Yep and no mention of that anywhere else, either and the wash through.
What a surprise! |
The rate has is going 150p in the next couple of days 12 months ago was 55p lol |
Over £32m provision for bad debt in H1, That's over 10% of H1 revenue and what's their forecast net profit for FY24? Oh yeah it's £33.6m, and what will the year end bad debt provision be?, what do they quote can't remember!!!!!........2% |
Surprised indeed he ventures over to the bad debt - very desperate.
They have done nothing but improve that with the meters making it even tighter as they increase.
Some very peculiar people about, that's all I know. |
Another sad stalker :) |
In space no one can hear you scream Ridley Shot 1989 |
New record high on gas 133p March 23 was 146p once that is beaten we are back to 2022 since highs like that seen on gas. |
Indeed share price Angel state as much. Also worth noting following the misinformation next door Bad debt 2022 - 7.4%Bad debt H1 2023 - 4.1% Bad debt FY 2023 - 3.1% Bad debt FY 2024 - 1.8% forecast Anyone see the trend ? He is just angry because got slaughtered on war paint with an astronomical valuation v profit and turnover £420m after a 18% hair cut |
TradertrevIt truly was amazing what occurred after the accounting issues - they promised to immediately make a profit the following year, ooops a loss of nearly £5m. |
Yu evidently wrote a lot of contract business during the lull in energy prices around a year ago. They are working their way steadily through this. This looks like a milder version of when they had to work their way through all the mis-priced contracts resulting from the accounting issues of 6 years ago. What happened after that was truly amazing! |
Why are folks selling when this according to some will be worth £100 in the future?, even the spaniel has sold.FYI I'm going nowhere, waiting patiently and hopefully picking up pocket money as I wait :) |
Love stop losses! :) |
Seems to have triggered that fine fellow :) |
They hide how exactly their bad debt is going, their provision for bad debt was over £32m at H1, up over £7m compared to H1 FY23. Nice expense on P&L!.More customers the higher the provision. |
Yes, what a shame - decent guy from what I can make out :¬)
Few pippies gone back to Mr Market. |
I've still got a very yappy and sad stray dog following me everywhere, woof woof :) |
Warpaint was and still is on silly PE and 420m MC |
Next door neighbour just taken a hit over on Warpaint, oh what a shame! |
As posted previously looking like this will stay around this level until 18th March. |
Yep, it's funny as gas surges to new highs not seen since 2023.All new contracts or renewed contracts will be signifcantly higher 55p to 133p in 8 months and rising as euro and UK storage at record lows Sell away nut jobs |
Perhaps management need to look at Globaldata's share price this morning after announcing a move to the main market. Up 10% already |
Tradertrev"He believes strongly in the stability that the business gets from his majority holding"So someone knows exactly what BK believes!, really! What stability exactly? and I've never heard BK say anything like that. Then goes on to say investment bankers don't approve......sorry chap but that's the point...perceived stability by a poster or attract II's?, errrm think I know what I'd go for. |
I think he just wants to show how to build a great business and show up how bad all the other utility companies are. He believes strongly in the stability that the business gets from his majority holding. No one has to be concerned with an unsolicited bid and all the uncertainty that presents.
This doesn't make him very popular with the investment bankers but there you go! |
I hope so tradertrev,Is it BK not wanting the sell some shares and effectively he can veto any major decision ie bid approach as an example.I personally do not know but I do get his frustration but he may have to acknowledge maybe he is part of the problem in not wanting to hold a controlling stake ? Certainly an interesting one as everyone has an endgame, does BK ? If so what is it because a lot of people feel his 51% ownership is becoming a hindrance ? |
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