Member Info for MKS123

Yu Group as a business looks to be a winner from.the current environment. The SP, however, doesn't follow and I think that is more to do with such a small free float. Pros and cons. Ultimately, I follow the view when investing that the SP will follow the company. Performance wise, Yu has done very well. I'd expect them now to pitch themselves as a reliable supploer since business credit balances aren't protected with the likes of CnG et al

Article from last night in cityam suggesting CnG Retail is next in line to seek SoLR. That's a lot of SMEs looking for a new supplier even after being assigned someone. CnG didn't get viable bids apparently.

CnG to leave wholesale gas supply market by end of Nov 2021... should be interesting now to see if their customers find alternatives or just fold

Shell Energy got the 3 from last week...

What came from the Friday deadline? I've not seen anything. Has anyone else?

Daligas gone. Must admit I hadn't heard of them... huge opportunity for Yu to grow organically here as SMEs are forced to thinknabout their supplier. CNG will be the big one...

BK would obviously be tuned in. The full 40k would be awesome but even a slice would be good. Is it possible for the 40k to be shared? Either way, Yu is looking strong with cash, no debt, hedged wholesales etc so one way or the other you will have SMEs searching for energy contracts with fewer suppliers.

The article suggests more suppliers to collapse beforè end of October. These could also have SME contracts to be taken over. I really do see Yu as a winner from these circumstances. The Smartest deal is proving invaluable again.

Surprising to see though Pure Energy, backed by BP and CNG backed by Glencore, giving up. It seems the appetite from bigger players is not there for SMEs. This will play into the hands of Yu and Centrica I think.

https://www.bbc.co.uk/news/business-58903122.amp

Pure Planet and Colorado gone.
CnG mentioned as well...

Movement on good volume as well... little board chatter... usually a good sign

Inflation is still the driver for me it should be at least. With macro news pointing to higher inflation, I'm surprised at the low PoG. Today's rise has more to do with broker upgrades

There was an article on energylivenews site in recent weeks about how business energy tariffs are at the highest on record (only going back 12 years from memory)

In any case, the real question is what Yu is paying for wholesale price. The retail price is easier to capture but Yu isn't forced to take loss making contracts and they've veen focussing on getting out of their low margin contracts also

More in the pipeline it seems including Whoop Energy

Ampoweruk owes the most, according to Ofgem, with an outstanding bill of £3.6million. Goto Energy owes £2.5million, while Colorado Energy owes £883,000.

Business-only provider Whoop Energy owes £56,300 and Home Energy Trading £2,500

Robinhood and citadel have taken a stake in amc. Big acreen cinema isn't dead according to some. Good reviews coming in for Bond

The general sentiment would be steer clear of utility retailers right now from traders. For LTH, a company like Yu that was naturally prepared for wholesale price fluctuations, will see benefits eventually. BK said as much. Fot shrewd investors new to Yu, I'd expect them to see Yu as a winner in the new supplier landscape. Otherwise, more suppliers are rumoured to fail this year

Centrica is not just British Gas. Spirit Energy wìll be benefiting from current prices. Centrica has a strong balance sheet etc. So will be fine

Octopus were looking at Bulb but it could still be bulb if Octopus can't make a deal work. Another is C&G, a fairly large pure gas play. Of the big 6, I don't see how they can't weather the storm. Centrica has a E&P including gas so it's making more money for current prices.

Anyone on this board have more info about the times article involving Teneo? The article was published late yeaterday. It won't be the big 6 so could it be CNG?

Came in mid morning on Halifax and AJ bell. Gold is rising qell today and USD falls against major currencies...

SP Angel note out. Targwt remains £5. All very positive otherwise

I'll keep an eye out for news articles and RNSs. Christmas is always a busy time for grocers and if there are fundamental changes to the industry, be it labour or energy or transport etc, M&A often follows...