BIDENERGY (BID) Shares

ABOUT BIDENERGY

BidEnergy Limited is a company which offers a complete energy spend management solution that combines intelligent automation and industry expertise, in order to help multi-site businesses, minimize cost while maximizing their control over the complex energy spend category.

The company offers its services to a number of high-profile companies, including BP, Flight Centre and Cotton On, which utilize the company’s Energy Spend Management (ESM) platform to manage the entire energy spend life-cycle, including bill validation and payment, accruals, budgets, reporting, analytics and procurement.

OVERVIEW OF BIDENERGY

• Commercialized in 2013, BidEnergy has transformed the world of bill management with its robotic workforce, starting with just a handful of sites to a business that today manages more the 110 000 meters over 4 countries, with over US Dollar 1 billion of utility spend alone under management.

• The company operates a broad service portfolio, including energy and financial reporting, portfolio management and analytics, budgeting and accruals, procurement and contracts management, and bill validation and payments. The company uses Robotic Process Automation (RPA) in order to continuously verify all data sources to ensure highest levels of data integrity.

• This process is coupled with an integrated Energy Spend Management platform that manages the complete energy spend lifecycle, which is supported by a team of energy experts to deliver the best outcomes and the highest level of service.

• In addition to the company’s successful business model, which entails selling directly to clients, it has also rapidly expanded its client market coverage through engagement with facilities management providers, large energy retailers, and third-party sales channels. These arrangements have accelerated the company’s market coverage in its core markets of Australia, New Zealand, the UK, and the US. The company has also taken its solution deployment to new jurisdictions, including Singapore, Malaysia and Japan.

• The company has also diversified it spend management capability from its initial focus on electricity to include reticulated gas, bottled gas, water, sewerage, waste, rates and taxes. With a similar deregulated energy market to Australia, the UK is proving to be substantial opportunity for the company going forward. The company has also successfully leveraged its growing rebate business in the US to secure major multi-site clients, who successfully use the company’s utility spend management platform in the vast North American market.

VISION & VALUES OF BIDENERGY

• As a global operator, BidEnergy works to remain open and transparent with its stakeholders, while maintaining high ethics in the overall delivery of its functions.

• To this end, it ensures that its analytical procedures adhere to international governance standards, releasing regular reports which hold its governance structure accountable to its clients and shareholders.

MARKET PERFORMANCE OF BIDENERGY

• BidEnergy Limited trades on the Australian Securities Exchange (ASX), where investors can buy shares under the stock symbol –BID.

• Data from the company’s 2019 financial analysis shows total operating revenue grew to US Dollar 5.3 million, representing a 30% increase year on year. This growth was achieved primarily through its BidEnergy subscription fee revenue, up 53% to US Dollar 2.9 million.

• The company has made significant investments in its solutions for facilities management, energy brokers, and energy retailer portals. The company is well advanced for onboarding several channel opportunities that will make growing financial contributions in 2025. These growth drivers are set to continue its history of delivering a flourishing share price for investors with good long-term growth in dividends, securing a solid buy-in for investors who choose to purchase shares today.

Buy BIDENERGY stocks / shares – A Step by Step Guide how to Buy / Purchase BIDENERGY Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy BIDENERGY Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN BIDENERGY STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE BIDENERGY STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of BIDENERGY stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy BIDENERGY stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?