Eneraqua Technologies Share Discussion Threads

[farnesbarnes] 08/2/2023 16:56

Rivaldo,

Just saying that ST had a compelling fundamental argument for Inland Homes not too long ago. And VLG, TSL and WJG too. He doesn't always get it right. Don't get me wrong, he covers stocks which fly under the radar and for that, he gets kudos. But it's no reason to pile in carte blanche as many did at 11am today. You get the impression that as soon as a 20 page Alpha report comes out, people scroll to the bottom of the report for the conclusion and buy/hold/sell accordingly, according to the target price.

edit - just read the article and I promise you I did not plagiarize the "under the radar" comment.

[rivaldo] 08/2/2023 15:56

Cheers zho, excellent news. A comprehensive 20 page note - that's tonight's reading sorted :o))

[rimau1] 08/2/2023 15:10

Thanks for posting Zho, it reads well. That was one hell of a spike this morning! Illustrates the impact of the small free float!

[rivaldo] 08/2/2023 14:43

Er...so does that mean Clanger66 is correct, or is the tip for INL and he's got it wrong?

[farnesbarnes] 08/2/2023 14:10

"FYI Simon Thompson tip".

Inland Homes.

[clanger66] 08/2/2023 13:35

FYI Simon Thompson tip

[rivaldo] 08/2/2023 11:37

Welcome rimau1 - and agreed.

Intriguing goings-on this morning - 110,000 shares traded already in what's normally an extremely quiet stock.

We're now past the 31st January year end. Last year's update was on 2nd March, but that was the first year end update post-IPO, so maybe ETP will get this year's one out more quickly.

[rimau1] 24/1/2023 10:41

I’ve just doubled my holding this morning, i’m hoping for the company to further upgrade FY’24 in a TU in the first quarter. Even without an upgrade FY24 puts ETP on 10x earnings. Energy efficiency and Water usage are only going to become more critical and ETP business should be booming.

[saucepan] 21/12/2022 15:21

Thanks; that's helpful.

[rivaldo] 21/12/2022 14:58

Take a look at ETP's AIM prospectus on their web site and you'll see what's happened. And ignore the RNS's (they don't actually say 0% for prior notifications, they're just left blank!) as they're incorrect.

[saucepan] 21/12/2022 14:41

Thanks Rivaldo.

I am trying to make sense of the two announcements today, around 10am.

James Robert Waring: position announced today 7.48%; previous position 0%

Ian Daniel Mcloud: position announced today 10.51%; previous position 0%

[rivaldo] 21/12/2022 14:25

Hi Saucepan. Apologies for the correction - McLeod and Waring have top-sliced a relatively small percentage of their holdings disclosed on admission to AIM, alongside the two directors announced on RNS.

I assume this is where Charles Stanley have picked up their 5.1% stake (1.87m shares) disclosed recently.

[saucepan] 21/12/2022 13:24

Eighteen percent of the Company taken up in two holdings RNS announcements today.

[mammyoko] 15/12/2022 14:27

As suspected, sale by Directors to satisfy institutional demand. Took a bit of a haircut on it.

[mammyoko] 14/12/2022 12:30

One year lock-up expired and PDMRs have 'released' 7.5% of the company's shares at 10% below market price? Provided this hasn't all gone to Slater, could this improve the liquidity situation?

[mammyoko] 13/12/2022 07:39

Clear expectations for companies to address the long-term challenge of ensuring we have sufficient water resources, including through steps to reduce leakage and water consumption and increase water supply, with a new fund of up to £100 million to stimulate new approaches to water efficiency

Incentives for companies to be more efficient and innovative, including through a £300 million Innovation Fund to support further sector-changing ideas

[jadowshati2] 06/12/2022 09:53

I asked something similar in the investor call, iirc they stated they're looking at a 12 month payback time for customers. Someone else might be able to confirm

[masurenguy] 06/12/2022 09:08

Cheers Riv. I also thought the news item (below) constituted an interesting new marketing opportunity. Any idea on the likely retail price? If it saves £360 per annum and can be bought and installed for say under £500 it could be a really interesting incremental sales opportunity.

Eneraqua Technologies to invest in a direct B2C offering
by Ali Mirza | Posted on October 11, 2022

LONDON, UK: Eneraqua Technologies plc, a specialist provider of energy and water efficiency solutions, has confirmed the decision to invest in a direct B2C offering.

The water neutrality pilots were to demonstrate how Control Flow HL2024 installed in existing homes can save water to offset the demand of new homes in the area. This would allow Control Flow HL2024 to be used in unlocking some of the estimated 120,000 new build homes across the UK currently stuck in planning due to water and nitrate concerns. By eliminating water flow fluctuations, Control Flow HL2024 reduces water wastage and improves the performance of hot water systems. The pilots involved 100 homes and found that the Control Flow HL2024 system reduced the household daily energy and water bills equivalent to an average saving of c.£360 a year.

The analysis, which was carried out jointly by Eneraqua and local authority staff, was based on actual gas and water meter data, taking before and after meter readings to determine the change in daily consumption, which is then multiplied by the current energy and water prices. Customer satisfaction surveys were carried out post installation to monitor householder experience, which showed over 99% user satisfaction with the product and supply of water. As a result of the success of the pilots, from both a saving and customer satisfaction perspective, the Company will shortly commence the launch of the product direct to consumers, with pre-launch costs of approximately £0.5m in H2 FYJan23 to cover marketing and operational delivery teams. The Board strongly believes the B2C offering has the potential to create a new and exciting revenue stream for the business in FY24.

[rivaldo] 06/12/2022 08:50

Hi Masurenguy, good to see you here. ETP have never AFAICS separated out the two divisions due to "commercial sensitivities" as Finncap have noted in the past.

It's obvious that in the past Energy have been by far the bigger earner, but following the roll-out of Control Flow the Water division is growing and presumably catching up fast. If the initial Indian contract leads to more then there must be huge potential there.

[masurenguy] 05/12/2022 17:31

Just taking an initial look at this. Currently the top 13 shareholders hold 82.6% of the shares.

8 x Insider & private investors: 71.02%

5 x Institutional Investors: 11.58%

Slater Investments: 5.08%
Canaccord Genuity Wealth: 2.10%
Aegon Asset Management: 1.74%
Premier Fund Managers: 1.52%
Liontrust Portfolio Management: 1.14%

Can anyone provide a split between Energy and Water revenues? I've looked at the annual and interim reports but I cannot find any split between these two categories.

[rivaldo] 08/11/2022 09:27

Interesting article by a project head at Cenergist last month regarding the £1 billion Public Sector Decarbonisation Scheme, with over £1 billion of funding from 2022-2025, and some examples of Cenergist's implementations:

[rivaldo] 07/11/2022 08:44

Here's the new all-time highs - buying coming in at 359p.

[rivaldo] 04/11/2022 11:29

Moving rather nicely - new highs soon?

I note that the new Control Flows partner Abri Housing Association have 35,000 homes and 80,000 residents living in them: