Member Info for MKS123

Plenty going on to have people just cash in and get out of equities. I'm a LTH and not selling. Unless Yu customers need to close bsuiness in the UK then I don't see Yu a major loser from covid or cheap oil

On balance, lower oil and gas doesn't work for Centrica. It has large debt that it was going to sell energy assets to help with. While consumer divison will benefit, the relatively little uptick in oil and gas today isn't enough. Saudi will pump above capacity from April and Iraq has lowered its oil prices as well. What tou want is a pure utility retailer that will benefit from lower wholesale energy

Spirit energy is worth a lot less now.

Yu has held up relatively well compared to wider market. Covid-19 and now the opec squabble are putting downward pressure on wholesale energy prices. This bodes well for energy retailers like Yu.

BOD can't yet quanity covid-19 impact so I'm unsure as to how they can keep profit targets. Insurance I would have thought would also been under pressure after recent storms just like Direct Line reported

True. Global issues will normally put downward pressure also on wholesale energy prices, oil and gas etc. The only real issue is if domestic UK businesses cease trading for whatever reason and leave unpaid bills to Yu. Debt management is something Yu have worked on and is a constant consideration anyway

I've not heard anything but was going through smartest site only yesterday for a short while... buying energy via them should do wonders for providing ROCs going forward in the short term... Also, a good idea would be for smartest to just buy Yu like they did Dual and have Yu continue to run as Yu (as per Dual tie up). Dual/smartest started off with a working relationship much like Yu now has...

£50.05 buyout, 0.471 ROC/MWh... up on the buyout, lower on the obligation...

Good use of existing personnel. Not sure why people trade 1 share though

Good news for households that for whatever reason use default tariffs but further comfirmation of lower wholesale prices for Yu as well. Gas hit 10 year lows in September at 24.75p per therm!

True. Quite a but in ofgem's release yesterday about increasing EV capacity as well...

Brexit and the general economy are linked and are a threat to Yu like any other company. Not because Yu exports but if client SMEs do then this could be a problem. Yu is right to focus on debt collection and target a controlled approach to growth. At current SP, Yu is undervalued IMO even with brexit. With brexit puahed back so much, I anticipate some sort of deal anyway

Wider media outlets starting to report on the same now. Good for its own visibility

Some profit taking going on, which is understandable from short term traders etc. but market clearly likes the update. Everything in it points to Yu having a solid platform today to build on tomorrow. Buys going through for over 140

Here's hoping some more LTHs see the value here. I strongly suspect to see a return to Yu paying dividends this time next year or sooner. Always good to have company staff and shareholders' interests aligned in terms of SP and div

I agree. Many would have waited for some more evidence that Yu's actions were working. I feel today's update shows just that although I've invested a while ago and am a LTH. Only yesterday in CityAM, updates were given for Ovo and Octopus I think and the new challenger energy companies seem to be doing very well. Yu is in the higher margin business energy as well, which is better

The details today further stress the importance of the SmartestEnergy facility... with wholesale energy prices going down and looking to stay low, the margin calls were more of a birden than any RO payments. This has now been "fixed" and is scheduled to benefit Yu during H1 2020. Very good news.

Quality update and showing Yu is going in the right direction backed by actual numbers now. I look forward to more details in March. My favourite bit from today's RNS is: The monthly average bookings have increased from £3.2m in H1 2019 to £5.1m in H2 2019, and this upward momentum is expected to continue in FY 2020.

RNS needed since they actually "agreed the commercials".... Business update from previous years is not until 29th to 31st Jan so too early yet. I like BK's comment. All round another solid RNS showing a positive future for Yu

I see Brook Green Supply have done something similar with SCMI as reported today....