Member Info for daveboy19

* £20M - apologies.

Very good post, IPC66.

I'm struggling with the notion that they would NOT pay the special dividend of 20p and have allowed the house broker to put the rumour out there? Just seems way too bizarre if it were so...no-one would trust the paper they were printed on in the future and that is surely not the intention. All will be revealed Tuesday. The wording of the TU says that considering a 'significant' increase to the dividend is 'part' of the CAP, so further endorsement there.

Nearly 80 odd jobs currently on the site nationwide suggests they have ample set aside for the growth of the business as well.

19th - 22nd is then pitching to II's, HNWI etc, so something for everyone it seems...

Good luck all faithful long-termers and best wishes.

Plus this from SP Angel in their latest February note:-

'With a cash rich, debt free balance sheet, Yu Group is in a position to consider how

to optimally allocate its capital base. We believe this could include M&A

activity and other growth initiatives, but also cash returns to shareholders. '

2227,

Liberum have 'speculated' both - £20M for a special dividend and £62.5M for growth (M/A's, bolt-ons etc from BK previous quote), so the market should be very happy in theory, lol!

Sounds like the logical conclusion there, ipc.

(I was in IAG when that situation occurred. They paid the special as cash was there, luckily before COVID did the rest).

It does provide clarity going forward for when they approach II's on the road afterwards.

Some TR-1's late March/early April and a main listing would be acceptable!

Have to agree with you there - if it doesn't happen now, there will be a disappointing reaction on the day. Once again I have to wonder why they would come out with it off their own bat...

What would they do with the cash otherwise? £62M is already ample for growth ambitions surely. Plus Q1 revenue incoming.

Definitely. I would be very surprised if Liberum would put out a £20M special dividend speculation rumour on their own without any guidance from the BOD...

Therefore, a no-brainer to hold steady. Where else is better atm!

As correctly pointed out earlier, it's actually a bit on the light side with £62M available after the buffer!

Could do with an 'off AIM' RNS into the mix as well.

GLA.

Excellent post, NG. Lays it out rather nicely.

Agreed - I remember NG saying a few months back even that they had got some big names on board and a domino effect could now occur with this Shell tie-up in place.

Very exciting and fair play to them. Reaping some well- deserved success now the groundwork is accomplished.

I guess that's why they now also have loads of vacancies to expand with all that extra cash on top salaries.

It's still sinking in here how huge this is.

62 million of spare cash for distribution after the 20 million buffer...

20 million special speculated is approx £1.19/share - wouldn't II's be all over this next week and beyond IMHO. Can't see where else you could get such growth potential with a juicy roi like that.

Ridiculous being the equivalent here of £42 ...

I know a person who was in a similar position in 2015 - they made him a ridiculous offer and he sold.

Morning, NG/All,

' It's so exciting, there are so many things that could inject rocket fuel into this share price.'

I didn't realize you meant the very next morning!!

GLA.

Totally agree, NG.

19-22 they go pitching to II's - very exciting.

Share split, off AIM and a buyback - dreamy !

I wonder if the full March results and declaration of a 'significantly' enhanced dividend (20p?) will be the catalyst to unblind the wider market...

They're pitching to II's 19-22 March...

Ideal scenario is they take up a decent chunk of the free float to prevent any more repetitive trader action.

As BK stated he was frustrated with the sp action, this could be him addressing it with great figures/hefty divi increase behind him.

That's why I'm taking it as positive news that the CEO/CFO are going out to meet potential new II's after the FY results are announced. It would certainly be very interesting if they came in and took significant stakes after meeting the Board members and seeing the story unfold. It would have the extra benefit of placing more stock into sticky hands thus making those regular games we keep seeing far more difficult.

(Thanks again to New Gacky for providing that info some time back).

I'm favouring March, when they announce a 30p dividend + a one off special due to the extra flow-back cash received of £50M.

As PR said they wanted to keep £20M of cash on the balance sheet, with ROC paid, it would leave an excess of approximately £30M, (also H1 revenue incoming).

Pointed out already is that 30p is just over £5M - so potentially £25M to play with!

That special would IMHO be the catalyst to send the share price to it's more correct valuation. The board say they are frustrated with the price, so there is the perfect opportunity to deal with it once and for all!

Now 40 meter engineer jobs nationwide.

They won an award for top employer last year, I believe.

Net cash 2024E - £100M!

Tasty.