Bglobal Share Discussion Threads

[dnfa1975] 20/7/2010 09:50

up up and away

small spread 47.5 - 48, looks ready to go up again

[dnfa1975] 20/7/2010 08:54

no was on the laptop.


level2 firming today

[yoyoy] 19/7/2010 16:50

16 mins - must live over the newsagents

[dnfa1975] 19/7/2010 15:42

just went out and bought the investor chronicle

big BUY recommendation on page 57 - recurring service revenues rose 126% WOW!

[dnfa1975] 19/7/2010 15:26

this is gonna fly, dont think we have seen the real share price gain yet

maybe there is more contracts

[substp] 19/7/2010 15:23

Utilisoft Launches into Gas Trading 19 Jul 2010

Utilisoft today announces the launch of IGNITE, its first software solution for the UK Gas Trading Market. IGNITE is a Gas Trading, Scheduling and Nominations solution which allows Gas Traders and Shippers to manage key before-the-day, on-the-day, or after-the-day processes in accordance with the Network Codes that govern operations.



IGNITE provides Gas Traders and Shippers with the capabilities to:
■Capture NBP trades from external systems,
■Dispatch aggregated trade positions as Nominations,
■Dispatch information to ETRM systems, and
■Perform trade validation and matching.

Failure to manage these processes properly results in financial penalties from the Network Operators, and potential commercial loss to counterparties with whom the Shippers conduct business in trading activities.

John Furness, Managing Director, commented, "Utilisoft's first step into the Gas trading market is a significant milestone for the company. We are now able to offer full duel fuel capability to the UK energy trading sector.

IGNITE provides a set of scalable components available to both existing Gas market participants and to smaller entrants to the market with aims to grow their presence. In addition, the long term product roadmap for IGNITE provides enhanced functionality covering a variety of new features."

An additional Utilisoft Gas Trading module, TradeBlotter, is soon to be launched which can be used for manual trade creation where ETRM systems are not adopted by clients.

Utilisoft's IGNITE project is led by Julian Coplestone, who joined the companyin 2008. Julian has years of experience in the gas trading market, previously working for businesses such as BP and RWE.

[melody9999] 19/7/2010 13:05

5070481 - you may be right. But losing less money was already priced in. They did not achieve profitability - and yet what happens - 30% price hike. But there is one certainty - as PIs we will be last to know the news.

[wolterix] 19/7/2010 11:54

this might be it?

July 19, 2010

BT and partners propose secure long range radio for national smart meter rollout


BT Centre
BT today announced it is joining forces with Arqiva and Detica to offer a dedicated and secure long range radio communications solution for the Government's proposed smart metering initiative. Due to cover 28 million homes and small business properties by 2020 or sooner, this multi billion pound initiative is designed to reduce energy costs and lower Great Britain's carbon dioxide emissions by 2.6 million tonnes per year when the rollout is complete. Long range radio has already proved successful in North America and offers substantial benefits in Great Britain.

[danielsimmons] 19/7/2010 11:52

just look at the rise, takeover coming

[5070481] 19/7/2010 11:19

why do people think this is anything other than the fact that they announced good result. A return to profitability was a very significant step.

[melody9999] 19/7/2010 11:11

This is more than an IC tip now. I wonder if one of their major partners could be looking at acquiring them. Is anyone going on to Alphaville in case it comes up there? My full time job will prevent that.

[dnfa1975] 19/7/2010 11:07

anyone else think this could hit a quid this year?

[dnfa1975] 19/7/2010 11:06

heading into space11!

[substp] 19/7/2010 10:58

Curiosity has the best of me at this moment Melody ....... :-)

I believe that would be positive news for us weatherman if its true .

[dnfa1975] 19/7/2010 10:57

penpont - 16 Jul'10 - 15:53 - 382 of 393

The IC reiterated their buy tip in today's issue, concluding:

'With revenues set to double again this year, and the shares trading on a modest forward PE ratio of nine, the investment case remains as compelling as ever. So, although Bglobal shares have drifted down since our buy tip (52p, 8 Jan 2010), we reiterate that advice. Buy.'


Anyone got this piece

[dnfa1975] 19/7/2010 10:55

probably a bid or a fund manager wanting to buy the shares. were 60p+ so could be quite a long way up to come from here imho. maybe even a pound on this run?

[melody9999] 19/7/2010 10:39

this is a large rise over a couple of days. not complaining but does anybody know why?

[weatherman] 19/7/2010 08:49

Rumours are that the BG vacancies were mostly filled internally.

[substp] 19/7/2010 08:21

From the results :

"We have secured sizable orders for the current financial year.
It is now essential to focus on the fulfilment of these orders and on following through with long-term data management services."

"It is vital to work in closer partnership with our customers to ensure an orderly and planned delivery of installations. Amongst the key challenges is how the Group sensibly builds its capability to match confirmed orders and how it recruits, trains and mobilises an extensive field force in balance with this demand without over or under resourcing. This challenge of gearing capability to demand should not be underestimated, nor should risks posed by short term events on logistics such as prolonged poor weather which can affect operations."

"Partnerships were developed with several third parties to install meters on our behalf. Whilst these third parties have been slower than expected to deliver both trained staff and meet with expected performance levels, the Group has benefited through greater flexibility in its field operations and continues to grow this capability."



This is a very fine line that they have to walk to keep the customer at the forefront and to keep expenses at a reasonable level.

I stumbled across this which for me shed a different light upon their 3rd party problems . Truread who was bought out by Gazprom very recently also uses 3rd party companies such as G4S (notice Vital as well) for installation etc.. So there appears to be plenty of competition for the installers .



Lets not forget about BG sucking up a couple of thousand highly skilled people as well .And what about all of the other companies gearing up for the big push on installations ?

[melody9999] 19/7/2010 00:15

Substp - thanks for keeping us updated - very helpful. I like this bit on your link:

Barnes said."We've been profitable in the first quarter [of fiscal 2011] and we're confident this will continue through this year."

[substp] 17/7/2010 18:51

"Aside from governmental issues, Barnes said he is confident of increasing orders and said Bglobal received 20 smart meter contracts directly with business customers, as opposed to them going through their energy provider, in the first quarter of fiscal 2011 alone. In fiscal 2010, it received 45 in total."

"We're in talks on a lot of new deals and contracts--some are quite sizeable--and we hope to report on these soon," Barnes said."These are sizeable business names with some thousands of sites across the U.K."

[substp] 16/7/2010 17:08

:-)

Same boys and gals ?

[julcester] 16/7/2010 16:56

They have a very selective memory sub, bit like the Alphaville lads.

[substp] 16/7/2010 16:43

Even IC tells porkies ..... :-(

Last IC view: Buy, 52.75p, 9 Feb 2010