Comverge, Inc. (NASDAQ:COMV)

Good reports, way more upside than downside

Have been watching this stock die for the past five years. Believe it's still on the downward trend. Finally sold all of my stock. My biggest loser to date.

Another company promoting energy efficiency, great growth potential, currently way under-valued.

Green energy.
5% insider ownership.
36m cash/22m LT debt.
P/S=0.6 compared to 1.5 of ENOC.

Guaranteed revenue from govt regulations. Energy conservation play. Only 1 major competitor ENOC.
Very favorable price to pick it up at while alternative stocks are out of style

Energy needs keep growing, and with supply of fuel sources being finite, innovative solutions to our energy problems will be necessary. Comverge is in an excellent position to reap the benefits of this.

Could rock from these levels.

low price growth

As the US and other countries modernize their power grids, demand response technology will be an important part of the upgrade. Comverge can expect to benefit from the upsurge in spending for years to come.

Play on the energy efficiency trends. Small company with a working product to improve energy grid efficiency. They have quiet large client network and good product line. They should benefit from the stimulus program for the smart electrical grids over next couple of years. They are small enough to benefit hugely if successful at new contract bidding.

Smart grid equipment.

On September 15, 2009 at 11:00 PM, ipfmanager (99.37) wrote:

COMV- Comverge. Ever wanted to sell energy back to your electric company? Stick with COMV! This the only consumer based smart grid idea that I could see working since no matter what type of alt energy becomes popular- you will need COMV. Better yet, they even have a technology that actually works at this moment in time unlike most smart grid companies. Although COMV needs to become profitable for you to have equity in 5 years, it is a new company with ridiculous potential. And they are coming closer to profit....I could see their products becoming a standard in many hippe (CA) areas
Reuters:

Comverge, Inc. is a clean energy company providing demand management solutions in the form of peaking and base load capacity to electric utilities, grid operators and associated electricity markets. The Company operates in three segments: the Utility Products & Services segment, the Residential Business segment and the Commercial & Industrial Business segment. The Utility Products & Services segment sells hardware, software and installation services to utilities that elect to own and operate demand management networks for their own benefit. The Residential Business segment sells electric capacity to utilities under long-term contracts, either through demand response or energy efficiency. The Residential Business segment also provides marketing services on an outsourced basis. The Commercial & Industrial Business segment provides demand response and energy management services to commercial and industrial customers.

winslow has a proven record with his mutual funds.

Tm Healy, ENERNOC Chairman's Annual shareholder letter makes interesting reading. It gives a very good idea where the demand response industry is headed in the next decade.
"The easiest way to describe the smart grid is to compare the smart grid to the internet. The internet can be described as having two layers: an infrastructure layer and an application layer. The infrastructure layer consists of routers, switches, servers etc. The application layer overrides the infrastructure to unlock the value of the internet for its users. ( think Amazon, eBay, Salesforce.com )
Similarly the smart grid will have the infrastructure layer and the application layer, comprising a range of technologies, including advanced transmission and distribution hardware, advanced metering infrastructure, and perhaps altogether new networks and protocols. The infrastructure itself, however, will not be inherently intelligent - it only has the potential to be. The grid will become "smart" when the technological capabilities of the infrastructure and the data it generates are leveraged to create new applications that increase energy productivity.
Just as the internet infrastructure improved to allow for more robust data and content delivery, new application providers emerged, but the early leaders that invested in their application grew their oganizations to become some of the economy's largest and most respected household names. We believe that smart grid is poised to experience the same cycle of innovation "

General Electric having a stake in Comverge and insiders buying, this is a 10 bagger or more.

smart grid. looks good

obama has clearly stated his infrastructure build out plan and an improved energy grid is a large part of that. comverge, though a small company, has a product that enables different devices to communicate and make the grid run more smoothly.

Struggling.

Way oversold. Leading company in emerging industry which is largely meeting targets though profits as yet elusive. Questions about the quality of the management team, but at this price its worth the gamble.

At this price It is a good time to step in. Just a gut feeling. No numerical research behind this.