Inspired Share Discussion Threads

[wanttowin] 27/3/2019 08:14

Added just a few @18.45

[rivaldo] 27/3/2019 07:43

Agreed. 1.61p EPS is slightly ahead of forecasts of 1.57p EPS.

As is the 0.65p dividend (against 0.6p forecast).

And with such a strong increase in the order books it's no wonder the outlook statement is so confident:

"Following an excellent 2018, we have had an encouraging start to 2019 and I am confident that the team will deliver another year of significant growth."

[1gw] 27/3/2019 07:18

Looks good. Net debt has gone up as a result of acquisition payments and there's an investment programme to come, but cash generation is strong. Very good year-on-year metrics, a meaningful dividend and a good outlook statement.

[wanttowin] 27/3/2019 07:13

Superb set of results, back to 20p soon surely.

[rivaldo] 26/3/2019 10:00

Results tomorrow.....

[rivaldo] 19/3/2019 08:29

Activity has picked up a tad this week prior to results, which are on 27th March so only eight days to go. Consensus is 1.57p EPS, with a 0.6p dividend.

Forecasts for this year are 1.8p EPS, with a 0.7p dividend.

[rivaldo] 11/3/2019 12:23

:o))

I think the first two sentences are the important ones. Whatever, it's great to see the likes of Gervais Williams being confident about INSE.

[diesel] 11/3/2019 09:22

Riv, can't argue with that, but surely that applies to virtually every company, I wonder how much he gets paid for that pearl of wisdom?

[rivaldo] 08/3/2019 09:42

Despite the excellent year end update, the share price has been marking time/drifting whilst I've been away on hols.

Results are on 27th March, so not long to go. Consensus is 1.57p EPS, with a 0.6p dividend.

Forecasts for this year are 1.8p EPS, with a 0.7p dividend.

Found this in Liontrust UK Microcap Fund's Dec'18 investment letter for the record:

"A share placing contributed to a monthly share price fall for Inspired Energy (-23.4%). The company is an energy procurement consultancy firm that in the managers’ view possesses core Economic Advantage assets through its high recurring revenues and embedded distribution strengths. In December, a share placing of £19m helped fund the acquisition of Inprova Finance, a company that offers similar services with particular strengths in data centres, social housing, education and construction. The acquisition is expected to generate substantial cross-selling opportunities."

[rivaldo] 15/2/2019 14:35

Ken Wotton at Gresham House certainly likes INSE :o)) This is from yesterday.....



"Inspired Energy – Ken Wotton, manager of the LF Gresham House UK Micro Cap and Multi Cap Income funds

While large-cap businesses are generally impacted by macro factors, the agility and niche positioning of smaller companies may allow them to react positively to broader economic headwinds. One such company, Inspired Energy, is poised for strong performance in 2019. The company is one of the UK’s leading independent energy consultants, advising mid-sized corporates and higher-end SMEs on how best to optimise utility expenditures.

The appeal of Inspired Energy is its revenue largely comes from energy providers. While it advises mid-sized corporations, Inspired Energy is paid in commission from contracts with large energy suppliers, with payments based on the energy usage companies incur. This guarantees multi-year revenues and high earnings visibility for the business. We believe Inspired Energy understands its customers, and it has been one of our long-term holdings."

[rivaldo] 14/2/2019 11:07

The market is sometimes a tad slow to catch on...



"The administrators from FTI Consulting immediately closed its biggest division, which is understood to have resulted in 576 people being made redundant."

"Its primary business and most of its employees were in its enterprise division, which brokered electricity, gas and water deals for small businesses. It also had a broader energy consultancy business."

[rivaldo] 14/2/2019 06:41

UTW last night went into administration - this has to be great news for INSE (if sad news for the UTW staff).

INSE should be able to take advantage one way or another. Given the recent large Inprova acquisition, a bid to the administrators to scoop up assets cheaply may be somewhat indigestible, but there will presumably be many clients of UTW looking to change to a more reliable adviser.

[rivaldo] 05/2/2019 09:13

Newly tipped here as a Buy by Ken Wotton, co-manager of LF Gresham House UK Multi Cap Income - should bring in some further interest:



"Buy: Inspired Energy

(LON: INSE)

“We’ve known about this company for a long time,” says Wotton. Given that the Micro Cap fund has held a stake in the company for a while, he says, “recently we invested via the income fund”.

The best way to describe Inspired Energy is as an energy procurement consultant. It advises companies with higher-than-average energy use on the contract and tariff best suited to their energy needs. For this advice it earns both a switching commission and a per-unit-of-energy commission from the energy supplier. Wotton says the firm has a highly sophisticated system for determining the specific energy use pattern of client companies and the best tariff s from different suppliers in particular areas.

The stock has been held since the income fund’s launch. However, Wotton topped up when the company announced in late 2018 that it was looking to raise further capital to buy some of its competitors. Inspired Energy has a historical yield of 3.5% and has progressively increased its dividend over the years."

[rivaldo] 01/2/2019 11:15

Partnership news:



"Energy consultancy partners with Wirral Chamber of Commerce

Wirral Chamber of Commerce has announced a partnership with Inspired Energy, which has joined the organisation as a new Patron Partner. The energy consultancy works with corporate and SME businesses to lower their utilities bills and reduce energy usage. 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, said: “We are delighted to welcome the Wirral Chamber of ... For the full story register now for free or login below... "

[rivaldo] 30/1/2019 22:34

Tipped here:



"Therefore, it could be worth buying alongside another stock which appears to also offer a low valuation and that reported an encouraging update on Wednesday.
Improving prospects

The stock in question is energy procurement consultant Inspired Energy (LSE: INSE). Its trading update showed revenue for the 2018 financial year is expected to be 21% ahead of the previous year. Its core Corporate Division recorded sales growth of 29% and contributed 84% of group revenue. Adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) is expected to be 24% up on the previous year, with trading having been strong throughout the year.

The company also reported that the strong momentum of 2018 has continued into 2019. It’s on track to deliver a rise in earnings of 7% this year, which suggests its recent acquisitions are performing well. With scope for further M&A activity, the business could generate an improving financial performance.

Since Inspired Energy trades on a price-to-earnings (P/E) ratio of around 10, it seems to offer good value for money too. With an improving profit outlook, it could be a strong performer over the long term."

[winnings1] 30/1/2019 07:45

Excellent Trading Statement. Clearly the shares are undervalued at 17p. Can only go north from here, IMO.

[1gw] 30/1/2019 07:14

Nice clean in-line TU.

[rivaldo] 30/1/2019 07:14

Excellent year end update today, with trading nicely in line with historic 1.54p EPS.

The key Corporate Order Book "stood at £53.0 million (2017: £39.0 million) representing year on year growth of 36 per cent". This augurs extremely well.

And the outlook is great, supporting 1.77p EPS and more this year:

"Trading remained strong throughout the year and this trend has continued into 2019, underpinned by the order book."

"Inspired Energy had an excellent 2018 and I am confident that 2019 will be another year of significant progress for the Group with trading in line with expectations."

[winnings1] 28/1/2019 08:16

UTW's sale may prove beneficial to INSE.

[1gw] 28/1/2019 07:10

Formal sale process at UTW to try to salvage some value.