RE: January Blues4 Jan 2020 12:56
That's good to here Adam, would love to know just how much? as the margins are set as from last year in the high single digits, as said in RNS . I do talk to sales team from time to time and get quotes for electric and gas, and from them can deduce margins, have no problem with the margins as its coming out far higher than single digits but sales cost have a factor in that, just the contract book volumes, I will need to see the volumes Q3/Q4 2019 to make a call on how they will move forward with the second sale's site to determine future growth. Direct sales is not a cheap way to increase the contract book , unless it proves a positive curve increase to out way costs of sales, this is always based on reducing cost as contract book increases. It appears to me Bobby has chosen this route 2018 and at first was with him on that count, but the market has some what changed with ever increasing regulations and directive's that have changed the map on how energy is sold and supplied to the market. GLA all LTH staying positive for a change of direction .