Tekmar Share Discussion Threads

[mingo5] 27/5/2021 10:51

Any update on cable protection issue that caused the share price to plummet? not sure to ride out the storm or just cut my losses and sell by far my worse performing share down 23%

[chrisdgb] 26/5/2021 16:03

Interims on Tuesday, so not too long to wait......

[benbay001] 26/5/2021 10:10

Same, i also dont know of any other UK suppliers, please name them.

[1tommyt] 26/5/2021 07:53

Anyone know if they are doing a presentation online ?

[1tommyt] 25/5/2021 17:04

They are in investor deck I read

[soulcold] 25/5/2021 15:54

Balmoral, CRP (formerly Trelleborg) & First Subsea (they make the connection system but subcontract the CPS from BMP)

[pinemartin9] 25/5/2021 15:23

Can you name the 3 other UK suppliers please for my research. I'm aware of larger international suppliers, less so UK. So your insights are appreciated.

[imperial3] 25/5/2021 14:50

They are just not cutting it with the market.Maybe we just have to wait until the results come out.

[soulcold] 25/5/2021 14:13

Don’t dislike them I’m merely highlighting that there are other better suppliers out there. Tekmar certainly don’t win them all as their competitors have secured some large contracts lately. However they choose not to run to the industry press to crow about it.

[1tommyt] 25/5/2021 13:30

Just now "Tekmar Energy has secured a contract to manufacture and supply 22 Bend Restrictor Trains for the Lufeng Project in the South China Sea. The products will be manufactured at our manufacturing facility in Newton Aycliffe in the UK and delivered to China in Q3 2021.#offshoreenergy l #protection l #china l Tekmar Group"

[1tommyt] 25/5/2021 13:27

You really don't like them do you? Have you worked with them? From what I can see they win all the work anyway! I don't think it is right for government to start to mandate local suppliers, if every other export opportunity did the same how would we grow! They win work in USA China and lots in EU...

[soulcold] 25/5/2021 13:02

@pinemartin9 why would the UK Government “make sure that Tekmar benefit” when there are at least 3 other UK suppliers of CPS. Some of which are far more competent & experienced with a better track record of delivering quality subsea products on time.

[pinemartin9] 25/5/2021 12:16

Looks like it is being manipulated/forced down. Small PI buying but ripe for a short for some people I think. I think any shorts would naturally unwind as we approach results. Sentiment could change very quickly here. They are in a hot sector and have large but limited competition. With a bit of tweaking they could do very well. Just need a few big contract wins. Either way, it could go lower (I hope note) but in my humble opinion anyone shorting this would be daft to do so when an announcement is made or imminent. I go back to one of my previous comments - why aren't UK HM Government anchoring local supply chain in the UK and doing more to make sure that TEKMAR benefit from the major opportunity that exists in UK? We need to build businesses like this so they can grow into world leaders.

[igoe104] 25/5/2021 11:37

I've got my fingers crossed its in a similar situation as SWG where the share price keeps falling then suddenly they pull out a trading statement and the whole momentum of the share charges. Into a upward trend.

[diku] 24/5/2021 23:30

Just as I thought...


diku20 May '21 - 08:48 - 986 of 1006 Edit
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Think MM have sucked in a lot of PI's in....small rises are false sense of security..

[diku] 24/5/2021 23:29

New fresh team in?...what the the existing team doing then?...and getting paid for what?...its a merry go round...it then becomes easy come easy go...


igoe10424 May '21 - 14:34 - 1001 of 1005
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This management team are dead wood, with very little PR skills. We could do with a fresh team in, who are capable of giving us financial guidance

[mwainw1973] 24/5/2021 19:03

I know people who have and still do work here. Toxic business in trouble people leaving left right and centre, poorly organised, poor morale wouldn't touch this with a barge pole

[charlie9038] 24/5/2021 17:27

It still has potential though, Im holding on even though -32%, it can only go up from here

[currencytrader1] 24/5/2021 16:20

I've got a really bad feeling this could drop lower on no good news on the 1st, good news always leaks and with share price going lower I don't feel there is any..
Like mentionned below, this sounded like a good buy for the green outlook, but clearly the board are incapable.
I emailed investor relations about 2 weeks ago asking if there was any further information about the business available, never got a reply...

[imperial3] 24/5/2021 15:39

Perhaps a new BOD would help!!!!!

[igoe104] 24/5/2021 14:34

This management team are dead wood, with very little PR skills. We could do with a fresh team in, who are capable of giving us financial guidance.

[igoe104] 24/5/2021 14:23

Has anyone been in touch with any of the management and got a response? This is by far the worse preforming share in my portfolio ....

[imperial3] 24/5/2021 14:05

This is just a disaster for me.

[scooper72] 24/5/2021 14:04

I think probably a lot of people bought this as a sort of green tech growth stock and aren't willing to stay the course. Stockopedia have it classed as contrarian now. Probably cuz of the loss of momentum over time. From what I can see the numbers in terms of revenue going forward etc don't give the impression of a big growth story any time soon, so for many maybe the investment time line is looking uncertain for them. Personally I am buying the dip. But if the trajectory continues will have to review the whole investment case and see if the stock is getting v cheap for a good reason.

[chrisdgb] 24/5/2021 13:20

Worst stock for me now but can't help to think we are stuck in an unfortunate news vacuum.....