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TMZ Toumaz

2.125
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Toumaz TMZ London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.125 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.125 2.125
more quote information »

Toumaz TMZ Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 04/11/2016 08:47 by adventurous
Mirandaj - Thanks. I did do a search prior to posting, I must have missed it!! or its just been added as the market went live.

IG Markets automatically changed TMZ to FST in my watch list.

ADVFN did not.
Posted at 02/11/2016 03:53 by chillpill
Nod,

I'm not the biggest fan of AS but the old TMZ with its management would have gone bust. Katie Potts at Herald Investment Trust drove the Frontier deal.

If Google home gets good traction then from here TMZ shareholders should do well.

The share consolidation has purposely been timed with the Google home launch.
Posted at 05/10/2016 09:44 by life of crime
That is good news. If the Google Cast products do well over Xmas, it will set TMZ up for a strong 2017, as more Cast enabled products come out powered by Minuet.

As the CEO has said, opportunities are opening up in the States for the company thanks to Google which should bring a big boost to earnings. Because Google has a global reach, their relationship with TMZ could be very prosperous and I have a good feeling about the firm's future.

They remind me of IMG around 10 years ago, when they were in good shape and juicy contracts were lining up, but the share price was low because they were seen as all potential but no delivery, until they won the GPU slot for the iPhone. TMZ/FS are in a similar situation now, but if Google Cast products do exceptional business then TMZ's earnings will be transformed, as will the share price

2017 could be the breakthrough year and, if nothing else, it will be the first full year without the loss making health division. On that front, I hope TSC sell Senisum in the next 4 years for a thumping profit (for the price they paid, that would not be hard!), as TMZ will get 19% of the proceeds. It would be good to get some of that investment back over and above the derisory £1.3M TSC paid.
Posted at 29/9/2016 13:18 by rob_evans
I think the problem is with the word 'partner' meaning different things to different people.

I don't think TMZ's partners are in the same sense as Apple is a partner to IMG.

I think it is more that a partner is a company TMZ is working with to implement some functionality - such as Airplay with Apple.

Clearly some partnerships, such as with Google, are important to both companies - it remains to be seem just how deep the partnerships with Amazon and Apple are.
Posted at 07/9/2016 23:50 by nod
It was clear when Sethill took charge of TMZ that he had no interest in Sensium. He was using TMZ as a way to get back control of his baby. Within two months TMZ had acquired FS where founder Sethill had left or was ousted only months before.The new Toumaz corporate website was entirely Frontier Silicon, you would not have known there were two divisions. That continued for over two years with very little news on Sensium while we were informed of every presentation and coffee morning involving FS.Interview with Sethill in Electronic Weekly:"I founded Frontier with Imagination Technologies in 2002," Toumaz CEO Anthony Sethill told Electronics Weekly. "It was fabless and focussing on digital audio."Late in 2011, founder Sethill left Frontier Silicon. By May 2012, he was CEO of Toumaz. And two months later, smaller Toumaz had bought Frontier."Hossein [Yassaie] was on the board of Frontier and a non-exec of Toumaz," said Sethill by way of explanation – that is Sir Hossein Yassaie, CEO of Imagination Technologies.
Posted at 02/9/2016 14:59 by life of crime
"Harman Kardan"

Thanks Richard, the penny has dropped now. As for a takeover, I think that is a realistic option but I sincerely hope the BoD resist it, as I think the potential for organic growth to take the share price to 10p over the next 2 years is realistic. If we had an approach in the coming months then, even with a hefty premium, the offer will be in single digits.

The good news is that 40% of the shares are held by only 3 or 4 IIs, so an opportunistic bid can be blocked if they club together. By the way, re the Sensium sale, we know that if TSC sell it inside 4 years TMZ get 19% of the proceeds.

However, if TSC is bought out during that period, of which Sensium would be a part, would TMZ get some of the proceeds as well? I assume they won't, which would be an oversight, as any buyer of TSC would have to attribute a valuation to Sensium as part of the due diligence. Does anyone know the answer? If not, I may drop a line to the CFO.
Posted at 29/8/2016 08:22 by chillpill
I think they will go back to frontier silicon or some other name. I also expect a share consolidation at the same time.
The ideal time would be to vote it through at next year's AGM.

There have been many false dawns with TMZ but the sun does seem to be coming out.
The next 6 weeks should tell us a lot about the future of TMZ.
Posted at 21/8/2016 09:32 by life of crime
Nod, as per my previous post, I think the markets are waiting for TMZ to make good on their promises after the disposal of the healthcare division. The share price has been higher in the past because of previous promises that did not materialise, especially in the case of Sensium, so the markets naturally want to see the firm deliver before they give a re-rating.

The disposal of Sensium may be seen as a mixed bag by the IIs too. It's true that in the short-term they have lost a cash drag on the business so they should be profitable soon. On the other hand, the IIs can also see a potential long-term cash cow has been sold off for peanuts. FWIW, I think the share price could be multiples higher than its current lowly level over the next 12 months, provided Google Cast does well and if we get a UK DAB switchover, which could happen in the same timeframe. The Govt could certainly use the money from selling off the analogue spectrum and DAB listenership is now close to the 50% threshold that is supposed to trigger the switchover.

Even if they announce a 5-year transition for the DAB switchover, TMZ would feel the benefits immediately as radio manufacturers will stop making analogue sets straight away because nobody wants a product that is going to be redundant in a few years. Exactly the same effect was seen with the television switchover, with stores like Currys slashing the price of analogue TV sets to clear as soon as the switchover was announced.

It will also give a boost to the DAB conversion units for analogue car radios, as there are millions of vehicles that will be on the road for years that have sets that won't work in the future. If it is an expensive car, owners may just switch their analogue set for digital; I can imagine trade-in deals being offered by the likes of Halfords to boost their in-car DAB sales. All of that would be good news for TMZ's revenues, with their 80% share of the DAB chip market. I am definitely tempted to top up my ISA with the shares at their current 2p level.
Posted at 22/7/2016 11:03 by life of crime
I am disappointed by the Sensium news. £1.3M is absolute peanuts and TSC have got a steal. I don't see why TMZ could not have done a JV with TSC but it seems clear that the CEO sees the healthcare division as a distraction and if TSC was the only interested buyer, and TMZ were keen sellers, then they were never going to get much money.

Also, if they are only getting 3% then 2% royalties over the next 10 years, then why didn't they negotiate a permanent royalty of 1% because it is clear that it will be in 10 years plus that the patch will become commonplace. All in all it is a lousy deal and suggests TMZ just wanted shot of Sensium. I guess it is a matter of time before the firm changes its name to Frontier Silicon and CT steps down from the BoD.

Looking to the future, at least they can concentrate on the CEO's comfort zone and the prospects for DAB and smart audio do look promising. It is a shame Ed Vaizey was removed from the govt as he seemed a real champion for DAB but I still think it is a matter of time before we get to the 50% threshold and the DAB switchover is announced. Prospects for Google Cast are also promising and that was a major win for the firm. I am going to hang on to the shares and with the firm now more streamlined (as per IMG) and profitable we should see a move north in the share price If Google Cast does really well, we may even see 10p again. At that point I think I will sell most, if not all, of my shares and that is my target for the next 18 months. We can but hope!
Posted at 22/7/2016 09:31 by gnnmartin
I'm disappointed, but getting used to that with TMZ. At the AGM Sethill seemed to say that in the second half TMZ would be cash flow positive even with Sensium. I was very surprised, so asked if he really meant that, and he said he did. Hmmm.

Still, TMZ is surely worth more than 2p now. The strong dollar is a worry, but how much of TMZ's costs are really in dollars though? They seem to be moving into software. I hoped the dollar costs might be something our customers faced rather than us. If it hits our customers sales it still hits us, of course, but not a badly as if it squeezed our margins too.

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