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UTL Uil Limited

110.00
1.00 (0.92%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Uil Limited LSE:UTL London Ordinary Share BMG917071026 ORD 10P (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  1.00 0.92% 110.00 0.00 13:18:58
Bid Price Offer Price High Price Low Price Open Price
106.00 114.00 110.00 109.00 109.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services -30.11M -44.45M -0.5307 -2.07 91.29M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 110.00 GBX

Uil (UTL) Latest News (3)

Uil News

Date Time Source Headline
20/12/202413:18UK RNSUIL Limited Dividend Declaration - Q1 2024-25
20/12/202411:06UK RNSUIL Limited Net Asset Value(s)
19/12/202411:14UK RNSUIL Limited Net Asset Value(s)
19/12/202409:53UK RNSUIL Limited Publication of monthly factsheet
18/12/202411:42UK RNSUIL Limited Net Asset Value(s)
17/12/202417:06UK RNSUIL Limited Transaction in Own Shares & Total Voting Rights
17/12/202411:38UK RNSUIL Limited Net Asset Value(s)
16/12/202412:11UK RNSUIL Limited Net Asset Value(s)
13/12/202410:57UK RNSUIL Limited Net Asset Value(s)
12/12/202412:28UK RNSUIL Limited Net Asset Value(s)

Uil (UTL) Discussions and Chat

Uil Forums and Chat

Date Time Title Posts
23/10/202410:41Utilico for "good long term record in stock selection"1,198

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Uil (UTL) Most Recent Trades

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Uil (UTL) Top Chat Posts

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Posted at 21/12/2024 08:20 by Uil Daily Update
Uil Limited is listed in the Finance Services sector of the London Stock Exchange with ticker UTL. The last closing price for Uil was 109p.
Uil currently has 83,755,585 shares in issue. The market capitalisation of Uil is £92,131,144.
Uil has a price to earnings ratio (PE ratio) of -2.07.
This morning UTL shares opened at 109p
Posted at 10/10/2024 08:58 by vacendak
Zeta is now being merged/absorbed by UIL. Things are moving fast. Not that any minority shareholder would have much of a say in it anyway.

ICM must be laughing all the way to the bank with all these fees! :)
Posted at 08/10/2024 15:45 by rik shaw
'ZDP REDEMPTION
The redemption of the 2024 ZDP shares will take place on 31 October 2024.'
Posted at 04/3/2024 16:11 by cc2014
Thank you for posting this.

I still come to take a look at UTL once to twice a month but I'm not persuaded there is value here, until the gearing is reduced.

I cannot see how UTL can roll the zero's at any less than 10% at the moment so it looks like the deleveraging will continue for some time.
Posted at 27/7/2023 11:23 by cc2014
Only at UTL. From the last factsheet.

The valuation of Allectus Quantum was increased by 214.1% due to continued progress against the business strategy by Diraq, its principal holding. However, Allectus Capital's carrying value was reduced by 19.9% over the month.
Posted at 21/12/2022 15:31 by cc2014
I think I may now understand how UTL managed to sell so many millions of shares in UEM now. I could never figure it out at the time. Presumably to a Saville third party trust or some such that didn't have to declare the purchase.

I find it hard to see myself buying back in here again.
Posted at 21/12/2022 15:16 by spectoacc
It's kept going this long, hopefully you'll be fine.

Can't see me ever buying back into UTL.
Posted at 21/12/2022 12:58 by vacendak
This one is fun to read:


Long and short of it: Nothing happened.

From what I have understood (understood being a powerful word in the case of UTL) Saville was lending some money to himself with collateral from himself using shares in companies that invested in themselves. I know money was created, and distributed to Saville in the process; but I have no idea how! :)
Posted at 19/10/2022 10:52 by vacendak
Selling some more UEM, most likely to pay for our 2022 due at the end of the month.
UEM is not doing too badly considering the strong dollar and the overall current climate. I mean, it is not doing great but at least it is not collapsing.
Posted at 17/6/2022 10:18 by cc2014
Of course it's not unsolicited. Perphaps the shareholding is such they can argue that but the parties are clearly connected.

But, it's Bermuda isn't it. Like the chair of the meeting at Somers doesn't actually turn up and run the meeting as that's the way it works out there.

It's all wheels within wheels.

And now we have UTL selling down part of it's stake in UEM even though they point out with such force in the Edison report that it's a discount on a discount.

I'm delighted to be out of my 26's and 28's a few weeks ago, mostly triggered due to rising interest rates plus the fact the bank loan is due in about 3-4 months and they haven't yet renegotiatedt terms.

I assume the new 6% loan UTL will be taking out to buy part of the shares of Somers (how does that work if several parties are taking out one loan all on the same terms? No don't answer that, I'm probably seeing things that aren't there) will push the ZDP lower down the stack? Or perhaps they aren't taking out a loan but instead liquidating part of their stake in UEM to pay for it.

As I said I'm delighted to be out of my 26's and 28's. I have a few 22's. Surely they are safe and they redeem in about 4 months.
Posted at 27/5/2022 06:51 by cc2014
Over the last couple of weeks I've sold my 26's and 28's. I didn't have any 24's and I've kept my 22's.

April's factsheet shows:
Gross Assets £497m, Debt £196m,Net Assets £301m. The NAV was 359p/share

As of yesterday it would look like this:
Gross Assets £453m, Debt £197m,Net Assets £256m. The NAV is 306p/share

The 22's which has a size of £52m are due for repayment later in the year and as far as I can see UTL has little cash so that becomes bank debt unless UTL go for some 30's, which seems unlikly to me. The bank will be happy to lend them that as the ZDPs will be subordinated to them.

If you re-do the numbers based on what the market thinks UTL is worth at 202p/share you get:
Gross Assets £366m, Debt £197m,Net Assets £169m. Based on 202p/share


The level of gearing was starting to concern me and I didn't like being at the end of the stack. I'm a pretty cautious person and the risk/reward didn't feel quite right when I looked at how the rest of the market had moved since the start of the year and what returns I can now get elsewhere.
Uil share price data is direct from the London Stock Exchange

Uil Frequently Asked Questions (FAQ)

What is the current Uil share price?
The current share price of Uil is 110.00p
How many Uil shares are in issue?
Uil has 83,755,585 shares in issue
What is the market cap of Uil?
The market capitalisation of Uil is GBP 91.29M
What is the 1 year trading range for Uil share price?
Uil has traded in the range of 95.00p to 132.00p during the past year
What is the PE ratio of Uil?
The price to earnings ratio of Uil is -2.07
What is the cash to sales ratio of Uil?
The cash to sales ratio of Uil is -3.06
What is the reporting currency for Uil?
Uil reports financial results in GBP
What is the latest annual turnover for Uil?
The latest annual turnover of Uil is GBP -30.11M
What is the latest annual profit for Uil?
The latest annual profit of Uil is GBP -44.45M
What is the registered address of Uil?
The registered address for Uil is CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON, HM11
What is the Uil website address?
The website address for Uil is www.utilico.bm
Which industry sector does Uil operate in?
Uil operates in the FINANCE SERVICES sector

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