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.
UPGS makes product in China, so this is probably dropping due to impact of product shortages due to Coronavirus.
If the Chinese manage to get it under control quickly, it may not have much of an impact and UPGS share price could quickly bounce back.
Standing by ready for a quick top-up.
No apparent reason
UPGS went ex dividend today, hence the 3 p drop.
Look forward to receiving a nice dividend payment by the end of the month plus continued price appreciation, all looking good here at the moment.
The UPGS presentation and stockopedia reportfrom our recent Birmingham company seminar can be found in our members area here: https://sharesoc.ning.com/xn/detail/6389471:Comment:55218
To access the presentation, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/
Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the presentation (and presentations on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/
Anyone thing people are not pulling their weight
Andrew Gossage, Managing Director of UPGS presents at our growth company seminar in Birmingham on the 3rd December may be of interest to shareholders and potential investors: https://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-birmingham-3-december-2019/
We have a growth company seminar in Birmingham on the 3rd December and Ultimate Products are presenting, may be of interest to shareholders and potential investors: https://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-birmingham-3-december-2019/
We have a growth company seminar in Birmingham on the 3rd December and Ultimate Products are presenting, may be of interest to shareholders and potential investors: https://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-birmingham-3-december-2019/
Great set of annual results and a nice bump up in the sp yesterday. This is such an 'under the radar' share. Would be good to see it break out past 100p again, where it certainly belongs.
no idea, maybe in anticipation of full year results on 5th Nov - 2 weeks away
Anyone any ideas about the reason for today ?
Ultimate Products are presenting at Mello London this year. Save over £80 on the 2 day Mello London ticket if you are a full member of ShareSoc. For more info see - https://melloevents.com/event/
If you are not yet a full member of ShareSoc and want to benefit from the heavily discounted tickets see: https://www.sharesoc.org/membership/full-membership/
could do with some director buys at this low level to kick start this share. LUCE has risen on similar today
I'm also in UPGS and Luce and I think the reason for the different response today is probably due to trading volumes.
Luce has a market cap of £129m and UPGS is £60m so roughly half.
But Luce had 321 trades today with £800k of buys whereas UPGS had only 48 trades with buys of £66k.
This lack of volume means the market makers push for a higher bid/offer spread.
Luce bid/offer is 80.00/80.40 whereas UPGS is a ridiculous 71.00/74.00 and this keeps short-term traders away, which in turn reduces volume.
The good news for us longer-term investors is that we can accumulate slowly and eventually be rewarded on a re-rate.
GL all LTHs
Totally agree with that shandy!! Amazed there wasn’t a Luce proportion jump today
good YE numbers with both revenue and PBT slightly ahead of previously upgraded guidance.
With a current market cap of £60m and PBT of 8.5 that's a P/E of only 7.
Surely it should be at least 10 - so company valued at £85m - price per share c90p
can't believe this isn't rising steadily ahead of results in just over a week's time.
Seems very cheap for a company with £122m revenue and profits that will be above the £9m previously stated.
Still think this could hit £1 in next month
Yeah no reason other than than the obvious . There were some theories that sales boost was due to customers bulk buying before the unmentionable. Still profit is profit
why the sudden drop? Results due soon - should be ahead of expectation so over £9m. Give sus a P/E of c6. Silly valuation IMHO
Surprised we’ve not seen £1 after recent update ...still a long way to go here IMO
Great RNS and it's flying today. I'm happy with this being a 'hidden gem' as long as they keep putting out results like this. A 19% rise in the current market (at the time of writing) will get a few more eyeballs on it.
this share is a bit unloved. Good RNS but merely said what we've already known - profits will be ahead of previous guidance. On a 2020 P/E this is very undervalued
Yeah I'm holding for now as well. I'll reevaluate once it goes over 100p.
Started buying these last year from March to September at under 34p. Topped up at 62p in February and again at 75p in April. UPGS are obviously back in business! H1 sales up 36% etc. etc.
I see them over 100p soon before they go back over 200p in good time.
Not time to sell imho.
I first bought a bunch of these at 99p, then topped up a couple of times during the falls, as it looked like a sound company, so that my average ended up at 52p. I've sold a few in recent weeks to reduce my exposure, making a reasonable % profit in the process. Seeing the price back up in the 80's is making it increasingly tempting to sell the rest - but I can't help thinking there'll be some pretty hefty divs to come in the next year or so - aren't they planning to pay out 50% of PAT? Given the strong growth and prospect of decent divs, the optimist in me still sees these nudging £1 this year.