Touchstar Share Discussion Threads

[onehanded] 13/5/2021 16:09

yes very very worrying....

[dolittle1] 13/5/2021 16:03

Wow, 60% drop in order book, now that is worrying.

[onehanded] 13/5/2021 15:38

looks like a clear sell, no forward forecast, 60% lower order book. Could even have a profit warning coming. 40p fair value...

[likitorma] 13/5/2021 09:07

Just marker maker games here. Only way is uupppp.

[jeevsje] 13/5/2021 08:10

Wider market correction coming and wgen that happens, forget about beung abke to get a quote for selling your shares, esp after this went up 4 times its low of 20p.

[jeevsje] 12/5/2021 15:21

Rebuilding order book does not happen overnight. May take a year or something for that to happen. Nothing to see until late 2022.

[allviewswelcome] 11/5/2021 14:03

Virtually every share worldwide was sold at a ridiculously low value last year.

[jeevsje] 11/5/2021 13:05

Market correction is overdue. Last year, someone sold for 16p. Let's see how low it goes this time.

[onehanded] 11/5/2021 07:57

That's why it is a clear sell, as so illiquid, a few taking profit from 20p - 30p, could easily see this back to 40p range. Very risky to buy any with no forward projections and reduced order book.

[russman] 10/5/2021 20:31

Very small and illiquid.
Not for day-traders.

[varies] 10/5/2021 20:11

onehanded
You are a very clever and nimble chap if you have been able to make money buying and selling TST shares.
To my mind there is a case for selling and a much stronger case for buying. In my case I have held my shares for many years and wish I had not but I now see a reasonable prospect of a long overdue return.
For short-term trading the market in TST shares is too thin and the spread too wide.

[cocker] 10/5/2021 17:23

Well I have heard of numerous reasons for a placing and some quite unusual, but because not enough shares in circulation. Perhaps that's why the clown is invested in Deep Vag, as the weekly warrants at half price sure add value there.

[onehanded] 10/5/2021 15:02

looks like selling going to happen. So illiquid that they need to do a share placing / offering to get more shares in play, if this needs to trade any higher in the future. If share price holds would be about 60p, as this is about fair value with such poor order book and lack of future earning from the last RNS. Sell and buy back lower could be the plan.

[likitorma] 07/5/2021 15:58

Someone sold below the bid. How stupid of them? They do not understand market maker games. Only way is upppppp

[onehanded] 06/5/2021 15:36

won't be giving any money back to investors, with such a big fall in book orders and no future revenue guidance. That would be a big worry and red flag sign for any investors. Have retracement to 60p on the cards short term. With such an illiquid stock could get there from only a few sells. Profit needs to be banked and buy lower may be a wise move.

[likitorma] 06/5/2021 13:06

Could tick up anytime now once MMs had their fun.. Only way is uuuupppp.

[likitorma] 05/5/2021 13:23

Ignore the doom tellers. Only way is up. Just market makers messing around. No retest of 60p since i bought loads at 65p.

[cocker] 05/5/2021 09:39

What you are saying is true. However, TST was on a roll just before the 1st lock down and have come through with flying colours imho. 2021 has started better than expected and what was said on the zoom call installed nothing but confidence going forward, especially for next year.

[jeevsje] 05/5/2021 08:45

Clearly, the vibe is not reflected in the order book, which is down 60%.

[cocker] 05/5/2021 08:08

Emotional, not sure I ever am on any share I hold. As far as I am concerned, if in doubt I chuck it out and that would go for TST as well. However, Ian has always aired caution on how the company is doing and at present the vibes are extremely good coming from him and from within.

[jeevsje] 05/5/2021 07:50

Instead of getting emotional, look at the facts. Order book down 60% and cannot take benefit of ~£500k Covid savings.
Order books don't get replenished overnight!

[cocker] 04/5/2021 18:35

With 1.7 million cash in the bank and the possibility of returning a vast amount of it to shareholders in the near future, a fund raise is about as likely of you having more than one brain cell.