Member Info for alfista

Obviously some changes going on at the top. They had just appointed a new FD when I spoke to Mark Higgins, so I would have expected an RNS about that. Expansion of groups often causes changes of personnel, lets hope the financial update confirms the progress of this one. GLA

I spoke to the CEO, he confirmed that an update was due in April but couldnt be specific about dates. ATB

Results expected to be April 15/17th as per last RNS ATB

The current share price is a screaming buy and we can have a target of 25/30p Caution ? Ask yourself, if I had said that, what wuld you have accused me of? Twisted agenda,

Yes you are right, with the benefot of hinsight we would have known that they would take down the sp by these disposals, has also hit the sp of SPMG recently. In another way, they have presented a great opportunity to those buying in at this level. Mr Alderson tolde me that it was because Clerical and Medical was being merged with Scottish Widows subsequent to Lloyds acquisition of HBOS, and that had caused a change of policy towards their portfolio's. If today's RNS means the sell off is almost complete, I see it as a very positive thing. ATB

I did also talk to Mr Alderson about the Lloyds disposal. He said that their timing was not good, but they accepted that these people make a tactical decision and execute it with little regard for PI's. It does seem that the disposal is either at or close to being finished, a couple of buys today were at higher ASK suggesting that the mid should move on very little extra buying. I am very confident of a good bounce here in the very near term. GLA

On the main point regarding the current trading position of the company, he was quick to point out that they were in the close period prior to their year end, and in any case couldnt discuss any price sensetive issues. However he did say that the company was trading well and in line with expectations.

I expressed my disappointment that the last RNS, which corrected the update date, appeared to have been rushed out and was poorly worded. He agreed and said that the company were disappointed too. The company will liaise with their broker, Seymour Pierce, and ensure that the next update RNS will be much more open and informative. As shareholders themselves, at a much higher sp, they wanted to be sure that the progress of the company was properly reflected in any future notification

As TMMG forms quite a large part of my pf, I thought it was appropriate to give the company a call on a few points. I was fortunate enough to get to speak directly to the CFO,Tim Alderson, and had a good frank chat with him. The impression I got has given me a lot of re assurance, to the point where I have since increased my holding again.

Of course, TMMG havent got a huge amount of shares in issue, so they only have 2 MMs. We can only assume they have set the system to auto as they are busy elsewhere. I have taken advantage again today and increased my holding. It is my strong belief that this is the bottom and there is only one way to go from here. Fingers crossed for all holders. ATB

Good to see more buying again today, some folks are getting a real bargain here. We have no way of knowing the MM tactics but I reckon they are missing a trick because i believe some of these buyers would have been happy to pay more. Wait and see time. GLA

Yes, they have split in to two parts, so shareholding is split. Will take a day or two to settle out but IMO this represents good news, get the company revitalised and moving ahead, Have held for years and it has done little lately. GLA

Stronger buying today, and a very peaceful and constructive board. Long may both continue as we wait for our investments to come to fruition. GLA

Good to see bargain hunters starting to arrive. of course we dont know if Lloyds intend to sell more, but the demand is soaking up the supply now, lets hope the next move is upwards. ATB

What a bargain they are at this sp IMO. For a company who have stated that they are increasing business and controlling cost, and with the depths of recession fading away, these surely have to be an excellent growth prospect for the future. GLA

Yes I agree, yesterday I did a dummy buy and sell, and no way would 17 have been a sell. Looks like some repositioning after the Lloyds selling, posibly another larger investor seeing a bargain opportunity. From all I have learned I believe this will recover well on results. GLA

the truth hurts, so you reject it out of hand, you will go far with investing. Consider, DYOR, and wait for the truth to be confirmed but please dont go down the personal abuse line, or you will be removed. If posters press that report button enough, your posts and ID will disappear. reasoned discussion only please.

I understand that brokers charge an absolute mint to produce each analysis. Wouldnt surprise me if the company are saving that money at the moment, and I would applaud their efforts in controlling costs. I believe some directors hold at prices in excess of 70p, so they will be very keen to restore the sp as soon as possible. I think the results will be very good, this seems to be their style, under promise and over deliver. Hope that is the case this year. ATB

Evening to you. Seems to me that the market makers have taken that amount in quite happily. They would only do that is they see a good profit in the near future IMO. You would think that these funds would want to hold and sell at strategic times rather than just push the sell buttons across a huge amount of shares regardless. Anyway they have sold, nothing we can do about it. From everything I have studied about this company, I am content to wait for their full year update due mid April. A very strong group with the ability to satisfy the marketing needs of so many quality companies. This period will pass, a few buyers coming in will hoepfully move the sp back up soon. ATB

Don't discount what bar rat is saying, try to take the balanced view. Without a shadow of a doubt the tile industry has suffered just as badly, arguably much worse, as the carpet industry. Carpetright figures would be a fair yardstick to measure what is happening at Topps IMO. Now, Lord Harris of Peckham may have some funds and fancy a T/O bid, but I would hold your breath on that one. Other than that it is hard to see a bidder at anything other than a huge cut on today's value. Of course DYOR