Member Info for MikeF

TSE develops new conference to connect cities and sports TSE, in partnership with the International University Sports Federation (FISU) and GL Events, have announced the launch of a new conference called "City Events" - where cities meet sports. The conference will take place on November 17-19 in Belgium, Brussels. City Events is the first international conference that brings together cities interested in hosting international sports events as well as international and continental sports organisations looking for ambitious hosts for their events. In addition, event suppliers and private event owners will be able to make valuable connections. The conference this year will focus on the theme, 'From sports event to citywide experience'. The programme will examine four distinct, yet inter-related, aspects of this theme: 'The Venue', 'The People', 'The Funds', and 'The Brand'. Greg Curchod, Director at TSE Consulting, states: "City Events will be the first platform focusing on the relationship between cities and sports organisations. The conference will be a networking tool, which will allow better relationships between sports organisations and cities in order to generate more commercial opportunities for both sides. It will also be a learning platform where participants will be able to hear insightful speeches and presentation on the future of sports events and their links to the city based on this year's theme of turning traditional sports competitions into true citywide experiences." For more information on the conference, please visit www.cityevents-sport.com

Today, i-design reported its FY10 interims, which were in line with our expectations. The group has recently signed two atmAd contracts overseas and continues in discussions with additional ATM network owners. Management is seeing signs of sentiment improving in the banking sector. New advertisers have been added and the level of repeat bookings is steady. The company’s atmAd ‘available for thirdparty advertising’ estate now stands at 9,100, up from 5,600 at FY09 year-end. FY10 interims in line First half revenues came in at £0.91m, down from £1.38m, with around half of the decline due to the absence of software licence fees and the balance due to still constrained advertising budgets. However, new advertisers have been added and the level of repeat bookings is steady. Cost containment and a reduction of overhead expenses mitigated the effect on gross profit (£0.1m) and pre-tax loss (£0.7m). Building atmAd networks overseas; working on more UK Over the past couple of months, i-design has added two atmAd contracts in overseas markets. In the US, the company has signed a multi-year exclusive contract with Cardtronics, the world’s largest non-bank owner of ATMs, to supply atmAd and third-party advertising across some 3,000 of its 33,700 ATMs. In South America via channel partner Teller Service CIA, it has signed with a major bank in Ecuador to deploy atmAd across its network of 500 ATMs. These recently added ATMs are expected to come on stream in early FY11. The group continues in constructive discussions with additional ATM network owners, though it is difficult to predict how soon major UK banks will refocus on the attractive ROI of the atmAd proposition. Initiating FY10 base-line estimate We are initiating a base-line FY10 estimate, which excludes any possible new atmAd licence fees during the remainder of the year, of £2.3m revenues, an unchanged loss before tax of £1.1m and year-end net cash of £0.4m. Valuation: High potential sales growth still in prospect We believe that i-design remains the sole platform independent provider worldwide that is able to facilitate ATM advertising, deliver third-party advertisers and run multinetwork advertising campaigns. As its atmAd licence estate expands, there is high media sales growth potential for i-design to move into sustainable profitability.

http://www.stockopedia.co.uk/document/view/43957/in-line-and-waiting

I understand where you are coming from, i have to admit i expected revenue to be up a touch... im am convinced that the next set of results will see a markeked improvement however and expect the co. to breakeven (possibly a small profit) I like the outlook, sounds very upbeat: 'The recent contract wins represent not only a significant expansion of our network since the start of the year but also a major step forward in terms of our growth strategy. The two new overseas contracts establish our presence in North and South America, both of which offer attractive growth opportunities, whilst in the UK, we continue to engage in productive negotiations with additional ATM network owners. Furthermore, we are deepening our relationships with existing customers. Our latest contract wins, which increase our third party advertising ATM estate to 9,100 ATMs from 5,600 last year, demonstrate the continuing attractions of our solution and we believe that there remain substantial opportunities for further expansion both in the UK and overseas. We expect to see further progress over the remainder of the year and continue to view long term prospects for the business very positively.'

The interims were never going to be amazing... the recent contract wins are the ones that enticed me to buy and they were won after the period! 'After the period end, we secured two significant new contracts.' the market has also marked the sp up on open as it's the future revenue that is key with the global expansion well underway.

Archery World Cup Final draws worldwide interest 2010-06-29 17:55:00 FITA 29 June 2010 - The bidding process for the International Archery Federation’s World Cup Final in 2012 and 2013, has so far attracted interest from 20 cities and regions across the five continents. With more than two months to go before the 1 September bid submission deadline, the number and geographical diversity of potential hosts that have expressed an interest in organising the event through the request of bid packages has been impressive. With simplified venue requirements and minimal technical regulations, the Archery World Cup Final provides its hosts with the freedom and flexibility to set up the most dramatic and extravagant backdrop to showcase their city through sport. The bid process has been structured such that all cities, regions, member associations, private event organisers and corporate partners are eligible to bid for the event. Prof Dr Ugur ERDENER, President of International Archery Federation, said: "We are thrilled to see that this event’s concept, aimed at creating optimal promotional impact for both our hosts and our sport, have generated such positive worldwide interest. As we start to receive bids over the next two months, it will be interesting to see what creative concepts and exciting locations bidders have dreamt up for 2012 and 2013." This is the second time the International Archery Federation has partnered with TSE Consulting to conceptualise and implement the bidding process for its Archery World Cup Final. The first bidding process concluded in 2008, with the hosting rights for the event awarded to Copenhagen, Edinburgh and Istanbul, respectively from 2009 to 2011. The election of hosts for the 2012 and 2013 editions of the Archery World Cup Final will take place this November in Istanbul, Turkey. http://en.olympic.cn/news/sports_news/2010-06-29/2039183.html

Just bought another small amount, 2,700 @ 17p, buy shown on PLUS. Results soon. GLA

http://investegate.co.uk/Article.aspx?id=201006291327304307O

Where did that rise come from? Wanted to get back in here around the .7p mark... lol

TSE Group (TSEG, 0.17p, £1.38m) Revenues in the year to December 2009 increased 43% to £1.58m (£1.10m) though higher admin costs, including £0.08m of development costs written off, led to an operating loss of £0.16m (profit £0.03m) and lower finance income led to a loss before tax of £0.17m (profit £0.03m). The losses mask a significant period of activity expansion including new offices in Istanbul, and further associate offices in Cairo, Warsaw & Dubai. 2010 is reported as having started well. More intriguingly the group states it would be better as part of a larger group and that it has been approached by a number of sports related companies. SPECULATIVE BUY

500k buy @ .218p on PLUS now offer has gone to .23p and further buying should see us tick up. GLA

Revenues are up 43% on last year which shows the expansion is going very well... the margins were down slightly unfortunately but the company has stated further down the RNS that '2010 has started very positively; importantly, we are also seeing an improvement in the margins associated with these revenues' so i don't see that as much of an issue. During the course of the year the company has set up 4 new business lines and also over the past few months they have been approached by a number of sports related companies with a view to acquiring or merging with TSE Consulting SA... Last year a trading update was released in July and i would expect another around the same time. I would expect the company to expand on any developments with TSE Consulting and expand on how they have done during H1 2010. I may look to add here over the coming weeks as i believe the downside is very minimal and the upside is potentially very good! Another safety buffer is that the NAV is around £2.5M and market cap is only just over £1M! Undervalued at present IMO and any positive news should see the sp appreciate. All IMHO & DYOR. GLA

to see this make the ground up it lost yesterday on 2 very small sells... GLA

'Over the past few months we have been approached by a number of sports related companies with a view to acquiring or merging with TSE Consulting SA and it is our opinion that TSE Consulting would benefit substantially by being part of a larger sports focused group. All shareholders will be kept fully informed on developments.' This sounds very promising... looking forward to hearing more about this!

TSE GROUP PLC (the 'Company' or 'TSE') AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2009 The Board of TSE is pleased to announce its audited results for the year ended 31 December 2009. The Report and Accounts are being posted to shareholders today and a copy is available from the Company's website, www.tsegroupplc.com. Chairman's Statement Group revenues increased by 43% in the year to £1,577,617 (2008: £1,103,053); in this difficult economic climate your Board considers this a very strong performance. Unfortunately, the margins associated with this revenue stream were not as high as expected and hence a loss before taxation of £165,885 (2008: profit £31,904) was generated. It is worth noting that during 2009 the Group decided to write off almost all of its development and start up costs relating to its international offices; this amounted to £77,000 (2008: nil). During the year we set up and opened a new wholly owned office in Istanbul in Turkey and further associate offices in Cairo, Warsaw, and Dubai. Also during the year we set up four new business lines; 'Sports Performance', run out of TSE's new office in Colorado Springs, USA; 'Event Appraisal', which is being run out of our TSE Scandinavia office; 'Digital PR and Marketing', a joint venture with Washington DC based Chong + Koster; and 'Environmental Services', a joint venture with Indianapolis-based August Mack. Revenues within all the international offices have grown during the period, despite the poor global economy, and 2010 has started very positively; importantly, we are also seeing an improvement in the margins associated with these revenues. We have won a number of high profile new clients this year, particularly in the area of Sports Performance and in April we announced that TSE Consulting SA had been appointed by the Russian Olympic Committee to conduct an in-depth internal review of Russia's winter Olympic sports performance. This major contract follows previous assignments from Saudi Arabia, Brazil and Turkey. Over the past few months we have been approached by a number of sports related companies with a view to acquiring or merging with TSE Consulting SA and it is our opinion that TSE Consulting would benefit substantially by being part of a larger sports focused group. All shareholders will be kept fully informed on developments. http://investegate.co.uk/Article.aspx?id=201006290700073789O

This IMHO is a fantastic investment opportunity but won't come to fruition overnight... the company has come on leaps and bounds over the last year with the global expansion really taking off and many contracts won. The current market cap is an unfair valuation atm IMO but i am sure over the course of the year with more press coverage and further contarct wins this will correct itself! I personally am slowly building a stake as and when funds permit as i believe in 12months+ the sp could be a multiple of where it is now. oldtramp is a fantastic researcher and if you look through his previous posts you will get a great idea of the recent developments. Cash in the bank, no debt... All IMHO & DYOR but this a great investment opportunity. GL

Thanks mate, will be keeping an eye on twitter in particular as it appears to be updated frequently... GLA

Zest Group, PLC expected to report First-Half, 2010 results on July 4, 2010. This event was calculated by Capital IQ (Created on June 27, 2010).

You really have done your research on this haven't you? I had only seen a couple of those articles (wasn't aware of the twitter comment)! If the articles were released last year then why no mention any contracts over in Australia? Are there some large ones to be announced and they then almost become insignificant? I would have thought that the company would have told us they have now opened the Australian office and they have won a couple of contracts... At least it shows that the global expansion is progressing even better than the main market probably realises and that revenues should start to reflect this, i still think it's crazy that this company is trading with such a tiny market cap! Are the results due for release on Wednesday do you know? Cheers

Thanks for posting that link, i am hoping to add to my holding very soon... good future ahead here by the looks of things. GL