Member Info for Beamer21

It’s not about the numbers, you’re buying into a growth opportunity on the cusp of good things

4.4m of options at a penny sounds more drastic than it actually is

Although I don’t know his salary I’m sure the biggest incentive when taking the role was what he could earn through options if he can successfully can turn Eve around. Essentially the options will cost him £44k and at 6.75p if he sold the lot which he can’t he’d pocket £253k but at 30p he’d pocket £1.276m so you can clearly see that he’s still heavily incentivised to create shareholder value for all.

I suspect he’ll accrue further options along the way too

It would have been good to see him purchase from the market to increase his personal holding beforehand but it is what it is.

To be fair he’s completed a review and created a forward strategy pretty quickly so one would hope that we’ll start to see some green shoots soon

I always get hacked off when people complain about salaries paid to board members of some of the large charities but they forget that the good charities are run like just like any other companies and need to offer market salaries to attract the best talent to bring creative thinking, drive revenue/donations etc - There has to be something in it for everyone

a number of reasons and apply a helicopter view of their fund rather than line by line

Miton MicroCap has its own issues and as of May 2019 was trading - 17.4%

saying their share price doesn’t correlate to their actual value - so much more to come too

The alleged bid was made the day after once the FCA confirmed no further action

Rumours aside Drax who own Opus do have funds available and YU are a good fit for them - any suitors would have been waiting in the wings to see the outcome of the FCA investigation before making their intentions known

https://yugroupplc.com/investors/share-information/

contracted at December 2018 £88m with all of 2019 to build upon - growth will slow as they become more selective and improve credit checking but they will still have growth and they’re targeting gross margin of between 7.5 and 10%

No debt and building cash

price action as an opportunity - the fundamentals are all there for YU to make a swift turnaround

still be holding but has rearranged his investment vehicles and split his holdings??

Putting numbers aside, EVE are now well positioned with a great board with relevant online DTC experience and success behind them.

My immediate, back of a fag packet thoughts are....

There are a quite few operators with the bed in a box market - Leesa, Simba, Otty, Bruno, Emma, Tempur, Casper

All suppliers offer a fairly similar product offering so I think one of the main issues is how EVE can successfully differentiate to gain market share and create consumer stickiness.

Sleep influences so many aspects of our lives - physical and mental health, general well being, academic and work performance etc.

Currently we are heading to a mental health crisis across all generations so alliances and researched back narrative on their website and packaging focussing on the importance of good quality sleep is key - apart from their Refuse to Snooze garb which I think is too complicated for consumers to wade through there is not enough on their site

EVE produce products that benefit all generations but generation X, Y and Z are probably key with Gen Z probably being the ones looking to align themselves with cool, ethical brands

Focus on baby products - always a winner

Focus on backs and good posture

Build upon commercial partnerships with hotels etc but extend to Employers and schools offering discounts etc. Employers would buy into this big time in my opinion

Delivery is another big issue as I’ve seen countless negative customer comments re failed deliveries. This definitely needs reviewing as this stage of the customer experience is key - I like DPD myself, used extensively and love their app

Just my Sunday morning ramblings!

Note the reference to the purchase of Opus Energy by Drax

Broker note 2019 revenues circa £125m although this may be adjusted now as YU becomes more selective following the recent review, however they are currently targeting an operating margin of 7.5 - 10% which even if no growth came would bring profitability and they’d remain debt free with cash in the bank

https://www.google.co.uk/amp/s/www.investorschampion.com/channel/company-research/amp/yu-group-aimyu-a-huge-success-so-far-but-is-this-just-the-start-of-somethin

Drax who own Opus Energy

https://www.drax.com/about-us/our-businesses/

https://www.investegate.co.uk/cadence-minerals-plc--kdnc-/rns/update---macarthur-minerals/201905161452113095Z/

intra day Rns’s - sometimes at their peril!

Bought a few more today

are global, if we are successful with the UK the world really is our oyster with JCDecaux who are leading outdoor advertising innovation globally

Aerial

Congratulations, sometimes you just have to have a bit of faith!

No problem at all...... I’ve got a fairly large holding across several accounts. I continued to buy for quite a while but then stopped so still need between 5p and 7p to break even across all accounts. I had written it off mentally and focussed on other things but feeling confident now and thinking to buy more now I can see tangible evidence of progress being made. I think I initially bought into Prox in its heyday:-(

I think it will turn out to be a very good investment and our patience will be rewarded

Here here! I’ve held for what seems a lifetime; so rather pleased to finally see this turning out so well which is all down to Mark Slade

https://www.google.co.uk/amp/s/www.nottinghampost.com/news/business/yu-group-wants-move-forward-2871253.amp