Make your money go further for just 25p per day

AIM IHT

A smart investment proves its worth in a week of market drama

Smart Metering Systems technology

A transformational deal highlights the substantial value of this smart meter specialist


Smart Metering Systems (LON: SMS) installs and owns smart meters and data loggers which facilitate effective energy management. At the end of December it had installed 3.7 million meter and data assets with the roll-out of smart meters a key element to the UK achieving government targets for net carbon neutrality. 

With less than impeccable timing, SMS chose the worst day for stock markets since 1987 to announce the sale of a proportion of its Industrial and Commercial (I&C) meter asset portfolio for £291m.

The asset sale involves a large proportion (187,000 meters) of its I&C meter portfolio which has a net…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login

Fundamental Asset Management
Buy any of our portfolios with our associates.
 

FIND OUT MORE

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world

REGISTER FREE

Become a Champion Investor for just £90 a year.
 
 

START FREE TRIAL

More on Smart Metering Systems

Coronavirus impact: 26 March - balance sheets wobbles

26/03/2020 · Company Insights

Nearly every announcement from the corporate world seems to be accompanied by a reference to a…


Coronavirus impact: 24 March - lockdown

24/03/2020 · Company Insights

It's official (or not quite), Boris Johnson has put the UK as close to lockdown as…


More Company Insights

Coronavirus impact: 31 March - quality shines through from this stock market legend

Coronavirus impact: 30 March - a hint of resilience

Coronavirus impact: 27 March - a dividend is paid, for once