Member Info for Dar-

Not really much to discuss, as TruroTrader said on Monday 4th February

1. Financials. TPG has now moved into profit. Although the existing contracts total some 18 months or so of current revenue they are spread over many years giving clear forward revenue.

2. Defense spending is not so dependant on market forces and elements continue even in recession. Witness the latest US and Russian spat and the Chinese navel expansion. NATO will have to respond or at least keep up.

3. Even though our acquisition programme is well behind schedule we still did a partnership deal in the States last year and a Framework agreement in France. Both have a lot of potential.

4. Even when we were lossmaking in previous years we were still cash generative and made acquisitions. Now we have 20 Mill in the bank we can only go forwards with a growing order book.

Plus a recent RNS stating final accounts on 2nd April - we wait patiently as outlook looks goods

I am totally dismayed that ABLE has started using this BB to post for topics other than TP Group.
We had a good discussion on TPG but past events on other matters are most certainly not relevant (or needed).

Can't speak for MaxM, but I won't even bother to reply to you ABLE, certainly nothing relevant to TPG or me.
Goodbye.

Hi Ipad,
Almost certainly you could but...................... I will make two points.
1/ you can only audit what is put in front of you, some companies change their auditors annually and the figures are false.
2/ some auditors employ junior to actually do the audit and have little experience what to look for, hence "wool" is pulled over eyes.

Many years ago I worked for (& resigned) for a company (ceased trading) who accounts were fraudulently "created"

Hi Max,
Yes, I do recall Northern Rock and the queues and yes it was embarrassing. But in the course of many years "banking failure" don't happen that often and you can't start investing in "what if"
----- All the best DAR.

Hi Max,
No of course these statements (1) "ahead of market expectations" (2) "in line with market expectations" not facts, we will get a clearer picture after the final accounts have been submitted and then and only then will we get a true situation of TPG.
I am almost sure that Adastra will say something similar.
Both Adastra and I were pointing out observations made by Able -- "European election" "Capital & Conflict by Nick Hubble" and the liquidity of any banks holding going bust. These points are certainly not relevant to TPG.

I didn't mention it before but reports by Capital & Conflict actually contain no details but full of what if........... I don't concern myself with Capital & Conflict
ATB

Thank you Adastra,
Total agreement - facts speak for themselves. So why guess

Hello Able,
You have said stated is pure supposition, actually the word is speculation.
The European Election results will be know on the 27th May, but likely to cause panic - oh come on you know the result let along predict what MIGHT happen.
Will it affect TPG VERY, VERY UNLIKELY, TPG is one "small" company in the AIM, so please do not infer that Nick Hubble report is any more than speculation, Nick Hubble is just one of many "experts" and has different opinions than other "experts".
If you are concerned about "what happens to a company's cash if the bank holding it goes bust?" Then sell all your investment and put the cash under the mattress.
Max --- I do hope that your operation go smoothly and you recover in a short period of time and remain in 'rude' health for many, many years.
Regards DAR

Good morning all,
I note tat there is no postings on this site, so allow me to be the first....
I brought shares in NMCN in November 2018, whilst North Midlands Construction. I really cannot complain on the sp since, which has risen since the name change to NMCN and even today for very little reason.
The only "concern" is the spread price between bid and ask of 50p or 7.69%. Can anyone explain ?
Many thanks
DAR

Hi Able,
Your observations regarding the cash position would have greater creditably if made by the BoD of TPG, I recall that TPG raised additional capital to the tune of £20 million in July 2017 by stating that they TPG were considering up to 20 companies to add to the TPG. Since then there has been a few takeovers and less that £5 million has been invested. We have had no feedback regarding and acquisitions and cash held from TPG - and that is where your observations hold no water and are based purely on speculation.
You say May "that by the end of May we should have a clearer picture". And why MAY ??? you could say any month you choose.
And then you raise yet another speculation "will the banks remain solvent"..... Where did that come from in relation to TPG.

My rational why the big investors will not commit is far more simplistic --- TPG need to become profitable - to that end I remain invested in TPG but I need to see profit and acquisitions as per repeated RNS's from TPG

Yes you are correct - Final results next month. The Final accounts last year were filed on 16th February, so should be about a similar date (interim accounts were more than reasonable)

At least we have a
starting court date - 19th October.
I expect out of court settlement

Like yourself I also support the merger, if it happens it should be beneficial to both companies. However as there are so many variables, I have put a stop loss in place, so I will make a profit, but I can also say I have not made my mind up yet and will "allow" circumstances.
If the sp continues to rise then I am happy.
Best of luck on PHP
DAR

Hi Vulcan,
There is a note on the final accounts "We have recently announced the proposed all share merger with MedicX bringing together two highly complementary portfolios in the UK and Ireland and the combined business will represent a stronger platform for the future. Combining the two businesses in this transformational deal is expected to create significant value for the shareholders of the enlarged group and importantly, the potential to deliver significant operating and financial savings. We are excited by the opportunities that will be created. The merger represents another significant and important step in our strategy of selectively growing the portfolio, focusing on large hub primary care centres which are reducing pressures on the NHS, and it significantly extends the scale of the business and asset value."
Which relates to the potential merger and Medway-Man posted a link on Wednesday to PHP website containing far more information.

Hello Vulcan998,
Everything you say is valid, the only observation I can add is that there is a merger / bid in the offering !!!. Keep an eye on proceedings

Many thanks Medway_man,
Great help

Hello all,
I currently hold some shares in PHP and am aware that there is a bid situation, however I cannot find out any details. Please could somebody update me.
Many thanks
DAR

err what facts have to be faced......
NCC go ex div on the 7th February but only 1.5p
interim accounts infer a increase in turnover & profit for full year.
Recent purchase of shares by various directors have confidence in NCC
I will continue to hold

Just seen it, WOW is my only comment.
RNS this week I am not sure, feedback from the BoD has been scant

Lee,
Hopefully we all learn from the past events, then addicknt's observations were very valid. If the name Rob Terry is linked with any company warning bells will ring.