Member Info for moneyspider

You can never have enough if it is a bargain - and they would know. How about the new chairman?

Surprised that no Directors have bought any shares - come on show us how confident you are!

Does anyone know what the Analyst forecast for EBITDA is this year from Shore Capital?

I agree, this is a great update and the price will soon be above £3 per share. Glad I bought back in!

Now that they have a new board structure and the last guidance of high teens margins they should be looking at very good margin growth. The deal with smartest will release more cash as well - got to be heading now to £3+

YU have now gone from a debt free business to one that will owe Smartest Energy £13m. Smartest have a rival business Dual Energy, won't be long before YU are bought by them

Dual have already put smart meters into its customers using AMR type - was the first to do this and has been successful . Smartest have been the wholesale supplier to Dual for many years - so I would imagine this was a distressed sale to them. Probably got it for nothing.

It probably will. Good luck

I decided to cut my losses here and sell out last week. I have been asking around and it looks like the energy market is getting even more competitive with negative gross margin contracts jut to win customers in both the business and residential markets. Can't see Yu getting anywhere close to 10% GP and generating cash.

I think that this makes sense for Good Energy as the margins in the domestic sector are negative. Good should buy YU or the other way around and they would both be in a better position. The business sector will hot up and at this share price can see a bid coming in soon.

Every time I'm bullish about this share it goes down. So will start to **** it off again - sack the BOD - Now watch it fly!

Think it is as you say the RO payment has been made, no RNS on any warning of cash so we have to take them at their word that they have enough cash in the business. Margins will improve as the sales team goes direct to customers rather than brokers who take a cut. The EV side of the business could do well as we all get a little greener. Also the fact that the company still has more cash than its market cap. The short term upside is to make 2-300%. So expect this to keep on moving now in an upwards direction.

Been topping up recently. As we go into the winter when revenues increase would expect some good news from the BOD. The 40 strong sales team should be bringing in the business. Hope Santa comes early.

Yes they are - they sell business energy - look at their website!

Robin Hood had to loan £9.5m from Nottingham Council. This seems immoral - tax payers funding a loss making business to compete with YU Energy.

Another energy supplier just collapsed - Toto Energy. Know that they are in the domestic market but at this rate there won't be many left. Good news for YU

Yes I've topped up my shareholding as I think that this is a good take over target. Still don't have any faith in the management - they should tell us the cash position now after the payment. Beggars belief why they don't do this?

I read the consultation yesterday, and I think that this will cause a number of energy suppliers to exit the market. They won't be able to use customers credit balances to fund their business and will have to have a separate fund that will protect the RO payments to Government. If they are funded well as they have claimed this will be a good opportunity for them. So this looks like good news.

If wholesale prices fall - margin call increase as it's the difference in price paid against market price. so it's worse. When wholesale prices fall the sales price falls. This is a long game and large sums of cash are needed, think that YU is worth more than the current price due to its customers, systems, licences etc. So a good time to get in but will be sold for under £3/share

I have been trying to tell everyone for a long-time now that profits in this business were way off in the distance. The issued forecasts seem to bear that out, with all the losses in the business cash will get tight. No chance of a fund raise in the future, so I too believe that they will have no choice but to sell the business. It will go for sub £3 in my view. But plenty of upside from this price.