Touchstar Share Discussion Threads

[russman] 24/6/2021 08:13

Mcap less 10m; enormous bid/offer is high risk trade in my book.
a few big punts could move TST up or down rapidly.
timing is crucial.

[cocker] 23/6/2021 21:44

A very positive statement and quite illiquid yes, but high risk high reward no. High reward with very little risk as far as I'm concerned. 750k worth of orders and a considerable amount of recurring revenue, oh and 1.75 million cash.

[russman] 23/6/2021 20:26

very positive statement.
Very illiquid.
High risk, high reward...........

[rivaldo] 23/6/2021 09:12

WH Ireland conclude this morning that they see 100p as fair value here for the moment, having left their forecasts unchanged for the moment:

"WHI view:

This morning’s update from Touchstar illustrates a positive period for the business and with c.70% of sales having previously been deemed as essential, it is encouraging to note that an improvement in those sectors impacted by COVID-19 is beginning to be seen, alongside the overall increase in the order book and growth in recurring revenue.

As such, an FY 2021E EV/EBITDA multiple of 5.6x falling to just 3.6x is undemanding in our view. We see fair value for the shares at 100p, which would equate to a current year EV/EBITDA multiple of c.8x."

[cocker] 23/6/2021 08:51

Jeesje, I bet your pretend mate had wished he hadn't sold up like yourself. Only advice for you fella, is there is still time to make a killing if your prepared to take the plunge.

[rivaldo] 23/6/2021 07:20

Excellent news - trading has exceeded expectations this year, and the order book is growing nicely again.

Plus recurring revenues are rising - and of course we know TST have a very healthy £1.8m cash pile too:

"Trading Update

The encouraging trends observed across our business have continued and Touchstar's performance this year to date has exceeded our expectation. This has been achieved by favourable revenue development, an increase in margins and continued tight management of expenses.

The order book is building back, it has increased by over 50% since the year end and currently stands at over GBP750,000. Reassuringly it is beginning to include orders from sectors most impact by the pandemic.

A key focus for management is upon achieving an increasing percentage of sales from long term recurring revenue contracts. In the year to date these revenues are up 12% compared to the equivalent period last year.

We expect a strong first half performance to, at a minimum, underpin the full year results. We will more formally update expectations for both 2021 and future years when we release the Group's interim results which we expect to be announced by the middle of September."

[elited10] 23/6/2021 07:04

Nice update

[likitorma] 22/6/2021 14:26

What, you expected them to publish something where the client was unhappy.

People these day 😔😔😔

[cocker] 22/6/2021 11:40

Studio Retail case study just posted on Web site. An upgrade that seems to have hit all the right notes with another TST client.

[cocker] 18/6/2021 09:15

Not at all Arthur, if revenues are likely to be below expectations than it will have to say so.

[martinouno] 18/6/2021 09:08

agm 23rd june should be on website today

[arthur_lame_stocks] 18/6/2021 09:05

This company only needs to make a profit warning if it actually expects to make one.

[cocker] 17/6/2021 11:21

Let's hope so for your sake, it could lend it self for an opportunity for you to buy back in at lower levels if the market doesn't like what it hears. Having said that perhaps you could tell us all when exactly is the agm as not even sure a date has been fixed as yet.

[jeevsje] 17/6/2021 11:06

Reckon profit warning as part of AGM statement due to the significantly reduced order book.

[cocker] 16/6/2021 20:42

Another interesting write up in the Web site, this time about fuel theft. As much as this is extremely interesting, I guess it's life time will be limited due to hgv's surely going down the electric route sometime soon.

[perryman] 15/6/2021 18:52

yes sorry about that I miss read the dates . my question is when is the agm ?
I sent a couple of emails to investor relations a few weeks ago with no reply .

[cocker] 14/6/2021 07:43

I think perhaps you may have seen a previous announcement on the Web site regarding the agm date. I can not find when this year's will take place but it definitely is not on Sunday the 27th.

[rivaldo] 08/6/2021 14:52

Cheers - also a new article from yesterday about how TST's PODStar Electronic Proof of Delivery (EPOD) system can help the food and drink sector:

[cocker] 08/6/2021 13:21

An extremely good case study write up on the Web site about the Cepac order. Not sure if the original contract was mentioned here before but it does seem as if we have quite a few happy customers out there who's intentions to upgrade in the future, is a positive.

[perryman] 28/5/2021 13:47

TouchStar AGM 27th June 11.am look forward to seeing what the chairman has to say .

[onehanded] 27/5/2021 12:11

I see bid / sell offer heading down to 60p, must be a very nervous time for any in profit as it this breaks some support 50p. Sell and get in lower time I think.