Turbo Power Systems Share Discussion Threads

[charmer1_23] 22/2/2013 10:52

Think it will take some significant contract news & a move to profitability to get these moving, far too many shares in issue & how long will Tao continue to bail them out? Watching with interest for positive developments....

[flopinfo] 22/2/2013 10:44

4 billion shares in Issue ? Market Cap £4m ?



90% held by Tao

so free float is 400m shares i.e. about £400k

[bill182] 22/2/2013 10:34

Looking at the trades over the past few weeks, I reckon there are only 3 to 4 million shares to clear, which will probably have been taken out this morning.

I have been in and out of this share for years, buying back in on the last placing - unfortunately. As I said earlier, there could be some follow up news in the next couple of weeks when the results are released.

[34simon] 22/2/2013 10:22

I should have waited, I paid 0.115p for my million, now 0.095p or £200 cheaper
which is quite a bit on a £1000 trade.

[swizz] 22/2/2013 10:16

spot on Simon, you are correct, i am just being a numpty, Cheers S

[ryan83] 22/2/2013 10:14

from LSE

Shares in Issue
11.12m

Capitalisation Market
£0.01m

Must be wrong??

[34simon] 22/2/2013 10:14

I'm getting 1.5 billion shares market cap 1.37 mil ?

[swizz] 22/2/2013 10:13

agreed flop, do I read that correct that there is best part of 3 billion shares in issue?

[ryan83] 22/2/2013 10:12

34S

Is that correct, market cap of £0.01m?

[34simon] 22/2/2013 10:12

Agree charmer, they always seem to get funding, just threw a grand at it, thought the rns might spike some life into it but nothing doing, obviously
a overhang to clear first.

[flopinfo] 22/2/2013 10:11

Balance sheet not that great ? But they actually do seem to have some cashflow generation prospects ?

[charmer1_23] 22/2/2013 10:09

Jeez, did not realise these were still a listed entity, remember them from the old TGN Turbo Genset days.....:-)

[34simon] 22/2/2013 09:55

L2 is a lot better, offer price cheaper now that what I bought, guess they have
some stock to shift, thought it might go a bit on that grant but what do I know
but all buys today so looks good for this afternoon.

[bill182] 22/2/2013 09:43

If they could just land the illusive contract, the share price will fly. From the last results:

" Our work with VSE, our ultimate holding company, in negotiating contracts for the Brazilian market continues, as does our work in pursuing opportunities in the energy efficiency market and in the rail market, including in Asia. Accordingly there is the potential for significant order intake in the last quarter of 2012 and early 2013."

[34simon] 22/2/2013 08:25

Quite a grant, beats a placing in this dog, seen other decimals go nuts on news
nowhere good as this so watching for life.

[bill182] 22/2/2013 07:36

Well, well, well...they have finally received part of the Regional Grant Fund and are saying the right things. The fourth quarter results are due in the next couple of weeks. They may even surprise us with the much alluded to contract win in Brazil. You just never know.

[gwr7] 29/11/2012 07:24

Your shirt.

[jab118] 27/11/2012 22:55

they need to do something !

now how much would a million shares cost me here /?

[s34icknote] 27/11/2012 22:04

They need to increase the cost of there generators 50percent !

[s34icknote] 27/11/2012 22:03

This once touched 27.00 in the dot com times I think!! That's 27 pounds !!!

[robo15] 27/11/2012 15:20

Ps, look at the long term chart!!!

[robo15] 27/11/2012 15:17

This is a sad mis managed co, just look at the chart, I can remember years ago when they kept alluding to a big sale of there daft generators, which did not materialise, I dread to think how much money has been lost by pi,s save what you can and find a good well managed co to invest in.

[s34icknote] 27/11/2012 15:07

Some one off loading at a discount !!!!!!!!!!!!!!!!!!!!!!!!!!

[bill182] 11/10/2012 08:16

Yes, and whilst I expected they would need more funds in the short term, I was expecting the news to coincide with the significant contract in Brazil they keep alluding too.

Ah well, the third quarter results are due at the end of this month. Hopefully there will be some good news on improving revenues!