casabanker
07 Dec 2015
Quindell syndrome UTW have an aggresive accounting model which records income before it is received. This method was adopted by QPP and we all know what has happened to that Company. The difference, however, is the fact that not all of QPP's income could be collected whereas UTW's can. This should mean that if UTW's management can sort out a system to collect moneys owed more quickly, the benefit will show in the sp ---- unless there is something else wrong that I am not aware of. Suggestions here please.Casa.
casabanker
01 Dec 2015
Re: Opportunity... I have bought two more small tranches today at just over 149 and 148.13. Casa.
lambrini girl
01 Dec 2015
Re: Opportunity... agree..worth a punt.weak buy..
FRTEB
01 Dec 2015
Re: Opportunity... Second tranche bought @ ~150.
casabanker
25 Nov 2015
Re: Opportunity... Hello FRTEB,i have seen no more about the over statement of profit. Notwithstanding, I have bought two more small tranches averaging just over 162. I was waiting for the sp to reach 150 as predicted by "BANG ON" but it hasn't happened. I think UTW looks okay and the sp should progress imo only. Casa.
FRTEB
20 Nov 2015
Re: Opportunity... "UTW appears to be suffering from growing pains. However, I think it has much going for it. It's profitable, has good cash flow, cash on the balance sheet, increasing profit and turnover, a low PER of just over 10 and has just increased its dividend to 5p. In addition the sp has fallen significantly. Is it a buying opportunity?" ---------- ---------- ---------- ----Good question. The only thing spooking me is your post from 6/11. All about nothing or thin end of the wedge? A statement from the company would be good...
casabanker
20 Nov 2015
Re: Opportunity... UTW appears to be suffering from growing pains. However, I think it has much going for it. It's profitable, has good cash flow, cash on the balance sheet, increasing profit and turnover, a low PER of just over 10 and has just increased its dividend to 5p. In addition the sp has fallen significantly. Is it a buying opportunity?Casa.
MacPithy
19 Nov 2015
Re: Opporunity... Where to next; or is this one for the bottom drawer??
lambrini girl
16 Nov 2015
Re: Opporunity... nice bounce..shudd reverse to 150 soon..<<BANG ON!!
FRTEB
16 Nov 2015
Re: Falling knife Down 12.50 (-7.35%) to 157.50 as I type. No news that I'm aware of to explain the fall.
casabanker
10 Nov 2015
Falling knife The rout continnues. If it's anything other than already mentioned, perhaps the Company will inform us. I'm certainly not buying anymore but it does look like the drop has been over done.Casa.
casabanker
06 Nov 2015
I managed to buy some more this morning at 175 including costs. This afternoon I read about UTW overstating profits by £1million due to an accounting error. I haven't seen anything in the news section but I don't have a daily newspaper anymore. The note I saw today was from Shares magazine and they recommend to avoid buying UTW. I'm glad I didn't see that before I bought.Casa.
casabanker
06 Nov 2015
Re: UTW, To be Tipped, This weekend.? The sell off of UTW this week looks inexplicable and overdone imo. I must try and find some cash in order to top up as the level of 173 looks like a buying opportunity to me.Casa.
oldjoe1
04 Nov 2015
UTW, To be Tipped, This weekend.? UTW Utilitywise PLC......QUICKY (on hols back tues) UTW Utilitywise . LONG. Think this one will be picked up by tip sheets this weekend. (SCSW) new supplier agreement, past follower of this stock, flimsy resistance on the chart.
IOMINVESTCOM
30 Oct 2015
Re: Paul Scott's view nb - Forgot to add to the post a well written view point on UTW which I totally agree with.Well done PS
