Good Energy Share Discussion Threads

[cocker] 14/2/2024 13:20

Anyone with an ounce of savy can see DD using multiple user names to give himself some street cred, well in the eyes of most a complete moron!

[smokeyjohnson] 14/2/2024 12:28

Of all the companies on the market you cross post about and warn others about it's YU? Hmmm fishy. Seems to be doing OK. Cash, Growth prospects, No or minimal debt. Compare that to most other AIM and even main market companies.

Anyway this is GOOD isn't it.

[disc0dave46] 14/2/2024 10:55

Would stay clear of YU, all IMVHO.

[disc0dave46] 14/2/2024 10:54

General market bounce on the back of UK inflation data and off its support. Wouldn't say trend / tide is turning IMO.

[3ootuk] 14/2/2024 10:52

Metrics will eventually out.
No doubt a tip sheet will pick up on this and YU, and both will go back up.

[pshevlin] 14/2/2024 09:20

Tide turning here.

[disc0dave46] 13/2/2024 17:05

Closed on support so what will tomorrow bring.

[disc0dave46] 13/2/2024 16:43

NT likely sold ages ago when target hit. If he didn't through greed he'll probably still say he took a profit.

[disc0dave46] 13/2/2024 16:20

UK Inflation tomorrow could get this down to 220.

[johndoe23] 13/2/2024 16:14

We may find out Thursday!

[basem1] 13/2/2024 16:10

Oh ok thanks Just warning the longs He does not update his website as much as he used too

[disc0dave46] 13/2/2024 16:10

There she goes!Just for the YU gang :)

[johndoe23] 13/2/2024 16:09

Base, he would have been out aged ago. He uses trailing stops, so expect them to have been mostly at 320p plus

[basem1] 13/2/2024 16:08

Getting close to Naked Traders stops now Could be brutal if his flock follow him out

[disc0dave46] 13/2/2024 14:59

240 is SMA200, if that goes next is 220, IMO.

[disc0dave46] 13/2/2024 14:06

The CEO only holds 0.06%, the purchase today doesn't even register. I make that he's now got about 12k shares, the JPS directors have now got collectively 480k.Suppose why should the CEO buy when the BoD keep handing out share options - NP has 460k at some discount, so why dig your hand in your pocket!.Just posting up facts.

[disc0dave46] 13/2/2024 12:07

So they bought Igloo for £1.75m on the back of increasing heat pump sales and installations.For the financial year ended 31 March 2022, Igloo reported sales of GBP1.0 million and a net loss of GBP1.2m. Gross assets as at 31 March 2022 were GBP0.9m.And from April 2022 to Dec 2022 loss was £1.7m (works out at c £212k/month). Any ideas what its numbers are like now? can't see any mention at all in their interims just that they will be throwing a lot of investment at this. Going on the past it could be generating a loss of c £2m this FY, along with Zapmap annualising at £2.2m doesn't demonstrate at the moment their acquisitions are generating earnings - early days I suppose.

[pshevlin] 13/2/2024 11:52

It will have to be kept in some form unless they completely ditch targets. If I was living in East Anglia anywhere near the coast I would be getting a bit concerned.

[allstar4eva] 13/2/2024 11:03

13.75m is the maximum if performance targets met. 6.75. So they have actually paid 6.75m.

[smokeyjohnson] 13/2/2024 10:56

Can't find what the current director holdings are at GOOD or were the recent purchases their only ones?

[disc0dave46] 13/2/2024 10:54

Four directors are listed, with Richard Cromarty having in excess of 50% (but less than 75%) of the shares in JPS. Say he got £1m and the other three c £360k....a guess but gives a feel as to their cut of the £2.1m.To April 2023 the net book value was £517k, so £13.75m is steep (27x).....but the book value had nearly doubled from previous year.

[smokeyjohnson] 13/2/2024 10:33

But then why sell 2/3 of them?

Valuation does look appealing but depends on the view of cash, whether it is accessible to the business and what proportion is genuinely surplus.

[allstar4eva] 13/2/2024 09:58

Perhaps the company owners wanted a decent stake in the new business. They would never be able to buy that many shares in the open market. They did not get a good price for their business. Possibly on track to make 2m+ in yr to Apr 25 with over 100% profits growth this year (0.6m to 1.3m to Apr 24) sold for 13m. So perhaps the sellers of the business wanted shares - not cash.Whatever the reason the valuation remains appealing.