Ultra Electronics Share Discussion Threads

[tomps2] 10/3/2020 15:56

Ultra (ULE) FY19 results presentation to analysts. 10th March 2020.

By Simon Pryce, CEO and Jos Sclater, Gp CFO.

[tomps2] 24/1/2020 10:22

Ultra Capital Markets Day.

CEO Simon Pryce and the ULE management team give details on Ultra’s new Corporate Strategy and focus on Maritime and Intelligence & Communication divisions. The presentation also provides insight into the Focus, Fix, Grow improvement opportunities and broader growth ambitions for the Group.

[tomps2] 07/8/2019 14:52

#ULE analyst presentation of H1 19 results by CEO & GpFD 7.9.19 (c50 mins)

[tomps2] 07/8/2019 07:45

ULE H1 19 results overview by Simon Pryce, CEO. Update on strategy and outlook.




From the RNS

Benefitting from strong markets; good order book development; continued organic growth; delivering as expected.

Strategy: ongoing strategic evolution and cultural change; increased R&D and IT investment; progress on improvement initiatives; identifying future improvement and growth potential.

'Solid start to the year. Benefitting from strong US defence spend & increased demand on existing programmes. ... Positive momentum into H2 and remain confident that 2019 will be a year of good progress. ... We have won good positions on a number of key new programmes which have significant long term potential...'

[frazboy] 12/7/2019 16:45

I think this latest rise is SFM closing their short in a relatively thin market.

[paulisi] 03/5/2019 19:36

Good news and the price should start to drift back up now.

[dendria] 03/5/2019 08:51

‘…the Group is seeing further positive developments in our order book and continues to trade in line with expectations…the Board remains confident that 2019 will be a year of good underlying progress.’

So nothing to get excited about but nothing to really worry about either. Steady as she goes.

[rhambo] 14/3/2019 10:20

@apollocreed1 not sustainable if true. The latest share price hike is a mixture perhaps of what you said and a resulting bear squeeze. Expect given the passage of time and another rotten trading update this to re-correct southwards.

[apollocreed1] 07/3/2019 11:09

I spoke to a manager who works at the company, and he believes they are increasing revenue by offering contracts at below cost price, and also giving discounts for pre-payments before completion. That's why revenue is up but profit is down. His complaint is that the senior management are finance people who are interested in hitting short-term targets that increase bonuses at the expense of quality products. So he expects they will lose customers in the long-term.

The other thing he says are that the share bonuses and options exercised are all processed on the first Wednesday of every month, so there is purposely strong buying activity on the market on the day of the results (to be honest I don't really understand what he meant by this but I'm just passing it on).

[dendria] 07/3/2019 09:51

Shorts getting burnt off here...

[dendria] 06/3/2019 09:21

06/03/19 'Ultra Electronics profit drops but revenue beats expectations'

[simonshare] 05/3/2019 12:08

2 funds (not shorters) have sold a significant amount of shares in the last 2 days. Added to which the large short ....looks ominous

[wattene] 05/3/2019 11:28

Government Petition to Ban shorting of London AIM stocks.

The AIM stock market is where smaller companies list their shares rather than using the prohibitively expensive main London Stock Market. This is an important market for the growth of smaller UK companies.

In challenging times, shorters seek to borrow the company's shares from a holder for a consideration and to buy them at a later date. They immediately sell these shares which, due to the relative illiquid market, sends the price much lower and hence the shorters can buy them at that lower price - pocketing the difference. The only beneficiaries are the shorters and the market makers with the losers being the reputable company and it's bona fide investors.

[vb6] 19/10/2018 06:41

Nasty slide in price recently.Any views?No news of note.Yoursvb6

[danieldanj] 05/8/2018 12:18

Ultra Electronics (ULE) Earnings-Reaction to Keep an Eye

[bigbertie] 16/7/2018 14:15

I am trying to find a list of companies in the Aerospace sector - FTSE code 2713.
No luck so far - anyone know a good website?

[apollocreed1] 27/6/2018 11:24

"Ultra also said that its cash performance will be more heavily weighted to the second half of the year..." In the last year I bought 2 other stocks where the management stated that performance will be weighted towards the last half of the year. Both times the full year results disappointed and the stocks each dropped about 50%. So I am very suspicious when I see this worn-out statement that performance will be better in the last half of the year.

[bakunin] 27/6/2018 09:26

British companies rarely fail to disappoint.

[bakunin] 13/6/2018 10:59

Should hit 18 by the end of next week. Trading update due and buyback in operation.

[bakunin] 23/5/2018 15:44

Feels like they might have been approached and are using the stock buyback authorisation to keep the share price up during negotiations.

[apollocreed1] 22/5/2018 17:08

Up 5% today, but can't find any news on the company or the sector that would have caused that!

[bakunin] 22/5/2018 09:50

Something afoot?

[vb6] 20/4/2018 16:06

Nice recovery.Good CEO in waiting buys.

[bookbroker] 19/4/2018 10:50

The kind of employees that comment on Glassdoor should not even be working there if that is how badly they feel, they are a liability. This investigation looks like a self-report, which is somewhat bizarre, may have come from the Algerian side. What is the level of business there, presumably the UK Govt. has to rubber stamp any dealings with a fairly secular country like Algeria, but the SFO has a pretty poor reputation for actually achieving a lot, is the PFC enquiry still rumbling on, been nearly a year now!