Uls Technology Share Discussion Threads

[18bt] 31/10/2017 07:25

Another great update this morning. Turning into a reliable story.

[shoee62] 29/9/2017 09:12

Back up to highs. Last year the Trading statement was 1st Nov before Half year results on 22nd Nov

[bamboo2] 26/6/2017 15:20

Taken a few

tp = 141.75 approx

27 June 8am results not quite what I hoped for so sold.

[gorilla36] 12/5/2017 14:54

Good write up in Investors Chronicle today and a BUY recommendation.

[18bt] 26/4/2017 08:02

Keeps positive newsflow going - also a decent and growing yield

[gorilla36] 26/4/2017 07:44

Looking good ! Decent update.

[djbilywiz] 20/4/2017 09:28

Does anyone have an idea of when the next update/results will be? Checked the financial calendar on ULS website but doesn't say.

[18bt] 30/12/2016 11:23

Just catching up here on the acquisition of Conveyancing Alliance. Seems to be historic PER of 9.3x (2015) and thus signifcantly earnings enhancing as consideration in cash. Takes co into estate agents market. Provided that the housing market is steady in 2017, this looks a strong deal and justifies the 15p share price rise.

[noble3r] 16/11/2016 11:25

Nice continuous rally of share price on the run into the interim results - due 22nd November.

[18bt] 09/6/2016 17:12

Hadn't noticed the John Charcol deal - that's a good one

[18bt] 09/6/2016 17:11

Tipped in the IC tomorrow. "Despite a relatively static conveyancing market last year, ULS's market share gains and acquisition means it expects to deliver a better-than-forecast 31 per cent increase in underlying profits. We think its advantageous market position means the momentum can continue. Buy"

[interceptor2] 09/5/2016 07:52

Found the ULS write up online.

Good informative article.

[interceptor2] 09/5/2016 07:41

Thanks EezyMunny, strangely enough I am visiting someone this morning who normally has the Daily Mail, hopefully will read article later.

[cfro] 09/5/2016 07:31

Just noticed the spike in the share price interceptor, i agree it must have been tipped over the weekend but no idea where?

Certainly not mentioned in scsw like STY this morning!

[eezymunny] 09/5/2016 07:29

Daily Mail

[interceptor2] 09/5/2016 07:28

Up 12% at the open with with many small transactions, looks like it has been mentioned somewhere over the weekend.

Anyone any idea where?

[18bt] 18/4/2016 09:27

dlku - that's not what they said in the prospects: market share growth expected to more than offset the market

[molatovkid] 18/4/2016 08:30

Looks like this is the key for the future growth - 'significant scope' :

'The Group predicts continued strong growth, despite a stable outlook for the housing market. The Board foresees significant scope to continue to increase conveyancing market share, in what remains a highly fragmented market.'

I am in financial services and I can assure you Help to Buy and low interest rates have really boosted the house building industry.

[johnwise] 18/4/2016 07:10

ULS Technology To Beat Full Year Market Expectations On Strong Growth


Trading Update and Notice of Results


Outlook

The Group predicts continued strong growth, despite a stable outlook for the housing market. The Board foresees significant scope to continue to increase conveyancing market share, in what remains a highly fragmented market.

The recently completed investment in HomeOwners Alliance is expected to deliver incremental growth in conveyancing volumes contracted directly with customers via the Company's eConveyancer platform. HomeOwners Alliance will also become the platform through which the Group will promote its Estate Agency comparison service, Estateagent4me.

The Board anticipates further growth in the year ahead as it continues both to increase market share in its chosen verticals and benefit from new contract wins.

Trading Update

[18bt] 18/4/2016 06:55

That's quite a big beat of >£1m on revenue and £0.2m on PTP market forecasts. Should yield about 4% on these numbers, which is pretty good for an AIM stock with growth prospects.

[18bt] 18/4/2016 06:37

Always like a company that beats market expectations. This should move the price, but not sure it will remove many of the sceptics on the UK housing market. But this looks a structural change in the conveyancing market that ULS is leading, along with fixed price estate agents.

[phowdo] 03/11/2015 15:44

Its had a great run, but I dont much like this statement from the update.

"
market activity has decreased since the end of the summer as the low numbers of properties listed for sale with estate agents begins to flow through to the Group's market
"

[b1ggles] 03/11/2015 15:26

There's a share price reaction now, 18BT.

[18bt] 03/11/2015 09:09

Good update this morning. Amazed there is no share price reaction or comment on here. Its a growth company PE of 15-16x with a forward yield of 3+%.