Tempo Australia Limited TPP.AX

[stoploss]

I have been watching a heap of "mining services "companies for the past year. I never profited out of the mining companies over the boom but did go ok purchasing mining service companies . A lot of these have gone or are going to the wall . Anyway only the fittest survive etc . This one seems to be doing all the right things imo. The chart looks nice and steady
on the uptrend currently . The CEO likes to run things lean without the middle management seen in a lot of companies . Been around a long time , seen the business cycles ....
Obviously a lot of risks still in the sector , but personally I like the risk / reward.

Latest release is here

http://stocknessmonster.com/news-item?S=TPP&E=ASX&N=753724

DISC : Long and buying .

[percy]

Well done.
A stunning result ..

[Joshuatree]

Yes thanks stop loss for bringing this to our attention. The latest announcement seems to have put another booster rocket under the s/p up from 14c to 20c. Will watch for pullback maybe.

Board and Executive Management Changes & Appendix 3x (http://hotcopper.com.au/threads/2720400/)

[DarkHorse]

Thanks from me too stoploss, fascinating company - tiny PEG, strong cashflow, no debt, great management, radical business model, beginning to gain investor attention...

[stoploss]

No news that I can find up 25% on the day . There is life in the mining industry/ services industry at some levels ......

[stoploss]

TPP keeps nudging higher 24 cents today . I love stocks that nobody follows ......
This is still the only Mining services company I have invested in , watching a dozen or so . I am sure there is a heap of money to be made at some stage on the turnaround in this sector . These guys seem to be doing ok despite the current hardships in the industry .
DISC : Added @ 19, 20 and today at 24.

[DarkHorse]

My only mining related company too. I love stocks producing great results in industries facing headwinds. And, like you, neglected companies - especially at the point they start to gain price momentum. Tempo's a nice combo of both :)

[stoploss]

My only mining related company too. I love stocks producing great results in industries facing headwinds. And, like you, neglected companies - especially at the point they start to gain price momentum. Tempo's a nice combo of both :)

Momentum really going now , I feel a speeding ticket coming on :t_up:

[DarkHorse]

Interesting post from asx small caps facebook page about members meeting with management
https://www.facebook.com/groups/longstrawtips/permalink/1194559017220905/

[Joshuatree]

He must be confident.I think (but haven't confrmed)he holds 3 million shares @14c so has done well in a littered landscape of M/S companies.

[stoploss]

TPP finally breaking through the 30 resistance . Some of the larger mining service companies have been going ok of late , really like the look of this one .
Disc: Added @ 30 cents

[NZSilver]

taken a holding in tpp pre results. Its been a long time since I hung around in the mining services area of town...

[Joshuatree]

I topped up recently too and the T/H has now revealed a new shareholder paying $9.5 million @ 26.5c (current s/p 18.5c). I think large new maintenance contracts awarded will follow.

[stoploss]

I topped up recently too and the T/H has now revealed a new shareholder paying $9.5 million @ 26.5c (current s/p 18.5c). I think large new maintenance contracts awarded will follow.

Hi JT , I'm still in been a bit of a slow burner but this is good news .
Placement for good order is 38 mio shares at AUD .25

[DarkHorse]

The new shareholder could be very influential indeed! https://www.pressreader.com/australia/the-west-australian/20161221/281968902337459

[Joshuatree]

Broken through the 60 and 180DMA ; trend looking good and volumes too.As high as 25.5c today. Id like to think "chocks away" but I'm not going to at all, no not at all ; Rule 259 Never resort to terms "no brainer"(bear of little brain), "boom", "all aboard", "chocks away" or "bite your bollocks" for obvious reasons:). DYOR

[stoploss]

Broken through the 60 and 180DMA ; trend looking good and volumes too.As high as 25.5c today. Id like to think "chocks away" but I'm not going to at all, no not at all ; Rule 259 Never resort to terms "no brainer"(bear of little brain), "boom", "all aboard", "chocks away" or "bite your bollocks" for obvious reasons:). DYOR

Hi JT ,Might have been a year too early on this one !!!! still nursing the ones I purchased @ 30 cents last year , managed to average in , in Dec after the placement at 25 cents . Saw that as a massive positive especially as we could all purchase sub 22 cents better than the new major shareholder.If it takes out the previous highs I will be looking to add.

[stoploss]

Some big licks going through today and the gradual uptrend continues . Really like this so have added ahead to my position . Breaking some rules , see how we go .

[Joshuatree]

Almost (should've ) put TPP in the ASX share comp. We will see. Good luck to us.

[stoploss]

Been hammered recently .... however a couple of big lines of stock have gone through including over a million crossed after market @ 22 today . Someone is keen .

[Joshuatree]

Im still a believer in this and note strong volume and another attempt at a breakout, hope it succeeds this time.

[stoploss]

Im still a believer in this and note strong volume and another attempt at a breakout, hope it succeeds this time.

I'm with you on that JT , been a long time coming ...look at the leaders in Mining services MND ..... about time some of it rubbed off down the line ....

[stoploss]

Im still a believer in this and note strong volume and another attempt at a breakout, hope it succeeds this time.

Maybe this time.....

[Joshuatree]

Looks more sustainable atm
http://www.switzer.com.au/the-experts/mark-tobin/mining-services-picking-up-tempo/

[stoploss]

25 cent close today . Speeding ticket might be on the way ...