U And I Share Discussion Threads

[jl9] 08/4/2019 13:50

U&I explains the share price weakness.

[hugepants] 08/4/2019 08:10

It may be worth mentioning that of U&I investment properties of £142M, £85M are shopping centres and £25M are classified as retail/commercial space.
This exposure may explain the share price weakness.

[mrthomas] 07/4/2019 16:26

Currently at 180 compared to when I bought last year at 200 and made capital and special dividend and dividend gain did in fact very well

Was thinking of doing the same trade this year and the question now comes up has the dividend been achieved for the year I think yes but more importantly as a special dividend being achieved and as the person above has said with 67 days left they're still about x million short

Plus with uncertainty on brexit the markets are very volatile so I'm in a dilemma

The price keeps on going down but is there an upside of 10% if they deliver

[podgyted] 07/4/2019 14:07

1/3/18

"Development and trading gains for FY18 in line with guidance

U+I (LSE:UAI), the specialist regeneration developer and investor, provides a trading update for the 12 months to 28 February 2018, ahead of its full year results on 26 April 2018. All figures disclosed in this announcement are unaudited.


The Company is pleased to report that it will achieve record development and trading gains in FY18, in line with its previously stated target of 65-70m (FY17: 35m)."

22/2/19

"The delay at Kensington Church Street is frustrating. However we remain focused on delivering our target £45-50 million development and trading gains for FY19. This is subject to our remaining identified projects and some smaller projects completing before year end, as currently expected."

Comparison between the two gives ground for quite some uncertainty in my view. With six days to go they had only banked £30m, that's £5m less than FY17 when only a 2.8p Special Dividend was paid.

[hugepants] 05/4/2019 15:33

Looks undervalued at these levels. I've partaken.

[riverman77] 21/3/2019 20:52

Huge discount and looks promising on paper, but why have the total nav returns been so consistently poor over several years? By my calculation average annaul nav returns have been 4.5% since 2012 - pretty poor during a pretty strong period for property markets. Perhaps there's an explanation for this, but at first glance doesn't look great.

[horndean eagle] 21/3/2019 20:14

Its the same old dog its always been. Trade in and out of it but never assume these guys run the company for your benefit. I think even you once die hard believers have cottoned onto that.

[mrthomas] 21/3/2019 13:36

I did very well on this year last year and I'm thinking of buying at 180 but I do worry that they may not be a special dividend this year and if that's the case this share will tank

Need to work out if it's worth the risk as I agree with what others are saying about the special dividend

[skyship] 20/3/2019 11:38

Kenny - you are so right about that dividend comment. Needs a good special to maintain the seemingly high yield. Shouldn't be compared to genuinely high-yielding propcos with covered dividends like RGL (7.8% historic) & RLE (7.3% prospective).

UAI has often sunk into strange looking troughs over the years. When the discount gets into the 35%-40% range then value punters (I am one) will emerge.

This is back onto my active observation list as the RSI has been remorselessly below 60 for quite sometime; and for most of the recent malaise - below 50!


free stock charts from uk.advfn.com

[kenny] 11/3/2019 13:57

The 9% yield depends upon the level of a special dividend. I guess there is no guarantee that a special dividend will be paid and even if it is paid, the level thereof. Without a fairly high special dividend, this becomes a low yielding investment.

Lower development profits going forward and the possibility of property value write-downs is probably also weighing on sentiment. Finally, it appears there are as many as three institutions who are persistent sellers, being Fidelity, JO Hambro and Standard Life Aberdeen, the latter being a very keen seller.

[fozzie] 11/3/2019 13:07

So yield now over 9% and it keeps falling. This surely cannot all be down to the delay at Kensington or the tone of the last statement.

[jl9] 07/3/2019 10:45

When it comes to U&I, optimism is a function of ignorance.

[podgyted] 07/3/2019 07:37

I'm not much on TA but I can draw a very worrying straight line on this one.

News flow very different from last year running up to year end - get the feeling they haven't done it.

[ph1ts] 28/2/2019 09:51

What is pulling this down? I can only see buys going through, and quite good ones at that!

[podgyted] 22/2/2019 07:15

RNS doesn't sound overly confident.

[ph1ts] 12/2/2019 12:16

It's about time this went back up!

[manrobert] 04/2/2019 10:59

just bt back in 5000 at 202.07.advn has it as asell

[speedsgh] 21/1/2019 13:52

Yes, the regular top-ups by Richard Upton continue...

6/7/18 Richard Upton (Deputy Chief Executive) bought 13,818 @ 232p = £32,057
30/8/18 Richard Upton (Deputy Chief Executive) bought 25,000 @ 223p = £55,750
25/10/18 Richard Upton (Deputy Chief Executive) bought 10,083 @ 208p = £20,972
26/10/18 Richard Upton (Deputy Chief Executive) bought 60,000 @ 215p = £129,000
14/11/18 Richard Upton (Deputy Chief Executive) bought 13,333 @ 224.9579p = £29,994
14/12/18 Richard Upton (Deputy Chief Executive) bought 14,150 @ 212p = £29,998
19/12/18 Richard Upton (Deputy Chief Executive) bought 14,150 @ 212p = £29,998
7/1/19 Richard Upton (Deputy Chief Executive) bought 17,156 @ 204p = £34,998
16/1/19 Richard Upton (Deputy Chief Executive) bought 1,915 @ 205p = £3,925
18/1/19 Richard Upton (Deputy Chief Executive) bought 11,720 @ 205p = £24,026

That's £390,718 that he has added since start of last July.

[ph1ts] 21/1/2019 09:43

And more. Hopefully looking at a nice special dividend in April.

[wynmck] 17/1/2019 17:46

another (smaller) buy by Upton...he must be running out of spare cash

[danielbird193] 14/1/2019 14:23

Quite strong support around 200p on various timescales, so if it gets to 195p I'd expect a plummet to 180p. Hopefully the £2 mark will hold though...

[ph1ts] 14/1/2019 13:20

I have topped up, so your 195 should be just around the corner!

[lionheart69uk1] 13/1/2019 11:33

I have a gut feeling that this will eventually come good so will buy if/when it falls below 195p

[ammons] 08/1/2019 21:18

Would be better if it were multiple directors buying, IMO.