Inspired Share Discussion Threads

[1gw] 07/12/2018 07:31

It does beg the question of why they couldn't use paper and a contingent consideration structure this time? I can't see any explicit reason in the document, although perhaps cash is of more interest to the vendors since they are only selling part of their business - so might have ideas for how to spend the cash to build the remaining business.

[rivaldo] 07/12/2018 07:20

Everything is hunky dory with INSE then - except for some shareholder insiders who knew what was being negotiated. Find them and fine them!

This is an excellent earnings-enhancing acquisition for a good price - and note that trading remains good:

"Momentum within the Corporate division from a strong H1 has carried into the second half with continuing organic growth. In addition, the benefits of streamlined focus within the SME division have continued into the second half, reflected in robust margins and cash generation."

"The acquisitions from H1 are now fully integrated into the Group and performing in line with management's expectations.....The Board remains confident in meeting full year market expectations."

Paying £19.5m for £2.9m EBITDA (and £2.4m PBT) looks good value, especially with the potential for cross-selling, margin improvement, synergies post-acquisition etc.

[melody9999] 07/12/2018 07:15

Acquisition and placing at 16.5p. That explains recent share price action. Leaked 3 days ago it seems.

Revenue and margins up c 25%
Financed by share dilution of 115M on top of existing 600M c 19%
Economies of scale should result + cross selling?

[1gw] 07/12/2018 07:05

So the placing is the reason for the drop presumably. What chance an investigation into use of insider information would find enough to prosecute?

[wanttowin] 05/12/2018 16:00

Just topped up with 25k, never expected to see the share price back down here. A great company imo.

[yump] 05/12/2018 12:57

I'm tempted to get back in, but the 25p level has been touted for a long time as being what they are worth, even before the markets took a tumble, so not sure what the driving force will be to get them up there...

[winnings1] 05/12/2018 12:48

RNS: Chesham House Asset Management has built a 12.43% stake (see RNS today).

[winnings1] 05/12/2018 12:14

Fall has gone too far. Fundamentals suggest that the shares here deserve to trade region 25p. That is a long way ahead from today's 16.5p. I hold long term and topped up yesterday at a little above 16.5p.
Cheers.

[rivaldo] 05/12/2018 11:04

RNS - Gresham House now own 7.44m shares, or 12.43%:



Livingbridge are now part of Gresham House. At 8th November they owned 73.7m shares, so it appears they're still buying and have bought another 700,000 shares (unless Gresham had a prior residual holding, which seems unlikely at that size).

[yump] 05/12/2018 10:50

Under what circumstances would you expect the company broker to say:

"Woops, oh yes sorry, there's been a downgrade in forecasts originating from our discussions with the company and someone forgot to let you all know"

[melody9999] 05/12/2018 10:44

One would assume from the rapid share price fallthat something was up. But this is not the case, as per response from company broker:

Dear Steve

Many thanks for your email.

Please be assured that the Company is aware and cognisant of its responsibility as an AIM company and if there was an area of concern this would have been communicated.

Best wishes.

Kind regards

Justine


Justine James
Managing Director
Gable Communications

[diesel] 04/12/2018 18:22

Yup there you have it 1/2 mill sold at 15.6 p, may see an announcement if this is from a notifiable holder. The big question is why sell at this time and is that it or is this part of a bigger sell order...

[winnings1] 04/12/2018 17:20

I just now noticed a sell transaction for half a million shares, looks like
a fund manager erring... yes they can and they do err.

[winnings1] 04/12/2018 16:58

Big fall on low volumes is an unwarranted fall, recovery will be soon, IMHO.
Nothing sinister at the Company, just a few more sellers than buyers on a not so overly liquid stock.

[buoycat] 04/12/2018 10:58

It was over a year ago. Very low volume here. Even after the price has dropped.

[pictureframe] 04/12/2018 10:48

Perhaps the reason for CEO resigning is about to surface?

[diesel] 04/12/2018 10:31

We will find out eventually, something ain't right! This is a solid stock with a record of growing revenue, profits and divvies.

[owenski] 04/12/2018 10:23

Haven't invested in this since JT got the boot. Didn't like that and couldn't find out any reason why that happened.

[yump] 04/12/2018 10:20

Glad I sold when the apparently good results didn't result in any share price rise. I wonder whether this drop is the result of fallout from the smaller energy companies going bump, although there's no direct relationship.

Still difficult to know which figures to look at to assess performance. Perhaps that is the issue and some folk don't want to be holding into the next update/results.

[winnings1] 03/12/2018 21:05

No fundamental reason for the fall. Seen similar dips before, General of short duration, generally followed by a strong recovery. INSE is a growth Company operating in a growth market, making good profits, making solid progress year on year. I hold long term.

[winnings1] 03/12/2018 21:04

No fundamental reason for the fall. Seen similar dips before, General of short duration, generally followed by a strong recovery. INSE is a growth Company operating in a growth market, making good profits, making solid progress year on year. I hold long term.

[rivaldo] 03/12/2018 13:54

Volumes are tiny - just £18k traded in total! Looks like the MMs are on the hunt for cheap stock and are screwing sellers for all they can get.

Forecasts are for 1.59p EPS for the year about to end and 1.7p EPS for next year. With 0.62p and 0.7p dividends.

Given that INSE achieved 0.78p EPS in H1 - with 3 acquisitions in H1 and another midway through H2 set to fully contribute - and with a confident outlook from the interims, INSE looks extremely cheap at present on a P/E of 10.7 for the coming year.

[diesel] 03/12/2018 12:06

And on a day when the market is up 2%!, the MM's have wind of something they sure don't want to buy stock...

[wanttowin] 03/12/2018 11:57

Whats happening today, down 10% on zilch volume !

[rivaldo] 29/11/2018 12:10

Another useful-looking partnership:



"26th November 2018

St Helens Chamber members can now access a range of services to help them lower their utilities bills and reduce energy usage.

Inspired Energy plc is one of the UK’s leading energy consultancies, working with corporate and SME businesses to optimise the value of every pound spent on utilities. This is achieved through a range of specialist solutions aimed at lowering bills and protecting businesses against rising energy costs and changes in legislation.

Ben Beetham, Head of Partnerships at Inspired Energy plc, said: “We are incredibly excited to announce our strategic partnership with St Helens Chamber. The partnership is set to deliver a range of energy services which will help St Helens Chamber members solve a range of utility cost and carbon challenges. By working with us, you gain access to our specialist teams that are highly experienced in dealing with the energy spend demands of your business.”

Regardless of how much energy you use, our team of energy experts can provide a bespoke energy service which meets your specific needs. Working across all utilities, including electricity, gas, water and renewables, we will relieve you of the burden of managing the many utility cost pressures confronting your business. This will leave you free to focus on running your organisation as profitably and effectively as possible.

St Helens Chamber is one of the largest Chambers in the UK, having more members for their size than any other Chamber in the country. St Helens Chamber mission is “To support our Members and enhance the economic success of St Helens businesses and people”."