Utilitywise – early adoption accounting change announcement coincides with profit warning which wouldn’t have been!

Previously writing on Utilitywise (UTW) it was a case of it having been wise to red flag, as (Utility)unwise energy consumption projections see the shares crash. I concluded ‘is there anything else to emerge from the changes required to ‘increase transparency’? The visibility here sees me continue to avoid’. The shares are today further lower on “Early Adoption of IFRS 15” and “Trading update” announcements…

Utilitywise (#UTW) – profit warning due to shortfall of signed renewal contracts against expectations

Utilitywise – it was wise to red flag, as (Utility)unwise energy consumption projections see the shares crash

Previously writing on Utilitywise (UTW), I concluded continue to avoid as the shares recovered a bit from sub 130p - Flattery from the company for Brendan, but will he be able to rectify the red flags ahoy? There is today a “Projected under-consumption of energy contracts” announcement – and the shares are currently crashing below 80p…

Utilitywise (#UTW) – financial hit due to under-consumption in certain energy contracts

Utilitywise (#UTW) – overall performance “in line”, though slower than hoped progress in Corporate division

Utilitywise - Flattery from the company for Brendan, but will he be able to rectify the red flags ahoy?

With a business model which has seen red flags ahoy noted and recent performance “weaker… than we would have liked” (sorry, in order to help the company ‘realise its considerable potential’), Utilitywise (UTW) has announced the appointment of Brendan Flattery as CEO, effective 1st October 2016…

Utilitywise – wariness vindicated as company updates on “weaker overall performance than we would have liked”

“Utilitywise (UTW), the leading independent utility cost management consultancy, today provides an update on trading for the year ended 31 July 2016. The group expects to report significant revenue growth in the period with revenues of at least £82m (£69.1m 2015)”. Sounds promising, so why are the shares currently a further 6.5% lower, heading towards 133p? ...

Utilitywise (#UTW) – staff attrition in Enterprise division -“weaker" overall performance

Utilitywise – half year results, same old problems currently remain

Utilitywise (UTW), which seeks to leverage relationships it has with energy suppliers to business customers, has announced results for the six months to 31st January 2016, emphasising “continued strong performance… delivering another period of revenue and profit growth”. What about the all-important cash generation and balance sheet though?

Utilitywise plc – a peculiar case of reviews & more

Having previously highlighted areas of particular interest in the accounts of Utilitywise plc (UTW) HERE, I earlier updated – concluding that the noted concerns see me continue, ahead of 19th April-scheduled results for the six months ended 31st January, to remain cautious (see HERE). I now update further following the comment to that earlier piece from reader ALCIRA16247...

Utilitywise plc – first half trading update, still red flags ahoy?

Having previously highlighted areas of particular interest in the accounts of Utilitywise plc (UTW) HERE, a recent “Trading Update” notes that “the group has performed in line with management expectations”. But what does this mean for the areas I highlighted?...

Utilitywise (#UTW) says that trading is line with forecasts

Zak Mir's Great Request Show: Sareum Holdings, Strategic Minerals, Utilitywise

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at  shares in Sareum Holdings (SAR), Strategic Minerals (SML) and Utilitywise (UTW) setting share price targets for all three stocks.

Zak Mir's Great Request Show: Numis Corporation, Parity, Utilitywise

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Numis Corporation (NUM), Parity (PTY) and Utilitywise (UTW) setting share price targets for all three stocks.

Utilitywise plc – part 2/2: the outlook...

In part one of this two part look at Utilitywise plc (UTW), I highlighted areas of particular interest in the accounts. The following reviews post announcements from the company this week, including of a “Change to payment terms with existing supplier”…

Utilitywise plc – part 1/2: past financial performance...

Last month I noted recent short interest in shares of 'utility cost consultancy', Utilitywise plc (UTW) and concluded that I don’t like the accounting treatments HERE. With the company having this week announced results for its year ended 31st July 2015, the following details the evolution of its accounts having listed on the AIM market in 2012, highlighting areas of particular interest…

Utilitywise plc - red flags ahoy?

Ahead of results for its year ended 31st July 2015 scheduled for the end of next month, I note recent short interest in shares of 'utility cost consultancy', Utilitywise plc (UTW) – see HERE and HERE. Are there further red flags ahoy? …

Table of shorted AIM shares - 28/08/2015

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE…

Utilitywise (#UTW) says H1 in line and will hit FY forecasts