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Down again that is almost every day in June, YU management have only themselves to blame but then again some decided to sell knowing full well no update with the AGM.
Poor show and yet again comms with PI rubbish
I am hoping for
1. Clients numbers to be around 68-75k making 100k a real target for year end
2. This then indicates FY turnover 700-800m which aligns to your 380m H1
3. Special dividend would be most welcome but would prefer a share buy back if possible.
All in all I want very strong organic growth clients I was shocked at last years growth in numbers and hoping I am shocked again with 100k being nailed on if not a lot higher. Leading us to £1b minimum rev for 2025.
Do not get me wrong, I see huge things here just get frustrated sometimes as YU promise to keep us informed and fail time and time again. That director sell does not phase me but the timing sucked especially when they knew already knew no update until July. Poor IMHO as effects sentiment especially in AIM as to many bad eggs.
It all about investor confidence the directors selling has frighten a lot due to the they must know something.
I highly doubt that and expect earth shattering results yet again and another record breaking year
Because at this rate the decline will continue for weeks fundamentals being totally ignored as people now know they have 3-4 weeks maybe more before any firm news on performance.
I find it really poor yet again from YU others disagree but after 24 weeks of the year gone and nothing other than a few lines says 2024 started strongly. Complete radio silence, didn’t help with director sells as people read into that that they are aware of things we are not.
Incredible how we can fall so much under such little volume, PE about to hit 8. Energy prices close to the year high and we languish with no investor interest and bored investors seeing better stuff around.
Self inflicted yet again by YU with aweful shareholder comms.
We are month 6 of 2024 and very little tangible update on how the business is performing other than a one line comment 2024 started strongly.
Really disappointed if a TU isn’t issued in the next week or so and I expect the SP will drift for weeks/ months as next formal update isn’t until mid Sept which is 4 months away and when 3/4s of the year has already gone.
Also worth keeping a close eye on gas futures and spot price, currently 85p a therm massively ahead of this time in 2023, the predicated fall hasn’t to date occurred which implies to me Libs numbers are way under
agm was a week later than the previous year. if no tu 5 months of the trading year done and dusted i will be pretty ****ed as h1 will not come out until mid sept which quite frankly is not acceptable 9 months into the year
Gas spot price now 87p a therm year high v 57p this time last year and also the winter months futures contracts are all way over 100p a therm.
Who would have thought it, everyone expected a drop in 2024 but the opposite is happening
Worth noting the gas price throughout 2024 we are now pushing a year high not seen since Dec 23.
Especially as article in energylive yesterday record levels of business energy switching with the large players which YU now is taking a lot of medium/ smaller clients