Universe Group (#UNG) – recommended 12p per share offer
- 2021-11-23 07:58:59
UK 08:16 Wednesday, 28 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
A trading update from retail management, payment and loyalty systems group Universe (UNG) includes “revenue for the second half of the year is expected to be in line with that of the first half… the company still expects to report a modest level of adjusted EBITDA profitability for the full year” and that it “has a strong financial position”. So why an approaching 12% share price fall, to 3.75p, on the back of the update?...
Point of sale, payment and loyalty systems group Universe (UNG) has updated including; “Trading in the first half of 2019 has been in line with expectations… as in previous years the trading performance for the full year will be weighted towards the second half. I look forward to providing further updates in due course”. So set to be in line with expectations for the full-year… or not?...
Previously updating on point of sale, payment and loyalty systems group Universe (UNG) just over a year ago with the shares lower towards 5p, I wrote 2017 results, outlook “solid”… other than a “significant uncertainty”! – concluding I awaited a more reassuring announcement before considering from the watchlist. Recent results have now been followed by a “Directorate Change”…
Previously writing on point-of-sale, payment and loyalty systems group Universe (UNG), I concluded with the shares at 6.625p last month that they then still only at best for watchlists awaiting the company to more reassuringly announce. It is now “pleased to announce its audited results for the year ended 31 December 2017”, having “continued to advance as a business during 2017, with the production and roll out of our next generation electronic point of sale solution and payment terminal, Gempay 3”…
Having slid below 6p last month, shares in point of sale, payment and on-line loyalty systems group Universe (UNG) are currently at 6.625p on the back of recent newsflow…
Point of sale, payment and on-line loyalty systems developer and supplier Universe Group (UNG) was until recently a constituent of the Nifty Fifty portfolio. However, we concluded a couple of months ago to sell now and bank a small gain at 8p due to fears of a profit warning. Today a “Trading Update”…
Point of sale, payment and on-line loyalty systems group Universe (UNG) has announced it has commenced the roll-out of its new Gempay 3 payment solution to fuel forecourts – and the shares have responded more than 5% higher. So, good news following recent interim results concern?...
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…
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”.
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.
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”
