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Utilitywise - Number of salesmen forecast to climb to 720 from 427 within two years

September 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.

  • Epic Code:
  • UTW
  • Price:
  • 290p
The shares have been becalmed but we suspect they will lurch forward with results in October. Utilitywise continues to expand the number of consultants at a frantic pace, expecting to grow the headcount from an anticipated 427 at the end of July to 720 in the next two years. This is the best proxy for growth and why the brokers are forecasting revenue growth climbing to £45m in 2014, £62m in 2015 and £85m in 2016. Profits are set to climb from £13.2m in 2014, to £17.6m in 2015 and £26.1m/eps 26.1p in 2016. During the month, Utilitywise confirmed all is going well and that the revenue pipeline, representing revenue secured but yet to be recognised, was £28.2m at the end of July compared to 16.6m at the same time a year ago and £23. ...

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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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