Up Global Sourcing Share Discussion Threads

[croasdalelfc] 12/2/2018 07:48

And just remember that 50% of revenue iirc comes from B&M and Action.nl both of which are growing at 30% a year

[croasdalelfc] 12/2/2018 07:43

Just remember that none of the money - repeat none of the money - from the IPO went into growing the business. It all went into the pockets of the board of directors - 50m plus

[croasdalelfc] 12/2/2018 07:41

Unbelievably conmen on this BOD . Go read the admission document to see how they ramped the growth of the company.It's gone from 50% growth to no growth to negative growth whilst the board have pocketed £50m .I was in at IPO should have sold at 200p but got caught by profits warming and managed to get out at 125p. Feel sorry for you guys who got in between 90p and 70p , this is going to 50p

[kirk 6] 12/2/2018 07:40

Is it bad ?Cash is up from 6.5m to 8m even after paying a great dividend Yes we know 2018 is going to be bad after the last statement but again looks like a bright future here with a high dividend yield While the short-term outlook for the second half of this financial year is undoubtedly challenging, we are pleased with the pipeline of new business opportunities that is already in place for FY 2019, and in particular the strong order conversion that we are seeing with UK supermarkets for Autumn Winter 2018.This, combined with both the strength of our balance sheet as well as our continued belief that Ultimate Products provides a fundamentally compelling proposition to both consumers and retailers alike, means that we continue to feel well placed to deliver growth and success in the longer-term."

[lucicavi] 12/2/2018 07:20

Not good news going to be a loser

[darola] 12/2/2018 07:17

RNS - Oh dear! We told you it was going to bad, it's actually worse than we expected! 50p today anybody?

[topvest] 08/2/2018 21:48

Certainly very tempting to buy this, but dropping too fast. Will buy more only on news or a flattening of the share price.

[pugugly] 08/2/2018 21:35

citytrader66 - Might it not be the posting of a worked sell over the previous 5 days and only just now posted? Most the trades were at 60.2p but marked as sells - Certainly a 62p marked as a sell on 5th when the spread was 61.8/62.8 was a buy.
Do you know how long MM's have to declare a trade that is so many multipes of nms ?

[kirk 6] 08/2/2018 16:33

Why no holding rns

[citytrader66] 08/2/2018 11:53

there must be a matching buy surely? MMs wouldn't take that many shares without a buyer.

[citytrader66] 08/2/2018 11:51

500,000 trade showing.

1:25:30 60.0000 500,000 O 60.2000 62.6000 Sell

could it be another director purchase? same trade size..

[tallprawn] 07/2/2018 20:27

500,000+ shares purchased by Directors 3 months ago at 50% higher than the current share price Well oversold down here now in my opinion. Good entry point - Bounce is long overdue.

[coppertrader] 07/2/2018 20:00

Also, the directors retained 50% ownership on the listing, so i imagine that they saw value higher than the listing price; and higher than todays price.

[kirk 6] 07/2/2018 12:00

well yes that is possible as is a take over however look at the facts...this is a high yield dividend stock at the moment so evidence outweighs drastically to the upside.

(until we are told differently after the inside seller finds out)

[darola] 07/2/2018 10:45

Or be sold for a song, just so the directors can bank a few more quid...

[kirk 6] 07/2/2018 10:40

darola may be true however doesn't mean that at 60p this isn't going to multibag. With such a good dividend yield and world wide potential, this could double at the drop of a hat from this mkp

[rimmy2000] 07/2/2018 10:12

hmm, starting to turn..?

[kirk 6] 07/2/2018 09:57

prepare for better times here

[mobtheplod] 06/2/2018 13:46

I wouldn’t touch this with a barge pole until the BOD are replaced.

[pugugly] 06/2/2018 12:43

mjiman - Surely you mean a text book example as how to con the so called knowledgeable city Wide boys, who are investing other peoples money, rotten. Well done theM -!!

Only question is whether there is a real long term business here - If so possilby near the time to buy in quantity - However seems to be constant selling which is too heavy (imo) to be from PI's and must be II's but no holding rns's - VERY ODD.

[meijiman] 06/2/2018 12:37

This company seems to have provided a text book example of how to fuc* up post listing -in spades.

[lucicavi] 06/2/2018 12:02

keeps losing money daily here

support at 20p perhaps on next warning

[john09] 05/2/2018 17:11

Lots of small cap stocks drifted down last few weeks