Universe Share Discussion Threads

[papalpower] 06/4/2006 11:54

55K buy and 50K buy, the reasons behind the ticks up.

L2 is 1 v 1

[papalpower] 06/4/2006 09:41

Would look like that verynervy, now if they can sell of Master Change with this new money to cover working cap, well, it would certainly re-rate upwards then I think !!

[verynervy] 06/4/2006 09:38

Well I take it this placing along with the reduced dividend means they have the use of this money planned and expansion/more roll outs are just around the corner!

[papalpower] 06/4/2006 08:58

Up again and L2 2 v 1

[skyship] 05/4/2006 18:16

Rather underwrites the share price wouldn't you say! Will add more @ close to 17p if they fall back there over the next few days.

[papalpower] 05/4/2006 11:06

Universe Group PLC
05 April 2006

Universe Group plc (the 'Company')
Placing of 2,379,410 new ordinary shares to raise £404,500

The Board is pleased to announce that Charles Stanley Securities has placed
2,379,410 new ordinary shares of 5 pence each (the 'Placing') with institutional investors to raise £404,500 before fees and expenses.

The shares were placed at a price of 17 pence per share. The Placing represents approximately 3.5 per cent. of the existing issued share capital of the Company.

The Company announced preliminary results for the year to 31 December 2005 on 30 March and stated that the group's Chip & PIN and on-line services are
progressing well and that prospects across HTEC are excellent. The proceeds of
the Placing will be used to augment the Company's existing working capital
facilities as the Company's rate of growth increases.

Application has been made for the new ordinary shares to be admitted to trading
on the AIM and dealings are expected to commence on 10 April 2006.

[papalpower] 05/4/2006 10:36

Taking the "p" now, 4 v 1 and up again, where are those sellers............??? :(

[papalpower] 05/4/2006 09:13

Getting more expensive now verynervy.......but I want it cheaper so I can have some more below 17p ! Its not fair, where are these year end tax sellers, can we have some more on UNG please :) ;)

[verynervy] 05/4/2006 08:34

Getting cheaper, with all ite bright future prosects?

I sincerely hope not as I feel that would be the last straw for faithful investors!

[papalpower] 04/4/2006 12:39

Well done Skyship, I was hoping to get some dirt cheap, but its bounced back for now.

You just have to wait for people to get bored in April and May and June, and then pick up nice chunks at low prices :)

[skyship] 04/4/2006 11:11

I've had these on my Monitor for two years now; and finally bt some today - an initial 25/- @ 17p.

[papalpower] 04/4/2006 09:31

Getting hit by tax year end sells and T trade sells, might have to put a buy order in at 15p and see we get lucky.

Mid term will be moving back up into the interim results.

[rcktmn] 02/4/2006 09:45

As said above.. it's a lot of jam tomorrow ! let's hope the share price rises strongly to reflect it.. I'm not expecting a sudden re-rating but a gentle upward trend over the next two yrs would be nice... 35p by this time next yr ? anyone any predictions ?

[papalpower] 02/4/2006 02:57

Latest Broker Forecasts

Charles Stanley 30th March 2006 ACC

2006 Pre Tax Profit 1.7M
2006 EPS 2.1p
2006 Div 0.6p

2007 PTP 2.1m
2007 EPS 2.4p
2007 Div 0.7p

[cargosa] 31/3/2006 20:19

Need pro info??? Read this

[rcktmn] 31/3/2006 20:17

surprise, surprise... no fireworks ! another false dawn...more jam tomorrow!

[papalpower] 31/3/2006 12:51

A few buys coming in now, and back to all square.

I think there was too much scare mongering into the results, which has left UNG very oversold and with an overhang to clear now. Once that clears over the summer, the autumn could be very exciting, especially with any news from sale of Master Change.

[hectorp] 31/3/2006 09:15

Papal, if 18p is double support, I'd be a buyer for your interims.
These sectors seem out of fashion just at the moment with everyone scurrying for oil and metals stocks but one needs variety .
May get a few. On watch list now.

[papalpower] 31/3/2006 09:08

ferty, I would agree with that :) Finally, it is a buy.

I would take a guess at 25p into interim statement September 06.

[ferty] 31/3/2006 09:05

t1ps.com were giving this as a buy when it was in the 40s and have all the way down to the present price.Well they may be right at last.

[papalpower] 31/3/2006 08:53

verynervy, one things thats been pointed out, the EPS reporting was to IFRS, not GAAP. If it was under the old GAAP system then EPS would have been 2.3p but its now 1.8p under new IFRS, so in fact the results were ahead of forecasts.

Too much selling happened before these results, the stock is weak, but I fully expect plenty of buying over the summer and a solid run into the interims, which is historically the reporting that see's the strongest performance from UNG.

t1ps.com had a full commentary on the results yesterday, and end rating was "BUY".

[verynervy] 31/3/2006 08:45

Well the fireworks never happened seems just like a damp squid - just waiting for `the cream tomorrow` now but like the `promised land` could be a number of years yet.

Still hold but have very little faith in a re-rating due to these less than expected results.

[ferty] 30/3/2006 21:49

Lets hope they can sell off the bureau de change now and concentrate on growing HTEC.I will be holding on to my shares for the present time as if or when they do get sold there should be a nice rise to go with it.

[piedro] 30/3/2006 13:25

cgldsmth,

'a damp squib'......interesting comment, and possibly. I find that the way Ray Mackie expresses himself in his report is somewhat confusing.

For example,

...'We have adopted IFRS and group operating profits on this basis are struck after what were formerly accounted for as exceptional items but before the results of the International Money Transfer discontinued operations.'.....

and,

...'Visitors to these exhibitions are wholly pertinent to the group's target audiences each event sees the group provide visitors with an overview of the range and breadth of its innovative petrol retail applications.'.......

- Was he tipsy when he wrote the Report ?

[cgldsmth] 30/3/2006 11:36

a damp squib