UTW Utilitywise

Ok this company has came to my attention by appearing on the price Toplist  on ADVFN it was breaking out above its 52 week high time and time again!  

Time for a closer look…

Their website is here http://www.utilitywise.com/

Utilitywise is a energy and water consultancy company. They help businesses get the most value from their energy and water contracts i.e the cheapest contracts

Key facts as at 05/02/13

  • Market Cap 197m
  • Cash 4m
  • Debt 0m
  • Forecast Profit 17m
  • 197m/17m = 11 times Forcast earnings

Directors Buying

One thing I noticed on Digital Look was that one of the Directors has recently bought 3 million pounds worth of shares! Now that is what I call a vote of confidence!

I also took a read through their latest results just out today makes good reading, however the market has taken it as a chance to take some profits so looks like a buying opportunity for me…

The Board is pleased to announce that the Company has performed slightly ahead of management expectations for both revenue and adjusted profit before tax in the period.  As at 31 January 2014, the value of contracts secured but not yet live stood at a record £23.8 million  from £18.2 million as at 30 September 2013 (31 July 2013: £16.6 million).

So this is how I would typically research a company having a look at: their figures, their website, the broker forecasts for what they are worth etc.

Time spend researching a Share is very worthwhile - dont be tempted to take shortcuts or copy other people.

 

Published by

Investor John

Investing as a Private investor John has shown success over the last 15 years with a straight forward common sense approach to investing - He can help you to learn and will gladly share his knowledge to get you started.

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