T42 Iot Tracking Solutions Share Discussion Threads

[ged5] 01/3/2022 11:23

Nig1954,

Might I suggest your just put the IP address without the http. We can then copy it.

[nig1954] 01/3/2022 11:06

Apologies, attached is the interview with Igor:

[...]

[nig1954] 01/3/2022 09:58

I've managed to locate a copy of Igor's interview with CFO Forum, Israel, which took place 3 weeks ago. Sadly it's in Hebrew. However, if you press "play", you'll see 4 captions in the bottom right hand corner. Press "cc" and eventually English captions will appear, approx. from 1.15 minutes into the interview. These provide a broad out line of their discussion [...]

It contains a breakdown of the 2 contracts recently announced which are with a combination of Brazilian and US port authorities- let's not forget that Brazil is South America's largest economy. Lots of great info to digest.

The following represents the contact details:



It also provides details of their principal competitors and explains in graphic detail why t42's technology is considered superior -interestingly, none of their competitors offer AI-based optimisation services.

I believe 1 of those competitors is the company which claims to have 80% of the connected US telecoms IoT market but by their own admission this only represents 2% of the US market. Furthermore, the US container tracking market represents more than 20% of the global market which outlines why the US market is so important.

In the Business Model section there’s reference to the fact they’re generating 24 Billion data records every year- I'm sure many investors will realise the potential value that can be extracted from selling this data and again it helps explain who is t42's target market and why this info may be so valuable to them

You can appreciate why such information would be valuable to tax authorities, customs authorities, insurance companies and homeland security . Tax revenue collection is approx. 15% of GDP in medium/small countries and over 30% of GDP in developed countries .Developing countries have much less to spend on infrastructure and good governance .
Tax compliance is extremely difficult to enforce in many small countries and tax evasion is prolific. The financial cost of adopting t42’s technology is relatively small in the context of the additional tax revenues which it would yield. South and Central American tax authorities would benefit immensely from being able to collect the correct tax revenues especially where corruption is endemic, - we’ve also been told that funds can be made available to help these countries transition to this digital technology . Hopefully t42 can present a powerful case to persuade these countries to adopt their technology and if it can gain first mover status then in the process it places itself in a very strong position to generate significant revenues for itself for many years to come.

Finally, this is only in relation to the 2 contracts recently announced which are classed as pilot contracts but with scope for many more similar contracts to follow

[smithie6] 28/2/2022 08:44

The rampers are still very busy on the other msg board.

Completely off their trolleys imo.

"the current m/cap could be surpassed by net profits in a year or two."

This company has been trying to sell its products including container tracking devices, for years.
The turnover & failure for sales to 'break through' & never ending cash raises to fund their losses, is all there to see.

I hope they get some bigger sales orders. But even if they get an order for £1 million from DHS, & deliver it this year, & get paid this year. A lot to ask I think.

Then the company will still be loss making !

[nick2412] 25/2/2022 16:05

Likewise AA, adding a few at these levels. Don't want to raise expectations to unrealistic or hyped levels, but purely based on the recent news releases, the current m/cap could be surpassed by net profits in a year or two. Early days but a trading update will see if smart container tracking sales have started to kick in.

[albert arthur] 25/2/2022 15:56

I've added some down here. It's at the it's well below all the EMAs, RSI on 14 is 37.5. Well oversold this. In fact it's on a historic EMA35 from Jan here. Crazy. One of the best bargains at this price I feel.

[smithie6] 18/2/2022 11:32

Customs.

Question for the posters on the other thread.

Which port in Europe has been running a sizeable project for digital customs for a number of years, involving some quite big companies ?

Is TRAC involved in that project ?

(I help you out !. No)

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I hope that TRAC succeed & they have done amazingly well to produce such an array of different products on such a small budget (which is very difficult). And the massive co. DHL have bought 32 units.

But the risks are very real.
The cash raises around the end of 2021 were survival cash raises. Otherwise the co. was bust imo or at least could not issue its accounts due to the auditor not being able to issue a 'going concern for next 12 months' statement & hence the shares would been suspended from trading.

If DHL places an order for say £1 million pounds it will have little effect on the accounts. Although the rampers will be letting off fireworks.

[smithie6] 18/2/2022 11:22

Uh no.
Grey market. Not a listing.

[dave4545] 18/2/2022 10:50

One min they are piling in at 30p next min people are selling out at 20p

I cannot get a quote for 5000 at 21p currently so it's bounce time, this market is just nuts people piling in high and all selling out low, if you do the opposite you can make money. I sold these at 28p recently and bought a few back at 20p today.

[turbotrader2] 18/2/2022 09:22

Looks like a US listing

[smithie6] 14/2/2022 14:41

The rampers are busy posting why ppl should Trac shares.

But they make hide the fact that Trac applied for a patent for their container tracking unit about 10 years ago. The co. let their application expire/end. I assume it was rejected or that key parts of the application were rejected, as not being new or not being inventive (& not obvious to a skilled person in the sector, ie. =normal design rather than being an invention).

Anyone talking about risk/reward should mention that in at least 10 years of trying the co. has never achieved notable sales of container tracking units.

eg. the initiative with Cubemonk (USA) failed to provide notable volumes.

-----

Anyone that moved from Trac to Tavi has made good money. Up 30-40% in last 7 trading days.
;-)

[sunshine today] 11/2/2022 17:16

nig1954:

Spot on:

It’s not a hard sell, TRAC “S offer, is a complete supply chain solution, that’s desperately required , and quickly.

[nig1954] 11/2/2022 17:03

I’m also very enthused about the repeated reference to Customs authorities. If we can break into this market then there’s huge potential. More countries are now digitalising their Customs systems both processes and procedures. This process has now moved online.
The focus has now changed and it’s now all about collecting the correct taxes and duties as well as detecting illegal activities in an effort to reduce transactional costs.This opens new possibilities as with less information and detail required in the declarations , the process becomes significantly less complex,as already proven in Singapore.
The more flexibility logistics companies have, the better they can also optimise the available space for cargo.This will become vital as shipment volumes increase due to e-commerce . It could also significantly reduce the customs clearance process .
The electronic exchange of data will become the standard for exchange of information with customs service providers. Digital transformation pioneers will gain a competitive edge which may lead to market consolidation. Over time digitalisation will significantly increase the efficiency and speed of customs processing

[sunshine today] 11/2/2022 13:02

Great to see different views.

Investors tend to think shares are complicated, they are not.

First you need a product or service (TRAC have both,)

Then you require customers ( TRAC have some )

Then you need to deliver.

So two of the big risks are already taken care of.

That leaves delivery of the service.

Most of the growth companies on AIM have not even achieved the first two stages.

[nig1954] 11/2/2022 11:44

Igor mentioned in that recent interview that they had an 18 month advantage over their competitors so they presumably want to take full advantage of that.
I note that “Smithie”; is of a different view to many other contributors on this board.I’ve no problem with that as it makes for a healthy debate to question assumptions and put an alternative point of view. We’re all sufficiently grown up to make our minds up on the direction this company may be heading.
I don’t know who he was specifically referring to when he said someone already had 80% of the container market but if it’s a certain very large North American company then they also admit that the take up of new technology in the container market is woefully inadequate and there’s huge potential waiting to be tapped.
Also, the technical offering of that company is not on a par with t42 which is why we’re currently perceived to be the market leader in this field and presently hold first mover advantage.
It’s entirely in the hands of the BOD to ensure they take full advantage of the opportunities this presents and they’re currently putting together a team of highly qualified professionals to take the company to the next level.
They’ve changed strategy and are clearly aiming to move towards a SaaS business model and it would seem they have access to the appropriate financing to enable them to make this transition. We’ll retain ownership of the software and will become a knowledge based company.
Provided we gain sufficient traction,the amount of information we’ll gain from all our sensors will be huge. The SaaS model expands your market potential as anyone can access a browser through the internet and therefore has the ability to use the software.
There are huge risks associated with adopting the SaaS model but they can be managed. Also, initially much of the profits will be reinvested in additional R&D and hiring more designers,developers and other parts of the team. If you get it right then you can scale up relatively quickly and the value of your knowledge base can be enormous.
So whilst there are many diverse risks and the company may stumble along the way the potential rewards are there for all to see.I’m in the same camp as “ST” insofar as the future is concerned,and yes, $1 Billion may seem an outrageous valuation given the current state of affairs but it’s not beyond the realms of possibility.It really boils down to the level of risk each pi is prepared to undertake.It won’t be a smooth ride or one for the faint hearted but if you’ve got the stomach for it and can cope with the time horizon then it may be very financially rewarding.
My final comment is don’t underestimate the scale of the supply chain problems in the USA, they’re enormous,and various conflicting factors have brought them to this position. The Infrastructure spend will be huge but it will take the best part of 2 decades to resolve their past underinvestment. In the meantime there will be large scale economic chaos unless the US government takes the whip hand. The incumbent political party will take most of the blame despite the fact it represents administrative failings covering the last 40 years. An awful lot of DOLLARS is going to be thrown at this and the US has very deep pockets. The current US administration has already prioritised digitalisation as its No:2 priority so an awful lot is going to happen within this space.
As ever dyor and best of luck to those who have the stomach to see this through!

[sunshine today] 10/2/2022 14:42

I see 10P a day on the share price this year and 30P a day next.

Why ?

In essence because the base line market cap is so low.

At a guess £10M of software revenue growing at 100% a year puts the stock over £1BN.

Next question is :

Can it be done ?

Yes it can.


Put me in charge for growing the company.

First find some contracts. ( DONE )

Next find 1/2 dozen manufacturers who can start production within 13 weeks.

Get your installer teams and programs in place

[nick2412] 10/2/2022 14:27

I think he also said that ST, but either he or one of the recent articles referenced an 18 month window of first user advantage for t42 given they are the only company with the complete tracking solution.

[sunshine today] 10/2/2022 14:24

I thought he said he was planning ( not definite ) to have a very different balance sheet going forward.

Just what I personally think will be the case.

[nick2412] 10/2/2022 14:22

Looks like a solid base has formed at this level. Still anticipating further contracts in Asia and higher volume orders from DHL. As the FD clarified, TRAC is looking to take advantage of first-mover advantage and anticipates an 18-month opportunity. That's quite something for a £12m market cap company with the only complete solution and going for first-mover advantage in a multi-billion £ market.