18p. 29 apr 9.7p

Bought a few of these today in my isa. interest is rising and M&S have transferred some extra business to them. I think they may get taken over and expect them to bounce back.

AGM TODAY.ALOT OF UNIQ CHILLED FOOD IS M&S.

OVER 12p.8 MAY NOW OVER 15p

over 24p now

amazing increase in just a few days but even so I bought more today!! They are rumoured to be on the point of selling their profitable european businesses for more than the present mkt cap---also have streamlined the uk business and won new contract from M/s. on the other side a poster who I think is genuine has done meticulous research and is expecting a multi multi bagger. that is the title of his thread for uniq---fingers crossed he's right!!

Will second that recommendation for his well researched posts and two excellent threads .... if you're considering jumping on. Silly me didn't realise UNIQ was isable, so will attend to that first thing .. thanks mplus.

Had myself a few of these myself today, looks like a genuine recovery situation based on selling assets off.

As you can see for 2010 a Positive P/E of 6.4 is estimated with actual NAV of 52.6p per share for last year 2008.

Surely this stock is well undervalued on just those two measures alone.

Its interesting to see the positive Broker points.....

Uniq PLC

FORECASTS
2009 2010

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Investec Securities
14-05-09 HOLD -0.85 -0.62 6.40 5.52

Numis Securities Ltd
30-04-09 BUY -11.30 -7.00 2.40 1.50


2009 2010
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus -6.22 -3.90 0.00 4.34 3.45 0.00

1 Month Change -5.37 -3.28 0.00 -2.06 -2.07 0.00
3 Month Change -9.04 -5.52 0.00 -10.84 -5.78 0.00


GROWTH
2008 (A) 2009 (E) 2010 (E)

Norm. EPS % % %
DPS % % %

INVESTMENT RATIOS
2008 (A) 2009 (E) 2010 (E)

EBITDA 13.00m 21.23m 25.06m

EBIT -8.50m m m

Dividend Yield % % %

Dividend Cover x x x

PER -3.60x -5.64x 6.38x

PEG f f f

Net Asset Value PS 52.60p p p

BIG MOVE

UP 2p

Marie business sold subject to shareholder approval for circa 63 million --uniq will be debt free and other businesses still to dispose of so cash value per share will be much higher--hopefully the sp will rise steadily to match over the next few months.

Cash value per share will only be higher MP if the sale receipts arent diverted to the pension deficit pot and I reckon they will if past performance is anything to go by.

Its looking rather overbought is this stock now but wont go short will be neutral and watch for an entry sub 20p.

SELL NOTE just appeared on hemscott...

Uniq PLC

FORECASTS
2009 2010
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Shore Capital [R]
29-06-09 SELL -5.80 -5.10 -5.40 -4.70

In Shares magazine today :-
Domestic bliss at Uniq.
A binding 51 million offer for the last remaining French business of chilled foods group Uniq continues the firms recovery and could increase its attractions to a predator. Trade sources believe the firm will shortly announce the disposal of its other European businesses. Although these are a mixed bag their sale will convert Uniq into a purely domestic business, which willl make it a much more attractive partner for another food group such as Northern Foods. (NDFS)
Shares says :- + Speculative BUY.

Does'nt UNIQ still have businesses in Germany, Netherlands and Poland?

the Uniq website. (uniq.com)
We are a European chilled convenience food group enjoying many market-leading positions, selling our products in 12 countries.

We manufacture in the UK, France, Germany, the Netherlands and Poland and employ 6,600 people.

Uniq, the European convenience foods group, announces that it has received a binding offer for the sale of its French business, Marie SAS (Marie), from Groupe L.D.C (LDC), the leading French poultry and delicatessen group ("the Proposed Disposal").

Cant see them doing anything else but pay down the pension deficit with monies recd from the disposals.

uniq now 31p

35p NOW

Rainmaker on advfn is predicting a profit tomorrow......

The remaining UK business is an interesting proposition.In 2007 after a poor first half it made 5.9mln and in 2008, largely thanks to a 15mln rise in commodity input prices lost 3.3mln. However if you adjust the performance of the UK business for subsequent cost savings announced by the Company taking into account the following-

Restructuring-ie the closure of the Paighton factory, saving 11mln a year from 1 January 2010.

Sale of loss making business-Pinneys which was sold March this year lost 2.2mln in 2008(and 1mln in 2007) from 1 April 2009.

Streamlining-annual saving of 2mln a year through a 15% reduction in the wage bill at Minsterly from 1 July 2008

Commodity Input Price inflation-an extra 15mln added to operating expenses in 2008

So for current year 2009 take profit or loss in previous year,2007 or 2008 + 3/4 of annual Pinneys loss+ 1/2 of Minsterly annual saving for 2008/all of Minsterly saving for 2007+15mln for 2008.

in the current year 2009 using adjusted 2008 figures-
3.3mln loss + 15mln+1.65mln+1mln=14.35mln or 12.5 eps........... ENDS

again.........14.35mln or 12.5 eps...........

and......

Rainmaker - 17 Jul'09 - 01:03 - 5490 of 5490


Hi .., excellent stuff. I would be amazed if Uniq reported a loss at the interims-see post 5489 as I've said before I believe it's going to be reality check time for Brokers covering this stock and I believe NM has the right idea ie a profit. I shouldn't say that as two Brokers are predicting losses for the current year of 12mln and 14mln.But see my previous post, 5489............ENDS

"He'd be amazed if they reported a loss tomorrow."


So hes looking for a profit...... interesting.