Ultra Electronics Share Discussion Threads

[davr0s] 20/7/2021 19:36

New recent closing high on decent volume - seems there is still interest here

[tomps2] 19/7/2021 15:28

ULE 2021 interim results presentation

Ultra’s CEO Simon Pryce and CFO Jos Sclater present the Group’s 2021 interim results.

Watch the video here:

Or listen to the podcast here:

[davr0s] 15/7/2021 19:40

Think they have 10 or so days to make an offer - no idea what will happen but content to hold

[davr0s] 05/7/2021 18:23

Still we grind up. Not unknown for companies with a bid interest get their skates on with the business so share price rises anyway - some evidence of this with last weeks PR and pretty upbeat RNS today. Fairly relaxed whether we get a bid or not as it seems price has awoken

[dendria] 01/7/2021 13:10

Previously I would have thought a UK Cobham/Ultra partnership would be a good thing - but now Cobham is effectively US-owned the UK defence/security issues would need clearance which I don't think they would get.

[davr0s] 01/7/2021 13:03

Not really - this kind of stuff happens all the time. Whether or not ULE is doing Ok won't stop someone paying to take it over

[bigbertie] 01/7/2021 10:31

Very suspicous approach in my opinion. Why not a straight bid, and what do Cobham bring to the party - Ultra are doing fine.

[davr0s] 30/6/2021 13:18

Nice to see it still holding reasonable strength albeit on lower volume than last week. Think Cobham have a couple of weeks to put an offer in now

[davr0s] 25/6/2021 18:34

Interesting late RNS. Wonder what made Cobham say something as they clearly knew what they had agreed to. Maybe games being played and could go hostile. No idea - price could go anywhere in either direction next week lol

[dendria] 25/6/2021 17:33

TOP NEWS: Cobham confirms potential merger with Ultra Electronics (Alliance News) - Cobham Ltd late Friday confirmed that it is currently considering a possible ...
Alliance News25 June, 2021 | 5:13PM

(Alliance News) - Cobham Ltd late Friday confirmed that it is currently considering a possible combination with Ultra Electronics Holdings PLC, with a view to creating a "global defence electronics champion".
Ultra and Cobham both share advanced complementary capabilities delivering mission critical solutions to the US, UK and other key allies, Conham noted.
A number of structures are under consideration to effect such a combination, Cobham said, including a contribution of Cobham into Ultra in exchange for new Ultra shares or a possible offer for Ultra by Cobham.
Ultra shares closed 6.7% higher in London on Friday at 2,300.00 pence each.

[davr0s] 25/6/2021 16:27

Cobham interest whoever they are

[redalert] 25/6/2021 16:27

poss tie-up with cobham

[davr0s] 25/6/2021 16:24

Price spiking

[hpcg] 18/6/2021 00:19

Noticed the rise, and guessed at the reason, so thanks for confirmation dendria.

[davr0s] 17/6/2021 19:29

I did wonder if this was possibly behind the move last few days. We will see....

[dendria] 17/6/2021 17:08

Ultra Electronics surged on Thursday following a report the engineering and defence company could be a takeover target.

hxxps://www.sharecast.com/news/news-and-announcements/ultra-electronics-surges-on-report-it-could-be-a-takeover-target--7996754.html

[scepticalinvestor] 17/6/2021 12:07

Start of a decent recovery. Has taken a lot of patience for me have to say. Now 10% up here at last

[davr0s] 17/6/2021 11:44

Strong back to back days and on decent volume. Can't find anything to explain it. Anyone seen anything? Interesting....

[scepticalinvestor] 12/5/2021 07:49

Looks good

[scepticalinvestor] 11/5/2021 10:52

AGM update tomorrow?

[leedslad001] 19/4/2021 09:34

Bought in this morning

[tomps2] 10/3/2021 16:24

ULE Full Year 2020 analyst presentation given 9.3.21 by Simon Price, CEO & Jos Sclater, CFO.

An overview of the results illustrating further strategic progress with key programme wins. Third consecutive year of organic revenue growth, with market outperformance. Margin progression & excellent ROIC, with an increased dividend. Transformation on track and exciting potential with a record order book, good visibility, targeted technology investment and the benefits of the transformation by the new team accelerating.

Video:

Podcast:

[steeplejack] 01/9/2020 10:04

BARCLAYS RAISES ULTRA ELECTRONICS TARGET TO 2200 (1800) PENCE - 'EQUAL WEIGHT'

[tomps2] 30/7/2020 16:01

Ultra (ULE) H1 20 analyst presentation.

Video:

Podcast: