We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It's pretty simple math. If 30000 customers were split anything like equally across 30 suppliers it would offer absolurely no influence from the supplier in terms of early payment etc as there would be absolutely nothing to gain for the supplier. The fact that utilitywise has agreements with 2 suppliers that pay upfront e.g. before the customer contracts go live, openly suggests that is where they place the vast majority if not all of their customers. Ask yourself why else would a supplier pay a 'middle man' before they get paid themselves? The answer would be they have an agreement to be provided a large volume of business. This essentially puts utilitywise at the mercy of one or two suppliers and that 'all eggs in one basket' approach is very risky indeed, especially if the supplier decides they are not gaining value for money e.g. if the contracts are not going live. I suggest you do your research as this is all public knowledge.
nearly free carry
D Watson.......I am guessing you are short or have missed the boat this week? What a load of drivle you talk.....I think you will see very shortly where UTW are going....watch this space for news.
Stagnant customer numbers over last 2 years. Only 30000 uk customers when there are over 30 suppliers, some of which are billion £ corporations who simply won't/don't need TPI's, suggests the company are very much 'in bed' with one or two 'preferred' suppliers. If anything happens to these one or two suppliers, what then? No spread of risk. No diversification, high posibility of regulation which will have major impact. Still too much 'future income' included in figures. In my opinion chairman has been looking to pump and dump for a few years. Be cautious.
I am guessing possible outside investment. Whatever I think we are gradually seeing a re rating of share price here. I am long and looking firward to 400p being realised with a nice dividend too.
If this is the case, what other news is to be published?
Woodfords tra,nsaction completed on 21 October, which was prior to the recent rise!
Woodford not woodland
This explains why the share went up to 25% over last two days - woodland
Surely the rise can be attributed to results last week? Better cash, lower debt, 30% rise in divi. I'd be very happy if the there is more good news on the way but feel the current rise is justified by the news we know already! The share price was held down the first few days by a big seller taking advantage of increased volume, now that's out the way it's free to move up.
Toftshaw........Shares do not rise 25% in two days because of a buy recomendation in the FT. Some news has leaked. I spoke to someone last week who seems to think 400p is fair value here. Lets hope we see some interesting news in the next day or so that will enable us to reach that target one day.
There was "Buy" recommendation in the Weekend FT on Sat.
Looks like news has leaked.....this going to 250 pdq. Enjoy the ride guys.
A pe of 8 will take this to 170p and it will still yield over 4%. If sentiment is changing at last maybe Woodford has been right all along and there is value here. Looking at the strength of buying today then I think either there has been some news leaked or institutions have decided that the latest set of results have shown the company is now headed in the right direction. I expect this to carry on rising next week maybe to 160/170 but it could go much higher if it can show the problems are a thing of the past.
@comeon - yes thanks - been buying a bit in the decline since the CEO was appointed and a fair bit since the FD was announced. I think we may be in for a good ride now so hopefully you have one or two as well. @spikey - for reasons that have nothing to do with this kind of investing I happen to be a s/h in Augean. I liked what I saw of him/his impact. He is a cashflow man and theirs improved rapidly following his appointment in 2014. If the same happens here the sp will fly imho. I really think the UTW team has a "spine" now - big stable shareholder, good ceo, good fd and a chairman who is probably not up to the job, but who has Woodford sitting on him to make sure he does no damage. GLA GS
nice bounce today fellas, & ladies.
looks like she found her feet , ship steady today and rising. hope you got some of the cheep shares GSmiley.
george, do you know much about this new CFO? (defenestration of the old one seems sensible, but don't know much about the replacement.)
you still liking this?
More important to me is that they have a good FD now. No more nasty surprises which should mean that as trust grows the sp should increase. Profitable, cash under control, good yield. If the sp falls back (which it probably will) I will have a few more. GLA GS
results look solid.
I'm looking for a move into net cash and the continued growth shown previously. Hopefully the market can respond too.
There has been a fair number of share transactions and no postings since 6th Oct!!!
It's a bit like having your teeth pulled at the moment. .