Transglobe Energy Corporation Live Discussion

Hedgehog100 25 Mar 2015

Re: Contract Win 25/03/2015 072 RNSNON Touchstone Gold Limited Contract win ... Franz Forrester, COO of Touchstone added: "We have previously provided updates to our shareholders that have confirmed the positive progress of GOS Systems. This latest news regarding a very important and significant client for one of GOS's premium services is exceptionally pleasing and further evidence of the value of GOS. Since GOS was acquired from the administrator it has not only retained its clients, but added to them both quantitatively as well as qualitatively. I look forward to providing shareholders with further positive news in the months ahead." ...[link] GOS's clients news in summary: 1. GOS Systems has retained its clients through the administration five months ago. 2. GOS Systems has added to its number of clients since then. 3. GOS Systems has increased the quality of its clients since then. This is in line with a point that I've made previously, that a stockmarket listing for a company often enables it to win contracts with some larger organisations who are wary of giving big contracts to smaller unlisted companies. The listing, together with the elimination of GOS's debt by the administration, to be replaced by TGL's cash, will clearly help greatly in due diligence by (potential) clients. And the increase in the number of clients is particularly significant because GOS doesn't actually have that many: it has a relatively small number of customers, who each spend a lot.

Hedgehog100 25 Mar 2015

Re: Contract Win 25/03/2015 072 RNSNON Touchstone Gold Limited Contract win "...GOS is pleased to announce that it has won a new contract to deploy Technical Surveillance Counter Measure (TSCM) equipment that provides intelligence-gathering services to a client that is a department within a Government. The contract will comprise an initial one-off payment as well as the potential to generate a longer-term support and maintenance revenue stream...."[link] Could be that this is a UK contract, for MI5/GCHQ ("a very important and significant client": the timeline fits with the extra £100M. the UK has recently allocated for such work. -"George Osborne: protecting Britons from terrorism is top priority Chancellor says MI5 and MI6 will get whatever resources they need, in response to call for new powers after Paris attack Friday 9 January 2015 10.47 GMT ... Osborne said the government had recently set aside an extra £100m to allow the intelligence agencies to monitor “self-starter” terrorists travelling to Iraq and Syria.“In the last few weeks we have put extra money – over £100m – into specifically monitoring people going to conflicts in Syria and Iraq, these self-starting terrorists who get their ideas off the internet and then go and want to perpetrate horrendous crimes,” he told the BBC. ... His remarks focused on the financial support the government will provide for Britain’s three intelligence agencies, the domestic agency, MI5, the overseas Secret Intelligence Service, MI6, and the UK’s GCHQ eavesdropping centre. But he also made clear his strong political support for MI5..."[link]

sharksy1 25 Mar 2015

Contract Win TOUCHSTONE GOLD25 Mar 2015 070:36Touchstone Gold LtdRNS Number : 3626ITouchstone Gold Limited25 March 2015 Touchstone Gold Limited ("Touchstone" or the "Company" GOS Systems Wins Government Contract London, 25 March 2015 - Touchstone (AIM: TGL), the AIM listed investment company, provides an update on GOS Systems ("GOS", a UK security technology group recently acquired in accordance with Touchstone's investment policy. GOS is pleased to announce that it has won a new contract to deploy Technical Surveillance Counter Measure (TSCM) equipment that provides intelligence-gathering services to a client that is a department within a Government. The contract will comprise an initial one-off payment as well as the potential to generate a longer-term support and maintenance revenue stream. The solution, which is based on GOS' proprietary technology, will deliver monitoring systems to assist the client with targeted intelligence gathering capability, threat identification and the ability to track such threats effectively in a timely and secure manner. Jamie Ridealgh, GOS Chief Executive Officer, said: "We are delighted to have won this new contract. The cost effectiveness and flexibility of our solutions, combined with the high level of demand for high quality security products, is attracting interest from local and overseas public security organisations. GOS is well placed to benefit from the growing market in intelligence gathering and secure communications." Franz Forrester, COO of Touchstone added: "We have previously provided updates to our shareholders that have confirmed the positive progress of GOS Systems. This latest news regarding a very important and significant client for one of GOS's premium services is exceptionally pleasing and further evidence of the value of GOS. Since GOS was acquired from the administrator it has not only retained its clients, but added to them both quantitatively as well as qualitatively. I look forward to providing shareholders with further positive news in the months ahead." About GOS Systems · GOS Systems is a UK security group providing a range of leading-edge tactical and strategic intelligence gathering and secure communication solutions for law enforcement, homeland security and government agencies around the world.· GOS' intelligence gathering solutions provide real-time monitoring of cellular, voice, SMS, and IMSI and IMEI metadata.· GOS' safe communications solution offers secure mobile telephony services to ensure privacy and security for customers. For further information please contact: Touchstone Gold LimitedTrevor Wells Tel: +44 203 301 9337finnCap LtdEd Frisby / Simon Hicks Tel: +44 20 7220 0500Peterhouse Corporate Finance LimitedTel: +44 20 7469 0936Lucy Williams This information is provided by RNSThe company news service from the London Stock Exchange END

Hedgehog100 24 Mar 2015

Updated GOS Systems Website Thanks to YellowSnow on LSE for this great news three days ago from GOS's website:"There have been changes to the GOS website. With some interesting stuff on it.They candidly express that GOS is growing rapidly which doesn't come as a big surprise, it's little hints like this which makes me think once they release results and announce what the future revenues will look like, the re-rating will begin.Last week tuesday I think, someone picked up £20k 's worth 4m+ shares.Looking forward to the coming months, Get stuck in people!"YellowSnow - Sat 08:32Recommend 2 | Report!!![link] are growing rapidly through an aggressive ‘build and buy’ strategy targeting specialist, world-class technology businesses based around our core proposition of intelligence collection and analysis, including target identification and location.GOS Systems is part of Touchstone Gold Ltd which is listed on the AIM in London (AIM:TGL)"[link] "growing rapidly" statement is explicit confirmation of what was already being indicated, but is still great news.And coming just ahead of a trading statement for GOS ... I CAN'T WAIT!!Similarly with the "aggressive ‘build and buy’ strategy targeting specialist, world-class technology businesses" part.News on a quality tech acquisition should be imminent, and again I can't wait!!

Hedgehog100 23 Mar 2015

Re: 23.3.15 MVNO RNS From the November 2014 investor presentation of GOS Systems:"Secure Communications• GOS provides a suite of securecommunications systems and solutionsto government, homeland security,defence and commercial customers• Invisilink is a system for governmentclients that delivers secure mobiletelephony services to ensure privacyand security for all parties• The service is sold on a subscriptionbasis in the UK, and internationally it isoffered as a complete solution forbetween £350,000 and £500,000"GOS's services will increasingly be seen as essential given the current and projected security situation.Providing handsome high-margin and recurring revenues for GOS, in this high-growth and hard-to-enter market.Backed by a hugely impressive management team, and the financial muscle and deal-making ability of Stanhill Capital.And GOS's new Mobile Virtual Network Operator (MVNO) status, announced today, sets it up beautifully for a step change in turnover and size.As an MVNO, GOS is now in the same category as Virgin Mobile:"Virgin Mobile UK is a mobile phone service provider operating in the United Kingdom, and a subsidiary of Virgin Media. The company was launched by Virgin Group in 1999 as the world's first Mobile Virtual Network Operator (MVNO)."[link] with a very nice 'twist': i.e. GOS'S secure communications offering gives it a niche that is becoming increasingly sought after, but hard to deliver.The phrase 'licence to print money' springs to mind.

Hedgehog100 23 Mar 2015

23.3.15 MVNO RNS 23/03/2015 071 RNSNON Touchstone Gold Limited GOS Systems signs new MVNO agreement"London, 23 March 2015 - Touchstone (AIM: TGL), the AIM listed investment company, provides an update on GOS Systems ("GOS", a UK security technology group recently acquired in accordance with Touchstone's investment policy.GOS has entered into a Mobile Virtual Network Operator (MVNO) agreement with a British telecommunications services provider. The MVNO agreement strengthens the GOS's capabilities in the provision of secure communications. In particular, the MVNO status enables GOS to integrate its mobile services more cost effectively and extends the growth of GOS' secure voice and covert communication management systems. Customers will benefit from a seamless, resilient and secure communications system supported and billed by GOS.Jamie Ridealgh, Chief Executive Officer of GOS, said:"We are delighted to enter into a new MNVO agreement. The arrangements further advance our strategy of growing GOS' product offering to existing and new customers as we focus on expanding our global customer footprint and increasing recurring revenue. We are well positioned to benefit from a sizeable and growing number of customers already choosing GOS, and we see firm opportunities in both the near and medium term to further accelerate our growth."Franz Forrester, COO of Touchstone commented:"Following the acquisition of GOS Systems, the nature and quality of investment opportunities that we are seeing has increased very markedly, particularly in the area of cyber security. We are pleased with the progress made by GOS Systems but also wish to inform our shareholders that we continue to review new investment opportunities."About GOS Systems-- GOS Systems is a UK security group providing a range of leading-edge tactical and strategic intelligence gathering and secure communication solutions for law enforcement, homeland security and government agencies around the world.-- GOS' intelligence gathering solutions provide real-time monitoring of cellular, voice, SMS, and IMSI and IMEI metadata.-- GOS' safe communications solution offers secure mobile telephony services to ensure privacy and security for customers."[link] stuff.They are clearly intending to grow this company very significantly, and have the expertise and backing to do it.Remember that the Chairman of GOS Systems, Peter McKee, was previously head of TRL Electronics (TRL), a similar company.TRL IPOed in July 2004 at 130p, and was taken over within two years at 360p (about £90M.), nearly three times as much.[link]

Hedgehog100 21 Mar 2015

Key Attributes of Touchstone-GOS KEY ATTRIBUTES OF TOUCHSTONE-GOS (TGL): 1. Homeland security demand is growing strongly. - Money is pouring in for GOS's essential services. - GOS's business is growing strongly. 2. GOS's other business economics are very positive: - Recurring revenues. - High-margins. - Stiff barriers to entry. 3. Management with proven track-record of achieving success. 4. Multi-million pound turnover, profitable. 5. Cash-rich. 6. Valuable patented intellectual property. 7. Further acquisitions expected. 8. Blue-sky quantum computing angle. 9. Lowly valuation (cap. £3.03M.: 0.5p x 605,982,800 shares in issue), but potential for re-rating to sky-high tech rating. 10. Chart in strategic uptrend over eleven months, & now rising just above strong 0.4p support level. The icing on the cake is that there has been massive insider buying by Ilyas Khan. TGL has multiple potential positive near-term share price catalysts, including a March trading update.

Hedgehog100 15 Mar 2015

3.3.15 Holding(s) RNS Ilyas Khan has now relatively recently bought 21.8 million TGL shares (i.e. all of the 18,250,000 he sold, plus 3.55 million extra):1. Subscribed for 3,400,000 shares6/11/2014 11:50 UKREG Touchstone Gold Limited Holding(s) in Company[link] Bought 1,800,000 TGL shares in the market::10/11/2014 180 UKREG Touchstone Gold Limited Issue of Equity and Holdings in the Company[link] Bought 2,000,000 TGL shares in the market:11/11/2014 16:35 UKREG Touchstone Gold Limited Holdings in the Company[link] Bought 3,500,000 TGL shares in the market:24/11/2014 13:59 UKREG Touchstone Gold Limited Holding(s) in Company[link] Bought 4,850,000 TGL shares in the market8/01/2015 14:38 UKREG Touchstone Gold Limited Holding(s) in Company[link] Subscribed for 6,250,000 TGL shares3/03/2015 17:45 UKREG Touchstone Gold Limited Holding(s) in Company[link] the start of 2014 Ilyas Khan has actually increased his holding of TGL shares by over thirty two million: 32,720,276 to be precise.In addition, I.K. may also have subscribed for TGL consolidated loan notes, which would have increased his investment into TGL since the start of last year still further.

Hedgehog100 28 Feb 2015

Two K.M. posts from ADVFN, 12.2.15 KiwiMonk 12 Feb'15 - 08:35 - 4237 of 4416 7 0 "there's a few of them. stig is the best, everything he deramps goes on to multibag.kibo from 1.5p to 8p is a recent deramp hah.Valued at £30m on £3m+ of revenues in 2013 - what price in 2015 with Security market the hottest area to invest in.With a good strategy, £50m wouldn't be out of the realms of possibility with Worldwide Government and Multi national contracts.Bit of PR and 5p won't be far off.NAIKM"KiwiMonk 12 Feb'15 - 09:20 - 4238 of 4416 10 0 "edit: - £3.5m & a 10% net profit margin.Now with Reduced cost base and fully re-structured i.e NO DEBT!What profit margin now. Shall we be daring and say 20% NPM.= £700k paSee how quickly these numbers can be pushed up now that GOS is a financial New Entity.Raise the Revenues to a Conservative Run Rate of £7m looking out a year£1.4m profit.a Forward p/e of 20 gives a Mk Cap of £28mThe City were valuing this @ £30m. They obviously had a higher growth rate in mind.Whichever way you look at it. It's current £1.9m valuation is far too cheap. IMHO.KM"[link]

Hedgehog100 28 Feb 2015

Two posts from LSE, 23.2.15 & 24.2.15 Two good posts from LSE from earlier this week:"YellowSnowPosts: 3ObservationOpinion: Strong BuyPrice: 0.43Get Ready Mon 09:12 Lift Off ImminentCould be a Quantum Event as GOS pumps out the Dough, I think Almedia is on board with Prof Gibson to get into The Bleeding Edge Technology and Turn this into a very large company.Why would Almedia, an uber successful businessman suddenly turn up as a director at TGL? He's made millions in the past.Ilyas Khan, Multi Millionaire as well.Professor Gibson a leading Quantum Scientist.If this company isn't £100m mk cap in two years, i'm a dutchman "[link] 23Off TopicOpinion: No OpinionPrice: 0.41Getting there Tue 13:32 Short changed alright, IK the boys have continued to load up at dirt cheap prices, certainly cheap if it is to be believed that we are going places and that the old GOS was going to market with an IPO valued at £30 million, so it's all about "follow the money" this is the New improved and debt free GOS after all.The CQC link and in particular Prof Gibsons role will become more apparent once GOS are up and running profitably, I think it was hedgehog that stated the possibility of a money making business being the front runner in TGL's strategy, then linking up with a second business that was was more research orientated and experimental in the area of Quantum computing."[link]

Hedgehog100 26 Feb 2015

Re: 23.2.15 Jamie Ridealgh RNS It's also interesting that TGL are talking about their recent technology upgrades in the past tense:23/02/2015 15:37 RNSNON Touchstone Gold Limited Jamie Ridealgh Appointed to Executive Team" ... Franz Forrester, Chief Operating Officer of TGL commented, "We are delighted to have Jamie join the executive team. Jamie is an accomplished executive with an impressive career history in the security and technology industry. Jamie will bring to bear his vast experience in operations, sales, and product development experience to maximise growth potential in a number of operational areas and markets.Our recent technology upgrades and new clients continue to drive our capabilities and growth, and Jamie's operational and commercial expertise dovetails perfectly with the expansion plans already in progress within the company." ..."[link] only announced a month ago that it had started these upgrades:26/01/2015 070 RNSNON Touchstone Gold Limited GOS Systems to Upgrade Networks" ... GOS has begun implementing upgrades to enhance its core voice and data network in order to ensure that the networks can meet growing demand from existing and new customers. ..."[link] yet it looks like the work has been completed already, and within pre-existing financial resources.This is clearly very encouraging regarding the company's swiftness and efficiency of action.

Hedgehog100 26 Feb 2015

23.2.15 Jamie Ridealgh RNS 23/02/2015 15:37 RNSNON Touchstone Gold Limited Jamie Ridealgh Appointed to Executive Team" Former Western Canadian Director of Operations at G4S Secure Solutions brings world-class operational security and commercial experience to TouchstoneLondon, 23 February 2015 - Touchstone (AIM: TGL), the AIM listed investment company today announces that its wholly owned subsidiary TGL Services which acquired GOS Systems ("GOS" in late 2014, has appointed Mr Jamie Ridealgh as Chief Executive Officer. In his role, Jamie will lead the executive team, and the operations, sales, and product development teams.Jamie brings over 15 years of operational security experience, with a track record in the military, governmental, and commercial sectors across the world.Leading up to this role, Jamie was Director of Operations, Western Canada for G4S Secure Solutions (Canada) Ltd where he was instrumental in formulating and delivering operational planning efficiency. Previously, Jamie was a Regional Intelligence Officer operating from 24th Marine Expeditionary Unit headquarters and was key in bringing civil and military operations closer together to support an integrated approach to reconstruction projects in Iraq. Jamie has also consulted for various international defence and intelligence companies, and initially began his career with the British Army serving in the UK, Northern Ireland, Germany and Iraq.Franz Forrester, Chief Operating Officer of TGL commented, "We are delighted to have Jamie join the executive team. Jamie is an accomplished executive with an impressive career history in the security and technology industry. Jamie will bring to bear his vast experience in operations, sales, and product development experience to maximise growth potential in a number of operational areas and markets.Our recent technology upgrades and new clients continue to drive our capabilities and growth, and Jamie's operational and commercial expertise dovetails perfectly with the expansion plans already in progress within the company."[link] KiwiMonk on ADVFN:KiwiMonk 23 Feb'15 - 17:14 - 4392 of 4412 6 0 "This is BIG NEWSA Quality CEO with major experience in Intelligence across the World and in Government.They are going to turn this into something BIG. ... "[link] is Canada's leading provider of security solutionsG4S works to ensure the safety and security of millions of people worldwide.As Canada’s leading provider of security solutions, we offer a unique combination of services including risk assessments, security personnel, security technologies, screening services and cash management solutions. G4S employs thousands of Canadians and operates in offices across the country. ... "[link] presumably sees moving to GOS Systems as offering something more, which gives an indication of the quite massive potential here.His North American background could also be very helpful to any GOS Systems expansion 'across the pond'.The CEO of GOS Systems, Steve Berry, seems to be staying on:[link] SB is still shown as chairman of TGL's company Smart Desk Systems:[link] why does TGL need another CEO, to run TGL Services, as an 'umbrella' over GOS & SDS?It suggests that more acquisitions are coming, to help justify this role.Expect news in the short-term.

Hedgehog100 20 Feb 2015

Re: 20.2.15 Placing RNS The trend in the TGL placing prices is going UP: 0.275p last April (shell refinancing), 0.38p last October (GOS Systems acquisition), and 0.4p now.And look what happened after the last two placings: they marked the bottom of a trough, and preceeded a share price doubling/trebling.My feeling (a tad cynically perhaps) is that a major purpose of this placing is to allow insiders to buy in ahead of the March trading update, and the next acquisition. Ilyas Khan in particular will have wanted to rebuy his full holding at less than the price he sold for, and I would imagine that he has now done that.I would hope therefore that this now marks the end of yo yoing troughs and spikes in the 0.4p-1p range, and that TGL can now start a relatively steady and SUSTAINED rise.

Hedgehog100 20 Feb 2015

20.2.15 Placing RNS 20/02/2015 070 UKREG Touchstone Gold Limited Issue of Equity"London, 20 February 2015 - Touchstone (AIM:TGL), the AIM listed investment company today announces that it has placed 125,000,000 common shares of no par value in the Company (the "Placing Shares" at 0.40 pence per share with a number of existing and new investors to raise GBP500,000 (the "Placing". The Placing has been undertaken by Peterhouse Corporate Finance...."[link] key points and observations from today's RNS:1. "The proceeds of the Placing will fund the continued growth and development of portfolio company GOS Systems ("GOS" and will assist GOS with accelerated product development and with expanding international sales channels that are showing positive potential."I.E. THE FUNDS ARE BEING USED FOR ACCELERATED EXPANSION, WITH INTERNATIONAL INTEREST GROWING.2. ""As we now know, GOS has emerged from administration much better than we could have hoped for and as a result, we are pleased to confirm that not only have existing customers remained with GOS Systems, but that GOS has added new customers both in the United Kingdom and also overseas...."EXPECTATIONS AT THE 4TH. NOVEMBER ACQUISITION OF GOS SYSTEMS HAVE BEEN GREATLY EXCEEDED, & NEW INTERNATIONAL BUSINESS HAS ALREADY BEEN WON.3. " ... There is an established customer base, for whom GOS' products provide essential services. ... "THIS IS THE QUISSENTIAL NON-DISCRETIONARY BUSINESS: THE RISKS TO LIFE AND PROPERTY BEING COMBATTED ARE JUST VAST (THE POTENTIAL ECONOMIC HIT FROM A MAJOR TERROR ATTACK SCARING PEOPLE AWAY FROM MALLS & PUBLIC TRANSPORT COULD BE MANY BILLIONS).TGL now looks like a quite compelling buy at just 0.425p.No need to post too much, as the coming RNSes and s.p. movement should do all the talking necessary.Just kick back and enjoy the ride.

Hedgehog100 09 Feb 2015

Re: SCSW Tips Digital Barriers From the SCSW website:"Digital Barriers - Building world class IP in defence sectorFebruary 2015Advance surveillance solutions supplier Digital Barriers (DGB; 49p) marries three themes – the growth of international homeland security and defence markets; high levels of intellectual property; and strong management – as a likely contender for stockmarket success.The ..."[link] of those three themes identified by SCSW also apply very strongly to GOS Systems, but with GOS's owner TGL at a small fraction of the market cap. of DGB.Digital Barriers (DGB) market cap. £45.2M. at 53.5pTouchstone (TGL) market cap. £2.52m. at 0.525p