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TMZ Toumaz

2.125
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Toumaz LSE:TMZ London Ordinary Share KYG6390E1070 ORD 0.25P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 2.125 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 2.125 GBX

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Date Time Title Posts
10/1/201710:36TOUMAZ holdings ---- 2013 thread3,880
17/9/201311:55TOUMAZholdingd---Liftoff in 20093,561
30/12/201122:41TOUMAZ--------HUGE POTENTIAL (ex Nanoscience)36

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Toumaz (TMZ) Most Recent Trades

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Toumaz (TMZ) Top Chat Posts

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Posted at 02/11/2016 03:53 by chillpill
Nod,

I'm not the biggest fan of AS but the old TMZ with its management would have gone bust. Katie Potts at Herald Investment Trust drove the Frontier deal.

If Google home gets good traction then from here TMZ shareholders should do well.

The share consolidation has purposely been timed with the Google home launch.
Posted at 05/10/2016 09:44 by life of crime
That is good news. If the Google Cast products do well over Xmas, it will set TMZ up for a strong 2017, as more Cast enabled products come out powered by Minuet.

As the CEO has said, opportunities are opening up in the States for the company thanks to Google which should bring a big boost to earnings. Because Google has a global reach, their relationship with TMZ could be very prosperous and I have a good feeling about the firm's future.

They remind me of IMG around 10 years ago, when they were in good shape and juicy contracts were lining up, but the share price was low because they were seen as all potential but no delivery, until they won the GPU slot for the iPhone. TMZ/FS are in a similar situation now, but if Google Cast products do exceptional business then TMZ's earnings will be transformed, as will the share price

2017 could be the breakthrough year and, if nothing else, it will be the first full year without the loss making health division. On that front, I hope TSC sell Senisum in the next 4 years for a thumping profit (for the price they paid, that would not be hard!), as TMZ will get 19% of the proceeds. It would be good to get some of that investment back over and above the derisory £1.3M TSC paid.
Posted at 28/9/2016 06:13 by nod
The cost to shareholders of a name change and share price consolidation must be a lot greater than the cost of moving its registered office from Grand Cayman to the United Kingdom.A name change has an impact on all customers and their accounts. It involves rebranding of stationery, logos, web site, stock market listing, directories, etc. I went through this a few years ago and the logo change alone cost tens of thousands, with all the material and printing that needs to be changed. Many things people don't think about. The execs don't come across to me as good planners who can do this project in their spare time.The consolidation will inevitably lead to a falling share price as FSTG will be viewed as expensive given the size of revenue and profits. This process will also cost money without adding any value.
Posted at 02/9/2016 14:59 by life of crime
"Harman Kardan"

Thanks Richard, the penny has dropped now. As for a takeover, I think that is a realistic option but I sincerely hope the BoD resist it, as I think the potential for organic growth to take the share price to 10p over the next 2 years is realistic. If we had an approach in the coming months then, even with a hefty premium, the offer will be in single digits.

The good news is that 40% of the shares are held by only 3 or 4 IIs, so an opportunistic bid can be blocked if they club together. By the way, re the Sensium sale, we know that if TSC sell it inside 4 years TMZ get 19% of the proceeds.

However, if TSC is bought out during that period, of which Sensium would be a part, would TMZ get some of the proceeds as well? I assume they won't, which would be an oversight, as any buyer of TSC would have to attribute a valuation to Sensium as part of the due diligence. Does anyone know the answer? If not, I may drop a line to the CFO.
Posted at 29/8/2016 12:57 by sabre6
I think we are on the cusp of a share price rise as I stated several weeks ago the share price was showing signs of a rise and wanting to go higher.
I reckon this could go to 13p + over the next couple of years
Posted at 25/8/2016 23:31 by iamnoone
I don't believe Toumaz are a part of the current Echo. What Toumaz are trying to do is be a one stop shop for any manufacturer that want airplay, chromecast, spotify, etc capable audio products. Toumaz might be working on making Minuet compatible with echo technology to meet that goal but that is pure speculation.

I would hope the half year report will give some indication where TMZ are heading and maybe by then we will know whether the share price is going north or south.
Posted at 24/8/2016 14:47 by life of crime
Of course a lot of things have to go right to get to 10p and I agree it is more dreamland at the moment rather than delusional. However, imagine if Google Cast is a worldwide success and we are in with Amazon and we get a DAB switchover in the UK, all in the next 6-12 months. TMZ would look a completely different animal in those circumstances, while also being relieved of the cash drag that was Sensium.

I agree that the BoD are overpaid in relation to performance but provided they can get the share price to where we would like it to be, who cares? There are a number of positives that could transform the firm, we just have to hope that potential is converted into hard profits and, if so, we could see the share price increase by multiples, IMO.
Posted at 21/8/2016 09:32 by life of crime
Nod, as per my previous post, I think the markets are waiting for TMZ to make good on their promises after the disposal of the healthcare division. The share price has been higher in the past because of previous promises that did not materialise, especially in the case of Sensium, so the markets naturally want to see the firm deliver before they give a re-rating.

The disposal of Sensium may be seen as a mixed bag by the IIs too. It's true that in the short-term they have lost a cash drag on the business so they should be profitable soon. On the other hand, the IIs can also see a potential long-term cash cow has been sold off for peanuts. FWIW, I think the share price could be multiples higher than its current lowly level over the next 12 months, provided Google Cast does well and if we get a UK DAB switchover, which could happen in the same timeframe. The Govt could certainly use the money from selling off the analogue spectrum and DAB listenership is now close to the 50% threshold that is supposed to trigger the switchover.

Even if they announce a 5-year transition for the DAB switchover, TMZ would feel the benefits immediately as radio manufacturers will stop making analogue sets straight away because nobody wants a product that is going to be redundant in a few years. Exactly the same effect was seen with the television switchover, with stores like Currys slashing the price of analogue TV sets to clear as soon as the switchover was announced.

It will also give a boost to the DAB conversion units for analogue car radios, as there are millions of vehicles that will be on the road for years that have sets that won't work in the future. If it is an expensive car, owners may just switch their analogue set for digital; I can imagine trade-in deals being offered by the likes of Halfords to boost their in-car DAB sales. All of that would be good news for TMZ's revenues, with their 80% share of the DAB chip market. I am definitely tempted to top up my ISA with the shares at their current 2p level.
Posted at 04/8/2016 16:00 by life of crime
I agree that the slimmed down TMZ is a tempting target for a bidder, a bit like IMG. The question is for how much?

Any buyer, especially from overseas, may use the lower pound and the lowly share price to make a cheeky bid of circa 4p. Bearing in mind that Frontier is the CEO's baby I doubt he will be minded to sell out too cheaply, given that he will inevitably lose some control over Frontier's direction if a parent company takes over.

For that reason I think it will take a much better offer to make it worth his while to relinquish control of the firm just as it is poised to become profitable. I would resist an opportunistic bid and would prefer TMZ/Frontier to trade towards profitability for a couple of years, see how the Google tie-up pans out and hold out for a return to 10p, either through organic growth or a bid at a later date.
Posted at 22/7/2016 11:03 by life of crime
I am disappointed by the Sensium news. £1.3M is absolute peanuts and TSC have got a steal. I don't see why TMZ could not have done a JV with TSC but it seems clear that the CEO sees the healthcare division as a distraction and if TSC was the only interested buyer, and TMZ were keen sellers, then they were never going to get much money.

Also, if they are only getting 3% then 2% royalties over the next 10 years, then why didn't they negotiate a permanent royalty of 1% because it is clear that it will be in 10 years plus that the patch will become commonplace. All in all it is a lousy deal and suggests TMZ just wanted shot of Sensium. I guess it is a matter of time before the firm changes its name to Frontier Silicon and CT steps down from the BoD.

Looking to the future, at least they can concentrate on the CEO's comfort zone and the prospects for DAB and smart audio do look promising. It is a shame Ed Vaizey was removed from the govt as he seemed a real champion for DAB but I still think it is a matter of time before we get to the 50% threshold and the DAB switchover is announced. Prospects for Google Cast are also promising and that was a major win for the firm. I am going to hang on to the shares and with the firm now more streamlined (as per IMG) and profitable we should see a move north in the share price If Google Cast does really well, we may even see 10p again. At that point I think I will sell most, if not all, of my shares and that is my target for the next 18 months. We can but hope!
Toumaz share price data is direct from the London Stock Exchange

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