Tt Electronics Share Discussion Threads

[peddlers] 03/10/2020 10:47

Hey guys I've been watching TTG for a number of days.
I bought in yesterday as it passed through 200.
I have quite a wide stop on this one.

P

[standish11] 02/10/2020 10:51

Robbie Burns mentioned in his blog yesterday that he had bought some.

[glavey] 26/9/2020 03:59

Better see if the cat's showing any signs of life.

[molatovkid] 25/9/2020 10:37

Well chaps, an opportunity is emerging to make some money....so time to get on board.

[overeager] 24/9/2020 17:20

The other thing that put me off TT was exactly that Boris! The CEO and FD between them get the best part of £3m per year to run what is essentially a small business! Not enough to back their own judgement in a meaningful way it would seem..

[b0risj0hns0n] 24/9/2020 16:28

Always reassuring to see a director put his hand in his pocket and buy £5,000 worth of shares. A really serious statement.........

And the execs who earn millions could muster up £80,000 - what a reassuring vote of confidence!

[overeager] 23/9/2020 14:58

I've followed TT for over 10 years and followed the many twists and turns. I'm no longer invested as I got tired of seeing significant reorganisation costs every year.

All I would suggest potential investors consider is this:

2016 operating profit was £18.8m. After a string of 'earnings enhancing' acquisitions, 2019 operating profit was... £18.8m. Net debt increased from £55m to £69M.

I'm afraid there is a big gap between reality and what investors are being told.

As for the director buys, over the last several years they have been a VERY reliable sell signal..

(Glad I got that off my chest).

[imastu pidgitaswell] 23/9/2020 13:41

Some desperate director buys....

Yesterday's were just part of the placement.

I'm not close to this, I have been into (not currently in) VLX, so am aware of them and the sector.

But honestly, that episode with the CV19 machine, share price soaring and then launching the placement (quickly, but not quickly enough before the truth came out) will count against them for a long time to come.

[g2theary] 23/9/2020 13:28

Some decent director buys :)))

[glavey] 22/9/2020 04:23

"...what’s not to like" If nothing else the chart may give you a clue.

[markth126] 21/9/2020 20:19

Placing at £2, well funded, what's not to like!

[g2theary] 21/9/2020 08:31

Rounded it up to 10k ... just another 3 and wrapped up in bed nice and safe :))

[glavey] 21/9/2020 07:01

"May double down Monday"

Is that when you stay in bed and hide under the duvet?

[geraldus] 18/9/2020 19:42

Well,credibility shattered here completely.

[g2theary] 18/9/2020 16:26

Market not happy with this deal ... made 1k off the shares I bought and sold yesterday only to lose 1400 today... ha will hold on to these they look very solid with potential. May double down Monday :))

[sphere25] 18/9/2020 14:24

But hey, we did tell you:

"As announced on 9 September 2020, TT has been appointed as manufacturing partner to iAbra's Virolens(R) device. Whilst there is a lot of commercial interest in Virolens(R), as we also stated last week, there are a wide range of potential outcomes and achieving revenue is subject to regulatory approvals and customers converting expressions of interest into firm orders"

(Cough cough)

[varies] 18/9/2020 10:05

I am one of those with burnt fingers here having paid 233p two days ago.
TT's contract with i.Abra may not prove the money-spinner I had hoped but it sounds as if their expertise may be applied in the manufacture of other Covid saliva tests as and when these get developed.

[glavey] 18/9/2020 08:08

Then it'll be embarrassing for the placees too...

Tut Tut Electronics.

[b0risj0hns0n] 18/9/2020 07:35

It does look rather poor. Put out a spurious announcement to pump the price up; in order to get equity away at at premium to where the price had settled (around 180p).

Then pay 2x sales for a business that another bidder walked away from 6 months ago. TT is a circus - will all come out in the financial performance in the next 2 years.....

[imastu pidgitaswell] 18/9/2020 07:22

Well timed - today's RNS - but is this another example of being economical with the truth, keeping this under wraps and placing with certain shareholders only?

They really are playing fast and loose with investors’ money - if there is anything wrong with the previous announcement and now this, the CEO is dead meat, with no pay-off.

[markth126] 18/9/2020 07:13

Well funded for growth in this exciting sector now I would suggest! Well timed

[glavey] 18/9/2020 07:09

All rather embarrassing for TT one would have thought...

[g2theary] 17/9/2020 08:54

Dipped my toe in these with 7000 .. looks promising for a rise today :))

[b0risj0hns0n] 16/9/2020 23:02

I see there is someone on the board called Stephen King. Perhaps he drafted the press release on the Covid tester - a work of pure fiction that is turning into a horror story!