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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 0.0% 46.50 45.00 48.00 46.50 46.50 46.50 35,461 07:43:30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 40.9 2.0 3.9 12.1 24

Tekmar Share Discussion Threads

Showing 8976 to 8996 of 9325 messages
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DateSubjectAuthorDiscuss
15/5/2021
13:36
Are they doing any work in the US?...
diku
15/5/2021
08:26
Buys are increasing though, and at last update in December board promised many updates on business pipeline and cost savings at June 1st update. I think we will see a climb into update in 2 weeks, then it's down to how it reads.. They are clearly winning business, and if cost savings are kicking in with the re modeled business, then we should get a good re rate from here. From what i read, tekmar feel their cable protection is bullet proof, so current issues are probably an installation issue.
currencytrader1
15/5/2021
06:27
@Buywell can you show me a chart for any stock when the lines show growth ??
1tommyt
15/5/2021
06:27
And in the next decade, wind power generation in the UK is expected to triple. Much of this progress is thanks to the Climate Change Act of 2008, which directed an estimated £50 billion towards renewables.
charlie9038
14/5/2021
22:03
Mr Market is taking this steadily downwards despite the impressive list of Significant Shareholders that bought in 2018 float at 130p as shown in the header free stock charts from uk.advfn.com jonwig Perhaps you would like to show the latest list ? Here is the info: hTTps://investors.tekmar.co.uk/investors/major-shareholders/ One can only assume that many from your list jonwig have contributed to the above chart shape as their names are no longer there However the financial numbers are imo the main reason why --- Without doubt there is a need for wind farms --- but electricity generation in the sea has always struck buywell a being very high risk and with high maintenance and low lifespan of component parts exposed to salt water and sea spray --- rising sea levels and worsening weather patterns/storms --- and now the added worry of terror strikes , which was never thought about until the Iraq war. Wind generation on the land makes much more sense , and even that seems risky Solar generation on land and on home roofs makes much more sense imo , wonder why the UK government stopped giving folks a few quid to get it installed ? Was it lobbying ? dyor imo
buywell2
14/5/2021
18:31
Anyone got a view on the update in 2 weeks?
currencytrader1
13/5/2021
10:38
Just bought a good chunk at 49p,seems good value to me..
currencytrader1
13/5/2021
08:51
https://www.rechargenews.com/wind/we-know-a-bit-about-transmission-iberdrola-chief-says-no-offshore-wind-cable-issues-after-orsted-warning/2-1-1009779
1tommyt
11/5/2021
19:31
https://www.msn.com/en-gb/news/world/biden-administration-approves-first-major-us-offshore-windfarm/ar-BB1gCcds?ocid=msedgntp
charlie9038
06/5/2021
12:14
Agreed - this somewhat derisks Tekmar. Looks like the installation solution as opposed to the product.
pinemartin9
06/5/2021
09:16
I googled this could find it but did see others supplied RWE https://www.google.co.uk/amp/s/www.oedigital.com/amp/news/482633-trelleborg-to-provide-cable-protection-for-rwe-s-kaskasi-offshore-wind-farmhttps://www.cpnl.eu/projects?lightbox=dataItem-iya0gjqvAgain I don't think this is a product issue but more a design issue for the foundation? If Tekmar are helping Orsted would they not also use the solution for all developers like they did on the other O&M contracts.?
1tommyt
06/5/2021
09:13
Can you send a link please
1tommyt
06/5/2021
09:07
Trade press today: RWE Renewables has located cable protection system damage at some of its operational wind farms that is similar to wire shielding issues outlined by Orsted last week. The Danish developer is planning a £350m O&M campaign to fix abraded protection systems that have left array lines at up to 10 of its recently commissioned assets at a higher risk of failure. The abrasion is due to sea-floor currents dragging exposed wire coverings across rock scour protection installed around foundations. “So far we have only identified a limited number of locations in rather new assets that may be affected,” said an RWE spokesperson. “The issue is not expected to have a material impact.” Damage to cable protection systems is occurring more frequently on projects built in the past five years as these lie in areas with tougher metocean conditions, according to multiple market sources. Iberdrola, Vattenfall and Northland Power said they are continuing to monitor their assets but believe they are not affected as they have largely used different configurations of scour and cable protection to the 10 Orsted projects.
pinemartin9
05/5/2021
07:30
Those T2 T5 T10 will have to flushed out...
diku
05/5/2021
06:08
@buywell3 Post 951. “ Turnover going up at the expense of increased profits in any company is imo high risk and to be done only short term eg to put a competitor out of business” My understanding is that this was in fact the Tekmar strategy which was also adopted to secure Oil & Gas business. Unfortunately a lack of understanding of the actual project requirements and poor quality has exacerbated that risk ! Hopefully they will learn instead of lowering the market rate.
soulcold
04/5/2021
21:43
What has been proved thus far is that trying to protect sea floor cables around the coasts of Britain is a very difficult and complex process A process which has not yet been perfected But one which done properly so as to eliminate scour and the undersea rips that take place at certain depths and subsea geographical formations will be very much more expensive than has thus far been charged IMO Turnover going up at the expense of increased profits in any company is imo high risk and to be done only short term eg to put a competitor out of business buywell thinks prices for guaranteed engineered protection need to rise significantly or else major shareholders will start to get nervous imo dyor
buywell3
04/5/2021
14:07
Low this year without a potential issue was 46p,so 43p a realistic target if you fancy a punt I'd say...
currencytrader1
04/5/2021
12:11
Better to wait till 40-43p?..
diku
04/5/2021
11:24
Lots of sell in 40 and 50k blocks, schroders selling again to de risk, or they know more??
currencytrader1
04/5/2021
09:33
The Tekmar management were asked about the risk of warranty issues here: hTTps://youtu.be/dkpxEyXogno?t=3498 They didn't say this explicitly, but I got the impression that they are now tighter on contract terms than in the past. They said that their engineering design was the insurance, although it would be much better if they had actual insurance in place. I don't think it is in the interests of Orstad to go after Tekmar aggressively over this since they will simply fold and Orstad will get nothing. Therefore, where they may have liability is providing new cable protectors for free. However, they are unlikely to be forced to pay for fitting these since this would bankrupt them. I think the biggest risk is to reputation and if it affects new contract wins. Or if other customers start to demand precautionary replacements with newer designs. For example, FireAngel had a warranty issue that they said was a limited one-off about 5 years ago yet they are still increasing warranty provisions today, raising equity to pay for it, and it is still affecting their Amazon reviews.
dangersimpson2
04/5/2021
09:27
Topped up for me..........
chrisdgb
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