Twenty Plc Share Discussion Threads

[tara7] 05/7/2011 16:36

Good luck to all ,as i have posted many times, 10 20 and 50 baggers cover any loss many times over.

[marab] 05/7/2011 16:28

tara7, and it's my fault and no-one else's that I bought at a higher price. Just need to wait for future developments.

[philjeans] 05/7/2011 16:17

Not so good tara - try IGE for a super multi bagger.

Still flat on it's back but they've turned the corner; got a new Chinese backer who is facilitating production and sales in the far east - just bought a bundle of shares at the current price. No debt; net cash and very hi-tech.

The whole lot at less than a million m/c.

[marab] 05/7/2011 15:59

eaaxs06, no need to apologise. If you feel that someone is a ramper you should feel free to offer a warning to others and let them make their own minds up, most of us have been suckered at some point. I bought in for the large chunk of cash that was due (now somewhat less than expected), and the hopes that great things could be achieved with it. I know Tara has followers and detractors but he does find the occasional gem.. His picks are generally worth a look as are various other posters on these boards. At the end of the day I have a mixed portfolio of 30 odd stocks, some of which are pure punts, so I can accept a few going down if the others carry the slack and never put to much in each pure punt. I can accept it but I don't enjoy it. This has a small MC which offers other potential possibilities. I certainly wouldn't advise people to invest or not invest here, just to have a look and see if they think there is potential. Following my tips would be a good way of losing cash quickly.

There are rampers on the threads but the hard part is identifying them early on, and I always look around when someone makes a post like yours re Tara or others. Very easy to get the wrong impression of people when you can only go by their written words. I honestly think they are one of the major problems investing in AIM shares, right up there with the MMs and self serving directors. There are also some very good honourable posters too, the trick is to tell them apart. Anyone who thinks that all PIs are too savvy to be swayed by posters on these threads is somewhat divorced from reality. So keep up the good fight, if you save one punter from a serious mistake then the effort has not been wasted.

[eaaxs06] 05/7/2011 15:13

Marab, reading back on my previous post I was probably a bit too harsh, for which I apologise, it's always easy to be wise after the event.

I myself have been taken in by a few 'rampers' in the past, so guess I'm becoming a bit hardened in that respect and treat most 'too good to be true' shares on here as just that.

I sincerely hope you are correct and the share recovers quickly to make you some hard earned dosh. Best wishes, eaaxso6.

[marab] 05/7/2011 14:56

eaaxs06, I think this company has potential. Am I happy with the share price, no. Would I be happier buying in now, yes. Will just sit and wait for developments. I do have certain mug like qualities, but have learned the hard way that when a share price plummets it is sometimes better to hold on. Followed Tara into CMG last week and made a few quid which will help alleviate the pain here.

[eaaxs06] 05/7/2011 14:20

5/7/11 - marab says; 'Perhaps Tara will give his views?'


I can't believed someone is still so naïve as to ask where she/he(?) is, and what their opinion is, even though they haven't been here for nearly 4 months?

If you honestly can't work out you were the victim of a blatant ramper, then there really is little hope left for you and you shouldn't be dabbling in shares in the first place.

Face facts, they sucked you all in mid Feb and by March realised it wasn't working, so got out, possible with a 0.5/0.75p profit, at the expense of you and the other fools on here who believed the blatant trash they peddle on here.

Still, they're out, with a decent 20/30% gross profit in under a month, whilst people like you are left nursing a huge 50%, maybe 75% loss, wondering when this share of the decade is going to stop falling – who are the mugs?

[double6] 05/7/2011 13:01

Sucking the buyers in.

[marab] 05/7/2011 10:37

Induna123, could be a good buying opportunity now. I would be buying if I hadn't already filled up at much higher prices. No loose cash, everything invested.

[induna123] 05/7/2011 09:54

This is starting to look interesting now. Might be value here. They stated they had assets worth £0.53m but as you say they still have another £1.5m to come over the next two years. Just the business side of things have let the company down.

[marab] 05/7/2011 08:46

double6, takes me ages to type so just seen your post. They have steady cash coming in over the next two years, plus the three businesses which must be worth something. The sudden drop suggests either someone with a big buy/sell order or a placing to buy some other company. Or something else. I don't know enough about the management to have an opinion about delisting. Perhaps Tara will give his views.

[marab] 05/7/2011 08:40

Old RNS

"The Deed of Amendment signed today, 8th April 2011, in relation to the original agreement for the sale and purchase of shares in DF Property Portfolio Limited, which was dated 30 April 2010, (the details of which were announced on 30 April 2010), amends the sale price from the original £9,140,000 to £7,690,000 of which £6,190,000 was paid upon completion in May 2010. The balance of £2,950,000 was to be paid over two payments in July 2011 and 2012. This figures is now reduced by this Deed of Amendment to £1,500,000 and the repayment schedule has been re-arranged as follows :

payment of £300,000 on 11th April 2011 and deferment of £94,412 (payments for services due from Twenty plc to Dataforce Interact Limited)

7 quarterly payments of £171,428.57 on the last business day of each quarter commencing 30th June 2011

The Board, having taken legal advice, viewed the claim as opportunistic and did not consider that such claims had a reasonable prospect of success, but has decided that with the potentially high cost of an ongoing litigation and distraction of the senior executives that reaching this settlement was in the interests of shareholders. "

So giving away £1.5m to avoid the "distraction of the senior executives" must mean said executives must be working on something really good, or have a very inflated opinion on their worth.

£1.5 cash from this agreement alone over the next two years with a MC of about £0.8m might make this interesting to someone as an investment vehicle. Perhaps today's sudden drop is someone buying a stake as so far there has not been any great sell off. Hell of a price drop on no news or sells. Can currently buy and sell at least £1k worth of shares which makes a change. 70% down on this now so happy to wait until hell freezes over for some sort of action.

[double6] 05/7/2011 08:30

Looking at strategic options....could this include de-listing ?

[marab] 05/7/2011 08:17

Not exactly flying at the moment. Plummeting seems a better description. Anyone else still here or should I switch the light off?

[marab] 30/6/2011 08:29

squib, damp

[marab] 30/6/2011 08:21

Buy £1,000 worth at 1.76p, sell 1,000 shares at 1.75p.

[marab] 30/6/2011 08:13

2.25 bid, 2.00 offer ???

[marab] 30/6/2011 07:56

Final Results for 2010 on website

[sheldontrainers] 24/6/2011 12:41

I'm not sure which thread is actually being followed so I'll post this here as well as on the other thread:

Presumably the results are due next week.

Does anyone have any idea how trading has been and what we can expect? Unless they have a huge cash burn then cash should considerably exceed the current market value.

I have bought a few more this morning in anticipation.

[sheldontrainers] 24/6/2011 12:40

Presumably the results are due next week.

Does anyone have any idea how trading has been and what we can expect? Unless they have a huge cash burn then cash should considerably exceed the current market value.

I have bought a few more this morning in anticipation.

[tez123] 23/3/2011 12:44

My Cheapest Stock in a Long Time


Marketing services group Twenty Plc (TWE.L) is listed on the Alternative Investment Market in London. Its market capitalisation is a tiny GBP 1.7m at 3 Pence offer and the shares are somewhat illiquid, as expected, with trade amounts possible of up to GBP 3,000 (approximately $ 5,000).

The company's flotation took place in 2006 at a post-split price of 2.55p and the shares shot up to 6 Pence from just under 2 Pence upon news that a division was sold. This sale has eradicated TWE's debt and currently the company has, as per last interim results, net cash of GBP 1.55m.

Since April, 2010 when the shares hit 6p, the stock price has languished first due to traders taking profits followed by demoralised investors selling out.

The great news is that this May, Twenty will receive GBP 1.89m from the disposal as well as another GBP 1.06m in May, 2012.

Ignoring the money due in 2012 we can see that Twenty will have approximately GBP 3.44m once the money is received in May. The market capitalisation is only half of the net cash figure at GBP 1.7m. This discount is too large.

There are 57.2m shares in issue, ignoring options and warrants which only start vesting after 9p, which gives a per share value on the GBP 3.44m of 6p per share. Add in the remaining GBP 1.06m and we calculate a net cash value of 7.86p per share.

The great unknown, of course, is that no one knows for what purpose the company has earmarked the cash. A special dividend would not be shareholder friendly due to taxation, perhaps a return of capital would suit all parties. The fear is that the company will make a rushed acquisition and delete value to the business as opposed to adding value.

Past earnings have been lumpy with deficits recorded for year ending December, 2005 and 2008. Historically no dividend has been paid.

Director remuneration is broadly in-line with other microcap companies.

The share register is nicely spread. The CEO owns just over 20% whilst the FD owns just under 5%.

There are no other real assets apart from the usual office equipment and furniture. There is around GBP 4m goodwill on the balance sheet. Liabilities come to GBP 2.42 of which GBP 2.22m are payables.

I wish that this stock could be included in the monthly value competition but no foreign stocks are allowed hence this is only a short article to generally inform those interested in these types of companies. Further research should obviously be done before investing. However there is a large valuation discrepancy here as well as a catalyst to move the share price (when the news is released in May that the money has been received).

The company website is here:

Disclosure: Long TWE.L

[tez123] 23/3/2011 12:00

Short of stock here by the look of things.

[topinfo] 23/3/2011 11:49

124k buy at 4p, here we go!!

[tez123] 23/3/2011 11:08

My guess a re-rating to the 6.5p levels on the cards now.