Member Info for KNIGELK

Yes it is - but it's over six years remember... not sure whether company will spread this over the six years or bank the bulk of it early/late in contract period.. of course share price s/b higher - but after years of being at or below the 1p level - it may take a little more time to gather interest and re-rate to 5p and beyond.. Just keep adding on the dips imo gl

Easy really - if you had shares at 0.8p or near this level (pre RNS news) and the share price goes above 3p - most current holders will decide to sell out or at least top slice .. and perhaps buy back in later ... good news is that we have levelled out and should test 3p again soon gl

..the drop unless LTHs have been banking profits... sure it will go back up soon gla

Anyone is entitled to an opinion - and no thread s/b 100% positive or negative - we need a mixture of view points to help with our investment decisions. You reckon 2.5p is fair value - that's fine... others reckon it is higher... I think we all agree that the share price s/b far higher than sub 1p pre this news - and whether you are invested or not - UVEL is now one to watch and trade gl

There is a reason for the rise here - a recent RNS - better to be in a share with news than chase a share without news or that has already risen 500% on not significant news GL

Do you know what - I have no idea what is fair value .. but you cannot say the contract was not a game changer here? Also possible future contracts pending and maybe better margins on this new revenue deal? Anyway now looks oversold imho but can understand profit taking - especially from the 1-2p buyers

Hardly a trade today .. and no posts after last week.. .still these shares go in cycles .. one RNS and up we will go to 6p plus imho... plenty of shares out there due to move higher - take a look at MIN .. due massive re-rating if Crete update is positive as expected...

Agree - added this morning.. and at least there has been a RNS to explain recent rise and re-rating (see MOS - going up with no reason today except a lot of new posters).. GL

I thought 4.15p was the new floor?

Added .. some banking profits which allows others to buy/add.. good trading share atm

Re your workings.. re current pre contract turnover.. share price should have been 1.8p(3 or 3 x revenue) but was rarely over 1p.. so not all companies - even in the same sector - act or are valued the same way... charts and calculations should be used as a (great) guide but cannot be a certainly for predicting future share price - if so we would all be millionaires! However your findings do point to a decent week here gl

Interesting thanks (tbh never have the time to do this type of research) and I respect your posts - I have held UVEL on and off for years and getting above 1.2p has only happen once or twice .. until now... yes after all this time - work by the company behind the scenes has resulted in this material contract with perhaps more to come .. all I am stressing is that from years of sub 1p share price we are now at near to 5p - so how much of this news is factored into the price and I personally have a holding but hope no one will chase a spike - we both know these types of small cap shares can move sharply and eg. if we are suddenly at 7-8p next week .. you would be taking a risk continuing to chase and the risk would grow of a profit taking drop .. so hope we all watch and trade with targets here next week and going forward - btw agree 4p plus is now likely to be the floor gl

10p? 12p? Come on .. why not 20p? Any facts on your predictions? Remember two things 1) £ 38 million contract is over 6 years - and it's not profit - it's revenue - so what are the margins? and 2) share price has already had a re-rate of 370% (!!) last Friday - so getting to 5-6p will be good but any higher and obviously the day trading crew will be here .. and never wise to buy on a spike - if you think this has got legs - buy early ... but if it opens too high.. hold off imho gl

Agree with your figures - maybe the company could not provide margins etc. due to market sensitive reasons but hopefully margins will be better? Also company worked on this deal for many months .. so perhaps focus has been gaining this contracts and other large contracts may still be some months off.. also possible expansion may mean more funding needs at a later date.... so in short - if you hold .. no reason to sell but no reason to chase higher either.. probably 5-6p next week but I personally will top slice if share price goes any higher - we should all have buy and exit targets - best way to make money GLA

You do not call a 370% share price rise a re-rate? Jezz - what were you thinkg 5 fold? 10 fold? 20 fold? Look at the market value - the share price is more realistic now after this news.. probably still has reasonable upside but I am more interested in whether this is an one off or the start of a new dawn..

Indeed current PE ratio is ... 109 so probably new PE ration around 12-15 .. still brilliant but perhaps most of the re-rating has happen for now??? Until further contracts...

My guess is 10p is the max. share price for fair value until more contracts won... £38 million over 6.5 years is £ 6.3 million revenue per year.. (presuming similar year on year).. hopefully better margins than the £100k profit on current £3.5 million turnover... Let's say £1 million per year profit (no idea) that would leave PE in double figures already.. growth opportunities demand a higher rating - but lets not get ahead of ourselves - share price already up four fold today - so double current price will do just fine for most of us... GLA

As last it is good to see a spike that is valid - and I guess further update to go ... works out about £ 6 million per year in revenue - double current turnover - so margins and profits should be decent going forward but now at £18 million market value -- hard to work out fair value... Held UVEL on and off for years - recall a demerger/sale a while back (?) so perhaps sticking to its core business has resulted in this contract win - and maybe more to come... GLA

In the period under review, I was not called upon to provide working capital support to the Company. (GOOD) My letter of support was renewed on 14 November 2016 for a further year. (GOOD) Loans provided by me, other than those covered by the CULS agreement, are unsecured and accrue interest at an annual rate of Bank of England base rate plus 2.15 per cent. In addition to the loans I have provided to the Company in previous years, my fellow directors and I have deferred a certain proportion of our fees and interest payments until the Company is in a suitably strong position to make the full payments. At 31 December 2016, these deferred fees and interest payments amounted to approximately £1,675,000 in total, all of which have been accrued in the Company’s accounts. ** So all I am saying is that probably at some point the loans will be converted into shares - just my opinion although to be fair this has not happen for years so perhaps the company will make enough to repay in full over the next few years - but its the only current factor that is still of some concern (to me).. otherwise of course contracts will push company into profit making.. and market value is low... and a director backing a company is a big positive... all I am saying is that nothing is a cert... not here... not anywhere GL and holding at 3p... reduced recently on spike..

Good - just as I state my opinion with facts - the fact that the company has promised so much for years - and for years the company share price did not move much and director loans were required for funding and that the company is still (at the moment) loss making -- so please excuse my current non plus belief that it will be different this time - as a long term holder... however you probably have only recently invested (the spike caused a lot of attention).. sorry if wrong... so probably will not have to wait year after year for news to change fortunes ... I simply will believe it when I see it... GL