Universe Group

2588 days ago

Universe Group – interims argue “a solid platform from which to drive future growth”, BUT…

Point of sale, payment and on-line loyalty systems developer and supplier Universe Group (UNG) has announced results for the first half of 2017 and boardroom change…

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2953 days ago

Universe interims, minor glitch but still a buy

Universe Group (UNG) has announced results for the first half of 2016 showing increased earnings, but noting full-year performance “will be slightly below management expectations”.

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3120 days ago

Universe Results & Company chat - buy

Point of sale, payment and loyalty systems group Universe (UNG) has announced results for the 2015 calendar year and that “a combination of customer expansion and a broadening product portfolio means that we are confident that the pleasing progress that the group has been made so far can be continued”. The following updates post a chat with management.

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3318 days ago

Universe Group - cracking contract win - still upside in the shares

Updating on interim results from Universe Group (UNG) a few days ago,  we noted that a second half weighting does mean elevated risk to forecasts, though management’s quiet confidence reassured. On Friday the company has announced “a major contract with Conviviality Retail Plc, the UK's largest franchised off-licence and convenience store chain with the Bargain Booze fascia”

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3487 days ago

Universe Group - 2014 numbers: all on track: buy!

Developer and supplier of point of sale, payment and loyalty systems, Universe Group (UNG) has announced results for the 2014 calendar year and that “we look forward to 2015 and beyond with confidence”. The following updates post a chat with Chairman Robert Goddard and CEO Jeremy Lewis.

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3574 days ago

Universe Group a Penny Share tip at a 7.5p offer

Investment Case: September-announced interim results from Universe Group plc (UNG) saw the company report “delays in getting customer go-ahead for planned projects… (but) significant progress in establishing our refreshed product set in our chosen markets… We look forward to strong trading in the second half of the year”. The shares subsequently fell towards 5p having been 7.5p early in the year. However, there is clear evidence that trading momentum has indeed since been positive and with the shares still now available at a 7.5p offer price, they are a penny share buy.

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4336 days ago

Universe – the recovery continues

Shares in AIM-listed payment and on-line loyalty systems company, Universe Group (LSE:UNG) are an award winning disappointment of a share tip from my 12 years founding and running t1ps.com. Once again I can only apologise. However, I updated readers of this website in October – with the share price then at 2.75p – suggesting that, having already recovered from lows at the start of the year of 1.25p, there could be further recovery ahead and it was time to average down. Now at 3.75p, the following updates my view following a trading update released yesterday…

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4406 days ago

Universe Group – Speculative Recovery Buy?

Universe Group (LSE: UNG), a developer and supplier of payment and on-line loyalty systems, is a long-running, and long-running disappointment of a, recommendation from my past. I apologise to those who have lost money in the shares over the years due to me. Management cocked up and I should have bailed years ago, having tipped the shares at 41p in 2001. I got it wrong and am sorry for that. However, the shares have recovered from lows of 1.25p at the start of this year to a current 2.75p (capitalising the company at £5.2 million). Could there be further recovery ahead? An analysis of the company’s results and statement for the first half of 2012, released last month, suggests there could be and this is why…

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