Share Name Share Symbol Market Type Share ISIN Share Description
Turbo Power Systems Inc LSE:TPS London Ordinary Share CA8999101030 COM SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.035p 0.00p 0.00p - - - 0 06:39:46
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 13.9 -0.6 -0.0 - 0.50

Turbo Power Systems Share Discussion Threads

Showing 2351 to 2375 of 2375 messages
Chat Pages: 95  94  93  92  91  90  89  88  87  86  85  84  Older
DateSubjectAuthorDiscuss
22/11/2017
14:40
Turbo Power Systems Inc Announces Voting Results of Shareholder Meeting 22/11/2017 Https://www.britdaq.com/Pub/22112017.pdf
noirua
20/11/2017
13:47
Meeting: TAKE NOTICE that a special meeting of the shareholders of Turbo Power Systems Inc. (“TPS” or the “Corporation”) will be held at 1 Queens Park, Queensway North, Team Valley Trading Estate, Gateshead, Tyne and Wear, NE11 0QD, United Kingdom on November 22, 2017 at 1:00 p.m. (London time) (the “Meeting”). The main item is a vote to become a Private Company and to pass a resolution to pay shareholders 0.02p per share. Barnetpeter has summed everything up in the last post. --- October 10 Https://www.britdaq.com/Pub/TPS_Information_Circular.pdf October 10 hxxps://www.britdaq.com/Pub/TPS_Notice_of_Meeting.pdf --- TPS is being amalgamated with Yucon Inc the purchaser and is a subsidiary of TAO Sustainable Power Solutions (UK) limited. TAO owns 91.6% of TPS. 8.4% shareholders receive a MISERABLE 0.02p a share. TAO through Yukon Inc obtain TPS and do not just get the MISERABLE 0.02p a share. This rates as a CONsiderable steal. If I did the same I'd not object to my move being said to be like that of Stalin and being chucked into a Russia Gulag.
noirua
25/10/2017
22:24
"the Company has signed two letters of intent for contracts representing more than £8.00 million". yet they have found a broker to recommend the entire company is sold off for about 200K? small shareholders have poured millions into this stock and get almost nothing back. Its a done deal of course......
barnetpeter
25/10/2017
22:02
We write to you as a holder of Turbo Power Systems Inc Shares within your Vantage Fund & Share Account. Notice has been given by the Board of Turbo Power Systems Inc that a special meeting of the Shareholders of Turbo Power Systems Inc will be held to vote on a proposed amalgamation of Turbo Power Systems Inc with 536348 Yukon Inc. The Amalgamation will be effected by way of a Plan of Arrangement under which 536348 Yukon Inc will acquire Turbo Power Systems Inc.   “The purpose of the Meeting will be to ask our shareholders to approve a proposed group restructure transaction by way of an amalgamation (the ‘Amalgamation’) of the Corporation with 536348 Yukon Inc.   “Upon completion of the Amalgamation, holders of Common Shares (other than Tao UK and its affiliates and Dissenting Shareholders) will receive, for each Common Share, one redeemable preference share (an ‘Amalco Redeemable Preferred Share’) of the new corporation (‘Amalco’;) resulting from the Amalgamation. On the effective date of the Amalgamation, each Amalco Redeemable Preferred Share will be immediately redeemed for pounds Sterling 0.0002 (the ‘Redemption Amount’), payable in cash.   “If the Amalgamation Resolution is approved, the Effective Date of the Amalgamation is expected to be on or about November 23, 2017, or such later or earlier date that the Amalgamation Application is filed with the Registrar in order to effect the Amalgamation under the YBCA (Business Corporation Act (Yukon)).” (Source: Letter to Shareholders, 10 October 2017)   The Amalgamation remains conditional on the approval of the proposals at the special meeting. If approved you will receive 0.02p for each Turbo Power Systems Inc Share held.
barnetpeter
27/9/2017
12:28
TPS directors plan a conversion of shares combined with a buyback at 0.02p per share. The share consolidation will not now take place. A meeting has been called by the company. If agreed, present small shareholders will make substantial losses. Http://turbopowersystems.com/wp-content/uploads/2017/01/Group-Restructure-and-Conversion-of-Shares-26-September-2017.pdf The Company will convene a special meeting of shareholders to take place on November 22, 2017 for shareholders to consider and approve the Amalgamation. A copy of the above fairness opinion will be included in the information circular to be provided to shareholders in connection with the Meeting. The Board unanimously recommends that shareholders vote in favour of the Amalgamation Resolution. [ For what it is worth, vote against the proposal. It benefits 'TAO' and no one else. If I decided to offer shareholders just 0.02p a share, I would consider myself not fit to hold office as a director of a company ]
noirua
23/9/2017
12:49
Next Quarter Results, 3rd quarter to 30th September 2018, are due in late October. Probably about Monday 23rd October 2017. Last results, 2nd Quarter (already published) to 30th June 2017: Http://turbopowersystems.com/wp-content/uploads/2017/01/Results-for-Q2-2017.pdf ------ • The directors expect the proposed share consolidation, which was approved by shareholders at the AGM, to be completed in the quarter ending 30 September 2017 Carlos Neves, Chief Executive Officer, said: “During the first full quarter results since the change of majority ownership of the Company on 30 March 2017 the Company has signed two letters of intent for contracts representing more than £8.00 million. These should lead to sales order intake in Q3 2017 with deliveries commencing in Q4 2017. While the delay in signing new contracts, together with customer driven delays and rescheduling of production contracts into the second half of 2017, has resulted in lower revenues in the quarter compared to the same quarter last year, I am encouraged that there is a higher number of opportunities generated and more relevant in strategic importance than last year. This gives me confidence that our strategy is proving to be right. - I am also very pleased that TPS’ products continue to receive positive acknowledgement as demonstrated by the Highly Commended Certificate in the Environmental Category during the Rail Industry Award 2017. I thank the TPS team for continuing to work hard towards our Mission of “Delivering excellence and continuously exceed Customers’ expectations by adding value in everything we do”.
noirua
04/9/2017
14:37
There are now no buyers or sellers on Britdaq.
noirua
30/8/2017
13:26
The present buyer is offering to pay 0.06p at Britdaq for TPS. There are no sellers. A consolidation of 1 share for 5,000 shares is underway at present. Online brokers are in the main not showing TPS shareholdings at present.
noirua
25/8/2017
22:04
Not sure what has happened at TD Direct. Seemed to have changed my TPS shares into 'TURBO POWER SYSTEM INC COM NPV shares worth C$0.005 - worth C$59,000 (£34,000). All very nice on paper but I don't believe in miracles.
noirua
04/8/2017
15:06
Shares to sell on Britdaq offered at 0.06p for 1,253,132 = £751.88 Https://www.britdaq.com/match/470
noirua
31/7/2017
11:38
There is one seller waiting on Britdaq - Https://www.britdaq.com/company/470
noirua
30/7/2017
13:28
28 July 2017 - Turbo Power Systems Inc. (“TPS” or the “Company”) Announces Results for the Quarter and Six Months Ended 30 June 2017 Https://www.britdaq.com/pub/results-for-q2-2017.pdf • The directors expect the proposed share consolidation, which was approved by shareholders at the AGM, to be completed in the quarter ending 30 September 2017.
noirua
30/7/2017
13:27
28 July 2017 - Turbo Power Systems Inc. (“TPS” or the “Company”;) Announces Results for the Quarter and Six Months Ended 30 June 2017 hxxps://www.britdaq.com/pub/results-for-q2-2017.pdf
noirua
22/7/2017
14:00
Highly commended certificate for TPS Railway Industry Innovation Awards 2017 Posted on July 18th, 2017 · Filed under Transport Turbo Power Systems (TPS) have received a highly commended certificate at The Railway Industry Innovation Awards 2017 for the Environment Category. The award was for the innovative Mark 3 static converters developed in collaboration with Chiltern Railways. We have supplied an energy efficient, lightweight and cost-effective power electronic solution to service all on-board electronics, HVAC […] Http://turbopowersystems.com/highly-commended-certificate-mk3/
noirua
10/6/2017
01:01
Last trade was 2nd June - 0.3p
noirua
03/6/2017
12:07
Welcome to the new thread for Turbo Power Systems INC.
noirua
03/6/2017
10:08
-------- Http://turbopowersystems.com/wp-content/uploads/2014/02/Facility-768x531.jpg Http://turbopowersystems.com ---------- * LATEST SHARE PRICE: Https://www.britdaq.com/match/470 Britdaq Company Information - TURBO POWER SYSTEMS (TPS.BQ) Access is only full if you register as a member and sign in. Https://www.britdaq.com/company/470 Https://www.britdaq.com/forum/379 Https://www.britdaq.com/user/register ---------- Britdaq Links Https://www.britdaq.com/company/ Https://www.britdaq.com/about/whatwedo Https://www.britdaq.com/user/register Https://www.britdaq.com/pub/howtomatchshares.pdf Https://www.britdaq.com/forum/ Https://www.britdaq.com/forum/recent--------- Latest company news: Https://www.britdaq.com/forum/news --------- Http://turbopowersystems.com/wp-content/uploads/2015/11/2-768x514.jpg !FOLLOWFEED
noirua
03/6/2017
09:59
As the present header is well out of date, time a new one. There isn't a way of knowing quite how things will go from here. I agree more with barnetpeter's view of waiting for a minority buyout.
noirua
03/6/2017
09:10
15 million turnover and without the aim costs it will now make a profit. Bonkers valuation.....let's see in a year or so. I reckon they will buy out the minority's in time
barnetpeter
02/6/2017
15:00
Fair price is zero. 20 years of loss after loss they only survive because of constant funding.
bewarepaul
02/6/2017
14:19
A fair price still remains 0.15p to 0.2p for TPS. Maybe much higher for the patient, eventually. Trading closes at 4.30pm and that's it for TPS on AIM. However, a selling facility has been arranged.
noirua
28/5/2017
14:31
Yep Barnetpeter. The market cap around £540,000 looks a welcoming opportunity. Outside chance of a buyer coming in with an offer and leaving it with their broker to negotiate - up until Friday anyway.
noirua
27/5/2017
11:09
Just you and me Noirua. Happy with my average of 0.04. Lets see if this stock can ten fold now in two years time after a bid.
barnetpeter
27/5/2017
10:57
Ist Quarter Results - April 2017 http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TPS/13206045.html
noirua
27/5/2017
10:50
Result of Annual General and Special Meeting and Cancellation of the Company's Common Shares to Trading on AIM - 25th May 2017 - 15:37 http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TPS/13238941.html Http://www.4-traders.com/TURBO-POWER-SYSTEMS-INC-4006258/news/Turbo-Power-Result-of-AGM-24495005/ -- Shareholders should note that, following the Cancellation becoming effective, inter alia, there will be no formal market mechanism enabling the Shareholders to trade Common Shares on AIM and, furthermore, no other recognised market or trading facility (other than the proposed Matched Bargain Facility referred to in above) will be available to enable trading of the Common Shares and it may be more difficult for Shareholders to determine the market value of their investment in the Company at any given time. The Company will endeavour to continue to provide certain facilities and services to Shareholders that they currently enjoy as shareholders of an AIM company. Following the Cancellation, the Company will: ·1) continue to communicate information about the Company (including annual accounts) to its Shareholders, as required by law, and the Company will continue to hold annual general meetings; and ·2) continue to maintain its website, Http://www.turbopowersystems.com and to post updates on the website from time to time (being at least every six months), although Shareholders should be aware that there will be no obligation on the Company to include all of the information required under AIM Rule 26 or to update the website as required by the AIM Rules.
noirua
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