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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Energy Assets - Eps jumps 73%

August 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • EAS
  • Price:
  • 355p
The latest insurgency in Iraq, a key oil producing territory, is a reminder that we cannot take stable energy prices for granted and one company that could benefit from the angst of further price hikes is Energy Assets, which released bang in line results. For the year to 31 March revenues, pretax profit and eps rose 34%, 72% and 73% respectively to £24.2m, £6.7m and 18.8p. The company provides gas suppliers with technologically advanced meters that allow their industrial & commercial (I&C) end users to receive information about their energy usage within just one hour so they can change their usage patterns to make efficiencies and therefore generate savings. The core business, Meter Asset Management, which procur ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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