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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Eenergy Group Plc | LSE:EAAS | London | Ordinary Share | GB00BJP1KD31 | ORD 0.3P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 6.95 | 0.00 | 07:31:47 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 6.80 | 7.00 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | 22.1M | -1.43M | -0.0041 | -16.95 | 24.42M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 6.95 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 03/5/2024 | 13:39 | ALNC |  TRADING UPDATES: Kelso raises stake in NCC; Transense joins project |
| 30/4/2024 | 07:01 | UK RNS | eEnergy Group PLC Final Results for the 18 months ended 31 Dec 2023 |
| 22/4/2024 | 10:21 | ALNC | eEnergy jumps on GBP5.2 million contract with Spire Healthcare |
| 22/4/2024 | 07:00 | UK RNS | eEnergy Group PLC Major Contract Win with Spire Healthcare |
| 01/3/2024 | 12:10 | ALNC | eEnergy shares surge on 18-month recovery and NatWest funding |
| 01/3/2024 | 07:00 | UK RNS | eEnergy Group PLC £40m Project Funding Facility and Trading Update |
| 09/2/2024 | 14:04 | ALNC | eEnergy receives GBP25 million from energy management division sale |
| 09/2/2024 | 13:30 | UK RNS | eEnergy Group PLC Completion of Sale and Board Changes |
| 07/2/2024 | 12:00 | UK RNS | eEnergy Group PLC Result of General Meeting |
| 23/1/2024 | 07:10 | UKREG | eEnergy Group PLC Posting of General Meeting Circular |
Eenergy (EAAS) Share Charts1 Year Eenergy Chart |
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1 Month Eenergy Chart |
Intraday Eenergy Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 01/5/2024 | 09:51 | eEnergy Group PLC | 933 |
| 15/8/2022 | 19:00 | Discuss pcok | 5 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-05-09 16:15:00 | 7.35 | 1,360,476 | 99,994.99 | O |
| 2024-05-09 16:08:20 | 7.00 | 350,000 | 24,500.00 | O |
| 2024-05-09 14:29:47 | 6.91 | 30,956 | 2,139.06 | O |
| 2024-05-09 14:25:38 | 7.00 | 4,285 | 299.95 | O |
| 2024-05-09 14:25:35 | 6.92 | 100,000 | 6,924.00 | O |
| Top Posts |
|---|
Posted at 09/5/2024 09:20 by Eenergy Daily Update Eenergy Group Plc is listed in the Miscellaneous Metal Ores,nec sector of the London Stock Exchange with ticker EAAS. The last closing price for Eenergy was 6.95p.Eenergy currently has 351,437,700 shares in issue. The market capitalisation of Eenergy is £24,424,920. Eenergy has a price to earnings ratio (PE ratio) of -16.95. This morning EAAS shares opened at - |
Posted at 01/5/2024 09:51 by cameronrtd Agreed. Despite buying in again recently at 6.5, I couldn't be happier to see the price dip to 5.8. I checked the results, saw that everything was in line with expectations (no new information, in other words) and doubled my holding at an average price of 5.95. As an investor, it's difficult not to lament a price dip, but as someone with money spare, I relish at the opportunity to buy more. Yesterday was just another buying opportunity. Whenever I see the market responding negatively to good news, I'm rubbing my hands together. I like to think about it the way Benjamin Graham put it. When the share price falls, that's risk being removed. In other words, any previously held optimism is being sold away and you are left with just the valuation arrived at by looking at the fundamentals, minus a discount factor reflecting investor lack of confidence. EAAS has a history of making great investments and now, with a strong balance sheet, I see it delivering more high returns. With better financing options, they will be able to scale up to higher value projects. I don't see the latest large contract win shortly after the receipt of £29m and new credit facility as a coincidence. I see it as a turning point regarding the size of the deals we can expect from the company, which should be an exciting prospect for even a cautious investor. |
Posted at 03/4/2024 14:11 by daveme 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! |
Posted at 26/3/2024 10:55 by daveme 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‑residentia I wonder if that "co-operation" involves Luceco snapping up EAAS before it gets too big to buy. |
Posted at 08/3/2024 08:29 by sev22 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. |
Posted at 21/2/2024 14:31 by barnes4 Yep but significant share price downward pressure |
Posted at 09/2/2024 08:26 by sev22 Bargain Shares 2024: eEnergy's net zero strategy will soon be rewarded.Energy-efficiency-as *Pro-forma cash of £18mn (4.7p) *Energy Services unit potentially worth £30mn *Potential £8mn-£10mn earn-out from recent disposal eEnergy (EAAS) is a technology-enabled energy services provider that helps corporate and public organisations achieve their net zero goals by designing, funding and implementing energy efficient projects. The group has grown quickly since listing on London’s junior market four years ago, buoyed by a combination of organic and acquisitive growth. This has not gone unnoticed. Following several unsolicited approaches, the directors recently announced the sale of its fast-growing energy management business to Flogas, a division of support services group DCC (DCC), for an initial cash consideration of £29.1mn (7.5p a share). Around £4mn of the proceeds will be used to pay off intra-company debt and a further £8.1mn will pay off eEnergy’s borrowing. Joint house broker Canaccord Genuity estimates that the group held £1mn cash on 31 December 2023, so on completion of the disposal, which is subject to shareholder approval, pro-forma net cash of £18mn will back up two-thirds of eEnergy’s market capitalisation of £27.5mn. In addition, there is a valuable earn-out agreement that eEnergy’s directors believe could earn the group a further £8mn-£10mn of contingent cash consideration payable in two instalments later this year and in late 2025. The earn-out is capped at £20mn and is subject to the energy management division delivering an agreed minimum level of earnings. The benefit for eEnergy’s shareholders is that the energy management disposal delivers a potential £39mn total return (including a £10mn earn-out) on the £23.4mn invested in that business since December 2020. The acquirer is paying a multiple of 6.5 to 8.5 times the energy management division’s forecast 2024 cash profit (of £4.6mn) to enterprise valuation. Importantly, it means that eEnergy’s board now has the funding to accelerate growth in its other fast-growing business, energy services. This operation helps clients cut their energy consumption by switching to energy-efficient technologies by way of a capital-free funding model. Turning energy efficiency into a service. Specifically, eEnergy delivers energy reduction solutions by offering clients energy-efficiency-as For instance, energy-efficient LED upgrades to schools remove the barrier of a high upfront capital commitment. Instead, the client pays a service fee that is more than funded by the energy savings made. The initial service contract is for a term of five to seven years, after which the customer continues to access the energy savings without having to pay a fee. By replacing aging lightbulbs with LEDs, customers can reduce energy costs by 80 per cent compared with traditional lighting, a significant saving given that lighting can account for up to half of a school’s electricity bill. The typical school contract is worth £100,000, but it can be several times higher for organisations with multiple sites. In the UK, there are around 25,000 state schools and 2,000 independent schools, suggesting a total addressable market worth billions. eEnergy’s in-house solar PV system solution offers an equally compelling offering for clients by providing them with onsite solar generation at no upfront investment, significant energy savings, and cheaper energy consumption than buying directly from the national grid. A good example is the group’s £3mn contract with West Midlands-based Tudor Grange Academies Trust. eEnergy is providing Tudor with a fully funded 10-year service agreement with no upfront costs for a turnkey energy solution. It will enable its 12 schools to generate 30 per cent of their energy needs and earn additional income exporting any unused energy to the national grid. eEnergy will recognise £1.9mn of revenue for the contract in 2024 and 2025. eSolar projects are a significant growth area, so it’s reassuring to know that the ability of eEnergy to deliver on new contracts is underpinned by off-balance-sheet arrangements with funding partners to finance the capital cost of the projects. It also improves the group’s own working capital position. Energy-efficiency-as The EEaaS offering is not only high-growth, but is profitable. Analysts at Canaccord Genuity estimate that the energy services division’s revenue increased 144 per cent from £9.6mn to £23.5mn from 2021 to 2023, and that annual cash profit more than trebled from £0.9mn to £2.6mn. The last figure is worth noting because it more than covers the group’s estimated central overheads of £1.9mn. Moreover, with analysts predicting that the energy services division's revenue will increase by 25 per cent to £29.5mn in 2024 and by a further 10 per cent to £32.6mn in 2025, cash profit could surge to £4.5mn and £5.4mn, respectively. Central overheads are only expected to rise by £0.2mn in each year to support the rapid growth. Sum-of-the-parts valuations. The point is that if you value the energy services business on a similar rating to the energy management disposal, then it could also be worth £30mn (7.8p) as a standalone entity assuming the board hits analysts’ earnings expectations. That sum is more than eEnergy’s own market capitalisation of £27.5mn. Add to that £18mn (4.6p) of pro-forma net cash and a potential £8mn-£10mn (2-2.5p) earn-out on the energy management disposal, and it’s not difficult to see why Canaccord has a target price of 12p and analysts at research firm Equity Development have a 13p-a-share fair valuation. My sum-of-the-parts valuations are even higher. BUY. |
Posted at 08/2/2024 16:40 by hericsaba we are in Simon Thompson Bargain shares 2024, don't be surprised with big volumes and higher share price in the next few days! |
Posted at 22/1/2024 10:57 by controlledmadness Not to put a damper on things I have been trying to see what the company will be after the sale.The 2022 report seems to say that the growth was largely in the management and the booked future sales for 2023 21 million of 25 million was in the in Managemment. There is also a lot of Intangable assets so we need a better idea of how things are in the service side to judge exactly how much it is worth. Given that clearing debt and the loan takes the cash recieved down below 20 million and their are 400 million shares with allotments then they are getting less than 5p a share so share price really depends on what is left in the company. |
Posted at 08/11/2023 16:21 by warrenbuffet73 Indeed, I might be.Leaves plenty of upside here Announcement on division sale this or next week def worth waiting for. I wonder how high share price will go then. A gradual rise in share price each day over next few days I think |
Posted at 08/11/2023 14:12 by warrenbuffet73 The Luceco investment alone values e-energy at £20m (£1.9m for 9%) without the £30+ million from sale of energy management division. They wouldn’t be in exclusive talks with someone without a serious bid on the table. The last exclusive talks scenario I recall is Currys disposal of Kotsolovis which was shared a week before disposal confirmed.This time next week, I calculate at £30m share price should be 8.7pence. If we sell for £35m could be 10-11p Investment is a no brainer Remember the reasons why share price fell a year ago…debt paid at silly interest rate, due to be repaid in Jan 2024 I recall. People were worried about us having to raise cash or go under. This is no longer an issue |
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