Tekmar Share Discussion Threads

[supreme mo] 06/8/2008 07:43

what you think guys??

[woodie3] 06/8/2008 07:15

RNS Number : 7231A
TG21 Plc
06 August 2008



6 August 2008





TG21 plc ('TG21', 'the Company' or 'the Group')




Interim Results for the six months ended 30 June 2008







TG21, the vehicle installation service provider supplying public transport CCTV and other monitoring systems, today announces its unaudited interim figures for the six months to 30 June 2008. Over the last few years the Group has moved successfully to reposition itself away from being a distributor of in-car entertainment and security systems to become a vehicle installation service provider with its subsidiary, 21st Century, supplying public transport CCTV and other monitoring systems.




Group Highlights

Group revenue from continuing operations of £6m (2007: £8.2m);

Loss of £26,000 (2007: profit of £0.5m) following the business reorganisation;
Net debt position reduced significantly to £0.4m (30 June 2007: £3.0m).



21st Century Highlights

21st Century revenue up 27% at £3.4m (H1 2007: £2.7m), including first sales of EcoManager;
Pipeline orders for 1,000 EcoManager systems and potential to roll out across Arriva's UK bus fleet;

EcoManager also to be trialed in mainland Europe by Arriva;

New CCTV business win with Go-Ahead.







Commenting on the results, Peter Ward, Chairman of TG21, said:

'The first half of the year has undoubtedly been challenging, however our strategy of exiting mature and declining markets and reducing net debt means that we are well placed to deal with the challenges we face and exploit opportunities going forward.




'We are particularly excited by the prospects for EcoManager which is aimed at reducing fuel costs for bus operators and other fleet managers. EcoManager has received excellent results from recently completed trials. In the current economic climate with the spiraling cost of crude oil the launch of this product, which is the culmination of two years' development and testing, is very timely.




'Current trading is in line with expectations.'

[nod] 31/7/2008 22:28

supreme mo - I think it's been the small shareholders selling over the last year. The list of shareholders in the thread header showed 35% were held in nominee accounts holding more than 3% each. There would have been many other nominee accounts under the 3%. Today there are no nominee accounts over 3%.
Over the year PG has picked up 10% of these shares.
PG and Frodsham are now the only shareholders with more than 3%

[gogoneko] 31/7/2008 21:47

The board should be grateful for PG that he is providing the support to the share price that they lack the ability to create. In fact it's almost a battle between the two - the board are trying their best to reduce the market value of TG21 but PG isn't prepared to accept it!

I doubt at this point though that other private investors are willing to take his buying as a cue to pick up some more themselves, it's best just to leave him to it and good luck to him.

[supreme mo] 31/7/2008 20:11

makes you wonder who is selling doesn't it??!!

[woodie3] 31/7/2008 09:29

looks like he is buying again,what is annoying how the price drops to fill his order then rises once it has been filled,there again if he was not buying it would be down to 2-3p.

[nod] 31/7/2008 03:26

The Gylly RNS says the threshold being reported was crossed on the 24-07
That may have been the little flurry of transactions between the 21st and 24th

The trades reported on the 30th may be additional. Gylly should report when each percent is crossed. 1% of shares in issue is 810k shares.

The report has him holding 21.3% so another 0.7% and he would report crossing the 22% threshold.
0.7% is 567k shares
somebody bought 500k on the 30th

[supreme mo] 30/7/2008 20:49

did you see the volume today?? - I wonder who sold 900k at 4p!! 2 x buys at 4.75p - wonder if it is pg that has hoovered up the stock??

[nod] 30/7/2008 08:18

It looks as though Gylly bought his first 6% off Goldman Sachs in October 2006. GS would have paid 11 to 12p for these. It's not clear whether Goldman Sachs was originally buying for Gylly or whether he bought the shares off GS when they wanted to bail out after the fall to 6p

Gylly has bought often since at around the 5p or a bit lower if he can. This indicates what price Gylly thinks is good value, and this buy indicates he's a stubborn man given that markets generally and TGP specifically are much less bullish than 18 months ago when he was buying at around the same price.

To me there are a lot more obvious winners out there, but Gylly is much richer than me so WDIK

[woodie3] 30/7/2008 06:21

he has still got faith in the company,looking from the outside i would not buy at this price,when the results are released there should be more downside if the results dont look good which looks on the cards.
i had a buying price of 4p but not sure if i would buy at that price now,as there are so many cheap stocks in the market at the moment.

[bearable] 30/7/2008 05:41

Whats the hammar up to?

[woodie3] 29/7/2008 15:53

RNS Number : 0994A
TG21 Plc
29 July 2008







TG21 plc




('TG21' or 'the Company')




Holdings in Company




TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES




1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):

TG21 plc




2. Reason for the notification:




An acquisition or disposal of voting rights:







3. Full name of person(s) subject to the notification obligation (iii):

Peter Gyllenhammar







4. Full name of shareholder(s) (if different from 3.) (iv):

Bronsstadet AB

Union Discount Company of London Ltd




5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

24-07-08




6. Date on which issuer notified:

28-07-08







7. Threshold(s) that is/are crossed or reached:

21%




8. Notified details:

.................







A: Voting rights attached to shares




Class/type of shares if possible using the ISIN CODE
Situation previous to the Triggering transaction (vi)


GB0008866310

Number of shares
17,150,344

Number of voting Rights (viii)
17,150,344
















Resulting situation after the triggering transaction (vii)




Class/type of shares if possible using the ISIN CODE
Number of shares

Number of voting rights (ix)

% of voting rights








Direct (x)


Indirect (xi)


Direct


Indirect



GB0008866310
17,363,344
17,363,344


21.3%







B: Financial Instruments

Resulting situation after the triggering transaction (xii)




Type of financial instrument


Expiration Date (xiii)




Exercise/Conversion Period/ Date (xiv)



Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights























Total (A+B)

Number of voting rights


% of voting rights



17,363,344
21.3%





9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

Peter Gyllenhammar is the 100% owner of the following companies owning the shares in TG21 plc:




Bronsstadet AB - 5,725,000

Union Discount Company of London plc - 11,638,344







Proxy Voting:




10. Name of the proxy holder:

.................




11. Number of voting rights proxy holder will cease to hold:

.................




12. Date on which proxy holder will cease to hold voting rights:

.................

13. Additional information:

.................







14. Contact name:

Peter Gyllenhammar

[qut] 11/7/2008 17:48

Let's all come back in 2 years then! Where's Rivaldo?

[nod] 11/7/2008 13:21

qut - yes.

but there's no hurry. i think they will be down at this level for a couple of years now.

[loverat] 10/7/2008 21:50

Bearable

Never trust a woman to do a man's job..

[qut] 10/7/2008 21:44

Thanks for what? Nod is either a blatant ramper or blatant deramper. What's your interest here Nod now you've sold out - looking to get in at a lower price?

[tanelorn] 04/7/2008 10:45

Thank you Nod.

[tanelorn] 02/7/2008 15:43

Looks like Gyllenhammer (imo)is still buying. Anyone know how much tgp's property is worth?

[nod] 30/6/2008 01:08

The share price is currently near 5 year lows and in 2003 it went below 3p. I can see 3p happening again.

I would guess that this bear market has a long way to run yet - possibly another year or two.

It's hard to see where any good news is going to come from for TGP. The legacy business tends to suffer during recessions. Century 21 is too small to fill the gap. We saw last year how C21 was impacted when the bus companies stopped spending for a while.

[bearable] 29/6/2008 03:29

F### S###/
last Dec i asked my daughter to sell these.I had to transfer them to her name.SHE STILL HASNT DONE IT.You can imagine how i feel.

[qut] 22/6/2008 16:28

To be honest, I always thought that the black boxes are a much more viable product in commercial vehicles, so not surprised that NU has withdrawn them. I wouldn't have one fitted even if it saved me money due to invasion of privacy. However, you can't really fault TG21 management if large insurance companies were knocking at their door to have them fitted.

Remains to be seen how the company fairs now. Will trading meander along or have they got some pleasant surprises up their sleeve and what will Gyllenhammer do? I thought the share price would have taken much more of a hammering than it did on the news, so maybe not all's bad.

Where's that Brazilian guy - Ronaldinho, Rivaldo, whatever his name is?

[gogoneko] 21/6/2008 10:31

I agree that there are far worse stocks to be in, but there are now fewer reasons to hold TG21 considering the next set of results won't be sparkling, there'll be no bumper PAYG "golden hello" any time soon, and the management have once again failed to deliver - underestimating twice on the downside (PAYG and audio) is poor. What good or bad lies around the next corner though nobody knows.

I think that PAYG was more than an extra string in its bow, it could have radically transformed the company had it been successful (actually it may revive itself, so it can't be written off yet). So now TG21 has just two products which it depends on, Eco and CCTV, and it may be increasingly difficult to prevent competition arriving to eat into margins so it was good news to read the company is to invest more in them. I'm not a holder either, but fingers crossed that things don't get worse.

[dumbarton2] 21/6/2008 09:51

PAYG was an extra string to its bow though the NU trial was withdrawn the company still have other products ready to start marketing. Particualarly the eco products. The co still has good assets compared to its share price so any downside is limited.

The PAYD was a gamble and the company will be disapointed but all is not lost. The ccctv is still highly profitable and its a very good product. Dont hold myself just giving my opinion. I sold at about 7.3p having second guessed PG had stopped buying.

Holders could be worse off holding builders, banks, retailers etc.

Some builders stock dropped over 90% and banks probably down on average 70%.

In the meantime TFC uisd going towards its lows again.

The other possibility is the company could be a takeover target.