Tp Share Discussion Threads

[slicethepie] 22/6/2022 11:19

Probably the only one who knows where the bodies are buried. Carmell, mccree and the cenkos clown Warner need chasing they were clearly lying through their teeth

[thompsonminor] 22/6/2022 10:32

Something doesn't add up about the recently discovered Maritime legacy fixed-price contracts; specifically the need to adjust previous years accounts. Why the hell is Stroud still CFO since he was on the BoD when all these contracts were negotiated & signed off. He is a disgrace, but Ratcliffe still feels he needs him on board.

I also maintain that for as long as Lindsay remains on board (albeit as a NED) he won't be happy with his 2.6mill purchase of shares in July 2021. At today's price, he's sitting on a >£45k loss in value. Is his continuing presence an attempt to offset this loss?

The idea of a full takeover is appealing but having retained only a small handful of shares it's not exactly going to have me running to the fridge to open the finest Champagne!!

[terminator101] 22/6/2022 10:07

Oh dear. Maybe a little bit more complaining on this BB will help the share price recover huh. Alternatively take the blinkers off and understand that its a firesale.

[flotogo] 22/6/2022 09:46

JFTM. David Lindsay also cleaned up the accounts last year and put the skeletons on the table. Strange they extended his stay if things weren't as they seemed

[buywell3] 21/6/2022 20:45

PA has suckered you muppets into this POS over many years

The Marine business is now a concrete slab pulling this down deeper and deeper into the briny

Money losing contracts from olde agreements made at daft prices to get work -- the RN has moved on since and imo there is no way back --- new modern subs coming --- olde subs to go

This could now slide from the slipway into the dock of administration as buywell has posted many months back

ALL the pain now being caused by the Marine Division being badly holed


buywell has made this point for years and years as well as very recently ---
wy yu no wissen ?

SAG could by the rest for peanuts from the administrators --- thus averaging down in spectacular fashion

The next audited accounts could be made into a financial Horror Film --- money to be made ?







buywell3 10 May '22 - 10:20 - 10136 of 10202 Edit
0 1 2
Don't be silly

Things in these new nuclear subs are way different to what TPG Maritime did years ago

Which is why nobody wanted to acquire them

olde tat


Rolling Ronnie 10 May '22 - 11:13 - 10137 of 10202
0 2 0
"Don't be silly

Things in these new nuclear subs are way different to what TPG Maritime did years ago

Which is why nobody wanted to acquire them

olde tat"

You do come up with some un-informed cr*p :-)

[secretsqu] 21/6/2022 19:33

They were blocked access to look under the hood by TPG management.The rest is obvious.After having been invested in this since the Musgrave days, I blame myself for not taking 6p+ when it was available. I Feel for those still in here.Good luck.

[justiceforthemany] 21/6/2022 18:57

If this company is such a dog then (i) why did Science Group bid in the first place? & (ii) why offer 6p/share <12 months ago?

[fat00mch] 21/6/2022 14:29

Interesting shout, jftm.

Science Group's hands are tied for 12 months from their last purchase.

With TPG mkt cap at just over £15M - could they appeal as a target to an alternative party?

[septblues] 21/6/2022 13:58

Rat on his Cliff

[justiceforthemany] 21/6/2022 13:49

All time low share price Take over bids must not be far away.

[kwizza] 21/6/2022 11:14

What is going on here ?

[timojelly] 21/6/2022 10:59

Well, the Vaccines section of their website is still extensive.

[timojelly] 21/6/2022 10:40

SP destruction 101

[timojelly] 21/6/2022 10:38

What a mess

[flotogo] 20/6/2022 16:30

Is it not September the offer price elapses so they can make a new bid for the company? How low can they takes this before a generous pocket money offer appears

[fat00mch] 20/6/2022 16:07

Maritime's biggest UK customer is the MoD

....part of the £22 million framework contract previously entered into between TP Group and the MoD to manage equipment availability and provide spares for air purification systems, as announced by the Company on 3 April 2017.

[terminator101] 20/6/2022 15:39

"onerous legacy fixed price contracts in TPG Maritime".Oh dear, another massive loss headed this way soon then. No wonder it dropped like a stope this afternoon. #horrorshow

[fat00mch] 20/6/2022 14:15

Onerous contract. A contract in which the unavoidable costs of meeting the obligations under the contract exceed the economic benefits expected to be received under it.

So whoever the UK contract is with wants TPG to deliver at the cost originally negotiated.

Approximately £4.5m for ALL Maritime onerous contracts was Feb estimate (that's UK and International).

[flotogo] 18/6/2022 09:43

Next week would be a great time. A couple of rail strikes and a contentious by election should help these slide out unnoticed

[fat00mch] 17/6/2022 13:23

"The 2021 Group audit is well advanced and it is anticipated that the audited results of the Group for the year ended 31(st) December 2021 will be announced in mid-June."

Next week?

[blackhorse23] 07/6/2022 11:34

Shifted to MCL , could gain 300 percentage by next week

[cockerhoop] 07/6/2022 10:19

Our systems are platform agnostic and are in service with many of the world’s navies on:

Nuclear powered platforms
Air Independent Propulsion platforms,
Conventional diesel electric platforms.