Up Global Sourcing Share Discussion Threads

[john09] 01/10/2017 15:53

Have a look at B&M website and you can do a simple search on number of UP products for sale online and throughout their stores

99 Beldray
83 Russell Hobbs
38 Intempo

[gods1] 01/10/2017 15:17

Hi John09 & Muzmanoz,

I'm new to this board but I'm on the lse board - similar name 'gods'. The post you are referring to I have seen, and I went so far as to reply to it, and to send an email (and call) investor relations at UPGS. I can tell you the post and entire thread was removed. I made UPGS aware of the post, which may have caused the removal. The person who posted the rumour was new to the lse board, and the information shared appeared to be 'inside information'. Investor relations did reply to my emails - see below:

Any disclosure of market sensitive information would be made promptly by the company via the RNS and no such disclosure has been made. Any rumours or speculation that you see should therefore be seen within this context.

Hope this helps. So you know I sold out of the company a week ago, but looking to get back in - hence reading the boards. Good luck with this one - I'm still in two minds as to re-invest.

[john09] 01/10/2017 14:13

Also note in the article that broker Peel Hunt also expect a European acquisition for B&M

[john09] 01/10/2017 14:10

Thanks Muzmanoz

I hadn't read that supply in a landed basis carried higher margins but that makes sense given you'd assume a cheaper price available to customers if they paid earlier in the supply chain.

Indeed Action and B&M expanding at quite some rate. B&M acquired 251 Heron Food stores in August which hasn't been mentioned . B&M in an article in The Telegraph last month I read planned to go from 543 to 950 stores in the U.K. and go up from only 93 stores in Germany . Is it 22% of revenue currently from B&M ? If so basically double the revenue crudely if B&M are doubling their footprint

[kirk 6] 01/10/2017 14:04

Going to be fun tomorrow! Looking forward to seeing these back over £1

[muzmanoz] 01/10/2017 08:59

John09 I like your analysis.

Good that the discounters are still expanding. An article I read in a retail journal from June says that Action has 150 stores in Germany which should be increased to 180 by the end of the year. The chain opened 197 new stores in 2016, in Austria, Belgium, France, Germany, Luxembourg and the Netherlands. From past company info, B&M and Action are Up's biggest customers. Looks promising.

Good that the warehouse at Heron Mill is now ready if they are increasingly supplying goods on a landed basis and online. I seem to remember reading (maybe from the prospectus) that supply on a landed basis carried a higher margin.

The article in SCSW didn't tell us anything we didn't already know. I wonder whether they met the directors before the trading update.

Also, the trading update and SCSW say there are 4 "pillars to growth"
European discounters 65% growth
UK Supermarkets 95%
Online sales 64%
International ?? (sales into Netherlands and France have been strong)

But overall growth is only 39%. Anyone any ideas as to why overall growth is low compared to the "pillars" The only thing I could come up with is either international sales have fallen or that they have provided private branded goods and that these sales have reduced or been cannibalised by own branded sales but I have nothing to back that up.

I'm a holder and think that the share price is now undervalued given forecasts, discounters continuing expansion, Heron Mill, scope for growth of brands. Hopefully the share price will start increasing now although we might need more news/sight of the final results in November. DYOR

[john09] 30/9/2017 21:38

I'll have whatever you're smoking I think lol

[kirk 6] 30/9/2017 21:15

John well let's see I'm sure there be some positive movement Monday. Should consolidate in the region of £1.30-£1.50 next week but agreed no major spike to £3-£6! We will be waiting at least 12 months for that

[john09] 30/9/2017 20:31

Haha I'm still not sure there's a spike coming just yet. But I think in a year we will be back at £2 plus all things being well

[ianio5691] 30/9/2017 20:20

Ishaggs filtered.
£1.50 at some stage next week...
GLA :-)

[kirk 6] 30/9/2017 20:02

Wow 11Jobs advertised Ishag will be a fried short on Monday when these potentially hit £1.25 on the spike upwards

[john09] 30/9/2017 19:45

hxxp://www.upgs.com/apply/

11 jobs been advertised yesterday. Doesn't look like a company that's resting on its laurels

[john09] 30/9/2017 19:38

Block the loser

[middlesboroughfc] 30/9/2017 19:36

yesh ishaggy registered today, looks very despo to get in first thing monday 8.00am

[john09] 30/9/2017 19:35

Ishaggs. First ever posts on advfn . All on UPGS. All talking it down lol. Someone is DESPERATE to buy, I've blocked him

[ishaggs] 30/9/2017 19:34

Rule of thumb

always buy at -80% to IPO price, especially UK IPO. There are too many mugs in UK chasing false gold.

[ishaggs] 30/9/2017 19:27

I had a heavy night till 6.00AM. Can't be bothered with the lunatics today.

But rest assured there will be no rebellion.


why does this was warrant a high PE? I am saying closer to 4 or even 3.

I do not need some third rated outfit to tell me otherwise.

[ishaggs] 30/9/2017 19:09

Yes this is another chimp we battered on JQW from 70p to 1p and 0p.

Is this where all chimp third rated rampers are based now?



nw9930 Sep '17 - 18:08 - 589 of 597 0 0
Not bothered with your assumption each to his own

[kirk 6] 30/9/2017 19:07

Bankrupt yes that's why I'm here posting for no reason hahaFair value here around £3 a share. Yes will take time to get there but expecting a long overdue rally here after the article.Next weeks first target £1.25

[ishaggs] 30/9/2017 19:05

shore Capital third rated little outfit.

If they say 100p for example, think closer to 20p

[ishaggs] 30/9/2017 19:04

K6


Mug shorters who bankrupted you on ami then MATD 2 weeks ago. OK.


Good luck

[kirk 6] 30/9/2017 18:55

Nw yes likely! Monday will be a a lot of fun that's for sure though. Should see above £1 at a minimum and hopefully by results speciation will have pushed this back towards £2