image

The best stocks to buy since 1993

Latest issue now available

Inspired Energy

October 2024

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.

  • Epic Code:
  • INSE
  • Price:
  • 42.5p
Interim results (H1 EBITDA increased by 3.5% to £10.9m) were overshadowed by the three delayed contracts within the company’s Optimisation division. It appears that both the company and brokers are in abeyance. Although one of the contracts has now started, instead of acknowledging that the delivery of the remaining two contracts is likely to be pushed into next year, forecasts have been left unchanged at EBITDA of £27.6m, pretax profit of £17.3m and eps of 13p. These targets now seem too high. Initially, I suspected the delays might stem from the public sector, but it turns out that all three contracts are with existing commercial clients, and they are follow-up projects from earlier work. The issue seems to be related to the increasing ...

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

Subscribe now

Already a subscriber? Login

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

author

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

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