Touchstar Share Discussion Threads

[pavey ark] 14/3/2020 12:38

Yes it looks like a rather good order and as they are part of a larger group more could follow.

[cocker] 12/3/2020 20:23

An update on their web site for a very satisfied customer with pod star. One would have to assume that almost every business is going to be hit by the current situation, how bad is anyone's guess.

[cocker] 05/3/2020 16:54

Bio, what @ 37p

[onjohn] 05/3/2020 15:37

dont let the ammo blow your brains out tho

[jeevsje] 05/3/2020 14:30

I still got some ammunition left, if that happens, ONJohn.

[onjohn] 05/3/2020 12:22

25p coming

[bio_tango] 05/3/2020 12:02

Order was filled earlier today.

[cocker] 05/3/2020 11:18

Filled or not

[2toptrader] 05/3/2020 10:05

Yeah I get it, but the bbc news are quite different from the reality on the ground.

[cocker] 05/3/2020 08:57

Looks like bio tango order will be filled if still open

[cocker] 05/3/2020 08:55

Well as much as I have every reason to agree with you. This corvid19 stands every chance to have some sort of impact on every business including TST.

[2toptrader] 04/3/2020 18:20

Why are people selling here, there's no point at these levels. Corona impact will be minimal if any at all.

[bio_tango] 02/3/2020 12:49

I have a buy order at 40p for 15k shares since end of last week but still not filled. Hoping we see a few more sells and that my one gets filled. Please feel free to nudge me if anyone is interested in disposing larger amounts.

[tole] 27/2/2020 09:58

Taken some here

[2toptrader] 24/2/2020 17:09

Disappointing day and crazy markets. Roll on mid april update and we'll see.

[tole] 24/2/2020 14:14

I'd quite like it to spike down to fill the gap to 44p and give me the opportunity to add a few more

[jeevsje] 24/2/2020 12:33

Amazing advice from Abarclay. Let's all wait for 30p lol

[abarclay] 24/2/2020 11:54

30p on way Italy creating turbulence the components are coming from China

Looks fuct

[2toptrader] 24/2/2020 07:21

Good point, most of the competition outsourcing from China, with a bit of luck TST will get more market share. They design and manufacture all of their product in their factory in Manchester, UK.

[onjohn] 23/2/2020 17:20

Electronic Component shortages from China - flash memory led etc

Will warn

[2toptrader] 23/2/2020 15:51

The beauty with TST is that they are manufacturing in UK so are not affected by corona virus or even by Brexit tariffs.
With BOJO grabbing the chancellor by the scruff of his neck, he will pump money into the UK economy, this is not just post Brexit bounce, this is the beginning of an economic recovery and TST is right in the middle of it.

A reminder of events as the signs are there for everyone to see:

10/9/19- Chairman's interim statement: "The last twelve months have been a critical period for Touchstar as we have been putting in place the foundations to create a modern business. The next year is arguably more important, it is now time to deliver, not promise, to reward shareholders for the faith they have invested in us."

20/12/19- Ian Martin, Chairman of the Company, purchased 10,000 shares at 30 pence per share and a further 60,000 shares at 35.5 pence per share.

05/02/20- Trading update -Since the company's last update on 18 December 2019, the Group's order inflow has continued to be encouraging. At the year end the order book stood at GBP1.2 million (FY 2018: GBP254,000) and it has subsequently increased to approximately GBP1.7 million by the end of January 2020. Given the Company's solid cash generative character, the improved trading position has translated into strong positive cashflow. The net cash position on the 31 December 2019 was stronger than expected at GBP849,000 (FY 2018: GBP296,000).

[2toptrader] 23/2/2020 15:32

"UK business activity expanded at a steady pace in February, according to a closely watched survey, suggesting that a post-election economic bounce could continue.
The flash IHS Markit/Cips composite purchasing managers’ index, a survey of business executives in UK manufacturing, construction and services sectors, remained unchanged from January’s final reading at 53.3. The December index was 49.3.Any reading above 50 means the majority of managers believe their businesses are growing. Economists said the figure indicated the UK economy could be gaining momentum, but warned a return to strong growth was far from guaranteed. Managers who responded to the survey said that receding political uncertainty in the wake of the election meant clients were more willing to spend, resulting in a rebound in demand, as well as improved staffing numbers and average prices. "

[someuwin] 21/2/2020 13:36

Can buy £4k online. But not £5k.

[2toptrader] 19/2/2020 16:04

Buyers watching patiently but holders also holding patiently. lol