I have held Turbo Genset since last August and watched it go down, down, down! I had hoped the New York power problems might have given this a lift. Any comments?

All confirming my thoughts. Thank you for input. Think I shall write this one off as a loss against some gains but my sale will probably precipitate a power outage in New York next week!

jj the quick exit I referred to would have been around 35-30p level.
As it is now down a long way it is always possible that it could turn up again. I know nothing of the history of the company and am only looking at the TA aspect apparent on the indicators shown on this thread. It is also a long while until you can offset any capitol losses. Could be worth giving this some thought jj
Rgds
opto

I was rather bullish on this some time ago on the basis of potentiol orders from China but decided I was wasting my time (and money) so cut my losses and put the money into other things. However good luck if your still in.

Janus, interested in your comments. I had bought on the strength of a Middle East marketing agreement. There was also word of a new portable 400kw generator due out in "mid 2004" so shall check if there is any news on this front before I take any action.

It was last year that I got interested mainly on the strengh of the Kadoorie family taking a stake. Michael Kadoorie is the Chairman of CLP Power Hong Kong which is a large provider on the Chinese mainland. He is also friendly with the Chinese President.

Thought I still had a copy of the Numis brokers note issued in Jan but I must have zapped it. I seem to remember they were talking about a valuation of 55p. Mmm shows how good (not) brokers notes are I guess.

I think at this point you have to be very optistic but stranger things have happened.

Some good news today and a 14% rise!

Turbo Genset (TGN) wins high-speed motor deal from SKF; sees initial value of SKF deal exceeding 6 million.

Numis is still urging its clients to pile in to Turbo, reiterating a 55p target price.

Thanks Janus. I don't think I would be taking Numis' advice if I wasn't already in but I am going to hold tight for the time being.

Up 4p today; not as chronic as I thought. Numis must know something I don't!