Eenergy Share Discussion Threads

[livewireplus] 11/3/2022 11:55

But looks like on its way back up now ....

[jungle raver] 10/3/2022 15:51

Wow taken quite a hit on this one, didn't think it would dip so low.

[livewireplus] 25/2/2022 08:44

Surprised this has fallen back to a one-year low. I'd have thought the prospect of higher energy prices would have been good for the business and encouraged interested possible customers to proceed with implementation....

[livewireplus] 18/2/2022 08:18

RNS: Debt Refinancing

[pcok] 14/2/2022 01:55

And what did it say?

[soho2] 13/2/2022 14:07

Mentioned in the Mail on Sunday

[cheshire man] 11/2/2022 13:49

Not long to Half-Yearly Results,,,,,,,,,09/03/2022 happy to add at this level :-)

[rslph] 10/2/2022 09:44

Yes, I think this is a Medium Term punt. I know that ultimately they will look to sell as that is the track record of the Senior Team. I see movement once real scale to their business happens and their long term strategy of acquiring complimentary businesses that appear to have all bases covered in terms of environmental/sustainability/eco agenda/energy efficiency... will attract attention once their Turnover/Profitability shows real promise. It will attract more Institutional Investors eventually...

[eyesofblue] 09/2/2022 14:57

Good Post thanks. Just posted this on the other board … just some thoughts.

After selling half of my shares recently I’ve been gobsmacked by the recent share price decline on absolutely no news since the excellent trading update.

So I’ve added some more at today’s ludicrous giveaway prices to take me up to 100k shares. This may not be the very bottom yet but it’s a ludicrous bargain I think. Just mad for a profitable company to lose 33% in 6 months and more than 10% in the last week alone.

[rslph] 02/2/2022 20:14

Hi, I'm new to this forum and am a heavy holder/investor in EAAS.I would like to come back on a couple of the points pretax2 has eluded to especially as I worked for 20 years in schools and in fact was a customer of e energy.

The first point to clarify is that there are almost 23000 state schools in the uk and several thousand private schools. E energy install at an approx rate of 100-150 schools per year. If we said that 15 % of the schools in the uk would never convert or already have LED technology this would still leave approx 20,000 schools as potential customers. At a rate of 100-150 (say 125) schools per annum it would take E energy 160 years to cover all uk schools, I do not see that as a 'wasting business'?

Because of the impending energy cost inflation, every schools energy bill will be 'wastefully large' out of control and there will be an absolute necessity to reduce cost. Schools will have no choice in this and their spend on 'Non Teaching & Learning' activity cannot go above a certain level without scrutinisation from Government!

Given that E energy are also on the leading edge of other 'Green Technologies' around electric vehicle charging points and energy management, I see absolutely no reasons whatsoever why the market will not have to take notice of this energetic, sustainable, forward thinking business.

Hope this helps

[pcok] 02/2/2022 15:20

Thanks for your thoughts pretax2. I am a holder.

Agreed there is a cash generative model currently being rolled out across certain sectors re the led provision. I believe the ceo is aware this is a successful but ultimately limited model and is working hard to diversify the offering. From recent webinars it would seem they have a clear strategy to move towards providing ongoing energy management services for monitoring and minimising cost,supply and greening of energy.

There does seem to be a movement towards outsourcing this service to specialists and recent purchases have give EaaS this expertise. The question is how successful can they be in cross selling the new services to established and new customers. I believe there is a clear direction and opportunity here, hence I continue to hold the stock.

[pretax2] 29/1/2022 10:50

For full disclosure I'm not invested nor looking to invest here in the next few months, if at all. So not looking for a blip in the price.

This company caught my eye because of the growth potential and the fact it's a green company making a profit (a rarity). I'm sure it'll do well in the near term. As a longterm investor (I'm talking years) I'm just thinking about where this company will be. It seems that despite the BoD selling the growth potential, in fact they have a 'wasting' business which will lead ultimately to decline.
1/ There's a reason why eEnergy are choosing schools, businesses and hospitals. They need a large enough institution to make the contract worth while. I can't see the business being rolled out in peoples homes (unless they're huge), so the wasting element is that they'll eventually run out of schools, businesses and hospitals. By the way, note how the website trumpets (as a positive) the large sized institutions they're working with. Very clever, but it's the need for a large institution that will be their downfall IMO.
2/ The buisness model requires that an institutions convential energy bill is wastefully large so that eEnergy can undercut this with their LED lighting solutions. eEnergy then pocket some of the difference. No problem at the moment, we are just starting to transition to green energy alternatives and Oil and Gas are very expensive. But as the transition completes (couple of years), you'd expect green energy to be more available and cheaper. Use of expensive oil and gas will diminish to nothing along with eEnergy's margins. eEnergy is riding the gravy train of the moment, but it will eventially pull into a sidings. I note they're already trying to expand the business in other directions (but will these be as lucretive?). Will investors sell up when they realise the company business model is changing (many do).
3/ New builds will start to incorporate LED lighting and green energy solutions. No need for eEnergy. In 6-10 years eEnergy will be a dinosaur - simply not needed; like Radiorental.
4/ No dividend for this type of business model is pure greedy.

In sum, there is a strong marketplace for eEnergy at the moment and you'll probably make a bob or two in the next couple of years. But the business model is not blue sky and I can't see longerterm retail or instituional investors buying in. Without the longtermers I don't see a future. I think the company is fair value, perhaps even a little expensive.

Let the discussion begin - Intelligent discussion rather than brainless rejection of what I've said.

[eyesofblue] 27/1/2022 07:27

Fab trading update today. Financial highlights copied here, RNS obviously includes some divisional info.

Group Trading and Highlights

· H1 Revenues up 44% to £9.7 million

· EBITDA before exceptional items up 120% to £0.8 million

· Profit before exceptional items of £0.4 million (H1 2021: £0.1 million)

· £18.3 million of contracted forward revenues over four years, up 250% from 31 December 2020, with £5.3 million converting into revenue during H2 2022

· The Board expects to trade broadly in-line with market expectations for the full year.

[robsy2] 20/1/2022 11:18

She’s on the move again. Sorry if you have logged in just to see this, just a bit excited.

[livewireplus] 14/1/2022 11:36

Global surge in electricity use could bring three more years of price riseshttps://www.theguardian.com/business/2022/jan/14/global-surge-in-electricity-use-could-bring-three-more-years-of-price-rises

[volvo] 12/1/2022 18:26

Yes been picking up stock below market, rock n roll

[cheshire man] 10/1/2022 12:32

Good buying opportuntiy now imv,,,,,,,DYOR of course


RNS Number : 8933L
eEnergy Group PLC
15 September 2021

eEnergy Group plc

("eEnergy" or "the Company")



Proposed Acquisition of UtilityTeam

The Initial Cash Consideration will be funded through a Placing of approximately £12 million (gross) to new and existing institutional, at the Placing Price, being 15 pence per Placing Share.



"UtilityTeam has strong recurring and contracted revenues from its industrial and commercial customers, with highly attractive quality of earnings expected to benefit the enlarged Group;


· The Acquisition is expected to be significantly earnings enhancing immediately (i.e. in the year ending 30 June 2022)"

[volvo] 07/1/2022 18:45

Yes having a great ride here picked up £10k at 13.26p over christmas, target 20p

[cheshire man] 07/1/2022 14:23

Good start to the new year for holders :-)

[patient fox] 06/1/2022 12:32

The board have put their money down ,one buy not far off a mil.

[w1ndjammer] 06/1/2022 11:26

bought a few of these this morning, need to understand the company
better before maybe building a larger stake.
Looks like there is still an overhang from the 15p placing.

With energy prices rising, and peeps are only talking about Gas, but the
cost of Electric is the one thats gone through the roof 26p KWH that is painful...
we might be onto something here.

WJ.

[patient fox] 04/1/2022 09:55

First thing I saw this morning on tv was talk of energy prices rising 50% this year.Glad I topped up

[the deacon] 04/1/2022 09:47

Well, 2022 is starting on the right foot here...

[eyesofblue] 01/1/2022 17:08

Is there an echo in here?

[buster18] 31/12/2021 13:40

This has been tipped by II as one of their five aim shares for 2022