Ten Entertainment Share Discussion Threads

[rolo7] 31/5/2017 16:30

breakout? I hold a few here independents operators being taking out off bowling sites plenty of growth to come.

[cabreado] 16/5/2017 13:52

Good story here. It is being kept quiet by those in the know.

[bighairyspider] 28/4/2017 14:58

Hi Joules, I was able to get into it ok -> hxxps://www.tegplc.co.uk/ . That was both using Google & Bing. I was also able to use Bloomberg and got into it that way as well ->

The prospectus is there. Hope this helps.

[runthejoules] 28/4/2017 08:17

Hi Spider, yeah I can't find the ipo prospectus cos I can't get on their website - it says 'The website tried to negotiate an inadequate level of security.' Don't have a link elsewhere do you? Google gets harder and harder to negotiate as the stock price goes up...

[bighairyspider] 27/4/2017 23:34

So was I, possibly from the same source as you as well ;)

[runthejoules] 27/4/2017 17:18

Hello, I was looking for Ten Entertainment Group, but found this sorry tale... :0(

[spaceparallax] 23/12/2014 11:59

Very sad that such a relevant eco-friendly business of the future has been sunk by the chicanery of the GMA project.

[bam bam rubble] 19/12/2014 20:55

June 2010: TEG, the cutting edge technology company is pleased to report it has
bought Simpro Ltd from Sid Lambert and Dave Tipton for £6 million (80% in cash).

Dec 2014: TEG has appointed an administrator to effect a disposal of Simpro Ltd
which has now been transferred to a French major for £1 and assumption of costs.
Sid and Dave must be happy with their exits.

[giant steps] 19/12/2014 18:33

Shame, years ago it all sounded so promising
- disgraceful outcome for shareholders imo.

[21trader] 19/12/2014 16:28

How come total dogs with abysmal balance sheets can place stock but this one
could not.

Are you telling me vendors could not push through a 0.5p placing ?

Is this where assets are purchased for a song from the receivers ?

[the stigologist] 19/12/2014 16:26

nice timing

in time for christmas

[mrshaungcm] 28/10/2014 19:50

stemis good call

[cerrito] 28/10/2014 19:02

Still have a few left and would have sold everything if I had read earlier the following from Costain's interims
Quote
The Natural Resources division saw a return to profit from operations excluding the impact of a provision taken to complete the legacy Greater Manchester Waste PFI contract awarded in 2007.
Unquote

[madengland] 28/10/2014 14:16

It's all too easy to get shafted on aim. Sorry to see this happen to holders, hope some of your other investments make up any losses. All the best

[boonkoh] 28/10/2014 10:34

End of the road I think. No cash, unquantifiable liability regarding the Manchester project. Absolute shambles of a management.

[boonkoh] 27/10/2014 15:57

Doesn't look good! Trading on AIM suspended until more financial clarity released. Most likely a prepacked administration as there is still some value from the current assets.....

[madengland] 15/10/2014 12:09

Hope it does not involve de listing! Beware. I sold out Teg after last rights situ have list a few thousand. This looks vulnerable, and having been stung by a delist of fbg years ago, this looks ominous. You are better off with 1.5p than nowt. Maybe the change of strategy will work but not sure mgt looks trustworthy anymore.

[qut] 02/10/2014 07:14

PG doesn't appear to have been heading for the exits here, so I presume he has some kind of game plan

[spaceparallax] 01/10/2014 22:14

Let's hope you are wrong - that said, I groan every time PG gets involved.

[spaceparallax] 01/10/2014 08:32

as we all know MCap and actual value seldom equate.

[cerrito] 30/9/2014 21:20

Looking for some good points.
Almost breakeven on an operating cash flow basis; my spirits lifted when I saw the P & L of the Plant Operations for H1 2014 which was very good but only because there was a positive item of £1058K for negative good will. The gross profit was £1360K compared to £1715k in H2 2013. The negative goodwill arose from the Hillmartin acquisition.
The going concern statement was a killer, even allowing for the fact that they have to worse case it and the following suggests that the progress they have made has been modest indeed
Quote
Whilst the company has made progress in relation to the Manchester contracts, the directors consider that the outlook presents significant challenges in terms of resolving the outstanding issues and securing the retentions in the near future.
Unquote
Interesting that mar cap at 2.5p is £4.7m and book net assets are £18.4m and you can make of that what you will…too bad or the interims do not require them to revalue their goodwill or indeed the carrying value of their receivables.