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London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England


Yu Group Share Chat (YU.)



Share Price: 162.50Bid: 160.00Ask: 165.00Change: 1.00 (+0.62%)Riser - Yu Group
Spread: 5.00Spread as %: 3.13%Open: 162.50High: 168.50Low: 160.00Yesterday’s Close: 161.50


Share Discussion for Yu Group




View all YU. Messages

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YinYang
Posts: 544
Opinion:No Opinion
Price:240.00
RE: Rampathon
16 May '19
AdamH90, yes I knew about the accounting issues as I thought everyone else did. The drop was overdone.

It's like home users switching to the cheapest supplier every year.
https://news.yahoo.com/british-gas-already-lost-230000-customers-year-084148732.html
 
Ironic
Posts: 16,763
Opinion:No Opinion
Price:240.00
RE: Rampathon
16 May '19
1) make the weak competition go bust
2) Take their customers
3) Slowly increase the price .
Looks like that is the plan .not nice but business is cut throat and debt free with huge cash reserve puts them in control whilst the others fight to pay interest on their debt .
Ironic
Posts: 16,763
Opinion:No Opinion
Price:240.00
RE: Rampathon
16 May '19
Not many on the market that are debt free with huge cash pot and making money at these prices .
YinYang
Posts: 544
Opinion:No Opinion
Price:242.50
RE: Rampathon
16 May '19
£3.75 to £5 million rather for £50 million revenues - just an example. Seems they are fighting the competition for customers
***
The Board is focused on identifying incremental revenue opportunities within our existing commercial book throughout 2019. Retention of customers is very important to the growth of our business and our average contract term for contracts live at 31 December 2018 is 22 months, up from 18 months in December 2017.

Our retention rate tracks the level of customer meters that are still supplied gas, power and water over a given period. The retention rate was 43 per cent. between 31 December 2017 and 31 December 2018 (consistent with the 43 per cent. for the previous year). We continue to provide customers with favourable new contract terms or flexible transition arrangements for times when their initial contract expires.
AdamH90
Posts: 1,362
Opinion:No Opinion
Price:240.00
RE: Rampathon
16 May '19
Are you just going to gloss over the fact that the drop was because of the huge accounting discrepancies? You make it sound as if it fell just because there is a small free float and a few people decided to sell. There were huge issues here and they have been rectified so it can now re-rate. Spot being disingenuous.
YinYang
Posts: 544
Opinion:No Opinion
Price:245.00
RE: Rampathon
16 May '19
Share price seems to have hit a ceiling at 250p. Looking at the chart, there was a massive drop on the 24th October 2018 from £5.70 to 85p, so you see the drops can be as large as the rises because of the small amount of shares available.
*** RNS 24.10.2018
The Board are confident that the Group will achieve profitability for the year ending 31 December 2019, albeit at a lower margin than previous expectations, and is in the process of preparing detailed budgets.
*** RNS 15.05.2019
The Board targets gross margin of between 7.5 per cent. and 10 per cent. for FY 2019 and remains committed to managing overheads to target a positive adjusted EBITDA as soon as possible.
£7.5 to £10 million gross profit on £100 million revenues
£3.25 to £5 million gross profit on £50 million revenues
Ironic
Posts: 16,763
Opinion:No Opinion
Price:247.50
RE: Rampathon
16 May '19
It go’s from £80 million to £88 million . So 10% more than the reported period . 77% plus the extra 10% the 10% is based following the 77% so would rank higher than 10% if punted in at the same time .
donotpanic
Posts: 4,118
Opinion:No Opinion
Price:247.50
RE: Rampathon
16 May '19
Read the previous RNS...
Rory5
Posts: 74
Opinion:No Opinion
Price:247.50
RE: Rampathon
16 May '19
How do you know there’s new contracts ?
donotpanic
Posts: 4,118
Opinion:Strong Buy
Price:245.00
RE: Rampathon
16 May '19
Ignore the noise now and just buy... this is the NEWS we were waiting for... more to come regarding NEW CONTRACTS...
Ironic
Posts: 16,763
Opinion:No Opinion
Price:245.00
RE: Rampathon
16 May '19
Here are your FACTS FACTS FACTS. This is what you should have bought based on ....
Cash and cash equivalents of £14.6m at 31 December 2018 and £16.5m at 30 April 2019
Revenue increased by 77 per cent. to £80.6m (2017: £45.6m)
Contracted revenue for 2019, as at 31 December 2018, of £88m
Probably £100 million now !!!!
Terrier54
Posts: 10,160
Premium Chat Member
Opinion:No Opinion
Price:245.00
Rampathon
16 May '19
Lads putting in a decent shift !!

Go for it.




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