Ucp Share Discussion Threads

[mister md] 24/3/2010 11:00

another 300k purchase announced today...!

[dibbs] 24/3/2010 01:24

scburbs, very much agree with your line of thinking. This is the first sign that someone "in the know" sees value in the shares at these levels and wants to spend their own money on making a purchase. Could be that activity really is picking up for UCP. I await the next update with more hope and expectation......

Dibbs

[scburbs] 23/3/2010 14:37

This is a big positive. With Nectrus being forced to buy on a regular basis it is surprising to see people associated with Nectrus/Unitech also buying given the ultimate beneficiaries are probably the same.

[dibbs] 23/3/2010 14:31

Great to see a Director buying and the first signs of increased volume and most importantly shareprice today! Fingers crossed this quiet period is coming to an end.

Dibbs

[vlain] 23/3/2010 08:24

todays price will look very cheap come next week!

[scburbs] 22/3/2010 08:56

Positive sentiment from HRCO AGM.

"India's macroeconomic indicators are beginning to show signs of a recovery.
According to a recently published report by Deloitte, most estimates for
economic growth in the financial year 2010 (April 2009-March 2010) have been
revised upward. This includes the estimate by the Reserve Bank of India (RBI),
which in January raised its growth forecast to 7.5% from 6%. These upward
revisions are primarily due to a strong revival in India's industrial growth,
especially the capital goods sector, and rising business and consumer
confidence.

...

As the residential sector stabilizes and recovers, property experts predict that India's commercial sector will lag slightly, but should strengthen over the course of 2010 and into 2011. We note that NASSCOM, the premier trade body of the IT software and service industry in India, remains upbeat about the growth of India's IT/ ITeS industries. This will drive demand for quality, scalable office space in suburban locations. Jones Lang LaSalle is forecasting absorption of approximately 40 million square feet of Grade A office space in India's top seven cities in 2010 - a number equal to 2007 levels."

[vlain] 26/2/2010 10:19

here we go again ;-)

[sweety1] 16/2/2010 22:44

Assuming Nectrus continue their support as previously stated, am I right in thinking that the share price is stuck in the mid twentys unless we receive news on further income generated from leasing? If this is the case does any one have a view or knowldege on the likely time scale for this to occur? Thanks...

[vlain] 15/2/2010 08:31

t shirt being ripped apart!

[sweety1] 10/2/2010 17:59

Thanks Dibbs appreciated.

[dibbs] 10/2/2010 15:47

Interesting report Scburbs. The increase in UCP's share price has so far been driven by the buying by Nectrus. The improving climate for UCP does not seem to have been factored in as yet by the market. Hopefully a positive RNS will highlight this before too long.

sweety1, hard to know the reasons really. Sometimes companies feel that their broker is not getting them the institutional interest that they would wish for by not putting out enough research material etc to encourage investors. Lets hope that the new broker will get their clients into UCP.

Dibbs

[sweety1] 10/2/2010 15:08

Any views on the reasons for the change in broker?

[vlain] 09/2/2010 22:19

interesting week thus far!

[vlain] 01/2/2010 23:37

I make it that Nectrus have so far spent the following this year;

£1,235,471 or
4,556,517 shares.

Still a little bit left for this quater I reckon!!!

[oolaboob] 29/1/2010 12:11

John,
I'm not sure, granted none declared yet, but there was a couple of days where we had large volume and no rns to follow. In fact the next rns only showed a small purchase by our management company.
Interesting and time will tell :-)
good luck all.

[john henry] 29/1/2010 11:45

A very large seller oola and unfortunately no other buyers apart from Nectrus.

[hugepants] 29/1/2010 10:54

Hirco (HRCO) has 150p share price versus last reported NAV of 690p. Hirco is mainly Indian residential property against UCP which is mainly commercial property. Residential sector looks better near term than Commercial since commercial dependent on recovery in western economies.
But against that Hirco doesnt have a large buyer pushing the price up although they have promised last results to address the huge discount to NAV.

[oolaboob] 29/1/2010 10:44

and another one,


fairly good volume this morning so we should see another rns monday.

scburbs, agreed but in the end it is helping to close the gap on the nav, which was the intention.
whats the end game and how long does this agreement stand for? After all 29.9% 's the limit, saying that they're just under 5% now so at this rate it could be another 2+ years of buying before they're in that position.

We obviously have a seller at this level, when he runs out and if nectrus is still buying is when we should crack 30p

[scburbs] 29/1/2010 08:57

Whose money are they using to buy these shares? They are massively overpaid to manage a company that is largely sitting on its developments. The longer this continues the more of the company that transfers to Nectrus using the company's money. Hardly good for long term value, but in the short term the share price may benefit.

[vlain] 28/1/2010 21:27

Going through all the RNS and ignoring the repeated RNS, am I correct in calculating that Nectrus has since the start of this month spent £865,637 (or 3,288,010 shares) on buying UCP shares since the start of this month.

Wasn't the management fee equal a little more, and hence we could see a couple more RNS coming out over the next few days!

Also during the course of last year Nectrus had bought approx. 1,300,000 shares, between February 2009 and December 2009.

So this month alone, they have spent more then they did over the course of the whole of last year in buying UCP shares.

How much money do they really have left?

[oolaboob] 28/1/2010 16:08

even better if all the free float gets absorbed :-)
Another one.....

[darlocst] 27/1/2010 15:38

If 200% up in a year & 25% up in a month is slow progress I will happily take it!

[parvo] 27/1/2010 15:05

one step forward, two steps back! slow progress here.