Yu Share Discussion Threads

[sparky333] 10/7/2021 21:37

Actually he was a holder and sold on the big rise from 120p to 380p He sold at the pull back to 180p and been trying to manipulate the share price back down to that level ever since.

[daveboy19] 10/7/2021 20:37

Very strange chap - claims he's been in since 50p odd, but is beckoning it down. Oh yes, and I'm an idiot.

[sparky333] 10/7/2021 18:34

Indeed Ammu £2 is a MC of £32m Ridiculous share price when Rivals are considerably higher Good energy is similar in revenue size but has £38m of debt yet valued at £50m Hmm doesn't add up as YU have no debt yet turnover is similar

[ammu12] 10/7/2021 17:55

Let's see. Reckon price will drift down for next week and will be closer to 200p

[sparky333] 10/7/2021 14:46

Just for YU Ammu as your a lazy investor Analysing profitabilityGross margin for the year was 7.6%, up from 4.9% in 2019 despite the 1.5% impact of Covid-19 during 2020. Gross margin for H2 2020 was 9.1% (H1 2020: 5.7%, 2019: 4.9%), showing significant improvement.So margins for 2021 will probably be higher than 9.1% Remember overheads 6.2 and targeted to be below 6% even with the expansion So that leaves between 3 and 4% on £140m I am sure you can work out the rest

[sparky333] 10/7/2021 14:42

It's all in the annual report.This update blew me away and I am an ultra bill never expected those numbers especially the £65m revenue and over £18m in new booking for June.Cannot wait for the proper FY figures and I also expect a nice first half profit even after paying for the Leicester offices. As well as a couple of bolt on acquisitions.Did I mention no debt ? Lol

[sparky333] 10/7/2021 14:37

Progress in 2020» Legacy, low margin contracts now washed through and replaced by higher margin contracts» Net customer contribution1 increased further, to 6.1% in FY 2020, and was 6.3% in H2 2020 (from -0.4% in FY 2018 and 2.5% in FY 2019)» General overheads reduced from 6.3% in FY 2019 to 6.2% in FY 2020» Significant cash held, with £11.7m available at 31 December 2020» 99% bill to cash ratio, suggesting limited exposure to bad debt despite Covid-All moved significantly in the right direction

[sparky333] 10/7/2021 14:34

Sorry I was wrong Priorities in 2021» Increase in net customer contribution, to target >7%» Maintain cash collection from customer receivables» Put in place efficiencies to reduce overheads from the6.2% of revenues in 2020 over the medium term» Optimise capital structure of the Group, to reduce costof capital and invest surplus cash in strategic investmentsSo overhead will be under 6 in 2021 Leaving net margin of 4 to 5%

[sparky333] 10/7/2021 14:31

Why don't you read the reports ?

[iamhappy1] 10/7/2021 13:27

Possible that the amazing June numbers haven’t even peaked yet as we run through July would give the Bod options to give a further update when they announce the Notice of interim results date at the end of the month.

[divine1] 10/7/2021 13:01

Always amusing here after a trading update..... posts 6192, 6116, 6110 made me smile

[ammu12] 10/7/2021 11:59

Margins are closer to 9%? Where does that says ? Also with overhead at 7% you are left with 1%....without any bad debts. Mcap is low for a reason. The risk is still high. Unless the difference between margin and overhead is closer to 4% this is still a very risky investment!!

[sparky333] 10/7/2021 11:54

Also we are about to enter a high inflation period, this means interest rates rising rapidly to halt inflation.So Debt becomes a poison chalice and companies get weighted down in debt repayment at interest rates massively above the pitiful level it is now.In the 80s interest rates hit 15% yes 15%, that is serious monthly payments.So never invest in massively in debt companies and oh did I mention YU a have no debt.

[sparky333] 10/7/2021 11:45

I always said 2021 was YU's year and it would have been if not for COVID it has set back plans by a year.They weather the storm and actually come out of it very powerfully and this isn't reflected by investors.People will rune the day they missed YU group when over £10 a share again. Unless of course someone snaps up the predator before hand and a I expect a few in the sector are looking at YU with envy. The key is BK and any offer would have to pretty good for him to sell his baby nowhere at this level so actually him holding so many shares is a blessing and a curse. Would be nice if he offload to below 30% to a couple of IIs as I expect we will soon be on the radar of the IIs especially if the dividend come backs and the MC races to over £100m

[sparky333] 10/7/2021 11:39

I would also add NO DEBT to finance Unless of course they are very bold and go for a challenger of similar size or larger and raise cash to do this. Or could do it another way and do and cash and paper deal So similar or larger I would expect the likes of smartest Energy ie turnover similar to YU over £100m Now you see very quickly turnover could sky rocket towards £500m will a few canny bolt on companies.But the overheads would only marginally increase per annum and they have the sack up capacity with the Leicester office all bought and paid for, no finance but fully owned. It would just need a more customer service and back office staff as the core is already in place

[cocker] 10/7/2021 11:31

To try an answer your question about margins, it was mentioned 6.1% which inc bad debt. So obviously a bit higher and with limited costs to overheads for a while, T/O should add to the bottom line. My only real concern as I have said before is the provision of bad debt, YU has an impressive record as for now so long may it continue.

[ammu12] 10/7/2021 01:17

Not shorting it idiot. You've just shown your face now...I've been here since the share price was in the 50's....What we keep hearing about is the revenues and not margins....

[cocker] 09/7/2021 19:55

I very much doubt it as you would have to be insane to go short on this stock or any illiquid stock on aim come to think of that. Having said that whether he says the odd bad word or not, always good to hear both sides of the coin. Remember nothing is gained from a board with only one opinion and much can be learnt with an open mind.

[daveboy19] 09/7/2021 19:39

Obviously a shorter. Nothing positive to say and swears also. Quite revealing.

[sparky333] 09/7/2021 17:15

I think you will very surprised especially as they have also fully paid for the Leicester office. I also expect at least £80m revenue for H2 as a minimum as they alway far exceed H1 and with a couple of nice bolt ins could be £100m for H2 alone

[sparky333] 09/7/2021 17:11

Well we will find out in 3 weeks