Check out the posts over on ADVFN mate, they seem to know their stuff on TGL/GOS/CQC over there. TGL bought GOS, now the boom town event which has been expected will happen by the looks of it, Cambridge Quantum RTO into TGL!
Bloody marvelous..and more cheep shares for the boys too...
Yes I believe that GOS was an acquisition. I am only following TGL but invested. Am now thinking maybe invest a bit considering that this looks good. But I wanted others views in particular from those who have been following and more importantly researching this share day and night - insightful analysis is what is necessary. So can anyone else chip in whether GOS is the acquisition and that is it. The RNS read very positively, in particular considering that it mentions better than expected results with GOS and demands coming from outside. The reverse takeover proposal looks good too. That means that this share should move ahead big time. But I think more news is needed regarding investments. Ilyas Khan looks like he knows what he is doing.
Check out the previous RNS - the results should be out by June 2015 I believe
yes indeed. Wasn't GOS an acquisition under the new investment policy (non-gold mining) after 30 June 2014? Does there have to be another acquistition/RTO before 30 June 2015? May be Cambridge quantum will reverse into TGL thru cross-holdings with IK as kingpin!. I won't be surprised if IK has subscribed a major portion of new placing.
A bit of an ambiguous RNS - stating on one hand that things are fine and that they are receiving more business than expected but then noting that they just may not be able to deliver on the investment policy they had set out a year ago - any views on this ???? Is this moving forward or have I not read this properly?
Thanks to Ray (Singray) on ADVFN for this account of his telephone chat with Trevor Wells (TGL's Company Secretary) today:
"Singray105 15 May'15 - 12:12 - 5251 of 5260 4 0
Just spoke to Trevor Well on that number. All under control, year end results being audited as we speak and will be out within the 6 month rule after year end (for aim), IE 30th June, this will include a month of GOS so nothing terribly earth shattering there. There will be 6 monthly results/updates going forwards, 30th June and 31st Dec. He felt that we have had lots of updates to keep us going, and I guess he is right about that, lots of good news so far and lets hope it continues. Maybe he read my post when he also said that they are keeping an eye on costs since these updates/accounts etc cost money which they prefer not to waist.
Got the feeling that he might have been somewhat frustrated with the number of enquiries from PI's when he 1st picked up the phone, maybe some rude ones Bobby? Anyway its the 1st time that I have contacted them and he was very polite with me.
GOS's aborted £30M. IPO in 2013 would have given it a pre new money valuation of £22M., and I don't think they were too far off getting that float away, before being stymied by market conditions.
Since then a few things have changed regarding GOS Systems and its market: 1. The homeland security challenge has increased, resulting in increased funding for this sector, increased demand for products and services, and increased valuations for such companies. 2. GOS has had its debt stripped away by the administration, invested further into its technology, and benefitted from the support of Stanhill merchant bank and a stock exchange listing, as well as TGL's cash.
Today's announcement is a further sign of what a quality outfit this is.
It also looks like some of the enhancements may have been specifically requested by customers, which certainly bodes well for orders.
" ... GOS's tactical intelligence platform enables real-time detection of cellular, voice and SMS, and its suite of products features bespoke hardware and software systems for mobile phone identity retrieval for target identification, locating and technical surveillance counter measure.
The enhancements have significantly improved the platform's capability to detect across multiple telephony networks in much shorter timeframes, and also allows for the implementation of new detection techniques. Several of the enhancements were facilitated through collaboration with major clients of GOS and the upgrade will be made available to existing and new clients immediately. ..."
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