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Touchstar Share Discussion Threads
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|Cheers r - wouldn't we all :o)) The tone of the news release sounds like Movecorp has grown quickly given "offices...in most corners of the world". Anyway, I think the importance to TST is more due to their wishing to highlight the sale of the PODStar system rather than the materiality of the sale itself. Hopefully it's a precursor to bigger things to come.
Let's hope next month's results - and more importantly the outlook - reflect the optimism shown in the recent director buying.|
|In fairness Rivaldo Movecorp is a tiny biz , net worth £127k & loss making so I don't see this as being any more than fluff..what I'd like to see is big fleets being signed up|
"movecorp select TouchStar for EPOD & Vehicle Inspection
13 March 2017
movecorp are a rapidly expanding West Midlands (UK) based international shipping company. Founded in 2007, the company has offices and authorised agents in most corners of the world. The range of services that the organisation offers covers every conceivable removal and shipping scenario....
......The company recognised that improvements in its logistics systems could provide a double-edged benefit, securing both bottom-line gains for the business as well as significant customer service enhancements. movecorp required a system that could optimise the scheduling and tracking of vehicles, as well as automate the proof of delivery process. After a thorough examination of available systems, James Tennant (Sales Director) opted for the PODStar system from Manchester-based TouchStar Technologies.
The Cloud-based PODStar system offers a 'Planning and Optimisation' tool makes automates existing manual processes. Using real time job information, clients are able to drag and drop jobs onto the relevant vehicles. Built-in checks, ensure that vehicles are not overloaded. Once a manifest has been created it is then automatically sent out to the drivers remotely in the field. To further enhance the efficiency, via a click of a button, jobs are automatically allocated vehicles in the most efficient order and display the route on a map saving movecorp fuel and time on the road. Once downloaded the driver can receive their jobs and complete in real time. movecorp deliver drivers are equipped with smart phones with the handheld device used for both proof of delivery / signature capture and tracking of the driver and vehicle location. Back at the movecorp headquarters, management can view a real-time update on a map showing the fleet position as well as additional data and the job status and driver performance. movecorp customers can login to the cloud-based system and enter jobs, view jobs and even track their deliveries, all of which as James Tennant remarks "offers a significant advancement in the service that we provide to our valued clients".
With regard to their vehicle fleet, movecorp take their responsibilities in the area of employee and public safety very seriously. In this respect, the PODStar system also offers multiple facilities to enhance safety. PODStar lets movecorp store key reminders, like tax, MOT, and service dates against their vehicles and to be notified in advance of renewal dates whenever management log into the system, thus ensuring full legal compliance. Furthermore, driver smartphones can also be used to take photographs of any damage or low tyre treads, record a driver’s digital signature and capture the date, time and GPS location at the time of the check to ensure the highest levels of accuracy and eliminating paperwork. The PODStar software enables the driver to produce an on-device report which is extremely useful in the event of being stopped by the police or other officials.
James Tennant concludes: "The thoroughness of our initial search for a competent supplier has paid dividends. In TouchStar we found an organisation whose professionalism extended beyond the excellence of the PODStar product itself, right through to the installation and support aspects of the project. Our delivery drivers appreciate the simplicity and user-friendliness of the system and it's helped our fleet manager ensure that we're legally compliant. Our customers have expressed their appreciation of the client portal facility. Overall we're delighted with the system, as we continue to expand, we and look forward to a long-term relationship with TouchStar."|
|There was (is) 3 or 4 of us on there that own TST but was meant in jest!|
|Positive vibes from SND's AGM statement this morning - their Proteus business partners heavily with TST:
"The Sanderson Enterprise businesses have also made a good start to the new financial year and those businesses whose activities are focused in the wholesale distribution, logistics and fulfilment sectors have continued to grow steadily in this very active market sector."|
|TST's two sectors featured in industry articles on their web site in the last couple of weeks FYI:
"Confidence Grows in UK Logistics"
"Things to consider when moving to Buy on Board"
|Not convinced spooky, it just seems to be you RebelChatRoom lads buying :-)|
|I wonder if we hear some contract news soon, they have been creeping higher for a few days now.|
|Good to see Ian Martin buying more shares last week whilst I was on hols. He's now bought another £37,000 or so of shares this month at around the current price.
Let's hope the mid-April results contain an outlook which confirms his optimism.|
|Pavey Ark, thanks for pointing that out. Another RNS missed by ADVFN notification which is getting a common problem now, and I had forgottEn to enter it on to LSE|
|I'm as much at fault as anyone and I haven't even looked in here for a while but surprised that there was no comment on the recent directors purchase.
This purchase is 14 days after the last one and even closer to the closed period.
Regardless of closed period or not there's nothing quite as soothing as directors buying with their own cash.|
|Depends who you were speaking with. If a bookkeeper or suchlike then they might not be fully aware of the rules. And many directors are also unaware of the precise rules - and don't have the common sense to always consult advisers.
I'm pretty sure you were misled. Contact them again if you're bothered.|
|hmmmm. Its not making sense. They clearly told me they were in a closed period, as I disputed with them that that in itself would not prevent a Director speaking to me.
Again its not based on fact but a couple of CEO's have told me it is the NOMAD's responsibility to advise the Co when to enter and exit closed periods.|
|Actually PJ1, I was interested and had a Google, and it seems that the rules have changed since July last year - the closed period is now only 30 days before publication of interims and finals. I'd be grateful if someone could confirm that's now the case.
Whatever the case, TST were most definitely not in a closed period after the trading update. Unless they were pursuing another transaction, such as being close to finalising an acquisition. In which case they certainly wouldn't have told you they were in a closed period :o))|
|rivaldo-I phoned them after the profit warning and was clearly told they were in a closed period. So there must be something else?|
|Good to see the Chairman buying another £30,000 or so of shares at these levels.
PJ1, TST are only in a closed period from mid-February, i.e 2 months before the mid-April prelims date. The rule is either 2 months before that date or the period from the year end to the prelims date if that period is 2 months or less.|
|I thought they would be in a Closed period until Results?|
|Chairman buys 35/-|
|I see that Ian Martin has been buying too:
"Touchstar plc ("Touchstar" or the "Company"), specialists in real time data capture and mobile computing solutions for the retail, logistics and transportation sector announces that it has been informed that on 27 January 2017 Ian Martin, Chairman of the Company, purchased 25,000 shares at 80.6 pence per share and on 30 January 2017 he purchased a further 10,000 shares at 84.5 pence per share.
Following these purchases Mr Martin and his wife hold 310,250 shares in the Company representing approximately 4.9 per cent. of the Company's issued share capital."|
|Thanks Rivaldo. Bought a few more this morning on the strength of the WH Ireland note. GLA.|
|Quite a turn up for the books! I'd expected a slow decline until Results|
|No worries. Certainly interesting and although TST still has to deliver, I'm guessing that 2017 could pave the way for some positive momentum.Ian Martin has agreed to a catch up on results day so I'll pen something then.Current rating looks cheap enough and if this year does mark a turning point, then the shares would surely trot back up to levels achieved a couple of months back.|
|Interesting - WH Ireland this morning have upgraded to Buy and increased their target price to 119p (from 101p) following a recent visit to the company.
They forecast historic 6.6p EPS for 2016 and 12.6p EPS for this year.
Thanks for the note mate.|
|PJ 1, you are forgiven ; so stay put.|