Inspired Share Discussion Threads

[rivaldo] 20/2/2018 11:00

Looking strong at present. Results are on 22nd March, and we know they'll be good from the excellent trading update, which concluded:

"Inspired Energy had an excellent 2017 and I am confident that 2018 will be another year of significant progress for the Group with trading in the current year to date strong."

[wanttowin] 01/2/2018 12:07

1.5 mill sale after hours yesterday

[turnerpa51] 01/2/2018 09:50

ADVFN got it wrong again that 150 k trade was a purchase

[turnerpa51] 01/2/2018 08:59

And some more this time she’s going up, until some so and so sells. On fundamentals I would hope this share will perform in a similar fashion to IDEA where I have made a few pounds

[turnerpa51] 01/2/2018 08:29

I’ve been buying too, although share price seems to ease each time I purchase!

[yump] 30/1/2018 23:17

Just noticed quite a lot of shares changed hands yesterday - biggest volume for a while - whatever that means.

[greenroom78] 30/1/2018 11:05

I've been buying back in also. I held last year from 14p to low 20s but sold out too early and missed the big spike, things seem to be building nicely again and it looks set for another leg up.

[yump] 30/1/2018 09:38

Well I've been buying. If you think trendlines have any validity, then this is on the bottom one.

[rivaldo] 29/1/2018 22:52

The IC say Buy in a quick snippet as follows:

"Shares in Inspired Energy (INSE) are up 2 per cent this morning following a trading update from the group. Trading on all fronts has been strong for the group and it expects to report results in line with expectations, with revenue and order book increases of 28 and 39 per cent respectively. Buy."

[caterham88] 29/1/2018 12:54

Thanks yump. When you read about the Sales Director's responsibilities on INSE's web site ( ), it wasn't just sales, there were purchasing activities too. Those are big boots to fill. On the other hand, INSE is probably now in play, so I won't be selling.

[cheshire man] 29/1/2018 12:27

Thanks for that mfhmfh :-)

[mfhmfh] 29/1/2018 12:12

buy rating reiterated in today's IC

[yump] 29/1/2018 10:11

I think the only choice is to go by what the business is reporting - there's no reason for the personal reasons to be explained and without that its just guesswork. I have a feeling in this case 'personal' probably means just that - there's no mention of other business interests.

[caterham88] 29/1/2018 10:00

I have 2 concerns. The stepping down of the Sales Director, Matthew Thornton to Non Exec status, leaving only 2 exec directors, the CEO and FD. In October, Janet Thornton, the previous CEO also stepped down "for personal reasons". Has there been a big fall out with these directors, who between them own 15% of the company? The 2nd concern is that the current directors don't have significant share holdings - one of the reasons I invested a year ago.
Any comments?

[rivaldo] 29/1/2018 09:50

Canaccord have 1.63p historic EPS for last year and Panmure have 1.5p EPS.

For this year Canaccord have 1.82p EPS, and Panmure 1.8p EPS, rising to 2p EPS next year.

Peel Hunt are the outliers, with historic 1.24p EPS and 1.48p EPS this year. I haven't got their research and tend to dismiss this as out of date - INSE made 0.78p EPS in H1 alone.

Given 1.8p EPS for this year (2018) a 21.5p share price is extremely good value on a P/E of only 11.9.

Worth noting that the Corporate Order Book at £39m is down slightly from the end of H1 position. It's still hugely up from 12/16 and is broadly consistent, so it's perhaps a timing thing rather than anything else.

[yump] 29/1/2018 09:24

Its on a sort of middling rating - I've got 1.2eps this year and 1.5eps next year. Potential for some decent share price movement once the focus moves to next year I think.

Depends on the perceived quality of the business and earnings, which seem to be improving all the time.

Given the pencilled in growth, a p/e of 20 wouldn't be over the top.

[xajorkith] 29/1/2018 09:14

Quite a modest reaction to such a positive update.

Slow & steady will do me though, with broker upgrades & new highs likely in the months ahead.

[cheshire man] 29/1/2018 07:56

Excellent indeed rivaldo :-)

[rivaldo] 29/1/2018 07:19

Excellent trading statement this morning:

- in line with twice upgraded expectations
- order book up a whopping 39%
- EBITDA up 33%
- trading is "strong" and this has continued into 2018
- good to see Matthew Thornton remaining as an NED, confirming that JT's stepping down was amicable as previously explained

Very bullish outlook comment:

"I am pleased to report all three acquisitions concluded in 2017 are performing in line with expectations and the integration process is progressing well.

"Inspired Energy had an excellent 2017 and I am confident that 2018 will be another year of significant progress for the Group with trading in the current year to date strong."

[cheshire man] 25/1/2018 13:45

Indeed Xajorkith....on the 30th so maybe Tuesday is the day :-)

[xajorkith] 25/1/2018 13:18

Nice to see this rising again :)

Trading statement imminent based on the last two years.

[rivaldo] 18/1/2018 14:37

Great minds think alike CM :o))

I also notice from the highly successful River & Mercantile Fund's quarterly newsletter issued this morning that INSE are their sixth largest holding, which is encouraging (I hold 3 of their top 10 and another of their top Q4 contributors (most of the others are either resource stocks or far too speculative/overvalued for me):

[cheshire man] 18/1/2018 14:06

Interestingly enough I also thought the same as stated in your first paragraph,,,certainly bodes well for INSE :-)

[rivaldo] 18/1/2018 13:53

Yet more woes from UTW this week. Surely no reputable organisation would now undertake business with UTW rather than INSE given the choice.

I note that INSE is now a multiple of UTW's m/cap. I pooh-poohed previously the idea of INSE's acquiring UTW, but I suppose if INSE could clean UTW up then perhaps it might be cheap at around these new lows.

[rivaldo] 10/1/2018 07:36

Peel Hunt today reiterate their Buy and 25p target: