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TGP Tekmar Group Plc

9.25
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tekmar Group Plc LSE:TGP London Ordinary Share GB00BDFGGK53 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.25 9.00 9.50 9.25 8.90 9.25 24,209 08:00:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Water,sewer,pipeline Constr 39.91M -10.12M -0.0744 -1.24 12.59M
Tekmar Group Plc is listed in the Water,sewer,pipeline Constr sector of the London Stock Exchange with ticker TGP. The last closing price for Tekmar was 9.25p. Over the last year, Tekmar shares have traded in a share price range of 8.69p to 15.75p.

Tekmar currently has 136,072,626 shares in issue. The market capitalisation of Tekmar is £12.59 million. Tekmar has a price to earnings ratio (PE ratio) of -1.24.

Tekmar Share Discussion Threads

Showing 10001 to 10025 of 10025 messages
Chat Pages: 401  400  399  398  397  396  395  394  393  392  391  390  Older
DateSubjectAuthorDiscuss
15/5/2024
11:47
Good luck. I bought a few more. I was hoping for some signs of life. Looking at the book I would speculate there is a large order being worked at 9.5. Let's see what the day and remainder of the week brings.
indiestu
15/5/2024
09:59
Watching this from the sidelines for sometime, first small purchase at the bell. A lot to like here, especially control on bidding margins and not chasing business at all costs. Interesting seeing the financial separation of existing business operations, from the potential impact of m&a/ dilution from clns. The sale of sil did send to indicate they want to avoid the prepriced clns.
skid35
15/5/2024
09:05
If they could halve that loss for the final six months and pay down some debt from the 1.9 million due it would set the scene nicely for the following 12 month period. The gross margin increase seems positive but there is insufficient information to understand what has impacted net margins. I'm guessing mostly down to the interest payments on the debt which is scary for a small company and likely why the market seems uninterested. The bigger disappointment is a decline in orders over the previous comparative half and a slightly subdued outlook. I look forward to a "we are pleased to announce" in the opening sentence of a future statement. Under promise and over deliver seems to be the mantra here which I'm ok with.
indiestu
15/5/2024
07:32
Improvement on results and margins, finally starting to see seeds of a business...
igoe104
06/5/2024
19:28
Good point, Indiestu
The direct counterparty had turnover in 2021 and 2022 of £14m and profit of £2mplus in both years.
Balance sheet dominated by amounts owing to group companies.
Trying to muster time and energy to do homework to see if I should buy more.

cerrito
03/5/2024
08:04
Basically sold for the price of the assets and a year's rent. I suppose it makes sense to offload and focus on the core business. What is not clear to me is whether the big chunk of cash payable in the second instalment is dependent on the debtors ability to pay.
indiestu
03/5/2024
07:40
On the face of it,a sensible move though would have been nice to get more cash up front.
Had forgotten if I ever knew that they have freehold property of £3m and no surprise that the bank has a charge on this.

cerrito
19/4/2024
12:33
TGP talked about in this interview, about 10 minutes in.
igoe104
10/4/2024
14:58
Amercian windfarm approval, hopefully might trigger large contract for TGP.
igoe104
08/4/2024
11:06
I make it 10% order intake increase for the full year should the next six months be par for the course and at improved margins. So assuming the margin increase is sound and we do not have any figures to support that the direction towards cash flow positive seems on track.
indiestu
08/4/2024
09:37
Trying to assess what I should feel about the following we were told this morning.
quote
These contract awards support order intake of approximately £23 million in the financial year to date.
unquote.
Given that sales in the year to September 2023 were £39m and given positive noises in the Final Result Statement, I feel £23m of orders in six months is par for the course.

cerrito
08/4/2024
07:21
Great to see 6 million of contract awards. Decent amount for a mirco cap company..especially when the company only has a 12 million market cap..
igoe104
04/3/2024
12:33
Using the Times Revenue method at 1 X you could value this company at a 40 million market cap so 65 pence per share. Even taking half way between floor at zero and 1 X so 0.5 X you get 30 pence per share. So a three bagger all day long.
indiestu
04/3/2024
08:21
Forward looking statement looks decent, talking about profitability, hopefully going forward they can start to build a business..
igoe104
04/3/2024
08:07
I have a smallish under water position here and do not follow the company too closely.
I have had a canter through the results and have spent quite a bit of time in the footnotes
On the basis that Barclays do not do a wobbly, the Going Concern statement reassured me.
I read the footnote on collection of receivables with interest and they have, to me, a good commentary on the China situation. However given their tight liquidity position over the last years, I ask myself given that in China you only get paid when the developer has signed off on the whole project, they do business there.
Too bad there is no IMC type event to ask the question.
I thought that the contingent liability section where they discuss their liability with the failings in the cable which was a big issue a couple of years back was well handled.
Not inspired as of this morning to either buy or sell.

cerrito
05/1/2024
07:23
I don't think there is anything sinister in using EBITDA. Perhaps they are trying to demonstrate operational profitability. The debt is clear for everyone to see and make a judgement on the risk level. A couple of decent contracts should be able to nail the interest payments, the renewable industry in general is booming.
indiestu
04/1/2024
13:19
What I find difficult to understand is the references to ebitda break even, we seem a long way from a profitable business despite 40 ml turnover and a dividend looks a pipe dream. All reflected in tiny market cap.
gopher
04/1/2024
10:59
I suspect they'll need to raise again at some point this year, even if they're starting to cover the wage bill they'll need some for working capital on top.

They've also got that legacy abrasion issue still in the wind waiting on clarity for who's liable.

owenski
04/1/2024
08:18
TEKMAR GROUP PLC

("Tekmar Group" or the "Group")

New Contract Award

Tekmar Group (AIM: TGP), a leading provider of products and solutions for the global offshore energy market is pleased to announce a significant new contract award.

The contract award is for the design and supply of Tekmar Group's flagship Generation 10 cable protection system (CPS) and associated ancillaries in an emerging region for offshore wind farm development. The contract covers the first phase of the development, with the contract value for this initial phase in excess of GBP3.5 million. Production of the CPS systems is expected to commence in 2024 for delivery in 2025.

igoe104
28/12/2023
10:58
Giant Danish wind turbines to power 1.6m British homes
The world’s longest land and subsea electricity cable will connect the two countries’ electricity grids for the first time

The Times 28/12/23

farm8031
27/12/2023
16:54
Lots of possible global projects, as long as management control costs and margins there is no reason these can't be a successful business, especially as its a business with lots of tail winds..
igoe104
27/12/2023
16:49
When? This share is a mystery. What do people think it can realistically reach within 2 years?
1rickc
02/12/2023
10:08
Big opportunities here.
igoe104
18/11/2023
17:56
New Contract Award

Tekmar Group (AIM: TGP), a leading technology and services provider for the global offshore energy markets, is pleased to announce a new contract award with a total value in excess of GBP2.5 million.

The contract is for the design and supply of TekDuct, one of Tekmar Group's cable protection products, ballast modules and associated ancillaries for a significant subsea project in the Middle East and is expected to be delivered in the second quarter of 2024.

igoe104
10/11/2023
16:43
I think these 27 licenses given out to oil and gas companies in the North sea, could be very beneficial to TGP..
igoe104
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