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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Energy Assets - Shares hit new high of 490p

January 2015

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:
  • 460p
The shares hit a new high of 490p ahead of interims for the six months ended 30 September, which showed revenues, pretax profit and eps rising 43%, 30% and 32% respectively to £16.9m, £6.7m and 18.8p, following a period of contract wins and acquisition integration.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 procures, installs, maintains and rents the smart meters and data loggers, increased its installed base by 11,0 ...

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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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