Yu Share Discussion Threads

[daveboy19] 12/1/2023 12:38

Hard to feel sorry for them now, tbh.
I re-read the update (unexpected) that came out 28/11/22. It really tells you the latest position is well well ahead of any expectations.
They should be reading that instead of panic following!
'"Excellent trading performance, with full year financial metrics now anticipated to be significantly ahead of market expectations"

Yü Group PLC, the independent challenger supplier of gas, electricity and water to the UK SME and corporate business sector, is pleased to provide an update on trading.

The Group is pleased to announce an exceptional trading performance, which is expected to continue beyond FY 22. Revenue, adjusted EBITDA and operational cashflow are anticipated to significantly exceed current market expectations for the year to 31 December 2022.

Record average monthly bookings from new and renewed customer contracts over the last three months has resulted in the Board expecting revenue of approximately £260m for FY 22, being a c67% annual growth rate.

EBITDA profitability is expected to continue its strong trajectory, with H2 22 expected to exceed the 2.1% achieved in H1 22, driven by strong demand and the efficiencies of our digital by default transformation. This investment has provided the platform to rapidly scale the business and derive the benefits of operational leverage to enhance margins on an ongoing basis.

Operational cash flow remains strong, supported by increased EBITDA and robust customer collection performance, with Overdue Customer Receivables remaining stable and proportionate to the growth of the business. As a result, net cash at 31 December 2022 is expected to significantly exceed market expectations.

The Group is in regular dialogue with BEIS, forming part of the BEIS supplier forum committee and is pleased to have received its first monthly Energy Bills Relief Scheme (EBRS) payment, in line with the Government's plan.

Further information will be provided as part of the Group's scheduled announcement of FY 22 trading update and outlook for FY 23 in January 2023.'
MC £85M?

[bobaxe1] 12/1/2023 12:14

The sell off was a great opportunity to get a top up in lovely

[sparky333] 12/1/2023 12:08

Next step is £6

[sparky333] 12/1/2023 12:08

Feel sorry for those caught in the panic selling earlier in the week

[sparky333] 12/1/2023 12:07

Without doubt

[z1co] 12/1/2023 11:52

It's highly likely that the forecasts will be upgraded again after the TU.

[cocker] 12/1/2023 10:36

The bounce of of yesterdays lows very significant chart wise as now remains in an upward trend. I guess the one who posted about the candlestick hit the nail on the head, so to speak.

[bump3r] 12/1/2023 10:21

Just looking at the No of shares in circulation here
Around 17 million

Bobby has around 9 million

The rest of the directors and a couple of Insti's have approx 3 million according to the shareholder register

That's 5 million shares left to go around

There's been a lot of activity lately and no update on holdings

I Don't know where all these shares are coming from on a daily basis for the trading to be so fluid.

Don't think I've been in such a profitable growth company with so few shares to go around.

Usually the companies I invest in on AIM raise at every opportunity just to stay afloat and are years from generating profits.

Crazy really

[fidra] 12/1/2023 10:08

Think you are a bit low on next years sales figures tho at 326. We are expecting that for about 8 months next year ! We could be wrong of course .

[aishah] 12/1/2023 09:47

Taken a maiden position here during the pullback. Revenue expectation is £260m for 2022 followed by £326m against a mkt cap of only £81m!

I expect atleast a doubler in due course assuming forecasts get hit. As usual dyor

[bobaxe1] 12/1/2023 09:42

Topped up with asos slice of at 12 months high

[z1co] 12/1/2023 09:37

£5 is surpassed again and £6 will be gone on the trading update.

[sparky333] 12/1/2023 09:28

I would keep you powder dry and see what BOO reports.Green shoots talked about by ASC but still they have challenges in 2023 and loss making in H1.Markets are meant to be forward looking so can see why they have rallied today, but personally not enough evidence yet and BOO will add more more data.Q1 numbers will be interesting for the sector.

[hamidahamida] 12/1/2023 09:24

Sparky looks like retail sector is on the bounce Retailers are kind of saying rapidly falling costs would more than offset cost of living crisis What's your take?

[fidra] 12/1/2023 08:52

A lot off people looking at the share price .Really should be looking at the market cap .

Looking forward to the update to see the answers to the cash and turnover thoughts talked of by others .

[metaltrack] 12/1/2023 08:35

Spreading the word on tw*tterhttps://twitter.com/MetalTrack/status/1613454163135893505

[cocker] 12/1/2023 07:52

Seagull, they have to pay rates etc on their new freehold kitted out building like every other business. My question is who is going to pay for all the Gas/electric & water?. You now suggest that BK should raise some dollars whilst share price is high. A bit like walking into the bank & asking for a loan & when asked "what's it for", replying "I don't know, I just have loads of it & want some more". With regards to the cash pile , I may not be exactly right but not far off. Where as your post I referred to earlier on the other thread where you clearly say only in August 22 that the share price is heading for one quid, well lets say I'm closer to cash pile figure then you were to todays share price price

[seagull222] 12/1/2023 07:30

Thanks for being civil Sparkey, roll on results.

[sparky333] 12/1/2023 07:06

I recall reading yesterday about YU cash pile which even after the Climate levy / RO payment whatever we call it is still going to be very large and growing daily.The big question is what do YU do with that cash ? Invest through acquisition or start to pay out to loyal shareholders ?2023 is the year a decision has to be made because a small company cannot sit on such large cash piles earning interest it needs to invest for further growth or pay dividends Because the way the business is progressing cash is being thrown off the company at the moment and it needs to be used in one way or the other.

[sparky333] 12/1/2023 06:55

No attacks here seagull it is debate All I was saying is your post is misleading on cash because RO isn't paid until 31st Aug 23 by this pint cash will be very large.Estimate for year end was 12m this is a been revised to an estimated 16.5 and could be higher, by Aug 23 I am guessing now could be £30 to £40m so even after the RO payment next year by year end 2023 cash could be half of current market capAll this is speculation BTW as we awaiting the TU but what we do know is year end cash will be around £16.5m give or take a bit.On bad debt I disagree with you and I believe the 7.2% which is accounted for by the brokers in there number is far to big and will come in significantly less and therefore adding to the numbers for 2022