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TGP Tekmar Group Plc

9.25
0.00 (0.00%)
Last Updated: 07:31:44
Delayed by 15 minutes
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 0.00% 9.25 9.00 9.50 9.25 9.25 9.25 1,204,211 07:31:44
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Water,sewer,pipeline Constr 39.91M -10.12M -0.0744 -1.24 12.59M
Tekmar Group Plc is listed in the Water,sewer,pipeline Constr sector of the London Stock Exchange with ticker TGP. The last closing price for Tekmar was 9.25p. Over the last year, Tekmar shares have traded in a share price range of 8.80p to 15.75p.

Tekmar currently has 136,072,626 shares in issue. The market capitalisation of Tekmar is £12.59 million. Tekmar has a price to earnings ratio (PE ratio) of -1.24.

Tekmar Share Discussion Threads

Showing 9951 to 9975 of 10025 messages
Chat Pages: 401  400  399  398  397  396  395  394  393  392  391  390  Older
DateSubjectAuthorDiscuss
22/6/2023
11:57
They are a picks and shovels company mainly for wind farms. Lots of global windfarm projects in the pipeline, so a chance for TGP to grow substantially over the coming years..
igoe104
22/6/2023
11:32
I just wonder whether this will be a 10 bagger in 5 years?
imperial3
22/6/2023
09:10
Heading north..good call.
zen12
22/6/2023
08:49
Peeps realising the huge growth potential here.
someuwin
21/6/2023
08:44
If they pull this off, the recovery could be spectacular

"...We are excited to be partnering with SCF and look forward to delivering the value of this partnership on the public market for the benefit of all investors and stakeholders. SCF and Tekmar have a shared ambition to build a top tier global offshore wind services company, through the company's core organic growth strategy and, at the right time, through acquisitive growth. The investment by SCF is a major catalyst for creating this growth platform and by any measure is transformational for the future prospects of the Group. The Board also recognised the exceptional track record of SCF, built over 30 plus years, in supporting value creation in offshore energy companies.

It is also worth highlighting that SCF identified Tekmar as the business of choice for building a global, offshore wind services platform. This recognised Tekmar's market leading position in the industry and also reflects the diligence undertaken by SCF to validate the growth opportunity and Tekmar's strong standing in the industry, particularly with its customers."

someuwin
21/6/2023
07:37
Inline trading statement, and they expect to break even on the year. Hopefully more contracts incoming...
igoe104
31/5/2023
08:11
Good contract -
tomboyb
31/5/2023
07:55
Unusual not to tell us who the contract is with.
mancman1
31/5/2023
07:27
Nice 5 million plus contract.
igoe104
02/4/2023
22:27
I have not had time to take a close look at this new deal but pleased to see that Schroders took 14m of the 22m placing shares deal so will have 26m shares ie 17pc of the share count of 146m when this deal goes through later this month.
I have alot on at the moment and will not have the time to do the study to go into the retail offer.

cerrito
01/4/2023
17:41
So shareholders have the threat of financial crisis on one hand or a bad deal on the other. Does anyone know anything about the new guys?
harry_david
14/3/2023
09:07
Had a good canter through the figures.
Great that they had a positive FCF as defined by operating cash flow and capex in the period.
Like most of you I quickly went to the Going Concern Statement and that like the rest of the report suggested to me that they can continue to limp along provided that the banks roll over the facilities-at least they do not have to worry about covenants.
This explains no doubt why they are taking their time to conclude discussions. I am interested that no industry partner have seen fit to make an offer.
I noted their comments about not having the financial resources to enter the fossil fuel market. I ask myself how much business is being lost because potential customers do not regard them as financially strong enough especially given the post sales service requirements. I thought their explanation of the contingent liabilities was plausible but something we need to have on our radar. I have no idea if their current plant needs modernising or expanding.
In short they do need to bolster their financial position and to have better shareholder communications. Too bad that broker Singer do not put their notes on Research Tree : that at the moment we have no IMC presentation: and while I have no problem having the AGM in Darlington too bad it is not later in the day so easier for people to make it. I cannot make that date anyhow.
I see that they are talking about revenue going up from £30m to £40m in the current 12 month period and eliminating last year's adjusted Ebitda loss of £2.1m
Ok as far as it goes but will not be able to generate the cash required from operations and the improvement seen in adjusted Ebitda in H2 of FY 21/22 will not be repeated.
I would feel more comfortable if they had a permanent CFO but can understand that no one would want to join at this stage.
Good that Schroders still in there with 20pc.
My basic issue continues to be that with a current Marcap of c£7m(feel free to check my maths), how can they raise the £3m they need to give them the required financial flexibility.

cerrito
13/2/2023
08:14
Are these guys insane? Why pursue a placement at around 8p when they can easily get one away at 12p or even higher. Besides existing shareholders will vote it down anyway.
harry_david
10/2/2023
13:36
Unless you have inside knowledge how an you tell? A strategic investor taking a stake at say 8p, does not necessarily mean that share price should be 8p. Suggests what matters more is detail about strategic ambition.
pejaten
10/2/2023
09:08
Price way too high.........
chrisdgb
10/2/2023
09:02
Regained top place in my drawdown SIPP.
Hopefully new highs on the way

volsung
06/2/2023
11:52
Looks like a break out back up to 40p.
indiestu
26/1/2023
18:44
No/low volume yesterday and today, tried a few dummy trades, the jobbers were good to buy 250,000 shares at 12, though I could only buy 1 share at 12.50 - all online.


So, I stick tight and wait',,,,

fishboy
17/1/2023
10:56
I have halved my holdings yesterday and today.
I have been trying to work out how much debt and equity they need. If you say they need £4m minimum equity at 8p a share that means a 50 pc increase in shares issued plus let us say £2m of very expensive debt. I admit that I may be wrong with the amount they need. Be interested to get a feel from others as to how much they think is needed.
I am also interested to see that as of Friday last Schroders were still trading ie had not been made privy to the discussions. They will need to sign off on any decision. I appreciate that if they were bought in they could not trade but not sure how much they could sell even if they wanted to.

cerrito
16/1/2023
11:26
Need to get this to a conclusion as can't really buy stock in the interim. Todays announcement is neutral imo.
gopher
16/1/2023
10:32
Doesn't look like there has been a made rush to buy the company, at least not at a level which is preferable to selling part at around the current price. That does rather undermine the idea that TGP is a strategic asset in a growing industry, either for competitors or for those on other parts of the value chain...
stemis
16/1/2023
10:15
That would have been a disaster as it would have been before the last significant contracts.

Funding for a business growing revenue in chunks is a lot easier than funding when nothing much announced.

yump
16/1/2023
10:03
So they are giving up, probably 29.9% of the company at 8pish/share, in order to secure debt funding to keep them going, and still going to have significant debt.

They would have been better off skipping all this palaver and just had a discounted rights issue when they realised they had run out of cash.

dangersimpson2
16/1/2023
08:32
I’d rather have that dilution than be swallowed up or delisted which would give no chance to benefit from any medium term growth.

Unfortunately Working capital is a problem for quite a few promising businesses at the moment.

yump
16/1/2023
08:06
Remember the price was 8/9p at the time of announcement.......
chrisdgb
Chat Pages: 401  400  399  398  397  396  395  394  393  392  391  390  Older

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