Fulcrum Utility Services... Share Discussion Threads

[pictureframe] 14/7/2021 08:01

Another decent contract.

[carpingtris] 07/7/2021 15:45

needs a trading update??

[srpactive] 17/6/2021 07:22

Morning all, excellent rns, I feel many more to come as the
world must go carbon free.

dyor

active

[carpingtris] 15/6/2021 18:31

Thanks for the update sl71

Perhaps be nice if they put out an RNS to that effect so everybody knew where they stand.

I'm sure that's why share price keeps ticking down.

On other hand perhaps they don't mind that as then they can tuck in cheaper..

[sl71] 15/6/2021 14:41

contacted the company yesterday, results to be issued late july / early august

[srpactive] 13/6/2021 22:19

P

So you have jmped ship and you are negative, ph.

[pip56] 10/6/2021 23:04

I have commented on this elsewhere.

FCRMs recent contract win from Bayford: 320,000 meter points & 80,000 meter exchanges will return an expected profit of £20m over 5 years. So lets call that 400,000 'units' for the sake of some basic maths. £20m over 5 years will be £4m a year. £4m a year divided by the 400,000 units = £10/unit/year profit on each. Not far off being given away.

By comparison: SMS last contract win on 3 March 21. 20,000 meters returning a net £2m annually. £2m divided by 20,000 = £100/meter/year.

Remember Bayford is owned by Turner. Turner is a major shareholder of FCRM and that bought him a place on the BoD. Turner has used FCRM to deliver the smart meters on the cheap for his own energy company 'E'.

You need to ask yourself why FCRM, a company specialising in designing, building and installing civil engineering Electric and Gas Infrastructure is suddenly getting involved in domestic meters. It simply does not make sense.

[carpingtris] 10/6/2021 18:49

Doesn't there have to be an update within a certain timeframe??

I like the contract win news Etc but am wondering about a trading statement of sorts.

[pip56] 10/6/2021 18:29

The trading statement and EOY Results were due on 30 March. They were not published and FCRM were asked (by e-mail) why they were delayed and when they would be released. FCRM replied the Trading Statement would be published at the end of April. They weren't and so FCRM was again asked where they were. FCRM replied the BoD were 'discussing the content of the RNS'. 2 months later and still no results have been published, the financial calendar is blank and no explanatory RNS has been released. Smells rotten so I jumped ship.

This could be a COVID related delay. You might wish to DYOR and ask FCRM what is going on.

[srpactive] 10/6/2021 10:33

Morning all

Just bought in today, I like the electric charging point aspect.

active

[carpingtris] 02/6/2021 16:41

any ideas on when the next trading statement might turn up?

resumption of small divi might also help?

[jailbird] 24/5/2021 08:05

Smart metering contract.
The area i am expecting bigger things.
Cash from asset sales also dripping in

Fundamentally sound Co

[solarno lopez] 24/5/2021 08:02

A nice contract win

[scooper72] 09/3/2021 15:57

Very hard to buy stock this afternoon. Could only buy a chunk of 200 quids worth to top up. Don't want to do that too many times when trading fee is £5

[ivancampo] 09/3/2021 13:51

Bayford and Harwood combined at 26.7% now. Getting closer.

[sphere25] 09/3/2021 13:24

Chunky director buying just hit the wires here:

The Company announces that Bayford Group, a PCA to Jonathan Turner, Non-Executive Director, purchased 1,400,000 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") at a price of 34p per share and a further 250,000 Ordinary Shares at a price of 33.94p per share.

[carpingtris] 07/3/2021 18:12

looks like the website has changed since last visited.. more 'green' focus..

[carpingtris] 06/3/2021 11:52

Yeah I wonder if something's afoot?

[regina124] 06/3/2021 11:01

At this level bound to get bid for by the largest shareholder

[ivancampo] 26/2/2021 09:37

Just a waiting game isn't it?

[ducatiman] 26/2/2021 09:20

Bit of a sell off early doors, any reason or just a margin call!?

[jl5006] 10/2/2021 18:03

Just my thoughts
Daren quit as CEO - Dugdale in place in name only
CFO a novice
Chair a complete novice
No RNS - Y NO PR
Jumptech software link up for domestic EV. Nothing for shareholders just asset sale cash to fund EV - as Phil said a special divi at least.
Phil gone - Daren gone - at the mercy of the sharks - bound to have ppl in BOD places -
Anyone -?? something is not going the way for PIs

[carpingtris] 25/1/2021 14:57

Directors keep buying?!