Tp Share Discussion Threads

[timojelly] 17/5/2016 14:10

Come on share price ... 7-8p rerate please

[bullster] 29/4/2016 10:53

As buying picks up @ 3.75p an announcement could be in the offing.

[timojelly] 29/4/2016 09:09

I do like this sneaky slow climbing share price

[septblues] 28/4/2016 16:31

There are 500 + subs globally (ignoring submersibles). Presumably there's some refurb opportunites to stop the submariners asphyxiating themselves.

[pavey ark] 27/4/2016 21:23

Richyggg, my "analysis" of Caza was rendered rather pointless by the total collapse of the oil price.

I certainly failed to appreciate the severity of the price collapse and did not react quickly enough.As a result of MY INACTION I lost approximately 75/80% of my investment in Caza but as you know this would have been the case had I invested in any number of oil companies that were touted with great vigour on their BBs.
Caza was my one and only oil investment but I see you continued to buy/hold other oil companies which was rather bold.

Part of the reason so many oil companies folded was the debt they carried which simply could not cope with the price collapse and as a result I made a new rule that I would only invest in companies holding net cash.
(Caza had high debt which left it very voulnerable)
My new rule has restricted my investments recently and I'm not sure it is the best way to view companies but it is working well at the moment but who knows if I'll continue with it.
Always best to do your own thing but the downside to this is you really have to blame yourself if things go wrong.

Sorry TPG holders for the very off topic post.

[richyggg] 27/4/2016 18:04

How's your Caza analysis going Pavey ?

[pavey ark] 27/4/2016 07:32

No one is suggesting that this is an immediate boost to TPG in terms of cash payments but the french success does almost certainly guarantee a multi million pound revenue stream stretching many years into the future.
I appreciate that very few private investors look so far into the future but there is little doubt that this deal would add significantly to the value of ACI and obviously to TPG.

Design work on the boats would start almost immediately and staged payments to suppliers would follow but the french nuclear submarine upgrades/replacements appear much more advanced and Trident is certainly moving forward so there looks to be a very nice build up happening and in a time line that is to TPG's advantage.

Once again it is perhaps time for genuine investors here to take a moment and consider the almost surreal situation of a company the size of TPG moving in these circles and being involved in contracts of this size.

[timojelly] 27/4/2016 06:55

ACI worth millions.

[cerrito] 26/4/2016 22:58

An interesting article: I got to it as I want to know what the Labour Party's view is if they were to win the election and they do not seem to have an in principal objection but article also suggests that orders for TPG will some years away

[cerrito] 26/4/2016 22:58

An interesting article: I got to it as I want to know what the Labour Party's view is if they were to win the election and they do not seem to have an in principal objection but article also suggests that orders for TPG will some years away

[paulgo] 26/4/2016 21:52

Someone likes it....500k buy.

[33mick] 26/4/2016 17:01

Telegraphs take on news.

[33mick] 26/4/2016 16:59

26 APRIL 2016 • 4:06PM
Australia has awarded France a $AUS50bn (£26.5bn) submarine contract, the largest defence deal in its history, but the move has infuriated Japan.

Hailed as "historic" by François Hollande, France's president, the deal for the twelve new submarines went to part state-owned Gallic company DCNS, which beat rival bids from Japan and Germany.

[pavey ark] 26/4/2016 15:19

Septblues, yes over quite some time but if,as seems very likely,TPG get the contract they then have orders and a stream of revenue stretching for decades into the future.

[septblues] 26/4/2016 15:07

12 pieces over a period of time I gather

[pavey ark] 26/4/2016 14:59

Cerrito, I don't know if you have additional information or if you are referring to my post. I had contacted the company and expressed surprise that Simon Kings didn't mention the Ausrtalian submarine deal and the company responded that they would certainly be tendering and they had worked with all three of the bidders.
My own view, based on the news flow since I started buying here, was that success by the French would be the best deal for TPG but I certainly didn't have all the info needed.
I think that this deal looked increasingly a two horse race and my only slight concern was that the Japanese were closer to the Americans and could possibly have gone there but the French win is a great result.

This is a great result for TPG today.

So we have Trident, the new french fleet, Asian submarine arms race,this australian order and others.

Remember Simon Kings comment about the value to TPG is not just from the initial order but business generated over the entire life of the boat.


Kiwihope, slice it or dice it the enterprise value for TPG is very low and very close to £7m and the cash certainly cannot be ignored when you quote the market cap of £14m.
People should also remember that EBITDA is a very pertinent and valuable indicator WHEN APPLIED TO TPG but certainly not every company.

[cerrito] 26/4/2016 08:35

Yes good news both that the contract has been awarded(and I assume that if Labour win the Election they will not cancel it) and that the French have got it..dspite TPG telling us that they would have supplied the Japanese.
Long way to go and correct that that the share price has not moved and will be interesting to hear in the AGM about timing.

[33mick] 26/4/2016 08:21

and DCNS sub-contract ACI for the supply of oxygen production plants for the boats in the Barracuda class programme....so fingers crossed..fag packet calcs please..??

[septblues] 26/4/2016 07:43

France wins $50bn Australian submarine deal

[paul the octopus] 22/4/2016 10:43

it is here

[the prophet] 22/4/2016 09:56

definition is here:

[kiwihope] 22/4/2016 09:19

Hi Pavey,

I feel I must correct your last post but one. Technically enterprise value is not market cap minus cash. It is market cap plus total debt minus cash and cash equivalents. It is what cash an imaginary buyer would have to raise to buy the company. They would have to pay for the debt as well as the market cap.

[supernumerary] 21/4/2016 22:48

Yes, they really turned this one around, to the giddy heights of 3.5p. What would they have done if they'd really been trying? One dreads to think.

Yes, I ignore posts. Well spotted. My agenda? Have you lost it completely?

Cartmell bought shares irregularly over a long period, but I suspect most of them came when he had to get a financing away and was shamed into it by the IIs.

Good, we agree they were slow. I suppose that's a start.

As for why I waste my time and effort here, it's no effort, very little time and amuses me. Why do you waste your time publishing bulletins of your walks in the wetlands when a moment's thought would make it crystal clear nobody in the known universe had the slightest interest? As you say, it's a funny old world...

[pavey ark] 21/4/2016 22:04

supernumery,

"They" bought excellent companies, reduced losses year after year and turned the
company round.
"doing more or less nothing" have you lost it completely ?

So while you were obviously aware that Cartmell invested a considerable amount in share purchases you were quite happy to ignore posts to the contrary as this obviously fitted in with your agenda.

The purchase of shares by Cartmell were at regular intervals over six years which renders your post rather illogical but I don't suppose logical argument is what you were going for.

I will say that "they" were guilty of failing to act quickly enough on the money pit that was the dgc and the associated project but they have now.

It's a funny old world right enough.

Edit: I have just found myself back in this loop and I'm not getting into this again.
I am not saying TPG it greatest , safest bet out there but I like it a great deal and I have invested in it.
Once again I cannot fathom why anyone should invest time and effort in a company they no longer hold nor have any intention to hold.
There has to be a better way to spend your time.
I have lost money on shares but don't continue to dissect results looking for any possible negatives (real or imagined) nor do I look to blame others for my loss.

[shoulds] 21/4/2016 21:39

I just think that Corac had an idea of a product, the DGC that if they pulled it off would generated billion pound revenues (their recent, last two years ago words not mine) on the back of this they secured (most recently) more millions of pounds of investment, but instead of putting it towards making the product that would set the world of depleted gas well owners kicking at the door, they used it to buy some unrelated companies who made a small profit. I now believed they did this so those companies profits could offset the loses at Corac. However the new group companies do not make enough profit to counter act of the loses at Corac, I sold because I do not think (it's just at guess I'm no expert) that this will not change. I imagine at Corac with the cash they have left they are desperately searching for another unrelated company that makes a profit to keep their head above water for a little longer.

I'm not trying to deramp, I'm just sharing my view, the only shares I've done well in are the company I work for Smiths group, please make your own decessions