Share Name Share Symbol Market Type Share ISIN Share Description
Turbo Power 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
  0.00 0.0% 0.035 0.00 0.00 0.00 0.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 13.9 -0.6 -0.0 - 1

Turbo Power Systems Share Discussion Threads

Showing 2351 to 2375 of 2375 messages
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money paid now....a legal fraud. A fraction of what the company is worth. This is why no shareholder should have more than 29.9 per cent.
24 November 2017 JOINT NEWS RELEASE Turbo Power Systems Inc And Tao Sustainable Power Solutions (UK) Ltd. Announce Completion of Amalgamation Https://
Turbo Power Systems Inc Announces Voting Results of Shareholder Meeting 22/11/2017 Https://
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:// October 10 hxxps:// --- 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.
"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......
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.
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:// 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 ]
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:// ------ • 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”.
There are now no buyers or sellers on Britdaq.
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.
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.
Shares to sell on Britdaq offered at 0.06p for 1,253,132 = £751.88 Https://
There is one seller waiting on Britdaq - Https://
28 July 2017 - Turbo Power Systems Inc. (“TPS” or the “Company”) Announces Results for the Quarter and Six Months Ended 30 June 2017 Https:// • 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.
28 July 2017 - Turbo Power Systems Inc. (“TPS” or the “Company”;) Announces Results for the Quarter and Six Months Ended 30 June 2017 hxxps://
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://
Last trade was 2nd June - 0.3p
Welcome to the new thread for Turbo Power Systems INC.
-------- Http:// Http:// ---------- * LATEST SHARE PRICE: Https:// Britdaq Company Information - TURBO POWER SYSTEMS (TPS.BQ) Access is only full if you register as a member and sign in. Https:// Https:// Https:// ---------- Britdaq Links Https:// Https:// Https:// Https:// Https:// Https:// Latest company news: Https:// --------- Http:// !FOLLOWFEED
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.
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
Fair price is zero. 20 years of loss after loss they only survive because of constant funding.
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.
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.
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.
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