Toumaz Share Discussion Threads

[ianood] 01/5/2016 23:07

Nod, you are correct the funds are properly ring-fenced post Maxwell however, underfunding together with the low interest rate environment can have a monster effect on the state of a fund once the actuaries get going!

[nod] 01/5/2016 12:43

TD, I thought UK company pension funds had been ring-fenced under previous regulation. How can directors or shareholders take out hundreds of millions from a pension fund?The BHS property deals look extremely dodgy from what I read.

[the drewster] 29/4/2016 16:01

"I have to wonder why institutions invest in small British companies when directors have become so greedy and entirely focused on the short term."

Not just small company's Nod ... this article turns my stomach:

[nod] 29/4/2016 10:48

TD - to my mind, Sethill has always disappointed with his focus on FS DAB and his complete disinterest in Sensium. This was exemplified in the new TMZ web site after the reverse takeover.To be blunt, the directors take out every penny they can from profits leaving a loss for shareholders. I cannot see this changing. A few years ago, I made the point about TMZ/FS Directors very high salaries compared with company revenues and I got shot down by some angry IMG investors. Ignoring the Sensium side FS was loss making year after year because remuneration was far too high for the revenue and profit.I have to wonder why institutions invest in small British companies when directors have become so greedy and entirely focused on the short term.

[rollthedice] 29/4/2016 10:36

No need for apologies this has been a very frustrating share to hold.

We're not that far away from knowing where health division is going ~ will it be sold, a JV or knocked on the head as audio side cannot carry it, its own development and the new debt. Worst case scenario (IMO) is that they throw good money after bad, unless there has been real cash-generating progress, and go for a placing to fund continued development of sensium. If that happens I'm out for good.

[oldyellowhands] 29/4/2016 09:30

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[oldyellowhands] 29/4/2016 08:53

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[the drewster] 29/4/2016 08:39

They SHOULD be either cashflow positive, or about to be.
Confirmation might not be a bad idea on or before the AGM.
FS has been EBIT positive for about 12months, so is it yet sufficient to carry SV?

[oldyellowhands] 29/4/2016 08:29

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[duxy786] 28/4/2016 23:29

Fundamentally thr company is sound, thats all that matters. As the Google product news comes in, the traders will return no doubt.Added more today.

[krr13] 28/4/2016 21:23

Balls of steel. Fundamentally the company is doing well. Audio side is doing great. Just hope a deal can be done with Sensium.

[krr13] 28/4/2016 17:05

They are buys. Some are mine. Plus I was getting quotes for similar prices.

[niggle] 28/4/2016 16:20

A lot of those 'buys' look like sells.

[rollthedice] 28/4/2016 13:41

As many buys as sells & only down 0.25p... if there was really something bad coming the floor would have fallen out (imho)

[a2584728] 28/4/2016 11:35

Looks like there is something bad coming ?

[iamnoone] 21/4/2016 12:43

If TMZ go down the JV route, TMZ will need to do some serious due diligence on their new partner and the new partner will need to invest significant amount to prove they are serious. This does mean that the big boys like Phillips will need to be ruled out.

[the drewster] 21/4/2016 11:19

See, it's not all doom and gloom! ;-)

[the drewster] 20/4/2016 09:00

I'm not in the best place mentally with my TMZ holding.
I think AS and JA are amply rewarded for their efforts and significantly voerpaid when judged against what they have achieved to date.
The Sensium review offers hope, but I feel it would be much better if Steeves were still here to manage that review, as my confidence in the remaining board members is hardly at an all time high.

[adventurous] 20/4/2016 08:09

I see we have a new double act in play and under researched, best to do some revision ;-)

[buggy] 20/4/2016 07:24

OldYellowHands,

That voting was a great exercise in futility. Seeing that most of the shares are help by corporates it is hardly likely that PI will be in a position to get the CEO changed. May serve as an irritation to the management though if you put that point across during the AGM.

May at most give them a nudge that the PIs are not too pleased with how things are going. No sure though who will be better placed to drive this forward though.

My reading of issue with Sensium
I sincerely believe that the reason why Sensium has not progressed as much is because it has not been given the same attention as Frontier. Our CEO is from frontier, within the board of World DAB org, was the founder of frontier, so I believe his main focus has been on his baby, Frontier silicon. He spends that much time on Frontiers silicon related matters, jollies for World DAB etc that not much focus has been given driving Sensium forward. On occasions we have palmed of this responsibility to a half baked partner for whom this arm of the business is also secondary.
I suppose he is concentrating on what he knows but would have been nice to have an equally capable man leading the Sensium arm. Currently Sensium seems to be a sideline for TOUMAZ, instead of the lynchpin that we expected when we first invested.

[duxy786] 19/4/2016 22:46

See you are getting a lot of votes yellow, a well suited name may I add.

[oldyellowhands] 19/4/2016 21:04

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[1activeinvestor] 19/4/2016 19:26

I've made my views clear already in an earleir post. CEO needs to be changed out and the board could do with an overhaul for allowing the company to burn through the cash with no tangible outcomes. Shareholders' voices should be heard at the AGM.