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TGL Transglobe Energy Corporation

295.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Transglobe Energy Corporation LSE:TGL London Ordinary Share CA8936621066 CMN SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 295.00 280.00 310.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Transglobe Energy Share Discussion Threads

Showing 8776 to 8797 of 8800 messages
Chat Pages: 352  351  350  349  348  347  346  345  344  343  342  341  Older
DateSubjectAuthorDiscuss
24/2/2024
13:59
hedgehog,

The future is certainly looking a lot brighter either way. Would like to see an IPO within the next couple of years and/or a possible offer by one of the larger AI tech companies.

1399peter
24/2/2024
12:41
Thanks for flagging up that useful article, Peter.


"Analysts’ Report Suggests Quantinuum’s Potential Valuation Could Reach $37 Billion

Matt Swayne September 7, 2022

... In a paper acquired by The Quantum Insider, Vertical Research Partners reported that, based on their assumptions and projections, the discounted equity value of Quantinuum could reach circa $37 billion within a decade. Taking into account of Honeywell’s 54% ownership, that would mean a value of about $29 per share of Honeywell, a figure, the analysts added, that would equal to about 15% of Honeywell’s total equity.

In a decade, the analysts who authored the paper — Jeffrey T. Sprague, Nick Lipinski and Jeremy Ziobron — point out that the undiscounted terminal value of $95 billion would match the higher level of some of Honeywell’s valuation comments, which range upwards to $150 billion.

... Still, while critics of current valuation estimates for quantum startups are derived from perhaps overly optimistic venture capitalists, this analyst valuation exercise offers a degree of credibility to the future potential of quantum technology and quantum technology firms. Sprague is Vertical Research Partner’s managing partner and is well-respected financial analyst who has been covering Honeywell for decades.

$1 Trillion Worth of Use Cases

The valuations are heady but the projections are based on what could be an addressable market that would be worth trillions spread over a number of industries.

By 2050, Honeywell expects a $1 trillion in use cases for quantum and Quantinuum could address more than half — $550 billion — of that total addressable market.

... “PAST 2030, HONEYWELL PROJECTS THEIR PRODUCTS AND THE TECHNOLOGY ITSELF TO BE TRANSFORMATIONAL TO EVERY INDUSTRY VERTICAL.” ..."

hedgehog 100
24/2/2024
12:06
Just bear in mind the "optimistic" valuations mentioned by Honeywell in the article I posted. $150billion would work out close to 80p. It could also be well out of date by the time an IPO happens.
1399peter
24/2/2024
09:47
Good luck Plaza, keep us posted.
mark10101
24/2/2024
01:58
Hey Peter & Mark.

Thanks to you both for your replies to my question.

I have just emailed Charles and offered him my 2.5 million shares. I was going to say 2p but then I didn’t want to potentially cut myself short, if Charles knows a lot more than we do and the 2p is a steal. So I’ve given him the opportunity to set a price but warned about not being desperate that I would accept anything.

I don’t have anything to lose and who knows, if he does know more than we do, the carrot might be to tempting. It will not stop him offering peanuts but I guess any conversation at this stage is a bonus right?

I will not be holding my breath of a reply. I have emailed Charles in the past and never received a reply, but if we do not try and all that……

Thanks again to you both and if I do get anything back I will of course share it in here.

Have a great weekend guys

Plaza

plazapokerpro
23/2/2024
18:18
Peter, good find. True, relatively early days for Quantinuums valuation and we are a few years on from that article. Let’s hope it continues to grow and offers benefits to long term share holders.
mark10101
18/2/2024
14:41
Plaza,

It might be worth trying a broker or ii connected to Honeywell. Other than that you could always contact the vulture listed below and tell them how much you want for them.


Charles Goodfellow at peterhouse capital. Cg@peterhousecap.com"


Personally I wouldn't bother. You have waited 10yrs already. If you are worried that you won't last to see any benefit (you're not the only one lol) then consider putting them in trust for someone else or gift them to someone now.

You said you have approx 2.5m shares. Tell them you want 2p a share. See what they say.

1399peter
18/2/2024
14:25
Thanks Peter, I will give that a try.

Plaza, unfortunately the company has only reached out with very low offers for the shares we hold. The good news is they are not seen as worthless and hopefully that value offered is because they know we have no other choice. Hopefully with the recents news our shares are worth more now.

mark10101
18/2/2024
14:14
Hey peeps,

Same old Plaza here. I hope everyone is in good health and the recent developments have certainly got us stirred up with anticipation lol.

As you all know, I am the least intelligent when it comes to these types of things. So with that, can I ask, is there anyway for us to advertise our shares in said company, so anyone who might be interested in taking a risk could potentially buy the shares from me or us, you know a bit like eBay but for shares or bonds.
It might be the perfect time to get shut of the shares and move on for me personally. I just do not know if something like that exists.

I can’t believe it’s coming up to 10 years already, that’s insane with no return.

Anyways, enjoy your Sunday fella’s and good luck to us I guess.

Plaza

plazapokerpro
18/2/2024
13:56
Mark,

I assume you already have the one below. Not that I had any luck with it.
They replied to me when I contacted them through the GOS website though.

trevor.wells@stanhillcapital.com

1399peter
17/2/2024
12:38
Does anyone have Trevor Wells’s email address for intelicrypt tactical solution?
mark10101
16/2/2024
16:21
Yes, I remember those days when Idris would actually email and call. I have written to him a few times since with no reply.

I just find it a bit ridiculous that we have to chase these people who ultimately have our money and they don't feel in slightest bit obliged to tell us anything.

1399peter
16/2/2024
13:33
Thanks Peter, I wrote to Idris and Richard, Richard’s email no longer exits but Idris’s seemed to go through OK. I also wrote to Waseem at Stanhill. Both last night, so will see if I get a response. I dealt with Idris in 2019 when I had a list of question that they answered for us.
mark10101
16/2/2024
13:10
Nothing yet Mark.
1399peter
15/2/2024
21:45
Hi Peter, any luck?
mark10101
12/2/2024
14:30
Thanks HH, pretty much in alignment, definitely looks like we are in good enough shape to relist, hopefully Peter makes some progress with the Company.
mark10101
12/2/2024
13:39
Hedgehog 100 29 Jan '22 - 12:26 - 8394 of 8482 Edit 0 0 0
" ... So it appears that ITS's GOS Systems has just had its third consecutive year of profit, i.e. 2019-2021. ..."



That was the latest GOS profitability info. posted on this thread. (And the last GOS Systems AGM was in January 2019.)

But it seems reasonable to think that 2022 and 2023 could well have been profitable as well, which would make five consecutive years of GOS Systems profitability.

And we (i.e. ITS, formerly TGL) own GOS Systems 100%.

So a pre new money valuation of say c. £10M. for GOS could equate to say c. 1p per ITS (TGL) share diluted.


In contrast, we have a much smaller percentage of CQCL-Quantinuum, but it has a much larger valuation, to balance that.

We could have up to say c. a half of a percent of CQCL, so if CQCL was valued at c. £2Bn., this could also be worth up to c. £10M. to us.


So as you say Mark, this could add up to c. 2p/share now.

Which would represent a multibagger from the suspension-delisting share price of 0.525p.


And I would agree that the share price of CQCL looks like it has probably risen by somewhere in the region of c. 100-fold since we acquired our stake in June 2015.

23/06/2015 07:30 UK Regulatory (RNS & others) Touchstone Gold Limited CQCL investment LSE:TGL Transglobe Energy Corporation


There's a satisfaction in that fact alone, i.e. probably being part of a c. 100-bagger, albeit indirectly.

And congratulations and thanks are in order to Ilyas Khan, for creating such a great British success story as CQCL.

If Quantinuum was listed in Britain at its latest valuation, it could be in the FTSE 100.


It's been a long wait, of nearly nine years, since TGL was suspended, but it looks like we are now on the home straight, relatively speaking, towards a return of some sort.

hedgehog 100
11/2/2024
21:14
Peter, it has been totally out of our hands for such a long time and it is not a fair world. But I at least take comfort that my decision at the time was right to hold into suspension for the potential of CQCL. A £250k stake is now worth £150m ignoring dilution. So an east 20x from when we took that decision.

🤞🏻 this comes good for us all.

mark10101
11/2/2024
19:00
As you mentioned Mark, hopefully a bit like a pension. If Quantiniuum is valued at $5b now, who knows what it could be worth in a few years time. If ITS can hold onto our stake in Quant, we could be looking at a lot more than pennies.
1399peter
11/2/2024
14:33
Thank HH, feels right to me that our share could be worth 2p ish now. Let’s hope this recent news unlocks an exciting future, GOS itself could be perfectly position for what is likely to be a hot topic of cyber security going forwards.
mark10101
11/2/2024
14:24
"January 16, 2024

Honeywell Announces the Closing of $300 Million Equity Investment Round for Quantinuum at $5B pre-money valuation

JPMorgan Chase, Mitsui, Amgen and Honeywell make investment to support Quantinuum’s growth and innovation"




"Honeywell Announces the Closing of $300 Million Equity Investment Round for Quantinuum at $5B pre-money valuation

January 16, 2024

Source: PRNewswire | News Provided By Honeywell International Inc.

JPMorgan Chase, Mitsui, Amgen and Honeywell make investment to support Quantinuum’s growth and innovation

‍CHARLOTTE, NC January 16, 2024 – Honeywell (NASDAQ: HON) today announced the closing of a $300 million equity fundraise for Quantinuum, the world’s leading integrated quantum computing company, at a pre-money valuation of $5 billion. The round is anchored by Quantinuum’s strategic partner JPMorgan Chase, with additional participation from Mitsui & Co., Amgen and Honeywell, which remains the company’s majority shareholder. This investment brings the total capital raised by Quantinuum since inception to approximately $625 million.

This capital raise represents Quantinuum’s first equity funding round since Cambridge Quantum Computing and Honeywell Quantum Solutions merged in November 2021. The funds will be used to accelerate the path towards achieving the world’s first universal fault-tolerant quantum computers, while also extending Quantinuum’s software offering to enhance commercial applicability. ..."




Thanks for flagging up this very positive news Peter.

Yes Mark, I'm more optimistic than ever after this that we should get back something quite significant here.

CQCL had 45% of Quantinuum, so that's 45% of a pre new money valuation of US$5 billion: i.e. US$2.25 billion: equating to c. £1.785 Billion.

As regards our share of this, see this extract from my 12th. December 2021 post above:-

Hedgehog 100 12 Dec '21 - 11:32 - 8385 of 8476 Edit 0 0 0
" ... As at 31.12.20 ITS still retained c. a third of their original holding: with dilution this could be up to say c. a half of a percent of CQCL.
If CQCL was valued at c. £1Bn., this could be worth c. £5m.
Say c. 0.5p per ITS (TGL) share diluted.
+ ITS has its GOS Systems asset."


For comparison, remember that TGL was suspended at a price of 0.525p/share (on 1st. July 2015!)

hedgehog 100
11/2/2024
14:15
Hedgehog,

I think they're already making asses out of us, so I'm not too concerned if my assumption is incorrect. I hope it is but seeing as they weren't very forthcoming the last time they sold part of the cqcl stake. I'm confident they'd do the same again.
I'll gladly eat the humble pie if I'm wrong though.

1399peter
Chat Pages: 352  351  350  349  348  347  346  345  344  343  342  341  Older

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