T42 Iot Tracking Solutions Share Discussion Threads

[sunshine today] 15/8/2022 14:25

As always the time to purchase is when others are not.

How about pre orders for new upgrade to be announced at some stage in the next few weeks ?

No guarantees but at a tiny £7M if successful could absolutely rocket

[sunshine today] 15/8/2022 12:07

One would think the new updated product will sell like hot cakes.

All that’s required is a manufacturing partner to produce tens of thousands per year.

Finance would not be an issue, if backed by solid orders.

It’s also extremely appealing to a multinational at 3 times todays market cap in my personal opinion.

It strikes me if DHL was over the moon with the earlier version they might now go the whole hog.

[dancing piranha] 14/8/2022 11:38

A month old, but at least they got a mention!

[smithie6] 09/8/2022 19:00

& anyway, Trac have had to focus on one product area because the sales, & prospects of notable sales, of "all" the other products were/are imo close to zero.

And the co. coffers were empty & debt was max'd out, so they needed a hope or dream otherwise their last cash raises would have been at notably lower prices.

And imo the co. probably needs another cash raise in this financial year (since the expected sales this year are not that noticeable in hard cash terms, & the bod & workers still have to get paid every month) , so the co. really needs a hope product.

Good luck to the co. , I hope they succeed but it is a tough market imo & there is competition & surely all of the competition has deeper pockets than TRAC.

[smithie6] 09/8/2022 18:52

...blatant basic ramping imo.

Focussing mostly on one area ??

Wow, amazing !

Name any company in the world that doesn't do that ?!

Finsbury Food makes bread, cakes, snacks. Unlikely they will announce that this year they will mainly focus on, let us say, making car air bags !!

Companies focus on what they make & sell, & pays the wages. (Unless they are collapsing & have to try to find something new).

[dancing piranha] 26/7/2022 18:31

Amazing really, another share I hold, and am very bullish on, put out a very positive trading statement today (PIER).

Excellent figures, yet TRAC, with no news, ended 2% higher!

Both illiquid shares I might add..... I'm not complaining having two shares today in positive territory, in a sea of red!

[dancing piranha] 26/7/2022 14:31

Nice surprise here today!

[madmonkflin] 25/7/2022 12:30

MCL who are looking at a scheme of arrangement? you must be suicidal

[blackhorse23] 23/7/2022 23:33

Glad I sold here 2 weeks ago & bought MCL (LSE) better growth profile & value ... mcap only 6 millions but free cash in bank 150 millions with loan book floating 250 millions

[bobdown2] 18/7/2022 12:41

At the moment the product looks like it is receiving validation.
The money could be in the speed up and increase in orders. The share price moving down a tad after the good news could add value at these levels. Another contract in the short term could be a great buying signal.??