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TG21 PLC (previouslyToad) A New Name For A New Beginning. (TGP)     

goldfinger - 24 May 2005 23:18

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


cchart.php?epic=TGP&height=152&width=245cchart.php?epic=TGP&width=245&height=152cchart.php?epic=TGP&height=359&width=580

hangon - 17 Apr 2007 11:51 - 219 of 223

A notional rise today after the news that Peter Gyllenhammar stake is nearly 8% _ Oh Dear that's the kiss of death IMHO - todays rise is on top of a very low price....indeed I suspect this is still an all-time low...Oh Dear!
Or
- can anyone recall a co which PG's invested in....er, that's done well after massive falls (er, like TG21)? Has he had any influence since he first-invested in TG21?
I was on a bus this weekend (I joined a queue and was trapped!) and they have mini-CCTV domes installed - but I wonder if these are TG21? - they need some identifier so we can know. Otherwise I can't see what they offer over any other CCTV offering - there are plenty about - I bought a B&W camera with yards of cable, and a night-vision PSU for 14......crikey! you need to sell a few of those to keep execs in suits.
TG21 (what a daft name!), has been a great disapointment to most of the investors - and I can't recall if I was early - or late-early (it was TOAD* then), but you know, it gets to the point where no-one cares. I suspect the execs don't know what to do and as long as they collect a wage and pension why should they?
It's the way UK PLC is set-up that is wrong....there is no incentive for reward and no punishment for failure.
PG watch it! This patient needs your help - get in there with a chainsaw!

* I don't say Toad is abetter name, but it was neutral and not "silly" - very few companies can stand having numbers in their name (or the like of: @, ! -or Greek letters), as they make one wonder the sanity of the company as well as wonder what it means to their customers.....and the answer is "Zilch" - if they want a good name for covert CCTV, then something like "Cyclops" might pass muster, but Toad wasn't that bad as a name....I suspect they wanted to break away from the sp-fall and that was the real reason for change...plus the "Advisors" would make some money doing practically nohing.
And the change has done - practically nothing, for a name change is always a drag!

WOODIE - 25 Sep 2007 07:40 - 220 of 223

TG21 Plc
25 September 2007


25 September 2007


TG21 plc ('TG21', 'the Company' or 'the Group')


Interim Results for the six months ended 30 June 2007


TG21 today announces its unaudited interim figures for the six months to 30 June
2007. Over the last few years the Company has moved successfully to reposition
itself from being a distributor of in-car entertainment and security systems to
become a vehicle installation service provider with its 75% subsidiary, 21st
Century, supplying public transport CCTV and other monitoring systems.


Financial Highlights


The results are reported under International Financial Reporting Standards
('IFRS') for the first time, with prior year comparatives restated.


Turnover reduced to 14.2m (H1 2006: 17.4m), in line with the focus on
higher margin business;

Sales of 21st Century public transport monitoring systems demonstrated
record growth increasing 70% to 2.7m (H1 2006: 1.5m);

EBITDA increased to 0.9m (2006: 0.6m), an increase of 44% despite
lower distribution and insurance services sales;

Basic earnings per share up 119% to 0.35p (H1 2006: 0.16p);

Net debt reduced to 3.0m (2006: 3.3m).



Operational Highlights


New business wins for 21st Century division with Arriva Scandinavia,
Go-Ahead Group, Metroline during H1 and Kinch Bus and ACIS post-period end;

Innovative new product trials for the public transport market nearing
completion;

As anticipated, the end of in-car hands-free installation business is in
sight, but the new 'pay as you go' insurance black-box installation business
is now coming on stream;

Exit strategies for legacy businesses being pursued.



Commenting on the results, Peter Ward, Chairman of TG21, said:

'We are pleased with the renewed progress of the business in the first half of
the year. Our best in class public transport CCTV system, sold through 21st
Century, has delivered record profit growth during the period and the Group as a
whole has achieved increased profitability on lower turnover as a result of our
shift in focus toward better quality, higher margin business. We have
repositioned the Group into areas where we see strong opportunities for growth,
namely, public transport on-board monitoring systems and the emerging insurance
'pay as you go' installation market. We have also reduced our net debt in the
period through tight management of costs and we hope to reduce our borrowings
further through exit strategies within our legacy businesses. Current trading
gives us confidence that we are on track to meet analyst expectations for the
year.'


hangon - 03 Jan 2008 14:26 - 221 of 223

Oh dear - 2 years ago tipped by Shares Mag at 11p - now after PG's involvement (investing in fallen Co's), it's below 6p - that's under half in anyone's money ( spread/costs).
And, I read no good news for shareholders -
Yuk!

So despite the jaunty title of this Thread - the name-change has made no difference.
It was a dull-prospect - - - - - and remains so..... Oh dear.

[EDIT 28.Feb.2008 - about 5, - 5.5 p, ! . . . some News, Plee-e-ease.]

hangon - 06 Mar 2008 13:56 - 222 of 223

I asked for some news . . . .but NOT this!
Significant excitement ( Up to abt. 5p ), as PG buys more of this dull stock - now holding abt. 18%

Are we looking at an opportune privatisation?

Oh dear.

hangon - 25 Mar 2009 17:53 - 223 of 223

Good results, if the sp %-rise is any indicator(4.5/5.5pence).
-However, their admin costs are quite high - nearly half the Turnover (DYOR), so I'm not too impressed...also although the sp is up lots (%). it's still way down and despite the good turnover (they say), there is no hint of a dividend...
Furthermore attempting a sale of the Mitcham site is bonkers - Land is almost worthless (currently) and this is a decent site for vehicle installations etc. Unless they have an expensive Mortgage on it, I'd be happier if they kept it; at least until someone makes them an offer they can't refuse....Today's property market is dire. ... don't sell cheap!
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