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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Smart Metering Systems -Fast growing prospect in remote meter reading market

November 2012

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:
  • 235p
Smart Metering Systems (SMS) which has soared from a placing price of 60p in July last year to a recent high of 257p, is one of those companies benefiting from energy regulator, OFGEM's attempts to increase competition and efficiency in the gas industry in its battle to protect the consumer from ever rising prices. Established in 1995 and based in Glasgow SMS was originally involved in the outsourced management of gas connections, a business which has built up nicely thanks to contract wins with a roster of blue-chip gas suppliers such as BP Energy, Total and Shell Gas Direct. However, its “Big Bang” moment occurred in 2004, the year OFGEM shook up the gas metering market, by effectively forcing gas suppliers (as part ...

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Smart Metering Services - Gain to date: 124% (December 2016)
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Smart Metering - Meter asset management grows profit 61% (November 2014)
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Smart Metering Systems - Results ahead of expectations (February 2013)
Smart Metering Systems - Terrific outsourcing opportinity in gas metering services (December 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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