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Wow 100k buy 11.94p, been some meaty buys yesterday and today something brewing ?
Happens every time, they shake it down on low volume selling then bang some buys some in and it's up 5-10% and everybody starts buying it again
Maybe problems but I wouldn't have thought it would have an impact on infrastructure whilst issues rectified
Bit baffling why this has suddenly went from everybody buying up to 14p to totally friendless back at 10.5p bid, what has suddenly changed. Somebody on advfn mentioned news with Siemens might affect the sector any ideas?
More selling today ....shorters in play....may drop quite a bit if they are in here or are you selling DAVEY50 in here?
I think your right Ria , I still holding , whilst I have my fingers in plenty of mining stocks of various resources, off shore has to be the way forward.
Especially if labour get in next.
Sellers in favour today .....sells outstripping buyers......some people shorting this me thinks
I did find it strange people selling yesterday at 10p after the news but the market is awash with traders and they might well jump in this with momentum even buying now at 13p hoping to sell quickly for 13.5-14p. Half tempted to slice a few myself now 12.77p bid having bought as low as 9.5p yesterday, certainly helps me after a awful week so far.
Certainly looks like a re-rating is taking place :-)
Having bought in Feb '22 at over 40p, it has a way to go before it is a good investment for me :-(
Total squeeze NT to buy for even 5000 shares currently at 11.5p so they played it all weak at the open, nobody fell for it and now on a few buys all the mm's are running for cover. Could be a nice short term trade never mind a investment after yesterdays news
Lets see if this 100k buyer has more, every 100k trade yesterday including the 11.3p one that went in the sell column was a buy because it was that to buy online before I went offline. Bego were sitting on the offer all day, cleared their stock then pushed up the price, weird how mm's operate at times
Well I have just added 25k at 11p, not many stocks in this market with this movement but the market might have missed a big recovery story here or is just catching up. Shame I have to go offline now just as its' hotting up
Somebody else agrees, 2 x 100k buys and some 50k buys earlier today in a desperate market.
90% of % £40 Mill revenue secured sounds good to me!
Given the growth it's showing, the cash on the balance sheet, yes it has debt but the market cap is low so hoping for a recovery here, also hard to buy was NT for a while, think this might go on another one of it's strong runs so bought a small amount
Contract revenue is not the problem here, it's the fact that the company loses money on most contracts it signs.
See Rogue Trader's Youtube video titled "STOCK ANALYSIS UPDATE - Tekmar Group plc"
Only 136mil shares
Low MC
£5mil contract
Recent Director buys @9p
This should be 50% up at least!!
GLA
Can it hold a ove 10p ?
It needs to.
Will people's be looking at this and thinking it is way undervalued?
Yes Shareant..excellent news, hopefully a few more contracts like this are not too far away.
TEKMAR GROUP PLC
("Tekmar Group" or the "Group")
New Contract Award
Tekmar Group (AIM: TGP), a leading technology and services provider for the global offshore energy markets, is pleased to announce a significant new contract award with a total value in excess of £5 million.
The contract is for the design and supply of Tekmar Group's flagship Generation 10 cable protection system (CPS) product and associated ancillaries. The CPS units will be manufactured at the Group's facility in Newton Aycliffe, United Kingdom. Tekmar Group will utilise its in-house subsea analysis capabilities and experience to support the project. The project is expected to commence in 2023 for delivery in 2024.
Alasdair Macdonald, CEO of Tekmar Group, said "This contract helps consolidate our strong position in the growing offshore wind market, and is a testament to our strong in-house engineering capabilities, which enable us to address customer's complex engineering requirements and optimise and de-risk projects. It also reflects the strength of our working relationships with project developers and key supply chain partners. We look forward to supporting our partners in successfully delivering this project."
Nice move up...I think i read somewhere the Crown Estate has signed a massive off shore wind farm deal or similar.
Yes, they are very confident!
Also schroder increased!!
And another buyer appeared with 32% holding?!( maybe the buyer mentioned in previous rns?)
But big position building here…….
Good luck.
Good to see that company directors have enough faith & confidence to buy again.
It was a buy.
https://investors.tekmar.co.uk/investors/major-shareholders/
Voting rights changed.
I can't actually see on here if this is a sell or buy