Informal mix n cash Any ideas on whether to go for increased cash election or stick with shares in Informa?
Re: CMI Acquisition Another Beaufort note out this morning: "The diversification of UBM's electronics media portfolio bodes well for its Events First strategy. The move would enhance the alignment in its portfolio of events and other marketing services. Last week, UBM acquired Content Marketing Institute, which further strengthened its position in the US events industry. Content marketing is an exciting sector, which complements UBM's presence in the technology sector. Recently, UBM released a trading update and stated that its performance was in line with expectations for the year to date (18th May). Large events such as Game Developers' Conference, MAGICVegas, Enterprise Connect, MD&M West and Hotelex/FineFoods continue to drive performance. The company progressed further by integrating the Events First strategy with its new customer relationship management (CRM) platform; its savings from procurement remain on target. The integration of the recently acquired Business Journals, Inc. is underway." from Research Tree
Pulled this from Beaufort's note out this morning on Research Tree: "The diversification of UBM's electronics media portfolio bodes well for its Events First strategy. The move would enhance the alignment in its portfolio of events and other marketing services. Last week, UBM acquired Content Marketing Institute, which further strengthened its position in the US events industry. Content marketing is an exciting sector, which complements UBM's presence in the technology sector. Recently, UBM released a trading update and stated that its performance was in line with expectations for the year to date (18th May). Large events such as Game Developers' Conference, MAGICVegas, Enterprise Connect, MD&M West and Hotelex/FineFoods continue to drive performance. The company progressed further by integrating the Events First strategy with its new customer relationship management (CRM) platform; its savings from procurement remain on target. The integration of the recently acquired Business Journals, Inc. is underway."
CMI Acquisition Pulled from researchtree: The acquisition of CMI strengthens UBM's portfolio and position in the US events industry. Content marketing is an exciting sector that complements UBM's presence in the technology sector. Recently, UBM released a trading update and stated that its performance was in line with expectations for the year to date. The large events continue to drive performance, most notably, Game Developers' Conference, MAGICVegas, Enterprise Connect, MD&M West and Hotelex/FineFoods. The company made good progress in the implementation of the first events transitioning onto the new Customer Relationship Management (CRM) platform and in procurement savings on target. Integration of the recently acquired Business Journals Inc is underway.
Beaufort's note out this morning, it's free to download from Research Tree... "The acquisition of CMI strengthens UBM's portfolio and position in the US events industry. Content marketing is an exciting sector that complements UBM's presence in the technology sector. Recently, UBM released a trading update and stated that its performance was in line with expectations for the year to date. The large events continue to drive performance, most notably, Game Developers' Conference, MAGICVegas, Enterprise Connect, MD&M West and Hotelex/FineFoods. The company made good progress in the implementation of the first events transitioning onto the new Customer Relationship Management (CRM) platform and in procurement savings on target. Integration of the recently acquired Business Journals Inc is underway. In light of the developments..."
PR Newswire Sale They got a good price for it, however returning half of the profits sold from PR Newswire in form of a special dividend? Very unsustainable, surprisingly I'm a little disappointed considering Debt currently stands at £600m.
UBM looking undervalued? Some additional data on LSE:UBM [link]
Mother of all timings. Well, despite this being a good share - this has been the worst timed share I've ever invested in.Bought in at 630.RNS to buy Advanstar Communications, undecided to how it'll be bought.FTSE Drops on Global Growth Fears.Re-bought in at the 570 Dip.UBM Decides to fund via Rights Issue.****sticks.Thankfully, UBM Offered a very attractive Rights Issue, but it's been a big lesson learnt on timing. But I'm still holding as I do indeed think this'll be a nice long term share.