Time Finance Share Discussion Threads

[boldtrader] 11/5/2009 13:43

Bought afew more just before lunch @2p. Barclays showing sells @2p,just done a dummy run to sell and quoting 1.85p. Those 2p transactions have to be buys, and quite afew going through.Is there some more news imminent? Cheers.

[soho2] 11/5/2009 12:02

let's hope so....and many more too.

[paul augustus] 11/5/2009 11:52

"Premier Foods, owner of Mr Kipling cakes and Bisto gravy, is set to reveal a robust performance for the first three months after the relaunch of its Hovis bread brand. In a trading update on Tuesday, the group - which last year reported heavy losses - will show it is on track to return to profitability this year.

Hovis has continued to take market share. Broker Morgan Stanley expects growth in the bread division to drive doubledigit sales volumes this year, with group profit margins predicted to leap from 2.8% last year to 12.2% in 2009.

Robert Schofield, Premier's chief executive, is likely to reassure investors that the group is well on the road to recovery following its £404m equity issue and bank refinancing in March.

Warburg Pincus, the private equity group, took a 10.3% stake in Premier as part of the deal. Schofield will confirm that the company has sufficient headroom to avoid breaching its banking covenants, despite being burdened with debt, much of it taken on to purchase Hovis owner RHM in 2007.

The trading statement will also focus on plans for new products, including the launch of bread rolls. Analysts forecast fullyear profits of £171m for this year against losses in 2008 of £403.9m."

.......maybe we'll see the Timestrip on Branston Pickle after all?

[soho2] 11/5/2009 11:39

why all thoses buys this morning and no move (up) ???????????

[sharethelovearound] 08/5/2009 16:39

the 13m shares at 1.5 p is part of the placing ie it is a buy not a sell.

[gogoneko] 08/5/2009 15:33

59david,

Personally I calculate the dilution in the past two months to be in the order of 94m shares, which is more-or-less a 23% dilution of the issued shares.... and without a single sizable order to justify it. I've no doubt shareholders are happy as it seems like that's the way they like their directors to run a company, i.e. sell nothing except a nice story, lose lots of money, and keep coming back for more. They show all the hallmarks of serial sponging commercial failures.

Now they've extended their existence until mid-2010 I'll keep watching and waiting for the jam to arrive. After seeing how this management has taken advantage of gullible investors I've lost all appetite for investing here no matter how far it falls. When they start generating revenues sufficient to survive independently rather than via the pockets of investors I'll reconsider.

Best of luck to those invested.

[soho2] 08/5/2009 13:57

someone seems to have confidence in the Company and bought 1.7M @ 2.19...surprised not to see an improvement on the SP, this spread is ridiculous.!

[barbudo viejo] 08/5/2009 09:58

I see two ways of looking at this; either: 1) 610K was all they could raise, as investors are dubious about the company's future viability. 2) 610K was how much TIME needed to reach a point where they can at least prove their sustainability as a company, before returning for more funding.
I am more inclined to believe the latter, because of the reasonable price paid for new shares, because the idea and products are no-brainer simple-and-brilliant, because the RNS show that we are out of complete 'jam tomorrow' territory. Obviously, the company is financially stretched and dependent on achieving rapid breakthrough, but they could be very close to this latter. Therefore, obviously a high-risk investment, but I feel ultimately the products will come to market, in one mannner or another. I just hope it is still our Timestrip delivering them.

[59david] 08/5/2009 08:17

gogoneko

What planet are you on. With share price currently trading in the 1.75 to 2.2 range why are you talking about "yet another dilution" when the company takes advantage of the strong share price to raise money at 1.5p per share - strikes me that this is not that significant a dilution and most shareholders will be happy. Whilst I am sure many of us would have liked to be able to participate at this price the reality with AIM shares is that it is never cost effective to do a rights issue as opposed to a placing. My view, for what its worth, is that this issue should not result in share price being held back in future

[gogoneko] 08/5/2009 08:05

Blimey! Who would have expected to see yet another dilution. What a shocker!

"We are delighted to have raised additional funds to help us accelerate the roll out of these exciting new products". Sure! I'll believe that IF a big order arrives.

[gogoneko] 07/5/2009 08:59

I think people know understand how it feels to read self-serving, inconsistent and disingenuous piffle ramping rubbish on this board. I feel a leveling of the playing field has been achieved, so I don't mind waiting to see what the next news brings.

[sharethelovearound] 07/5/2009 07:26

what drivel - it is called taking a profit which is apparently the point of investing. Are you suggesting some wrong doing here? There have been no Director sales and no notifications of significant interests being reduced. The sum total of the transactions that you list is 3m shares, worth less than £60,000. That is the last I have to say to you until you start making a contribution to the debate that is not self-serving inconsistent and disingenous piffle.

[gogoneko] 06/5/2009 21:20

sharethelovearound, and others,

What's the point of trying to defend the company with such hopelessly feeble arguments... rise to the occasion before turning to have a pop at me because you can't.

Perhaps today's final order of business (for the majority who aren't interested in my welfare)... who's dumping into strength every time an RNS arrives?:

2x100k (6/5), 2x50k and 2x250k (5/5)
2x125k (29/4), 2x250k (28/4)
2x125k (24/4), 2x250k,2x125k,2x100k,2x125k (20/4).

Is it too subtle for anyone to notice or be bovvered!?

jotoha2,

Don't forget FLX. Switched there from +ve to -ve as time went by and failures became more apparent (to me at least). At least here I wasn't that +ve to start with - but this is an interesting play... just not at these levels while no big orders are being received.

[jotoha2] 06/5/2009 17:04

I think gogonogo used to be a supporter of WTV , and that must be the one of the biggest scams to have been carried out by dodgy Directors/ major investors ,at least here we have true support by investors who have put their own cash into the company , and not like WTV who have just sucked investors dry!

[sharethelovearound] 06/5/2009 16:35

gogonogokenco - your comments are totally disingenuous as you have already stated on several occasions that you would buy if the price falls a bit. I was happy to go along with your contrary views as they livened things up a bit and there is no harm in a dissenting voice but now, I am afraid you have shown yourself to be a bit of a w@nkr and not worthy of any more attention, which is a shame. DOn't you have anything better to do with your life than post on a bulletin board of a stock that you don't actually own? Quite sad really. Now go away.

[barbudo viejo] 06/5/2009 10:03

Mit Geduld und Spucke fängt man eine Mucke

[gogoneko] 06/5/2009 09:22

Are you suggesting that at the end of 2008 the world suddenly realised that health and hygiene are important? These two issues have obviously been around throughout TIME's existence and throughout the company has failed to make a business from their innovative (but apparently unsaleable!) products.

Of course, this time it really is going to be different isn't it!? So long as they can get those bulk/mass orders in before the company runs out of money again there's reason to be optimistic.

[boldtrader] 06/5/2009 09:06

gogoneko, you're talking tosh.TIME have innovative products that fit in with health and hygiene, the two great forerunners in recent news. Owning shares in TIME,you are taking a bet that they will deliver those products into the NHS,food,consumer sectors, etc. Anyway I'm holding and excpecting a future good return on my investment(bet!) Good luck to all holders, Cheers.

[gogoneko] 06/5/2009 08:06

sharethelovearound,

There comes a time when people should stop throwing money down a drain. Has this ever been a viable, profitable business despite years of fundings and PR? Look at the history and read about the contract wins and trials and they're still not generating revenue, i.e. losing huge amounts of money.

At the end of the day all the funds raised so far have done is what? Paid directors salaries who've delivered failure!? TIME for a wake-up call?

[c91nfy] 06/5/2009 07:31

To be fair, the stock exchange provides a channel - REACH - for exactly these sorts of announcements and TIME uses this to spread its message. If they were putting announcements out using the full RNS then you could argue that they were playing games, but I don't think that this is the case at all since they are using the Reach channel for the purpose it was intended, as described below:

RNS Reach
RNS Reach is an investor communication service for the delivery of non-regulatory news such as marketing messages, corporate and product information. RNS Reach is based on the existing RNS service and has the same levels of efficiency, control and broad dissemination.

[sharethelovearound] 05/5/2009 22:47

Mattjos - so you would prefer that they don't provide newsflow of this kind and kept you in the dark until the big contracts arrive? You must be crazy. I hope they do raise more money off the back of a rising share price as this will help the efforts to sell the product. Sometimes I wonder what world people live in - selling the product and making sure that the company is adequately funded are not mutually exclusive, nor are publicising the progress and using that publicity to gain more business - it is called PR.

[jotoha2] 05/5/2009 18:28

Dont worry about gogonogo , he is just a bit peeved as he missed the 1/2 penny entry point !