Good Afternoon,
New Trade Alert: Premier Holding Corp. ( PRHL)
PRHL appears to present us with a near-term momentum trade opportunity after confirming a bullish near term uptrend.
Highlights:
- Recent close: 0.08
- PRHL has surpassed its 50 DMA of 0.061 -- this is a bullish sign and a strong catalyst.
- RSI is 57 – another bullish signal but also confirmation that there is significant upside opportunities available
- PRHL rallied from an open of 0.0498 on April 28 to reach a high of 0.0700. That rally produced one-day gains of up to 40%.
- PRHL has seen a strong uptick in daily volatility in recent trading.
Premier Holding Corp. Subsidiary, The Power Company, Reports Exceptional Commercial Client Retention
PRHL recently announced that its subsidiary, The Power Company (TPC), can report impressive client retention performance entering its 4th year since acquisition.
Sales of the company grew from 11,000 contracts sold at acquisition in early 2013, to an excess of nearly 200,000 residential contract equivalents today. With an exceptional renewal rate, The Power Company demonstrates that it maintains excellent client relations and outstanding service.
One high profile, marquee commercial client, for example, has been a customer entering their 4th year, where TPC secured renewal pricing for three manufacturing and commercial locations on the East Coast. Those three facilities achieved a combined savings of $209,921 per year or $639,763 in savings over the contract term of 36 months. This represents a rate reduction of 26.5% to 32%, depending on the location.
TPC's strength is in the cultivation of strong client relationships. By demonstrating that TPC sits on the same side of the table as its clients, TPC is able to develop close customer relationships, and continues to grow those relationships over a long period of time. By consistently proving its knowledge and expertise in the energy markets, TPC typically secures multi-year contracts with its customers. In addition to the cost savings by securing a fixed, all-inclusive rate for the customer, as importantly, TPC is protecting the customer from market fluctuations and price increases in the future.
About PRHL:
Under the corporate motto, "Everything Energy," Premier is an energy holding company focused on acquiring and integrating energy companies as synergistic subsidiaries. The Company accumulates residential and commercial clients in deregulated markets from all subsidiaries and cross sells energy and energy efficiency products and services including LED lighting, energy management systems, smart home technology, and more, maximizing profit potential and minimizing cost of client procurement.
[ 2015: +1418% In 81 Alerts ]
[ 2016: +170% In 19 Alerts ]
Happy Trading!
Hot Stock Profits Team
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