This lot need to get this selling off sorted it is becoming a real issue |
I can understand the frustration here. Whenever the share price goes up it just gets knocked back down again. However, I think shareholders selling here are selling at or near the bottom. When this does turn (i.e. when the overhang goes) I see this quickly doubling from here.
If I wasn't already balls deep in this company I would buy more at these prices. That said, I might still have a little nibble when funds allow. |
I have done the same ..got out after 4 yrs !! What a shame as really thought this would have be so much better |
I sold,gone into Narf,dead duck this, knew I was an idiot topping up yesterday. |
The name is 150
Be over in 40 years |
I resigned to the fact that share price will never rise, thanks seller 😔 |
Seems he's hell bent on stopping any rise,and me like a fool topped up earlier. |
Helllo 150k
The outfit should pick up the phone and simply say please give the shares a chance |
And immediately after my above post the friggin seller turns up,why doesn't he FO! |
Some nice buying today,and a little increase in SP, love Ng may it continue,so undervalued as we all know. |
This company has a lot to answer for
How do they expect the shareholders to benefit while someone is selling 10% of the stock into a market that has no volume or interest in micro caps?
I think this needs putting to them |
And keeps on falling ffs!! |
Dreadful dreadful dreadful |
Morning 150k
Board please can you help solve this phat seller it is impossible to invest while he is selling 10% in 150k chunks |
sell and buyback |
2m sell and a small rise. Curious. |
 eEnergy: Momentum is building and shares still cheap.
Simon Thompson’s Bargain Shares 2024 Review: Energy services provider has returned to profit.
Published on February 19, 2025
by Simon Thompson
Aim: Share price: 4.4p
Bid-offer spread: 4.3-4.5p
Market value: £17mn
63 per cent discount to analysts’ 12p-a-share sum-of the-parts valuations.
Operational business in the price for five times current-year operating profit forecasts.
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 (solar, electric vehicle charging and energy-efficient lighting).
As previously reported, the business had a slow start to 2024 and experienced disruption due to the disposal and separation of its energy management (EM) division. Trading was also hampered by a weak balance sheet and exacerbated by more challenging market conditions. Lower energy prices and higher costs of finance led to lengthened customer decision-making cycles, culminating in a delay in contract signings. As a result, eEnergy reported a cash loss of £2mn on revenue of £6mn in the six months to 30 June 2024.
However, the disposal of the EM division strengthened the group’s financial position no end. The company ended last year with net cash of £2.3mn and entered a £40mn debt facility with NatWest to provide off-balance-sheet funding for public sector customers. It has lowered the cost of capital, delivers an attractive return on the retained project interests and improves eEnergy’s competitive position when tendering for multi-site contracts.
Importantly, end markets started to strengthen towards the end of the first half of 2024 and the strong momentum is being maintained. In fact, revenue surged to £21.1mn in the second half of 2024 and the directors expect to report an underlying cash profit of £2.4mn for the six-month trading period, so completely wiping out the first-half loss. Moreover, the company has been winning notable contracts including a £1mn award with Newcastle College to deliver a full LED lighting conversion across 10 buildings in Newcastle and Carlisle.
The Labour government’s commitment to drive net zero actively as one of its levers for growth is providing a tailwind for the business even though public finances are tight. That’s because government-backed clients can sign up to more flexible financing arrangements, which allow them to adopt eEnergy’s products and services with no upfront capital expenditure. Also, customers looking for security and stability of energy supply are driving demand for onsite generation, an opportunity greater than management had previously anticipated. In particular, the solar business is set for significant expansion due to its decreasing levelised cost of energy (a measure of the cost of energy generated by a system over its lifetime).
Deep discount to fair value estimates.
The potential for eEnergy to scale up its business continues to be materially under-rated. For the 2025 financial year, Canaccord Genuity is forecasting annual revenue of £28mn, pre-tax profit of £2.6mn, earnings per share (EPS) of 0.4p and a doubling of net cash (pre-IFRS 16 lease liabilities) to £5.1mn (1.3p). Factoring in £6mn of contingent deferred consideration from the EM disposal (spread across the 2025 and 2026 financial years), analysts forecast net cash of £8.6mn at the end of next year, a sum representing half eEnergy’s current market capitalisation of £17mn.
By the 2025 year-end, the operational business could be in the price for a less than five times current year forecast operating profit of £2.5mn, a multiple that drops to three times 2026 operating profit estimates of £3.9mn. The growth trajectory and 63 per cent discount to analysts’ 12p-a-share sum-of the-parts valuations highlight a chronic undervaluation well worth exploiting. BUY. |
Thanks for the link but behind a wall. Could you summarise or c and p.I have just relistened to the webinar. Compelling. |
How many more of these future disgruntled non executive board members are there with millions of shares at their disposal ??? |
Harvey Sinclair pull your finger out and buy out Derek myers 44 million shares for f-- s-- !!!! |
It is in the company’s hands
They are allowing it to happen
You can’t sell down a microcap like this it needs selling to an investor |
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