Energy Assets Share Discussion Threads

[rivaldo] 17/4/2015 09:22

Looking pretty good value here now after yesterday's excellent trading update.

The market will now look towards this year's forecast of 29p-30p EPS now that 25p+ EPS is in the bank.

And the outlook statement couldn't be better. New highs a-coming?

"Chief Executive Phil Bellamy-Lee commented:

"I am delighted to report continued strong trading in what has been another successful year for Energy Assets and one which has encompassed good organic growth, major new contract wins and the successful integration of three new acquisitions into the Group."

[tradermel] 16/4/2015 07:26

Sad that insiders are allowed to buy ahead of a good RNS .... still happy holding these

[macarre] 02/4/2015 19:11

Not a holder here (yet), but been watching for some time. Like everything about this business but believe a lower debt would make them even more attractive. Waiting for a good entry point. Sp is yet to find a strong support level.

[mapmagic] 30/3/2015 07:50

gbb483; I'm not plugging anyone. I just thought because of the crossover between EAS and SMS it was worth a listen as its positive for us. I'm a long term holder here. Don't know what your problem is but I suggest you relax and perhaps get out a bit more.

[gbb483] 27/3/2015 11:11

Those podcast are just self gratification by the participants. I'd hoped we got away from the incessant plugs they gave themsleves - do that again and you're filtered.

[mapmagic] 26/3/2015 13:17

I note SMS was discussed yesterday on Advfn's pod cast. Worth a listen for crossover between EAS:



EAS a much better bet imo though, although SMS do have a substantially bigger market cap. Would be nice to see them make a nice bid for EAS? Or am I getting carried away...?

[mapmagic] 20/3/2015 16:14

470p proving a bit of resistance, but its definitely trying to break up. Once that is cleared, next stop £5. Just a matter of time, although push up today would be nice :)

[rivaldo] 20/3/2015 15:42

Agreed :o))

Making a bit of a move up today.

[mapmagic] 17/3/2015 08:24

Noted rivaldo. I did the same calculation myself and thought EAS look super value!

[rivaldo] 16/3/2015 09:39

Good results from SMS this morning.

They're on a historic P/E of 22.3, falling to 19.

Whereas EAS are on a soon-to-be historic P/E of 18.5, falling to 15.8.

Quite a difference, which backs up Numis' 530p price target.

[rivaldo] 03/3/2015 11:03

Indeed GB.

Numis reiterate their Buy and 530p target:

[gargleblaster] 03/3/2015 07:57

Morning riv - looks like a well structured deal keeping the directors of SA Gas onside during the earn out period.

[gohil18] 03/3/2015 07:55

Great news. Lovely up trend in chart too. Next stop £5.

[rivaldo] 03/3/2015 07:19

Another earnings-enhancing acquisition announced:



Forecasts for the new year will have to be increased. Even better, the two companies have been working together for a long time, so EAS know exactly what they're getting.

[neilgbudd] 12/2/2015 18:06

Agreed Riv, although it did manage a whopping 1.1% in the end! EAS is one of those that just bob's along and then shoots up a good few percentage points out the blue.

[rivaldo] 12/2/2015 11:25

The IC reiterate their Buy - hard to believe no mark-up at all on signing a "significant" contract"!



"Energy Assets Group (EAS) has signed an agreement to supply advanced ‘smart’ metering technology to commercial energy supplier BES Utilities. Buy."

[neilgbudd] 12/2/2015 07:57

Indeed, I expect a nice steady flow of the agreements, especially with a a new sales man at the helm driving further strong growth... Well done EAS!

[tradermel] 12/2/2015 07:52

Well my buy may not have been the best timed but at least now I am showing a small profit and sitting on the right side of another nice RNS today

[rivaldo] 12/2/2015 07:10

RNS - another "significant" contract:



"Agreement with BES Utilities

Energy Assets Group plc (LSE: EAS.L), the largest independent provider of industrial and commercial (I&C) gas metering services in the UK1 and provider of electricity metering and data services, is pleased to announce that it has signed an agreement with BES Utilities (BES), an energy supplier in the commercial electricity sector.

The agreement is for the provision of advanced electricity metering technology and data services solutions delivered by the Company's subsidiary, Bglobal Metering Limited (BGM) andoffers BES a suite of innovative options and solutions to help customers manage their energy use and meet the industry's obligations on carbon reduction.

This is the second significant contract secured by BGM in recent months following acquisition by Energy Assets in April 2014 and further underpins the Group's aspirations to become a leading service provider in the electricity sector. The BES contract award further underlines the initial growth targets set by the Group at the time of acquisition.

Phil Bellamy-Lee, Chief Executive of Energy Assets, commented:

"We are delighted to be working with BES, one of the UK's most customer minded energy suppliers, who have shown confidence in the capabilities and technology that the Energy Assets Group can offer. The BGM customer base continues to expand, underpinning the strength of the Group's brand and reputation as we continue towards our goal of becoming the largest independent provider of metering services across a multi-utility platform."

Michelle Davidson, Director of BES Utilities, said:

"Our new agreement with Bglobal Metering Limited is a significant step forward in terms of our ongoing ambition to offer the most advanced and efficient range of metering solutions to our customers.""

[neilgbudd] 11/2/2015 16:51

Good news. Thanks for the heads up Rivaldo!

[rivaldo] 11/2/2015 12:05

New sales appointment to drive growth - I like the references to EAS innovative new technologies...



"Energy Assets Appoints Group Sales Director
Date: 10th February 2015

Richard Atkinson has joined Energy Assets Group plc as Sales Director to drive growth in the industrial and commercial (I&C) sector for the company’s innovative multi-utility metering and control systems.

Richard joins Energy Assets, one of the UK’s leading independent providers of I&C metering services, as the company rolls-out out its new ‘Multi-Utility + Control’ (MU+C) offer, which combines energy data collection and analysis with control technologies. He brings considerable industry experience and expertise to the Group, having held a number of senior sales positions within companies in the energy supply and utility infrastructure sectors.

Richard commented: “Advanced metering technologies and automated meter reading systems have transformed the ability of energy and facilities managers to collect and analyse data linked to the consumption of gas, electricity and water, but the question now is how to use that data to deliver reduced cost and lower carbon output.

“The portfolio of technologies developed by Energy Assets gives end-users of every size – from chip shops to town halls and multi-site retailers – the ability to take and analyse data and then directly control energy usage through a browser-based interface. This framework is integral to the Energy Assets vision of service excellence and it has the potential to transform the way businesses and public bodies think about energy efficiency.”

Philip Bellamy-Lee, Chief Executive Officer of Energy Assets Group plc, commented: “Richard brings significant industry experience to this new role and his expertise will be key in expanding our metering and infrastructure market share as we continue to develop and roll-out innovative multi-utility services that create tangible value for our customers.”

Energy Assets’ owned and managed meter portfolio currently stands at 345,000* assets, which includes about 150,000 assets brought on board by the acquisition of Bglobal Metering earlier this year. The company also recently acquired Origin Technical Business Services, a developer of mobile works management systems.

Among the latest contract successes is agreement to install advanced meters for around 50% of British Gas Business's I&C customers across the UK. In addition, Bglobal Metering has signed a contract extension with npower to provide data collection and aggregation services covering an additional 60,000 industrial and commercial meter and data points."

[neilgbudd] 02/2/2015 12:01

Nice 35% upside to the current price! Great news.

[rivaldo] 02/2/2015 07:49

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."

[neilgbudd] 29/1/2015 08:17

Another good spot rivaldo! Appreciated!

[rivaldo] 29/1/2015 07:32

Nice article about EAS' new product:



"Tower blocks can be part of smart cities too!
By Kenny Cameron, Director of Strategic Development

A recent report by the Green Alliance think tank identified how the UK’s residential tower blocks – so often portrayed as inefficient energy monoliths – could actually become exemplar projects for the rest of the country with a little bit of TLC.....

.....At Energy Assets, we’re about to unveil an energy model for the social housing sector that will bring together community metering strategies with load switching. The first such scheme is likely to be in London and will cover 820 households in eight tower blocks. These homes are heated using electric storage heating but with our sister company - Bglobal Metering - taking on the role of Meter Operator, we will install an AMR system that will deliver half-hourly consumption data…this alone is very likely to enable the smarter procurement of electricity and reduce the costs to residents.

In addition, we’re planning to install low power transmitters (LPT) on the incoming electricity supply to each block, which will enable every downstream appliance, right down to each 13A socket, to be controlled via hard-wired receivers. This will not only enable control of the storage heating to be much more intelligent and efficient, it will also open up the potential for load switching, which will benefit the social landlord and residents still further.

In effect, our Z-Lynk technology enables load management to be coupled with demand response software, thereby stacking storage heaters as ‘Hot Bricks’ in megawatt-sized blocks that can be used to help meet grid generation requirements and enable DNOs to manage demand. The upshot is more cost-effective heating strategies for social landlord tenants, better load balancing, smarter energy procurement and lower costs for some of the poorest members of society.

In summary, the projects highlighted by the Green Alliance make positive reading, but do not go far enough. Technology exists to bring significant cost and fuel poverty benefits to residents who use electric storage heating, and we are certainly missing a trick – and serving communities poorly – if we do not include everyone within the vision of smart cities."