jonnydurex
28 May 2015
No surprise these are up The surprise was they were down for so long. I am still down 3% on my second tranche of 2.5 k shares the first tranche were sold around the £3 mark but I suspect these will be considerably higher in the next couple of months once we get more positive news. For anyone looking for a punt try this with a stop loss as they move quickly either way. dyor jd
valuemanbuyer
24 May 2015
Re: A Total Ramp Interview Q3. One of your holdings, Utilitywise (LON:UTW) has had questions raised about its accounts. What is your view?NW: There was one research note in particular which questioned their accounts. Quindell and HelpHire were cited as warnings in that research note, by this analyst.We've done extensive due diligence on Utilitywise, and are completely satisfied with their accountancy, cashflows, and the future outlook.We're extremely relaxed. The valuation is ludicrous. We think the analysis was inaccurate - not malicious, but just poor. We've used recent weakness to buy a lot more.Q3 (follow up): who checks these things?NW: Saku (Sasha) and Paul (Lamacraft) focus on early stage businesses, whereas Stephen (Lamacraft) and I look at FTSE 350 stuff, and international. Utilitywise falls between the two, so we've all looked at it together, and we've met the company.We work very closely as a team. Three guys work for me, have delegated responsibility to a team of researchers.
valuemanbuyer
23 May 2015
Re: A Total Ramp No there is no site to view the interview - if you want to experience him you probably need to fork out £700 like I did.The point is he and his team are first class at analysing businesses and due diligence .his record proves it. Recent research I read suggests Utw are already fully ready for the new legislation and it will be an advanstage for them as they have the infrastructure already in place where smaller competitors don't and can't.Funnily enough it was Woodford who sold his Tesco shares to Buffett .he felt the management were more interested in empire building than making a good return on capital ( just as Terry Greeen pointed out recently ). When he said ludicrously UTW is cheap I think that should put our minds at rest that there is considerable margin of safety in the current price.
kemicalz13
22 May 2015
TPI Market Investigation I'm sure many of you are aware that the CMA are looking to the TPI market, as well as the larger gas and electric market for consumers.As a TPI, Utilitywise will be bound by the regulation that the CMA instruct. Their decision is expected in late 2015.I believe UTW inform their customers that they have access to the fees the supplier pays them if they wish. Of course, this is different to the customer having the fees printed in black and white for them. Ofgem's proposal to the CMA: [link] aside, I've enjoyed the recovery of late... A late by welcome response to the very strong interim results.
Alligator77
22 May 2015
Re: A Total Ramp Plus500 is the sort of scenario that I worry about hitting this share. The problem with shares where Woodford is a holder is that the automatically seem to pick up a premium. Mr Buffett and Tesco goes to show that we all get it wrong sometimes.So, what DID Mr W say and where can we read it ? Pretty please ........
claude reins
22 May 2015
Re: A Total Ramp Well he would wouldn't he?On the other hand, what did he say. Is there a site where we can read what he did say?Thanks for any help.
valuemanbuyer
21 May 2015
Re: A Total Ramp Not what Neil Woodford said at the value investor conference about UTW in front of 400 delegates !
Alligator77
20 May 2015
Re: A Total Ramp Have you looked at the Blood in the streets article of Febuary and Paul Scotts recent comments about he accounting ? I suspect this is a "hot potato" stock - one to drop at the slightest bit of bad news.
valuemanbuyer
18 May 2015
Re: A Total Ramp It seems to fit Jim Slaters investment criteria rather well - consistent growth in sales and profitability .high levels of free cash flow, high return on equity ,management interests aligned with shareholders and a very low peg factor giving a large margin of security.since this is a growth market I can see why Woodford liked it too. Been increasing my holding .the main concern is the unloved nature of small caps and illiquidity in them which could last years.
zulu principle2
17 May 2015
A Total Ramp This is a total ramp2015 EPS Forecast 17.90 EPS Growth 42.1% PER 14.2 PEG 0.34 2016 EPS Forecast 25.80 EPS Growth 44.1% PER 9.9 PEG 0.22Year End is only 10 weeks away and we shall be looking at 2016 and 2017 forecastsPER for 2016 is only 9.9. This is too cheap. I can see us getting well past previous highs. £4 still gives a 2016 PER of still below 16. Way too cheap even thenThis is just my ramblings so don't pay too much attention.
jonnydurex
16 May 2015
Re: Jump? I have a few of these having sold half when they were a fair bit higher. As you say Woodford has been a long term holder and that has encouraged me to stay with them. I have found this share to move quickly one way or the other and so would be worth putting a stop loss on for anyone not wanting to get caught out. FWIW I think with the various newsletters giving it the thumbs up and trading looking to be strong this could be a good time to get in? I may well be buying more very soon-but then that means them going down! jd
Galahads Apprentice
16 May 2015
Re: Jump? Thanks for the comments Jim, and yes a large chunk purchased by Woodford should help these days with all the positive press he gets. I think Woodford's stake currently has grown to about 22% ..
Ramptastic
15 May 2015
Re: Jump? I think the recent report on trading has been well received and a number of commentators (eg Small Company Sharewatch) had written about the company in positive terms.FWIW when I reviewed the stock the other week I bought more as it just seemed too cheap - and this made me worried that I wasn't seeing something, but it looks like investors generally took the same view and have been steadily buying.I also note that Woodford owns 20% of the company, which is as good a recommendation as you will get anywhere!Jim
Galahads Apprentice
14 May 2015
Re: Jump? Thanks 23Jez for that info which will certainly have had an impact and 'hear hear' Staffai, to good value and prospects!
staffai
13 May 2015
Re: Jump? hopefully it a jump because of its good value and prospects .
