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Bullboard - Stock Discussion Forum Turbo Power Systems Inc T.TPS

TSX:TPS - Post Discussion

Turbo Power Systems Inc > as reported in Goliath
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Post by Phonse47 on Nov 30, 2010 1:26pm

as reported in Goliath

Byline: John Hill

INNOVATIVE electronics company Turbo Power Systems is set to grow after winning a pounds 6.5m investment from Brazil and seeing its sales soar by more than half this year.

The Gateshead company, which designs and makes motors, generators and electronics for the transport, defence, industrial and renewable energy sectors, saw revenues jump to pounds 6.14m in the first nine months of the year, from pounds 4.7m a year ago.

It is leading development of power supplies for renewable energy generators and is poised to grow after winning a pounds 6.5m investment from Brazil-based TAO Sustainable Power Solutions (UK), in exchange for a 75.4% equity …

Defense testing from 2008 on light weight generators will pay off soon.

Comment by pirate4 on Nov 30, 2010 10:16pm
What do you suggest? Load up and hope for a bid of 2 cents?
Comment by pirate4 on Nov 30, 2010 11:03pm
Does anyone know if TPS shares trade in LONDON with a different share structure?
Comment by Phonse47 on Dec 01, 2010 11:57am
they trade on the AIM exchange. Same structure. Volumes sneaking up marginally as well as price. I believe the Vale connection is going to prove out in a very positive way. The capitalization potential and now the sales network will be healthy for Share Value. I am long term on this with a million shares.
Comment by pirate4 on Dec 01, 2010 3:21pm
So at one cent ten thousand dollars. It has been a while but I think I have almost $800  in 2000 shares. I am thinking about buying 50000 more at 1 cent. might get filled on tax loss selling. It doesnt look like a dead duck. there arent too many 1 cent stocks where someone has a constructive point of view
Comment by Phonse47 on Dec 01, 2010 4:33pm
i may pick up another million before the end of the year.
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