Tekmar Share Discussion Threads

[thomshrike] 14/12/2020 14:14

On my side, now I cannot help looking at the story as a mixed bag.
I have always been a top-down investor and love the company's exposure to OW. I don't even mind their exposure to O&G as it comes from a low base.
But since the IPO the story always revolved around having a large competitive moat on their key product. By now, the importance of that product in total revenues is lower and the competitive environment is more fierce. Even if you believe in management when they say that Generation 10 will have the same gross margin, the reduction in ASP might result in lower revenue growth than many expect and cause many investors to question the equity story.
I also thought that the announced cost cuts were underwhelming.
Being a project business will not go away either and there will continue to be question marks about CF generation - and even about the BS availability to do more M&A without raising money.
Finally, frankly, I miss the former CEO's dynamic style.
On the other hand, this would be a very interesting asset for larger companies, such as Subsea 7 or Trelleborg. Hopefully current shareholders can one day enjoy a nice exit through a takeover.

[markirv] 14/12/2020 14:04

Joint broker, presentation, share price fall. Smells like a placing.

[hpcg] 14/12/2020 12:03

It's a microcap, price goes up and down sharply on any imbalance in the book.

[sbb1x] 14/12/2020 10:30

Could be a large seller ?

[pinemartin9] 14/12/2020 09:56

What are people's thoughts in the drop off in share price from recent 79p high to 66p now? Can't see that anything has changed since, presumably just the share price giving a little back?

[pinemartin9] 10/12/2020 20:32

Tekmar General Manager APAC today (Anglea Lock):
Tekmar Group plc Tekmar Energy It was my pleasure to have an one-to-one meeting with Her Majesty’s Ambassador, Caroline Wilson. We talked about how the UK government assisted British companies such as Tekmar Group to bring new technologies to Chinese Offshore Wind market, as well as how to protect the IPR. We also brainstormed how to help women develop leadership.

Good to see activity behind the scenes in China.

[cerrito] 10/12/2020 18:09

Incidentally Schroders are going on a buying spree .
Today I have seen 3 RNS from them announcing increased holdings in Aim companies I have a holding in-PRES, IES and TGP.

[pinemartin9] 09/12/2020 16:45

A little old now but for info:

Angela Lock, General Manager, APAC, of ​​Tekmar Energy, will speak at the UK-China Joint Offshore Renewable Energy Conference organised by UK-China Centre for Offshore Renewable Energy on 10 December. As an industry expert, Angela will join a panel discussion on collaboration between China and the UK. Angela's focus will be Tekmar Energy's innovation in subsea cable protection including the opportunities and challenges in the China market.

[tomps2] 09/12/2020 10:47

Tekmar H1 results presentation by new CEO,Alasdair MacDonald,who gives a comprehensive overview of the business and the market, followed by Sue Hurst, CFO who presents the financials for the period ended 30th September 2020.

Video:

Podcast:

[igoe104] 08/12/2020 13:10

looks like Harwood Capital LLP and oryx are the sellers and Schroder's and downing have been buying...

Harwood Capital LLP and oryx must be taking a massive hit, selling at this level, im glad I don't invest in them.

[1tommyt] 07/12/2020 15:00

Did you meet management ?

[thomshrike] 07/12/2020 14:17

Pls refer to my snippets above (from last week).

[pugugly] 07/12/2020 13:35

Market reaction to presentation Negative - Advised that a recording will be available later - hopefully this week -
Like ourself was committed elsewhere So comments from those who participated would be much appreciated.

[1tommyt] 07/12/2020 12:22

I couldn't attend the management pitch today. If anyone does could they please give a view. Hopefully will get a video online. Thanks

[thomshrike] 03/12/2020 17:29

A few snippets:
- The company admits that competition is increasing but expects to be able to maintain Gross Margin. This should be valid even for Generation 10 of Teklink, which will have a lower ASP (efficiency gains shared with the client).
- One reason for increased competition is the LT increase of importance of Floating OW (relevant only after 2025). Because water depth for those projects is larger, the technology transferred by O&G-focused players, which was typically too expensive for the current lower depth projects, becomes more viable.
- The company is laying off 6% of headcount and taking out excess 25% capacity (allegedly with no impact if demand rebounds). Further integration efforts underway.

[1tommyt] 02/12/2020 16:47

"Pipeshield International Ltd is supplying the patented and industry-proven N2 Edge High-Performance Concrete Mattress into the Asia-Pacific region for the first time. Follow the link below to learn more."Another new contract in same day

[igoe104] 02/12/2020 16:29

Its a good idea for the directors to sign up to be interviewed by tamzin, she is followed by alot of full time investors. Could attract more buyers.

[pinemartin9] 02/12/2020 15:08

Giving a bit back today. Not surprising really.

[tomps2] 02/12/2020 12:35

Tekmar TGP H1 results webinar on Monday 7th December, 12 noon.

Ally MacDonald, CEO & Sue Hurst, CFO will present results followed by Q&A.

Register here:

[pinemartin9] 02/12/2020 12:12

Thanks Tommy - just seen it!

[1tommyt] 02/12/2020 12:00

I follow them on Linked In

[pinemartin9] 02/12/2020 11:39

Thanks Tommy. where did you see this? Can't see anything on their website. Thanks

[1tommyt] 02/12/2020 11:28

"Tekmar Energy has been chosen to supply its TekLink CPS and TekDuct impact protection system for a high-voltage grid transmission project in the Baltic sea. Products will be delivered in Q1 2021."New project award

[igoe104] 02/12/2020 08:11

Tgp are doing a interview with tamzin on pi world on the 8th December.

[energeticbacker] 01/12/2020 19:04

Covered in Investor's Champion's latest update - Tekmar doesn’t make for a very happy cash flow model.