Utilitywise Share Discussion Threads

[woozle1] 22/10/2016 17:31

Anyone know forecast EPS?
W

[tell sid] 22/10/2016 11:58

In June 2015 there was a Non-Exec Director buy of 300k shares at 262.52p. Finn Cap's last price target for UTW was 274p. This was before the increase in revenues, profits and dividend, and elimination of debt, announced in the Final Results on 18/10/2016 which also stated steadily rising Earnings Per Share of 18.5p.

274p target with 18.5p EPS = PE Ratio of just 14.8

In 2014 the share price was 370p!!!!!!!!!!!!!!!!!!

On current EPS of 18.5p a share price of 370p would give a PE Ratio of just 20 so that is probably where it should be heading especially as EPS should continue to grow and there is the attraction of the dividend.

[tell sid] 22/10/2016 11:58

In June 2015 there was a Non-Exec Director buy of 300k shares at 262.52p. Finn Cap's last price target for UTW was 274p. This was before the increase in revenues, profits and dividend, and elimination of debt, announced in the Final Results on 18/10/2016 which also stated steadily rising Earnings Per Share of 18.5p.

274p target with 18.5p EPS = PE Ratio of just 14.8

In 2014 the share price was 370p!!!!!!!!!!!!!!!!!!

On current EPS of 18.5p a share price of 370p would give a PE Ratio of just 20 so that is probably where it should be heading especially as EPS should continue to grow and there is now the attraction of the dividend.

[hutch_pod] 22/10/2016 10:27

Surely the chart and sentiment are intertwined.

[alamaison] 22/10/2016 08:04

The rise has nothing to do with write up, recommendations, sentiments...
Its' Math, pure math. Look at the chart; you'll understand.
150p on Monday then what? Please refer to the chart. I you can read it right then you'll make money.
This is how I make mine and I have been very successful.
Re: VLS, HNR, PANR, MAYA etc...

[nw99] 22/10/2016 00:27

Telecom plus has rocketed we are going to follow

[rhatton] 21/10/2016 19:18

Sphere. I agree entirely. I think we could be good for 160 - 170 currently and then a further move on continued good news over the next 6 months or so. Pull back at some stage of course.

[hutch_pod] 21/10/2016 18:09

Nice comments Sphere. Great to see the justified pickup in sentiment.

[freddie ferret] 21/10/2016 17:27

The chart for the last 7 trading days has been very interesting, I think something is cooking, and there is some news.

[sphere25] 21/10/2016 16:59

Despite only trading this stock, I'm not convinced the tip has caused the beginning of a re-rating here (though clearly the buying pressure has helped). There has clearly been a great deal of scepticism attached to this company with folk (including myself) questioning the accounting and cash flow policies.

However, if you take a look at the volume post the results, you'll see consecutive days of large volume. That to me looks like the larger sellers being cleared by a change in market sentiment toward the fundamentals here. The results have gone a long way to dampen some of the pessimism imo and clear any overhang which has allowed the stock to break the key 130 mark.

That doesn't mean to say that everything is fine now and it's back to the highs, it likely just reflects how bearish the market has been, so this move higher now will likely be a correction of some of that bearish sentiment. If the cash flow continues to improve with the fundamentals intact, then the re-rating will continue longer term.

Interesting watch today with buyers crawling over the stock, and no doubt they'll be scrambling to buy come Monday morning. The illiquidity will likely mean another lurch higher BUT the real question to ask now is:

In light of the perceived (I'm hard to please ha) improvement in fundamentals, what is the correct multiple expansion?

Closed at 147 today, giving a P/E of 6.8.

At a P/E of 7: 150p with a 4.7% dividend yield
At a P/E of 8: 172p with a 4.1% dividend yield

You'd say 8 was a pretty pessimistic multiple, but is that about the parking place whilst further updates come out from the company? Perhaps it's between 7 and 8? Perhaps those with rose tinted specs in abundance will tell me it's more around double that? ;-)

Something to consider over the weekend.

[qs99] 21/10/2016 16:17

if right, then first step IMO £2 which is where it was trading around this time a year ago, let's see.

[jimmybobby] 21/10/2016 15:43

Sorry should have linked it! Thanks for finding it. My take from the article is the problems are starting disappear and at these ridiculously low prices it's worth a go!

[rhatton] 21/10/2016 15:33

Article here chaps

[rhatton] 21/10/2016 15:28

Jimmy. Was just about to ask had it been tipped.
Did the article say much?

[jimmybobby] 21/10/2016 15:09

IT got a write up and buy recommendation in Investors chronicle which might explain the sudden interest! What ever the cause I#m happy with the direction it's moving.

[alamaison] 21/10/2016 15:06

It all depend of the seller, which seems to have disappeared for now. For good?

[bennywin] 21/10/2016 14:47

Very glad I swam against the tide over the last month .
Long may the rise continue .

[sphere25] 21/10/2016 14:24

Keep an eye on this one due to the trading opportunities it presents. Like others, I was watching that key 130 mark.

There is a ridiculous amount of demand for stock here today - book is as strong as I've seen it. At this rate, you might get 150 today.

This stock could spike anywhere now (illiquid) - look at the previous spikes on the chart.

[nw99] 21/10/2016 14:19

Agree 150 by end of the week

[alamaison5] 21/10/2016 12:30

150 end of next week? Yes, that's also my target.

[nw99] 21/10/2016 10:52

150 short term target

[qs99] 21/10/2016 10:25

if they continue, there are not too many shares out there with a 5.5% yield...not without risks admittedly

[alamaison5] 21/10/2016 10:23

140p, resistance but we've just broke 130p which was the hardest.
I am confident that 140p can be achieved today.

[alamaison5] 21/10/2016 10:22

It's all about charts, chaps. Simple math...

[qs99] 21/10/2016 09:38

looks like IMO the road show is having some affect me thinks...