Touchstar Share Discussion Threads

[rivaldo] 25/1/2021 10:25

Cheers varies, appreciated. I was pleasantly surprised by the optimism in the trading statement.

I don't think TST are fully out of the woods yet, especially given the pandemic, but sector trends are very much moving TST's way, the company are cash-rich with £1.6m net cash and I have a lot of faith in Ian Martin. If he gets it right then from this tiny m/cap there could be a lot of upside.

[varies] 22/1/2021 14:24

rivaldo
We seem to have several holdings in common besides TST and I respect your judgment.
Thank you for your informative posts here. I agree that prospects are good and those of us who hold from the Belgravium days may soon recover our losses.

[rivaldo] 21/1/2021 13:48

New case study for expansion of a major logistics company via their warehouse operations - which couldn't hit the current industry sweet spot more if it tried:



"Expect Distribution Case Study: Warehousing and Palletised Distribution
20 January 2021

"Expect are continually investing in their IT infrastructure. A planned growth within their Bradford operations resulted in a decision to review additional RF scanning requirements. RF scanning plays a key role in supporting Expect’s IT infrastructure, providing real-time stock level updates in addition to supporting pick accuracy and operational efficiencies.

Expect were looking to implement a future proof and scalable system to support their goods in and picking operations. Expect turned to UK based rugged mobile computer and scanning specialists, TouchStar Technologies, to manage the process from specification through to testing, go live and ongoing support.

The rugged devices would need to use information from Expect’s core warehouse management system (WMS) to confirm receipt of palletised goods and what stock items to pick for goods out. To facilitate the real time data capture, TouchStar needed to ensure full connectivity with Expect’s new Wi-Fi network."

[rivaldo] 19/1/2021 10:10

...and 8k just reported bought at 80p - a full 5p above the 75p published offer price.

[rivaldo] 19/1/2021 08:56

New recent highs now - nice buys at 74.92p and 74p this morning.

[smithie6] 18/1/2021 20:31

so, this afternoon the actual spread for trades made was 12p, with sale trades at 62p.

19.4% spread on actual trades made !!

something needs to be done about that.

obscene margin for the market maker to make, especially for holding/moving some shares just for a few minutes or hours

[jeevsje] 15/1/2021 15:29

The person who was acquiring sub 40p, 50p is looking to sell now :(. It will be a managed exit though rather than crash the price.

[leoboy] 14/1/2021 15:41

ORDER : upgrade for existing customer :

[cocker] 14/1/2021 10:40

Once again with 8.5 Mill shares in issue the mm's can't make a market. NMS should be made to be applied and price moved accordingly and with only a max 5% difference between bid/offer. Still we have the added advantage here having accumulated stock in what has been a long journey and now is defo not the time to cash in your chips.

[rivaldo] 14/1/2021 10:26

Nice move up - these are at almost 3-year highs now.

[allviewswelcome] 14/1/2021 09:12

If charting is your thing, I asked Wanobi on his AAZ thread (good thread, full of shared ideas) to post a chart with resistance points yesterday. Initial point is around 58p, which is still below 5 mil mcap. Fundamentals say this should be easily achievable, we just need a couple of new buyers to hold above this.

[cocker] 13/1/2021 18:29

I think you mean the baby. Well any rise will likely be sold into as there are likely to be a few holders who would use such, to have a valid exit point. Having said that, with todays TU and the outlook statement from a man who is normally very cautious, I would be happy picking up any stock whilst mrk cap remains sub 8mill

[likitorma] 13/1/2021 16:20

So, who is holding the can? About to close at low of the day.

[likitorma] 13/1/2021 15:20

A few who got spiked this morning are about to be left holding the can.

[elpirata] 13/1/2021 09:28

what is the mattter with you likitorma, tst got a £150,000 CBIL grant in May which is the companys money & furlough has never been mentioned.

[cocker] 13/1/2021 09:26

I doubt there are any short term profit takers, more like stale holders being able to actually get out if they like. However, mm don't seem to want to make a market here for some reason

[elpirata] 13/1/2021 09:15

excellent trading update, this is going to be volatile due to the illiquidity, should settle & trend to £1 once the short term profit takers are out

[elited10] 13/1/2021 08:38

There's the break over 60p...150 here we come?

[rivaldo] 13/1/2021 08:17

Good to see a Buy just now at almost 65p - a full 5p above the current 60p published offer price. Stock must be extremely scarce.

[jeevsje] 13/1/2021 07:39

I told ya that someone was quietly accumulating. Doubt they managed to with only 8million shares in issues.
Can see some juicy dividends being introduced soon.

[allviewswelcome] 13/1/2021 07:36

Net cash is nearly 40% of the market cap now. Surely due a re-rate.

[rivaldo] 13/1/2021 07:33

Yep, great to see net cash increasing nicely since the £1.46m at the interims - and to see TST remaining profitable for the year.

And two very interesting comments from the CEO - firstly when he says "we are optimistic of an even better outcome this year".

And :

"We continue to not only keep to but exceed the goals in the roadmap we put in place to navigate the business through into 2022."

[cocker] 13/1/2021 07:31

Agree, agree Bio. Outstanding results given the implications of last year. I guess the talk of a buyer behind the scenes was a smoke screen as to knowing trading was as good as this. Either way a mark up early doors with buying if MM's want to play. I expect a certain poster will have wished he paid 55p yesterday!

[bio_tango] 13/1/2021 07:23

Excellent trading update. Does not get better than this;

1) Profitable outcome for the year

2) Strongly cash generative throughout the year

3) Year-end cash of £1.9m