Member Info for Discodave4561

Sparky

I’d posted that all Bobby has in fact jeopardised is the share price by selling his option when he did.

You don’t seem able to grasp that Bobby was given, as the sole founder, 72% of the issued shares when this listed. Has he ever bought any shares on the open market?, nope not from my recollection. So he’s now down to c 51% and clearly doesn’t want to give away his majority, even if he wanted to sell in any volume he would need to initiate a discounted secondary placing, but the main thing is he defo doesn’t want to lose his majority power. So he’s now down to selling options that he’s bought at a discount or given gratis rather than go below 51%.

Of course the business wants to top up their shares for future options hence they dipped into their cash to look after themselves for their future wealth. That’s how businesses / the BoD operates with most / all listed companies. To talk of them being unethical is naive IMO.

Yes Bobby can sell whenever he likes, have no problem there, he deserves some reward (even if he does get a very nice remuneration!), it is the timing and the value that I’m negative about for the reasons I’ve posted.

Sorry Sparkys but what you posted it’s utter nonsense. And you haven’t even bothered to explain what you meant. He DID NOT jeopardise his 8m holding buy selling fully his options. What the fcuk are you on about.

I’ve not twisted anything at all, unlike you I’ve posted up facts and my opinions based on those facts. Which other folks can and will form theor win opinions, but you are posting up just rubbish that you can’t even give any explanation for.

Check out their FY24 AR, it’s all there regarding the option and it was fully vested, so he had until April 2027 to exercise. He chose to sell when he did and I’m taking the view that his selling was a negative signal, nothing more, but just based on the facts and his timing. How anybody can take such a sell trade as anything other than negative is beyond me. As posted previously if he’d bought £5.9m of shares it would be a very positive signal but for folks to say the opposite doesn’t stack up is pure hypocrisy.

No twisting of words Sparky, just facts. So again how the fcuk is Bobby jeopardising his 8m holding?. What irritates me is you haven’t the decency to hold your hands up, not about this but every other piece of rubbish you’ve posted that I’ve challenged.

You can’t even admit that British Gas has clearly outperformed YU in the supply to SNEs and smart metering. You are one blinkered individual.

Sparky

Please be so kind to explain your comment about Bobby jeopardising his 8m over his 300k option sell. Because IMO it’s utter nonsense what you have posted. And I will gladly retract that if you can support your comment with factual evidence.

As for a JV or partnership, as I’ve posted they may outline a proposed strategy but under AIM rules they would have had to inform the market asap if they have already signed up to a JV or partnership (believe it’s Rule 11). So it is likely IMO to be just a plan outlined in detail, rather than any significant announcement. There’s also the contract with Shell to consider.

Sparky

“Jeez the man must mad to jeopardise his 8m fo the sake of 300k sell.”

So Bobby had his option fully vested in FY24, had until April 2027 to exercise but chose 2 days before a finals closing period deadline to sell the lot, a nice £5.9m.

What did you mean when you said the above?, he jeopardised absolutely nothing, well apart from the share price itself but hey he clearly doesn’t give a monkeys about that, kerching kerching.

Your statement, like a lot of others you post is completely false and misleading. Just like your ignorance about British Gas knocking spots off YUs performance.

One last point Sparky RE Bobbys share options.

They were fully vested and options from April 2017 and October 2020. There is usually a 10 year expiration period so he had until April 2027 to exercise these options. Bags of time, and will repeat he could not exercise in a closed period, but he could have waited until after the 17th March.

So why as you say would he be jeopardising his 8m for the 300k options he sold?.

A strategy to increase market share - they’ve been implying that now for a while, so they could simply be outlining a more detailed plan of how they intend to achieve this. Looking for acquisitions, again they’ve said that for a while now.

Personally I’d still like to see a buyback, but that doesn’t increase market share, but it does or could significantly increase bottom line earnings, a lot more in the short term than an acquisition IMO.

It is intriguing though, to see what they are going to say.

Sparky

I said I was looking for a SB long if the price dipped, it’s now dipped but having looked at when the breakout and momentum occurred coinciding with JPM buying and Bobbys sell being mitigated by the business buying his shares (with company cash), etc. IMO the rise was all down to these trades, so I sat on my hands. Not short now either as this will settle at support, nearly there.

Bobby had bags of time to sell after the 17th, chose not to.

Yes JPM closing is a positive but as posted numerous times Bobbys sell trumps JPMs buy, by some margin. If you want to see it differently then fair enough, but again please cut out the insults, they show more about you than they do me.

So how do you think their plans (and IMO that’s all they are, can’t be an acquisition or partnership can it otherwise they would have to have informed the market asap) for strategic investment is going to be funded?. IMO there will be some cash but also some debt too, depends on the split as to how it will be received. All IMO DYOR.

If the ex CFO and CEO are selling then why the chuffing heck shouldn’t PIs sell?.

Sparky your constant attacks about idiot PIs selling is embarrassing.

Meant to include the date of Bobbys sell, 13th Feb. Closed period deadline 15th Feb.

If you say folks are panic selling wtf do you think Bobby was doing, oh silly me, that’s obviously different somehow. Too many folks on here wearing rose tinted glasses. I’ve never in all my years seen how a CEO 7 figure sell prior to finals be views as anything other than a negative signal. Yes could be absolutely nothing in it at all, so why didn’t he and the ex CFO wait until after the 17th March?.

Back on form Sparky, slagging off any opinions you don’t agree with.

JPM start to close 2nd Feb, start of sustained upward momentum

Ex CFO and HR Director sell 5th Feb and the CEO sells for the very first time in 7 years options worth £5.9m, he sells and the company buys, along with JOM still buying thus maintaining the momentum.

Ask why?, why did Bobby sell such volume / value within 2 days of the closed period deadline. He’d sat on these options for a long time.

Yes this was overbought soma pullback was on the cards, but down nearly 10% in two days with no news and it looks like even if JPM were still buying it’s had zero impact on the sp action.

Market sentiment - a £5.9m CEO sells and off (the first sell he’s done) v JPM buying c £2m max, no contest IMO.

As posted so many times, please cut out your personal feelings about another poster.

IMO we are now seeing the impact of Bobbys very poorly timed £5.9m sell off, which was primarily mitigated by the company buying his shares and the start of JPM closing their short.

Breakout started 2nd Feb, JPM started to close 2nd Feb.

Sentiment! thanks to the CEO.

The sustained upward momentum occurred from the day JPM started to close, it’s now got little support by the looks

of it.

Yes them closing is / was positive, as seen in the sp action, likewise it was supported also by the company buying Bobbys shares. But I still maintain a CEO sell of £5.9m trumps a circa £2m max buy by JPM.

Obsession with PIs selling doesn’t make sense at all IMO.

The CEO selling c £5.9m would not have helped sentiment one bit.

So JPM boought c 31k shares yesterday, total volume c 57k and the price didn't move (1940 was gap up from previous days UT).

Now below 0.5% at 0.44%.

Reducing before the March results, but are they going to fully close?

Going on the trades they've made this week it's not exactly put a fire under the share price so guess even if they sell out completely it's not going to do much now.

IMO they won't fully close but no way of knowing.

Let's see what the price does now without too much support from them buying.

Bord Gáis Energy and Business energy supply adjusted operating profit of £200m was at the top of the range.

Previously I posted their forecast was £100m to £200m (mid is thus £150m). So a beat by 33%. Bear in mind YU slight revenue and cash miss to forecast and will know how they did in terms of eps in a few weeks time, but very much doubt it will be ahead.

Sorry Sparky but dismissing British Gas as a true comparator, rather than TEP, is missing how the competition are performing compared to YU. Not saying YU aren’t performing well but no where near as well as British Gas in terms of Smart metering and SME energy supply. Hopefully their growth strategy will address their comparative performance and be earnings accretive fairly quickly.

What shade of green is that?

Folks should definitely check out postings elsewhere, stalking comes to mind.

Anyway, I posted up the results for British Gas Business Energy Supply as the Centrica results were flagged up on another BB.

The Groups performance wasn’t brilliant but as posted the part of the Group that has now refocused their strategy to supply SMEs rather than larger industrial / commercial customers is as can be seen doing remarkably well.

And sorry to say this part of the Centrica Group is outperforming YU.

British Gas Business and MAP Prelims: Will leave it up to others to decide whether or not British Gas are serious competition, performing better than YU or worse and are serious competitors or not.

Meter Asset Provider (MAP) - outperforming expectations. Fastest growing MAP in the UK, with over 1.6m meters now under management. Adjusted EBITDA from 2 million pounds to 25 million pounds! Wow. Business Energy Supply adjusted EBITDA up from 31 million pounds to 60 million pounds, virtually DOUBLED. Bord Gáis Energy and Business energy supply adjusted operating profit of £200m was at the top of the range, supported by a strong Business energy supply result. Note STRONG BUSINESS ENERGY SUPPLY RESULT!. In Business, our pivot to small and medium-sized enterprises ("SME"), alongside our continued focus on operational delivery and migration of customers to Ignition, is helping to support strong profitability

Does look like JPM are capitulating prior to the finals. They have called it pretty badly in truth.

My gut feel though is they won’t fully close, could go below 0.5% (save face) and hedge for a possible sell on news (or for longer term play - sorry but it’s still my play as well). Who knows though.

It is IMO their growth strategy rather than the FY numbers, combined with how price momentum plays out up to results, that will depend on the probability of a sell on news.

Sparky

Indeed they do.

So they ought c 3440 shares yesterday, the sp went up 0.7%. Be interesting to see if they bought any today. Not negative point but when they stop buying what will support the price.

Also worth pointing out that the FCA no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero.

Lovely shade of green :)