Bglobal Share Discussion Threads

[mikeja] 13/10/2009 14:35

remarkably quiet board for a potential 10 bagger.

[mikeja] 12/10/2009 14:59

The maintenance contracts are between £25 and £40 pa.1m meters at say 30 is £30m pa,say 50% margin,£15m on a recurring bases.

[melody9999] 12/10/2009 12:36

ok Mikeja thanks

[mikeja] 12/10/2009 10:57

Melody,a bit risky for you.Suggest you ring Mr Stiff on 01254819600 and ask him to send it.

[melody9999] 09/10/2009 16:44

Hi Mikeja - this is a quiet thread - any chance you could email me the Charles Stanley note if I post my e-mail for a short time?

[mikeja] 09/10/2009 14:57

Sorry about the pun at end!

[mikeja] 09/10/2009 14:51

Have just read Charles Stanley new note suggesting eps of 6.7p for yr to March 2011 and setting tgt of 70p.Also spoken to CFO who is obviously bullish.Besides income from installations there are 10 yr maintenance contracts which will supply a steady revenue stream.Assuming BGBL keeps its 60% share of the mkt that should mean it would instal 1.2m meters foe businesses by cut off date of 2014.For this yr CS estimates are for 45000 meters.By 2013 they should be installing 300000 at least.Then the revenue kicks in big time.CS do not say how many meters they expect next year to get to their profit of £4.5m,my guess is 70000.This yr,the 45000 meters give you breakeven so the profit comes from the extra 25000.Earnings growth should be stratospheric,more than doubling each yr and that is without the far bigger residential market wher BGBL already has good connections.

[mikeja] 08/10/2009 12:01

there is plenty of stock around,have just bt 50k at 45.1

[melody9999] 08/10/2009 09:41

Meanwhile looks like MMs getting a bit short of stock and starting to play some tricks! Largish buys result in spread widening on the downside.

[melody9999] 08/10/2009 09:40

TU - just can't get enough product out of the door it seems. And the new product for SME / private households should be an easy sell-in with the establised reseller network they have with BGas, NPower etc.

What a nice place to be! I'm sitting tight - enjoying the ride - and anticipate the next step up for the share price

[melody9999] 23/9/2009 21:28

correct dasv - always good news though if you have first mover advantage. When demand is guaranteed to increase so much, there is room for competition.

[dasv] 23/9/2009 09:27

US or global market will be $12bn in next 5 years? BGlobal faces competition at some point.

"GE said in May it expected the market for so-called smart meters that help distribute electricity more efficiently to grow to $12 billion over five years. GE has partnered with Cisco Systems Inc. and other companies to build a system in Miami. "

[rolvenden] 23/9/2009 08:00

Kab
ty

[kablinsky] 22/9/2009 18:22

rolv - it showed on plus. type bgbl.gb into your monitor.

[rolvenden] 22/9/2009 16:47

Bought 9787 at 4.00pm today.Did not show on Trades why ? recommended by brokers today value 65p.

[melody9999] 22/9/2009 00:16

Hi Chris - agreed - this is typical price action for a growth share too - a major rise and then a re-trace of 33% before buyers come back and upward momentum starts again.

BGBL rose by about 27p last week - (24p - 51p) and then dropped back 33% ie 9p to 42p. Expect share price to climb back up unless major market disturbance.

O/T but look at VRP - increased from c 6p - 18p and has now fallen back 4p to 14p. Will we see the same there? DYOR.

[chrismez] 19/9/2009 16:43

melody - I haven't top-sliced either - I am beginning to think the sky is the limit for this little beauty, to wit - finance arranged and in place, healthy order book, new orders and deals sprouting up left, right and centre and ranging from ... Gazprom to Superdrug! Firmly of the opinion that we can expect more deals in the coming weeks and I think management are handling this aspect of things very nicely, not just in their negotiations but also in the way the news is being released to the market. Sp had a cracking week breaking right back to float price and thru previous levels of resistance on the way - so chart looks explosive. There's no reason IMHO why this cant now break out into new ground and onwards to £1. A few more RNS's announcing new deals should see to that. I dont believe the little retrace has affected momentum at all, in fact every riser needs a small pullback to begin the next leg up. Anyway here to stay for a while and to enjoy the ride! Cheers CM

[melody9999] 17/9/2009 15:16

expected that price would retrace a little short-term. However I am not topslicing this one. It has attracted some attention now and expect buyers to appear in due course.

[interceptor2] 15/9/2009 20:47

Stregrego and dasv

I did exacely the same from 20p to yesterday, I was tempted but thought, no wait for pullback.

Can't win them all............

[chrismez] 15/9/2009 18:55

Wow - just got in from work - seems I missed some fun today. I should go to work more often !!

[gwr7] 15/9/2009 18:11

Institutions will want shares in this. There is a huge market that will drive growth for years.

[vadis] 15/9/2009 13:58

THis went up on share price been pushed up by mms rather than been forced up up buying. Seems like they wanted shares. When selling started dropped price and when dried up kept pushing price up and up and up.

[dasv] 15/9/2009 13:32

yep I thought about it last week too - was waiting for a pullback. Doh !

[stegrego] 15/9/2009 13:13

Ive looked at this 3 times in recent times - once at 20p (nah gone up too much) after gazprom - nah up too much and today.....

Feeling rather silly atm.

Good luck all holders!