Member Info for sparky333

Pay and read Liberium note

Oh yeah I don’t own any shares and work for YU group oops forgot.

provision key word, what is other rivals bad debt provision ? always making out yu to be the oddball.

shame they are the only ones in the sector to actually increase turnover in 2024 not like the rest with large large declines.

never mind large increase in customers etc

i better sell up and invest in some debt ridden pile of **** lol

You have no opinion on why a business with a liquidity covenant that came into force when their cash went up to c £82m and haven’t invested a penny of it for over a year now!, oh come on now, you have an opinion about everything else ffs.

Why is this written down ? Please show me and happy to eat humble pie, it’s your opinion nothing more

Calling you boring is not an insult it’s a fact, you repeat the same stuff constantly across all boards. We got it the first time we are not thick and comes across as insulting our intelligence.

I have no idea on the £80m and neither do you. You have an opinion I will openly admit I have no idea but I know what I think they should do

With regards to clear business I am puzzled because to me that should have been an RNS, it then again YU can’t be bothered with PR they will see it a BAU.

Let’s hope at least some of this is cleared up in the annual report

And the answer your question on the £80m+ I personally have no idea why they are not using it to best effect and I agree say earning 3% interest is laughable.

But until concrete data is given no one knows outside the BOD not even you,

You could be right or they could be working on a major deal or just have no idea what to do with it which in its self is worse than anything.

But I would hope and I use that word wisely HOPE some clarity I’d forthcoming because it is a big pink elephant in the room, in 24 months this is forecast to be around £160m in cash.

Last year they spend £4m on a share buy back and £9m advance ROC + around another £9m on dividends so say around £22m ish, not excat number as can be bothered to look up,

So 20% of cash mountain was spent.

So yes I 100% agree this issue need to be spoken about to shareholders as that is a huge amount of cash just sloshing around

Boring DD,

Record rev, record, clients, record, profits, records Smart meters, record dividend. Hmmm such a bad company.

Maybe we should all invest in debt ridden crap,

10 trading days to go historic PE now 7 range

Downside extremely limited with significant upside potential.

Traders will arrive and if they don’t the mould could have been broken and now buy the news rather than sell the news.

The SP correlation to 2024 is just incredible and if 2024 repeats a big April/May on the cards ?

Gap between Rivals is just insane either they are overvalued or YU is significantly under valued.

In keeping with Ofgem’s commitment to build a healthy, financially resilient energy market, the regulator is also announcing the introduction of a new minimum capital requirement. This will comprise a Capital Floor of £0 and Capital Target of £115 Adjusted Net Assets per dual fuel equivalent customer.

Also liquidity covenant I would be more concerned if a large retail supplier as it is per client. £115

As YU only have 88k and the like of TEP with 1m

Hmmm TEP better watch its cash position as YU have more.

Further, while the Group meets its ongoing obligations in the Hedging Facility, Yü Group will not be required to deposit cash as collateral to support mark to market movements, due to energy price fluctuations, as has been required under the Old Facility.

So you are implying the statement above is effectively a lie and please show me exactly where your statement is detailed

I have directly asked the company, will they reply, doubt it as I am sick of this statement you must have copied and pasted 50+ times

So why do the deal with Shell ?

1. Shell have a charge

2. You claim Shell take more margin

3. You also claim Shell require a very large cash holding which is in fact y no difference to smartest who paid YU the interest and only wanted it during volatile periods

So what exactly was the point of the deal ? As looks to me if your guesses are correct the worse deal in history of business

Do you really think BK and Rawson are that dumb ?

We already know the majority.

It’s what we didn’t know I am interested in.

A step decline for a stock with 1/3rd MC sat in a bank, record profits, record turnover, record dividend etc

Obviously a seller who has been dripping into the market for over a month now which is getting on my nerves just sell them all FFS

As soon as they are finished SP will take off like warpaint today seller cleared and whoosh ?

Thanks for that DD, it is an interesting one. Personally Amazed no RNS but they have never bothered with PR, when if theory could be a 10% increase in Meter points which is pretty large in my book

8-9k per client 80m so yeah about 10,000 even if half moved across that’s still 5000 ish and 40-50m revenue

Https://www.yuenergy.co.uk/clear-business-contact/

Read away no idea in energy numbers all that can be gather is 135,000 clients so could be 20 could be 100,000 no one knows

Call me thick but this reads a bit more than a partnership as clearly states contracts transferred over as stated below all on the website. How many who the hell knows but 135,000 SMEs, 170m turnover of which energy would be the bulk of utilities.

People read as will maybe nothing maybe a very large amount of energy contracts transferring to YU and written in black and white, number is ink own maybe 10 maybe 70k god knows

We’re working with Clear Business to transfer your energy supply. If you entered into an electricity and/or gas contract with Clear Business which is no longer within a fixed term, your contract to will be transferred to Yü Energy. If you’re a deemed customer, you’ll be a deemed customer with Yü Energy. Any outstanding balance in relation to your energy services will also be transferred to Yü Energy.

Just partnered with YU energy, not a small outfit 135,000 SMEs and turnover was 170m just on the energy side

We’re delighted to announce that we’ve partnered with Clear Business.

Our partnership with Clear Business means you’ll continue to receive reliable, great value business energy, with all the benefits and support of a trusted, leading energy supplier. You’re in safe hands with Clear Business and Yü Energy.

Why no RNS - hmmm

Yep sold up in 2018 that’s why I spend hours here every day like you.

So we already know CNA rev tanked in H1 just like TEP and GOOD. But not here up 40% fact or fiction ? So how can you compare the divergence is massive. Also retail is far more volatile than Business.

So if you think YU will struggle in the future the entire sector is in big trouble and only a handful would remain.

Can’t see that somehow and you cannot honestly believe energy costs are going anywhere near pre covid levels, or a chance in the UK.

One area I do actually agree with you is the Management need a rocket up their asses. Disgusting the lack of investor interaction especially when they do capital market days as we don’t even see presentation

But you can’t argue with the numbers I have been through companies house and looked at 10 plus rivals and YU is miles ahead on rev growth, profitability, cash etc