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TGR Tirupati Graphite Plc

7.50
0.75 (11.11%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Tirupati Graphite Plc TGR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.75 11.11% 7.50 12:49:16
Open Price Low Price High Price Close Price Previous Close
6.75 6.75 7.75 7.50 6.75
more quote information »
Industry Sector
MINING

Tirupati Graphite TGR Dividends History

No dividends issued between 01 Jun 2014 and 01 Jun 2024

Top Dividend Posts

Top Posts
Posted at 31/5/2024 10:34 by flc
Whatever happens, it's never a bad thing to have a reputable Chairman with a strong track record on board and lets be honest, I don't think he would have risked his reputation if TGR didn't have a future.
Posted at 31/5/2024 10:24 by kemche
kemche - 15 Feb 2023 - 16:10:45 - 926 of 1245 Tirupati Graphite - Specialist graphite and graphene producer - TGR

Indian graphite play. What could possibly go wrong?
Posted at 29/5/2024 12:06 by citys2874
TGR and MATD having a good morning expect a break out and rally this afternoon
Posted at 29/5/2024 10:50 by apotheki
As a FYI - TGR are standard LSE listed and not AIM listed so no NOMAD but the lawyers are Bird & Bird - who basically act as such which is rather surprising given all the potential reputational risk issues.
Posted at 29/5/2024 10:08 by xcap1
One positive is that it's now fully in the open and if there is a clean sweep and new Board finally TGR might just be on the right path
Posted at 29/5/2024 08:30 by apotheki
Tw*tt*r aka X

Free Tirupati Graphite…!
@freetirupati

'I believe that [the proposed directors'] plans are aligned with the interests of the shareholders and will allow the company the clarity and focus required to build #TGR.'

-Hemant Poddar
#FreeTirupati

Read his full letter to shareholders:

freetirupati.com

Letter from Hemant Poddar to TG Shareholders — @freetirupati
Posted at 26/5/2024 13:01 by xcap1
All public knowledge Per link https://www.thearmchairtrader.com/uk-shares/tirupati-graphite-tgr-governance/
Posted at 10/5/2024 16:03 by jaknife
The numbers are dreadful. Why on earth would anyone put fresh equity in when the company is hopelessly loss-making and burdened with debt?

The market at the moment is terrible when looking to raise funds for loss-making companies, eg see Genedrive's raise yesterday; that was done on a pre-money valuation of just £1.7m. The equivalent for TGR would be a raise at 1.6p a share.

Given how the market is I wouldn't be surprised to find out that TGR can't raise the funds and it ends up in administration.

JakNife
Posted at 07/3/2024 08:23 by ikn
from today's update:
"Recent meetings with the Madagascar Government for the release of VAT refunds of c. $2m have further added confidence that these will be returned to the Company imminently;

ยท Establishment of working capital facilities from the Company's bankers in Madagascar being progressed supported by a personal guarantee being agreed to be provided from the Executive Chairman;"

my thoughts:
- if Madagascar Govt releases vat funds then that would be a big boost to growth plans
- otherwise : this is just creating a narrative/scenario that TGR's problems can be blamed on the Madagascar Govt and not the board of TGR

- if getting a bank loan is so difficult : banks consider TGR high risk.
Posted at 18/1/2024 11:28 by jaknife
Tirupati Graphite hasn't raised debt because it's not credit worthy. It's that simple.

The first rule of banking is: "How am I going to get my money back?". If a bank were to lend money to TGR today then, once TGR has spent that cash, how exactly are they going to pay the bank back? TGR doesn't generate cash - it's a loss-maker - and so the only way that the debt would be repaid is if TGR could raise more cash from someone else.