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On the off chance , anyone ended up with this share still in their ISA after it got de-listed? I'm with Barclays, not sure what to do with it!
Sounds like Administrators being brought in? I doubt there will be any value left for shareholders and they have stated as such.
Sadly this, after 20 years as a listed company.
this is not good,,,,
It's a bit risk but I can't see it being this low in say 3 months time, the share price is so low it's can't really raise funds with shares, at least not much. But the business should be doing quite well now..
Very quiet here. What’s the XTR site? The company looking to address funding gap. I remain underwater with average in the late 7s. Expecting resolution in the next couple of weeks and half yearly numbers.
Hi Iceberg, I have followed your comments on XTR site with great interest. Do you still think TCN is a good investment going forward ?
There will be tomorrow...ideally I don't want it to go up any more today. Then tomorrow or the next few days a 10-20% rise will see i t on the boards and more will buy with momentum.
The stock should recover nicely as the US comes out of covid, with the infrastructure spending. It's now nice and lean on the cost side with new management wanting to make their mark.
Appallingly run previously but it's a good opportunity
For exactly the same reason, I did the same. I am shocked there isn't more interest.
Because the annual results didn't justify a 30% drop....I brought a few between 5 and 6p as it's a screaming 20-30% gain before selling and having a free ride.
the red sell today at 8.1 p was in fact a BUY. One just can't believe anything these days!
Why the sudden interest in TCN today?
Enough to keep the lights on at least.
Does anyone know why there are so few trades for these shares. I can see the 25% spread would be prohibitive.
Can anyone give me any insight into this ?
Well having read it twice I see it as more positive than negative. The issues are not massive and seem fixable.
Would see as attractive entry point on a 12 month view.
Written off and have to finance more stock.
It seems they’re getting a handle on things but what I’d like to see is a recovery plan I can get excited about. Where do the fit in the electric vehicle market, what new opportunities might there be? Seems like a biz that’s chugging along quite nicely and got a bit complacent. They’ve changed management and I’m wondering could there be some future Phoenix here?
So we see a written off sum of £ maybe 0.7 million... No idea why. A company that loses money like this without knowing why is xxxx.
Due in next few days.
Holdings rns.
And another 11k buy today.
11k buy yesterday so someone confident of an upturn.
Yes . Hopefully turning...and very cheap !
Interesting all round. Believe there is a big holder here who has been happy with the status quo. New man will have a lot on his plate if he is ceo and FD. On the face of it looks very cheap.
Sorry....top
Recovery shoots perhaps ? Plus a change at the rop.
Surprised not to see many posts here... and really want to know where we stand with this £1m black hole.
Looks like a good business and I’d have thought a great buy over the longer term... how dangerous is this £1m though? And is it just some accounting thing or something more nefarious?