Teliti Share Discussion Threads

[blank frank] 22/6/2007 18:26

Very well done BF2. You tipped SAL just eight days ago when it was 140.5p; and it is now 190p, a rise of 35.23%. It just goes to show that you can make money from reading this thread!



I missed out this time, but hopefully some other TELites were able to benefit.

B.F.

[blindfaith2] 22/6/2007 15:29

Blank - SAL up another 20% today, did you get any ?

[blindfaith2] 21/6/2007 16:53

Blank – I concede it was a tip, only because it has gone up nearly 13% in the last week !!!!!!

[blank frank] 17/6/2007 16:52

BF2,

I don't think that I'm the one splitting hairs.

This in my opinion constitutes a tip:-
Blindfaith2 - 14 Jun'07 - 19:15 - 309 of 313
"Ps – If you want to see a small company going the right way, without much/hardly any press then check out Spaceandpeople (SAL) different market, I know, but these guys are building a business up from virtually nothing, without bells and whistles but growing from strength to strength. News to follow about a new European contract and yes I hold and have done for some time and no I am not ramping. DYOR etc etc but it's encouraging to see that it can be done !"

If you know the difference between tipping and ramping, then why did you say:-
Blindfaith2 - 16 Jun'07 - 16:25 - 311 of 313
"Blank, SAL was not really a tip hence "I am not ramping" ... "

As all I said was:-
Blank Frank - 14 Jun'07 - 19:19 - 310 of 313
" ... P.S. Thanks for the SAL tip - I'll look into it."
In no way, shape or form was I suggesting that you were ramping.

As regards bad tips ... I don't think that bulletin boards tipsters have a monoploy on those. Tipsheets, other investment press, and brokers etc. have given many as well. Bulletin board tipsters can provide a good resource for generating new investment ideas; some will be bad, but some good, and investors can and should of course do their own additional research into tips which may interest them to help judge which is which.

B.F.

[blank frank] 16/6/2007 17:59

BF2,

Tipping and ramping are two different things; the "Investors Chronicle" for example tips shares every week without ramping, and many shares are tipped on ADVFN without ramping. There's nothing to be ashamed of in tipping a share.

You may have mentioned SAL as an example, but that served as a tip as well - without of course any ramping.

B.F.

P.S. I note that you've never started a thread on ADVFN, despite admitting earlier to having over twenty shareholdings. But perhaps you're shy?!

[blindfaith2] 16/6/2007 16:25

Blank, SAL was not really a tip hence "I am not ramping" but more of an example of how it can be done properly, unlike TEL which as been nothing short of a shambles.
Fortunately my profits from SAL more than cover my write off here.

[blank frank] 14/6/2007 19:19

Thanks for that BF2.

I think your views highlight why senior TEL insider share buying is absolutely essential once TEL is relisted in order to help to restore investor confidence.

In the case of TEL Chair Lord Razzall, and new Finance Controller Mark Godfrey, they don't apparently at present hold any TEL shares, and it would be enormously encouraging if that were to change.

The insider cluster buying at ATCG on 2nd. April ( ) certainly seemed to provide a very positive fillip to investor confidence.

As has the purchase today by ATCG's new FD (combined with a positive announcement from the company earlier in the day) :-
14/06/2007 11:53 UKREG FD Significant Share Purchase LSE:ATCG AT Communications
"The Board of ATC was informed today that Ian Crawley, recently appointed Finance Director, today purchased 1,511,429 Ordinary Shares of 1p each at a price of 38 pence per share which represents 2.28 per cent. of the Issued Ordinary Share Capital of the Company. Mr Crawley held no shares in the Group prior to this purchase.
Alex Tupman, ATC's Chief Executive commented:-
"I welcome Ian's commitment which is a clear message to the market that the ATC management team are focused on driving growth."


ATCG AT COMMUNICATIONS GROUP PLC ORD 1P

As at 14-Jun-2007 19:08:45
44.000 +6.00 +15.79%

Bid Offer Volume High Low Last Close
42.00 46.00 3,904,945 45.63 38.00 44.00 on 14-Jun-2007



B.F.

P.S. Thanks for the SAL tip - I'll look into it.

P.P.S. 19/01/2007 13:52 UKREG Director/PDMR Shareholding LSE:SAL Spaceandpeople

[blindfaith2] 14/6/2007 19:15

Ps – If you want to see a small company going the right way, without much/hardly any press then check out Spaceandpeople (SAL) different market, I know, but these guys are building a business up from virtually nothing, without bells and whistles but growing from strength to strength. News to follow about a new European contract and yes I hold and have done for some time and no I am not ramping. DYOR etc etc but it's encouraging to see that it can be done !

[blindfaith2] 14/6/2007 19:09

BF

Any Directors buying shares in any size once/if they become relisted would of course add confidence but so far their track record is such that there will be virtuously zero confidence in the market unless they have a very convincing story to TEL. That remains to be seen.

[blank frank] 14/6/2007 18:22

It may be that it hasn't been easy to get info. &/or clarification of it from TEL's former Westcom subsidiary, bearing in mind possible personal problems there:-
13/04/2007 15:57 UKREG Disposal LSE:TEL Telephone Maint. Grp
" ... The sale of Westcom resulted from an unexpected change in the personal
circumstances of certain members of Westcom's management team following which
the directors of TMG concluded that the disposal was in the best interests of
TMG and its shareholders. ... "


And the sale of Westcom probably won't have made that any easier.

If so, then it may also have contributed to the delay in the interim results.

In addition, the new Finance Controller, Mark Godfrey, who was appointed in February 2007, is having to pick up the work of Greg Hallett. Taking over the work of someone else before it's completed isn't always straightforward at the best of times, and we don't know what sort of state Greg left the accounting info. in.

But hopefully the accounts are nearly ready. The fact that TEL has left notice of the the latest AGM adjournment until quite late may suggest that it was hopeful until quite recently that it could meet that deadline.

It is a bit trying on the patience, but I am just thankful that TEL's customer service delivery seems to be as good as its accounting performance has been bad.

B.F.

P.S. Nice to see you back again BF2. Incidentally, I'd be interested to hear your views on any future director share buying.

[blindfaith2] 14/6/2007 10:48

Kim, yes it could but it should not take this long, from my feeble knowledge the changes in accounting standards are not that difficult to accommodate and everybody else manages it on time.

[kimboy2] 14/6/2007 09:23

There could be restatements of previous years accounts for a start.

[blindfaith2] 14/6/2007 09:14

Yet another delay !

I just don't get it, this so called problem is a non cash, accounting standards problem ( hm.......) yet it is taking months to sort out and no doubt thousands in fees.

Is TEL anything other than a small maintenance company ? no, so why is it so bloody difficult to grasp the nettle and get it sorted PDQ !

[blank frank] 13/6/2007 18:06

I have today received an AGM Notice from TEL in the post, dated 11th. June 2007 and sent first class.

An AGM is being held on Tuesday 19th. June 2007 at 11.30a.m., at 5 Deansway, Worcester WR1 2JG. There are two resolutions:-

"1. THAT the Annual General Meeting convened by this notice be adjourned and reconvened for a date not later than 19th July 2007 with a minimum of 7 clear days notice given to all Members, directors and auditors of the time, place and matters to be considered at the reconvened Annual General Meeting.

2. THAT until the conclusion of the reconvened Annual General Meeting to be called under resolution 1 above, any and all powers, responsibilities and membership of the board of directors, members and auditors and any other party connected with the Company in any way whatsoever which were due to be altered at the Annual General Meeting shall remain unaltered from its position prior to the commencement of this Annual General Meeting and shall remain so unaltered until the Annual General Meeting is reconvened and concluded, unless otherwise properly changed by the Company."

Presumably TEL wasn't able to meet the deadline to send out the accounts (for the year to 31.7.06) in sufficient time for the next AGM. Hopefully though they will still be announced and sent out imminently, and we won't have to wait nearly another month.

There was no letter accompanying the notice - just a Form of Proxy.

B.F.

P.S. SteMiS - no comment!

[stemis] 13/6/2007 08:37

A certain disregard for shareholders wouldn't you say, BF?

[blank frank] 12/6/2007 19:07

TEL certainly seems to be cutting it very fine.

There are now just three working days left before the apparent AGM deadline of Sunday 17th. June, but still no results, or AGM notification.

Has there been a change of plan? Is the company in takeover talks with a predator? I hope not, if it means that TEL is bought out for less than it is really worth.

After its recent travails, and with its shares still suspended at just 45.5p, it might perhaps go for c. £3 - £4M. (c. 60p - c. 80p per share). Whereas a year and a half from now it might go for c. £10M. (c. £2 per share), depending upon progress.
[The above share prices are approximate, on the basis of 5,041,758 TEL shares in issue.]

B.F.

[blank frank] 06/6/2007 19:17

Excellent 24% NNG rise today - probably a delayed reaction to last week's good news. And on big volume - about one and a half per cent of the company traded.

NNG NEWPORT NETWORKS GROUP PLC ORD 5P

As at 06-Jun-2007 18:40:32
3.875 +0.75 +24.00%

Bid Offer Volume High Low Last Close
3.25 4.25 2,434,797 4.19 3.10 3.88 on 06-Jun-2007





B.F.

[blank frank] 06/6/2007 18:53

Good point SteMiS.

But I don't think that TEL has delisted, as it still has its LSE website page, where it is shown as suspended:-

TEL.MAINTENANCE | Currency GBX
All data delayed by at least 15 minutes

As at 06-Jun-2007 18:20:11
- - -

Special conditions
Suspended



When a company is delisted I believe that it ceases to have a page on the LSE website, e.g. like IDN (taken over by RED earlier this year).

In addition, TEL has made no announcement re. delisting, or sent any mailing to shareholders re. delisting. I can confirm that I have received no mailing from TEL since its letter of 22nd March 2007 with accompanying notice.

In that March communication TEL said the accounts are to be presented at an AGM no later than 17th. June 2007. You would think that they will be announced at least a few days before then, to give time for them to be posted to shareholders. But the company may be cutting it fine, and I could speculate on a few different possible reasons for that:-
- the accounting information was not left in a great state by the previous incumbent, and his replacement isn't finding it that easy to sort out;
- TEL is planning to release the finals (to 31.7.06) and the interims (to 31.1.07) together, and post them to shareholders together;
- TEL is having the reports printed before it announces them.

I expect news of some sort imminently.

B.F.

[jonwig] 05/6/2007 17:09

SteMiS - I'd have supposed holders (esp. those with certificates, as BF and BF2 have, I think) would have been informed.
After all, de-listing ought to carry some obligations to holders of stock.

[stemis] 05/6/2007 16:57

Now 10 months since the end of the financial year and still no accounts. The company will now be being fined by companies house for not filing its accounts.

Its over 4 months since "Corporate Synergy Plc has requested accountants PKF to investigate the position and will decide on its course of action in the light of their report."

Have TEL effectively de-listed?

[papalpower] 01/6/2007 02:39

BF.


LEAD (Leadcom) looking poised for a potential breakout soon, its building up.


Also, ATCG (AT Communications) featured in Shares Mag yesterday, as a buy.

"Someone posted it elsewhere, but here is the commentary from Shares Mag ( )yesterday :


Strong message from AT Communications 31st May 2007

An upbeat AGM statement and a good contract wins mean investors should their ear to the ground for fresh developments at AT Communications (ATCG:AIM).
A first major contract for its SiNet hosted Internet Protocol (IP) telephony
service is a key step forward for the independent provider of fixed and mobile telecom services. FADS has signed up for the service at 60 sites and the decorating firm's headquarters in a three-year deal, which includes voice
telephony and IP-based services, as well as installation and maintenance.
This momentum helps explain why no fewer than eight AT executives snapped up
just over 185,000 shares between them in April, at a cost of £72,150. The plunge came just after the full-year results and a £1.96 million
placing at 37p, aimed at reducing some of the debts built up by last year's quartet of acquisitions.
Last week's AGM statement from non-executive chairman Gerard Spencer and CEO Alex Tupman, who still owns just under 20% of the £28 million cap, also appears to support the directors' buying. Spencer stated trading continues to meet expectations and the shares rose 9% to 43.5p.

Profit taking has since pulled the stock back to 41.5p, a level at which AT Communications still looks very cheap, particularly if Datatec's purchase of communications services distributor Crane for £20.7 million in May is any
guide. According to broker Daniel Stewart, Datatec paid a multiple of 11x Earnings Before Interest Depreciation and Tax (EBITDA), once Crane's
£10 million debt is accounted for. That 11x multiple in turn implies a fair value of 101p per share for AT Communications

■ Shares says: 2006's deals look to be gelling and the stock is cheap. BUY