ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

UEMS Utilico Emg Sub

38.35
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Utilico Emg Sub LSE:UEMS London Ordinary Share BMG931071374 SUB SHS 0.005P (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 38.35 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
35.70 41.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 38.35 GBX

Utilico Emg Sub (UEMS) Latest News

Real-Time news about Utilico Emg Sub (London Stock Exchange): 0 recent articles

Utilico Emg Sub (UEMS) Discussions and Chat

Utilico Emg Sub Forums and Chat

Date Time Title Posts
15/3/201816:34Utilico Em Mkts Subscription shares40

Add a New Thread

Utilico Emg Sub (UEMS) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Utilico Emg Sub (UEMS) Top Chat Posts

Top Posts
Posted at 10/1/2018 14:53 by kenmitch
Yes, surprising spread is tighter as often it is widened a month or so before final expiry date.

Share stalling again at previous peak level. Hope it will at last break through and send UEMS higher. 50p would be good!
Posted at 10/1/2018 11:25 by hiddendepths
Knocked out half at this price rather than let the trustee have a go. Taking up the other half as long term investment.
Posted at 09/1/2018 15:43 by davebowler
UEMS should be trading at 49p by rights but is 41p
Posted at 02/1/2018 15:15 by vulgaris
At 35.5 offered and 183 to pay for conversion these give a net price of 218.5 for UEM, vs 226 in the market.

Even allowing that UEM has one more XD move, lopping 1.5p, before the last conversion date at the end of Feb, UEMS continues to look too cheap.
Posted at 20/7/2017 15:27 by kenmitch
Yes. At last. 37p. Still far too cheap but can't see that changing. No idea why the MMs keep both buy and sell prices way below where they should be. The plus point is we can buy way below the price we should have to pay. The whole idea is that investors expect to pay a PREMIUM for a warrant - i.e pay extra for the time value left. Instead these days they are on offer at a big discount. We can always get full value by exercising or with luck somewhere near by letting UEMS lapse and leaving it to the trustee, so it's not a big negative.

Still think fwiw that 250p share price is a very reachable target. UMES then worth 67p, but probable sell price around 60p which is still double the UEMS price since my April post. Even just 240p and worth 57p and trading around 50p will give another 30% gain from price today.

vacnendak.

It's far better (if bullish on share price) to continue to hold UEMS than exercise next month.

Have had a look at EQN. Looks tempting but if market knows rights issue on the way that might keep lid on share price. I like to buy in the dull phase AFTER a rights issue and while all those extra shares are being digested but will keep an eye. Thanks for the heads up.
Posted at 17/7/2017 18:32 by kenmitch
Not converting mine. Hoping UEM can go up around 7% to 240p by early next year. That would make UEMS worth 57p so even if still at a discount UEMS should then reach 50p.That's 40% above current 35.5p buy price. Why convert to get 7% instead of continue to hold UEMS for possible 40%?
Posted at 20/6/2017 15:23 by kenmitch
neutronium.

Sorry. Have only just seen your post and question.

It's not unusual to see the sub move in opposite direction to share. Read nothing into it. Subs are traded by very few and a few buying the subs on share down day or vice verse can cause it. The thing that matters is the price against the share price. And even today with both UEM and UEMS up at 226p and 36p UEMS is worth 43p so is still too cheap.
Posted at 12/6/2017 14:51 by neutronium
Hi Ken

Yes, valid point, current price would suggest it is trading at a major discount, similar to UEM which has a NAV of 246.28 (as closing Friday) with a share price of 225. The discount swayed me in the first instance in investing in UEM directly and now constitutes my entire EM exposure (albeit I took a small punt on Brazil after the recent fall, time will tell on that one!!). It is only recently that I've looked at the subscription shares - if I am happy to invest directly with the principle fund then, as you say, it is a 'no brainer'.

Incidentally I've noticed that UEMS does not mirror the main share price movements and can drop on days when the main share rises, is there a reason for this??
Posted at 09/6/2017 21:13 by kenmitch
Neutronium.

Wide spread is not a problem IF confident share price will go up.

UEMS is way too cheap.Share 225p to sell so UEMS worth 42p but could be bought for just 31.5p today. So even allowing for spread UEMS is a stunning bargain. Quite a lot of UEMS buys today so some clearly realise that.
Posted at 07/4/2017 09:02 by kenmitch
UEM again at 218p to sell and worth 35p but can be bought for just 28.25p.

The only trades so far today are one tiny sell and another 4000 or so at 25.5p. Why sell when such incredible value unless thinking the share is heading down.

UEMS is likely to continue to trade at a discount, and it could even widen a bit too.

But it's amazing so few investors are aware of this bargain. Target just 5% more on the share price to 230p and UEMS will be worth 48p. OK the discount could get even wider, at share 230p UEMS should be at least 40p to sell.

i.e not far off 50% gain compared with 5% for the share.

As long as this isn't the peak for UEM, UEMS looks a no brainer.

EDIT. £1000 UEMS stake - profit around £500 for 5% share price rise any time between now and next Feb.

£10000 share stake. - profit around £500 for 5% share price rise.

Same profit. £9500 less staked.

Share goes down 5%.... loss on UEMS ( if not selling out long before share falls that much) would be around half the stake, i.,e £500., Loss on £10000 share stake would also be £500.

If wanting to hold the share long term, then just exercise UEMS at expiry for no dealing or other costs.

i.e if holding, say 3500 UEMS, then exercise by using UEMS to buy 3500 UEM at 183p a share.
Utilico Emg Sub share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock