Eenergy Share Discussion Threads

[scooper72] 18/2/2021 12:41

To be fair a steady long term climb is probably better for the heart than an over accelerated race up. Also probably more reassuring for new investors.

[pcok] 18/2/2021 12:31

Me and my big mouth.

[pcok] 17/2/2021 12:20

Thought it might retrace Tuesday. What a little beauty.

[parsons4] 16/2/2021 06:54

Yes I bought in a week ago and am looking to top up. They have a huge market to scale, with not very much competition it seems. GLA

[inthemix] 15/2/2021 17:00

I think the likeable factor plays a part here as well as massive revenue growth. I got 17.5p today. Intrigued to see how this will play out.

[alfie27] 15/2/2021 15:21

I had been wondering how people got the opening price of 15 p ? My order from the weekend to a few minutes to come through and the price was already up over 25%. Just wondering if there were faster platforms than HL ? I guess you have to be quick with those Midas tips ?

[alfie27] 15/2/2021 15:18

Thanks for the feedback. The price seems to be holding. I like this stock so will hold and probably add. Seems to have good potential as a company and bang on trend.

[pugugly] 15/2/2021 14:50

?? Will the bounce hold? Marker 18.5//20p

Very ESG so if the new ESG funds decide to buy very tight stock so possible futher to go north (imo) - If not then potential stop losses triggered by the MOS new buyers - Your decision (IHNAC)

[paulo435] 15/2/2021 13:02

Huge jump after the weekend tip

[scooper72] 15/2/2021 10:20

Welcome to the group. Can't think of how u could have got it cheaper. There is a good little link for an interview with the CEO of you scroll down a bit. I have been averaging up since November and the trend has been kind so far to me.

[alfie27] 15/2/2021 09:41

Hi
A newbie here and one of those daily Mail types. It’s the first time i have bought a Midas tip share. I placed the order yesterday but as expected i got my shares at 18p rather than the 15p opening.
I bought £5000 as a test just wondering is there is any other way i could have got the earlier opening price? I bought through Hargreaves as usual
By that way i like the stock and plan to hold on to it or add to it

[scooper72] 15/2/2021 08:20

I imagine for a small cap like this a bunch or Mail readers finding out about it is going to move the price dramatically. Just glad I topped up last week. On Stockopedia it isn't able to give the stock a Price to earning ratio. And thus has it down as a momentum trap. Any idea why they can't give it the numbers like they manage to do on other small caps

[pugugly] 15/2/2021 08:13

The power of the Mail on Sunday - Will the momentum continue?

[paddyfool] 15/2/2021 08:13

wings? its got a rocket from somewhere!

[pcok] 15/2/2021 08:03

No news but seems to be growing wings.

[pugugly] 14/2/2021 10:02

Robsy2 - It is also ESG so potentially a buy for the new rash of ESG funds - and as you correctly point out stock supply is very illiquid - so they will probably have to drive the price up - Will not worry the managers as it is not their money!!!

[robsy2] 14/2/2021 09:46

Well spotted. I don’t think there is a lot of stock on sale so new investors will push the price up for sure.

[pugugly] 14/2/2021 09:27

Should be a nice boost on Monday
MIDAS SHARE TIPS: eEnergy, saving schools money


but going very nicely at the moment - RIGHT PRODUCT - RIGHT TIME - AND RIGHT MANAGEMENT (imo)

[hedgehog 100] 10/2/2021 19:47

"Podcasts
Harvey Sinclair, CEO of eEnergy discusses their pre-close Trading Update
4th Feb 2021 15:23"


"Turner Pope Investments
4th February 2021
15:45
eEnergy has released a Pre-Close Trading Update for the six-month period to 31 December 2020. During an exceptional second half of the calendar year, revenues for eLight increased by 235%, underpinned by organic growth of 125%, having completed 111 projects (up 95% on the comparable period). Significantly also, the average contract value of each project was 50% higher year-on-year. In particular, the Group enjoyed strong growth within the UK academy and state schools sector as well as entry into new markets, including Northern Ireland. The successful integration of Renewable Solutions Lighting Ltd (‘RSL’) reduced the division’s unit costs and improved pricing to its clients. Taking advantage of its exclusive OEM partnership with Venture Lighting Europe Limited (‘Venture Lighting’), more competitive overall technology pricing resulted in eLight’s gross margin lifting by more than 400 bps on the same time last year.
#EAAS"

[pcok] 09/2/2021 14:38

Is it turning back up again? RNS due?

[hedgehog 100] 06/2/2021 17:35

It's interesting to compare EAAS to Invinity Energy Systems (IES): 205p, market capitalisation £177.96M.


29/09/2020 06:00 UK Regulatory (RNS & others) Invinity Energy Systems PLC Interim Results

"Invinity Energy Systems plc (AIM:IES), manufacturer of vanadium flow batteries for the large-scale energy storage requirements of businesses, industry and electricity networks, is pleased to announce its consolidated results for the six months ended 30 June 2020.

HIGHLIGHTS

Operational

Merger with Avalon was completed on 2 April 2020. Significant progress was made during the period toward the three primary strategic priorities set out in the Admission Document. ...

Financial

-- Revenue GBP0.3m (H1 2019 GBP0.2m)

-- Operating loss, including GBP1m of merger transaction costs, from continuing operations GBP5.0m (H1 2019 GBP3.9m) ..."

[hedgehog 100] 06/2/2021 16:59

04/02/2021 07:00 UKREG eEnergy Group PLC Pre-Close Trading Update

eEnergy Group plc (AIM: EAAS), a leading "Energy Efficiency-as-a-Service" (EEaaS) business in the UK and Ireland, is pleased to provide an update on trading for the six months to 31 December 2020.

Group Trading

The Group's business eLight, which provides "Light-as-a-Service" (LaaS) to schools and businesses, experienced strong organic growth in the period.

For the six months to 31 December 2020, the Group generated revenue (excluding the two week contribution from Beond) of approximately GBP6.6 million, a 235% increase on the equivalent six-month period to December 2019. Organic revenue grew by 125% on the six months to December 2019. All Group entities reported positive operating EBITDA.

The Group generated net income (before exceptional items) (1) of approximately GBP0.1 million, in-line with its previously announced break-even guidance.

The Group completed 111 projects, a 95% increase on the six-month period to December 2019. The average contract value of each project was 50% higher compared to the equivalent period in the prior year.

This growth has been driven by increased demand in the market for energy efficiency solutions, particularly, for the Group's EEaaS proposition. Customers can fund carbon reduction through the energy savings delivered, without investing capital upfront. The Group has experienced strong growth within the Academy and state school sector in the UK, and through the entry into new markets, including Northern Ireland.

In July, the Group expanded its LaaS offering to Academy and state schools through the acquisition of Renewable Solutions Lighting Ltd ("RSL"). The Board is pleased to report that RSL has been integrated into the eLight operating platform, which has reduced unit costs for RSL and improved pricing to its clients.

In addition, the Group is now benefitting from its exclusive OEM partnership with Venture Lighting Europe Limited ("Venture Lighting"), announced in October 2020. Venture Lighting has provided the Group with a white-label, eLight branded, LED technology solution on exclusive terms. An integrated supply chain has also increased operating efficiencies. Venture Lighting holds dedicated stock lines in the UK for eLight, which has meant the Group has avoided any supply chain disruption caused by Brexit or COVID-19.

Overall, more competitive technology pricing has improved eLight's gross margin for the period by more than 400 bps when compared to the equivalent period in the prior year.

Beond Acquisition

In December, eEnergy completed the acquisition of Beond Group Limited ("Beond"), a top 20 UK-based renewable energy consulting and smart procurement business, through a mix of consideration shares and placing shares. The integration of Beond into the Group is progressing well, and to date the business has performed as expected. As per previous guidance, the acquisition is expected to be materially earnings-enhancing in the first full year of ownership. ...

"We are confident about the future, as we look to add to the energy efficiency services we can offer to customers, driven through execution of our "buy and build" M&A strategy. We are currently evaluating a number of strategic opportunities in our pipeline to build an integrated energy management and energy efficiency platform."

[robsy2] 04/2/2021 15:30

Looks like they are delivering nicely.No fuss, good organic growth, smart purchases. I think they can use their equity to build up a decent position in a fragmented marketplace.

[scooper72] 14/1/2021 13:04

Yep. I've been buying small chunks as it moves up.