The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Search articles by EPIC code

Tekmar – interims, argues “robust balance sheet”… but also appoints a new broker...

2020-12-01 16:17:59

Self-styled “a leading provider of technology and services for the global offshore energy markets”, Tekmar Group (TGP) has updated including October-appointed CEO Alasdair MacDonald emphasising “the fundamentals of this business are strong and I have no doubt that we can capitalise on the structural growth forecast in our core market and deliver sustainable returns for our shareholders” – and the shares have currently responded towards 80p, more than 15% higher...


Tekmar – update… why nothing re. bottom-line performance I wonder?!

2020-10-30 14:39:49

Previously writing on self-styled “a leading provider of technology and services for the global offshore energy markets” Tekmar Group (TGP), in May with the shares at 120p I questioned it “well placed to navigate this period of uncertainty” and concluded I currently continue to avoid. Having commenced today at 71.5p, “an update on the new CEO's Review, a trading update ahead of the group's half year results for the six months ended 30 September 2020, and a change to its financial year end”...


Tekmar – “well placed to navigate this period of uncertainty”?

2020-05-06 08:21:31

Technology provider of subsea protection systems, Tekmar Group (TGP) has updated including emphasising its revenue growth and “a record year end Order Book of no less than £10 million”… “despite the lockdown and social distancing measures associated with COVID-19 impacting the group's activity in the heavily Q4 weighted period”. Having commenced April below 100p, the shares have currently responded further higher to 120p...


Tekmar – significant China impact… & that not all…

2020-02-18 11:39:50

Subsea protection systems group Tekmar (TGP) has updated including that it “now expects that the group's earnings in FY20 will be broadly in line with those achieved in FY19”. That is with it having announced half-year adjusted earnings per share of 2.2p, comparing to -4p for the first half of the prior year and 6.2p for that full-year – and the shares are currently responding back to around 120p, more than 20% lower…


Tekmar Group – having IPO’d less than 11 months ago ‘in line with expectations’… or not?

2019-04-29 15:10:48

With the shares down from a 130p per share June 2018 AIM IPO, now a “Notice of Results and Trading Update” from subsea protection equipment group Tekmar (TGP)...


Tekmar – interims. Given the recent listing should be fine, surely?

2018-12-04 07:26:18

On 20th June James Ritchie, CEO of Tekmar Group (TGP) - “a market-leading technology provider of protection systems for subsea cable, umbilical and flexible pipes and offshore engineering services” - hailed the company listing on AIM, with a 130p per share fundraise “well supported by blue chip institutional investors… we firmly believe it will enable us to accelerate our growth and maximise our potential”. The shares closed yesterday at 127.5p – and now a half-year results announcement. Given the recent listing should be fine, surely?...

Search ShareProphets |

Recent Comments |

About ShareProphets

Contact Us

Advertise With Us

Send Us A Tip


Terms of Service

Privacy Policy

Cookie Policy

Forgot My Password

Forgot My Username

Resend Account Validation Token

Site by Everywhen