Updates

Energy Assets

December 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.

Latest interims from Energy Assets include a first period from BGlobal, which contributed £2.8m sales helping lift overall revenues 43% to £16.9m and pretax profit before exceptionals by 30% to £3.9m. Eps were up 32% to 11.2p.Within the metering business, the acquisition of BGlobal means that there are now 334k assets under management across its metering and data operations. The number of gas meters at ‘old’ Energy Assets increased by 11k to 112k during the first six months whilst the number of meter points for data collection increased by 5.5k to 68k. BGlobal is mainly in the electricity sector and has added 60k metres and 94.5k data collection points. Total recurring revenues now stand at ...

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

Subscribe now

Already a subscriber? Login

Advanced Computer Software - 140p bid from Vista; gain 724%

Speedy Hire - Winding down the Middle East spot hire

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 - British Gas contract win sends shares into orbit (August 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