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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Total Systems | TTS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 16.00 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 16.00 | 16.00 |
| Top Posts |
|---|
Posted at 04/10/2012 11:37 by weatherman For those still in TTS, the last set of results are a bit of a mess. They lost £1m in cash due to slow down and R&D. Still hope of better times a long way ahead as it is difficult to sell. |
Posted at 04/1/2011 17:42 by weatherman Has anyone had any contact with the management of TTS. All seems to have gone quiet, would have expected trading statement by now. |
Posted at 22/6/2010 08:37 by weatherman I guess holding on to these shares means having a stake in a London City property at about a third of the price. Not very liquid, but neither is property. I would gamble on some corporate action to release value within 2 to 5 years for a 100 to 200 % Increase. In fact I would suggest TTS would do better selling its software business and becoming a property company. |
Posted at 17/5/2010 18:51 by deswalker CLV remains the worst of these type of situations that I've seen and so far is the only one that has caught me out. As scburbs says it was apparent what they were doing a full year before the delisting and they finally structured the buyout using Loan Notes offering all sorts of possibilities. To my knowledge the Takeover Panel is continuing to watch the situation six months after the buyout. Shame they didn't have the teeth to stop it at the time, despite some serious representation against the MBO by shareholders.I never liked the look of TTS as there was never an outside shareholder who might act as a barrier to a delisting and the 50% was held by one person. NAR might well develop along similar lines with an ageing shareholder owning 60% of the equity and with tax issues to think about. But there is Herald Inv Trust with about 11% and a hotline to City lawyers standing in the way. NAR will be an interesting one to watch from the sidelines IMO. Anyone who entertains stuff like MTT with a single foreign 80% shareholder is playing with fire IMO. |
Posted at 16/5/2010 15:52 by weatherman TTS is owned by a few shareholders and the required votes are 'in the bag' for them. The only option for us is to email or write to the LSE or FSA and complain about the significant undervaluation, even below net cash, for forced sellers. If enough people write it might raise the problem and perhaps lead to a reevaluation of the situation. Controlling shareholders should not be allowed to ram through a delisting at a price below net asset value; and the net assets should be re-valued annually by independent experts. A breakup price for this might be as high as 100p taking into account property, cash and business. A risky strategy might be to hold on and see if a break up is the intention of management. |
Posted at 16/5/2010 08:43 by essentialinvestor scburbsThese points were made repeatedly on this thread over the last couple of years by some Bears on TTS, luckily I took notice. They were dismissed by many Bulls as ridiculous. From memory egoi was in this camp and kept banging on about the value here. Where is egoi now - Its a case of silence is golden. |
Posted at 14/5/2010 19:59 by liarspoker If anyone wants to start a petition to send to the LSE or the company regarding matters such as this I would be more than happy to sign my name. I don't hold TTS, was nearly severly tempted a few months ago though, but I'd still like to offer my support for existing holders. |
Posted at 14/5/2010 09:51 by sailing john Pug - Yes I agree (I follow TTS but don't hold)Same thing happened to me with Spectrum Interactive. I had little alternative other than to accept the offer and move on but felt like I had been mugged. Fortunately the offer was above my buy price so made a profit but many will have accepted at a loss. GL with whatever you decide John |
Posted at 19/3/2010 10:59 by 9degrees things happening on INVU site - could this benefit TTS? as TTS market their systems |
Posted at 05/2/2010 09:49 by egoi Absolutely classic TTS-speak.Bottom line sounds like they need new contracts. They say 'prospects taking longer than normal to convert to sales.' How long since they last announced a contract win? Too long I'd venture! |
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