Member Info for Sisyphus

The man at the operational front-end has spoken. We asked for an honest appraisal and we've got it. This is a sensible appraisal with sensible goals and visible and achievable milestones. All investors knew this was a difficult and unpredictable journey. The rewards are extremely high for success hence the desire to 'be on board'. The oil pressures in the Zardab interventions justify the optimism that the rewards are indeed 'substantial'. Yes, the interventions are difficult and unpredictable but Zenith are learning as they go and assembling and using experience-driven equipment. Short-term investors have small patience and big opinions and should perhaps look elsewhere for their adrenaline-fed excitement. For those invested in the big-picture scenario and seeing the rewards on a further horizon then any dips can be used to average down. Everyone, especially Mike Palmer, is frustrated at set-backs, but at least he understands the causes and has experience to address and overcome those obstacles. His resolve and optimism is tangible.....he will bring these Maverick eels on stream at good rates. It's an unfolding story and a long road with lots of bends but the destination is probably worth the wait as the workovers accelerate during 2018.

Nice to see - https://mobile.twitter.com/TPGroupUK Wrt Simon Kings - he was appointed jointly with Martin Blomeley both as Exexc Directors so his resignation is already covered. No doubt a replacement board member will be announced in due course. Simon is 54 years old and probably a family/personal circumstance decision. He's not played an investor interactive role since early last year when you no doubt spoke to him Dar. The expansion into high precision and nuclear engineering is far more newsworthy but did not get its own RNS despite being officially opened in Tameside yesterday.

60% of its MCap in hard cash is a pretty good ace to hold for future growth in current environment - nice.

Clearly ridiculously undervalued; TPG currently has 60% of its MCap in cash on deposit awaiting due diligence on various proposed acquisitions. It has a thriving underlying business with high barrier-to-entry technology and rock-solid long-term contracts with government and blue-chip clients going forward for essential/non-discretionary equipment supply and refurb. A steal at this price!

Time we had news on a substantial due-diligence deal using some of the �26m war-chest. There are plenty of quality privately-owned firms that would fit nicely under the TPG umbrella; time to put one in the bag and allow the next rise to progress. Track record shows management can squeeze good immediate earnings enhancement from add-ons. Time to show your hand guys; a nice little �10m quality acquisition would go down well.

More than half MCap is cash earning higher interest now and awaiting due diligence on keen sector acquisition. Shed load of forward contracts.....plain ly stupidly oversold. Buying....yes!

Given imminent news this looks like a slick buying opportunity :)))

First done-deal should be imminent and allow insight into first year earnings accretion. Good management with sound financial use will steer TPG to sustainable increasing profits. Bring on the news - we have a large war chest of cash.

Lots of cash to use wisely and take to next level. Current dip in price is a buying opportunity to get in a new ground level IMO.

Increasingly profitable in all divisions, very strong order book with tier 1 and MoD plus over 50% of MCap (£26m) in hard cash. Should be a lot higher and will reflect strength on first acquisition which is due in this quarter. Good outfit getting increasingly stronger with focused management and possibility to surprise positively.

The huge 1 million share purchase on 2nd June has just been logged and that's a real line in the sand indicating just how much progress TPG is making. Secure contracts from the government and top tier companies like GE and BAe are finally waking up investor (and no doubt predator) interest. Add in the nice cash pile of around £8-9 million, good cash generation and the prospect of a dividend in the future and it looks a gem. Certainly building to a £100m specialist engineer with lots of big possibilities with IP application in different arenas.

Things look better and better here with lots of cash and big contracts underpinned by secure cashflow from MoD. TPG must certainly be now attracting predatory eyes from big tier 2 players wanting this chunk of income. Stand-alone or gobbled up, it's hard to find a more secure IP protected specialist engineer with real prospects. IC hit the nail on the head and I see a £100m company here in the medium term. Make that short-term if as I suspect, a bigger player emerges.

Needs to uncloak to hit the radar...too cheap.

Woefully undervalued on IP technology, £9m cash in the bank, prospects and secure future contracts with MoD.

I must admit real surprise that the recent confirmations of the two MoD contracts have failed to form a new consolidation zone, let alone continue to propel the shares. The prospects, range and scope of the company are far better now than at any time in the past. It seems the market requires constant re-affirmation of progress. Perhaps a trading update at this time would confirm that reassurance but I suspect a rebound into blue is now significantly overdue on all fundamentals.

Second big MoD contract confirmed and little reaction.....yet http://www.investegate.co.uk/tp-group-plc--tpg-/rns/confirmation-of-contract-award/201704111200042108C/ This £20m contract is the second one won and confirms almost £50m of forward MoD contract work!... For a £34m MCap business. That is in addition to all the other work on the books and in completion. Volume should increase markedly as Instos pick this up as it wasn't shouted from the rooftops. Strong hold with approaching £10m in cash and real prospects of joining dividend list next year.

Business development was strong in the second half in 2016 and this has continued into 2017. We have consolidated in our traditional sectors and entered new areas with strong propositions. Internal efficiencies have delivered better margins and a simpler leadership structure makes us better able to explore new opportunities. We have established a series of compelling offerings and the positive momentum we saw in 2016 has continued into 2017. Most notably, the Engineering business improved its order intake in the second half of the year, to close at circa three times the 2015 closing order book value.

Results indicate the transformation that was promised is now taking place. Marine and submarine atmosphere control is the engine at present with the second MoD contract imminent (c £22m). Good to see the Dukinfield facility gearing for nuclear work as the maiden contract with GE last December could have been the stimulus for more work. The resurgence of oil and gas contracts is the unexpected news since it was the main profit line for TP prior to the fall in activity in the sector. I suspect we will see increasing news from the MoD as TP seeks to increase its spread across all three forces as a preferred supplier. Continental collaborations eg for the Australian Navy (mentioned in the results) could also help increase contract margins. Hold for more news.

Was expecting this to strengthen significantly prior to results on April 4th. Good news and excellent trading updates have been the norm since this time last year and I can't see any reason that it won't continue. Sound small cap tech and engineering specialist should grow comfortably next year.

Think you'll find it was neither - a broker to broker cross-trade fits the facts best at that price and time.