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There was a previous spike in July to 16p and the SP then went back to 7p. Just pointing out facts.
Ffs
They’re in the middle of negotiations on a sale of business. Why would they kill that with a placing.
Stop your utter nonsense
This looks like a pre- placing pump IMO. Do not wish to ruin anyone's Christmas.
The contract announced yesterday had no contract value.
A 10p placing would spike many newbies.
DYOR
Big bucks coming our way
GLA
Made me laugh :-) Thank you DS
Preparing..
RNS Number : 6881G
Tekmar Group PLC
17 November 2022
'The proposal being considered represents a strategic investment from a global institutional investor in the energy sector, which would provide funding for the Company to follow an ambitious plan for growth, both organically and by acquisition.'
Dogger Bank C contract now awarded closely followed by a big name energy investor taking a large position, perhaps bringing additional business in and driving growth sounds good to me.
Interesting to see who comes in and what they will bring to the table....
(agreed applebee change of title because until proof of a bidding war it does seem rampy to have it in the title :)
To be fair, anybody talking about bidding wars clearly has their own agenda.
Agree, 15 is the current buy price despite being advertised as 16. All them sells look like buys :)
Buys showing as sells now
Mick is a first time poster on TGP and all he seems to do is complain on boards about how much money his investments are losing. We know his intentions. When the trolls appear it’s good news IMO.
14.48 to buy now with some swing fishing down to 13.5
MickR
Your not ramping when your stating facts off RNS’s and there own website.
Dummy sell large number at 14p. Will fly soon
Too many rampers....Be careful of the spike.
DYOR
Deffo NE, no doubt they’ll try take the SP down but only because we know they’re struggling to deliver shares. People like me are holding tight in diamond hands, for in the event we get our buy out based on the 12 month high of a minimum of 59p a share or even a few £’s if taking into account the revenue, market share, global offices, assets, value of skilled staff and patented technology.
Think we will see a tree shake that’s for sure. It didn’t work twice yesterday. Spot loss hunting
If not today Noguts, I personally believe it’s coming. Even though one company has been granted exclusivity on due diligence for the purpose of a merger or takeover, it doesn’t prevent other parties from coming forward and also making a takeover bid, popcorn ready:
17th November:
Following a review of the proposals received, a preferred partner has been granted a 60 day-period of exclusivity to carry out further due diligence and finalise its proposal. The exclusivity period relates only to alternate debt or equity financing proposals and, for the avoidance of doubt, does not prevent an offer being made for the Company by a third party under the framework of the Company's formal sale process
25p by 11am (:
Great research and signs of a very exciting 2023!
Potential for 25p today and AIM’s Santa rally?
DSFLAT
For me any takeover will be £1 plus. Based on current contracts, scale of the offshore renewable sector and growth. And being the world and market leader in the field with over 75% of market share in this sector. Then there’s also the other 4 businesses within the portfolio. Huge potential here
Good points DS. We know SSE, BP and Shell are big clients of theirs. No doubt they’ll look to pay top dollar to bring the entire staffing of 3000 employees across the globe in house and claim the jewel in the crown. Whatever deal their preferred partner decide on is going to be big IMO.
Hopefully we’ll be back to our 59p share price in no time once news is released on the merger / takeover in 3 weeks :)
RNS Number : 6881G
Tekmar Group PLC
17 November 2022
'The proposal being considered represents a strategic investment from a global institutional investor in the energy sector, which would provide funding for the Company to follow an ambitious plan for growth, both organically and by acquisition.'
Dogger Bank C contract now awarded closely followed by a big name energy investor taking a large position sounds like a number keep going up here situation.
Interesting to see who comes in and what they will bring to the table....
1. Subsea Innovation Limited, a Tekmar Group company, has completed the design, build and delivery of twenty-nine Pipe-in-Pipe (PIP) Waterstops to TechnipFMC for a subsea development project in the Gulf of Mexico.
2. Tekmar Group, a leading provider of technology and services for the global offshore energy markets, is pleased to announce a significant new contract award to supply 100 Cable Protection Systems (“CPS”) for use on multiple offshore wind farms in the Shangdong and Guangdong provinces of China. The contract value is for £1.6m and the systems are expected to be delivered through 2022.
3. Tekmar Group is pleased to announce the award of a significant new contract to provide an integrated engineering solution, including Cable Protection Systems (“CPS”), for an offshore wind farm project in the US. The contract is expected to be delivered in 2023.
4. Pipeshield International Limited, a Tekmar Group company, is pleased to announce the award of a patent for its high payload multi-lift concrete mattresses solution – the SUPER-MAT.
5. Subsea Innovation Limited, a Tekmar Group company, has recently provided Leask Marine Ltd with onsite engineering and consultancy support, including assisting with trials and assessing the design of Leask Marine’s Submersible Drilling Rig (SDR).
6. Tekmar Group, a leading provider of technology and services for the global offshore energy markets, is pleased to announce the award of a significant new contract to provide pipeline support and protection materials for a major subsea construction project in the Middle East. The contract award is for a value in excess of USD 10 million.
7. Tekmar Energy Limited, a Tekmar Group Company, is pleased to announce a contract award by Global Offshore to supply Cable Protection Systems (CPS) for the Arcadis Ost 1 offshore wind farm in Germany.
8. North East offshore engineering firm Tekmar has landed a contract to provide its cable protection systems to a major North Sea wind farm. The Darlington-based firm told investors that it will design, manufacture and supply 172 cable protection systems for DEME Offshore. It follows an existing contract with DEME contractor EPCI to supply 380 of the systems to protect subsea array cables at the Dogger Bank A and B phases - part of what will become the world's largest offshore wind farm.
I only need this to rise another x 10 and I will have those sort of gains also! Hoping for a nice middle of January next year when that happens so all holders here make something decent! GLA
30GW
Tekmar Energy is trusted to protect over 30GW of electrical infrastructure worldwide
9000+
TekLink® and TekTube® cable protection systems provided to clients all over the world
Over 75%
global market share
Global market share in offshore wind cable protection
90+
projects and counting
We believe Tekmar Energy has worked on more offshore wind projects than any other company worldwide