Icbccss&p500usd Discussion Threads

[noirua] 07/12/2018 11:36

UniVision Engineering Limited - UVEL - Interim Results
-- Profit attributable to the equity holders increased 391% to HK$10.6m (H1 2017: HK$2.1m);
The profit attributable to the equity holders of the Company is GBP1m (2017: GBP213K).


-- Revenue increased by 187% to HK$66.8m for continuing operations (H1 2017: HK$23.2m);
i) 264% growth in the income from construction contracts;
ii) Improved gross profit margin of 6% from maintenance contracts.

-- Positive cash generated from operations HK$6m (H1 2017: -HK$6.4m).

The increasing demand for wireless network infrastructure is the key growth driver for this market. The demand to replace analogue systems with Internet protocol based systems is also expected to boost the market.

The Board believes that winning the Major Contract from MTRC should allow UniVision to market its brand to purchasers of similar systems outside Hong Kong.
The Company intends to explore other market segments, such as rolling stock business on railways, to strengthen business growth in the Group.

The Company keeps moving forward in CCTV segment and gradually to safe city concept by introducing video based analytics to big data AI processing. At the same time, the Company still keeps an eye on overseas projects of similar size.

The high demand for its network and high definition security and surveillance system provides the Group with an excellent opportunity for future growth in these markets.

[noirua] 28/11/2018 14:25

UVEL Half Year Results due out today, Thursday or Friday. Turnover set to rise from £2.25 million to £6.25 million. Profit figures are really only a guess until results are out. Main contract is with Hong Kong State owned Railway group MTR.

[noirua] 28/11/2018 14:19

UVEL Half Year Results due out today, Thursday or Friday. Turnover set to rise from £2.25 million to £6.25 million. Profit figures are really only a guess until results are out. Main contract is with Hong Kong State owned Railway group MTR.

[noirua] 08/8/2018 12:50

Since last posting here in 2016 UVEL shares have improved fom 0.65p to 1.9p - up 190%.
This is really good going but the shares are well down from the intra-day peak of 4.5p in May 2017.

-----

UVEL Univision results are out week beginning 13 August, as stated by company in RNS.



Trading update in April indicated present order book is at £44 million and everything going swimmingly.

[noirua] 13/8/2016 12:35

Univision UVEL -

[noirua] 17/5/2016 13:30

Univision shares presently trade at 0.55p - 0.75p though trades are going through at 0.56p to sell and 0.64p to buy. This compares to the sale price of 41.5% of off market shares by Chairman Stephen Koo at 2.32p plus dividend for year ending 31st March 2016.
There is no certainty that transactions will be concluded or any offer will be made for on market shares, but UVEL shares are presently at a discount of 72% for shares bought at 0.65p or less, so far today.

[the stigologist] 21/9/2015 11:57

Anybody know how much cash the Chinese frauds listed on AIM have cost Investors ? Must be running into billions now ?

From UK investors directly into pockets of Chinese conmen.

And now George Osborne has signed a Nuclear deal with the Chinese !

So we fund them to control our nuclear destiny . Cripes.

[noirua] 19/2/2015 13:41

UniVision Engineering Limited -- Information Thread - ADVFN - Free Bulletin Board

[noirua] 19/2/2015 13:37

UniVision Engineering Limited -- Information Thread - ADVFN - Free Bulletin Board

[noirua] 19/2/2015 13:36

UniVision Engineering Limited -- Information Thread - ADVFN - Free Bulletin Board

[noirua] 23/1/2015 14:30

At a UVEL purchase price of 1p you have Univision in Hong Kong and Taiwan plus Leader Smart worth asset value at £13.5m ( 3.5p a share ), at present exchange rates. We can see why the Chairman holds 72.9% of the company. If I had the cash available I would buy loads more shares 'before the penny drops'.

[noirua] 15/1/2015 21:24

Why would the company's Chairman purchase shares at 1p? Because this price is just £3.7m for the shopping mall plus Univision in Hong Kong and Taiwan. Leader Smart (Zhongshan Mall) is worth £13.5m at present exchange rates which shows how cheap UVEL shares are. The strength of the HK$ against sterling adds to the attractiveness.

[noirua] 06/9/2014 16:13

The breakout came guys on 5th September 2014. May be more to go for on Monday but markets are fickle creatures, we'll see.

[noirua] 25/3/2014 01:21

Univision UVEL now at 0.9p: Basics are that their mall interest is valued at £15.3m against a £3.4m market cap. Dividend last year was 0.0625p and profits are rising strongly in Hong Kong and pointing to a higher dividend for 2014. Many are hoping for a cash return on the mall sale noting the $3.95m loan was forgiven. The Chairman and CEO Mr Stephen Koo is in London on Wednesday this week.

[hedgehog 100] 30/11/2013 20:41

Shaft Sinkers (SHFT) revealed in its IMS a couple of weeks ago that it was moving into China, following its success in India:

14/11/2013 07:00 UKREG Shaft Sinkers Holdings Plc Interim Management Statement

"...Collaboration agreement signed with China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd. ("NFC"), one of the largest Chinese Engineering, Procurement and Construction Management ("EPCM") companies..."

"...The Group also concluded a collaboration agreement with NFC, one of the largest Chinese EPCM companies, to jointly service the shaft sinking market in China. This is a very important territorial shift for Shaft Sinkers into a major new market where a growing number of mines are expected to move to underground mining in the near future...."




It looks to be a very mutually beneficial relationship.
NFC clearly feels the need to calling upon SHFT's services - and it's tribute to SHFT's expertise and reputation that they were chosen - and a joint venture will help to open doors and reduce risk for SHFT in this huge market.


Some info. from NFC's website:

"The PRC is the world's largest consumer and producer of lead and zinc, the Group believes the zinc and lead mining industry will provide potential investment opportunities required by the Group. With a mission to become the leader of the lead and zinc mining company in the PRC, the Group has planned to continue acquiring mining assets in the future to expand the business."

[noirua] 16/10/2013 15:07

Naibu Global - Chinese Sportswear Manufacture - NBU
Simon Cawkwell - 16 Oct 2013 - 11:48:59 - 531 of 537
Gentlemen,

I may be wrong but I think the market has failed utterly to understand what has been going on here.

If I am right, the sellers at 58p were holders who wanted to realise convertible currency proceeds. The selling was nothing to do with anticipation of the revelation of a fraud.

Buyers are in effect taking on Chinese exchange control risk. But that is quite different to betting that the management are honest.

Simon Cawkwell

[noirua] 12/10/2013 09:06

UniVision - Chinese CCTV manufacturer for the Goverment - UVEL
Noirua - 11 Oct 2013 - 23:49:47 - 5965 of 5966
GEONG GNG, one of the Chinese stocks moving as the market starts to trust the story. UVEL is a case in question, where many seem not to trust the Mall sale situation and a GNG type of spike should come:



My present view that UVEL are worth 2.5p - 3.5p remains. The older target of 4p - 5p should come in time, imho.

[noirua] 03/8/2013 23:21

Why Investors Have Got It Wrong On China | Asia Confidential