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UCL Universal Coal

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Universal Coal Investors - UCL

Universal Coal Investors - UCL

Share Name Share Symbol Market Stock Type
Universal Coal UCL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% -
Open Price Low Price High Price Close Price Previous Close
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Top Investor Posts

Top Posts
Posted at 03/4/2018 20:20 by davethechef
Well I'm still receiving divi cheques, which at least pays for a few beers lol!
Better than nothing I suppose! Im sure we've all had shares which we've lost everything, when suddenly gone into administration etc, as a seasoned investor I will admit.
Mainly into AMED, and awaiting positive news there.
GLA.DYOR.
Posted at 23/1/2012 22:21 by davethechef
Universal could be looking for strategic partner in SA

COMMENT PRINT






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By: Esmarie Swanepoel

23rd January 2012



TEXT SIZE






PERTH (miningweekly.com) - South Africa-focused coal developer Universal Coal on Monday reported that it could possibly start a search for a strategic investor to assist in developing its coking coal projects.

ASX-listed Universal said in a statement that it was expecting increased interest in its coal assets, and following a number of informal approaches and discussions from groups within the steel sector, the company was pondering the appointment of a specialist adviser to assist in securing a partner.

The coal developer noted, however, that it had not received a formal statement or offer from any party regarding its coal assets, adding that it was continuing discussions with various equity investors and industrial groups in the steel and power generation sectors.

Universal was aiming to become a midtier coal producer by 2015, as three of its thermal coal projects in Mpumalanga are set to start production in 2014, and the first two of its coking coal projects in Limpopo were expected to come on line in 2015.

The developer pointed out that its Berenice-Cygnus coking coal project, which had a gross resource of some 1.3-billion tons, was already attracting investor interest.

The project is situated in the emerging Soutpansberg coalfield, near the Mozambique and Zimbabwe borders, and is located 30 km from a railway siding linked to both Maputo and Richards Bay ports.

A second phase of drilling at Berenice-Cygnus was scheduled to start in early 2012.

Miningweekly.com report today
Posted at 23/1/2012 07:48 by oneglassbead
Universal Coal responds to media speculation regarding strategic investors:



"The company expects increasing interest in these assets, and as a result, and following a number of informal approaches and discussions from groups within the steel sector, Universal may appoint specialist advisors to assist in securing a strategic investor for the coking and thermal coal assets."

"The company said in December that the Berenice-Cygnus project, in particular, with a gross in situ resource of 1.3Bt declared from the first phase of drilling, was already attracting interest."
Posted at 06/3/2011 16:46 by kayaks
A summary of all the major stories on the Australian Stock Exchange
December 2010 IPOs with Universal Coal up 92%
Friday, March 04, 2011 by John Phillips. Proactive Investors Australia are here to provide a performance review three months in.

Universal Coal (ASX: UNV)
IPO Offer: $0.26
Current price: $0.50
Price change: 92% increase

Universal Coal (ASX: UNV) is an emerging near-term thermal coal production and development company with assets in South Africa. In January BGF Equities placed a $1.00 target on the company.
Posted at 05/11/2010 19:28 by kayaks
it would seem that UCL's promised float on ASX has come to nothing, again the investors have been royally screwed
Posted at 14/11/2005 13:33 by boadicea
hounddog/rambutan -
There is no definitive answer to the value of this stock until it is revealed in the effluction of time. In other words, its valuation is entirely dependent on what assumptions of the future you deem to be reasonable.
What we do know is that the business has relatively fixed overheads and that the drop-through to the bottom line of any change in gross revenue is very high.
On this basis, a forward projection based on recent growth rates roughly justifies the present price imho. If exponential growth were assumed (which would be super-optimistic imo) then the present valuation would look distinctly modest. We do not yet seem to be in a market saturation phase although this will arrive eventually.
It is the quasi-fixed overhead situation that makes consolidation in the industry so attractive and gives a takeover valuation potential above the intrinsic stand-alone value. This feature is enhanced as the saturation phase is approached and organic growth becomes more difficult. Buying out competion is also more profitable than squeezing it out with margin pressure and the consumer is therefore more likely to suffer than the investor. Getting agreement on regulatory anti-monopoly action is difficult in the international arena, so this type of business in general looks set for interesting and profitable progress in the foreseeable future.

I wouldn't pick UCL as the only payment processing/settlement stock to back, but given its current growth rate it deserves to be included in a selection of three or more.
All imho and dyor.
Posted at 27/10/2005 12:42 by hounddog1
news on the wire is that UCL will announce one major deal in the very near term. UK based operator - competition was savage on this one so the story goes - and they had to give it away as they make their money on the FX and not on the fees even though this is not transparent to either investors or customers....
Posted at 12/10/2005 10:35 by boadicea
Sentiment remains positive this a.m. against the general market trend.
Deals of ~£30K are not small investors dabbling.
Look like all buys if you adjust for the publication delay on the deals over 6xNMS.
Posted at 28/9/2005 20:07 by ppowerscourt
You're right, Wiganer. Resource small caps is a prolonged pain; often 12-24 months wait for germination. Oil explore is faster than mineral explore. At least with the former, there's the rumour/waiting for news game which can earn investors interest money! Been nursing KYS for too long!

Exception today is Cardinal Resources! (The Grand Daddy of oil is His Eminence Sranmal.)
Posted at 29/8/2005 11:32 by rambutan2
from sunday telegraph yesterday...
United Clearing

United Clearing, the Aim-listed provider of clearing and settlement services to mobile telephone networks, has been growing impressively. Interim pre-tax profits in April jumped by 345 per cent to £477,000. The shares have jumped from 90p in July last year when the company moved to Aim from Ofex to 122p.

On August 22, Atul Devani, the chief executive, and Kirit Ruparelia, the managing director, and their spouses sold a total of 2.14m shares at 110p in the company, which has a market value of £21.7m.

While investors were unnerved, the company argues that the sales were prompted by huge demand from institutional investors for the stock. United is understood to be close to another major contract, so - given the strong growth prospects - investors should hold on.

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