Touch Group Share Discussion Threads

[beckham7] 27/10/2006 08:59

NO THAT 50K IS NOT MINE THE NEXT ONE THAT COMES THROUGH OVER 50K

[thinkbig?] 27/10/2006 08:53

ONDON (AFX) - Multimedia advertising provider Touch Group PLC said it has
agreed to sell majority of its stake in its on-line business directory service
unit Touch Local, owned by Touch (GOE) PLC, to Benchmark Capital Europe.
Benchmark will invest 7 mln stg in the loss making unit in return for the
majority of shares in Touch (GOE).
In turn, Touch Group said it will be retaining a 27.5 pct stake in Touch
(GOE), which will be renamed Touch Local Ltd.
The company also said its director, Tamer Ozmen has resigned from the group
to be the chief executive officer of Touch Local Ltd.

This is were the money is being made in verticals, its growing month by month at over 38%

After the sale of the business directory service, Touch Group said it will
have achieved its strategy of becoming a single operating company with an
international business-to-business publishing operation that is growing month by
month under the leadership of Dr Theresa Saklatvala, the group's publishing
director.

Capped at just over 4 million

Just got 7 million cash for 75% of local stills owns 25%

Verticals how much is that worth now with a 38% growth say 3 million

so thats 7 million in cash which alone gives 7p a share verticals for free and we still own 27% of local none brainer

[beckham7] 27/10/2006 08:48

AND ONLY 70 MILLION SHARES

[beckham7] 27/10/2006 08:44

gonzale 7 million in cash and market cap only 4.6 million and director buying at 8p PLEASE PLEASE DYOR I AM NOT EXPERT

[gonzales] 27/10/2006 08:41

Beckham7. I'm intigued, what's you're rationale for buying now?

[beckham7] 27/10/2006 08:32

look out for 52742 its my buy

[patviera] 27/10/2006 08:18

so retains 25 pct of local which was where the great hopes were...balance sheet?

[gagner2006] 27/10/2006 08:12

SCR TB you know that lol

Does look an interesting deal for Touch though

[thinkbig?] 27/10/2006 08:10

Well well interesting times ahead now, will go to 10p now with this investment, over the coming days not many have seen the rns yet none brainer. So the 8p a share they raised before will look good value for money now.

Get in and hold this time next year this will be double the price were can you double your money these days in less than a year.

[hamidahamida] 27/10/2006 08:03

COME ON BOY

[gonzales] 27/10/2006 07:51

You're either an inside trader or a lucky guesser. Either way lends you little credit.

[cir] 27/10/2006 07:25

it means the touch local business after the #7m investment is valued at circa #10m.

the publishing business is a growing and profitable business.

check out the verticals that have been launched recently!

[william-just] 27/10/2006 07:19

is this a pre warning that the accounts will show a large loss.

[ron64] 27/10/2006 07:10

Investment

Touch Group PLC, the UK-based multimedia advertising provider with activities
spanning both on-line and print media, is pleased to announce that it has
successfully agreed with Benchmark Capital Europe ("Benchmark") the terms of a
£7m investment into Touch Local (www.touchlocal.com) the local and national
on-line business directory service of the Group (the "Transaction").

The Touch Local business is owned by Touch (GoE) PLC, which to date has been a
wholly owned subsidiary of the Group. As part of the Transaction, Benchmark has
subscribed for shares, which will represent the majority of the issued share
capital of Touch (GoE) PLC on a fully diluted basis. An allocation also has
been made for the management. At the completion of the Transaction, The Touch
Group PLC will have retained an interest in 27.5% of the shares of Touch (GoE)
PLC.

In the year ended 31st December 2005, the investment into the structure and
technology of Touch (GoE) PLC was considerable, with Touch (GoE) PLC delivering
£2.2 million in revenues whilst still being loss making. The invested funds
will enable the management of Touch (GoE) PLC the opportunity to grow the Touch
Local business without financial restraint. Touch (GoE) PLC is to be renamed
Touch Local Limited. Further to the Transaction the Group has entered into
agreements to provide certain facilities and services to Touch Local on an
ongoing basis. Following the completion of the Transaction Tamer Ozmen, has
stepped down as a Director of Touch Group PLC to concentrate on his efforts as
the newly appointed Chief Executive Officer of Touch Local Limited.

[hamidahamida] 26/10/2006 23:31

watch out big news out soon
WATCH OUT BIG NEWS OUT SOON
big news out soon
and i mean big BIG

[haydock] 26/10/2006 20:55

Agreed Pat the balence sheet showed no money left at all.
That was June though, & the point I have been making is that they should be on flat by now, or going forward.
If they were out of money the AGM was the time for the relaunch or whatever.
They said nothing about anything, so we must conclude the cash-flow is no worse & could be getting better now.

Verticles should have a massive value to the media world far beyond the market value of ToU, based on the type of deals I have been noting on this site for months.

[patviera] 26/10/2006 20:00

i dont doubt u..i just think that balancs sheet aint great.

[rossstar3] 26/10/2006 17:33

PATVIERA I DARE TO VALUE BREIFINGS AT LESS THAN 5P.did you not do your homework.

[patviera] 26/10/2006 11:34

think big...another 250 out at 5.25..is that u buying again?

[patviera] 25/10/2006 22:29

thinkbig..how many do you own now?..25 prot at 5.25 so there must be a seller around.

[haydock] 25/10/2006 17:29

As far as I can see with this one no news is good news.
Maybe they would have admitted defeat at the AGM, if they had a real cash -flow crisis, but I still hold the view that the longer we go into the Christmas period the better the cash-flow situation.

An article in the Sunday Times was of some interest & i will look it out, as it seemed to be involving a media giant working in the same area as the Verticles & Briefings.
I remember the general conclusion of the article:
They don't know how it works but they sense its the way to go & there is money in it!!!

[thinkbig?] 25/10/2006 12:38

Hi everyone sorry not posted for a while as nothing to say, I have just posted today as the 25 and 75k shares are buys they are mine at 5.6p so I have added more infact an other 100,000 shares.

As I said a while ago will only add when I feel news is due. And I have.

[rossstar3] 24/10/2006 18:28

put a sensible value on breifings and tell me there not worth 5p?