Utilitywise Share Discussion Threads

[bennywin] 10/12/2015 14:02

Esos numbers must have helped cash flow this quarter

hxxp://www.edie.net/news/6/Late-surge-sees-ESOS-compliance-hit-65/29453/

[rinson] 10/12/2015 13:31

Any idea where the rumours originated?

[12trading] 10/12/2015 12:18

APC have £30m revenue and are down from 60p+ they would be a great fit and stock is tightly held 17% in free float i think,a 22/23p bid might not be enough but im sure APC shareholders would be happy right now,they have snippets everyday look at the APC thread,business is good and picking up again on ESOS £3.5M ALREADY booked and mkt cap is tiny in comparison

[az4hr] 10/12/2015 12:02

Down on no volume

[ptgint] 10/12/2015 11:45

Thanks 12t - interesting. £20M seems a bit rich for APC but could account for some of the movement if some investors in UTW didn't like the idea of a bid for APC.

[nw99] 10/12/2015 09:26

Hefty sales still going thro

[mull3r] 09/12/2015 19:14

I think this is institutional buying at the expense of private investors - we shall see

[mammyoko] 09/12/2015 17:46

Woodford has just released details of his portfolios on the website and it would seem that it isn't him selling. The only other two holders in sufficient size to account for the c. 5m of block trades at the end of October and beginning of November are Geoff Thomson and R&M. Suspect that it is more likely to be the latter rather than the former. Perhaps they've taken a caning on other things (apart from INTQ!)

[bennywin] 09/12/2015 16:59

Gaz

I would doubt its anything other than dodgy markets.

The business just has to be doing well with all those new customers.

I could not resist another top up this lunchtime and for once my timing was great.

[gaz12345] 09/12/2015 16:43

So what's behind the share price collapse?

[lyons909] 09/12/2015 16:42

Agreed nhb001. I do wonder whether there is a lack of free floating shares that results in market makers moving the price all over the place to try and generate some volume.

If you consider Directors hold approx 20m shares (18%) and Woodford has another 26%.

Still, I've been in and out of these shares for a couple of years and lately it has been exceptionally volatile and illiquid.

[nhb001] 09/12/2015 16:32

The share price movements on this stock are so dodgy it's ridiculous.....and I am a holder.

[greco600] 09/12/2015 16:01

Moving now

[johnsuwon] 09/12/2015 11:07

Hopefully yesterday was capitulation.

[zho] 09/12/2015 11:06

>>Well at least it's stable ..>>

Yes, but the horse has bolted ;-)

[hutch_pod] 09/12/2015 09:41

Well at least it's stable today.

[bennywin] 09/12/2015 09:01

All extremely odd.
One could be forgiven for thinking that market makers collude in order to ruin the share price of companies.

[adamb1978] 09/12/2015 08:08

Was expecting an announcement this morning which would help explain yesterday's bloodbath. Really tempted to add more but would like reassurance of the AGM notice...

[johnv] 09/12/2015 08:03

26% of the company

[brancho] 09/12/2015 06:56

I take it Neil Woodford is still invested here. He went in quite heavy I believe

[blusteradjuster] 09/12/2015 01:01

Interesting tactic from PS.

It has worked and it will work...for as long as it works.

Some quality plays out there - e.g. SGP, ASC, CAKE, JE. - on full ratings.

Can they maintain them amongst carnage? Will flight to quality endure valuation scrutiny?

[dibbs] 08/12/2015 20:36

Interesting comment from Paul Scott today. Both re UTW and the broader market. See Below.

"There seem to be some tremendously volatile price movements going on at the moment. I see that Plus500 (LON:PLUS) has had a huge bounce, and amazingly it rose to higher than the 400p failed cash bid.

On the downside, I see that controversial company Utilitywise (LON:UTW) has really fallen out of bed, and fallen from 200p to 120p. Thank goodness I got cold feet a day or two after results, and ditched mine. It's tempting to catch the falling knife, but that's not worked out well recently, as I can attest, with £DX, having failed to bounce significantly since its disastrous profit warning.

So very much a time for caution. I'm going to review all my positions tonight, and chuck out anything that I don't have proper conviction over, apart from short term trades, which are a different kettle of fish.

Companies that are delivering good trading results are going to new highs though, so it seems to be becoming a highly polarised market, where the wobbly stuff is thrown away (good shorting opportunities should therefore abound), and the decent stuff keeps going up. So very tricky for us as investors to handle. Arguably we need to be reckless with good companies (running them to over-valuations, which is what's working best at the moment), and ruthless with bad companies, chucking them out even if they appear cheap"

Dibbs