RE: Annual results etc10 Dec 2018 11:47
I am an employee of utilitywise. I just want to shed some light on numerous situations surrounding utw plc. Firstly
- redundancies. We were devastated to lose members of our telesales management tea however the decision by the company is totally understandable. Team managers were over populated compared to telesales staff we had. Couple this with the shrinking market for telesales I feel the decision had to be made.
- utilitywise results are iminent I work on a channel that is not only hitting but massively exceeding targets set by the company. We currently do a third of enterprise revenue generation and are positively professing month on month. The processes we now have in place mean that revenue protection is a key focus which will result in less loss of revenue for utilitywise. The rumours you have heard about all staff being made redundant, renting out half the building to another firm are completely unfounded and untrue. The business is not as big as it once was in terms of bums on seats but the people we have in key positions in the company massively out weigh the old regime.
I see the revenue that is done month in month out by utilitywise as a whole and can only see an increase in share price once results are announced. I can totally understand why people could be sceptical to buy or people that are already in, worrying about their investment but take it from someone who works within the company. That all the scare tactics you hear are from begrudged ex employees or direct competition. Great investment opportunity