Transglobe Energy Share Discussion Threads

[mark10101] 31/12/2017 16:00

Hi HH, that would be my view, the next 6 months offers an excellent opportunity to return to market and focusing on that gets my support.

[1399peter] 31/12/2017 15:58

Cheers Hedge,

It would be nice to see that happening, lots going on at CQC by the looks of things as well. A stock market float would make sense as I would imagine they will require some funding for the next stages of growth. As long as it works in existing shareholders interests and doesn't dilute us out of the game.

[hedgehog 100] 31/12/2017 15:23

Intelicrypt should RTO 'back' to market next year.

And coincidentally, another small tech security company, the not dissimilarly named Identillect, RTOed to market in 2016:

"IDENTILLECT TECHNOLOGIES CORP.
Condensed Consolidated Interim Financial Statements
(Unaudited – Prepared by Management)
(Expressed in US Dollars)
As at and for the three and nine months ended September 30, 2017 and 2016

... On May 18, 2016, Quentin Ventures Ltd. (“Quentin”) executed a reverse acquisition (the “RTO”), by way of a three-cornered amalgamation of Identillect Technologies Corp. The shareholders of Identillect Technologies Corp. were considered to have acquired control of Quentin. Upon closing of the RTO, the Company changed its name from Quentin Ventures Ltd. to Identillect Technologies Corp. (the “Company” or “Identillect”) (Note 5). ..."



"Identillect Technologies Corp is a software development company that has developed an email encryption software solution."

Identillect's business and business numbers aren't dissimilar to Intelicrypt's (via Intelicrypt's ownership of GOS Systems).

And Identillect's current market cap. (at 30 CAD cents) is CAD$26.1M. (£15.4m., CAD$1.0 = £0.59).

Roll on 2018, which I predict will see Intelicrypt 'return' to market via a RTO, and before the end of that year trade at a market cap. in excess of £10M.


P.S. Thanks Peter. My speculation is that the company postponed the update to shareholders expected about a month ago because it is working on a RTO.

[1399peter] 31/12/2017 15:20

Good to see you're still around Hedge. I haven't had much in the way of return correspondence from these guys recently. Have you heard anything interesting that you're able to post

[hedgehog 100] 31/12/2017 14:31

Rajaster,

That post is not only monstrously stupid, but also libellous. I suggest that you retract it and apologise.

You are the crook: a stupid idiot peddling crooked lies.

P.S. At least learn to write properly before you post.

[rajaster] 29/12/2017 18:03

If they were publically listed..doubt we ever see. Penny back from these crooks.

[mark10101] 29/12/2017 17:58

Well another year down, hopefully they are finally gaining traction. Even half decent numbers would go down well with the market atm.

[singray105] 29/12/2017 13:41

So no shareholders update for 2017 then. When did they have their board meeting where they were going to discuss future strategy, any ideas?

[1399peter] 21/12/2017 20:20

A very relevant article

hxxp://www.msn.com/en-gb/news/uknews/gchq-says-uk-has-cyberweapons-that-can-cripple-hostile-states/ar-BBH5JnS?li=BBoPWjQ&ocid=mailsignout

[1399peter] 17/12/2017 14:30

Cambridge Quantum Computing to participate with the Quantum Communications Hub on a 2-year partnership research programme

13th December 2017: Cambridge Quantum Computing are delighted to confirm that they are participating with the Quantum Communications Hub on a 2-year partnership research programme, to build on an existing collaboration between CQC and the University of Cambridge for the commercialisation of a specialist quantum technology.


The Quantum Communications Hub is a synergistic partnership of eight UK Universities (Bristol, Cambridge, Heriot-Watt, Leeds, Royal Holloway, Sheffield, Strathclyde, and York), numerous private sector companies (BT, the National Physical Laboratory, Toshiba Research Europe Ltd, amongst others), and public sector bodies (Bristol City Council and the National Dark Fibre Infrastructure Service), that have come together in a unique collaboration to exploit fundamental laws of quantum physics for the development of secure communications technologies and services.

Led by the University of York, the five-year, £24m Hub aims to deliver quantum encryption systems that will in turn enable secure transactions and transmissions of data across a range of users in real-world applications: from government agencies and industrial set-ups to commercial establishments and the wider public. The project is part of a major national initiative, the UK National Quantum Technologies Programme, which aims to ensure the successful transition of quantum technologies from
laboratory to industries.



December 13, 2017

[singray105] 13/12/2017 19:08

Its a tortoise remember SI, and you expect to see something dynamic in the website in the space of almost 2 years?

[the stigologist] 13/12/2017 18:28

lol you stupid losers Hedgehog and Singray

[smart_investor] 13/12/2017 17:27

Has anyone actually spoken the the company recently? Last time I spoke to Trevor Wells was 2 years ago.

No change in the GOS systems website since I last looked.

[singray105] 13/12/2017 17:04

Hi HH.
You are joking I hope HH?
If TGL had performed as well as TERN back then I would have taken a big chunk of money out, at least half. I still regret not going 50/50 TGL/TERN, its just that with all of the positive RNS's that TGL were issuing after the GOS purchase I had completely convinced myself that this was a win win situation. I certainly still feel that us shareholders were misled by the company but I should have known better at the end of the day.

Tortoise, ohh my HH, even a dead tortoise is better than what we have seen so far here, TGL from 30p at issue, down to 0.5p @ suspension and now 2 years of being a de-lised company, and it seems to me that there is still not much light at the end of the tunnel unfortunately.

I was looking at AGQ the other day, clean company with cash equivalent or possibly higher than Market Cap, there are companies like this out there where we could do an RTO. My hope right now is that we either sell up, merge with another tech company or an RTO.

[hedgehog 100] 13/12/2017 14:42

Singray105 1 Sep '15 - 20:59 - 6491 of 7659
"Anyone also holding TERN? I had considered a punt over there last year when Stinkpig was slagging it off at under 2p, but never did buy any in the end, if I had been fully aware at the time how fantastic Stinkpig was at picking real winners when he slags a company off I could have done very well, close to making a new high today @ 21.5p & up 13%.
Us next! :-)))"







Singray,

I think I once detected a hint of regret that you had bought TGL rather than TERN.
Well, maybe TERN's 90% decline to its current level of 2.75p makes you feel better.

Remember the story of the tortoise and the hare.
Well it also applies to hedgehogs ...

[singray105] 13/12/2017 00:35

Yes lets hope that they have had a better year Mark. At least if they could reach the blinking £1m turnover it would be a start!!!!!!!

[mark10101] 12/12/2017 20:10

I think there was mention of that, very quiet on both boards I follow. Hopefully they have had a better year.

[singray105] 12/12/2017 19:35

Are we not due a update this month some time? Or is it in the new year?

[mark10101] 29/11/2017 09:15

Has anyone spoken to the company recently, certainly seems to be a very good time to get back to the market, even if we are acquired by somone else and receive shares. Fingers crossed, we have the right product at the right time, just not on the market atm.....

[mark10101] 12/11/2017 17:30

HH I agree and would be very surprised if a RTO is not in the pipeline, current market sentiment like this is not somthing to be missed imho.

[1399peter] 12/11/2017 17:11

Good to see CQC cranking it up another notch, very welcome news.

[1399peter] 12/11/2017 16:52

I certainly agree about the desirable traits....But we are still very much in the dark as to the progress Intelicrypt are making due the nature of the business and the details they can divulge, so I would find it difficult to draw a comparison with other companies in the same sector at present.

[hedgehog 100] 12/11/2017 16:47

ITS's icing on the cake is of course its stake in, and link to, Cambridge Quantum Computing Ltd.

Which just this week came out with this very exciting news:

"Cambridge Quantum Computing and Oxford Quantum Circuits Awarded Innovate UK Award

Cambridge Quantum Computing (CQC) and Oxford Quantum Circuits (OQC) are delighted to confirm that they have been granted an Innovate UK award as part of the UK Quantum Computing Initiative.

Pursuant to the award, CQC will lead the development of a compiler of quantum algorithms onto OQC’s quantum computing architecture. Additionally, CQC and OQC will jointly research applications best suited to the OQC architecture. As a result of the development of a quantum compiler and suitable quantum algorithms, OQC will develop and assess prototypes of different circuit layouts, working jointly with Oxford University. These strands will lead to a demonstration by the end of the project period that will last 1 year, of a well-chosen algorithm, compiled using the CQC compiler, and run on an optimal OQC circuit. It is expected that blueprints will be generated for quickly scaling up to a level at which device performance outstrips classical computers.

The first prototypes of the building block components of OQC’s quantum processor are already in development, and the team predicts that a state-of-the-art 9-qubit system will be achieved rapidly.

CQC is currently unique in having multiple engagements to design compilers for a variety of quantum computers using different approaches to generating logical qubits.

About Innovate UK

Innovate UK is the United Kingdom’s innovation agency. It works with people, companies and partner organisations to find and drive the science and technology innovations that will grow the UK economy. For further information visit www.innovateuk.gov.uk

About Cambridge Quantum Computing

Cambridge Quantum Computing is the world’s leading independent quantum computing company focused exclusively on quantum algorithms, quantum software and emerging quantum compilers.

About Oxford Quantum Circuits

Oxford Quantum Circuits, founded by Dr Peter Leek (Oxford) in June 2017, is developing quantum computers based on superconducting electric circuits. In order to perform any useful quantum computing, it is necessary to implement an architecture consisting of a large number of qubits, with couplings between them, as well as wiring to enable control and readout. OQC are working on a novel architecture that combines high coherence planar qubit circuits with 3D control and readout wiring to address the scaling challenge.

November 7, 2017"




Note that CQCL is the world's leading quantum computing company of its kind, and is unique in its multiple quantum computing engagements of their kind.

[hedgehog 100] 12/11/2017 15:01

08/09/2017 06:30 UKREG Polemos PLC Potential Acquisition and Suspension of trading
"Polemos is pleased to announce that it has entered into an agreement (the "Agreement") assigning to the Company the benefit of a binding term sheet to acquire 100% of the issued share capital of SecurLinx Corporation ("SecurLinx"), a US based cyber security company. ...
Hamish Harris, Executive Chairman commented " After an exhaustive search and investigation of a number of opportunities, we are very pleased to have found an opportunity which combines low capex, a very fast growing market, an experienced management team and an impressive order pipeline." ... "



Those desirable traits, i.e. low capex, a very fast growing market, an experienced management team and an impressive order pipeline, suggest that ITS should be seen as an attractive opportunity for a shell looking for a RTO.

And companies like Securlinx and Sophos show that a valuation of ten times sales or more is possible for tech security companies.

[1399peter] 12/11/2017 14:28

In most situation you could certainly say that most delisted companies do not return to market. But this isn't the same company......TGL is no more it's Intelicrypt now. So a return to market is more than possible, only if they can compete with the companies that are already capturing the market of course. That's where I see a problem. Generally once a company/institution has spent hundreds of thousands perhaps millions on a system and have those contracts in place it could be years before they are prepared to go through that upheaval and expense again. So getting yourself out there as quickly as possible with the right product is absolutely key.

Intelicrypt will need to grow rapidly if it intends to grab a reasonable size market share and become a bigger player