Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video 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.
There is no total guarantee with Covid-19 around.
However, with the lock down easing people will still want to move for various reasons.
They will also want to just re-mortgage to save money.
The Uls platform can speed up the conveyancing and as such it should continue to pick up trade.
I am biased I am invested.
I like the look of this company but remain unconvinced it is the right time to buy when I expect the housing market to suffer over the next 6-12 months. Why?
1) The true economic impact of COVID-19 has been hidden by govt schemes (the business interruption loan scheme, the furlough scheme, etc) but what happens when they come to an end, and the business interruption loans need repaying in 12 months' time?
2) There is already a credit crunch with many mortgage lenders having largely gotten rid of 90% LTV options and even most 85% LTV options. This in turn should reduce demand and reduce housing prices.
Will look at this again at a much later date
Nice re-rating by market today following a step up on Friday also.
Article on Financial Reporter :-
hxxps://www.financialreporter.co.uk/mortgages/uls-technology-launches-digital-rapid-remortgage.html
from article :-
"Karen Rodrigues, sales director at ULS Technology, said: “Rapid Remortgage is a game changer. We have been working very closely with our top conveyancing firms to deliver this proposition that benefits everyone – the conveyancer, the client and, of course, the intermediary. We are offering clients the peace of mind that legally there is no reason why their remortgage cannot take place sooner than expected. We have had fabulous feedback from our conveyancing partners as well as the intermediary sector."
ULS ULS Technology..........ahead of market expectations. Stonking results on initial first look. <a href='https://www.investegate.co.uk/uls-technology-plc--uls-/rns/trading-update-and-notice-of-results/201804260700021301M/' target='window'>https://www.investegate.co.uk/uls-technology-plc--uls-/rns/trading-update-and-notice-of-results/201804260700021301M/</a> https://uk.advfn.com/p.php?pid=legacydaily&epic=L^ULS&type=4&size=3&period=4&ind_type1=1&ind1_1=&ind2_1=&olx_1=3&ma_type1=3&o_1maday1=25&o_2maday1=&o_colour1=1&olx_2=3&ma_type2=3&o_1maday2=50&o_2maday2=&o_colour2=2&olx_3=3&ma_type3=3&o_1maday3=200&o_2maday3=&o_colour3=3&scheme=&delay_indices=DELAYED_INDICES
ULS ULS Technology..........ahead of market expectations. Stonking results on initial first look. <a href='https://www.investegate.co.uk/uls-technology-plc--uls-/rns/trading-update-and-notice-of-results/201804260700021301M/' target='window'>https://www.investegate.co.uk/uls-technology-plc--uls-/rns/trading-update-and-notice-of-results/201804260700021301M/</a> https://uk.advfn.com/p.php?pid=legacydaily&epic=L^ULS&type=4&size=3&period=4&ind_type1=1&ind1_1=&ind2_1=&olx_1=3&ma_type1=3&o_1maday1=25&o_2maday1=&o_colour1=1&olx_2=3&ma_type2=3&o_1maday2=50&o_2maday2=&o_colour2=2&olx_3=3&ma_type3=3&o_1maday3=200&o_2maday3=&o_colour3=3&scheme=&delay_indices=DELAYED_INDICES
There is a blog post on ULS technology available here: https://www.sharesoc.org/blog/company-news/uls-technology-keystone-law-collusion-ipo-pricing/
Will this stay under the radar? Some nice buys builds confidence.
Interim results due 22nd November. I remain confident
Kestrel lead the list with 27% +
TRADING UPDATE AND NOTICE OF RESULTS Tue 01 Nov 2016 07:00 RNS Number : 9305N ULS Technology PLC 01 November 2016 ULS Technology plc (The "Group" or the "Company") Trading Update and Notice of Results ULS Technology plc (AIM:ULS), the provider of online B2B platforms for the UK conveyancing and financial intermediary markets, is pleased to provide a trading update ahead of its Half Year Results for the six months to 30 September 2016. Financial Highlights The Group has continued to trade well during the first half of the financial year with profits in line with the Board's expectations. Revenue for the period is expected to be marginally up on last year at £9.78m with underlying profit before tax up approximately 4% to £1.93m and continued strong cash generation. This growth was achieved against the backdrop of a difficult market environment with UK house transaction volumes reportedly down 9%* compared to the same period in the prior year. Outlook Market activity has increased since early September with the Group seeing a significant improvement in the volume of instructions received. The Group has continued to win contracts with new business introducers during the year and has a healthy pipeline of prospects, which the Board believes will enable the Group to continue to increase its market share and meet the Board's expectations for the full year. Notice of Results The Company expects to announce its Half Year Results on 22 November 2016 and will hold an analyst briefing at 9.30am at Walbrook PR's offices on the day. Analysts wishing to attend the briefing should telephone Walbrook on 020 7933 8780 or email ulsgroup@walbrookpr.com Ben Thompson, Chief Executive of ULS Technology plc, commented: "I am pleased that we have made such good progress during a challenging period in the market. Regulatory changes to the buy to let market and uncertainty caused by the EU referendum led to a well-publicised slowdown in the housing market in the first half of the year, but the market appears to have stabilised and be improving since the end of the summer. I remain excited about the Group's future and its scope to continue to successfully grow market share." *HMRC National Statistics monthly property transactions completed in the UK with value of £40,000 or above Enquiries: ULS Technology plc Tel: 01844 262392 Peter Opperman, Chairman Ben Thompson, CEO John Williams, Finance Director Numis Securities Limited (Nomad & Broker) Tel: 0207 260 1000 Stuart Skinner / Paul Gillam, Corporate Advisory Michael Burke, Corporate Broking Walbrook PR Limited ulsgroup@walbrookpr.com or Tel: 020 7933 8780 Paul Cornelius Helen Cresswell Paul Whittington Nick Rome This information is provided by RNS The company news service from the London Stock Exchange END MSCLFFFFISLLVIR
Not a case management system Berghaus. More like a monysupermarket/gocompare/comparethemarket etc for conveyancing solicitors, and going forwards for other services (wills, estate agents).
Thanks Fatchap88. A good post. Seems ULS were United Solicitors Ltd in 2002 and then changed name in 2003 to United Legal Services Ltd. So ULS is a case management system, in essence. Eversheds/Linklaters/Irwin Mitchel all build their own in-house case management software so in an ever crowded marketplace I'm not sure how you can squeeze a huge amount of shareholder value out of this. All the websites linked to ULS talk about how competitive they will be on price. Sell our product to your client and be the cheapest. I can't see an obvious profit, especially if a house market crash is on the horizon. For me there is no USP for ULS!
The Group's business was founded in 2003 and provides an online comparison service for residential conveyancing and related legal services and searches through its proprietary eConveyancer platform. The eConveyancer platform enables customers to obtain residential conveyancing quotations from solicitors based on information parameters specified by the customer, presenting the customer with a range of available firms sorted by distance, satisfaction rating and fees. An all-in quotation is generated upon the customer selecting a conveyancing firm and if the customer chooses to proceed, the platform then instructs the solicitor to conduct the conveyancing. The platform is fully automated and accessed online. The Group offers its eConveyancer platform directly to distributors and customers both as an own-brand product and as a white-label product based on the same technology. The Group has entered into white label arrangements with distributors such as BM Solutions, a division of Lloyds Bank plc, and Moneysupermarket.com, the price comparison website. The Group takes an active role in managing the service provided to end customers by the solicitors and search agents who receive appointments through the platform. The eConveyancer Searches and ID Checks products facilitate the order and delivery of legal searches and ID checks. These products enable solicitors to order legal searches commonly required on a residential conveyancing transaction from a range of service providers partnered with the Group, along with identity checks on their clients. Mortgage intermediaries are also able to utilise the product to obtain quotations for, and order, energy performance certificates. The Company's main country of operation is the UK.
Hello number2 Like you I'll watch it in the morning and see what's occurring I've been having a dig around and I found all sorts of info about the major shareholders, mostly ii's, but I can't find any info about what ULS do.
... as they say in Sparta! Think I'll wait on this one til the shorters have had their fill. I could be horribly wrong though!
Sorry beat you to it, couldn't resist it, Might buy a few myself if LLOY build up my cash pot tomorrow.