Friday November 28, 2014
Okhi Vreki – Elias avrio?
Logistics Issue No 2 at the Greek Hovel – Smoking Myself Out but feeling Macho
Video Postcard #90 - The Rochester fallout, UKIP, immigration and the despised political classes

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Universe Group – Speculative Recovery Buy?

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- Tom Winnifrith

Universe Group (LSE: UNG), a developer and supplier of payment and on-line loyalty systems, is a long-running, and long-running disappointment of a, recommendation from my past. I apologise to those who have lost money in the shares over the years due to me. Management cocked up and I should have bailed years ago, having tipped the shares at 41p in 2001. I got it wrong and am sorry for that. However, the shares have recovered from lows of 1.25p at the start of this year to a current 2.75p (capitalising the company at £5.2 million). Could there be further recovery ahead? An analysis of the company’s results and statement for the first half of 2012, released last month, suggests there could be and this is why…

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