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TRW Transware

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Transware LSE:TRW London Ordinary Share GB0030399934 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% - 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Transware Share Discussion Threads

Showing 376 to 397 of 600 messages
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older
DateSubjectAuthorDiscuss
13/11/2002
15:10
Is it just the transfer to AIM or something more sinister. The maths with this one just don't add up. Something is wrong somewhere.
bernieboy
13/11/2002
14:56
I should have looked furthre before commenting.
I assume it is because of the transfer to AIM.
Institutions dumping because they are not allowed to own AIM stocks?

gorwel
13/11/2002
14:52
Biomax,

Why the big fall on only 17k trade? Big sell coming through?

gorwel
09/10/2002
20:24
solid institutional holding

Major Shareholders ( 8 Oct 02): 35.74m 10p Ords - RBSTB Noms Ltd 8.63%, Nutraco Nominees Ltd 6.21%, Deutsche Bank AG 3.98%, Chase Nominees Ltd 3.78%, B K Raven 3.72%, K McBrien 2.28%, O C Cooke 1.66%, Other Dirs 0.79%.

biomax
09/10/2002
07:41
fiil me boots!
biomax
08/10/2002
07:15
What are profits and eps likely to be in 2003 though? Any forecasts available?
gzr
08/10/2002
07:08
Even after the proposed new share issue,
the share number will be about 45 mln,
and at price 8 p corresponds to market cap 3.5mln.

* Pre-tax profit (before exceptionals) up 6.7% to #2.10m - after head
office costs (2001: #1.97m - no head office costs)


Thus resulting in PE =1.8

strong BUY!

biomax
08/10/2002
06:39
even after dilution PE is 2,
strong buy

biomax
07/10/2002
22:22
strong resistance at 25 p

could triple from here

biomax
07/10/2002
22:19
Oh dear me. Same old fudge.
frankbutcher
07/10/2002
19:34
it won't, subject to shareholders vote at agm,

but they haven' got much choice but to approve,

could double from here

biomax
07/10/2002
19:06
I thought this company had been trading profitably for the last seven years, so could you explain why it should go bust now?
aquilla
07/10/2002
18:46
unfortunatly, there is no choise here, mate,

either the dilution and bounce to 20 ( even 40 p)

or going bust

I prefer the former

biomax
07/10/2002
14:52
These guys have had over £35m in the last 3 years to buy companies & set up businesses. They are already multi millionaires & this company was already in profit when they bought it.
They have done very well out of the shares & options & already have stakes in the company - this conversion is out of greed & not much else - shareholders have sufferred enough under their regime & this conversion is taking the p1ss.
I'm not sure you need to be a genius to blow £35m & buy a profitable company at full value barring Kieren McBride the other Directors do not have localisation backgrounds. I'm all for giving directors options & shares, but this timing is an excellent opportunity to dilute us & make a killing. imo

isis
07/10/2002
14:26
I fully agree it will incentivise the Directors - but they have already had a big bite of the cake in previous issues & I'm not so sure that all the Directors are an ssset to the company.
Raven & Cooke are basically entrepreneurs & know SFA about translating & localisation issues. Basically they want to take advantage of the low shareprice & get a nice chunk of the company ready to sell when the market turns.
Although we don't know the terms of the conversion yet, but at current levels it looks around 30%.

isis
07/10/2002
14:14
True, dilution is an issue, but in these small companies in such a poor economic environment its to be expected and it doesnt worry me unduly.

What is nice to see is that the directors put up most of the cash so have a big incentive in seeing the company succeed. A rights issue or similar would have placed little in the way of extra pressure on the management to grow the business.

Phil

the jitters
07/10/2002
13:10
Issuing convertable loan stock when the shareprice is at an all time low is a recipe for massive dilution to our detriment - the terms need to be looked at thoroughly & at current levels this could be 30%.
Also with the order book in access of £10m I'm surprised that they have any funding problems, but one good thing they obviously think the company is undervalued.

isis
07/10/2002
12:57
Not too bad on the whole. Some were bemoaning the lack of director buying, but we now see why. Good to see them putting their own money on the line to back the business.

The company must be worth more than £3m on the basis of what I read in the results today.

Phil

the jitters
07/10/2002
12:56
Although on the whole the announcement looks bullish, it seems they want to take advantage of the shareprice by providing loans for convertible preference shares.
Obviously the terms of this need to be looked at closely otherwise they will effectively obtain a large stake for very little - the very fact they want to do this means they know the company is undervalued, but should they be allowed to dilute other shareholders just because the markets a bit rough?
It would also be in shareholders interests if they gave a bit more information on their website regarding products & deals & perhaps they should consider inviting a newcomer onto the board.

isis
07/10/2002
07:18
So at least now we know why the shares have been hammered so much; lack of working capital. If we believe the statement they now have enough cash to pull through. We will just have to hope they do, they could be a great recovery bet if they survive. Epic are doing well out of the e-learning market.
gzr
07/10/2002
07:17
not too bad, could double from current price
biomax
07/10/2002
06:57
Bit of all three, but on the whole alot better than expected, and the share price looks low.
welshanalyst
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older

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