Utilitywise Share Discussion Threads

[cockerhoop] 11/4/2016 09:35

Bennywin,

Interesting that the RNS subsequent to the Jan Trading Update (29,000 customers) had reduced numbers of 28,500 UK customers whilst todays states 29,000.

Suggests numbers are being updated unless they using different RNS templates/

[bennywin] 11/4/2016 09:21

I am a bit concerned that it appears UK customer numbers have remained static since the Jan trading update.

Hopefully this customer number footnote is an oversight. If it is not it implies growth has stopped which would not be a good sign.

[le4r] 11/4/2016 07:48

Thanks for the tip!

[seans66] 11/4/2016 07:37

Use the vox market app, it's really good for RNS alerts.

[eaaxs06] 11/3/2016 11:09

I thought yesterday's flurry might have cracked the 185p buying barrier.

But it looks as if I was wrong.

[eaaxs06] 09/3/2016 13:52

Still on a pathetic 30 trades all day, albeit that the average size is a bit larger.

No-one wants to pay over 185p for them, though.

Let's hope it starts to pick up a bit more from 14.30.

[qs99] 09/3/2016 12:12

that will help IMO....edging up today....with no notifiable short positions IMO that should help the stock progress nicely with some decent news flow and/or demand....DYOR

[bazzer1000] 08/3/2016 20:36

GSA Capital now below 0.5% short. Now no notifiable short postions. ie >0.5%. Let's see if it stays that way.Baz

[bennywin] 04/3/2016 09:26

They seem to pick up every afternoon.
It's as if the yanks are buying .

[eaaxs06] 03/3/2016 21:53

I was very tempted to sell out at 184, this afternoon, but thought better of it.

At least the trades picked up, and it's slowly heading in the right direction.

[shanksaj] 03/3/2016 16:36

Looks like a classic breakout pattern has been created since last November, and the breakout is just about to start. Besides, the div is good.

[bennywin] 03/3/2016 16:12

Those cant have been buys at 185 or the price would have risen.

Looks to me that someone is constantly hoovering up loose shares.

I would be inclined to hold fire for a while.

[eaaxs06] 03/3/2016 13:53

After holding, and adding, this share for over 12 months the boredom is getting to me, so I'm tempted to get out.

It's nearly 2pm, and there's been 20 trades all day.

It's like watching paint dry.

[bennywin] 26/2/2016 15:09

Interesting spike this afternoon.
News pending ?

[cockerhoop] 19/2/2016 10:04

Certainly the distribution of reviews doesn't look very natural to me.......appears someone had time on their hands in Oct 13 :-)

[le4r] 19/2/2016 09:58

And, unless I'm mistaken, it's his patient capital - not CFWE - fund.

[buffetteer] 19/2/2016 09:48

He can't even get his facts right about Woodfords stake - it's 26% not 15%!
Every single reseller of energy gets complaints -some disgruntled ex employees .
A
Friend of mine used them and saved
Them money and were keen.

[bennywin] 19/2/2016 09:26

Some pretty slanderous comments there.
I would hope the poster has proof to back up some of his comments .

[cockerhoop] 19/2/2016 08:34

Interesting and informative comment to shareprophets post 2332:

ALCIRA16247

18 February 2016, 13:25

Steve

I don’t like this company! It has an appalling reputation within the unregulated TIP energy industry.

Apart from the numerous questions over UTW aggressive accounting policies from financial commentators, there is ……..

Both Ofgem and various other consumer organisations have identified recurring complaints from TPI customers including instances of mis-selling, lack of contractual transparency and poor behaviour. Chief culprits for complaints of mis-selling is Utilitywise.

“Once Utilitywise has authority, they are free to sign you up to any rate they choose. We have seen clear evidence that they are commonly contracting small businesses onto electricity tariffs in the region of 15p/kWh to 20p/kWh and we’ve seen gas tariffs over 5p/kWh. These are extortionate prices for small businesses to bear, in fact you would be better off on a domestic tariff.”

The bizenergysaving.wordpress.com specifically highlights UTWs business practices with commentary from ex and current staff, customers and other TPIs. All pretty shocking stuff, that goes someway in explaining how UTW manages to enjoy margins in excess of 40%! Ofgem are clearly under pressure to hasten implementation of its COP and regulation for the industry, including stringent penalties for bad behaviour.

Its hard to explain, despite the Red Flags and industry reputation of UTW, why it still enjoys the full backing of the largest holder (who recently added more shares) Neil Woodford via his CF Woodford Equity Fund who holds a 15.08% stake.

The Directors, mainly the Thompsons have sold 52mn pounds worth of shares since the UTW IPO in 2012, hardly the biggest vote of confidence for the long term viability of the company!

[cockerhoop] 19/2/2016 08:32

Accusations of fake reviews

[cockerhoop] 18/2/2016 12:01

From shareprophets