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UP Global Sourcing Holdings (LON:UPGS) We are organising a site visit to UP Global Sourcing for private investors on Thursday 7th February 2019. There will be an opportunity to look round their Oldham showroom and speak with Andrew Gossage, Managing Director, and Graham Screawn, Finance Director. The schedule for the day would be as follows: 11am Arrive at UPGS offices 11.10 tour of the Showroom…

My understanding of FRP impairment charge following management's explanation this morning at the analyst results meeting is as follows. Since 2009 the Group's IVA business has generated £28.8m of adjusted pre tax profit. Intl financial reporting standards require goodwill to be subjected to an annual test to the strength of the business, not amortised systemically. The IVA medium term outlook is challenging (inceptions in 2015…


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