oldjoe1
04 May 2018
Re: SMS, Chart Looks Very Bullish........ The £150m raise last year reduced net debt and allowed for a big increase in capital expenditure. Energy suppliers need to get their skates on to install smart meters by the 2020 deadline. Panmure has 1060p target.
oldjoe1
04 May 2018
SMS, Chart Looks Very Bullish........ SMS Smart Metering Systems.........gapped up on the open and looking strong today. Wonder if its been tipped. lovely bowl chart with first target SP resistance at 890-900p. Trades on a forward P/E to 2019 of just over 25 and a PEG of 0.36. EPS forecast to rise 70.5% 2019. Ive dipped in.INVESTMENT RATIOS2017 (A) 2018 (E) 2019 (E)EBITDA £40.03m £49.80m £82.42mEBIT £23.82m £27.60m £39.20mDividend Yield 0.55% 0.74% 0.86%Dividend Cover 3.98x 3.16x 4.58xPER 45.57x 43.08x 25.27xPEG 10.28f 7.47f 0.36fNet Asset Value PS 185.98p p p<img src="[link]
frusset
22 Mar 2018
Re: Peel Hunt Reiterates 7.73 price target From a quick look at the results, profits were down, before and after tax. They're up if you exclude exceptional items, which are mostly "Finance costs: other". I think the fall in profit doesn't matter too much so long as there's a good return on the investment in meters, and a payback period that isn't too long. That's because of the £124 million "Payments to acquire property, plant and equipment" which I think is for meters (going by the statement about the placing). I can't see how to figure out the return on investment in meters so I'm not buying the stock (which isn't the same as saying it's a bad stock).
IOMINVESTCOM
16 Mar 2018
Canaccord reiterates buy. Smart Metering Systems plc: Canaccord reiterates buy with a target price of 1,000p
IOMINVESTCOM
14 Mar 2018
Peel Hunt Reiterates 7.73 price target 13 Mar 18 Peel Hunt Hold 677.00 773.00 773.00 Reiterates23 Jan 18 Peel Hunt Hold 677.00 - 773.00 Resumes[link]
IOMINVESTCOM
15 Feb 2018
Two positive news flow in 2 days Today's news added to yesterday should only provide a boast to the SP today and going forward.I won't repeat the news just click above.atb
IOMINVESTCOM
27 Dec 2017
Looking promising chart [link]
IOMINVESTCOM
02 Nov 2017
Re: Performing well over the last month. We both seem to like all 4 of those which I am still in 3 of 4 with various weightings.atb
Sharpedge7
02 Nov 2017
Re: Performing well over the last month. Yeah that's why I sold SMS too.... made small profit. SCT I did better on but sold at 396. Bought a smaller chunk of SCT back recently as think might go even further. My other big regrets of selling too early at the mo are FDP and PHTM altho did well out of both (esp PHTM) and you can't win em all as you rightly say. But it doesn't stop you thinking you can!
IOMINVESTCOM
02 Nov 2017
Re: Performing well over the last month. Hi Sharpedge7,Well, you cannot win them all although it is annoying when you have identified and bought the shares. I hope you still banked a profit. SMS have not been easy to own with some negative news on smart meter mis-readings and volatile share price which the latter put me off buying more.SCT is one that has continued to rise and put on another £1 in value since I sold.atb
Sharpedge7
01 Nov 2017
Re: Performing well over the last month. You are not kidding! Up 44% since I sold!!
IOMINVESTCOM
01 Nov 2017
Re: Performing well over the last month. Continues to do very well for the whole month of October.[link] month saw one broker upped price target:-18 Oct 17 Macquarie Outperform 815.50 1068.00 1125.00 Reiterates[link]
IOMINVESTCOM
14 Aug 2017
Performing well over the last month. [link]
gamesinvestor
25 Apr 2017
Re: Inventory bulge Jim,I guess I wasn't a million miles away with my thinking on this, and backed up by that article. It looks like a potential loss in the making and I can't see me investing in it.Good luck with your investment though, I guess you got onto this quite early so already have a healthy gain.If I were you I would put a tight stop loss on this, because I imagine one day down the road it wil be found out.The one benefit I did consider was remote meter reading, but this also is of no financial benefit to the customer and questionable to the supplier, given most people send meter readings online. The company is contractually obliged to visit the actual meter along the way, so that doesn't eliminate all the cost of physical meter reading anyhow.It's quite amazing what schemes and systems can be dreamed up and marketed if enough companies lobby government and get things standardised without having to realistically justify the cost.Games
jim b-r
25 Apr 2017
Re: Inventory bulge Hi GamesThis Telegraph article from Friday supports your scepticism, includes a cost saving per annum estimate from BG and lists the usual benefits of smart meters (changing energy usage, automatic meter readings, and easier management of the energy network).[link] It may be that the payback period proves lengthy, but even so, allowing customers to make informed energy-usage choices and save the planet at the same time, feels like a fair demand of the energy industry by Ofgem. Consumers can refuse a smart meter, there are currently no cost grounds for doing this while installation is free and there are no subsequent related charges. The industry will doubtless look to recoup costs, but these will almost certainly be applied to all users, irrespective of whether they have a smart meter installed. [link]
