Ultimate Finance Share Discussion Threads

[cactus100] 12/1/2011 18:59

Up again. tumbleweed...

[cactus100] 11/1/2011 14:59

Up 15% now. Something brewing? Has clearly been oversold IMO

[cactus100] 11/1/2011 10:43

A tick up.... anyone alive here?

[donemyhomework2] 26/11/2010 13:56

Hard to figure out which are sales and which are buys. I did a dummy this morning and 12.55 you could sell and 12.95 to buy.

So the 100,000 at 12.75p is ???????

And then 125,000 at 12.75?????

[magic198] 25/11/2010 17:44

A lot of trades around what appears to have been a fairly benign, mildly bullish AGM, seems to be a lot of buys, but price not moved. Anyone know anything?

[magic198] 03/11/2010 11:24

All looking very soggy, not surprising with the heavy dilution and high price paid.

[magic198] 15/10/2010 18:38

Agree price seems very high, good deal for Ashley, not sure about for Ultimate. As banks will not lend, market should remain OK for discounters so long as they can manage their bad debts. Overheads will rocket, can they maintain Ashley's margins?

[magic198] 12/10/2010 15:59

Yes, expensive dilution, as expected. Presumably fee includes more than just acquisition fees. Hopefully the deal will be earnings enhancing. Ashley are at the small but more expensive end of financing, hopefully more profitable.

[solarno lopez] 12/10/2010 08:38

Somebody is taking the MICHAEL with a fee of £1m or does it include the costs of acquisition as well

[donemyhomework2] 12/10/2010 07:43

So it was Ashley after all!!!

Very expensive placing ; I thought TAN raising £2m with £200k expenses was a lot but nearly £1m to raise £2.75m??

[donemyhomework2] 12/10/2010 07:43

So it was Ashley after all!!!

Very expensive placing ; I thought TAN raising £2m with £200k expenses was a lot but nearly £1m to raise £2.75m??

[donemyhomework2] 08/10/2010 11:09

Well if it is Ashley Commercial Finance Limited they have a March year end with the 09 accounts in.

They submit abbreviated accounts and there is after tax ( an possibly dividends) profits of nearly £300k and I suppose more in the March 10 accounts.

[donemyhomework2] 08/10/2010 05:45

I had a look at Ashley's website; looks quite interesting.

Shrek and Jambo ; how do you know?

[jambo172] 07/10/2010 12:52

Ashley it is.

[donemyhomework2] 05/10/2010 07:14

Well if they were in an advanced stage we should hopefully hear this week.

[magic198] 01/10/2010 16:17

About time we heard something?

[magic198] 27/9/2010 14:32

Depends on who and whether market feels it will be earnings enhancing in the short term, also impact of fund raising may have an impact.

[340r] 27/9/2010 12:34

I wonder how all this will affect the share price?

[donemyhomework2] 27/9/2010 07:04

Magic,

I agree but in essence UFG is buying the private company but the private co will have control by virtue of the number of shares issued to see through the aquisition.

[magic198] 26/9/2010 08:39

DH - I was thinking of a private company reversing into UFG, rather than another quoted company. There are a few private CID companies around.

[donemyhomework2] 23/9/2010 16:15

Magic,

How many smaller quoted companies in the same industry are there? I dont think so. Must be a private company and will buy them out with shares and some cash IMO.

In summary I think it will be an earnings enhancing deal.