Univision Engineering Share Discussion Threads

[dave4545] 30/12/2021 09:18

I took the hit £5k

we move on

[knigel] 30/12/2021 09:17

Results out - obviously the markets are not reactionary well to the profits warning - will read though the figures later :-(

[terminator101] 30/12/2021 09:17

Looks grim here..... "Since the key network equipment for the contract has now changed, the Company is required to purchase a large amount of new equipment from a separate supplier. Cash resources are required to purchase the new equipment, it also requires time and manpower to check with MTRC for matching, replacement and compatibility with the existing equipment."

[noirua] 23/12/2021 14:35

Matters look to have changed:

[zangdook] 23/12/2021 13:43

Housing in Hong Kong is the most expensive in the world.





"For the 11th year in a row, Hong Kong tops the list as the least affordable city in terms of housing prices."

[knigel] 23/12/2021 13:40

Depends if food and housing costs are lower too - it’s all relative

[zangdook] 23/12/2021 12:09

You have to have a year's experience and be trilingual (via Google Translate):

Responsibilities:-

-Handle site documents and reports, follow up the progress of the renovation project, and assist the designer in completing the project

-Assist responsible for site supervision, handle daily site management matters, supervise project construction procedures, safety measures, and worker arrangements to ensure progress and quality

-Be punctual and obey the boss's prompts

-Supervision Engineering

-Follow up the progress of the project

condition:-

-Form 5

-1 year or above experience

-Good handling of Word, Excel word processing

-Good communication skills, including Cantonese, English and Mandarin

-Good command of written Chinese and English

-Priority is given to those who can go to work immediately

All that for £267 a month.

[zangdook] 23/12/2021 12:07

These aren't training schemes, Dave. Experience is required for all these jobs, even the $2800 supervisor.

[dave4545] 23/12/2021 12:03

Hong Kong YTS Scheme

I used to do 36 hours a week for £27 wages when I was 16-18

[zangdook] 23/12/2021 11:53

The site supervisor only gets HK$2800 a month. That's less than £10 a day. I have to assume this is normal, but Hong Kong is not a cheap place to live. £10 a day might pay for your fares to work and basic food but you'd still be living with Mum and Dad and not much hope of a social life.

[zangdook] 23/12/2021 11:50

2 years experience and you only get £500 a month. You probably can't even rent a room in Hong Kong for that.

[noirua] 23/12/2021 11:48

Job Opportunities:

WallMine:
Probably not updated very recently.

[zangdook] 21/12/2021 14:53

Funny, none of those three links mentions Univision, although they list a lot of other companies he resigned from or is currently still at.

[noirua] 21/12/2021 14:22

Nicholas James LYTH -- UK Registered Companies


Current UK Companies:



It does look, maybe wrong, that Mr Lyth has found the coronavirus restrictions too difficult to carry out his work with Univision effectively.

Nicholas Lyth biography
Nicholas James Lyth has been appointed as Non-Executive Independent Director of UniVision Engineering Ltd., with effect from October 17, 2011. Mr. Lyth is a qualified chartered management accountant and has over 12 years experience as a finance professional, having spent a number of years as director of UK companies. Nicholas is currently Non Executive Chairman of Taihua plc, an AIM quoted manufacturer of pharmaceuticals, based in China. He is responsible for day to day liaison with UK investors.

[ I can't remember much liaising going on with UK investors during his time at Univision. Some here at ADVFN could liaise a good deal better ]

[noirua] 20/12/2021 17:14

Cooperation Framework Agreement - - January 2020

Under this Agreement, UniVision and the CREHK-CRWE Joint Venture will look to build upon on their recent experience working together to look to co-operate on other projects relating to smart cities, investment and finance, product and services, sales and distribution and work in overseas markets. Each company will regard the other party as its first choice cooperation partner in these areas.

November 2019 - - Appointment of Major Contractor

China Railway Wuhan Electrification Engineering Group Limited (“CRWE”) and there agreement with China Railway Engineering (Hong Kong) Limited (“CREHK”) are subsidiaries of China Railway Group Ltd (“CRG”). CRG, listed in both Shanghai and Hong Kong, is one of the largest construction companies in the world and employs more than 250,000 employees. CRWE, via the CREHK-CRWE Joint Venture, will be able to devote significant manpower, finance and other resources to help the Group meet its existing contractual obligations in a more efficient and cost-effective manner.

[Maybe this interested party could have been a reason Sinocloud discontinued its interest in Univision due to the cooperation parties agreement. Should China Railway be looking to take an interest in Univision they would want to appoint directors to the board of Univision. This would finalise the move Chairman Stephen Koo always wanted in a move into China.]

[meathed] 20/12/2021 16:32

Nick Lyth has gone. The only other company I know he was involved with was TAIH which simply disappeared as far as anyone can tell, so I'm not sure he's a great loss. If he'd made a fuss like the UK directors of NBU did I'd have been more impressed.

Of course UVEL is completely different, I don't mean to suggest otherwise, and perhaps he did make some sort of contribution as the RNS says.

[noirua] 20/12/2021 11:25

At 0.85p the Univision share price is back to the price it was in April 2017. Although the spread then was 0.80p - 0.90p. There then followed a runup peaking at over 5p.

[dave4545] 20/12/2021 09:05

What are these mm up to

We've gone from 0.9-1p to 0.7-1.1p on no trades

Online is 0.78-0.9p

[noirua] 16/12/2021 16:41

HKFP:

Covid-19 Pandemic - -

[dave4545] 15/12/2021 19:36

Please tell me the UK mm's did not shake this down from 0.9p bid to 0.7p bid because of that news in HK ?

[noirua] 15/12/2021 19:00

Hundreds rescued after fire breaks out in Hong Kong high-rise
At least 13 injured as dozens are evacuated from rooftop of Hong Kong’s World Trade Centre in busy shopping district.
15 December 2021

[noirua] 15/12/2021 18:46

All the MMs share offers to buyin suddenly disappeared on Level 2. Though I wasn't following my brokers information quite seriously enough to see if it was a concerted action or not at the time.

[dave4545] 15/12/2021 16:40

Unless there is a sale to show that is one of the biggest shakes I have ever seen in 20 years of internet trading

[dave4545] 15/12/2021 15:25

wow they are shaking it as well now

Saying that you can buy at 0.924p

[dave4545] 15/12/2021 14:41

My little top ups at 0.95p so the 0.93p has gone.

plus there was no quote for 500k or 375k, so only 250k or left