Member Info for GrowthmanPO

Nice jump in inflows, market likes it up 4% at posting.

Https://finance.yahoo.com/news/eenergy-group-leads-top-3-090759358.html

Shares are worthless and doesn't mater how many are given to them???

Hope i'm wrong.

Find this in there 6 month results.

Operating profit in the UK & Ireland grew very strongly, driven by organic growth and the contribution from acquisitions in the prior year. The performance in Ireland was robust, following a very strong prior year. Volumes across the UK and Ireland in liquid gas and liquid fuel were in line with the prior year. Operating profit in the UK benefited from energy management acquisitions completed in the second half of the prior financial year, primarily eEnergy (rebranded to Equity Energies), DTGen and the current year acquisition of Next Energy. We continued to grow our market share in biofuel, led by Hydrotreated Vegetable Oil (HVO). Customer numbers also grew strongly, especially in Ireland.

As expected, not a good report, but keeping FY expectations shows how much improvement they are expecting in the second half. if the price keeps falling i'm in again on the way down.

there is also a briefing on investor meets company tomorrow 9am anyone interested, registration is free

Wow, a very bullish presentation just given on the investor meet platform from Harvey and Crispin. get over and have a look if you get chance.

Should be available to replay shortly if anyone interested, they are sounding positive , and pushing for new land and deals to sell off what they have available and building.

Any day now we should see the 18mth FY results, which won'rt be brilliant as already indicated, but i'm more interested in the progress since closed date of Dec2023. We already know of the contract win, recently announced, but have we utilised any of the £40M or at least have some of it planned for this year? The SP needs a boost and a re-rating so good news please BOD.

CEO always comes across as calm, quiet and subdued, but must admit he looked tired, too many late nights getting these deals done and over the line?

but personally not surprised not much detail, they have a fine line to cross in giving out market sensitive information, so these types of presentations are usually high level and don't have much future info, thats not already in the market. Hopefully more info when 18mths results formally issued latter end of April.

Still a lot of sellers in the market until these die down it will only drift upwards, some PI's only interested in quick profit and move on. I'd be surprised in 12 months this is still in single digits.

It was stated on the "Disposal of Energy Management Division" update RNS. "The Company expects to announce a trading update for the 18-month period ended 31 December 2023 in the second half of February 2024."

I would take that as they are paying us to use myZero, thats what usually happens with a license you pay the owner.

perhaps next time there is a company meets investor you could ask the question?

According to their 12month results announcements the energy services part is "Energy Services is segmented into three verticals - Measure (primarily MY ZeERO), Reduce (primarily lighting) and Connect (eSolar and eCharge)." so metering is still within e.energy

Interesting to look back and see how the SP improves coming into a results announcement, only for it to fall back heavily once released. Always tempting into selling into results, with the intention of buying back at a lower price, but never do!

Will we get the same again this year? Results expected May.

Typical inverse market reaction, beats expectations SP down, of course, madness

I doubt they can because i suspect we are in the closed period before results due i think in April. IMHO i cannot see a special dividend they will be wanting to grow the company in some way, hopefully we will find out the plans with the results.

we all just need to be patient. I know if the SP drops much more i'll be adding to my holding, for most this is a screaming buy now even on valuation terms. good luck all.

Had confirmation the online meeting following the EGM to vote on the sale has been cancelled, hope nothing untoward with the sale, and just down to availability of directors etc. if so it should be re-organised shortly.

Must admit with the news of the sale finally coming through i was expecting circa 10p per share, wondering if the results expectations have something to do with it, "lower end of expectations indicated". hopefully onwards and upwards now with the debt being wiped out. live within your means comes to mind.

Probably due to low volumes, some co's do this in between Christmas and New Year.

we'll see in new year when things should get back to normal, and hopefully buyers return to the market, along with this awaiting RNS re see off.

Canaccord are a wealth management/investment banking so wouldn't own stock, they are reporting what their clients have bought/sold.