TruSpine Technologies Share Discussion Threads

[pillow] 28/11/2001 23:43

Worth about 23p methinks.

Just shorted this. Way Way overvalued.

The Famous Pillow

[doctor 69] 24/11/2001 07:45

gedy

very sensible comments.


i too feel that it is nice to know this company has a very low pe ratio and by all accounts we should get news in next 3 weeks

[gedy] 23/11/2001 07:15

mk1

If all goes according to plan the share price shold get back to above £1 in due course. I tend to look for buying oppertunities, like when they issued their results on the 28th. Sept. the price went sharply down as the financials looked poor, but if you had been following the news you would know that this was a misjudgement. I bought in at 24p and was well in profit by the end of the day.

If it is still avaialable get hold of a book called "The Zurich Axioms" (I lent my copy to a friend who runs a share club and he is reluctant to give it back!)
This book goes into the whole psychology of buying and selling shares. It explains the feelings, like you could have bought M&S at £1.90 but you didn't, why? Well there's fear of regret because you did or didn't do something, it is a very strong emotion. You must recognise and come to terms with these emotions which everybody has. You should have bought M&S (and so should I!) at the time nobody knows what will happen, but if it turns bad you set at stop loss at say 15% below the highest price since you bought and sell if the price goes below the stop loss level. The only exception to this is if there is a very good reason not to sell, like in the Telspec case when the results came out on the 28th. Sept. I did have a small holding that I bought at over 30p, but when I saw the price suddenly dip to around 22p I bought as they came back up at 24p. I had to move fast and I am fortunate that I was watching at the time.

Sometimes you have to take a loss, but the stop loss minimises the amount of loss. Ivensys was another share that I should have bought, that has more or less tripled in the last 2 months. I could give you names of companies that I am looking at that could rise dramatically in the next year, but I am content holding Telspec. The forward PE a couple of months ago was anound 3 to 4, assuming that their plans go well (and I beleive they will but nobody knows for sure, like all the key marketing guys could get killed in a plane crash today).
The share price will rise to a more normal rating, say a PE of 10-12, as the sales and profits rise and the prospect of a dividend comes closer.

[mk1] 23/11/2001 00:06

ive had telspec for over a year and half bought at 1.01, ive been waiting for them to go up so i can sell, but looks like it will a longer time than i had expected, should have bought M&S at 1.90 instead.

[gedy] 21/11/2001 14:56

Looks like we could be on the way to 50p now, the price has suffered a bit from profit taking the last couple of days. A stock like this does seem to get overlooked, the news does tend to come rather intermittantly, which is not enough to hold peoples attention. The news should be all good from now on.

[jonnybray] 21/11/2001 14:52

Know next to nothing about charts, but surely this one looks exceptional. As the good Doctor pointed out peaks getting higher, dips shallower. Anyone with more expertise got a view?

JB

[doctor 69] 17/11/2001 00:32

tsp up again and now big volume.

chart looks great with peaks getting higher and higher . Should break out above 50p soon.

[gedy] 16/11/2001 00:05

Looks like the good news is now being reflected in the share price. I'm happy as I loaded up with Telspec shares 1 to 2 weeks ago while the price was a bit depressed. The Seimens tie up should be good for Telspec in regards to expanding sales in geographical areas that Telspec have not yet penetrated.

[rjknight] 13/11/2001 09:09

I see that Siemens have announced their results today. Before exceptionals, it appears that their underlying business is doing remarkedly well in comparison to its competitors.

This should bode well for the tie up with Telspec

[rjknight] 07/11/2001 09:47

According to FT global search (refer to link)


Siemens will be bucking the trend in telecoms by expanding in Thailand.

The article emphasises the strength of the Thai industrial economy and the good prospects for future

Siemens claims about 16% of the market this year for communications equipment for fixed-line and Internet protocol systems, with market volume totalling £240 million. Market growth is expected at 3% p.a. for next two years.

drpjst is right to state that Telspec revenues can come from many other countries and not just BT. The higher margin telecom operators do not operate in Europe.

[drpjst] 06/11/2001 17:00

Argy

I was talking about the tax priorities. The Chancellor will have to provide the cash. I was suggesting that there may be little political will to provide BT with a subsidy.

The bottom line of this discussion, as far as I am concerned, is that Telspec has an opportunity to further its links with BT. It doesn't really matter too much to Telspec if it fails since it has the Siemens deal. ISDN is already very popular in Germany (20 million lines) but there is more scope in other continental countries.

[argy2] 06/11/2001 16:35

I think that's why they have different departments and Ministers,so that they can run a whole country at the same time.If priorities were the issue we would still be in the dark ages.All it needs is for someone to decide what needs to be done re:broadband and by whom.If BT can't then Oftel will take it away from them.

[drpjst] 06/11/2001 16:07

The Government may have difficulty with its priorities:

1) War against terrorism
2) NHS
3) Education
4) Police
108) Subsidising a former nationalised company

Ask Railtrack.

[argy2] 06/11/2001 15:58

drpjst.....I suspect the 'if' is just a veiled attempt to get more financial help from the Govt.They(BT)would look pretty stupid and face the wrath of Oftel if they don't upgrade all exchanges especially given the far higher take up of adsl in other countries.The new pricing structure due next month from DIY adsl will help.
As for speed it is still far faster and cheaper for most users whilst many ISP's don't even allow isdn at 64 let alone 128.
Interesting that isdn is becoming USB based though.

[drpjst] 06/11/2001 15:37

"The spokesman said: "It means we're looking at how and if we go forward"." And if!

There's no doubt that BT would like to have greater numbers using ADSL (I'm one of the few). The point is that BT can't manufacture demand. It can persuade customers through pricing and the government can help with tax breaks. All this will take time, as will the development of 3G services. Vodafone has admitted as much. In the meantime Motion Media's videophone just might catch on, persuading people to go for what is available. ISDN is available.

One other point. The connection speed of ADSL varies with the number of users. The more users the slower the speed. My operating speed is normally around 400 kps (against the proscribed 512 kps) but that speed drops during the evenings when there are more users. If ADSL becomes the standard (as it may well in time) then connection speeds will be slower.

[argy2] 06/11/2001 15:13

Surprising that the well respected Techinvest see TSP as a 'sell' at these levels.As for the above article it seems that BT are still keen,with Govt help, to encourage the growth of adsl which may be at the expense of the slower/dearer isdn.

[drpjst] 06/11/2001 14:56

pork belly has just contributed this on the Motion Media board; it would appear to have some relevance here.



ISDN wil be with us for a much longer time than was expected it seems:

BT reviews 'high-speed' roll-outs
by Richard Agnew on 05 November 2001

[gedy] 06/11/2001 00:36

Heard on the news that BT want to reorganise more than just splitting into a mobile and what's left parts. It seems that the "what's left" part will be further split into a wholesale and retail part. If this means that the retail operation can really get some freedom to "push" ISDN, ASDL etc to the domestic market, with some agressive pricing and attractive deals, then sales of Telnode could indeed take off in a big way. BT have made some mistakes over the last few years (like failing to merge with MCI and not using their shares to aquire other companies, like Vodaphone did) They all made the mistake and fell for Mr. Brown's "Once only" 3G offer at a never to be repeated price. (meaning he won't get away with that again!). Let's hope BT now start getting more "smart" and we can all benefit.

I have just increased my share holding as I don't think the price will stay at these levels for too long.

[drpjst] 04/11/2001 14:56

I think it all depends on how well BT sells Motion Media's videophone. If sales take off then BT is going to have to upgrade a lot of lines to ISDN. There are 3.6 million ISDN lines in the UK at present; this is a small percentage of total lines.

I'm not sure how far Telspec's current order would take BT down that particular road. I imagine that someone below CEO level will have the gumption to order more Telnode when required.

[gedy] 04/11/2001 11:27

I have just seen this, it is dated 01/11/01, I don't remember it being here on Friday. As I have said before the Telspec marketing department is very good, this Kazakhstan contract could lead to other contracts in the area, from what I know of the state of the phone system in the old Soviet countries, they could benefit greatly from the pair gain products that Telspec make. This is what may be called a "bread and butter" business, there is nothing wrong with that, it all adds to the sales and profits.

I have reservations about BT's ability to do what they say they are going to do, when they say they are going to do it. ADSL is a case in point, it's still not available on my exchange here. Now that Sir Peter Bonfield is stepping down early, maybe a new man will get their marketing more focused. This will all take time and Telspec may not benefit from sales to BT as much as we expect, but it is just one area of sales.

[drpjst] 04/11/2001 08:50

Telspec Europe Ltd has a won a 1.4 mln stg contract to supply its pair gains telecoms technology in Kazakhstan.

[brownp] 31/10/2001 23:27

The Home highway price reduction may be too late for Telspec depending on the success/reach of ADSL and the new RADSL. ADSL pricing is about to fall to £25/month if you buy your own modem and it is always on RADSL should be cheaper as reduced speed although maybe only slightly.

if HH is £25 or £12 more than the first line + call alowances then add somewhere between £9 and £15 for some sort of surftime then you arrive at £21 to £27 for only a 64K link. You can obviously bond but this would inccur additional call costs. If I had a choice then I'd go ADSL/RADSL rather than HH.

Switching development has been scaled down. Telcos are delaying buys although they are looking for cheap solutions which could help Telspec.

Telspec is expanding into markets which may be unstable in the near future Turkey/Eqypt.

Regarding the Siemens deal don't forget the Ericsson deal hasn't been that great.

IMO their best bet is the Enode/BT contract which BT might replace DACS with but I have seen BT award contracts before and then not buy anything resulting in large R&D for no reeturn.

[gedy] 31/10/2001 20:30

Maybe TA is not a replacement for the "gut feel" but an additional tool to give a bit more insight into what is going on. I was rather alarmed when I heard the Alcatel results this morning thinking it may drag the Telspec price down, the price has remained steady. In fact buys out weighed sells today, although it ws a quite thin trading day (for Telspec).

I have never heard a takeover rumour for about Telspec, I suppose it could happen, but I am not sure it would be a good thing. The Telspec "culture" of hard work and competance could be compremised.

[rjknight] 31/10/2001 16:27

Chartism is worthless in predicting future price trends unless a significant number of investors use the same approach, thus influencing the share price movement. I prefer to stick to the fundamentals and relying-heavily on your gut feel !

Looks like the fall in share price could have been in anticipation of Alcatel's alarming Q3 results, although full year revenue will only be few percent off from forecast (CEO comment).

Their results is no reason to sell Telspec given the imminent higher sales of ISDN , and the fact that Alcatel is a possible bidder for Telspec.