Goldman Small Cap Research Issues Research Update On Premier Holding Corporation
BALTIMORE, July 8, 2014 /PRNewswire/ -- Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, announced today that it has released a new research update on Premier Holding Corporation (OTCQB: PRHL). Operating in the $500 billion+ deregulated energy industry sector, Premier Holding Corporation is set to become one of the few vertically integrated energy service providers.
Premier Holding Corporation is the parent company of two operating subsidiaries: The Power Company LLC ("TPC") and Energy Efficiency Experts ("E3"). The Company owns an 80% interest in TPC, an energy broker and reseller of commercial and residential accounts operating in deregulated states in the U.S. TPC resells power from multiple suppliers in order to offer a one-stop shopping model and the Company's positioning has resulted in over 1,500 commercial accounts and over 40,000 residential accounts sold by TPC. Renewals for these accounts are very high and the combination of the sales contribution derived from these renewals and new business serves as a major driver of future revenue. E3 is an energy integrator of products and services.
In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.
"As Premier's proposed third subsidiary edges closer to serving as a federally licensed energy supplier via acquisition or merger, it has become clear that such an event will be transformative for the Company, and would drive exponential revenue and profit growth. Management recently outlined parameters and metrics for its financials once a transaction is executed, and the figures are substantial. These pro formas demonstrate revenue could grow from an estimated $50+M in 2015 to over $500M in 2018. In this scenario, we believe PRHL could generate over $60M in EBITDA in 2017, once a supplier is operational this year."
"The reason for the huge rise is that as a supplier through its new subsidiary, Premier could book customers' entire energy supply bill instead of just the commission earned. The entire supply bill likely ranges 8-12 times more than the current, commission-based revenue. In addition, PRHL could gain the difference between the wholesale and retail cost of energy driving net profit 2-3x higher than under the current structure. Once the supplier is operational, the stock is likely to be revalued higher as PRHL is classified in a high-growth, high profit segment of the utilities category, the top performing sector of the year."
This press release contains excerpts of our most recently published sponsored research report on Premier Holding Corporation. In May of 2014, Goldman Small Cap Research was compensated a total of $3750 for a research subscription services by a third party. To view the sponsored research report, update, disclosures and disclaimers, or to download the report in its entirety, please visit www.goldmanresearch.com.
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
A Goldman Small Cap Research report, update, newsletter, or article is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit www.goldmanresearch.com.
About Premier Holding Company
The company is the parent company of its two current subsidiaries "The Power Company LLC" ("TPC") and Energy Efficiency Experts ("E3"). Premier Holding Corporation plans to acquire additional companies as subsidiaries to provide financial support and management expertise, which includes access to capital, financing, legal, insurance, mergers, acquisitions, joint ventures and management strategies. The Company's mission is to acquire companies in energy deregulation, clean technology companies and/or green products and services that are accretive and that can be seamlessly integrated and utilize the overall economics of such products and services for the benefit of its customers. Through subsidiaries we offer renewable energy production, energy efficiency products and services to commercial middle-market companies, Fortune 500 brands, developers and management companies of large-scale residential developments. Additional integrated business offerings include direct energy services as power purchase agreements (PPAs), energy financing and leasing of generation programs in urban and rural real estate environments, lighting efficiency systems and refrigeration systems.
For more information visit PRHL Investors Relations: www.prhlcorp.com.
Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100
[email protected]
SOURCE Goldman Small Cap Research
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