Up Global Sourcing Share Discussion Threads

[topvest] 15/11/2017 18:29

Well I've bought a few of these. Think the Group is quite smart in terms of their strategy and run by an Intelligent Fanatic. As ever, may have bought into a profit warning stock a little too early but am tempted to double up when we have a golden cross which could be 6m or so off. To me though, medium term, this is probably still a growth stock and not sure that anything has changed other than listing on a bumper year, having a softer 2017/18 and then hopefully back to growth in 2018/19.

[muzmanoz] 14/11/2017 07:42

Great interim results from B&M, UP's biggest customer.

[citytrader66] 10/11/2017 20:47

weak close @ 95.25p. not surprising given how weak market has been this week. retailers in paricular taking a beating. at 95.25p share price is low than the peak price on day of the results Tuesday.

the online presence is on Amazon marketplace? correct me if i'm wrong..

[john09] 10/11/2017 12:43

Blackrock selling

[nw99] 09/11/2017 16:50

Was never in doubt

[john09] 09/11/2017 15:42

99p high today eh. Not bad given 80p was breached recently

[john09] 08/11/2017 18:10

Nice close at 97.25p

[kirk 6] 08/11/2017 16:19

Break £1 on

[muzmanoz] 08/11/2017 08:31

There are reasons to buy following the final results and brief update where there was only uncertainty before. Good dividend, trading doesn't appear to have gotten worse, B&M going well, online sales increasing, share price drop looks over done.

I have no reason to believe it but I had concerns that they had lost a major customer like B&M. Goodmans' goods appear to me to be more prevalent on B&M shelves than they were but looks like that's not the case. I don't go into B&M enough (other than to fuel my cherry pepsi max addiction) to gauge it.

[muzmanoz] 08/11/2017 08:31

There are reasons to buy following the final results and brief update where there was only uncertainty before. Good dividend, trading doesn't appear to have gotten worse, B&M going well, online sales increasing, share price drop looks over done.

I have no reason to believe it but I had concerns that they had lost a major customer like B&M. Goodmans' goods appear to me to be more prevalent on B&M shelves than they were but looks like that's not the case. I don't go into B&M enough (other than to fuel my cherry pepsi max addiction) to gauge it.

[citytrader66] 07/11/2017 22:54

share got on the LSE top risers board today. how many bought today not knowing this is ex growth? a few i suspect.. retailers like Next and Dixons tanked today. non-food retail sales are down year-on-year. UPGS can't be immune to this.

[john09] 07/11/2017 18:25

A further 8 B&M stores opening in the next fortnight alone go check out the website. All stock Beldray, Russell Hobbs and Intempo

[kirk 6] 07/11/2017 17:27

City bollucks mate the market was expecting another profit warning not Growth. Today's news was far better than expected and the price was already up to 94p before market announced director buys

[john09] 07/11/2017 17:08

Four positives today

1. Current trading hasn't worsened since the profit warning
2. directors and NED ploughed in with huge share purchases
3. German growth maybe better than we originally thought
4. Progressive dividend policy maintained despite the blip

That's it

[citytrader66] 07/11/2017 17:07

what news is that kirk?

as john pointed out, last year's results were already known!

nothing new added in today's RNS that we didn't already know..

director purchases boosted share price but seen that before only for the share price to fall back a couple of weeks like. VEC for example, directors bought at 90p, share price rose to 108p and now back down in the low 90s today. (disclosure: i hold some VEC as of today :D).

[kirk 6] 07/11/2017 16:42

This will be over £1 tomorrow once news sinks in

[nw99] 07/11/2017 16:22

Just backs up the potential here

[john09] 07/11/2017 16:17

Nw99 last years results have been known since September. Pointless u keep banging on about them

[nw99] 07/11/2017 14:00

Revenues boosted by 39.1% and increase 18.7% in pre tax profit.

[ny boy] 07/11/2017 13:57

I have also been adding to my long term (DEB) holding, the 8% annual divi, is attractive, be nice to see some capital growth next year

[ny boy] 07/11/2017 13:44

Good one to tuck away,as the share price starts to rise to chip away at that fall from 200p+

[ny boy] 07/11/2017 13:39

The Patient ones who bought the correction will sleep better, excellent results and a decent divi too, well done!

Dividend

The Board is committed to a progressive dividend policy, with an intention to distribute 50 % of the Group's adjusted profit after tax. A final dividend is recommended of 3.495 p per share to give a total dividend of 5.115 p per share for the full year.

The final dividend is payable on 30 January 2018 to shareholders on the register on 5 January 2018.

[senor_sensible] 07/11/2017 13:35

Quite a large buy from the two directors, £100k + £400k.....

[nw99] 07/11/2017 13:29

SCSW was write to await results expect a good update from them