T42 Iot Tracking Solutions Share Discussion Threads

[turbotrader2] 03/3/2022 18:14

Idiot it's history ffs

[dancing piranha] 03/3/2022 14:19

Not impressed, very lacklustre results/update no matter how you try to dress it up!

[smithie6] 03/3/2022 11:21

Nick2412

"The new strategy and distributor contracts were never going to feed into the financials for 2021 "

The blind optimism on the main thread still continues even though the share price has almost halved from 28p.

"distributor contracts"

They were not contacts. They were "distributor agreements". Yes, dressed up by the company. But do not be misled by the misleading text from the co.,

there were NO material sales involved/reported.
-----

Issuing intentionally misleading RNSs to intentionally mislead PIs is a red flag imo.

=====

Loss making.
Broken a bank covenant.

Did 2 cash raises in last 6 months.
Company will surely find a new cash raise to solve the covenant break & fund on going monthly losses, much harder. The participants in the last 2 raises will surely say NO thanks this time.

So, a placing at a lower price, to 'get it away' is either likely or a big risk.

[albert arthur] 03/3/2022 10:42

True, made a killing on MCLS, CSRU,POG, nice trade in SNG today from 18/28. I think if this gets to 11p, that's the EMA 100 all time low... any news from there, would easily 1 or 2* I've loaded smaller tranches through the entry prices.

[dave4545] 03/3/2022 10:40

Just bide your time, fighting the tide in this market is brutal.

This has nothing to do with Trac but there's not many buyers out there in mm stocks and lots of stale sellers and if news is not sensational you could get burned intraday.

[albert arthur] 03/3/2022 10:38

I'm buying Dave.. Any lower, will buy more.

[dave4545] 03/3/2022 10:17

I took the loss 15.75p

Market cap was £10 mil, made a lot on the spikes and gave some back today.

Next time sell on the spike and move on never look back

[smithie6] 03/3/2022 10:14

Nick2412

"The new strategy and distributor contracts were never going to feed into the financials for 2021 "

The blind optimism on the main thread still continues even though the share price has almost halved from 28p.

"distributor contracts"

They were not contacts. They were "distributor agreements". Yes, dressed up by the company. But do not be misled by the misleading text from the co.,

there were NO material sales involved/reported.
-----

Issuing intentionally misleading RNSs to intentionally mislead PIs is a red flag imo

[ged5] 03/3/2022 09:46

There were some bullish comments in the statement and I do like the concept but it was this that caught my eye:-

" As detailed in notes 10, 12 and 13 of this financial report, t he Company has loans with a leading Israeli Bank. The financial covenants as detailed in note 12 were breached at the quarter ending 31 December 202 1. The Company and the bank are monitoring the position carefully, remain in close correspondence, and are working towards a solution."

I don't think it should take too much to sort that out but it is enough to depress the share price short term.

Once the solution is announced and a few contracts are announced this will rise.

[nick2412] 03/3/2022 09:17

"We have succeeded in securing additional supplies of microchips which should enable a very strong performance in 2022 with an expected return to positive EBITDA and further growth in succeeding years."

The new strategy and distributor contracts were never going to feed into the financials for 2021 but the outlook appears bullish for 2022 with the anticipation of a "very strong performance in 2022." The market always looks forward so I expect there will be some bargain hunters once the stock settles.

[albert arthur] 03/3/2022 08:13

Had to add here, this is at its ATL EMA 100 low, 3rd from the bottom. Below there is 14.36p and 11.70p but that's the ultimate bottom. Happy to have added at the ATL EMA 100... contracts will be reflected in later result sets. Buy and hold job :)

[dave4545] 03/3/2022 07:37

Maybe not so cheap after all.

Remains jam tomorrow

[dave4545] 02/3/2022 21:06

Trading update?

[turbotrader2] 02/3/2022 20:40

Update tomorrow

[dave4545] 02/3/2022 17:42

Getting cheap again due to the overall panic selling of all penny stocks.

I still hold 25k, 28p+ worth selling but 18p bid currently I'm not going to sell even if it drifts lower and lower.

[nig1954] 02/3/2022 10:51

The global Container Security market size is projected to reach USD 1335.9 million by 2028, from USD 418.6 million in 2021, at a CAGR of 17.5% during 2022-2028.

Increasing vulnerabilities and cyberattacks, as well as the growing popularity of microservices and digital transformation across enterprises are major factors driving this growth.

Increasing adoption of cloud-based containers (Container-as-a-Service) across verticals and an expanding range of IoT applications are among the various opportunities in the container security market. Limited technical expertise and a lack of awareness about container technologies and security are two challenges in the container security market.

Growing vulnerabilities and cyberattacks are expected to drive the growth of the container security market. The frequency of automated and sophisticated cyberattacks is increasing as technology advances. The vast majority of cyberattacks are carried out for monetary gain, resulting in significant financial and reputational losses for individuals, businesses, and governments. Web application vulnerabilities are on the rise, putting applications and networks at risk of security breaches and attacks like ransomware, malware, and exploit attacks. Organizations all over the world are adopting container security solutions and services as attacks become more sophisticated and the number of vulnerabilities grows.

The technology landscape in the current container scenario is constantly changing and evolving. Organizations are constantly striving to better serve their customers by introducing newer methods for improving their business and operational activities, as well as continuous product upgrades and changes.

In terms of security concerns, the coronavirus pandemic has posed new challenges for businesses. Organizations are looking forward to securing their application development process using container security platforms as a result of cyber-attacks and system vulnerabilities. Organizations that are constantly moving toward remote work and relying heavily on cloud services are vulnerable to distributed denial of service and phishing malware attacks. Organizations have been encouraged to use cloud-based containers as a preventative measure and to improve their IT security as a result of these effects.

Based on region, North America is expected to be the most lucrative region. Various factors driving the adoption of container security solutions, such as R&D investments in cloud-native architecture, have standardized the application development approach for security assessment and authorization in the region.

[nick2412] 01/3/2022 21:08

Thanks for posting that nig1954.

What particularly struck me was the slide that shows t42's competitors and the rows of essential features. I think there were about 12 rows. t42 ticked them all and most of the competitors barely got 50% ticked off hence why t42 say they have up to a 2 year clear run over the competition. They make the point that they intend to make the most of this advantage.

I guess the larger size competitors have the choice of trying to play catch up or opting to buy the Company. I can only see the latter happening once t42 start to take decent market share and, if that happens as hoped, the price paid will be interesting.

[ged5] 01/3/2022 14:29

Thanks Nig1954, I can access the interview just having problems with the subtitles on Windows.

[nig1954] 01/3/2022 11:52

I hope that helps to find the interview. If not, let me know and I’ll try another source

[nig1954] 01/3/2022 11:50

//drive.google.com/file/d/1UFHblyl_cjUmi3kVY-Z4tIvxzx4k58DF/view