TEP Exchange Share Discussion Threads

[andrbea] 15/11/2010 15:09

can't understand the -30%
4 x 250k = 1m per year in revenues for a 0.6m mkt cap?

[bobs good eye] 15/11/2010 09:27

Grabbed that 250k that was on offer @ .0016p. Will look for further opportunities. Might have to pick up the phone but I'm extremely lazy.

[andrbea] 15/11/2010 09:03

possibility of 10-year contract at tep exchange (TEX)

illiquid share, mkt cap less than £ 0.86m

new quarterly fee of 230000 + 20000 = 250000 pounds.

[andrbea] 15/11/2010 08:58

StockMarketWire.com - TEP Exchange Group has agreed a licensing deal for its electronic platform with 48.26% shareholder SL Investment Management.

TEP will receive a quarterly fee of £20,000 and SL has been granted exclusive rights to develop and modify the electronic platform to put additional financial products on to for a quarterly fee of £230,000.

The agreement is for a period of 10 years but SL may terminate it on 30 April every year from 2011 on giving 30 days' prior written notice to TEP if the income generated by SL from the licence in the preceding 12 months is less than £250,000.

[andrbea] 15/11/2010 08:18

from -44% (pre-market) to flat

shows how illiquid it is :-)

hope the herd arrives here, it would be fun!!

they have a revenue projection at long last, for a company with a tiny mkt cap
deserves a big re-rating IMO

maybe they can sell the platform to other customers too in 2011.

[comedy] 12/11/2010 18:30

lol bob good eye think almost 6 years in aim and i might actually retire this time if all the companys hit off to a good white GOLDEN christmas..:)

[bobs good eye] 12/11/2010 16:46

comedy - you seem to be on every thread I visit. Do you never rest?

Looks positive here if SL are going to develop the platform and add the other products. I see that TEX have a loan with SL for £450k. Does this end with SL buying the rest of the TEX shares?

[comedy] 12/11/2010 16:36

well took 1 mill at 0.25p

[andrbea] 12/11/2010 15:57

rns was at 14.40h, then these trades:

15:04:49 0.185p 1,000,000 £1,850 0.17p 0.2p ? O
15:04:18 0.18p 1,000,000 £1,800 0.16p 0.2p ? O
15:03:22 0.175p 1,000,000 £1,750 0.15p 0.2p ? O

[andrbea] 12/11/2010 15:55

strange to have a share with good news out... still on a tight spread
what a buying opportunity!

and it's illiquid too....

see post from Jan 2010:

pycinvestor

Check out (TEX) currently at a year low, and the two sell trades are buys. Perfect buying opportunity here to make a very handsome short term profit in my honest opinion. Reason being is that the stock is liquid so a very small amount of trades can really help lift this, that's what I have been observing over the last few months. Perfect opportunity to make some serious profit, and quickly. Dyor, but worth a little dabble in my opinion.

[andrbea] 12/11/2010 15:46

I agree

such a small Mkt Cap (less than 1m) compared to today's news

possibility of a 10-year tie-up

Licence Agreements

TEP is pleased to announce that it has today entered into a non-exclusive
licence agreement with SL Investment Management Limited ("SL"), a 48.26 per
cent. shareholder in the Company, to licence its electronic platform and all
technology to SL. In consideration for this arrangement, the Company will
receive a quarterly fee of £20,000. In addition, SL has been granted exclusive
rights to develop and modify the electronic platform for a quarterly fee of £
230,000 ("the Licence Agreement") to enable SL to put additional financial
products on to the platform.

The Licence Agreement is for a period of 10 years, however, SL may terminate
the agreement on 30 April 2011 and every subsequent 30 April during the life of
the contract on giving 30 days' prior written notice to TEP in the event that
the income generated by SL from the licence in the preceding 12 months is less
than £250,000.

In addition, TEP Limited (the trading subsidiary of TEP) has entered into a 12
month non-exclusive licence with SL ("the Sub-Licence") to utilise the
electronic platform for a quarterly fee of £25,000. The Sub-Licence can be
renewed annually at the sole discretion of SL. The Sub-Licence provides TEP
Limited with access to any developments or modifications made by SL to the
electronic platform for traded endowment policies

[bobs good eye] 12/11/2010 15:09

Not expecting a massive response here but am I reading that right? Net £225,000 income per quarter under this agreement and market cap around £700k?

[crumppot] 29/8/2006 18:25

anybody have any news about this one?

[k38] 08/2/2006 16:24

Tep Exchange Group Plc Directorate Change
For immediate release

31 January, 2006

TEP EXCHANGE GROUP PLC

("TEP" or "the Company")

Directorate Change

TEP announces that Paul Sands, currently a non-executive director of TEP, was
appointed managing director of the Company on 27 January 2005.

Mr. Sands has replaced Abraham (Ami) Weitz, who has relinquished his executive
duties to pursue other business interests, but will remain a non-executive
director of the Company. The board would like to thank him for his efforts as
an executive director.

Paul Sands is also chief executive of the holding company of Surrenda-link
Limited, which holds 44.83 per cent. of the TEP share capital and provides the
operational management of the Company, under an outsourcing agreement approved
by shareholders in January 2003 and which has been extended until December
2007.

[crumppot] 28/4/2004 13:08

This company has a very poor trading record and I see no sign of improvement. the last turnover figure was down it has a negative balance sheet and has never made a profit.
Are there any good signs?

[nissi beach] 13/2/2004 16:18

TEP exchange provides a way of matching up those people who want to sell rather than surrender endowment policies



I for one would not want to sell/surrender to a life company whose performance is poor or misled me

the more people who use the service the better for TEX

It is a major player in a market that could be worth ££££

Again a risky one but thought I would mention it so others can give there views and DYOR

[nissi beach] 13/2/2004 16:09

All these poor endowment holders who are suffering and can't pay there mortgages. Government regulations mean life companies have to provide alternatives.

TEP exchange provides a way of matching up those people who want to sell rather than surrender

I for one would not want to sell/surrender to a life company whose performance is poor or misled me

Again a risky one but thought I would mention it so we can all take a view

[opthalmist] 13/2/2004 15:51

Take a look at AVT lads, just mentioned it on the Launch Pad.

[wole] 13/2/2004 15:49

Nissi m8, what's the attraction here (apart from low valuation & tight holdings)?

[nissi beach] 13/2/2004 14:05

when will next results be march? 78% held by a few people

[diogenesj] 17/10/2003 09:09

Marked up 11% this morning on a tip in the Chronic Investor. Ludicrous really: they should not be tipping £9m companies. Only effect is to make money for the market makers (and perhaps the tipster).

[diogenesj] 11/9/2003 23:24

And as I was about to point out, still looks good value to me. :-)

[aixam] 11/9/2003 01:51

BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...

GX NETWORKS,FORMELY KNOWN AS ZIPCOM HAVE BOUGHT COMPANIES WHO HAVE SPENT IN EXCESS OF £150MILLION ON DEVELOPMENT,ALL AT COSTS OF LESS THAN £15 MILLION....

RESULTS OUT SOON, THIS BABY IS A BUY...WILL HIT £1..


CHECKOUT THE B.BOARD EPIC....GXN...ALL INFO ON THERE...HAPPY HUNTING GUYS..

[aixam] 11/9/2003 01:51

BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...BUY...

GX NETWORKS,FORMELY KNOWN AS ZIPCOM HAVE BOUGHT COMPANIES WHO HAVE SPENT IN EXCESS OF £150MILLION ON DEVELOPMENT,ALL AT COSTS OF LESS THAN £15 MILLION....

RESULTS OUT SOON, THIS BABY IS A BUY...WILL HIT £1..


CHECKOUT THE B.BOARD EPIC....GXN...ALL INFO ON THERE...HAPPY HUNTING GUYS..