Utilitywise Share Discussion Threads

[cockerhoop] 28/7/2017 12:37

I'm not sure anybody here has correctly accessed the effect of the ceasing of cash advances from utility providers. This is different to the 80% of contract commissions received upfront and very significant in terms of short term profitably.

[tratante] 28/7/2017 11:55

Should be an update next week, suspect that will generate some activity one way or another!

[tsmith2] 28/7/2017 09:12

Think it's down to rump of river and mercantile being worked..low volume so overhang continues

[mj19] 28/7/2017 08:59

Where is everyone

[mj19] 27/7/2017 13:31

Los of buys but never moving up and holding. Very weird

[bennywin] 27/7/2017 12:09

I would have assumed the management would check those very carefully prior to making their last statement so although I have some minor concerns, they don't match yours.

Decent growth in customer numbers may provide enough income to offset the balances owed.

Obviously this is not a perfect scenario, but moving forward things should hopefully look ok.

[larva] 27/7/2017 11:20

Not up to the ceo benny, its an audit thing


If the auditor has seen one claim there is a high probability more under consumption claims will come out of the woodwork

If thats the case they will need to provision for it which will make it technically insolvent and potentially breach bank covenants too


This company has historically has a mismatch to profit recognition and cash so is a target for mulleration to 10p

Just my view.

[bennywin] 27/7/2017 11:07

I have thought of that scenario Larva and can't totally discount it.

However , I would be shocked if the new CEO turned out to be that dishonest.

[larva] 27/7/2017 11:00

this is where it warns for the second time and crashes to 40p


Technically insolvent if auditors think there is a risk of further claims


Will be interesting what auditors think

[bennywin] 27/7/2017 10:59

Time to be brave perhaps?

A recent job advert quotes over 40000 UTW customers. A nice jump from previous numbers so it can't all be bad news.

[mj19] 27/7/2017 10:31

Strange this won't move up properly

[bennywin] 24/7/2017 10:39

The next trading update (which should be in the next couple of weeks), will be a pivotal one.

BF set himself some very stretching targets concerning new customer numbers.

If they are on track then I think we can relax and look forward to a very profitable future.

If growth has stalled or is not looking good, then I be worrying even more than I have over the last couple of months.

There are a few signals that the uptake of new water customers has not been very good so far as they state that less than 1 per cent of businesses have changed suppliers .

On a plus side, all of the research I have done into the company, shows UTW now has a very good management team in place .

[bennywin] 23/7/2017 17:44

I agree with your thoughts.

My hope is that great sales in U.K. and especially Europe have offset the downside and the drop in share price has been an over reaction.
I have been topping up at these levels as I think the upside outweighs the downside and I hope I'm right.

[thewheeliedealer] 22/7/2017 20:20

Hi Divmad, sorry for the delay in replying - too little time as ever and too many flippin' Social Media platforms which confuse the hell out of me !!

My thoughts are that the Divvy very much depends on how UTW is trading from here. If they have more problems then obviously the Divvy is at Risk but when you consider that most of the problems were more of an Accounting/Acquisition/Lack of Management Control nature, then chances of Trading Problems might not be as high as many suggest. Bear in mind that the New Management have had plenty of opportunities to 'kitchen sink' their Announcements and to get all the Bad News out now - so my sense is that they are trading ok and the next Update will be decent. If this is the case, then I expect we will see a serious jump up in the Share Price.

Obviously if I am wrong then the Shares will tank but that is the Risk we have to weigh up - for me, the Risks favour more upside than downside.

Bennywin and MJ19 thanks for your comments on the Blog - great to hear it is of use,
Cheers WD

[mj19] 22/7/2017 08:39

Utilitywise Plc (LON:UTW) Analyst Target ChangesJuly 20, 2017 5:29 am Writer: Camille Ainsworth Posted In: European Broker RatingsA number of investment brokers have recently updated their price targets on shares of Utilitywise plc (LON:UTW). According to the latest broker reports outstanding on Thursday 20th of July, 3 analysts have a rating of "strong buy", 0 analysts "buy", 1 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell".Recently released broker ratings:30/06/2017 – Utilitywise plc had its "Buy" rating reiterated by analysts at Canaccord Genuity. They now have a GBP 120.00p price target on the stock. 29/06/2017 – Utilitywise plc had its "Corporate" rating reiterated by analysts at FinnCap. They now have a GBP 150.00p price target on the stock.04/04/2017 – Utilitywise plc had its "Buy" rating reiterated by analysts at Shore Capital.17/10/2016 – Utilitywise plc had its "Buy" rating reiterated by analysts at Shore Capital.08/08/2016 – Utilitywise plc had its "Corporate" rating reiterated by analysts at FinnCap.08/08/2016 – Utilitywise plc had its "Buy" rating reiterated by analysts at Shore Capital.The share price of Utilitywise plc (LON:UTW) was down -0.37% during the last session with a day high of 69.75. 66709 shares were traded during the last trading session.The stock's 50 day moving average is 95.92 and its 200 day moving average is 145.68. The stock's market capitalization is 52.91M. Utilitywise plc has a 52-week low of 62.50 and a 52-week high of 202.50.

[mj19] 21/7/2017 16:04

Yes I thought it was very good

[bennywin] 21/7/2017 09:53

Well worth a read.

I tend to agree with most of what he says.

wheeliedealer.weebly.com/blog/look-to-the-future-now-its-only-just-begun-with-special-guest-star-utw-part-2-of-2

[tsmith2] 21/7/2017 09:41

May well get a couple of holding statements next week - mercantile no longer a notifiable holder and maybe another II replacing it

[bennywin] 21/7/2017 08:48

I was quite surprised by the size of the Prague UTW office.

"We have 350 amazing humans from 50 countries ready to meet you and show you the city."

[mj19] 20/7/2017 18:48

What is this doing everyday

[mj19] 19/7/2017 10:11

I hope they maintain the dividend then it's cheap as chips

[tsmith2] 18/7/2017 16:05

holding statement - Would explain the weakness

[divmad] 18/7/2017 14:45

Thewheeliedealer,

What chance do you think of a maintained dividend here?

[mj19] 17/7/2017 12:27

Woodford seems calm for now

[thetruthcomesout] 17/7/2017 11:16

Staff jumping daily to competitors