Pawnbroker disappoints, but still looks cracking value
A profit warning from the UK’s largest pawnbroker saw the shares fall back, but the modest valuation suggests there was already plenty of bad news factored into the share price, as we reflect here. Elsewhere, there were upgrades for an energy supplier and digital marketing specialist, both of which carry interesting names. (Premium)
Yü Group: ahead again, but why so cheap....and why the umlauts ? Yu Group (AIM: YU.), the independent supplier of gas, electricity, meter asset owner and installer of smart meters to the UK corporate sector (not domestic!), impressed again with its full year trading update, although we still have concerns about this one and haven't a clue why this UK company decided to stick umlauts in its name! The financial year ending 31 December 2023 saw a record financial performance with revenue up 61% to £450m, well ahead of previous expectations of £439m, and average monthly bookings more than doubling to over…