Yu Share Discussion Threads

[daveboy19] 28/1/2022 14:29

Can't believe it. Traders have given them plenty of stock to play with now as well.

[sparky333] 28/1/2022 14:15

Lol it cracks me up, now lower than before results.Incredible

[sparky333] 28/1/2022 12:31

Had the news, short term traders moving away. Just like last year then boom. Ukraine isn't helping and an article on energy live news that in the retail/domestic 12 companies are screwed.For some bizarre reason YU always get tarred with the same brushWE ARE NOT DOMESTIC ie no price cap.

[daveboy19] 28/1/2022 12:10

Yep, will never understand the market - logic deficient.

[hamidahamida] 28/1/2022 11:44

Irrational market presenting an opportunity for LT investment at deeply discounted rateGetting cheaper by the day

[sparky333] 27/1/2022 14:05

Been here 3 years and up over 500%, do not need cash and happy to wait another 3 to hit my targets to start slowly offloading but by then might be happy to do nothing and pull in a nice dividend twice a year.Got so many share surprised I am not on the major shareholders list lol, as more than double most of the current BOD combined excluding, BK obviously.

[cocker] 27/1/2022 13:50

I guess if someone outperforms your estimates by such a huge amount, then you maybe need to sit back and wait for results or once again its not worth the paper its been written on. Sorry to say force's beyond YU control mean investors are still sitting on their hands and as much as I hoped the TU would give cause to a rerate(& it should have with them) , maybe it will take results to do this, a shame but that's the market I guess.

[sparky333] 27/1/2022 08:52

Key point for me which everyone keep harping on about Cash at year-end 2021 was £7m vs £11.7m at year-end 2021. Recall during the year YUG invested in the property at its new Innovation Hub in Leicester, invested in the expansion of its digital programme to drive marketing and sales, and took on new clients on as the designated supplier of last resort for Ampower customers appointed by Ofgem, as well as made payment towards the covid VAT bill.Will not get revised broker figures until FY report which is a shame but they acknowledge there numbers are currently at out.

[hamidahamida] 27/1/2022 08:42

SP Angel noteTrading Update: F2021 Stellar PerformanceEvent: YUG provided a trading update for the year-ended 31 December 2021, with better-than-expected performance for the year.2021 Headline results:? Revenue will be in excess of £150m, +50% y/y driven by organic growth and the integration of Ampower customers.? Adj. EBITDA and profit after tax is expected to be well ahead of market expectations.? Average monthly bookings were £13.8m at 31 December 2021, vs. £8.3m reported at the end of 2020 (+66% y/y). This was supported by average monthly bookings of £24m during Q4 2021.? Meterpointsstoodat31,900at31December2021,1.8xthe17,400meterpoints tally at 31 December 2020;? Customer contract lengths are at an average of 30 months? Contractedrevenuefor2022hasreached£156.5m,upfrom£90.5mat31August2021. Contracted revenue for 2021 at 31 December 2020 stood at £93m.? Cash at year-end 2021 was £7m vs £11.7m at year-end 2021. Recall during the year YUG invested in the property at its new Innovation Hub in Leicester, invested in the expansion of its digital programme to drive marketing and sales, and took on new clients on as the designated supplier of last resort for Ampower customers appointed by Ofgem, as well as made payment towards the covid VAT bill deferral.Forecasts: Our revenue forecasts for 2021E were £128.4m. With the better-than- expected half-year results, we increased our 2021E forecasts for NCC, bad debt, Adj. EBITDA and net profit. 2021E NCC increased to 7.1%, bad debt decreased to 1.3%, Adj EBITDA increased to £0.9m, and net profit increased to £1.3m., with adjusted profit after tax of £0.5m due to the recognition of unrealised losses on derivative contracts.With strong outperformance against our forecasts in 2021, coupled with 2022 contracted revenue of £156.5m – already at 97.9% of our 2022E revenue forecast – our forecasts for 2022E and beyond, clearly require revision to the upside.Outlook: During 2021 YUG management has delivered on its strategic long-term growth plans with better-than-expected growth through what was a very challenging year for the sector. Recall that nearly 30 energy companies have ceased trading since the summer of 2021, including MA Energy and CNG Energy which supplied only non- domestic customers, due to the rise of wholesale energy prices. Though, there are still more expected to fall in 2022, with wholesale energy prices continuing to rise as the cold winter months set in and political tensions continue to mount in Russia and the Ukraine. However, YUG has been an acquiror of customers through this period, both organically and as a as supplier of last resort for Ampower appointed by Ofgem strategically protected by its mature and stable hedging program, mitigating the impact of fluctuating commodity prices. We expect this stability to continue to support growth for YUG through 2022E+.YUG further strengthened its platform in 2021 with its 'digital as default' programme to drive customer penetration, while at the same time maintaining customer service levels and lowering costs. A key focus has been on ensuring that customer service is maintained, and contracts are properly priced within the context of current market conditions – both of which are closely monitored under stricts risk parametersWe expect YUG to continue on this growth trajectory as it remains keenly focused on its long-term strategy to scale growth, despite a very challenging market environment.

[sparky333] 27/1/2022 08:36

Sell the news prior to results went up nearly 50%.Will bounce back soon enough and finally break £3

[hamidahamida] 27/1/2022 08:30

Really disappointing market reaction to wonderful results Significantly above market forecast

[sparky333] 26/1/2022 16:05

Good post for a very knowledgable poster on LSEMorning everyone,I don't frequent the BBs very much these days but I do follow them from time to time. I noted a few murmurings about the drop in YU cash on hand. Reducing from YE 2020 £11.7m down to £7m as of 31st Dec 2021.Below is a set of posts I have just published on Twitter regarding this. For those that do not have access to Twitter, I will summarise below.https://twitter.com/BigBiteNow/status/1486287005961105410?s=20In essence, because YU focus on their EBITDA level profit one-off costs is not taken into account. In 2021 YU paid £2.2m in cash for the final payment for their Leicester office + £2.7m in deferred VAT/PAYE payments from the Covid lockdown in 2020.Total = £4.9mIn addition, it is my view that whilst December delivered a big increase to the revenues recognised in the year (£150m) the actual trade receivables and more importantly the cash flows associated with payment will have their greatest influence at the start of this year. The giveaway is the billing date for the initial November usage (from 3rd December) which can be found on the YU energy website under Ampower news (https://www.yuenergy.co.uk/news/a-warm-welcome-to-our-new-customers).This reflects a billing date for December that would fall in early January which means no trade receivables and certainly no payments. IFRS accounting does not prevent YU from booing the revenues against estimates which they were clearly keen to do but the downside is a misunderstanding on cash on hands driven by cash flows.It will of course all come out in the wash as FY accounts and trading updates come through.The reality is that the vast majority of those one off costs are now behind us allowing 2022 to be the first true year of major cash generation. Once that shows itself I expect a big re-rate in the valuation if not before.

[sparky333] 26/1/2022 15:36

We shall see more like £4 than 2

[kaka47] 26/1/2022 15:34

Not shortingJust telling how I see it I see this going down to 200p bcz of reported cash burn of 4 million in 6 months 200p Timberrrrrrrrrrr

[kaka47] 26/1/2022 12:54

Not a holder of dvrg I'm actually calling DVRG share price to go down to 17pGo and read my posts on DVRG They don't like me posting there Just as you boys

[kaka47] 26/1/2022 12:50

Placing Alert:Possible Excuses::Institutional demand :Working capital due to growth :buying more revenue Placing is coming

[sparky333] 26/1/2022 12:49

Anyways time to ignore the jealous Deepverge crew.Direction is clearly up here and Deepverge is down.Anyone got access to share price Angel note yet ?

[cocker] 26/1/2022 12:08

Kaka is used to CEO's tweeting targets and then missing them, so to find one that only over performs is not common practice for him. Thus he has the old green eyed monster syndrome.