Member Info for sparky333

So where do you see the SP DD, £8, £10 ? You never actually say. But then you would t would you being a spreadbetter, as you don’t care you trader momentum only.

Ever thought it is traders leaving like they always do post news coupled with an obvious large seller.

Others in the sector unaffected by your statements yet far higher premiums when comparing profits, growth etc to market cap

Strange your insights only get posted on YU

Also I wouldn’t say 140p to 115p is tanking when this time last year it was 55p

Remember most new contracts signed in 2024 where in H1 when energy was at the year low now double so again where is tanking coming from please explain.

Also I see no evidence the euro zone will suddenly say that’s okay pipelines are open for business therefore funding the Russian war machine.

I maybe wrong but you seem very sure

So explain why the rest of the sector are unaffected ? If you believe the hype on energy ?

Why always YU specific ?

Ps

Final word to you before goal blank interim was written over 6 months ago and based around energy costs 55-70

Big difference to today so spin it how you like

All DYOR and educate

If you had not noticed you are boring people to death now and on ignore across multiple board.

Boring boring boring

All IMHO

DYOR and read lots of articles about the green dream and when the wind doesn’t blow and sun doesn’t shine and we hope battery storage is enough the the extra 1.5m homes and 2.5m people which our grid needs modifying for lol

All in the public domain if people read.

Green dream love it

Couple of years and the blackouts will start because the grid cannot cope with the wind and solar and peek demand cycles.

The green dream love it like a hole in the head but hey yo helps the margins for the likes YU.

Also I am sure I read somewhere the UK has the most costly energy in the world.

I wonder why ? Because we are the only idiots in the world driving for the green dream. Thanks Ed Milliband right brain box that one.

Normalised WTF. You wish

But what do I know DYOR

Someone said in Q1 2024 gas was heading to pre Covid levels. Funny old thing nearly up 300% since that classic statement.

Everyone DYOR far to much smoke and mirrors and ask yourself Why.

I think you will find the energy markets are far from pre normalised and never will, you are in fact in the new normalised.

Just a few reasons why gas and MWH costs will never go back to 2018/2019 levels

1. Green revolution

2. Decarbonisation

3. No new North Sea oil

4. No gas storage

5. Heat pump are rubbish

6. Solar, jeez this isn’t Saudi Arabia

7. Lots of wind but erratic

8. Nuclear is decades away

9. World is very unstable and could be for a generation.

So what is normalised back to 2019 ? More chance of commercially available nuclear fission in my lifetime

Everyone is a bit sick of you now, even I am and I have the patience of a saint.

Give it a rest fella

Finally after months. Wasn’t hard was it, if not fact please put IMHO so readers know it’s your opinion.

Oh and btw language please no need for it Mr Angry I notice that about you get very upset when challenged.

I see your posting like the world is going to end here and ADVFN.

All I am saying is prove it, very simple ask.

I know why because you can’t and nothing in the interim report to support your claim other than min margin and Bad debts kept under control or Shell will be angry.

So please point us in the right direction. You have kept on about it for months.

Or just admit there is none

Facts Disco you have provided nothing I have spend some time looking at charges and cash positions of Rivals who actual cash positions are more tricky due to the £115 per customer ring fence.

Maybe same applies to SMEs but can’t find it

So why would Shell be so different to EON ?

Again your assumptions makes no sense and you don’t like it.

Provide evidence to support your claim is all I am asking.

Also interesting reading TEPs annual report and the charge Npower have over TEP also TEP only had 51m in cash

Your assumption deals t stack up DD

So I ask again what is the basis of your assumption on a fictitious cash covenant who have spent weeks stating as fact ?

Please stated IMHO or DYOR when not based on facts

Happy to be proved wrong and I am just going of known knowns

Also the minimum capital holding £115 per customer seems only to be for retail i cannot find anything for SMEs but with 88k at present small beer compared to the big 6 who will have to hold serious cash when talking 5m customers

Bottom line you can spout all this stuff but never once compare to others and that’s your problem. If there is is cash covenant oh well so be it, but the facts are not there to support it , with some research it’s actually the opposite if you read Utilita liquidity statement there deal with EON stop the this and I quote

The wholesale energy purchasing agreement reduces the companies exspoure to liquidity risk by mitigating the requirement to place collateral. Slam dunk !!!!!

I have no doubt YUs will be the same in the annual report as this will be the first but some of the cover acts are mentioned in the interim report shall I give you a couple of examples

Reduced Gross margin - they they must have a limited on gross margin for contracts

Increased bad debt - this is being well managed and falling to apparently 1.8% according to Liberium

Nothing is mentioned about cash to be held as a covernant now one would assume this would have to be in the interim report as pretty fundamental

Page 4 may help you understand liquidity risk

Also why does Utilita only have £70m in cash yet turnover was 1.4b

Also Utilita has to have a minimum capital buffer of £115 per retail customer

So your assumption doesn’t hold water one bit

Also worth noting Utilita rev fell from 2.1b to 1.4b just like TEP, GOOD, CNA, Smartest yet YU grow by 40%

Hmm bit odd can you name any other supplier who grew revenue in 2024 ? I can’t find any other than YU

I will. Ale is very easy for you, goto Companies house and check out Utilita who EON also has a charge over just like Shell which you made out to be some dodgy deal.

If EOM are making Utilitia hold say 100-150m in cash I might belive you as Utilita have a far bigger turnover than YU