Univision Engineering Share Discussion Threads

[noirua] 04/2/2015 09:59

The transformation of the header is about 89% complete and should be completed today. Much of the old information that is no longer relevant is gone but some current matters are yet to be added and a few items to be rearranged.

[noirua] 03/2/2015 09:20

Header now completed.

[noirua] 03/2/2015 00:04

Quite a long wait for a decision which appeared a bit complex as a deal but surprising that the Arbitration Commission has taken quite this long. It was said quite a long time ago that they had all information available and still no decision. Sometimes it beggers belief that an organisation such as the Guangzhou Arbitration Commission can sit on a case for so long.

[zangdook] 02/2/2015 14:09

I don't think that moron even realises UVEL is a Hong Kong company.

[the stigologist] 02/2/2015 12:11

Anthony Bolton : "The Chinese are great liars"

[the stigologist] 02/2/2015 12:10

StewJames 26 Jan'13 - 17:56 - 4176 of 4177 0 0

Joe, with the Chinese companies, there's the additional problem that the entire system within which they operate is hopelessly corrupt, and (from comments I've read by those with more than passing familiarity) that the business culture in China accepts as routine actions that would be considered deeply unethical here.

No shortage of dubious British AIM companies, I agree, but the problem is not so bad that you should just flat out avoid all of them. And yes, it is the UK regulators fault.

[the stigologist] 02/2/2015 12:10

hxxp://www.moneyweek.com/investment-advice/penny-shares/penny-sleuth-why-i-dont-buy-chinese-stocks-on-aim-60618

Why I don’t buy Chinese stocks on AIM

By Tom Bulford

Sep 18, 2012


Greg Rudd, the brother of the former Australian prime minister, once met a Chinese businessman who gave him some prudent advice.

"You tend to see the good in people, Mr Rudd", he started. "People like you. You laugh a lot. But you’ll never make money in China with that attitude. You’ll only be taken advantage of. People will trade off you. They won’t pay you. The number one rule of doing business in China is this; never trust a Chinaman. Why would you as a foreigner trust a Chinese businessman when we as Chinese don’t trust each other?"

Now that advice is pretty close to the bone. But I’ve said it before in Penny Sleuth – you have to be very careful when you invest in a Chinese company. The record of AIM-listed Chinese companies is simply awful. And with so many still coming to market, there is a real chance that many private investors will end up making some very expensive mistakes…

[noirua] 23/1/2015 16:13

Interim Results 2014.pdf

For the Six Months Ended 30 September 2014

The procedure of Proposed Demerger is being carried out. Should all regulatory and tax clearances be obtained further details of the management strategy and off-market dealing facilities in Leader Smart shares will be announced to the market. The Board will explore the possible trading platform for the listing of Leader Smart after the proposed distribution of shares.

Univision Engineering share news & regulatory announcements

[noirua] 23/1/2015 15:26

Yep, I remember Rudd a fluent Mandarin speaking Aussie PM who got mixed up in complicated party politics 'a party divided against itself cannot stand', he did acknowledge this after losing the next election.
Fair comment about Chinese based companies, noting Naibu at present - even Evil Knieval got that one wrong.
It is up to investors to decide if being based in Hong Kong is better than mainland China, most would say it is, as China still considers business transactions with Hong Kong as foreign.
Univision is a Hong Kong and Taiwan company with just the Zhongshan mall a mainland China asset. Agreed that it in itself makes the company's value far lower than it should be; The reason the UVEL board wants to hive it off as a separate company, Leader Smart, based in Hong Kong.

*About half Univision's announcements come around 4pm, so always need to be sharp around that time.*
UniVision Engineering Limited - News & Announcements

[zangdook] 23/1/2015 15:25

The contrarian indicator shows up. Fill your boots.

[the stigologist] 23/1/2015 15:04

hxxp://www.moneyweek.com/investment-advice/penny-shares/penny-sleuth-why-i-dont-buy-chinese-stocks-on-aim-60618

Why I don’t buy Chinese stocks on AIM

By Tom Bulford

Sep 18, 2012


Greg Rudd, the brother of the former Australian prime minister, once met a Chinese businessman who gave him some prudent advice.

"You tend to see the good in people, Mr Rudd", he started. "People like you. You laugh a lot. But you’ll never make money in China with that attitude. You’ll only be taken advantage of. People will trade off you. They won’t pay you. The number one rule of doing business in China is this; never trust a Chinaman. Why would you as a foreigner trust a Chinese businessman when we as Chinese don’t trust each other?"

Now that advice is pretty close to the bone. But I’ve said it before in Penny Sleuth – you have to be very careful when you invest in a Chinese company. The record of AIM-listed Chinese companies is simply awful. And with so many still coming to market, there is a real chance that many private investors will end up making some very expensive mistakes…

[noirua] 23/1/2015 11:42

Some times off-market dealing does result in a buyer sitting there taking up stock. So the opportunity is there to buy the Zhongshan mall, via purchase of Leader Smart Hong Kong Holding Limited LSH, at a discount to the true market value of the asset.
IF Hua Xin want 100% of the mall, subject a favourable decision by The Arbitration Commission, then those who are patient may well do better by doing that, being patient that is. I expect a share price for LSH in the range 1.5p - 2.5p early on.
LSH would be a Hong Kong Limited Holding company under SAR law.

At a UVEL purchase price of 1p you have Univision in Hong Kong and Taiwan plus Leader Smart worth asset value at £13.5m ( 3.5p a share ), at present exchange rates.
We can see why our Chairman holds 72.9% of the company. If I had the cash available I would buy loads more shares 'before the penny drops'.

[bernieboy] 23/1/2015 11:42

Hmmmm. I still hold but feel a bit uneasy about holding shares in LS as an unlisted company......let's see what transpires!

[noirua] 23/1/2015 11:30

Increased holding very slightly to 5,118,685 shares (1.334% - 4.857% of shares not held by directors).

As the spin-off proposal is at an early stage, the Company is still exploring its viability, there can be no certainty that the Proposed Demerger will go ahead . Should all regulatory and tax clearances be obtained further details of the management, strategy and off -market dealing facilities in Leader Smart shares will be announced to the shareholders.
Demerger of Leader Smart Engineering Limited- 2 Dec 2014.pdf

[bernieboy] 23/1/2015 11:14

Yesterday's sells mopped up nicely today...

[zangdook] 23/1/2015 05:28

That's what they seem to be planning, and unless it's simply a manoeuvre leading to someone buying up LS then it is a bit worrying to me. But WDIK.

[bernieboy] 22/1/2015 20:04

Noirua - aren't any shares that we would get in leader smart going to be unquoted? Doesn't that worry you somewhat or have I misunderstood something?

[noirua] 21/1/2015 10:10

lazygun et al, every share is a bit of a gamble and Hong Kong and Zhongshan are far away, apart from that I see no real risk here; at 1p a share to buy that is, everything has its price.
Great patience is needed but 2015 should solve all this. The Arbitration decision is long delayed but a decision is due at anytime. Does not relate directly to Univision but is holding up the mall sale to a Hua Xin subsidiary. Leader Smart Shanghai Limited, a 100% owned subsidiary of Univision, owns 51% of the Zhongshan mall valued at £13.5m at present exchange rates.
If all goes well then Univision shareholders will receive shares in Leader Smart. Present asset value £13.5m although the mall 51% has a probable valuation in the £15m to £16m range.

[lazygun] 20/1/2015 11:28

interesting one.
taken a bit of a gamble here

l.

[noirua] 18/1/2015 10:57

Zhao Ziyang - Wikipedia, the free encyclopedia


10 years on, state eyes mourners of Zhao Ziyang - The China Post


BBC News - Mourners mark China leader Zhao Ziyang's death anniversary

[noirua] 15/1/2015 21:09

Why would the company's Chairman purchase shares at 1p? Because this price is just £3.7m for the shopping mall plus Univision in Hong Kong and Taiwan. Leader Smart (Zhongshan Mall) is worth £13.5m at present exchange rates which shows how cheap UVEL shares are. The strength of the HK$ against sterling adds to the attractiveness.

[noirua] 14/1/2015 12:03

Increased holding in Univision UVEL to 5 million shares ( 1.3%, or 4.75% of shares traded that are not in directors hands), got there at last - 300k trade at 0.9333p fill or kill.

[noirua] 13/1/2015 08:24

China Trade Data Show Resilience -- Update


Wanting 0.95p to buy UVEL at present. If you feel like selling please go ahead as I'm waiting for a lower price, thanks.