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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Smart Metering Services - Gain to date: 124%

December 2016

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:
  • SMS
  • Price:
  • 535p
It’s amazing to think we tipped Smart Metering Services (SMS) as low as 235p in November ‘12 given that they have recently spiked to an all-time high of 639p. The company, which installs smart meters and rents them out to the energy suppliers under long-term 15 year contracts under inflation protected deals, is benefiting from Government legislation forcing all 27m UK domestic households to have gas and electricity smart meters installed by 2020.Interims for the six months to 30 June showed turnover increasing 25% to £32.3m while pretax profit rose 15% to £9.2m. The core asset management division grew revenues and gross profit by 25% to £17.7m and £12.2m respectively. SMS now manages 1,078,000 me ...

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Smart Metering Systems - Panmure upgrades price target to 1060p (May 2018)
Smart Metering Systems - Fundraising provides capacity to more than triple installed smart meter base (April 2018)
Smart Metering Systems - Shares burst through £7 after contract win (October 2017)
Smart Metering Systems (June 2017)
Smart Metering Services - 2020 deadline for households to have smart meters (May 2016)
Smart Metering Systems - H1 eps up 72% (November 2015)
Smart Metering - 43% increase in recurring revenues (May 2015)
Smart Metering - Meter asset management grows profit 61% (November 2014)
Smart Metering - Shares above £4 for first time (May 2014)
Smart Metering - Shares hit new highs (November 2013)
Smart Metering Systems - Results ahead of expectations (February 2013)
Smart Metering Systems - Terrific outsourcing opportinity in gas metering services (December 2012)
Smart Metering Systems -Fast growing prospect in remote meter reading market (November 2012)

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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