||EPS - Basic
||Market Cap (m)
|Construction & Materials
Ultraframe Share Discussion Threads
Showing 701 to 724 of 725 messages
|Looking very grim yet again.|
|I agree with you. It is a sh*t company, pure and simple. Even so, the chart tells a more positive story than the fundamentals.
Regardless of what either of us thinks, it is what the market has to say which is most important of all.
Next week will tell the tale. Enjoy your weekend.|
|Just that the fundamentals remain cr*p.
UK sales still said to be down and margins severely affected.
Two predators believed to be looking at the company but what might they pay?
curious, I don't mean to be dismissive of technical analysis and ideally it's worth fusing with the fundamentals. I keep an open mind and it will be interesting to see how UTF plays out when the TA & Fnds look contradictory.|
|I don't know if any of you noticed but the chart is looking very bullish.
The highs on Oct 12 05 and Feb 10 06 are the baseline of an ascending triangle. We have just risen up to the base. Monday could be quite interesting. The chart suggests the next point of resistance (assuming a breakout occurs) is in the 45 area.|
|"Free Willy 2 - 8 Mar'06 - 10:18 - 348 of 348
RNS re Legal Appeal by Ultaframe in USA being ended. Probably relief at no more big bills."
where is this RNS that triggered todays rise?|
|RNS re Legal Appeal by Ultaframe in USA being ended. Probably relief at no more big bills.|
free willy 2
|Can not find anything on company web site..|
|Speculation about divestment of US side, looks likely.
According to recent RNS, a couple of US investors had piled in - presumably they (think they) know something. They must have good grounds because on fundamentals the stock otherwise doesn't look worth owning.|
|Indeed! Somethings up but what?|
|Any news? - sharply up today|
|Any news? - sharply up today|
had a very good look through the company website and couldn't find the article. might explain the rise i suppose if they're gonna dismember themselves and sell off the body parts.|
|No website for the mag or its publisher.According to the article it is on the companys' website !
They also do' Heating andPlumbing monthly',Roofing,Cladding and Insulation-get you name down at your local newsagent now!
All I could do is scan it?|
|Which website? Not Ultraframe's, or is there one for a thrilling "Conservatory magazine"? All google elicits is one for conservatory music.|
|Article in the trade magazine'Conservatory magazine' out this week which is a fullpagespread on 'Ultraframe considers sell off'.According to this Rothschilds have been called in to look at the disposing of assets,including the possibility of the whole division.Again looking to maximise shareholder value.All this is on the website.|
|As a portfolio investor not industry operator, I am not prepared to credit more than about 15p a share on the basis UTF had £48m of intangible assets on its last balance sheet.|
|EDmond J - Whats the NAV roughly?|
|Looks as if these Yankee investors buying disclosed stakes just recently (see RNS) know what they're up to, paying a big whack premium to NAV (deducting intangibles), is something leaking from Rothschild during the strategic review?
All very strange if UTF really is a dying beast!|
|"...this sorry excuse for a company..."
Love it! Nice turn of phrase.
It immediately conjured up an image in my mind of some poor old mutt who's reached the end of the road and is being put down because it had become an embarrassment to itself!|
|curious - Good posting|
|I haven't contributed to this board before. I'm one of the silent watchers. But I would like to share a few observations with other posters.
Some of the posters on this board are switched on, but several miss the mark by miles, in my opinion.
The facts are plain to see. UTF is a poor company. There is no getting away from it. Their sales are falling steeply and have been doing so for a few years. One poster recently argued that it doesn't matter because it happened in the slow winter season. That makes no sense since declines are measured against a comparable period the year earlier.
And we must not forget that sales have been nose-diving for a long time and show no recovery despite the fact that the UK has been enjoying a wonderful housing bull market for several years and has plateaued at a high level. If these chaps can't turn things around when the economy is strong and the housing market is hot, the simple truth is that they are beyond hope.
The US subsidiary is supposedly doing a bit better but you need a magnifying glass to spot the improvement.
Think about it. The US consumer is spending like there is no tomorrow. Their housing market is red-hot. The UTF subsidiary (supposedly) has the most recognised brand name in America. And despite all of this, they can't grow.
I bought these shaes a few weeks ago in the mid 20s. I am perfectly happy to hold them and hopefully double or triple my money for one reason. This company does not deserve to exist as a stand-alone publicly-listed company. There does not seem to be any reasonable hope for them
The reason for their trouble is obvious. They don't have competitively priced products and have too much overhead to allow them to cut prices down to competitive levels.
The only way for them to survive is to be taken over by a larger company where economies of scale can click in. Or perhaps a builder or big retailer who can display their products and boost sales via their own store traffic. Perhaps a garden centre or building supply company. Another option for them is to go private.
In my opinion, this is what is driving shares up because other investors are reaching the same conclusion.
Given a 30% premium over current prices for a takeover, it could mean a takeout price in the area of 51 or so. I don't claim this will happen but it seems like it is the only option for this sorry excuse for a company (in my opinion).|
|The key thing is that the US business is doing well because of the size of this market. That means it should attract a decent price.