Member Info for sparky333

A lot more in the pipeline
We see a number of further opportunities in the market, and combined with our continued significant organic growth, are excited by the future.

A lot more to follow as well, growing very nicely

Nice 50k buy just gone through

The deadline is 31st Oct and still nothing from the companies involved.

Could be some opportunities for YU around the corner, I do like the idea of MA energy as a pure business supplier.

Could get very interesting

On 2 October 2020, the Authority published its notice of proposal to issue a final order on MA Energy Limited in accordance with Section 25(1) of the Electricity Act 1989.

The particular behaviour of concern giving rise to the proposed FO is that MA Energy Limited failed to meet its Renewables Obligations (RO), by failing to produce Renewables Obligation Certificates (ROC) to the Authority by 1 September 2020, or to make payments as an alternative by 31 August 2020, sufficient to discharge its RO. MA Energy Limited subsequently failed to provide robust assurance that it could and would be in a position to make the necessary payment, including applicable interest, by the late payment deadline of 31 October 2020.

The draft final order requires MA Energy Limited to make a payment to the Authority in full settlement of its Renewables Obligations for the obligation period of 1 April 2019 to 31 March 2020, including interest on or before 31 October 2020.

Hi mate, yes they have until 31st Oct and to date have not responded to OFGEM.

Maybe YU prowling , not sure how many customers they have, do you ? But they owe £1.3m

People worried about more lockdowns. This is different as not a full lockdown.

Valuation: We are currently using a DCF valuation in order to determine a starting target price for the Company. In this calculation, we believe we are using conservative assumptions (WACC 13.5%; TG 2.5%), in part due to the continued impact of COVID in the market. The result is an equity value of ~£35m, translating to a share value of 207p, ~130% higher than the current share price. With this type of potential return, the stock overwhelmingly fits into our Buy rating category.

Folded today,

I wonder if YU are interested in the EV part of the business

Among its growth plans, the business is expanding on the 4,000 EV charging installations already carried out by The Phoenix Works - Tonik Energy’s installation arm

Well worth a look.

Well the market has spoken and someone was hungry today for shares.

Next news is who have we bought out ? BK very specific on 17,000 by end of the year.

Well if they get the SP to over 600p they have earned it

small percentages actually but I can see why your ****ed at BK.

aha interesting and the 2500 would make sense as 17,000 by the end of the year was a very specific number to give

I agree on directors buys as not permitted to buy if share price sensitive data in known. BK was very clear something is afoot and this could come very soon.

Robin hood has a lot of council contracts ( care homes etc ) which is good just like Bristol energy.

we are certainly in interesting times and also good to know OFGEM must give the nod like they did with Bristol energy which seems to have gone rather well.

Fingers crossed

Ofgem orders seven energy suppliers to stump up £34m over renewable commitments and warns they could end up having their licences revoked

Co op
Flow
MA energy
Nabuh energy
Robin Hood
Symbio
Tonik

So which one is YU eyeing up, also I thought Robin hood was sold to British Gas

I an saying the complete opposite, dual and YU merge.

Both obviously still getting energy from smartest.

But a listed utility provider to SMEs

Also would water down BKs holding which some people are concerned about.

A company of this size would attract more IIs and could pick off minnows just through cash flow alone.

BK and smartest think out of the box this is a match made in heaven

The more I think about this the more interesting

Dual is about the same size as YU turnover in 2019 was 98m and lost 500k a combined entity would have a listed company turning over well over 200m in 2021, and overheads could be dramatically cut in a merger of equals

They both sit under smartest servicing the same market segment and this would give smartest a list company to support and leverage to become a true challenger as critical mass will grow exponentially.

Thoughts ?

Also with regards to the relationship with smartest I wonder if something is afoot on this front and duel energy who have just rebranded, this would be a logical fit

Thinking out of the box

Dual and YU merging with both under smartest the synergies would be a perfect match

Wongtogo, you mention how long for investors to forget the past, I think it has already stated with miton coming back into the fold and taking a 5% stake.

They left pretty sharpish when in kinked off into 2018, they obviously see what you have talked about below and I would be surprised to see that 5% lifted higher as we close in on 2021.

SP Angel are doing a fine job compared to the muppets previously who did nothing and also the new PR team and well respected in the city and also working hard to improve the PR of the company.

When you have people like this onboard enjoy the ride as they are focussed now the foundations have been laid, it is obvious the next target is in YU’s sights either takeover or merger And I think sooner rather than later as 17,000 meter points by year end has not been pick out of thin air it is based already on fact.

That is a serious amount of SMEs to onboard unless the bid/merger targets numbers are known.

Going to be an interesting couple of months as the news could drop at any point.

Also what is management board targets for 2021 , 17,000 to 30,000,40,000, 50,000 ? Who knows but 2 years in purgatory and we are now about to be unleashed.

Some excellent and thoughtful posts today.