18p. 29 apr 9.7p

40 million for the NE European businesses is apparently the lowest estimate - could be considerably more boosted by the recent rise in the euro. Selling welll advanced and when it happens will give a considerable boost to sp. imho.

Why should it Al, all in the price and more imo.

Nasty bearish Double Top formed on the chart and lower indicators all negative. A fall back to support at 30p would be logical here if 50 day EMA at 34p doesnt hold.

One of the nastier charts around at the moment and no doubt the TA brigade have latched onto this over the last few days.

Up 4 fold since beginning of May,but looks to be one where caution is required at the mo.

Certainly so CP.

Looks to have 30p written all over it and then that might be a little generous even with the north Euro business in the SP.

Been a lovely profitable short for me so far.

Not in isolation though.

B/board favourites getting smashed all over the place and Ive got a few short from last thursday.

Not a keen shorter, but one as to make a living.

Yep going down the swany and very quickly.

The hype over the summer months cant have helped this one.

30p and very quickly imo.

Dam GF your up late ,,you've got to stop these all night clubbing sessions .

Yep my quack says so aswell jimmy.

Short going nicely here.

30p on the cards i reckon.

Im watching cnbc here the GDP figures are going to be good ,may help the general market.

30p not far off now.

What a corker of a short.

All puff and wind on this one. Pity the poor suckers who got roped in by the man across the road.

Remember I told you so.

And remember what i said about the pension deficit and how the selling of the companys silver ware would be used LOL lol ,lol ,lol lol lol lol .......

USE OF PROCEEDS

The net proceeds (after costs of approximately 3 million) from the sale will be used to eliminate Group net debt (pro forma 2.5 million at 25 September 2009 following the sale of Marie), with the balance being applied to shaping the long term future of Uniq whilst having regard to the significant UK pension deficit. ...ENDS

To be truthfull though I feel sorry for those who have been duped here.

Crikey GF what are you doing up at this time of night ?

Hi Jimmy,

been a bit off colour of late. Doc says ive got to moderate a bit.

Cant sleep much at the moment so helps to be able to post in the small hours.

That aside the news from the management here is very dissapointing given that the wallys over the road were expecting 70 to 80 million for the sale proceeds.

Can see this drifting to 30p and below after the initial puffining as subsided.

cheers mate.

Sorry to hear that GF, take it easy .

From The Times - rumour of the day.

Uniq shares rose 5% to 34p after its disposal of its loss making business in the Netherlands for 18 million. The deal, which comes after exits from France, Germany and Poland puts Uniq in its best financiall position for some time and could make the company a future bid target according to FinnCap the broker.

Which joker at finns thinks these will be taken over with a pension deficit 4 times the size of the market cap..... LOL you just have to.

See the SP slipped to my target of 28p today.

Short returns get bigger by the day.

Now I did warn you.

yep!
thanks gf please do keep em coming.
regards
jkd

cheers JKD, on sick leave at the mo hope to be back in run up to xmas after this present crisis going on.

thanks mate.

Obsessive aliasing is bad for one's health.

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Those loses must be hurting zscrooge........ now if you had a fiver for each of those so called alias you have printed you would only be 20 grand in loss.

Just look at the next post, its an eye opener........

Lifted from across the road re - uniq, i cant commentate on its authenticity but its been posted all the same,...................

Maybe people are realising that this stock isn't at the cutting edge of the food industry. I'm struggling to find what future the company has as our competitors are eating away at our market share. People on this BB are too fixated with the huge turnover that Uniq generates.

The senior management at Minsterly are useless and are not worth their 130k PA, yes you know who you are, the ones that are on contract. I know for a fact that there are going to be huge losses this year for the group as cost cutting from supermarkets take hold, this hasn't been realised by the inadequate management and passed onto Uniq's suppliers.

I am expecting a lot of red arrows for this but in the medium to long term only time will tell.

DYOR and all that but you have been warned...