Telspec Share Discussion Threads

[peter_piper] 18/12/2006 10:56

I really wish you could speak english, maybee then I could reply properly to your comments. Why don't you just ask them? Please, send an email to [e-mail] and ask, that's all I'm asking you to do - but be warned, this will destroy your faith in the 'all knowing' Tom from Tipes, proving that the man that is 'neaver' wrong, is infact, wrong! Please, just do this so we can sort it out once and for all and you can stop feeding people the wrong info. Lots of love, and a Merry Christmas, from 'c*nt boy'! - and please translate what you mean by 'yed', I've looked it up in the ENGLISH dictionary, and it doesn't seem to be there. 4x2=8!

[peter_piper] 16/12/2006 00:56

If you don't believe me (which you obviously don't!), give them a ring or email them and find out for yourself once and for all - I did!

EFG Trust Company Limited
PO. Box 641,
No 1 Seaton Place,
St Helier,
Jersey JE4 8YJ
Tel: [phone]
Fax: [phone]
[e-mail]

Go on, prove me wrong...

[made1686] 16/12/2006 00:49

peter pipsquik you are wrong go to t1pes .com if i am wrong i pay the cost to join t1pes can not say fair er than that TSP 40%%%% OWNED BY BERKSHIRE HATHAWAY COMPANY

[peter_piper] 15/12/2006 15:08

F.Y.I. I've been doing a bit of digging and found out (for definate) that Faraday Holdings Limited is wholly owned by EFG Trust Company Limited as Trustee of a Jersey Discretionary Trust. Faraday is not incorporated in the UK, and it has no connection whatsoever with Berkshire Hathaway Inc. Stuff that up your A*se made1686!

[pentland] 15/12/2006 11:42

Made Thanks you proved avery accurate commentater on cey.I hope a bid comes in february and is rejected....

[made1686] 11/12/2006 14:37

yes with w buffwt and pg they control TSP

[pentland] 11/12/2006 13:26

Thanks for the Contributions Mr Gyllenhammar is clearly a key player here.
That was why i was keen to establish who he represents.

[pentland] 11/12/2006 13:25

Thanks for the Contributions Mr Gyllenhammar is clearly a key player here.
That was why i was keen to establish who he represents.

[peter_piper] 08/12/2006 09:41

ATLANTIC53, Ignore that last post by made1686, Buffet has nothing to do with Telspec. The guy you are asking about is Mr Peter Gyllenhammar who owns 4,535,000 shares (11.2%)

[made1686] 07/12/2006 14:54

W BUFFET AND PEATER G SOME ONE

[atlantic53] 06/12/2006 20:01

Who is the guy who has now aquired a substantial interest in the Company.

[purple] 05/12/2006 15:10

Let me know your thoughts on the following:

Chemistry Communications is a marketing communications group that specialises in Customer Relationship Management (CRM). They were floated on Ofex in January 2001 at 46p but have since gone some what unnoticed. The group has completed three acquisitions in the last couple of years in the areas of digital, events management and PR. These acquisitions have transformed the group and have lead to a surge in profits. The group has been profitable for the past three years producing an operating profit of £544k (2004), £577k (2005) and has stated in a trading statement that operating profit in 2006 will exceed £1.3 million. This means EPS for the year to November 2006, will be around 3p therefore giving a PE of only 4.5, compared to a sector average of 11.5. Next year EPS could increase to over 4p, thereby putting the shares on a forward multiple of under 3.5.

It is a company I would recommend looking at further, before it is noticed by the city.

[made1686] 05/12/2006 15:08

this one i hope big deals come ing

[monster500] 04/12/2006 08:31

which xmas

[made1686] 03/12/2006 12:03

this be 15p by xmas

[made1686] 03/12/2006 12:02

i can not see why tsp can not be run from oz as they sub all they work out

[howdlep] 01/12/2006 14:35

Looks like the Melbourne offices will be converted to a hotel ready for The Barmy Army. Unfortunately, there will be no trumpet call.

[howdlep] 01/12/2006 14:33

Telspec PLC
01 December 2006

1 December 2006

Telspec plc

Further update




Further to the announcement released on 11 October 2006 (the 'Announcement'),
the Board of Telspec plc ('Telspec' or the 'Company' and together with its
subsidiaries the 'Group') today provides the following update on progress made
since the Announcement and, in particular on the results of the strategic review
initiated following the appointment of Shiv Rakkar as Chief Executive.

The strategic review has now been largely completed. As a result the Board has
implemented additional cost saving measures, particularly by way of further
redundancies. The salaries and associated costs in the UK have been further
reduced since the Announcement by 32 per cent. Further reductions in overheads
will occur following the sale of the Company's Rochester premises.

The Group has negotiated accelerated payment terms from customers under two of
its contracts and is in the process of re-negotiating a further contract, which
has been referred to in previous announcements, with a value of approximately
US$4.0 million in order to accelerate the equipment deliveries from three
deliveries over an 18 month period to a single delivery which is expected to be
6 months' after finalisation of the negotiations.

As at 30 November 2006 (and after making payments of £174,000 for redundancies)
the Group's cash balances were approximately £3.56 million in aggregate which
represents an improvement on the cash position of £3.25 million announced on 11
October 2006.

The Group's commitments under bonds relating to the supply of products to
customers have been reduced from a total of £0.8 million as at 6 October 2006 to
approximately £0.4 million as at 24 November 2006.

The Company has accepted in principle an offer of £1.685 million in cash for its
Rochester premises, subject to certain third party consents relating to the use
of the premises which will now be sought. The sale is also subject to
shareholders' approval and a circular will accordingly be despatched as soon as
practicable following the exchange of contracts.

The significant liabilities of the long lease of its premises in Melbourne,
Australia mean that this is likely to remain a significant drain on the
Company's cash resources. However, the Board intends shortly to commence
discussions with the landlord of these premises as to the most appropriate way
forward.

Given the current size of the Group, the extent of its liabilities and the
urgent need to contain costs, the Board has decided not to appoint a replacement
at present for Mr. Soukup who resigned as Chairman on 23 October 2006. Instead,
the Board has appointed Shiv Rakkar as Executive Chairman with immediate effect.
To compensate for the fact that this arrangement does not comply with the best
practices of Corporate Governance, the Board will conduct more frequent
consultations with its auditors and its financial and legal advisers. Terms have
been agreed with Shiv Rakkar and Fred White, Finance Director, for their
employment by the Company. Mr Rakkar will receive total remuneration of
£125,000 per annum (inclusive of car allowance, medical insurance and pension
contribution) and Mr White will receive a total of £85,000 per annum (inclusive
of car allowance, medical insurance and pension contribution).They have both
agreed to a notice period of three months.

The strategic review of the Company is continuing and further updates will be
provided as appropriate.





Contact: Shiv Rakkar, Executive Chairman [phone]








This information is provided by RNS
The company news service from the London Stock Exchange

[howdlep] 01/12/2006 13:45

Perhaps our prayers have been answered. Now that costs have been drastically reduced, maybe value will be realised. Certainly the premises sale and news of pending contracts will attract the interest of value investors.

[peter_piper] 28/11/2006 16:32

They've sold the building for around £1.7m. It's going to be a Sikh Temple!

[superbigal] 28/11/2006 15:07

Re your massive Indian deal. I can get Popadoms, 2 Chicken Bhunas, Rice and a Nan for £11.99 at the local Carry Out.