Univision Engineering Share Discussion Threads

[noirua] 13/11/2017 14:51

Share price looks extremely cheap at 1.375p and you can buy under this at 1.34p. Orders taken this year are about £41 million. Over the next 6 years UVEL have £6.7m in orders per annum.

[noirua] 10/11/2017 11:08

Always known for widespread bid-offers are the MMs - out to 40%. Real spread is 1.25p - 1.35p at 7.5%: One of the closest for some time.

Half year report is due just before Xmas. The outcome of the sale of Chairman Stephen Koo's 51% of Univision stock is very much his own business. However, the move into mainland China does appear to need a closing of this transaction.

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5th September 2016
Further to the announcement on 23 February 2016 regarding the sale of ordinary shares in the Company ("Sale and Purchase Agreement") , by Mr Stephen Koo, the Chairman of the Company, to Yi Sheng Technology Ltd ("Yi Sheng") , a company under the control of Derun Group and to Beijing Hang Tian ("Hang Tian") ("the Parties"), the Company announces today that the Parties have signed a Memorandum of Understanding ("MOU") agreeing to the termination of the Sale and Purchase Agreement, with effect from today due to the issue of time frame for the share transaction. Under the MOU, all parties have agreed to terminate the Sale and Purchase Agreement that was signed on 14 Jan 2016 without any pursuit of compensation or damages.

[ Maybe going with Yi Sheng Technology and Beijing Hang Tian would have been better]

8th September 2016
Under the MOU, Stephen Koo has agreed to sell UniVision Ordinary Shares ("Ordinary Shares") equating to 41 per cent of UniVision for 32.8m RMB to Hai Li.
It is intended that the consideration will be fully paid by Hai Li within 12 months from the MOU having been signed.
In addition, Stephen Koo has entered into another Sale and Purchase Agreement with Mr Xin Hai, the legal representative of Hai Li, on 6 September 2016, agreeing to sell a further 10 per cent shareholding in UniVision for 8m RMB.
The payment will be completed within 12 months after the agreement has been signed.


[ It does seem that Hai Li and Mr Xin Hai have failed to honour completion within 12 months. It seems reasonable to wonder whether they are short of cash and that would indeed be concerning if it is the case. Also it seems fair to conclude that the share price of Univision has been damaged by this failure. ]

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In March 2017 Univision gained the following two contracts:

[wi1l] 07/11/2017 11:53

One day I suppose there will be an update on the share disposal, should have happened at the end of Sept but no news suggests its still in the air. There seems to be little interest in buying or selling whilst that is ongoing.

[noirua] 02/11/2017 15:39

Market Ambitions
25 May 2017

[noirua] 01/11/2017 16:42

UVEL ended back where it started. Not a punters friend because the MMs operate a wide spread - an unacceptable face of AIM. One to hold as contract work is strong until 2023.

[wi1l] 01/11/2017 15:26

Spreads pretty hopeless 1.25 - 2.00 means no one wants to buy OR sell!!

[noirua] 01/11/2017 13:48

General chart targets are shown as 2p, 2.5p, 3p and 4.25p.

[noirua] 01/11/2017 12:34

MMs appear to be deliberately going short of stock. Looking back though they had been buying in from 1.25p to 1.65p so maybe they are wanting to hold zero and see where the market takes Univision.

Annual gross profits could be about half this morning market cap, at 1.375p = £5.50 million m/c, in a full year of MTR work going on until 2023. Making a forward PE of about 2, including other non-MTR work.

[tidy 2] 01/11/2017 12:21

UVEL RNS another £1m contract thats £39m worth of contracts and mcap £6m

[tidy 2] 01/11/2017 12:20

So the cap here is about 7 bags below contract values ...!?!?

[noirua] 01/11/2017 12:14

Total contracts gained this year alone run at about 10 to 12 times the normal expected contracts gained by Univision Engineering Limited. Growth in mainland China can be expected to vastly exceed these figures. It may seem a high expectation though 6p to 8p could be an eventual fair valuation for the company.
Hopefully UVEL will consider buying back Leader Smart Engineering to accelerate growth further in the building sector. This move could make 8p a share look an undervaluation.

[wi1l] 01/11/2017 11:50

In for some more-glad its going in the right direction. A bit of buying will push the price up, it doesn't take much these days.

[noirua] 01/11/2017 11:47

A further addition to the MTR contract does show the confidence that company has in Univision Engineering Limited. Expansion into mainland China points to continued growth for very many years to come.

[noirua] 01/11/2017 11:16

UniVision, the Hong Kong based group whose principal activities are the supply, design, installation and maintenance of closed circuit television (CCTV) and surveillance systems, and the sale of security related products, is delighted to announce that further additional works have been confirmed by MTR Corporation Limited in Hong Kong ("MTR Corporation") under the contract for the replacement and provision of the CCTV systems for 84 MTR stations and 69 stops of Light Rail ("the Contract") following the award of the Contract announced on 12 May 2017.

The additional works are for the integration with the Station CCTV System in the Hung Hom to Admiralty Section of the Shatin to Central Link project, and are part of the optional works as allowed under the Contract.

The value of the additional works is HK$10.9m (GBP1.05m) and has not been included in the original contract sum of HK$389.4m (GBP38.1m) announced on 12 May 2017.

The total value of the Contract, including all the additional works (amounting to HK$17.9m) confirmed by MTR Corporation since May 2017, is therefore HK$407.3m (GBP39.85m). As previously announced, the Contract is ongoing and is due for completion in November 2023.

[noirua] 31/10/2017 12:34

Added some more shares at 1.38p this morning. At the middle price of only 1.375p the market cap is just £5.27 million.
The new big contract is valued at approximately £39 million.
UVEL have been sold down in very light trading from the highest buy at 5.8p in May 2017.
The next half year report to September 30th 2017 is due out in December - 15th December in 2016.


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Uncertainty is the conclusion of the sale of 51% of Univision shares by Chairman Stephen Koo.

[finkwot] 18/10/2017 17:57

That's a relief. I haven't come across SPARK before.

[noirua] 18/10/2017 17:25

Director share sale links:

20th October 2016 -

20th September 2016 -

5th September 2016 -

[noirua] 18/10/2017 16:51

Further to the Exchange's announcement of 10 October 2017 and the Company's announcement of 11 October 2017 regarding the pending removal of ZAI Corporate Finance Limited from the register of nominated advisers, the Company has appointed SPARK Advisory Partners Limited as its nominated adviser.
Given the particular circumstances, the Exchange has agreed that SPARK Advisory Partners Limited has until 5pm 19 December 2017 to finalise its due diligence and provide all relevant nominated adviser confirmations to the Exchange.

Spark Advisory Partners
Independent mid-market Corporate Finance Advisors

[wi1l] 18/10/2017 10:51

Shares suspended from 7am tomorrow if a nomad isn't found in the meantime. They are cutting it a bit fine but there are others in the same position. Still no news on the disposal (if there was one) of the shares, wonder what the holdup is on that too. Suspension beckons.......

[zangdook] 11/10/2017 13:56

It seems a bit mean to give companies only just over a week to find a new NOMAD. Presumably it's straightforward and won't be a problem but I'll be well peed off if we end up being cancelled, I've got mine in an ISA and they have to stay listed for that.

[noirua] 11/10/2017 11:05

Chairman Stephen Koo has always been 'on the ball' as far as AIM rules are concerned.

[wi1l] 11/10/2017 11:02

This isn't looking too good. Someones bailing out asap. The co has issued an RNS about the nomad but not updated us about the position regarding the sale of the shares.

[wi1l] 10/10/2017 10:04

Though someones building a position (albeit gradually)!

[wi1l] 10/10/2017 10:03

Still no news which one can only interpret as sale of shares not completed.