Tricorn Share Discussion Threads

[charo] 16/11/2020 10:07

Add these provisions to interims and sadly tricorn is insolvent.Sell or close chinese and usa operations for what can get and maybe maintain uk.Unlikely to receive shareholder support without these measures.

[pugugly] 16/11/2020 07:59

now we know why Lee departed - Not good news.

[pugugly] 23/6/2020 08:00

Interims - About as bad as expected - Expect a markdown however - Still very poor forward vision (imo)

[joerog] 27/5/2020 21:10

I think this looks like good value and a good chance for good gains if held. It hasn't recovered at all from its 'Covid hit', and I know it isn't clear yet how it will be affected, but i think the drop is overdone.

[pugugly] 27/5/2020 14:34

Now why suddenly up by 10% No news??

[pugugly] 03/3/2020 12:16

Still got a major holding but why sell and at placing prices a well - negative message unless he needs £97K in a hurry.

"The Company has been notified that Roger Allsop, a Non-Executive Director of the Company, has today sold, in aggregate, 975,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at 10 pence per share.Dated 25th Feb.

Following this sale, Mr Allsop has a notifiable beneficial interest in 16,847,857 Ordinary Shares in the Company, representing approximately 34.23 per cent. of the Company's issued share capital.

Loks as though must have bee off market as nothing laike that number of shares marked as changing hands during all of January and February - Assuming ADVFN datga correct

Hummmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

[pugugly] 17/2/2020 07:09

However from Volex this morning
"Statement Regarding Situation in China - Update

Volex, the global supplier of complex assemblies for performance critical applications and power products, today provides an update on the current situation in China.

Following the Company's announcement dated 10 February, we are pleased to announce that all of our four sites in China have now resumed operations, albeit at a reduced capacity."

Could be indicative of possibly improved position here ?

[pugugly] 16/2/2020 10:37

World Athletics Indoor Championships in Nanjing (13-15 March 2020) to postpone the event to March 2021.


ok - however no news yet on impact of CORVID-19 on our JV plant and any (if any) impact on sour supply chain? Anyone know if the plant is the sole producer of any critical components or just a 2nd source (all-be-it possibly less costly)

[zipstuck] 12/2/2020 07:50

The impact of Corona Virus is more likely to be felt in their markets as a result of reduced global growth as indicated by the fall in commodity prices.

[pugugly] 05/2/2020 17:05

If applying for excess scaled back by approx 56.774% -

[pugugly] 27/1/2020 08:14

Corona Virus - Possible impact? on Chinese JV? Nanjing is 280 miles from Wuhan -

his appears to be an initial press announcment July 2013 re location .

Today's news re Corona virus and potential impact in Nanjing

[galaxy enforcer] 17/1/2020 12:59

Yes will be interesting to see how this pans out.

[pugugly] 17/1/2020 07:56

Wonder how many take up the open offer 1 for 7 and whether there will be a facility to apply for more than the basic offer if the open offer is under subscribed.

[ny boy] 17/1/2020 07:19

Nice recent rise to get the cash call away at 10p, got to watch these stocks, usually trap a few punters in at 30%+ higher

[galaxy enforcer] 14/1/2020 17:31

Quiet with TCN at present. Happy to hold for the longer term.

[galaxy enforcer] 09/1/2020 13:51

Will be waiting to add further on the next wave higher.

[galaxy enforcer] 08/1/2020 09:34

The chart now looks like an imminent move towards 18-20p is certainly on the cards. Again the stock is available through negotiated trade only.

[galaxy enforcer] 07/1/2020 15:36

Good to see buyers taking the opportunity to continue to pick up cheap stock at this level. Market is very quick to shut down online trading and go negotiated whenever it can at this level.

[galaxy enforcer] 06/1/2020 12:12

Afternoon Pugugly. I am not sure that will be the case as the stock is tightly held. I do think that it is quite possible for the stock to move back towards the 20p level in the short term. At the moment it is negotiated trades only on the buy side. One o buy and tuck away.

[pugugly] 06/1/2020 11:53

If TCN keeps on moving like this it should hit the screens of the momentum investors and then move up into over-bought teritory - whatever that may be -

[galaxy enforcer] 06/1/2020 11:11

Yes the start of a move off the bottom. Extremely difficult to buy any stock presently.

[meijiman] 06/1/2020 11:06

Bit perky this morning..

[pugugly] 03/1/2020 11:51

GE - Thanks for heads-up -