Touchstar Share Discussion Threads

[cocker] 05/12/2018 19:16

I beg your pardon. Quite correct. Sorry.

[cocker] 05/12/2018 16:02

TU normally in early January so I guess all will be revealed. Todays price represents a 50% discount on recent fund raise & also director has dipped in since. Not always easy to guess the bottom but I am a defo buyer short term & hope that the road to recovery is imminent.

[jeevsje] 05/12/2018 16:00

They are not letting me buy. NT online. Others getting the same?

[cockerhoop] 05/12/2018 15:38

Slightly bizarre news release - close to a TS

[leoboy] 05/12/2018 14:31

here it is : Touchstar achieve higher than expected sales for PODStar proof of delivery system 04 December 2018

[cocker] 05/12/2018 13:46

Just took a little punt of 8000 shares as website updated with Podstar news on the 4th December. May well add once more funds become available. C

[leoboy] 20/11/2018 11:21

" We are delighted with the TouchStar solutions we have in place, they just work, the hardware is reliable and robust and it plays a fundamental part in the success of our operation”.



- a positive then ...

[cocker] 16/11/2018 07:56

Trakm8 results out today, doesn't bode well here maybe?

[jeevsje] 25/10/2018 08:54

Varies, I think your patience will get rewarded purely due to the presence of Ian. The R&D investment is paying off with the new products being welcomed by customers.

[varies] 22/10/2018 21:07

jeevsje
I wish I could help but I know nothing of the broker note you mention.
Considering the tiny market cap of TST I am surprised that any broker has produced one.
Having held these shares for many years (and I only wish that I hadn't),I have concluded that I might as well hang on and hope for better times. These shares are not for trading.
If you want your money for some better purpose, then I can only suggest that you sell your shares as and when you can until you are shot of them.
The only consolation for an ever decreasing share price has been that every year this represents a smaller proportion of my portfolio than it did before !

[jeevsje] 22/10/2018 18:40

Noone willing to help?

[jeevsje] 16/10/2018 13:03

Can anyone please share the broker note for Touchstar please. Appreciate it, thanks.

[arthur_lame_stocks] 26/9/2018 17:51

I just don't think there's enough upside from a successful turnaround to justify making any further investment in these myself. If I hadn't got my money back ages ago I would probably hang on but i'm not sure i'd be a buyer here.

[pavey ark] 26/9/2018 17:45

I think an important distinction has to be made here.
TST are in a position that they have created and according to Ian Martin they are "on track".
The company hasn't suffered a catastrophic loss of business but has chosen to undertake a major restructuring.
The results in April and the recent results have to be seen in the context of this major change.
To add further confusion we have a major change in accounting practice which certainly clouds these results further.

I'm not banging a big drum here but if people look at the things said in April and repeated today there can be little in the results that should come as a surprise.
The fund raising was in Feb/March this year then they started spending on the new business model.
The new accounting rules resulted in most of this spend coming from the profit/loss account but in the past it could go down as cap ex.

It takes time for the capital spend to result in cash generation so I think I'll sit back and see how they get on.

Not tempted to sell and if things get silly I may add.

[cocker] 26/9/2018 09:23

I agree that there is a possible chance of some good returns if all goes to plan. However, it is a IF. They still struggle to get customers to sign on the dotted line & these aren't as hard times for businesses, like bvm had in the past. The 60p fund raise was at a discount to the share price & since it has retraced, not good in my opinion. All said & done, worth a punt on a possible buy out offer from a third party or on the hope things do improve.

[pavey ark] 26/9/2018 09:00

Just spent some time going over the figures and things look to be going the way I expected.
In April the management set out where they were hoping to go and they look to be on track.
Certainly the company looks to be in a fairly robust financial state and the current asset/liability figures look good.

This period is obviously the most challenging as far as the results are concerned as there is a lag between spending money and seeing a real return but I expect things to improve from here.

I'm happy to hold and expect a good return from investing at these levels.

[pavey ark] 29/8/2018 09:41

There was a similar situation to this at my largest holding TPG.
When a company undergoes a fairly major change of direction there is immediate concern (fear) in the workforce and most of the changes are seen in a poor light.
With TPG these changes resulted in a small part of the operation sold off to management.
With TPG some posts appeared concerning management and their inability to understand how to run a specific part of the business but they were intending to sell.

Touchstar is undergoing massive change and I would be very surprised if this did not produce fear and resentment especially where people's jobs are concerned.

I totally understand why people react the way they do under these circumstances and have every sympathy if people feel their job is threatened/ vulnerable.

If there is more to this I would certainly like to hear the details.

[cockerhoop] 28/8/2018 16:22

Kemp99,Can you expand on that at all? Happy for you to message me if not wanting to post.

[kemp99] 28/8/2018 16:00

Mark is pretty useless in my opinion - but worse is the COO John Hall

[jeevsje] 07/8/2018 07:28

What is annoying is that it is a well run company by a well respected chairman. Shame that he does not keep us updated through the appropriate formal channels. The share price is highly discounted already. Anyone know whether Mark is good enough at his job?

[rp19] 06/8/2018 19:06

Chart is awful and is probably going to drift further until some news. This could be some way off as interims were not until the end of September last year. The most recent update in April contained "bringing forward investment in recruitment, solution development and delivery capability". No evidence of progress on this front yet.

[varies] 06/8/2018 19:04

jeevsje
The relentless fall in the share price is demoralising but I do not think that the management should spend their time trying to re-inflate it.
If sales and profits improve, then so should the share price.
My advice (for what this is worth)is to cheer yourself up by looking at the profits you are undoubtedly making on most of your portfolio and forget about TST unless and until it comes right.
If you have only a modest holding, you could probably sell it at over 40p and put this company out of your mind. We all lose money from to time. If we did not, we would seldom make any money.
There is no point in moaning.