Yu Share Discussion Threads

[sparky333] 11/11/2020 12:45

I think all the weak got shaken out to get that 50k buy through last week.Moving nicely now on low volume, any hint of strong buying and we are off. Never looked so good for YU who is picking of the weak and also growing organically very well.No debt, cash rich and growing fast, best time ever to get in YU

[sparky333] 11/11/2020 12:28

Broker has 200p target

[bump3r] 11/11/2020 12:24

Be interesting to see once the bowl pattern (or cup n handle) gets to £1.25p

Some decent targets to aim for from a chart perspective

[frrinvest] 11/11/2020 10:31

Really complete no brainer this one. The Business, acquisitions, increasing revenues/profit margins, cash in hand, efficiencies implemented. Should really be trading at multiple of current share price right now. A screaming buy imho.

[sparky333] 10/11/2020 12:53

Hmm interesting liquid check trades

[sparky333] 10/11/2020 11:27

Been quiet for a few weeks now, all the stocks flying are the ones dead as dodo'sOh we have a vaccine, cool things will not be normal for another 12 months, so how does that help the stocks flying ?They will all be back down next week especially the ones burdened with debt.Why the hell has Mtro gone up nearly 100% in 24hrs, really ? Nothing has actually changed

[pictureframe] 10/11/2020 10:19

Markets flying...except this.

[sparky333] 10/11/2020 03:59

So each customer is average 7.5k turnover of margin is 8 to 10%What the issue as immediately profitable as stated in the RNS

[sparky333] 10/11/2020 03:57

Indeed and I wonder what other deals are in the pipeline ? 2021 onwards could be very good indeed.

[deanowls] 10/11/2020 03:49

They say the 300 turned over 3m for 200k, if they get a benefit of 8% on their wholesale price it is covered first year. And they do say it is cash positive.

[sparky333] 09/11/2020 10:20

Nice 3 x 10k buys

[sparky333] 09/11/2020 08:28

More to comeWe see a number of further opportunities in the market, and combined with our continued significant organic growth, are excited by the future."

[sparky333] 09/11/2020 07:44

Sweet deal and more to follow

[frrinvest] 09/11/2020 07:10

Paid 200K for a 3 million revenue. Not bad at all.

More acquisitions in the pipeline. They still have plenty of cash left. Is this the cheapest share on AIM?

Surely the share price should be much much higher.

[frrinvest] 09/11/2020 07:04

Yu Group PLC Acquisition of B2B Customer Book
09/11/2020 7:00am
UK Regulatory (RNS & others)

Yu (LSE:YU.)
Intraday Stock Chart

Monday 9 November 2020

Click Here for more Yu Charts.
TIDMYU.

RNS Number : 5913E

Yu Group PLC

09 November 2020

9 November 2020

Yü Group PLC

("Yü Group" or the "Group")

Acquisition of B2B Customer Book

Yü Group PLC, the independent supplier of gas, electricity and water to the UK business sector is delighted to announce the acquisition of the business customer book of a Midlands-based energy group.

Transaction highlights

-- The acquisition will add c400 meter points to Yü Group's current meter portfolio of c14,000.

-- The Board expects the acquisition to be earnings enhancing from mid-November 2020.
-- The customer book consists of gas contracts to small and medium sized businesses across Great Britain.

-- The Group will hedge the book based on lower gas commodity markets, leading to attractive margins.

Information on the assets acquired

The customer book has been acquired from a Midlands-based group, which is divesting its mains gas supply book to focus on its core activities. The customer book consists of gas contracts to a diverse customer base, operating within sectors including healthcare, manufacturing and retail.

The acquired business reported cGBP3m of unaudited revenue for the year ended 31 March 2020.

Strategic rationale

The customer book has already been integrated into the highly scalable Yü Group platform and will complement strong organic growth. With the customer book consisting of gas contracts there are clear opportunities for Yü Group to provide additional products and services including electricity and water. Further, Yü Group's ability to hedge commodity volume on lower forward commodity market prices will ensure the customer book delivers attractive margins.

Terms of the Acquisition

Yü Group will pay GBP0.2m in cash for the assets, which includes an element of consideration based on a discount to the customer receivables balance acquired, net of provision.

Bobby Kalar, Chief Executive of Yü Group, commented:

"We are delighted to be adding these additional customers to our highly scalable platform.

We have already successfully migrated the customers with the acquisition being imminently earnings enhancing with no noticeable additional cost to serve. Beyond this, there is further value we can provide our new customers with the additional products and services we offer.

Following the recent successful acquisition and seamless integration of Bristol Energy, this acquisition clearly demonstrates our abilities to strategically grow our business. We now have a proven template for deals to complement our accelerating organic portfolio. We see a number of further opportunities in the market, and combined with our continued significant organic growth, are excited by the future.

[frrinvest] 09/11/2020 07:02

Looks like a great RNS ...

[sparky333] 05/11/2020 15:45

Nice 50k buy

[sparky333] 22/10/2020 09:19

On 2 October 2020, the Authority published its notice of proposal to issue a final order on MA Energy Limited in accordance with Section 25(1) of the Electricity Act 1989.The particular behaviour of concern giving rise to the proposed FO is that MA Energy Limited failed to meet its Renewables Obligations (RO), by failing to produce Renewables Obligation Certificates (ROC) to the Authority by 1 September 2020, or to make payments as an alternative by 31 August 2020, sufficient to discharge its RO. MA Energy Limited subsequently failed to provide robust assurance that it could and would be in a position to make the necessary payment, including applicable interest, by the late payment deadline of 31 October 2020.The draft final order requires MA Energy Limited to make a payment to the Authority in full settlement of its Renewables Obligations for the obligation period of 1 April 2019 to 31 March 2020, including interest on or before 31 October 2020.

[sparky333] 22/10/2020 09:18

Watch for MA energy folding and YU jumping in.OFGEM final notice issued. They are business supply only based around London They owe 1.3m in ROC and have until 30th Oct along with 6 other suppliers

[pictureframe] 22/10/2020 08:38

Down again....will wait for 70p before adding. Seems some support there.