T42 Iot Tracking Solutions Share Discussion Threads

[turbotrader2] 04/5/2023 16:09

Sold out didn't you bless

[dancing piranha] 04/5/2023 16:08

LOL... Another friend in Israel helping out!!

No figures = more desperate fluff.....

[smithie6] 04/5/2023 15:57

RNS out
yet another agent sign up type RNS
& course with no actual sales being made.

Trac needs cash. But imo the sales, to provide some cash from the sale price being higher than the cost to supply that product, are not happening, not in significant volumes.

Israeli port partners with Trac, an Israeli company.
No surprise there !
The port is a port operator, putting containers On/Off to ships, hence I believe it is not a buyer of container tracking/monitoring devices, but we won't mention that !

[dave4545] 28/4/2023 21:25

Sorry.

But I have so much money in suspended stocks I have a right to be cautious and reduce positions that make me uncomfortable.

If it was not for SNT I would be getting slaughtered in this market.

[turbotrader2] 28/4/2023 19:43

What a shame people panickedFact is results aren't legally due till 30th June and trac got a bit ambitious and excited! I sleep extremely well and apologies you sold pmslDave- after snt and what's to come there too I'm rather disappointed

[dave4545] 28/4/2023 10:30

Actually yes, they never did lose too much money. You see lots of £2-5 mil capped tech stocks issue results and they lose millions and burn millions so small losses are not too bad and I thought sales were increasing well.

But this lack of accounts after such a promise is ringing alarm bells, my head says sell (I have reduce a few for a loss already) my heart says ride it and see what happens.

[dancing piranha] 28/4/2023 10:24

Do you really think they will be good then?

[dancing piranha] 24/4/2023 12:48

Tumbleweed......

Oh, and there goes another 5% off the sp!

Dear oh dear, any Lokie buyers at all out there?!

[dave4545] 29/3/2023 22:11

If they are keeping to their word then results will be out tomorrow or Friday.

Hoping of a bullish outlook, they have dropped enough hints so far in Rns's and twitter and deleted twitter posts which might have been inside so removed

[dave4545] 15/3/2023 21:27

If Lokies sales are up multiple 100 %'s as they said in their "deleted" tweet then sales could well jump here as they sell for at least £300 each.

Think 2023 could be Trac's year.

[dave4545] 13/3/2023 17:58

Growth potential

[dancing piranha] 13/3/2023 17:32

Why is this loss making company, that has never made a profit, or signed a contract, ludicrously cheap?

[turbotrader2] 13/3/2023 16:17

This is ludicrously cheap

Im waiting to see why they deleted the tweet a week ago.....

[gilou9] 13/3/2023 12:41

This could now show that the company is going to have a strong 2023 and 6p is the bottom.

[gilou9] 13/3/2023 12:39

Avi Hartmann, CEO of t42, commented : "2023 continues to show trust in our products and services. In placing a second order only two months after the first, the client has expressed its confidence in our technology. We look forward to continuing delivering our solutions in the growing cargo segment."

[gilou9] 13/3/2023 12:37

Excellent news. Another 2500 units on top of initial 1000.

[dancing piranha] 03/3/2023 11:09

Yes, they sold 24 Lokies in February, up from 8 in January!! lol

[dave4545] 03/3/2023 10:48

Well they have at least 200% sales increase !

But in what we are not quite sure :-))

[nick2412] 02/3/2023 15:49

dave4545, I think you have answered your own question there. The tweeted comments were clearly material by any measure but TRAC has a history of bigging up things without substance.

Looks like they may have done that here hence the deletion and no rns.

That tendency to, at best over exaggerate has involved in the past using global names such as Bosch, United Nations, DHl, Russian Railroad project and the odd international airline or two and imply big contracts with them will emerge. Unfortunately, they never do.

TRAC also has a history of depicting distributorships as nailed on multi multion £ commercial contracts which ultimately produce next to nothing in the timescales TRAC state are applicable. Openbox is the prime shameless example.

[turbotrader2] 02/3/2023 07:56

They like intra day RNSs

[dave4545] 02/3/2023 07:49

Do not understand why they deleted a few bits of info yesterday and not issued a RNS today.

I mean if they are not material then why delete them.