Tp Share Discussion Threads

[bullster] 03/5/2017 14:45

What was the brokers forecast, was it 11.4p.

Without that, the market makers would have been justified in taking it much lower, in view of the sell off.

[timojelly] 03/5/2017 11:50

I think boredom has set in.

[timojelly] 03/5/2017 09:03

Wowzers, didn't expect this drop. Off for a look under the sofa.

[prokartace] 27/4/2017 08:32

Just taking the mickey out of all the investors who jumped ship because they thought the share price had turned south

[septblues] 26/4/2017 21:23

I was told today that UK Shareholder Association hxxp://www.uksa.org.uk has a campaign underway on AIM Company Governance and NOMADS.

ICSA also hxxps://www.icsa.org.uk/ is concerned about governance on AIM and the way PI's are treated following the change in the law on premeption rights by the Labour Government.

Perhaps at last someone is listening.

[pavey ark] 26/4/2017 17:10

prokartace, can you explain?

[prokartace] 26/4/2017 16:12

so how many people were scared out at 7p? Hope you made a profit!

[pavey ark] 26/4/2017 12:06

A recent brokers update valued TP Maritime it at £40m (before the second MoD contract).
Things would need to go seriously wrong for it to be worth £30m.

The two recent brokers upgrade give a bottom line profit of £1.6m this year but with a "risk to the upside" and that with year end cash of £6m

Estimated year end share price is 9.5p with turnover of c. £30m but the brokers estimates were upgraded twice last year.

[trentendboy] 26/4/2017 11:06

Good work Pavey, my thinking exactly.

Still accumulating

[napoleon 14th] 26/4/2017 10:53

Not an ideal "stop loss" share. Too volatile. It's now bouncing back up!
kiwi - that's a very sane attitude; I try to practice what I preach:
sell half on a double & keep the rest for the ride.

[kiwihope] 26/4/2017 10:35

The share price is bound to move up and down a bit, particularly a non-profitable company like this which is still largely valued on future prospects. Those prospects do look promising but they will need to be executed well to justify the current price.
I have top-sliced twice and now have about 50% of my original holding. That is how I like to do things, not buy or sell all in one go.

Pavey is right that TPG could be worth more than the current £30M valuation, but also things may go wrong and it could be worth less. By selling half my holding at a good profit I don't care so much if the share price goes up OR down. That is a lesson I learnt some years ago...don't spend lots of time trying to work out if a share price is going to go up or down (because you never really know). Try and make it so you don't care, i.e. you've either bought some but have money to buy more if the share price drops, or, you've sold some but could sell more if the share price rises.

I personally think after the recent re-rating the share price will bounce around between 6-10p or so until the company actually makes bottom-line profits of £1M or so.

[pavey ark] 26/4/2017 09:30

I really hadn't been paying much attention here although it is my largest holding but the recent fall in the share price obviously caught my attention.
The reason for my lack of close attention was the fact that this is a very low risk investment (in my opinion)and I expected the price to bounce about 8p until the next leg up.
I spent some time last night looking mainly at TP Maritime and once again it is blatantly obvious that this business is worth more than the current market cap on its own(considerably more).

As the current market cap includes a lump of cash this makes thing even more distorted.

Happy to go through my figures with anyone who doesn't come up with the same conclusion but people should take a look.

Edit : Honest, I've just found this
"At the current market capitalisation of £35m, we believe the shares are significantly undervalued. We estimate that the highly profitable Maritime business is alone worth at least £40m"

This was written when the share price was 8.3p

[napoleon 14th] 25/4/2017 19:01

Other than the boredom of silence, I can see no reason for this drop.
6p looks possible.

However, if they announce another big contract, it's "be there or be square"!

[humphries1] 25/4/2017 18:31

Septblues try ADBLOCK+ and NO SCRIPT with NO SCRIPT you can block INTELLITXT.COM

[tday] 25/4/2017 17:48

B_I. Over the last 27 months the FTSE100 is, I believe,up just under 9%. My essentially AIM portfolio is up over 35%. Okay maybe the Footsie isn't the best index to compare performance, but nevertheless a few fund managers would be quite happy, with a similar performance.

Of course not all the shares have risen and some I have sold down and later rebought. Others I have held for just a short time including STM and KMK - both showing losses at the moment - and EPWN, MMH and WJG with nice short term unrealised profits, so far.

I am down on RCN but doubled up at 47p late last year (now 92p).However TP remains, by far, my largest holding. The others are XLM,TRI,REDD,RST,TST,TLY,SRG (now de-listed, but should make a profit when the company is eventually wound up. Lots of cash in the pot),UANC,LTG and EOG. A mixed bag but overall, many good shares. Hope that isn't boasting, but since you asked,just telling it the way it is. Of course the other great thing about many AIM shares, is the IHT relief if held for 2 years or more.

[arf dysg] 25/4/2017 15:36

Turn your monitor upside-down.

[septblues] 25/4/2017 14:23

how do i stop adverts popping up on ADVFN?

[trentendboy] 25/4/2017 11:54

Surprising drop off so soon after good news. Hmmm.

Hopefully it will break 10p sooner rather than later

[maurillac] 24/4/2017 17:38

bi i know where you are coming from but there are some buy & holds on aim eg sou !!! summ !!! and i well remember banking asos far far too early ....
atb
m

[tday] 24/4/2017 17:35

B-I. Thanks for your comment; each to his own. My fifteen or so AIM shares are doing nicely, many of which I have held for over two years. I wish ASOS was one of them, but I remember EK saying they were overvalued and should be shorted, when the shares were at 400p!