Yu Share Discussion Threads

[1findlaydarr] 08/7/2024 17:47

We like your posts!

[disc0dave46] 08/7/2024 16:22

SparkyMy views on BK offloading to Shell via a secondary placing is exactly that, my opinion. Just because it's not happened yet doesn't mean it won't happen.You said yourself via gossip elsewhere (that was never evidenced but it suited your perma bull book) that Shell wants a stake in YU. Well this is how they can get in, there's not sufficient float to buy on market, plus liquidity is an issue and Bobby will want to offload at some point, which could only be via a secondary placing if a decent volume. He's seen other directors, including Rawson, sell over 50% of their holdings and he must be itching to take some profit. They also bought back directors shares at £17 so set a value.

[sparky333] 08/7/2024 16:08

Still waiting for this apparent Bk share sale to shell @£17 Been months now and should be straight forward should it not for one of biggest companies in Europe. But then again when when only in the head of game player all sorts of stuff comes out like Jan profits warning Jeez that was a a few lights out.

[sparky333] 08/7/2024 16:03

Agreed, stops people like DD playing the sell the news as they now do not know when news is coming.As to his silly childish words about trust wow 2019 statement when recovering from problems from the previous CFO.Rawson is a solid CFO a bit over cautious in bad debt provision but rather that than a wild risk taker.We seem to forget this company turnover 1/2b a year and probabaly 3/4b or higher this year.Not many companies in the UK in that league .

[disc0dave46] 08/7/2024 15:57

Sparky
The Directors selling definitely sent a negative signal to the market, why wouldn’t it, particularly in the volumes they sold at. Can’t be considered as insider trading.
They added fuel to the fire by saying they would update on trade in an AGM statement, but then for whatever reason they changed their minds and said they wouldn’t - it sends nothing but negative signals IMO.
As posted my trust in the BoD in terms of what they say and what they promise is non existent - I don’t believe a word they say, Rawson and his we will make a profit statement for FY19 (complete BS as they made a significant loss ) and Bobbys promises about improving comms and overseeing both Rawsons BS and the previous CFO’s accounting disaster.

[smokeyjohnson] 08/7/2024 15:55

Yes a bit of investor fatigue but the flip side is that sometimes when a company is too exact with it's updates schedule a similar thing happens anyway as the traders know they've got x weeks until the next update. They cause a big trough and then a rapid rise a few days before the scheduled date (if the macro environment warrants it).

[sparky333] 08/7/2024 15:41

That's fine but they should tell investors there was a lot of expectation around a May AGM TU which they had done for the last few years.This has now caused investor fatigue and disappointment especially as in April some directors sold implying do they know something ? Reality is different because if they did know ow something that is insider trading and illegal.

[smokeyjohnson] 08/7/2024 15:32

Oh yep, not sure whether that will make a difference, maybe May has just been dropped. Will this year pave the way for future years?

[sparky333] 08/7/2024 15:26

Agreed but in both of those years we got May TUs

[smokeyjohnson] 08/7/2024 15:21

Last year the TU was Tues the 25th July, the year before Tues the 19th July. The latter half of July seems like a good bet.

[sparky333] 08/7/2024 14:08

Depends on your risk appetite ahead of a TU H1 has finished and all we know is 2024 got off to a flyer.No one knows when it is coming but there has been on in July when again who knows Been drifting for weeks now on low volume through investor fatigue

[disc0dave46] 08/7/2024 13:42

Within the first minute of their interim presentation Bobby apologised for the poor comms and promised it would be improved!:-Https://www.investormeetcompany.com/companies/yu-group-plc

[iamlucinda] 08/7/2024 13:23

hiya, just thinking of a punt. looking for the right time.any views? ta

[sparky333] 08/7/2024 12:44

Again I agree DD, terrible especially what they say in the annual report about investor engagement. It has got worse not better.Could well be tomorrow as there was one a couple of years back on the 8th July.Not holding up much hope and more than likely end of July. It's my biggest gripe with YU total disregard for PIs, yes I expect they are very busy but he CFO get paid a fortune in salary and shares and need to step up IMHO.

[disc0dave46] 08/7/2024 12:07

Sparky"Shoo the the other thread that?s where the nutters reside"That's debatable old chap. The perma bull thread has its fair share IMO - particularly the sad stalkers :)

[sparky333] 08/7/2024 11:35

Shoo the the other thread that's where the nutters reside