Member Info for Porter_

Where lambo?

Search for TekmarTGP and you’ll find it :)

Huge gap up to 40p, but then shares are being grabbed by sticky hands. Last update, only 17% of the float was in public hands, rest in institutions and Directors. Under the right conditions the SP could easily fly

The energy industry as a whole is suffering a massive skills shortage. Plenty of energy contracts around but not enough skilled staff to fulfil them. Wouldn’t surprise me if BP or Shell would pay a premium for the infrastructure.

Mick, you’ve clearly done no research. The company is in a bid situation for merger or takeover. There is no benefit to share dilution at this moment. I work in the industry and know that contract value will far exceed the MCAP. Not all clients want their contract sums plastered all over the media as are often worried about the perception amongst staff. You seem like the last person to be giving financial advice based on your lack of success in shares you claim to be invested in.

Agree, 15 is the current buy price despite being advertised as 16. All them sells look like buys :)

Mick is a first time poster on TGP and all he seems to do is complain on boards about how much money his investments are losing. We know his intentions. When the trolls appear it’s good news IMO.

14.48 to buy now with some swing fishing down to 13.5

Deffo NE, no doubt they’ll try take the SP down but only because we know they’re struggling to deliver shares. People like me are holding tight in diamond hands, for in the event we get our buy out based on the 12 month high of a minimum of 59p a share or even a few £’s if taking into account the revenue, market share, global offices, assets, value of skilled staff and patented technology.

If not today Noguts, I personally believe it’s coming. Even though one company has been granted exclusivity on due diligence for the purpose of a merger or takeover, it doesn’t prevent other parties from coming forward and also making a takeover bid, popcorn ready:

17th November:

Following a review of the proposals received, a preferred partner has been granted a 60 day-period of exclusivity to carry out further due diligence and finalise its proposal. The exclusivity period relates only to alternate debt or equity financing proposals and, for the avoidance of doubt, does not prevent an offer being made for the Company by a third party under the framework of the Company's formal sale process

Great research and signs of a very exciting 2023!

Potential for 25p today and AIM’s Santa rally?

More money up in smoke.

Good points DS. We know SSE, BP and Shell are big clients of theirs. No doubt they’ll look to pay top dollar to bring the entire staffing of 3000 employees across the globe in house and claim the jewel in the crown. Whatever deal their preferred partner decide on is going to be big IMO.

Hopefully we’ll be back to our 59p share price in no time once news is released on the merger / takeover in 3 weeks :)

1. Subsea Innovation Limited, a Tekmar Group company, has completed the design, build and delivery of twenty-nine Pipe-in-Pipe (PIP) Waterstops to TechnipFMC for a subsea development project in the Gulf of Mexico.

2. Tekmar Group, a leading provider of technology and services for the global offshore energy markets, is pleased to announce a significant new contract award to supply 100 Cable Protection Systems (“CPS”) for use on multiple offshore wind farms in the Shangdong and Guangdong provinces of China. The contract value is for £1.6m and the systems are expected to be delivered through 2022.

3. Tekmar Group is pleased to announce the award of a significant new contract to provide an integrated engineering solution, including Cable Protection Systems (“CPS”), for an offshore wind farm project in the US. The contract is expected to be delivered in 2023.

4. Pipeshield International Limited, a Tekmar Group company, is pleased to announce the award of a patent for its high payload multi-lift concrete mattresses solution – the SUPER-MAT.

5. Subsea Innovation Limited, a Tekmar Group company, has recently provided Leask Marine Ltd with onsite engineering and consultancy support, including assisting with trials and assessing the design of Leask Marine’s Submersible Drilling Rig (SDR).

6. Tekmar Group, a leading provider of technology and services for the global offshore energy markets, is pleased to announce the award of a significant new contract to provide pipeline support and protection materials for a major subsea construction project in the Middle East. The contract award is for a value in excess of USD 10 million.

7. Tekmar Energy Limited, a Tekmar Group Company, is pleased to announce a contract award by Global Offshore to supply Cable Protection Systems (CPS) for the Arcadis Ost 1 offshore wind farm in Germany.

8. North East offshore engineering firm Tekmar has landed a contract to provide its cable protection systems to a major North Sea wind farm. The Darlington-based firm told investors that it will design, manufacture and supply 172 cable protection systems for DEME Offshore. It follows an existing contract with DEME contractor EPCI to supply 380 of the systems to protect subsea array cables at the Dogger Bank A and B phases - part of what will become the world's largest offshore wind farm.

DS, this is why I love seeing you in the same shares I'm in.
Basically, your research shows Directors with skin in the game with majority of the float in the diamond hands of funds and institutions.
17% of shares in public hands = only a freefloat of approx 17% (11m shares) - We bought and sold 5m shares today alone... IMO this explains why we had periods of NT, as brokers were unable to service orders :)

£8k, congrats and merry xmas!

Well said NE, why would a company want to dilute shares when looking to merge with, or sell to another company. That's deal suicide. Funny how our other deramper jogged on when we hit +50%.

I sliced a bit at 217 and dipped into Tekmar.
Keeping that powder dry for movement and will hold my remaining holding now whatever the outcome tomorrow.
Good luck everyone but I get the feeling it won't be as bad as expected :)

NE, for most of these companies the profit issue is that they have too many projects and not enough competent staff to help deliver them, so have to pay a premium to hire in additional resources at the expense of the Principal Contractor where on an agreed price.
A company like BP would love to bring an entire highly reputable engineering function in house.

NE, crazy client list:

EDF, TOTAAL, SSE, BP, SIEMENS, SEAWAY, ORSTED, CHEVRON and SHELL to name a few

Don't worry DSFLAT, you could be rewarded in 2023 for all your long term suffering :P