Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hope Yu can hold on to all of them and cross sell some water also. Yu is sweeping up customers and so I'm surprised the market hasn't taken notice and the SP isn't higher. The low free float doesn't help. As a business, it seems very well run and the results and SoLR status prove that
Sure; the article focuses on domestic and this isn't Yu's domain. Some of the problem suppliers may have business accounts and whether Yu gets SoLR again or not, fewer competitors is still good for the long run... I see we're on the same page on that. The important part of the article, for me, was really that suppliers are still in trouble and that 2022 will see more fail.
Article on energylivenews website today about the state of suppliers... not looking good for up to 12 more for now and with wholesale prices staying high, we may see more failures like Together Energy in 2022. All bodes well for Yu even if its just sweeping up customers organically whose supplier fails
2022 is set to enable the Group to continue to scale rapidly and benefit from the associated economies of scale
With wholesale gas still super high, and the whole Ukraine thing playing out, I see Yu continuing to benefit and competitors fail well into 2022. Yu doesn't need to be selected as SoLR tbh. The organic growth and customers look around and see fewer options will do fine
Piece on the bbc this morning with quotes from the Centrica boss... higher bills to hanger around for a while because of higher gas costs, which don't look like they're going away soon... further consolidation from the looks of it... I've seen reports of a Warrington council backed supplier could be next....
Awesome news and confirmation that Yu is in the hunt for more customers and on Ofgem's radar as a SoLR. A little apprehensive about taking domestic clients. I don't see it difficult from a processes perspective. Yu don't generate energy afterall. They're just a paper based operarion. But non-domestic is where the profits are.... it would be awesome if Yu get CNG. Even if they don't, we're still looking at fewer competitors going forward
"Additional customer book will add scale and is immediately earnings enhancing
· Customers already seamlessly integrated to Yü Group platform
· Testament to strength of Yü Group and the robust systems and processes in place"
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