Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

UK Mail Group Plc (UKM)     

dreamcatcher - 30 Sep 2012 15:58




Trying to pick a company with turn around potential in the share price.
With the share price still close to long-term support 275p,UK Mail
looks quite capable of delivering some welcome portfolio profits.




https://www.ukmail.com/


The UK Mail Group (formerly known as Business Post Group) is the largest independent parcels, mail and logistics services company within the UK, offering innovative delivery solutions both locally and worldwide.


Over the past 40 years we have built up a business offering that we believe is second to none. With a national network of more than 55 sites and 2500 vehicles we are able to offer business customers an unique integrated service with a full range of time-sensitive and secure delivery options for parcels, letters and pallets – all of which can be tailored specifically to meet the needs of your business.

Over the past 40 years we have built up a business offering that we believe is second to none and our loyal customers now range from multinationals such as 02 and Talk Talk to family run businesses like Northamptonshire based Podington Garden Centre.

A dynamic and forward thinking company, UK Mail is committed to pushing the boundaries of the postal and express parcel delivery markets and continues to launch a range of innovative delivery solutions.








Chart.aspx?Provider=EODIntra&Code=UKM&SiChart.aspx?Provider=EODIntra&Code=UKM&Si

dreamcatcher - 13 Jan 2015 16:55 - 69 of 82

UK Mail: Investec upgrades to 'buy' with a target price of 600p.

dreamcatcher - 16 Jan 2015 16:48 - 70 of 82

Broker Cantor has sent a positive message to parcels firm UK Mail (LON:UKM), repeating a 'buy' stance on the stock.

In the recent Q3 update, it was revealed the group handled record volumes in the three months and that trading was "in line".

The company is a clear winner in the shake-up of the UK parcels business, reckons analyst Robin Byde, although he does says he's cautious on the outlook short term and trims estimates mainly for 2015.

"Generally, the next 12 months are pivotal for UKM with its new hub coming on-stream. This should deliver significant benefits and further improve competitiveness," he said.

The target price is lowered to 620p from 700p.




http://www.proactiveinvestors.co.uk/columns/broker-spotlight/17615/broker-spotlight-including-uk-mail-rbs-british-american-tobacco-and-itv-17615.html

dreamcatcher - 17 Jan 2015 21:13 - 71 of 82


Buy UK Mail on record parcel numbers

UK Mail says that the parcel delivery business delivered record Christmas volumes

the company is still on target to hit full-year, pre-tax profits of £22.5m, giving earnings per share of 31.2p


By John Ficenec, Questor Editor

8:00PM GMT 17 Jan 2015


UK Mail
500p
Questor says BUY


The demise of parcel delivery firm City Link was good news for rival operator UK Mail [LON:UKM]. The company last week announced record volumes of parcels during the vital Christmas period.


Shares in UK Mail jumped more than 7pc last week as the delivery company said it had taken on ex-City Link customers.


UK Mail shares have now gained more than 18pc in the past three months. This could mark a turning point for the company which saw its shares tumble almost 25pc last year as investors shunned small-cap companies.


The company was rocked by fears for parcel delivery after Amazon launched its own delivery service. This is significant because parcels contributed about 60pc of the group’s profits and about 40pc of the revenue. UK Mail shares peaked at 715p in Febraury last year before falling as low as 380p in October.

In the most recent detailed update for the first half ended September 30 trading was in line with market expectations. Revenue down 1pc to £241.4m and pre-tax profits of £11.4m, down from £11.9m last year.

Guy Buswell, chief executive, said the company is still on target to hit full-year, pre-tax profits of £22.5m, giving earnings per share of 31.2p, increasing to 36.0p next year.

The shares are trading on 15 times forecast earnings and we upgrade to a buy.

dreamcatcher - 20 Jan 2015 16:16 - 72 of 82

Why I Would Buy UK Mail Group PLC But Sell Vedanta Resources plc And Enquest Plc

http://www.fool.co.uk/investing/2015/01/20/why-i-would-buy-uk-mail-group-plc-but-sell-vedanta-resources-plc-and-enquest-plc/

bonfield - 07 Aug 2015 09:00 - 73 of 82

some strange goings on....any thoughts?

dreamcatcher - 07 Aug 2015 13:54 - 74 of 82

Trading Statement
RNS
RNS Number : 3804V
UK Mail Group PLC
07 August 2015

7 August 2015

UK MAIL GROUP PLC

("UK Mail" or the "Group")



TRADING STATEMENT



As stated in its preliminary results statement on 20 May 2015, UK Mail is in the midst of a period of major investment and transition. Whilst the longer term opportunities for the Group are substantial, the first half of the current financial year was expected to be challenging.

It is now clear that the near-term challenges and their impact on the current year's performance are more significant than anticipated.

The Group has now completed the move of its Birmingham hub and head office to a new, fully-automated facility in Coventry, with the relocation contract with HS2 expected to complete on the 10th August 2015.

While parcel volumes for the first four months of the new financial year were some 4% ahead of the comparable period last year, the move has caused a greater level of customer churn and loss of volume than anticipated, with an associated adverse impact on parcels revenue mix. In addition, a greater than anticipated proportion of current parcels volumes is incompatible with UK Mail's new automated sortation equipment, resulting in additional operating costs and therefore a delay to the full benefits expected from automation.

Management is taking action to resolve these issues, and the Group remains satisfied that the anticipated financial and operational benefits from the new hub and increased automation will be achieved in the medium term.

The Group's Mail business continues to perform well, with volumes up by some 6% during the first four months of the new financial year, representing a further increase in UK Mail's share of the access mail market. The Group has recently won a number of major contracts and has a good pipeline of opportunities, as a significant number of competitor contracts are now coming out to tender. UK Mail's packets initiative also continues to make good progress, with a strong pipeline of opportunities in this market.

Overall, as a result of the above factors, the Board anticipates that the Group's performance for the current financial year will be materially below current market expectations, with profit before tax (before one-off exceptional items) now expected to be in the range of £10m to £12m, and with some continuing impact into the first half of the next financial year.

Guy Buswell, Chief Executive Officer of UK Mail, said:-

"This near-term setback to our financial performance is clearly very disappointing. However we are taking decisive action to address these issues and we are confident that they can be reversed.

"The completion of our new fully-automated hub represents the largest strategic development in our corporate history and the rationale for this significant investment remains compelling.

"We continue to believe that it will make us one of the most efficient and competitive operators in our markets and, with number of significant new customers keen to use our services as a result of this investment, we remain confident in our medium and long term growth prospects."

ENDS

dreamcatcher - 07 Aug 2015 13:55 - 75 of 82

7 Aug Investec 485.00 Add
7 Aug Cantor... N/A Buy

dreamcatcher - 07 Aug 2015 13:56 - 76 of 82

Market Buzz

Fri, 07 August 2015


UK Mail receives Investec downgrade after profit warning



UK Mail Group Quote more






Price: 460.00

Chg: -70.00

Chg %: -13.21%

Date: 12:19



(ShareCast News) - Investec has downgraded UK Mail Group to 'add' from 'buy' after the postal services company issued a profit warning.




UK Mail said it expects its full-year will be materially below current market forecasts, with profit before tax now predicted to be in the range of £10m to £12m.

The profit warning comes as the company has suffered hitches with its new fully automated facility in Coventry which is struggling to cope with many of the parcel sizes, which were said to be "incompatible" with its new automated sorting equipment.

"The rate of parcel volume growth has slowed with a negative parcel revenue mix and a greater proportion of parcels volume than expected is incompatible with the new sortation equipment resulting in higher costs and lower asset utilisation," Investec analysts noted.

"Consequently, we cut our forecasts, reduce our target Price to 485p (from 535p) and downgrade to add."

Investec has cut its parcels revenue and operating profit forecasts, "assuming a slightly lower revenue per parcel due to the negative mix and higher operating costs".

The analysts' parcel volume forecast has been reduced from 5% to 3% for the full-year 2016. The parcels revenue projection has been slashed 2.1% in full-year 2016 and 2.1% in full-year 2017.

dreamcatcher - 06 Oct 2015 19:52 - 78 of 82

Pre-close Trading Update
RNS
RNS Number : 2994B
UK Mail Group PLC
06 October 2015

6 October 2015



uk mail Group plc



PRE-CLOSE TRADING UPDATE



UK Mail Group plc today issues the following pre-close trading update for the half year ending 30 September 2015.



Overall Group performance is in line with our revised expectations, which take account of the near-term challenges outlined in our trading statement of 7 August 2015.



Reported Group revenues (for continuing operations) for the first half increased by some 4% compared with the same period in the previous year.



In our Parcels business, average daily volumes for the first half increased by some 8% compared to the same period last year. We are now achieving improved rates of parcels volumes growth. This increase continues to be weighted towards B2C customers, related to the growth in online shopping.



In our Mail business, average daily mail volumes were some 8% ahead of the same period last year. The Group has recently won a number of major contracts and has a good pipeline of new opportunities.



Guy Buswell, Chief Executive Officer of UK Mail, said:

"We are focused on executing the plan we have put in place to address the recent challenges associated with our Parcels business. Progress to date has been encouraging and an update on this will be provided at the interim results in November.

"We remain confident in our medium and long term prospects and in the operational benefits that our new fully-automated hub will bring, with a number of significant new customers keen to use our services as a result of this investment."

The Group intends to report its interim results for the half year ended 30 September 2015 on 18 November 2015.



- Ends -

dreamcatcher - 06 Oct 2015 19:53 - 79 of 82

6 Oct Cantor... 450.00 Hold
6 Oct Investec 485.00 Buy

skinny - 13 Jan 2016 11:57 - 80 of 82

Cantor Fitzgerald Hold 280.00 - 300.00 Reiterates

dreamcatcher - 14 Jul 2016 19:28 - 81 of 82


Trading Statement

RNS


RNS Number : 0805E

UK Mail Group PLC

14 July 2016




14 July 2016





uk mail Group plc



TRADING STATEMENT



"A solid start to the current financial year"



UK Mail Group plc announces the following Trading Statement covering the period 1 April 2016 to 30 June 2016.



We have made a solid start to the current financial year, with overall performance for the first quarter in line with our previous expectations.



The move of our second hub has been successfully completed, with very high service levels maintained throughout the period. We continue to make good progress with our plans to improve the efficiency of our operations.



The Group remains in a sound financial position.



The Group's Annual General Meeting will take place at 12.00pm today, 14 July.





- Ends -



dreamcatcher - 28 Sep 2016 16:04 - 82 of 82

UK Mail recommends Deutsche Post's 440p offer
StockMarketWire.com
UK Mail Group has recommended Deutsche Post AG's 440p-a-share cash offer. It valued UK Mail's share capital at about £242.7m.

The offer assumed UK Mail shareholders would be entitled to receive a 5.5p a share dividend.

"We have made good strategic progress in recent years, establishing leading positions in our key markets of parcels and mail, investing in additional capacity in our operations and in IT and product and service innovation," said UK Mail chairman Peter Kane.

"However, the Board believes that UK Mail will benefit significantly from becoming part of Deutsche Post DHL, and will be better positioned to continue to develop our parcels and mail businesses with the benefit of Deutsche Post DHL's greater financial and operational resources.

"Our customers will have direct access to Deutsche Post DHL's integrated global parcel network and comprehensive logistics capabilities; we will have opportunities to win additional business from Deutsche Post DHL's existing customer base; and there will be significant synergies including additional volumes flowing through our network from Deutsche Post DHL's global operations.

"Furthermore, the Offer provides UK Mail Shareholders with the opportunity to realise their investment for cash at a significant premium to the levels at which the share price has traded in recent months."



At 9:08am:
(LON:UKM) UK Mail Group PLC share price was +133.13p at 440.63p


Story provided by StockMarketWire.com
Register now or login to post to this thread.