| Date | Subject |
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19/11/2020
10:26 | loganair: Th - I've been here since Universe paid their last dividend, then all the way through the Jetwash debacle which lost them c£1.5mln.
Over the years Universe has continually promised much but sadly delivered very little. Often saying there's new big contracts just round the corner, then nothing.
It seems to be Universe has just been treading water over the past 10 years, going nowhere.
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05/5/2020
10:49 | srpactive: Morning just all.
Looking very good here, yes and a test of 6p would be good.
No contact investments are a target of mine going forward, ung, see and mno
my latest.
dyor
active
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28/11/2019
19:02 | dangersimpson2: Was recorded by PI world I believe, but not gone up online yet as far as I can see. I attended the presentation - was a bit rambling IMO, Jeremy Lewis seemed to love the product so much he spent most of the time focused on that and we didn't get into as much detail on the financials as I would have liked. Not necessarily bad to have a CEO that is passionate about the product and to be fair the things UNG can offer convenience stores is really impressive, and better than the current technology that the big supermarkets have at the moment - personalised adverts & offers, in-store guidance to products etc. I just doubt whether anyone would bother with this when they go into their local costcutter for a 4-pinter!
A couple of other points that stood out to me:
- Celtech acquisition was really positive for the company - lots of cross-selling opportunities & all back end systems are transitioning to ab-initio.
- This should drive modest revenue growth (UNG are in the sweet spot with about 7% market share - enough to be a player, with a decent client list, not enough that growth would be difficult. Aim is to go from 7% to 12% market share in the next few years.
- more importantly, net margins should head back towards the 10% level as they transition completely to ab initio for back end systems.
If you do the maths on the revenue increase and margin increase you get some pretty decent profit figures compared to today's price. The question is can they deliver? If they do this won't be an overnight thing - they are targetting mid-21 - but the market is forward-looking so I'd expect the price to significantly appreciate in the next year or so if they are showing signs of delivering.
The presence of two strategic funds on the register - Downing & Gresham House - means that they will be getting the guidance/support they need, and pressure to deliver too. I know at least one of those funds seems confident that they will be able to do what they say.
I also wonder if they would make sense as an add on to one of the bigger players in the sector. For example, they do all the Morrisons petrol stations but not the stores where a much larger company is needed to deliver the PoS tech. Could be a cheap bolt-on to such a company to immediately add market share & cross-sell. Just to be clear, this bit wasn't talked about by the company though - this is just my general musing.
HTH
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17/4/2019
06:36 | dealit: I do feel UNG have done well to stay in profit considerating the loss of Conviviality Plc. UNG feel confident in future growth.
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03/4/2019
18:23 | boadicea: Lunchtime RNS issued - Takeover of Irish registered Camden Technology.
The terms look generous but claimed to be earnings enhancing.
https://uk.advfn.com/stock-market/london/universe-group-UNG/share-news/Universe-Group-PLC-Acquisition-of-Camden-Technolog/79620316
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09/1/2019
15:09 | dealit: Cheers `Welsheagle`, I have held UNG for a many years, at present not in profit maybe things are on the up.
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15/11/2018
13:27 | arthur_lame_stocks: Gresham House have upped their stake significantly.
https://investegate.co.uk/universe-grp---ung-/rns/holding-s--in-company/201811151234205084H/
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04/10/2018
06:32 | dealit: Univers are a nice little earner for the staff and owners. As a share holder their is no point in holding these really, no dividend very few announcements not a lot of chance that the share price will rise IMHO.
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03/10/2018
18:49 | loganair: UNG, valued at £11mln with £3mln cash in the bank and no debt.
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23/1/2018
19:52 | dealit: Does anyone know if the changes in the way customers pay for items in retailors i.e. no cashiers will benefit UNG in anyway.
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PLUS1
