Touchstar Share Discussion Threads

[likitorma] 28/4/2020 14:40

Key shareholders as of Dec:

Thomas William George Charlton esq (11.03%)
Chelverton Growth Trust (10.03%)
Ian Martin (9.5%)
Interactive Investor Trading Ltd (6.12%)
Roddy McDougall (4.35%)
Killik & Co (4.34%)
Spreadex Ltd (3.93%)
Unicorn Asset Management (3.42%)
Charles Stanley & Co. (3.87%)

[likitorma] 28/4/2020 14:36

That 40p will look cheap in a few days. May as well take it if you are being offered.

[elpirata] 28/4/2020 14:21

mm quotes 40p for 10,000 lot size

[likitorma] 28/4/2020 14:21

Guys, only way to buy is call broker. At the moment, there is nothing available to buy online. You may need to pay premium to ask though.

[jeevsje] 28/4/2020 14:17

They tried to fish for some shares earlier and did not work. As mentioned, results due anytime and there are not many shares available to buy. I still think anything below last placing price of 60p is a steal. Ian is a sharp guy and if he delivers, we will see pounds.

[elpirata] 28/4/2020 14:14

not surprised, what a tw@t, mm wouldnt take 35p on a 10k fill or kill, then immediately put the ask up to 38p!

[jeevsje] 28/4/2020 12:46

I understand some investors have complained about the lack of buy quotes followed by drop in share price at low volume. Let's hope company is looking into this.

[likitorma] 28/4/2020 12:31

This was trading at 60p after last encouraging trading update.

[likitorma] 28/4/2020 12:25

You have to call your broker if you want 10k. Cheeky move from MMs to drop bud to 28p. Trying to get people to sell, with financial figures about to be published.

[elpirata] 28/4/2020 12:18

mm's quoting 35p full ask for only 5,000 shares limit, cant get a quote for 10,000+ despite that killer spread

[likitorma] 27/4/2020 16:13

Going back up. Move to 60p as a starting point.

[likitorma] 22/4/2020 09:47

Going down.

[likitorma] 14/4/2020 15:18

Bio, correct. I am being quoted upwards of 40p for less than 10,000 shares.

[bio_tango] 14/4/2020 13:44

Full year results expected anytime now. Broker wants steep premium for any sizeable buy. Anyone else getting the same feedback from broker?

[likitorma] 14/4/2020 12:39

From last RNS:

"First quarter trading was broadly on budget with growth from continuing businesses up 40% compared to the first quarter of last year."


"We start from a position of having no debt and cash resources. Additionally, we currently have a high-quality debtor book of circa £850,000. Many of our customers are very busy, are key to keeping the basic infrastructure of the UK operating, and continue to pay in a timely manner."

[likitorma] 13/4/2020 16:47

Also reckon we should be around 60p soonish before the next leg up.

[jeevsje] 13/4/2020 09:14

Doubt anyone will pay attention to a shareprophets article. Nevertheless, this company is well placed to weather the storm and is due a rerate back to 60s as a start. No debt.strong balance sheet with 800k cash and excellent growth in recurring revenues. Most of their business is in logistics, where the impact is less significant compare to other industries.
Anyways, there was no firm quote to buy on Thursday, even at 37p.

[rivaldo] 13/4/2020 07:23

TST have been tipped here by "HotStockRockets" (a name to live up to!) by the looks of it. Subscribers only - anyone got the text?



"Touchstar – shares now bounce following “Update on trading and impact of Coronavirus”…

By HotStockRockets | Friday 10 April 2020

Shares in Touchstar (TST), a tip earlier this year, fell below 30p last month but have currently recovered back above this level, including following an “Update on trading and impact of Coronavirus”…"

[likitorma] 09/4/2020 11:22

Check out ODX. Amazing RNS this morning. Could multi bag in coming days.

[smithie6] 08/4/2020 22:03

I think there might still be buyers interested

but after a big rise its not a surprise if there is a pause ....some ppl might want to first see if the rise holds

(anyway, if someone buys 5 shillings worth it'll jump up again !)

[bio_tango] 08/4/2020 10:29

See, the buyers disappear when buying liquidity is back. Funny trading :).

[bio_tango] 07/4/2020 15:57

There you go, guys. Some buying liquidity available. Human mentality is such that no one will buy now.

[bio_tango] 07/4/2020 15:13

I can sell £5k for that price, not that I am going to. TST is one of those that you have to accumulate whenever you can. When it moves, you simply cannot buy.

[smithie6] 07/4/2020 15:05

uf, so normal mkt size is only for £277 worth

----
if useful/interesting
on line it is possible to sell
£1500 of shares at 32.6p

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I've bought about £3.5k worth in the last week
mostly trades of about £1k

...sure, its not got the liquidity & tiny spread of blue chip shares but then blue chip shares dont often rise 35% in 1 day like this did yesterday & still have potential for plenty more.

[jeevsje] 07/4/2020 14:46

Only firm offers going through online are for around 100 shares. Normally, if you put a limit order for 750 shares (NMS), MMs has to fill it but problem is that a few brokers are not allowing limit orders at the moment.