We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ultimate Fin. | UFG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 25.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 25.00 |
| Top Posts |
|---|
Posted at 22/7/2013 10:04 by the shuffle man Disappointing reaction as most investors here were expecting an all cash offer around the 30p mark.Was in this for the long term so will wait for things to settle down so i can reassess. I think UFG is a great business and its profits are growing nicely. Lets hope this can continue under the new ownership structure. |
Posted at 22/7/2013 09:58 by shaka198 Agree the space is very interesting which is why we are there in the first place, but now a lot more snouts at the trough, just to access a bit more cash. Presumably there is no problem with existing Lloyds funding stream?Will the dividend flow be maintained or just consumed and diluted in more overhead? A few questions I do not have the answer for? |
Posted at 22/7/2013 08:54 by the shuffle man This could be a good deal.The way i see it we still own UFG with the same management in place and now as RNVO havent used all their cash they have funds to inject into the business to enable higher growth and for additional acquisitions. I think this space is still interesting with companies continuing to look for alternative funding sources that the banks are still not providing. |
Posted at 18/7/2013 18:10 by 123prezzie I agree with 340r and it will be disappointing if UFG gets swallowed up in a bit of financial engineering by an outfit like Renovo. The UFG Directors hold about 14% including share options so, if it is going, let's hope they concentrate on negotiating a good share price and not on getting themselves juicy contracts and share options from Renovo. |
Posted at 24/4/2013 00:43 by shaka198 Market conditions are good for Companies like UFG, so good long term hold IMO, buy on any weakness. |
Posted at 23/4/2013 12:11 by cfro Thanks for the article Henryatkin. UFG still on my watchlist. |
Posted at 23/4/2013 11:01 by henryatkin UFG should be able to take advantage of the governments new Business Bank initiative. Bibby Factors CEO was interviewed about this on radio4 yesterday saying that they would be channelling low cost money from the business bank to small business's. What's good for Bibby is also good for UFG:By Andy Tait, UK Sales and Marketing Director (Bibby Financial Services) Vince Cable, Secretary of State for Business, has been unveiling more details about the government-backed Business Bank which is due to come online halfway through next year. As part of its attempts to increase funding to small and medium-sized enterprises (SMEs) in the UK, the Business Bank will manage £2.9bn worth of existing Government debt and equity schemes designed to ease access to finance, and a further £1bn is to be set aside to boost sectors such as non-bank lending. As the UK's leading independent invoice finance provider, we think this is welcome news and we will be proactively looking at ways Bibby Financial Services can take advantage of this extra funding in order to pass it on to businesses looking for flexible finance solutions. It is also welcome news that the Government is recognising the role played by non-bank lenders in supporting SMEs which are looking to grow and fund their businesses to help drive the wider UK economic recovery. In 2012 we provided £340million in funding to businesses in the UK, safeguarding jobs, helping to fund new businesses and backing entrepreneurship. In 2013 we are looking to increase that even further as more businesses are realising the value of taking on a facility such as invoice finance. The prospect of extra funds being made available in this way by the Government will support our aspiration as a provider to support record numbers of SMEs over the coming years. |
Posted at 21/3/2013 18:11 by shaka198 Steady progress in results with useful increase in dividend, imho good hold and buy on any weakness. Interesting that LBG finance them to enable them to take business from them, strange world. |
Posted at 21/1/2013 16:39 by henryatkin I've only recently started buying UFG after doing research. I don't know if its been posted about before but Factoring Blog is very interesting. I used invoice factoring back in the Alex Lawrie days of the early nineties for my engineering company. Factoring Blog covers UFG and has a recent comment on sales incentive jolly: |
Posted at 02/10/2012 08:45 by the shuffle man Excellent results, Dividend up 14% and with adjusted EPS of 2.38p puts the shares on a PE of 6.8x. Looks way too cheap for a company growing so strongly.Anyone else following this company ? |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
