Time Finance Share Discussion Threads

[kkeeft] 31/3/2010 15:19

I can't believe that this will continue much longer. Their products seem to have worth but you have to sell to make money. What is the sales force doing to help I wonder?

[andrbea] 31/3/2010 12:48

another 20% shaved off....

[seagreen] 25/3/2010 16:45

well someone is buying the stock otherwise it would be zippo...fingers crossed

[barney28] 25/3/2010 14:40

*uck off DOUGHNUT

[dondo the magnificent] 25/3/2010 13:48

why the drop?

[dylanl] 24/3/2010 15:09

I'm a small time investor who has fallen out with this share (not necessarily the technology) but could throw a little cash just in case it comes good. Head says it won't come good as there's not enough money coming in and the technology itslef won't be worth an awful lot (am I righ in thinking 496.81m shares in ciculation means that it's currently worth around £2 million??) - so is someone willing to pay £2m for a few very small contracts but a fair bit of potential, possibly but you wouldn't pay much more than that. Any experts out there?

[squire007] 21/3/2010 10:00

at this price there will be a few buyers sniffin' even from with-in !

[gogoneko] 19/3/2010 20:59

59david,

It's a bad sign that no new investors have been convinced that the company has a future in a form which the directors have put forward for their consideration. More importantly than that IMO is that the rejection by existing investors really highlights a loss of confidence in the directors to the extent that rather than inject fresh capital they are prepared to walk away and risk writing off what they've provided to date. Whatever the directors proposed which has led to that outcome must have been awful.

The shares aren't worthless yet but sadly now that they're languishing at these levels, I'd say that the best outside hope is for an outright offer at perhaps 0.75p. If they're lucky perhaps a decent contract may appear but any contract negotiations will now be in doubt owing to the company's stated inability to continue trading in its current form, which is a destructive cycle. If any new money arrives to retain the status quo then more than likely new investors would only be willing to subscribe for stock at a good discount to today's price, e.g. 0.2p, so imagine the damage of the company needing amounts sufficient to trade for another 18 months, e.g. perhaps 600m new shares. That would probably be the minimum if they are still a long way off profitability, which appears to be the case given lack of interest. An offer which replaced the incumbents would again unlikely be at much of a premium to today's market cap because of the costs, and it would probably be dilutive so that the newcomers had control.

Obviously it may be none of the above, but as far as I'm concerned there are still far too many bad smells emanating from the sudden departure of Stephen Oakes - I'd like to be proven wrong that that action and the events leading up to it have not influenced the decision of potential investors.

[59david] 19/3/2010 18:57

This is not the first company to run into funding problems in the last year. To my mind it does not follow that they have completely failed - just that they have not persuaded anyone to invest and provide them with sufficient working capital to enable them to continue. It does appear however that unlike in most cases the directors have held their hands up before they go bust to publicly state that they need external investment and are hence open to all offers which must increase the chances of someone coming along rather than if they continued to talk to current investors and potential investors that their advisers know. In other words I don't think it necessarily follows that the shares are worthless and there must be a real possibility that there will be some value for us all here. The challenge is how high that poissiility is but this is the reason why some people might be buying at this time. I held shares in another company (name escapes me at the moment) which announced it was in a simpimar position and people piled in at under 1p and within weeks they managed to sort themselves out and the share price got to around 10p so don't give up hope yet

[mikey34] 19/3/2010 15:15

rkhl,
Can only presume one of 2 scenarios;

1.Desperately averaging down and thinking/hoping it wont go under.
2.Coming in for the first time and taking a punt that if it survives it could massively multibag and being prepared to lose the whole stake quickly.

Neither scenario looks very attractive to me but I suppose it depends on your attitude to risk.

[bozzy_s] 19/3/2010 15:12

It's because day traders are idiots and nearly always lose money! They fail to look at the facts, and choose instead to believe made-up hype on Bulletin Boards. In this case, to be fair, there hasn't been any blind ramping.

[rkhl] 19/3/2010 14:35

Can't quite understand why so many people piled in yesterday at .5p. Now .25p to sell. 50% loss in 24 hours!?

[a0502162] 19/3/2010 13:41

Well this turned out to be crock of sh*t.
I can see someone buying it cheap, winding it up, keeping the technology and shifting it all over to China and make packet from it.
But you won't see a penny from it, glad I bailed out. Bye, bye.

[boldtrader] 19/3/2010 13:12

Regards the latest RNS, if the products and technology of the Company are as groundbreaking as we think they are it follows there should be a buyer out there. Fingers crossed,The game ain't over yet. Cheers.

[bones30] 19/3/2010 09:50

I've got another one to add to that Dylan... not TIME but IMO never invest in companies which have roots in academia. Never seems to work.

[bones30] 19/3/2010 00:53

LOL. What a bunch of c*nts. This one is an excellent lesson in fundamentals and why one shouldn't buy jam tomorrow.

[squire007] 19/3/2010 00:38

lol ..... it will come back

[boldtrader] 18/3/2010 16:33

Not the best of days!!

[jotoha2] 18/3/2010 13:52

gogo, why should I feel frustrated, I made my profits here well before you even came on this board, so no problem there , this like so many AIM stocks, including oh yes WTV was never a proper investment but just a little number to day trade when the opportunity arose.

[squire007] 18/3/2010 13:05

not if you know someones going to buy these ijiots !

[gogoneko] 18/3/2010 10:51

Looks like the candidates who follow the % Losers board for the day's underperformers are appearing for a short-term trade.

[seagreen] 18/3/2010 10:47

probably worth this amount for a shell anyway 8-)

[squire007] 18/3/2010 10:46

BUY out .............. for this baby !!! GLA

[still waiting] 18/3/2010 10:18

I suspect the cost of terminating contracts of employment etc will be too high for a new bod to be installed, hence expect the worst.

I liked the ip just not the cashburn, it was never going to make it without further backing hence it was just on monitor.