Hedgehog100
11 Dec 2014
Another impressive new director With TGL's new director appointment this week, the team here is now looking very impressive indeed, and I am confident that they have great things in store for this company
8/12/2014 070 UKREG Touchstone Gold Limited Appointment of New Director"London, 8 December 2014 - Touchstone, the AIM listed investment company, is pleased to announce the appointment of Richard Almeida to its Board as non-executive director.Richard Almeida's career spans over 20 years in the global technology industry as a business founder and business builder, with a successful track record of businesses that he founded being sold to large global technology companies. Richard has worked at Board and Senior Management level at a number of international companies. He served as founding shareholder and Chief Technology Officer of INSnet (later acquired by Cable & Wireless) and a founder of Nominet UK, and Network Managers (later acquired by Microsoft). He continues as advisor to early stage technology companies, including businesses in the 'big data' sectors. ..."[link]
Ray_the_Bold
07 Dec 2014
Re: Second 11.11.14 RNS: Yet More I.K. Buyin... Come on IK/GOS give us a nice Christmas present!P L E A S E!!!!!!!!!!!!!!!! 
Hedgehog100
29 Nov 2014
Re: 28.11.14 CQCL RNS So, a CQCL RTO into TGL?Don't rule it out!!What about the 31st. October denial from TGL? -31/10/2014 17:41 UKREG Touchstone Gold Limited Directorate change and Placing"...The Company would like to clarify it has no intention of a transaction involving Cambridge Quantum Computing Limited for which company Arthur Gibson is Special Advisor to the Board. The Company continues to evaluate opportunities in a number of sectors including the applications of quantum computing technologies...."[link] think that was a time-limited reference: i.e. at that point they had no intention of such a transaction immediately.Other communications from TGL have been more equivocal regarding CQCL's intentions, indicating that CQCL needed to advance a bit more first, and then decide upon its route to market.Bearing in mind GOS's very unfortunate experience with the IPO route, then the RTO route for CQCL will surely make sense to Stanhill, especially with TGL available as such a natural home.And this would also help to explain why Ilyas Khan wanted to keep a bit of a lid on the TGL share price earlier this year, but has more recently bought 10.7 million TGL shares.I.e. TGL needs to be just the right size for an anticipated RTO.
Hedgehog100
29 Nov 2014
28.11.14 CQCL RNS "RNS Number : 3277YCambridge Quantum Computing Ltd28 November 2014 ...Cambridge, 28 November 2014 - CQCL is pleased to confirm that Sir Nigel Broomfield KCMG has taken up the position of Chairman of the Board of Directors.Sir Nigel Broomfield commented: "The emergence of quantum computing as a reality in the coming years cannot be underestimated in terms of its impact on areas such as national security, secure communications, financial services and bio-technology. The contribution of new and innovative companies towards this important technology will be critical. I, and my colleagues at CQCL, think it is essential that British companies be at the forefront of these developments. I am therefore very pleased to take up this non-executive position at an important stage in the work of CQCL." ... "[link] that the first two quantum computing areas mentioned by Sir Nigel are national security and secure communications: i.e. two areas that are absolutely key to the work of TGL's new acquisition GOS Systems.It's also interesting that CQCL is using the London Stock Exchange's RNS system to make this announcement, even though it is unlisted ... though perhaps for not much longer."...RNS is both a regulatory and financial communications channel for companies to communicate with the professional investor...."[link] Systems remember was using RNS ahead of its planned floatation last year.From the GOS Systems intention to float RNS July 2013:"GOS has the following key strengths:· Strength and depth of management team ...· Differentiated high margin products and services· IPR and know-how GOS has 13 patent families across the Group ...· Existing commercial relationships built on trust ...· Significant growth market opportunity with high barriers to entry ... "[link] then there's the recent appointment of CQCL's Professor Arthur Gibson as a new TGL director.
Hedgehog100
27 Nov 2014
GOS administrator document A very useful post from ADVFN yesterday:godolphin 26 Nov'14 - 11:49 - 2595 of 2650 2 0"There's a "statement of administrators proposals" at companies house for Gos. Quite a lot in it. The business was valued and it seems they had two offers, one from an employee. The failed IPO costs are unimaginable (£1.8m)! lol.Only costs a quid."[link] work there by Godolphin.GOS Systems had to pay £400K. to the broker for their aborted 2013 IPO, but there must have been other costs as well.Then in 2014 they tried to come back again, but were scuppered again in bad market conditions, not helped by the level of the accumulated debt.Total debt must have been well over £2M. I would think, and possibly as high as £3M., with some probably stemming from prior acquisitions and investment.That's a relative mountain for a company that size, and would have become increasingly difficult to service and refinance as the debt grew.So it's no surprise that GOS went into administration, and that was no reflection upon the quality of its business.But the good news is that with all that debt now stripped away by the administration, and the company instead benefiting from TGL's cash and public listing, GOS is now an ENTIRELY different prospect: the situation is a different as chalk and cheese.And not just financially: because management and staff time and stress in dealing with all that debt, and trying to float, is now removed, so GOS's people can concentrate on what they do best: which is growing the company.We probably know more about GOS's current financial situation at the moment than with most listed companies: because we know that as at 4th. November it was entirely debt-free, and also has the £500K. of cash provided by TGL for GOS.And that GOS has recently been profitable but for its debt and increased investment ... debt which has now gone.In summary, TGL is cash-rich, it's new acquisition GOS Systems is profitable, and the acquisition RNS makes it very clear that finances are great.The administration has been no impact upon GOS's clients, and the period of administration was negligible.GOS's customers will actually feel more confident about it now, because of it now being publicly listed, and being on a much firmer financial footing.
Hedgehog100
27 Nov 2014
Re: £130M. new sector funding "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."[link]
Hedgehog100
27 Nov 2014
Re: £130M. new sector funding "... in the short term, the stock market behaves like a voting machine, but in the long term it acts like a weighing machine (i.e. its true value will in the long run be reflected in its stock price)." [link]
Hedgehog100
27 Nov 2014
£130M. new sector funding Our Prime Minister has just announced £130M. of additional funding for GOS's sector: "Lee Rigby murder: MI5 did not see Adebowale social media page saying 'Let's kill a soldier' Joe Murphy, Political Editor Nicholas Cecil Published: 25 November 2014 Updated: 08:37, 26 November 2014 ... The Prime Minister reviewed areas of the report including dealing with foreign fighters, tackling internet use by terror suspects and boosting the ability of security services to investigate them. He announced the government would make an extra £130 million available to security services to monitor and disrupt so-called “self-starter” terrorists. ..."[link] Well done to the Government for committing such large additional resources to homeland security. In this era of government cutbacks, it highlights just how essential this work is. Other countries are also likely to increase their provision. And I would fully expect GOS Systems to be a major beneficiary. Talk about being in the right place at the right time. GOS's revenues are almost certain to soar in my opinion, and major new contract wins may be expected in the short-term, especially as GOS is now listed. GOS's track record of trust and reliability, allied to their impressive technology (13 families of patents), means that security agencies may have few, if any, other companies to turn for their work. The market hasn't yet picked up upon this quite explosive opportunity with TGL, but it will in due course, and the share price should explode upwards accordingly. Fair value must surely be upwards of a penny plus even before further developments. Anything less just looks so ludicrously undervalued. For GOS Systems alone, now it's debt-free, listed, and with cash backing, how can you possibly justify a valuation of less than two times revenues, minimum?
Ray_the_Bold
26 Nov 2014
Re: Unlocking the master plan I should add that thias has got to be a fantastic time to buy/top up at these prices before the start of positive news flow.
Ray_the_Bold
26 Nov 2014
Re: Unlocking the master plan All looks very good indeed, should see some action here soon enough.Having said this AIM at the moment is looking about as irrational and manipulated as ever, an old dog might be valued at £10's of millions, while gold dust is chucked down the bog and the chain pulled!If this could just hit say 2p-3p I'd sell up and bye bye time!
Hedgehog100
26 Nov 2014
Re: Unlocking the master plan The speed with which TGL completed a "substantial transaction" just four months after becoming an investment company (at the company's 30.6.14 AGM) was faster than the norm by multiples. 30/06/2014 15:18 UKREG Touchstone Gold Limited Result of AGM[link] And coming immediately after Tom Winnifriths 'warning' that the company was a 'lifestyle shell' in my opinion showed great ignorance of the company, and left him with a lot of egg on his face. But it wasn't just the speed, but the quality and price as well. TGL have completed a company-making acquisition in a high-growth, high-tech sector, of a business with thirteen patent families, high barriers to entry, and providing essential, recurring, high-margin services. With turnover of millions of pounds, and profitable last year but for its debt (which the administration has now eradicated - leaving the company cash-rich in TGL). And they've done it with dilution to investors of just a fifth, a tiny fraction of what most shells incur. The debt was brought about by the debt built-up by acquisitions, and worsened by £400K. of aborted IPO fees due to market conditions. These are exceptional factors, so won't influence ongoing profitability. One thing TW did get right though was in his initial observation that "Ilyas Khan is no fool", and TGL's acquisition of GOS Systems certainly proves it ... as does IK's recent buying of 10.7 million TGL shares.TGL's acquisition of GOS Systems helps TGL greatly in the following ways: 1. It is very value-enhancing in its own right, which gives TGL's shares more weight in acquisitions. 2. It can help to attract complementary businesses who see something that they really want to be a part of. 3. It is indicative: of TGL's speed of action, value-enhancing deal-making ability, and of the fact that THIS is Stanhill's pre-eminent vehicle for its best technology acquisition opportunities. Professor Arthur Gibson's appointment underpins this. And this all feeds into points 1 and 2 above.TGL's last move to 1p was a spike based on hope.But its next move to 1p should be a re-rating based upon reality ... and a basis for a move to 2p+.Some investors may wish they had sold (more) on the spike, and so may compensate by selling out on the next move to 1p.That's understandable psychologically, but not logical: I would at the very least hang on to some.
Hedgehog100
26 Nov 2014
Unlocking the master plan TGL's recent acquisition of GOS Systems is the key to unlocking the rest of the 'master plan' here, as indicated in TGL's recent acquisition announcement:GOS can help to attract complementary businesses who see something that they really want to be a part of.And GOS also helps to underpin TGL's current value, giving TGL's shares more weight in acquisitions.It's no coincidence that Professor Arthur Gibson has come on board here at about the same time (31st. October) that TGL was finalising the acquisition of GOS.His role is to lead in advanced technical assessment of potential acquisitions, to enable TGL to choose the best options.I would imagine that TGL has a short-list of competing candidates, as in the case of ADA:17/09/2014 09:31 UKREG Adams PLC Final Results"...During the year the Board, in cooperation with shareholders and external advisers, reviewed a range of investment opportunities and I am pleased to inform you that a short list has been decided upon and is being advanced. We hope that the final choice will deliver substantial value to shareholders...."The TGL s.p. (0.43p) is artificially depressed at the moment, for two related reasons:1. Open short positions.2. Campaign of smears and disinformation.Therefore TGL's move from being a shell to being an operational company, in a high growth, high tech area, is not yet reflected in the s.p.And that's a clear buy opportunity.As the truth comes out more fully, buyers should start piling in.And when the shorters start getting margins calls things will get really interesting ...TGL's main potential share price catalysts over the coming weeks and months are:1. RTO (reverse takeover).2. GOS Systems contract wins, and trading update.3. Tie-up with Cambridge Quantum Computing Ltd.4. Name change.(TGL is currently seen by some as a gold mining explo. minnow - a sector so out of favour that many investors won't even look at it.)5. Investment presentations and tips, e.g. by Small Company Share Watch (which tipped TRL), Techinvest, etc.Potentially the Concha of 2015 in my opinion.A very realistic scenario a year from now is this: multi-million pound turnover, hundreds of K. of earnings, quantum computing exposure, sky-high tech rating ... and a market cap. of £ tens of millions.
Ray_the_Bold
26 Nov 2014
Re: Got to be worth £50 mill 500k buy at under the bid, you can still buy at mid price. Buys still showing up as sales. Over on LSE, all todays buys are up as sales.Price should be 41/43p!
Ray_the_Bold
26 Nov 2014
Re: Got to be worth £50 mill And yet we stand at a miserable market cap of about 2miln. Market have got this one completely wrong...A market cap of £50 miln would be a 25bagger from here with a share price of just over 10p,,, more than enough for me! No wonder IK is buying back dirt cheap the shares he traded last month, hes no mug!
Tiny Rowland
26 Nov 2014
Got to be worth £50 mill Think of the Threats that the world faces from extremists. one of the best ways is to infiltrate the enemy's use of Technology. This is what GOS specialise in. with their own technology. Patented Technology!If this had £30m mk cap tagged to it July 13. Then who can argue against that valuation now with the higher levels of threats, means higher value. Now....£50million Mk Cap +
