Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
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I'm amazed to see this flurry of sub £5k (retail holder) sales going through. We are only days away from seeing updated financials (prior to which the BoD have been making all the right noises) and potentially a very healthy re-rate.
My thoughts to? someone or a few are unloading more or less every day , the new updated web-site has a lot to say one been which they have a separate menu now for agents and consultants sale's basically the same but one gets paid more, guess which one.? this is new and wasn't there before as bobby had indicated that the agents etc was not the preferd way to obtain business sale's, is this a change in heart or is sales not going as it should but from a pi's point I will have to wait for the update to find out---in here far to deep now to get out.
Sales not going well?
At 31 August 2019, contracted revenue for FY 2020 in excess of GBP65m....
The sales team are absolutely smashing it. Lets just hope the margin is right or it could be counterproductive! Only time will tell.
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 .
I suspect the small sells of under £5k is small investors chasing rainbows and not doing research of this companies potential.
Wong. Warm regards.
Woodie
im now holding a decent number below £1. This SP is shocking compared to what they have achieved so far.
Great call for me to wait for the GAP TO CLOSE before i buy. It's still time to buy as it hasn't moved up. I would think that the volume should start to pick up on the buy side from this week. Im expecting GREAT update in next few weeks!
Ice. The spread hasn't been this good for a while.
Spread is very tight....
Why is this not going up with all the buys?
Looks like investors/traders are getting in before this potentially spikes.
DYOR
I am ready to ride the share either way.
Must be a large sell in the background for it to keep the spread at this level .
I am quietly excited. Holding my position with liquidity to follow either way.
Wong, Mks123
Best wishes.
Can see this going blue soon!!!
One of the reason why I bought this stock is that BOD hold 70% of the stock. As at 29 October 2019 the Company has 16,281,055 ordinary shares in issue.
https://yugroupplc.com/investors/share-information/
Please do your homework before buying. Personally, once you have done your homework you will see how great this company is and how hard the BOD are working to making us super rich!
MM will move this up soon and if you are familiar with this stock then you will know how fast it moves up. Best to take a good seat before it takes off!
Think a buy is being worked..... paying over the bid for a while now...
There you go.....blue as expected.
Expecting 1+++ tomorrow
Got there in the end haha