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Flowgroup Plc Share Discussion Threads
Showing 4301 to 4324 of 4325 messages
|In 2004 SSE bought Atlantic Electric & Gas for £90.7m.Atlantic had 300,000 customers,which is about the same that I think Flow Energy has at the present time.They paid £302 per customer - unless Atlantic had some other assets that was included in the sale.
The Flow Energy sale is not quite as simple as the Atlantic sale,because of the boiler business,which I don't think the buyer would want to acquire.The boiler business could be sold separately,and the whole company wound up,with a distribution to share holders.I would expect approx 23p per share,after any debt settled.
This is the outcome I would prefer.
This is just my opinion,and a calculated guess.|
|Not sure about that but to get the sale past share holders one of two things must happen. They must, as you say, offer something tangible to share holders or explain via an RNS where they are with boiler tests, trials and commercialisation. If they do neither, the sale will simply not happen.|
|I am going for a 8p per share cash distribution post sale............|
|looks a decent deal|
|iresa... purely based on price. to be fair the transition has been smooth and website is pretty clear and easy to use. when initially switched to flow they were the cheapest ... also held shares and wanted to see what they were like. again to be fair the transition to them was smooth and no issues.|
|megan, If you don't mind me asking, who did you switch to?|
|on flow customers .... i came to end of one year deal a few months ago. the quote for this year (combined elec n gas) was about 10% higher than couldget elsewhere so i switched. value of flow energy deal will depend on levels of churn ... if customers sticking great ... ofnot then not so great.|
I agree the energy side of the business has been a success. I don't go along with it being worth 80 million on completion of sale. Where do you get those figures from? The boiler? Well that is the bone of contention isn't it? Think of it like this. The boiler officially has been on sale well over two years. The price has not been affected by VAT because in that time and even now it only carries a 5% VAT charge. Now in all this time it's been on sale can someone out there tell me just how many boilers have actually been sold in the whole of the United Kingdom? In my opinion investors have been led up the garden path by various RNS statements made by the company both in the lead up and after the launch of the boiler. Indeed I would be interested to know if they know anyone who has one of these boilers in a fully working condition.|
The energy business has been a huge success.I think you mean the boiler section of the business,has not lived up to the early projections - but may do better in Europe.
Flow Energy will have about 300,000 customers now,and looking back at the numbers,it seems that people sign up at a faster rate in summer than winter.
I still think it's worth £40 mln now,and after the sale(if it goes through),at least double that.
We will just have to wait and see.
As you say,I only recently bought these.|
|Taken from the RNS of the 21st March
Whilst there can be no guarantee that the sale of Flow Energy Limited will complete with this party, or that the sale of Flow Energy Limited will complete at all.
He He He...Typical double edged RNS from Flow... There is usually a get out or an excuse. Slippery|
|You having a laugh, its been weak since May 2016 to be precise!|
|Finals 29th April last year tied in with Daiken distribution deal.Sure they would like to have something tied up by then to coincide?|
|At the moment I think the company is worth about £40 mln,and that's approx 12p per share - so very oversold in my opinion.|
Due diligence will take a while,and I think we would have heard if it was a non starter by now.
I'm expecting an RNS in the next two weeks.
They did say in the next few weeks in the March 21 RNS.
There is a lot of talking down of this stock on another board - all seem to be somewhat mental.|
|Hmmmmmmmm. Nearly a month since the announcement. Another red herring? I wonder|
|Shares have been in freefall for a year now - down more than 80%. Killing its UK White Horse has been unfortunate. A move to focus on Europe has been a financial pain for shareholders. However, prospects in Europe look quite good and the bear factor overdone - could surprise.|
|Cannot decide what to do here...............?|
|ContextControversial German energy supplier heads for the UK - The Telegraphhttps://apple.news/AC0IAWLW0Q5qCBmMjwIP7Tw|
|If the company runs true to form the deal (if there was one) won't happen. Let's hope Stiff and co can finally pull something off. Good luck|
|I wonder if any of the big companies will be interested in this.|
|You're right,it's only if a deal goes through,but Flow Energy has turned into a well run energy supplier,and has at least 270,000 customers,and it's probably very attractive to quite a few other suppliers.
I was calculating that the buyer would pay about £82 mln.It is expected to be in profit for 2017.|
|Agree 10-15p absolute max. We are assuming that a deal will actually go through. Bear in mind this companies previous RNS statements. Are we all about to be suckered again? Let's hope not but I wouldn't be surprised.|