Tp Share Discussion Threads

[paulgo] 01/7/2016 09:23

....alternatively, just set light to a £50 note.

[supernumerary] 30/6/2016 20:41

ricardo - if that's what you fear most, go and see your local bookie - I don't know what the current odds are on Corbyn becoming PM, but I imagine they're pretty long, so £50 might give you a nice little hedge ;¬)

[ricardo125] 30/6/2016 20:27

Not one to speculate but imagine if corbyn sits out, this all out attack by the establishment and gets his hands on no10. That highly speculative scenario could result in hmg investment in subs being permanent and could possibly see the end of the subs business and tpg with it. Choppy waters ahead here imo. Just hoping they can chart a course through this short term and they get a share price spike so i can finally sell out.

[cerrito] 30/6/2016 17:39

Good that Mr Kings continues to buy; one consequence of falling tax revenues over the next year or so could be a delay in HMG investment in new fleet of subs

[zcaprd7] 27/6/2016 10:18

Understand now?

[zcaprd7] 22/6/2016 22:02

If there is a brexit, there will be a few bargains around on Friday...

[timojelly] 21/6/2016 16:26

Don't really understand that.

[zcaprd7] 21/6/2016 13:54

I'm out. Been a weary long term holder. 50 percent loss... Expect to use the cash in a brexit day massacre on Friday. Might be back...

[zcaprd7] 21/6/2016 12:39

Probably a gentleman's agreement with his salary negotiations I'd say...

[bullster] 21/6/2016 12:36

Derren Stroud only joined the company in March '16.

He has bought in 3 tranches costing him around £18,000.

Not a piddling amount over his first 4 months, i'd say.

[zcaprd7] 21/6/2016 12:12

They've not spent a lot have they. Interesting timing though?

[timojelly] 21/6/2016 11:19

Bring it on...

[pavey ark] 21/6/2016 08:47

Directors buying always puts me in a bit of a dilemma, on the one hand it means that the people who know most about the company are confident about it's future and on the other hand no big news is likely in the short term.

Certainly the directors here are digging into their own pockets and Simon Kings has spent more on shares in the first half of this year than his entire take home pay for the period which does look good (I'm not suggesting he doesn't have other sources of income or that he had to scramble around for the money).

The downside is that I doubt if we'll get a trading update at the end of the month but it is AIM so who knows ?

One possibility is that they are pretty confident of a MoD(or similar) announcement soon and they could reasonably say that they did not know it was coming nor could they be seen to have any influence over it,or as I said, they are just very upbeat on the prospects for TPG.

One little snippet was this from the chairman the other day " and senior management team that is equipped to drive the continuing growth of the business."
May just have been his choice of words but in a glass half full sense there could be something there.

Cameron has said Brexit would have implications for defence spending so perhaps things are on hold until the issue is settled but the management here appear unconcerned.

[timojelly] 21/6/2016 08:18

Board happy then. Tick tock.....

[ricardo125] 16/6/2016 11:12

Sad to see the demise of the old corac but was to be expected. Seems like the well paid staff have enjoyed many years there without acheiving much. Probably best to gradually close it down. As for the remaining business left extra top heavy management costs will continue to be a drag. Just a case of trying to get out at the best price for my remaining shares.

[cerrito] 14/6/2016 18:03

As the RNS came out so early guess it must have been a short meeting and I was half expecting a trading update.

[cerrito] 13/6/2016 16:43

I now cannot make it to the AGM tomorrow..too bad and I look forward to any comments from those who can make it. Gone through the AR and to me it is clearer than it has been in times past but apart from the Submarine business difficult for me to get a concrete vision of what will be the revenue and profit drivers in 16. Also what needs to happen before the loss of TPG Design and Technology which was £2.8m last year is at least eliminated.
Given that other intangible assets represent almost half of book net worth, looked at these but difficult to get a feel of what is going on. Good that for the Goodwill section-25% of book net worth- despite increasing the discount rate from 10% to 12% and cutting the growth rate they saw no need to make an impairment.

[septblues] 10/6/2016 14:32

Sharesoc has published recommendations on how to improve AIM and protect PI's

hxxp://www.sharesoc.org/aim-campaign.html

we could have done with some of this in Corac / TPG

[ricardo125] 09/6/2016 18:57

Up to 7-8p or down to 1-2p. Place you bets.

[timojelly] 07/6/2016 16:35

Just re-read Eddison research note from end April, cracking. Just need patience.

[pavey ark] 03/6/2016 23:13

Obviously TPG's cash must be considered when viewing this legislation and if additional cash is raised it would be for something very big.
I don't expect cash to raised so I'm not really bothered about it. Perhaps I should be bothered but I'm not.

(Website gives news of TPG exhibiting in Oslo)

I would be very surprised and perhaps shocked if anyone took my posts to be anything other than my opinion with hopefully a few facts that any sensible investor could/should check for themselves.

(Perhaps it would be a good idea if some read my post no.830)

[swerves1] 03/6/2016 17:40

I just hope PA's predictions here are more accurate than they were for Caza! If not, we could have similar failure ahead

[septblues] 31/5/2016 11:29

Pavey Ark

any change of law or regulations can never be considered as a bit of housekeeping/tidying excercise. It is a new legal set of circumstances which can be tested in courts of law. That was New Labour's approach to so many of their changes to treaties/laws/regulations and we're reaping the rewards today. Pre-emption rights were introduced for good reason and are still valid today which is to protect shareholders.

[pavey ark] 31/5/2016 09:44

Bullster, although I can't be certain, this looks like a bit of housekeeping/tidying up.

At the end of 2015 the company had over £7m in cash and a debtor/creditor balance of almost another million.

As the company is now almost certainly generating cash it is not unreasonable to suppose that the cash and near cash values are even higher now.
(It was pointed out that that due to the large contracts in ACI the cash component can rise and fall with advance payments being made or falling outside a particular reporting period but it is certainly safe to say the company has ample cash)

If TPG required to raise more cash by selling shares to a third party it would be for a rather massive acquisition and I think that would get everyone's attention.

PS: closer to the date it would be great to hear from anyone who plans to go to the AGM (a bit far for me)