Universe Share Discussion Threads

[bobby.ifa] 20/4/2007 11:33

union- customers don't behave like that. They need to be sold to by pro-active, incentivised sales people.

[unionhall] 20/4/2007 10:56

Sounds a bit aspirational to me.

It would be better if the customers were looking for them rather than the other way round.

They don't seem to have any close-to-signing targets.

[danski] 20/4/2007 10:31

anyone see anything in today's announcement that we didn't already expect?

obviously it's upbeat, but is there anything there that isn't already in the price...?

[sharestriker] 20/4/2007 10:23

Universe Group PLC
20 April 2007


For immediate release: 20 April 2007


Universe Group PLC

Result of EGM

Universe Group PLC, ('Universe' or 'the Company'), the retail and loyalty
systems company, is pleased to announce that at the Company's Extraordinary
General Meeting, held earlier today, all of the resolutions, which relate to the
proposed placing of 42,857,143 new ordinary shares at 7.0p per share to raise
£3.0 million before expenses (the 'Placing'), were duly passed.

The new ordinary shares are expected to be admitted to trading on AIM with
effect from 8.00 am on 23 April 2007.

John Scholes, Chairman of Universe said: 'The Company has a new management team
and a new strategy for growth. We were pleased to have received significant
institutional investment support for this Placing, raising £3.0 million. We have
also negotiated a new banking facility with HBOS. With a strong financial and
operational platform in place, and a keener focus on our product offering, the
challenge is now to invest in sales and marketing and deliver on our growth
strategy.'

He added: 'The short-term environment is favourable with legislative and
regulatory drivers such as Stage II Vapour Recovery which is requiring many of
the UK's petrol retailers to upgrade their pumps and forecourt systems.
Alongside this we intend to focus on multi-national petrol retailing companies,
who we believe are focusing increasingly on customer loyalty, not only in the UK
but also across many of the countries in which they operate. We look forward to
updating shareholders on our progress in due course.'

[verynervy] 02/4/2007 16:26

Well todays another mystery odd sells amounting to 50,000 and a buy of 150,000 - no share price movement?

Its back to any ideas again.

I`m clueless as usual!

[danski] 30/3/2007 21:19

guess we just have to grin and bear it. i got in at 10p. considered selling out even. kind of wish i had... but we'll get there eventually...

[chris nuttall] 30/3/2007 20:17

Very true especially as they are looking to raise more cash buy releasing another large amount of shares at 7p per share.

Sell em to the institutions at that price and they will do the usual, wait a couple of weeks for the price to climb a little and then sell, they make a nice profit and we all get stuck in the low price doldrums untill the sells have all cleared.

[verynervy] 30/3/2007 09:46

Back to same downward path!

[tsmith2] 27/3/2007 08:45

danski - has TW done an update on this?

[tsmith2] 27/3/2007 08:23

results out and eveything done and dusted - Co very upbeat about prospects, financing in place, good growth story.

[acornoptical] 26/3/2007 18:23

sorry for being thick but who are haregreave hale ltd i am a long term holder but have not been watching to depressed since the divi went but just noticed
a positive share movement iknow there was some interest ie takeover but i thought the company had some new board members with BIG plans

[tsmith2] 26/3/2007 13:05

inverse head and shoulders

[boadicea] 26/3/2007 09:45

Don't know about that - may have no connection.
The 374k buy is about 0.57% and will only require disclosure under rule 8.3 if the holder had/has more than 1% of voting rights (or something like that - dyor).

Agree that action sometime is quite likely but could be some months away imo.
If the buyer was in a hurry he would be inching the price up.

...[PS 12.45pm].... and perhaps he is!

[verynervy] 26/3/2007 09:29

yes looks good - so the withdrawn announcement did mean something????

[tsmith2] 26/3/2007 09:16

up again - early days but getting confident that we could see action

[boadicea] 26/3/2007 09:03

Friday's large (374k) late-published trade appeared to be priced as a 'sell'.
However, share price had been incremented from the Thursday so it would have been at previoius mid-price and I read it as a 'buy'. It also neatly balances up the excess of 'sells' over the previous two weeks.
The fact that an mm took on so many without dropping the price implies that he knew a buyer was waiting imho.
I'm looking for the process to be repeated which would be interesting.

[tsmith2] 25/3/2007 16:31

we could do with an explanation

[doughboy66] 25/3/2007 10:48

I did wonder at the time how they had managed to pick them up at 7p!
I`m clutching at straws here but maybe this has been marked down over time so as to fill their order for 4.5 million at 7p ?

[verynervy] 24/3/2007 08:25

Your explanations seem most likely!

[verynervy] 23/3/2007 15:38

this statement has just been withdrawn-how peculiar!

[doughboy66] 23/3/2007 13:06

Hargreave Hale ups stake in Universe Group to 6.91 pct


LONDON (AFX) - Hargreave Hale Ltd said it has bought 4.50 mln shares of
Universe Group PLC at 7 pence each, taking Hargreave's stake to about 4.53 mln
shares, or 6.91 pct of Universe's share capital.
In December, Universe said it had received and rejected a number of
unsolicited approaches to acquire the company, but, given the interest and
"disappointing share price performance", it was considering seeking further
offers.