18p. 29 apr 9.7p

cynic,
i know you like cycling so i do hope you will enjoy your beer at next stop. LOL
regards
jkd

don't follow that logic - whoops! just spotted (rotfl) - but have discovered a very nice watering hole on one of my local rides .... it comes after about mile 16 of 22, so nothing too strenuous either before or after

Yeeeeee Haaaaaaaaaaa first Broker note out for a long time and its good news even though it is a reiteration.....

Date Broker name New Price Old price target New price target Broker change

08-Apr-10 FinnCap Buy 0.000p 40.00p - Reiteration

40p SP target.

http://www.investorschronicle.co.uk/data/security?csi=10335&action=brokerrecommendations

I mentioned on friday that UNIQ had underperformed the sector and rivals over the last 6 months so that gives holders plenty to aim at for a recovering share price and growth going forward.

In the chart below Ive used Premier Foods and Northern foods as the bench mark as these companys are the ones most associated with UNIQ in thread discussions.

Ive also used the Food producers and processors as the sector comparison.


And if we look at fundies again UNIQ is way undervaluesd in comparison to the two stocks above mentioned going forward into 2011 :

Premier Foods

ForecastsYear Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth.

31-Dec-11 2,779.00 194.51 6.10p 5.3 0.4 +14%

Northern Foods

ForecastsYear Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth.

31-Mar-11 1,002.87 39.61 6.87p 9.0 0.7 +12%

Uniq Forecasts

Year Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth.

31-Dec-11 323.16 9.75 8.40p 2.9 0.0 +284%

(concensus broker figures Digital Look)

So we are looking at

Premier Foods with a EPS growth of 14% and a P/E of 5.3
Northern Foods with a EPS growth of 12% and P/E of 9

whilst with UNIQ we are looking at EPS growth of 284% and P/E of 2.9

The stock is way undervalued imho.

circa 10 low to circa 46 high would give us a fibonacci 50% at circa 28.
as always please dyor
regards
jkd

Thursday
=========
The Marks & Spencer update last Thursday boosted hopes ahead of the chilled-food producer Uniq's full-year figures this week.
FinnCap said news of M&S's sixth-consecutive quarter of like-for-like growth from food augured well for the likes of Uniq, which has a high exposure to the retail bellwether.
Beyond the read across from M&S, this week's results also give investors a chance to "catch up after a year of major change", the broker added, pointing out that all of the company's European operations "have been divested or agreed to be sold".

From;-
http://www.independent.co.uk/news/business/sharewatch/the-week-ahead-debenhams-to-follow-mss-strong-outlook-1942277.html

Sale of Uniq's German and Polish units cleared

Food group Uniq's sale of its German and Polish businesses has been cleared by competition authorities in Austria, Germany and Poland.

It says completion of the sale of Uniq Deutschland and Uniq Lisner to IFR Capital for 28.5m is expected to take place this month.

This will complete the sale of Uniq's continental European businesses.

The firm will announce its results for the year to the end of December on 15 April.


----------
PFD is moving higher today also if breaking 33p will help to further rise

Going well before results tomorrow.

I like the chart RSI, Ill nick that for a few other B/Boards....cheers.

At last up and through the short term resistance at 26p. Bodes well for the future.

Overall group loss before tax from continuing operations of 18.5M * Q1 sales up 4.2% to prior year * Revenue from continuing operations 287.2M * Agreed in principle an innovative long term pension framework

above is just a resume ..... numbers were ok but nothing to get excited about that i could see

Neither me.

Got out after first few mins.

Not what I was expecting which is a shame.

The drop is to do with the statement that the talks over the pension deficit will have a material effect on shareholder value "one way or other."

They mention it several times.

and sp has fallen through support too

The statement was a bit pesimistic, so no wonder of the share price reaction.

Maybe glad I did not have any, but instead holding PFD

order book / level 2 is weak in orders and volume on the bid side

dealerdealer.... and may take several months for pension regulator to pass!!!!!.

May come back here once we know whats just what.

By the way what a shity way to present your accounts uniq, especially the detail of the pension.

Uniq reported a pretax loss for 2009 of 18.5 million pounds, impacted by an 11.3 million pound pension-related finance expense. That compared with a loss of 0.1 million pounds the previous year. NOW BELOW 22p.

Has to be open to takeover now, unless the sp recovers over the next few days, which is unlikely.

that's true of almost any company, but though there may have been vague rumours, it would be a pretty silly reason to buy at this juncture

I wouldn't buy now myself, but anyone feeling like a gamble, purely a gamble, might consider that the underlying business is one that a few food producers out there might like to tuck under their belt. Just conjecture though!

LONDON (ShareCast) - The Pensions Regulator has refused clearance for a plan from convenience food group Uniq (LSE: UNIQ.L - news) to pay off a 436m deficit in its pension scheme.

Shares in the group plunged almost 30% on the news and is currently trading at 11 pence compared with Friday's closing price of 15.50 pence.

In April, the loss-making company said it reached agreement in principle with the pension trustee for a recovery plan.

However, the Regulator said the scheme, as currently constituted, does not meet all of its criteria for clearance.

Uniq said it is working together with the trustee to seek a resolution for the pension scheme, adding that it anticipates it will "take some time to resolve."

"The outcome of this process will have a fundamental impact, either positive or negative, on the pension scheme and on shareholder value," the group said.