Turbo Power Systems Share Discussion Threads

[wilfy75] 12/3/2015 10:26

So what's prompted today's spike?

[aries2000] 25/2/2015 07:51

How much is the deal with Calnetix Technologies worth.

[aries2000] 25/2/2015 07:50

hxxp://www.calnetix.com/newsroom/press-release/calnetix-technologies-and-turbo-power-systems-sign-intellectual-property

Calnetix Technologies and Turbo Power Systems Sign Intellectual Property License Agreement

October 27, 2014
Calnetix Licenses Technology for Oil & Gas Industry-related Products

Cerritos, California – October 27, 2014 – Calnetix Technologies, a world leader in high-speed permanent magnet motor generators, power electronics and magnetic bearings for a variety of applications and industries, announced today an intellectual property license agreement with UK-based Turbo Power Systems (TPS).

The agreement grants Calnetix a license to use TPS Megawatt class electric motor technology, power electronics and control software for oil and gas applications throughout the world, including the right to create new designs, products and processes derived from the licensed technology.

“While similar to our own technology, TPS’s high-speed machines and power electronics offer some unique benefits for applications in oil and gas” said Calnetix’s Chief Technology Officer Patrick McMullen. “Engaging in this licensing agreement will accelerate our development and production times to bring a range of state-of-the-art products to the oil and gas industry.”

TPS designs and manufactures high-performance electric motors, generators, drives and power electronics for original equipment manufacturers, system integrators and end-users in industrial, energy, transportation and defense industries. The technology licensed to Calnetix has been utilized in a wide array of industrial applications.

About Calnetix Technologies

Calnetix Technologies, LLC (“CalnetixR21;), headquartered in Cerritos, California, is focused on Innovation That Drives Industries™. The company specializes in high-performance, high-speed motor generators and best-in-class advanced magnetic bearings and control systems. Calnetix’s patented, underlying technologies, which have been in use since the company’s inception in 1998, have made Calnetix a world leader in the design and production of high-speed machines. The company’s overall technology portfolio and system integration capabilities have led to development and production contracts with industry leaders and the start of many successful subsidiaries that focus on unique niche markets. For more information, please visit www.calnetix.com.

[speedysimon1] 24/2/2015 19:19

With all these companies investing in our technology, we have to be a takeover target, surely.

Hopefully we have put the company up for tender dud to the interest. Highest bid wins.

[speedysimon1] 24/2/2015 19:05

A lot I hope.

[aries2000] 24/2/2015 18:41

How much is this deal worth to us.

[aries2000] 24/2/2015 18:39

hxxp://www.calnetix.com/newsroom/press-release/calnetix-technologies-and-turbo-power-systems-sign-intellectual-property

Calnetix Technologies and Turbo Power Systems Sign Intellectual Property License Agreement

October 27, 2014
Calnetix Licenses Technology for Oil & Gas Industry-related Products

Cerritos, California – October 27, 2014 – Calnetix Technologies, a world leader in high-speed permanent magnet motor generators, power electronics and magnetic bearings for a variety of applications and industries, announced today an intellectual property license agreement with UK-based Turbo Power Systems (TPS).

The agreement grants Calnetix a license to use TPS Megawatt class electric motor technology, power electronics and control software for oil and gas applications throughout the world, including the right to create new designs, products and processes derived from the licensed technology.

“While similar to our own technology, TPS’s high-speed machines and power electronics offer some unique benefits for applications in oil and gas” said Calnetix’s Chief Technology Officer Patrick McMullen. “Engaging in this licensing agreement will accelerate our development and production times to bring a range of state-of-the-art products to the oil and gas industry.”

TPS designs and manufactures high-performance electric motors, generators, drives and power electronics for original equipment manufacturers, system integrators and end-users in industrial, energy, transportation and defense industries. The technology licensed to Calnetix has been utilized in a wide array of industrial applications.

About Calnetix Technologies

Calnetix Technologies, LLC (“CalnetixR21;), headquartered in Cerritos, California, is focused on Innovation That Drives Industries™. The company specializes in high-performance, high-speed motor generators and best-in-class advanced magnetic bearings and control systems. Calnetix’s patented, underlying technologies, which have been in use since the company’s inception in 1998, have made Calnetix a world leader in the design and production of high-speed machines. The company’s overall technology portfolio and system integration capabilities have led to development and production contracts with industry leaders and the start of many successful subsidiaries that focus on unique niche markets. For more information, please visit www.calnetix.com.

[aries2000] 24/2/2015 18:36

No rns has been released by the company yet on this watch out.

[aries2000] 24/2/2015 18:32

Calnetix Technologies hummmmmmmmmmmmmmmmmmmmmmmmmmmm.

[le mass du pap] 24/2/2015 16:27

lol. Worked up over positive posts? You get worked up over any realistic posts. No way is it worth that much at the moment. Some decent figures and a sniff of profit and it may be worth half, approx £15 to £20m. But need to see latest results first. Aimho.

[cliveas] 24/2/2015 16:21

I have always seen value for the minority shareholders at 1p which I believe gives mcap 34m with 10m debt.

I am not an accountant but have watched the company slowly move towards profitability (which I believe they are on the verge) and I am impressed with their level of expertise and the ability to design and manufacture ground breaking technology.

The UK Power network contract is a new market in which I think they are going to do very well It may not reflect fully in Q4 figs but we should get an idea of its value come the final results.

Le Masse what is your position here? As you do seem to be getting a little worked up over any positive posts.

I am no expert just my opinion.

[aries2000] 24/2/2015 12:36

hxxps://www.linkedin.com/company/turbo-power-systems?trk=hp-feed-company-name

[le mass du pap] 24/2/2015 12:25

cliveas. How much do you think it's worth?

[cliveas] 24/2/2015 12:21

Less than 2m traded doesn't equal the herd leaving imho and this can go back up just as quick.

The price rose significantly before the RNS hence the need to rush it out not the other way round.

It will all come out in the wash definite news early March.

[le mass du pap] 24/2/2015 12:12

I think what doesn't make sense is the large price hike on the response that they are selling the company. If they had said they have recieved an offer then maybe it would be time to get excited. But they haven't. Instead they have said they felt the need to conduct a strategic review of the business and the outcome of this review was to sell up. That's not great news imho. I think this is now sinking in and is the reason behind the fall. That and the herd selling up and moving on of course. Aimho.

[cliveas] 24/2/2015 10:57

Dropped on very little volume and still think there is more To this than a general sale.

To respond to a large price hike with we are potentially selling the company doesn't makes sense to me.

Vale are still supporting the company see December RNS and no repayments until April 2016.

Still of the view they have been approached.

AIMHO.

[le mass du pap] 24/2/2015 10:40

So 1.5p values it at around £62m. Really? No chance imho. It's still loss making and "critically dependent" on loans from it's parent company, which now amount to £11m. Even if bidders were fighting over it they wouldn't pay that much, but they're not. Instead TPS are looking for a buyer which is very different. Time to get real. Aimho.

[andyview] 24/2/2015 10:01

Following the froth this has settled down at what appears to be a very good entry point. If the business is sold I think nothing less than 1.5 p will be on the cards...amiho of course

Gla

[johnwalsham] 24/2/2015 08:56

Further 10% down and still has not bottomed out, still more to go.

[purchmeisner] 23/2/2015 23:56

My guess would be significantly higher than 0.5p considering the increased sales/orders coming in and several other factors. It isn't going to be loss making for much longer... Sell price somewhere between 1-3p per share imoGood night.

[speedysimon1] 23/2/2015 22:15

I'm expecting another good rise from today. The graphs continue to show bullish rises on the back of spikes.

[speedysimon1] 23/2/2015 22:10

Yes but to say we've put the for sale board up just doesn't make any sense. Seems an over reaction but the strangest thing for me is that the market loved it with the share price rising to 203% at one point.

Happy to hold. How much is that uk power network contract worth across the grid. Why are they being a little cagey on this?

All hush, hush and being kept for final results maybe?