Member Info for Dar-

Hi Lindoser, No worries there - I will go there at 2am, and rummage in the bins (deepest dark of night) :) Seriously I have been to Chandlers Ford, for an insolvency meeting some years ago.

again............. it wasn't long ago that Watchstone moved to London (not sure when, but possibly this year). Not far from me........

Hi mulder, Of course Ultra is a far bigger company, but similar sector, however lets put Ultra aside and consider TPG. The placing was 6p and sp is now 5.5p, so hardly a drop. However, we are unlikely to see an increase in sp until the BoD issue some positive news on acquisitions. I, like you, would like to see the sp climb to nearer 10p (and then more)

Hi threeputt, I wasn't aware of "UK MoD pausing, cancelling or delaying numerous programmes", so thanks for the update. However it doesn't surprised me, as TPG's MOD contracts were hardly cast in stone. I don't hold Ultra Electronics ATB DAR

Hello Sam7, although news flow on orders and contracts, IMO non of these were overly exciting, so did not "spark" any interest. Plus in July �20.8 million was raised to fund acquisitions (to date these have not happened). As no news then sp has just drifted. Sorry but's my best guess........... DAR

Hello GS, Your comment " Let it cool down a week or so, start again." I would prefer to start again for 4 years ago..... Hindsight is a wonderful thing. ATB

Good morning all, Cineworld�s (CINE) �2.7 billion bid to take over US cinema chain Regal Entertainment. �Cineworld has confirmed that it is in advanced discussions with Regal Entertainment Group, the second largest cinema operator in the US, and is considering a possible all-cash offer to acquire 100% of Regal at a price of $23 per share,� he said. �This equates to paying 8.7 times earnings to buy into a very mature market, the accretion from which is highly dependent on synergies versus the scale of the rights issue.� The deal would see Cineworld taking over a company four-times its size and acquiring 561 cinemas in the US with 7,315 screens. However, the downside is CINEWORLD's group debt would be (my calculations) very near �3 billion. Yes I do agree the BoD need to consider market sentiment and shareholder value. ATB

Hello D, Your observation "We currently have a market cap of �46.5 million Approx. �28 million of that value in cash. If the BOD are not careful someone will end up buying us and stealing our cash !!!!!!! Is that so crazy". Is not crazy based on your figures it makes TPG an attractive target for acquisition. As usual time will tell.

Reasonable odds of large trades before 7.50am say evens....... As WTG have been silent for some while an RNS seems unlikely - unless you know different ? But yes a RNS is needed

Hi Matt, We both agree I great company and the news today that the Chairman Sir William is going to retire in December and Martin Towers is an indication of a smooth and planned transition. As expected, I topped up in November and the recovery was swift. Like you I will also buy some more shares (if the sp falls below �5), but I don't think likely..........

the one share traded shows confidence in WTG lol Not sure about the comment "flying through the legal system" plodding is more apt. Timeline is about right for legal action on civil case. IMO the "average" for SFO is in the region of 3 to 4 years

I certainly agree. The SFO may consider action from the former CEO.

Hi addicknt, I fully expected my posting would enable AEM to get on his soapbox. Have a good day

Hello IMO the company (Watchstone) will not take legal action against the former CEO - RT - as I suspect when he parted company with WTG there was a contract between RT and Quindell that no legal action would be taken against RT for events whilst he was CEO. Possibly agreed with Richard Rose. ATB

just me being picky................ But I think you mean optimistic. But I agree "get it right"

Hello J6DI, Whilst I agree with all the observation you have made about Due diligence. However on the 12th September when announcing their interim accounts the following statement was made "Post-period end equity issue realised �20.8m (net of expenses) to fund acquisitions and further investment into the existing business � Discussions in progress with several acquisition targets with the aim to close the first transaction by the end of the year. I think that TPG should have avoided in advising a timeline "end of year". your timeline (which is IMO "about right") therefore infers TPG were considering a "quick shotgun" Patience is certainly not my best quality. ATB

I agree, I actually when one stage further I topped up on my holding. - IMO the recovery will be swift

Hello Bahram, In short my answer is no. I have looked at REDSTONE website and there is no clue. All depends on your viewpoint but I will be holding RST, as no negative news. ATB

Hi dactions As you say the contract for �770 is small beer, particularly when you factor in the "length of contract" and "oversea government" hopefully not Zimbabwe........ TPG need to update via RNS notice of any additions to the TP group sooner rather than later, silence not good

IMO ISAT is still a company with fantastic potential and a worthy investment the Emirates order is a sign how progressive company Inmarsat is. I feel that there is no reason why ISAT will recover to �8.00 plus. ATB