Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I recently bought in again to take advantage of the drop. Convenience and supply chain problems could prpvide short term catalysts including this just being bought out...
Any idea on today's rise though?
Solid RNS. From all the stats about increased margin, monthly bookings, cash and profitability, the bit I'm most pleased about is actually "discipline is now firmly stamped into its fabric and our drive to transform into a data driven, 'digital by default', ".... a company that is well run, where mgmt have interests aligned with shareholders, the SP will follow.
M&A in the right circumstances, not out of desperation, is still on the cards. The wholesale price surge and B2C stuff has been put to bed although Yu shareholders on this board knew the difference anyway.
I'm hoping for a return of buyers for the LT. The mcap for Yu at current prices is too low. I topped up when this fell to 200 and I'll top further once funds are available. With the sector consolidating, Yu has the potential to be one of the winners. The Smartest deal, which I don't think at the time was properly appreciated, is proving itself to have been a solid, long-term policy
There is still the div yield to.encourage buying at these prices. Some of the best in ftse
SFO is getting involved over there so best not to jump in. Puts FGP in a stronger position for franchise wins IMO
Piece on energylivenews website yesterday... CNG have appointed Interpath Advisory to explore options. Pure gas to SMEs. I'm sure BK et al are monitoring. With 50k customers, this would be a huge impact to the SME space
Al Gore, the former US VP with green fingers, has built a 13% stake in Octopus valuing it at £3.36b, which is more than Centrica. Centrica still has E&P assets including natural gas. A tad optimistic on Octopus if you ask me or rather Centrica is undervalued. Renewables still is seen to have more future potential than fossils. Either way, still lots of money coming into energy assets. Yu looks undervalued to me and I'd say it gets bought over by Smartest. Even organically it can grow as competitors fail.
Whilst the focus is on energy security etc focussing on gas of late, I'd say next up is water eventually so Yu is well positioned there. It doesn't get enough mention but water utilities space is getting exciting as well
Good time for No Time To Die to come out as well...
ADNOC ban to ens in due course. Shorts to close. The fine amount will be pivotal for the SP. If fair, then expect this to really fly! Clients have delayed projects because of covid so nature of the business is for growth as we come out of lockdown anyway
https://www.ofgem.gov.uk/publications/ofgem-orders-five-suppliers-make-payments-government-renewables-scheme
Deadline passed so their is interest added...
Take away for me in the press today is that some super small providers who Joe Bloggs has probably not heard of will be allowed to fail but the big 6 dominating more than they do atm will be challenged from kwasi et al. This bodes well for Yu in the long term as sometimes an industry with many "pretenders" does need a reset. End game: less competition and the same market