ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

TSE Touchstone Grp

28.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Touchstone Grp LSE:TSE London Ordinary Share GB0003058137
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 28.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Touchstone Grp Share Discussion Threads

Showing 426 to 448 of 600 messages
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older
DateSubjectAuthorDiscuss
28/8/2008
14:22
Look's like jammytass's lift off has been delayed! We need some positive news soon to stop the share price drifting down.
ramu231
18/8/2008
12:52
jammytass,

When do you expect lift off? Thanks

ramu231
13/8/2008
18:10
This is the article from moneyweek taken from the vialogy thread.


One of Paul Hill's favourite small-cap tech stocks at the moment is Touchstone (Aim:TSE). Touchstone is involved in implementing business software, helping firms to be more efficient by handling customer information, cost control, and organising financial and customer data across an organisation. Clients include British Energy and Rolls Royce and organisations, such as the Bank of England.

Touchstone has teamed up with Microsoft to implement its business software system Microsoft Dynamics, which helps companies manage their finances, supply chain and customer relations. Sales of the system have achieved worldwide sales of more than $1bn, growing at a 20% annual rate over the last six quarters. The firm recently reported a 7% jump in like-for-like sales, with 30% attributable to its partnership with Microsoft.

However, the share price has more than halved over the last year, after recent contract delays and a fall in profit margins due to higher research an development spending. But these problems are temporary, says Hill – the result of the firm moving up the food chain and targeting larger contracts. On a forward p/e of 5.7, it looks cheap – and if the market doesn't take notice, it may not be long before the company attracts takeover interest, Hill reckons. The stock offers a dividend yield of 4.1%.

fund1
13/8/2008
17:17
get ready for lift off take over defo on the cards at this price defo 40% upside min
jammytass
12/8/2008
11:04
I think an MBO is far more likely than an external bid. The money has been invested in future growth and markets are at their gloomiest with p/e levels below five. The company announced a strategic review and these are exactly the conditions where MBOs become most likely as the directors and family have big stakes.
davidosh
12/8/2008
10:48
Another takeover in the sector in the form of NES this morning. Only a matter of time before TSE get taken over. Personally I don't really understand why bidders are so keen to buy all these companies if we are likely to enter a period of recession. You would think clients would be cutting back on capex during this period.
nickcduk
12/8/2008
10:40
Further moves today.
weatherman
11/8/2008
12:55
lots of activity today. Any idea what date the AGM is in September ?
davidosh
08/8/2008
11:51
Thanks Stegrego....will try to find it
davidosh
08/8/2008
11:49
Mentioned in Moneyweek - thats why buying
stegrego
08/8/2008
11:40
Anyone going to the AGM ?
davidosh
08/8/2008
11:40
There is some buying this morning... Has it been mentioned in Investors Chronicle or somewhere ?
davidosh
24/7/2008
08:18
With £31m turnover and historic margins of 10% this company has to be worth a minimum of £20m or around 160p. imo
weatherman
24/7/2008
07:36
weatherman....Agreed. It looks like that may have encouraged the two potential takeover candidates to come and enquire about the business. I must admit that the strategy review I had seen as another term for suggesting an MBO or takeover were the likely outcome. On this low rating and with the Birch family having such a large holding something could happen very quickly of course.
davidosh
24/7/2008
07:16
I am surprised the company has not announced the results of the strategic review.
weatherman
23/7/2008
07:47
Some comment over on TMF
davidosh
23/7/2008
07:30
The strategic review was expected to throw up a bid by management to do an MBO at the price of around £1.40 as the share price was then £1.15 in February ...Now we are told takeover approaches around that time valued the company too lowly so you have to ask management ...What was the strategic review outcome and at what price was the indication for the bid ? At anything around £1.40 we as shareholders would probably accept the deal or if management want the company offer the same terms and get on with it. The current share price is just over four times this years forecast earnings so a deal should be able to be done.
davidosh
23/7/2008
07:24
Rejected takeover approaches as being too low. Software sector is full of bids at the moment. SSP went today. Wouldn't be surprised if bidder came back with an offer for TSE. Managed to pick up 5k this morning at 80p. Quite chuffed considering it was 7p inside the offer at the time.
nickcduk
08/6/2008
12:41
TSE was plugged in the IC on Friday as a takeover target. More likely a management buy out I think, but we are awaiting news of management report on improving shareholder value.
weatherman
28/4/2008
10:20
They are mentioned at the base of this piece over on TMF and there are a few others worthy of research there too



Interesting that the IC tipped them exactly a year ago at £2.09 so I guess having not changed as a company with prospects and order book it really should be looking at them again as a follow up story.

davidosh
28/4/2008
09:18
THis is interesting to see a bit of life on yej share price here. Did anyone see if it was an IC article which sparked Fridays rally? Seeing it up another 9p today may hint at something better than a short lived IC rally.
simso
25/4/2008
07:40
It must have been tipped somewhere surely and as it is Friday I am guessing Investors Chronicle !!
davidosh
25/4/2008
07:24
A bit of early interest here today.
tole
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older

Your Recent History

Delayed Upgrade Clock