Universe Share Discussion Threads

[jwe] 20/8/2004 13:56

in for 30k @25p.

[maut too] 17/8/2004 15:41

phone and ask - they may tell you

[jwe] 17/8/2004 13:32

Anyone any idea when the results are due(5th sept last year).I have been thinking of buying back in to this stock for a while ,but given the agm statement i am expecting the interims to be `not great` so may wait until these are out of the way.

[tyranosaurus] 09/8/2004 18:48

The spread has got even worse. Now 20p to 25p.

I want a tighter spread before I consider buying.
I don`t think this is the right time to be buying shares anyway.

[40plus] 04/8/2004 20:02

I'm with you tyranosaurus . . . Always moves lower on piddly volumes. The First Remit story should transform this company so just use the weakness to add to your holdings and bank the generous dividend. Can't see it getting re-rated overnight but if you are an investor rather than a trader then these should reward us on a 3-5 year view.

[jwe] 05/7/2004 21:27

Maut too-
Many thanks for your comments i will research a bit further to get up to speed on more recent developments and may start to build a small stake again.
ps at the moment i feel OYS looks very promising(i hold quite a lot)and also maybe SGI

[maut too] 05/7/2004 17:07

I hold because the management have a big stake - they are paying good divs which should continue as they hold lots (I just took the script) - they seem to have established the way forward and I think they will now become increasingly profitable

14.05.04 :+2, (28) at the AGM chairman said: "Between April 2003 and April this year the number of money transfer transactions completed by First Remit grew at an average of 8% per month compound. This is in spite of the fact that in the second half of that period the company restrained transaction growth while it strengthened the management and control systems, and reduced costs. This has meant that, although breakeven will be later than anticipated, the company now has a more efficient business and will soon be ready to increase the rate of growth. Universe expects First Remit to be making a cash profit month-on-month before the year is out. Universe's closures programme for the bureaux de change is designed to restore some measure of profitability to that activity; recent weeks have been profitable in Paris, its main area of activity. With a strong order position at HTEC Universe is, all in all, anticipating a good year, and again the second half of the year will be considerably better than the first." All resolutions put to the meeting were passed by the shareholders.

[jwe] 05/7/2004 16:47

Maut too-
Noticed you were into this share,i used to hold but got out in the mid 30`s,now looking interesting again ,would be grateful if you could sum up the current advantages as you see them.

[maut too] 26/6/2004 09:05

I took the script and did so last time with the intention of rolling up. I have a relatively modest holding but add a few from time to time. Management have a big stake and seem to know what they are doing. Trading looks to be getting better. I think we are towards the bottom end of the current price range and will improve with the markets and with results. Not an exciting share with little press cverage but I am relatively happy we will outperform over the next 12 months

[dealit] 26/6/2004 05:37

Nice to see Warrants taken up and the maximum allocation.

They were issued a year ago and the price has moved back from arround 40p, we have had a div reduction plus an up-beat trading statement within that year.

IMHO I would have thought that RBS will have asked some questions i.e. are Universe still on track for better than expected H2 results, as stated in the trading statement.

Could be a time to stock up. I keep buying and averaging down having bought into Universe as a fledgling share buyer in the days of the TECH BOOM.

--------------------------post-------------------------

Universe Group plc (the 'Company')

Exercise of Warrants


On 30 June 2003 West Register (Investments) Limited ('West Register'), a wholly
owned subsidiary of Royal Bank of Scotland Plc, was granted a warrant to acquire
a maximum of 1,874,900 Universe ordinary shares at a price of 211/2 pence per
share, exercisable on or before 30 June 2004.

The Company has been notified yesterday that West Register has exercised its
warrant and has therefore acquired 1,874,900 Universe ordinary shares.

Accordingly, application has been made for 1,874,900 new ordinary shares to be
admitted to trading on the Alternative Investment Market on Tuesday 29 June
2004.

Following the exercise of these warrants, the Company has 58,800,422 ordinary
shares in issue.

25 June 2004

[mercedes] 25/6/2004 18:23

rambutan

Big holder of these............what about todays news on RBS ?
Any more thoughts??

mercedes

[rambutan2] 02/6/2004 14:54

worth noting that ennismore are not your usual fund manager. they are the cream of the cream and in a different league to most. returns since launch in the late 98 have been high (micropal ranking large and small cap, 1 out of 560, 1999-2003) while everyone else was dropping big time. their funds are closed to new investors and the smaller cos non hedge has a waiting list of 164 to get in. its rare to see them appear on an rns and they are still buying. its enough to make me want to investigate this company...

[maut too] 02/6/2004 14:23

CAS Universe Group : Holding under SAR3
02-Jun-2004 14:21
Date of acquisition
1st June 2004

Acquisition in
Universe Group PLC

Class of voting shares
Ordinary shares

Number of shares
1,197,089

Resultant total holding
9,368,934 (15.9%)

Party making disclosure
Ennismore Fund Management Limited

ICV Edited News from Dow Jones
1321 GMT Jun 02 2004

[maut too] 14/5/2004 11:34

CAS Universe Group : Breakeven later than hoped
14-May-2004 11:11

Universe Group today said that between
April 2003 and April this year the
number of money transfer transactions
completed by First Remit grew at an
average of 8% per month compound.
This is in spite of the fact that in
the second half of that period the
company restrained transaction growth
while it strengthened the management
and control systems, and reduced costs.

This has meant that, although
breakeven will be later than
anticipated, the company now has a more
efficient business and will soon be
ready to increase the rate of growth.
Universe expects First Remit to be
making a cash profit month-on-month
before the year is out.
Universe's closures programme for the
bureaux de change is designed to
restore some measure of profitability
to that activity; recent weeks have
been profitable in Paris, its main area
of activity.
With a strong order position at HTEC
Universe is, all in all, anticipating a
good year, and again the second half of
the year will be considerably better
than the first."
All resolutions put to the meeting
were passed by the shareholders.

ICV Edited News from Dow Jones
1011 GMT May 14 2004

[addict] 14/5/2004 11:26

Set to fly.DYOR.

[maut too] 16/4/2004 15:45

CAS Universe Grp. : CE sells 1.25m
16-Apr-2004 15:43
The Company announces that Ray Mackie,
Group Chief Executive has today sold
1,250,000 referred ordinary shares to
help satisfy institutional demand from
Ennismore Fund Management.
As a result of this transaction,
Ennismore Fund Management acquired
1,200,000 referred ordinary shares and
are now beneficially interested in
3,910,268 Universe referred ordinary
shares and 2,726,215 Universe ordinary
shares, whichin aggregate represents
11.3% of the entire issued share
capital of the Company.
Following this sale, Ray Mackie
remains beneficially interested in
5,711,197 ordinary shares and 891,698
referred ordinary shares, which in
aggregate represents 11.3% of the
entire issued share capital of the
Company.
The Company also announces that
Catherine Wines, director, has today
purchased 50,000 ordinary referred
shares at 22.5 pence per share.
Following this purchase, Wines is
interested in 61,231 ordinary shares
and 72,961 referred shares, which in
aggregate represents 0.23% of the
entire issued share capital of the
Company.

ICV Edited News from Dow Jones
1443 GMT Apr 16 2004





oldolie - 6 Apr'04 - 12:37 - 182 of 183 (Filtered) (idiot)

[addict] 07/4/2004 07:56

oldolie
Irrespective, the fact is,a fund has demonstrated good buying interest in a share which looks to be seriously underpriced.DYOR.

[oldolie] 06/4/2004 12:37

ignore maut too, aka ainsoph/KDC and 50 others, liar and cheat, ramper.

[maut too] 06/4/2004 12:13

CAS Universe Group : Holding in company
06-Apr-2004 12:12

Ennismore Fund Management has an
interest in 2,351,215 ordinary shares
and 2,710,268 referred ordinary shares
which in aggregate represents 8.6% of
the issued ordinary share capital of
the Company.

ICV Edited News from Dow Jones
1112 GMT Apr 06 2004

[maut too] 25/3/2004 09:03

ALWAYS SEEMS TO HOLD PROMISES THAT DO NOT QUITE DELIVER. aT LEAST THEY PAY GOOD DIVS AND THE MANAGEMENT HOLD LOTS OF SHARES ... oops .... maybe next tinme - very upbeat statement

[puku] 25/3/2004 09:01

damn bought in at 30p mark, like the potential but when will it turn into profits ? could take qutie a while.

[maut too] 23/3/2004 07:33

CAS Universe Group : Universe Group finals
23-Mar-2004 07:27

Universe Group
Yr to 31 Dec
()=Loss/Debit
Figs in #'000 and pence (p), unless
otherwise stated.
2003 2002

Turnover 42,129 34,487
Development costs
written off (3,183) -
Exceptionals (645) (238)
Development fding
amortisation (161) -
Pretax profit (2,730) 889
EPS (7.0p) 2.5p
EPS adjusted 3.0p 3.1p
Final dividend 1.17p 1.17p
Total dividend 1.71p

ICV Edited News from Dow Jones
0727 GMT Mar 23 2004

[1destiny1] 20/3/2004 15:28

is it worth a punt before the results?

[maut too] 16/3/2004 16:24

noted the dip and susequent move back up :-))