Moving up prior to the AGM Bit of an upturn now in the run up to the AGM, which isn't far off on 14th June.March's results stated: "The momentum from 2015 has carried through to the first quarter of this year, with the Procurement Corporate Order Book growing to £25.5 million. We are seeing the trend for growth in the year continuing on a positive trajectory."So the indicators are good for a satisfying trading statement.Latest forecasts are: this year : 1.19p EPS, 0.4p divi next year : 1.35p EPS, 0.45p divigiving a current year P/E of only 11.2.
Wood St Microcap buying INSE Nice mention for INSE yesterday from the manager of the Wood Street Microcap Fund in the Telegraph:[link] "Inspired Energy is a recent addition to the fund. It is a consultancy that advises clients on procuring the energy they need - it sits between the clients and the energy companies to negotiate better deals. It specialises in companies that are heavy energy users with multiple sites. Müller, the yoghurt company, is a client".
Re: 19p target price I topped up this morning at 13p, looks great value to me, a longway ('deep discount') from brokers target price of 19p, and a good trip ahead to my own target price of 17p. wsPS. My purchase today is somehow not on the list of Buys/Sells..
Interesting look at intrinsic value of Inspired Energy I am researching Inspired Energy, it looks like good value on here: [link]
Re: Panmure increase their forecasts At Panmure's 1.19p EPS forecast for current year, the share pricedeserves to rise to around 18p for a fully justified PE-ratio of 15.I expect to see a good part of that rise in the coming months.IMHOws