TruSpine Technologies Share Discussion Threads

[goldengoose] 15/7/2002 13:52

Yes and ditto to the previous - he's got software that tells him how much toast we have for breakfast ;0).

[jetvan] 15/7/2002 13:38

GG do you reckon gf will find us in here :- )

[jetvan] 15/7/2002 13:35

Agreed GG ...
One mans sell , is another person's buy.
Happy to have brought in the 40s.

Just wish I could have brought more .... but holding some cash back
for motion's rally .. . : - )

[goldengoose] 15/7/2002 13:24

jet - It would make sense but he's not commented yet perhaps you could edit..?

Disappointing, multi hasn't posted (yet) - those 25's look as though they were the cause of such a mark down i.e. sold. OK mostly covered, but no price change since, therefore I assume there may be more to follow. Perhaps whoever decided to get out either bought during the low 30's or required the cash for something else leaving plenty for others (commendable?) - a remarkable day indeed esp. with orders that looks set to make Telspec a very sensible company to have in ones kitty. What a weird market! GG

[jetvan] 15/7/2002 13:16

Opps, maybe he did ... Case of friendly fire incident ?

[goldengoose] 15/7/2002 12:48

Didn't he mean 129p jet?

[jetvan] 15/7/2002 12:07

Ranji ... do you mean £1.29 ?
this is a cash generative tech stock with no debt .... Long term price could
reach £1.50 IMO

[goldengoose] 15/7/2002 10:30

Morning all, surprised multi hasn't posted yet.... he should be delighted overall, unless he sold to buy more mmd :-)? Can't quite understand the mark-down, presumably mm's were stocking up a little in anticipation of a bull run post – Siemans announcement (first of many) & long overdue. Nice to see it’s to be now included in this year. Following years can only improve imo. Glad to have an opportunity to tuck a few more away. GG

[jetvan] 15/7/2002 10:14

I wanted to get these in the 40s a few months ago....
Thought I had missed my chance.
When the good news is finally digested .... it should go back up IMO
In for 10K also (:-)

[thekobbler] 15/7/2002 10:13

Yep, there you go, a MM had to buy 25k to sell 25k. At least one is short of stock!

[thekobbler] 15/7/2002 10:09

Today's volumes are likely ro be much greater than we've seen for several months, I wander if the 25k MM trade is the first sign that some are a bit short of stock? Perhaps they may regret marking the price down so much. Anyway, in for 10k, probably out tomorrow.

[the big fella] 15/7/2002 09:39

Hew / Gain

It does look like the market has over reacted ie. concentrated the mind on the bad rather than the good. It is difficult to be 100% accurate on forecasts but your figures look pretty much in the ball park. I don't see that justify's the c20 % fall. I think when people start putting 2 and 2 together they will recover.

[gain] 15/7/2002 09:31

Hew yes that seems a more accurate assessment - far from a disaster and to be anticipated at this part of the cycle. I am encourage by the fact that it is still landing contracts

[hew] 15/7/2002 09:26

Gain,

I read the penult para as indicating reduced margins not t/o. Also I have revised guess to 25% of t/o priced in $. Current expect pbt £2m. If margin halved on 25% t/o then down to £1.7m pbt on linear basis (but a bit less likely depending on operational gearing). Also BT reduced but Siemens added. In context of a recovery scenario, not steady state trading (important in my view) this doesn't seem a disaster and I think the fall will be recovered soon. (Market adjusted of course!)

Hew

[gain] 15/7/2002 09:11

and if we take 60% of that 40% out for difficult conds then we have a 16% overall loss of t/o, add in new siemens contract and we get?

[hew] 15/7/2002 09:03

2001 US not mentioned unless in "other":

Ignoring intercompany

UK £24.4m
Australia £2.0m
EU £1.7m
Other £13.3m

But perhaps non UK in $ if so 40% max and all unlikely so guess 25%.

[gain] 15/7/2002 08:47

What %age of its businsess is in the states?

[velvetide] 15/7/2002 08:35

nice head and shoulders for the textbooks, anyway

[patricjohnson] 15/7/2002 08:31

Telspec crashed after a surprise profit warning, seen down 9 pence already.

[hew] 15/7/2002 08:29

Yes it has - as below, but also a couple of unquantified negatives. Last para reassures though.

Hew (Wyl on iii)
________________________________________
15 July 2002

TELSPEC plc ('Telspec' or the 'Group')


15 July 2002


Telspec plc is pleased to announce that it has signed the first contract with
Siemens, under the OEM agreement entered into in October 2001, for sales of its
TelMax pair gain equipment. The contract is for the delivery of equipment to
Iran and the first orders worth £2.5 million have been placed by Siemens for
deliveries to be completed in the second half of this year.

The equipment will be used by the Telephone Company of Tehran (TCT) to ease its
network congestion, particularly for voice calls. The TelMax pair gain systems
will be applied to TCT's existing copper subscriber lines, electronically
boosting their communication capacity so that a single copper subscriber line
can carry 4, 8 or 12 separate telephone channels.

Telspec plc has received confirmation from BT that the e-Node project has
received final business case approval for the roll out of the product into the
BT network next year. BT will also carry out a separate network sealing trial
using some e-Node product this year. Although these two applications give
Telspec the prospect of significant sales volumes to BT over a 5-year period
Telspec had previously expected volume deliveries of e-Node to commence during
the summer of 2002.

e-Node uses Telspec's symmetrical digital subscriber line technology (SDSL)
which is able to deliver either PSTN, ISDN or high speed data channels for
Internet or Company LAN access and real-time multi-media services for one or
more users.

In common with many other export companies, the Group has been, and continues to
be, affected by the current weakness of the US Dollar which is resulting in
reduced margins on several export contracts. This will have a negative impact
on the Group's results in 2002.

The Board reconfirms the comment made at the time of the AGM that the Group '
expects to report a profit before tax for the first half of 2002'.

[argy2] 12/7/2002 12:21

Word is that Siemens deal has been done.Worth watching website for confirmation although if it's as large as many think presumably an RNS will be made.
Let's hope so.
Good luck.

Multi?....Any views/insight?

[donny b] 11/7/2002 14:59

Thought it was along time before TSP started to tank,due to market conditions but they said they were going to have news in the first half about siemens.This hasn't happened so the price has fallen,lets hope it can stay above 50p or the rot will have set in and in these markets it will take something to get out of it.imo

[multimillionaire] 07/7/2002 17:53

continued success of Big Brother throughout Europe...augers well for TSPs televoting product...which is attracting considerable interest...

[jonnybray] 28/6/2002 23:52

Chart still looks very good (how many stocks can we say that about right now?), and if/when the Siemens deal is announced I shouldn't be surprised to see this threaten three figures. IMO.

[indigouk] 28/6/2002 23:43

Price has shown very good resistance to abismal markets this week, in fact it has been climbing, is this due to rumours of imminent Siemens deal? maybe the market knows something we dont yet, or at least something i dont. dyor