Utilitywise Share Discussion Threads

[eaaxs06] 25/10/2016 12:33

It's just a topping up by Woodford over the last 2 and a half months, and he's now breached a 28% holding.

Given the popularity of his funds since the Brexit vote, it's no surprise to be investing in his current holdings.

Good that he's still holding a sizeable stake and hopefully the press will notice it too.

[nw99] 25/10/2016 12:19

QS99 yes very bullish

[qs99] 25/10/2016 11:34

Interesting to see latest 28% holding!

[buffetteer] 25/10/2016 08:44

If ,and it's a big if, they can match or beat eps expectations for once then we should see further re-rating towards mid-teens PE (300p)

[qvg] 25/10/2016 08:44

and new management team

[buffetteer] 25/10/2016 08:18

It has been re- rating because the cash flow is improving substantially and will fully reverse in 2017, the headcount is rising again, the internet of things deal with ASDA is the first of many such deals, the investment in the dashboard will start to bring increased sales , the water market opens up fully in 2017 so 1.4m potential customers there, and it was far too cheap. Eps expected to rise to @20p from memory .

[nw99] 25/10/2016 08:17

Profit and div up 30% a re rating on the cards

[aspers] 25/10/2016 08:10

Up nearly 30% in 2 days so far. I am expecting to see an RNS one day soon giving the reason. Investment in the company or possible TO rumours......whatever, something has leaked to see this rapid rise.
Chatting a few weeks ago to someone in the said they expect to see this trading around the 400p mark soon.

[qs99] 25/10/2016 07:22

I think the focus on cash improvements has been key catalyst for sharp upward momentum IMO. Let's see today if it can continue

[alamaison] 25/10/2016 05:57

175p then back down to 160p which will be the next bottom.
GMS: Is the next UTW

[hutch_pod] 24/10/2016 21:40

The cash conversion of eg adjusted ebitda seems pretty decent this time (£10.6m from £18.3m) compared to say INSE's finals (£1.7m from £5.7m).

[topvest] 24/10/2016 18:47

The difficulty here remains that profit does not equal cash flow and so applying a normal P/E is dangerous. I would be tempted to multiple the actual P/E by about 2 (i.e. It's nowhere near as cheap as it looks)!

[qs99] 24/10/2016 14:40

indeed, obviously a few are buying back into the story IMO....hope to see that NED purchase price from a year ago before long then!

[tell sid] 24/10/2016 13:38

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. All 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 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 will continue to grow and there is now the attraction of the dividend

[qs99] 24/10/2016 12:08

£1.60 next stop....still looking strong iMO...

[aspers] 24/10/2016 08:25

Looks like some news has leaked here with the rapid rise Friday and today. I hear mutterings about a announcement this week. Looking good for a rapid rise to 250 I feel.

[qs99] 24/10/2016 08:13

cracking opening IMO

[tell sid] 23/10/2016 11:39

Outlook

We are confident in our outlook for the year ahead and having started the year in line with expectations, look forward to continued strong revenue growth and profit generation.

[alamaison] 23/10/2016 10:26

So, the chart indicate 160p for tomorrow. The rise was very sudden, 13% in one day is a lot. Would we see a consolidation? I doubt it especially with the closing at 147p.
Anyway, as one would say: just ride it!

[rhatton] 22/10/2016 18:30

Woozle, I think 19-20p.