Yu Share Discussion Threads

[tradertrev] 14/6/2024 09:49

Management's job is to run the company properly in the interests of shareholders. It isn't their job to spend a lot of time worrying about the share price and putting out RNSs saying that everything is going fine. I would agree that management's neglect of the share price can lead to a crisis of confidence leaving the company vulnerable to a takeover approach, but with a 53% shareholder here this clearly doesn't apply.
On the other hand, it is the job of professional fund managers to seek out shares that are undervalued by the fundamentals and take action on them for the benefit of their customers, who pay them substantial fees.
The most basic of screens would highlight Yu as extremely undervalued, even in the context of a significantly undervalued UK smallcap sector. Management provide plenty of access opportunities around results releases, so the issue appears to be fund managers not doing their job.
There is no accountability for this other than unit holders voting with their feet, which paradoxically aggravates the undervaluation situation.

[disc0dave46] 14/6/2024 09:45

And the fretting next door continues. The market clearly doesn't agree with Sparkys £30......neither does he with any conviction despite the constant ramping, what's there to think about chap?, should be backing up the lorry and selling organs to buy if you truly believe what you spout day in day out .....clearly you don't!, it's all hot air.

[sparky333] 14/6/2024 09:45

Also been down nearly every day in June, rebound must be very close MC now £270m cash no idea but probably at or close to £100m Trailing PE now 8 Other rivals like TEP, CNA and GOOD all doing okay so not political Energy prices stable and way over 80p a therm Ergo - investors expected news in May and we didn't get it, so people are risk off until YU finally decide to inform the market especially after CFO dumped a truck load

[daveboy19] 14/6/2024 09:26

A lot of dividend will go back in next week as well.

[sparky333] 14/6/2024 09:06

It has fallen on very low volume so any strong buying and it will fly.

[sparky333] 14/6/2024 09:05

The worm will turn and looking very nice entry point. YU caused this with poor PR as we are nearly 6 months into the trading year and nothing other than strong momentum into 2024.It isn't good enough IMHO

[johndoe23] 14/6/2024 08:59

Another trash day

[sparky333] 14/6/2024 08:48

Officially a trailing PE of 8 now.The world gets stranger by the day.Not long until we are the lowest in the sector lol

[andymunchkin] 13/6/2024 12:04

JohnDoe2313 Jun '24 - 08:41 - 6463 of 6469
0 0 0
Yep could be back at 1500p by then ffs.
---
YUp cOUld eVen oOT @ 1ooop. iwONt be sUrPrized. mRe selling frm shiftY rampers working with bOrrOwed moneY.

[gswredland] 13/6/2024 10:51

Well if it does drop to 1500 that's a great buying opportunity for us all unless we don't believe...
Can't see that happening sadly but this is YU. and it's incredibly volatile!

[johndoe23] 13/6/2024 09:26

But of buying interest

[daveboy19] 13/6/2024 09:02

People actually follow a chap that doctors his newsletters? Not great.
He told them to wait for the dividend date like he was doing. I saw it with my own eyes and then it was gone some days later.
I bet none of them even know about the planned distributions.
A question from a poster on LSE pretty much conveys this.

[disc0dave46] 13/6/2024 08:51

Rampers seem a tad nervous next door. Why hasn't Sparky loaded up if £30 is coming?.Plenty of quality non speculative companies on PE's of 7.

[daveboy19] 13/6/2024 08:47

They already told me it was planned for July last week.
I think it makes sense to report it along with the court resolution meeting July 3rd (showing on the financial calendar).
I think that would make a nice package and quite a few naked traders left scratching their Barnets and thinking why did I sell without any emotion like he told me to.
£34.5M approx will be in DCR.

[sparky333] 13/6/2024 08:44

That's fine as PE would be just in the 7 range not many stocks like that around.This is YU group it loves to double and treble I just find it a really poor show from the management board yet again as the sales by directors created unease and now death by a thousand cuts until they inform the market of performance to date.

[johndoe23] 13/6/2024 08:41

Yep could be back at 1500p by then ffs

[sparky333] 13/6/2024 08:29

Going to be a long wait until July if a TU comes then otherwise Sept for H1 numbers

[sparky333] 13/6/2024 08:28

Makes it worse as energy prices have not decreased as expected in fact the opposite.

[sparky333] 13/6/2024 08:27

YU PR at it best yet again, 24 weeks into 2024 and nothing but a few throw away lines in the annual report which was nearly 3 months ago.

[sparky333] 13/6/2024 08:20

Indeed back to PE of 8

[johndoe23] 13/6/2024 08:20

Getting ridiculous now

[sparky333] 13/6/2024 07:43

UK natural gas futures surged by more than 5% to reach 85 pence a therm, in line with the increase in European prices following Germany's Uniper SE securing €13 billion ($14 billion) in damages from Gazprom PJSC for failing to meet gas delivery obligations. This development has heightened concerns about the reliability of Russian gas supplies, despite efforts in Europe to reduce dependence on them since the 2022 crisis. Austria's heavy reliance on Russian gas and potential payment issues with OMV AG have added to worries about supply disruptions. Additionally, ongoing arbitration cases involving companies like Italy's Eni SpA are further unsettling the gas market.