Bglobal Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9258566
Darwen-based meter firm Bglobal back on rise

4:31pm Tuesday 31st January 2012



NEW jobs could be on the cards at smart meters firm Bglobal after plans for a mass roll-out of the energy reading devices were revived.

The Darwen-based business took a hit last year when its share price dropped in the wake of a government decision to delay the scheme until at least 2014.

Bosses were forced to shed 50 jobs to save £1.5million after revenues dropped from £12.46million to £10.43million following a reduction in the number of installations.

But now, the £11.7billion scheme has been revived and will see energy companies install smart meters in homes and businesses between 2014 and 2019.




Bglobal's chief executive Tim Jackson-Smith said: “Lumping these two sectors together has given the energy suppliers more time and has led to a slowdown in installation volumes.

“This was extremely frustrating and, as a result, Bglobal had to make a number of staff redundant and we have seen our share price come under pressure.”

He said the firm was now working with an 'experienced retailer' to establish a new energy supplier to enter the residential market.

He said: “This is an exciting time to be involved in this space.

"Rather than becoming beholden to the whim of government and exposing the business to the inevitable delays in the mass roll-out, Bglobal is currently working with an experienced retail player to establish a new energy supplier that will enter the residential market at scale.


“This will be a Smart from the Start proposition and the project brings together all aspects of the Group.

“Once this business starts Bglobal will need to increase its workforce in a number of areas in order to allow it to deliver products and services to the new energy supplier.”

A smart meter is a device that records gas and electricity consumption and sends figures direct to the supplier, without the need for meter readers.
http://www.lancashiretelegraph.co.uk/news/darwen/9503533.Darwen_based_meter_firm_Bglobal_back_on_rise/ By carillion ]]> http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9258566&action=detail Tue, 07 Feb 2012 13:36:00 GMT carillion tag:iii.co.uk,2003:tst.9246607
'A Daily Mail investigation has revealed how some small businesses are being charged 20p a day simply to have a smart meter'

So what.

Please tell me what they are charged for a dumb meter and for it to be read once per month (many businesses are billed monthly not quarterly). How on earth am I to determine if 20p/day is a lot of money in comparison. Yes customers pay for the dumb meter, yes they pay for it to be read. Customers pay for everything in every market except 2nd hand teeth where they get covered by the tooth fairy.

At a quick guess:
Meter Lease and Maintainance £20/annum
Manual Data Collection £4/read
DC/DA £12
This would equate to £0.219 per day.

I stand in awe at what the Daily Mail have discovered here!


Even the sub headline is quite funny:

"Millions of devices may be replaced, warns watchdog"

There are around 25million meters with a certified life span of 25 years (not quite true as a number only have a 10-year life span at the higher end of the market). The industry will likely replace 1 million meters anyway next year. That doesn't allow for any failed meters just those that reach the end of serviceable life.
By whimsical ]]> http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9246607&action=detail Fri, 03 Feb 2012 16:58:00 GMT whimsical tag:iii.co.uk,2003:tst.9246506
They typically use an EDMI meter that is manufactured in the Far East. EDMI are owned in Singapore with a technical division in Australia.

BGlobal Are MOp and DC/DA. (Meter Operator and Data Collector)

They install and maintain a meter asset as well as collecting the data (via GSM/GPRS rather than man in van) and sending to the supplier.

Other MOp and DC/DAs include (from memory rather than full list)
G4S
Invensys IMServ
Siemens
npower
EDF (MOp only)
Western Power Distribution (MOp only)
Stark (DC/DA only)
TMA (DC/DA only)

The majority of which have a smart offering.

By whimsical ]]> http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9246506&action=detail Fri, 03 Feb 2012 16:41:00 GMT whimsical tag:iii.co.uk,2003:tst.9221290
Refer to page 22 of todays Saturday Mail - bad meters - this is were Bglobal will step in with the best of British model - and lets face it anything made in Britain is efficient and works !!


The share price is recovering - I hope to buy in again shortly - I believe good UK manufacturing Companies will once again come to the fore - Bglobal is one of them as far as my limited knowledge allows.


XFS By xfsj76 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9221290&action=detail Sat, 28 Jan 2012 19:23:00 GMT xfsj76 tag:iii.co.uk,2003:tst.9219101 http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9219101&action=detail Fri, 27 Jan 2012 17:17:00 GMT Larry_the_Lock tag:iii.co.uk,2003:tst.9149715 http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9149715&action=detail Wed, 11 Jan 2012 18:09:00 GMT BADDOGREX3 tag:iii.co.uk,2003:tst.9147967
Oh no!!

- this was on should a good ride yesterday!! By h1gg1 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9147967&action=detail Wed, 11 Jan 2012 13:22:00 GMT h1gg1 tag:iii.co.uk,2003:tst.9147715 http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9147715&action=detail Wed, 11 Jan 2012 12:47:00 GMT Larry_the_Lock tag:iii.co.uk,2003:tst.9140990 What did I say folks , 2-3 bagger from 10p, well I hope we all made some cash, and if not good luck on the next one, tw going to break 40p by March imo, along with blinkx recovery on the way, good luck all !! By fandango7777777 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9140990&action=detail Tue, 10 Jan 2012 11:29:00 GMT fandango7777777 tag:iii.co.uk,2003:tst.9140133
As you point out clearly someone has some news/information.

Whim. By whimsical ]]> http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9140133&action=detail Tue, 10 Jan 2012 09:29:00 GMT whimsical tag:iii.co.uk,2003:tst.9136265 http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9136265&action=detail Mon, 09 Jan 2012 13:07:00 GMT xfsj76 tag:iii.co.uk,2003:tst.9136229
farmerdave By farmerdave ]]> http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9136229&action=detail Mon, 09 Jan 2012 12:59:00 GMT farmerdave tag:iii.co.uk,2003:tst.9103653
"As mentioned in our recent trading update, the Group is currently working with an experienced retail player to establish a new energy supplier that will enter the market at scale. I am pleased to report that we are making good progress in these discussions and I hope to be able to provide further details about this transaction early in the New Year. Our relationship with Samsung C&T is also valuable to this initiative as it will help to provide the new entrant with a fully funded solution for the installation of smart meters across its portfolio of customers. We are also continuing to move this initiative forward and again should be in a position to update shareholders on the structure and nature of this deal in the New Year."

By aguern ]]> http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9103653&action=detail Mon, 26 Dec 2011 13:14:00 GMT aguern tag:iii.co.uk,2003:tst.9100601 farmerdave By farmerdave ]]> http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9100601&action=detail Fri, 23 Dec 2011 10:22:00 GMT farmerdave tag:iii.co.uk,2003:tst.9099065 http://www.iii.co.uk/investment/detail?code=cotn:BGBL.L&display=discussion&id=9099065&action=detail Thu, 22 Dec 2011 19:26:00 GMT xfsj76