The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma 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.
Unless we all want to walk away from devastating losses - there is only one way to look at this and to hold (Or average down if b***s) with a hope that in two years we will look back on this and have recovered.
Companies wont be trading, wont pay energy bills, further drop therefore only option.
Keep safe all
I suspect it won't matter what the update states - we are going down. Anyone remember what the all time low was?
Someone sold 150,000 shares
18 Mar 12:17:40 68.00 150,000 Sell 75.00 80.00
indeed and Mr 10K picked up another 2 lots so far today
The support to SMEs with all the free loans will help yu customers. That's about it but that is big
Wonder how the chancellors spending spree will affect YU group ?
Bar the rats scurrying at the open and selling at any price we have done very well today, nearly 50/50 buys to sells.
Utter carnage elsewhere
Large uptick in UK planning applications for clean energy projects in 2019. Bodes well. Reported today on the Guardian.
High spider buying again good sign? As for bad dept they are or going to be right on top of that with bills down to 9 days invoicing and smart metering near the 97% . Profits should be coming throughout 2020 with gross profit 27% plus up from 2017/2018 all looking very good.
Low energy wholesale prices has been going on for a while now and Yu have spent most of 2019 working on customer debt collection and streamlining costs etc. The smartenergy deal couldn't have been timed better for this reason. Whilst down, compared with other stocks Yu has done relatively well. They're taking on customers so I don't agree with most of what you said below moneyspider. Issue is if SMEs customers go bust, which the UK budget has already addressed. Othereise, Yu doesn't supply big airlines the last time I checked. Yu has no bank debt of its own
First point , they no longer have to stump up huge amount for forward engery contracts
This was why they went with Smartest.
Frees up £12m in cash and also de risks forward hedging so actually YU will benefit from reduced engery costs.
Yes some business will suffer no doubt about that and the risk profile on default will increase, yep get that, bit taki n into account YU have just spent 18 months getting rid of the crap on the books.
Therefore heavily de risked.
This shut down and carnage will be short lived 2 month pain max.
If you are trying to run down a stock there are many hundreds far easier to pick on than YU especially the ones with huge debt mountains.
Oh yeah YU has no debt just a huge cash pile
Yu are weathering the storm well given the carnage elsewhere. A few moderate ups and downs are expected until results later this month but on the whole a solid defensive play.
I will certainly keep buying on the dips.
Yu only has business customers, the risk this business has is that they have bought volume forward to supply these businesses. Now that it is likely that we will have a shutdown of business and many businesses in danger of going out of business, the problems only magnify for Yu. Volume will have to be sold back at a huge loss, the bad debt numbers will grow. Other energy suppliers that have residential customers will be able to switch volume here as many people will be home working. Sell out why you can.
thanks for that it gives me more conference now in the figures that will be RNS before the end of the month?
Its on their website talking about their wales onshore wind farm tariff
MKS123 8k sme customer base have you got a link to that because if you have that,s great news as the total meter point 2017/2018= 9200? which means that 8k SME would give us approx 14600 m/p an increase of 37% that given we could expect total turnover to be approx give or take 152mil some what higher than Yu. estimated all imho but I bet it wont be far out GLA
New green tariff being advertised by Yu atm, which comes from Wales and sounds perfect for producing ROCs . From the article also, turns out Yu has roughly 8k SME customers...
yes my friend tried to buy £2k of Yu this morning went to NT 6 times so he bought into glencore instead...
That's charming things that bad 20% down and you cant buy these little gems? NT for £600.
More ROCS, more renewables in Q3 2019. Updated today on BEIS site
We already know record revenue, also 2020 should be profitable at some point.
My questions are how was 2019 H2 , how is Q1 2020 and outlook for 2020 I expect revenue is popping along the question is when is break even , impact of current situation and back to profit.
And no Debt
MC now less than cash.
It is global capitulation not seen for decades. Nutters selling at any price. This presents wonderful opportunity.
We are a defensive play, SMEa still need power, water and gas regardless of world issues, yes risks increase on payment but YU have spent the last 18 months sorting the dead wood out.
Gift horse staring is in the face
If anything, the budget yday was good for Yu's customers: UK SMEs