Smart Metering Systems Share Discussion Threads

[fastbuck] 09/7/2015 16:54

What are brokers expecting in EPS this year, and next if anyone knows? The only figures I have found is PTP of £17.4m I recall from Cenkos for the current year, assuming a regular 20% tax charge gets me to c. PE of 21 which isn't a bargain.Thanks

[mach100] 28/5/2015 14:32

Hi Uhound , welcome aboard. I think the company is in a sweetspot when you consider the rollout of smart meters by 2020. SMS are not dependent on this as it is the industrial meters that makes big money. The rating is a bit racy but the potential for growth is huge. I would like to hear some news from these international trials that are oft mentioned but don't seem to have had a quantifiable outcome. I bought these at 350p and sold half at 352p as I thought there was a better prospect elsewhere. I would be interested in these at 310p again having seen them rise to 410p but never sold. It does seem to yoyo between 310 and 400p and is mostly found between those two. Meters have been around for ages elbee and I am not aware of any law suits so it would be helpful if you could elaborate. The biggest issue facing these is how to operate in flats and public indifference.

[mr.elbee] 28/5/2015 10:00

wait for the law suits form neighbours...another PPI in the making..doomed.

[uhound] 28/5/2015 09:45

Have been watching for a while and after today's update decided to get on board. Will be interesting to see if the press and other media highlight the potential here now.

[macarre] 25/5/2015 23:00

how far? I'm probably a buyer at 316p.

[raycahill2002] 07/5/2015 14:07

this company is going far!

[jeffcranbounre] 25/3/2015 20:42

I chat about SMS in today's ADVFN podcast with Alan Green CEO of TradersOwn.co.uk To listen click here> http://bit.ly/ADVFNPP

[mach100] 16/3/2015 10:24

Results out. Nice hike in divi and revenue. P/E is probably still high but good visibility in earnings. Looks like the acquisition is performing well.

[johnwise] 16/3/2015 07:40

Great stock ideas: Smart Metering Systems PLC Final results for the year ended 31 December 2014 http://uk.advfn.com/news/UKREG/2015/article/65869923

[mach100] 30/1/2015 15:40

Yes, very good update today. Should be a good defensive stock due to its profitability and good visibility. After its results it took some time to gain momentum. I expect it to gain some traction quickly after the recent sell-off. Nearer 400P would be more appropriate for SMS which is growing nicely. I would like to hear a bit more on the international trials though and whether the company plan to expand into other territories.

[neurolodger] 08/1/2015 04:55

Looks like it is unable to breakout above £4

[mach100] 10/12/2014 13:10

Lots of buys at 400p so might be ready for a new trading range. Nearly 750k quid's worth bought today so it is very nice to see some faith in volume and not just price. I think SMS will be one to watch in 2015, given the favourable regulatory regime about to come in around smart metering.

[mach100] 08/12/2014 10:59

I think 400p will be retested soon. Buyers seem to have the upper hand on this. Still a struggle for direction as it see-saws between sellers taking profits and a new trading range of around 390p.

[mach100] 05/12/2014 15:09

Starting to power ahead today with buyers at all prices ahead.At around 390p. It is on a p.e of 32 on a fy profit of 12.5million, which would drop to 23 in 2015. In the six months to 30 June, revenue was up by 44% at £18.9 million and gross profit leapt by over half to £12.2 million, giving basic EPS of 4p, up 23%. These figure might be a bit conservative. We shall see when results are out in March.

[mach100] 10/11/2014 21:28

I would saying a buying opportunity neuro. It has often bounced off 310p so if it gets that low I would certainly say it is worth it. The drop is overdone. If it was a bit high at 410p then it is certainly too low now. It has good visibility and the industrial meter sector where it is a leader is much more lucrative than the residential one. Meters will be compulsory from 2015 so the compnay is in a sweet spot. It has diversity into Wales (and internationally if the trials are a success.) It reminds me of a company I sold out too early from in Paypoint which is still doing quite well. I say buy.

[neurolodger] 07/11/2014 15:42

Any reason for continued drop in price or a buying opportunity?

[mach100] 10/9/2014 13:50

Yes painter. It is very well positioned and has made a good acquisition recently. The directors believe in it as almost 75k was spent yesterday by them. Not sure why the drop but it is a buying opportunity for new Pi's.

[painter] 10/9/2014 12:58

This is a puzzle. Good results, promise of more revenue to come. Anyone see what I have obviously missed here?

[string] 01/7/2014 11:19

Great to see this moving in the right direction

[mach100] 30/6/2014 17:38

Good write up Dragon! Should slay the sellers!

[dragonsteeth] 30/6/2014 14:17

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