Utilitywise Share Discussion Threads

[tsmith2] 17/7/2017 09:45

TU early Aug?

[tsmith2] 17/7/2017 08:05

Graph turned

[opodio] 15/7/2017 16:51

Will be a profit warning soon

Miust be losing a lot of customers

[freddie ferret] 15/7/2017 16:42

Last years final results.


25/10/2016 10:02 UK Regulatory (RNS & others) Utilitywise plc Holding(s) in Company LSE:UTW Utilitywise
21/10/2016 09:50 UK Regulatory (RNS & others) Utilitywise plc Notification of Transaction in Shares LSE:UTW Utilitywise
18/10/2016 07:00 UK Regulatory (RNS & others) Utilitywise plc Final Results LSE:UTW Utilitywise
18/10/2016 07:00 UK Regulatory (RNS & others) Utilitywise plc Board Changes LSE:UTW Utilitywise
17/10/2016 07:00 UK Regulatory (RNS & others) Utilitywise plc Asda selects UTW & Dell to supply IoT solutions LSE:UTW Utilitywise
11/08/2016 14:30 UK Regulatory (RNS & others

[thewheeliedealer] 14/7/2017 22:51

Hi all,

I hold a bit of UTW and it has been hugely frustrating although I think it is quite likely the new Management can get a grip on things and start to make a difference. As mentioned above I have seen plenty of references to an Update soon and if that can be positive for a change, then this will look really cheap.

Anyway, I wrote a couple of Blogs about this sort of thing - Part 1 is more general but Part 2 is very specific to UTW. You can find them below.

regards, WD.

[mj19] 14/7/2017 12:49

No date for trading update sometime in AUG

[mj19] 14/7/2017 12:14

He hasn't started selling yet ..... so that's good

[mj19] 14/7/2017 11:59

From Neil Woodford fund updateAnother poor performer was Utilitywise. The company announced that one of its major energy suppliers has experienced significant levels of energy under-consumption by its end clients. This means that Utilitywise has to pay back some of the upfront commission it has already received on those contracts. This led to an immediate share price fall of more than 30% which looks harsh but should be seen in the context of a business that has had operational issues in the past. We have had a recent call with management and are reassured by the actions they have already taken to mitigate this sort of thing happening again. We continue to monitor the situation closely.

[bennywin] 14/7/2017 08:22

If the European business can offset the U.K. Financial issues , things might not be quite as bleak as they appear.
Will be interesting to see how much they have made from water customers although they quote that less than 1 per cent of businesses have changed.

[tsmith2] 14/7/2017 08:19

Any ideas when?

[freddie ferret] 13/7/2017 19:05

Final results not to far ahead.

[mj19] 13/7/2017 13:12

Just bought 9617 shares good luck all

[freddie ferret] 11/7/2017 16:57

Erm.... are you a shorter?

[r ball] 10/7/2017 19:37

Div will be reduced or postponed. It wouldn't have the cash cover and the banking covenants might prevent.

[2bluelynn] 10/7/2017 19:25

Divi is 10% at these levels !! I'm in

[tsmith2] 06/7/2017 15:11

He's arguably Just being a pr*ck

[r ball] 05/7/2017 19:29

Strong word. Honest overstatement of estimated consumption. Was there an implied intention?

[opodio] 05/7/2017 17:39

Implication of fraud can see auditors resigning before too long

[mj19] 05/7/2017 17:31

I will own the company soon

[mj19] 05/7/2017 16:27

Looks like I better buy some

[r ball] 05/7/2017 08:34

No. Tainted stock. RCP better value.

[d1nga] 05/7/2017 08:21

been in and out , still poised , but not quite there yet for me

[mj19] 05/7/2017 08:11

Anyone buying in?

[mj19] 04/7/2017 18:56

From April this yearShares of business energy consultancy Utilitywise (LSE: UTW) fell by 10% this morning, despite the firm reporting an 11% rise in revenue for the first half of the year. Adjusted pre-tax profit rose by 4% to £9.4m and the interim dividend was increased by 5% to 2.3p.These results look to be broadly in line with forecasts, so why have they disappointed the market?Is Woodford right?Utilitywise has been criticised by some investors for its business model, which sees the firm book commission payments from energy suppliers as income a year or more before it receives the related cash payment. Some investors believe this is a risky way to do business, as there's always a chance of non-payment.To help address this criticism and improve cash flow, it has been accepting advance cash payments from energy suppliers. However, the group announced today that in order to maintain its impartial view of the market, it will stop taking cash advances. Net debt is expected to increase as a result and cash flow will worsen, at least temporarily.On the other hand, it's worth remembering that the companies who pay Utilitywise's commissions are mostly big utility firms. These businesses have strong credit ratings and are unlikely to default on their obligations. For patient investors, this firm could prove to be a long-term cash machine.That certainly seems to be the view held by Neil Woodford, whose funds own 29.16% of it. I suspect Mr Woodford would argue that the stock's forecast P/E of 7.1 and prospective yield of 5% provide adequate protection against the risks involved.I have to admit I can see both sides of this argument. Mr Woodford's support for the stock may be proved right, but for now, I'm going to look elsewhere.

[r ball] 04/7/2017 12:15

Misselling to investors you mean!