Share Name Share Symbol Market Type Share ISIN Share Description
TP Group LSE:TPG London Ordinary Share GB0030591514 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 6.625p 6.50p 6.75p 6.625p 6.625p 6.625p 512,898 07:51:54
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 21.2 -0.3 -0.1 - 50.25

TP Share Discussion Threads

Showing 2401 to 2422 of 2425 messages
Chat Pages: 97  96  95  94  93  92  91  90  89  88  87  86  Older
DateSubjectAuthorDiscuss
23/8/2017
14:21
PA for the record yes I was invested in Corac and like you sold at a loss - thankfully I don't need to lose sleep over it. I susequently bought into TPG at below current price. In my posts over the years I was initially positive of the Cartmell regime, then I changed my view.
septblues
23/8/2017
09:07
Septblues, I don't think I have resorted to name calling and I must remind you that you brought me into this by suggesting that I would "attack" your post. I might also point out that your comment as to my "positive views" more than suggested an unreasonable bias on my part. Obviously you are entitled to your views but it should also be pointed out that your long term holding here was based round the old compressor business. It looks to me and I imagine most people reading your many posts over the years that you are resentful of the current management due to the fact that their actions repeatedly show what a mess the company was in. Your use of the £40m market cap and how Cartmell has somehow run the company down is remarkable to say the least. The simple inescapable facts are:- Without the very shrewd purchase of the Maritime business (£10m now worth £40m+)you would not have any shares from your long standing purchase in Corac as they would be worthless. Without the loss making contracts from Corac TPG would have been making excellent profits for years. From the Wellman purchase they have spun off a MS business and an Engineering unit which they are building up as I type. This management didn't take over a business to run,they built it up from zero and even less than zero when you consider the negative effects of the old DGC business.
pavey ark
22/8/2017
20:37
Septblues, I like to think I have a reasonable handle on things here but I now find myself baffled. (Give me a good, old fashioned troll any day then I will know what I'm up against.) Random, disjointed posts are difficult to counter especially when they seem to have little relevance or logic. Anyone who shares the views expressed in your post whould and should run a mile from TPG and any company run by Cartmell.
pavey ark
22/8/2017
19:55
PA "Unfortunately you lost money, you failed to average down" dont know where you got that from. All my shares were bought at a price less than today's price. My post was purely in relation to Dashc's "No it's not a separate venture. It's Corac renamed, from Corac Group to TP Group, using our DGC funds to finance an easy life of meetings and expensive lunches." and the management of that quoted legal entity for shareholders benefit on a cash in cash out or, funds flow basis.
septblues
22/8/2017
18:36
Septblues, I have no intention of attacking your post as it has all been said before. I'm sorry if you,Dashcroft 70 and others lost money in Corac and I can certainly point to similar disappointing investments I have made but I shouted loud and clear that this company was seriously undervalued and for almost a year shares could be bought at under 3.5p average.(July 2015/July 2016) At £40m Corac was ridiculously over valued and the legacy losses from the blue sky compressor project has continued to drain cash away. Without the losses from the compressor business Cartmell would have produced serious profits long before now. Unfortunately you lost money, you failed to average down, you failed to appreciate that the Maritime unit was worth much more than the market cap, etc, etc, etc. Cartmell has rescued this company with one £10m purchase and has put the company is the favourable position it is in today. I hold and hold at a price significantly below todays price. I held Corac in the compressor days but sold when it was obvious it was going nowhere. I bought back in and continued to buy as the old Corac sellers depressed the price to unbelievably low levels ....that was an opportunity that you and everyone else had. As far as my "positive views" are concerned I can only say that I have been correct in almost every aspect of this company and its progress. As I said before, I've made investing mistakes like everyone else but not here ...at least not yet !!
pavey ark
22/8/2017
17:48
Dashcroft70 perceptive comment Cartmell joined 28th Sept 2009 after the financial crash. Since then FTSE 100 has roughly doubled. It'll soon be his 8 year anniversary. Share price when he joined was approx 40p which on 100m shares was £40m market cap. Since then he's bought 4 businesses and closed down one project. Hardly speedy is it? The business we have today is the result of getting onto preferred suppliers lists and some cross selling and upselling - not to be underestimated. Since 2009 the company has raised capital a number of times, the last being £21m. c£40m in total over 8 years? The company today is valued at £50m on 750m shares @ 6.625p implying that the underlying business net of cash to be c£23m. Someone else can tell me how much capital they've raised since 2009. Directors emoluments in the 2016 A/R was £1.16m; 2015 was £0.86m. So over 8 years its ?........say £6m?. So the record is not good......... started with £40m, raised say £40m, directors paid say £6m, ended up with a business worth £50m. Or to put it a different way turned a share price of 40p into 6.65p We'd better believe what the institutions believe that Cartmell can replicate the Vega narrative and success when he was 10+ years younger operating in a pre austerity era etc. And I fully expect PA to attack this post because it doesn't match his positive views and style, and perhaps, do a bit of name calling such as troll, which isn't the case. I'm simply stating facts. I'm an investor, took up my rights and will remain an investor.
septblues
21/8/2017
09:42
I must admit that the recent fund raising did take me by surprise. With substantial cash balance and all the units of the business in good shape I expected a gradual approach. The acquisition in February was the way I thought the company was heading. The MS unit having been started for next to nothing was set up at the end of the 10 year MoD contract (its only contract)just enough time to get the new acquisition bedded in. The Engineering unit was also built up from next to nothing and has been transformed with new management and soaring order book. The dear old money pit that was Corac has finally been brought under control. With the the compressor unit no longer draining cash from Maritime and MS and Engineering definitely on the up I expected bolt on buys with the available cash but it looks like TPG was given a bit of a push by the tier 1 defence contractors and the MoD. This management has shown to be rather shrewd when it comes to acquisitions and I expect this to continue.Those who actually know something of the current situation will be aware that TPG have a bit of an advantage when it comes to negotiating these up coming purchases.
pavey ark
20/8/2017
22:52
In reply to FSE with "TP group is a separate venture and needs to be looked at that way" No it's not a separate venture. It's Corac renamed, from Corac Group to TP Group, using our DGC funds to finance an easy life of meetings and expensive lunches.
dashcroft70
20/8/2017
22:32
kilgallp, yes you are throwing good money after bad. There is no technical capability with TP what so ever. Just a bunch of over inflated egos who've sacked off their entire technical staff, moved to a small office to pretend to offer 'consultancy'. Just a tragic car crash of a company who've shoved our investment in their own criminal back pockets.
dashcroft70
20/8/2017
16:42
Mmm I wonder which one of the terrible 3 the first acquisition will try to fix ? Out of the 4 Divisions itemised in the 2016 Annual report 3 of them reported lower earnings than in 2015 the only one that improved was TPG Maritime which lucky for holders carried the other 3 Divisions performing badly.
buywell3
19/8/2017
16:27
cfro funding closed 27th July 1st acquisition expected 2nd half of the year.
septblues
18/8/2017
13:48
I was rather hoping that the first acquisition would have been made by now. Hopefully we will not have too much longer to wait as they have said a few weeks back that they were already in serious discussions with at least ten companies. Not forgetting they already had £10m in the bank before the fund-raising so it isn't the lack of money holding them back.
cfro
18/8/2017
08:05
Spend a little money please and liven up the share price
timojelly
11/8/2017
11:11
As I suspected it would things have gone a bit quiet on the news/acquisition front but things are certainly still moving forward. I regularly check on the jobs list on the web site and there is plenty of activity there. The most interesting thing for me is the number of top end jobs in the Maritime Unit. Although not as important as some posted recently I notice that they are looking for an assistant stock controller and this certainly suggest an increase in production. I had the old calculator out and looked at the Maritime orders over the last twelve months and then tried to workout the revenue for the current year (the £5.3m BAe contract I put £3m to this year, the £1.7m TKMS contract I put £1m to this year and so on). I make the current additional revenue to be £11m with the follow on orders from last year still to be added (i.e. work completed this year but contract announced last year or earlier), four months of the year remaining and the company only announces contracts of c. £500k so additional work could have been done. Although much of the attention has been focused on the fund raising and expansion of the other units I feel that Maritime is still very much on an upward path and should generate much cash.
pavey ark
09/8/2017
15:26
Roll on the first acquisition I say.
timojelly
08/8/2017
07:19
Thats good to hear Cerito! I would just like to have some exposure to what is happening at the next level down as I think this gives a good indication to the future of the company.
eastbutwest80
07/8/2017
16:41
For me you are right to question the management infrastructure eastbutwest 80; that said I would be v surprised if Kings or Cartmell left for another position and surprised if Stroud did the same; let's hope all three lead a healthy lifestyle..at the AGM they all appeared hale and hearty.
cerrito
07/8/2017
14:37
I have been thinking about the next tier of management as I am concerned that fundraising took place around stakeholder buy-in of Kings, Stroud and Cartmell. When you couple this with the prior announcement of share options to 'key individuals' I would be interested to know whom these options were for as my worry is based around risk management of Maritime and what the loss of the key individuals there would do for the rest of the business. £20m acquisition fund must have a decent management infrastructure to support it otherwise the risk is that you have a number of independant businesses with no commonality; are there group resources that will help to join up these businesses from a finance, quality and sales perspective?
eastbutwest80
04/8/2017
09:04
By recent standards this has been a quiet week but given the fund raising I don't think there would have been much chance of anyone taking a holiday. There may now be a breathing space then I expect things to move on at a pace. The three examples given in the shareholders circular are probably done deals and I expect a series of acquisition announcements over the coming weeks.
pavey ark
02/8/2017
10:30
Phil Cartmell reminds me so much of Cartman from South Park. It's hard not to keep referring to him as Cartman.
arf dysg
02/8/2017
10:28
TrentEndBoy (2357) "Tilton, then you must be a massive holder so to speak" I can hear Prince Philip chortling. I can almost see his twisted smile.
arf dysg
31/7/2017
18:28
Looking forward too some shareholder value being created here with all that cash and moving into profit. Aka north of 15p for a start. The take up in the offer by institutions is encouraging (knowing a lot more than us minions)
timojelly
Chat Pages: 97  96  95  94  93  92  91  90  89  88  87  86  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:33 V: D:20170823 17:35:45