Utilitywise Share Discussion Threads

[bennywin] 24/8/2017 07:15

A pretty lame update and BF is going to fall well short of his targets at this pace.

Very vague statement about European growth and I would expect to get more detail in October.

Not too much to get excited about at the moment for me.

[nurdin] 23/8/2017 18:06

They have already told us what to expect..read the last announcement.

[tsmith2] 23/8/2017 17:36

TU tomorrow? GLA

[eipgam] 22/8/2017 17:04

Not today he won't be.... Too busy waiting for his call back from PFG... "this number is busy at the moment, please dial 5 for ring back"

[bennywin] 22/8/2017 16:54

You guessing Opodio ?

[opodio] 22/8/2017 16:03

WOODFORD FILLING HIS SIZE 10 BOOTS

[opodio] 22/8/2017 16:01

DOUBLE YA MONEYZ

[mmc71] 22/8/2017 10:43

If you like this sector then Inspired Energy is worth a look. Results out today and no stink hanging over them like there is with Utilitywise!

[touche] 22/8/2017 09:45

Trading statement on 24th - rising into this date a positive sign.

[luckymouse] 21/8/2017 22:48

There used to be a west london cable co. called Videotron - in the early days they just wanted hard sales because the cost of getting it in the ground was so high - so they had a hard salesforce on pretty much commision only - many working 7 days a week - no credit checks - cash payments - climbing in & out of the squat windows - nothing was out of bounds - and the guys made good money for the 80s (50K-60K plus) - it was a time to work hard & play hard - buy your first porsche etc.

Eventually, as it always does, the good times came to an end, most of the cable was in, most the punters had heard the pitch, and the credit control was awful. So it was time to move over to big business practices. A more sensible sales force was brought in with a salary, credit checking, lot more conventional advertising, resales, retention etc. They did just fine & were finally bought out by Virgin. It's just the natural cycle of things.

[cockerhoop] 21/8/2017 22:33

Luckymouse, NurdinIt was a tongue in cheek answer for a company whose energy consultant attrition rate was 25% in H1 17 and 39% in H1 16. Anyway you guys seem happy enough to be invested here so good luck.

[cockerhoop] 21/8/2017 22:16

FF,Yes I'd read that, but imo it's far from emphatic. Anyway time will tell. Good luck with your investment.

[luckymouse] 21/8/2017 17:58

v empathically put 😇

[bennywin] 21/8/2017 16:35

And the potential European market for UTW should not be overlooked by investors IMO.

I am banking one the shortfalls being overshadowed by rapid European growth, and would anticipate that the European business will be far less likely to have inherited many of the problems the UK side of the business has suffered from.

There were bound to be errors made when UTW grew so quickly and I think they will learnt from their mistakes.

On that basis, the European business (which is younger), should be less prone to suffering from any similar problems .

[nurdin] 21/8/2017 16:26

yes bennywin..they are for the European expansion

[bennywin] 21/8/2017 16:21

And this one also suggests the positions are extra rather than replacements.

See tweet at the top.

twitter.com/AdrienneMcFar15

[nurdin] 21/8/2017 16:21

Thank you Lucky...saved me the trouble ! Good answer

[bennywin] 21/8/2017 16:18

Says European expansion to me !

[cockerhoop] 21/8/2017 15:42

Nurdin,They have to recruit heavily............to replace the staff leaving!

[luckymouse] 21/8/2017 15:10

free stock charts from uk.advfn.com

[luckymouse] 20/8/2017 13:10

Tks - im not trying to knock the co - the v low pe & pq ratios certainly imply a large discount - and a catalyst or derisk event cld provide the trigger needed for a reversion to mean - so its prob a fair punt. Technically it came back to the ipo prc - a likely buy zone too.

Apart from the over discounting & prior -ve mom I was struggling to see/isolate the hi recvs etc for my advfn screens? They aren't especially separated in the cur assets. Looking at the debtors line in the balance sheet does reveal something tho:

Debtors (last 4 reporting yrs)

FEVR: ----- 12.48% 19.70% 25.72% (teens rising to mid 20s)

BUR: 16.57% 17.85% 14.33% 11.63% (mid teens)

BOO: 13.87% 4.55%. 6.64%. 8.69% (single digits)

KWS: 12.91% 28.53% 25.08% 22.41% (mid 20s)

UTW: 30.40% 39.43% 43.67% 19.14% (notably over 30-40% BUT dropping to late teens)

So on that simple metric - you cld say UTW has derisked
If you throw in the buy zone technicals, discount, new acc standard, the old man stepping back, upgrades from bkrs etc etc - there prob is a nice RTM trade here.

[nurdin] 20/8/2017 11:33

Appear to be recruiting heavily...