ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

UCG United Carpets Group Plc

5.05
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
United Carpets Investors - UCG

United Carpets Investors - UCG

Share Name Share Symbol Market Stock Type
United Carpets Group Plc UCG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 5.05 01:00:00
Open Price Low Price High Price Close Price Previous Close
5.05 5.05
more quote information »

Top Investor Posts

Top Posts
Posted at 23/12/2020 13:07 by davidosh
Funds cannot buy the size of stake they need to make a difference and retail investors are not keen on illiquid sub £25m market cap companies that inevitably have wide spreads.

This company has been on a low rating for years it is nothing new.
Posted at 18/12/2020 18:35 by my retirement fund
It is lousy but they know dam well that if they waited another 12 months they would have to be offering a lot more. I took the opportunity to average down during the summer panic, so thankfully I'm not going to be loosing out but there must be an awful lot of investors who will be getting royally shafted.
Posted at 18/4/2018 09:56 by loganair
If Carpetright go under it is known that Lord Harris Tapi carpets are looking at taking over around 100 of their outlets.

What I can see happening if this happens, Tapi will then come to the market with an IPO sucking in the Retail Investor with Lord Harris making a ton of money and over time Tapi will become another Carpetright.
Posted at 17/5/2017 15:35 by qs99
yup, probably, but investors know that, so something other than that may be driving this no?
Posted at 12/5/2017 06:31 by lbo
Eyre and Grayson taking it private or a private equity backed MBO would pay even bigger dividend cheques due to the savings alone on stripping out the AIM listing costs. At such a discounted micro Market Cap and no need to raise equity capital for growth as its cash generating then it's ripe for being bought out in such a low interest rate environmenthttps://www.bdo.co.uk/getmedia/7a5055c2-c009-4259-af62-6076f34cd49a/DirectAim-Issue-2-2015.pdf.aspxBEING QUOTED ON AIM...COMES AT A COST – BUT IS IT WORTH IT?According to the results of our recent Pulse survey, which YouGov carried out on behalf of BDO and the Quoted Companies Alliance, the average cost of being quoted on AIM is around £220,000 per annum, whilst the average cost of maintaininga listing on the Main Market is more than 60% higher at around £360,000 per annum.This total is made up of the costs of nancial PR, investor relations, nomads, brokers, auditors, website maintenance, regulatory news service, registrars, annual general meeting, annual report production and the annual listing fees.However, this captures only the external costs; the internal costs of time spent on investor relations and regulatory compliance will almost double this cost. Therefore, as a rule of thumb, the real annual cost for an AIM company is on average £500,000 and £750,000 for a Main Market listing.
Posted at 01/10/2016 10:39 by lbo
Buy backs are more tax efficient also as investors pay income tax on dividends and CGT on share buy backs
Posted at 09/8/2016 12:56 by my retirement fund
The stock of United Carpets Group plc (LON:UCG) gapped up by GBX 0.01 today and has GBX 14.19 target or 32.00% above today’s GBX 10.75 share price. The 7 months technical chart setup indicates low risk for the GBX 8.66M company. The gap was reported on Aug, 9 by Barchart.com. If the GBX 14.19 price target is reached, the company will be worth GBX 2.77M more. Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. The stock increased 1.18% or GBX 0.12 on August 8, hitting GBX 10.75. About 20,000 shares traded hands. United Carpets Group plc (LON:UCG) has declined 21.10% since January 7, 2016 and is downtrending. It has underperformed by 29.46% the S&P500.

United Carpets Group plc is a United Kingdom firm engaged in carpet and bed retailing. The company has a market cap of 8.66 million GBP. The Firm is also involved in franchising of retail outlets. It has a 7.21 P/E ratio. The Company’s business divisions include Franchising and Retail, Warehousing and Property.
Posted at 06/8/2016 08:07 by ntv
bit weird this from their corporate web site


CORPORATE INFORMATION

WARNING TO SHAREHOLDERS
It has come to our attention that recently a number of smaller shareholders have received unsolicited telephone calls concerning their investments in United Carpets Group plc. Such calls have related to offers to potentially purchase shares for considerably more than the current market price, further details of which would be disclosed once the shareholder concerned signed a non-disclosure agreement.

Shareholders should be wary of any unsolicited advice. Following a recent increase in the prevalence of so-called "boiler room" scams, the Financial Services Authority (FSA) and the Institute of Chartered Secretaries (ICSA) have produced a leaflet warning investors about unsolicited communications concerning investment matters, which is available in full by clicking on the link below. Please note the following recommendations in particular if you receive any unsolicited investment advice:

Make sure you get the correct name of the person and organisation.
Check that they are properly authorised by the FSA before getting involved by visiting www.fsa.gov.uk/pages/register.
Report the matter to the FSA either by calling 0845 606 1234 or visiting www.moneymadeclear.fsa.gov.uk.
If the calls persist, hang up.
If you have any queries, please contact Mr Ian Bowness, Company Secretary on 01709 732666 ext 851eird this
Posted at 09/7/2016 09:10 by qs99
rubbish corporate website IMO! anyway, hope their results are better presented than their investor relations section haha
Posted at 04/6/2015 09:55 by loganair
Telegraph, excellent article, save reading the whole thing I've copied the specific part that mentions UCG:

Another option to look at would be United Carpets. This Aim-listed minnow reported an 18pc increase in first-half pre-tax profits to £534,000 at the end of September. The market consensus is for full-year pre-tax profits to rise to £1.1m, giving earnings per share of 1p. The shares on 11 times forecast earnings are trading at a big discount to sector peer Carpetright, but this rightly reflects the reduced liquidity and heightened risk in a company worth only £9m.

The management confidence was underlined by the announcement of a 1p special dividend last month, and investors can still pick that up as the shares go ex-dividend on June 4, with the special payable on June 19. After a torrid few years and restructuring of the store portfolio the company is expected to return to dividend payments this year and a catalyst for the shares could be the annual results due in July.

Your Recent History

Delayed Upgrade Clock