Results are likely to show over fivefold profit increase over the previous year, I wouldn't be surprised if the share price jumps by 25% tomorrow alone.
Given the past history of brokers, they are likely to raise their forecasts for the next year after the results next week IMO. My guess is EPS likely to be well above 200p for 2024.
RE: What is going on with the gas spot price5 Mar 2024 09:56
Spot price fluctuations are normal part of energy business, that's why suppliers use hedging. Energy supplies are retailers of energy and there cut will always be there as long as they've hedged properly. If I understand correctly YU hedge all theur energy needs.
YU has been beating the broker forecasts with big margins in the past and is likely to do so in the current and coming years too. The share price has gone up a lot over the last few years and it's likely to rise further after the results.2023 EPS likely to be up 5 fold from 2022. You is a very efficient small supplier energy supplier and there's every chance it'll keep on growing it's market share IMO.
It's a usuall pattern and has happend many times before. The results are on the 19th March and trader are likely to start buying again next week . Earnings likely to have increased over 5 fold from the previous year. Being a tight market shares could rise dramatically after the results or even earlier than that IMO. DYOR