TruSpine Technologies Share Discussion Threads

[multimillionaire] 11/9/2002 19:48

investor presentation at website...www.telspec.co.uk...under investor relations...

[millcanned] 10/9/2002 16:42

ok,
here's hoping one sign's on the dotted, asap.

[multimillionaire] 10/9/2002 15:44

there is competition in usa....but not so much in europe.....all you need to know is that the co ...is confident of some very large...& very profitable deals...

[millcanned] 10/9/2002 11:18

MULTI...
what televoting product was used for the recent american popstar search series ?
it wasnt telspecs, so who's was it ?

[millcanned] 10/9/2002 09:28

MULTI...

do u know why telspec are not marketing the televoting in the usa ?

suprised u dont know who provided the televoting for the usa pop show.
apparently around 15mill people voted in the final.

therefore the product used mustve been topnotch ????

and one presumes whoever it is, is also marketing their product worldwide ?

[multimillionaire] 10/9/2002 08:28

no idea...tsp has provided bt with...Distributed Intelligence Service Platform..worldwide marketing...other than US...continues....

[goldengoose] 10/9/2002 08:24

Glad someone is on a similar wave length mi£ - very much agree, potential buying opportunity in these days. While there are few certainties in life, a contraire approach may be rewarded on the right stock, the one real fear is something atrocious like 9/11 being repeated in size or effect, I guess & I'm willing (perhaps foolish) to fly in the face of such possibilities.

[goldengoose] 09/9/2002 19:59

jet - I've posted a bulky reply re war... it's a no no, I feel at least for the time being - unless they let some bloody awful thing loose this week of course.

Sorry we seem to be following you a little multi, market move on this as many others may not give ring fence seats a chance I feel when the fog lifts. And as ever I'm hanging tough in expectation.

Good luck sub – sub-forty may be point too far now for entry these days, who knows funny market 'n all, but much more security than mmd at present I feel. Likewise holding a bit back in reserve though for the later – Oct / Nov looks very unpredictable though – first the interim r’s I guess.

mi£ - while this is reasonably secure have you thought about taking a punt on ted for the sprint, could be an exciting ride as recent excitement seems to have petered a bit offering a better entry, if they could complete the German & US deal it would make a total mockery of present valuation. Due some correction soon imo.

All the best folks. See ya all here or other upon the next big announcement $>) GG

[jetvan] 09/9/2002 13:45

Don't get me wrong Multi , Telspec is still on my watch list ... if contracts news starts and the market reacts then I'll be back in.
Unfortunately I'll overweight in equities at the mo .. not a good idea at the start of a possible conflict.
Still holding MMD ... waiting to average down upon news.

[sub-contractor] 09/9/2002 13:21

Ah, this is where you all hide away from GF is it. Good choice can't see him being interested in this one. Don't hold this one myself as yet but i've got the cash, can see a bit of a drift down next few weeks and would'nt like to lose out on MMD so hanging onto the dosh. RED starting to look interesting as well.

[multimillionaire] 09/9/2002 13:07

im expecting some very significant televoting contracts...before the yearend....great longterm story..imho..

[jetvan] 09/9/2002 12:50

gg look at NIS ... great results and division sale .... but in the present market it is starting to fall back to the 20s, when it should be in the 40s at least.
Needless to say I sold my holding in NIS today.
Get into cash, everybody else is .... when war starts the market will react by marking everything down, until we get some direction on how the conflict will be going.

[goldengoose] 09/9/2002 09:35

Conflict is by no means certain and I'm of the opinion that there is much saber rattling to ensure the UN do something more than prevaricate than of late. True if there is war between states these prices will take a dip but at earliest we’re probably looking at January - & I doubt we’ll see something this next 12 months, as dialog has every chance of being engaged with some inspection for a further year before patience finally gives way to action. All my opinion, but as I said weakness in this stock looks good to buy into.

There will always be an ebb & flow, but I’m greatly encouraged for the med & long-term security tsp offer my investment strategy. Don’t blame you for waiting mi£ - but if I were an institution wishing to ride out potential storms, I’d have a few of these in the forty’s give or take. 50p, if as you say the future proves to turn fact will make them seem very cheap in six or so months. As ever Buy on the rumor Sell on the strike seems to be following its usual pattern. When these settle, I think 40's could hold. Good luck all, GG

[jetvan] 09/9/2002 08:51

Mi££ions ... BII is also on my watchlist, should be able to pick those up sub 80s once Iraq conflict starts IMO

[jetvan] 09/9/2002 08:47

I feel the same way mi££ions , sold out on the rise today with a small profit.
Good luck holding gg, but with the Iraq war looming I'm selling my shares that show a profit. Cash is king at the moment !
History tells us alot ... the start of every war has resulted in big stock market losses across the board , regardless of shares being good , bad or ugly.

[mi££ions] 09/9/2002 08:14

GG
It's all fairly good news from TSP. I occasionally have the thought that I should own some of these but in this current technology bear market I can't see a mad scramble to get in with the p/e of around 16 assuming flat turnover. The turnover has in fact been dropping which makes me even less inclined to scream "BUY" at my broker!

Good luck to those holding. If the market starts to believe some of the more optimistic predictions my buy price may never be achieved and I'll scrub TSP off my watch list. However, whilst reasonably good news continues not being rewarded with share price rises, I'll keep it on my watch list and keep my cash.

[goldengoose] 09/9/2002 07:08

RNS Number:8829A
Telspec PLC
09 September 2002


9 September 2002


Telspec plc

Interim Results for the six months ended 30 June 2002 (Unaudited)



Summary

Half Year Half Year Full Year
2002 2001 2001
#'000 #'000 #'000
Turnover 21,689 22,105 41,482
Operating profit/(loss) 632 (985) (1,654)
Profit/(loss) before taxation 573 (1,151) (1,921)
Earnings/(loss) per ordinary share (pence) 1.41 (2.80) (4.81)



* Returned to profit in a challenging market;
* In a net cash position, net debt eliminated;
* TelMax product well established internationally;
* First deliveries under the Siemens OEM agreement;
* BT gave business case approval to eNode, roll out awaited;
* Televoting/mass calling platform sold to BT is now carrying live traffic.



Commenting on the results, Chairman, Peter Espenhahn, stated:

"I am pleased to report a return to both profit and a net cash position.

We continue our strategy of being an innovative provider of Intelligent
Solutions, enhancing both our Access product range (TelMax and TelNode) plus our
Distributed Intelligent Service Platform system solution.

We look forward to the market upturn and feel well positioned to take advantage
of it when it comes."



Enquiries:

Telspec plc
Magnus Braxell, CEO
Martin Parmenter, CFO
Tel: [phone]
Citigate Dewe Rogerson
Seb Hoyle
Tel: [phone]



Chairman's Statement

Group Results

The Group profit after tax was #0.6m for the first six months of the year (2001:
#1.1m loss). Turnover for the half year was #21.7m (2001: #22.1m). The earnings
per ordinary share were 1.41p (2001: loss per share of 2.80p). There is no
interim dividend.

The results show that, despite the flat turnover achieved during a time of
ongoing and well publicised difficulties in the telecom sector, the progress
made in terms of controlling the cost base is starting to show through.

Export sales, which are predominantly in US Dollars, accounted for 47% of total
sales (up from 43% for the equivalent period last year). As we announced in
July, the weakness of this currency in the second quarter has affected the
result and this effect is likely to continue in the second half year.

R&D expenditure levels have been maintained, as has the policy of expensing such
costs as they are incurred.

Operations

Network Access Products

Telmax is now well established in the international market with contracts
secured in over a dozen countries in Europe, Asia, Latin America, the Middle
East and Africa. With progressive developments planned to further increase the
products' voice and data performance, continued sales growth into new target
markets is expected. Sales from Telmax in the first half were #10 million.

Following the initial #2.5m of orders received via the Siemens OEM agreement
announced in July, which are now being delivered, we have opened negotiations
for additional orders from the same source.

Access product volumes to BT in the UK have grown 39% to #9.4m compared to the
first half of 2001.

Phase 1 of the TelNode project is the commencement of delivery under the eNode
contract with BT, which was referred to in the July trading update and is
expected to begin in the second quarter of 2003. We expect to progress further
enhancements and development of the international variant known as TelNode.

Switching Products

The DISP mass calling solution sold to BT, as RIDE, for its Number Change
Announcements and Televoting services, is now operational and carrying live
traffic. We are in discussions with BT regarding adding additional services
onto the platform, as well as bidding for new business with BT for new
Intelligent Network projects.

With low volumes for our transit switch due to the state of the telecom market
our primary focus is to use our switch and our mass calling (televoting)
solution to address opportunities with operators for customised systems in the
Intelligent Network market. Sales of switching products in the first half of
2002 were #1.9m compared with #7.6m for the equivalent period last year when
much of the DISP system to BT was shipped.

Working Capital

The continued focus on inventories has delivered a further #0.4m reduction since
last year end, which together with the profit for the period has contributed to
the return of the Group to a positive net cash position. As at 30 June 2002 the
net cash balance was #0.9m..

Outlook

Our focus on both cost reduction and working capital optimisation will remain.
We will also continue the development and refinement of our products so that we
are well positioned to benefit from an upturn in the market when it comes.
---------------------------------------------------------------------------
(Brake down figures - see full RNS)

Well worth tucking a few more away on any future signs of weakness imo - those long must be pleased as I am $>)). GG

[jetvan] 05/9/2002 12:30

Going in the wrong direction now. Quite surprised at that.
We could get another good run up to the results ... hopefully

[the big fella] 27/8/2002 09:16

Still going in the right direction. I really think this is a one way bet at present - buy the rumour sell the fact and all that! It really should be a couple of interesting weeks.

[the big fella] 23/8/2002 23:34

If so we could see 60/70p by interims. That would be nice!!

[jetvan] 23/8/2002 09:54

In the tech dustbin ... only a few will be salvaged and polished to look like new : -) ... I'm betting Telspec is one
(PS Hopefully Motion Media is another ... up 60% in 2 days )

[sharestriker] 23/8/2002 06:29

Telspec, the IT hardware group, was 4.5p up at 42p ahead of interim results due at the start of next month. The company is expected to show its first profit for some years with dealers hearing that the group may also announce the details of a contract with BT Group which is said to be worth about £40m over five years, The Independent says

[thekobbler] 22/8/2002 23:30

60p could be on the cards. The first resistance price is 42p, which we're slightly above now. If this rises a few more pence, and doesn't retrace tomorrow, the next resistance level is about 60p. Well that's how I interpret the chart!

[jetvan] 22/8/2002 23:06

What a bargain ... topped up yesterday in the 30s ...
Next stop 60s IMO
A cash generating tech stock with little debt is rare these
days ....