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Share Name Share Symbol Market Type Share ISIN Share Description
Fulcrum Utility LSE:FCRM London Ordinary Share KYG368851047 ORD 0.1P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 43.50p 43.00p 44.00p 43.50p 43.50p 43.50p 583,861 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 44.8 7.0 4.0 10.9 95.84

Fulcrum Utility Share Discussion Threads

Showing 426 to 448 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
11/1/2019
17:44
There seems to be a problem with the Business Model which investors need to understand. 1 Hybrid cars/trucks and the development of electric charging points and 2 Zap & Go electric storage and charging It is not a simple as saying that Fulcrum come along and put an electric cable in to say TESCO.......what sort of cable and who will control that cable etc AND when will all this come to pass? AND for some time to come buying a hybrid will be a better bet than an all EV until there is national coverage. Think about all this as it wont be the bonanza as lots think.......its my warning.
anley
11/1/2019
11:36
I'm not sure that the last poster understands the Fulcrum business model. Fulcrum will only lay a cable to a chargepoint if a customer asks for it to be done and agrees a price for doing it. That price will include a profit element for Fulcrum. We can debate how many chargepoints are going to be installed (it will be lots) and who the customers might be (Tesco, oil companies, retail parks, car parks, public bodies etc,) but as long as Fulcrum price each job properly they will make a profit. The type and performance of the batteries fitted to EV's will make no difference to Fulcrum whatsoever but it will be a factor in how quickly and how many drivers switch to EV's
watcher13
11/1/2019
11:22
For debate and why FULCRUM will not make profits on laying electric cables for recharging car/truck batteries. The story is: "Test drove an IPace (all electric) Jag recently. Great car, terrible battery life. It had 185 mile capacity when I got in. Did 60 miles and it had 84 mile capacity. I couldn't make a 44 mile journey as I wasn't sure I could get back. Electric cars will be the future. When they've got decent batteries, and a decent charging infrastructure. When I said this to the sales lady, she said graphene batteries were being developed, and that in two years both should be sorted. I didn't declare an interest! Superb drive, and i'd buy one now, except I couldn't do more than mooch around town, and couldn't possibly go more than 50 miles. in summary, the world is changing (as Tony Seba predicts), and whoever wins the race to develop better batteries for EV's will be a happy, and rich, bunny." My friends at Cambridge Graphene Center tell me that another 18 months is needed to bring the next generation batteries in to production............no point in going on..........as there are too many topics and issues to deal with which make this whole project non profitable and costly to the car owner.
anley
09/1/2019
16:21
So far = YES and who are these people and all they do is quote from statements either made by the company in question or from a third source. This is a tip sheet.............what we need is how the business is run and how the books are done.
anley
08/1/2019
22:05
Did share-talk.com get it wrong? "Mkt Cap: £114.1m Next results: Finals, June Multi-utility connections provider Fulcrum Utility Services (LSE: FCRM) grew organically and through the contribution of recent acquisitions Dunamis and CDS Pipe Services. In the six months to September 2018, revenues were 49% ahead at £29.2m and there was organic growth of 12%. Underlying pre-tax profit was 13% higher at £4.2m. There was cash of £10.4m in the bank. A debt facility of up to £20m has not been used yet. The interim dividend was raised by 7% to 0.75p a share. The order book is worth £45.8m. A profit of £11.4m is forecast for this year. The historic tax losses are running out and combined with recent share issues, this means that earnings per share growth will be slower than pre-tax profit growth. The shares are trading on less than 12 times prospective 2018-19 earnings and the forecast yield is nearly 4.1%. Trading strategy The share price decline is a buying opportunity. Original recommendation: 49p/50p" hTTps://www.share-talk.com/slowing-for-a-car-crash/?utm_source=twitter&utm_medium=social&utm_campaign=SocialWarfare
turbocharge
08/1/2019
16:36
A new low (44p) and nothing from this terrible board of directors..........
anley
28/12/2018
19:54
What's the bear case on this. Looks attractive to me but wonder what caused the drop
the ghost who walks
24/12/2018
10:45
As I have been saying in most of my recent post there is a management problem within the company.......... I have been attacked by posters who don't like what I say but are only trying to protect their investment BUT do not offer up any counter attack. FCRM is in a pickle as its becoming a utility company - and that is out of favour in these markets. The Balance Sheet needs explaining and opening up to see if any accounting convention is being misused.......does the FD really wan to do this or have we to wait until we get the next set of figures. I am not going to go on and on but when I see stupid posts Jeanesy that makes my mad as it is clear you have not been reding the BB posts.
anley
20/12/2018
19:28
Support break in rubbish markets - liquidity getting sucked out of the market atm
davr0s
20/12/2018
16:28
big fall here today. Anyone know the reason ?
jeanesy
13/12/2018
13:53
Can you please TOPVEST tell the BB the date you purchased your shares at 8p?????
anley
13/12/2018
13:49
You are fearful that if you filter me you will not know what I am saying....and that is exactly what you have done. Then you tell us how cleaver you have been......well done BUT most people keep that sort of information to themselves. Roll on 2019.
anley
12/12/2018
18:49
Gave you a second chance. I bought these at 8p mate and have sold enough higher up to more than generate a good return. Still no apology. Back on filter. Please Do not go around saying people are liars, just because they don’t agree with your very very slow research!
topvest
12/12/2018
14:15
Oh dear everyone I seemed to have hit a nerve with TOPVEST.......people like him are most likely to be poor investors and its not always about the Balance Sheet. If the UK stops for say a year developing EV Charging Points what does this do for a company which has publically stated that this is one area for development? What happens if the building and development sector starts to slow which it is doing all over the UK? I wont go on but 2019 is going to be tricky picking winners so my message is keep calm and look under the carpet before you invest.
anley
11/12/2018
20:19
I'm an FCA, but not retired. Get a grip. Its you who missed the deferred income in the accounts, not me, so I suggest you read a bit more quickly to the notes that matter! I didn't accuse you of being a liar! Filtered because you didn't actually apologise.
topvest
10/12/2018
11:42
OK TOPVEST.......I will carry on my research in to the business but I do resent someone who does not know me stating that I am unable to read a balance sheet especially as I am a retired accountant. For your Xmas go out and buy "The Signs Were Here" by Tim Steer £14.99 and it tells you a story for investors that a company is heading for a fall.
anley
09/12/2018
20:26
The assets are high quality, yielding a very stable revenue stream that you can borrow against at very low rates of interest. Typically the revenues are RPI indexed. Fulcrum are one of only 8 Independent Gas Transporters and its not easy to set-one of these up. There are regulatory barriers to entry. https://www.ofgem.gov.uk/gas/distribution-networks/connections-and-competition/independent-gas-transporters I wouldn't get overly hung up on 6 monthly numbers. As far as I understand it, the revenue streams are 20 year and indexed. Fairly low risk unless an industrial premises becomes vacant. Long-term they could certainly do something with this asset business. Basically, they way I see it is that the: Fulcrum core business is very cash generative, but ultimately a jobbing business albeit with a good reputation. The pipeline business is a lower return, but low risk and high quality business that is currently being funded by the jobbing business, but probably should soon be debt funded like all the major network companies. When its debt funded then the returns on equity will improve.
topvest
09/12/2018
19:28
That's very helpful info and now much clearer, thanks podgyted
sozamyers
09/12/2018
11:07
Soz - not really coming up with anything. What is obvious is that expenditure against this income has risen from £200k to £572K ,comparing the 2 half years, which has had an adverse impact on both the absolute profit and the relative yield. Pure speculation, but obviously they have to maintain these assets and potentially this expenditure is lumpy in nature. Guess this is something to look out for at the finals.
podgyted
09/12/2018
10:51
Soz From half year presentation:- "Fulcrum Pipelines Limited (FPL) is an Independent Gas Transporter (iGT), owning and operating domestic, industrial and commercial gas infrastructure FPL acquires utility assets internally built by Fulcrum and externally from utility infrastructure providers who do not have a licence to own and operate Efficient and added value UIP adoption services for gas projects of any scale across the whole of mainland UK." You will note there are 2 lines on the CF statement "Capitalisation ...." relates to internally built and "Acquisition...." relates to externally built. At first sight there does appear to be a drop in the yeild on pipeline assets - I'm looking at - will let you know if I come up with anything.
podgyted
08/12/2018
22:32
I don't claim to know much about gas pipeline assets. But in a regulated market with significant barriers to entry can anyone explain why the yields are so low? Are they overpaying for these pipelines?
sozamyers
07/12/2018
18:36
Anley - not impressed with your comment at all. Either apologise or you are filtered. Just do some research. Given that you appear incapable of reading a set of accounts; FY18 annual report. Creditors note 16. Deferred income £20m. That is money paid in advance of the work being done. Dr Cash. Cr. Creditors. Hence the comment that they don’t need positive working capital. This is a strength of the business.
topvest
07/12/2018
17:05
What an interesting post and by the way there was what I call a reluctant buy given by the IC today. TOPVEST...is there anyway you could in writing verify what you have said in your post. If you can't within a reasonable time say mid-next week then I will take it that you have lied to all the readers on this BB.
anley
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
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