Member Info for turnkey17

https://miningbug.wordpress.com/2021/01/26/time-for-hydrogen-itm-cwr-afc-tpg-pres-phe-gtc-26-01-21/

... saw on twitter

https://miningbug.wordpress.com/2021/01/26/time-for-hydrogen-itm-cwr-afc-tpg-pres-phe-gtc-26-01-21/

think this might get another investors chornicle bargain shares bump?

good luck tony. bit high risk for me but i can see the attraction

27p paid suggests you might have. Looking for 100% upside personally. I notice it got a shout out on a forum https://www.lemonfool.co.uk/viewtopic.php?f=93&t=27442

JKX Wentworth Enwell Cadogan are all high risk oil and gas companies so not at all relevant imo....

Of the proper companies

Driver 8m cash on markcap of 26 is only a third
Totally has 12m net cash but payables = receivables + that cash so its not really surplus at all

Very very different to if tpg has more net cash than its market cap !!! So i do not see any comparison at all to the companies you point out (sorry!)

Hydrogen, autonomous control systems in defense applications, space exposure. TPGs fingers are in all of the right pies

When do we think AVCT will hit commercialisation on the key projects? Is that the biggest question here? Or are the non covid treatments the bigger reason to own AVacta?

https://www.youtube.com/watch?v=sJlaRGI2Mdo

if they sell tpg maritime for £65 million that is more than the share price today and then you have sapienza that they bought for £10 million and lots of other assets. there is no point sitting on maritime if dumb mr market does not give it the valuation it deserves. if they sell maritime for about what I think it is worth the stock will double IMHO so nothing to be negative about thordon!!

this is why i begrudgingly support maritime getting disposed of if the price is fair (i think at least £65m). I think management need to punch the market in the face for it to realise true worth of tpg because it has not done so yet

its highly specialised equipment that maritime deals with and has a lot of value . The market is fast asleep on this business https://bidstats.uk/tenders/2016/W26/634323059

Submarine Air Purification (Combined Oxygen Generation System; Low Pressure Electrolyser; Gas Management Plant; High Temperature Catalytic Burner; Carbon Dioxide Scrubbers; Non-Powered Oxygen Generation and Carbon Dioxide Removal Systems) Equipment.

MInistry of defence, "the Authority received only 2 expressions of interest, following which the Company was the only supplier successful in the ensuing pre-qualification process. As a result of this failed competition the Authority considers that there is only 1 supplier who can meet the requirement. "

the hard thing with ncyt is the cash in bank gets better with every sale . I would not put a big pe but it does not need it. Great company !

i forgot to say that font forget tpg maritime has been used as a source of funds because of how profitable and cash creating it is... In 2019 tpg maritime paid out a £5m dividend to parent company TP Group which you can see in the first document

You can if you understand what is going on ;) beccause these charges are only for an intra group cash transfer for the bigger TP group to fund the new ventures. You can see this to be true because in another link he sent for 2017 these charges did not exist. He knows TPG maritime very well. You can see in 2018 revennes were up 25% but profits were not because of this management charge starting for the first time. He is confident these are nothing more than a group transfer of profits. We will find out for 100% certain if tpg sell maritime and the price they are paid

https://find-and-update.company-information.service.gov.uk/company/00953609/filing-history/MzIzNjg3MDc4N2FkaXF6a2N4/document?format=pdf

Not really. Loads of old people die every day.... as sad as it is. A lot will have had the vaccine.... normal

I too cannot hold in an isa because it is a global depository recept

My friend who knows of the maritime business and lives in Portsmouth sent me this link

https://find-and-update.company-information.service.gov.uk/company/00953609/filing-history/MzI4MjM0ODI4MGFkaXF6a2N4/document?format=pdf

page 4 tpg maritime limited operating profit adjusted £5.258 million after footnote £2.306 million of management charge. real operating profit £7.564 million. I guessed a multiplier of 8.5 on operating profit for £65 million. It could be more

ok so 30 times 120 is 3600p.

would a better way to value to guess at eps in 3 years time and put it on 15x pe? trouble is that it could be 120p to 180p to 230p and then we are also 3500p

Both close which is nice

Nope. TP group is another hydrogen play that few have cottoned onto that I am looking at. Pressure technologies has hydrogen but only on storage cylinders