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Share Name Share Symbol Market Type Share ISIN Share Description
Up Global Sourcing Holdings Plc LSE:UPGS London Ordinary Share GB00BYX7MG58 ORDS 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.75 1.03% 171.00 169.50 171.50 171.00 171.00 171.00 29,405 14:29:58
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 115.7 8.4 8.4 20.4 153

Up Global Sourcing Share Discussion Threads

Showing 2801 to 2822 of 2825 messages
Chat Pages: 113  112  111  110  109  108  107  106  105  104  103  102  Older
DateSubjectAuthorDiscuss
19/10/2021
15:08
It’s worth listening to the loadster podcast this week. Really interesting and highlights the issues.
deanowls
18/10/2021
13:05
The supply chain is struggling. Demand has sent lead times out to over 6 months on certain pigments. A big issue is China shutting down factories due to energy issues. for example a chemical we buy comes from 2 factories in china. One was closed until xmas last month. This is being repeated across the supply chain
dope007
18/10/2021
11:03
I wasn’t referring to the cost, I was referring to the supply chain not being broken. It seems getting product made and delivered is as much of an issue as the cost. Hopefully thats not caused too much disruption.
dr biotech
18/10/2021
08:51
Agreed John. My main issue that I don't think mkts are pricing in anywhere is the major supply chain breakages that are going on. Yes we are all busy, and doing well but the news the last couple of weeks is getting considerably worse on raw materials availability.
dope007
18/10/2021
07:35
It's somewhat similar to natural resources. The tsunami out of covid has a few road blocks but supply will adjust over time. The art of management is balancing your costs with sale price adjustment and absorbing what you can't price in now over the short term and bring it into the medium/long term. IMO the management at UPGS is experienced in that, which is why I invest in the company. Personally, I love panic as it gives opportunities, both up and down.
johnrxx99
17/10/2021
18:37
I honestly haven't got a clue what you are saying Dr Biotech.. The shipping cost is the shipping cost. End of story To help you here is an article stating shipping costs from China are up 10x at over £10,000 per container. A price we are paying also https://www.telegraph.co.uk/business/2021/10/16/manufacturers-demand-action-cartel-like-shipping-costs/?li_source=LI&;li_medium=liftigniter-rhr
dope007
17/10/2021
09:25
No it’s not. If you own the factory you will not get shafted if another customer offers more (this happened to us before). It also helps getting shipping slots - some companies such as Luceco have already mentioned this.
dr biotech
16/10/2021
18:57
Horgan since august it has got SIGNIFICANTLY worse. We got told on Thursday that they don't want emptied containers back!! WTF are we to do with them? And demurrage charges are now getting whacked on us due to the clogged up ports. Cost of shipping from China has gone up by a factor of 10. It's utter maddness Dr Biotech, the transport is irrelevant as to wether you own the factory or you buy off someone who owns it. What I will say is we are now finding out in the West that 40 years of selling us out to the Chinese for profit has a cost. That cost is spiraling debt and no production to pay our way with so bring it back home. We pay higher wages, and the consumer can afford the higher price, but everyone has to do it. The Chinese will then no longer be able to copy and steal everything, but it's probably too late for that now
dope007
15/10/2021
10:04
Buys showing as sells - OK by me :-)
johnrxx99
15/10/2021
09:27
I think people are ordering earlier. Be interesting what CCT say on the next update. If people can get it they can certainly sell it.
deanowls
15/10/2021
09:21
I’m hopeful that companies that have invested and have their own facilities in China will do better than those who simply import from 3rd party manufacturers. The disruption and cost increases will certainly have an impact, but hopefully it will be manageable. Guess we’ll see around jan how xmas has gone. Heard the first xmas ad on the radio yesterday, there should be a law against that. Nothing till after Nov 5th. Bah humbug.
dr biotech
14/10/2021
16:27
Norcros raised guidance again this morning. Companies ordering extra stock as well which exasperates they situation, but I would think this plays into the relationships and size and quality of companies which UPGS I believe has. Over the long term I expect this to be beneficial to growing well ran companies.
deanowls
14/10/2021
15:11
The whole shipping crisis and containers costs increases were happening long before their last trading update at the end of August. They mentioned the challenging environment and said that they expected it to continue until after Feb 2022, but said, in spite of this, they had grown revenues 17.9% with pre-tax profits of £11.2m (up 36.6%). With regards new financial year, they made several references to higher revenues and profits expected in 2022. Acquisition of Salter “significantly earnings enhancing in FY22”. FY22 order book “ahead of this time last year”. “Growth expected in FY22 both from the core business and through the acquisition of Salter”. I’m in at 168p. I think this sell-off is getting a bit silly based on what the company has recently said.
horgan
13/10/2021
15:35
Thanks Epistrophy et al. I too love this company but took profit and went short on technicals a couple of weeks ago. Want to buy in again but for all the above reasons I’m not sure now is the right time. Best of luck all.
cliff007
13/10/2021
13:40
I think we are on the same page on this one mcbabs
dope007
13/10/2021
13:39
It's evident that everyone across the board is having issues with supply chains. Not just the shipping but even HGV drivers and warehouses etc. I'm bullish on UPGS but feel if they have a profit warning on the back of supply chain problems we could see further drop in share price. That's when I'm looking at getting back in. An article I read the other day said it well "a chain is only as strong as it's weakest link".
mcbabs
13/10/2021
12:59
All I can say from our industry is shipping rates from China are up 10x. China are shutting factories temporary due to their energy crisis. There are shortages everywhere.
dope007
13/10/2021
12:32
I want to have an update on how bad supply chain issues are for UPGS on their final results before investing again. Can't say it's not tempting at these levels though.
mcbabs
13/10/2021
10:26
I like this company but in my work I am seeing so much chaos and rampant price increases I will remain on the sidelines until we get some settling down and clarity
dope007
12/10/2021
19:19
"The Group intends to announce its full year financial results on 2 November 2021." (From the August 23rd RNS)
epistrophy
12/10/2021
19:03
Anyone know when results are due ? Nothing on their Financial Calendar on their website. TIA
cliff007
08/10/2021
14:32
Re the chart analysis further up the thread.... A contrarian view.. not that I believe this, but to give a slant on how the chart could be read. 200day ma gone and looking likely to roll over. Up trend from sub 50p gone also. Not a challenge to the original poster for a row !!
kaffee
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