Member Info for Chaebol

With a 12 % spread I’d worry who the buyers are, not the MM’s being able to fulfil orders or not.
We pay and we takes our chances especially with AIM. No good moaning about pesky MM’s or shaking the tree or it’s fixed etc. YU. Find themselves in this trouble due to the company not being able to turn a profit. The threat of them having to do another raise will come along in the next 6-9 months and obviously they are not gong to be able to raise at £10 a share again , those days are long gone. Based upon the margins of the last couple of years the enterprise value of this company is in negative territory and I would also say that 90p a share is well above the value of the company right now because of that. Fact is YU. Have lost 22 million pounds in the last two years on revenues of 185 million pounds and if the city knew this last year they would never have raised that 10 million and would probably be on the brink of bankruptcy right now. Legacy contracts simply mean another loss next year and some of those contracts run till 2022. An absolute mockery of a business that will surely go to the wall in a year or two. Profit margins aren’t in this business for small cos like YU. To change the landscape.

GLA

Can someone be kind enough to post the Ali Hussain story. I don’t subscribe to the times.

http://www.morningstar.co.uk/uk/news/AN_1568803281250919900/yu-group-shares-dip-as-it-removes-payout-as-interim-loss-widens.aspx

Enough said.

Because at 60-70p I’ll be sure to make a profit. Only looking to nick 20-25 % profit. All the multibag predictions are for the other stuntmen investors.

60-70 p By mid October. This will just drift down. Hardly any liquidity in this stock only the traders doing real volume. Those of you that said the rns is pretty positive are living in denial.

Put simply costs are 7.9% and profits are 3.2% that cannot continue. Even if they hit high single digits of 8, 9 or even 10% the costs will offset the profit. Like I’ve said I see value at 60-70p and will buy back in then. See you rampers then ;)

Wongtogo, you’re missing the point, the company increased dividends by 258% from a company that’s never recorde a profit and with the way it’s going probably never will. Dividends are paid to investors, however 53% of the dividends are paid to bk. No wonder they are being increased.... You also claim that aim market is a boiler room market ( then why invest in it) it’s BOD’s in the main that cause this opinion of AIM, so you can hardly blame MM’s in taking advantage of greedy BOD’s. See you under a quid and less ;)

Wongtogo, my forecasts have been a lot better than yours. Enough said.

Can see a downward drift the next few months. Will reinvest should this hit 60-70 p levels. Seems to me the more money the company generates the more money they will lose. BOD making 250 k a year and paying themselves dividends from a company that’s never recorded a profit.

GLA

Moneyspider, completely agree with you. 7-10 % profit margin will not cover the costs. Margins keep getting squeezed. Those loss making contracts run till 2022 in some cases. They heralded the water business too but they’ve had that license for more than 2 years and profit margins in that biz no more than high single digits. Just cannot see the growth of the company against the costs and profit margins. It was time to move on just happy I made some profit trading the peaks and troughs the last year. Hope you recover from your loss.

GL

Have traded this for a year Averaged at 67 p thought we may see a spike today. As we are not it’s time to take the profit and move on.

Even with high single digits that may come along in 2021/22 will those high single digits offset ebitda and make a profit....EVER? Fact is with its past the legacy contracts and so on doesn’t really make this a strong compelling investment. Will sell in the dip today and move onto other viable investments.

Woodfords still being paid 65k a day for running a fund that no one can withdraw from. He has made some very bad trades on this fund and is very doubtful the fund will ever run again. A very arrogant man who’s star has dimmed somewhat. The city is shorting and has been shorting a lot of his nvestmenta over the last couple of years and is now not Ben mentioning the company’s he’s investing into. Adios Neil ;)

When is the seismic data going to be released on verbier? From memory was going to be July ish ? Anything positive from that will also lead to a good spike ?

Yeh me too Ajax.... was livid with the appraisal drill results especially after the hardest couple of years I’ve had in the markets. Bit the bullet and bought more at 70p ish to gain a lower average. This latest news and rise has made my year and more. Delighted my gamble paid off but felt it would take 2/3 years to see over 200p again. Oil and gas game has high risks and high rewards.

GLA LTH

The rns is still pretty vague. What’s the profit margin, 6 percent on 100 million ? What’s the loss margin on the forward sold contracts that were sold for less than they were worth and how long do these truly run till 2022? Not convinced of short term growth. Price has fallen today as RNS like always is vague on what I mentioned above.

Throw taffy into the rampers mix too.

Brilliant so drop the case against Ahsani and the sons as they can’t extradite them and pursue a case against Whiteley.

Big rise yday indicates someone may be on the know....

Should the SFO pursue PFC then it’s political and not business. I wonder what the Ahsani’s manouvered for this shit show to play on. IMO SFO should be dropping charges against PFC as Unaoil we’re far more entrenched in illegal payments than PFC...... the show goes on.

The current SP is very disappointing to be honest. Considering how the FCA and the bad accounts mullered this SP and now those problems have disappeared and it’s 170p is appalling. This should be at minimum £4 so something else must have gone and that’s sentiment in the City.

Hopefully this gets motoring but I can’t see what more they can do to improve that.

GLA

Mainly FCA cloud hanging over it has now been cleared up. MM’s will have to set this free sooner or later.

Revenue up, losses declared and restated only thing that’s an issue is the forecasted profits but it’s in a lot better place than Tuesday.

Money doesn’t work for you.

You should go through all my Yu posts for clarity. Like I’ve said always had target prices in mind and punted 10 k on Tuesday afternoon as it had hit one of my projected targets. Like I also said have different opinions to most on here with yu. But thankfully we have all done very well.