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Been slowly accumulating at 500p range. Momentum turning, hopefully back to 800p
Hello. I was looking at SMS last year but uncertain then it fell below 500. Its just been drawn to my notice that SMS has possibly solved the SMETS1 repair situation but is there any premium in this as SMETS1 has finished production and updating will probably be initiated at DCC end. SMETS2 is now well underway. SMS is producing meters but will there be any take up of meters as the likes of Itron are supplying millions.
The communications side is already signed-off using Telefonica, Toshiba and CyanConnode and this is interoperable.
I have shares in the latter. Is there any value in relooking at SMS.
Surely 550p is a bargain? Thoughts???
Government clueless?
What's new.
Out of date. Contacted J Gove earlier this year and he or his dept were totally out of date with reality about Hydrogen.
Say no more.
I am shocked that people don't understand the potential of smart metering. When more and more people have solar on their roof and drive electric cars the whole distribution of electricity will change beyond recognition from the current grid. In order to make this work people will need smart meters so that their system knows when to use solar, use the car as a battery, use other folks spare capacity etc. The £11 per year figure quoted is complete nonsense and just proves to me that the government is clueless.
Q what liability will sms have to replace dumbmeters with SMETS2 versions?
If none the installation gravy train can roll on.....if a lot then recapitalisation may be needed.
Ok , only £11 savings, but this is not the real issue. It's about having peak / off peak electric prices. Energy companies want too make money! This has bottomed out now, and 1000p+ on cards in a couple of years.
That's all each meter achieves. Garbage. Will government ditch the project? Think we'll see the 500p range soon, and so I sold today for 650p.
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.
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 RATIOS 2017 (A) 2018 (E) 2019 (E) EBITDA �40.03m �49.80m �82.42m EBIT �23.82m �27.60m �39.20m Dividend Yield 0.55% 0.74% 0.86% Dividend Cover 3.98x 3.16x 4.58x PER 45.57x 43.08x 25.27x PEG 10.28f 7.47f 0.36f Net Asset Value PS 185.98p p p https://pbs.twimg.com/media/DcWyEdgXkAAJvMQ.jpg
�8.50-9.00
Seems you are right. Where are you looking for this leg to end? What's your target?
A 3.9m pound buy at 1.34pm today seems to be the turning point. Hopefully this was the reason the sp has been suppressed and the Mms will now let it rise
.... so why doesn't the price go up
I think it was slightly overpriced, but now actually looks like a good time to buy. I feel this will be around 800 by the end of the year, but hard to say! They are only "meeting market expectations" investors are looking for more than that now :/
Good news released today, but still the share price falls?
Dividend SMS is pleased to announce a proposed interim cash dividend to shareholders of 1.74p per ordinary share for the half year ended 30 June 2017, a 27% increase. The interim dividend will be paid on 24 November 2017 to those shareholders on the register (record date) on 19 October 2017 with an ex-dividend date of 20 October 2017.
Another promising UK company appearing to disadvantage its loyal small investors by a huge institution-only placing, no doubt at a large discount. I find myself investing more and more overseas, no wonder.
Belief that all is well with the UK rollout appears to be thin on the ground, despite what the board are saying.
Does anyone know why the drop? I have googled and nothing has come up.
With the roll out of smart meters mandated - this will be a magic money tree for SMS.
10% diff between bid and ask . Whats the risk ?
Daily Telegraph 06/05/2017 Early smart meters can’t cope with switch in supplier By Katie Morley MILLIONS of smart meters installed under the Government’s flagship scheme may need to be replaced due to an IT blunder. For the first time, major energy suppliers have admitted that some of the 8 million “first-generation” smart meters fitted in households are incompatible with a new national communications network, which links their systems to the devices. The Government last night denied that the meters would need to be replaced. But consumer experts described the smart meter roll-out as a “cock up” while sources at major energy firms admitted the cost was “spiralling” despite customers receiving “sub-par experiences”. If new meters are necessary, it could add £100 to every UK household’s energy bill, although sources said this was unlikely. Meters not connected to the system “go dumb” when consumers switch energy suppliers to get a better deal, meaning they are no better than traditional meters with customers giving readings. Under the Government’s £11 billion smart meter programme every household in the UK will have been offered a device by 2020. Energy suppliers which do not comply face heavy fines. Until now the Government had presumed that the problem of first-generation meters failing would be fixed as they could easily be connected to the system through simple computer programming. But now it has emerged that many are incapable of being adapted to the central system, meaning they will have to be replaced. Many meters may require expensive visits by engineers to be brought on to the system. The scheme’s operator is mulling various IT solutions. But a programming overhaul would come at a cost of £500 million, according to a consultation paper seen by The Daily Telegraph. A year’s delay in introducing the network, run by the Data Communications Company (DCC), over “technical issues” also means millions more old-style smart meters than planned have been installed, further raising costs. Martin Lewis, founder of MoneySavingExpert.com, said: “The rollout of smart meters has been a cock up and a catastrophe. Energy firms are now using it as a soft form of trapping people into poor deals as they can’t switch providers without their meters going dumb.” A DCC spokesman said it was “consulting on enabling the first wave of smart meters to access the benefits of the new national network”. A Department for Business, Energy and Industrial Strategy spokesman said the early meters “will not need to be replaced. The [DCC] will enrol these meters into their system, so that they can work in smart mode when consumers switch suppliers.” Additional reporting by Jillian Ambrose
Enough of 600p, time for 700p. Solid business model for this stock, and very defensive. Can see dow tanking, and people piling for safety stocks such as this.