Universe Share Discussion Threads

[pj 1] 15/4/2016 12:40

I have added a few today, looking for them to beat 2017 estimates. (didn't see the presentation!)will review at 13.5p

[cockerhoop] 15/4/2016 11:58

Looks like the round of presentations in the city went pretty well, overturning the strange (imo) reaction on the morning of results.

[thorne3] 12/4/2016 14:02

I would agree with you Spud; the company has now established an operationally and financially strong position from which future growth can be achieved.The terms of the recently negotiated share options would seem to indicate that they are expecting something more than modest growth over the next few years.

[cockerhoop] 12/4/2016 12:59

Thanks for the note David, I hope the presentation goes well tomorrow. Any snippets gratefully received :-)

Edit I really should have come down :-(.

[spud] 12/4/2016 10:52

666 - Looks as if they are keeping their powder dry for shoe-in acquisitions.

spud

[lanzarote666] 12/4/2016 10:42

Not a dividend payer but generating plenty of cash.

What are they going to do with all the reddies?

[davidosh] 12/4/2016 10:12

FinnCap notes

Universe Group: Prelims – improved margins drive outperformance (CORP)
Strong results are ahead of January’s year-end trading update and our forecasts. Despite a marginal reduction in revenue, an improved gross margin and reduced normalised operating costs have resulted in 12% EBITDA growth y/y and a 7% outperforming of our forecasts. In FY16, we expect Universe to maintain this improved EBITDA margin and also to benefit from strong revenue visibility in relation to scheduled rollouts, most significantly in relation to the key contract signed with Conviviality plc in 2015. As a result, we upgrade our FY16 EBITDA expectation by 8% and raise our target price to 13p, suggesting 32% upside. We also introduce FY17 forecasts, anticipating modest revenue and EBITDA growth of 4% and 7% respectively, leaving clear scope for outperformance.

[cockerhoop] 12/4/2016 09:16

FinnCap have upgraded expectations for FY2016 and raised the target price from 12p to 13p.

[cockerhoop] 12/4/2016 08:34

Shanklin :-)

I agree they should put an adjusted EPS in the report, as many investors won't go further than looking at the PE.

[cockerhoop] 12/4/2016 08:34

Agree Spud, the reported EPS figure is not representative, for example it's been reduced by the additional contingent consideration paid for Indigo.

With plenty of cash, acquisitions look possible this year and also they alluded to 'Major New Customers'. Bearing in mind UNG generally only report contracts once they're already rolling them out, the tendering may be more advanced than conservatively stated?

[spud] 12/4/2016 08:21

Just taken 112638 - Great value imo.

spud

[cockerhoop] 12/4/2016 08:10

Unless of course you look at the EV/EBITDA of under 6, excellent cash gereration, increased margins, positive outlook and a Stockrank of 90!

[shanklin] 12/4/2016 08:07

Well, I had thought I had made a mistake selling just before a 7% rise on 01-Apr-16, but at least today's results are not overly inspiring.

[davidosh] 01/4/2016 16:41

Sorry no plans to record that one but Universe may be appearing at Mello in May or June and those are generally filmed.

[rivaldo] 01/4/2016 13:50

Another 125k just bought at 9.08p - looking strong in the results run-up.

Well done for organising davidosh, I'd have come but am out for most of the afternoon and evening already that day so it's difficult. Perhaps it'll be filmed/recorded?

[davidosh] 31/3/2016 16:57

The results are on the 12th April so not long now. I have a results presentation scheduled for Thursday 14th at 1.30pm for 1.5 hours if a couple of you would like to join my mello group to meet the directors ? Just email me via the mellomeeting.co.uk website

[red army] 31/3/2016 08:41

Only £25k though

[spud] 31/3/2016 08:06

263k bought yesterday pm - Someone's keen prior to results..

spud

[spud] 23/3/2016 14:17

The real test is 10p resistance though. If it can break that, then we are in a good place.

spud

[rivaldo] 23/3/2016 11:58

Still climbing slowly, with a 75k buy just in at 9.1p.

[spud] 15/3/2016 16:04

If it is, then it'll be a very quick scamper to 10p.

Here's hoping!

spud

[rivaldo] 15/3/2016 14:44

Nice to se a 74k buy at 9p yesterday, along with a 99k buy at 8.86p, leading to a small uptick.

And online I can only buy a maximum 15k at the full 9p, whilst I can sell 100,000 at a premium at 8.4p.

Is the overhang finally cleared?

[davidosh] 07/3/2016 03:01

With the final results out next month and a Mello appearance to follow there should be a much better awareness of the company.