Tekmar Share Discussion Threads

[imperial3] 16/8/2019 10:59

Fair comment.We may learn more from the AGM.

[thomshrike] 16/8/2019 10:53

Berenberg has been managing a block seller for the last few days. Probably just market driven: market is down, oil&gas sector is weakening, small&midcaps underperforming. There have been some reports about possible delays for project approvals in the US. All in all the stock looks very attractive to me.

[imperial3] 16/8/2019 09:52

In spite of the positive news recently of contract wins,the share price has been weakening.Puzzling.

[thomshrike] 15/8/2019 09:36

Thanks. Because the client is TechnipFMC, it is fair to assume that the contract is relevant both in terms of size and reputation for Subsea Innovations. It is another data point that indicates that Tekmar is being successful at extending their competences into the adjacent business of oil&gas.

[imperial3] 15/8/2019 09:23

Again,it does not say how much it is worth.

[jonwig] 15/8/2019 08:58

Subsea Innovation announces contract win in Norway with TechnipFMC -



Lots going on, then!

[thomshrike] 13/8/2019 14:32

It's still more than 1% of annual revenues. And more relevant for being in Taiwan.

[jonwig] 13/8/2019 14:25

@ imperial - 20 turbines, Hornsea 2 is 165. So not much, I guess. But footholds are a help!

[imperial3] 13/8/2019 14:12

It does not say how much it is worth.

[jonwig] 13/8/2019 12:57

Tekmar selected for Formosa 1 Phase 2:



Although it's clearly another impressive win, I wonder how China will view a company which works with the Taiwanese? (TFK Kable is Polish.)

[thomshrike] 08/8/2019 17:00

Thank you jonwig!

[jonwig] 08/8/2019 10:27

Subsea Innovation delivers new Launch and Recovery Systems to global clients:

[jonwig] 08/8/2019 07:12

Ørsted's H1 results. Includes:

We were selected as preferred bidder in the auctions in both New Jersey with our Ocean Wind project (1.1GW) and New York with the Sunrise Wind project (880MW) which we own in a JV with Eversource. Subject to final investment decisions, the wind farms are expected to be completed by 2024. We are very pleased with these awards and are well on track to reach our ambition of 15GW offshore wind capacity by 2025 as we continue to pioneer the global offshore wind industry.

[rambutan2] 02/8/2019 21:25

Win is for 346 cable protection systems for...

[thomshrike] 02/8/2019 12:48

The company says that it was expected, so that guidance in unchanged, but I would add that this is a significant positive in terms of de-risking the backlog.
The company also makes an interesting point that AgileTek and Ryder participated in other parts of the project, supporting their claim that it can more market share across the value chain. Especially relevant because it means that these businesses can also access large-sized contracts.
Always nice to see such a nice share price performance in such a bad market day.

[jonwig] 02/8/2019 11:35

Yes, a single contract of £5m against FY 2019 turnover of £28m.

Conceivably could add £1m to after-tax profit.

[imperial3] 02/8/2019 11:21

£5 million contract win encouraging news.

[dplewis1] 02/8/2019 11:09

Seems like decent news here?

[jonwig] 20/7/2019 09:58

I thought it might be worth looking at this share price chart (not hard to guess the company):

[jonwig] 19/7/2019 05:49

Thanks ram. As mentioned in #136, US has huge renewables potential. Trump's 'beaootiful coal' is an irrelevance.

[rambutan2] 19/7/2019 01:15

Potential sales:

[thomshrike] 17/7/2019 10:15

That's too far for me, so I look forward to read your thoughts!

[jonwig] 17/7/2019 10:10

That'll be two shareholders, then, and twenty men in suits!

[mwainw1973] 17/7/2019 09:46

Ten minutes for me in fact I can see their offices from my workplace

[jonwig] 17/7/2019 09:22

Annual Report:



AGM: 21 August at their HQ. About 90 minutes drive for me, so I'll try to get there.