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It’s always a tough one when a stock seems to endlessly rise, but people, need to forget about how far it has come it is where it is heading.
The MC does not reflect the fundamentals currently and going forward PE is around 8 which is absurd for a decent dividend paying stock never mind rocket fuelled growth , I have said it before of YU was a tech stock our PE would be 50-100 not 8
Yes growth will slow but with only 1.4% market share there is no reasons they cannot swiftly hit 5% Marley share without bothering rivals and the big 6 to much
The Shell deal is not fully being acknowledged by the market and this should develop in time as it see it more a JV / partnership as Shell can see the potential to rapidly scale aggressively with minimal risk and turning over billions in the next few years
Just look how fast the likes of octopus and bulb ( messed up) grew to multi billion pound outfits
It has been done before and can be done again , we are the 13th largest supplier to SMEs in the UK and top 10 ambitions mapped out in the presentation
Sparky333 - yes, it really is an astonishing story. I am SO annoyed that I didn't get in last year, as I have had it on my watchlist since 2022! I just thought "it can't keep going on this growth trajectory, surely"? WRONG! 😫
Anyway, that's water under the bridge now and I'm very happy to have a decent sized holding here now. Hopefully, another good day beckons. . .ATB
YU have thrived through several black swan events over the last 3-4 years , imagine what they can do in a boom cycle
With inflation back under control and interest rates about to start falling the wheels of industry will start turning at pace , ergo more energy usage and less bad debt even though YUs bad debt is only 2% the CFO might start to be less cautious and drop the 3.1% provision to 2% in 2024.
I didn’t realise YU is now the 13th largest SME supplier in the UK and pushing for top 10 as a target.
With futures currently up by 65 points. . .🤠
Are these the orders who absorbed the PIs selling ?
A lot going on in the background and some very chunky trades
Doesn’t take a rocket scientist to work it
Here's that breakout that I mentioned yesterday. Everything pointed to it happening, assuming great results - which they most certainly were. . . .ATB
It's nice to have bought in early to something where the main problem seems to be what they're going to do with all the money they're making.
Nice steady rise this morning. As yesterday's RNS is digested, I'm hoping for new investors to come in. This has income and growth written all over it
Quite a nice, compact snap-shot of Yu can be seen here, with Investors Chronicle:-
https://markets.investorschronicle.co.uk/data/equities/tearsheet/profile?s=YU.:LSE
@SNN very similar to my musings for the year ahead. £41m of PAT equates to circa 80p dividend based on 3x earnings cover. Assuming the share premium capital is cancelled that will also allow for either a further distribution of about 70p or buying back a large number of shares - or a combo of both. Looks like another cracking year is ahead as long as YU continue to grow and deliver the 50% growth they anticipate.
Quick calculation is revenue of £690m, EBITDA of £41.4m, with tax at 25% and 16.8m shares is eps at 246p
Correction - EBITDA is £55.2m at 8%. PAT is £41.4m and eps 246p on these figures.
Happy to have added an additional 20% to my holding here, early doors today. . .ATB
Ditto Dave Boy. This is a great and informative board. Thanks to the regular contributors.
Thank you once again for sharing with this bb your experience and insights at the meeting yesterday - much appreciated.
Also, to SNN, IPC66 and Sparky for the continued and valuable breakdowns/opinions. Very helpful.
GLA.
The future seems to hinge around BK's majority holding.
Any meaningful placing from him would change that.
He's young for a boss so little change of him retiring or stepping back for the foreseeable future.
I just wonder if there's a price he would consider being bought out for.
Thanks for that additional info ShareNicelyNow 👍😀
Sheltie - only SP Angel (on Yu's IR website) and Liberum (on Research Tree).
Both have very similar forecasts and price targets. Though for now, they are taking guidance from the company. Company has given guidance for a 50% increase in revenue and EBITDA margin close to 8%. Quick calculation is revenue of £690m, EBITDA of £41.4m, with tax at 25% and 16.8m shares is eps at 246p. I think we will be somewhere at eps of 300p (and some on here are suggesting higher).
It doesn't help that broker target prices still have us on PERs under 10!
Similar for myself and not planning on selling. The dividend will hopefully improve further and current yield, if you bought at 80p etc, is better than other stocks right now
Great and many thanks for that response. . . ATB
@sheltie - SP Angel cover them and their update is available now. TP of 1900p more conservative than Liberum but again have upgraded all numbers
Does anyone have any further Broker information other than that of Liberum by any chance? They have a "Buy" rating and have upped their TP to just over £20, if I am not mistaken? But, I don't know of any other Broker reports. Can anyone assist - assuming that another Broker out there, is actually also covering Yu of course!? Thanks for any further information in this regard. ATB 🤠
Absolutely agree, I research daily and can't find anything better than Yu. Good energy comes close and many stocks are undervalued in the uk market but nothing with as high conviction like Yu. I really wanna send BK a thank you gift lol
Evening folks.
I am one of those lucky ones who bought very cheap a few years ago. I just wish I'd gone bigger! I'm not a serious investor type, and if I'm completely honest I bought in at 80p on a whim really when I happened to stumble across it on here. It looked like a decent speculative prospect when all the debt was cleared. As such it only occupies a small corner of my portfolio but thankfully I doubled my initial holding a bit later when it had climbed to around 200.
It's proven to be my best ever investment, and am thrilled that it appears that the ride still seems far from over....
I originally planned to sell if it reached £15, but now I'm thinking I may not sell at all for the foreseeable, since I could let it grow in my sipp from dividends, as I think this company will be around for the long haul, and possibly a major industry player in the years to come.
Good luck all