Turbo Power Systems Share Discussion Threads

[tivoliworldgaming] 08/3/2013 11:31

Its not good at all as simon sold out too soon yesterday for around 0.25p.
All this type of rise means to me is that its a great reward for looking for that special RNS in a low cap penny share.
I will take this as extra fuel for me to save money for shares.

[34simon] 08/3/2013 08:57

Linslader

Are you ok, erm I was here at 0.11p before the spike, not sure what all this
stalker posts are for ?

[junglevip] 08/3/2013 08:56

Getting ready for the next leg up. .50 been suggested on LSE, and from the speed in which it lifted this AM, I think it is achievable. Little reminder...

Turbo Power Systems Inc ("TPS" or "the Company") is pleased to announce a spare parts purchase order from Bombardier Transportation worth US$3.2m.

The order forms part of the US$14.2m contract to supply the Chicago Transit Authority with auxiliary power units for its new fleet of metro subway cars. The original agreement included a number of options, one of which was to purchase spare parts, which Bombardier Transportation has now activated.

the size of this contract is $14.2mill so with so our 5 mill mcap is still too cheap
and there is more news to come of our other contracts

[linslader] 08/3/2013 08:56

Still the stalking chancer is here lmao.

[34simon] 08/3/2013 08:36

bill

It has gone stupid here but no regrets, telling you it's a decimal thing, the
punters love chasing spikes on these stocks, if TPS was 90-100p when this news
came out, it might be lucky to be 130p now but because it's 0.1p they pile in
and cause the pyramid spike.

[bill182] 08/3/2013 08:34

Have to admit...I sold the balance of my shares on the spike this morning. The results are due out next week and I would expect to see continuing losses at this stage. I would expect many to take fright when they see the numbers rather than the bigger picture and there will undoubtedly be a retrace.

[swizz] 08/3/2013 08:28

Must admit it is a touch surprising, perhaps with the parent company backing there is a bit of confidence building in the companies clientele base, there must be some value in their IP to be landing spare orders for $3.2m? - GL

[34simon] 08/3/2013 08:22

wow that is incredible, can I short it now :-))

[swizz] 08/3/2013 08:19

Guys - Perhaps a bit more news to come in the days ahead? GL

[linslader] 07/3/2013 14:56

Ah I see the TI stalking chancer/ chaser is here then.

[bill182] 07/3/2013 14:49

Thanks...I have taken the opportunity to reduce my holding significantly, but I will retain an interest as I believe they will eventually announce a multi-million dollar contract in Brazil.

Good fortune with your investments.

[34simon] 07/3/2013 14:42

I sincerely hope it gets there for you Bill, I'm more than happy with my profit
so I will leave the thread alone now and wish you the best if you continue to hold.

[bill182] 07/3/2013 14:40

34Simon....I don't think it is just the contract win that is driving this. With the RGF monies, plus today's news, there is a realisation that the company is not going bust. Add to that the company converted £8.5m into share at 0.45p, then it is still cheap at the current price of 0.26p.

[34simon] 07/3/2013 14:38

Of course I'm out, I would have bit somebody's hand off to get 0.13p yesterday
so to get double I'm esctatic, I could not believe people were paying 0.2p first thing
for these let alone 0.25p and higher, it's purely because it's a decimal stock and
people see easy riches with these stocks when actually most will lose money except
for those in before today like me :-))

[junglevip] 07/3/2013 14:36

Seems larger BUYS going through, where as mostly today I see buys under £1k and the stock moved fast.

BUYS still coming in.

You out then 34Simon? Just out of interest?

[34simon] 07/3/2013 14:31

Buyers right now are taking huge risks, they could not give the stock away last
week at 0.092p, now 3 times the price everybody wants to buy, it's a nice contract but I cannot see how a £2-2.5 mil contract can add some 6 million to the market cap, maybe people are making the mistake of reading the market cap wrongly here ?

[junglevip] 07/3/2013 14:24

.30 paid and still moving!!!!

[34simon] 07/3/2013 14:08

bill

I'm out, in shock at the idiots who chase up decimal stocks, actually made 100%
on this but sat and watched them chase it up on a fair contract.

[bill182] 01/3/2013 11:54

34Simon - I certainly think it is worth waiting until the results are out in a couple of weeks. There is a good possibility they could announce a major contract win in Brazil through the parent company. You have to ask yourself, why would TAO convert £8.5 million of their loan into shares and other shareholders stump up money at 0.45p if they could not see a positive outcome.

The other significant development is the payment of the RGF monies. You would imagine the bureaucrats have done extensive due diligence before releasing the funds!

[34simon] 01/3/2013 11:29

Nice, would be happy with my money back tbh bill now.

[bill182] 01/3/2013 11:22

Still only possible to buy a max of 250,000 on line at the moment at 0.12p and the bid is now 0.11p.

[swizz] 27/2/2013 18:11

Good point Bill, FWIW i believe there is only circa 400m in free float circulation, still watching and GL

[bill182] 27/2/2013 16:58

Sure do - but the vast majority are held by the parent company. Irrespective of the shares in issue, the mkt cap is very low for a company with the level of Patents and IP they hold.

TAO converted £8.5m of their loan to the company at 0.45p per share last year, which accounts for the huge number of shares in issue.

[thread perry] 27/2/2013 16:27

Guys you do realise there are around 4 billion shares in issue here including all the options?