Telspec Share Discussion Threads

[made1686] 23/2/2006 11:36

got to be a tick up soon as they is all this big buying news in march

[made1686] 22/2/2006 21:57

i have been told 40p now

[howdlep] 22/2/2006 15:38

100k buy at a premium gone through. Someone thinks they will not have to wait long before management completes the company sale.
TW was saying 30p value when the share price was 18.5p. Now I do not think that will be the case, but somewhere around 20p will do fine, given the cash on the balance sheet

[made1686] 21/2/2006 13:32

tic up soon big buys going though

[made1686] 20/2/2006 23:32

thay have not spent that much i hear the working with very littel cash burn

[bluelynx] 20/2/2006 15:57

Superbigal

Thanks for you advice over the recent months, I must say the fact that no buyer has materialized for TSP over the last few months really must be very bad for shareholders, if the business was worth anything I'm sure a bid would have been made a long time ago. Personally I wouldn't buy shares in TSP even at the current price, because of the reasons you stated above. I hope for the current holders that I'm proved wrong and a bid is made at about the 20-30p range.

[superbigal] 20/2/2006 15:46

The cash in bank is going to take a major hit due to material bought for forecast orders that have never happened. Therefore be careful with assumptions that cash in bank > Value of all shares at 10.5P each.
In theory this may look impossible to lose money on buying at these levels but the cash is dwindling quicker than you may think.
My spys think it may well wind up before the end of May without a buyer.
Any stock left will be worth 0-5% of its purchased value so as much as £2,000,000 could be wiped of the alleged cash reserves.

[howdlep] 20/2/2006 08:31

We are finding clear support here, as we await news of the sale of the business. Given the cash on the balance sheet, I am staggered there were one or two still selling last week. This is as as close to a cert that you will ever get.

[spcecks] 17/2/2006 16:56

made1686 agree a win win situation.

[made1686] 17/2/2006 16:33

did we buy the day before at 10,25 yes we did cleaver old me 4.5m cash 10m turnover value 30p if sold win win no brain,,er

[gazza12] 15/2/2006 12:01

Too many newcomers on that board moaning that the price hasn't moved for 2 mins. Been holding cey for 2.5 years and will be happy at anything above 40p. I'm lucky with tsp - only bought at 16 with an average of 13.3p so still chance to get out quits or better. A major imo would bid early when the full extent of Sukari isn't known. There would be no value in it for them to wait till the whole hill has been dug up.

[pentland] 15/2/2006 11:39

Gazza i bought telspec at 25 p (silly me) so i hope life support works.
A bid at 50 to 55 is a fantasic return as i would be well pleased with that.
I wonder what is best for a major wait till the mine is built or strike early time will tell..

The cey thread used to be one of the best on the board but of late many newcomers are of the this baby will double by friday variety...

[gazza12] 15/2/2006 11:31

Pentland totally agree(apart from tsp being dead, maybe life support but not dead). We do not want a bid at the moment although i still think 20mill ounces is cloud cuckoo land. If there is a chance that 20mill is possible i would expect a bid long before it got that far. Still fully expect to see a bid within next 6 months. Originally i thought a 40p bid but more likely to be 50-55. Time will tell.

[pentland] 15/2/2006 11:10

Gentlemen normally talking about another stock is bad form but telspec is dead.
As for cey mades forcasts have been accurate.I Purchased 2 years ago and have just held.Interestingly people who have tried be clever by nipping in and out have done less well.

Do you agree that we dont really want a bid now as the real value is probably around 2 years away when more of the hill has been explored,If 4.5 million ounces has been confirmed from 20% of the hill being looked at then 20 million is not unrealistic...

[gazza12] 15/2/2006 09:29

Made, no chance with cey £1. Originally i bought with 35p in mind, now i'm looking at getting out around 55p, unless of course gold hits 1000usd and/or cey have 20mill ounces.

[gazza12] 15/2/2006 09:08

Atlantic, i hope so - i see someone else has bought 54k, as mad as me!!!!!!!

[made1686] 15/2/2006 08:22

i got cey too 8p and 15p

[atlantic53] 15/2/2006 08:13

O KAY Gazza i to am a long time holder in cey i hope you are right on tsp

[gazza12] 15/2/2006 08:01

Yep Pentland have 250k of cey at 11.5 average. With tsp i just think that all sellers have gone and it would take only a small piece of news to push this to 15p. I might well be proved wrong but feel that this is very close to bottom. It's a gamble but a worthwhile one in my opinion.
Very happy with cey , still expect to see 40p by end of March.

[pentland] 14/2/2006 16:58

Gazza i think you are on the cey thread.
What is the basis of your optimism ??
The chart looks dire, the fundamnetals look dire.
I hope you are right a si still hold....

[gazza12] 14/2/2006 16:15

Thank you made.We'll see.

[made1686] 14/2/2006 15:49

fool it,, ss going down parst 9p i am very positive of thay all sells its had a for sell up for three mounths still no takers burns a m £££££££££££££ pounds a year this is a sell