Up +9% now. Quantum computing -- a transformative computing technology for faster speeds -- looks like the next investment for the TGL shell. Price being paid on the Ask ticking up today. Recovery momentum underway, as the sharepice has almost doubled in a few weeks here. Shells are massively in fashion on AIM today, with plenty of 50-baggers, 30-baggers and 10-baggers in recent months (e.g. CHA).
Thanks for copying my post from ADVFN Morefocus. For those who don't read ADVFN, I will fill in the background.
A new company, Cambridge Quantum Computing Ltd., was incorporated on 1st. July, i.e. the day after TGL's AGM to approve its new tech shell status.
The company address is 32 James St, London, SW1A 1HD, with Shahed Mahmood and Trevor Wells listed as director and company secretary.
I.e. The same company address as Touchstone, with Touchstone's Chief Executive (Shahed Mahmood) as director, and with the same company secretary (Trevor Wells).
My speculation is this: TGL might be packaging together more than one business prior to the RTO, e.g. combining a more 'blue sky' company (quantum computing), with a more traditional one, to give the combination of turnover and profits with a more 'sexy' area.
I've seen that done before, and the effect upon the share price and valuation was quite explosive. - In effect, the turnover and profits of the more 'traditional' tech business are valued more closely to the rating of the 'blue sky' tech company, giving a far higher multiple than otherwise.
Not a major investment but worth a punt At pres mypunt is running marginally in profit but who knows. Am happy to wait but once next RNS is released we could see a major change which I am expecting for the good. So for now it is sit back & relax & watch A number of signif sells today which I fail to understand.
I check in roughly once or twice a week in here, just to make sure it's still alive. At least my £750 is still worth the same value so that's something. It's a case of just waiting for that RNS which will blast this back to the 18.00 when I first bought in about 2.5 yrs ago..... I'm actually thinking of topping up myself. The fact my cash is still worth the same means something, and it's just that time thing. Fk it, I'm topping up.
1. The deal-making muscle of Ilyas Khan & co. E.g. ZOL (20-bagger, currently £215M. market cap.), ASX-listed WEC (c. 20-bagger, A$875 million market cap. in June 2010), and MEN (multibagger, combined resources of 7.38 million ounces gold and 1.77 billion pounds copper).
2. The technology shell capabilities of Peterhouse Corporate Finance (TGL's fellow Peterhouse tech shell Concha (CHA) 12-bagged in the first half of 2014).
Technology is the fastest-growing (& most highly-rated) sector on the market, and with the stellar track-record of the 'shellmeisters' behind TGL we can pretty much guarantee something big, and at a good price given the current technology sector dip.
This could even end up being the RTO (reverse takeover) of the decade.
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