Joatmon
26 Mar 2018
Re: Remarkable I agree INSE is undervalued - but why limit your investment?Regarding diversifying your portfolio J.P. Morgan Asset Management state: "Diversification does not gurantee investment returns nor eliminate the risk of loss."
snodgrove
26 Mar 2018
Re: Remarkable It has always perplexed me how often a Co reports better than expected figures or even as expected yet the share price goes down. I wonder if some computer system is triggered. Anyway it is often a good time to jump in which certainly appears the case for this Co.
winningstreak
26 Mar 2018
Remarkable It is remarkable how the share price of a good company can below and the price of mediocre and/or dubious company can be high (plenty examples to be found).In my view, INSE's performance record and robust outlook, as well as nice dividend growth, warrant a share price of not less than 25p, yet the shares can currently be bought for under 20p. I have bought to my self-imposed limit for an individual stock (self-imposed limit for balanced portfolio). I hold long term.wsP.S. For those who are sitting on the fence, I do not think the share price will loiter for very long below 20p / IMHO.
winningstreak
23 Mar 2018
Re: The IC say Buy today Good share, even cheaper today. Low price (19.5p) won't last for long, IMO.ws
gretel
23 Mar 2018
The IC say Buy today Three late trades from yesterday just reported of 3.8m shares at 20p, which may well have been behind the flat reaction to the results.Meanwhile, the IC today say Buy, and their thoughts reflect mine given the expansion into the water sector and the high order book - I note that Peel Hunt again seem to have a much lower forecast than others, so can only guess they have a different calculation method:"Those who have followed our coverage of energy services group Inspired Energy (INSE) since last year will be aware of the tendency of the order book to closely predict future growth. If that trend continues, 2018 should be a strong year for the group as its corporate order book was up 39 per cent at £39m at the end of last year. Headcount in the division – the group's largest – also rose considerably to 210. But the amortisation of acquired intangibles and costs associated with three acquisitions made in 2017 dented statutory profit and earnings figures. Strip those out and pre-tax profits were up 38 per cent, while EPS rose 24 per cent. The acquisitions also pushed the net debt up 37 per cent to £14.8m, though rising adjusted cash profits meant the net gearing position reduced.Management announced two acquisitions alongside the results. The first, SystemsLink, provides energy management software while ECM, the second, provides management for both energy and water, and also adds water engineering capabilities to the group. The deals are to be funded by up to £5.9m in cash and shares.Analysts at Peel Hunt are forecasting adjusted pre tax profits of £11.1m, giving EPS of 1.5p in 2018 (2017: £8.4m, 1.3p).IC ViewTrading at 14 times forecast earnings, shares in Inspired are now comfortably ahead of their historic average. However, with a Bloomberg peer group average of 17.5 times and the group expanding into the water sector, we see further upside ahead. Buy."
winningstreak
22 Mar 2018
Topped up I topped up this morning for long term hold. Now just about the largest holding in my portfolio. Quite safe I would say, andthe dividend beats interest in the Bank, whilst there is ongoing handsome growth.Cheers,ws
gretel
22 Mar 2018
Results ahead of Panmure's expectations The 1.57p adjusted EPS was also ahead of Panmure Gordon's 1.5p EPS forecast.Panmure were forecasting 1.8p EPS for this year, rising to 2p EPS next year. Today's earnings-enhancing acquisitions should add somewhat to those figures - perhaps another 5% or so.Even without anything from today's acquisitions, INSE are now on a current year P/E of only 11.9, falling to just 10.75.That's pretty cheap for a successful leader in its sector.
winningstreak
22 Mar 2018
Re: Good results plus two acquisitions today Gretel - Great summing up! I entirely agree, but you forgot to mentionthe very substantial rise in Dividend. The shares are cheap at current price (21.1p) I reckon we'll see a gradual rise to 25p+ over the coming months. INSE has a remarkable ability out-perform and in my experiencenever disappoint. A good share to own. IMO,ws
gretel
22 Mar 2018
Good results plus two acquisitions today Excellent results, with 1.57p EPS and a strong order book up almost 40% year on year.Plus also two earnings-enhancing acquisitions announced separately, costing a maximum £5.9m and bringing in £0.62m of operating profit. And that profit is historic so should have increased nicely by now. In particular, the outlook quotes "strong trading" for this year to date, with confidence in "significant progress" for the Group. It's ironic that such results should be published on the same day as UTW issues yet another RNS'd reminder of why INSE should be the preferred choice of any corporate customer looking for an energy specialist.
gretel
02 Mar 2018
INSE to benefit from current weather I suspect in these current weather conditions, with volatility of prices, limitations on supply, subsidies to be earned from the National Grid etc, INSE's services will be much in demand:[link]
gretel
20 Feb 2018
Moving up today Looking strong at present. Results are on 22nd March, and we know they'll be good from the excellent trading update, which concluded:"Inspired Energy had an excellent 2017 and I am confident that 2018 will be another year of significant progress for the Group with trading in the current year to date strong."
winningstreak
30 Jan 2018
Re: P/E of only 11.9, the IC say Buy Gretel, even Peel Hunt's figures (the lowest) are good enough to me.One would expect Peel Hunt as housebroken to be closest to the mark.On one thing there can be no doubt, INSE is making excellent progressin increasing sales and profits in a fantastic growth market.IMO,WS
gretel
29 Jan 2018
P/E of only 11.9, the IC say Buy The IC say Buy in a quick snippet as follows:"Shares in Inspired Energy (INSE) are up 2 per cent this morning following a trading update from the group. Trading on all fronts has been strong for the group and it expects to report results in line with expectations, with revenue and order book increases of 28 and 39 per cent respectively. Buy."Canaccord have 1.63p now historic EPS for last year and Panmure have 1.5p EPS.For this year Canaccord have 1.82p EPS, and Panmure 1.8p EPS, rising to 2p EPS next year.Peel Hunt are the outliers, with historic 1.24p EPS and 1.48p EPS this year. I haven't got their research and tend to dismiss this as out of date - INSE made 0.78p EPS in H1 alone.Given 1.8p EPS for this year (2018) a 21.5p share price would seem extremely good value on a P/E of only 11.9.
winningstreak
29 Jan 2018
Bright future Future looks bright here. I topped up this morning (despite being atmy self-imposed limit for a single stock), I reckon we shall see a decentrise over the weeks/months ahead. Honest management, operatingan honest outfit, making excellent progress in a growth market.ws
claude reins
29 Jan 2018
INSE comparative strength reemphasised Well you know which company to invest in - when you can trade again in UTW. Yes, INSE where you can trust the company to perform.'Utilitywise plc (AIM:UTW), a leading independent utility cost management consultancy, today announces that the Directors have now concluded that the Company will not be able to publish its annual audited accounts for the year ended 31 July 2017 ("FY17"
by 31 January 2018. Accordingly, trading in the Company's shares will be suspended pending notification of its FY17 full year results. Trading will be temporarily suspended from 7.30am today until such time as the results are published, in accordance with AIM Rule 19.
