Univision Engineering Share Discussion Threads

[dave4545] 14/12/2021 18:27

ps noticed a nice dividend the other day, not fortunes but still nice to get one.

[dave4545] 14/12/2021 18:19

Well until you admitted buying those trades it was easy

The protected buyer tells a mm to sit on 0.9p bid and buy as many as they can and they pay 1p for them so the mm will bid a premium or maybe go 0.95p to get more

But if it's 0.93p to buy as well then why are they paying 1p for 500k when they can get them much cheaper

I always though Sinocloud would be better buying a stake around 1p than trying to buy the company for 4p

[noirua] 14/12/2021 17:54

Hi dave4545, trades 1 and 2 are both my trades today - both buys. After checking the trades over the last 2 months I bought the 2nd trade of the day. I did not try to buy or do any dummy trades after that so it's not possible to enlighten you further.

There would not have been a protected buyer at 1p because if there had been the buy would have been much earlier. More likely someone on or following the CR thread.

Who are protected buyers? They are buyers, who, during the term of the listing: (1) submitted a written offer to purchase the protected property; (2) negotiated directly with the seller; (3) attended an individual showing; or (4) “negotiated221; with a broker.

[dave4545] 14/12/2021 17:47

Weird that Noirua because there is a protected buyer in Uvel which is rare and it was 0.93p bid online

And whatever is sold the mm's sell to their buyer for 1p which was 500k today

I'm not saying you are lying, I'll check the limits first thing

[noirua] 14/12/2021 11:20

I've just bought 200,000 shares at 0.93p. Just to show a little support.

[zangdook] 14/12/2021 10:46

I think I've been around since maybe 2010. You can find records of old share prices in various places. If you fiddle around with the charts on the Hargreaves Lansdown site you can go back 15 years, that's how I looked it up.

[noirua] 13/12/2021 17:23

Hi Belfry17, Hopefully the Half Year results will prove better for shareholders. The company would be trading very well but the coronavirus rules are rightly strict in Hong Kong and I've no doubt China is watching the situation very carefully with traffic passing back and forth across the Zhuhai - Macau Bridge.

On the 0.25p. My history here only started in 2012 and some, like zangdook, were here long before me. They therefore understand more than I do. Good Luck everyone anyway.

[knigel] 13/12/2021 13:12

12 years ago! I guess if we go that far back then the majority of company shares would have a low point far below their current share price - a high point too. I think UVEL reached 4-5p at some point in the past so it depends on how you look at these statistics.

[zangdook] 13/12/2021 12:10

March-April 2009. Intraday low seems to have been 0.15

[belfry17] 13/12/2021 10:53

I was going on the all time low on trading view and that is where I got my figure so .25p must have been some time ago? Anyway, the price is where it is due to what we know, so I don't know why Noura (typing from memory) is so negative about things.

[knigel] 13/12/2021 09:22

When did 0.25p happen because I have been in and out of UVEL for years and can’t remember it so low?

[noirua] 12/12/2021 14:16

Dimensions Data Hong Kong China Limited still has a legal claim against Univision of HK$10.95m plus costs. UVEL have counterclaimed.

[xasy] 12/12/2021 13:30

Simply Wall Street is a bot ffs. It uses no data but the dividend to calculate "fair value". Only a moron would pay attention to that.

[noirua] 12/12/2021 12:58

The all-time low of Univision is 0.25p. There may be a few around who bought close to this price.
The half year results in the last 5 years were out between 7 December and 27 December.

It will be interesting to see if bringing in a Chinese company to run the greater part of the business rather than multiple companies has borne fruit or not - quite crucial. UVEL have been known to not always RNS information many companies do regularly so just maybe there is more to let shareholder's know about.

The US Dollar has strengthened and the HK$ is tied to it. That should show a profits plus in sterling terms.

So overall it depends if Chairman Stephen Koo has managed to batten down costs enough to improve profitability. The market is negative on that point with the present long term debts - we shall see.
Company Website:
Simply Wall Street's latest Assessment of Univision Engineering Limited


I keep my own valuation of UVEL at 0.75p...0.725p-0.775p. SimplyWallStreet says 0.38p.

I'm wondering what plans Mr Koo has for the debt structure? Will he finally sell his majority interest after failing two times - maybe it was three?

My personal view is and was that it was an error to hive off Leader Smart and say it would seek a market quote and sale of the Zhongshan shopping mall. Now the question marks are higher than Hong Kong's International Commerce centre for me. Maybe just maybe Chairman Stephen Sin Mo Koo will knock down the question marks and reveal all??????????

Dare I say it? Well, the AIM market quote may be proving to be a hindrance. No cash has been raised and the share price on AIM makes it difficult for Chairman Koo to unload his majority stake. Hong Kong rules and law apply not UK.

[belfry17] 10/12/2021 09:08

Like most, I am expecting a sharp rise at some point, whether it is another offer or a large extension/ addition to their major contract. The good news is that there is a good history to the co, it has a strong balance sheet, makes profits, pays a dividend and is near its all time low.

[knigel] 10/12/2021 08:13

Just hoping the share prices stays at and then above 1p going forward - could do with a trading update soon - we just don’t get enough news flow with this company imho

[noirua] 19/10/2021 14:56

Noirua - 22 Sep 2021 - 14:04:59 - 1093 of 1099 UniVision Engineering Limited -- Information Thread - UVEL
Due to the short-term loan structure, the failure of SinoCloud to complete, the reduction in the dividend, the ongoing lack of announcements over Leader Smart Holdings. I've reduced my price for UVEL from 0.85p to 0.75p.
-
I can't see any change since September in Univision. The negatives have been brought on themselves and can be solved. Two with no real difficulty and the other with just a bit more.

More recently in June was the walking away by Sinocloud from a deal. Popular views see the main reasons as the debt factor, profitability of current contracts and the position of Hong Kong itself as a complex equation with no end.

Second are the longer term debts principally tied up on current contracts and to Chairman Stephen Sin Mo Koo himself.

Third is the old chestnut Leader Smart Holdings with large question marks getting ever bigger and a reluctance of the directors of Leader Smart to come clean on the Arbitration in Guangzhou. What is going on? Not part of Univision but it is a sceptic sore to be looked upon.
----

Honesty is one thing not in doubt. But delay and not coming clean on everything is another. If a company hides away information as in the case of LSH it does effect companies not directly associated if they have the same directors.

[noirua] 05/10/2021 12:30

Leader Smart Holdings Limited - Header being further updated. Delayed due to translation difficulties.

Lack of information from Leader Smart Holdings Limited should be considered as serious due to the time delay. This of course only concerns directly those holding such shares from May/ June 2015.
Director of Leader Smart Holdings Limited - Chan 'Ivan Chan' Chi Hung:
www.proactiveinvestors.co.uk/LON:UVEL/UniVision-/rns/831018
Ivan Chan does not have any direct and indirect interest in the issued share capital of the Company.
Chairman is Mr Stephen Sin Mo Koo also Chairman of Univision Engineering Limited.

[noirua] 22/9/2021 15:29

That trade at 0.95p at below the 1p bid shows the MMs do not want stock. Should UVEL get more profitable nongovernment contracts the ball game changes? Maybe they will bring LSH back into the fold though the property sector is bad news at the moment.

[belfry17] 22/9/2021 15:06

Either that or you just dumped your last holding at 0.95p ;-)

[noirua] 22/9/2021 14:52

Hi meathed, I sold out at 2.68p on average in March.

[meathed] 22/9/2021 14:33

That's a good price. How many are you selling?

[noirua] 22/9/2021 14:04

Due to the short-term loan structure, the failure of SinoCloud to complete, the reduction in the dividend, the ongoing lack of announcements over Leader Smart Holdings. I've reduced my price for UVEL from 0.85p to 0.75p.

[meathed] 08/9/2021 02:16

Those are just figures extracted from the results and rounded. It doesn't add any value when we have the detailed figures from the company itself.


Current liabilities
Trade and other payables 5,179,172
Contract liabilities 1,572,245
Bank borrowings 561,535
Lease liabilities 42,959
---------- ----------

Total current liabilities 7,355,911
---------- ----------

Non-current liabilities
Amount due to a related company 393,074
Lease liabilities 21,924
---------- ----------

Total non-current liabilities 414,998
---------- ----------

Total liabilities 7,770,909
---------- ----------

Loans to and from management are covered in note 30.