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Share Name Share Symbol Market Type Share ISIN Share Description
Smart Metering Systems Plc LSE:SMS London Ordinary Share GB00B4X1RC86 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -8.00 -0.96% 822.00 821.00 824.00 837.00 819.00 837.00 38,023 13:28:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 103.0 195.0 171.7 4.8 17,530

Smart Metering Systems Share Discussion Threads

Showing 101 to 125 of 450 messages
Chat Pages: Latest  6  5  4  3  2  1
DateSubjectAuthorDiscuss
01/7/2014
12:19
Great to see this moving in the right direction
string
30/6/2014
18:38
Good write up Dragon! Should slay the sellers!
mach100
30/6/2014
15:17
This from a Trustnet article re Fund manager Harry Nimmo Http://www.trustnet.com/News/518454/the-stocks-harry-nimmo-is-buying-with-his-asos-profits/1/1/ Smart Metering Systems Nimmo says he bought this FTSE 250 stock a few months ago, playing into a larger theme in his portfolio. "There are a number of firms that aren't major energy companies, that can benefit from rising energy prices and this is one of them," he said. "The company sells smart meters to both small businesses and households, helping users to be more efficient with gas and electricity." "There is a regulatory imperative for the devices to be fitted over the next three or four years and so there is potentially massive market penetration." Smart Metering Systems is currently a £200m company, but Nimmo says it could grow much bigger than this. Since the stock was first listed, just under three years ago, it has risen rapidly by more than 400 per cent, but has fallen since the beginning of June by over 11 per cent. The stock is held by seven funds in the IMA universe as a top-10 holding, including L&G Special Situations, L&G UK Alpha and L&G UK Active Opportunities. They all have between 4 and 6 per cent invested in the company. The Old Mutual UK Smaller Companies and Old Mutual UK Smaller Companies Focus funds, run by FE Alpha Manager Daniel Nickols, have 1.7 per cent and 2.3 per cent, respectively. Star manager Paul Marriage's Schroder UK Dynamic Smaller Companies fund has a 2.55 per cent weighting
dragonsteeth
29/5/2014
19:11
I was about to ask the same thing string. They have rns'd to say all resolutions were passed. The CEO got a 14% pay rise two weeks ago but given that the share has risen quite substantially in the last year added to the cracking acquisition from Wales, even I will not quibble with his payrise. It would be interesting to hear from someone who was in Glasgow. We might get a write up from the Glasgow Herald tomorrow and If I find anything I will post a link.
mach100
29/5/2014
17:08
That was supposed to say any news from the agm
string
29/5/2014
17:07
Thanks Mach100 anyone's from agm
string
28/5/2014
19:59
String I think today's all if that is what you are referring too is exaggerated by the close and I expect to see a bounce on the open tomorrow.Besides the agm is tomorrow and I am expecting a positive statement from SMS which should give a boost to the price.
mach100
28/5/2014
17:01
Woah whats happened here?
string
19/5/2014
17:52
I hope to see some activity here, SMS has risen despite market going down.
neurolodger
18/5/2014
20:38
You got a good price neuro. I know the wider market is hard to judge.I don't think SMS will fall on fundamentals, mainly due to wider market sell-offs. I suppose if it fell to 340, 320p you would be kicking yourself for not selling s you could buy back more cheaply. However the spread is quite wide so it is difficult to trade. I think patience will be rewarded rather than trying to time it. I have seen trades of half a million quid a pop on these. I reckon those who are lashing out that kind of dough must be fairly confident. And I am sure this is a growth stock with more to come.
mach100
18/5/2014
09:06
Thanks I got around 310 I was thinking to come out I might hang in till 5Yes the P/E ratio is high hoping if it comes down may hang on longer
neurolodger
15/5/2014
19:24
Hi Neuro. Nice to see someone other than me here. SMS is on a high trailing P/E of 51 but i think that this should come down very quickly. You can see from the last results that there is plenty of growth to come this year as well as guaranteed recurring revenue of £15.5 million. As below there are estimates for 22000 I and C meters this year. These are equivalent to 300000 domestic customers so that makes 480000 domestic customers in essence. If it could grow its EPS by 52% again from 7.86p for y/e 2013 to 12p for y/e 2014 then we would be on a p/e of 35 for a share price of 425p. I don't know what p/e similar companies trade on but I expect it to be high given its phenomenal growth. I am waiting for 500p myself as there are some really chunky buys here which tells me large institutions are accumulating and happy with the direction of travel. There are also customers taking trials which would add to the bottom line as well as diversify risk. I bought in a bit late to these at 350p. They are slightly range bound but we saw a similar yo yo pattern between 310p and 350p for many months before they broke out. I had a similar company before in Paypoint which I bought for about £1.80 sold out at £3 quid odd and it went over £10. So I am being patient with this one. "During 2013 we made substantial progress in all three areas of our business. Following a strong first half where we saw our meter portfolio increase by 60,000 and break the 400,000 level, growth accelerated in the second half with a further 69,000 added leading to a 38% increase year-on-year in our gas meter portfolio. The progress we have made in establishing long-term recurring revenue was evidenced by an increase in year-end annualised recurring meter rental revenue of 44% to £15.5m and £300k data provision sales from our ADM™ device. The company had only delivered 2000 I and C meters by December 2013 so there is 10x times that to come this year Industrial and Commercial meters During 2013 we were delighted to announce a number of major new contracts for the provision of gas meters within DONG Energy, Opus Gas Supply, Flow Energy, Daligas, and Crown Gas and Power. The current estimates are for a total programme in excess of 22,000 meters to the end of 2014, of which over 2,000 had already been delivered by 31 December 2013. In addition, SMS has also signed contracts with five energy brokers who provide brokerage and energy management services to small, medium and large group consumers for the provision of the ADM™ device and gas meters. The broker business is at present a small but growing part of our portfolio. The increase in customer base during 2013 now means that SMS has contracts in place with over 80% of the total I&C meter market. Once installed, these meters will be on SMS's long-term index linked contracts and provide recurring revenue for the lifetime of the assets (expected to be 25 years). The size of I&C meters is typically much greater than that of domestic meters and therefore the revenue per meter is substantially higher: the equivalent number of domestic meters for these 22,000 contracts would be in the order of 300,000. SMS has now installed over 16,000 ADM™ devices and feedback continues to be very positive. The ability of remote reading alongside SMS's full service capability in the I&C market provides a major opportunity for the Company in extending the service we offer and the ability to seek out further markets for our overall service. The small I&C market, estimated by SMS at over 1.1 million meters, has until 2014 to either opt for an advanced metering solution such as the ADM™ device or, alternatively, to be included in the government's proposed domestic roll out of smart meters. SMS believes that both market segments will find the ADM™ device an attractive solution, based on its competitive price and ease of installation. The Company received full European Patent Approval for ADM™ in 2012 and continues to progress the potential use of the ADM™ device in other sectors such as the UK's water and LPG industries and internationally where trials have commenced. Domestic Meters SMS was successful during 2013 in obtaining 2 further contracts in the domestic market. As previously announced SMS has been contracted by SSE to provide Meter Operations Services in all regions outside Scotland and the South-East of England up to April 2014, and is on track to complete the original 180,000 meter program. SMS will continue to support its existing and potential new customers in the domestic market for gas meter services, leaving the business well placed to support our customers in the domestic smart programme, now expected to commence in the autumn 2015. We are well placed to capitalise on the this potential rollout of smart meters in the domestic market, though our future strategic growth is not reliant on this taking place, either in terms of capturing market share or in terms of increasing revenue growth."
mach100
15/5/2014
06:15
Hi Mach100What would you consider as fair price for this company. I did hang on to it after results!Thanks
neurolodger
03/5/2014
14:58
hxxp://www.heraldscotland.com/business/company-news/smart-metering-systems-in-huge-expansion.23724385 Looks like SMS need the staff. 50% increase in headcount. Those who sold after the results must be feeling pretty sore as it is up over 25% since. The industrial market is where the money is at- 23 times as valuable as domestic meters- and sms will increase theirs tenfold from 2000 to 22000 by the end of this year. Looks like even after three profit upgrades I am here alone. Lovely stuff!
mach100
01/5/2014
18:41
Nice jump today and a very large buy which could be a rollover or big fund buying. With a retrace over IMO this is ready to push on to 450p.
mach100
22/4/2014
09:53
Well people already pay more for having a prepayment meter in. Smartmeter could also help people save money by helping users to control usage remotely. SMS make far more money from industrial meters as it happens but it also has other options. The recent acquisition means it can go for the electricity market and also gives it geographical diversification as it is based in Wales. Plus the international trials that are going on. I think there is just a temporary pause in the share price on low volume and we should see 450p within six months.
mach100
21/4/2014
18:36
Not if it pushes up energy prices, pointless to have smart meters for residential customers. If I'm cold I will put my heating on, I don't need a meter to tell how much I'm using.
lennonsalive
20/4/2014
21:24
Nice article Mr E AND ONLY A YEAR OLD! The EU wants to harmonise smart meters across its region so it is coming, one way or another. SMS are in a sweet spot right now!
mach100
20/4/2014
15:46
http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CDEQFjAA&url=http%3A%2F%2Fwww.telegraph.co.uk%2Fearth%2Fenergy%2F10015679%2FBritish-families-at-risk-from-smart-meters-campaigners-tell-MPs.html&ei=vN1TU76ODqjw4QSXv4HgBQ&usg=AFQjCNF-l0RE2rMsZJjdDF0V05m0L372lQ&sig2=IThLZf6Qky_HOjvEDah9Bw&bvm=bv.65058239,d.bGE doomed
mr.elbee
20/4/2014
15:43
Mass rollout from autumn 2015 Each energy supplier will have its own plans for rolling out smart meters to customers. In accordance with government proposals, all suppliers will be obliged to complete the roll-out in 2019. Under current plans, most customers will receive their new smart meters between 2014 and 2019. A summary of what the big six energy companies have done so far: Supplier National rollout (due 2014) Number of smart meters installed Taking part in trials? Can I get a smart meter fitted now? More information British Gas Aims to install 2m by the end of 2012 over 900,000 to date N/A No. British Gas is selecting customers from across the country for installation Details at the British Gas website. EDF No Not known Says it is taking part in several trials No Details at the EDF website. E.ON Intends to have installed 1 million smart meters by the go-live date Not known Yes Selects customers for trials; if you are interested in taking part register at the E-On website. Details at the E.ON website. NPower No Not known Yes, in the Midlands, plans for further trials in Yorkshire and the North East No – see the Npower website. Details at the NPower website. Scottish & Southern No 9,700 Yes No Details at the Scottish & Southern website. Scottish Power No The roll-out has been pushed back to Autmn 2015 so plenty of growth to for! sms are alsotrying to break into the water and electricity markets.
mach100
14/4/2014
07:30
Great acquisition and a diversifying into electricity as well as international territories. Earnings enhancing immediately with share incentives to do well linked to share price of SMS. Today will be a poor market day I feel but SMS might see a positive reaction. Good appointment to of the ex Scottish Power guy as this will give clout.
mach100
05/4/2014
19:11
This is slowly heading to £4. Not sure why it is off the radar but I like the momentum that is gathering here.
mach100
28/3/2014
22:58
That's 18% of shares in the hands of liontrust and Viacom. They obviously see value here. The visibility of 25 year earnings must be very attractive as well as the potential growth. We are ever closer to compulsory smart meters in the uk. I would love to see some of those international trials come to fruition to diversify the customer base. Could easily double bag from here.
mach100
27/3/2014
16:28
Up another 5% today even with a largeish spread. Something definitely is afoot and now we have broken resistance on large volume, next stop is £4.
mach100
25/3/2014
16:28
Would love to know what is behind the rise. Absolutely massive volume and huge buying. It has broken through resistance today so £4 is possible in short order. I keep expecting to flop but perhaps some institution is buying in volume. Great visibility of earnings and 2015 rollout of smart meters which are to be compulsory show that SMS is in a sweet spot at the moment.
mach100
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