Member Info for rango1

Shearclass the revenue recognised in H1 2024 as you say would have booked in 2022 and 2023 when commodity prices were sky high even double or treble current commodity prices when you look at the historic commodity price charts. So even though meter points are continuing their upward trajectory rapidly they haven’t as yet been able to to make up for the steep decline in commodity prices. That would seem like the logical explanation.

The lower commodity prices is a very important reason for the lower monthly bookings. This is cross referenced by Good Energy who are expecting LOWER revenue in 2024 compared to 2023 - see last final results for Good Energy in March -(see Stockopedia broker forecasts showing 19% lower) - hence for Yu to have achieved 60% growth in H1 is astonishing.Note TEP is also expecting lower revenue for for this year.

Compare with TEP where revenue actually fell about 17% due to lower commodity prices. Shows you how superbly Yu have performed.

Compare with TEP where revenue actually fell about 17% due to lower commodity prices. Shows you how superbly Yu have performed.

Apologies - should read 5th June :-)

Https://mondovisione.com/media-and-resources/news/ftse-uk-index-series-indicative-quarterly-review-changes-june-2024/

The above is a link that Alpha is officially expected to be promoted to the ftse 250 subject to final capitalisation toting on the 5th April

Houston- we have lift off - trackers and incoming broker notes ( I suspect). Initial 250 FTSE cut-off is tomorrow with notification on Tuesday.

Big spike at 11 am today. Broker note noises/rumours or stock shortages?

On average ftse 250 companies have about 6-7 brokers covering the stock and some have 10 or more. Alpha still has 2 but that should be expected to change soon. I suspect the new broker notes and ftse 250 tracker funds mandatory buying will take these beyond the previous high of £23 in the next 6 weeks

Management normally set targets that can be ‘comfortably achieved’ in order to reward and incentivise/motivate staff (rather than demoralise staff with unachievable targets). Hence I believe the internal/board targets will be significantly higher than these and the award targets are the minimum expected.

This company likes to issue news on Wednesdays. I think we will see the Main market prospectus issued tomorrow which should provide some useful/interesting info.

Date for premium move now provided - 2/5/24.

Considering the move to the Main market is next month I’m hoping we get the timetable for the move sometime this week. Then we have the Agm on 1st May. Certainly a lot of news to come.

The share register has been update for the latest quarter to 29/3/24. A number of new institutional investors have appeared holding more than 1% of the shares notably Amarti, Artemis, State Street, Axa and Berenburg. Looks like institutional interest is expanding…

There’s still big demand for the shares. Even though the official quote is 20.20 - 20.50 you can sell @ 20.38 ( way over mid)and you have to pay 20.497 to buy. With continuous news flow over the next 4 weeks with the Agm and main listing timetable to come, not to mention new brokers onboarding and share buy backs ,the re-rating should continue at pace.

It’s for subscribers only. Essentially saying the real eps is £2.06 rather than the company/broker view of it being 76p because Treasury income is excluded. Also as the company has £200m cash that needs to excluded when calculating the P/E leading to a P/E of 7. It’s essentially what we’re all aware if you know the real facts/figures rather than the presented ones.

See one of the private investors has done a revised analysis on Stockopedia including interest income in the key metrics indicating how ludicrously undervalued Alpha is - in reality on a P/E of 7 if you exclude the cash it holds. It’s starting to appear on punters radars….

With the AGM on the 1st May and the full FTSE listing planned for May surely we must be close to getting a timetable for the transfer from AIM to full market listing ? Then with more brokers all over the figures that’s when more international interest should perk up (as well as the trackers).

Should get results tomorrow. Wednesday has been the normal reporting day for the last 2 years.

Per the accounts - bad debt is provided at 3.1% revenue.