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.
Should push this higher today only reason it dropped yesterday was the markets... down with the markets... up with the markets right? Deal getting closer aswell
The chance of the UK and the EU agreeing a Brexit deal has grown in the last few days, the head of the European Commission has said. Speaking to the Austrian press, Jean-Claude Juncker said that while he was not sure an agreement could be reached by October, it could be by November. Foreign office minister Sir Alan Duncan also expressed optimism that a deal could be reached before December. The UK is due to leave the EU on 29 March 2019. But there is still no agreement on some issues, including how to avoid new checks on the Irish border. ■ Brexit: All you need to know ■ At-a-glance: The new UK Brexit plan ■ Brexit: Key dates and potential hurdles Asked in an interview whether an agreement could be reached at the next meeting of European leaders in 11 days' time, Mr Juncker said: "We are not that far yet. But our will is unbroken to reach agreement with the British government." He also reiterated his position that a no-deal scenario "would not be good" for either the UK or the EU. EU officials gave an upbeat assessment of progress in the negotiations on Friday evening and reported a better atmosphere in talks over the Irish border. That prompted sterling to rise against the Euro and the US dollar. The BBC's Brussels correspondent Adam Fleming said officials still "seem to be pushing for the whole withdrawal agreement to basically be done" by the EU summit on 17 October. "Although, if we have learned anything from Brexit it's that the timetable is incredibly flexible, to use diplomatic language," he told BBC Radio 4's Today programme. On Saturday, Downing Street distanced itself from suggestions - reported in the Daily Mail newspaper - that they are concerned Mr Juncker is trying to "bounce" the UK into agreeing a Brexit deal by mid-October. Meanwhile, the Guardian reported senior Conservatives had been in private contact with a number of Labour MPs to persuade them to back Theresa May's Brexit deal. Some Labour MPs who were mentioned in the article took to Twitter to refute the claims. Rachel Reeves tweeted: "All the Labour MPs listed work hard and fight Tories locally and nationally every day." It comes weeks after the head of the European Council Donald Tusk said Theresa May's Brexit plans were unworkable. Both sides had hoped to finalise the so-called divorce agreement and agree a statement on their future economic co-operation by the October summit. But last month, the EU's chief negotiator Michel Barnier said that if both sides were "realistic" there could be an agreement by November, when a special one-off summit has been arranged. The European Commission is also considering whether to publish an analysis of where the two sides agree on elements of their future relationship. It could appear alongside the EU's latest contingency plans for a no-deal scenario, which will be released next week. Speaking on BBC Rad
nice rise today. doing well considering markets are weak today. touched 40p on the offer. spread is huge. a chance we hit low 40s by end of week.
Breaking out..!!!
i thought the IPO price was about 128p.
Of 1.50. This could well be a major growth stock now for 2020 and onwards
i don't know about strong online growth.. they sell on Amazon marketplace AFAIK and not their own website. but its better than no online sales.
It was only last year the director bought 300,000 shares at 94p
Several good aspects to Equity Development's research, they mention the negative sentiment against retailers but UPGS is not a retailer. It has a diversified set of brands, offered in multiple territories through multiple channels with strong growth online. It has a strong balance sheet and the share is undervalued.
Seems like a good contrarian opportunity.
Bought some more when the market opened.
yabba dabba doo!! hold tight guys bumpy ride ahead for sure.
Looking it's ready to rise at last!
EQUITY DEVELOPMENT INITIATES RESEARCH Ultimate Products Global Sourcing Holdings PLC (UPGS) looks well placed to return to growth. UPGS enjoys a combination of well-known household brands, a proprietary approach to managing those brands, and significant growth headroom within its distribution channels. Moreover, after a challenging H1, sales trends improved in FY2018 H2. With a strong management team and, arguably, an attractive valuation, the shares should attract investors’
Share. Mkp so tiny compared to income. If we get the slightest hint of growth this will likely double in share price
Can buy less and sell more always a good sign. Should be over 50p by now
with sudden increase in volume, It is hard to believe this price will remain not changed for rest of week. I doubt there is much down side space. Hopefully it is typical "fishing Line" day pattern.
Update was good but Share price slipping back again on back of a few sells, can’t now see this moving up for a very long time if at all
Yep, I'll take that! Up 10% already in early trading. Very nice too.
(1) increased listings and the store expansion of UK and European discounters; (2) increased penetration of UK supermarkets; (3) growth in sales via online platforms; and (4) international expansion.
Good post, sage. There has been a definite case of herd mentality here, with panic selling going off all over the place. My average here is extremely low now, so I'm happy to sit on it and hold for as long as it takes to bounce back. Fundamentally a good business which was overvalued before the bad news hit. My view is that it's now significantly undervalued.
No idea woth my average of 80p I've lost interest and consigned these to the drawer :/ I haven't even bothered topping up. I might topup with a £1k dividend payment I have coming in near the end of this month from another share.
Do you know when we are due the next news?
I think it unlikely there is a specific reason for the fall at present other than the general sentiment surrounding retail and in the U.K with the Brexit doom mongers prediction no meltdown. Remember the market in these shares is relatively tight. Any good news will leave people scrabbling for what little stock there is around. Same on the way down from circa £2! A lot of people will have bought at circa 35/40p (PIs mainly) and will have hit stop losses. The news would have to be pretty bad to send this down big time again. This is still a profitable business at present paying a decent dividend. People always need irons, kettles and scales to name a few. I really think it’s sentiment at present.
This is starting to get really frustrating, low activity, a few small sells and the price bombs again. I can’t see any logical reason for this, can someone enlighten me?
The interim dividend halved lol - I did wonder why I only seemed to be a few quid. Shows how much I've been paying attention. So I suppose we can assume the final will be halved too.