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Hallo Tiny-tim. Re your 9.15 yesterday "I can show you how to read a balance sheet if you want, " - Please go ahead i would be very grateful. Could you save the 2nd point until next week which was "or what you probably would find more helpful is how to value a company." I do appreciate it was a choice but both would be very good.
I hope none of my post have been rude, or even disrespectful, however, it I feel it is worth posting alternative arguments to someone like Tinytim who states avoid etc and then posts about losses not having considered the big picture and that not all holders share the view that profit was expected this year. In addition the 'utopia' of a profit does not equate to a rising share price, the complexities of the stock mkt are not so simple as we know. Many companies see exponential rises in sp without generating a profit and vice versa. I am indeed in profit at this price point and added to my holding last week when I could have sold , however i increased as I personally see further advance in the sp and TPG's progress from here. I totally understand some of the frustrations of some and timing is clearly a big factor I appreciate, however, discussion and different views are what makes a market good luck all and let's see what the next few weeks have in store .
I think some comments on this BB are becoming unreasonably rude and disrespectful. I can understand why investors who may be in 'heavy' want to promote success but many of us have been here quite a few years and the promises made 2015 and particularly at the placing 2017 haven't materialised.
You can't gloss over that by rubbishing another's arguments. as small shareholders, we don't have any clout - my frustration, and perhaps same with other BB members is the Institutional Shareholders haven't put on any pressure to the board. You'll have seen in past comments that I'm not a fan of Philip Cartmell but that has grown really since 2017 when for a long time PC sat on our placing funds - not making the acquisitions he forecast.
To sell now for me would be a very big price as my average is very much higher than say 'Surprised' - this is the problem with AIM shares, constant dilution favours late entrants.
Hi TinY-tim, I see the classic distraction method. You don't know how operating losses are calculated even though you chose to use them. You don't want to admit it so distract with other questions.
There's somebody else who does that - often on Twitter and crying Fake News. Think I'll call you Tiny - Trump from now on. EWS OR JUST PLAIN WALKING AWAYnEWS arte
Hi Tiny-tim. What are operating losses then?
with respect Tiny, you just don't get it do you ....anyway good luck with your next investments and although it is always good to have differeing opinions on a bb a past bitter holder who has mis judged the whole business and it aims along with time frames tends to highlight your own frustrations and judgement . Fridays 12 percent move from 4.60p to 5.40p provides a clue at this price point.....volatile mkts potentially ahead next week may or may not provide opportunity in the short term, interesting month or two upcoming :-)
Hi Tiny-tim. You choose to use operating losses to further your view. What exactly are they compared to the losses as on the final accounts as on the fundamental page above?
Hi Tony Tim, I think we all see your bitterness and disappointment in what you assumed would happen with tpg, however, maybe it is your assumptions that are awry rather than tpg....the sp hit 9p a few weeks ago, not too shabby and with the potential growth and contracts ahead there is also growth potential in the sp...I guess on a personal level you have sold out and your frustration is further fuelled by your decision. Different opinions and outlooks are what makes a market, your view is avoid tpg , re your previous post, others including me can see value ahead, rightly or wrongly on my outlook I've added more to my holding , I assume you have backed your view too, reluctantly by selling out, .. that's the way markets work and at times we are all correct and at times we are all wrong....timing is clearly a key factor :-)
Hi Tiny-Tim. I didn't know you were referring to operating losses which actually I'm not to sure about but I know that TPG like to use the term. However the overall loss for '19 is similar to the '15 loss but the revenue has pretty much trebled since then which is good and a percentage reduction. The sale of Dukinfield may well wipe that out but perhaps not this year.
Compared to revenue the losses are not a major problem especially if the growth is taken into account and the direction of TPG has been changed as well. Overall good I think.
-6 percent down this am to +6per cent up this afternoon....looks like a few folk can see the potential of what actually drives the sp going forward, volatile markets often provide opportunity, I would suggest at current prices TPG is a very good opportunity over coming weeks and months, hence why I added to my position today as stated in earlier posts :-)
Hi Tiny-tim, According to the LSE Fundamental page info you are wrong regarding increasing losses over say the last 3/4 years or so. What research gave you that info?
If I have to explain stock price drivers etc and the profit aspects, particularly for the last period, I would suggest stocks and shares at various times is not suited to everyone....good luck with your ftsee 100 investments, some of them make profits yet their sp does not always go up either..go figure :-)
https://twitter.com/surprised_trade/status/1322144572814884864
added to TPG holding at 4.85p ...a faller from 7p+
:-)
and the sp is rising :-)
I agree with you TinyTim - welcome to the board.
There's a couple of mentions on the internet regarding Phil Cartmell's salary package - apparently it was just shy of half a million but that was 2018.
https://uk.finance.yahoo.com/news/much-did-tp-group-plcs-112200123.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACVtPFy1pjRyO03nj_pGv8a1R6gtQ3O6ox0dXfQuBMC8v8Tus-cJjB4DuBrF42sjo0kz1SnqN4W9_Q4mbzZ_jE7lcWBKO9L7Nl97tiGgA5I5pv_ApiMkNjBK7qeCPp81TdLPjP8kTc6VwLIgv87BP4loV3WLy9EFg-lYiavwFamk
takes all sorts to make a market ;-)
Let's look at what we actually have going on here.....it is far in excess of curent mcap (£37m and 4.76p a share), when the dust settles I'm sure many will see the opportunity ahead, and not many weeks ago we touched 9p before proft taking (I did too, so I'm fortunate I'm still in decent profit even at these levels) saw the sp fall back. Sometimes you have to look at yourself as an investor and admit you got it wrong, sometimes you can look at a share price and think the market has got it wrong currently....I think the mkt has this wrong currently and the figures below imo confirm the sp should and will be sbstantially higher over coming weeks. :-)
Order intake up 13% to £35.2m (H1 2019: £31.1m) - a strong performance, overcoming commercial constraints arising through the COVID-19 pandemic
• Closing order book £64.4m (31 December 2019: £56.8m) - provides good visibility and continuity for the business
• Established a new £7.0m three-year finance facility with HSBC Bank plc to support investment in future growth opportunities
Current trading and outlook
· Acquired Osprey Consulting Services Ltd., a business focused on safety and mission-critical airspace management and regulation in the defence, space and the emerging urban air mobility markets
· A strong start to H2 with multiple significant orders secured, including:
o c.€9.0m of additional work orders secured under ESA framework contract
o c.£1.0m Hydrogen system contract
o c.£2.0m extension to MoD consulting contract
o c.£4.0m orders to supply MoD with oxygen generation and carbon dioxide removal devices
o Signed a three-way hydrogen fuelling partnership agreement
"We remain well-positioned to capitalise on the anticipated recovery phase in our key sectors alongside our active engagement in some of the most exciting global growth markets, including clean energy, autonomous navigation and artificial intelligence."
Just had a very quick scroll through the last 3 years RNSs and did not see any orders/contracts re Dukinfield - I may have missed one as it was quick. But as TPG is good at announcing orders and the main Dukinfield customers are in the O & Gas fields then business must be dropping off. Last years loss of i.7 Mill is the bulk of the 2 Mill loss anyway.
Again looking at the last 2/3 years RNSs we seem to be moving forward in a range of activities far removed from heavy engineering anyway so I think this is a long term positive move and can only help a profit breakthrough.
general market pull back combined with some folks dissapointment of not achieving a profit in the last period (not my view I hasten to add as profit was not expected imo) has allowed price to drift under 5p.....as stated earlier there is always a price point that even the hardest critic of a company will find as a value entry point etc....looks like market volatility will provide some interesting prices over coming weeks ... :-)