Member Info for horsetrader2

I completely agree with you . It’s a money making machine for those involved and no one else. That’s a huge turnover to be making a ,loss on .

You are right. I will readily admit to having had a slight flip flop of views.. The broadband service was launched shortly after my research uncovered it . I will confess to having been very irritated by the last set of results and the plethora of what seemed to be nothing but bad news. I now wonder if the bad news was kitchen Sinked in order to get everything negative done and dusted. Flollowing various UTW twitter feeds and other readily available public domain information, has led me to believe that it’s becoming a decent place to work and that perhaps I had been a bit harsh on my comments of the new CEO and that my impatience for a change of tide got the better of me . I still think the water side of the business has been a bit of a flop and I will be amazed if 2021 customer number targets are reached. We would need to see increased customer numbers fairly soon if they are to have any chance of hitting their targets. Having said all that, even a margainal uplift in customers numbers should be able to shift the price North from these very low levels. I saw their iot buildings control demo at a trade show and was impressed and hope it finds its way successfully into what could be a huge market. Therefore, having taken all that into consideration, My bet is there is more upside than downside. (At the moment and at this price) Hopefully the next set of results won’t make me flip flop again.

I was always of the mind that when the accounting policies were changed, that there was going to be a period of about a year of catching up to do and once UTW had come out of the other side, then things could actually start looking quite good. If things look like they have turned around , then the price lemmings will jump on board and the price may rebound significantly. In a nutshell, I like these dull periods, as they provide what could be a very good buying opportunity. If they reinstate dividends at some time, we could see some fireworks. All in all, at todays price, they look a bargain. I hope I am right.

I thought the same, although I don't think this is a particularly popular share for individual punters and the price has historically reacted slowly to any news. It presents a very good buying opportunity imo.

I can’t work out where they are managing to get this quantity of shares without any notifications of a large sell by anyone.

It has been obvious the last few days that they have been buying more. It will be interesting to watch the trading patterns tomorrow.

CEO out and price on the constant slide. I sold out a while ago as I stated on here, but like to watch and see how the story unfolds. Funny to remember how vilified I was by a number of current posters on here. All I will say now, is CEO has been booted, price dropping day by day like a stone and you can try and justify your investments as much as you like, but you would be foolhardy to ignore the signs staring you in the face. Best of luck. I think you will need it !

They seem to be quite keen. Another RNS today and some large late trades suggest they have not finished. The question is...Why ?

Some very large trades going through this week, especially today. All rather interesting and looks like someone is taking a stake. Perhaps Regent buying some more.

They have also upped their stake in Utilitywise last week. I wonder what they are planning ?

Interesting to see that they have also raised their holdings in Inspired energy.

Perhaps he failed to properly prepare for GDPR and a crisis is looming . Could be for other reasons , but hard to take his departure in a positive light.

The rise in price in the last week, coupled with the recent purchase by Regent both bode well. Could BF have binned all the bad news in preparation for a good second half ?

Is it possible that a merger with INSE could be on the cards ? It would make good financial sense.

IMO Regent move is very significant . They get access to customers and knowledge of all competitor pricing if they increase their holding and get on the board or make a bid and buy the lot. Perhaps another supplier may also come on board. I remember an example when It happened in financial services where the product providers bought stakes in the distribution business but at a loss to remember who it was. Suppliers often pay a fortune to ‘buy’ a customer portfolio At UTW market cap it would be a steal - however it may also drive interest from other suppliers .. Definitely an interesting spell looming .

Since Regent Gas is a supplier, and they have bought into this market, I would have thought that Monday could see some decent price action.

That was a short lived bit of fun in what has been an abysmal year.

Nice rice over the last day. It looks like the seller has cleared and hopefully they have something good to talk about coming into tomorrow’s meeting.

Not sure why this has changed, but got this in my voting mailbox this morning. PLEASE NOTE THAT THIS IS AN INFORMATIONAL MEETING, AS THERE ARE NO PROPOSALS TO BE VOTED ON. SHOULD YOU WISH TO ATTEND THE MEETING PERSONALLY, YOU MAY REQUEST AN ENTRANCE CARD. THANK YOU CMMT PLEASE NOTE THAT THIS IS AN AMENDMENT TO MEETING ID 924709 DUE TO CHANGE IN VOTING STATUS OF THE MEETING. ALL VOTES RECEIVED ON THE PREVIOUS MEETING WILL BE DISREGARDED. THANK YOU 1 CONSIDER, PURSUANT TO SECTION 656 OF THE COMPANIES ACT 2006, WHETHER ANY, AND IF SO WHAT, STEPS SHOULD BE TAKEN TO ADDRESS THE FACT THAT THE NET ASSETS OF THE COMPANY HAVE FALLEN TO HALF OR LESS OF ITS CALLED-UP SHARE CAPITAL

Could also be possibly be Thompson or Middleton as they have departed and may want shot of their shares ? Either way, it’s an institution or private share holder with a significant amount of shares when you look at the recent volume.