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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 Shares Traded Last Trade
  0.50 0.93% 54.50 385,415 12:39:12
Bid Price Offer Price High Price Low Price Open Price
53.00 56.00 54.50 53.00 53.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 40.94 1.96 3.85 14.2 28
Last Trade Time Trade Type Trade Size Trade Price Currency
16:46:00 O 93,897 53.25 GBX

Tekmar (TGP) Latest News

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Tekmar Investors    Tekmar Takeover Rumours

Tekmar (TGP) Discussions and Chat

Tekmar (TGP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-05-07 16:46:0053.2593,89750,000.15O
2021-05-07 15:46:3053.1050,00026,550.00O
2021-05-07 15:18:0954.809,1244,999.95O
2021-05-07 15:14:4954.805,4522,987.70O
2021-05-07 15:06:2454.801,000548.00O
View all Tekmar trades in real-time

Tekmar (TGP) Top Chat Posts

Tekmar Daily Update: Tekmar Group Plc is listed in the Oil Equipment Services & Distribution sector of the London Stock Exchange with ticker TGP. The last closing price for Tekmar was 54p.
Tekmar Group Plc has a 4 week average price of 49.50p and a 12 week average price of 49.50p.
The 1 year high share price is 115p while the 1 year low share price is currently 35.50p.
There are currently 50,687,852 shares in issue and the average daily traded volume is 1,056,817 shares. The market capitalisation of Tekmar Group Plc is £27,624,879.34.
pugugly: This should have been known about by TGP for several months - It would appear to significant - unless "watertight" exemption clauses in place - So an rns should have been issued under market regulations. Now I wonder if change of Nomad might be significant - "4 February 2021 TEKMAR GROUP PLC Appointment of Nominated Adviser. Tekmar Group (AIM: TGP), a leading provider of technology and services for the global offshore energy markets, is pleased to announce that is has appointed N+1 Singer as the Company's Nominated Adviser ("Nomad") with immediate effect +44 (0)20 7496 3000 Rick Thompson/ Rachel Hayes
pinemartin9: Hmmmm. I'm not sure what guarantees they would have been sold with. Also depends on if it is 100% down to the cable or if the erosion was a construction issue. It mentioned about rocks being placed around the base of the turbine foundations somewhere. Orsted are very big and will have a good commercial team on this you can bet. Also if this has happened for Orsted it will definitely happen for other offshore wind farms. Remember, they pride themselves on governance, transparency and a leadership position in the offshore wind sector. They were the first company to acknowledge the much greater than modelled/anticipated blockage effect and the deviaiton from pre-constructin energy yield estimates. That resulted in a significant drop in the Orsted share price a few years ago. This development has added a lot more uncertainty for me. Yes, the share price is cheap, but does the risk/reward stack up at this price. I was very close to buying some today but have decided to wait.
imperial3: The share price just keeps on falling.Something bad afoot?
charlie9038: Perhaps the new non exec director will start the wheels turning. never understand these companies that do not have any news out to help the share price, surely there are new contracts etc... If not there is a Annual year end report due in July
imperial3: Since flotation we have had to suffer a really dismal share price fall.Waiting for something better to happen. No such luck so far.When will the worm turn? Answers on a postcard please.
chrisdgb: All good..........share price very quiet to say the least..!
charlie9038: Shame that these contracts are not announced to help boost the share price.
mikro1: Very high volumes today - but no change in price. I never understand these things. One thing I do understand though - this has been an amazing couple of months for Tekmar in terms of contracts won and if things continue at this rate the share price will rocket - one day..
pinemartin9: What are people's thoughts in the drop off in share price from recent 79p high to 66p now? Can't see that anything has changed since, presumably just the share price giving a little back?
1tommyt: So, for what it is worth, I have been racking my brain and going back over this one over the weekend. I don't hold many stocks, and what I do I tend to go long (3-5 years) and do lots of homework (see point later*) Tekmar and TGP.L to me remains an undervalued play within offshore renewables (high long term growth market) but not for everyone, and possibly as stated not best suited to the AIM market. I agree with @ varies and others who commented before, there is over 10m positive cash within the group today that is low risk from debtors and other liquid assets within the balance sheet, spoke with friends (who work in PE) and they agree this is highly likely takeover target at sub 40m cap. The current overreaction to the recent announcement is the classic oversupply under demand against an un-liquid stock, more than 20m of shares traded or 2.5x previous highest volume-driven mainly by single institutional investors (Originally more than 80% with ten holders) I had spoken with management and James in the past. He was very open about the competition (Page 36 risks section 5 competition in the annual, report) also mention in multiple management presentations (you can see videos online). They also continually highlighted the need to diversify, integrate the businesses and change current year-end to offset from peak demand. Other investors have confirmed that listing was an exit for the PE (who came out in full) James made most of his money back with PE deal and held little once floated, Ally (New CEO and former Chairman) had more PLC background and was always intending on running as a corporate role longer-term (some larger shareholder also confirmed this). James and Ally built this business that has always grown, always maintain a profit but was largely overexposed to one brand solution in a particular market, obviously this needed to change as a public company. So, for me, the real question is, why did the New CEO and long-standing former chairman make these remarks that were already widely understood and reported by the businesses? I think they needed to buy time, and the new CEO thought he could put space between him and former, before revealing new plans. This was a BIG mistake and has possible cost him the share base... that said it still makes for a great opportunity. *I topped up TGP at 40p and now it represents around 10% of my portfolio, I only keep a few listed stocks (i am mainly into VCT's and direct EIC) my top active personal holdings are currently TGP ORSTED SIFG VWS SUBCY. I intend to put a much larger play on TGP if price stays below 45p tomorrow. My target price to sell is now 95p or around 10x 3-year average EBITDA (very low target) then I will drop them back into a circa 10% holding. Hope that help. I found it useful in sharing my view.
Tekmar share price data is direct from the London Stock Exchange
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