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UFG Ultimate Fin.

25.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ultimate Fin. LSE:UFG London Ordinary Share GB0031685414 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 25.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 25.00 GBX

Ultimate Finance (UFG) Latest News

Real-Time news about Ultimate Fin. (London Stock Exchange): 0 recent articles

Ultimate Finance (UFG) Discussions and Chat

Ultimate Finance Forums and Chat

Date Time Title Posts
06/8/201310:11Ultimate Finance Group376
06/7/200918:08TAKE A LOOK AT ULTIMATE FINANCE GROUP621
03/6/200611:20ULTIMATE FINANCE GROUP. Looking good in 2005240
20/11/200420:14Ultimate Finance - going bust before Christmas??8

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Ultimate Finance (UFG) Most Recent Trades

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Ultimate Finance (UFG) Top Chat Posts

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Posted at 22/7/2013 10:04 by the shuffle man
Disappointing reaction as most investors here were expecting an all cash offer around the 30p mark.

Was in this for the long term so will wait for things to settle down so i can reassess.

I think UFG is a great business and its profits are growing nicely. Lets hope this can continue under the new ownership structure.
Posted at 22/7/2013 08:54 by the shuffle man
This could be a good deal.

The way i see it we still own UFG with the same management in place and now as RNVO havent used all their cash they have funds to inject into the business to enable higher growth and for additional acquisitions.

I think this space is still interesting with companies continuing to look for alternative funding sources that the banks are still not providing.
Posted at 22/7/2013 08:44 by henryatkin
I cashed in this morning. If I were a RNVO holder I would be questioning my holdings and dumping them as well - not that I would have held in the first place. That's why I decided to sell today, as Shaka says if the RNVO price drops the deal becomes worse than the current offer price. RNVO management has been pretty inept as to shareholder value to date so why would I have faith in them for the future.
Posted at 18/7/2013 18:10 by 123prezzie
I agree with 340r and it will be disappointing if UFG gets swallowed up in a bit of financial engineering by an outfit like Renovo. The UFG Directors hold about 14% including share options so, if it is going, let's hope they concentrate on negotiating a good share price and not on getting themselves juicy contracts and share options from Renovo.
Posted at 17/7/2013 21:47 by brownie69
Interesting development. I have been hoping they could grow the business further before attracting such attention.
My target price to accept is 34p.
Posted at 24/4/2013 00:43 by shaka198
Market conditions are good for Companies like UFG, so good long term hold IMO, buy on any weakness.
Posted at 23/4/2013 12:11 by cfro
Thanks for the article Henryatkin. UFG still on my watchlist.
Posted at 23/4/2013 11:01 by henryatkin
UFG should be able to take advantage of the governments new Business Bank initiative. Bibby Factors CEO was interviewed about this on radio4 yesterday saying that they would be channelling low cost money from the business bank to small business's. What's good for Bibby is also good for UFG:


By Andy Tait, UK Sales and Marketing Director (Bibby Financial Services)

Vince Cable, Secretary of State for Business, has been unveiling more details about the government-backed Business Bank which is due to come online halfway through next year.

As part of its attempts to increase funding to small and medium-sized enterprises (SMEs) in the UK, the Business Bank will manage £2.9bn worth of existing Government debt and equity schemes designed to ease access to finance, and a further £1bn is to be set aside to boost sectors such as non-bank lending.

As the UK's leading independent invoice finance provider, we think this is welcome news and we will be proactively looking at ways Bibby Financial Services can take advantage of this extra funding in order to pass it on to businesses looking for flexible finance solutions.

It is also welcome news that the Government is recognising the role played by non-bank lenders in supporting SMEs which are looking to grow and fund their businesses to help drive the wider UK economic recovery.

In 2012 we provided £340million in funding to businesses in the UK, safeguarding jobs, helping to fund new businesses and backing entrepreneurship. In 2013 we are looking to increase that even further as more businesses are realising the value of taking on a facility such as invoice finance.

The prospect of extra funds being made available in this way by the Government will support our aspiration as a provider to support record numbers of SMEs over the coming years.
Posted at 03/4/2013 17:20 by shaka198
Still very active, with some big sales going through late on each of last two days, but price holding up, so must be some good support at these levels, encouraging?
Posted at 21/1/2013 16:39 by henryatkin
I've only recently started buying UFG after doing research. I don't know if its been posted about before but Factoring Blog is very interesting. I used invoice factoring back in the Alex Lawrie days of the early nineties for my engineering company. Factoring Blog covers UFG and has a recent comment on sales incentive jolly:
Ultimate Finance share price data is direct from the London Stock Exchange

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