We would love to hear your thoughts about our site and services, please take our survey here.
Yes, excellent news Rivaldo. With the demise of K3C next month, ACSO should become my #1 ISA portfolio holding. I also bought some yesterday in Trading, knowing that they release a Jan TU. This has exceeded my expectations though.
No great insight here - as better-informed opinions are coming from this board - but it shows that the word is spreading on Yu Group and improved results will result in more media coverage.
"...Should I buy?
The electricity supply business is a tough one with tight margins. But, Yü Group is growing, profitable and has no borrowings. And most of its costs are fixed, which means greater sales volumes will quickly feed through to the bottom line.
It’s difficult to assess how much of the firm’s improved financial performance is due to the rise in wholesale energy prices, and how much is due to the skill and expertise of management. The company can’t take any credit for the former, of course.
In 2020, when the pandemic caused energy prices to collapse, the company made a post-tax loss of £1.5m.
Wholesale energy prices are now starting to fall. I’m therefore going to wait and see how this impacts on the earnings of Yü Group, before deciding whether to invest."
https://www.fool.co.uk/2023/01/17/are-yu-group-shares-for-me/
Same as I posted before Sparky. It was a short comment in a longer article on the biggest 2022 successes in each of the UK share indexes...
"On Aim, the runaway leader at the top of the screen is Yu Group (Yu), which is an energy and utilities supplier that services the corporate sector. The share price has more than doubled in three months and after a huge jump in expectations for earnings growth this year, analysts predict the next fiscal year growth in eps will still be in the mid-teens per cent. Yet the shares are valued on the not eye-watering multiple of 12 times the predicted 12-month forward earnings. "
https://www.investorschronicle.co.uk/alpha/2023/01/13/interest-income-gives-uk-banks-momentum/
Just tipped in IC. I hold YU. In ISA but have bought in Trading too.
"On Aim, the runaway leader at the top of the screen is Yu Group (Yu), which is an energy and utilities supplier that services the corporate sector. The share price has more than doubled in three months and after a huge jump in expectations for earnings growth this year, analysts predict the next fiscal year growth in eps will still be in the mid-teens per cent. Yet the shares are valued on the not eye-watering multiple of 12 times the predicted 12-month forward earnings. "
https://www.investorschronicle.co.uk/alpha/2023/01/13/interest-income-gives-uk-banks-momentum/
TU out on the same day as last year - even with the purchase of Comsof - and it's a cracker!
Tomorrow will be just 6 months since I bought IQG at 123p - my best stock buy for years. Bought quite a lot more to put it to #2 in the portfolio (soon to be #1) and at 46% up on my average I am obviously ecstatic.
My #1 holding, K3 Capital, is being bought out too cheap but I hope that IQGeo continue to grow for years to come. They have a great management team, industry-leading software and an excellent strategy so I will remain a happy holder.
Definitely still hanging on to GROW Steph but the last 18 months have been frustrating. It doesn't seem like the Management team quote know to sell the business when the sp is not rising,
I've bought a relatively small amount in my Trading account at 384p today as the violent sp swings can lend themselves to shorter-term holding.
In my ISA, GROW has slipped down from #1 to #3 by book cost and #5 by value (reflecting its big drop). Still an important part of the portfolio but not as important as it once was. Do you still have 90%+ of your pf in GROW?
If you remove GROW (listed as 354p and P/BV 0.42) from the IC table then the average P/BV is 0.83 so, if we were to apply a similar ratio to GROW we would be at a shareprice of approx 695p, 74% above the current shareprice.
So, is GROW discounted because we don't issue dividends? Is it because we don't issues dividends in troubled market years like this one where we don't realise any sales so there are no earnings to report? Is it because we are deemed to be an "early-stage investor" and therefore more risky?
I've been invested in GROW for a while now and still have faith that the business model will deliver well with some of our holdings but we're not convincing institutional or many private investors. For the last 16 months we have dropped more quickly than similar stocks so interested to hear your thoughts as why our discount is so colossal.
I expect positive news next week. Numerous IQGeo blogs refer to the challenge of getting companies to be bold enough to consider a replacement of their existing out-of-date GIS and there being a generation of GIS specialists that don't want to switch to more non-expert friendly software. We've seen AT&T start a significant trial so would love to hear more on that.
IQGeo have recruited heavily in the last 6 months so hope that new contracts will offset those staff costs.
Overall I'm excited that IQG have modern GIS software solutions, a great management tram, a good business model (with switch to SaaS) and ambition to grow.
They're up 35% for me so far, #2 in my ISA and they're the stock I've chosen in two 2023 stock challenges where you could only choose 1 stock. I'd like to see the company better known among investors this year.
https://blog.iqgeo.com/a-new-approach-to-managing-the-evolution-of-the-elec
SOS now popping. 1129 SOS items available at the Next website and we know they invested heavily in winter clothing, saving airfreight costs by ordering early via ships and trucks.
https://www.next.co.uk/shop/brand-sosandar/0-blsr
Last year there was a TU on 12th Jan, in advance of the March FY end. I'm a long-term holder but I've bought in Trading this morning at 189p in anticipation of good news this month. I think larger contracts will continue to be delivered in 2023.
Happy New Year All!
LTH but have also just bought SOS at 20.3p in Trading in advance of an expected positive TU this week.
The 2022 TU date was 6th Jan covering Trading Oct-Dec so maybe this Thursday the 5th?
Assuming this is Dec 2023 rather than 2024 I'll go with 7.5p and 14p. I wish I could be more optimistic but this has been my most frustrating stock to own of all that weren't heading for complete oblivion. Average 9.3p so want to see this in the black again and start reflecting SEE's potential to set an unmatchable high bar on DMS.
In Sosandar's Oct 18th Trading Update they reported they'd spent £3m on heavy coats & clothes from China and Turkey, saving up to £10-15 a coat by using ships/trucks rather than air freight.
Given this winter's icy weather this looks to have been an excellent investment so results tomorrow should also have positive details on trading in the last 2 1/2 months. Hoping for 25p+ this week.
Ok, it's a banned word. You should bed able to find it if you're interested. Decent podcast too.
The missing word is **********
Just spotted my first 2023 share tip list and K3C are on it courtesy of Justin Waite @SharePickers.
https://www.**********.co.uk/articles/vox-screens-stocks-john-justin-pick-a-stock-from-the-screen-of-screens-cf5299a/
The PIWorld webinar is recommended. Here's what we can expect (sources: TU, FY update, 3rd party websites).
• Additional strong sales as Sept to Nov last year were amongst the year's busiest
• Rev of £20.9m +72% on FY22 H1
• PBT £0.1m vs -£1.1m
• Sosandar.com H1 orders +43% to 347,000 (81,000 new customers
• Profitable in all months of FY22 H2 and FY23 H1
• Sales via 3rd parties continue to grow
Sosandar items available at key partners:
Next (Platform Plus):1254
M&S:451
John Lewis:298
Very:112
JD Williams:69
JP Morgan is in discussions about a takeover of Freetrade, a British stock trading app which targeted a £700m valuation during talks with investors earlier this year.
https://www.jackfm.co.uk/news/business/jp-morgan-in-talks-about-swoop-on-stock-trading-app-freetrade/
Ok thanks