Bglobal Share Discussion Threads

[m.t.glass] 12/3/2008 14:42

hywel - if you are around - can we have a clickable link to the company website within the header please? Always useful - especially as the advfn data doesn't include it.

[m.t.glass] 12/3/2008 14:37

"..We will roll out smart meters to medium and large companies over the next five years, providing greater incentives to reduce the amount of energy they consume..."

(Chancellor of the Exchequer, Alistair Darling, in today's Budget Speech)

[rolo7] 10/3/2008 20:17

I wonder if there be anything green coming up in the budget this week, a piece on watchdog tonight stressing the need for metering as NP had complaints.

[m.t.glass] 05/3/2008 12:58

Climbed more than a third from that December low..

[hibberts] 21/2/2008 11:19

First smart meters for Scotland


Ian Marchant,
CEO, Scottish &
Southern Energy

Perth, U.K. --- (METERING.COM) --- February 13, 2008 – Scottish Hydro Electric, part of Scottish and Southern Energy, is the first utility to introduce smart meters to its Scottish customers. The utility provides services to 8.5 million customers, and was recently ranked No. 1 U.K. Domestic Electricity and Gas Supplier in Customer Satisfaction by J.D. Power and Associates – the first time any supplier in the U.K. has been ranked No. 1 for both electricity and gas.

The smart meter deployment is part of their drive to continue to improve service to customers. The first meters are being trialed in Alyth, with a view to establishing their effect on energy consumption. The meters – which will collect data from both electric and gas meters – will also provide customers with real-time information about their energy usage, what it is costing them, and what the effect of this usage is having on the environment.

The company said that this trial, which is being conducted in association with Alyth Environmental Group (AEG) and Save Cash and Reduce Fuel (SCARF), also involves the use of a wide range of energy efficiency measures with the aim of helping the entire community cut its energy use by 10% over the next two years.

[masurenguy] 10/2/2008 16:59

I bought some of these just after the IPO but sold out for 62.8p, at circa breakeven, when the credit crunch started in August. Good future potential here so it remains on my watchlist but interim losses of £1.6m on sales of £2.5m doesn't offer much support even at 37p in the current market climate !

[harrythehorse] 10/2/2008 16:45

Tipped in today`s Sunday Telegraph. This seems a very quiet thread. Nobody interested?

[iandippie] 14/1/2008 08:44

Excellent announcement today. First big contract with major energy supplier.

This is what the chairman said during the interims...

"There are now signs that a number of major energy suppliers are ready to
commence large scale installations of smart meters and the Board is confident
that the Group will be a leading player in what will be a fast expanding
market."

Could be the start of a string of announcements...

[gwr7] 18/12/2007 09:07

Sales in six months from flotation were below expectations at the time of flotation.

[hopeless698] 28/9/2007 07:09

When it gets to 30p then this will be more realistic! Agood solid company in the making

[masurenguy] 26/9/2007 07:36

You mean this, I assume !

ANNUAL GENERAL MEETING

Bglobal plc (AIM: BGBL), the leading provider of smart metering solutions to the energy market, will be holding its Annual General Meeting ("AGM") today at 12 noon at Arkwright House, Arkwright Court, Commercial Road, Darwen, Lancashire BB3 0FG. At the AGM, James Newman, Chairman, will make the following statement: "As indicated at the time of our preliminary results in August, meter installations for our utility customers are behind our first half expectations although the market continues to develop very positively. Negotiations with current and new utility customers are progressing well and we have tendered for a number of new contracts. As a result, we should see an increased rate of installations during the second half of the year. Additionally, there continues to be significant interest from the commercial
sector in response to the opportunities and benefits that smart meters can
deliver and this area is being targeted by our recently recruited sales team. The Company intends to announce its interim results for the six months to 30
September 2007 in early December."

[hopeless698] 26/9/2007 07:08

Dosn't sound good news!

[stegrego] 06/9/2007 15:47

Got a Strong Buy rec in this months Penny Share Prophet fro Hargreaves Lansdown...
Also got a large feature in SCSW this month - but they said it wasnt for them at the moment..

Below is the PSP feature..

Founded in 2004, Bglobal is the leading
provider of smart metering solutions for the
UK energy market. It joined AIM in April
2007 having raised approximately £7m.
Smart metering has been around for a number
of years but high energy prices, poor billing
performance and pressure from green activists
to reduce carbon emissions are currently
emphasising its importance. Awareness has
also been increased by the Government's
recent White Paper on energy.
The basic activity of the group is data collection
and aggregation, which generates
recurring, growing income. While meter
installation and operation currently generates
the bulk of revenues, as the meter base grows
revenues from the data side will become more
important. Meters have a working life of
around 10 years. Importantly, the group has
secured Energy Industry accreditation for
both areas of activity.
Businesses using Bglobal's services are
able to control and monitor their energy
usage more effectively. The system is online,
allowing remote collection and analysis of up
to the minute energy consumption data.
Most businesses, regardless of size, can benefit.
The next stage in the company's development
is already under way. At the moment the
main users of smart metering are commercial
and government organisations. Bglobal, however,
is currently involved in a joint manufacturing
and supply agreement with EDMI to
develop a new generation of smart meters
suitable for deployment in the residential market.
EDMI is a premium designer and manufacturer
of innovative and technologically
advanced electronic energy meters and metering
systems.
The results for the year to 31/03/07
showed gross revenues up from £291,053 to
£2.81m, with gross profits up from £64,158
to £684,578. The figures reflected rapid
growth in meter installations, with around
20,000 meters installed at the year end. It is
too early to make a profit forecast, but we
think that a movement into the black may not
be far off.


Opinion: The company is rapidly becoming a
leader in the provision of the infrastructure to
allow businesses and individuals to manage
energy usage.
The approach is internet based and data driven
so could have wider applications. Consider as a
strong buy.
(Bglobal is quoted on the higher risk Alternative
Investment Market. See important investment
notes below. We met with the management on
07/08/07).

[iandippie] 07/8/2007 10:02

I had an article from Shares Mag when these floated, and I can't bloody find it now! It detailed the expected losses this year. Does anyone know if the losses are in line?

[masurenguy] 06/8/2007 16:46

Todays 5.7% rise is on the back of a minimal volume of less than 30K shares traded. Looks like the MMs are anticipating good results tomorrow - hope that they're right !

[masurenguy] 06/8/2007 14:43

"EOC74 - 18 Jul'07 - 14:11 - 15 of 16: Does anybody know where one could get some more info on this company?"

Try their website:

[iandippie] 06/8/2007 14:33

New highs. Cooking on gas now!

[eoc74] 18/7/2007 14:11

Does anybody know where one could get some more info on this company? What does this software do? Does it conserve energy? Does it save site visits? Theres a huge market with Mobile operators who have power meters installed at all their sites and they need to be reported back for billing. Can this do that? Thanks in advance.

[masurenguy] 06/7/2007 19:52

Looks like the IC coverage has put BGlobal on a number of radar screens today.

[stegrego] 06/7/2007 08:19

Nope - just watching for now - volume is incredibly low and i need to see some RNS' released before id take the plunge

[masurenguy] 06/7/2007 08:16

Ah - cheers Steg - are you a holder here too ?

[stegrego] 06/7/2007 08:15

Mas - is tipped in IC today i think

[masurenguy] 06/7/2007 08:13

The price has drifted down a little in the past couple of weeks on no news. This morning there has been half a dozen small PI Buys at the open which has pushed it back up 3.5% - is there some relevant news somewhere ?