Transglobe Energy Share Discussion Threads

[hedgehog 100] 18/5/2024 15:11

Plaza,

The $29 per share figure wasn't a figure for ITS, but for part of Honeywell:-

Hedgehog 100 24 Feb '24 - 12:41 - 8500 of 8517 Edit 0 0 0
"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. ..."
"

[1399peter] 17/5/2024 06:59

Mark,

You would like to think they would be looking after it. Lets hope so.

[mark10101] 16/5/2024 23:33

Hi Peter, as I understand it we still retain a significant interest in Quantinium. Earlier on they could use some of it to cover debt, now it is too substantial a holding to fritter away. Providing Quantinium maintains its value I am hopeful we have value tied up in here, that is in everyone’s interest to distribute. Remember IK has a substantial holding here also, so he will do well from it.

[1399peter] 16/5/2024 20:22

I don't think they have much interest in talking to their investors granted. I suppose you can draw some comfort from the fact that the company still exists. And there might be a very slim, wafer thin chance of getting something from our holding in quantinuum. If it doesn't get handed over to someone from Stanhill first.

[singray105] 15/5/2024 20:54

Thanks Peter.
Although at the back of my mind I'm thinking, why should they do us a favour at this point?

[1399peter] 14/5/2024 07:53

Intelicrypt are based in the same offices.

[1399peter] 14/5/2024 07:44

Stanhill Capital Partners
Second Floor Partnership House
Carlisle Place
London, SW1P 1BX

Tel: [phone]
Email: [e-mail]

[1399peter] 10/5/2024 09:47

Try writing to ilyas khan at stanhill capital. He might be able to shed some light. Most likely he'll tell you he has passed your email on to Idris and then you'll hear nothing. But worth a try all the same.

[singray105] 06/5/2024 20:43

Just wondering if anyone has received a reply from them, I would be interested if they were interested in making an offer for my shares.

[mark10101] 06/5/2024 08:13

Plaza, if you write in a similar style as above I am not surprised your email was ignored.

Not sure where you got $29 a share from, but 1-2p is very possible currently and could be more if Quantinium is eventually listed at an higher valuation and provides an opertunities to re distribute to ITS holders.

[plazapokerpro] 05/5/2024 23:17

So if the $29 a share is being written about, you’d think my email to Charles offering my whatever I have I forgotten again amount of shares I own that he’d snap my hand off for such a bargain. So with no reply to the email sent, it kind of tells you we are absolutely nowhere near close to anything. Which is a shame considering the almost 10 years of holding. Ahhhh well, back to my crypto addiction.

Stay Safe Y’all

Plaza

[mark10101] 05/5/2024 20:13

Read some of the posts above for the most valuable part. But as I understand it GOS is no longer a burden that it was. It was the main assets before CQC flourished like it did.

[divmad] 05/5/2024 19:41

Lol. Yes to all 4 questions?

[divmad] 05/5/2024 17:22

Any updates, anyone? Is TGL still a going concern, with paid employees? Does it have IP that is saleable?

[1399peter] 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.

[hedgehog 100] 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.” ..."

[1399peter] 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.

[mark10101] 24/2/2024 09:47

Good luck Plaza, keep us posted.

[plazapokerpro] 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

[mark10101] 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.