Tge Marine Share Discussion Threads

[rampmeister] 25/5/2008 15:59

Questor has offered buy rcommendation in ST saying PE is 17 compared to 18 for sector average. Off the back of strong forward order book they expect revenue to increase from 82m. euro to 124m over next 3 years. Profits up to Euro 20m. from current 8m.

My rough calculations show PE dropping to just over 9 in 3 years time - not wildly exciting at the moment but future contract wins could alter this dramatically. In the short term these may have further to drop.

RM

[dibbs] 23/5/2008 21:40

My thoughts exactly, as ever it's all about the timing. It will probably take a nice contract RNS or a brokers note to create some interest once the selling is done.

Dibbs

[rampmeister] 23/5/2008 21:09

Once the weak pre IPO holders have finished selling this could start to get interesting - may have to wait a month or so though.


RM

[leeson31] 23/5/2008 13:55

resistance forming :-)

[celeritas] 23/5/2008 13:52

Any takers yet.
Why on earth would you price them this high. It is all relevant but this must seriously put people off.

[dibbs] 22/5/2008 20:37

Lol,

I'm still trying to figure out support and resistance levels!

[leeson31] 22/5/2008 14:28

nice chart :-)

[dibbs] 21/5/2008 16:21

One lump of 1347 shares on the offer, not normally an amount that seems significant, a bit different at £130 per share!

Looks like this one is not going to fly out of the blocks. Still can't understand why they priced as they did.

Dibbs

[dibbs] 20/5/2008 21:00

Just watched the CNBC interview, sounds interesting. The thing is, the story and future growth sound great, the question is at what price are you buying the good story?

Anyone know anything of forecast profits, PE etc. Too much of a blind punt at the moment for me.

Dibbs

[phillip10] 16/5/2008 19:14

Its the price increase from 1!

[phillip10] 16/5/2008 14:10

WHATS WITH THE PRICE??

[fredhoyle] 15/5/2008 18:50

CFO Roland Fisher interviewed on CNBC TV

[fredhoyle] 15/5/2008 17:18

Today's Times- In The Know
One to watch TGE Marine AG

[dibbs] 15/5/2008 11:10

Me to, always worth keeping an eye on developments.

Dibbs

[stockscreeners] 15/5/2008 10:52

yep your right but that might change going forward.

keeping it on the watch list.

[dibbs] 15/5/2008 10:50

Indeed ,not exactly an aid to liquidity. I Reckon that they want to keep PI's away by pricing at such a level therefore keeping costs down by having only a few big names as shareholders.

Pity really.

Dibbs

[dibbs] 15/5/2008 09:30

Anyone been tempted in then?

[phillip10] 14/5/2008 17:37

From The offer Doc:
TGE will incur a loss of approximately A26 million (on a pro forma unaudited basis) on completion of the MBO Sale
Agreement. This loss is not yet recognised in the audited financial statements or the unaudited interim
financial statements in Part 4 of this document as of 31 December 2007. Please refer to the pro forma
statement of net assets in Part 5 of this document.

[dibbs] 13/5/2008 22:59

Why on earth price at £130 per share?!

[chillax] 13/5/2008 21:24

I am invested in KENZ and looking for a re-entry in HMS. was researching this today. its abit overpriced at the IPO. I dont like businesses that place heavy reliance on a few key customers. If you look at the previous financial records 75% of the turnover came from just 3 customers. Add the risk that there is no guarantee that these customers will continue to deal with TGE in the future. If any of the major customers of TGE fail to deal with TGE its operations and profits will definitely become affected. Will keep an eye on it though

[stegrego] 13/5/2008 19:08

These are going to be placed at £130 pounds a share - yes thats 1 3 0 pounds...!

Very very very odd




Admission doc is in the Investor Relations section.

130 quid ffs! Who do they think they are? Berkshire Hathaway?!?!

I know its all relative but surely going to put most people off.. it certainly has me as i cant get past the price to even bother to properly read the prospectus...

[phillip10] 06/5/2008 11:28

Any idea whose the nominated broker?

[phillip10] 06/5/2008 11:27

some interesting Articles: