Time Finance Share Discussion Threads

[someuwin] 03/2/2010 13:58

I've bought back in with a few since Monday's RNS. I think that after year's of slower than expected adoption they now have enough different products/market sectors to be in a position to achieve profitability.

I am particularly excited by the toothbrush launch. If this achieves mass market acceptance (and I see no reason why it won't) then royalties from these alone will sustain a much higher share price

Timestrip has taken far longer than most expected and many investors have given up on them. But I think now might just be the time to get back in.

[seagreen] 03/2/2010 13:29

No good trading these .........buy what you can aford to lose and bung them in the bottom draw if it takes off it could go to 20p etc etc if it does not you write it off against capital gains.....but the potential in the health care sector still looks company changing to me.

end of story

[rkhl] 01/2/2010 17:51

The problem with TIME is that these sales are just not generating enough revenue. As good as this announcement is I am waiting for their end of year accounts to see how much their turnover has increased by. I agree a placing can't be far away.

[gogoneko] 01/2/2010 17:12

There are countless examples of previously listed companies in the investment graveyard who perennially returned to shareholders for more funds because they never managed to sell their products, constantly discovered "new applications" to appear to be dynamic, yet the directors always talked of the potential whilst never generating the revenues to create a profit! I see little to indicate that TIME directors are any different in this respect (and history supports this opinion well) but I'm hoping that at some point they will be able to succeed. I think that I'm being realistic in assuming that history will repeat itself and another placing and fund raising is likely this year and that in order to make that succeed the directors know how to generate a market in the shares .... feed PIs yet more jam but never manage to generate the revenues.

If you do throw enough money at even the most amateur of directors then I'm sure that they'll eventually generate a profit and that may happen here.

[boldtrader] 01/2/2010 15:17

TIME have great innovative products,getting them to market always takes more time than anticipated.They have medical, perfumery,food sand many other Industries showing an interest.Something has to come to fruition sooner or later,or, are the RNS's all lies like some on this BB will have us believe. I dont think so. I'am holding,good luck. Cheers.

[paul augustus] 01/2/2010 15:17

Would be a strange strategy to hold on to news like this and only then release it when the price takes a dip.

[andrbea] 01/2/2010 14:04

toothbrushes, seems a big market to me

eg

Toothbrushes are used by virtually everyone in at least the western world. Unfortunately, while dental professionals recommend that a toothbrush should be used twice a day for three months only, the majority of people change their toothbrush much less frequently. In Europe, the average is just 1.3 toothbrushes per consumer per year.

[gogoneko] 01/2/2010 12:05

dnfa1975,

I thought that they'd turned the corner with their news of 26th Oct. last year (hence I bought in), but it may turn out to be a one-off considering the lack of interest shown since.

[dnfa1975] 01/2/2010 11:54

they never talk about revenues because to use the old business cliche, my local village chippy has bigger sales

[peawacks] 01/2/2010 11:44

Sharethelove, I totally agree.

Why don't you get out, gogoneko ? Or are you out already ?

[sharethelovearound] 01/2/2010 10:36

i don't think that the volumes traded historically support your slightly cynical theory. The company is caught either way - everyone wants news of any progress but when they put out news people like you say it is the wrong kind and that there is an ulterior motive for it.

[gogoneko] 01/2/2010 10:05

dnfa1975,

Personally I'm expecting the tank to be empty towards this calendar year-end, so less than 12 months - obviously they can't wait until the money's run out, so perhaps yet another cash call within six months if no serious revenues arrive.

This would explain why there are these insignificant RNSs when the price dips to around previous placing prices because obviously those privileged investors who've previously supported the company in their numerous "hour of need"s themselves need a market to dump their stock into before taking on board another fresh issuance of discounted stock.

[peawacks] 01/2/2010 10:00

From Hoodless Brennan

Timestrip (TIME, 1.625p, £8.07m) has announced a major contract with a toothbrush manufacturer for integration into the handle to remind of time to replace. Launch is expected in Q3 this year – through a global retailer. Although initial order values are expected to be modest there are a huge number of tooth-brushes sold each year. We maintain the group as a SPECULATIVE BUY with a 2p price target.

[dnfa1975] 01/2/2010 09:53

The Company had cash resources of £0.9m as at the end of June.

But it has a cash burn of £1.5m or so a year, so it must be getting close to running on empty

[dnfa1975] 01/2/2010 09:50

i remember they made a song and dance about the WD40 contract and it ended up as only worth £50,000 over five years or something like that
Will probably run out of cash soon imho, havent looked closely at cash but just my gut feeling

[sharethelovearound] 01/2/2010 09:43

it's a big old market though and the first deal is usually the hardest to get.

[dnfa1975] 01/2/2010 09:05

Bet the contract is worth diddly squat

[someuwin] 01/2/2010 09:00

Contract Win - Toothbrush Order

TIDMTIME

RNS Number : 3573G
Timestrip PLC
01 February 2010

?

1st February 2010
TIME.L


Timestrip plc
("Timestrip" or "the Company")

Contract win - Toothbrush Order

The Company is delighted to announce that it has received its first order to
supply a custom designed Timestrip for full integration into the handle of a
mass-market toothbrush. The order is from a leading supplier of own-label
toothbrushes and a product launch, through a global retailer, of the first range
of toothbrushes is scheduled for Q3 this year.

Packaging instructions worldwide usually state that toothbrushes should be
replaced at least every three months for dental and general hygiene reasons. It
is widely accepted that consumers struggle to comply with this instruction and
are therefore using toothbrushes that are past their useful life. The Timestrip
will be fully integrated into the body of the toothbrushes, to be activated by
the consumer upon first use by simply pushing a button on the handle.A window
shows the highly visual colour progression across the Timestrip, helping remind
the consumer when it is time to replace the toothbrush. The Timestrip is easy to
activate, reliable and cannot be reset or stopped once in use.

Confidentiality restrictions currently prevent the disclosure of the supplier or
the retailer who will launch the product. The value of this initial order is
modest although the potential exists for this product line to become a major
future revenue source for the Company. Approximately 110 million toothbrushes
are sold in the UK annually, and 400 million in the U.S.

Paul Freedman, Joint CEO Timestrip Plc: "We have long been aware of the
compelling proposition for integrating a cost-effective timer inside a
toothbrush. It offers clear health benefits to the consumer as well as obvious
commercial benefits to the manufacturer and retailer. The global opportunity is
self-evident and we are delighted to be taking this important step towards mass
market commercialization of the technology in this sector."

Ends.

[gogoneko] 01/2/2010 08:02

Hmm!

"I wonder sometimes if they issue news primarily to prop the price up above 1.5p for last year's placing participants to sell into - in which case we may get some soon." (28th Jan)

Nice to have an order although the news has a high "jam tomorrow" content.

[someuwin] 01/2/2010 08:01

Massive news here today. I've been waiting years for this RNS.

[boldtrader] 29/1/2010 07:55

Well thats good news.all we need is some of these large Co,s to bring these TIME innovations to commerialization, Thanks teaboy.

[tea boy] 29/1/2010 00:30

from the website....

Timestrip has been recognised at the annual PCD (Perfumes, Cosmetics & Design) Awards in Paris. The awards are designed to single out packaging and design innovations and this year's winners included Lancôme, Chanel and Bobbi Brown.

Chosen for particular mention in the Jury's Special Distinction category, leading brand CARGO Cosmetic's collaboration with Timestrip on its trademark lip glosses received praise for its innovation and consumer appeal. A 'Jury's Special Distinction' diploma was presented to Tristan Allen, Timestrip's Commercial Director, at the PCD Congress and Exhibition in Paris. The congress gathers together decision makers from all the major cosmetics groups, as well as leading packaging suppliers and this year had a theme of sustainable development for make-up, perfumes and body care.

European legislation now demands that cosmetics products have a PaO (Period after Opening) symbol clearly displayed, to show consumers the shelf-life of the product once opened. Embedded in the cap of CARGO's lip glosses, the integrated nine-month Timestrip® enables consumers to keep track of exactly how long the lip gloss has been open and gives them an accurate indication of when it needs to be replaced.

"It's very satisfying to receive another official recognition of our work with CARGO," said Tristan Allen. "This project resulted in a product innovation which was not only functional, but also met the very demanding aesthetic requirements of the cosmetics sector.

[boldtrader] 28/1/2010 09:55

Hospital over the Christmas/new year period and several cannulaes inserted!!Talking to a specialized cannulae nurse checking mine one day,yes, my cannulae and she was saying she had seen the product, knew of the award won last year,but said that they were not going to use,too bulky for the patient in present form.Rightly or wrongly this NHS hospital prefer the paper trail method.
I'am currently attending 2 NHS hospitals in my area and the other gave me the same answers to my questions. Only 2 so others could have a dfferent view,just reporting what I know. Without tinkering with the product I fear other hosps will have the same conclusions.
US, may have different ideas.Await with baited breath but this Timestrip cannulae product may not have the legs we all hoped it had. Good luck and cheers to all.I still hold but do not like the SP!!

[gogoneko] 28/1/2010 07:25

A placing remains a possibility, but I think that it's boredom.

I'd been expecting a bit of news on the Whittington trials and the Timestrip Medical in N. America, but neither has materialised - which in the case of the Whittington, having made a "Preliminary findings" announcement, was a disappointment. A while ago I sold half my holdings because I still don't trust this management and to have so long without new revenues news worries me a bit because I anticipate that they need a few more orders to be trading profitably. I wonder sometimes if they issue news primarily to prop the price up above 1.5p for last year's placing participants to sell into - in which case we may get some soon.