Updates

Energy Assets - 685p a share cash bid

May 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.

Energy Assets has received a knockout bid at 685p a share. The bid from an investment vehicle owned by Alinda, an infrastructure investment firm, values it at £198m. Alinda already has irrevocable undertakings to accept the offer from investors accounting for 44.6% of the equity so the deal looks cut and dried.EAS presently targets smart meter installation for the industrial sector but with the UK government committing to getting 53 million smart meters into our homes and small businesses by the end of 2020, at an estimated cost of £11bn, there’s clearly much to play for.The shares were a main buy at 348p in May ’14. Accept the offer. Gain 97%. ...

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Norcros - Another acquisition

International Greetings

Energy Assets (January 2016)

Energy Assets (December 2015)

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

Energy Assets (December 2014)

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.

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