Member Info for TruroTrader

When they do get back from skiing I'm not to sure what the advantage will be!

Your quite right Gunthorpe - we don't win a lot of business, well not yet.

But with an MC of less than 3 Mill - just you wait when we do!! WooHoo!

Don't be down hearted. I've been on the AIM for the last dozen years or more and I'm wishing all my purchases were this good. In the last 2/3 years or so the revenue has trebled and the SP doubled.

If all my bets had been this good I'd be posting this from my private beach in the Caribbean! I believe that providing the US venture works out the ability of FXX to generate cash will be huge. Big future divi's to come. Buy and hold as the sage of Omaha would have it.

Well yes colbalt - but only from 12p to 11.7p over 3 days. Think on - last month we were at 8.75p

Yes I can see your point but if you look at any of the quarterly webcasts Simon Tucker CEO has made over say the last 4/5 years you will see a constant theme of the build up of many multi-million contracts. SRT is as open as it can be bearing in mind it mainly deals with multi-million government contracts.

Last years 5.3 Mill revenue was reduced because a Philippine's government contract milestone payment of some 6 Mill was clawed back by them because they re-financed the deal. This has now been reversed and we have received the payment back and the rest of the 30 Mill contract is ongoing with the bulk being delivered in the next 12 months or so. The placing document actually gives an update on this.

In 2 years time or so the revenue will have dramatically climbed and this is a high margin operation - fill thy boots!

Sorry cristalball but you have not looked at the history of SRT. We need currently about 16 Mill annually to run the company. With the current expected expansion of personnel this will rise to some 18 Mill or so - 19 tops.

Look at the contract numbers that you have quoted. Unless they are lies this is not so much pie in the sky as jam on the bread and butter laid down over the last 5/6 years.

Buy at this price and rejoice in say 2/3 years.

The 2 contracts announced this month will add some 7% to this years revenue plus some 4-5% for the next 3 years- not bad for the 1st month of the year!! How does the SP react? Well of course it goes down!

In my view we need to fully spend the Acquisition fund which is a big uncertainty at the moment. If any acquisitions are judged by the markets as positive then with the long contracted pipeline of future business coupled with breaking into profits will ensure the rise of the SP. We wait and hope!

Judging by the sp today Kirkham must have said something good at the Growth & Technology forum yesterday - but what?!

Even at this level the MC is 9 times last years revenue which was the 1st profitable year. The SP is still twice what it was 2 years ago and 4 times what it was 3 years ago.

I guess the recent high might have been a little over done. However if we do hit the forecast numbers for 2018 then this will go a long way to paying back previous years losses and if this current year is as good as they seem to think then we might post a maiden dividend year end and £1.50 will easily return. The US numbers are going to be a real boost you would think.

Both the euroland banks and the American banks are in a different position today than they were 10/12 years ago. The balance sheets are stronger for a start. In addition the general growth over the last few years has been far steadier than before the previous crisis so there's less downside there. There's always a risk but it is less now. However although we are looking to expand in the States we're not that big there yet and in addition Defence businesses are not so vulnerable as some others to market forces. I don't think it's that big a problem for TPG.

Hi Sharehuzz. Was the nutty professor actually from Portsmouth?

Why is the SP the same as it was 5 years ago in spite of Blue Planet?

Hi ABLE, I've had a look at the Nick Hubble guy but I'm struggling to see how this effects TPG?

For what it's worth there will always be companies that go down and there will always be companies that go up.

How do his views affect TPG?

TPG is in a very good position with a whack of long term government and private contracts.

TPG's main problem is...……?

I first bought in 2010, a couple of times actually. I sold some last year, at a high, to extract my original stake. My holding is now quite small. I have a question.

Many posters here are very positive but I wonder why the SP has not moved upwards and is now at 8p as it was 5 years ago - this is in spite of the biggest boost you could think of called " Blue Planet". Why is this?

Hi ABLE, I haven't read the stories about the flight of money to Swiss banks by the top echelons of society. I am uncertain about this regarding TPG anyway.

Please give links to these stories.

Last years accounts mentioned, on page 9, that two new reactors were planned. One was to be delivered to Virginia end of '18 (tick) and the other one was to be a larger version to be ordered at the end of '18.

I've seen nothing about this since - anybody any info?

Let this be the premonition of a new systems contract that lets us invoice in this financial year and wipe out last years losses - ever hopeful!!

100% correct ABLE. TP has no debt and with 40% of the MK in cash one couldn't have a stronger balance sheet. The potential is huge with some 18 months or so of revenue on the order Books already.

When the Divi's come they will be the icing on the cake!

Since getting my first shares at £1.50 curtesy of VIY I've done the classical averaging down and at long last, and not a few quid either I've broken even - wonders will never cease!

For what its worth I was impressed with the way the BoD actively looked abroad to expand in the days before the court case. The recent announcement about Sage 32 seems tailor made for India, S America and other Asian countries for which we have a presence that we intend to grow.

Interesting times ahead methinks!

I'm fairly certain the 2018 figures will show an overall profit. The low SP is not helped by the failure to spend the acquisition fund raising of 20 Mill, which was intended to be within 12 months of raising. It is now 18 months. The markets do not like uncertainty.

However if acquisitions when made are perceived as positive, and revenue and profits are increased by them then this will boost the SP. This will also pave the way for a maiden dividend this year probably at year end. The sooner the better for the acquisitions to get the full benefit this year.

Providing the acquisitions are done quickly I see the SP doubling by the end of the year if dividends are instigated. I see no reason to doubt the further rise of the SP if The BoD continue in progressing TPG in the excellent way they have done so for the last four years so, acquis ions excepted!

It is precisely this kind of long tern contract, that TPG have in spades, that gives clarity on future revenues. This helps to give the BoD future confidence. Couple this with the Capital Reduction exercise earlier last year and it perhaps brings a maiden dividend more likely?