Yu Share Discussion Threads

[midus] 05/10/2020 17:14

Directors at the trough again. Nothing changes. I know a good insentive sack them if they dont turn a profit. Oh no we cant do that we would have no board of directors left.

[sparky333] 05/10/2020 16:12

Looks like we have an aggressive buyer miton topping up ?

[bump3r] 05/10/2020 12:29

Ofgem is to order seven energy suppliers to pay £34m in relation to outstanding payments related to two renewable energy projects.

Under the Governments’ renewable obligation schemes, suppliers have to demonstrate that they have sourced enough electricity from renewable sources to meet their obligation.

If suppliers had not met their obligation by the 1 September deadline, they were obliged to make up the shortfall by paying into a buy-out fund administered by Ofgem.

The seven suppliers that have so far failed to meet their obligations include: Co-Operative Energy, Flow Energy, MA Energy, Nabuh Energy, Robin Hood Energy, Symbio Energy and Tonik Energy.

While it said that twenty-four active suppliers missed the deadlines initially, 17 of these have either since paid the amount owed or given satisfactory assurances to Ofgem on meeting their obligations.

The remaining seven suppliers have now been given until 31 October to pay into the Ofgem fund or risk having their licence revoked.


Cathryn Scott, Ofgem’s Director of Enforcement and Emerging Issues, said: “The ‘Renewables Obligations’ and ‘Feed-in Tariff’ schemes provide important support for renewable generation, increasing the uptake of cleaner electricity and helping the country on its path to net-zero emissions.

“Supplier failure to comply with these schemes and make the payments due undermines the integrity of the schemes and is unacceptable. This enforcement action sends a strong signal that suppliers must meet their obligations.”

Separately, it said Robin Hood Energy and Tonik Energy owe £158,814.47 in Feed-in Tariff (Fit) levelisation payments.

The Fit scheme provides payments to owners of small-scale renewable generators, such as solar panels on homes, and is funded through levies on suppliers.

In January, Ofgem levied fines totalling £10.5m on three energy firms after a massive power outage in August 2019 left thousands of homes and businesses without electricity.

[tomboyb] 05/10/2020 11:49

Lets see if Yu. can break 100p again -

[sparky333] 05/10/2020 08:29

Can sell for 89p now the two trades earlier look to have been buys

[sparky333] 05/10/2020 07:57

MB will have bought into these as achievable.Speaks volumes

[wooster4] 05/10/2020 07:51

That's some punchy price targets under the LTIP.

[sparky333] 03/10/2020 10:14

Ofgem orders seven energy suppliers to stump up £34m over renewable commitments and warns they could end up having their licences revokedCo opFlowMA energyNabuh energyRobin HoodSymbioTonikSo which one is YU eyeing up, also I thought Robin hood was sold to British Gas.My money is on MA energy who are an SME supplier

[sparky333] 02/10/2020 08:44

More buys than sells and down 8% wtf does trump having COVID goto do with a minnow energy supplier lol

[sparky333] 02/10/2020 08:32

Bloody hell down again, can't make this stuff up

[bobaxe1] 01/10/2020 20:05

Ok good update, could have easily taken 20 percent from my last top up. But letting it run. Will buy on any weakness, happy lth gla

[ammu12] 01/10/2020 15:57

Hah sorry sparky. Just one of the harsh lessons learnt to book some profits however down on my trade on boohoo lol.Will be buying some here once things settle.

[ammu12] 01/10/2020 15:56

Don't think so.Some are buys.

[cocker] 01/10/2020 15:51

If as reported today's trades are all sales, then the share price has held up pretty well really. I guess the corner has been turned and maybe a case of tuck away for 12 months and hope for the best. Maybe not a covid excitement share, but quite a safe bet in today's uncertain times.

[pictureframe] 01/10/2020 15:46

It's one of the shares that never holds a gain. Suspect next year will be different.

[sparky333] 01/10/2020 14:07

Crazy today and sellers hoping for normal YU pull back and they seem to be forcing it.AMMU your fault.I so YU mess them up an announce a deal tomorrow. In 3 months YU expect to have cica 17000meter points up from the current 14000.That's a 25% increase and nearly 100% over the start of the year.And people are selling ?

[pictureframe] 01/10/2020 08:32

Will we get a little pullback ?

[frrinvest] 01/10/2020 08:30

So few shares in free float. Won't take much to take this to £2+

Doens't the CEO alone hold c50% of shares?

[frrinvest] 30/9/2020 21:31

Thanks Sparky33. A good article which makes it clear they are on the path of more acquisitions without breaking a wind. YU. market cap is massively undervalued and I see this changing in the short to medium term. I am a buyer, DYOR!

[sparky333] 30/9/2020 20:16

https://theenergyst.com/after-bristol-energy-yu-ceo-eyes-more-buys/

[ammu12] 30/9/2020 16:28

I have more.I have some for trading which I tend to trade just to keep me excited.

[sparky333] 30/9/2020 16:25

I hope you don't miss the boat Ammu with the new broker and PR machine YU have upped it game with investors and also another Acquisition looks to be close.SP Angel report also mentions this

[ammu12] 30/9/2020 16:16

Check out the time.The morning one 31k was a sell (mine).Afternoon one I am not sure about.