Univision Engineering Share Discussion Threads

[noirua] 31/12/2018 10:46

UVEL moves quickly on few trades as the old hands here know. MMs hold very little stock and go nearly immediately with the flow. MMs are defensive even in Univision terms with 100k trade real spread at 1.88p - 2.2p. Appears completely unacceptable but a series of 150K share buys would put them in difficulty.

[noirua] 26/12/2018 12:55

A golden cross has been formed with both the SM.A50 and SM.A100 pushing through the SM.A200. Zac Mir chart forecast is 4p from last August.

[noirua] 24/12/2018 12:15

HK$ remains strong against £sterling at about HK$9.91.

Happy Xmas:

[noirua] 21/12/2018 15:01

UNIVISION SEES FUTURE GROWTH OPPORTUNITIES AS INTERIM PROFIT INCREASES

[noirua] 20/12/2018 00:26

British Virgin Islands registration:

[noirua] 19/12/2018 16:26

Not very much trading this week so far. With much higher Annual profits set for six years at least and the future very bright indeed the market should wake up in time.

[noirua] 15/12/2018 12:41

Hi tim000, The progress at RRR has been a bit problematic though cash and share holdings should keep them going OK. Noting Bellzone called in liquidators due to cash problems and other small miners have similar difficulties. Looking at the Western Australian Wardens' courts, companies expect to take up tenancies for $50k or so when they were priced at millions before a miner went under. So maybe $60k for a DRC license 80% is the way to go.

UVEL should make very good profits in the year and are well set until 2023. Very much affected by low market trading on AIM. Not quoted in Hong Kong and only in London that does not seem to know much about upgrading of the railway sector in Hong Kong and in particular mainland China. Contracts with MTR are with a state owned railway and great certainty in the contracts being undertaken.

As a target UVEL has attracted interest from 4 China mainland companies. The two best companies Yi Sheng Technology Ltd ("Yi Sheng") 逸生185;技, a company under the control of Derun Group and Beijing Hang Tian ("Hang Tian") 北京!322;天正华(“the Parties”), dropped out after two others went to the court in Hong Kong to say their bid had priority over the other two: They then failed to complete, so maybe the other two will return.



Univision Engineering Limited was Incorporated in Hong Kong on 23rd November 1979. The company joined London's AIM market in November 2005. Univision is proud to be one of the oldest companies on AIM.

[tim000] 15/12/2018 12:02

Hello Noirua, I am a fellow shareholder in RRR but don't post there because there is no point until the company has something to shout about (like farming out its new cobalt licenses in DRC!). UVEL looks interesting and I've bought a few. Thanks for keeping this thread going. The dividend payout ratio last year seemed to be about 20%. Even only maintaining that percentage this year, and given the fall in £, we should see a dividend of circa 0.1p. Given cash on the balance sheet and no debt, and a secure long-term contract, UVEL looks very good value as a long-term hold.

[noirua] 14/12/2018 18:14

Note on former subsidiary Leader Smart Engineering (Shanghai) Limited.

Leader Smart Holding Limited is now noted as closed:

However Leader Smart Holdings Limited is still Live:

Leader Smart (Hong Kong) Limited:

Still all quiet on this one. An old Chinese proverb, most likely: Should it be the news is not forthcoming then the Chairman is sitting upon it.

[noirua] 13/12/2018 14:51

This is up to March 31 2018 and does not take into account 12 months receipts from MTR, just one in fact:


LAST UPDATED 2018/12/12 20:57


Should you buy Univision?


Results since the above:
07/12/2018 - Interim Results to September 30 2018:

[noirua] 11/12/2018 10:54

Nothing we can do if sellers arrive. However, we know Univision is set fair until 2023 profit wise and contract wise and only some blue chip companies can be that assured. That said, as soon as MTR release the company from bidding for future contracts there will be more opportunities to bid for more profitable contracts in a growing sector.

[saint in exile] 11/12/2018 06:06

Knowing this share it will drop a touch yet

[noirua] 10/12/2018 11:46

Seems to be shares available to buy at just 2.17p, as of posting - sell at 2.101p. Spread only 3.2%. Could be wrong though this appears an opportunity at a sullen moment in the market place.

[noirua] 09/12/2018 01:27

It is surprising that the 6 year £41 million contracts with state owned MTR seems to have not been noticed. Cash arriving is more than 180% up on the first six months in 2017 and over 260% growth in construction contracts. Profit attributable to the equity holders increased 391% to HK$10.6m (H1 2017: HK$2.1m); The profit attributable to the equity holders of the Company is GBP1m (2017: GBP213K).

[bozzy_s] 07/12/2018 10:31

Very good set of results. Even if they made £5m in H1 instead of £1m, there would still be short-term profit taking.

[saint in exile] 07/12/2018 09:23

Exactly...look at the amount of trades and bb posts.Completely off the radar!

[zangdook] 07/12/2018 09:07

These results need to be seen. I feel they're only being read by people who knew what was coming anyway.

[noirua] 07/12/2018 08:59

-- Profit attributable to the equity holders increased 391% to HK$10.6m (H1 2017: HK$2.1m);
The profit attributable to the equity holders of the Company is GBP1m (2017: GBP213K).


-- Revenue increased by 187% to HK$66.8m for continuing operations (H1 2017: HK$23.2m);
i) 264% growth in the income from construction contracts;
ii) Improved gross profit margin of 6% from maintenance contracts.

-- Positive cash generated from operations HK$6m (H1 2017: -HK$6.4m).

The increasing demand for wireless network infrastructure is the key growth driver for this market. The demand to replace analogue systems with Internet protocol based systems is also expected to boost the market.

The Board believes that winning the Major Contract from MTRC should allow UniVision to market its brand to purchasers of similar systems outside Hong Kong.
The Company intends to explore other market segments, such as rolling stock business on railways, to strengthen business growth in the Group.

The Company keeps moving forward in CCTV segment and gradually to safe city concept by introducing video based analytics to big data AI processing. At the same time, the Company still keeps an eye on overseas projects of similar size.

The high demand for its network and high definition security and surveillance system provides the Group with an excellent opportunity for future growth in these markets.

[zangdook] 07/12/2018 08:56

I don't think that's right, saint - look at the rise in anticipation over the last week. It's so lightly traded that it's always quite volatile. A few small top-slice profit-takes don't signify unhappiness.

[rk23] 07/12/2018 08:56

They never are.....

[saint in exile] 07/12/2018 08:50

Market not impressed though

[zangdook] 07/12/2018 08:35

...they know how to build a business too

[zangdook] 07/12/2018 08:16

They know how to build tension