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  1. #1
    Advanced Member
    Join Date
    Feb 2011
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    Wellington
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    2,453

    Default Tempo Australia Limited TPP.AX

    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-ite...E=ASX&N=753724

    DISC : Long and buying .

  2. #2
    percy
    Join Date
    Oct 2009
    Location
    christchurch
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    17,240

    Default

    Well done.
    A stunning result ..

  3. #3
    IMO
    Join Date
    Aug 2010
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    Floating Anchor Shoals
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    9,732

    Default

    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

  4. #4
    Senior Member
    Join Date
    Sep 2013
    Posts
    526

    Default

    Thanks from me too stoploss, fascinating company - tiny PEG, strong cashflow, no debt, great management, radical business model, beginning to gain investor attention...
    Last edited by DarkHorse; 15-03-2016 at 09:54 PM.

  5. #5
    Advanced Member
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    Default

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

  6. #6
    Advanced Member
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    Default

    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.

  7. #7
    Senior Member
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    Sep 2013
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    526

    Default

    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

  8. #8
    Advanced Member
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    Feb 2011
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    Wellington
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    2,453

    Default

    Quote Originally Posted by DarkHorse View Post
    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

  9. #9
    Senior Member
    Join Date
    Sep 2013
    Posts
    526

    Default

    Interesting post from asx small caps facebook page about members meeting with management
    https://www.facebook.com/groups/long...4559017220905/

  10. #10
    IMO
    Join Date
    Aug 2010
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    Floating Anchor Shoals
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    9,732

    Default

    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.

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