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Anyone claiming the 12k buy? Rivaldo/Norbert?
i thought it was bold and proactive myself. if you are that easily "very very " worried then why on earth are you in AIM at all? i still reckon they are working on blockchain tech to meet customer demands . as they say "to become a high-quality solutions provider and a business that enables critical business data to be captured, moved and accessed across various platforms." sounds like blockchain to me. not worried , this is what we buy into on AIM "Our objective was always to create a scalable business; every change we made had that in mind. Investment continues in solution development, building a front end capable of delivering a greater rate of growth and a structure that gives excellent customer experience."
""The Group needed to change to have a vibrant future and, as we move to scale the business, we have arrived at the point where there is no turning back. Whilst this may seem a little scary it is very exciting" THis has done it for me. They are going into the market with blind eye and put all their chips on BLACK or flip a coin type of conclusion for future business and model. No risk is factored in which makes me question BOD intention in TST. Does the BOD have no advisors to check these statement before the company makes them? I am worried and have more than halved my holdings at a loss. very very worrying.
Although Ian asks us to be patient (again), there are snippets of good news hidden within the report. I am pleased they got the goodwill impairment out of the way, which as they say has no implications on cash flow. "Touchstar has a number of customers now using the Transport back office solution, PODStar. This system has been supplied into the generic transport sector, a new and extensive opportunity for us, as well as two new customers adopting the package in the fuel logistics sector, where traditionally we are strong. We now have 7 customers (2016: nil) with over 200 vehicles (2016: nil) operating on the platform. Touchstar recently deployed an integrated back office and Mobile point of sale system for an international 'flag carrier' airline. The project from kick off to going live took around 3 months. Faster deployment afforded by the cloud-based system resulted in much reduced demand on resource when compared with an on-premise system and in turn putting both companies in a position to realise revenue earlier. We now have 3 airlines (2016: 1) using the 'NOVOStar' back office system." 0 to 200 vehicles is significant. Ian has the products, the money and the conviction. Somehow,
Last buy was nearly �12k. That's big for TST. I'm glad someone agrees with me. Snuffling around Amazon I see the TS7000and TS8000 costing around �2200 and �1600. I wonder what the margins on those are. Some of these contracts must involve a fair few machines.
...ahead of results on Thursday. Unfortunately others have been having the same idea - before me! - but I still think it's probably worth it. There have been new product rollouts and loads of new contracts against the background of the falling SP. Hoping for good news.
Http://www.touchstar.co.uk/blog/touchstar-onboard-retail-secure-new-contract-from "TouchStar OnBoard Retail secure new contract from major international duty-free operator 10 April 2018 Kenilworth, UK. 10th April 2018: TouchStar OnBoard Retail, the leading provider of on-board retail IT solutions has announced the securing of a major contract from international duty-free operator JR - Heinemann Duty Free Limited Partnership (JR - Heinemann). The new contract is testament to the successful new venture between James Richardson Israel and Heinemann. James Richardson Israel has a long and proud history of supply chain management for the sale of in-flight duty free and ancillary products. Bringing a wealth of experience gained from their presence in many European markets, the partnership is further strengthened by Heinemann, one of the world�s biggest duty free providers. As a result of the new contract, JR � Heinemann had a requirement for a new product suite to replace their existing legacy system and selected Touchstar�s complete on-board solution, �NovoStar�. The Novostar cloud based product suite is set to integrate with JR - Heinemann existing ERP system to provide a complete environment for their existing and future Israeli airline clients. The on-board system will be supported by an associated back office solution, integrating with other business sytems software and payment providers to form an all in one system.... ....Gil Malik, CIO, JR-Heinemann added, �We are delighted to be extending our relationship with Touchstar On-Board Retail. The longevity of our relationship has been established due to the robustness of the previous systems Touchstar have supplied but also their demonstrated responsiveness and flexibility whenever we have needed support. Touchstar�s new back office has provided a perfect opportunity to grow our trusted relationship with the provision of a fully integrated solution. Having done an assessment of other potential providers, we are satisfied that we are buying a great solution for our existing and future needs that will provide a solid platform for future growth�.
Another significant contract, this time for On Board Retail side of the business. Results due this week.
Yep, sounds like quite a sizeable contract: Http://www.touchstar.co.uk/blog/the-sweet-smell-of-success "The Sweet Smell of Success!!! 27 March 2018 UK-based rugged hardware vendor, TouchStar Technologies, is pleased to announce the recent warehouse hardware upgrade at The Fragrance Shop. As the UK�s largest independent fragrance retailer, The Fragrance Shop made the decision to refresh their existing hardware estate as they undergo a period of growth and expansion within their operations. Supporting the sale of over 130 brands online or from one of their 215 stores nationwide, The Fragrance Shop aim to make mainstream and luxury fragrance affordable and accessible to all. The decision to roll out TouchStar�s in-house manufactured TS8000 handheld solution enables The Fragrance Shop with a futureproof hardware solution that will support the planned future growth of their warehouse operations. With a high level of expertise within the logistics sector, TouchStar have over 30 years real world experience in the integration, installation and support of data capture systems into leading warehouse and distribution operations. In this period TouchStar have maintained a longstanding 13 year relationship with The Fragrance Shop supporting their goods in, picking and put away operations. Dave Redeyoff, Group IT Manager at the Fragrance Shop comments, �Having worked with TouchStar for a number of years we have found their hardware to be robust, reliable and a fundamental part of our warehouse operations. We place a great emphasis on our warehouse operations and the infrastructure that is in place to support it, that is why we didn�t hesitate in selecting TouchStar for the hardware upgrade. The implementation of TouchStar�s TS8000 will provide The Fragrance Shop with high speed data capture for increased productivity and efficiencies as well as a futureproof solution that is scalable to support our future requirements�.
Another significant order from Fragrance Shop as they refresh their existing hardware estate. Good to see them win more contracts.
Relevance?
http://www.trailermag.com.au/news/article/haar-australia-provides-aviation-fuel-system-for-new-zealand Pump and metering equipment supplier, Haar Australia, has attained Trade Measurement Unit approval from New Zealand�s Measurement Standards Laboratory for its PreciFUEL aviation fuel metering systems. This approval allows PreciFUEL to be used for custody transfer of all aviation fuels in New Zealand. In 2016, PreciPURE and PreciTURBO metering systems received New Zealand weight and measures approvals. PreciFUEL is a complete fuel metering and operational control system for aviation fuelling vehicles, which is based on the Alfons Haar PreciCONTROL metering technology. PreciCONTROL fuelling technology was introduced to the Australian fuel industry through the Australian arm of the German fuelling equipment company, Haar Australia, in 2012, revolutionising the fuel metering industry in Australia with the introduction of gravity metering, and the industry-first single pump single meter system for a dual petrol and diesel delivery system. �Over the last six years, our PreciCONTROL metering systems have become an industry standard in Australia, and it was a natural progression for us to make the range available in New Zealand,� said Haar Australia Managing Director, Ivan Lawrie. �The New Zealand market is very similar to where we saw most of our success in Australia, in the rural sector and smaller fuel distributors with a mixed industrial, agricultural and commercial customer base. �We had a tremendous amount of industry support there for the introduction of new technology, and once we found the right partner we quickly sought approvals and established ourselves. �We met with Lowes Industries in Christchurch and quickly found that they had similar values to us in providing sales, installation and technical support and would make a great partner to take our metering systems to market in New Zealand. �We were also lucky enough to work with Touchstar who were rolling out their on-board computing system to a common customer�s fleet, and with our FTL communications systems implemented a comprehensive load and order plan system through the Alfons Haar driver interface. This takes the scheduling information and presents it on our screen at the vehicle, which removes a huge amount of work from the driver, guiding them through the delivery. We will be implementing the same technology through our PreciFUEL aviation fuelling system,� he said.
The contract wins in the last few months means that they have the right product, after all the hard work undertaking the R&D. They have a strong management team and the money raised will allow them to put together a well lubricated process to increase revenue and profits. The tide is showing signs of turning and I have bet short of 1% that the tide will turn. Unlike a lot of small cap companies, this one has a strong balance sheet and makes profit.
Excellent news, cheers.
Although the market for mobile computing hardware remains a highly competitive one, TouchStar have maintained a strong start to 2018 with a number of recent orders for the Bradford-based warehouse and logistics division. Newly acquired clients include; Lear Leading supplier of automotive seating systems and electrical systems Lear has purchased 12 TS7000 vehicle-mounted terminals. The TS7000 provides a high resolution 7” TFT touchscreen with programmable LED backlight, which combines with the unit’s backlit keys to offer outstanding readability in both direct sunlight and all ambient lighting conditions. A full QWERTY keyboard with large keys allows for data entry by gloved fingers. Lear, a Fortune 500 company with 221 facilities across 36 countries, will deploy the TS7000s to ensure it meets its vision of consistently being recognised as the supplier of choice in the automotive seating and electrical industry. Assa Abloy Assa Abloy, the largest global supplier of intelligent lock and security solutions, has purchased several TouchStar handheld devices to assist with data capture. With a compact, well balanced and lightweight design, the handheld computers facilitate superior data capture from scanning to voice to RFID. Available with a range of laser scanners and imagers, TouchStar’s handheld technology is also suitable to match particularly rugged and demanding environments with its robust design. P&B Foods West Yorkshire-based P&B Foods has invested in 12 TS7000 and six TS8000 devices to assist with its food distribution service. The TS8000 is a robust and reliable touchscreen device that provides high-speed data capture features, helping to optimise warehouse operations. The wholesaler, which has its headquarters in Bradford, mainly distributes Indian ingredients, such as spices, nuts, flours, rice, oils, sauces, fruit and pickles, from brands that include Heera, Rishta, Balah and Parivar.
99.5% take up on the open offer. Not bad at all.
The sooner the better, would be good.
Find out about open offer either this afternoon or early next week.
With the open offer deadline looming, I have subscribed for 25,000 shares under the excess scheme. I must confess it is a bold move considering that sells are going through at 58p, well below the bid showing there is little demand for the shares. This is not surprising since this share is not followed by the crowd and the ones interested probably already hold shares, and hence will most likely apply through the open offer. I very doubt all the open shares would be taken and to be honest, I expect the ask to drop below 60p in the coming weeks. I have kept some spare if that were the case. I like the company and reinvigorated product line (which is already showing a lot of promise) but more importantly the management - great to see Ian Martin take another �200k in the open offer. If things go to plan, I will do a Bed & ISA later this year.
Interest showing through into buys at sub-1p Kellan. Worth a good size punt, I'm thinking.
Yes, Sam, exactly: WHAT'S IT FOR?? Bit of good news, finally SP bounces a bit, and - bingo - they are raising money for an unspecified purpose. Makes you wonder, sadly. Stuffed turkey anyone?
to announce something like "we are working on the application of blockchain tech."
Many thanks Bio_tango - I particularly like the sound of Tata Steel as a new client.
More pleasing news: Following a strong end to 2017, TouchStar�s Bradford-based warehouse & logistics division continue their successful run of orders and are proud to announce the acquisition of several new clients. DFDS Freight shipping services provider DFDS has invested in TS8000 devices as well as TS7000 vehicle-mounted terminals. DFDS has been providing shipping and logistics solutions since 1866. The combination of handheld and vehicle-mounted mobile computers will help DFDS to ensure they have reliable devices ready to use even in extreme conditions. ICE Company The Ice Co Storage & Logistics, which offers nationwide temperature controlled services, has also purchased a combination of TS8000 devices and TS7000 vehicle-mounted terminals. Ice Co operates from four sites across the UK including South Kirkby, Preston, Glasgow and Newcastle. Services include cold storage, blast freezing, order picking and a range of logistics services for the wholesale, food service and further manufacturing industries. Tata Steel Tata Steel is another business to have recently invested in the TS7000 vehicle mount terminal. Tata Steel is Europe's second largest steel producer, with steelmaking in the UK and Netherlands, and manufacturing plants across Europe. The TS7000 includes a full QWERTY keyboard with large, backlit keys that allow for data entry by gloved fingers. The high resolution 7� TFT touchscreen with programmable LED backlight combines with the unit�s backlit keys to offer outstanding readability in both direct sunlight and all ambient lighting conditions.