Yu Share Discussion Threads

[whatsthepoint] 17/12/2019 08:35

Should be way way higher given the news yesterday. And where this was before the accounting issues which have all been given the all clear. It was even double this after the FCA all clear so with this news should be over £3 easy

[ammu12] 17/12/2019 08:32

MMS dropped share price this morning to tempt sellers however flurry of buys now lol

[sparky333] 17/12/2019 08:18

Games this morning all the ones at 102 are buys only 1 sell.

[whatsthepoint] 17/12/2019 07:07

Write up in the daily mail Energy supplier Yu Group soared after announcing a deal which should allow it to free up more cash.The firm has previously had to keep cash aside to cover its hedging deals. These agreements involve Yu buying wholesale energy ahead of time to mitigate soaring energy prices in the future.But it has agreed a £13m credit facility with Smartest Energy to cover hedging, so it won't have to set aside the cash any more. Shares jumped 29.6pc, or 24p, to 105p.

[scantrader] 17/12/2019 02:49

The Millipede16 Dec '19 - 15:55 - 4040 of 4043

Fair enough
ATB

[hawkind] 16/12/2019 21:17

Those people normally don't make much money, if any

[the millipede] 16/12/2019 15:55

Scan, don't get me wrong. I agree there is substantial risk here and YU have a lot of work on to make this business profitable.

I also completely get any lack of trust among investors and I also think it will take time, especially with low margin business to work through their system.

YU might succeed or it might fail, which is why this is not a "no brainer" (truth is they never are). But for me this is a long term play at a very good entry price. I intend to let this ride for a few years and see where we end up.

ATB TM

[whatsthepoint] 16/12/2019 15:52

market makers need to get stock

they have been whinging today

[ammu12] 16/12/2019 15:49

It's all good....

[sparky333] 16/12/2019 15:46

Few profit takers sneeking in

[bobaxe1] 16/12/2019 15:22

These changes announced today make us more flexible as we expand. I can see more developments re expansion news/updates as we proceed. Exciting share to hold. Not you typical Aim company

[manc10] 16/12/2019 15:20

kaka 47 all you are doing is gaining a few losses soon be back down

[manc10] 16/12/2019 15:20

kaka 47 all you are doing is gaining a few losses soon be back down

[manc10] 16/12/2019 15:17

yu group 16th may 2018 1225p yu group today 115p its done well hammid the troll

[ammu12] 16/12/2019 15:15

Hence why it's not £10 however they are going in the right direction....

[scantrader] 16/12/2019 15:11

millipede - a company's balance sheet is far more important than any temporary cash position, and going forward there's the issue of likely margin sacrifice.

Good to see you not resort to the usual smears and libels of other posters though so good luck with your investments.

[whatsthepoint] 16/12/2019 14:48

New high coming for the day

[whatsthepoint] 16/12/2019 14:45

He's no journalist he's a trader who loves to write bad news and short of the back of it renowned for it

[ammu12] 16/12/2019 14:40

Best bits from rns:Robert Groves, SmartestEnergy's CEO commented: "SmartestEnergy is delighted to have entered into a wholesale trading partnership with Yü Energy, one of the fastest growing and most exciting challengers in the business energy supply market. After an extensive period of due diligence, we were impressed with the breadth of management team, the strategy in place to scale the business and the available opportunities for the business. Through this partnership, SmartestEnergy will support Yü Energy in managing the complex risks associated with volatile and challenging market conditions. We look forward to working together with the leadership team at Yü Energy as they continue to grow their business."

[the millipede] 16/12/2019 14:39

Because he is a financial journalist?

Anyway, I don't really care who has a short and who does not.

Happy holding.

[whatsthepoint] 16/12/2019 14:39

No1 on the riser board now with more to come

[ammu12] 16/12/2019 14:38

Best bits from rns:Following a detailed review of various market opportunities with major energy players, the Board is pleased to have concluded this new structured arrangement which represents a major new milestone in the Group's evolution