Member Info for Tedpower

Bit frustrated by the lack of recent updates. If everything is chugging away as planned then it would be nice to get just a quick statement to say so. Expected things to be wrapped up by around now.

Still catching up with this news! The RNS is a real cracker fear wise. Think I read the 'off the cuff' delisting remark incorrectly in the RNS. Sounds just like they are inferring that they may simply have to drop down to the AIM. If they fail the covenant test then the only way I can imagine that they will raise the money required will be to sell some key assets at knock down prices. Could leave a much smaller company behind - I suppose the current market cap is only £6mill so that wouldn't necessarily cause too much sp rift.

I rode the gains as well, plus topped up at 20p so am now holding at a small loss. Been on holiday for the last week so missed the fun on this 1 and got back to a shock! A lack of proactive management is a very polite way of putting it.

If the dilution was for example 3 times as many shares as current @ 5p then that would raise approx £8mil. Not enough to get the monkey off their back in my opinion. They will have to go to extreme measures to ensure survival. Delisting seems just too likely. Bought at 8p as a high risk investment, now they sound like a wild punt. I'm selling and sitting on the sidelines for a while. They should have had a RI when the sp hit 40p, would have had a chance then to raise enough capital to lower their debts sufficently. Sticks in the throat a bit does this 1.

Further devaluation of the KZT would be a surprise to me. I think Kazakhstan has a tight grip on it - central bank targeted a max +/- 5% fluctuation for the year. Devaluation would hammer their banks etc so I'd be surprised to see major changes. Further devaluation would have big consequences on companies like this that carry debts so I certainly agree that it's something worth keeping a close eye on.

Agree, this is 1 of those that appears to be under most peoples radar. Those are my favourite - I try to beat the herd and get in while the share is undervalued. Got a similar holding to yourself. Think we are nearly through the bad times - stocks like this were always going to have a struggle this year which makes it a great time to buy! The odd negative RNS later in the year may push this down a touch for a good topping up opportunity. Then I'm predicting some nice solid climbs in 2010&11. Who knows what the global economy will be like in a years time - if things have improved considerably then STCM will be in a great position to capitalise imo. Strong broker ratings also help to support that our judgement on this 1 may well be right.

Thought I was the only investor in this one! This is long term for me. Bought them for the same reasons as you have stated. Their just struggling due to the low price of their product at the moment, their market share performance however gives me great confidence. When we all pull out of this recession I think they will be much better placed than they were a year a go. Think this is 1 of those shares to buy and to stick in a drawer until 2011. I'm looking to top up on weakness, somewhere late 30's would be a great opportunity. We'll see what happens. Best of luck

Big embedded value loss is the killer imo and why we have dropped, divi cut won't be helping either. Not sure why the EEV loss is seen as a surpise though, would have thought that this was expected and already factored into the sp. I've topped up at this level, solid long term hold.

LONDON (ShareCast) - Insurer Legal & General has slashed the interim dividend by 45% after posting a loss of £1bn on a European embedded value (EEV) basis. The half-year dividend has been cut to 1.11p a share from 2.01p a year ago. Last years final payout was halved to 2.05p. L&G reported an IFRS pre-tax loss of £143m for the six months to 30 June versus a deficit of just £44m a year ago. The EEV loss of £1bn compared with a small profit of £90m in 2008.

Terrific/good results - are you sure??? I've had just a quick look and it seems more like results we were expecting but the divi cut is a touch disappointing. Why are you so pleased with them?

A lot of people will immediately just see the loss, panic and bail. Looking deeper into it everything sounds rosy. If you have this share then I'd be sitting comfortably for medium/long term gains. My long term position expires in a month so I'm a touch concerned that it might end too early to catch the rises. We'll see...

Wall street pinged upwards like lightning, it would drag even dead donkeys along with it. Tomorrow will be interesting. Good summary of BAE: 'Rival defence group BAE Systems wasn't as fortunate; its share price fell 3.2% to 317.5p over concerns about its widening pension deficit, which rose by £1 billion to £3.1 billion during the first half. The biggest weapons maker also posted a first-half net loss of £82 million, missing Bloomberg’s expectations for a profit of £635.7 million, after incurring writedowns on the value of a US acquisition and weaker sales of military land vehicles to the United States. More importantly, however, BAE's first half underlying EBITA rose 19.4% to £979 million, up from £820 million a year ago. It also raised its dividend by 10% to 6.4p and said that it expects good growth for the full year. The company also received a boost from America earlier this year, when the government proposed more funding for the F-35 joint strike fighter jet. BAE will also benefit from the new Eurofighter contract, which is expected to add £2 billion to its order book, which stood at £45 billion in the first half, up from £41.1 billion a year ago.'

Hope so, 306-307 live. Wish I had just bought this share so I could sit this dip out. Long position expires in 1 month, hope it bounces before then. A FTSE retrace could hold it back though I fear.

Had just a quick look. They've put a very positive spin on things for the rest of the year but a loss is a loss. I called this wrong big style. Got to be a good long term hold though, short term I'd be happy to get out level now.

opening SP, down 5%. I'm long on this from 320p - thought it was almost a cert for a quick profit. Better have a look at the results statement!

Best £500 you will ever spend at that price. I was in at late 20's and will wait for £1 plus next year.

test on 31st - which they are hoping to push back. Refinancing discussions are ongoing - expecting an update v soon.

Dummy sell at 27.1p and buy at 28p, large movement on as you say very limited activity. Nice, glad to have topped up at 22p.

https://www.share.com/cgi-bin/oicgi.exe/inet_tsc_dl2?pass=1&csi=100960&action=news&story_id=2876576&rns=1

that we have hit early 20's. Looks oversold to me, I'll be topping up soon.