067] 03/4/2024 17:38

It's just so frustrating that it drops so much with no news ....makes you doubt if a good investment

[daveme] 03/4/2024 14:11

It doesn't take many shares to move the price of this stock by a significant amount in either direction. Currently there appears to be an overhang that has resulted in the share price dropping recently. Whether the sales are related to the end of the tax year or whether the seller just wants to rebalance their portfolio, I don't know. However, when the overhang has gone I see this share going back up quickly.

With the results coming up with hopefully the announcement of the significant order previously mentioned, I can see this share rebounding fast. It's just annoying that I didn't wait a bit longer before I bought in!

[barnes4] 03/4/2024 13:41

It’s called rinse and repeat

All those inch hi private i’s who weren’t selling for less than a quid are losing their hard earned by dumping at a phat loss
These are the same folk who will be jumping in on the next wave only for it to happen again

Inch hi private i’s 😂😂

[everton448] 03/4/2024 13:21

Back below where we were on March 1st

[pcok] 26/3/2024 12:09

The thought had crossed my mind but for now good they are supportive partners in this growing sector.

[daveme] 26/3/2024 10:55

Interesting comments in the results of Luceco today. Note, Luceco is a 5% investor in EAAS.

In the Outlook section, the CEO says "... the Group is exceedingly well placed for growth through organic and further M&A activity in 2024 ..." and further down in the results it says "As the economy decarbonises it (EAAS) is well positioned to become an increasingly relevant channel in the non‑residential segment, and we look forward to supporting the growth of eEnergy and exploring the potential for increased co‑operation between our businesses".

I wonder if that "co-operation" involves Luceco snapping up EAAS before it gets too big to buy.

[shareideas1] 22/3/2024 11:31

Maybe we are finally going to see a contract or two as discussed earlier in the month and said to be imminent

[shareideas1] 22/3/2024 11:30

Certainly a lot of buyers about

[everton448] 22/3/2024 10:54

A little bit of interest today

[gist328] 20/3/2024 16:05

Thanks , let's hope so

[gist328] 20/3/2024 15:21

What is YU ?

[weatherman] 20/3/2024 14:59

Is Eenergy possibly the next YU?

[lee181067] 20/3/2024 14:33

What is going on with energy.. share price dropping again back to old levels ....been holding for 3 yrs now but feels that movement is slow ....

[toby hall] 13/3/2024 16:43

UT for 1 share .. brilliant

[edmonda] 08/3/2024 16:04

eEnergy - Investor Presentation video presentation - recording now available

Link here:

We hosted an Investor Presentation with eEnergy. Harvey Sinclair (Chief Executive Officer) and Crispin Goldsmith (Chief Financial Officer) provided viewers with an update following the disposal of the Energy Management division.

The team discussed their simplified business model, the strengthened balance sheet, and details of the new £40m facility with NatWest to provide firepower to enhance growth and increase their recurring income stream. Management also answered a range of questions from the viewing audience.

The full video has been divided into chapters as below:
0:00:03 Introduction & summary of key points
0:03:09 Energy Management Division sale
0:05:20 New, simplified eEnergy business model
0:09:00 Market landscape
0:12:33 Balance sheet transformed to fund growth
0:13:49 £40m NatWest facility overview
0:15:36 Operational gearing driving margin improvements
0:16:17 Moving forward
0:19:10 Questions & Answers

[sev22] 08/3/2024 08:29

A smart energy firm that could double its revenue.

A company that designs energy-efficient projects has secured funding that should drive profits higher.

March 5, 2024
by Simon Thompson

*New £40mn project funding banking facility
*Strong growth forecast

Technology-enabled energy services provider eEnergy (EAAS: 7.2p) has secured a £40mn project funding facility with NatWest over 12 years.

The group helps organisations achieve their net zero goals by designing, funding and implementing energy-efficient projects. The new facility will be deployed through a newly formed special purpose vehicle owned by eEnergy, which will become the operator and retain ownership in each completed project for public organisations. It gives eEnergy a unique, compliant off-balance-sheet solution for public sector customers, strengthens its competitive position in tendering for large multi-site contracts, lowers cost of capital, and delivers an attractive financial return on the retained project interests.

It’s a high-growth business. Analysts at Equity Development forecast a surge in eEnergy’s annualised revenue from £17.5mn (2023) to £30mn (2024), rising to £34mn in 2025. On this basis, expect cash profit (pre-central overheads) of £1.6mn (2023), £3.8mn (2024) and £5.1mn (2025). The transition away from ageing fluorescent light bulbs to energy-efficient LEDs is a key driver and one that is being accelerated by the 2023 ban on new fluorescent light bulbs. Analysts note that up to 20,000 schools have yet to implement the change, representing an addressable market of £1bn. The business is also benefiting from the rapid growth of eSolar projects, which account for 40 per cent of group revenue.

Last month, eEnergy sold its fast-growing energy management business to Flogas, a division of support services group DCC (DCC), and should end this year with net cash of £11.3mn. In addition, contingent deferred consideration (payable in two instalments) could add £10mn (capped at £20mn) to the cash pile within 18 months. Effectively, it means the operational business is in the price for £6.9mn as a standalone entity, or 1.8 times 2024 cash profit estimates (pre-central overheads). That’s harsh given that the energy management division was sold on a multiple of 6.5 to 8.5 times forecast 2024 cash profit to enterprise valuation.

I suggested buying the shares at the current price in my 2024 Bargain Shares Portfolio, and they continue to rate great value on a deep discount to my sum-of the-parts valuation (14.5-15p). BUY.

[pcok] 07/3/2024 11:39

Good presentation. Think Harvey must be a bit sad to see all the dark arts tec be sold on but great price and turbo charges the opportunities and clears funding restraints towards 2030 and net zero deadline. They also have kept access to the software for 2 years as part of the deal. Good growth story here if they get stuck in and build the brand which they have an excellent track record on.I am a buyer.

[barnes4] 07/3/2024 11:23

Well that went well

[robsy2] 07/3/2024 10:48

Can’t attend. I’ll listen later.

[babbler] 07/3/2024 10:33

Meeting in 30 mins.