U And I Share Discussion Threads

[spooky] 04/3/2016 09:54

SKYSHIP - Do you have any thoughts on why the property sector has fallen apart over the last six months? Interest rates aren't going up anytime soon, corporate bond yields have risen a bit, sterling is weak but underlying asset values are still rising. I don't have any real market exposure but intellectually i'm still a little bewildered.

[skyship] 03/3/2016 10:17

Some chunky trades going through again today - 500k so far...

[eeza] 01/3/2016 11:23

Tilts still in with a chance @ 190p.

[skyship] 01/3/2016 08:02

You have a good record of buying at the right time here....so I'll read that as a positive...

[tiltonboy] 29/2/2016 18:41

I will have some at that price SKYSHIP.

Never did see 190p last week!

[skyship] 29/2/2016 16:12

Looks as though another 1.07m have been put through the Market - at 103p this time.

[leedsu36] 27/2/2016 07:07

Right,is everyone agreed,we've got a rise on our hands,yes?

Now you watch next week,it will be sold into by the millions by Aberdeen,Blackrock and Soros.

And they have gazillions to go.

[skyship] 23/2/2016 17:11

I keep reading of purchases in EIRE, especially in Dublin itself. We were in there quite early on, so hopefully more profitable sales to come from there soon...

[hpcg] 23/2/2016 10:12

I only just noticed the slump. It isn't a wonderful opportunity, but good enough in these times.

[rathkum] 22/2/2016 10:24

From Citywire today on 5 shares the pros are buying


Godber and Hamilton seize on U and I slump

Citywire AAA-rated deep value veterans George Godber and Georgina Hamilton have sharply increased their exposure to property developer U and I Group (UAI) following a 30% drop in its share price.

The managers upped their investment to 3.2% of the business worth £8 million at a share price of 200p, down sharply from a peak of 292p in June.

The shares are held in their £725 million Miton UK Value Opportunities fund, the second best performer in its UK All Companies sector over the last year.

U and I Group – known as Development Securities before its takeover of Cathedral Group last year – is an urban regeneration specialist with a focus on London, Belfast and Manchester. It currently trades at a dividend yield of 4.2% and a price-to-book of 0.7, versus a peer group average of 0.9.

Broker Peel Hunt upgraded the company to a ‘buy’ in January on a price target of 290p

[leedsu36] 20/2/2016 15:29

Please remove the rose tinted ones wilya.

£1.90 Tilts?....you'll be in next week then,myself? £1.45,next month.

Oh yes,one insti tap turns off,then another two start to dust their books ready for April............a long long way to fall yet this one.

gla.

[skyship] 20/2/2016 12:51

Tilts - I hate that word ramping, though I know said in jest. It does of course apply to the world of penny stocks; but not to investment grade companies.

In that midsummer'15 spike I actually sold some right at the top @ 290p! Bought back in too early for the next roll of the dice due to BlackRock's decision to exit.

However, agree with you totally that an institutional tap has to end; and when it does, the snap back up can be extremely profitable. 200p is the final sell-off base this time around; so don't wait too long Tilts...

[tiltonboy] 20/2/2016 10:13

Hadn't noticed the fall down to these levels.

Cash freed up from ARTL I might be persuaded by your "ramping" SKYSHIP, if they get down to 190!

Fantastic return last time round even though I was premature on selling.

Love these situations of institutional overhangs whereby the price gets driven down to oversold levels.

Happy to be fleet of foot in markets like this.

[leedsu36] 18/2/2016 11:53

A great time to add!

What while 3 insti's are selling into any rise,yeah wonderful.

[speedsgh] 18/2/2016 10:39

Blackrock lightening their load further. They are now below 5%. Seems to me like a great time to be buying/adding UAI while Blackrock overhang continues to suppress the price. Think discount to NAV. Think possible special div (8.00p paid April 2015). There's a lot to like about UAI at its current level. Aimho.

Holding(s) in Company -

[leedsu36] 17/2/2016 17:48

Have you considered Soros has now had enough and is leaving.

[skyship] 17/2/2016 17:12

"Market knows best". One of the most hackneyed and plain wrong statements possible to make.

In the lower cap companies the Markets merely reflect the personal investment bias of a few powerful fund managers. Swings from the norm, both up and down, provide contrary trading opportunities.

Take a look back at early 2013. The Pru & BlackRock were selling down their holdings and DSC (now UAI) was languishing. Suddenly the tap dries up, the Quantum Fund (Soros) buys; and those ignoring the stats and bleating "The Market knows best" miss out on a near instant 33% gain.

Ignore the doomsayers, make your own judgement; but do make a note in your diary to revisit here at the end of April Finals.

[rathkum] 17/2/2016 13:15

Something is not right here. Market knows best.

[leedsu36] 17/2/2016 08:56

It is another firesale sold into by escaping insti's.

They keep announcing all these seemingly amazing deals and rns's yet the graph above tells the honest truth.

Why,if all is fantastic,are we falling off a cliff?

[speedsgh] 16/2/2016 11:20

Interesting to see Miton UK VALUE OPPORTUNITIES FUND increasing their stake above the 3% level while Blackrock continue to reduce. Appears to be a fair bit of movement by IIs taking place on the shareholder register at present.

Holding(s) in Company -

[speedsgh] 15/2/2016 12:05

Fingers crossed, Skyship :o)

[skyship] 15/2/2016 12:02

Last year's 8p Special dividend was announced with a Trading Update on 24th February. Hopefully we'll see the same, possibly as soon as next week:

[speedsgh] 15/2/2016 10:22

Seems like a decent return over a short period of time. I am also pleased that they are making further progress towards their full year gains. I will be even more pleased if they share some of the spoils with us via special dividend again, rather than just reinvesting it all back into the business.

[skyship] 15/2/2016 07:38

15th February 2016

U+I realises GBP2.3m of profit from sale of Charlemont Clinic site in Dublin:

U and I Group PLC (U+I) today announces that it has sold the Charlemont clinic site in Dublin city centre to Dalata Hotel Group plc for EUR11.9 million, realising profits of GBP2.3 million, representing an IRR of over 50%. U+I acquired this vacant 1-acre site in December 2014 for EUR7.1 million and has since secured a resolution to grant planning permission, subject to certain conditions, for a redevelopment of the site which will deliver a 4* 181-bed hotel and 3 residential units.

Matthew Weiner, CEO, U+I said: "We are pleased to make further progress today towards our full year gains and also in our activities in Dublin. Dublin is one of our three key areas of geographic focus with a number of ongoing investment and development opportunities. The announcement today marks our first major profit contribution from our activities in this market."

[leedsu36] 13/2/2016 10:33

Percentages,

Here's one,i guarantee 100% any rise is sold into by 2 insti's.