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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Turbo Power | TPS | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.035 | 0.035 |
Top Posts |
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Posted at 20/11/2017 13:47 by noirua Meeting:TAKE NOTICE that a special meeting of the shareholders of Turbo Power Systems Inc. (“TPS” or the “Corporation&r The main item is a vote to become a Private Company and to pass a resolution to pay shareholders 0.02p per share. Barnetpeter has summed everything up in the last post. --- October 10 October 10 hxxps://www.britdaq. --- TPS is being amalgamated with Yucon Inc the purchaser and is a subsidiary of TAO Sustainable Power Solutions (UK) limited. TAO owns 91.6% of TPS. 8.4% shareholders receive a MISERABLE 0.02p a share. TAO through Yukon Inc obtain TPS and do not just get the MISERABLE 0.02p a share. This rates as a CONsiderable steal. If I did the same I'd not object to my move being said to be like that of Stalin and being chucked into a Russia Gulag. |
Posted at 27/9/2017 13:28 by noirua TPS directors plan a conversion of shares combined with a buyback at 0.02p per share. The share consolidation will not now take place. A meeting has been called by the company. If agreed, present small shareholders will make substantial losses.The Company will convene a special meeting of shareholders to take place on November 22, 2017 for shareholders to consider and approve the Amalgamation. A copy of the above fairness opinion will be included in the information circular to be provided to shareholders in connection with the Meeting. The Board unanimously recommends that shareholders vote in favour of the Amalgamation Resolution. [ For what it is worth, vote against the proposal. It benefits 'TAO' and no one else. If I decided to offer shareholders just 0.02p a share, I would consider myself not fit to hold office as a director of a company ] |
Posted at 23/9/2017 13:49 by noirua Next Quarter Results, 3rd quarter to 30th September 2018, are due in late October. Probably about Monday 23rd October 2017.Last results, 2nd Quarter (already published) to 30th June 2017: ------ • The directors expect the proposed share consolidation, which was approved by shareholders at the AGM, to be completed in the quarter ending 30 September 2017 Carlos Neves, Chief Executive Officer, said: “During the first full quarter results since the change of majority ownership of the Company on 30 March 2017 the Company has signed two letters of intent for contracts representing more than £8.00 million. These should lead to sales order intake in Q3 2017 with deliveries commencing in Q4 2017. While the delay in signing new contracts, together with customer driven delays and rescheduling of production contracts into the second half of 2017, has resulted in lower revenues in the quarter compared to the same quarter last year, I am encouraged that there is a higher number of opportunities generated and more relevant in strategic importance than last year. This gives me confidence that our strategy is proving to be right. - I am also very pleased that TPS’ products continue to receive positive acknowledgement as demonstrated by the Highly Commended Certificate in the Environmental Category during the Rail Industry Award 2017. I thank the TPS team for continuing to work hard towards our Mission of “Delivering excellence and continuously exceed Customers’ expectations by adding value in everything we do”. |
Posted at 30/8/2017 14:26 by noirua The present buyer is offering to pay 0.06p at Britdaq for TPS. There are no sellers.A consolidation of 1 share for 5,000 shares is underway at present. Online brokers are in the main not showing TPS shareholdings at present. |
Posted at 25/8/2017 23:04 by noirua Not sure what has happened at TD Direct. Seemed to have changed my TPS shares into 'TURBO POWER SYSTEM INC COM NPV shares worth C$0.005 - worth C$59,000 (£34,000). All very nice on paper but I don't believe in miracles. |
Posted at 30/7/2017 14:28 by noirua 28 July 2017- Turbo Power Systems Inc. (“TPS” or the “Company&rdquo Announces Results for the Quarter and Six Months Ended 30 June 2017 • The directors expect the proposed share consolidation, which was approved by shareholders at the AGM, to be completed in the quarter ending 30 September 2017. |
Posted at 30/7/2017 14:27 by noirua 28 July 2017- Turbo Power Systems Inc. (“TPS” or the “Company” Announces Results for the Quarter and Six Months Ended 30 June 2017 hxxps://www.britdaq. |
Posted at 22/7/2017 15:00 by noirua Highly commended certificate for TPS Railway Industry Innovation Awards 2017Posted on July 18th, 2017 · Filed under Transport Turbo Power Systems (TPS) have received a highly commended certificate at The Railway Industry Innovation Awards 2017 for the Environment Category. The award was for the innovative Mark 3 static converters developed in collaboration with Chiltern Railways. We have supplied an energy efficient, lightweight and cost-effective power electronic solution to service all on-board electronics, HVAC […] |
Posted at 02/6/2017 15:19 by noirua A fair price still remains 0.15p to 0.2p for TPS. Maybe much higher for the patient, eventually.Trading closes at 4.30pm and that's it for TPS on AIM. However, a selling facility has been arranged. |
Posted at 27/4/2017 14:37 by noirua Difficult to put a value on TPS as the AIM quote looks to be gone in June. Price of shares was 0.3p or higher when bidders for TPS made heavily discounted bids for the company in relation to the market price, at that time. My guess is that a fair price is about 0.15p |
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