Member Info for sparky333

https://www.thisismoney.co.uk/money/markets/article-11627071/Centrica-shares-FTSE-100-British-Gas-owner-eyes-1BN-cash-pile.html?ico=mol_desktop_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.89701403.1637757824.1671466294-212206837.1601113754&_gl=1*1wukuyb*_ga*MjEyMjA2ODM3LjE2MDExMTM3NTQ.*_ga_XE0XLFFF16*MTY3MzU0NzY2Ny4yMDMuMS4xNjczNTQ4MjI3LjAuMC4w

Good volume and lots of buying

https://www.energylivenews.com/2023/01/12/supplier-given-deadline-before-ofgem-takes-further-action/

They may as well throw in the towel and pass clients to YU

Yep traders booked profits and took us down now they are positioning for TU anytime from next week to end of Jan

Pull back was inevitable but wow this has been aggressive and snowballed, buys flying in now, bottom ?

As this stock can reverse in a flash

Huge volume this morning with large buys and large sells all over the place and buys looking like sells, utter chaos.

Looks to me panic has set in with people locking in profits as the slide built momentum and snowballed.

Bounce coming but at what level, buyers picking up stock now in big lumps but SP still under pressure,

£5b next year down from £18b

Coupled with the fact the price has halved since dec this is effectively good news news and if I was a company would be looking to lock in at these levels.

As the price will rise in H3 2023 could go a lot lower yet but does a business take the risk ?

Matters not to YU as they back to back hedge

Yep profit takers had her by the balls from the off, £5 proving to be support but we are simply back to the same price as last Monday.

Profit takers got it by the balls today

A few things to consider.

1. SCSW have YU as its top stock for 2023
2. Profit, turnover, cash have smashed broker estimates 3 times in 2022 and I reckon they will beat again when update comes out in Jan.
3. YU are way ahead of rivals in Technology and smart meter bolt on will add significant benefits throughout 2023.
4. Bad debt is forecast as 7.7% for 2022, I reckon it will no more than 4% so add in 3.7% to 2022 FY figures.
5. 2023 is the key year in explosive profits, cash and turnover.

Current MC is a joke , yes a bit of consolidation at £5.50 but we have come a long way in a short period and people will bank profits and new investors come in , it’s normal.

Current large holders like Miton and Jamison have increased holdings why ? Because it a no brainer and could pay a dividend in 2023

An how do you draw that conclusion ? When we are at a 3 year high ?

Tick Tok another day closer to trading update

Boo and ASC both great stocks but I see nothing but continued pressure on then for the next 12 months . 2023 is going to kill retail as no one has any money and interest rates have not finished rising yet.

I watch with vaunted breath there Xmas trading updates.

Now that depends on how they are doing towards £500m turnover. Taking into account H1 is always less than H2 so if they can hit £200m in H1 I would be pretty confident they will hit £300m in H2.

So we will have to wait until March is my guess for some insight but they keep smashing estimates so a trading update could pop out anytime these days from Q1 23 onwards

I see no reason why not and can see way over £10 in 2023.

That is 160m MC

I am waiting for holding RNS to drop

Lol, funny you say that as by the looks of things another batch of sellers about to be locked out like at £2, £3 , £4, £5 and now £5.50.

Played like a fiddle to get some stock back on the books

Btfd ?

And another after the bell reported late

100% an II buying in and mopping up sells

25k buy for £135k popped up from yesterday which drove up late yesterday.

Certainly getting very interesting now