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

That seems like a positive sign guys. A push past 13p on the cards?

queen very positive

TGP are pushing up again and are on the verge of a breakout...hopefully Goldman Sachs are still in the market and increasing their stake.

Just to summarise:

1) Nice uptrend being established now from the lows
(2) Goldman Sachs have just bought 6.36% of TGP (5.2m shares). I wonder why?
(3) TGP are on a historic P/E of only 6 based on the true adjusted EPS of 2.16p
(4) TGP are on a current year P/E of 5.4 based on 2.38p EPS
(5) TGP are on a forward P/E of 4.8 based on 2.71p EPS
(6) TGP are on a PEG of just 0.54

Enough said.

Seems to me there's only one way for TGP to go (and that's upwards!).

Yep ! looking good ! onwards and upwards !

its looking good ,what is annoying, is shares mag when they tipped it as a play for 2006 i thought they would cover the stock, all there was on the results was just a 1 line piece on the results.

I am not in these but to those that hold,this stock has been tipped again as a strong buy from thewrongrpice.com,and confirms yours posts thjat the shares have a long way to go.good luck

capetown thanks for info

Woodie... agree with your view re: shares mag. they have a habit of not fully following up on thier tips, particularly when they go belly-up... however, I think with TGP they will have to do a major update soon as they are looking strong. the case for continuing to recommend this as a buy is too compelling to ignore ! (imho)

.

Woodie, skyhigh... there could be coverage tomorrow am as shares mag tend to review the top tips every quarter and with this being the first week in april, I wouldn't be surprised to see something in tomorrow's issue.

I initially thought that because the company was quite discreet about reporting the results (i.e. no notice of results/trading statement), shares mag may have missed them, but i am sure that they know the company has reported it's finals.

ALL IMHO

Halfords issued a trading statement today with excellent news for TGP, i.e most of Halfords' growth coming via in-car entertainment:

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=81353&MenuKey=News.Home

"Motorists are getting on their bikes and going to Halfords which lifted sales 8.4% in the year to 31 March, according to a trading statement.

Ian McLeod, chief executive of the leisure, cycling and automotive products retailer, expects profit before tax to be around 77 million, in line with analysts expectations.

Like-for-like sales for the year rose 6.1% as motorists invested in their vehicles, much of it in what Halfords calls the fast-growing in-car technology sector which includes DVD and sound systems."

This is TGP's in-car multi-media web page FYI:

http://www.tg21plc.com/distribution/vtd/multimedia.php

Tipped by thewrongprice.com too:

"03/04/2006 Buy 13p 3,047.96
TG21 (formerly Toad Group)
TG21 (formerly Toad Group) - Buy - 13p

Since our last update Toad Group has undergone a few changes. It moved to AIM in April last year. One month later, it adopted the name TG21, reflecting its increasing stake in 21st Century Crime Prevention Services which supplies closed circuit television (CCTV) and black box recording systems for use on buses and trains.

By the end of the year, TG21 had acquired 75 per cent of 21st Century, having paid 4.9 million, and it has retained an option to acquire the remaining 25 per cent for 2.1 million.

The groups increasing interest in 21st Century is part of its strategy to focus its business on high growth sectors. Today, its principal activities in are public transport CCTV, mobile phone hands-free installations, insurance replacement of stolen in-car entertainment (ICE) systems, as well as car and motorcycle security and accessory products. According to house broker Daniel Stewart Securities, new investments in 21st Century and Datatool (TG21s motorcycle security and accessories business) should lead to a step up in profitability in 2007.

Last year, the group produced a pre-tax profit of 1.8 million (2004: 767,000) on revenues of 36.3 million (2004: 34.6 million). This translated to adjusted earnings per share of 2.1p. For this year, Daniel Stewart expects EPS to come in at 2.4p, rising to 2.7p in 2007.

At 13p each, the shares currently trade at around 5.5 times and 4.8 times 2006s and 2007s estimated earnings, yet earnings growth this year and next is forecast at 11.7 per cent and 13.9 per cent. Although investors who got in at our original recommendation in March 2003 are already sitting on a 160 per cent profit, we think the shares are worth buying at their current level."

Riva, thanks for this... looks good for the next 12-18months. I'd be happy with 160% increase from here... bring it on !

So why's it gone down again today then? :-(

because it cant go up every day?

Well that could be true WOODIE. However, it's only been up three times in the last two months so one may have expected a little more given the optimism on this BB. And don't get me wrong. I'm a holder and keen as mustard for them to do well. Which is why I asked the question in the first place. But thanks for the incisive reply.

queen1 chart for the last 2 months shows more up days then down,however consisering it has been tipped by 3 different mags ie shares in the last few weeks it has not made much headway as you stated but i would sooner be in then out

As would I which is why I'm a recent acquirer :-)

TGP has developed a nice base now for another run up. The important questions to ask are:

- why have management been granted a fresh set of options at this particular time?
- why have Goldman Sachs bought over 6% of the company
- why have Hazell Carr now bought over 4.2%
- why has 21st Century's web site been revamped and updated with news items and new products?

There's certainly promising news flow now. The Pay as You Drive scheme is on a roll - which should mean lots of work for TGP:

http://www.investegate.co.uk/imarticle.aspx?iid=327052
"Norwich Union deal extension drives Trafficmaster forward

Shares in Trafficmaster (TFC), which supplies digital traffic information and intelligent in-vehicle services, rallied 3% to 41p at 10:55am this morning after the company announced an extended contract with Norwich Union.

Under the agreement, Trafficmaster will supply Norwich Union with 35,000 "black boxes", which record the time, distance and location of a vehicles journey. Trafficmaster already supplied the insurer with 10,000 boxes last year as part of the original agreement.

Norwich Union is conducting an ongoing pilot to investigate motorists' preference for usage-based motor insurance and will use the boxes as part of its Pay As You Drive programme. The scheme has so far recorded over 10 million journeys from 5,000 pilot customers, with an average of 8,500 miles driven per customer. The company hopes to achieve a better understanding of vehicle usage and driving behaviour, thus providing a uniquely accurate risk assessment tool."

And here's a recent article from the Times - yet another piece of kit for TGP to install. Note that "The European Commission, which funded the study, has set a deadline of 2009 for eCall to be fitted to all new cars."

Here's the article:
http://www.timesonline.co.uk/newspaper/0,,171-2150190,00.html
"Had a crash? Well here's a car that can call for help
By Ben Webster, Transport Correspondent

ROAD deaths could fall by 2,500 a year across the European Union under plans to equip all new cars with a device that calls the emergency services after a crash, according to a study.

Ambulance response times are predicted to fall by 50 per cent in rural areas and 40 per cent in towns, giving paramedics a better chance of saving lives. The device, known as eCall, tracks the cars movements by satellite and is linked to sensors positioned around the car. To avoid false alarms, a message is sent to an emergency call centre only if at least two sensors are triggered."

Daniel Stewart reiterated their Buy stance on 8th May - TGP are on a current year P/E of 5.6 and a forward P/E of 5...

2006 2007
Broker Date Rec Pre-tax () EPS (p) Pre-tax () EPS (p)
Daniel Stewart 08-05-06 BUY 2.60 2.40 3.70 2.70

The AGM is soon, on 23rd May. Goldman Sachs and Hazel Carr have bought over 10% of TGP between them recently. Short or long-term, they will have done their research.

21st Century have so far fitted 3,500 Arriva vehicles. This still leaves 50% of the UK fleet, but trials are going on in Europe, where there are a further 11,000 vehicles to fit....

TGP will also be going for further regional bus fleets as an even bigger opportunity. But there are further opportunities in ambulance, fire, police, trains, taxis, cash-in-transit vehicles - if any of these take off the potential is vast. And if they don't, the Arriva opportunity is more than enough.

There's also a new news item on the 21st Century web news page - a 4 page PDF file called "10/05/06 FUTURE WATCH - CCTV for the future - Spring Edition - 1.7MB".
http://www.21stcenturycctv.com/

One of the articles relates to the Coach & Bus exhibition at the NEC - "Apart from making many new contacts, we were able to confirm what we had believed for a long time that we have a huge competitive advantage over other CCTV companies.

No other suppliers at the show were able to demonstrate tried and tested Wi-Fi capability, Heartbeat or Auto-Video download."

And there's a lot more publicity this week for road pricing which is being promoted by a government minister, all of which will also help the take-up of Pay as You Drive - which itself is being expanded by Norwich Union per this article today:

http://www.vnunet.com/computing/news/2155779/insurer-revs-black-box-trial

Things seem to be building up a head of steam for TGP. Hopefully the AGM RNS will be as positive as the last outlook.