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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Energy Assets | EAS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 725.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 725.00 | 725.00 |
| Top Posts |
|---|
Posted at 13/1/2016 10:01 by nurdin Yes an excellent update.The spread, however maybe discouraging new investors! |
Posted at 12/11/2015 09:43 by cisk Here you go Riv!BTW if you have chrome, once you've reached your limit switch to incognito mode and then can you continue over the limit ;-) Energy Assets 507p +42p Questor says BUY ENERGY Assets [LON:EAS], which installs smart electricity and gas meters for industry, enjoyed a share price jump of almost 10pc yesterday as first-half results reassured investors. The company said that the core meter asset management division, which generates around half of group profits and installs meters, had a strong first half when it increased group revenue by 22pc to £20.6m. By the end of September, the number of owned or managed meters rose from 365,000 at the end of March to 404,000. The market expectation is for full-year pre-tax profits to reach £10.6m, up from £9.3m last year. The company should generate 30p in earnings per share for the 12 months. Energy Assets buys smart meters, installs them and charges an annual fee for their use. The average meter costs £850, and generates £135 a year in rental fees for the company. The upfront capital cost of the meters is funded by debt that is paid off over an eight-year period, but the meter can last at least 20 years. The rental fees Energy Assets earns are guaranteed by blue-chip names such as npower, British Gas and Gazprom; the fees also rise with the Retail Prices Index for up to 15 years. The Government requires all industrial customers to have smart meters installed by 2020, and this should support steady growth until then. The company’s Siteworks, which installs the meters, reported that revenue increased by a third during the first six months. Once the company’s debts are reduced it can start paying dividends. The shares are down about 20pc from record highs of 621p reached in June. That said, Questor likes the growth profile and income potential despite the risks inherent in investing in such a small company at an early stage. The shares are trading on a PE ratio of 15, but due to the growth in revenue and profits that falls to 13 times next year. We like the potential for steady cash generation and the shares remain a buy for the long term. |
Posted at 09/6/2015 23:00 by rivaldo Questor in tomorrow's Telegraph will be saying Buy...."Questor share tip: Energy Assets still a buy The smart meter company is building up a strong core of cash generating assets that investors should tap into, says Questor By John Ficenec, Questor Editor 4:00PM BST 09 Jun 2015 Energy Assets 578p +14.5p Questor says BUY SMART gas and electricity meter company ENERGY Assets [LON:EAS], reported rising revenue, profits and cash generation in its annual results yesterday and there is every reason for the success to continue. Government regulations mean that every gas metering point for industrial and commercial companies has to have a smart meter installed by 2020. The company said yesterday that the core meter asset management division – responsible for 40pc of group revenue – which collects fees for the meters had another strong year. The group reported it held 365,000 meters at the end of March, up from 327,000 meters at the end of July, and about 163,500 a year earlier. New contracts were signed during the year in the Data Services division, which analysis energy uses and offers advice to cut bills, and this increased profits by 47pc. The Siteworks part of the business, which provides engineering advice on meter installation, had a very strong year with revenue up 77pc to £12.9m and profits up 41pc. Full-year pre-tax profits for the group as a whole increased by 55pc, to £9.3m, up from £6m last year. Revenue increased by 50pc during the year, to £36.2m. Market consensus is for pre-tax profits to rise to £10.5m, giving 29p in earnings per share for the year to March 2016. Energy Assets buys smart meters, installs them and charges an annual fee for their use. The upfront capital cost of the meters is funded by debt that is paid off over an eight-year period, but the meter can last at least 20 years. The rental fees Energy Assets earns are guaranteed by blue-chip names such as British Gas. Energy Assets increased cash generated from operations by 34pc during the year to £20m, and reinvested all of this to grow the company. Acquistions in the year increased net debts by £14m, to £65m, and that is against net assets of £36.5m. The shares are up £1 since we last recommended them (Buy, 475p, April 17) and have almost doubled since we first liked the prospects (Buy, 317p, October 4, 2013) trading on 20 times forecast earnings, falling to 15 times next year we would still hold onto them for further growth. Buy" |
Posted at 24/4/2015 11:05 by gbb483 ...that it has issued 5,000 Ordinary Shares at nominal value of £0.01 to satisfy the exercise of Company share options under an employee share plan.The new Ordinary Shares represent approximately 0.02% of the Company's existing issued share capital The company should source the share options by buying on the open market. That way the company pays for the share option scheme, not the investors. |
Posted at 17/4/2015 10:57 by rivaldo Agreed nurdin - EAS' cash flow is hugely attractive, and of course the recurring revenue etc.And EAS has been tipped today by Questor in the Telegraph.... "Questor share tip: Energy Assets still a buy The smart meter company is building up a strong core of cash generating assets that investors should tap into, says Questor. Energy Assets 475p -2p Questor says BUY ENERGY Assets [LON:EAS], which installs smart electricity and gas meters for industry, is seeing revenue and profits rise as customers try to save money. The company said yesterday that the core meter asset management division – responsible for 43pc of group revenue – which installs the meters had another strong year. The group reported it held 365,000 meters at the end of March, up from 327,000 meters at the end of July, and about 163,500 a year earlier. The market expectation is for full-year pre-tax profits from those meters to reach £8.8m, up from £6m last year. The company should generate 25p in earnings per share for the year when it reports results on June 9. Questor thinks the long-term outlook for the company is good. It buys smart meters, installs them and charges an annual fee for their use. The average meter costs £850, and generates £135 a year in rental fees for Energy Assets. The upfront capital cost of the meters is funded by debt that is paid off over an eight-year period, but the meter can last at least 20 years. The rental fees Energy Assets earns are guaranteed by blue-chip names such as npower, British Gas and Gazprom; the fees also rise with the Retail Prices Index for up to 15 years. Once the company’s debts are reduced it can start paying dividends. The payout is expected to start in the year ended June 2016 at about 7.6p per share, or a prospective yield of 1.7pc, and rise sharply thereafter. The shares have risen 50pc since we recommended them 18 months ago (Buy, 317p, October 4, 2013). Questor likes the growth profile and income potential despite the risks inherent in investing in such a small company at an early stage. The shares aren’t cheap, trading on 18 times forecast earnings, but due to the growth in revenue and profits that falls to 15 times next year’s earnings and 12 times after that. However, Questor thinks the potential for steady cash generation makes this a share for the long term. Buy." |
Posted at 02/2/2015 07:49 by rivaldo Good coverage this morning - I hadn't seen that Macquarie had a 645p target here...."Ryan and Buckle invest with EASE Citywire AAA-rated veteran ethical investor Audrey Ryan and AA-rated Iain Buckle have upped their exposure to meter management business Energy Assets Group (EASE) following a slide in its share price. The duo lifted their exposure to the business to 4.2% worth £4.9 million at a share price of 432p. Shares in the company have recovered most of their ground since a sell-off earlier in the year. Numis rates the company a buy with a price target of 530p while Macquarie Research rates it outperform with a price target of 645p. Sentiment regarding energy efficiency stocks has dropped sharply alongside energy prices since last summer. The shares are held in the team’s Kames Ethical Cautious Managed fund, with a small number managed by the company’s Kames UK Smaller Companies fund." |
Posted at 18/12/2014 13:39 by rivaldo :o))Great to see that the new investors picked up every one of Macquarie's shares which they top-sliced per yesterday's holdings RNS. Augurs well. |
Posted at 11/11/2014 17:13 by baxter99 and then read Jon Nofsinger's "Psychology of Investing" - it explains why many investors lose money |
Posted at 11/11/2014 14:42 by saj3 Rivaldo - I think I may consider subscribing to SCSW myself as a few investors have done it. Looks pretty decent. Where did you learn how to interpret P/E ratios and eps etc i see you talk about it quite a lot. It all seems very confusing to me? |
Posted at 11/11/2014 14:00 by saj3 Rivaldo - do subscribe do any tip sheet or do you find all companies on your own, still pretty new to this so trying to learn from some of you experienced investors. |
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