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Brexit and the general economy are linked and are a threat to Yu like any other company. Not because Yu exports but if client SMEs do then this could be a problem. Yu is right to focus on debt collection and target a controlled approach to growth. At current SP, Yu is undervalued IMO even with brexit. With brexit puahed back so much, I anticipate some sort of deal anyway
Brexit means uncertainty for the whole of 2020 and no doubt longer which is bad for the general stock market sentiment which in turn mean investors will be risk averse. Knock on effect particularly to risky AIM companies. Let's hope YU comes out a winner in the longer term.
Brexit means nothing we do not export, coronavirus again companies still need gas and elec. this is a sensible stock against all the **** in the world.
Yet people panic sell and drive up a debt ridden pile of crap like Aston Martin 25%
Investor are so weird
And down we go. Just hope we don't fall below £1 again. Brexit today is not going to help going forward.
Gap filled. We should stabilise here and start to move up from next week. Like I said this stock is very technical.
I don't know about all here but couldn't understand the small rise followed by the drop so I went through everything again including the financial reports and to be honest could do with help on them they are in depth but nothing stood out so went through the RNS Going back two years.
Nothing stands out until I read the last one again and to my surprise found this little snip it how I mist it first time round I don't know
Contracted revenue for FY 2020 was £79.5m at 31 December 2019. The Board is confident that the revenue now contracted, plus the future business that it will book, will deliver a higher forward gross margin and EBITDA contribution than that contracted in 2018 and prior.
Can you see what I see ? And the figures your looking for are. 21.3%. And 2017 6.7 it's all in the wording and if you tie the figures up with expected contract costs and savings as in previous RNS THE EBITDA
Is more than single digits or an I dreaming he said this.
I am no chartist but:
British Bulls issue a sell signal today. Unfortunately, their signals have been correct for the past six occasions in a row. Personally, I don't follow them which is why I am stuck down here at a loss having bought in originally at 190p ha ha!
Another platform also indicates 'strong sell' from its technical analysis - gloomy hey!
A third site shows resistance at 127.50 and support at 105. Charts shows 20 and 50dma have crossed above the 100dma line - so some good news there. Alas all three averages are well below the 200dma which stands at 120.90p
Sum all that up and who knows what???
See share talk, Tues 12.55 post - the 200 day MA is broken, the guy on the link correctly predicts a fall back to the 50 day MA ish of around 112, to act as support, before a long uptrend is due to set in. The 200 day MA may act as short term resistance and the 50 day MA as short term support, before a clear break out. Basically, the chart and company news flow are moving in the same direction. Give it due time, after all it's a very big turn around (back to £10???)
Re MAs - I prefer exponential MAs to simple - personal choice and a bit of a mathematician's thing. Try HL's website
https://www.hl.co.uk/shares/shares-search-results/y/yu-group-plc-ordinary-0.5p/share-charts
The exponential 200 day MA is not broken, but all lines converging to switch over to the 'correct' side.
How much further this got to fall.... let’s hope this doesn’t go back sub 100... any chartist here ?
Nice update but the usual fall away. I'm selling up for good on the next spike. I believe in the company but not the market.
typical Yu style... drop right after good news.... not health... hope lths took the advantages during the high... gla
Cash and trading counterparty deposits of £12.6m at this time (2018: £14.6m)
Yü Group made full payment, when due, of its obligations under the Government's Renewables Obligation scheme. Q3 2019 approx payment made
£47.22 per ROC - this would be £11.23m. As a sense check Ofgem site says environmental / social costs in an electricity bill is 20.44% of the total (RO would be part of that) as worked out by one of are posters.
so given the picture as described above there has been no cash burn since Q1 2018.
Why anybody would sell is beyond me but short yes, ii must be looking now to get in and MMs providing them the way in cheap? not the first time they shorted this stock . Hold for the medium term the price shown is a disgrace but it's only a loss if you sell, fight back and post and promote this share and you will see this rise as the shorts close
AIM reminds me of thunderbirds the pi's are the puppets and anything can happen in the next half hour.
Mark up tomorrow is my guess
MMs at the tricks again with canceled sell 25k shares order ? did the job for them and allowed them to fill them orders from who is the question. still think Tr1 on the way.
Lets see what tomorrow brings
Bit - on the right lines. Yu are being asked by the wholesale markets to pay up front, hence their cash balance has dropped to £2m. The facility with Smartest Energy is basically an overdraft to offset this. During the year the amount prepaid will unwind itself and cash balances will come back in, but they will owe money to Smartest!
I am very pleased with the update and for all holders here who have had a long and patient wait for positive news and forward outlook. I have added more today at 132p to my previous investment at 119p.
I am hopeful 2020 will be a small loss at worst, but think break even is very likely. With the new offices in 2021, 2021 will see large rises in general admin costs, so making an estimate for 2021 is difficult. Over the next 1 to 2 years my target SP is to double and then double again - so say 500p by results day in March 2022.
bought some today here ig would not let me buy a large amount 25k, and made some excuse said I exceeded my trading agreement total ******x il have you know
bitbuybit i see your point, but i think your reading it wrong... the £14.6m @ end of 2018 was 'Cash and cash equivalents' - 'and equivalents' being the key words. now were sat on £12.6 solid cash none of which needs to be reserved for trading.
Lets not mislead anyone here - The RNS states that group cash and trading counterpart deposits were at £12.6 m at year end vs £14.6m a year prior. It's the breakdown though that you need to look at surely? This £12.6m consists of £2.1m in cash which was £14.6m a year prior. Supplemented by £10.5m (2018 - nil) of trading counterpart deposits.
Ami reading this completely wrong? It looks like Yu have access to money but what is actually theirs has shrunk significantly?
Matt
They are happy to increase the bid so looking to fill some orders in the background but this news should of seen this above 1.75 after been kept down for such a long time , 12mil in the bank . The monthly average bookings have increased to £5.1m in H2 2019, increase due to new offices opening in leicester 5 months only H2 3.2mil H1 2019 so add that figure to the contracted revenue for 2020 and you got 153mil with between 5 and 9 % all looking more than good
Yeah Brilliant. Brilliant.
hence my £2+ wording as, in my mind at least, it's better to keep things realistic short term 'achievable'; otherwise it all sounds like yet more AIM amateurish ramping!!
in 2021 this will be many multiples of the current SP, if people are patient and not selling for 10% here and there.
The company could turnover close to 140-150M in 2020 and with a 10%+ margin - do the maths
precisely my point. The company, on the back of today's RNS, is now grossly undervalued. Yes, there 'may' be a small retrace on profit taking, but just ride it and watch this share rise to £2+ by mid February / early March. ATB
I agree, re-rate is on the cards. MCap is measly £22m for an organisation generating c.£100m in revenue and hopefully overall profit in next quarter. We should be at least £50m in near term and £100m Mcap in medium term as we continue to progress and be more profitable.