The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Volume hasn't been high but can we say resistance around 50p has been broken and will become support?
https://www.businessweekly.co.uk/killer-50/50-insider/daimler-puts-ubisense-driving-seat https://www.businessleader.co.uk/finding-the-right-synergy-between-going-global-and-staying-local/44550/
UBI has placed itself as a tool in infrastructure roll-out with the new myworld capture. It's a really good move. The financials haven't been brilliant but the potential is massive, it should be sitting at a higher valuation imho. Start-ups with less potential can be valued towards this level with less track record. This should be �50m+ in my estimation and closer to 70p. They are addressing multiple market segments now and with Saleforce as a route to market it's a big change for myworld. It's all software on myworld too so should be good margins with relatively light headcount to roll it out.
Confused? You will be. Aggregate holding now close to 1/5 of UBI. Threadneedle Asset Management Limited is wholly owned by TC Financing Limited, which is itself wholly owned by Threadneedle Asset Management Holdings Limited, which is itself wholly owned by TAM UK Holdings Limited, which is itself wholly owned by Threadneedle Holdings Limited, which is itself wholly owned by Threadneedle Asset Management Holdings SARL, which is itself wholly owned by Ameriprise International Holdings GmbH, which is itself wholly owned by Ameriprise Financial, Inc.
It looks it to me as is Amerprise adding to holding. Some other group/S also mopped up about 500k shares in recent past I think but don't need to announce yet. I don't know that for certain but just keeping eye on trades and it smells like it to me. Holdings are tightening. Tax loss selling should complete soon so holders will be doing so without looking at rear view mirror.
Great news surely?
Someone is clearing out and someone else is happy to take the stock. When this is complete I would hope the price will rise.
Someone selling.
The way I read it is they are compensating well for GE Small world revenue loss with higher margin own products. I think revenue might even increase and this is valued at about 1x sales. Net cash, still investing so no headline profit but it looks massively de-risked and close to fully self-supporting. I don't get the market not noticing. When the market does wake-up to UBI it should re-rate upwards substantially imho.
The way I read it is they are compensating well for GE Small world revenue loss with higher margin own products. I think revenue might even increase and this is valued at about 1x sales. Net cash, still investing so no headline profit but it looks massively de-risked and close to fully self-supporting. I don't get the market not noticing. When the market does wake-up to UBI it should re-rate upwards substantially imho.
Tempted to buy more at this price, far too cheap IMO. Problem is I thought the same when it was 50p and I already own quite a chunk of these.
2 large trades and not in the standard trade table. Both buys so some is accumulating about mid 40's.
Screaming buy in my book.
Company looks undervalued to me....but what do I know. Surely the market will re-rate this some day. Perhaps Kestrel's large holding is putting off other ii's from buying.
If it breaks through 50p there's likely a major change in sentiment. Someone is picking up the dribs and drabs.
50p here we comes! Vgla
There was a peak of 48.5p last Friday. If it manages to get through 50p it's likely to run. I wonder what caused the sudden interest? There have been a number of events attended in the last 2 months and perhaps there have been signings or big interest. The Lockheed news looks good. Perhaps one or more events went well for new business opportunities.
Yes, high chance and also mentioning the banking covenant cashflow terms.
HSBC covenant requires cashflow breakeven this year and +1M by end of 2018. Management options kick in at 70p. Do some math.
Everything I read about Ubisense capabilities is impressive but somehow it doesnt live up to expectations. It's a long haul towards �1.
What chance they will look for a funding round again? A big holder is exiting or the price is gravitating to some level.
To recognise the improvement you need to know the past results and to use a calculator. Not everyone wants to do that. Huge potential.
Well I think there's enough good news in there to be hopeful that we are on the right track. Would be nice to see some interest in this share as there seems to be none!