Next Share Discussion Threads

[konradpuss] 15/10/2022 20:53

Porsche1924, I thought you lived in France, why concern yourself with a very decent company and a very clever CEO?

[wolfofhounslow] 15/10/2022 15:34

Results for the six months to 30 June 2022CONTINUED FINANCIAL AND OPERATIONAL OUTPERFORMANCEYü Group PLC (AIM; YU.), the independent supplier of gas, electricity and water to the UK corporate sector, and smart meter installation services, announces its unaudited half year results for the six months to 30 June 2022.Bobby Kalar, Chief Executive Officer, said :" We continue to reiterate our promise to keep delivering profitable growth and are confident this is set to continue.I'm very pleased to report another set of excellent results reflecting a strong and reliable performance. Remembering this is our fourth consecutive and consistent set of results I'm proud to confirm our key financial KPI's are performing well and have exceeded our forecasts following two recent upgrades. Revenue is up by 96%, cash in hand has increased 37%, average monthly booking have increased by 49% and EBITDA has jumped over 400% compared to H1 2021. Our strategy is working well and our strengthened and highly disciplined business driven by our joined up processes, people and platforms continues to deliver a seamless customer experience.Our digital transformation program is on course and several digital projects are now live and embedded into the business. We will see additional benefits of reduced operating costs, better efficiencies and greater predictability as we scale these digital channels.While I'm pleased with the recent government Energy Bills Relief Scheme announcement, pledging support for business customers with their increased energy costs, I fear businesses will feel the ongoing pressure of volatile wholesale commodity prices for some time. We will continue to work hard to help our customers manage these difficult market conditions.A GBP300m Mark to Market trading position gives me comfort our hedge book is very strong, in accordance with our hedging policy, and provides significant confidence in forward gross margin.The successful launch of Yü Smart is a game changer in terms of value chain ownership. As well as supplying energy to our business customers we have gained certification from the Retail Energy Code (REC) and approval from Elexon and Xoserve to operate as a Meter Equipment Manager (MEM) and Meter Installer (MI) for both gas and electricity customers, creating the opportunity to install and maintain SMETS2 meters. In addition, owning the asset, creating an annuity income, provides an exciting new value pool for the Group to benefit from. I look forward to updating the market as we rapidly scale this capability.We performed well in the pandemic; even better in 2021, despite challenges in the market; and we expect even better performance in the remainder of 2022 and beyond. I'm reassured our business continues to prosper and will use its strength and experience as an anchor for any further turbulence. As we continue to enjoy the fruits of our hard work, I look forward to delivering significant shareholder value in the near future.Finally, I would like to thank my wonderful team who continue to support the Board's target to achieve GBP500m revenue at over 4% EBITDA as soon as possible. "

[fuji99] 12/10/2022 13:22

In the midst of a recession, high inflation and high interest rates, retail will suffer and Curry's will be one of them. Soo whether it is curry with basmati or anything else, this not the sector to be in until the start of the summer next year.

[bouleversee] 10/10/2022 14:17

I wish there were moderators who deleted messages that were not relevant to the thread. I am not interested in Currt's. Stop wasting my time!!!!!

[blackhorse23] 10/10/2022 10:12

https://www.proactiveinvestors.co.uk/companies/news/970955/currys-shares-are-valuing-its-market-leading-uk-business-at-zero-says-broker-970955.html

[gswredland] 29/9/2022 16:08

He keeps plugging CURY everywhere
Not interested

[bouleversee] 29/9/2022 16:06

What's that got to do with Nexdt?

[blackhorse23] 14/9/2022 23:59

https://www.google.com/amp/s/capital.com/amp/cury-currys-share-price-double

[blackhorse23] 07/8/2022 23:02

CURY (LSE) sale on guys https://www.google.com/amp/s/www.mirror.co.uk/money/shopping-deals/currys-launch-clearance-deals-sale-27217151.amp

[thamestrader] 05/8/2022 13:59

I don't have any NXT, but I have a feeling I will before the day is out.

[rndm355] 04/8/2022 17:10

The best-managed retailer in the UK just keeps bringing us good news and wise thoughts:

[deanmatlazin] 04/8/2022 08:38

Should go back to £80/share by looking at trading statement!

[blackhorse23] 25/7/2022 10:57

Low volume

[gswredland] 27/5/2022 14:22

When does this go ex dividend please?

[bg23] 11/5/2022 08:52

Questor buy recommendation in today's DT

[m_kerr] 05/5/2022 17:30

their long term record of shareholder value is astounding IMV, especially when you take into account the challenges their business has faced in the past few years. since the peak before the credit crunch in 2007, they've almost tripled the share price and paid out 75% of the price in 2007 in cash.

the ftse 100 wouldn't be such a dog of an index if there were more wolfson's running the biggest companies.

[spob] 24/3/2022 12:20

very quiet here

final results out this morning

[indianspan] 12/1/2022 08:22

Special Dividend payment £1.60 shares will go Ex on 13/01/2022

[bouleversee] 06/1/2022 12:49

Thanks bg. So am I but don't reinvest divs. so far. Might do another top up.

[bg23] 06/1/2022 12:29

commentary regarding inflationary expectations on supply and sales seems to be the drag.

to be honest, I think its as much a read across from yesterdays poor US close/reaction to the FED minutes and shouldn't be seen as a reflection on the company.

that said, the markets the price and nothing I say or do is going to change it.

I'm a happy long term holder and equally happy to re-invest my dividend income

Best to all.

[bouleversee] 06/1/2022 12:23

I think Wolf was talking about the share price. I'd like to know the answer myself. I can't understand the stock market these days. Perhaps I should top up.

[jettyboy] 06/1/2022 08:47

Up by 22m to 822m

[aalli] 06/1/2022 08:26

Down on initial forecast.