Good Energy Share Discussion Threads

[kinwah] 14/2/2020 01:15

Still no accounts filed at Companies House by Ecotricity Group Ltd. The auditors are Grant Thornton who may be refusing to sign the accounts off based on the current GOOD share price and other concerns. Interesting that the GOOD price fell today. I am sure the Ecotricity stake is being touted around as being available to buy. Maybe GOOD should buy back the stake themselves. Meanwhile I'm waiting eagerly for the Ecotricity accounts to reach Companies House. They are always a interesting read for accounting geeks like me.

[hedgehog 100] 11/2/2020 17:19

"Energy-as-a-service will transform the sector Providers, under pressure from new industry entrants, could look to move into the as-a-service market to diversify their offering BY HEIDA VELLA - FEBRUARY 14, 2019 As the utility industry continues to undergo major transformation driven by decarbonisation, decentralisation and digitisation, an emerging business model, known as ‘energy-as-a-service’, is set to disrupt it further. This broad umbrella term describes the growing sub-market of selling not only energy, but also technology, analytics, personalised services and even access to the grid. “We are seeing more effort now to develop a new retail model than at any time over the last 100 years,” says James Sprinz, head of decentralised energy at Bloomberg NEF. The trend is driven, in part, by advances in technology, and the desire of residential and business consumers to reduce costs and/or their carbon emissions. But also, says Mr Sprintz, by major European energy suppliers trying to claw back market share lost to renewables and new markets entrants, such as smaller players including Good Energy and Ovo Energy. “Energy providers are looking at other things they can sell besides electricity, which has seen a large increase in capital in the market, as well as more mergers and acquisitions,” he adds. ... Big Six moving into energy-as-a-service by acquiring new companies ... Though still relatively nascent, this market is poised to grow and diversify, especially with the continued emergence of electric vehicles and smart cities. According to Navigant Research, the energy-as-a-service annual market for commercial and industrial customers is expected to reach $221 billion by 2026. ..." HTTP://www.raconteur.net/sustainability/energy-as-a-service From Proactive Investors: "eEnergy eyes win-win in sustainable energy space Philip Whiterow 13:57 Thu 09 Jan 2020 Average contracts currently are sized around £130,000 but this will get larger as it moves up the value chain. eEnergy is planning buy and build consolidation strategy among sustainable energy businesses. Energy-efficient specialist eEnergy Group PLC (LON:EAAS) made a steady start as trading got underway in AIM’s first float of the new year. ... He sees the sector following the trend of mobile technology and cars, where monthly subscriptions have become the norm with no capital requirements for the customer. ..." [...]

[kinwah] 24/1/2020 23:25

The accounts for GOOD's major shareholder the formerly minibond financed Ecotricity Group Ltd are due to be filed at Companies House next week. The Ecotricity GOOD stake is now worth £10m which the Ecotricity balance sheet may find very helpful. After all there is that new football stadium to build for Forest Green Rovers which is also owned by Ecotricity.

[ben gunn] 10/1/2020 17:48

The key metric that encourages me to buy more is the high level of turnover per share. If they can improve financial management and stay on the right side of the regulator then the upside is immense. Not happy about Market Size of only 300 shares...this is not the Plus market any more!

[ben gunn] 07/1/2020 13:27

Fresh price breakout 3 hours ago. Aside from the recent gain momentum I am in this because if they ever sort out the profit level and their returns to shareholders the imbalance between turnover per share and price per share is in for significant re_rating.

[sbs] 19/12/2019 10:46

Still going up.

[paulisi] 19/12/2019 10:46

Over £2 now.

[jeanesy] 03/5/2019 16:53

The rise here is startling ! 50 % and yet no comment or news until the sale of a solar park today

[paulisi] 30/4/2019 12:00

I am in the process of switching supplier and didn't find the company on the price comparison sites or on the Which best survey.Not sure how they are supposed to grow without suitable marketing exposure.

[sbs] 25/4/2019 22:14

Sold out with the jump. Buy price target is 123.5p.

[jimbob58] 25/4/2019 19:05

Ditto. Can't see any news on the share. Not complaining mind!

[paulisi] 25/4/2019 14:04

Why the big jump in price?

[sbs] 18/11/2018 13:52

You're not being cynical enough... The cynic in me says that the price went down to make the price more attractive for a potential buyer of Ecotricity's holding. As we know, every rise is short covering ;-)

[danny baker] 17/11/2018 19:59

The cynic in me thinks the good news and bounce in the share price is an opportunity to try and place the Ecotricity holding. Because Ecotricity file their accounts at Companies House at the last possible moment it is hard to see how much they would need the cash but I am sure they could find a use for a few million quid.

[sbs] 16/11/2018 08:54

Yesterday, I saw my first marketing tweet, which I retweeted... And today, a good trading update.

[sbs] 02/11/2018 10:13

I think the value of an indigenous energy supply is not fully appreciated. Instability in Iran, Saudi and Venezuela could zap up energy prices in a flash.GOOD uses locally sourced renewables, of course.

[jeanesy] 02/11/2018 09:46

continues to fall to new lows.

[niggle] 10/8/2018 11:07

And ping. If lower gas usage was the reason for the H1 2017 fall in profits imagine the fall this H1 with all the hot weather. A tiny bit of speculation and it pings up 11% so insiders buying on good news expected or just speculation?

[sbs] 09/8/2018 18:14

Or maybe the seller is on holiday this week ;-)

[sbs] 09/8/2018 17:59

Good underlying buying trend at these prices. Let's see if it starts to pick up.

[sbs] 02/8/2018 23:47

Interesting company.

[emso] 17/4/2018 22:19

might be ecotricity have finished selling their stake after failed takeover..