User Notice: The site will be occasionally unavailable due to scheduled maintenance this weekend. Please accept our apologies for any inconvenience.

Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Urban&civic Plc LSE:UANC London Ordinary Share GB00BKT04W07 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 344.50 344.50 345.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate 57.2 -8.1 -5.7 - 500

Urban&civic Share Discussion Threads

Showing 176 to 199 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
09/11/2020
12:30
As per shaker44 suggests, been dumping quite a lot of cash into Henry boot this am seems a good home for the UANC cash to come and has been easy to pick up in lumps whilst the rest of the sector explodes on TW and vaccine hopes
daneswooddynamo
07/11/2020
08:06
Good point, may not be another bidder, just someone else who thinks nearer the non-discounted 480p EPRA is required.
spectoacc
06/11/2020
20:16
Probably a hedgie which has decided the lack of decent irrevocables and the deep pockets of Wellcome can afford to be a tad more generous!
daneswooddynamo
06/11/2020
20:08
You need 75 percent approval to fulfil a scheme of arrangement takeover, it maybe that someone has already amassed enough of a blocking holding today. Fun and games
daneswooddynamo
06/11/2020
20:07
Wow yes - well over 2m in a single block at over 348 too. A few more Letters of Intent in favour of it, but nowhere near a majority yet.
spectoacc
06/11/2020
19:53
Nearly 30 percent of the company has changed hands today with some massive trades above the offer. Someone not took keen on 345!
daneswooddynamo
06/11/2020
15:52
I guess the board/key executives will be on healthy performance bonuses in Newco, so from 345p they will earn well later
shaker44
06/11/2020
15:42
I have cashed in and will move on, but I am not remotely thrilled by the price. I suspect that the board felt that the share price had got stuck and was going nowhere fast - and so the continuing trend of take private deals goes on. I suppose it is just possible that a rival bid will emerge, but I rather doubt it. The same thing was said about TEF last year, but nothing happened. UANC is a fairly unique model and requires a long term investor/group with deep pockets. I can see why they have exited the public markets, but it is a pity.
james188
06/11/2020
14:22
To put it into perspective - 345p isn't even the 12-month high.
spectoacc
06/11/2020
12:33
Cannot see it trading below the offer with interest rates at zero unless you think Wellcome might walk. Highly unlikely given they are a slightly left field bidder. They are smart cookies and see the long term value here so I doubt the big house builders will not see it either. Depends if they have plenty of other profitable options and don’t want to tie up capital in a few mega sites.
daneswooddynamo
06/11/2020
12:17
OK back a bit now in fairness, tho with the timeline to completion should be about 340p if not much chance of counter. I'd love to see one of the volume builders - Persimmon maybe - take a look.
spectoacc
06/11/2020
10:06
Or more, if head towards the c.480p non-discounted NAV. 1.27m traded so far this morning, almost all of them at over the agreed 345p. Timetable says "early 2021" so plenty of time yet.
spectoacc
06/11/2020
10:02
The irrevocables are miniscule, there is every chance of a higher offer from an industry player. The downside is a couple of pence and irrelevant time value. The upside could be 30-50p imo
daneswooddynamo
06/11/2020
09:42
Counter offer is unlikely - despite it being a low ball offer - directors and institutions are behind this. Property / infrastructure is out of favour. It is sad as this is a well run operation. Take the money in the market if you can while it exceeds £3.45.
inki
06/11/2020
09:11
Indeed, decent slugs going through above offer we are certainly not alone in hoping for better things before the game is up
daneswooddynamo
06/11/2020
08:36
Was sitting on a loss and now very healthy profit. Counter bid would be great! Makes Henry Boot Group look very cheap
shaker44
06/11/2020
08:33
Agreed. Got to laugh, reading the announcement, about how the bid "fully recognises" the NAV, being a few pence above. Yet read any other UANC RNS and it's "EPRA NAV without large site discount" that comes to the fore.
spectoacc
06/11/2020
08:14
Just shows how cheap large chunks of the UK equity market are at the moment for anyone with a medium term perspective. The Wellcome Trust are savvy investors so if they think 345 is worth paying you know they think the value is much higher. That is why I think a counter is quite likely
daneswooddynamo
06/11/2020
08:10
Last EPRA NAV without large site discount was 480p I think? And they've traded well since. Surprised they've recommended 345p.
spectoacc
06/11/2020
08:09
Well the early action is certainly not discounting a counter!
daneswooddynamo
06/11/2020
08:03
Glad I bought back in at 215p recently. Sadly only half what I owner pre-covid. Agree though that 345p is still cheap.
1nf3rn0
06/11/2020
08:01
Could get a counter offer here we will see
daneswooddynamo
06/11/2020
07:39
Good news for a Friday morning. Never understood the valuation here and the lack of support. Even at 345 it’s a steal. Makes the recent selling look even more ridiculous but definitely leaky over the last day unsurprisingly
daneswooddynamo
06/11/2020
07:29
Agreed, I'd not finished buying, that dcb from below £2 now looks suspicious. Totally not the bidder I'd have expected either - thought a volume housebuilder would ultimately take them out.
spectoacc
Chat Pages: 9  8  7  6  5  4  3  2  1
ADVFN Advertorial
Your Recent History
LSE
UANC
Urban&civi..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210510 05:12:59