Uniq Plc Share Discussion Threads

[hal5] 25/8/2010 09:20

Who's the more stupid? Those who still hold or those who have no interest in the company and yet still post on this bb?

My money's on the latter! LOL!

[timorg] 24/8/2010 21:03

dp filtered but gave me a laugh.

[dancing piranha] 24/8/2010 19:54

I'm stupid am I??

I don't hold these, or ever have, how can I be stupid?

I'm guessing you do, so I guess you better revise your accusation!! lol

[psolomons] 24/8/2010 19:47

Its just the pension, stupid. When the deficit plan is agreed the company and its share price will prosper.

[dancing piranha] 24/8/2010 17:17

I love the way someone is desperately buying a few shares in the auction each day, so it closes evens! Sheer desperation in my opinion! lol

[harmonics] 17/8/2010 16:46

Lol
Hey Brando you have been quiet for a long time, you into anything good?

[brando69] 17/8/2010 16:45

grand old duke of york has really got his teeth into uniq hasn't he?

[trojan] 17/8/2010 16:44

Nothing to add at the moment, so no point posting rubbish, but you carry on! ;)

[raginghippo] 16/8/2010 16:44

no-one even writing on the BB....oooohhhhh dddeeeaaaarrrrr.......

PENSION

PENSION

PENSION

PENSION

E
T
C
.
.
.
.

[cfb2] 09/8/2010 18:51

It must be groundhog day (or year, or decade). Their plan B will be to expand their business again via a rights issue(s) so that they can go on another buying spree. The only way this business will survive is to have a business with sufficient revenue to service the pension fund. They've tried this before by expanding into Europe and then sold all the businesses; no doubt they'll come up with plausible reasons as to why such a similar strategy is going to work this time round.

The pension fund will continue to be an albatross around Uniq's neck until all those fit unigate milkmen start popping their clogs. They either need to give up or they need to keep going round this expansion/sell off cycle until that liability is sufficiently reduced.

CFB

[bonio10000] 06/8/2010 12:59

re-capitalise? How?

Mark Cap of £10m, nobody is going to stunp up a few hundred million and a huge dilution. Pie in the sky idea.

[psolomons] 04/8/2010 19:11

That was two weeks ago and looks like a bargaining position. See this quote ;

A Uniq spokesman emphasised any recapitalisation was being considered as a potential "Plan B" if ongoing negotiations with TPR on the original proposals failed.

[propane] 04/8/2010 18:28

This?.....

[joeblogg2] 04/8/2010 17:04

Dung. can you post the link? thanks

[dungraftin] 04/8/2010 17:02

I have today read that Uniq may be forced to recapiatlise in order to fund its £436m scheme deficit, following the rejection of the funding proposal by the Regulator.

What this actually means, I have no idea (whether good or bad), but thought peeps might find it interesting.

[davius] 04/8/2010 16:49

I don't think anyone is seriously considering that the company will cease trading, but pre-packaged administration is not out of the question. Let's say Uniq was worth £100m as a going concern. Put the company into adminstration, sell it to a competitor for the £100m, tax liabilities met first, the rest goes into the pension deficit and the shareholders get nowt. Worse case scenario, and I hope this doesn't come about as I still hold. But the risk is there, hence why we trade at 10p. Any sign of a pension agreement would remove the risk and should see the shares significantly higher, but that still looks some way off.

[dungraftin] 03/8/2010 15:10

Exactly psolomons. The Regulator will not be forcing Uniq into a position which is likely to mean putting the company into administration. TPR have stated that 'we have a duty to look carefully at any proposed transaction that is brought to our attention. Our focus will be on ensuring no proposed transactionwill put members' benefits at risk'.

Had Uniq's proposal been accepted by TPR then it would have been consider by the Pensions industry as 'an unwelcome precedent'. So it's over to Uniq to propose a middle ground with TPR.

[psolomons] 03/8/2010 14:54

There is a great deal more than the pensioners to think about if winding up the company is seriously being considered. The employees are pretty important, many livlihoods would be lost if UNIQ goes bust.
Clearly the best option by miles is a sensible conclusion on how to fund the pension deficit. That way the company can prosper and the fund secures future funding.

[leestig2] 03/8/2010 13:39

Kibes - I tend to agree with you on this one. I keep watching this one, but I can't stop thinking: administration, businesses sold on the cheap to Muller, Greencore, Nfds, Bakkavor...PPf for pension.end of!!!! I sincerely hope this doesn't happen of course.

[kibes] 03/8/2010 11:34

raginghippo - actually it would be much easier to put the company into administration, get the pension protection fund to take over the pension liabilities and sell the business without debt. That way the staff would survive but there would be nothing for shareholders or lenders. Any cash raised would have to be given to the pension protection fund.

[warranty] 29/7/2010 22:34

Trojan, I'm not getting personal but I have as much right to post my thoughts as others. You are however right that at the moment I have no intention of buying as I think the PF deficit is too large for a company of UNIQ's size to manage and I'm doubtful the Regulator will agree to any potential offer the company make to service it.

Also UNIQ are too reliant on one or two major customers and if they should lose these the game's up and I think that might be what the Regulator is nervous about. It's a pure gamble at the moment and until I see a suitable resolution I will consider this a punt and no more. That's not my idea of investing so I'll watch for now and see how it goes. I do however hope I'm wrong and you prove me that way because if things turn positive I may well buy in. I am however not short and if I offended you any way in my last response then I apologise, that was not my intention.

[raginghippo] 28/7/2010 13:29

I've made some good money out of UNIQ but im currently not holding, however, im keeping a close eye on the share price I don't think we are at the bottom yet so is anyone else in the same boat and if you are what price target are you thinking about buying in at?

I'm thinking a similar point to last years low - 6p ish.

I dont think UNIQ will go under - the pension owes too many people and it would not be allowed to fail. My only concern is a cash call and the possible dillution but as someone has said previously, if the pension problem gets solved then the share price should rocket so the dillution might not be a bad thing....

decisions decisions.....

[trojan] 27/7/2010 09:47

warranty, I have a life thanks, but the point still remains!!! You do not hold and to say you have an interest after making the comment "Looks set for the graveyard I'm afraid" can only mean that you actually don't or you are short!!!

Don't get personal and if you are indeed short then please start your own shorters thread as this is a long's thread and after your comment above you are clearly not going to be a long at any point are you!!