The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The RNS today - "The Group's risk management practices in relation to its industry obligations are robust and embedded in the organisation. The Group has continued to meet its ongoing commitments to Ofgem. Contrary to reports of some suppliers' late payments, the Board is pleased to confirm that Yü Group made full payment, when due, of its obligations under the Government's Renewables Obligation scheme."
With such a limited amount of 'free shares' in issue, we're well aware of the effect any small volumes csn have on the share price.....in either direction.
It's good to get the official clarification in todays RNS and the underlying confidence that provides, in establishing that platform for the price to start significantly moving upwards again.
Good to be holding and certainly expect that major ROI going forward.
Atb
Relieved to read something positive and delighted that they took the opportunity to say they make their industry payments in full and on time. I agree - this share just has massive potential - hopefully the patient among us will get the rewards.
Cheers
I read the consultation yesterday, and I think that this will cause a number of energy suppliers to exit the market. They won't be able to use customers credit balances to fund their business and will have to have a separate fund that will protect the RO payments to Government. If they are funded well as they have claimed this will be a good opportunity for them. So this looks like good news.
I take it your in now m/spider. Change is and has come to this market and the spell its had of companies bringing to the market companies dresses to please the BOD and their salaries with only one final destination with the market to pick the bill up, better than robbing banks as no one goes to jail.
Bobby could of give us a bit more information as to the amounts and payments to the Government's Renewables Obligation scheme, or why bother with the RNS. Everything else that they are doing sets the foundations for a growing profitable company with good prospects in this increasingly regulated market with good profits for thoses who do it right
Yes I've topped up my shareholding as I think that this is a good take over target. Still don't have any faith in the management - they should tell us the cash position now after the payment. Beggars belief why they don't do this?
The Takeover outcome is one that many of us envisage as a logical conclusion and one no doubt we'll be appraised of, when indeed it happens. For the moment, agree that developments as communicated, will put YU. in a stronger position within an growth sector.
Atb
Positive RNS: good for the industry and good going forward for Yu. Yu has made all the right noises on this front and there is nothing shocking in what Ofgem propose.
British bull.com have updated their forecast today, they normally get it right with this one given the very small free float available, and share my sentiment on future sales and profits.
(Signal Update Our system’s recommendation today is to BUY. The pattern finally received a confirmation because the prices crossed above the confirmation level which was at 84.25, and our valid average buying price stands now at 85.00. The previous SHORT signal was issued on 11/10/2019, 12 days ago, when the stock price was 84.68. Since then YU.L has risen by +0.38%.Market Outlook The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.}
Is the baby a doji by any chance?
I have finally got some cash to jump in Monday. The last two weeks waiting for cash to buy has made me feel a bit tense.
Good weekend all.