Tekmar Share Discussion Threads

[capitaine45] 25/7/2022 08:30

Hit the new support. £6m is free ride from here


Rns next 5-10days....

[olympics2024] 22/7/2022 12:53

Time to close risky short RnM.
Burn’t toast if a RNS drops

Upside is amazing once the wider market wake up
Our NPV per share = 64p

[olympics2024] 22/7/2022 11:34

Trading update next or new contract win.

Fingers crossed For all holders, stability is back and cash is coming in, we all know how fast this can move back up. Could pay-off massive

[hubert18] 22/7/2022 11:17

May be quiet, just Hold your shares.

[hubert18] 21/7/2022 10:40

Note context of paragraph on July 8th...

“pleased to update that we had a strong cash collection towards the end of our June quarter. This supports our confidence in the stability of the business as the market environment improves.”


The payment due for quarte1 and quarter two were likely behind payment schedule, cash has now been collected with the recent statement, the cash supports and stability has returned..
some missed this...

[hubert18] 21/7/2022 10:35

Full rns below
Tekmar Group PLC
08 July 2022

Contract Award
Tekmar Group (AIM: TGP), a leading provider of technology and services for the global offshore energy markets, is pleased to announce a significant new contract to provide an integrated engineering solution, including Cable Protection Systems ("CPS") and Cable Hang-Off Clamps, for an offshore wind farm project in Japan. The contract is expected to be delivered in 2023.

Alasdair MacDonald, CEO of Tekmar Group, said : "We are pleased to be announcing this significant contract award, which represents an important strategic milestone as we extend our geographical reach into the Japanese offshore wind market. This contract builds on the encouraging contract momentum we have established, highlighted by the record order book of GBP20.1m we announced with our first half results and demonstrates how our CPS solution offers superior technical capability and value in de-risking complex subsea engineering projects for the market.

We also see this recent contract momentum as an important indicator that the level of market activity is improving and are also pleased to update that we had a strong cash collection towards the end of our June quarter. This supports our confidence in the stability of the business as the market environment improves.

The Company has launched a formal sale process and further communication with shareholders on this process will be made as and when appropriate to do so. In the meantime, it is business as usual for Tekmar as we remain focused on delivering on our plans and we look forward to keeping shareholders updated with our continued progress."

[hubert18] 21/7/2022 09:41

Just need a good rns, end of month

[hubert18] 20/7/2022 14:58

Good points Capitaine.

Japanese wouldn’t do business otherwise.
One word comes to mind, “shrewd“

[capitaine45] 20/7/2022 13:37

June, was when the share price was 39p. Mcap was around £25m
I invested at the bottom and AFTER the significant contract win
Did my due diligence. Massive difference!

So yes I read and watched the share price fall and read the new contract news. You do your own research and make decisions after.

GL to you, and nobody is asking you to follow me and invest here. Each to their own. Companies wish to work with TGP. that’s after June 13th. Japanese will have read the June 13th Rns also.

[stemis] 20/7/2022 13:26

Did you not read the announcement of 13 June -

Whilst the Group is currently operating with sufficient working capital for its present requirements, the combination of sustained trading losses and increased pressure on working capital mean that the Group may not have the necessary cash to make all the required investment to deliver fully the turnaround strategy to return the Group to profitable cash generation within the timescale targeted by the Board.

[capitaine45] 20/7/2022 12:20

Just checked we are actually £6.5m m cap
Total steal, considering £20-£30m orders.
Just my opinions

Looking forward, to the scenarios here:
1) If a buyer comes forward that will rocket the share price
2) If however the company BOD now decide NOT to selll and require a buyer interest in this business, now that international orders are flowing again, we will be back to 40p-50p.
3) New Contract is announced we should be closer to 39p again.

Whichever way it seems a win. win. This should pay off.
Hold accumulate quietly from here.

[capitaine45] 20/7/2022 12:16

Great chance to add again today @11p, while we can.

Love the cooler weather...Total bliss

[hubert18] 20/7/2022 11:46

MM’s playing a few last minute games..to entice sellers. Will bounce once final few sellers are gone.

Only 60m shares in issue.

[olympics2024] 19/7/2022 14:41

Can sell my total holding online, was almost Impossible last week,.

institutional interest here helps.
Happy days ahead.

[olympics2024] 19/7/2022 11:49

Not sold a bean, partly because another rns could drop anytime, and TGP historically moves at speed. T

[olympics2024] 19/7/2022 11:47

Huge order book plus Low cap of £7m
N-value=65p


This is a steal, 11p won’t last forever once the market catches on. Next rns can’t be far now..

[hubert18] 19/7/2022 11:14

Kicking off again:))
Selling done at 11p agree on that part

25-30p next target
Next Contract will do it.

[hubert18] 18/7/2022 16:51

Another rns takes this to 30p+

Not far off.

[hubert18] 18/7/2022 16:49

Still here.
Picked a few more

[jimduggen] 15/7/2022 16:09

If contact momentum keeps going then perhaps they take the for sale sign down

[capitaine45] 15/7/2022 11:38

Cheap as chips at 11p considering we are £6-7m cap and order book is booming.

Safe Add/ hold for me.
Best time to buy now, when there is no interest

[capitaine45] 15/7/2022 11:35

When the love returns, it will be on fire

This will turn positive.
Institutional appetite is there.

[kcowe] 15/7/2022 09:32

No love for this ...why is that?