Yu Share Discussion Threads

[sparky333] 20/9/2021 18:44

Just to clarify This is how YU hedge Key line back to back contracts. Company signs up for 3 years YU back this off with smartest and buy at the current time for the contract duration. The biggest risk to YU is under and over usage 1. During C19 companies under used and YU sold back at a hedging loss 2. This time around if companies over use YU would need to top up but if they under use big win. This is YUs business and C19 was a shock no one anticipated a full lockdown for so long and 30% usage decline and they took a 1.8m hit.No way are YU that bad at estimating usage they will get smashed on over usage during this issue. Commodity and energy pricesThe Group uses commodity purchase contracts to manage its exposures to fluctuations in gas and electricity commodity prices. The Group's objective is to reduce risk from fluctuations in energy prices by entering into back to back energy contracts with its suppliers and customers, in accordance with a Board approved risk mandate. Commodity purchase contracts are entered into as part of the Group's normal business activities.The majority of commodity purchase contracts are expected to be delivered entirely to the Group's customers and are therefore classified as "own use" contracts. These instruments do not fall into the scope of IFRS 9 and therefore are not recognised in the financial statements. A proportion of the contracts in the Group's portfolio are expected to be settled net in cash where 100% of the volume hedged is not delivered to the Group's customers and is instead sold back via the commodity settlement process in order to smooth demand on a real time basis. An assumption is made based on past experience of the proportion of the portfolio expected to be settled in this way and these contracts are measured at fair value. The gain or loss on remeasurement to fair value is recognised immediately in profit or loss.As far as practical, in accordance with the risk mandate, the Group attempts to match new sales orders with corresponding commodity purchase contracts. There is a risk that at any point in time the Group is over or under-hedged. Holding an over or under-hedged position opens the Group up to market risk which may result in either a positive or negative impact on the Group's margin and cash flow, depending on the movement in commodity prices. The Group applies premia in its pricing of contracts to cover some market volatility.

[ammu12] 20/9/2021 15:43

No RNS yet.Hmmmmmmm

[sparky333] 20/9/2021 14:11

Lol BR done a runner, in a sick way this is actually fun, great for traders

[babbler] 20/9/2021 13:57

Ooooh another buy sign..BR is here.

[sparky333] 20/9/2021 12:40

Awesome tweets by CEO of Octopus this morning read if interested

[sparky333] 20/9/2021 12:13

Following this up and the current spotlight in the sector of YU has a material change in the company they have to legally inform the market. Other companies do, as private not listed No RNS it is being managed and they are not in the bad books like Bulb, Green energy etc So very wrong to assume no RNS is bad news, totally incorrect assumption

[sparky333] 20/9/2021 12:10

Ammu is all depends how much YU have hedged and when and usage v hedge Also how often do YU hedge, weekly, monthly , quarterly ? These are all unknowns But the fact of the matter is YU hedge so the impact and I agree there will be one de risked significantly As all new contracts will be hedged at the spot price at the time of the hedge.

[ammu12] 20/9/2021 11:59

But it will have an impact.You're deluded if you think there is no impact !!

[demark] 20/9/2021 11:55

Babbler,

it is a matter of
reassuring the market
via an RNS that the
crisis in the energy
market will have no
impact in YU.'s
business model!!!!!

[divine1] 20/9/2021 11:55

A portion of industry payments due in Aug were paid early question is how much 1% 10% 30%

Current cash could look low at end of Aug especially if there has been any impact at all from the wider industry problems.

[babbler] 20/9/2021 11:51

I know..... Right!

[mrscocker] 20/9/2021 11:48

Reports that say that something hasn't happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns—the ones we don't know we don't know. And if one looks through history it is the latter category that tends to be the difficult ones.

[demark] 20/9/2021 11:47

it is rather a shame
as YU. has never recovered
from the accounting scandal
back in 2018!

still making tons of money!!


56% held by the bods'
and 14% held by others,

30% of 16m shares in
circulation


SIGNIFICANT SHAREHOLDERS AND DIRECTORS HOLDINGS
Number of Ordinary Shares held Percentage of issued share capital
Bobby Kalar (CEO) 8,652,649 53.03%
Premier Miton Group 1,074,266 6.58%
Jamieson Principal 986,016 6.04%
Gary Pickering (DTS) 500,000 3.06%
Nick Parker 500,000 3.06%
Paul Rawson (CFO) 33,503 0.21%
John Glasgow (Non-exec Director) 18,411 0.11%
Tony Perkins (Non-exec Director) 15,000 0.09%

[sparky333] 20/9/2021 11:43

Does feel the need to as all good only has to RNS if a material change to the company.If no issues no need to RNS.Wrong if you ask me but the fact no RNS is actually a positive as no material change to the business or all good

[babbler] 20/9/2021 11:41

Because it wontFinancial and Operational review-- Significant revenue growth in H1, expected to increase by 41.6% on prior year, to approximately GBP65.0m (H1 2020: GBP45.9m), driven by strong organic growth from new bookings and increased customer demand.-- Average Monthly Bookings(1) of GBP9.7m for H1 2021, an increase of 56.5% vs. H1 2020, with June recording a record monthly booking of GBP18.4m.-- Positive adjusted EBITDA(2) expected for H1 2021, significantly improved from 2020 (H1 2020: GBP1.8m loss, H2 2020: GBP0.1m profit) as the Group delivers on its strategic objectives.-- Strong balance sheet with positive cash position at GBP11.5m, broadly flat during H1 2021 (31 Dec 2020: GBP11.7m) despite investment in new Leicester office, funded from Group cash, and early payment of a portion of industry liabilities otherwise due in H2 2021.-- Launch of new sales and innovation office, coupled with investment in digital technology, expected to enhance organic growth and EBITDA returns from FY 2022

[demark] 20/9/2021 11:35

surprised the bods' have
not said anything yet about
how the imbalance in energy
market might impact YU.!!!

[sparky333] 20/9/2021 11:24

Certainly not boring today, and I will state again If a material change in the company they have to RNS if all good no need.I personally would like to see something as this would rocket the share price but YU PR isn't the best

[sparky333] 20/9/2021 11:03

Well this doesn't sound like a company on its knees Yu Energy@EnergyforYu·38mWhat better way to kick off a Monday than with a new job role! We're looking for a Billing Analyst If you're:? A team player? Curious with attention to detail? Experienced in the energy/ metering industry

[fidra] 20/9/2021 10:42

Looks like sells being soaked up on l2 at the moment so I think there is a buyer about .

[sparky333] 20/9/2021 10:37

Announcements are required if a material change to the business.No material change no need for an announcement

[ammu12] 20/9/2021 10:36

Exactly no announcement means something's not right

[fidra] 20/9/2021 10:31

One might have expected an announcement by now if it were to be bad news . The fact nothing has has arrived would appear business as normal . Difficult to believe in this market tho .