Share Name Share Symbol Market Type Share ISIN Share Description
Thinksmart Limited LSE:TSL London Ordinary Share AU000XINEAE8 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  5.00 13.7% 41.50 760,080 14:45:31
Bid Price Offer Price High Price Low Price Open Price
40.00 43.00 41.50 36.50 36.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 8.14 0.53 8.21 5.1 44
Last Trade Time Trade Type Trade Size Trade Price Currency
17:08:10 O 40,000 42.34 GBX

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Date Time Title Posts
09/5/201915:24The Official Tissue Science discussion thread!137
13/3/201912:54Time To Thinksmart113

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Thinksmart Daily Update: Thinksmart Limited is listed in the Mobile Telecommunications sector of the London Stock Exchange with ticker TSL. The last closing price for Thinksmart was 36.50p.
Thinksmart Limited has a 4 week average price of 23p and a 12 week average price of 18p.
The 1 year high share price is 41.50p while the 1 year low share price is currently 8p.
There are currently 105,478,744 shares in issue and the average daily traded volume is 3,244,572 shares. The market capitalisation of Thinksmart Limited is £43,773,678.76.
boystown: I've just read it - and on the surface of things, it would seem to be remarkably good value??? Here it is until it gets taken down: Exploit ThinkSmart’s valuation anomaly Shares in Afterpay Touch (APT:ASX), a A$14bn (£7.7bn) market capitalisation Australian Stock Exchange-listed technology group have now doubled in value since I published my April 2020 Alpha Report on Aim-traded finance company ThinkSmart (TSL:19.5p). That’s important because Afterpay is part owner with ThinkSmart of ‘ClearPay̵7;, a UK payment platform that enables consumers to split the cost of their retail purchases into more manageable interest-free payments. The Australian group has already successfully developed and rolled out an interest-free point-of-sale retail consumer brand ‘Pay Later’ in Australia, New Zealand and latterly, North America. Indeed, a bullish trading update from Afterpay on its US operations has been the latest catalyst for the recent surge in the stock price. It’s not the only one as Afterpay was included in the MSCI Australia index at the end of May, so tracker funds have been investing. Another reason for the re-rating is that technology giant Tencent (700:HK) has built up a 5 per cent stake in Afterpay. Tencent is a HK$4.1 trillion (£435bn) market capitalisation company listed on the Hong Kong Stock Exchange and one that processes 1bn payment transactions every day. The point is that the re-rating of Afterpay has very positive implications on the conservative valuation of ThinkSmart’s 10 per cent stake in Clearpay. That’s because Afterpay has a call option (exercisable from 23 August 2023) to buy ThinkSmart’s 10 per cent holding. ThinkSmart has a put option (exercisable from 23 February 2024) to sell its stake to Afterpay, too. The price is calculated on agreed valuation principles that were used in determining the carrying value of the stake in ThinkSmart’s accounts. One of the principles is the market capitalisation of Afterpay, and that is now 100 per cent higher than when I suggested buying shares in ThinkSmart seven weeks ago. However, the Aim-traded company’s share price has risen ‘only’ 35 per cent in the same period to give it a market capitalisation of £20.7m, of which £7.6m (7.1p) is backed by net cash. Strip out £5m (4.7p) of other net assets embedded in ThinkSmart’s last reported net asset value of £29m (27.3p), and the Clearpay stake is in the price for £8.1m, or half its £16.4m (15.5p) carrying value. Moreover, that valuation was based on the Afterpay stock price of A$29.75 at 31 December 2019, rather than the A$51.16 current price. In other words, when ThinkSmart’s stake in Clearpay is revalued at the June 2020 year-end, it should be worth than the company’s own market value of £20.7m, thus leaving £12.6m (11.8p a share) of cash and other assets in the price for free. Furthermore, it’s not inconceivable that the Australian group may attempt to buy out ThinkSmart’s residual holding in Clearpay well before the call option becomes exercisable in August 2023. My sum-of-the-parts valuation of 35p a share doesn’t factor in this possibility. Offering 80 per cent potential upside, the shares rate a strong buy.
hazl: Ah here we are cash in March 2019, ' ThinkSmart returned AU$8m (c. £4.3m GBP) via a Return of Capital and Dividend to its shareholders, whilst maintaining a healthy cash position of c. £7m GBP as at 30 April 2019. In addition, the Company continues to hold 250,000 APT shares, valued at c. £3.5m GBP at 30 April 2019 (based on APT share price of AUD$25.59 and 1.8379 AUD:GBP at that time), which were received as part of the sale consideration for ClearPay. '
hazl: 'Scheible, added: “The Clearpay platform is unlike anything on offer in the UK, offering people greater flexibility to budget and pay for goods and services. By trusting consumers to repay free of charge, it turns accepted wisdom in financial services on its head. “This is an interest-free way to stagger payments by debit, which rewards positive behaviour and is the opposite of a traditional credit product. Instead of making money by trapping people in accruing debt, Clearpay charges retailers a fee to provide the service and covers the cost of the purchase up front, removing the risk for the retailer.” RICHARD At 30 April 2019, the company's consolidated net assets (unaudited) stood at circa £17mln representing circa 16 pence per share versus its current share price of 5.75 pence per share (at 5 June 2019),” the company said. It returned an amount of cash ...which holders received in April this year. I doubt it would return moneys to shareholders if it was short but of course it sold off 90% of its holding of AfterPay,and retains 10% at present. Again they hope to sell that off at a good time too,from what I understand. Do they need more cash? Simply. I doubt it but I honestly don't know.
someuwin: "...In March 2019, ThinkSmart returned AU$8m (c. GBP4.3m GBP) via a Return of Capital and Dividend to its shareholders, whilst maintaining a healthy cash position of c. GBP7m GBP as at 30 April 2019. In addition, the Company continues to hold 250,000 APT shares, valued at c. GBP3.5m GBP at 30 April 2019 (based on APT share price of AUD$25.59 and 1.8379 AUD:GBP at that time), which were received as part of the sale consideration for ClearPay. At 30 April 2019, the Company's consolidated net assets (unaudited) stood at c. GBP17m GBP representing c. 16 pence per share versus its current share price of 5.75 pence per share (at 5 June 2019)."
whatsthepoint: Results soon then we will know how much the special dividend cash back I'm guessing 6p and a residual 10p share price following results and forward update This is cheap as chips imho
pezza2: Charles Stanley has worked through the numbers a can see some real value in this one. Because the firm is not yet profitable, it bases its valaution on a multiple of sales. Broker says: 'On that basis and on the assumption that our projection of sales is correct, we could calculate a share price of between 117p and 140p. 'That implies very large potential upside in the shares.' Stock is currently trading at around 75p.
menthol: Some very good news flow over the past two weeks. The first piece of news last week was largly overlooked. Some recent buying following todays news has moved the share price and there should be more to come on the back of this.
wcjan25: LIFC results this morning absolutely astounding. suggests that TSL is probably doing very well also, but not reflected in the share price. looks like a good opportunity here
phoenixbird: It would be silly to try and predict what the share price is likely to be in the future but one thing is for sure, sales growth is imminent and the company is rapidly heading towards profitability. The company's Permacol product is patented worldwide and is licensed to CR Bard in the USA....... a multi billion dollar company with sales crews in the US and Europe. The latest deal with Zimmer is in itself a blockbuster potential with huge potential sales. The AGM for TSL is in the meantime check out the company's website for product info and check out the web sites of CR Bard and Zimmer...huge upside on this one. This is a growth company and is for those who are prepared to hold for another 12 months at least. The Permacol product is unique and multi faceted...there is nothing like it on the market!
whitebicycle: phoenxbird glad I caught yo the other night. The Intercast has two entry levels. The method you logged in at was superjava designed fot dialup users the other method is a Hotcom download meant for broadband users. Very interesting day the next as the AFG AFD Ceo came on and there were 135 users on at once all with the potential to badger the CEO. His pitch was good and did no end of good to the share price. Pfofit takers probably brought it downn. Still holding at least for the short term.
Thinksmart share price data is direct from the London Stock Exchange
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