Yu Share Discussion Threads

[paddygangster] 05/8/2022 15:36

150p125pNot looking good

[intoodeep] 05/8/2022 15:12

Bad debts not insolvencies. Businesses just will not be able to pay the massively increased energy costs and will they be able to borrow money to fund them over...well, maybe if they use a very expensive company credit card? Maybe Yu. can help them by reducing or spreading payments over the longer term perhaps?

[danboris2] 05/8/2022 14:56

Well I did two small top ups today, both showing as sells. Pays to be brave when everyone else is gloomy...

[sparky333] 05/8/2022 14:14

Said I would not post but want to give you all this to think about remembering around 5.7m SMEs in the UKSo when you start talking insolvency's here are the real numbers https://tradingeconomics.com/united-kingdom/bankruptciesSo less than 0.01% currently of SMEs in the UK just over 5000 went to the wall in Q2 out of 5.7m Worth opening up to the 10 year at as well yes it's rising and they predict falling again 2023Draw your own conclusions, right sun is shinning off gardening

[intoodeep] 05/8/2022 13:53

170 broken, bid now 166, where is the support?

[intoodeep] 05/8/2022 12:52

Mind the gap here

[wolfofhounslow] 05/8/2022 12:37

No buyers Worst is sellers can't get a sell quote!!

[intoodeep] 05/8/2022 11:58

Have a nice break, you deserve it.

[sparky333] 05/8/2022 11:57

Enough from me now and going radio silent until Sept 27th or if a fundamental change in the share price or RNS released to discuss. Have fun peeps a bit depressing what hung the share price slide like this when no material change in the business but oh well people need or want to sell and no one wants to buy yet.Take care bulls and bears

[intoodeep] 05/8/2022 11:55

Sparky,

Putin has no incentive to make peace at all, in fact his tactics are damaging the West much more than we are damaging him. he will continue to play the long game, the west will tire of the whole thing and Ukraine will eventually just not have enough men and materials to resist. Ukraine will cease to exist politically.

[sparky333] 05/8/2022 11:53

We are close to the point where the valuation is just ridiculous based on current forecasts never mind future forecasts.And when it turns it will be fast and very aggressive. Some of you think we are heading back to a 4 year low with a MC of 18m well if that's the case so be it but be warned if the figures come out in Sept and they make a clear 2-3 M h1 profit the market is going to look pretty stupid.Companies are coming in with terrible numbers and not hit as hard as YU group share price wise and I ask again why is YU the only one in the sector that you think has a bad debt issue ?

[sparky333] 05/8/2022 11:48

I wish the doomsayers would actually admit YU are doing a good job considering the 4 one in a lifetime crisis they have navigated and actually powered ahead.The current war in Europe will end and inflation come back down not that either affect YU the high commodity price actually drives turnover and profit higher.Yes of course a bad debt risk like any company in the UK at present they all rely on other people paying bills.It will be managed and when the world emerges which it will the bull rally starts and stocks like YU will not be valued at 28m when turning over 500m and throwing off cash and dividends

[sparky333] 05/8/2022 11:44

Anyway I though YU was going bust during C19 ? Also still waiting after 5 years for the fabled cash call.Neither happened and expertly navigated the energy crisis.Still standing and no cash call not like 90% of the stock market with debt galore.

[sparky333] 05/8/2022 11:41

Wolf far more energy firms will go before YU No debt and profitable so in far healthier position than 80% of the other companies in the sector. Which I might add are pumping out record revenue and profits across the board.

[sparky333] 05/8/2022 11:39

Well the way you guys are talking the UK will be in the Stone Age next year as most businesses having gone to the wall.Energy sector will only have the big six and probably less as everyone is redundant and can't pay domestic bills so at least a couple would go bust. Also the way your talking on business closures 50% of the stock market will be gone as well. As the majority are saddled with debt and with decking revenues the rainbow stocks will die first.Even during the Great Depression it wasn't as depressing as you guys make out. May as well too myself now because nothing worth living for if living in a cave

[wolfofhounslow] 05/8/2022 11:33

This will go bust or more money from shareholders....Becareful newbies

[intoodeep] 05/8/2022 11:10

Our average price per kWh for small business electricity in March 2021 was 14.74p per kWh.

So From March 2021 to March 2022 business energy costs increase could have been as much as 400%.

[intoodeep] 05/8/2022 11:06

From March 2022 Re Energy Price Caps

Does it Apply to Businesses?

Whilst this is good news (in part) for residential customers, the same cannot be said for businesses.

The energy price cap is a tool used by Ofgem to protect the consumer, not businesses. Energy Suppliers are now passing on their costs to businesses by increasing their business gas and business electricity costs. Some businesses have received quotes exceeding a staggering 70p/kWh, making operations extremely challenging.

Business Energy Claims have been contacted by a number of businesses that have become unstuck by the new quotes that will effectively close the doors of their business as a result.

[z1co] 05/8/2022 11:05

All this decline after an excellent Trading Update.There must be forced a seller that the MM's are aware of.

When they are done with the selling the price will rise very sharply.

[intoodeep] 05/8/2022 11:03

But isn't that the elephant in the room then?

[sparky333] 05/8/2022 10:37

You are correct but that is Domestic not SME they are totally different as in no price cap either

[sparky333] 05/8/2022 10:36

Domestic v business Please please get it right

[placingalert] 05/8/2022 10:35

As the watchdog has said utility companies can not make more the 1.9 percent profit, that's ok if you are turning over billions but if your revenue is few hundred million then you are in trouble if bad debt is rampant and businesses are folding.. So here are Possible excuse for placing1. Strengthen the balance sheet and possibly buy out struggling competitors account books2. Or slap in the face, Need cash to keep up with demand ..Or Bobby do the decent thing that is if you have the balls tell your shareholders you do not need any cash and you will not doing any placing

[sparky333] 05/8/2022 10:27

As if BK reads the boards, personally shocked if he does.

[placingalert] 05/8/2022 10:23

I know ceo Boby reads these boards So mr CEO if you have the balls please come out and say you do not need any CASH or are you going to do what you did last time, Ramp the company and do a placing and then few weeks later announce accounting irregularities