TruSpine Technologies Share Discussion Threads

[bluelynx] 13/4/2003 08:57

I really think Telspec is a very good buy at the current price of 13.5p, that price values them at only £6M. Therefore they could use the yearly R&D budget, which is £6-7M to buy the whole company, which is quite amazing really. And they still are making a profit of £500,000 this year in what are very difficult market conditions for all telecoms companies. If that is not enough they have over £1M cash in the bank and no Debt. Finally the management are very careful in their running of the business if anything they are too careful which is indicated by their understating of contract wins in the past.

So when the big telecom companies start spending once again as they will have to in time Telspec should be well positioned to benefit.

[bluelynx] 12/4/2003 21:17

Longterm debt and Total debt are both a big fat zero, and market capital is only £5.5M so may be its not so bad as I fear. Also turnover is £40M and yearly R&D is £7M per year. Expected profit is about £0.5M. Down side is a large contract that BT cancelled.

[energyi] 12/4/2003 20:29

mkt cap? debt?

[bluelynx] 12/4/2003 19:09

The fundamentals of TSP look good at present with NET cash in the bank, turn over of £40M and a estimated profit of £0.5M even in after 3 years of a Bear market. But will new orders be announced and what is the visability of future work. Is it likely that the economic down turn will continue and therefore is it likely that Telspec will return to a loss making company. Can anyone see light at the end of the tunnel for Telspec and lets hope its not an express Train called a depression coming our way.

[gedy] 31/3/2003 22:14

Well the shares have got to be a bargain soon. I know this company quite well having had some contact with the people who work for them. I can't beleive that they won't at least survive. They should keep making profits, but not as fast as the predictions of 18 months ago when the R&D phase had ended

[blackbear] 31/3/2003 15:07

i think multimillionaress is selling again.

[gedy] 29/3/2003 09:46

Has anyone any idea why the sudden drop in price late yesterday afternoon? I cannot find anything on the Telspec web site and there have not been any RNS's. For a company that has eliminated net debt and is coming into profit I find this surprising. I notice that there was a small buy at 16p after the price drop, so at least someone thinks the shares are a bargain at the current price.

[neilsherring] 09/3/2003 20:54

I really fancy thses and just purchased 25k at 17.75p recently. I am sure that when the figures are released there will be some activity on the volume front. I would be disappointed if they do not move above the 25p level

[boram] 09/3/2003 16:21

Telspec, Finals are out on Wednesday 12th.

[billiam] 06/3/2003 09:50

Taken from Comdirect 21/02/03
==
Telspec secures 2.5 mln stg BT contract extension

LONDON (AFX) - Telspec PLC said it secured a 2.5 mln stg contract extension from BT Group PLC for enhancement of its mass calling system.
The original contract for 8.6 mln stg was announced in 2001. It was completed on schedule and is now in service, Telspec said.

The system provides mass calling applications such as televoting, number change announcements and speaking clock.

[e-mail]

Ends

[argy2] 17/2/2003 07:39

Must have been a different MM than the one I spoke to.He was happy to offer stock in size on Friday but not so keen to buy.Suggest you tell your MM to buy from mine...might help clear that overhang.

[telspec mm] 16/2/2003 23:16

I notice a lot of buying reported after close on Friday.
I work for the City and I telephoned one of the Telpec market makers and told me that there will be a good upturn this week.

[gedy] 16/2/2003 11:37

Telspec share price could rise and fall again in the classic "pump and dump" fashion. This does not reflect the company, which does have the products that cost concious PTTs want, as the latest Egypt order shows.

[responsible lad] 15/2/2003 21:12

Thanks Millions,

Maybe high PE´s rise quicker and fall quicker, such as Affinity and Forbidden Tech. I can still see a good rise for the very short term.

[mi££ions] 15/2/2003 13:41

I've been thinking about buying Telspec since around a £1 but have held off because it never seems to realise its potential. Now that the BT order is lost profits should be around £500k for 2003 and market cap is £8M. A p/e of 16 is too high for a small cap in a bear market and at the mercy of telecommunications spending cuts, IMO. Even if you believe that profit may be boosted by the Egypt deal it still puts it on a p/e of around 10. I'll sit back and watch for the time being...

[responsible lad] 15/2/2003 13:24

Cause tghe Nasdaq and Dow were up big time and I already said on post 353 about how Telspec always rise a lot. Remember Telspec won a big deal on Friday with Egypt which has already been mentioned in some of the papers.

[mi££ions] 15/2/2003 13:19

Responsible lad / irresponsible comment!

How do you know they will be up 5p or more on Monday?

[responsible lad] 15/2/2003 11:17

Come on hurry up with the positive comments. Why everyone so ignorent of the potential of Telspec here?. You know they will be up at least 5p or more on Monday.

[responsible lad] 14/2/2003 22:02

Telspec is the no1 share for rising every time when the Nasdaq is up a lot in America. Even better than Affinity Internet and Forbidden Technologies. Should see a close of at least 25p on Monday.

[brensky] 14/2/2003 11:50

Worth a read.

[hew] 14/2/2003 11:06

All is not lost!

RNS today re contracts to provide 100,000 more telephone lines in Egypt for delivery in 2003. (Planned to be completed in a period of 6 months.)

A previous Egyptian order for 62,500 lines was worth £4m so this could be around £6.5m, that is about 15% of annual revenue.

TSP will have supplied over 400,000 lines to Egypt over 2 years (almost 5% of their fixed line network).

hew

[tina1] 13/2/2003 09:55

Just had a look at the 1 month chart 29.5p down to 17.5p must be looking cheap/oversold now either way its 40% down this last month

[gedy] 12/2/2003 22:24

I didn't actually drive past the Telspec factory yesterday, It would have meant going through Rochester on the A2 and then up the hill on the Borstal Road past Comets and onto the Airport Industrial Estate, a bit out of my way and I rather tend to go the way that is likely to be least congested on my way back from the Medway City estate to Maidstone. Maybe another day.

I must admit the last time I spoke to anyone at Telspec they weren't any thing like as upbeat as they were in September 2001 just before I bought 25,000 shares at 24p and sold too soon (before May last year), but at least at a profit:-) I will hold off for a while before buying back in. I don't have much contact with the company now, I do get the impression that they are not as dynamic as they were, if you know the company then you know that they have grown quite rapidly over the last 15 years or so. They could be running out of steam or the tough trading conditions are taking their toll.