T42 Iot Tracking Solutions Share Discussion Threads

[z1co] 22/5/2024 11:28

Yesterdays intra day high of 7.75p was the highest for more than 12 months.

Share price after this brief consolidation will resume it's upward trajectory and we will see more new highs as the year progresses.

[dancing piranha] 22/5/2024 11:07

Yep, more mugs now locked in! lol

[z1co] 22/5/2024 10:35

CEO saying yesterday:

"Our products successfully address one of the most complex problems in the container tracking industry. With our solutions, customers benefit from reliability, security and cost-effectiveness, while also enjoying shorter installation times and a faster return on investment. We continue to identify significant business opportunities in our key target markets, as reflected by the recent agreements we have signed and their substantial business potential."

[z1co] 22/5/2024 10:26

After the rns yesterday a lot of peeps were buying these shares between 7p to 8p.

This slight consolidation will NOT last very long and the shares will go higher than 7.50p.

[z1co] 22/5/2024 08:25

These substantial contract wins in 2024 will generate significantly higher revenues in the current year and 2025 and hopefully a return to EBITDA positive.

[glavey] 22/5/2024 07:55

Oh look 'moderated', someone trying to silence my posts on another thread in case they spoil their persistant ramping.

It's a scam folks.

[z1co] 22/5/2024 07:42

The CEO is very confident of winning more contracts:

CEO of t42, commented: "We are once again observing tangible evidence of sustained efforts to integrate t42's innovative solutions within the supply chain management sector. There is a notable surge in demand for the expertise and experience offered by t42, and we are optimistic that this will result in further contracts as we move forward."

[z1co] 22/5/2024 07:32

Bought another 50,000 @ 5.29p

[z1co] 21/5/2024 17:09

The CEO's comments on 05/02/2024:

"t42 is witnessing the tangible impact of its long-term efforts to integrate cutting-edge solutions within the supply chain industry. There is a notable global surge in interest for 'Lokies' and the associated comprehensive t42 solution, which is expected to be positively reflected in the Company's financial results in 2024 and beyond."

[z1co] 21/5/2024 16:31

Another massive contract won by this little tiddler.

Taking in to account all these contract wins so far this year , 2024 will see a significant improvement over last year.

[z1co] 21/5/2024 16:29

!FOLLOWFEED
21 May 2024

t42 enters into a significant agreement with US based reseller for 30,000 container shipping tracking units, estimated value of approx. US$7million.

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13 May 2024

t42 Secures Long Term Agreement for 30,000 Monitoring Systems Over 3 Years, with estimated value of up to c. $4.5 million

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16 April 2024

t42 enters significant agreement in Mexico evaluated at over $1m and further SaaS revenues

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5 February 2024

T42 Secures Significant Long-Term Agreement for up to 30,000 Container Shipping 'Lokies' Tracking Units over the next three years, together with associated Software as a Service (SaaS) fees, which if received and deployed would be estimated to deliver revenues of over $7.5 million

[z1co] 21/5/2024 15:44

Going through the trades loads bought between 7.50p to 8.00p.

[z1co] 21/5/2024 14:54

Certainly has won quite a few decent size contracts this year.

[karimgrant] 21/5/2024 13:49

Certainly does have legs! More orders to follow after the U.S has signed up!

[riskybisky] 21/5/2024 13:47

STrange to sell now, this has legs..

[karimgrant] 21/5/2024 13:44

Here comes 10 for aligning mc

[citys2874] 21/5/2024 13:18

Just sold my other half now and moved in CPX....great day up 88 per cent

[citys2874] 13/5/2024 11:40

Sold out of TRAC and put into GILD news also just out worth a look and buying

[smithie6] 13/5/2024 11:37

RNS..same old, same old...imo

& this time around there isn't even an initial order !!!!!!

..because the development is not finished !!!

& between now & placement of a hoped for order...

who knows what might happen...

the client will of course have a new look at products from competitors & especially at any new products...

& every competitor in the world now knows there is a logistics company looking to buy.....so, all the competition will be finding out who it is & then offering their products.

and normally what happens before any customer places an order with a mfr is to hesitate....& try to get a better deal, perhaps a smaller initial order, perhaps delayed payment, perhaps a lower price. etc etc.

One has to be careful if one counts ones chickens before they hatch. So many times before with Trac the eggs dissapoint & turn out to be.....red herrings !!

but good luck to them, I hope they survive & then do well. But if this company was any smaller it would not be visible even with a microscope !
..that is not because it is doing well, 'cause it aint.

[crazyworld2] 13/5/2024 11:12

Looks like it's dumping alredy

[manual dexterity] 13/5/2024 11:04

3 May 2024

t42 IoT Tracking Solutions plc
("t42" or the "Company")



t42 Secures Long Term Agreement for 30,000 Monitoring Systems Over 3 Years, with estimated value of up to c. $4.5 million



Highlights:

· Major agreement with estimated value of up to c. $4.5 million for both hardware and SaaS subscription fees over three years;

· Initial order due to be placed for 10,000 units, following acceptance of the now updated tracking solution to the client;

· Client is a leading company in Brazil within the transportation and logistics security tracking sector



t42 IoT Tracking Solutions plc (AIM: TRAC) ("t42" or "the Company"), which provides real-time tracking, security, and monitoring solutions for the global supply chain, logistics, container, and freight market sectors, is pleased to announce that after long and thorough process of assessment, it has entered into a development and supply agreement ("Agreement) with a transportation and logistics security tracking firm in Brazil (the "Client") for 30,000 tracking units over 3 years, together with associated SaaS revenues.



The Agreement is estimated by the Company to have a total potential value of up to approximately $4.5 million, over the 3-year period, on the basis of full deployment of the hardware and software services.



Under the Agreement, following acceptance by the Client of the system development, the Client is due to place an initial order with t42 for 10,000 tracking units, with a non-refundable deposit payment having been received by the Company. Revenues from the initial order, once placed, are expected to be received commencing in FY 2024. The Company will update the market once the initial order has been received.



The Agreement, which includes ongoing systems development, has been executed after over a year of evaluation of the Company's systems by the Client and a detailed analysis of the Client's requirements by t42, which demonstrated the Company's knowledge and ability to accurately identify the Client's needs and to develop a product to meet these needs.



t42's comprehensive solution, integrating its tracking units, has been developed through the integration of various currently independent systems coupled with the introduction of new applications into a unified system. These enhancements extend to all facets of the system, encompassing hardware, management software, and ultimately, a smartphone application for end-user service, affording the Client a considerable advantage in their domestic market and facilitates their entry into international markets. This solution simplifies the system's implementation with the Client's own systems.



Avi Hartmann, CEO of t42, commented: "We are once again observing tangible evidence of sustained efforts to integrate t42's innovative solutions within the supply chain management sector. There is a notable surge in demand for the expertise and experience offered by t42, and we are optimistic that this will result in further contracts as we move forward."



Contacts:



t42 IoT Tracking Solutions PLC

Michael Rosenberg, Chairman 07785 727595

Avi Hartmann, CEO +9