Inspired Share Discussion Threads

[the big fella] 19/8/2015 22:10

And also quite a few wanting in

[wanttowin] 19/8/2015 19:57

Over 2.5 million shares traded today inc isdx.
Must have been quite a few wanting out.

[doodlebug4] 19/8/2015 19:49

We all know what the press are like PJ1. Perhaps she was just asked a 'loaded question' and she gave her honest opinion.:-)

[pj 1] 19/8/2015 18:33

Unsure why Janet Thornton is commenting on UTW, Id rather her concentrate on the INSE positives, let the financial press draw the comparisons. Wasted energy imo

edit- says me who has often commented on UTW on this thread :-//

[wanttowin] 19/8/2015 15:14

Excellent post AISHAH

[nw99] 19/8/2015 14:17

The market understanding now INSE good news

[aishah] 19/8/2015 13:37

Management at Inspired Energy (INSE:AIM) says sector peer Utilitywise’s (UTW:AIM) accounting on contract extensions is unnecessarily aggressive.

Utilitywise, a rival of Inspired, is under the microscope after its accounting policies were questioned by Panmure Gordon analyst Michael Donnelly and former finance director Andrew Richardson unexpectedly quit.

Today, Inspired Energy chief executive Janet Thornton piled even more pressure on the under fire Newcastle-headquartered firm, saying the same accounting policies were rejected at Inspired.

Asked whether there was ambiguity in the accounting treatment of such transactions, Thornton said: ‘We do not think we should book the revenue.’

‘We can see why Utilitywise is doing it but it is too aggressive. It’s very risky particularly in a market where an SME company may not stay in business for the duration of the contract or remain in the same premises in the future.

‘You are booking it now for revenue in three years’ time and we think that’s aggressive and unnecessary.

‘We can see why you would do it but it’s not something we’d do in our business.’

Speaking after Inspired’s half year results which showed adjusted earnings per share gained 29% to 0.45p, Thornton outlined a cautious view of SME energy broking.

‘SME plays havoc with our cash flow and it is very much a bolt-on division,’ Thornton says.

‘Our core business remains the corporate division and we’re delighted with the way it’s performing.’

An Inspired investor presentation shows cash conversion in its corporate energy services unit was 99% versus 67% in its smaller SME unit.

Shares in Inspired trade 1% higher at 12p.

Courtesy of SharesMagazine

[funkmasterp12] 19/8/2015 13:37

True Doodlebug, but now with circa 4 years of Zulu-worthy growth under their belts it's time to start getting some heavyweight backers on imo. The foundations are rock solid and I think the business can handle it. The directors releasing equity earlier this year was a good start, we need more of that now.

[doodlebug4] 19/8/2015 12:53

Funkmaster, I originally bought in here in October 2012 and it's been a slow but steady journey with a lot of patience required at times! Agree with you about the PR aspect and getting the message across to a wider audience, but one of the things I do like is that the management are not trying to expand too quickly - far too many smaller companies go to the wall because the people in charge get carried away, take on too many extra staff, move into bigger premises and step outside their realistic target zone.

Chart wise, if the share price can hold above 12p then we could see a move to 14p then above 16p quite quickly.imo

[nw99] 19/8/2015 12:38

Ok my delayed buy for 100k finally printed

[hjs] 19/8/2015 12:24

Very good results and the outlook statement is +ve so the share price will move higher to 18p in the short to medium term but much higher after that. The results of the acquistion will be reflected in the second half.

Outlook

Inspired has always strived to deliver the best service for its clients. Since inception this has been a core principle of the business and one which remains a priority as we continue to grow. The strategic acquisitions made to date have complemented our strong organic growth and the Group has continually delivered strong growth in revenue and profit. In the Corporate division we have increased our geographic coverage and our sector expertise and we have developed a fast growing, profitable SME division in little more than two years.

Inspired continues to go from strength to strength and we look forward to continuing to deliver record results throughout the Group in 2015. We are focussed on maintaining our strong organic growth and integrating the WPUK acquisition into the Group, as well as continuing to evaluate complementary, earnings enhancing strategic acquisitions

[funkmasterp12] 19/8/2015 12:02

Fantastic results but yet again, frustrating price action. We now go into the "dark zone" with INSE with no further scheduled updates due until January. Happy to hang on but they really now need to go on a PR drive to get some more brokers and backers on board. Slater is great but they now need to be going after the Hargreave Hales, the Mitons etc. The company clearly is solid and has excellent fundamentals. The next stage now surely has to be getting out there to promote.

[wanttowin] 19/8/2015 11:05

Good press as to be expected.

[molatovkid] 19/8/2015 10:25

level 2: 2 vs 1....


Very strong update this morning. The business is clearly going places, just need the share price to follow now.

[nw99] 19/8/2015 10:14

Thanks not showing there either 2 x 100k separate trades

[wanttowin] 19/8/2015 10:12

Keep up the good work nw99,are your trades here? trades run 30 mins late on ISDX.

[nw99] 19/8/2015 10:07

Both my buys have not printed yet !

[nw99] 19/8/2015 10:06

Bought another 100k at 11.9 cannot believe weakness in overall market is hitting this ..

[wanttowin] 19/8/2015 10:05

crazy price action, management must be scratching their heads at this.

[nw99] 19/8/2015 10:02

Does anyone have the yield at this price please

[doodlebug4] 19/8/2015 09:51

Panmure Gordon reiterates BUY - target price 18p.

[aishah] 19/8/2015 09:51

Panmure reiterates BUY and 18p target

Michael Donnelly reiterates Inspired Energy BUY "interims show c4% profit beat, but cash is the real star" $INSE #PanmureGordon