Toad have changed their name to TG21 PLC and have also got a new EPIC (TGP).

Major shareholders and the directors' holdings:

Shares in issue: 81.4m 10p Ords
Major Shareholders Amount % Holding
Barclayshare Nominees Ltd 5,995,004 7.65
Sir Christopher Evans 4,569,628 5.83
Carglass Luxembourg Sarl NV 3,639,949 4.65
TD Waterhouse 2,723,980 3.48

Other Directors Amount % Holding
Nicholas Grimond 2,021,739 2.581
Peter Terry Ward 1,579,333 2.016
David A Voss 392,453 0.501
Wilson W Jennings 50,000 0.064
Stuart Arthur Gall 12,347 0.016

Updated Broker forecast (from Seymour Pierce):
..............................................2005 ............ 2006
Broker ........ Date ...Rec ... Pre-tax () EPS(p) DPS(p) Pre-tax() EPS(p) DPS(p)
Seymour Pierce 18-03-05 OUTP .... 1.80 .....1.90 ... - .... 1.93 ... 2.10 ... -

Growth (%) 13.21 10.53
Standard Deviation (p) 0.00 0.00
PE Prospective (x) 4.87 4.40 @9.25p

Newsflow:
10 Sep 2002 - Interim Results - Company returns to profits
11 Sep 2002 - Share Issue - 858369 shares issued to vendors of S C Hill
19 Mar 2003 - Final Results - operating profit of 1M
19 Mar 2003 - Peter Ward buys 25k shares @ 3.5p
27 Mar 2003 - Peter Ward buys 100k shares @ 5.75p
01 May 2003 - Peter Ward buys 250k shares @ 5.25p
23 May 2003 - David Voss buys 17k shares @ 7.3p
03 Jun 2003 - Nick Grimmond becomes Managing Director
23 Jul 2003 - Interim Results - Profits up 3-fold
28 Aug 2003 - Placing of 3,688,880 new ordinary shares @ 19.5p
03 Sep 2003 - Signs deal with Vodafone/Unipart
14 Nov 2003 - Ex-chairman Christopher Evans sells 1m shares
14 Nov 2003 - David Voss buys 979 shares @ 20.72p
12 Jan 2004 - Ex-chairman Christopher Evans sells 1m shares
19 Mar 2004 - Final Results - profits up 380%, debt down to 3.9m
19 Mar 2004 - David Voss buys 48808 shares @ 23.75p
08 Jun 2004 - David Voss buys & sells 20k shares
22 Jul 2004 - Interim Results, profits up ~ 15%
27 Sep 2004 - Trading Update - 2nd H sales, profits below market expectations
04 Oct 2004 - Peter Ward buys 500k shares @ 11p
04 Oct 2004 - David Voss buys 17550 shares @ 10.5p and 63116 @ 10.6p
21 Dec 2004 - Signs deal with 21st Century Crime Prevention
22 Dec 2004 - Carglass convert their Toad preference shares into Ordinary Shares
02 Feb 2005 - Announces intention to transfer to AIM (in 2Q 2005)
02 Feb 2005 - Plans to increase stake in 21st Century Crime Prevention to 49%
02 Feb 2005 - Current trading is in line with expectations
16 Mar 2005 - Final Results, operating profits of 1.5M, debt down to 3.7M
16 Mar 2005 - AIM admission confirmed as 15 Apr 05
15 Apr 2005 - 1st day on AIM
09 May 2005 - Toad increases stake in 21st Century to 49%
09 May 2005 - Carglass sell TOA shares, directors buy 3.6Million (~ 7.875p)
17 May 2005 - AGM - Current trading is in line with expectations, cash flow strong
24 May 2005 - Company's new name = TG21 Plc, new epic = TGP

75,000 share MM buy at 11p :o))

Shortage of stock around now?

These going as planned, we should have some financial press coverage soon i think... i really like to see mm transactions - this indicates orders that need to be filled....

i love seeing buying activity and mms short of stock!!!! It means they have to get stock back to balance their book!!

The spread is incredibly narrow today. You can sell at 11.1p, i.e just below the midprice, and buy at 11.19p. This indicates there's plenty of demand for TGP stock in the market at present - and why not on a current year P/E of around 5 :o))

Rivaldo, only evos on 11.5 offer now... looking good.

This BB has gone all quiet and the SP is down. Legend, are you still in?

ramu iam still in most aim and small caps have been weak over the last 2 months still a good story.

Nothing you can really do in a market like this. Even shorting is very dangerous as theres no clear patter to where we are going.

cheers GF.

Yep ramu, I haven't sold a bean!!

Same story.... except with a screaming buy note attached thats all!!

Limited risk here imho as 10.5p net assets and generating the amount of cash it is

Good to see bnh starting to gain monentum prior to interims ramu...

From Shares Mag today:

Article:

TG21 (TGP:AIM) 10.5p
Spread: 4.65%

Changed its name from Toad in May but under chairman Peter
Ward, formerly of Rolls Royce (RR.), the transformation goes much
deeper than that.

TG21 bought 21st Century in the spring and has repositioned
itself as a leading installer of security systems for public transport
providers. The company already provides CCTV and black box
tracking devices for Arriva. In these security-conscious times
progress at Stagecoach and First Group cannot be ruled out.

The company derives strong free cashflow from its legacy
businesses, such as the installation of car security systems, handsfree
kits for mobile phones and speed cameras. But Roger Tejwani
of Daniel Stewart suggests the name change may mean that TG21,
which has a market cap of 10.6 million, is still an undiscovered
story. A PE of barely 4 for 2006 certainly suggests as much, as any
new CCTV contract wins could boost the share price.

wraz thanks it has had no effect on the share price pity it was stuck at the bottom of a page next to an advert.

There have been buyers around woodie...

Long overdue tip imho... it just pains me to think that fund managers buy vodafone and other stocks on p/e of 30 or so and a co like this gets ignored.

I know that ther is no way a fund manager would be able to buy 2m of this or so, but it is frustrating knowing you have a winner and very few people know about it.

What this co needs is some newsflow after the christmas period....

legend iam no chartist but the longer the sideways movement, when the breakout comes the faster it will be, question is when will it come?

Soon imho!!

Last buy 100k was mm so dont get too excited out there...................

Legend

I think Vodafone is on PE10x ?!!?

TG21 -- remains in a crap business area -- but management seems to be able to reinvent intself every couple of years as old businesses fade away to nothing. Could be in a sweet spot with its cheap acquisition of 21st Century Crime Holdings -- leaves the company looking exceptionally lowly valued.

Cash generation suggests the market is giving this stock a lifespan of about 5 years -- a bit tight I would say.

But on the downside there are plenty of guys heading for the CCTV area with better product spec than TG21 .

I think late teens to 20s would be a fair sp confidant... am happy to wait and see where this goes.

ianws, it is good to see mm transactions imho.. proves that they have orders to fill or are short of stock!! if they are paying the offer price, they must have buyers higher than 11p.... very good sign imho.


i meant a few years ago when just about everything was flying about vod...

what it needs is positive news to be released the next results are due in march

Totally agree, i would be happy seeing the total acquisition of 21st century crime...

In shares mag today as a top tip for 2006!!!

Very bullish

legend nice find i have not received my copy yet could be the reason the s/price has not gone up more as others will be the same as me having not received there copy ,on thursday & friday you should see a better increase in s/p what is disappointment is on the shares mag link it has not been updated yet.