gretel
30 Jun 2017
Positive write-up on INSE from the Armchair Trader:[link] Inspired Energy lift its shareholders?AIM listed energy consultancy Inspired Energy is undergoing an acquisition strategy to grow the business and boost shareholder valueAIM listed stock, Inspired Energy PLC, is a provider of energy purchasing and energy consultancy services to large private and public sector organisations.With a market capitalisation of £73.6million, the business offers energy procurement services to large businesses, aimed at significantly cutting down on energy costs and usage.Inspired Energy came to my attention yesterday through my usual weekly searches through Company Refs, and then again today today as a result of their acquisition of Irish firm Horizon Energy for £9m. Other recent acquisitions in 2017 include Flexible Energy Management Ltd and the acquisition of Churchcom Ltd.So, why did Inspired Energy appear in my filters? What makes them a candidate for growth? Let’s take a look at the fundamentals.Inspired Energy FundamentalsThe business has been consistently growing year on year. Turnover and pretax profits are up every year since 2012. In turn, Earnings Per Share have followed suit.Looking ahead, forward growth is expected at around the 40% mark, but there’s a note of caution that comes with this forecast. The only broker contributing is Canaccord Genuity. Ideally for a reliable consensus, I’d want to see at least five or six brokers forming a consensus.We’ll stick with the forward looking ratios as they look extremely appealing – but do bear in mind my thoughts on a reliable consensus.Ok, so the forward P/E ratio based on the Canaccord Genuity numbers comes in at 9.24 times while the forward PEG (Price/Earnings to Growth) is at 0.23 suggesting significant room for share price growth given the forecast profit for the next two years.The business is being run effectively with ROCE (Return on Capital Employed) at an impressive 72.2%, which is very good, even for a support services business with low operating costs.On top of this, profit margin levels are at a very healthy 24.5%.etc"
gretel
29 Jun 2017
Re: RNS:earnings-enhancing acquisition.... The placing completion RNS notes that it was "significantly oversubscribed with a number of new and existing shareholders participating".Also good to see £100,000 of shares bought between the COO - doubling his holding - and a non-exec taking a maiden stake.
winningstreak
29 Jun 2017
Acquisition Another good move. Management is wide awake, no mistakeshere.IMHO,ws
gretel
29 Jun 2017
RNS:earnings-enhancing acquisition.... Looks like an excellent acquisition - "earnings enhancing in FY2017 and SIGNIFICANTLY (my caps) earnings enhancing in FY2018":[link] it's a nice bridgehead into the EU in case of Brexit difficulties.Good to see Horizon's management staying with the company.And INSE say today "Inspired continues to trade in line with market expectations".
winningstreak
26 Jun 2017
Re: Canaccord : INSE to double in a year Looks like not doubling just yet. Shares right now can be bought at little above 15p. Folks don't seem to like a bargain. Just like it wasearly on with AMS - and look at the share price there now!I hold long term, I get more here in dividend than I get interest in the bank, and...there is the continued prospect of a substantialrise, which will come sooner or later, because a well run progressive outfit like INSE won't be dirt cheap forever. IMHO,ws
winningstreak
22 Jun 2017
Re: Canaccord : INSE to double in a year Opportunities to buy shares at half price are rare, I bought plenty, filledmy boots so to say. Cheers,ws
gretel
22 Jun 2017
Canaccord : INSE to double in a year From Twitter today - has anyone seen the Canaccord note?[link] Coatsworthþ @SharesMagDan 37m minutes agoCanaccord initiates coverage on 3 support service stocks, all 'buys'.Inc. Inspired Energy - reckons shares will double in a year to 30p"
winningstreak
22 Jun 2017
Re: RNS : institutional buying I reckon we'll see more of that. INSE at current price (15.5p) is in bargain basement terriitory, and that won't be overlooked forever.Cheers,ws
gretel
22 Jun 2017
RNS : institutional buying Good to see Livingbridge VC LLP buying and going above 12% with 58.94m shares:[link] last RNS disclosure AFAICS was for 53.2m shares 18 months ago, so they've steadily bought another 5.7m shares since then.
winningstreak
20 Jun 2017
Re: Just bought Broncomaniac - Good to see you here. My comparison with AMS was on the share priceonly, which like here was at one time (some time ago now) stuck for a period in low territory ,i.e. its value not fully understood, not appreciated yet. ws
Broncomaniac
20 Jun 2017
Just bought I read a tip from Winningstreak over on the AMS board and decided to take a look.Normally I spend weeks deciding whether to buy a company, but for once I've decided to plunge straight in, hopefully to will prove to be an inspired decision . Main reasons for buying, it looks relatively cheap for a company growing so quickly, and there appears to be external drivers to grow the business (industry legislation, potentially rising energy costs, companies outsourcing energy procurement). I've just made a small purchase (certainly compared to the posts I've read below), but hopefully it will grow to a nice sum.
winningstreak
20 Jun 2017
Re: Excellent trading update today Very positive indeed, this Company is going places!ws
gretel
20 Jun 2017
Excellent trading update today The order book is up 13% in just 5 months, Trading is nicely in line with expectations - which are 1.45p EPS and a 0.5p dividend - and acquisitions are performing well.In addition, the new COO has a successful track record in making acquisitions and then selling the resulting entity. Say no more.....[link] am pleased to note that Inspired continues to trade in line with market expectations. The integration of both Flexible Energy Management Limited and Churchcom Limited which the Group acquired in April 2017 is progressing smoothly and the companies are performing in line with the Board's expectations."I am also pleased to report that the Company's Procurement Corporate Order Book had grown to £31.5m ("Order Book"
, as at 31 May 2017. The Order Book remains a consistent guide to future performance of the Group and provides strong visibility of revenues for the next three years."We are also delighted to announce that Mark Dickinson, who joined Inspired as a Non-executive Director in September 2016, will today assume the role of Chief Operating Officer of the Group. Mark's experience as an energy consultancy specialist, with over 20 years' experience of leading and advising companies in the sector, will be invaluable to the Company's continued development. Mark was previously CEO of M&C Energy Group where he led the buy and build strategy completing four acquisitions before selling the company to Schneider Electric in 2013. Inspired will look to appoint a further non-executive director in due course."
Willow67
15 Jun 2017
Re: Share price / FAO Gretel At the end of the day if they produce 20% eps growth and debt stays under control or moves lower, the shares cannot sustain a PER of below 10% forever! Eventually the shares and the PER have to move up and the PEG come closer to 1. I think they will if they deliver!
winningstreak
15 Jun 2017
Re: Share price / FAO Gretel INSE is a fast growing company, and above all a very well run company.T/O increased from £2.9m in 2011 to £21.5m in 2016, with Pre-Tax profit rising from £1.3m to £4m in the same period. And, even more tothe point, DIVIDEND rose from 0.11p per share to 0.45p per share, afourfold increase in just five years! Dividend yield is currently 3%, better than I can get in any bank.Keep going INSE, I think your performance is nothing short of great.And I have put my money where my mouth is, I have bought a good wee chunk of your shares.Cheers,ws
