Ultimate Sports Share Discussion Threads

[clocktower] 30/6/2017 08:42

So, as expected accounts that are covered in blood red lines - not only that they seemed to have failed to disclose that they had sold "FPL" in a timely fashion to Powerplay Tean Sports limited in November 2016.

If a company with a T/O of only £1,248,490.00 that runs up Administrative Expenses of £818,903.00 suggests to me that the board are paying themselves excessive amounts relative to the income of the company.

With the disclosure that if they are not able to raise more funds they might not be able to carry-on it looks rather grim.

Surprised that the share price has not sunk like a stone. Strange to see a 40k sell at 7.5p and what looks like a buy at 13p followed a second later a trade which could have been a sell at 12.75p

False hope in the website as it just drains funds, and they call it a Pilot when they have been launching it for a couple of years now.

[clocktower] 29/6/2017 09:01

In view that they have not provided a trading update and have left the results RNS down to the wire and maybe even late Friday afternoon, one can only guess they will once again be covered in red lines,bearing in mind the number of placings to provide working capital, in addition having just issued stock in lieu of cash payment to Northland Capital Partners, suggests they are already short of readies imo.

Results in 2015 - around mid June - in 2016 - 26.06.16 - 2017 - still waiting!!

If Tilly99 was one of those having a punt on this recovering this year on the back of partnership deals with Powerplay, it could be that they will have to wait sometime longer, if ever for the company to turn a profit and to see the share price go north.

The way the directors have filled their own boots while diluting other stakeholders over a period of years while drawing decent salaries, looks very much like those old boys looking after number one, as do many other AIM listed companies.

[clocktower] 12/6/2017 12:52

Results for the full year must be shortly - maybe they have turned the corner and the share price will continue it rise northwards once figures and statement has been announced, as the share price has moved up from around 11p to today's current level on the back of a growing number of small buys, over a period of a couple of months.

[clocktower] 05/6/2017 16:01

Seems there is consolidation going on in the 5 a-side industry, and FirmBalls seem to be linked in some way as well as Powerplay.



Is this the driver for the slow but steady rise in the sp?

[clocktower] 30/5/2017 15:57

Tilly99 - your timing seems to have been spot on - I assume the venture/arrangement/partnership with Powerplay is the driver to growth and profitability. The growth in this and the Tennis side of the business looks interesting, and having taken a look on Powerplays website, I assume you are talking about this app.




"NEW Powerplay App is here!
Keep up to speed with all your team's affairs & admin on the go with our amazing free iPhone or Android App for football & netball. Your life just got a whole lot easier with a host of NEW features & benefits!

View your teams fixtures, results & league standing
NEW - Fixture reminder alerts
NEW - Optional log in - manage your team
NEW - Find extra players with Gamefinder
NEW - Easily pay match fees with enhanced payment options"

[clocktower] 07/4/2017 13:58

I assume it was your buys that ticked the buy up a fraction Tilly99 - yes directors buying as pointed out but at huge discounts previously. If you made 200k in one area an lost 400k elsewhere, it is still running negatively, as they seemed to have needed the cash for "working capitol". That could be to carry-on paying themselves.

While it is clear a small amount of buying could push the share price up, it only takes a couple of the larger investors to take a quick profit on a few to bring the share price back to earth again, unless they can provide a trading update that suggests the company will turn a profit very soon.

Good Luck with your investment but a stock worth watching, I agree, as it could rocket as the shares are tightly held and few floating around.I await news to pass judgement.

[tilly99] 07/4/2017 11:51

Mkt cap equals turnoverPlenty of cash in bank Tennis makes 200k paApp thrown in for nothing Plenty of tax losses Director buying large amounts at every opportunity Buy at 10pTarget 20p

[clocktower] 29/3/2017 19:47

LOL remarkomsoc, if the hat fits wear it - I guess you could say the cap fits them.

[clocktower] 29/3/2017 17:34

Another placing - the last one was only back in June, also at 10p when the directors filled their own boots at 10p raising 500k when the share price was around 20p+ diluting all their PI`s once again - they have once again put up almost 50% of the funds on this £200k funding,at a big discount once again with Pi`s not getting a look in or any reason why they need these extra funds. Are they running the company in such a way that they are just loosing money and draining small investors funds, while they take their salaries/fees & benefits? Working capital they say!!

There are several mysteries still to be solved, like where the stock came from that the Slaters got hold of.

The AIM regulators should take a long and hard look at these type of dealings imo.

From what I seem to recall both the directors in question are of some considerable age but due to the holdings they have, cannot effectively be replaced.

Results not due till around June, so one can expect another set of poor results I guess in view of the funding required.

[clocktower] 28/2/2017 15:38

Interesting link-up:

[clocktower] 03/2/2017 12:34

The last RNS was issued after close of business, I wonder if that was intentional?

Still no news about who has been selling - and as the last one million was off market there was no details of the price of transaction.

Have they authority to issue more shares? If so at what price or discount, as they really cut the ground under the share price last time when the board filled their own boots at the same time as raising funding at 10p.

[clocktower] 02/2/2017 19:40

Could it be the Slaters of Greenbond Properties? plenty of Cash at the end of 2015 as the accounts show - so is this an investment for the future for them, if it is these Slaters?

[clocktower] 02/2/2017 18:29

Is this another member of the Slater family buying stock?

Still no news or RNS about who sold the 7%+ - wonder if we will get to find out who the seller of these were, as they seem to have been traded off market. 4.88%

[clocktower] 31/1/2017 15:25

The Elms Group Ltd:This could also be a big step forward -


Then go to Home:

They are now in parnership with Powerplay. Wonder what the terms of this partnership are?

[clocktower] 20/1/2017 10:58

Still no news about who sold that 7%+ stake on the 12.01.17 - we know who purchased it but it seems the company have failed to ensure that the seller also notifies as they must have reduced or sold their stake. Looks a bit like an inside job, as the amount of stock normally traded is so low. Were any of the directors involved?

Time the regulators enforced all the rules imo.

[clocktower] 18/1/2017 08:23

Five-a-side should give a huge boost to Football Partners Limited, one of the USG`s businesses.

From the last full year accounts of USG.
"Football Partners Limited ('FPL')

Our 5-a-side football operation enjoys full FA accreditation and its activities (conducted through FPL) continue to be influenced by a difficult market as reported by our peer group competitors. Turnover (net of corporate fees) increased by 6.3% to £446,510 and this resulted in an operating loss of £77,437."

There should be a huge surge in bookings with the BBC promoting Five-a-side football, not only straight away but going forward.

Many that is why the Slaters bought a 7%+ holding - someone may have got wind of this.

We still need to know where the stock came from as someone must have reduced or sold their stake.

This may also give a big shot in the arm to Ultimateplayer.me

Is this the turning point in USG`s fortunes?

[clocktower] 16/1/2017 11:27

Well we now know who purchased over &5 of the company shares but we do not know who has reduced their stake yet or where the 1.5m of stock came from.

A positive bit of news all the same it would appear.

[clocktower] 13/1/2017 17:53

How long will it take for there to be disclosure about the stake and where it came from that was transacted yesterday?

[clocktower] 12/1/2017 18:11

Where did the stock come from for that 1,500000 shares - over 7% of the company - how long before a RNS is issued?

[clocktower] 12/1/2017 12:10

Huge buy trade for USG gone through at 12.05 - Is this the start of something? A takeover maybe?

[clocktower] 09/1/2017 15:06

A positive: Working with this business now - and this should give it a shot in the arm. Just need Sir A M to support it.