Updates

Utilitywise

March 2016

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.

Ahead of results on 19 April Utilitywise said that H1 trading was in line. The Enterprise side (80% of the business) had contracts ready to go live of £24.7m as at 31 January, compared to £26.2m six months ago, although this reflects changes in the “go live” rate due to changes in commission structures. The consultant headcount was only up 15 from six months ago at 625, but up from 449 a year ago whilst net debt was £10.4m, up from £1.6m a year ago. Liberum forecasts eps of 19.9p for the current year to end July. A low PE of 9.1 but the market is still sceptical about P&L provisioning and cash collection. First tipped at 85p in December ‘12, the shares subsequently peake ...

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Acal

Wilmington

Utilitywise (May 2016)

Utilitywise - Prospective PE of 10.1 (November 2015)

Utilitywise - Prospective PE of 7.1 (September 2015)

Utilitywise (May 2015)

Utilitywise - Fincap forecasts 25.7p for next year (November 2014)

Utilitywise - Number of salesmen forecast to climb to 720 from 427 within two years (September 2014)

Utilitywise (May 2014)

Utilitywise - Trading ahead of forecasts (March 2014)

Utilitywise - Salesmen numbers to grow to 400 by June (February 2014)

Utilitywise - Salesmen number rises to 281 (November 2013)

Utilitywise (September 2013)

Utilitywise (July 2013)

Utilitywise - Consultant number rises to 259 (May 2013)

Utilitywise (March 2013)

Utilitywise - Sales rising rapidly (December 2012)

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.

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