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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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.50p +0.29% 172.00p 170.00p 174.00p 172.00p 171.50p 171.50p 0 13:18:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 10.6 6.2 6.7 25.8 155.31

UIL Limited Share Discussion Threads

Showing 876 to 900 of 900 messages
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
DateSubjectAuthorDiscuss
30/11/2018
14:23
Interesting that the gearing went up despite redeeming the ZDP in Oct factsheet, reflects the fall in the NAV but shows the risks as they swapped most of the ZDP dent for bank 'and other' debt. Zeta is struggling along with the general commodities markets and next NAV update may reflect that. Resolute listing in London as per the FT this week should be good in the medium term. Coldharbour is a real punt as far as I can see. Website would suggest its long established with lots of products but accounts at companies house show < £ 50,000 of sales in yr to 2017 while UIL invest £ millions. To quote article on their news site from the trade body of 2 months ago " “firm orders are still very hard to come by”, Good environmental idea so hoping it works out.
morton2011
25/11/2018
20:43
The factsheet for October is out. Https://www.uil.limited/files/4115/4280/9442/UIL_Factsheet_October_2018.pdf I downloaded it earlier this week but only got to read it over the weekend. Pretty bad return to the Earth's atmosphere for AfterPay Touch with its 30% drop. According to the factsheet the Australian Senate is looking into the "buy now pay later" business and this seems to have spooked the markets with regards to the company. AfterPay is officially welcoming the inquiry. As mentioned earlier Vix Verify is being bought so it has now disappeared from the list of holdings. Coldharbour Technology enters the top ten. The name has rung a bell. Indeed I had spotted UIL Ltd taking a position in this one back in post 841. It was buried in the last pages of the report. We got in via warrant as well, an Utilico/UIL Ltd classic move. "Replacing Vix Verify in the top ten is Coldharbour Technology Ltd, a UK-based marine technology company which has developed a unique ballast water treatment system using inert gas." I am kind of wary of the new technology thing. We already hold CCE, good on paper, revolutionary energy generation that works (tidal wave) but it has been languishing for a while now. Coldharbour sounds a bit better if the US Coast Guard accreditation works out. Well, for all the moaning about the ICM fees, they can at least certainly not be accused of running a closet tracker. They do put their money in companies that are out of the ordinary.
vacendak
01/11/2018
07:22
@topvest We shall take this as the unofficial RNS of the day then. :) I rolled all of mine over into ZDP 2024, but will cash in my 2022s as they are the last paper shares I hold and for some reasons Equiniti could not dematerialise them.
vacendak
31/10/2018
21:16
Yes, I have received my cash on redeeming the 2018 ZDP shares.
topvest
31/10/2018
18:21
Got an email from ICM today. Three links: Aforementioned story about cancelling the ZDP 2024: Http://www.icm.limited/uploads/news/2018.10.22_UILF_ZDP_Shares_Update.pdf Old news again about the AR for 2018 Http://www.icm.limited/uploads/news/2018.06_UIL_AR18_WWW.PDF Annual report for Zeta: Http://www.icm.limited/uploads/news/2018_ZER_Annual_Report.pdf I have not read it, but it looks more comprehensive than before. The ZDP 2018 must have been redeemed today. I guess we shall get an RNS about it tomorrow.
vacendak
22/10/2018
12:57
Vix Verify investment valued at £ 9.7 million of UIL assets as per Sept factsheet. Presumably they knew the sale was imminent. £ 40 million of bank debt available as well according to the Sept factsheet. The cancellation of the 2024 is a little odd as why not sell the 2024 in the market as they are trading above the Accrued Capital Entitlement level. Maybe no large buyers around. It works for me as I believe UIL needs to reduce its overall debt rather than focusing on its Gross NAV and this achieves that. Afterpay share price hammered in last month. Optal has been increased significantly in last 6 months in the NAV @V mentioned Assetco who announced last week they are losing their one contract in the Middle East and combined with the court case result due to be announced this year should produce more cash in next 6 months as presumably the company will be liquidated or sold for cash.
morton2011
22/10/2018
11:25
Well, I guess this is good news, which should mean cash on hand for UIL Ltd to pay for the remainder of the ZDP 2018s that did not rollover. That will also solve the "What the hell exactly are all the Vix entries in the portfolio?" question.
vacendak
22/10/2018
10:44
Noted: https://www.investegate.co.uk/gb-group-plc--gbg-/rns/acquisition-of-vix-verify-global/201810220700077240E/
rambutan2
22/10/2018
08:58
Some cancellation of ZDP holdings: https://uk.advfn.com/stock-market/london/uil-limited-UTL/share-news/UIL-Finance-Limited-ZDP-Shares-Update/78506139 If I understand it correctly, UIL Ltd is no longer willing to sell more of its debt on the market if it is cancelling some of its ZDP 2024. The ZDP 2018 cancellation is par for the course since they would have to be redeemed at the end of the month anyway. Are they going to go easy on debt or were those ZDP 2024s held just in case the cash flow had been tough to payback the ZDP 2018s? Considering the relatively decent returns, there should be enough cash/liquidities to pay the bill next week.
vacendak
16/10/2018
10:36
Vaguely related to UIL Ltd on historical grounds: These upstanding people (Grant Thornton) were also linked to the Assetco business. Old story from around 2009-10. UIL Ltd had some links to Assetco back then. Https://www.thisismoney.co.uk/money/markets/article-6278929/Boss-tainted-Grant-Thornton-steps-down.html Last year's appearance in the news: Https://www.telegraph.co.uk/business/2017/04/24/grant-thornton-fined-35m-audits-troubled-fire-engine-firm-assetco/
vacendak
03/10/2018
09:46
@Morton Well, as you mentioned earlier on you did good with your ZDPs during the long slump (2012-2016) - I shall put aside the days of glory past circa 2007 which are now but distant memories. So it is fair enough for the holders of ordinaries to enjoy some time under the sun. I also have a few £Ks in ZDPs across most classes (except the 2026 and the rolled-over 2018 in 2024s) for the sake of it. Just like the Pokémon, I got to catch them all. :)
vacendak
03/10/2018
08:58
@V - does sound good. Will wait to see where the £ 50 million odd they need comes from. They only bought back 823,000 of the shares o/s over last year as per 8 Sept RNS 'Following this purchase, UIL Limited has a holding of 823,564 2018 ZDP Shares and the total number of 2018 ZDP Shares in issue remains unchanged at 32,716,029.' Selling off the other ZDP they have in treasury would be a good start, or even better just cancel them..this is in the latest monthly factsheet: '*includes 20.0m ZDP shares 2024 held by UIL + includes 13.4m 2026 ZDP shares held by UIL' Also in the August factsheet it states under portfolio: 'Purchases in the portfolio for the month of August amounted to £6.9m while realisations totalled £20.4m.' = £ 13.6 million yet under debt: 'Bank debt totalled £23.5m as at 31 August 2018, down from £28.2m in the prior month. AUD 8.0m was repaid during the month, resulting in balances drawn as AUD 21.1m and CAD 20.0m at 31 August 2018. Cash balances increased by £6.8m over the month. The foreign exchange hedge positions to Sterling were broadly unchanged..' so debt down 4.6 and cash up 6.8 = £11.4 million. What happened to the other £ 2.6 million? Probably used to pay towards the £ 5 million of fees in the financial report issued last month UIL pays ICM to largely manage its own money as 80% or so of the shares owned by ICM or connected parties. Nothing new in any of the above Still got some skin in the game as rolled out of the shares into the 20 and 22 zdp. Shares better so far!
morton2011
03/10/2018
08:18
Paying the bills: https://uk.advfn.com/stock-market/london/uil-limited-UTL/share-news/UIL-Finance-Limited-Redemption-of-2018-ZDP-Shares/78384458 We have already had a few RNS about hoovering some ZDP 2018 over the past few months.
vacendak
19/9/2018
12:18
The current structure gives the equity enormous gearing. If UTL think the market is toppy; sell something.
russman
18/9/2018
21:09
Apart from the good NAV performance, what really matters is that a bunch of directors and fund managers buy regularly and buy big, often in 85,000 and 100,000 shares a time. That shows real confidence in its current value and its future performance.
ceaserxzy
18/9/2018
20:22
Annual report is out (to June 30th): Https://www.uil.limited/index.php/download_file/view/286/145/ Same for UIL Finance, but nothing much happening here by design: Https://www.uil.limited/index.php/download_file/view/285/158/ Very enthusiastic report, everything seems to be flashing green. As usual, careful selection of time frames and use of "total return" flatter the review; but sarcasm aside, this has been a pretty good year indeed for the company. I like the fact that they mention the reduction in debt/gearing a lot this time, the subject used to be at best very muted before. Of course they mention it because it has moved in the right direction by a substantial amount, but still... The stupidly high see discount is deplored, but nothing can really be done about it. They shall now go easy on share buybacks to make sure they have enough liquidity by the end of October to redeem the last few ZDP 2018 they have not yet hoovered. The fees are still a bit high, at more than 2% after "adjustment" for the platorm approach; but then again, they do select imaginative stocks and can in no way be accused of shadowing a tracker. Despite having posted negative comments earlier this year, I am glad I was never tempted to click the SELL button. [UEM] There is an Edison report link posted on the UEM thread for those interested. UEM has been battered like most EMs stocks recently.
vacendak
24/8/2018
12:31
@rambuttan Funny how I read the same link half an hour ago myself. :)
vacendak
24/8/2018
12:09
Re above post: httPs://www.smh.com.au/business/banking-and-finance/afterpay-raises-108m-and-kicks-off-uk-expansion-20180823-p4zz7s.html
rambutan2
24/8/2018
08:59
Afterpay coming to the UK having bought Clearpay this week. Share price for APT valued at 3 billion aus this morning ,another 5% increase, and behind most of the NAV increase as others pointed out.
morton2011
22/8/2018
16:46
It is doing very well indeed. As long as its value is doing well, its price will catch up. What I like is its underlying portfolio looks very good. apt is almost a ten bagger over the last two years. rsg is a low cost gold miner which provides some hedge for uncertain times. Others like pcf (somers owning it), zer/pan (owned by zer),ift all doing fine. Adding the bonus of recent large multiple purchases by two fund managers and regular buys by all the directors, all pointing in the right direction. I will keep accumulating until either the discount narrows significantly or the market has turned.
ceaserxzy
22/8/2018
13:18
Pretty good progression for the NAV over the past month or so, it is now clocking at 338.20 p https://uk.advfn.com/stock-market/london/uil-limited-UTL/share-news/UIL-Limited-Net-Asset-Values/78118480 Last week it was at 328.11 p https://uk.advfn.com/stock-market/london/uil-limited-UTL/share-news/UIL-Limited-Net-Asset-Values/78077768 However the share price has been progressing painfully at best. Well, at least the NAV is safely holding above 300, which is already something. The ex-dividend date was announced recently, same as usual. I know "progressive" dividends are a gimmick for many an investment trust, but it would be nice to see a bit of change, even a mediocre 1% uptick from 1.875 to 1.9, would cheer things up.
vacendak
09/8/2018
19:54
This one is counter intuitive. It describes itself as value investing, is classified as "flexible investment" (whatever that means)... but it brings in more in dividend yield than most of the self described income stock. SpectoAcc likes to quip about it, but it does act as an income stock. The problem with the NAV is that F&C is paid to estimate it once a week. Very few of the UIL Ltd are Level 1, i.e. widely traded; most is Level 2 or 3. So the NAV calculation is kind of voodoo. I believe it is intrisically even higher than stated. Right now the engine for the NAV seems to be AfterPay-Touch. Resolute also seems pretty confident with the Syama mine, low cost, potential for heavy automation, etc. UIL Ltd has a lot of Resolute, directly and indirectly through Zeta. Gold is in the doldrums at the moment, things can only improve on that front... well I hope.
vacendak
09/8/2018
19:06
Thanks Vacendak. I have been accumulating this share over a year now, starting from about 155p, in my SIPP and my ISA. My latest buy was last week at 179.95 p. Things I like about this share are NAV performing ahead of the share price meaning value getting better and better, an over 4% dividend, regular multiple director purchases, diversification from UK market. I will hold as long as all these are still valid but will trade some if discounts ever narrows down to mid 20%as it is alarge position in my accounts. Good luck to all holders.
ceaserxzy
08/8/2018
19:43
@ceaserxy Yep, but this one goes up in big bursts, then either drops for no reason or stagnates forever (lot of debt/leverage if one counts the ZDPs as debt, as they should)... then climbs up again, rinse and repeat. The last bout of fever was in 2016, likely due to Resolute. Then Resolute had some hiccups and we never saw 200p with UIL Ltd. I remember one of my divi being reinvested at 196p back then. Anyway, if you are in it for the long game, welcome to the club. If you plan to stay for a few months, good luck with timing the exit. Oh and the spread can get nasty at times. :)
vacendak
08/8/2018
19:31
Is a new listed company BigDISH,next JustEat,small mcap,huge customer expansion in Asia coming to UK.Ex JustEat Ceo,Ex play.com Ceo,app is on AIS and google,offering discounts at restaurants up to 70%.Brilliant story.It will be a few baggers soon
costax1654x
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
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