Member Info for sparky333

Great chat today guys. Usual YU sell off after a rise is not unexpected but my spinder sense is tingling a takeover is very close.

Can blame them after a 25% rise, short sighted in my eyes are we are only 3 months to 2021 and I quote

Meter points to accelerate to circa 17,000by FY 2020 , that is a 3000 leap in 3 months which is nearly 25% increase

ü Group CEO Bobby Kalar is planning more acquisitions, having taken on Bristol Energy last month.
The firm’s share priced climbed 20 per cent in early trading on the back of strong results following a significant restructure over the last two years.
While it posted an Ebitda loss of £1.8m for six months to 30 June, the company appears to have put its troubles to bed. Kalar said £1.6m of that loss was Covid-related. Meanwhile he said customer energy consumption in August was back up to 90 per cent of pre-Covid levels, cash collection is “equal or better than billed monthly revenue month on month”, and new business is stronger then the prior period.

Hi ontheupupup,

I hope you are keeping well during these extraordinary times.

Thanks for your take on the positives and negatives, we have debated the gross and net margin as some length around the AGM time and I totally agreed and this is the end game, but we must factor in the H1 2020 impact on customer usage which caused the reduced revenue.

Not many businesses will come out of H1 unscathed and with. 35% reduction in Usage during the lock down I think YU actually did pretty well considering and with 99.5% cash collection implies the customers on the books are strong.

So we can all look at the headline doom side OMG revenue down , well hello this was actually utter carnage globally for several months.

Other than that nice post , business failures is a risk to everyone but also opportunity to gain market share , survival of the fittest as like all recessions the ones that come out the other side do very well indeed.

What are your thoughts on BKs tone on more consolidation as he is very clear YU look to be doing another Bristol energy very soon. If so any thoughts on who ? Maybe a merger ?

https://theenergyst.com/after-bristol-energy-yu-ceo-eyes-more-buys/

Directors cannot with inside knowledge, BK was very clear another Bristol Energy deal is very close IMO therefore directors cannot buy

Looks like we have a background order 2 big sells today and totally absorbed MMS have not flinched

Who do we think YU have lined up to acquire ?

Outlook: YUG’s revised strategy appears to be working and is on track to drive sustainable and long-term profitable growth. The smooth and efficient integration of the Bristol Energy customer contract book in August is another testament to the strength of the stronger platform established in 2018/19. We expect there are likely to be additional acquisition opportunities in the coming months, similar to the Bristol Energy book. We believe it is worthwhile for investors to take a fresh look at this Company as part of a long-term growth story for their portfolios.

Another SP Angel report dated 30th September following H1 result up on YU group website

All that become irrelevant if IIs buy in as they will want at leave 3 to 5% so 800k in buys

That’s a lot of YU stock

on the YU website 32 page report dated 24th Sept 2020 very detailed

Do you have a link for this please ?

That is not correct money spinner you are mis reading the finances

It is has increased from2.2% to 4.9% as the legacy wash through this will increase

Cash level happens annually every year and by dec will be up towards 20m last year was 2.2 so a 250% increase since 2019

Spin it how you like but fundamentally huge strides forward in a terrible year

1. Outlook and how has the business performance since June - Very bullish
2. New booking and meter points could be close to 15,000 up from 9000 due to organic and Bristol energy - 17,000 by Year end
3. Monthly booking rate ( strongest to date in H3 )
4. Gross Margin - how much left of legacy contracts ( washed through )
5. Net Margins
6. Outlook - Very bullish
7. Cash - has the annual payment been made if so a decrease in cash if not could be pushing 18-20M ( 17.9M )

on the Bristol energy Acquisition and how seamless it was and immediately cash generative

I look forward to repeating this exercise shortly - so who are they about to takeover ?

The future is very bright

cant complain and very bullish going forward.

Let’s hope for great and positive news tomorrow.

No Clue on the Bristol energy Meter Points and margins but one thing I do know is the majority are Council , care homes etc as mostly unaffected by the lockdown according to the notes on the deal