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Share Name Share Symbol Market Type Share ISIN Share Description
Urban Exposure Plc LSE:UEX London Ordinary Share GB00BFNSQ303 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 2.88% 71.50 69.00 74.00 72.50 69.50 69.50 119,545 14:03:54
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate 11.1 0.2 0.1 794.4 118

Urban Exposure Share Discussion Threads

Showing 151 to 172 of 200 messages
Chat Pages: 8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
29/7/2020
10:40
Share buy backs Ilkley to start soon
jbarcroftr
02/7/2020
23:10
Depends how long it takes to get the other 20%. Based on a price of 56p, 80% of 70-83p in 7-15 months means a return of 0% - 19% (in 7-15 months) with another 25-30% in some indeterminate future period (but longer than 15 months). I managed to get a few at 53.5p, which seems a no brainer but I'm not willing to chase the price higher.
stemis
02/7/2020
13:17
it has risen Boystown just now
solarno lopez
29/6/2020
11:39
If NTAV is 84p (but could rise) and Simon T reckons 50% upside on 55p, then c.75p would seem a very reasonable target to me as long as, as you say Wlliamcooper104, that it's in a tax wrapper. Patience required - but not THAT much patience, hopefully.
boystown
29/6/2020
11:36
Be carful of tax situation on this one If it's not held in a pension/ISA/corporate it's brutal as you will pay tax on full return of capital (eg pay tax on your return and on your investment) and get a capital loss (being value of initial investment) that you may well not be able to offset anywhere else
williamcooper104
29/6/2020
11:26
That's more like it
solarno lopez
29/6/2020
11:13
Tipped in the IC by Simon Thompson who concludes: "...the maximum cash return could be 50 per cent above the current share price. NAV-accretive share buy-backs are a likely catalyst to drive up the share price, too. Value buy."
boystown
29/6/2020
07:23
Gone quiet again
solarno lopez
26/6/2020
07:50
Financial results for the Y ended 31dec2019 posted
yieldsearch
22/6/2020
15:56
hedge fund harry 19 Jun '20 - 09:52 - 119 of 131 What's not to like? The shares at 55p to buy are a gift and with tender offers every 3 months you may be able to exit your entire position by September. I think you're assuming that the tender offers are at NAV. My guess is that they'll be at a level between the prevailing share price and NAV: ie a bit above market price. This'll allow the offers to increase NAV per share of the Company post-tender.
cjohn
22/6/2020
15:52
Yieldsearch "So yes the legal fee is hefty but it sounds to me that the couple is litigious." That's the nub of the matter. It was better to get them out quickly, (and Takhar and Chairman) and avoid a protracted dispute. If this meant covering their "134k + costs", sobeit. Likewise, the various figleafs in the explanation given to cover their disgraceful behaviour - a few polite words to save appearances to smooth their way out. This is an example of corporate governance and rules working, thankfully. Well done to the Company.
cjohn
22/6/2020
15:43
Yieldsearch ".... subject to the borrowers being able to refinance...." This is crucial!
stuffee
22/6/2020
14:28
If the share price is weakening further , it is just an opportunity to add. The recent notice provided the nav, an estimated range of proceeds and estimated timeframe. Not clear to me what else need to be provided. In term of timing, i would expect the borrowers on the loans have been informed of the plan to liquidate the company. Clearly urban exposure has to support them to ensure that the loan is repaid. but would expect a number of borrowers to refinance their loan here away from urban exposure, as they have really no incentive to keep the relationship and make more sense for such borrower to move their business to a lender still lending. So we may receive some bulky payment relatively soon, well subject to those borrowers being able to refinance away.
yieldsearch
22/6/2020
08:03
Crazy as we expect to see the start of funds returning in the next 7 months on a quarterly basis so no doubt within the next 3 months What's not to love
solarno lopez
22/6/2020
05:48
Many thanks Yield Search
solarno lopez
21/6/2020
10:04
Having read Rule 13 does anyone know its consequences if Mr Tchenguiz fails to pay as the rule seems pretty ineffectual
solarno lopez
20/6/2020
06:50
Yes, it is. However, it could have developed into a stand off with persistent legal and time costs for the Company. At least this way, the Company is going to get the loan back and, thankfully, the Sandhus are out without causing yet more problems, as is the Chairman who nodded through the loan.
cjohn
19/6/2020
13:45
The figure for legal costs is way above the norm
solarno lopez
19/6/2020
09:49
It's also a satisfactory resolution of the serious governance issues following the disgraceful loan, with the relevant offenders moved out swiftly. And repayment of the loan guaranteed by the Sandhus putting UEX stock into escrow. The negative note is that the company are going to cover the Sandhu's £134k legal costs with respect to their employment by the group and the loan issue.
cjohn
19/6/2020
09:01
It looks a low risk buy, worst case looks to be broadly breakeven. I invested in Watchstone on a similar basis and that has done well so may look to add here if the price drifts down
otemple3
19/6/2020
08:52
What's not to like? The shares at 55p to buy are a gift and with tender offers every 3 months you may be able to exit your entire position by September. The Company believes that an orderly wind-down of the Company has the potential to produce net returns for Shareholders in a range of 70p to 83p per ordinary share on a fully diluted basis. The Company estimates that 80% of proceeds should be returned to shareholders within 7 to 15 months. The Company anticipates making distributions to its shareholders on a quarterly basis of the net proceeds of the loans, subject to its then-existing cash requirements. Depending on the circumstances at the time, these distributions will most likely take the form of own-share tender offers which are made to all of the company's shareholders. In addition, the Company intends to use its shareholder authority to make on-market own-share purchases at prices that are accretive to the Company's prevailing tangible net asset value per share
hedge fund harry
19/6/2020
07:38
https://www.charltonillingworth.co.uk/rec-uex/"Valuation -Shareholders can expect a 17% – 37% return over 7-15 months on the basis of these assumptions. The original deal with Honeycomb was expected to provide 72p/share to shareholders, an extra 6p-16p/share.Conclusion  -Looks like a decent run off return for shareholders from the current price, and a sad end for the company"
otemple3
Chat Pages: 8  7  6  5  4  3  2  1
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