Recent weakness in the SMS share price caused by uncertainty in the energy supply market is unwarranted and we see very limited downside risk for SMS. This presents a strong opportunity that should not be missed by investors in our view. On 13 September SMS announced strong interim results, a revised £420m RCF facility and a £175m equity raise. This revised capital structure, with internal cash generation, provides all the necessary funding for currently visible contracted growth, which will req ....
05 Oct 2021
Cenkos: Smart Metering Systems Plc -- Unique exposure to energy transition
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Cenkos: Smart Metering Systems Plc -- Unique exposure to energy transition
Smart Metering Systems PLC (SMS:LON) | 954 -28.6 (-0.3%) | Mkt Cap: 1,318m
- Published:
05 Oct 2021 -
Author:
Ian McInally -
Pages:
28
Recent weakness in the SMS share price caused by uncertainty in the energy supply market is unwarranted and we see very limited downside risk for SMS. This presents a strong opportunity that should not be missed by investors in our view. On 13 September SMS announced strong interim results, a revised £420m RCF facility and a £175m equity raise. This revised capital structure, with internal cash generation, provides all the necessary funding for currently visible contracted growth, which will req ....