Member Info for Sisyphus

The 250k buy price is rising nicely now. TP Group should start to test previous highs as the year progresses and the implications of all the added value here are digested. Still plenty of time to get aboard the train at an extremely undervalued entry point. It still makes me smile that the current MCap of just �45m with �25m cash-on-the-hip makes it more a target than an acquisitor!! Onward and upward - far too cheap

Clever buyer just snapped up 250k that were on offer at 5.8p - well done you canny fella.

It is really good to see these initial contracts rolling in. They are occurring in sectors in which TP is utilising its expertise to extend its reach. The group is really starting to accelerate its capabilities and I must admit to being excited about its prospects. I was heartened that management did not immediately splurge out on multiple acquisitions with the �25m it has in the bank; preferring to wait and do its due diligence beforehand. Investment in SOTA plant at Dukinfield and the recent acquisitions at remarkably low p/e levels is a real indicator of focused management. The promotion of Jon Constable to oversee operational cohesion and flexibility is a great move. Looking very good as TP group is tendering and winning these �first move� contracts. One day this will hit the radar of the growth and value seekers! �44m MCap and �25m cash in the bank...Crazy!

Hi Max/Dac The upgrade at Dukinfield was a direct result of the recent toe-in-the-water nuclear order from GE [General Electric]. This is a pivotal test of multiple capabilities at the site which is already a specialised engineer for the oil and gas and chemical sectors. The SOTA machines are designed specifically to service the high-value projects that TP is targeting. Nuclear is still the only instantly flexible power-generation system capable of future-proofing growing requirements. TP has extensive technology and skills to bridge easily into renewable without any new requirements. The original Corac IP technology is directly applicable to nuclear, renewable and chemical processes where any pressure reduction system can be piggy-backed to provide electrical power from waste gases. The close proximity of TP owned Shaw metals fabrication unit to the Dukinfield plant also brings a lot of reparatory work in-house. Portsmouth has multiple operational skills and facilities aimed predominantly at marine but easy to cross utilise. Given all these strengths plus the recent addition of aeronautical, tactical and combat oriented IT systems expertise TP is clearly becoming a Tier 2 specialised engineering company. It is now able to tender on a variety of contracts in a range of high barrier to entry fields. Its extensive IP in marine is easily adaptable. Add nuclear, chemical, oil and gas sectors and renewable and the future looks bright � especially with �25m cash in the bank for acquisitions. Nice tightly run team with sound management and an ability not to squander its war chest without extensive due diligence. Looks a sound prospect for the future in these uncertain times and with finals approaching in April, I�m expecting good news on progress. Too cheap IMO.

Good year under the belt with more to come according to the last t/u. Finals in a months time should make for good reading. Progress regarding due diligence on impending acquisitions where keen p/e value is being extracted should provide a nice platform for growth too. Great year ahead IMO with increasing international tension re Russia.

MCap �44m with cash/money �25m and forward government/blue chip marine contracts of c �50m plus SOTA high-tec and nuclear engineering capacity and contract with GE plus the huge barrier to entry embedded submarine atmosphere control IP!!! Need any more reasons to invest here for out performance in the medium term?

Great TV programme last night which included oilfields in Azerbaijan, BP etc - check it out. Michael Portillo rail journey. Compared Baku to Dubai and looked and felt great place to do business with thriving oil industry.

We have the skills, expertise and experience to design, manufacture and deliver mission critical and safety-critical systems to the most demanding standards, in the most challenging environments. Submariners rely on our Life Support Systems to breathe; Military helicopter aircrew rely on our software solutions for safe and effective operations; Commanders rely on our Mission Systems to make critical decisions. And with more than half the MCap in hard cash money; sound investment IMO in such unpredictable times. I certainly think the defence budget will be tweaked in the light of recent moves by Russia.

Just buying shares in Mentos!! ;-))))))))) Fun over - back to the serious discussion.

Can't believe you actually asked that....

Having seen the effect on Coke and Pepsi, Zenith have just bought 20 packs of Mentos mints to replace the submersible pumps destined for under-performing wells! Lol! [Yes, I am a patient shareholder here, just lightening the mood before the real 'gusher' at Z-21 kicks in - think Mentos!

Good to see TP Group actively exhibiting at the Portsmouth venue next week - Underwater Defence Security 20th - 22nd March 2018. The list of exhibitors is pretty impressive - TP works for a significant number and alongside the rest! http://www.underwater-defence-security.com/sponsors-and-exhibitors.php Great for networking and business building given newly commissioned Fit4Nuclear and Advanced/Precision Engineering facility at TPG Advanced Engineering Dukinfield. The world is a much more secure environment with emphasis on the skills of companies like TPG IMO.

Went to Dukinfield to check out the new Advanced Engineering Facility officially opened last month. Impressed. http://www.tpgroup.uk.com/files/4515/1060/0621/Brochure_sheet_AMC_2017-09.compressed.pdf

TP Group is putting itself squarely at the forefront of high spec technical engineering. With its expertise in critical components for submarines where the barriers to entry are significant and long term blue chip contracts guaranteed, it's �25m plus war chest, and it's now-on-line high tech nuclear engineering capabilities......this share should comfortably out-perform on all timeframes. It is just too darned cheap for its prospects and eventually the market will buy into it. Half the MCap is in cash on deposit awaiting due diligence on good value acquisitions from the private sector. Sweet........very,very sweet. I'm buying whatever I can afford here.

Totally agree Max. The main driver for my accumulating TP Group focused around the RNS in December 2016 which explains everything going forward. The GE tie up was pivotal IMO - expecting a 'lot' more. TP Group PLC 06 December 2016 Contract Award - TPG Engineering Contract with GE Oil & Gas TP Group (AIM: TPG), the specialist services and engineering group, announces that its subsidiary TPG Engineering has been awarded a contract by GE Oil & Gas within the nuclear sector. Valued at c.�1.5m, the contract commences immediately and will be delivered by TPG Engineering from its facility at Dukinfield, Greater Manchester over the next two years. TP Group is investing in updating its Dukinfield facility to deliver this contract by enhancing manufacturing capabilities and streamlining processes. In addition, the Company will be recruiting engineers and technicians in the north-west of England to support this project and other similar work. Phil Cartmell, Chief Executive of TP Group, commented: "We are delighted to have been selected by GE for this project. It represents a major step forward in the growth of the company as a major industrial supplier in the north west of England. This award demonstrates how the wider TP Group can apply its breadth of experience and expertise to work with global customers on strategic programmes. We believe that securing this contract also positions us well for further complex engineering opportunities in conventional and nuclear power, in defence and other sectors."

And the need for Blow-out preventers in the interventions........nice work Mike.

Interesting that Zenith certainly seem to be learning a lot about oilfield history and architecture as they go. Mike Palmer remains confident of success and it seems no coincidence that the modified intervention plans for Z21 and Z28 both target depths of 3982m and 3944m respectively. Looks like that's the sweet-spot for this area of Zardab. Roll on April/May/June.....

Jon will now oversee all Engineering and Technology activity across the Manchester and Portsmouth facilities. The teams have already started to work as a single delivery capability, with the fabrication skills in Manchester now supporting the preparation of frames for Portsmouth projects that will carry atmosphere management systems to be deployed on board submarines. Similarly, quality systems, methods and experience used so successfully in the defence sector are being reproduced in Manchester to meet the stringent demands of the nuclear energy sector. ............................looks good to me!

What I love about TP Group is the progress they make that's put on their website that isn't immediately RNS'd. I highlighted the new SOTA nuclear capable facility at Dukinfield a couple of days before it was posted. They also didn't post this news which I regard as really helpful and worth reading into it what you will. http://www.tpgroup.uk.com/about-us/news/2018/02/jon-constable-appointed-tpgs-director-engineering-technology/ Great move forward IMO and an indicator of 'the bits all coming together'.

Having watched the conversation here with interest I think it is really refreshing that AC has given investors what they wanted - a true and honest up-to-date appraisal of where the company is now and what is happening. Progress was always going to be unpredictable, and it most certainly has been. The oil is there [in volume], the pressure to get it out is there. Those are the two key drivers that have been confirmed, the rest is peripheral and being dealt with. This is not AIM, this is not a 'maverick' boom-r-bust drilling operation....it is a medium-sized oil producer in the making. The first year of operation was always going to be the most difficult as the wells, bores and architecture gave up their secrets and surprises. What we are seeing now is a progressive understanding and resolution of the difficulties encountered. Zenith is most definitely earning whilst learning, and accumulating experience-led bespoke equipment as it progresses. The obstacles have been stated and solutions given so let's all chill and wait for the results. There is no denying that we have a very exuberant CEO who set overly optimistic time-frames given the difficulties, but there is no denying his experience, resolve and involvement by way of share purchases to align with PI's. He has tempered that ebullience and now given an appraisal and realistic set of goals in a manageable time-frame. The market has treated Zenith harshly for being as 'open' as it was demanding. The prospects have NOT changed just the timing, and the current lowly MCap hardly reflects the fact that transformational successs in the Zardab field could come a lot quicker than the same market now expects. Interesting despite the frustration.