Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Have a look at: http://www.ft.com/cms/s/0/caf1c246-72b8-11e0-96cd-00144feabdc0.html#axzz1L1Zf6wYn Wonder what week starting tuesday will bring!
for some years. this should not be a one off now the pension problem is no more Link to their results. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=UNIQ&ArticleCode=5cjh4hfj&ArticleHeadline=Final_Results
Bids on the board yet? Some hands should show soon (well in next few weeks?) Like the steady rise must be caused by those holding on as the volumes are low. - "Bated" breath? or should it be" Baited" breath in this case?
Everyone holds on we need more buyers and less sellers! then perhaps we will all win!
Bids lets see! - I see this as a strange partner - it seems to be a Shop for vitamins, supplements, minerals, herbs, sports nutrition, diet and energy, and health and beauty products at gnc.com! Maybe google lead me to the wrong GNC. Uniq might be more suited to one of the European food sector companies. Don't forget M7S is not their only large name they process for. Could be interesting I don't need them to be worth as much as sipper; but they might just make more with 5 efficient factories compared to six less efficient factories and some european additions when I firt got into this share a 4.7p (now 47p for a tenth of the share qty))
should be higher if you look at history. BUT as always with shares its not always the accounting fundamentals. When the punters saw the company sell off the european assets and did not seem concerned about the 400m pension deficite the shares managed 47p at one stage and the chat was - "it will go higher". so you could value the the 400m as 47 less eight pence. (Only provided you expect the punters valuation to match that previous valuation.) Equally you could look at the accounting and value the shares at about 20p. But the punters will say the compay has come a long way since then in terms of operating profits. So as always DYOR !
Not selling until I can get the original cost back - so they can't have mine - even at my averaged price!! But when I sell I will do it in small packets. (Maybe I wait until they start paying dividends -LOL)
and away - its a lovely spring morning!!!
Hi zoomer and HedgeFund Its time the punters realized the firm is worth more once the pension debt has gone. It stands the chance of really making sales fly and profit grow! Love to see 18.5p shares come true! My 4.7p ones are OK. I'm Holding on any way.
Uniq is good well manged company needing to restructure and it needs your vatoes "for" the court regulation and "for" the resolutions. Otherwise it will not get out from under so if you are shareholders and fail to vote just because the document is complicated you could just trash the firm and that is in no ones interest, shareholders pensioners or staff. Read the warnings and vote "for". Fail to do that and you could loose all.
I agree that the document is long but two things stand out 1 Back the management team or all is lost 2 the intention was to preserve the value of the shareholders investment at the time of the proposal ie any thing over 7p was good and anything under 7p was going to bad based on the share price at the time of the proposal now that proposal has been agreed with the regulator and needs approval from the existing shareholders. Thats the english as I understand it ... Have not quite fathomed the aritmetic but it seems rely on the 10p shares having parity with the new 1p after its all on the AIM. This means we had better see 70p on the old 10p shares I think which is close to a proper value for the firm without the Unigate tombstone around its neck!!! (Whoops! Pensioners don't take that personally!)
Did you really mean 2 not 1? - Just an innocent? - I thought the cap was going to be increased. 1 - Because it will need to factor the revised market cap in ! or 2 - But it will need to factor the revised market cap in ! Please explain 6 v 1 !!! I am not savvy enough obvioulsy.
Reading the almost unreadable text that came with the voting forms it looks as if new shares at 1p each will be issued and replace the existing number of shares held but the % don't quite match. We could do with a Plain factual statement from the company on this matter - just so that we know! No critism of the detailed doc that John warren sent us - It was dressed up in the needed legal-english.
I'm in it as family work in the group. My firm just imports and buys at distributor rates and sells into both the wholesale and retail markets.
With hindsight the pension deficit had already started when Uniq was formed out of Unigate’s empire. Unigate had a very generous final salary type of scheme. It probably was not even really affordable then, and certainly isn’t some years on. Thus the present management is not responsible for the structure but have been landed with it. Had share values and dividends and bond stuff all been as they were then the deficit would be small or maybe even nonexistent. HOWEVER today’s stock market and trading conditions are very different and I feel we should feel very lucky that we have a team that is trying to look after us and in fact succeeding if judged by trading results and reduced costs. We all lose the occasional large customer and it hurts for a while but strong companies file the gap pretty quickly. I have had major customers stolen by our suppliers in the past but our little firm just grits its teeth and gets smaller ones who grow to replace them
good results by any any other firms standard A-2Tha-j maybe its actually a chance to top up. What do you think?
Good news travels slower than bad. Does anyone know when the trading statement is due? Who remembers the heady days of 40p per share and every one was forecasting more. We still await resolution of the pension issue and for good or bad for sure the uncertainty is holding the price down. The factories and sales force have been working hard and the internal costs are being reduced daily evn in these times. Lets fill this part of the forum with good news and a rising SP!
Hi, I am not sure that the pension fund would have first call and tax etc usually come first then pensions. HOWEVER liquidation must be the last thing that the pension fund wants or needs. and with five factories with operating profits the liquidating accountants would simply sell the firm to one of the vultures in the wings. Where would the share holders be in that picture - and where what would the the pensioners gain? MORE importantly while the M&S contract is valuable ther seem to be lots more sales going on to other areas now everyone at the operating and sales level seem to be benifiting from increasing factory efficiencies. I don't think the interim statement told us enough to have a definitive view and that is whats nerve racking while trying to keep the faith!!! - which currently may look like weird stance.
I hope once the short term traders have sold out. and the pension deal is finalized anupwards trend could be established again. But the SILENCE is not so much as deafening but NERVE RACKING for those hold large numbers of shares - Should have got out at 40p!!!! Still have faith in the management and the five factories all seem to be busy and running at increasing trading profits. Logic says this must get better even if the pensioners own us and the current account is good. While I am a pensioner I think I would prefer a smaller pension to uncertainty perhaps I should drill some more holes in my belt!!! Keep with us and buy into a good company DYOR however.
Agree with share stalker;but how is he calculatiing my 10% holding if each remaing share is worth 70p at handover point?