Up Global Sourcing Share Discussion Threads

[john09] 25/1/2018 14:04

I also wrote to them today. Think we should bombard them with the question and express dissatisfaction

[lammylover] 25/1/2018 14:03

Have dropped an email to the Company Secretary asking for an TU and flagging up the concern that share price is being driven down to ridiculous price on low volume and no news. Hopefully will get something soon! gla Rich

[muzmanoz] 25/1/2018 13:58

Down past 70p. Still no news from management. How low can this go? H1 ends at the end of January but last year it took until April for them to release the results (I assume because of the listing).

[topvest] 24/1/2018 21:30

Think this is an interesting company. Have a small position and would like to double-up but don't want to try and catch a falling knife so will await the update. Maybe a trading update shortly for H1?

[john09] 24/1/2018 12:17

No I averaged down yesterday (as I said) at the same price.....

Please do let us know when you buy . All the best

[eastbourne1982] 24/1/2018 12:06

Good afternoon Johnnie,

Have you been averaging down today at the year low ?

[citytrader66] 23/1/2018 21:13

jeez wish i never off-loaded a few of these on Friday at 73.35p. i can't believe i did so at such a low price. but i was desperate for funds for another trade. i sure damn will be buying back in come dividend day if not before!

i believe interims are released in April, maybe we get an update before then. I certainly won't be selling at this price.

[john09] 23/1/2018 16:31

Haha. Eastbourne wouldn’t be able to shout you an Oyster card let alone oysters

[kirk 6] 23/1/2018 16:29

john I haven't bullied you so remember me at £1.50. Oysters and champagne please

[kirk 6] 23/1/2018 16:29

we will be more chums if this hit £2 again this year

[turbocharge] 23/1/2018 16:16

Lammy makes some interesting points. We're all chums here...

[eastbourne1982] 23/1/2018 15:32

John,

You seem to have gone quiet chum, talk me through the historic cash flow levels at UPGS.

[kirk 6] 23/1/2018 15:21

what youtube video? Haven't watched it?

[lammylover] 23/1/2018 15:21

82.1m shares in circulation at current 72p = market capitalisation 59.1m GDP. Last year (ending 31/7/17) turnover 110.0m GDP and profit before tax 7.4m GDP. Net debt 6.0m GDP. Dividend 5.115p (7.1% at current share price) Risks - no growth forecast for this year. UK Brexit Risks, slow down on high street sales, lower margin? But 27.7% of revenue from outside UK (Germany), selling relatively small ticket items (kettles, toasters etc), selling to majority of major retailers, 74.39% of shares held by institutions (Black Rock, Shroders) and Directors. New non executive Director bought 402k shares at 93.25p in November and Chairman bought 109k at 93.25p. Just my alternative perspective for what its worth, Rich

[eastbourne1982] 23/1/2018 15:16

I don't have any bets Johnnie, I'm not short.

Free cash flow of 700k in 2016, talk me through that.

I know fish and chip shops generating free cash of 300k.

[john09] 23/1/2018 15:14

Oh here he goes hedging his bets lol. Ofcourse the price will go up

[eastbourne1982] 23/1/2018 15:13

The share price may well go up during the next year however this is a very poor business.

Free cash flow in 2016 was only 700k, that is dire.

Free cash flow is what makes a quality business, not made up profits to con the naive.

[eastbourne1982] 23/1/2018 15:10

ENTU had a big yield, it went bust.

[john09] 23/1/2018 15:09

Indeed Muz. And that 7.6p I think will be beaten

[eastbourne1982] 23/1/2018 15:08

50000, a very round number Johnnie, don't commit a real crime pal, you won't get away with it.

[muzmanoz] 23/1/2018 15:07

Not sure someone else's youtube video is a reliable source of information! Revenue in 2011 was £55m. But it is more information than is coming out of management at the moment.

Last forecast I saw was EPS of 7.6p this year and 9p next year with dividend yield currently 7%.

[kirk 6] 23/1/2018 15:04

These are due a 100% rise shortly. This is entirely based on PUGLEY posting recently here. Everytime he/she posts negatively on a stock it doubles or even trebles.

Recent example ZIOC where his/her recommendation was to get rid when the price was 4-5p and that month rose to 25p max. I made £200k profit there so looking at this one for my next target.

My recommendation is to follow PUG! I owe him big time.