Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not really. Gone above £10 and expect to see 52 week highs now. The divi is progressive and the cash backs up that policy. I expect more IIs to take notice, which will drive SP further.
Cashing out is part of the system so expect sells but I expect broker forecasts to increase given the new records set today
Fantastic numbers. Progressive divi. Paid the £15.2m ROC and still loads of cash leftover. Looking good for the near future
"The ambition of achieving revenues of £500m at a 5% EBITDA margin is no longer a stretch target for the Group, with the margin target already exceeded and as such management will re-evaluate its ambition for 2024 and beyond."
Solid update and bodes well for the future. LTH here
Former director lowers his holding slightly but still this is going up steadily. Bodes very well for the September update. I expect dividends to play a big part of the investment case going forward for IIs in particular. The analyst TP is conservative IMHO. II interest will drive the SP further
We see revenue and profitability growth in FY 23 and beyond. We are as excited as ever about the future of Yü Group and remain focussed on exceeding our previously stated £500m revenue target and increased 5% EBITDA margin."
Fantastic numbers and cash. I'm expecting an increase in dividend very soon. This is just about scaling up now that the hard graft has been done. Still such a tiny player in the b2b market
Another point worthy of note is they're raising expectations after already raising expectations and setting new records. No idea why holders would sell at this stage even with the macro environment for investors being shakey at times.... this is one for the SIPP
"material benefit in reducing levels of bad debt and driving strong cash collection"
Great albeit brief update... TUs aren't for specifics so the key updates are there. More revenue. More profit. More cash. Very impressed.
Very strong start to 2023 with average monthly bookings significantly ahead of the record £24.5m in FY22 and contracted revenue of £247m as at 31 December 2022 for FY23.
3p is the div allowing the Yu to have the money for more M&A. All-in-all, a top class update
Div is "when", not "if". BK and others will benefit so I'm anticipating it will be in 2023. Macro state is not changing any time soon. High wholesale. Failing competitors. No debt. Business support from the government likely to be extended.
"I'm proud to confirm our key financial KPI's are performing well and have exceeded our forecasts following two recent upgrades. Revenue is up by 96%, cash in hand has increased 37%, average monthly booking have increased by 49% and EBITDA has jumped over 400% compared to H1 2021."
Fantastic numbers and a progressive divi in the near future. Finances look very healthy
Peace of mind today for those who needed it before 27th. Nice RNS although unexpected for me. I was just waiting on 27th. Good to know latest ROC is done and unlikely to be anywhere near the 15m some people here were writing.
I'm still looking out for more competitors to fail and for this to benefit Yu. The new government help, referred to today, is going to potentially make H2 huge. The period of high wholesale prices isn't over and could get worse (for unhedged competitors) during the winter
Didn't see this coming but I must say Micro was a long term hold for me based on current SP and div.
I'd suggest Yu Group. Cheap and growing and a very well-run business utilities supplier. I expect it to be a winner from the current energy crisis. Centamin for it's dividend and growth potential. Or a bombed out Ukraine based companyblike Ferexpro. Alternatively, travel stocks have still not recovered from covid