Member Info for sparky333

Sellers this morning mugged off, just no shares available, if you are even thinking of buying I would do it very soon.

A flurry of buys now and we are over £1

Was looking over my numbers I did a few weeks back and I was actually forecasting a 10% annual revenue hit over the year

My figures where far more dire than the current situation so actually re running the number in my head we could be looking at 6% if things get back to normal June.

Due to the furloughing of staff , new business , slight reduction in usage going forward as businesses change and evolve as well as the positive monthly new business at 5.7m during lockdown I actually think we could turn in a small profit for 2020/2021.

Proof of the pudding is the potential loss for H1 and outlook for H2 to counter H1 loss.

Looks like U.K. is opening up more from 1st June, will be back to normal soon enough.

A few small timers locking in a tiny profit, silly really, we should be double this as the market is meant to be forward looking 6 months, COVID 19 has been beaten across Europe and we business getting back to normal, ergo the 35% will be a lot less in May and even lower in June and back to normal ish July just in time for the high use winter period,

2021 YU are going to explode

But only the start

He is talking *******s. Trying to panic holders.

Did you see my question on acquisitions and mergers, plenty of that available in the next few months as they pick the carcass of Robin Hood and Bristol energy, could pick up there SmE. Oil for peanuts, if they fit the risk profile of YU who do not take on any old **** any more as reflected in 98% cash collection rate even through lockdown. Dam impressive

Also all the questioned raised answered, well done and a new age of investor relations.

No brainier going forward

Where did you pluck that figure from ? 10m for RO I do not think so when 96% of the energy YU supply is renewable

The key here is patience they have the foundations in place now and the presentation oozes confidence going forward.

Bigger picture the council energy companies are falling like domino’s Robin Hood, Bristol energy both screwed before COViD 19, the survivors will reap the rewards and YU are doing a great job, you can just sense the excitement in BKs voice.

They have listened to my moons and groans on email to IR on the lack of interaction with shareholder.

The future is looking very bright

Was that your 6k sell ?

No way you should have sold on the back of that statement. The BOD have listened to me constantly asking questions and most of them answered in the AGM statement and video presentation.

The are very bullish and rightly so the BOD has done very well, safe heaven stock that is massively undervalued

Wow these guys are very confident going forward

Watch it really positive and a new dawn in comminication to shareholder.

Absolute steal at this price

Now I have time to read properly the AGM statement I have to say I am impressed and the market will see that going forward.

Very strong balance sheet 13M in cash and 4.8M in prepaid collateral TOTAL 17.8M

Cash collection - 98%

They have cut overhead with Furloughing staff

deferred VAT

Average monthly booking up to 5.7M which is an increase on H2 of 0.4M - Amazing considering the circumstances

Long term the group highly positive

I am very impressed and very positive going forward as we are over the worse and lockdown is being eased therefore the 35% usage reduction will start to tumble.

No brainer with a market cap of 10M and 17M in Cash

Agreed and also an increase to 5.7m for new client bookings, amazing considering the lockdown.

And at 10M MC YU will survive no doubt about that and with other falling away the opportunities are huge

That is a solid statement as the UK now eases out of lockdown far better than I expected.

Hey have done all the right things even increasing new booking, furlouging staff and Vat deferment and increased cash.

What more could you ask for ? Well done YU

Well hopefully we will get an AGM statement on Business performance as we are nearly at the end of Q2

Lockdown was the 23rd March so they would have had 2 months of data from existing clients and how this stacks against the risks highlighted in the annual report.

pretty poor if they do not update Shareholders at this point as any fundamental change to the business should be reported to shareholders.

also

1. how has the new client up take been since the new plans launched
2. Are YU getting Gov support in the form of Loans or Furlough
3. How is the situation with Smartest pretty poor if they are beasting clients when from top to bottom are suffering.

all in all a whole raft of information YU can provide Thursday, but mark my words they would have been affected the question is how much.

cheers and good luck , because any sniff of positive news and this is a multibagger

Hi no point until the AGM and some clarity.

The lockdown is slowly opening but many questions on trading over the lock down period, new business uptake did they take a Gov loan and forlough staff, bOD take a pay cut etc.

21st May should be interesting, because any material change to the business has to be reported, so silence is a good thing is it not ?

Yep,

The BoD are very poor at communicating to investors I have raised over 9 questions for the AGM.

1. Cost saving measures instigated during COViD 19

2. Trading impact since lock down they would have had 2 months of data by AGM, usage, cash receipts, bad debt, new client uptake etc

3. Smartest arrangement clarity on COViD 19 impact

4. Director purchases I understand BK but I am a firm believer in Skin in the Game. The new guys have not yet dipped in. Why ? Locked out due to AGM ?

5. Profitability forecast 2021 now due to COViD 19, hard to call but CFO should have a good handle On it after 3 months trading and 2 months in lockdown

6. Current cash position

7. Investor roadshows after losing two IIs in 2018.

8. Mergers and acquisitions BoDs strategy as cash rich, no debt and opportunities will come up due to COViD 19

They have acknowledged the questions and have been pasted to the BOD.

No Debt lol

Agreed or

I see Bristol city energy has called in KPMG to sell it book and I expect Robin Hood energy will follow suit.both non profit council energy start ups who has lost a fortune. Robin Hood lost £24m last year.

I would hope YU would take a look at the SME books to grow the SME base and head towards 20,000 SMEs and turnover of 200 to 220m.

Obviously the world is changing and so will utility suppliers who survive. So glad Yu have debt.