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UPGS

Profitable Outfit with Top Brands Even Older than Me Looks Set to Boost its Share Price

Hello Share Planners. It’s possible you’re not familiar with a company called Ultimate Products Global Sourcing (UPGS). But you will have heard of its own brands or those it has under licence. They include Russell Hobbs, Dreamtime duvets and Beldray vacuum cleaners. And it recently snaffled Salter scales. All these are quite must-have things that could defy the effects of the higher costs of living.

By Malcolm Stacey
257 days ago

UPGS

UP Global Sourcing – supply “now broadly normalised”, but now demand...

Previously writing on audio, heating/cooling, housewares, laundry, luggage and small domestic appliances “value-focused consumer goods” company UP Global Sourcing (UPGS), last month with the shares at around 60p I concluded I do see longer-term recovery potential from here, but the current financials and manufacturing situation see this only, for now, on the watchlist. Today a “COVID-19 update”…

By Steve Moore
1290 days ago

UPGS

UP Global Sourcing – set for profitability in line with market expectations… or not?

A “Trading Update and Notice of Results” from “value-focused consumer goods” company UP Global Sourcing (UPGS). Particularly pertinent as “the majority of the group's manufacturing is based in China”…

By Steve Moore
1328 days ago

UPGS

UP Global Sourcing – order book ahead, so why no meaningful share price recovery?

Beldray, Intempo, Salter, Constellation and Progress consumer goods brands company UP Global Sourcing (UPGS) has updated on its year ended 31st July 2018 and on current trading and outlook, including “the FY19 order book is ahead of this time last year”. Why only a slight share price recovery, to currently still sub 33p, then?...

By Steve Moore
1846 days ago

UPGS

UP Global Sourcing – despite listing less than a year ago… ANOTHER profit warning!

A Trading Update and Notice of Results announcement from consumer goods company UP Global Sourcing (UPGS) including “it should be noted that H1 2017 was an unusually strong period for the group” - this in an update for its half year ended 31st January 2018. Uh oh…

By Steve Moore
2056 days ago

Tom Winnifrith Bearcast - insider dealing is investment, anything else is pure speculation

No I am not talking about Sam Smith's beau, the CEO of Telit (TCM), white collar criminal Yosi Fait. Instead I am talking about betting on oil exploration calls. I cover Jersey Oil & Gas (JOG), formerly Crap Oil, Providence Resources (PVR) which has always been a crap company and I look at Stellar Diamonds (STEL). I then look at the ghastly profits warning at UP Global (UPGS) and the read across from that. There will be more on the Big Issue seller in the Silver Merc on my own website later.