Member Info for ojls

Blimey. You guys got off lightly. Some poor souls are holding shares at north of £8.00.
I have been fortunate enough to average down as the price has slid back but would still want north of £5.00 to be interested in selling any kind of volume.

Agreed. I dont often let my investments bother me (You win some you loose some) but on this occasion the level of corruption is incredible. The way YU is being run/developed is more like that of a FTSE listed company and yet the MM's are smashing the share price everyday on tiny trade volume while the YU cash pot continues to grow.

This is getting ridiculous . No wonder so many companies de-list from AIM.. SP currently just 15% of the value vs the same period last year.

We all know that in some way AIM is corrupt. I accept odd goings on when its a poorly funded oily with no real assets or an investment vehicle operating at massive losses but YU is a solid business which should in reality should support a strong share price. On this occasion I can only imagine the lack of liquidity has hurt us (only 15-20% shares held by retail investors) and allowed MMs to walk the SP down on very little trading.
I wonder how far north the SP will go if they decide to let it go (once their pockets are full)

Call me overly suspicious, but I find it odd that we have seen a real effort to suppress the SP over the last couple of weeks. Then suddenly buyers are flocking in £5k/£6k/£7k chunks all in quick succession on the same day. Either someone has got wind of news or the roll down in SP was deliberate to get cheap entry points for a few lucky (corrupt) b****ds.

Google showing the same. Nothing until shortly after 9am.
At least its upward movement. If they send it back above the £2 mark I dont mind what time of day they do it :)
Still in disbelief at the amount of cash in the bank vs the Mcap.

Its pretty incredible that this time last year YU was trading at just shy of £10 per share (Exceeding £10 by early September).
The company is now strategically in a better position with more money in the bank along with a more developed team and service offering. With all this the market value's YU at £1.12! Its comedy gold.

Investors buying this week will likely make a killing short term.
Low float works both ways; Its easier for MMs to pull the price down with small amounts of selling. It also means they can fire the SP north with only small amounts of buying.
If/when investors catch wind of the cash position vs the Mcap we will be heading straight back towards the £2 mark.

The cash balance has continued to grow month by month (Driven by YU obtaining new profitable contracts and retaining the customers that return a profit). The losses up to H/Y results were only £2.5m. If YU continue to attain business at the rate they did in the first half of 2019, Its only a month or two before the losses will be covered or at least the forecast will show a profit by the end of 2019.

I think we are in dreamland if we are expecting to see the MM's let this go. They are making plenty of cash just drifting the SP up/down by a few percent each day.
BK and Co needs to fire out some more blockbuster RNS's to push more buying and take control back from the MM's.
Compared to a lot of the dross trading on AIM YU is worth significantly more that the current SP (IMHO £6+). We hold more than 50% of the MCap in cash and are about to turn profitable again within the next month.

I am seriously struggling to draw parallels with the company's financial position, ongoing activities and the share price.
All of the above appear to be completely disconnected while numerous AIM company's are operating at massive losses with big debt and BoD led problems (let along billions of shares in circulation) while somehow trading at multiple £.

The RNS was pretty straight forward. The only slightly negative content was regarding the long expiration dates of low profit contracts of which they are expiring every day while the sales team pick up new more profitable business. With the FD buying shares along with BK’s significant holding the share price is a joke.

Twitter alight with rumours since Brokerman Dans tweet earlier today. regarding the potential sale of West Newton.
Short term targets ranging from 2-3p. Another Twitter spam fest? I guess we will find out soon enough.

Dummy sell - MM's willing to buy £10k chunks. They are obviously confident they can shift them at profit despite the relatively small volumes changing hands today.

A small number of low value trades allowing the MM's to drop the price a little and pick up shares on the cheap ahead of what could be a big RNS for SP movement.
I cant imagine many are making any real profit. At least the MM's certainly will when they sell their shares back to the market with a substantial mark up.

Possibly just bad timing (mid way through auction). Any of the L2 club see anything interesting going on.
It seems the MM's have happily been soaking up sells all day and selling back to market at a comfortable premium.

Its easy work for the MM's at the minute - For every 10-20 retail sellers (which is in effect the only thing holding the SP down currently) a larger buyer hoovers up the shares in one (look at yesterdays buys).
What is nice about this scenario is the free float is getting smaller every minute so when news drops (fingers crossed its very positive) it will be a scrap for shares and up the price goes.

I wonder whether a few individuals have been given an indication that the update will be a good one. Its fairly typical to see a rise towards big updates but +10-15% after what has been a quite (ish) few days seems interesting.

Anything sub £2 is cheap. Given the buying from the BoD (who know how things are progressing better than any of us) i am pretty confident that we should see a move back towards the £5 mark once the financial update is released which is still half the price the II's invested at only a year or so ago.

I wouldn't put it past the BoD to drop something before then knowing full well holders are hungry for news.

I remember a similar post from an individual on here a few months ago stating that the price may slip. 3 trading sessions later an RNS arrived and the SP doubled over the course of a week.