Tekmar Share Discussion Threads

[bobbie870] 29/6/2022 14:32

Buying says diff maybe like me the block buyers have seen the write up TRY BUYING

[farrugia] 29/6/2022 14:27

i hate shills - bobbie looks like a ramping shill.

[farrugia] 29/6/2022 13:27

the Times SAYING 2 interested parties have made an approach

-> where is it saying that?

[bobbie870] 29/6/2022 12:29

the Times SAYING 2 interested parties have made an approach

[diku] 29/6/2022 12:04

Has any of the BOD walked away?...

[diku] 29/6/2022 12:02

100k???...surely you can afford to be a bluey poster...



And secondly makes sure to crystallise losses before year end so you can offset losses against gains. That is one mistake I did last year; not crystallising sufficient losses and this year i had to pay a bloody 100k to the tax man! (You might think I made a killing last year but I would have been in a much better position if i had crystallised more losses!)

[diku] 29/6/2022 12:01

Something smells very fishy here...where has the money gone?...




igoe10429 Jun '22 - 07:36 - 1553 of 1563
0 2 0
Having shares like tgp can make you lose your confidence in general life, you start looking at everything in a negative way. I'm just baffled how this management can mess things up in such a high growth market when winning loads of big contracts. Obviously they don't own a calculator and aren't very good at maths.

[igoe104] 29/6/2022 11:45

Good thinking pinemartin, I cleared by mortgage last year, I have no debts, so if ever things go wrong I don't need much monthly outgoings, I can easily live off my monthly dividends, plus the wife has a decent job... Still feel our other two stocks we have in common SUR and SWG will cover our losses here over the next few years comfortably...

7% of my Portfolio is in SUR,...

[farrugia] 29/6/2022 10:38

Unfortunately we are in a bear market and most shares are down a lot. No stocks are holding not even the better ones like ABF. So guys you are not alone. I haven't got screwed by Tekmar and was actually looking to trade the bounce some weeks ago. But I did get screwed by names like McColls and Afren. Strangely McColls is one of the few shares I held going into the pandemic as i thought it would prosper servicing grocery neighbourhoods. (which highlights the importance of never getting too big into a positions as things can always go wrong)

Pinemarting
'I'm going to go much lower risk from now in future decisions and work on building a portfolio that is lower stress and allows me the headspace and energy to focus on the more important things in my immediate life such as family, work and fun.'

To be honest i doubt there is any such thing as a portfolio that is low stress. FTSE 100 companies can in some ways be higher risk as they have a lot of room to fall if something goes wrong. Talk about NMC Health and many others. Lower stress try high yield corporate bonds.

I can only give you a couple of tips. Try not to get in too big in those tumultuous times as it can hurt a lot on the way down. Market conditions are rapidly changing. Near the beginning of the year I bought heavily into Currys thinking I could trade the downswing back to mean reversion like i did in the past. Then after a few months I realised this wasn't happening so had to reduce.

And secondly makes sure to crystallise losses before year end so you can offset losses against gains. That is one mistake I did last year; not crystallising sufficient losses and this year i had to pay a bloody 100k to the tax man! (You might think I made a killing last year but I would have been in a much better position if i had crystallised more losses!)

[illiswilgig] 29/6/2022 09:17

Interesting observation igoe - I know what you mean. As a full time private investor I find its quite a lonely occupation in these days of zoom. I don't have a problem with that, I work happily on my own. But its really not the kind of thing I can discuss with friends 'down the pub' on good days or bad. I see their eyes glaze over after about 30seconds. The same for family members. They pay good money for somebody else to have the hassle and don't want to hear about it from me.

I've found not discussing it is equally problemmatic as it's clear that something is up and that doesn't just affect me. And lets face it - there has been plenty of that over the last couple of years. I'm learning not to put on too much of an act and to be able to express it in everyday 'bad day at the office' terms rather than waffle on at length.

The other thing that I do - is hide under an old landrover for a while and unbolt it, fix it, and bolt it up again. Chop some firewood and then focus upon my plan, work out what I am going to do to fix it - even if it takes years - and apply myself 100% to improving my investments, which is far easier said than done in this bear market. But it will end and my actions now will place me in a far better place when it does end,

cheers

[chrisdgb] 29/6/2022 08:44

Agreed, SIPP taken a hit, can we salvage anything............?

[igoe104] 29/6/2022 08:40

The hardest thing with having a terrible share is trying to put a act on too family members, that everything is normal, when your hurting inside. Its not the sort of thing you can discuss with the Mrs.

[pinemartin9] 29/6/2022 07:55

Held mine in my SIPP....which is a positive and negative. Positive in the sense that I don't need it today. Negative in the sense to see about 2 years of prior pension contributions effectively wiped out in one share.School of hard knocks.

[igoe104] 29/6/2022 07:45

Its easy to beat yourself up over this. But you look at the investment case, and the potential for huge amounts of work, and the continued contracts being posted. You can see why we were sucked in. Wind farms are going to be popping up everywhere and they need cable supports etc..

Management are a total shambles to mess up in such a market place...

[igoe104] 29/6/2022 07:36

Having shares like tgp can make you lose your confidence in general life, you start looking at everything in a negative way. I'm just baffled how this management can mess things up in such a high growth market when winning loads of big contracts. Obviously they don't own a calculator and aren't very good at maths.

[illiswilgig] 29/6/2022 07:34

Same here.

a hefty five figure loss. For which I blame myself entirely. I am sure that the company has done, and continues to do, the best that it can in the circumstances. I certainly did not. In the sense that all my AIM micro-cap shares have large piles of cash, cash-flow, well-invested in plant and product, are profitable, pay dividends and I have taken years to built sizable stakes.

In the case of TGP (and two others) I took a much higher risk and built higher stakes within a year without cash or cashflow and no profits either. I ignored warning signs. And I needed some luck - as did the company - but there is not a lot of that around at the moment, certainly not for me.

I won't be selling the likes of MSI, ZYT, PMP, SAG or MERC. I have a lot of ground to make up in the next couple of years.

good luck (certainly better luck) all

cheers

[pinemartin9] 28/6/2022 22:20

Mine was a five figure hit too. Quite painful to say the least. Total and utter incompetency and a shambles of a management and directors team. Also shows how regular newsflow can be misleading. School of hard knocks and all that. I've taken the hit and will move on.

I'm with you Igoe - not investing in AIM or v small caps from now on. I'm holding a few legacy ones, which (surprise surprise) aren't doing too well.

One of my best investments in recent times was: IFSL MARLBOROUGH NANO-CAP GROWTH
This netted me a hefty 5 figure return and circa 50% growth in just 6 months in early 2021. Different times I know. However, the price is starting to look interesting again. I think a specialist fund like this might be the best way to get exposure to that part of the market. DYOR etc.

[pinemartin9] 28/6/2022 22:20

Mine was a five figure hit too. Quite painful to say the least. Total and utter incompetency and a shambles of a management and directors team. Also shows how regular newsflow can be misleading. School of hard knocks and all that. I've taken the hit and will move on.

I'm with you Igoe - not investing in AIM or v small caps from now on. I'm holding a few legacy ones, which (surprise surprise) aren't doing too well.

One of my best investments in recent times was: IFSL MARLBOROUGH NANO-CAP GROWTH
This netted me a hefty 5 figure return and circa 50% growth in just 6 months in early 2021. Different times I know. However, the price is starting to look interesting again. I think a specialist fund like this might be the best way to get exposure to that part of the market. DYOR etc.

[charlie9038] 28/6/2022 18:21

Ouch -£2300 loss waiting for the bounce.

[igoe104] 28/6/2022 18:05

The only consolation for me is its only less than a 3% hit for the overall portfolio. (With holding 27 positions) but its still a five figure hit, a little bit frustrated with myself for not getting out at 32p, but hindsight is a wonderful thing. The only hope is, having a few interested parties that get into a bidding war. Its certainly the last time I buy any blue sky Aim or small cap companies, in future I'm only going to buy profit making companies with a dividend yield over 3%.

[diku] 28/6/2022 15:37

Post 1544...hope you recover your money in other form...another disaster is MCLS...PI's lost money in that too...hence PI's are now not hanging around for keeps to infinity...market is in casino mode over the years...seem to be loss of trust...what the company says and what the reality is who knows...