Updates

Energy Assets - British Gas contract win sends shares into orbit

August 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Gas meter specialist Energy Assets has signed a contract with British Gas, which accelerates the run rate of meter installation and also gives it a huge opportunity to increase recurring revenues in the company. Under the contract, Energy Assets will install half of the advanced meters that the energy giant is upgrading its business customers with (Aim-listed Smart Metering gets the other half). The new meters will be installed under a 20-year contracted term, including an annual price adjustment to account for inflation. The total number of meters involved has not been released but Numis estimates British Gas has a total of between 100,000 and 120,000 business customers. The broker estimates that the installation rate woul ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Xaar

Waterlogic

Energy Assets - 685p a share cash bid (May 2016)

Energy Assets (January 2016)

Energy Assets (December 2015)

Energy Assets - £255m long tail of recurring revenue (July 2015)

Energy Assets (December 2014)

Energy Assets - Recurring income grows to 70% of sales (July 2014)

Energy Assets - Deregulation in the gas meter market (May 2014)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X