Tekmar Share Discussion Threads

[8trade] 26/5/2009 09:19

But if the fundamentals are good then it will reach your target price
quicker with high volume than if they refuse to let people buy and manipulate
the price downwards, traders will always be replaced with longer term buyers
if the outlook is rosy.

What i'm saying is they could have least offered 25k, 10k or 2.5k is just
taking the micheal !

[davidosh] 26/5/2009 09:18

Anyone actually going to the Agm later today ?

[gogoneko] 26/5/2009 09:06

8trade,

Normally I'd join in a gripe against the mm's but recently I've seen AIM investors just pile into a stock for no good reason other than to cause a stock shortage and then dive out. I'm not surprised the mm's shut up the online shops, probably in anticipation. Even though I'd love the TGP share price to be much higher I'd prefer the flock investors to rampage a different stock.

[baner] 26/5/2009 09:01

rivaldo and gogoneko:

i agree 100% with you. TG21 is generating strong cash flow - the 21st business operates with 20% ROS and basically no CAPEX needed at all.

the property and datatool disposals will generate say £3.4m and add another £1.1m generated from ops in 2009 = £4.5m of free cash by year end = 5p/share!!

the company´s broker still has not grabbed the value of these remaining on-core assets - while they infact underpin a large proportion of the market cap !

so, assume 5p of net cash, the EV will be 1p/share @ 6p. for this penny, or just below £1m in total, you acquire 100% of 21st Century: a growth tech company turning over maybe £10m and making £2m pre tax - "not expensive".

what should this be worth ?

net cash by year end 5p
PER of 10 on £1.4m EAT 15p

total 20p

the most interesting aspect is the risk/reward:

at 6p, 5p is "covered" by potential non-core assets/cash.

so the market pays 1p for something that should be worth 15p already today!

and where is the downside in this ?

well done to Peter Ward and his team and also a really clever move by the Swedish investor Gullenhamer!!why cant our overpaid fundmanagers in the UK find these truffels for us?

[8trade] 26/5/2009 08:58

Here you go.

Sell 150k at 5.4p online, 50k sale gets 5.5p

Max buy is 2500 at 6p !

Very generous !

[8trade] 26/5/2009 08:47

Quite a common thing now with online trading.

Any company that comes out with good news 9 times out of 10 you wont
be able to buy online, well unless you limit it to coppers, hardly fair
play by the mm's, just a sign of the times, the market is and will
remain totally one sided to the market makers !

[rivaldo] 26/5/2009 08:39

Excellent - not many shares available then. Any demand and things might get interesting.

Gogoneko, your figures assume an annualised 1.4p EPS this year. If you add on the say 4.5p per share NAV then a share price of 15p-20p becomes perfectly reasonable given the prospects - assuming TGP deliver.

The TFL contract is a bonus rather than a necessity - TGP's prospects are good enough without it, but stellar with it. The same applies to the £2.7m property sale.

The good news is that with the EcoManger rollout, plus the 21st Century CCTV implementations, we are likely assured of good news flow and results for the next year or two.

[8trade] 26/5/2009 08:25

Probably no trades because you cant buy online !

[gogoneko] 26/5/2009 08:24

I'm sticking with my 0.7p eps for H1 so for me I still think that they should be trading in the 10-15p range but I'm sure they'll get there eventually once confidence returns. Even if the TfL contract doesn't come off (and I understand that the report writer isn't a pushover) they already look to be on course for a nicely profitable H1.

I hadn't anticipated that the Ecomanager would be taken up so enthusiastically and had been relying on CCTV being the main profit-maker. That was a pleasant surprise.

[supreme mo] 26/5/2009 07:54

I make em 5-6p.

Have a good day all ;-)

[rivaldo] 26/5/2009 07:39

Fantastic trading update.

The current m/cap doesn't even cover £4.4m tangible net assets, including the £2.7m property.

Then add on the potential profitability (given that the broker forecasts are ludicrously low)...we must be talking about fair value of well above 10p per share.

And what on earth will happen if we get news that TGP has won the TFL contract?!

[supreme mo] 26/5/2009 07:25

do you reckon we will open up in the blue?!!

[woodie3] 26/5/2009 07:23

Arriva has given the green light to fuel-saving technology which, together with changes in driving technique, will help cut exhaust emissions from its UK bus fleet.

The company confirmed that all new buses delivered in 2009 will be fitted with EcoManager, a system developed by Arriva over the past two years together with technology supplier 21st Century, a subsidiary of TG21 plc. A further 1,800 buses are having the equipment retrofitted this year.

Driver training and adoption of eco-driving techniques are central to delivering the improvements in fuel consumption that the technology supports.

Arriva has developed a training programme in tandem with trials and development of the system which began at Arriva's bus depot in Runcorn, Cheshire, in 2007. Training for new drivers includes advice on eco-driving techniques, avoiding harsh acceleration or braking whenever possible and improved anticipation of changes in road or traffic conditions to ensure optimum fuel efficiency.

A dashboard-mounted LED display runs from green through amber to red depending on the level of fuel consumption. With improved awareness drivers can maximise the amount of time their bus runs in the green and save fuel.


Training begins with a video presentation and a coaching session for drivers to become familiar with the system. Drivers get a monthly printout showing their performance compared to both the depot average and the best performing driver. Individual follow-up training is available to support those who need it.


During 2008 the trial in north west England was widened to 500 buses, and results indicated an overall fuel saving of up to12 per cent. Based on this experience, and an assumption of fuel economy improvements of five to 10 per cent in normal operating conditions, Arriva has committed to roll-out the system and training more widely across its UK regional bus operations.


For fleet management, the system's 'black box' produces detailed reports enabling comparison between different vehicles on the same route, different driving styles in the same vehicle and a particular vehicle type's performance on different routes.
Passenger research also points to improved customer satisfaction as a result of smoother acceleration and braking.


Arriva UK Bus managing director Mike Cooper said: "It's vitally important to conserve fuel as much as possible so we can deliver value-for-money local services and for the environmental benefits it brings.


"The key to the success of this programme is our people taking on a new way of thinking, and driving. The technology alone can't make the difference that the people can, so it's great to see our drivers have taken to the challenge and are easing off the gas.


"Giving the green light to the EcoManager roll-out should see the system installed in more than 40 per cent of our regional fleet by the end of the year – with each of those buses reducing its emissions by up to 10 per cent."


Peter Ward, Chairman of TG21 plc, 21st Century's parent company said: "We are extremely proud of what 21st Century and Arriva have achieved with the EcoManager product to date and are looking forward to building on this successful partnership through a wider roll-out."


In 2008 Arriva set itself a challenge of reducing its greenhouse gas emissions footprint by 15 per cent, like-for-like, from the 2006 level by 2012.

Back to 2009 press releases

[woodie3] 26/5/2009 07:19

agree great news

[woodie3] 26/5/2009 07:14

RNS Number : 7472S
TG21 Plc
26 May 2009



26 May 2009




TG21 plc

('the Company' or 'the Group')




AGM Trading Update




TG21, the vehicle installation service provider supplying public transport CCTV and other monitoring systems, is holding its Annual General Meeting today at 10.30am at The National Control Centre, Drake Road, Mitcham, Surrey, CR4 4HQ.




A resolution is to be proposed at the meeting to change the name of the Company to 21st Century Technology plc.




Peter Ward, Executive Chairman, will make the following statement about current trading:




'The Group is trading ahead of management expectations for the year to date as CCTV contracts with Arriva in Europe and Go-Ahead Group in the UK made a significant contribution in the first quarter.




Sales of our EcoManager system also received a boost when Arriva announced that all its new buses in the UK and 1,800 buses in their existing fleet will be fitted with the fuel-saving device.




Cash flow remains strong and I am particularly pleased to report that the Group maintains a net cash position.'

[dipso] 26/5/2009 07:06

Brilliant! AGM statement

"The Group is trading ahead of management expectations for the year to date as CCTV contracts with Arriva in Europe and Go-Ahead Group in the UK made a significant contribution in the first quarter.

Sales of our EcoManager system also received a boost when Arriva announced that all its new buses in the UK and 1,800 buses in their existing fleet will be fitted with the fuel-saving device.

Cash flow remains strong and I am particularly pleased to report that the Group maintains a net cash position."

[supreme mo] 26/5/2009 07:06

Awesome update in my opinion - shares should open higher I would have thought.

[supreme mo] 23/5/2009 22:14

will be interesting to see what the trading statement says and will also be interesting to see whether or not the property sale is going to go through.

[gogoneko] 19/5/2009 10:22

I'm quite sure that we will get a trading update statement at the AGM as there's been one in each of the previous years. We've had no update for some time and if the "excellent" trading indicated for Q3 has miraculously ( ;) ) continued into the current quarter then it should be very good reading.

[rivaldo] 18/5/2009 11:32

Interesting article about a TFL trial introduing a speed limiter on a bus, in a taxi and in 20 cars:



Given TFL's links with TGP/21st Century perhaps there's business here for TGP fitting the limiters on to the buses etc if the trial is successful? Just a thought.

The AGM is on the 26th - hopefully we'll get some sort of trading update etc.

[gogoneko] 14/5/2009 10:12

Looks like the mms marked the price up in anticipation of some T-trading leading up the AGM. Can understand why they'd thought it would happen, but I expect that TGP investors are a lot more cautious about this company delivering these days.

[woodie3] 12/5/2009 19:58

not long to the agm

[supreme mo] 12/5/2009 18:30

l2 looking strong - were bidding for 120k earlier offering 5k at 6p...

[supreme mo] 05/5/2009 18:47

good to see buying again in these.. mms were bidding for a large volume earlier today.