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<title>Univision Engineering Discussion</title>
<description>Univision Engineering Discussion Board</description>
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion</link>

<image>
  <title>Interactive Investor</title>
  <url>http://www.iii.co.uk/icons/logos/uk_logo.gif</url>
  <link>http://www.iii.co.uk</link>
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<item>
<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9407386</guid>
<title>Rant</title>
<description><![CDATA[ I find it very frustrating when you have the company trying to improve the liquidity in the shares, and then the MM's decide that they want a 23% spread...absolutely ridiculous!<br>
<br>
The current buy price is 0.64p v a sell at 0.52p. Very few people are selling, but new investors will be put off by the spread in my opinion. I don't know what the answer is, but it looks to me like pure greed. Rant over... By Optimist13 ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9407386&amp;action=detail</link>
<pubDate>Fri, 09 Mar 2012 09:07:00 GMT</pubDate>
<dc:creator>Optimist13</dc:creator>
</item>

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<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9388194</guid>
<title>Re: Director Buys</title>
<description><![CDATA[ &quot;Following this share purchase, the Board would like to reaffirm the Company's commitment to maintaining UniVision's quotation on AIM.&quot;<br>
<br>
It's a bit like the football club's chairman expressing his vote of confidence in the manager.<br>
<br>
Appreciate the feedback from the NED By Hardboy ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9388194&amp;action=detail</link>
<pubDate>Tue, 06 Mar 2012 08:35:00 GMT</pubDate>
<dc:creator>Hardboy</dc:creator>
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<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9386686</guid>
<title>Re: Director Buys</title>
<description><![CDATA[ Hi Hardboy, still here I see.  I can understand your concerns about the holding that Stephen Koo has, but I don't believe he has any intention of seeking to take the company private.  You may recall the statement in a previous RNS:<br>
<br>
&quot;Following this share purchase, the Board would like to reaffirm the Company's commitment to maintaining UniVision's quotation on AIM.&quot;<br>
<br>
I have subsequently corresponded with Nicholas Lyth, the recently appointed non-executive director, and feel quite comfortable that the intention of Stephen Koo is to try and  stabilise and support the share price.<br>
<br>
You will have probably read the recent broker report by Allenby Capital.  Whilst they are the company's broker, it does give quite a clear picture of the current position of the company, and I believe the company does have ambitions to grow the business, which would require further funding in the future.  We just need closure on the shopping mall, which to my mind, is the biggest hurdle.<br>
<br>
Anyway, his purchase today is welcome, and if we can break free of the current ceiling of 0.60p, who knows where the next level will be.  <br>
<br>
<br>
 By Optimist13 ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9386686&amp;action=detail</link>
<pubDate>Mon, 05 Mar 2012 19:46:00 GMT</pubDate>
<dc:creator>Optimist13</dc:creator>
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<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9362950</guid>
<title>Re: Director Buys</title>
<description><![CDATA[ He's bought more. I'm getting an uneasy feeling about this - all the indications that he's going to take it private on the cheap. By Hardboy ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9362950&amp;action=detail</link>
<pubDate>Tue, 28 Feb 2012 18:17:00 GMT</pubDate>
<dc:creator>Hardboy</dc:creator>
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<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9342478</guid>
<title>Re: Broker target 1.9p fair value.</title>
<description><![CDATA[ Another good day with reasonable volume, whats more important is the spread is decreasing which will make it more attractive for buyers to come in. <img src="/sites/all/themes/iii2010/iiicentre/discussions/emoticons/smile.gif"><br>
<br>
Great little company now and should do very well in 2012. By prostand ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9342478&amp;action=detail</link>
<pubDate>Thu, 23 Feb 2012 17:34:00 GMT</pubDate>
<dc:creator>prostand</dc:creator>
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<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9301599</guid>
<title>Re: Broker target 1.9p fair value.</title>
<description><![CDATA[ Well spoted clouded leopard<br>
<br>
At long last we might hopefully have some publicity for the company <img src="/sites/all/themes/iii2010/iiicentre/discussions/emoticons/smile.gif"> By prostand ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9301599&amp;action=detail</link>
<pubDate>Thu, 16 Feb 2012 12:38:00 GMT</pubDate>
<dc:creator>prostand</dc:creator>
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<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9301579</guid>
<title>Broker target 1.9p fair value.</title>
<description><![CDATA[ I see Allenby Capital have just released a research report on UniVision :<br>
<br>
<A HREF="http://www.allenbycapital.com/research/univisionengineering.html" onclick="return redirectcheck('http://www.allenbycapital.com/research/univisionengineering.html<br>')" target="_new" rel="nofollow">http://www.allenbycapital.com/research/univisionengineering.html<br></A>
<br>
Whilst there is probably nothing new in the report for long term holders here, it does illustrate the potential value of the company. Well worth a read in my view, and may also calm a few frayed nerves.<br>
 <br>
MONIS - 16 Feb'12 - 11:10 - 2275 of 2281<br>
<br>
<br>
re-rating due of some 300%. Sounds good to me.<br>
 <br>
bill182 - 16 Feb'12 - 11:12 - 2276 of 2281<br>
<br>
<br>
Just a snippet from the report:<br>
<br>
Fair value close to 2p can be justified With the debt reorganised the<br>
Univision balance sheet has been significantly strengthened and the P&amp;L will<br>
benefit from the removal of an annual interest charge of around &pound;0.5m. The<br>
core business is profitable and the company has a right to a property asset<br>
potentially worth around &pound;13m. Under a conservative approach where we<br>
value the shopping Mall asset at 50% of its book value we can still justify a<br>
sum of the parts valuation for Univision of around 1.9p per share, some<br>
300% above the current price. <br>
 <img src="/sites/all/themes/iii2010/iiicentre/discussions/emoticons/money.gif"> By clouded leopard ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9301579&amp;action=detail</link>
<pubDate>Thu, 16 Feb 2012 12:36:00 GMT</pubDate>
<dc:creator>clouded leopard</dc:creator>
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<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9272740</guid>
<title>Re: Director Buys</title>
<description><![CDATA[ it's an interesting play, I'm watching By dicko80 ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9272740&amp;action=detail</link>
<pubDate>Fri, 10 Feb 2012 08:31:00 GMT</pubDate>
<dc:creator>dicko80</dc:creator>
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<item>
<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9271171</guid>
<title>Re: Director Buys</title>
<description><![CDATA[ As you say - a complicated company (aren't all HK based AIM companies?)<br>
<br>
The impression I have formed is that they over-reached themselves in going for the shopping mall work, and got them selves in a mess, but it looks as if it has turned out OK after several year of uncertainty and (as you say) if they can liquidate their assets in the shopping mall their financial situation begins to look very sound. <br>
<br>
Whilst a director buying shares is a good sign that the director believes there is upside in the share price; this director effectively owns 71% of the business. If the company is really going somewhere he could force through a takeover, at a low price, see the good news flow come through, then re-list. <br>
<br>
Reassurances about being committed to their AIM listing could be a bit like the Football chairman giving a vote of confidence to the manager. By Hardboy ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9271171&amp;action=detail</link>
<pubDate>Thu, 09 Feb 2012 18:39:00 GMT</pubDate>
<dc:creator>Hardboy</dc:creator>
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<item>
<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9270095</guid>
<title>Director Buys</title>
<description><![CDATA[ This is really one complicated company ! <img src="/sites/all/themes/iii2010/iiicentre/discussions/emoticons/smile.gif"><br>
<br>
Whats good is that we are underpinned by a solid core business that is performing well.<br>
<br>
We are profitable and have an incredible reward potential IF the directors manage to liquidate the Shopping Mall Investment and return some money to shareholders.<br>
<br>
I was in here about a year ago and lost some money when all the court cases were going on regarding the Chops etc but have decided to come back in as it appears as though the &quot;tidy up&quot; is nearing completion.<br>
<br>
Any long termers here that can spread some light /clarification of the likely way forward would be greatly appreciated.<br>
<br>
WIll be doing some more research tonight<br>
<br>
Many thanks By prostand ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9270095&amp;action=detail</link>
<pubDate>Thu, 09 Feb 2012 15:23:00 GMT</pubDate>
<dc:creator>prostand</dc:creator>
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<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9168275</guid>
<title>RNS</title>
<description><![CDATA[ Well.....I was expecting an announcement before the end of March on the Shopping Mall, but not this one. On the face of it, Mayne are extending the loan - interest free for a further year, and are still happy to have shares at 4p or take a 40% interest in the Shopping Mall in the event of a default. Now, this says one thing to me loud and clear...they clearly see very good value in the Shopping Mall!!!!<br>
<br>
What is the next stage in this ongoing saga. I believe we will see the new investor taking an equity stake at a substantial premium to the share price today, and I also believe we should find out pretty soon, as the company will be obliged to inform the market as to the terms of the &pound;500k investment.<br>
<br>
IMHO...very good news today. By Optimist13 ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9168275&amp;action=detail</link>
<pubDate>Mon, 16 Jan 2012 16:02:00 GMT</pubDate>
<dc:creator>Optimist13</dc:creator>
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<item>
<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9160507</guid>
<title>Re: Hardboy</title>
<description><![CDATA[ Yes, Optimist, still here, thanks for asking. <br>
<br>
I agree, things are looking a bit more optimisitc. Not sure why Mayne gave up the interest. <br>
<br>
I think their problem is how to realise value from their holding in the shopping mall, without huge tax bills. By Hardboy ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9160507&amp;action=detail</link>
<pubDate>Fri, 13 Jan 2012 17:55:00 GMT</pubDate>
<dc:creator>Hardboy</dc:creator>
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<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9158897</guid>
<title>Hardboy</title>
<description><![CDATA[ Are you still holding here.  Looks like we may finally see some reward for our patience.  I contacted the newly appointed Non Exec Director yesterday - Nick Lyth, and am pleased to say that I received a prompt reply.<br>
<br>
By my calculations, the tangible net assets now amount to circa &pound;9m, allowing for the removal of the interest payment to Mayne.  Hopefully, we will here shortly how the company is repaying the &pound;2.5m to Mayne. By Optimist13 ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9158897&amp;action=detail</link>
<pubDate>Fri, 13 Jan 2012 13:29:00 GMT</pubDate>
<dc:creator>Optimist13</dc:creator>
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<item>
<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9108122</guid>
<title>Univision jumps on revenue growth</title>
<description><![CDATA[ Univision jumps on revenue growth<br>
ShareCast<br>
Thu 29 Dec 2011<br>
<A HREF="http://bit.ly/sMlWLh" onclick="return redirectcheck('http://bit.ly/sMlWLh')" target="_new" rel="nofollow">http://bit.ly/sMlWLh</A> By SpikeyDT ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9108122&amp;action=detail</link>
<pubDate>Thu, 29 Dec 2011 11:17:00 GMT</pubDate>
<dc:creator>SpikeyDT</dc:creator>
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<guid isPermaLink="false">tag:iii.co.uk,2003:tst.9107494</guid>
<title>Interim results</title>
<description><![CDATA[ The tone of the report suggests/confirms that a solution has been found to repay Mayne by the 31st March, if not before. By my calculations, the adjusted NA's now stand at circa &pound;9m, excluding any increase in the asset value from the sale of the Shopping Centre. The mkt cap currently is &pound;1.73, so we are currently on a huge discount to NA's.<br>
<br>
I am finally feeling a lot more comfortable now with my investment here, but am not sure how the share price will respond until the loan to Mayne is repaid. By Optimist13 ]]></description> 
<link>http://www.iii.co.uk/investment/detail?code=cotn:UVEL.L&amp;display=discussion&amp;id=9107494&amp;action=detail</link>
<pubDate>Thu, 29 Dec 2011 08:21:00 GMT</pubDate>
<dc:creator>Optimist13</dc:creator>
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