Is there anyone else out there following Energetix?

Just to give a quick snapshot of the company for anyone who might be interested: egx has three businesses that have developed alternative energy technologies.

- Genlec (www.genlec.com) has developed a microCHP appliance for distributed generation in the home
- Pnu Power (www.pnu-power.com) offers compressed air battery systems as an alternative to conventional batteries
- VPhase (www.vphase.co.uk) offers a voltage optimisation technology to enhance energy efficiency in the home. I should also mention that VPhase is actually an associate company; egx holds a 43% stake in them.

At present egx has a market cap of 16m. The companys stake in VPhase amounts to about 8m, so that means Genlec & Pnu Power together are only being valued at 8m. In my opinion this seems absurdly low, as the company has done most of the hard work of product development and is now ready to embark on the commercialisation phase. Its worth mentioning that the only analyst covering the company (Steven Fawkes of Matrix) has given a target price of 135p, which is more than a quid above the current share price.

In any case it would be great to hear from anyone who also holds/follows/likes/dislikes the company.

Could be a big year for Energetix, with the roll out of its combined heat and power (microCHP) boilers across the North-West of the UK. The £42.9million cap's flow trading brand will temp customers by offering a free microCHP boiler if they sign a five year dual-fuel contract. With 1.5 million boilers replaced each year, this is a compelling pitch to cash-strapped Brits given the £1000 -plus cost of buying a new unit and promised savings of up to £220 a yearv on current energy bills. The Chester company sees 15,000 by the end of 2013, rising to 90,000 in 2014 and around 200,000 by the end of 2015. Shares could hit 50p in the next twelve months.

50p hope so dreamcatcher just loads of sells all the time, nice base since july.