United Carpets Share Discussion Threads

[lbo] 17/5/2017 16:10

This dividend will be paid on 25 May 2017 to all shareholders on the register at the close of business on 19 May 2017

[qs99] 17/5/2017 15:50

happy to be 30% up so far though, GLA

[my retirement fund] 17/5/2017 15:45

Theres some really decent volume here at 13p and above driving the price.Thats great to see.

[qs99] 17/5/2017 15:35

yup, probably, but investors know that, so something other than that may be driving this no?

[rndm355] 17/5/2017 15:35

It will drop 1p ex div in the morning

[qs99] 17/5/2017 15:20

yup, bumping along nicely and XD tomorrow isn't it?

[rolo7] 17/5/2017 14:58

Certainly interest here would be nice to hear what precise trading figures are 2p EPs would be nice. Final divi to come I expect in October?

[cityconindex] 17/5/2017 14:56

13 buy 13 to sell amazing but will the price drop in the morning ..

[my retirement fund] 17/5/2017 14:53

Well in the case an offer of 20p would be cheap.

[qs99] 17/5/2017 14:33

well good to see more buying anyway while we wait to see what happens given all the speculation above DYOR

[qs99] 17/5/2017 13:55

continuing to edge up...

[lbo] 15/5/2017 13:13

Tapi has invested £24m to get close to 70 stores which would value UCGs 57 stores at least at £20m or over 20p per share. And Tapi is based on a franchise type model which could easily acquire UCG and rebrand it Tapihttps://www.thefurnishingreport.com/index.php/news/retail-distribution/2845-investment-in-tapi-carpets-floors-reaches-nearly-24-millionhttps://www.retail-week.com/sectors/home-and-diy/in-pictures-son-of-carpetright-founder-unveils-new-flooring-retailer/5075362.articleTapi has been modelled on a partner-owned structure. "You need to get people to buy in. I don't want employees, I want invested partners," said Harris. "When the business does well, they do well, we're all in it together. There's power and pride in partnership."

[cityconindex] 14/5/2017 18:13

Even at 22p as long as trading continues to plan they are underated, either way there is potential.

[norbert colon] 12/5/2017 14:00

Interesting debate.I initially bought in March 2015 at sub 10p and am pleased to have added more this week off the back of special divi and positive Broker forecasts.

[my retirement fund] 12/5/2017 13:20

I rathet think WPP is a totally different business and does not have even the faintest similarity to this.On a more positive point. Cantor Fitzgerald have a buy rating reaffirmed again for United Carpets.Moreover they have a 19.5 pence target on the stock. Nearly 80% upside from the present price.

[lbo] 12/5/2017 06:31

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.

[cityconindex] 11/5/2017 19:10

MRF the same sort of people who purchased WPP all those year's ago. A run down trolley buisness and now is the worlds biggest advertising agency. UCG is cheap as chips, and may be purchased as it's listed, on the stock market.

[my retirement fund] 11/5/2017 18:32

Attract a predator? So who an eaeth would be in the market foe a small franchise chain of carpet flooring and bed shops in the north of England exactly then?

[cityconindex] 11/5/2017 13:36

MRF do you know something we don't... if the market keeps the shares low they will attract a predator, that's how it is.. especially as you point out its generating lots of lolly, going to the main shareholders.

The shares should be almost double where they are now, and the company worth 20 odd million..its cheap, a real UCG bargain in itself,

Do you think the owners would turn away a good offer of 30 p ? Would you?

[qs99] 11/5/2017 12:52

why don't management offer 20p, take it off market, sale and leaseback of freehold, and happy days? bit of debt/equity to finance the rest and off you go...DYOR?

[cityconindex] 11/5/2017 11:25

Ntv Tapi leveraged but run by Phil Harris son. So plenty of shekels 😊 to do deals.

[cityconindex] 11/5/2017 11:25

Ntv Tapi leveraged but run by Phil Harris son. So plenty of shekels 😊 to do deals.