UBM Share Discussion Threads

[value viper] 29/11/2013 14:56

A 12 PE ratio and over 4% yield attracts in a sector average PE of 15 space.

On track and well owned, I see GS are a conviction buyer with an 890p target.

Good luck investors.

[strollingmolby] 27/8/2013 13:28

Interesting article I've just located from a week or so back detailing what makes CEO David Levin tick:

hxxp://www.standard.co.uk/business/markets/what-keeps-ubms-david-levin-occupied-events-dear-boy--and-the-odd-website-8770444.html

[thehearse] 27/8/2013 11:26

Answer: UBM PLC gained 3.6% after UBS lifted the media company to buy from neutral.

[thehearse] 27/8/2013 08:50

I'm in but what's going on?

[buffetteer] 05/7/2013 16:16

Yes interesting but think the shares are worth 850 p without a takeover.Probably more corporate action to come in splitting up businesses .Worlds no 2 events company with highest growth prospects with huge margins trading at v.low levels -11.5x .Far too low. Events business probably worth 18x .

[strollingmolby] 03/7/2013 19:10

FTSE 100 dips but ITV and UBM tipped as possible targets for Bertelsmann

[r ball] 05/2/2013 15:25

agreed. rubbish deal.

i have sold.

[r ball] 05/2/2013 15:25

agreed. rubbish deal.

i have sold.

[r ball] 05/2/2013 15:25

agreed. rubbish deal.

i have sold.

[brain smiley] 05/2/2013 13:56

FTSE 250: UBM and Victrex lead the fallers
Business published and events organiser UBM was in the red after receiving an offer from Electra Partners to purchase a portfolio of UBM's Data Services businesses, known as 'Delta', for £160m. Nomura kept its 'buy' rating for the stock this morning, but said: "The sale will lead to a dilution of about 11.7% on our estimates, putting the stock at a price-to-earnings ratio of c.13.5x-14x, which could cause short-term weakness before the company begins to provide accretion through events acquisitions, we think."

[honiton] 13/10/2012 15:10

management team have a grip on things and exhibition and info market is booming. share prie resilient recently. better growth prospects cf WPP

[18bt] 27/7/2012 13:45

Nice interims - should see forecasts increase - growth and a decent yield

[mechanical trader] 28/2/2012 08:10

UBM plc
Acquisitions

28 February 2012

UBM plc acquires four tradeshows

Adds three events in Emerging Markets, one serving the Aviation industry

UBM plc today announces that it has acquired outright, or majority equity
stakes in, the following four tradeshows for a total cash consideration of £
19.4m and deferred consideration of up to £4.4m. In 2011 these tradeshows
generated aggregate revenues of approximately £8.5m:

* Malaysian International Furniture Fair (MIFF)

* China International Exhibition & Symposium on Dental Equipment, Technology
& Products (DenTech China)

* Renewable Energy India Expo

* Airport Cities Exhibition & Conference (ACE)

MIFF - UBM plc has acquired outright the MIFF exhibition (www.miff.com.my) on
behalf of UBM Asia from its private owners. Founded in 1995, MIFF is an
export-oriented furniture tradeshow which is held annually in Kuala Lumpur. The
exhibition focuses on office furniture, home furniture and wood furniture,
alongside fittings to furnishing materials. The acquisition of MIFF enhances
UBM's strong position in the furniture exhibition market, complementing
Furniture China in Shanghai, the Index fairs in India and Interiors in the UK.
Over 400 exhibitors attended the 2011 MIFF event, occupying over 30,000 net
square metres and attracting over 20,000 visitors, more than 40% of whom were
from overseas. MIFF's founder will remain with the business following its
acquisition, together with a further 16 employees. In 2011 the event generated
revenues of approximately RM 20m (£4.1m). The business's gross assets as at 30
November 2011 were £5.4m.

DenTech China - UBM plc has signed an agreement to acquire a 70% equity stake
in Shanghai UBM ShowStar Exhibition Co. Ltd., a newly formed joint venture
which owns DenTech China, China's leading dental industry exhibition, from its
private owners. The fifteenth edition of Dentech (www.dentech.com.cn) was held
in October 2011 in Shanghai. The event attracted over 500 exhibitors, who
occupied approximately 12,000 net square metres. The event drew 65,000
visitors, primarily dental professionals, approximately 10% of whom came from
overseas. A symposium was held alongside the exhibition, attracting over 2,600
delegates. Based in Shanghai, the business employs five staff. In 2011 the
business generated revenues of approximately £2.3m. The business's gross assets
as at 31 August 2011 were £2.3m. The transaction is subject to regulatory
approval and is expected to close within the next month.

Renewable Energy India - UBM plc has signed an agreement to acquire the
Renewable Energy India exhibition (www.renewableenergyindiaexpo.com) - India's
leading event in this sector - from the Exhibitions India Group on behalf of
UBM Asia. Launched in 2006, Renewable Energy India is an annual exhibition
which focuses on non-depleting and environmentally-friendly renewable energy
sources such as solar (65% of exhibitors), wind (30% of exhibitors), biomass,
hydro, co-generation and geothermal. The 2011 show was held in August in New
Delhi, attracting 527 exhibitors from 33 countries and occupying over 10,000
net square metres, with over 14,000 trade visitors and conference delegates.
UBM stages similar events in Bangkok and Kuala Lumpur: Renewable Energy Asia is
held in co-operation with the Ministry of Energy of Thailand, attracting
visitors from across the ASEAN region; the Green Energy exhibition in Kuala
Lumpur is hosted by Tenaga Nasional, the largest power company in South East
Asia. Renewable Energy India's founder will remain with the business as a
consultant for a period of three years, together with four employees based in
New Delhi. In 2011 Renewable Energy India generated revenues of approximately £
1.4m. As at 12 December 2011 the business's gross assets of the acquired
business were £0.1m.

Airport Cities Expo - UBM plc has acquired Insight Media Limited, which owns
the Airport Cities World Exhibition & Conference (
www.globalairportcities.com/events/airport-cities-2012-april-25-27/
about-airport-cities-2012), from its private owners on behalf of UBM Aviation.
UBM acquired 25% of Insight Media Limited in August 2010 as part of its
acquisition of the Route Development Group. This transaction brings the
remaining 75% of the company's equity into UBM ownership. ACE is a peripatetic
annual event which focuses on airport commercial activities and land use, the
development of Airport Cities and the associated urban planning issues. The
2011 event was held in Memphis, TN and attracted over 600 delegates, 50
exhibitors and 32 sponsors. The 2012 event will take place in Denver on 25-27
April. The event's Managing Director and team of four staff will join UBM
Aviation as employees. In 2011 the event generated revenues of approximately £
0.7m. As at 31 August 2011 the gross assets of the acquired business were £
0.1m.

These acquisitions are expected to exceed UBM's cost of capital criterion in
the first full year of ownership.

David Levin, Chief Executive Officer of UBM plc said:

"These acquisitions build on our well-established strategy of acquiring strong
events that serve structurally growing markets and communities, and
particularly events which operate in growth economies. We see attractive growth
prospects for each of these events and look forward to those prospects being
enhanced as they join the UBM family of events."

- Ends -

Contacts

Media

Peter Bancroft Director of Communications

[mechanical trader] 28/2/2012 08:02

Record results in strong biennial year

Results for the year ended 31 December 2011


- Revenues up 9.3% to £972.3m - underlying revenue(a) growth of 7.9%

- Adjusted operating profit(b) up 17.5% at £201.9m

- Margin(c) up to 20.8% from 19.3%

- Fully diluted adjusted EPS(d) up to a record of 56.8p, 6.6p (13.1%) up on
2010

- Full year dividend up to a record of 26.3p, (2010: 25.0p)

- Cash generation from operating activities up 31.7% to £203.7m (100.7% cash
conversion(e))

- Events profits up 44.6% to £135.2m, 62.5% of total excluding corporate costs

- Emerging Markets(f) revenues up 24.4% to £207.1m

- Emerging Markets operating profit up 33.4% to £65.6m representing 30.4% of
total

- £71.2m invested in eight acquisitions

- Debt profile improved with maturities extended, net debt of 2.4x EBITDA

[mechanical trader] 28/2/2012 07:53

Superb results..smashed concensus broker
forecasts.................

David Levin, UBM's Chief Executive Officer, commented:

"2011 has been a strong year for UBM, with EPS up over 13% to a record 56.8p.
An outstanding performance from our Q4 biennial events capped off a year of
consistent delivery in which all our businesses met or exceeded their targets
for the year. On the back of these results, the Board has declared a final
dividend of 20p, up 1p over 2010, resulting in a record dividend for the year.

Improved margins aswel.

[mechanical trader] 28/2/2012 02:06

oops wrong thread sorry.