Universe Share Discussion Threads

[oldolie] 02/12/2003 08:46

morning cheggers.

[maut too] 02/12/2003 08:45

big drop on low trading

[maut too] 01/12/2003 11:58

CAS Universe Grp. : EGM OKs Rights Issue
01-Dec-2003 11:57

Universe Group today announces that
the Resolution to enable the company's
proposed Rights Issue to proceed was
duly passed at today's Extraordinary
General Meeting.
On 14 November 2003, Universe
announced a 3 for 8 Rights Issue of up
to 15,985,233 Rights Issue Shares at
21.5p per share
Application has been made for the
Rights Issue Shares to be admitted to
trading on AIM. Admission is expected
to occur and dealings in such shares,
nil-paid, are expected to begin at 0800
GMT on 2 December 2003.

ICV Edited News from Dow Jones
1157 GMT Dec 01 2003

[maut too] 26/11/2003 08:14

up over 4% already ...

[geraldus] 24/11/2003 20:18

Yes I am surprised that it didn`t come back a bit today.There have been a few high rollers moving in a couple of months back,anyway it seems like a vote of confidence at the moment.AGM due very soon.

[dealit] 24/11/2003 17:55

MM`s willing to pay more for UNG shares usually means they will have an order to fill.

I would expect to see an announcement in the near future.

I am a little confused to why a share offer at this time if someone is interested in a big slice of UNG.

[maut too] 24/11/2003 13:12

ticking up again today ... something else must be going on

[dealit] 21/11/2003 17:04

I am glad to say I got it wrong did not expect a rise of 20% on the week

[dealit] 15/11/2003 07:07

IMHO the rights issue would seem to be a positive move. The draw back is that in the short term the share price will fall back to the levels of the offer price.
I will will take up the rights issue because I do feel that UNG are on the right track and have growth potential medium to long term.

[day_dreamer] 15/11/2003 01:38

Is Maut too aka ainsoph just the best stock tipster of all time !!!

Take any dog stock and ainsoph is long in it :-))

The guy is just a total idiot when it comes to shares !!!!

Gravy

[tomkin] 14/11/2003 11:51

take care, mutt poo = ainsoph! perhaps the most devastatingly bad stock picker of all times and an arrogant plonka to boot!

[maut too] 14/11/2003 11:46

yes ... thats true but guess some will see the issue of cheap shares as negative ... i will be taking up mine and note the directors are very supportive

[diamondal] 14/11/2003 11:31

I'm trying to figure out why some people are selling in view of the positive
trading update. Surely a rights issue will only serve to provide shareholders
with an opportunity to accumulate on the cheap!

[maut too] 14/11/2003 07:50

AFX-Focus) 2003-11-14 07:35 GMT: Universe to raise 3.4 mln stg via 3-for-8 rights issue at 21.5p
LONDON (AFX) - Universe Group PLC, said it is raising 3.4 mln stg by way of a 3-for-8 Rights Issue at 21.5 pence per share, as it gave an upbeat assessment of future prospects.
The net proceeds of the rights issue will be used to provide resources for the further development of the business and working capital for the group.

At the same time the company will repay about 1.5 mln stg of existing bank borrowings.

Referring to current trading it said each of the group's divisions has made further positive progress, adding it is confident of a positive outcome for the full year notwithstanding continuing poor levels of trade at Master Change.

For 2004 it expects market conditions to remain good for HTEC and First Remit and for Master Change to benefit from a lowering of its cost base.

It said HTEC has made further progress in the third quarter of the year and continues to enjoy a healthy order book.

Referring to currency exchange, it said Master Change continued to experience poor levels of tourist traffic in Paris in the third quarter.

It closed one bureau in Salzburg and plans to close a further three shops (one in London and two in Paris) in the remaining months of 2003.

This activity is not expected to result in a significant additional cost.

In the third quarter First Remit generated gross profit which covered its direct transaction costs.

Should the current rate of growth in transaction numbers be maintained the directors believe that revenues from First Remit will cover all of the currency division overheads in 2004.

rn

[chris nuttall] 12/11/2003 20:28

Martinc, I don't know as I have not done any on line shopping over here yet.

I think this company is now well placed to be a major player in the electronic card automated systems production, and as such imo this company could go on in leap's and bounds.

That being the case a few more rns 's regarding more contracs won should see the institutions starting to really take notice. ( all in my opinion that is)

[maut too] 12/11/2003 18:54

several late trades going through

[geraldus] 12/11/2003 18:44

It will not work for `card not present transactions`-There are other security measures for this but they are not foolproof where this new pin system is nearly as good as.

[martinc] 12/11/2003 11:07

How does it work for online shopping? Do you have to enter your pin number on the website too? If not, it's a big hole in the security.

[chris nuttall] 10/11/2003 20:38

I live in France and all cards issued here are on the pin no basis, no signing at all, you just enter your pin no in the shop keypad system and it automaticaly connects with your bank, confirms funds and debits your account there and then.

No pin code, no transactions, its as simple as that. When it is fully run out in England it will make every body's life a lot more simple and you dont have to wory about somebody trying to get funds out of your account as its your pin code and your not going to give that away to anybody (hopefully).So you don't have to wory about somebody copying your signature and debiting your account with charges.

regards to all Chris.

[dealit] 09/11/2003 08:59

I HAVE JUST RECIEVED MY NEW DEBT CARD WHICH INCORPORATES THE NEW PIN TECH.

MY QUESTION:- THE MARKET AND USES FOR PIN TECHNOLIGY IS MASSIVE, ARE UNIVERSE GROUP IN THERE BY THEMSELVEES AND IF NOT WHO ELSE????

ANY ANSWERS PLEASE.

[addict] 31/10/2003 08:20

So was the flury of buying activity merely to take advantage of the opportunity to bag the dividend or is there something more significant going on.Time will tell.DYOR.

[addict] 30/10/2003 15:07

faz,
But at 30p maybe they're a steal.Plenty of buying interest.DYOR.

[faz] 19/10/2003 18:04

Somewhere in this company I detect a goodish product and weak management -0 the results are always, always behind the ball. LIke, when was the split from Card Clear? and what have they done since- anbd what is this thread and others like it on simlar fora but a load of excuses - weak management, not bright management. Money/time and no payback = lost opportunity - what a waste. Give me 40p again andf I'm out.