Tekmar Share Discussion Threads

[imperial3] 27/10/2020 11:57

1tommyt. I trust this helps you.

[imperial3] 27/10/2020 11:55

elsa 7878. Thanks you have said it for me.This has been extracted from their RNS dated 15-10-20.

[elsa7878] 27/10/2020 11:45

Alasdair will now lead a review of the internal operations and activities of the business with a view to implementing further efficiencies from integration across the Group and will provide an initial update on this process at the end of this month. The Group's interim results for the six months ending 30 September 2020 are due to be released in early December, when Alasdair will provide more detail.

[1tommyt] 27/10/2020 11:35

What makes you think this? I hope so...

[imperial3] 27/10/2020 11:21

Trading update on Friday anticipated.

[leedslad001] 27/10/2020 10:43

Thank the seller for allowing us to buy at this price.

[ianst99] 16/10/2020 14:27

i think the sector of the market they are in are holding them back. Would be far better off in industrial engineering or (renewables)

[1tommyt] 16/10/2020 13:08

Don't think that's true some invested at IPO at 130p sold out above 160p and shares have hit 195p. I think the business is worth considerably more than what it was 3-years back, more products, better market conditions, more experienced management. Long term play for offshore renewables.

[imperial3] 16/10/2020 09:38

Since listing the share price has been in decline.This is very disappointing considering the prospects in a growing market.

[gswredland] 16/10/2020 09:26

The spread varies a great deal Leeds. Put me off initially but often 2p or less

[igoe104] 16/10/2020 09:09

I remember the same situation with VLX when I first purchased them 18 months ago, they dropped because of a seller. I am now 144% up now with them . I don't know what it is with my timing when buying shares though, I always seem to make hard work of it. This is a similar picks and shovels type of company, but are in different sectors that hopefully these will go the same way as VLX over the next 18 months.

[leedslad001] 16/10/2020 08:45

Spread here is ridiculous

[thomshrike] 16/10/2020 08:35

I don't think it's someone who knows something, but more likely someone who fears something. The big question mark is the timing of deliveries. If you have a longer investment time frame, this is relatively irrelevant to you; but if you are concerned that it might get slower before it gets faster you could try to trade it. It's a risky trade however, when the share price is so low.

[imperial3] 16/10/2020 07:51

All very puzzling this decline in the share price.Is there a nasty lurking which we do not know about yet?

[spooky] 16/10/2020 07:47

There isn't any obvious reason for whats happening but someone definitely wants out. Either they bottom here or something is seriously wrong IMO.

[pugugly] 16/10/2020 07:44

Mr Market not happy - If trend continues during day likely to break one year low - Now what does the market know? But Schroders have been adding Does not compute Why?

[igoe104] 16/10/2020 07:39

Down over 7%, have a missed something? Or is the seller back again. Anyone have a idea who the seller is ?

[thomshrike] 16/10/2020 07:12

On their morning email, the broker talks about a confident message from the new CEO, who addressed a number of topics: still some uncertainty about the timing of the delivery of some projects; supply chain left still with some level of inefficiency but being sorted out; potential LT margin increase through a better integration of all divisions (apparently a clear focus going forward); conviction that the SI cost overrun on 4Q of FY20 was a one-off.

[1tommyt] 15/10/2020 12:46

Anyone got any views from the conference?

[thomshrike] 15/10/2020 07:00

The comment is about internal operations and efficiencies is widely expected. The business is currently composed of a handful of holding companies, many of them resulting of acquisitions, that should be integrated more efficiently. This is one of the things that James probably believed he had no experience (or patience) in doing when he decided to leave.

[1tommyt] 15/10/2020 06:46

Ally said "outlook for the business, in which I remain extremely confident."I don't think James leaving was a conspiracy, he did it for 12 years (private, PE & PLC) from founding, businesses naturally outgrow the founding members. If you look him up, he is a wealthy young man with his first kid and just started a new fund. Julian as chair is also good as he is a big player in offshore renewables. Some people were a little aprhensive of Ally being more oil and gas. However, I think all the industry market contacts are broadly the same today. Shame no actually update on numbers maybe get some more from the conference today.

[jonwig] 15/10/2020 06:26

CEO confirmed: https://www.investegate.co.uk/tekmar-group-plc--tgp-/rns/appointment-of-new-ceo-and-board-changes/202010150700041306C/ Probably the expected result and the best. Internal review in progress. If that produces big changes it would be a clue as to why J R-B left. Maybe.

[spooky] 13/10/2020 10:48

That MAY be the end of the seller.

[imperial3] 11/10/2020 10:26

News next week of a new CEO?