Up Global Sourcing Share Discussion Threads

[nw99] 12/9/2017 12:12

now valued less 1x sales. 2017 est. PBT £11.4m &10.0p EPS with 2018 £8.6m & EPS 7.4p. Yield 4.6%

[rafieh] 12/9/2017 11:52

The MMs keep reporting trades with 1 hour delay. They did the same yesterday. Bit annoying.

[markycrispy] 12/9/2017 11:42

That's not good am still holding and nursing a loss but not too disastrous at the percentage of my portfolio Invested

[valhamos] 12/9/2017 11:41

No revenue growth expected for the current year to July 2018 so you would expect profit for this year to be similar to last year. Shore Capital were forecasting profit of £10m 9.5p eps for FY 2017 so the current year should be similar - however that forecast was before the "ahead of expectations" statement yesterday so in fact FY 2017 will be higher than that. So current year PE of 10 and 5% dividend yield makes the fall look overdone.

[ny boy] 12/9/2017 11:28

Picked up a few more in early 90's ave now 115p, happy to hold for a few years to make 50% return.

[grahampaul1977] 12/9/2017 11:27

Citytrader66 - I think the sell off has been overdone. On current prices, the p/e would be around 12 to 13 times, so trading at a discount to other sector peers and if we're now saying that forecast revenues and earnings will not reflect any growth, the forward p/e is now at a discount to the sector. And all of this is even before the impact of an improved current year performance has been baked into the share price. I realise that a lot of folk have had their fingers burnt quite badly on this stock, but even ignoring any long term growth prospects the share price now looks cheap. For what its worth, I got in at £1.18 per share and I still think that on those levels there is room for some gains which admittedly might come over a matter of weeks or months rather than days.

[citytrader66] 12/9/2017 11:02

late reported trade:
08:01:28 109.4800 20,000 OK 95.5000 96.0000 Buy

big buy at the open. thats where the share price should be now 109p..

[honestjim2] 12/9/2017 11:01

citytrader66
I don't know if there is a connection with TechInvest. The TMI (paper) portfolio is quite good though they don't hold UPGS or IDP...

[citytrader66] 12/9/2017 10:59

does that magazine have any connection with TechInvest? the track record on their portfolio shows impressive gains.

[honestjim2] 12/9/2017 10:53

TFC
I subscribed to TMI just 3 months ago and bought this share on their recommendation. I want my money back...!
Same applies to IDP shares too...

[citytrader66] 12/9/2017 10:53

at least the bounce should be good when/if it comes 😋
i'm down shed loads of money on this now 😣

[kirk 6] 12/9/2017 10:47

Big recovery now overdue

[kirk 6] 12/9/2017 10:43

This has crashed far too much surely

[thefartingcommie] 12/9/2017 10:37

well....three cheers and a big hoopla for that tipster rag SCSW....someone should ask the editors/publishers some serious questions

The business is doing better than most investors probably realise and I think the shares are forming a chart pattern to get technical analysts excited. I am scheduled to meet the company next month but I’m happy to stick my neck out and buy rate them ahead of that.
August 2017

...just off to expel some wind.......

[soundbuy] 12/9/2017 10:28

Maybe getting interesting again.....thought the bottom was in around 120p then 110p......then 100p......somebody still spooked and dumping.....

[kemche] 12/9/2017 10:27

Thin trading + distressed seller does not make for a pretty picture.

[mister md] 12/9/2017 09:42

looks cheap to fairly priced - flat revenues in 2018 mean low p/e ratio for time being

[rafieh] 12/9/2017 09:38

A dividend yield of about 5% should provide good support for the share price

[glasshalfull] 12/9/2017 09:16

Cenkos upgraded 2017 EBITDA forecast from £11m to £11.4m yesterday, for EPS of 10.0p (9.6p previous forecast).

They lowered 2018 turnover forecasts from expectations of £120m to £100m. This translates to EBITDA of 7.4p & div of 4.8p



Kind regards,
GHF

[markycrispy] 12/9/2017 09:08

Off out now good luck all

[citytrader66] 12/9/2017 09:05

why are MMs not reporting buys? all i see is sells..

[5chipper] 12/9/2017 09:03

Q1 17 Underlying EBITDA had grown 58% to £4.4M

H1 17 Underlying EBITDA was £8.8 M

They have stated that H1 is strongest year representing 60% of sales so rough estimate would be FY c£15M