Member Info for MKS123

Some good coverage today on the FT today about UK energy market and gas availability. Looks like there is little upward pressure on wholesale energy prices this winter. Good news for Yu.

Positive start to opening 30 mins. As much volume as normal daily average (numbers as per the FT). Not that I'm complaining wince I feel Yu SP is low but why now? Is it because the 31st RO deadline has now passed or are there updates due? Energy EXPO also today in London

Should get a few market updates soon. Breeze energy don't look good now either with £1.8m RO owed. Details on ofgem website.

Nabuh next in line with £850k RO payment outstanding. Details on ofgem website today.

Moneyspider, you're right actually. RHE do sell business energy. My mistake.

Moneyspider, Robin Hood is not in competition with Yu and was set up by the Nottingham council

Looks like GnErgy is the next to go. Robin Hood Energy and Delta have made their payments

I do too. Near future being 2020. Yu's own actions and the business utilities niche its in both warrant a higher SP.

Looks that Robin Hood Energy have secured a loan. Might get updates elsewhere by this Thursday. Good news for RHE and the RO fund. Not many business accounts between the lot of them to help Yu. Keeping the RO fund funded helps though.

Positive RNS: good for the industry and good going forward for Yu. Yu has made all the right noises on this front and there is nothing shocking in what Ofgem propose.

Total just announced 37% stake in Adani group for LNG to eventually supply 6m homes and with renewable solar projects planned for the future. Big oil groups are not letting up... good article on the FT today

Volatile/falling prices yes... not stable low prices is what I meant.... low wholesale prices in general is good for Yu

Don't agree momeyspider with Yu running out of cash and having to sell. They're adding cash in the bank all the time and wholesale prices are still relatively low and looking to stay low or go lower even. There is a good article on the Guardian today about renewables in the UK. Forecast oil and gas prices remain low into 2020 and 2021 according to the IEA. So long as volatility remains low, the low prices are good for Yu and reduce margin calls like the £3.2m they paid recently to their trading partners. If BK had to sell, he'd be kicking himself at the long term potential in the UK energy market for SMEs

Yep. Nothing is certain with any company. Plenty of time to track progress from now to 2021. And plenty of macro and micro stories to impact Yu in the meantime. Positive and negative

From tecent RNS from Yu for H1 2019.... Adjusted EBITDA loss of £2.7m, an improvement of £2.6m on H2 2018 loss of £5.3m (H1 2018: £1.0m loss following restatement)

Otherwise, overall profits are expected in 2021 itself.

The ones going bust are focussed on domestic energy. More are under review currently. Details on ofgem website

Perhaps MMs are naked shorting since there are so few free float shares for IIs to actually sell. The major shareholders page on Yu's website doesn't show IIs are selling.

Ammu, to say Miton are selling is complete guess work and based on nothing. They retained a stake because they felt Yu was undervalued. They said as much in RNS. If someone is selling, then someone is buying as well. Its not all one way traffic all the time

EMC, Why is the 79p sell ominous snd not the 83p buy for 20k?

How has it lost II trust? Only Miton has sold this year and they have covered as to why in that fund's RNS history, which has been discussed in this forum as well. Suppliers outside of the top 8 in the UK business energy market are gaining market share. Have a read of Ofgem's market report 2019 for more details.