(BGBL.L) Bglobal PLC Buy/Sell

yes wait a bit for this technology to really take off as rthe service industry cuts people costs and uses automatic power consumption measurement techniques

---

More |  View thread (5) |  Respond |  Login to Vote up

This issue of employee shares was reported and declared in 2007 and was known about by the institutional investors that have bought into the company over the last 2 years.
I think that the company is on the up and the SP is due to the general uncertainty in the economy and an election coming soon.
I very good sound investment but for the longer term me thinks!

---

More |  View thread (5) |  Respond |  Login to Vote up

Thats my comment, weak buy.

Company not that strong

---

More |  View thread (1) |  Respond |  Login to Vote up

....................BUY

BGBL's shares have drifted down following the disappointing weather-induced problems. But the company is now back on track and, on a longer-term view, the shares remain a buy at 47p.

If I had some spare spondoolies, I'd certainly be adding at this price but I've earmarked my cash for the Supergroup IPO.

Inthetin

---

More |  View thread (1) |  Respond |  Login to Vote up

frigginrascal,
You flag up a sell flag yet state it's a hold. Can you clarify this please.

---

More |  View thread (3) |  Respond |  Login to Vote up

Yes it's 400,000 shares, 0.5% increase in total volume- that really justifies your sell recommendation or do you have anything else to add?

---

More |  View thread (3) |  Respond |  Login to Vote up

This share is certainly for the long term - no question about that and I am confident that it is a sound investment. Good service to a ever expanding market.

---

More |  View thread (1) |  Respond |  Login to Vote up

Not good. Issue of more shares even if it is for employees.

---

More |  View thread (3) |  Respond |  Login to Vote up

I think the 400,000 shares issued were part of a share option scheme initiated for employees in 2007. This is similar to shemes that many companies operate and would not have been imlemented purely for the generation of funds. At the end of the day employees would have also had the opportunity not to excercise the option ;-)

---

More |  View thread (5) |  Respond |  Login to Vote up

Just a question...but it would appear that the drop was due to the issue of 400,000 new shares, would it not?. Normally this would indicate some cash problems within the company....they already have a funding capability with Barclays, so unless this has been withdrawn (another bad signal), then they may have gotten into a crunch and need the new cash....or have I got it wrong?

---

More |  View thread (5) |  Respond |  Login to Vote up

Stunned to see the SP at this level - walked down by the MMs as investors have taken profits, but this is looking oversold to me now.

- Indicators all showing oversold, MACD / RSI / Stochastics(Fast&Slow) all indicate BUY
- broker price target of 75p distance to current SP over 40% now
- business plan playing out as planned, securing many new contracts and securing government business
- Funding remains secured and not a problem
- Balance sheet improving as the months go by
- Steady run-rate
- ++

Unfounded drop in SP, fundamentals remain unchanged and strong, hence STRONG BUY recommendation from me at this price.

IMHO.

JDMB

---

More |  View thread (5) |  Respond |  Login to Vote up

such a positive RNS - yet again - from these guys; all looks and sounds extremely positive with new contracts being picked up, and even the government are now giving us some action. This is playing out superbly. I'd like an update on their residential smart meter development and testing, though.

The SP has been driven down by general market jitters over the recent months, this should be well over 60p by now. Currently well undervalued IMHO.

GL all holders.

JDMB

---

More |  View thread (2) |  Respond |  Login to Vote up

RNS Number : 3343I
Bglobal PLC
10 March 2010
 
10 March 2010
BGLOBAL PLC
(“Bglobal” or the “Company” or the “Group”)
Contract Wins and Trading Update
Bglobal plc (AIM:BGBL), the leading UK smart metering and energy data company, announces an update on trading and recent contract wins.

npower
The Company is delighted to announce that it has reached agreement with major UK energy supplier npower to provide smart meters and installation services to its business customers valued at almost £7million over the next 12 months. Additionally the Group will provide new recurring data services to npower valued at approximately £0.6million per annum.
Bglobal has installed and reads in excess of 25,000 business customer meters for npower to date under a preferred supplier framework contract, nearly 20,000 of which have been installed during the current financial year.

British Gas
Bglobal is to help British Gas install real-time display energy meters in up to 23,000 schools in England.
Provision of the meters is being managed by Partnership for Schools, the Government‟s delivery agency for capital projects in schools, and is free to the schools. The project is being supported by the British Gas Generation Green educational programme which has created a range of learning resources, including lesson plans, which are specifically designed to be used alongside the „dashboard‟ displays.
The energy display meters will provide an accurate real-time reading of how much electricity a school is consuming through their main electrical supply. Schools will be able to use this data to inform decisions about how to make energy savings and encourage long term behavioural change with the aim of embedding sustainability throughout the school curriculum.
Schools account for around two per cent of UK green house gas emissions, with 9.4 million tonnes of carbon dioxide emitted annually by schools in England. The energy display meters, which are provided by British Gas and will be installed by Bglobal over the next 12 to 24 months, are expected to help reduce consumption by up to 10-15 per cent, around one million tonnes of carbon dioxide, and it is estimated that it will save an average 900-pupil secondary school more than £3,000 a year on fuel bills alone. The first meters have already been installed by Bglobal in schools in Berkshire and Middlesex and approximately 23,000 schools are eligible to apply for installations with up to 12,000 expected to benefit this year.

Recent Trading
The Company‟s nationwide installation programme continues to recover from disruption caused by freezing weather conditions in December and early January and smart meter installations performed across the UK by Bglobal during February reached almost 4,200.

The Company also continues to see growth in winning direct customer contracts. Recent contracts for smart metering and related data services have been placed by the National Blood Transfusion Service, Aviva, Apcoa Parking, Dorset Fire Brigade, Greater Manchester Police, Manchester Metropolitan University and Transport for London.

Tony Barnes, Chief Executive of Bglobal, said: “Forward-thinking energy supply companies are putting smart metering at the heart of their commercial and industrial customer programmes. This is clearly demonstrated by npower‟s push in the business sector and we are delighted to be continuing to support their plans with our end-to-end service.”

“We are pleased to support British Gas and the Government in the ambition of putting a smart meter into every school in the UK. We have no doubt that Bglobal‟s installation of British Gas meters in schools nationwide will help children gain an understanding of how they can tackle environmental issues and make a difference.”

“With sizable agreements in place to install meters and provide data services for major energy supply customers for the year ahead and with our operational performance demonstrating

---

. . . Read Full Message More |  View thread (2) |  Respond |  Login to Vote up

i hope this helps to lift price tomorrow from IC Bglobal wins more orders
Created:9 February 2010Written by:Graeme Davies
Smart meter specialist Bglobal outweighed slight disappointment on its recent trading record with a hefty new contract win in its most recent trading update. A long-standing framework deal with British Gas Business (BGB) to fit smart meters at its customers' premises has firmed up into a £12m contract for installations for this year alone, along with £1m of recurring revenues and the prospect of further firm orders to come as BGB looks to install 100,000 smart meters by the end of 2010.

Advertising

Bglobal also signed an agreement with new electricity market entrant Dual Energy Direct and with G4S Utility Services to install Bglobal's meters. The bad news came in the form of a profit warning after the freezing weather affected Bglobal's ability to install meters, and the availability of a new type of meter meant a greater proportion of stock had to be flown in rather than arriving by sea, hitting margins.

Charles Stanley has reduced its pre-tax profit forecast for 2011 from £4.5m to £3m, giving EPS of 3.81p.

What we said: Buy

When: 8 January 2010

Price: 52p


--------------------------------------------------------------------------------

SHARE TIP UPDATE
BuyBglobal's early mover advantage in this market continues to serve it well. The profit revision is a disappointment, but not a terminal issue. We retain our buy at 52.75p.


--------------------------------------------------------------------------------
Order reprintsShareBack to top

--------------------------------------------------------------------------------
Share Tips
BuysSellsRecommendation changesTip performanceTrading
Companies
Markets and Sectors
Columnists
Stock Screens
Funds Data
Research Tools
Investment guides
Events
Q and A

requires IC Advantage


--------------------------------------------------------------------------------

Win £1000

Win £1,000! Vote in the IC/FT Wealth Management Awards above - all you have to do is tell us what you think of the companies you use to manage your money and investments and we'll enter you into a prize draw with the chance to win £1,000.

Click here to vote

---

More |  View thread (2) |  Respond |  Login to Vote up

I believe that this share is going to be top one in the next 5 years when it has the chance to be in the blue.

Anyone any thoughts on SP in 5 years? £3+

---

More |  View thread (2) |  Respond |  Login to Vote up

Bglobal (BGBL, 52.5p, £41.31m) Trading update includes the announcement of a contract win with British Gas Business for smart meters which could generate some £12m revenues in 2010 and deliver recurring revenues of £1m thereafter. The contract formalises the amount of work to be received that was previously covered in a framework agreement announced in July 2006. It has also announced an end-to-end contract with Dual Energy Direct, a new entrant into the UK electricity market. The group has established relationships with 5 national providers of field services. The adverse weather did limit installations, so are below target currently, but the group is broadly trading in-line with market expectations in terms of revenues but increased transport costs needed to meet higher demand and investment ahead of the British Gas contract has led to profits below expectations for the year ending March 2010. We remain firm fans and it is one of our “Thoughts for 2010” stock tips. BUY with a maintained 75p price target.

---

More |  View thread (1) |  Respond |  Login to Vote up

##
Bglobal

Severe winter weather may be good for utilities that operate energy meters, but it is bad for the companies that install them. Ask Bglobal, the AIM-listed group that fits “smart” electricity meters for business customers of British Gas, npower and Scottish & Southern Energy. The disruption caused by January’s snowfall stopped it fitting as many meters as usual — which, with freight costs that were higher than expected (it sources meters from Singapore), means that current-year figures will miss forecasts.

Nevertheless, Bglobal’s shares rose yesterday as investors looked beyond that setback to latch on to its accompanying contract win, a £12 million deal to fit 5,000 meters a month for British Gas in 2010. The significance is the increased workload — about double existing volumes — and greater certainty that the deal brings to Bglobal, whose order book now covers three quarters of forecast sales for the next financial year (the 12 months to March 31, 2011). Given utilities’ aggressive installation targets and the impetus to ensure security of meter supply, more customers might be expected to follow suit.

If Bglobal has a problem, it is the prospect of too much work. UK legislation requires large businesses to adopt smart meters by 2014, with smaller companies and households mandated by 2020 — although incentives to cut energy bills may mean that they act sooner.

Bglobal is still in the red; a maiden full-year profit and dividend is not forecast until its next financial year. And competition from the likes of Siemens, National Grid and Invensys’s IMServ offshoot is likely to intensify. Even so, at 52¼p, or 20 times forward earnings, buy.

---

More |  View thread (1) |  Respond |  Login to Vote up

Get Level 2 now for only £20.00!

Bglobal (BGBL, 52.5p, £41.31m) Trading update includes the announcement of a contract win with British Gas Business for smart meters which could generate some £12m revenues in 2010 and deliver recurring revenues of £1m thereafter. The contract formalises the amount of work to be received that was previously covered in a framework agreement announced in July 2006. It has also announced an end-to-end contract with Dual Energy Direct, a new entrant into the UK electricity market. The group has established relationships with 5 national providers of field services. The adverse weather did limit installations, so are below target currently, but the group is broadly trading in-line with market expectations in terms of revenues but increased transport costs needed to meet higher demand and investment ahead of the British Gas contract has led to profits below expectations for the year ending March 2010. We remain firm fans and it is one of our “Thoughts for 2010” stock tips. BUY with a maintained 75p price target
http://www.proactiveinvestors.co.uk/companies/news/12931/hoodless-brennan-daily-smallcap-newsflash-including-bglobal-rheochem-matica-supercart-and-others--12931.html

---

More |  View thread (3) |  Respond |  Login to Vote up

yep, I'd say that's a safe bet for 2010. There can't be many emerging companies with such great news flow with the new contracts month after month.

Only surprise is why there aren't hundreds of fairly meaningless appraisals (this one included) to see us in the hottest boards list.. top top share!

---

More |  View thread (3) |  Respond |  Login to Vote up

well, I have topped up this a.m., this share is going to hit its 70p target, lets hope sooner rather than later

---

More |  View thread (3) |  Respond |  Login to Vote up