Yu Share Discussion Threads

[sparky333] 21/5/2020 08:23

Solid performance

[whiteshark1] 21/5/2020 07:52

Very quite on here nowadays, not quite got the following it used to have.

Today’s RNS pre AGM I think was as positive as it could be in light of current events - shows a strong management team who have a plan .

See how the AGM goes but I think the future is still very bright with YU. and they will be in a very strong position when this is all over .

[cocker] 21/5/2020 07:51

All things considered, one would have to assume a decent TU given the current situation. The lack of current bad debt is a massive plus, but as mentioned there is likely to be a bigger percentage down the line. Where are we now with the sp?, if we could all call predict that then we would be millionaires.

[sparky333] 04/5/2020 07:04

I see at the weekend Orgin Energy has just invested 300m in octopus energy for a 20% stake.Octopus has 1.5m domestic and 12000 SMEsSo octopus is worth 1.5b for 1.5m domestic clients and only 3000 more SME clients Very interesting development in the industry

[the millipede] 01/5/2020 19:08

Miton owned some of these, before the accounting issues came to light.

[sparky333] 01/5/2020 14:58

That is one of my questions for the AGM, II roadshows

[cocker] 01/5/2020 12:58

Buying back or consolidation of shares always looks to be good but seldom works. Especially given CEO owns more than 50% and that is what I believe is holding many institutions back.

[sparky333] 01/5/2020 07:13

Makes future dividends more valuable as well

[sparky333] 01/5/2020 07:12

Indeed, he is either finished, totally gone or still some to dispose off.As he is under 3% we will have no idea , but he went under 3% 3 weeks ago so my feeling he left last week as we have rallied a little this week. Yep agree a lot of people have liquidity problems and this is what causes turmoil as he needed out at any cost. Cost the poor soul a Sh it load.My interest is in resolution 9 at the AGM to get approval to buy back 1.6m shares.And why not when you could buy back 10% of the company for £1m and have 17m in the bank.

[cocker] 30/4/2020 20:55

JW went from under 3% to over 5% in October last year and for some reason has sold down below 3%, one would say at a huge loss. Bizarre to say the least, but strange times often mean some need to liquidise their positions at any costs.

[sparky333] 30/4/2020 08:41

Of course it will get approved.

[sparky333] 30/4/2020 08:40

Go to YU group website and in the annual report and the AGM sectionResolution 9 That, pursuant to section 701 of the Act, the Company be and is generally and unconditionally authorised to make market purchases (within the meaning of section 693(4) of the Act) of ordinary shares of £0.005 each in the capital of the Company, provided that: 9.1 the maximum aggregate number of ordinary shares which may be purchased is 1,628,105; 9.2 the minimum price (excluding expenses) which may be paid for an ordinary share is £0.005; and 9.3 the maximum price (excluding expenses) which may be paid for an ordinary share is an amount equal to 105 per cent. of the average of the middle market quotations for an ordinary share as derived from the Daily Official List of the London Stock Exchange plc for the five business days immediately preceding the day on which the purchase is made,

[ammu12] 30/4/2020 07:56

Do you think it will be approved ?Can you point me towards that resolution please...

[sparky333] 29/4/2020 07:40

AGM resolution looking to buy back 1.6m shares.Interesting

[sparky333] 28/4/2020 13:23

UK PLC opening up slowly, new energy offering to grab market share and seller looks to have finished as well as a big buyer lurking.Steal at this price when we have £17m in cash and no debt

[itsnotmeitsy0u] 28/4/2020 12:16

unable to buy any...

[sparky333] 27/4/2020 12:40

Hmm 56K buy at 64p

[sparky333] 27/4/2020 09:28

Nice RNS this morning in a grab for market share increase and why not.I think the seller finished Friday.

[whiteshark1] 26/4/2020 19:23

Lockdown will start to reverse in the next 3 weeks or so in my opinion but will be the rest of the year before we get close to normality.
I think we will see a load of business casualties which will undoubtedly hit Yu.
With the big selling going on , I’m expecting the MM’s to shake this quite hard in May.
Overall will present a buying opportunity and make this a great long term investment.

[sparky333] 26/4/2020 16:06

Lockdown starting the break for UK PLC.21st May AGM update will be interesting I ha e already submitted my questions.

[the millipede] 24/4/2020 12:19

That is my feeling too. Thanks.

[sparky333] 24/4/2020 12:05

Well that's 90k just today and yesterday.He only had 400k+ left on the 7th so nearly 3 weeks ago.He must be near the end now.

[the millipede] 24/4/2020 11:59

I agree the update was not designed to light a spark under the share price, but, to be honest, I thought it was decent enough and they were upfront about the risks.

But this already depressed share price is controlled by the seller, who seems to be still there in the background. Drip drip. Any thoughts on how long it might continue?