Member Info for sparky333

25k iceberg at 400p chewed through with easy and under excellent buying volume yet again. That free float must be getting very small now and when it all gone who knows what happens

Blue sky now the iceberg has broke

Come on YU break that wall and blue sky above

Well done YU on the award last night

I don’t disagree SP28, some serious buying going on for weeks now, I really do believe with growing confidence 1000p is not unrealistic for 2023

Massive upside pressure

YU nominated for 3 awards.

A lot of buys showing as sells asl d strath into the close, another pop at 400p tomorrow ?

Just checked back

In 2017 turnover was 45m
In 2018 it was 80m

Peek SP was 9th March 2018 at around £12+

Incredible where we are now and how the company was valued back then

10p would be a very welcome quiet a lump considering my holding

Same SNN charting doesn’t work for a stock like YU

https://www.thisismoney.co.uk/money/investing/article-11466391/How-shares-fight-inflation.html?ico=mol_desktop_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.201107054.1102645703.1663098288-212206837.1601113754&_gl=1*1chjolg*_ga*MjEyMjA2ODM3LjE2MDExMTM3NTQ.*_ga_XE0XLFFF16*MTY3MDA1Nzk4Mi4xOS4xLjE2NzAwNTc5OTIuMC4wLjA.

Pull back to be expected and regardless up on the week. 3rd test of 400p next week ?

.

I like that as employees now have skin in the game and share in the success of YU group. Schemes like this are a great motivator for staff.

Buyers swamping the sellers today

Personally not surprised.

Key to the recession is inflation as this recession is unique in many ways. No tools to combat it as interest rates are rising to combat inflation when normally a key tool to ease away from recession.

We also have a commodity squeeze in energy due to Ukraine and Russia being idiots. Will gas supplies resume if Russian pulls out or regime change ?

So my point is normally a recession is shallow and lasts 12-24 months. This could end very swiftly or the polar opposite, as the circumstances are so different.

Either way we are in the safest possible place

Essential service
No debt worries
Cash is growing
Profit is growing
Turnover is growing
Sector is getting less competitive

Ticks all the boxes and why Miton love YU so much like me.

I can understand the logic on bad debt of 7% in 2022 the reason being the weak companies who are heavily indebted do not have time to adjust to the changing landscape of low revenue and clients this is most prominent in the retail and social sectors.

Once the recession is underway the companies cut back in various things like staff, stock etc which in turn reduces inflation as demand wanes. This is why bad debt is forecast to normalise next year by SP Angel

What we do not know is YU client mix but we do k ow it is very diverse from Government, to local authorities to cricket/football clubs to care homes, heavy industry and small shops/pubs etc.

So what I am trying to say is the first year of a recession is the most high risk for failures and we are almost through that.

The question is how deep and long will be recession be ?

To be cash rich, profitable, no debt