Universal Coal Share Discussion Threads

[e-venturer] 07/9/2005 18:29

Very good announcement today any idea of results dates. There must be broker upgrades every time a new contract is signed.

[boadicea] 07/9/2005 16:26

Wiganer - Given your profit to date I think your move was prudent even though with hindsight you might have done better to hold. Look at it this way - your remaining holding has only cost you about 48p/share if you subtract your profit from its cost. I hope you do as well with whatever you are buying instead.
I am equally pleased to have bought my first lot on the day you sold as I have only just noticed it and I think it has a promising future.

[wiganer] 07/9/2005 10:29

pp- UCL was at one point 60% of my savings/investments by value, which was a bit worrying when it fell below 80p(my average purchase cost was 89p). Even after yesterday's sell, it's around 20% of my savings/investments by value, which is probably high enough for me right now.

[rambutan2] 07/9/2005 10:20

agree that this one looks like the company maker.

although need something a bit more definite than "framework agreement".

[ppowerscourt] 07/9/2005 09:59

Wiganer:

You should buy some more as today's news finally secured a longer term safe prospect for UCL going forward. I certainly will buy more again.

[wiganer] 07/9/2005 09:52

Yup, great news. Having squared my books with my partial sell yesterady, am clinging tight to my remaining holding...

[rambutan2] 07/9/2005 09:02

what a stonker!

and worth a repeat in full...

UCL, the provider of outsourcing support services to the global cellular
industry announces that it has signed a framework agreement to provide financial clearing and settlement services to Orange Group.

Orange Group operates in 16 countries in Europe and beyond; this agreement is
open to all the operations in the group. Orange UK is an existing customer of
United Clearing.

The framework agreement confirms the willingness of United Clearing to create an environment for structuring longer term partnerships with mobile operators.

Atul Devani, CEO of UCL stated "We are delighted to have signed this global
framework agreement with Orange Group. This is a significant achievement after
an extensive market evaluation that endorses to the market place that United
Clearing is clearly one of the most advanced providers of Financial Clearing and Settlement Services to the mobile industry. We very much look forward to
bringing other Orange Group companies the same high level of care and service
that is provided to Orange UK and all operators using our advanced platform.

[wiganer] 07/9/2005 08:18

Not the greatest timing on my part to sell half yesterday, given todays news, but hey, I still have a decent holding, which looks good for the long term. Happy Days.

[wiganer] 06/9/2005 16:17

Sold part of my holding today, at a chunky profit, as needed the money. happy to let the rest ride as a long term holding, as remain bullish.

[wiganer] 04/9/2005 16:35

Yup- happy days

[innovation99] 02/9/2005 12:05

Yep - but today is today and we are back in £1.30 happy land. Be fair, I did say it would take two weeks.

[wiganer] 02/9/2005 11:24

actually to be fair, it was still only 129p on the bid yesterday.

but that was yesterday... :-)

[wiganer] 01/9/2005 10:47

Yes, innovation, you really are useless, lol!

Well done all holders.

[innovation99] 01/9/2005 10:27

Oh dear, back to £1.30 in under two weeks. I must be losing my prediction technique.

[wiganer] 01/9/2005 08:26

Looking good againn today.

[innovation99] 31/8/2005 15:35

As I said on

innovation99 - 23 Aug'05 - 20:15 - 155 of 160

"I give it two weeks (maximum four weeks) before we see the price back in the £1.30 range and thereafter rising."

Its heading in the right direction, although if a major contract is on the horizan (Vodafone?) look at £160p plus.

[wiganer] 29/8/2005 22:45

"United is understood to be close to another major contract"

I'm Loving It

[rambutan2] 29/8/2005 11:32

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.

[rambutan2] 25/8/2005 11:01

another contract win to boost those doubters.

[innovation99] 24/8/2005 22:41

JeffSmith,

Ditto - sub 80p holder so was pleased to see institutional buying at £1.10 which, now takes the uncertainty away as to whether this stocks growth rate had any true long term worth. We now know it does!

The postitive side is that institutions are buying not off loading which means there is still a shortage of this stock in the market. So news of one or more contract wins will see this stock head back north yet again.

Of course, I am bias, as a stock sought after by institutions, that gives me a 30% mark up in less than three months, even at today's prices, is a stock I am happy to hold for the medium term.

[jeffsmith] 23/8/2005 22:21

innovation99
I'm rather inclined to agree with you, but then I've been holding these shares from lower levels and am still convinced that they have much further to go!
JS

[innovation99] 23/8/2005 20:15

Rather hard to say that directors selling to institutions is fantastic news when the share price takes a plummet south in the process. Nonetheless, here goes:- FANTASTIC NEWS!

£1.10 per share for 2.2 m shares is a good price. You try selling 2.2m shares on the market and see if you can get top dollar bid price?

I give it two weeks (maximum four weeks) before we see the price back in the £1.30 range and thereafter rising.

If you brought these for growth with a medium term view, Institutional buying is the best thing that could happen to this company.

[wjccghcc] 23/8/2005 16:01

Been doing this for 7 or 8 years and still learning, though my mistakes have got less over time (but still make them). The one thing I've learned is to go more on 1. cashflow then 2. repeatable profit figures rather than contracts (you never know how profitable they are) or exciting jam tomorrow stocks (they come and go and 90% won't deliver). You do miss out on the beginnings of some good stories (though I still hold my NLR from 166p) but you have a lot less unpleasant shocks.

Good luck with UCL - certainly look an interesting story, but me, I'm waiting for the numbers to see if they make any money from these contracts :-)

[wjccghcc] 23/8/2005 15:16

True, but the NLR founders were reducing their stakes to 49.9% which most of the institutional investors would have wanted since they don't like majority shareholders. Here the founders have reduced to 9% which is a very different kettle of fish IMHO.