Member Info for Adastra

https://www.investegate.co.uk/tp-group-plc--tpg-/rns/eur18m-work-orders-secured-under-esa-contract/202006180700052968Q/
Substantial for this sub £100m MCap!

Specialties
Turbo-expanders and compressors, Heat exchangers, Air cleansing systems, Renewable energy systems, Systems engineering, System design, Heat transfer solutions, Atmosphere management systems, Independent procurement support, Feasibility studies, High quality engineering, Helicopter software assurance, Technical project management, Software development, Project resourcing, Cost engineering, Thermal management systems, Through-life technology and services, Fabricated structures and assemblies, hydrogen, artificial intelligence, machine learning, green energy, oxygen generation, life support systems, autonomy

-------That's one heck of a lot of expertise, know-how and IP. Most of which in is high barrier-to-enter technology. Plus cash in the bank, no debt and government and blue-chip contracts extending well into the 20's. Not expensive and must be attracting attention in higher tiers.

I think TP sums itself up perfectly at this inflexion point:
“A powerful blend of talent, technologies and the right management team to generate further value for shareholders.”
Andrew McCree
Non-executive chairman

Agreed. TP has extended its submarine technology not just to produce pressurised Oxygen and Hydrogen but to produce them in substantial and useful quantities from a readily available source (water!). The volume of water required is also minimal. The electricity can be provided from numerous sources. Extensive applications are also visible for the use of recombinant technology to produce power with water as the sole by-product! Green and great!

So much potential now being recognised in house and abroad now. The protected intelligence in so many fields built up over years and now recently is only beginning to be exploited in wider fields. Applications are substantial for all the skills and tech.

Under trial conditions, the System produced 5 normal cubic metres of oxygen from just 10 litres of water each hour over a ten-hour test period. This would equate to approximately 6 litres of liquid oxygen per hour. It also produced approximately one kilogramme of fuel-cell grade hydrogen per hour at a pressure of 10 bar. The System was able to produce gas within a minute of startup and with an intelligent built-in control system was able to run automatically throughout the test.

From last RNS this is the relevant section. Instant production plus significant oxygen volumes plus hydrogen at 10 bar pressure from the unit...significant. This is no test-tube experiment. These are meaningful volumes with immediate applications from small volumes of (readily available) components - water and electricity.

Expect the uptrend to continue after this pause for breath/pull-back allowing traders to make a few quid. Expecting much more substantial rewards going forward on all 3 timescales.

All the managers and II's piled in at £1.05. It's back to the ridiculously low level of £1.10. Given that factories have been working throughout lockdown as protected materials producers, I expect the reversal to be rapid and substantial to £1.35 plus on the grounds of solid management, prudent cash handling and increasingly positive prospects as lockdown eases and dressings, adhesives etc start to pull through the supply chains.

Having successfully completed the stand-alone oxygen (and hydrogen) generator with a lot of commercial interest already, I expect this project to ramp up far faster than the reserved BoD actually expect. Plus many other initiatives currently under way. Lots to look forward to backed by solid earnings stream and NO DEBT.

Earnings have been held back but I expect a rapid transition and 'catch-up' in H2 this year before getting rapid traction in 2021. The ability to quickly transfer and utilise IP across the businesses and prospects for substantial growth in the healthcare arena should see the shares being seriously taken up by II's wanting excellent growth and quick return to dividend. Excellent share IMO with keen and seasoned BoD who work well under pressure.

Any relaxation of lockdown will speed up recovery here. Medical adhesives for dressings and in-house production will take off after a lull in hospital operations. The use of adhesive body-sensor technology will transform the way that the medical professions access real-time patient data in coming years. Remote data collection will be transferred via internet and EMIS? to surgeries and consultants. Huge market potential. The manufacture and sale of social distancing tapes will also provide a huge infill to the industrial adhesive side pending recovery of other markets. I am very opstimistic of a quick turnaround here. Time will tell but at £1.15 this is just too low imo for a quality group of niche businesses with excellent contacts and
fairly robust barriers to entry at this scale.

When you look at all the IP, cash in bank, applications and solid forward income stream this is certainly worth an MCap exceeding £100m.

Another massive avenue for TP's marine electrolysis IP is for small-scale electrical storage. Off-peak power can be used to convert water or seawater to Hydrogen and Oxygen which can be stored and then catalytically recombined to produce power and water at a later or peak period. Lots of possibilities here also for using solar in place of off-peak. Potentially massive.

Having highlighted this on 6th at 5.2p hope others jumped on board as it now has legs and volume. Happy to stay invested here. Anyone wanting a heads-up on value and substantial growth prospects should do the research on Scapa currently £1.15. Given its huge exposure to healthcare dressings, adhesives for transmitting body-data via patches and current social distance adhesive tapes etc etc recovery should be rapid. Business has been subject to few restrictions on manufacturing as its in a sheltered sector. I'm in there - worth a look. Sorry it is off TPG but I've been regular contributor here over the years and back in with significant holding. Just interested in undervalued gems. Blip over.....back to TPG.

TP was meant to highlight Technology and Partnership [both strengths of the growing company] as it adopted the name in 2015. :))

Nice to see the progress today. Good gain from Friday but this has not the grey cells of the II's yet......when it does and all the potential is weighed up, expect significant progress. I still want to know the recipient of the L&G wedge....

All the IP with multiple uses, cash in the bank, secured borrowings if needed and a huge secure forward order book with no competition in high barrier to enter field.

As you said Surprised, not all II decisions are logical or sensible, just programmed. Think the guys who sold at L&G will be a little pi**ed off this morning. And a happy MM! Tick up highly possible!!

As I said on Friday, all the information was available for those researching. This is a huge step forward into healthcare at a pivotal point and addresses the reduction in carbon footprint of the NHS if adopted there.