Member Info for wongtogo

Its showing some 84k buys in total so far so what happend to the other 120k

cat84 while building this type of business is not for the faint hearted, and will incur substantial forward costs? YU have managed to see a gap in the market dealing with business and commercial contracts only, were profit margins are high for the big 7 suppliers? to the point it made up a good deal of there profit margin , that why most of them split it out from there domestic supplies
this market now is no where near as entrench as it was once- apon- a- time and running cost for these accounts is built around bad dept in most part, as well as admin cost securing the more lucrative contracts involving cost for the most part the first year.
The trick is to renew these contracts to point were running cost involving administration is kept to a very small level allowing your sales team to increase forward contracts, smart metering is the real payoff, further decreasing your admin and staff costs to a point were profit margins are at there best, going forward with renewable and ongoing contracts.
YU are talking about 80% renew rate with on average 70mil to 95 mil growth rate (allowing for new water contracts)
given the indicative rates they charge for gas electric and water they have published they should be in a position to very profitable going forward with new accounting procedures new offices and sales teams been placed as we speak and 4 to 6 years to be achieving contracts totaling
300 to 500 mil p/a I look forward to Februaries release to confirm my findings
All the information is contained within there web/site and published accounts, and just needs a bit of research, con paired to any of the oilers this is a win win all imho but would say do your own research

The FCA has the remit to look at the content of the RNS going back to march and to ascertain the content was accurate and relevant to the situation they found them self in. ITs my interpretation that they were within what would be be defined as the necessary parameters outlined under RNS releases and there content , but all information is available to everyone so don't take my interpretation do your own research and make your own conclusions.
The company has made every effort to put there house in order and spared no cost in making sure the business is on firm ground going forward as far as risk assessments, and accounting procedures are concerned.
Its fair to say that the company is less of a risk today than it was perceived to be this time last year and given the lessons learnt over the past mouths, for me this is a solid investment for the short medium and long term---- hope one day to start receiving dividends again? best of luck to all invested here.

I think that the sells were day traders and they have just been locked out lol

bid at 8.11p 9.41/am tree shake time must be short of shares

.coldspy I take it you read that supposed wisdom by simply wall st ? if there was ever a sign to buy that's it, it goes to show you the depths they go to , getting quite confident now this will carry on heading north got the finished price today spot on give or take
, tomorrow should bring us to nearly 10p then all set for Friday fun either way and take of Monday

Bab2 this will not go down now on no news every body like me will wait for the BH meeting out come and wondering why any one would sell because not many went sub 6p and the same for 7p but has a very good chance to muti bag I can understand some investers taking profit but not trying to day trade here. Still holding strong my prediction from last night about on the nail but plenty of time from now to meeting steady rising to meeting.

All the big sells either just filled or reported late help yet again to shake the tree MMS working hard on this one, but I believe the shares are in short supply judging by the figures, hold them if you have the nerves

Don't like leaving it to NT BUT ON THIS OCCASION good decision

Looks like they no longer can keep it down day traders this is one to keep.

NT to buy swallowed the pill and put order in this will start to rise again not much in free float and getting less and less

Riskisprofit MTMY FIRST bagger 2019 and well loaded, as well as here but you will prove to be correct this will have a nice steady rise suggest Pis do some research this well could be the second bagger for 2019 anyway GLA

Looks as if they are better figures than there estimates on there detailed accounts, now these are out, and investors can see were they have moved to turned this company around and now making masive profits with less exspenditure and overheads slashed--- let's see how the Market takes this tomorrow ? I would say 43% 7.86p my orders already in and wouldn't be surprised if they let it go all together but I think they will hold of till the finalised deal with bond holders GLA

Indeed Ironic well laid out figures and all correct so why wouldn't it return to march sp? If this was to happen a few things would have to fall in place.
1) end of January's new accounting system review to be positive.
2) update on contracts for 2019 .
3 new contracts on water accounts to be accessed

If all above fall into place and are positive this could easily bring back institutional investors and investors looking for diverdend based investments.
I would exspect this will rise now to the end of January and depending on the news that's released end of January beginning February which if proves to be good this will indeed rerate to past exspectations, so now is the time to get in here imho
I am fully loaded here and would like to think this could be a winner for 2019 all the details say it will so best of look to all here

Looks like will have to wait till Tel Aviv wakes up and we will see some movement if anybody wants to sell that is I think not.

With the sudden drop in share price many investers got caught here including myself and having averaged down here and still siting on a huge loss, story of my life at the moment have ended up with a huge holding. So I would exspect others have done the same, and if there anything like me they won't be selling any time soon with averages of £2/£3 or so. 4,500,000 seems very high I won't be going any place till it hits £3 and hold 250k here Hopefully sooner than later.
If you look back over the buys 2 to 8 weeks ago there was more than me buying or averaging down there was some masive buys in trenches of 20k/50k at about the same times of day or on late trades, average I would say 145p /153p buy price ? could be top ups from institutional or a positive investor? And unless they sold at a huge loss this would see a minimum 1.7 mil shares locked in plus my own so my feeling is that the free float not taking in to account many Pi's in negative positions is not that many hence the stall yesterday my view anyway. we will find out soon with short supply this will have upward pressure quicker than most think so the graphs go out the window here and the more positive this market share becomes the more the price will accelerate, exspect some good news and updates going forward and checkout there web site on sales terms and utilities contract pricing ? Not cheap , but remember in bussiness supply, and multi accounts it's all about service and not who's the cheapest ? that's even if they are aware of what price they are paying its easy to muscle in on the big 5 suppliers with there rip of prices and they don't do water something YU have , the market has just woken up to this but Yu have been pushing for some time and built a bussiness from nothing,in its-self not cheap to do and nothing to stop them building forward they certainly not put the breaks on my no means. IMHO but do your own research

You might want to read my POST again it's clear and to the point and would be of benifit to actually read what was posted in conjunction with the RNS releases under review? The last RNS sets out to reinforce the previous releases. the BOD to my mind were upfront and responcerble in there mitigation of any further damage due to accounting problems no excuse I know but a will provide a clean bill of health with the actions they have taken, If you can see any were there would be a problem would love to here it.

Jessel have you not looked at the RNS concerning FCA inquiries? It's not the books but the notices they released and going on the accounts investergation they seem to of got it spot on, but feel free to read and comment , ALWAYS a wise move before you jump into any investment.

MMs not going to drop on sells making it very hard to swallow topping up here but it's a good sign at least they see were this is going should rise again from here?

MMs have none to sell, they will have to let this rise to make a market. 10p by 12pm imho that will get the market going