Member Info for ShearClass

@Banaman, I like the look of AFC too, however they seem under capialised at present in order to deliver on their ambitions. I know they have an unused £4m convertible loan facility, but raising a million here or there just doesn't seem like it will be enough? If they were to raised £10-15m at around the current price I'd be first in the queue... If you could combine AFC & TPG you'd have something special!

Thanks Morbox, appreciate that link and clarification.

Here's one for you to all check out - a brochure uploaded last month:

https://www.tpgroupglobal.com/wp-content/uploads/2020/05/Brochure-Hydrogen-2020-2.pdf

Our modular systems feature:

• System power up to 10MW
• Hydrogen flow up to excess of 200+Nm3/hr
• Storage available at up to 700bar and in tanks depending on requirement
• Scalable delivery pressure up to 700bar enabling up to 10kg per 250 litre tank
• Saltwater through to portable water capability
• Supplied in a frame mounted or container package for onshore/offshore
• CE or UL standards as required

The market is simply unaware of our capabilities at present, it won't be forever...

For gods sake, directors in total only only own 0.36% of shares in issue, exercising and selling 4.7m shares is not a top slice! That’s more than 200% of their current holdings. It’s called taking PI’s to the cleaners...

Yep I can confirm that anything above 6.82 was a buy, with buys outweighing sells by a decent margin. Possibly a bit of consolidation required before the next news though - however I can’t see many PI’s who hold a decent amount of shares selling at the current bargain basement price...

Yes noticed that, and another 12500 bought this afternoon too. With the pending NASDAQ listing and the fact almost all of the large buys are coming in the afternoon, you'd have to think we have some US buyers accumulating...

Hoping that someone knowledgeable can help here... below is a link to TPG's case study on their Hydrogen generation system.

https://www.tpgroupglobal.com/news-events-and-insights/case-studies/tp-groups-innovative-approach-to-hydrogen-generation-storage

In the text is states : "Included in the TP Group solution is the ability to deliver up to 700 Bar high pressure pure H2"

In yesterday's RNS it stated: "It also produced approximately one kilogramme of fuel-cell grade hydrogen per hour at a pressure of 10 bar"

Question : If the system can produce 1kg at 10 bar pressure, could it theoretically produce 70kg of hydrogen per hour at 700 bar pressure? Or is the relationship of production not linear?

If it is linear, then the value of the Hydrogen produced by one system would be significant...The following link gives a ball park cost of $6 per KG, so if it could produce 70kg per hour then it would generate $10k per day, $3.7m per annum...

https://www.powermag.com/how-much-will-hydrogen-based-power-cost/

Unless future orders are for significantly more than £100k this is going to plummet - very surprised they have stated this figure without any context.... what are their expectations for future orders?

I was thinking the same thing Banaman, however a lot of the reason is a lack of awareness of what the company offers. Prior to today I was aware of the following Hydrogen / renewable energy focused companies on AIM / LSE :

Powerhouse Energy
ITM Power
Ceres Power
AFC Energy
Proton Power
Invinity Energy

None are profitable at present, Ceres Power is the furthest along the road but sit just shy of £1b market cap having delivered £11m of revenue in the last half year... However, all six have risen dramatically over the past 6-12 months based on improving macro factors & PI / II sentiment towards green energy and huge hopes for the future.

All six company names contain either the world 'power' or 'energy', whereas we are simply TP Group...

You can tell from the way the buys kept rolling in this afternoon & bid kept strengthening, that this mornings news is serious, and has the potential to change the game for TPG. Momentum should grow as the commercialisation efforts step up in H2, and given the market caps of the aforementioned companies, I cannot see us remaining under 10p for long. If we can capture the markets imagination, then £100m market cap could be here very quickly.

Placing coming all day long DYOR and don't jump on the spike!

Yep, I think Adastra has called this very well indeed - and that was before the news this morning.

https://www.tpgroupglobal.com/wp-content/uploads/2020/06/TPG-results-May-2020-web.pdf

Reading the results presentation and noting both revenue & profit growth, diversified revenue streams & renewable energy focus (amongst other things), I can't believe the market cap is sub £100m. Comparing this to ITM Power is unbelivable, I can foresee many shareholders with huge profits there being tempted to jump ship...

Yep, it covers all angles right now - very exciting underlying Kidney product, spin off providing a chunky dividend, NASDAQ listing which will be really interesting given current the current tailwinds for pharma's + the huge antibody testing JV & related work. It feels as though a couple of people a day discover this and buy in, but for the huge majority of PI's it remains invisible...

Nope you just have to hold shares at the record date - works the same as a dividend except the consideration is paid in shares rather than cash.

Yep, and it's all on track as per the circular to shareholders on 28th April where they stated that they would update the market if any of the dates changed...

“Down, over 300% from the start of the year - no significant change in business circumstances - massive upside multi-bagger potential.”

Made me laugh, something can’t fall by more than 100%... oh and no significant change in business circumstances? Apart from the shops being closed?!

@JCEP - do let me know if you form a group or something similar, this isn't the only incident that needs to be investigated - there are serious question marks around the early April placings as well, IMO you simply don't time a placing that well without knowing more than the rest of us...

These guys are beyond a joke. All you have to look at is the following timeline;

Mid March - begin internal work on a Covid test (not announced to market)

Early April - raise twice at 18p, with boohoo, Zeus & other II’s, raise to support cancer pipeline

2 days after second raise - announce Covid test to the market - the placees mustn’t have been able to believe their luck!

Rest of April - May - Boohoo placees setup a company to fulfil B2C distribution within 3 weeks of placing... company pumps the share price by boasting how amazing it’s test it going to be (despite having no product...)

Late May - Share price hits £2+, new investors safe in the knowledge that the CEO has promised that they don’t need funding until 2022...

4th June - Placing at £1.20, with prior two days having seen large falls...

How does this story end?

My guess would be a damp squib of a test & a refocus on the cancer pipeline!

The SP is falling because someone is dumping in the background and doesn't care what price they sell at - the delayed sells will be shown after close either today or tomorrow.

Yet more confirmation never to hold shares in anything that Trevor Brown is involved in, how can you have a placing at 22p and then have him sell 10% of the company a few weeks later at the same price?! Next door to stealing from PI’s IMO

So that’s now over 3 weeks since Affimers were provided to Cytiva...anyone here starting to get worried? Even the slightest hint of a delay or problem and this will be back under £1...

Also wanted to clarify what people class as mid summer launch? Mid summer is technically 15th July, which gives approximately 6 weeks to get sensitivity / specificity data stats, submit these to regulatory authorities and gain approval, then commence manufacture... given this a new type of test, scrutiny will be higher so review length will be longer IMO.

So are we really looking at a late August / September launch here at best?

And why has it taken over 3 weeks for Cytiva to produce a prototype? Not as easy as first thought?

“while manufacturing capacity I estimate at 6m (was ramping up from 4m to 8m in May) means average price was £4. That's a massive drop from previous £8 levels.”

You what? 8m was never going to be achieved before June, this is stated many times! Rather than a glass half empty for no reason approach, how about using logic and thinking; we probably sold just over 4m at around £7 a test?