Up Global Sourcing Share Discussion Threads

[robbnw] 06/4/2021 12:45

Me too In the end how many businesses of this size give a dividend to boot

[epo001] 06/4/2021 11:32

Happy to see it, but is there a reason for today's rise? Is it New ISA year?

[epo001] 30/3/2021 16:40

Not a pity at all, good buying opportunity. My 3rd largest holding.

[kingfisher99] 29/3/2021 19:17

I think there are a number of buyers, but I think these are being offset by those selling and taking profit from buying low, hence the frequent rapid oscillations. Pity really, as I feel the company has a good longer term prospect in terms of further share price growth and good dividend returns based on a sound business plan and the good purchases they have made which will deliver increased profit in the months to come.

[coppertrader] 29/3/2021 18:59

if UPGS can raise the share price to 159 and keep it their for the next quarterly review, they will move from the FTSE fledgling to small cap. I dont expect this to have as much of an effect as promotion to the 250 or 100 but it should add some exposure to more institutional investors.

[robbnw] 23/3/2021 15:56

I was just about the ask the same

[epo001] 23/3/2021 14:34

CARR also in that piece and it has hardly moved.

[investing2retire] 23/3/2021 14:13

upgs was mentioned in a "Two cheap small caps" article on investors chronicle today. perhaps this is why its jumped?

[investing2retire] 23/3/2021 14:08

Nice. what caused the jump?

[riviera1069] 23/3/2021 14:01

Can't find any news though

[riviera1069] 23/3/2021 14:00

Nice tick up

[quepassa] 15/3/2021 14:28

Alternatively you can view FOR FREE UPGS's Capital Markets Day presentation from a few days prior on 16th. Feb.

hXXps://www.upgs.com/investor-relations/corporate-literature/


An excellent presentation.

ALL IMO. DYOR.
QP

[sharesoc] 15/3/2021 14:07

In case you missed our webinar with UPGS the recording and stockopedia report can be found here:

To access the recording, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hxxps://www.sharesoc.org/membership/

Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the recording (and recordings/reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hxxps://www.sharesoc.org/contact-us/

[riviera1069] 12/3/2021 21:02

Some large sells appearing after close timed at 0930 hrs this morning.

[riviera1069] 27/2/2021 22:10

Good.Think the share price has held well over the last trading week. Need some positives to move us up and beyond the 150 mark.

[keeninvestor1] 27/2/2021 13:03

Good write up in SCSW out today . Ends with ... ' keep on the buy list 'Editor holds 20000 in this key shares

[topvest] 17/2/2021 21:00

If that was the price that's a fantastic opportunity. Name me one other company that acquires brands like UPGS and never pays more than £100k? It's wonderful. OK, they have to invest in the brand to relaunch it, but its a phenomenal achievement and not recognised by institutional shareholders. Then again, its good not to broadcast it as doing so could push up the price of other distressed brands in the future that UPGS decide to buy.

[shanklin] 17/2/2021 08:10

Certainly helpful to know Petra only cost 100k Euros, strange that was not in the RNS.

[coppertrader] 16/2/2021 19:20

Campital markets day presentation worth a view... a couple of gems in there..."Substantial opportunity to 'do a Beldray' with the Progress, Kleeneze and Petra brands." - that is to turn a £10k, £100k and £100k purchase into £32.8m revenue."COVID has led to retail insolvencies but also retail winners...and they are our customers"https://www.upgs.com/wp-content/uploads/2021/02/1602-Capital-Markets-Day-LR1.pdf

[quepassa] 16/2/2021 08:02

Do remember that it has taken FOUR WHOLE YEARS for UPGS to get back to near its 150p IPO price and is still way below its subsequent August 2017 peak of 220p.

Whilst the performance has been very good recently, the share performance since IPO has not been so.

However, the business now seems on a strong footing and great growth track and doing all the right things.

Upbeat about future prospects and (unlike the immediate and appalling IPO sales forecast miss) Company announcements now seem rock-solid and reliable. An important lesson for management.

They now have the opportunity to make this into a substantial business and very profitable. Outlook is very promising.

ALL IMO. DYOR.
QP

[shanklin] 16/2/2021 07:33

topvest, Quietly excited her :-)

[robbnw] 15/2/2021 22:50

Agree with you all here I got in at the top at 200p then they halved and I bought again Then they dropped to sub 50p and I bought againNow my average is 50 p and damn right I am holding Remember Simon Showman sold a stack and still has 18 m shares He's as shrewd as they come and he will deliver here for certainHold on for an amazing ride Don't forget also the dividend How many companies of this size offer such Brilliant business Going places !

[kingfisher99] 15/2/2021 20:17

Topvest. I agree with your sentiments. A lot of major investors bailed out when UPGS had the problems shortly after the share launch and have not come back in. I was surprised there was not more interest when they started to recover form their low share price earlier this year, particularly as they have demonstrated a robust business in spite of all the difficulties they faced. I think there are still plenty selling to bag a profit. Short sighted in my view as this company has plenty of growth in the share price ahead, particularly when more of the large investors start to return. I feel it is an excellent prospect for anyone to come in, even at the current price. In the longer term (as you say 3 - 5 years) this is still the initial part of the climb out. Petra is an excellent move to expand the German ( and European) part of the business faster.

[riviera1069] 15/2/2021 19:38

Yep, already been here invested for approximately three years and will contine to hold.Was just looking at the Petra brand online and the stuff is obviously decent German machines. To be honest I had heard of Petra coffee machines but that's about it.Below article is a nice summary.Still holding all my shares. This was well over £2 after the IPO. Will review over 200p German kitchen electricals brand Petra bought by consumer goods group Ultimate ProductsUltimate Products plans to relaunch the Petra brand.A German kitchen electricals brand has been acquired by a Greater Manchester-headquartered consumer goods developer.Ultimate Products has purchased Petra from PE Outlets B.V for an undisclosed sum.Founded in 1968 in Bavaria as a manufacturer of electrical equipment, Petra originally specialised in coffee machines before expanding its range into other areas of kitchen electrical products.Ultimate Products, which is headquartered in Oldham, plans to relaunch and refresh the Petra brand with a range of electrical kitchen appliances.Simon Showman, chief executive of Ultimate Products, said: "We are very pleased to add Petra to the Ultimate Products portfolio of consumer goods brands."Petra is well recognised in the German market with a reputation for quality and design innovation."We will seek to emulate the success of our previous brand acquisitions, most notably Beldray, Progress and Kleeneze, by relaunching Petra with a suite of innovative new products "More broadly, as the first German brand to join the Ultimate Products range, we hope this will further increase our penetration of the German market, where we already have a growing business with strong customer relationships."Ultimate Products is an owner, manager, designer and developer of a series of brands focused on the home, selling to over 300 retailers across 37 countries.Its brands include Beldray (laundry, floor care, heating and cooling), Intempo (audio), Kleeneze (laundry); Salter(kitchenware), Petra (kitchenware) and Progress (cookware and bakeware).As well as its Oldham headquarters, the group has an office and showroom in Guangzhou, China, and in Cologne, Germany.

[blueliner] 15/2/2021 19:28

I like these forgotten under the radar brand acquisitions. And the bid price never moved either.