United Carpets Share Discussion Threads

[my retirement fund] 31/3/2020 14:09

I do suspect it is. Staff on Furlough rent rate relief. It looks like 2008 all over again except government help. Should hit the floor running when shops can reopen

[gelp] 30/3/2020 12:14

Typo error.Meant big upside when virus scare over?

[gelp] 30/3/2020 10:50

Lots of reliefs rates , rents?, staff costs. Upside down when scare over from Is this cheap?

[mark1000] 16/3/2020 01:05

Would think that buying carpets is not at the top of every ones to do list currently if only they sold rolls of toilet paper.

[loganair] 21/12/2019 12:02

Interim dividend maintained at 0.135p per share (2018: 0.135p) payable 17 January 2020 to all shareholders on the register at the close of business on 3 January 2020. The ex-dividend date will be on 2 January 2020.

[rossco] 04/11/2019 20:34

I am attracted by the yield of 7.5% at the buy price of 5.5p.

UCG has a good cash balance and the operating cash flow was a positive 501k.
However reading the accounts raised two concerns -

Operating profit was basically halved by a charge for “impairment of receivable” of 579k

Other payables increased from 344k to 1279k at March 2019.

Can anyone provide any explanation?

[spob] 26/9/2019 22:14

ex div today

0.285p

[spob] 19/9/2019 13:11

agm statement today ?

[saltaire111] 09/8/2019 21:28

Back in again.

Salty

[callumross] 19/7/2019 14:45

Results out next week. Be interested to see how they have coped during this depressed retail environment. My expectation is that they will still have managed to grind out 0.5p EPS despite everything. If so, cheap on a long term view when Brexit is eventually sorted and consumer confidence returns.

[saltaire111] 21/5/2019 10:50

Advfn hasn’t caught up on the change of epic. Unicredit shares, biggest bank in Italy, look like they are getting to a base value at €10 a share. I’ve done well buying UCG at €10 a share before and I think it will deliver again.

Views?

Salty

[saltaire111] 21/5/2019 10:48

Forget carpets, let’s discuss the biggest bank in Italy. At close to ten euros a share, looks like value to me... Salty

[darwar] 25/3/2019 09:26

My pile did the loop,poor show indeed after all the promises

[loganair] 11/3/2019 09:34

Post from Carpetright thread - I work for tapi and have noticed tension. The lack of performance in many stores combined with many managers being on profit share schemes is causing a few twitchy bums. The only ones not bothered are those still on guarantees. Once off the guarantees you quickly realise that the grass is not greener. We have a business plan of waiting for the collapse of carpetright. If that does not happen I fear we are in the s@@t.

[lbo] 21/12/2018 09:04

https://www.proactiveinvestors.co.uk/companies/news/211558/united-carpets--profits-fall-but-hopeful-of-improvement-211558.html

[zapa] 20/12/2018 17:48

IFRS 16 will have a big impact .

[spob] 20/12/2018 17:43

current market cap 4.5m

less 2m cash = 2.5m EV

say they only do 0.5m profit for the full year

puts them on a true pe ratio of 5


and if the divi is maintained at .42p for the full year

that's a yield of 7.6% at 5.5p

[spob] 20/12/2018 14:56

forecasts for the full year anyone ?

[mark1000] 25/7/2018 14:38

UCG - Tend to understate - if you F/Cast lower figures for H1 comparatives it allows you to surprise on the upside rather then the downside. I for one was surprised turnover was only down 1.6% in view of the heat and footie suspect things will pick up in September with demand pent up rather than lost for ever.

[walbrock82] 24/7/2018 05:59

Is Carpetright the reason why United Carpet Group is issuing poor operational outlook? Read analysis here: