U And I Share Discussion Threads

[dekle] 01/5/2018 09:02

Thanks eeza

[eeza] 01/5/2018 07:38

12p supplemental XD 10 May
3.5p final XD 19 July

[dekle] 01/5/2018 07:33

Do we have an ex dividend date?

[speedsgh] 30/4/2018 12:30

As expected, Simon Thompson has updated on UAI in his IC column today, retaining his BUY recommendation...



... On this basis, U+I's shares are trading on a 30 per cent discount to NAV and offer a prospective dividend yield of 6.4 per cent, an anomalous valuation in my view given that the company is set to pay out dividends (including those just declared) representing a fifth of its market capitalisation over the next two years, and is also growing its NAV. Buy.

[eeza] 30/4/2018 09:45

The number of buys vs sells will always equal each other. There has to be a seller for each buyer.
It is the strike price at which they agree the trade which is the important part, and which determines the direction of the share price

[bluerunner] 30/4/2018 09:27

Either way, there are more buys than sells so far this morning.Some people sell for short term gain and are not interested in dividends.

[eeza] 30/4/2018 09:23

ADVFN's buys & sells are meaningless in a SETS stock where investors using DMA can buy at the Bid and sell at the Offer.
The direction of the share price always tells whether the emphasis is to the buy or sell side.

[bluerunner] 30/4/2018 09:09

They generally do and it is generally blue!

[asturius101] 30/4/2018 09:05

look at the trade price....advfn does not always get the colour right!

[bluerunner] 30/4/2018 08:36

There are hardly any sells so far this morning. Mainly buys on my screen.I think this will get covered on IC at 12pm today. Long way to go.

[asturius101] 30/4/2018 08:29

i dont get why ppl would still sell...literally only a few weeks to the special div but still seeing sell trades

[asmodeus] 29/4/2018 16:32

And was there any?

[bluerunner] 29/4/2018 09:43

That last post should read 'greater coverage in the media'.

[bluerunner] 29/4/2018 09:01

UAI should gain greater media coverage in the media this week. I would be amazed if it is not covered in ST's update tomorrow, given that it is in his Bargain Portfolio for 2018.Shares mag should also be updating as they also covered it.Perhaps this will be the catalyst for some upward momentum in the share price.

[hedge fund harry] 27/4/2018 16:15

News out! Aberforth Partners LLP have increased to 12%+

[speedsgh] 27/4/2018 11:11

From yday's results:
"Over the past three years, we have put the foundations in place to deliver against a set of demanding financial targets - aiming for consistent, annual total returns of 12.0% post tax. Over the three-year period to the end of FY21, we aim to achieve this through targeting £125-150 million of development and trading gains from existing projects, £15.0 million of added value from investment activity and enhanced operational efficiency."

Details of current targets for development & trading gains over the next 3 years can be found on pg14 of the results presentation and are summarised below.



FY2015 - £46m achieved - special div 8.0p - total div 13.9p
FY2016 - £51m achieved - special div 8.0p - total div 13.9p
FY2017 - £35m achieved - special div 2.8p - total div 8.7p
FY2018 - £68m achieved - special div 12.0p - total div 17.9p
FY2019 - £45-50m target - total div 13.9p*
FY2020 - £45-55m target - total div 13.9p*
FY2021 - £35-45m target - total div 12.4p*

* Liberum forecast

[hedge fund harry] 27/4/2018 10:30

UK property group confirms it is in running to develop €1bn new urban quarter in Dublin

[asturius101] 27/4/2018 10:24

dont get it - being offered 2.1315 on a dummy sell for a few k but there are trades at 2.11 for a few hundred shares - very odd...

[spob] 26/4/2018 15:47

all i know is that i used to receive tax credits for dividends and gordon brown stopped it

[speedsgh] 26/4/2018 15:26

@spob - "dividends are taxed so shareholders do not reap the full benefit of those funds"

not in all cases e.g. dividend distributions paid by UK resident companies and received by other UK resident companies are generally not subject to corporation tax i.e. they are tax free.

[this_is_me] 26/4/2018 15:12

In theory I always like to see buy backs since over time they increase value (and the wife can't spend the dividend)

In practice the majority of boards are completely clueless regarding buybacks and frequently only buy back shares at the top of the market rather than when the share price is low. A 9% buyback programme at the current share price instead of a dividend would be much better value than any of us reinvesting our dividend with accompanying income tax etc. costs.

[spob] 26/4/2018 14:27

there is no buyback illusion if the shares 'genuinely' trade at a massive discount imho

as is the case here

dividends are taxed so shareholders do not reap the full benefit of those funds

[kenmitch] 26/4/2018 14:15

I've bought today partly because of the special dividend as I much prefer specials to buybacks. Plus and minus points of buybacks have been debated to death, so will just point out that many Investment Trusts use buybacks to try to control the discount but often with little success. The discount often narrows a bit while they are buying back and then widens again when they stop. With special dividends included, the UAI dividend income is around 9%. That's real cash and well worth having. Also I would rather the likes of UAI and Investment Trusts used the money they spend on buybacks on investments. If they invest it wisely the benefits can be far greater than the often illusory buyback benefits.

There is no right or wrong on this issue but a balance of opinion and weighing up the plus and minus points. And my choice is always special dividends and/or increased ordinary dividends ahead of buybacks.

[hedge fund harry] 26/4/2018 14:12

The shares closed yesterday at 207.5p bid 210p ask so they have moved up a grand total of 3p, a 1.5% rise on these superb results. It makes you wonder what would have happened if the results were bad.