T42 Iot Tracking Solutions Share Discussion Threads

[nick2412] 20/12/2021 08:15

Yes, it will be interesting to see where it settles. With most stocks, there will be a sell on news element but the market always looks forward and T42/TRAC have flagged up 'more to come.' So there will be new buyers as well as inevitable profit takers.

Having said they anticipated completing one contract this year (with the obligatory nomad instructed caveats), they have delivered. That's important as credibility and confidence is established for the anticipated additional contracts.

[albert arthur] 20/12/2021 01:25

That's a short term target... I said 5 to 8* from 12p in the initial revenue forecast...

[albert arthur] 20/12/2021 01:24

I think it'll go up, Zak covered it, target 33p

[davethechef] 19/12/2021 22:34

Volatile for sure!?!

[smithie6] 19/12/2021 22:26

fingers crossed....see what happens

(& 'if' any deal was deal & the name of a big company was mentioned it would surely help the share price, the global company DHL picked tiny TRAC for a trial, fingers crossed it will produce a sales contract)

[nick2412] 19/12/2021 19:41

If TRAC wins another contract that is of the same magnitude and continues to indicate more are under negotiation, then I predict this will justify a minimum £50m m/cap or around 100p a share. We know the profit margins are good and, crucially, it's recurring SaaS revenue as well. We also know they have flagged up further potential contracts in both Latin America and the U.S.

Nothing is certain and there can be unforeseen hiccups but, if one or two more contracts of the same level come in, then I do believe TRAC will hit 100p a share next year based on exponential growth and extrapolated fundamentals. They may even become a takeover target, but my hope is they can progress and grow over time as this really could become one of the more memorable and highly rewarding AIM success stories.

Exciting times for shareholders.

[smithie6] 18/12/2021 12:09

...as others posted, well done to the bod & managers

who have shown a lot of determination to keep going over a number of years, while trying to minimise losses while trying to get sales success

& surviving the drop in sales due to Covid has not been easy

(while yes, the exec. dirs get an ok pay every year for their work, not working for free; & have benefitted by various options deals)

[davethechef] 18/12/2021 10:46

I expect the share price will be played around by the MM, especially early on, on Monday considering how 'tight' the stock becomes, when there is demand.
Patience has certainly paid of here. Been holding since .80p( old money lol!) A good time ago. The management has shown huge faith, commitment & support through 'bleak' times, stumping up when required.
Yesterday news, has been a long time coming & result of lots of hard work & negotiation, one suspects.
Finally, this stock looks like it'll be one of those 'hot stocks' into next year.
The'll be ups and down re the share price I have no down, however accumulate on the dips. I shall!
GLA

[albert arthur] 18/12/2021 01:21

500 to 800% maybe more...

[petemc7763] 17/12/2021 23:24

If this new contract is a s promising as it looks and more of the “in the pipeline “ contracts come to fruition what would you think the share price could reasonably achieve

[peaky01] 17/12/2021 23:11

Morses, LOL

[flashheart] 17/12/2021 20:53

Thank you so much for your concern but as you're quite obviously a non holder who's missed the boat, I'll pass on your 'advice' thanks.

[smraynot] 17/12/2021 19:38

BEWARE illiquid stock, great when news, try and sell normally a nightmare. Watch Monday, a spike on opening as usual after news, and then down she goes. Aim never disappoints.

[velvetide] 17/12/2021 19:18

Bought some into my ii isa several months ago so ok there, bought some bidstack back then too, which also did a 100% trick in a day recently, cheery times

[nick2412] 17/12/2021 19:06

The valuation as this Latin American contract progresses and other contracts are signed could be more than interesting in terms of share price upside.

SaaS companies have quite a defined means of valuation. This link looks at valuations from a buyers perspective. If a company has hit £10m annual recurring revenues (ARR) then the valuation multiples tend to be 10/15.



Apologies if it sounds a bit 'rampy', but I think it's a reasonable and logical conclusion that the numbers t42 are looking at, just from this single contract, is going to mean a valuation that is multiples of the current m/cap. The proviso is that the partners deliver as anticipated.

The market will want to see these revenues formally recognised in results before assigning the multiple valuation norm but I still anticipate some of that will be factored in. with the expectancy element. Also, the link is a guide to what buyers of SaaS companies should expect to pay.

All being well, another year hold or so could see a multiple of the current valuation. Ultimately I can see the Company being sold for £100m plus based on the valuation model. Much more if a couple more contracts of the size that was announced today come in.

[smithie6] 17/12/2021 18:40

company is very hopeful of landing other customers. :-)

"With discussions now well advanced on a promising pipeline of substantial projects within the sector, we look forward to providing further updates in due course."

[albert arthur] 17/12/2021 18:25

Trick is, don't use AJ bell, it's for amateurs. .

[smithie6] 17/12/2021 17:54

AJ Bell prohibits normal clients from buying shares in TRAC !!

They seem to have classified it not as a share but as a derivative & to buy TRAC shares you need to be registered as experienced in things like derivatives. Nuts !
(TRAC is of course a listed share listed on a noted UK stock market & is not a derivative or option or CFD or...)

Are any other brokers doing the same ?

If the FCA gives such a brokers a warning & the prohibition is then removed, could that provide some potential new share buyers ?

-----

Brokers like AJ Bell Ltd that offer execution share trading by Joe Public need to do just that, it is not up to AJ Bell to decide what UK listed shares people should, & should not, be allowed to buy.
AJ Bell Ltd risk getting a bad name & being shunned by share investors.

[albert arthur] 17/12/2021 16:42

Revenue potentially 80* the cap 2024.... Definitely a gem. I'll be holding...