Turbo Power Systems Share Discussion Threads

[21trader] 05/5/2015 14:17

No wonder I barely post on this site now.

It's just pointless trying to educate those who refuse to accept the truth.

[kammi1] 05/5/2015 14:12

You may well have a point there. But the profit margin have increased and that they are making money ,is a good sign. This is not a basket case buissness, they are ground breaking and an innovative company ,that is solvent. There loan is with the parent company as opposed to a foreign bank!!

[21trader] 05/5/2015 13:47

£30000 profit but cash outflow £1.44 million

[21trader] 05/5/2015 13:25

Because the results are rubbish.

Burning cash and so they have finally managed to make less profit than a fish and chip shop after 20 years of trying and burning through so much money. They are technically insolvent and rely on constant funding from major shareholder who must have decided they have had enough and want their money back via a sale of the business (love to see who will buy this and if so what price they will get)

20 years now of bulletin boards and they are the worst they have ever been with people who have no clue posting tosh or refusing to post how it is when grim.

[kammi1] 05/5/2015 13:20

For some reason the market does not like this stock. Even with the company in profit its not being reflected in the share price.

[le mass du pap] 05/5/2015 08:31

Great set of results. And still no RNS for the award.

[21trader] 05/5/2015 08:01

"Cash outflow from operating activities of GBP1.44 million (Q1 2014: GBP1.52 million"

That is not progress.

[cliveas] 05/5/2015 07:20

Profit For 2nd quarter in a row!

gross profit up 251%!!!!!!!!!

Gearing themselves up for a takeover imho

Carlos Neves, Chief Executive Officer, said:

"We are pleased to announce that TPS has made a pre-tax profit for the second consecutive quarter with revenue increasing by 19% over last quarter and 24% over the corresponding quarter in 2014 while maintaining a 41% gross margin.

The sustained recovery in the business is the result of initiatives implemented since 2012 and the culture of continuous improvement embraced by all employees at TPS. We are all proud of what has been achieved, whilst conscious of the focus we have to maintain on our strategic objectives.

The current order book and the short term opportunities reaffirm the Board's confidence in our performance for the rest of the financial year."

Read the whole RNS fantastic progress!

[cliveas] 05/5/2015 07:19

Turbo Power Systems Inc. ("TPS" or the "Company")
Announces Results for the Quarter
Ended 31 March 2015

TPS reports a Pre-Tax profit for two successive quarters

Financial highlights:
· Pre-Tax profit of £0.03 million (Q1 2014: Loss £1.44 million).
· Revenue increased 24% to £4.08 million (Q1 2014: £3.30 million).
· Gross profit increased to £1.68 million (Q1 2014: £0.48 million), with an increased gross margin of 41% (Q1 2014: 15%).
· Total expenses for the period were down 18% to £1.48 million (Q1 2014: £1.81 million).
· Operating profit was £0.20 million (Q1 2014: loss £1.26 million)
· Cash outflow from operating activities of £1.44 million (Q1 2014: £1.52 million)

Operational highlights
· Increase in the development revenue from new projects signed in 2014 including UK Power Networks.
· Production of the Bombardier Toronto Rocket units resumed and continued delivery of units to Bombardier and Eaton.
· Increased development revenue, and the impact of the Company's focus on profitable contracts, has increased the gross margin to 41% in the quarter.
· Overhead expenses reduced since June 2012 peak, with overall expenses at 31 March 2015 of £1.48 million compared to £1.81 million at 31 March 2014.

Strategic review
· Strategic review of the Company's business, announced February 2015, ongoing.
· Further announcements will be made in due course, as appropriate.

[le mass du pap] 04/5/2015 20:17

Chart looks poised too.

[le mass du pap] 04/5/2015 20:16

They've just won a major award for their tech. Why no RNS? Expect this to fly on news of this award and further profit in results due soon. I'll be buying all I can at this price. Dyor.

[ileeman] 26/4/2015 17:06

TPS golden cross next week and news on the sale of the business is overdue. Looks cheap again at this level.

Very quick mover aswell.


free stock charts from uk.advfn.com

[nigelc43] 24/4/2015 14:43

Something brewing?, nice 1m buy this morning.

[doodle1] 17/4/2015 16:47

1000,000 buy at the end, bodes well

[wageslave] 15/4/2015 09:32

Big jump on no news? Isn't this a leaky ship?

[cliveas] 17/3/2015 11:59

Le Mass Du PaP

Followed your strategy and Had a punt on NCT!

Obviously you are not very happy about any aim share actually making a profit!

Or you decline to elaborate and prefer to live in 2014


(we won't mention coms )

[le mass du pap] 16/3/2015 20:06

Looks very much like Feb 2014 spike.

[jon12345] 16/3/2015 18:11

What a dull set of results. On this basis nobody will pay more than 0.3 pps, or £10m mcap PLUS £11m debt! So anyone waiting for a "bid" to emerge will be disappointed imho.

[cliveas] 16/3/2015 09:44

Well the results now state they are profitable and the outlook looks very positive indeed!

Too much info to go through as at work but will drill down later.

GL

[113mike] 13/3/2015 08:52

Quiet here today after yesterday's excitement?

[le mass du pap] 12/3/2015 12:12

Nice spike again. But you only have to look at the chart at the top of the page to see that whenever it spikes up it always comes down just as quick. Skill here is buying at the bottom, waiting for the spike, then selling, repeat and rinse. Buying the spike itself is risky. Unless you are a rare breed these days, an investor, in which case buy and hold. I think this will only go up and stay there once some really positive news about the fundamentals comes out. Results are tomorrow and I'm not expecting anything great yet. As for the sale or contracts, I'm not expecting any news on those tomorrow because that would come when available, not held back. Probably just see something in the CEO statement about 'looking at options' etc.. Aimho, dyor, etc...

[jon12345] 12/3/2015 11:19

great fun this if you get in at the lows. probably a bit risky now at 0.5p. don't want to join all those locked in from the last spike.

[mikeh30] 12/3/2015 11:07

PEG Results Monday too.Expecting strong profits

[andyview] 12/3/2015 10:54

Sale agreed at premium? My money is it going to be worth a least 1p