Smart Metering Systems Share Discussion Threads

[mfhmfh] 24/11/2017 17:13

also note the trading update ('gathered pace' at the end sounds positive): Since the Company's interim results to 30 June 2017, the Company's continued investment in its gas and electricity metering and data assets portfolio has seen the total number of meter and data assets under management increase by approximately 8 per cent. to 1.81 million as at 30 September 2017 (30 June 2017: 1.68 million) and total annualised recurring income[1] has also increased by approximately 8 per cent to £52.3m as at 30 September 2017 (30 June 2016: £48.4 million). SMS has significantly increased the number of domestic smart meters in its portfolio by approximately 56 per cent to 290,253 as at 30 September 2017 (30 June 2017: 185,666), as the domestic smart meter roll-out has gathered pace.

[mfhmfh] 24/11/2017 17:09

placing at 690p. happy with that.

[douglas fir] 24/11/2017 16:46

24 November 2017 Smart Metering Systems plc Results of Placing Smart Metering Systems plc (AIM: SMS.L) ("SMS" or the "Company") announced earlier today details of a conditional placing to raise approximately £150 million (before expenses) (the "Placing") to be completed by way of an accelerated bookbuild process (the "Bookbuild"). The Company is pleased to confirm that the Bookbuild has been completed and the Company has, conditionally, raised gross proceeds of £150 million through the Placing. Pursuant to the Placing, Placees have agreed to subscribe for 21,739,131 Placing Shares at an issue price of 690 pence per new Ordinary Share. The Placing Price represents a discount of 5.1 per cent. to the closing mid-market price of the Company's Ordinary Shares of 727 pence on 23 November 2017 (being the last Business Day prior to the announcement of the Placing). The Placing Shares will represent approximately 19.3 per cent of the Company's issued Ordinary Shares following Admission, excluding any issues of shares pursuant to the exercise of any employee share incentives between the date of this announcement (the "Announcement") and Admission. The Placing and the Bookbuild were managed by Cenkos Securities plc ("Cenkos"), Barclays Bank PLC ("Barclays") and Macquarie Capital (Europe) Limited ("Macquarie") (the "Joint Bookrunners"). all good

[1squintyflinty] 24/11/2017 10:06

I f the placing price is £6, this will go down further ,but long term this looks like a winner.My target price end 2018 is £10.

[mfhmfh] 24/11/2017 08:46

wonder what the placing price will be

[runthejoules] 24/11/2017 08:41

Any guesses as to what the placing price will be? £6? I'm interested in getting in as a defensive.

[nw99] 24/11/2017 07:16

Placing aghhh

[ashehzi] 21/11/2017 18:14

Thanks for a quick response, especially seen from older accounts here, shows a lot goodness.

[the monkster] 21/11/2017 18:05

It doesn’t

[ashehzi] 21/11/2017 18:03

I want to add SMS to my portfolio for last few weeks. Thanks didn't do last week as its still falling, may be 7£ is a good entry, with 10£ target price. Wonder if SMS has revenue generation outside UK.

[volsung] 15/11/2017 08:39

Bought a few on the dip. Nice share

[albanyvillas] 26/10/2017 11:35

Heading for 900 and then £10

[middlesboroughfc] 25/10/2017 15:03

800p ding dong

[albanyvillas] 25/10/2017 14:18

yo bro CAN YAL FEEL IT https://www.youtube.com/watch?v=fxn2A1oYqvs&list=RDfxn2A1oYqvs#t=0

[opodio] 25/10/2017 09:49

breaking out fellas

[middlesboroughfc] 25/10/2017 05:32

Happy for it to get to 15 pounds and be done with it 👍

[mfhmfh] 24/10/2017 16:58

looking for retrace to add more but happy for it continue upwards

[opodio] 24/10/2017 16:34

ten pounds

[opodio] 24/10/2017 09:27

About to break out here

[opodio] 19/10/2017 19:10

'ahead of' statement soon imho

[mfhmfh] 18/10/2017 11:05

'Macquarie today reaffirms its outperform investment rating on Smart Metering Systems [LON:SMS] and raised its price target to 1125p (from 1068p).'

[deltrotter] 12/10/2017 19:00

Anybody get to see cenkos' note with the £23 target?