Touchstar Share Discussion Threads

[martinouno] 11/10/2023 10:37

Perhaps they are continuing, but as soon as they start to buy the price goes up, it's not so easy.

[davidosh] 10/10/2023 19:12

on 11 September 2023, pursuant to the authority approved by shareholders at the Company's Annual General Meeting held on 22 April 2023, the Company purchased 25,000 ordinary shares of 5 pence each ("Ordinary Shares") at a price of 98.9 pence per share (the "Transaction").

So why have they not continued with buybacks as the share price is now 12% lower and they will get more shares for the same outlay and give us long term holders more of the company to ourselves with better metrics and higher yield going forward ??

[martinouno] 10/10/2023 17:48

But why is the share price collapsing?

[cocker] 10/10/2023 13:39

Well its a very well run company that should reward investors sooner or later. Trouble is buy back program a farce when one can barely sell 1k or buy 1k at a time which puts off small pi's.

[martinouno] 10/10/2023 09:19

A lot of selling at the moment, price dropping, any explanation? Sorry if this has been posted more than once am having issues.

[cocker] 06/10/2023 10:24

All sounds pretty impressive, unlike the share buyback programme.

[smithie6] 02/10/2023 22:18

the TS8200 is equipped with a remarkable near far scanning range, spanning from an astonishing 2.2 inches (5.6 cm) to a range of over 40 feet (12.2 meters).

..from 2.2 inches to over 40 feet !
That's impressive !

[rivaldo] 02/10/2023 15:11

Product upgrade news -sounds good:

"the ideal rugged handheld device to take warehouse and logistics operations up a gear"



Incidentally, materiality in terms of contracts is normally 10% of turnover etc, so a large hurdle to cross for RNS disclosure - but if a contract if less than that but has significance in terms of the importance of the client or in terms of strategy or geography for example, then a PLC can issue an RNSNON on the Reach service.

[smithie6] 27/9/2023 10:17

from recent contract, I thought this was impressive

"To further enhance the efficiency, via a click of a button, jobs are automatically allocated vehicles in the most efficient order ..."

[smithie6] 27/9/2023 10:16

Packmann
If not material to results then no RNS is allowed. But a non-RNS info release can happen to the stk mkt.

'material' is I think defined as 20% but I might be wrong.

[cocker] 25/9/2023 09:05

Because their value alone is not high enough to impact revenue, is my educated guess. However, it seems the in flow of them will underpin the company going forward.

[packman8] 24/9/2023 22:31

Why are these contracts never released as a RNS on the LSE?

[cocker] 22/9/2023 09:55

Another contract on web site and this one looks rather chunky

[rivaldo] 18/9/2023 14:28

The Calor Ireland contract win looks very tasty:



"CALOR IRELAND – Major system upgrade TO OPTIMISE DELIVERY AND BOOST CUSTOMER SATISFACTION
13 September 2023

CALOR IRELAND – Major system upgrade TO OPTIMISE DELIVERY AND BOOST CUSTOMER SATISFACTION

14th September 2023, Manchester UK – Touchstar client Calor Ireland make a further significant investment in ‘Fuelstar’ system

About Calor

Every day, Calor supplies LPG, BioLPG, LNG and Autogas to its customers: homes and businesses off the mains gas grid. Calor provides an energy that is easy to transport, store and use, which has many versatile uses, and a limited environmental impact compared to popular alternatives.

Calor Ireland are the leading supplier and distributor of Liquefied Petroleum Gas (LPG) in Ireland, allowing customers who are located off the natural gas grid use LPG gas for power in their homes and businesses. The company is expert in LPG procurement and commissioning, bulk gas storage, cylinder filling and storage, LPG transport and delivery, installation and maintenance. The company also actively develop and innovate new LPG powered products such as the Calor Mini-BBQ and new lightweight cylinder.

Calor Ireland employ 284 staff in 6 sites located throughout the island of Ireland serving circa 50,000 customers across residential and industrial commercial sectors.

etc"

[cocker] 13/9/2023 22:06

Reading companies house information it says 100 % is in administration, wtf. However, Calor Ireland new contract on web site

[cocker] 13/9/2023 13:30

100 % plus logistics selects pod star, long overdue contract news!

[russman] 12/9/2023 05:46

fuelsoft ltd would be a suitable purchase.

[dolittle1] 11/9/2023 14:14

Correction RNS on the trade and other payables now issued

[smithie6] 07/9/2023 21:39

But perhaps also an element of excitement, no ?

A small acquisition in USA, Brazil, Europe, Asia, of a company with sales outlets for TST type products; that would be exciting imo, for example. While yes, if it was for £2.5 million the acquired company would surely not be very big.

[varies] 07/9/2023 20:54

it is not surprising to see a little weakness on these results after TST's good run this year but the results look satisfactory to me.
It does look as if some of the £2.5 million cash may be spent on an acquisition soon. This prospect introduces an element of uncertainty as does Mr Martin's intention to retire.

[smithie6] 07/9/2023 20:01

Trade payables normally does "not" imo comprise movement in trade creditors

But

Is a report of the trade creditors !!..as the line entry says !!!

You have to compare with what it was previously if you want to know the movement/change in that amount.

(Your point about 860k versus 60k might be correct; I haven't looked, ..since the numbers looked good to me)

[leading] 07/9/2023 11:06

Cash flow statement doesn't add up (literally).

Trade & other payables line should be (860) not (60) and comprises movement in trade creditors and contract liabilities.

Big seasonality in cash flows.

[hydrus] 07/9/2023 09:09

Good opportunity to add a few more so I've done that.

[cocker] 07/9/2023 07:54

Decent results, but feel as if I wanted more. Share buy back at todays share price leaves around only 75,000 shares to be bought this year now.