Share Name Share Symbol Market Type Share ISIN Share Description
United Carpets Group LSE:UCG London Ordinary Share GB00B05J4D26 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 10.375p 10.25p 10.50p 10.375p 10.375p 10.375p 76,000.00 07:53:57
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 21.4 1.5 1.5 6.9 8.45

United Carpets Share Discussion Threads

Showing 1776 to 1799 of 1800 messages
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DateSubjectAuthorDiscuss
07/12/2016
12:32
Results due in next 2 weeks
mark1000
02/12/2016
08:28
rolo - the unwanted property is worth approx 100K no big shakes. If they wanted to pay another 1p special div in 2017 they could do that and still have a bank balance of 1.5M plus and grow the ordinary div to 0.4p.
mark1000
01/12/2016
08:16
creeping up again....
qs99
30/11/2016
22:18
ucg did say they would sell of a property they purchased as not required could be a nice xmas divi?!
rolo7
30/11/2016
08:08
indeed, more on the opening...
qs99
29/11/2016
15:05
Seems to be some buying ahead of the interims
lbo
27/11/2016
09:31
Very cheap here, I noticed there is another carpet retailer set up in recent years ex CPR director , they could be interest in ucg as they know the market and don't have stores where ucg does
rolo7
25/11/2016
11:10
thanks LBO...interims last year were early December...nice to see small uptick as we head into December....
qs99
13/10/2016
09:54
rolo7 I stand corrected - thanks I have edited post 1765 accordingly and have purchased some more shares today at less than 10p I think they are cheap time will tell.
mark1000
13/10/2016
09:09
I would point out that the weakness of sterling/strength of the Euro has really disadvantaged the Continental carpet companies. I would really like to know more about the UK carpet market -how much is supplied by UK companies and how much by imports. ?? So I'm not convinced that the current currency position is wholly negative. ANY VIEWS?
meijiman
13/10/2016
09:06
Ex divi was end September payment around 14/10
rolo7
13/10/2016
09:00
FX may be part of the reason for the fall - although CPR has been going up suspect that we have had one or more determined sellers and this has not been matched by buyers. Not many shares with profits growth and a P/E around 6 with around 2M in the bank and no borrowings paying a div of around 4% covered 3.5 times the most recent payment 14/10 of 0.265p per share.
mark1000
12/10/2016
17:27
bit of bashing today
ntv
12/10/2016
12:34
But only positive note maybe people will stay home and not holiday abroad because of weak pound, so hopefully spend money doing up there houses. I think the drop is overdone.
reallyrich
12/10/2016
11:26
Rich - yes after I posted i realised that would be the case. Thanks
norbert colon
12/10/2016
10:55
They buy a lot of their products from abroad or the carpet material is sourced from abroad. Pounds weak drives up costs They actually did mention it in one of the most recent announcements
reallyrich
12/10/2016
10:46
rolo7 - your FX concerns being what specifically?
norbert colon
12/10/2016
09:56
Not looking good, sadly. As usual the guys in the know head for the exit
callumross
11/10/2016
17:01
I sold 20k shares on fx concerns
rolo7
11/10/2016
16:34
some excitement here today some body know something we don't ?
ntv
07/10/2016
08:01
Mark1000 - I am sorry to say I totally disagree with you about Share buy backs as do many they are the worse possible thing to do with spare cash and is definately NOT a special dividend in a share buy back rapper.
loganair
07/10/2016
00:58
Loganair - There is an argument that the company go after commercial property but become more geared say borrow 5 million - the interest rate might be say 5% fixed for at least 5 years ideally the company say puts in another 1.5M + the properties already purchased so the portfolio is worth 7.5M with the 5M being secured against it. The 5M may return 8% in saving rent against 5% interest netting 150K gross profits for shareholders not to be lightly dismissed when it could improve profits of 1.5M by 10% - could also secure important trading sites for the Company as is claimed in the recent purchase. As management get older the idea of a property portfolio as a pension of final resort may be attractive. The downside is it increases gearing and puts cashflow under pressure as the 5M loan has to be repaid on top of the interest. My retirement fund - the company could make an offer to all holders for 5% of their holdings which would be fairer and in view of the liquidity problems with the shares is a practical solution - you should see such returns as a special dividend in a share buy back wrapper.
mark1000
06/10/2016
10:04
The management has always served us PI´s very well. When UCG went bust, another part of UCG bought out the group and we´re all issued new shares in the new company on a 1 top 1 basis, something that many companies could do in a similar situation but sadly don´t.
loganair
06/10/2016
09:21
I think given the company has shrunk somewhat since the days of its IPO several years ago, the argument for sharebuyback is still a valid one. However in practice this is an illiquid aim stock and being able to buy back shares in a fair manner at a reasonable level to market price and fair value would be impossible. Maximising returns to shareholders in the short to medium term should still remain a priority imo and maxing out dividends is still the best way to do this. I would rather have higher dividends and the odd special dividend than see the companies capital sunk into buying commercial properties - if I wanted to invest in properties I would be buying a REIT.
my retirement fund
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