Utilitywise (AIM:UTW) Woodford remains committed and it’s certainly looking a bit more promising
With its 27% stake in the business Woodford Asset Management remains committed to the AIM quoted independent cost management consultancy which offered plenty of encouragement with its recent full results. The cash flow, though much improved, remains the big question mark and they have evidently struggled recruiting the desired ‘Consultants’. But, with the share price close to 3 year lows, now could be an interesting entry point….and you would have the kudos of buying a lot cheaper than Woody! Our latest Blog below goes over the latest results.
Utilitywise is a leading independent utility cost management consultancy offering energy procurement and energy management products and services to business customers throughout the UK. The Group has established trading relationships with a number of major UK and European energy suppliers and provides services to its business customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and lower carbon footprint.
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