Funny when you look at numbers GOOD interims, profit down 78%, turnover hammered and down 50% YU complete polar opposite and we get sold off. o Reported profit before tax of £4.4m, 78% of 2023 FY profit (2023 H1: £13.1m and FY 2023: £5.7m)o Revenues of £97.4m (2023 H1: £156.1m and FY 2023: £254.7m). Revenues are directly linked to externally driven commodity costs. In H1 2024 both revenue and costs of sales reduced replicating the reductions in wholesale costs seen since the start of 2023.o Reported gross profit decreased 28% to £23.6m (2023 H1: £32.7m). Gross margin increased to 24.3% (2023 H1: 20.9%). |
One company going in the complete opposite direction to the other |
GOOD interims Profits down 78% Revenue down 50% And just sold on a historical PE of 30 Hmm spin it how you like DD I stick to facts o Reported profit before tax of £4.4m, 78% of 2023 FY profit (2023 H1: £13.1m and FY 2023: £5.7m)o Revenues of £97.4m (2023 H1: £156.1m and FY 2023: £254.7m). Revenues are directly linked to externally driven commodity costs. In H1 2024 both revenue and costs of sales reduced replicating the reductions in wholesale costs seen since the start of 2023.o Reported gross profit decreased 28% to £23.6m (2023 H1: £32.7m). Gross margin increased to 24.3% (2023 H1: 20.9%). |
Facts please YU have 2 offices One is owned by YU the other as you say BKhttps://www.vision-projects.co.uk/case-studies/yu-energy-leicester/Why distort the truth all the time |
The bid for Good Energy is equivalent to a FY25 PE of 11x, but only 2.5x their NTAV.In contrast YU's price to NTAV is 5.6x. They have few assets, even their HQ is owned by BK (who receives a very nice income from lease payments). |
Opened 1635!, they moved my SB though those robbing so and so'sNice to see folks at GOOD getting a decent premium. |
I have never been fan of GOOD but sad to see another UK companies get sold off.It's like a turkey shoot on UK PLC these days Well done UK investors another one bites the dust |
Wow GOOD snapped up on a PE of 26 And yet we languish on a PE of 8 and the only supplier to show material double digit growth Just incredible |
Jeez 100m for GOOD Energy.What our MC again ? |
Looks even stronger when presented with such impartiality, because they have no spread bet running. |
https://www.investments.halifax.co.uk/research-centre/news-centre/article/?id=18606008&type=bsm |
Another one of it's self upticks, no doubt.
I've got a tennis racquet in the garden that is not as warped. |
Open 1635 Monday is my guess. See if a SB will gain a few pipsHave a good weekend chaps :) |
7 posts since 2016 could it be...no surely not! |
22 Mar 2022 - 13:07:29 - 8607 of 9038 CENTRICA - CNA
Post 3573 / 3575
Post 3575 posted by DD45 is EXACTLY the same as post 3573 posted by Diggerdog1 and then quickly replaced by whoops. No wonder youââââââââââââââ218;¬Å¡¬Å¡¬Å¡¬Å¡¬Å¡¬Å¡¬âââââââââââââR18;¬Å¡¬Å¡¬Å¡¬Å¡¬Å¡¬Å¾¢ve pretended to filter me..... how embarrassing DD45. |
Every post gets 3 thumbs up (disco, munchkin & ricky46), 46, lol.
That's probably the most pathetic, but it's a close run thing. |
I've managed to get 2000 more than planned so well happy come divi time(s).
Cheers traders. |
Eventually the share price will reflect the true value of the company . It s only a matter of time. The market is giving shareholders time to accumulate cheap shares in a brilliant , cash generative business… |
I see that Disco is having to use one of his other logins to try to answer a point I made earlier (because of course I am filtered).
Not sure what is more pathetic. Disco using multiple log ins or dredging up nres over 6 yrars old. 😁😁😁 |
Looks like it will gap down on open Monday after that UT today.Perhaps some momentum will return at some point, either direction not fussed (sorry holders but one has to earn a living some how) |
 Diohohku 23 Jan '25 - 21:03 - 17116 of 17124
0.010000 4 0
Disco I will be watching if history repeats itself....
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Equal shares 24 Jan '25 - 12:27 - 8715 of 8720
0 2 0
He is also pretty ignorant with very little knowledge of accounting ....
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mEE too
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UK energy supplier Yu Group shares plunge 80 per cent as it warns profits will vanish on bad debt and accounting concerns
October 24, 2018 by Michal Jarosz Business Utilities NewsEnergy NewsNewsUtility Companies
Shares in gas and electricity provider Yu Group collapsed today, plunging by as much as 80 per cent in early morning trading after a profit warning.
The energy supplier to the UK’s corporate sector told investors that profits would fall by £10m, leading to a loss for this financial year.
Shares fell from 580p at yesterday’s close to 117p in early morning trading.
The company found several areas of “significant concern” that will hit its bottom line, including problems in how it recognises historic accrued income, higher levels of trade debt that cannot be paid back to Yu Group, and a squeeze in market conditions.
Chief executive Bobby Kalar said: “As founder and majority shareholder, nobody is more disappointed in this development than me.
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hOw dId tht hAppEn? |
Good the more gone the better. |
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