TG21 Plc - a new name to go with the new beginning

Nice post Spectrum7 - and remember that TGP have already recouped a significant proportion of their investment in 21st Century via the pref.dividends.

There should be little downside here due to the incredibly low P/E and the high NAV (the relatively small intangible is ref. 21st Century, which if omitted still leaves an excellent NAV relative to m/cap).

And there's high upside for the same reasons - just an in line trading statement for 2005 and a reasonable outlook should trigger a rise to a P/E of 6 or 7 and a 15p share price at the minimum.

I'm happy to be in profit, and most weak holders should be out by now. Any good news or a tip could be the trigger for that re-rating.