Total Systems Share Discussion Threads

[rossco] 27/6/2009 07:12

Here's hoping we get a proper statement on the dividend policy.

[hugepants] 25/6/2009 11:54

1st week in July for final results looks likely based on the last couple of years.

[hugepants] 22/6/2009 09:52

The spread is down to only 20% now.

[9degrees] 18/6/2009 12:58

wow nearly the highest for two years !!

[rainmaker] 16/6/2009 20:57

Yes one 10k trade

regards

[egoi] 15/6/2009 16:12

There was trading today:

[dealit] 15/6/2009 14:17

Thanks hugapants, the price as gone up 3% today with no trades is that telling me that the mm`s know the results are v.good already. I would be buying to hold as a view to a company buy back the NAV value being higher than the share price as I see it. TTS management seem very conservative in there outlook.

[hugepants] 15/6/2009 10:09

Anyone out there suggest where they are going in the future.

Sideways would be a good guess. I think a lot will depend on the level of ongoing business from the Capita contract.

No matter how cheap this company currently is no-one is interested in buying because of the spread and illiquidity. And that is due to the management who have created this situation. They made a mistake for one by not paying an interim dividend and seem intent on building a ridiculously large cash cushion. But the cash is probably now worth more than the business! Its anyones guess what the plan is here.

[dealit] 13/6/2009 17:05

Researching these shares as a view to buy I have got to say they are seriously undervalued. The thing I can`t understand is why they are in the market and have not had a share buy back at these prices. Anyone out there suggest where they are going in the future.

[rainmaker] 03/6/2009 00:15

I think there is good value here and IMHO the shares should be bought and with the asset and cash backing any downside should be limited

regards

[rainmaker] 03/6/2009 00:13

Don't do anything rash, chaps

regards

[rossco] 02/6/2009 21:56

Well the results are normally released in early July so we don't have long to wait to find out how the company has been trading and whether the board propose to release any of the cash pile in the form of a dividend.

[hugepants] 02/6/2009 12:31

We've had a rampant bull market in small caps for several months now but this stock has hardly moved despite market cap covered by cash and improved trading. In fact its unusual for there to be a single trade. Its fair to say Mr Bourne has totally failed to realise value for shareholders (and there IS a lot of value here).

[rainmaker] 12/5/2009 23:32

Steady on, don't push the boat out too far. Actually Josh when I have a moment will have another look at these because they might just possibly be worth %^(&*^


Hey, I never said buy

regards

[joshalexander] 12/5/2009 18:56

With some of Rainmaker's recent stunning calls, I might even buy a few of these.

[rossco] 05/5/2009 08:24

HugePants

Did you get a response from the chairman about a cash return?

Regards

[rainmaker] 28/4/2009 08:38

c'mon own up, who was it?

regards

[hugepants] 27/4/2009 13:43

35,000 at mid price. Thats a lot of stock for this dog.

[8trader] 16/3/2009 22:32

HP.

Does Mubl not strike you as much better value, have a look at the
snippets on the thread today that Mubl slyly decided not to inform
the market with.

[hugepants] 16/3/2009 22:16

Possibly Arthur but this company is actually valued at 10% below net cash currently. OK spread is silly but its still ridiculous. I think when the house broker has a price target of 36p when the company has over 30p cash then its time shareholders to make a point to the chairman (Terry Bourne). Im going to contact him and request a 10p cash return at next results. The more shareholders who do this the better. He owns over 50% but, who knows, he may take notice.

[arthur_lame_stocks] 16/3/2009 19:47

I guess the problem with TTS is that although it's fairly good value, it's not that good, especially in this market. a bit like Gladstone and others.

I think there is much more upside in other cash rich stocks such as Filtronic and Xaar.

IMO of course.

[hugepants] 16/3/2009 09:04

Target price 36p

Thats a few pence above net cash. Id hope now the big boys will start piling in. Hold on tight.