Member Info for Discodave4561

Sparky Pal

Meant to add, if it’s so chuffing cheap why is there no share buyback and why haven’t any of the BoD been backing up the lorry. Oh hang on, the ex CFO sold over half of his shares as did the MD of metering.

As for JPM, never said they would be short forever, but they clearly see more downside than upside following those mediocre interim numbers.

Sparky Pal

So nothing to say to support your expert opinion that there will be a recession and it will not impact your precious YU, you didn’t quite think that one through did you!.

As for Lib and SP Angel, they are NOT INDEPENDENT views, they are paid by YU to promote the business, to be positive and entice folks into buying the shares - Lib are house broker and SP are not independent as they always state in their notes (but I forget you only see what you want to see).

Folks should also check out charge for YU assets that was registered on companies house as per the Shell deal and the covenants, which if they don’t meet all of them (not just per liquidity) then they take all the assets of the business.

Any view on why the £15m loan facility when they have oodles of cash? - well according to their interims it’s £109m less ROC of £53m, by my calcs that net cash £56m isn’t it?.

Sparky Pal

Why can’t you support your views with regards to a recession and the impact on YU?

You believe a recession will be positive for YU?, why?

You were in support of what NewGacky posted here, including the £100 a share prediction. You never disagreed or challenged, in fact you constantly posted up praising what NG posted, namely the ridiculous £100 a share when they achieve 7% market share,

As posted you keep ramping and I will keep on pisting my views, after all that’s what these boards are for arent they.

You were posting for ages that JPM were going to close their short, they’ve now more than doubled their position and you posted sweet fcuk all, now pisting once again they will be closing, why is that?, why did they double up two days after the interims?, why did it sell off yet again?

Why have they taken out a £15m debt facility if they have so much distributable cash? - they don’t, but you won’t accept that they have a liquidity covenant because you don’t know what liquidity means!.

Sparky Pal

Please explain - YU adjusted EBITDA H1 only +4%, British Gas business supplying adjusted EBITDA grew 15 fold, why is the growth so low at YU?

Sparky Pal

You believe there will be a recession in H1 2026, so please explain how you think that will impact YU, or are you saying (which I believe you are) that a recession will have zero impact, so why don’t you post up how that will be, a business supplying energy to small businesses won’t be impacted by your forecast of a recession?. You basically have an opinion, which is fine, but you aren’t prepared to substantiate how this opinion will impact YU earnings, credibility zero.

Simple question, so answer it.

You were also ramping this to £100, which is a complete and utter joke. Do you still think it will happen?, crazy.

Sparky Pal

So H1 2026 there will be a recession, and you think YU won’t be impacted?, please explain.

You were agreeing with NG and SNN that this would be £100 a share by 2030, strange that none of your brokers are quoting any such target.

Where are NG and SNN now?, nowhere to be seen, just hope mug punters like little pip boy didn’t believe that tripe.

You simply can’t accept any alternative views here, this business was only profitable because of the energy crisis, now energy is normalising their growth is minimal and I still contend when energy has fully normalised this will struggle to make a profit. Smart metering won’t help but you can see they realise they need additional income streams because supplying energy at a profit will be short lived.

Let’s see when the tango man across the pond sorts Putin out next!/

No £9m early ROC contribution this year, and up pops a £15m debt facility, thought Rawson did a £5m debt for Smart metering, must gab=ve missed this additional debt!.

All that cash, apparently, and now drawn down £8.3m of this £15m debt facility. Doesn’t add up to me, but hey folks keep banging on about all their distributable cash, pfft.

Sparky Pal

You post: am now more convinced a recession in H1 2026.

But ramp broker notes and a target price of £26. Don’t you think a recession for businesses will hit income and earnings for a business whose customers are 100% SME’s!. You don’t seem to understand what you actually post!.

Sparky Pal,

You do post utter rubbish, net cash post interims is not £109m, how about the £53m payment, thus c £56m .

The higher their Rev the higher their working capital, have you checked their WC requirements from their stated numbers or do you just go blindly on what paid rampers say, namely the brokers who are paid to cherry pick the numbers and ramp the stock.

Let’s hope higher contract values do pick up in H2 otherwise IMO hitting consensus eps for the year will be very tough, they need H2 to H1 growth of 18%, last year it was only 10% when UK gas was up 19%. Why do you think JPM more than doubled their short after the interims?

Schroders have only increased 1.2% not the 5% you were posting “boom” about, have you forgotten they already held 3.8%, you even posted that up here some time ago, pmsl.

As for broker target prices, about as useful as a chocolate fireguard, they never state by when and again they are paid by Bobby boy to ramp the business. Note how he has been told to stop moaning about the lack of investor interest!.

You keep ramping and I will keep on being negative.

IPC

PM sold down didn’t they, believe the spin I don’t, if 100% conviction you don’t sell down, you off load elsewhere.

As for Schroders, they increased 1.w%, already held 3.8%, yes it’s positive but as posted JPM more than doubling their short list the interims can’t be seen as anything other than negative, but folks here decided to stay quiet on that front.

The market completely disagrees.

Consensus is c £21 that’s a FY25 PE of 10x, which is pushing it IMO.

Anyway, you Sparky we’re ramping NG’s £100 a share!, fantasy land.

Post interim balance sheet net cash only £53m

Support looks to be around 1450.

Not much momentum at the moment.

Boom!!! pmsl

Yes they’ve increased by 1.2%, a vote of confidence but wouldn’t say it was “massive”.

So when Premier Miton were off loading and JPM more than doubled their short then ergo these were votes of no confidence, but hey ssshhhh we can’t post negatively here it’s not allowed! :)

Make that they previously held 3.8% according to the YU website…….or are you saying that’s false info Sperky Pal, pmsl.

What a numpty

Schroders already held 3.6% according to what you’ve posted previously from other sources.

Why the boom ffs?, everytime you post such comments it falls.

Don’t see the business buying any shares, you mentioned brokers explaining why, but the market doesn’t believe a word or that they will hit your £20 to £30.

Sparky Pal

The CEO founder and major shareholder has been moaning for a while now that the business is undervalued, they have cash on the balance sheet, so why hasn’t Bobby boy substantiated his views by buying shares when they are cheap , any amount, £5m, £10m, nope they haven’t bought a single share, ask yourself why?. No doubt they are looking to grow via acquisitions, well again they keep saying that but as yet diddly squat.

Their “warchest” as you put it definitely isn’t the net cash they keep spouting, far from it. You should know by now that Bobby boy is all mouth, just like his emphatic apology about comms to the market that still hasn’t been fully addressed, it’s marginally better but that’s not saying a lot.

Sparky Pal

Suggest you read their statements rather than the paid forecasts from brokers.

Working capital at their interims was £71m, at FY24 year end it was £41m. Obviously it will fluctuate at every given point in time during the year, but as revenue increases so will their working capital requirements. Don’t really take notice of what the broker s-it’s, it’s there in black and white if you could be bothered to read their balance sheet, actual data not forecast data cherry picking.

You blindly believe what brokers say, a proportion of their cash is in effect ring fenced / non-distributable because of their liquidity covenant, you know what liquidity means don’t you, it’s cash, theory have minimal current assets to cover any such liability IMO.

But hey, you believe what you want, that this business is the best utility in the world (it’s not) and I will continue to go with my research and maintain that they are no longer a growth business, its only been profitable because of a black swan event and it will struggle when energy fully normalises.

Smart metering is a decent part of the business but it’s minuscule and will also falter in time.

Try doing some of your own research rather than taking everything that non-independent brokers say, it’s their job to pump their employers business.

Don’t flatter yourself, you couldn’t upset me if you tried. You are so false and hypocritical.

I congratulated you, you had a childish dig and you seem oblivious to that.

Yeah right all the best to you too :)

Robbie talking his own book as ever.

They’ve allegedly had surplus cash for over 18 months now and no sign yet of any buyback or acquisition, if net cash is only £53m then not much for distributing IMO, they were paying £50m_£60m cash collateral to SmartestEnergy when their energy requirements was a helluva lot lower than it is now, so IMO their liquidity covenant takes precedence and can’t see the covenant being too much lower , why would it, or do folks really think that Shell are happy to take all the hedging risk just for minimal margin, get real.

Robbie does very little research and relies purely on followers when he ramps his stock. JPM are the ones to take notice of not him.