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Share Name | Share Symbol | Market | Stock Type |
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Techfinancials Inc | TECH | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.45 |
Top Posts |
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Posted at 30/9/2023 21:17 by hedgehog 100 Latest AnnouncementsDate Title 29 Sep 23 07:00 TechFinancials Inc. - Interim Results to 30 June 2023 TechFinancials Inc. - Interim Results to 30 June 2023 RNS Number : 0390O TechFinancials Inc. 29 September 2023 ... Financial Overview · Company Revenues of US$ nil (H1 2022: US$ nil) · Loss for the period attributable to shareholders of US$0.07m (H1 2022: loss of US$0.16m) · Cash position at the period end of H1 2023 US$0.45m (31 December 2022: US$0.55m) · Basic loss per share ("EPS") of (US$0.001) (H1 2022 (US$0.002)) Asaf Lahav, Chief Executive Board Member of TechFinancials, commented: "In the first half of the year the Company continued to focus on administrative cost reductions and will continue to look for investment opportunities to maximize the Company's value, leveraging its available cash." ... Chairman's Statement In H1 2023 the Company continued to focus on reducing costs. The Board decided to invest some amounts in listed companies. The Company will continue to look for new ways to increase its value. Outlook We will continue to look for opportunities to materialize our assets or join forces with other companies in order to be able move forward. I would like to thank our shareholders for their continued support in what has been a difficult period globally as well as for the Company. We look forward to updating the market on our progress in due course. Eitan Yanuv Independent Non-Executive Chairman 29 September 2023 ... |
Posted at 02/7/2023 11:00 by hedgehog 100 Latest AnnouncementsDate Title 30 Jun 23 10:31 TechFinancials Inc. - Final Results to 31 December 2022 TechFinancials Inc. - Final Results to 31 December 2022 RNS Number : 5592E TechFinancials Inc. 30 June 2023 ... Financial Highlights · No Revenues in 2022 as expected as the Company has moved to being an investment entity. · Pre-tax loss attributable to shareholders of US$0.269 million (2021: loss of US$0.553 million) · Cash position of US$0.55million as at 31 December 2022 (2021: US$0.92 million) · Basic earnings per share ('EPS') (US$0.0032) (2021: (US$0.0064)) · In 2021 and 2022, the Company acquired shares to take minority holdings in a number of companies listed on the Nasdaq, LSE and AIM (Note 9) Operational Cost Reduction · The Company closed most of its subsidiaries in 2021 and finalized the strike-off of the remaining entities in Israel in 2022. The strike offs of both TechFinancials Israel 2014 Ltd and Softbox Technologies Ltd were concluded in March 2022. Investment Activities · The Company used its cash to invest small amounts in several listed entities in 2022. This activity resulted in a loss of US$43 thousand. · At the year end all other group entities had been closed leaving only TechFinancials Inc, and as a result the cost of operating the Company is now minimal. Chairman's Statement 2022 was a year in which the Company focused on looking for new ways to increase its value for shareholders. The Board decided to invest some of its cash in listed companies. The Company continues to look for new ways to increase its value. Dividends The Board will not be recommending a final dividend to the shareholders of the Company for the year ended 2022 (2021: $nil). Outlook and current trading After consolidating all of our assets, this year we focused on seeking new investment opportunities to increase the value of the Company. The Group will continue to look for investment opportunities to maximize the Company's value, leveraging its available cash. I would like to thank our shareholders for their continued support in what has been a year of consolidation. We look forward to updating the market on our progress in due course. Eitan Yanuv Independent Non-Executive Chairman 29 June 2023 ... |
Posted at 10/1/2023 19:30 by 1399peter The only way I can see TECH getting more funds is by the sale of renewsenses.Mobileye bought by intel for $15b, could Google or Intel be making a move on renewsenses. Some big players in this space. Not suggesting renewsenses will fetch that eye watering amount. But there is a lot of interest in this sector . Their website doesn't seem to be more than a shop front at the moment. No information about when it's likely to be open for business. Just keeping their large holders happy with signs of life I guess. |
Posted at 25/11/2022 14:21 by hedgehog 100 14/11/2022 07:00 UK Regulatory (RNS & others) TechFinancials Inc. Notice of AGM LSE:TECH Techfinancials IncTechFinancials Inc. (AQSE: TECH), is pleased to announce that the Annual General Meeting ('AGM') of shareholders of the Company will be held on 9 December 2022, at 09:30 a.m. UK time, at the offices of Peterhouse Capital Limited, 3(rd) Floor, 80 Cheapside, London, EC2V 6EE . Notice of the AGM can be found at the Company website: Techfinancials Inc - Notice to AGM 2019 KLaw - Clean 100619 , together with the 2021 Annual Report and Accounts, which can be found at hxxps://www.group.te The directors of the Company accept responsibility for the contents of this announcement. For further information: TechFinancials, Inc. Tel: +972 54 5233 943 Asaf Lahav, Executive Director Eitan Yanuv, Non-Executive Chairman Peterhouse Capital Limited (AQSE Growth Tel: +44 (0) 20 Market Corporate Advisor) 7469 0930 Guy Miller and Mark Anwyl |
Posted at 11/1/2021 11:59 by skinny .. |
Posted at 05/10/2020 16:48 by skinny .Apple MacBook or iPad models could be powered by hydrogen fuel cells in the future as the tech giant looks to improve battery life. The California-based company last week (29th Sep) lodged a patent application covering the “design of a portable and cost-effective fuel cell system for a portable computing device”. It specifically mentions “proton exchange membrane (PEM) fuel cells” that use hydrogen as a fuel. |
Posted at 08/9/2020 20:17 by freddie ferret The big US tech companies are getting to big and need breaking up under US antitrust legislation imho.Not likely to happen anytime soon. |
Posted at 01/9/2020 11:15 by skinny ."Chinese automobile manufacturer GAC Group has unveiled its first hydrogen fuel cell-powered car at GAC Tech Day 2020. In a statement, the company said that is has prioritised climate conversation as a strategy and are therefore focusing on hydrogen-based clean energy, which it expects to become a popular solution". |
Posted at 03/8/2020 14:37 by skinny .The co-founder of the company described as the jewel in the crown of British tech has said it would be disastrous for it to be sold to a US computing firm that is reportedly negotiating a takeover. It's the second time in four years that the future of Cambridge-based chip-designer ARM Holdings has been uncertain. In 2016, Softbank ended up buying it. But the Japanese firm is now reportedly in advanced talks to sell it to Nvidia. |
Posted at 12/6/2019 12:14 by tidy 2 Liverpool is expected to be the first club to sign up. TechFinancials (LON: TECH)TechFinancials started out as a provider of software to online spreadbetting/CFD sites but its focus has switched to blockchain projects. The most interesting is a blockchain-based sports ticketing business.Investors have been waiting for the announcement of the first football club to sign up and there should be a positive reaction by the share price.The idea is to use blockchain technology to enable the sports club to take control of the initial sale of a ticket and any secondary ticket transactions. Because the ticketing is fully digital it will prevent ticket touts and highly inflated resale prices.Tickets can be resold via the platform and the club will take a share of any profit over the ticket price. The club can also track attendance and make specific merchandise offers to fans.TechFinancials is developing the ticketing venture with Footies Tech Ltd. The new joint venture company will licence the blockchain technology from TechFinancials, which will hold a 75% stake in the venture. TechFinancials is injecting up to $500,000 into the company, once a client is signed up.Longer-term, more cash will be required so that stake may be diluted. However, it is also likely to lead to an uplift in the value of the stake.Former Liverpool FC chief executive Ian Ayre is chairman of the new company. This makes it most likely that a football club will be the first to sign up for the venture. The system will work for other sports.TechFinancial |
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