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Ok now paying above the ask yet they are not moving the bid ? I wonder why ? I would think if a buyer came in now this would move very quickly, and a lot of short traders will need new underwear tomorrow. It might cause them to close there shorts which would see this sky rocket as no shares floating if you ask me , as after the figures due out this month get released will not see this price again, nothing less than £2.35 . Wouldn't like to be in there shoes .
Just goes to show how undervalued this share is 13/14 mil in bank 134mil turnover imho back making profit and see the return of dividends this year, this will re-rate back to a decent £2.35/3.25 April
Holding up well given the carnage all around. GLA
They will hide it until they close there shorts and by my reckoning they will run out of time before 28/3/ unless they let this rise up which will be any day soon or get burnt.
As mentioned in a post yesterday there have been 3 (now 4) occasions in the last week where Google shows a trade (buy) being completed on the bell at 16:30 yet it goes unreported. MM's surely cant keep hiding buys from the market or am I missing something?
True. Global issues will normally put downward pressure also on wholesale energy prices, oil and gas etc. The only real issue is if domestic UK businesses cease trading for whatever reason and leave unpaid bills to Yu. Debt management is something Yu have worked on and is a constant consideration anyway
My theory is YU. Is a defensive stock, no matter what is going on in the world people and SMEs still need elec, gas and water to run the business.
Yes this will affect the world economies going forward and with no peak of COVID 19 in sight the risks are building.
But YU. Is a safer stock in comparison to 95% of companies in the UK.
I wonder if the British Bulls buy/go long signal is partially responsible for some of the recent buying. I have also noted 3 occasions in the last week where buys have been processed at the end of the day and are yet to be reported (is this an indication that someone is loading up quietly in the background?).
British Bulls issued a buy signal last Friday and their bot has called it correctly the last 9 consecutive times for YU! GLA
Picking up shares under a £1. Yes please.
Unfortunately having to break up trades to get a decent price with Share Centre but every little helps.
Very true.
I may need to wind back my positivity a touch although it's hard not to be upbeat given the distinct lack of risk at this point in time.
Yeah but you have to keep in mind Jamie Turner bought around this low sp not at the highs of 10+
All this positivity and we are still sat at 1 and not 2++ at least.
I agree that Octopus and Milton are off the radar (or at least under 3%) but I can see that we still have Jamieson Pension Fund @ 5.1% and James Turner @ 5.36% (although bought as private rather than through his other companies). It would be interesting to know their expectations.
Including the above there is only about 32% of shares available to retail holders (provided octupus and Milton cleared off completely)
Indeed if YU can stay as it is for 12 Month or more the Sp will be many multiples.
it would give me a nice profit so I couldn't complain too much but it would be a shame as this could be worth so much for in a few years.
Yes most iis sold out so it’s just the ceo.
An offer of 2.5-3 would be hard to say no.
Non of the IIs hold shares anymore Miton and octopus both sold out during the dark days of 2018.
Therefore no IIs to pacify.
" a good price where the company is currently". I think there lies the problem with a £2-2.5 prediction as the company at least structurally and strategically is in the best place it has been for years. BK would likely want rewarding well for his hard work to bring the business up to scratch and I don't think anything less than £5+ per share would cut it. Especially knowing that II's would get involved if they were going to lose at least 75% on their investments made in 2018 (£8-10 per share).
I could well be completely wrong but I am more than willing to hold and see what happens. Who knows, maybe one day we can celebrate £10 per share again.
£2-£2.5 would be a good price where the company is currently. Obviously when company goes back into turning profits £4-£5 will be a fair shout.
I would wonder whether the Institutional Investors would kick up a massive fuss if the bid was not up to or near where their (rather high) entry point was. I remember Gatemore giving the DX BoD a real hard time a few years ago about how money was being spent and the BoD were forced to change as naturally all the retail investors got behind them.
Ammu - That happens all the time on the markets so it would ordinarily be a good shout. However, the reason for that is that it is usually a significant pay day for those involved in the company who haven't got a significant stake in the company. What differs here is that we have an individual with half the company who will, in effect, dictate what the buyout price is. I'm betting on £2-£2.50 being pretty damn unacceptable to him. I can see him walking away at around £6 as that would be a very nice piece of business all round. £2 is derisory - he could have probably sold it at £2 when the wheels fell off and not had to have bothered with everything he has been through since.
I reckon it will be taken out for £2-£2.5 per share. Don’t think people who bought at £5 would be happy but that’s how it goes unfortunately
I hadn't really considered Yu being bought given that the offer would need to be huge compared to the current SP given that II's are still holding in volume about the £8 mark and Bobby wouldn't want to take a big hit vs the SP of 18 months ago.
little rumours have reach my ear, but will wait for the RNS it seems some have jumped the gun.
I've not heard anything but was going through smartest site only yesterday for a short while... buying energy via them should do wonders for providing ROCs going forward in the short term... Also, a good idea would be for smartest to just buy Yu like they did Dual and have Yu continue to run as Yu (as per Dual tie up). Dual/smartest started off with a working relationship much like Yu now has...