Tialis Essential It Share Discussion Threads

[merguezdamour182] 09/5/2023 13:03

Yes, very disappointing. They must have thought the debt conversion was a good idea or why do it? I guess they will go silent now until the next update.

[deekers] 09/5/2023 12:39

I expected better results, it is disappointing they can't generate positive e.p.s yet
seems the business is being run as a non profit charity imho.

Are they going to issue shares for the remaining debt and dilute us again?

[knigel] 09/5/2023 08:15

Well the net finance costs should be far lower this year after the recent debt conversion - nothing surprising in the results hence lack of share price movement..

[beeks of arabia] 09/5/2023 07:56

Seems a lot going on with very little profit to show for it.

[wh1spa] 09/5/2023 07:51

Plenty of room for upgrades. There seems to be a lot going on in the background - fingers in lots of pies. The question is when will MXC decide the time is right to sell?

[beeks of arabia] 09/5/2023 07:19

Thoughts on results?

[merguezdamour182] 05/5/2023 17:42

There should be positive news. This has to be the lowest.

[knigel] 05/5/2023 08:58

Just hoping we see some interest and share price activity next week when the results are released…

[knigel] 25/4/2023 08:31

At least we now know that the results are due 9 May..

[wh1spa] 19/4/2023 09:44

In the absence of a trading update /results and comparing TIA to MTEC. Made Tech's broker (Singer) is hoping for an EBITDA margin of 18-20% longer term - TIALIS should already be achieving this :- On a 10x EBITDA basis we should be at £40m market cap.

[merguezdamour182] 29/3/2023 11:48

A few buys going in. That is £20K.

[wh1spa] 27/3/2023 15:18

I think they'll want to get the MXC tender offer out of the way first.

[knigel] 27/3/2023 14:44

My guess is that they have been busy intergrating the new business and perhaps are also looking at further acquisitions - but agree some form of update is overdue!

[merguezdamour182] 27/3/2023 14:24

I wrote to Andy Parker for the financial calendar. He has not replied. It is way over due.

[deekers] 27/3/2023 11:43

Where is the trading update?

[deekers] 27/3/2023 11:43

Where is the trading update? Usual it is done in Feb

[beeks of arabia] 24/3/2023 01:14

I'm not saying you are wrong Wh1spa!

The fact my paltry 4k sale knocked the mcap by a million tells you there is no buyer in the market. illiquid is not a big issue until you have to sell.

Anyway, intruiged as to how this plays out!

[wh1spa] 23/3/2023 21:44

MXC are proposing a share buyback/tender offer to purchase up to a maximum of £3.25m @ 73p. They are happy to value their three investments at £30m - give or take. The market is pricing two of these at £11m and I doubt Koris/MXLG's value makes up the rest. So why would they be happy to pay over the odds on the tender offer? Because,as they have already stated countless times, they have an exit strategy which will recoup all the money they have put into CSI/CORE/IDE/TIA over the years. This is around £25m - probably more. To get that kind of return they need to sell TIA on for at least £1.40 - but I'm guessing; as others have pointed out, that £2.00 would be a deal clincher. Who knows - but if all three were rolled up we could be looking at a £70m deal.

[beeks of arabia] 23/3/2023 19:13

I'm still trying to understand how MXC exiting their investments here benefits TIA.There are a few options of course, well as a whole to another investor/company, or hold on to them. Both options result in no change in price. The other options unpalatable.Same for CLCO of course, however cloudcoco on the crest of a wave of optimism....Tia not so much.

[wh1spa] 22/3/2023 17:55

As per LSE posting, I stand corrected. MXC also have their MXLG / Koris business; the accounts of which can be found here: https://find-and-update.company-information.service.gov.uk/company/11065145/filing-history

[beeks of arabia] 21/3/2023 20:57

Yes, I'm not a large holder of cloudcoco for nothing.

[wh1spa] 21/3/2023 20:49

MXC is made up of investments in two companies. These holdings are currently valued at £11m or thereabouts and yet they are offering a tender price which equates to a valuation of TIA & CLCO of £30m +. Perhaps there is a purchaser for both at a far greater value. Time will tell but both entities seem to be doing very well in a sector rich with long sticky contracts and as such good earnings visibility.

[beeks of arabia] 21/3/2023 12:37

For info I hold almost 1% of CLCO

[wh1spa] 21/3/2023 12:03

Up to mischief?

[beeks of arabia] 21/3/2023 10:45

Clco and Tia down today.