Good buying including one for 250,000 got to be a good sign.

Yes its looking good, holding for 1.00 then i'm out...

At todays low...Is it time to get out?

TradingSports confirms talks with Terry Ramsden on 4.5 mln stg financing
AFX


LONDON (AFX) - TradingSports Exchange Systems PLC confirmed it is holding talks with Terry Ramsden, the former Japanese warrants trader-turned investor, about financing of up to 4.5 mln stg.

The company said it received a proposal from a number of institutional and other investors, led by Ramsden, to subscribe for up to 30 mln shares at 15 pence each.

TradingSports said final negotiations are still ongoing and that it will send a circular outlining the proposals to shareholders next week.

newsdesk@afxnews.com

ak/

anyone know what this means please

not sure whats goin on here, think there was a 250k buy this morning and the price fell, now another 500k buy, not moving yet. any ideas?!

30M shares to flood the market?

Yes I have seen... that is a very cheeky!!

I have just bought some Broker Network Holdings (BNH). I will be writing a post on there later as to why I bought them. I bought at 61p and expect minimum 1.30 return....

Legend,

Which online broker can I use for shares like TES and BNH? My broker, IMIWEB does not deal with these shares. Thanks.

Ramu

Well done leg end.

Looks like you have another, but what drew youto it?

ramu, look at broker advarts to see who deal on the AIM index.

Most do, one or two do not.

Go to the Motely Fool at www.fool.co.uk who usually have a few who they are pushing, but the cross sections will help.

If not look at hoodless brennan, Hargreaves & Lansdown, etrade, to name but a few.

In nmaming them I do not give any accompanying recommnedation, as to me they are all as good as each other.

I hope all you TES punters are out.

If not, look at the price

Seawallwalker,

Many thanks - I managed to buy a few BNH from Hoodless Brennan.

Ramu

Guys,

I have detailed reasons for investing personally if anyone is interested.

The company has a market capitalisation of just 11.68 million at the time
of writing - share price 77.5p. Having raised 2 million net in May this
puts the enterprise value of the company at under 10 million.

Brewin Dolphin are forecasting operating cashflow of 2.85 million in the
next financial year. Having already beaten Brewin Dolphin's forecasts for
the last reported year this looks more than feasible and would leave the
shares trading on a p/e ratio of 5.1. For a growth company this is
exceptionally low by any standards.

Furthermore, the cash generated is to be utilised by acquiring brokers on
very sensible terms. The fear, as highlighted in Investors Chronicle's buy
recommendation last Friday, is that acquisitions must be found. However,
Monday's announcement eases this worry and on this basis I decided to buy
and believe that the shares are significantly undervalued.

It would be interesting to hear anyones thoughts on the stock. I think with the cash element it will be a lot safer than Tradingsports Exchange systems and I might actually be able to sleep easier at night!!

legend, what is it your view on TES,REPLY MUCH APPRECIATE.

I tried to post on here last night but must have deleted itself?? Anyway, I have put something on BNS for you to look at cobras

what is going on with tes????????
i heard rumours of around 140p when things were going good. is it time to get back in???

I am waiting to see how far it does go down first. In the medium to long term I really think that this share will do very very well. Yesterday all of terry ramsdens companies took a hammering after a very pesimistic article published about him. When I bought the share, I had absolutely no idea he was going to be involved with this company and it has slightly put me off, now he is involved.

All the references i have read lately say 'stay well clear'.

hi legend
can you point me to the article
cheers