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 0.38% 261.00 0.00 13:01:55
Bid Price Offer Price High Price Low Price Open Price
254.00 268.00 261.00 260.00 260.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 12.68 8.47 9.77 26.7 229
Last Trade Time Trade Type Trade Size Trade Price Currency
15:54:42 O 29,800 266.88 GBX

Uil (UTL) Latest News (1)

Uil News

Date Time Source Headline
18/6/202112:38UKREGUIL Limited Net Asset Value(s)
17/6/202111:56UKREGUIL Limited Net Asset Value(s)
16/6/202112:19UKREGUIL Limited Net Asset Value(s)
15/6/202112:00UKREGUIL Limited Net Asset Value(s)
14/6/202111:26UKREGUIL Limited Net Asset Value(s)
11/6/202111:50UKREGUIL Limited Net Asset Value(s)
10/6/202112:26UKREGUIL Limited Net Asset Value(s)
09/6/202112:37UKREGUIL Limited Net Asset Value(s)
08/6/202111:58UKREGUIL Limited Net Asset Value(s)
07/6/202111:37UKREGUIL Limited Net Asset Value(s)
More Uil News
Uil Investors    Uil Takeover Rumours

Uil (UTL) Discussions and Chat

Uil Forums and Chat

Date Time Title Posts
10/6/202111:55Utilico for "good long term record in stock selection"1,136

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Uil (UTL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-18 11:00:00266.8829,80079,530.24O
2021-06-18 11:00:00260.0030,00078,000.00O
View all Uil trades in real-time

Uil (UTL) Top Chat Posts

Uil Daily Update: Uil Limited is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker UTL. The last closing price for Uil was 260p.
Uil Limited has a 4 week average price of 257p and a 12 week average price of 226p.
The 1 year high share price is 275p while the 1 year low share price is currently 152p.
There are currently 87,733,389 shares in issue and the average daily traded volume is 5,983 shares. The market capitalisation of Uil Limited is £228,984,145.29.
spectoacc: They seem to be finding some - not huge, but soaking up the sells & threatening breakout again: "The Board of UIL Limited (the "Company") announces that on 19 May 2021 the Company purchased for cancellation 35,000 ordinary shares of 10p each at a price of 262.00p per share. The lowest/highest price paid per share was 262.00p/262.00p respectively."
cc2014: I think the why is explainable. It was apparent to them that they were struggling to get the 28's away and the share price discount remains. It must be frustrating for the major shareholders, especially if some of them are looking for an exit with indices at all time highs. On the other hand these Edison research notes are very helpful to investors, comparatively cheap to produce and I suspect it may be nothing more than that. The daily NAV is a good thing too and I'm personally now very frustrated with some IT's, for example M&G that only report every 3 months, or every month but 3 weeks after the month end. In this fast moving world I'm not interested in investing in a Trust that can only be bothered to work out the numbers so slowly (unless of course I know the underlying has moved in which case their slow pace I'll take advantage of) As you know I passed on the 28's, mostly because I felt 5.75% just wasn't enough when everything was taken into consideration. Sure, it's a great rate in 2021 but I'm not so sure it will look so great in 2023 onwards. Time will tell. Also, the underlying investments carry a level of risk which personally makes me feel uncomfortable. I recognise I am more risk adverse than most investors. Also, I have 26s so that kind of added slightly to my views. I think we can sucessfully argue they nearly pitched it about perfectly as they just about got the issue away although it seems Shore Capital are using "their best endeavours" to shift the last lump. I suspect tbh Shore Capital haven't shifted all of them and they are sitting on them, as surprise, surprise it is them at are sitting on the bid at 101p today and on all the others.
vacendak: Well, no additional issue of ZDP 2028 for me or anyone. Hopefully I shall at least get my full rollover, since there were some spare shares to issue at the time. 5.75% was plenty attractive for the big institutions in the end.
vacendak: They found more rollover applications beyond the deadline.
vacendak: As expected, UIL Ltd democratic results are overwhelming, the "against" were at most 0.34% of the votes! I did not want to be beaten up, so voted with the big guys. :)
ceaserxzy: Despite being opaque and trading on big discount like tetragon (tfg), this trust has performed much better than tfg. Multiple reason are behind the performance difference, such as it paying a maintained or even increasing dividend, buy back for cancellation shares at market price. Compared to this trust tfg is a disgrace as the its share holders are severely punished (deeply cut dividend and decreasing share price) while its managers are benefiting from increased fee through the nominal NAV increase.
morton2011: Good luck Specto. UTL remain like a flickering candle to my investor moth. I sold out last year and the price has kept rising so what do I know! One thing to watch out I learnt in the last 10 years there is no support for any volume when ICM decide to stop or perhaps cannot support the share price. The Saville shareholding keeps edging up and there are no independent voices or investors I have seen in that period. An unknown is how much of that shareholding is on loan to banks, definitely some as various RNS expose over the years. If the NAV price starts falling then the share price goes down even faster with the leverage. If you might need the cash short term be wary as its so thinly traded, in the long term should be ok.
spectoacc: Last Holdings RNS was a fall from c.19% to c.18%. I don't see them in the table showing movement of shareholdings this morning: (Edit - that has formatted appallingly). However, that previous RNS of the fall from 19% to 18% was nearly 3 weeks after the transaction happened, so possible they've sold some since, and are yet to RNS. IMO the buybacks on UTL are finally starting to take effect - happy to still be long here, I think there's c.+50p to go, based on their "medium term" discount target, and not a lot else happening. And the triumph of hope over experience on UTL. No. of shares held pre the transaction % of issued share capital pre the transaction Shares Purchased / (sold) No. of shares held post the transaction % of issued share capital post the transaction Harwood Capital Management 2,952,893 45% (1,252,893) 1,700,000 26.0% Cadoc Limited 427,361 7% (227,361) 200,000 3.1% Martin Gilbert - - 650,000 650,000 9.9% Peter McKellar - - 225,000 225,000 3.4% ToscaFund Asset Management - 800,000 800,000 12.2% Various associates 275,000 275,000 4.2%
morton2011: The last factsheet had another ICM term we need to define whereby Somers can now be 'manually' valued which was fortunate in terms of timing for the NAV. 'Turning to performance, the fund’s top holding, Somers, moved to a manual valuation in response to persistent inactivity in the share price. The new share price was calculated with reference to Somers’ NAV and led to an upward revaluation of 9.2%' Most of the portfolio has done quite well as others noted but UIL do not own those investments Somers does. If they want a better valuation list Somers on the LSE but that it pretty pointless as UIL owns most of Somers. Which leads us back to the question of why does Somers exist in the first place. All paths lead to Saville ultimately and why this complex structure. The directors are all part of the ICM 'mob' so not sure what their purchases add up too. ICM do seem to manage to get cash when they need it. The zdp repayment is good as it reduces the debt but the last factsheet was a bit odd in that they also purchased a lot of something but do not say what that was ' purchases during the month totalled £32.1m and sales totalled £87.9m' Assetco about to return cash looking at their RNS
morton2011: Ascendant sale in rns today typical UTL. Sell the shares to your own subsidiary bfic from whom you got them a few years ago at the price they are due to be redeemed mid November Why bother?Reality is bfic must be borrowing the money to pay the 30 million otherwise they would be included in the Top 10 for UTL end of September. Subsidiary borrowing presumably does not to be declared as utl debt. That borrowing effectively being used to repay the UTL zdp but no mention in the RNS.The lender to bfic no doubt has the ascendant shares as collateral so they should all get paid off mid November.Why not same lender loan to Utl directly, Covenants?
Uil share price data is direct from the London Stock Exchange
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