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Share Name Share Symbol Market Type Share ISIN Share Description
T42 Iot Tracking Solutions Plc LSE:TRAC London Ordinary Share JE00BKVDPL34 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 13.50 82,727 08:00:00
Bid Price Offer Price High Price Low Price Open Price
13.00 14.00 13.50 13.50 13.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 4.21 -2.96 -6.40 7
Last Trade Time Trade Type Trade Size Trade Price Currency
14:00:00 O 10,000 13.07 GBX

T42 Iot Tracking Solutions (TRAC) Latest News

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T42 Iot Tracking Solutions (TRAC) Discussions and Chat

T42 Iot Tracking Solutions Forums and Chat

Date Time Title Posts
15/8/202221:31t42 IoT Tracking Solutions: t42 The Answer to Smart Container Tracking650
13/7/202209:32Traction Technology198
27/2/200713:24Child Tracking Devices4

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T42 Iot Tracking Solutions (TRAC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-08-16 15:12:5813.5025,0003,375.00O
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T42 Iot Tracking Solutions (TRAC) Top Chat Posts

T42 Iot Tracking Solutions Daily Update: T42 Iot Tracking Solutions Plc is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker TRAC. The last closing price for T42 Iot Tracking Solutions was 13.50p.
T42 Iot Tracking Solutions Plc has a 4 week average price of 11.70p and a 12 week average price of 9.25p.
The 1 year high share price is 31p while the 1 year low share price is currently 6p.
There are currently 53,026,822 shares in issue and the average daily traded volume is 201,459 shares. The market capitalisation of T42 Iot Tracking Solutions Plc is £7,158,620.97.
bapodra_investments: There is still the potential of DHL placing a further significant order and that has not been ruled out and cannot be ruled out at this moment in time. However, I would like an update on the Openbox deal and see how many orders have been placed to date in this exclusivity deal within the US. There is revenue growth potential on that front too but currently a bit quiet on that front. There is a reason why the likes of DHL and Philip Morris are dealing with TRAC. If TRAC's product was poor or there was no real need for their product then does anyone really think they would be wasting their time with TRAC! I think the key metric is whether T42 can generate enough revenue in the current financial year which is a significant increase from the previous year and demonstrate to the market that it has a good chance to do so going forwards. There is absolutely no guarantee that it can but from current share price and market cap levels the risk/reward is pretty compelling. The risk we investors take is that TRAC cannot but that is investing for you. It is not easy but those who make the large gains are those who think and do differently to the hard. I keep on saying this but the share price is often disconnected to the fundamentals/financials of the company. Those who understand price behaviour will get it and those that do not will just buy at higher price levels which is more likely to see a sharp price turn in the opposite direction. They then wonder why they are sitting on losses! This leads to them being angry/bitter. TRAC is a high risk, illiquid nano cap share. For me it has revenue growth potential and that is why I have invested and accumulated on price dips/declines to build up my position. If I am wrong then I am wrong. That is fine. That is part of investing. I will sell and move on.
bapodra_investments: Smithie6 - No one forces you to invest in TRAC or even follow it. There are so many companies out there. If TRAC is not for you then focus on something else mate. Or are you one of those ADFVN Bullies/Trolls/Aliases that is a deramper! Listen TRAC could absolutely fail but the price behaviour of a share is disconnected to the fundamentals/financials of a company. I don't know about you but I have been investing in nano caps listed on AIM for around 20 years now so have a pretty good feel about which companies can see share price growth and which are never likely to see much share price growth. If you think I am ramping then that is your call but anyone who knows me from the other threads will know I am absolutely willing to critique or criticise a company that I am invested in and I remain balanced in the sense of bullish and bearish depending on price action. Now a) it is too hot and b) I do have the energy or time to deal with creepy crawlies like you. I will give you one chance to be polite and respectful otherwise I shall be filtering you and you can post like a loner for all I care as I certainly won't be reading your posts if you don't want to be civil. At the end of the day TRAC has a low share price and low market cap. From a risk/reward perspective it is enticing and compelling for me. If it is not for you then for heavens sake go an focus on a company that you have some confidence/conviction in. Or just short TRAC with maximum leverage if you have any balls and make lots of money. I am giving you one chance as I really do not have the patience for the likes of you who think you know it all but yet offer zero value to anyone. Why don't you share your immense experience in investing and trading and show us all the way. Good Night.
bapodra_investments: Dancing Piranha - Don't forget TRAC has announced contract wins recently. Sometimes the share price can lag due to delays in investors/traders getting on board. So for example if someone using ShareScope to identify any breakouts or any shares where a certain moving average was crossed to aid their entry points then this is 'time lagging'. I agree many nano caps including TRAC are illiquid. The advantage of illiquidity is that when the share price rises it can do so very quickly and strongly. It is not at the mercy of day to day volatility either. The flip side is it can be difficult to sell your shares at the price you want and any sharp rise can be followed by sharp sells due to the speculative nature of some of the nano caps. There is a breakout possibility for TRAC from its current position when looking at the chart so we will have to see what the price action does going forwards.
bapodra_investments: I called the current price behaviour possibility back in May 2022 as can be seen from two of my previous posts on this very thread below: Bapodra_Investments 17 May '22 - 08:21 - 551 of 579 The share price is up 13.2% and his showing on the ADFVN Top Risers Leaderboard but how sustainable this is only the next few hours will tell us. The volume is pretty low so this could be market makers playing their usual tricks and games. It all depends on whether new investors and existing investors think the current price level and market cap offer good value based on future potential. I do. My downside risk is around the 10p price area. My upside potential is above 25p and new ATH should any significant DHL or other order/contract win come in. Bapodra_Investments 18 May '22 - 11:47 - 554 of 579 It seems 10p price zone is looking likely at the moment for TRAC's share price.
bapodra_investments: A very positive and bullish RNS this morning. A contract from Latin America with more orders. Great stuff. The only thing I would like to see is what this means in terms of revenues for TRAC as I have no idea. The one thing we know is that orders are coming in so there is most certainly interest no matter how big or small. We TRAC needs is that big revenue generative contract win which if landed will lead to a 'step change' in revenues. Exciting potential but still not enough evidence of revenues to know for sure how significant all these orders will be in the financial results for the year. Great news though and share price and market cap looking rather undervalued to me based on risk/reward and future potential growth which I do not think has been factored into the share price or market cap. At least some of us are in prior to that should it happen.
bapodra_investments: TRAC is a very high risk play. I think this because if the contract wins do not come in from DHL et al which significantly increase revenues then how is T42 going to service/manage its debts? We know TRAC is loss making but that is common in growth companies listed on AIM and Starcom prior to it was a loss making business. When revenues increase the losses need to reduce and if the losses are low then they needs to turn to profitability. This is the journey and only time and price action will confirm if TRAC will succeed or fail. I am prepared to take that level of risk as I would much rather get in prior to confirmation as if TRAC succeeds then the share price and market cap will rise. If the market does not think TRAC will succeed then expect the share price and market cap to continue falling. I think Nick2412 understood this and sold his position with a view to coming back when there is some confirmation of revenues increasing. That is sensible and if Nick2412 is reading this then if he re enters after confirmation in his view it could de-risk his position in TRAC.
bapodra_investments: Dancing Piranha - Raising capital via equity raise is one of the main reasons why companies list. I do not have an issue with that as long as the capital is used to deliver increased revenues. This is the biggest risk for T42 IoT Tracking Solutions PLC. Can it deliver? Execution Risk is prevalent here until the BoD can evidence otherwise. I think the share price and market cap is not factoring in any significant revenues coming in so should a contract drop in which demonstrates that then a major re-rate would occur in the share price. That is why when investing in high risk nano caps like this one of the best ways to ensure you are not sitting on huge losses is accumulating shares when the share price and market cap are low. Buying nano caps at high prices and market caps will most certainly lead on many occasions to the price declining significantly ensuring losses are occurred.
bapodra_investments: turbotrader2 - I do not have the power to talk down the share price of TRAC. Secondly, my post is after the decline and whilst it is declining. My personal downside risk is 10p and there is nothing wrong with sharing that in an open/honest and transparent way. I am not looking for an entry as I am already an investor and my first initial investment is time/date stamped on this very thread where I openly shared that I had invested. Yes I am looking at accumulating more shares on any major dips/corrections/declines of which this is. I never invest all my capital in a share in the first investment precisely for the reason which TRAC is experiencing right now in terms of price action. I will accumulate more shares within the 10p - 15p price range and will certainly not apologise for that. However, I have had no influence on the price decline and my posts certainly have no influence on the price decline. Have a look at my previous posts and you will see I am bullish TRAC and I think it has huge potential so it actually good that these results are now out of the way and once the decline has completed and the share price has bottomed/settled, I think further contract wins will drive the share price higher in due course. That is precisely why I will be accumulating more shares at a lower price and lower market cap. If you have a problem with that then tough.
smithie6: Bapodra wrote "so even if it does not succeed I am not investing at a ridiculously high share price or market cap which is not sustainable by the performance metrics like revenues and profits." imo, what a load of rubbish. The share price if the revenues & profits in future accounts are essentially much the same as they were then the share price will go back to where it was or very close. 1p-1.5p before consolidation. 8p-12p after consolidation. However !! the cap. value might end up being the same, to represent the previous/on-going SAAS income, is it ~2 million$ & IP in various products & being listed & having contacts with various distributors & clients. But divided by many more shares, so the resulting share price if there is no jump in turnover in 2022 could well be lower than 8p. If there is no success in 2022 some people will sell not believe the claims any longer & will sell to get out, dissapointed/tired. And the co. may struggle to get investors of any new cash raise in 2023, if there is no success & turnover increase to justify putting in more new money. 8p is 1/3rd of the current share price of ~24p. So, £10,000 would be worth £3,333. The fact that a company is a small cap. does not remove the risk of losing money.
smithie6: Lokies/tracking padlock from TRAC Be aware that there are various other smart padlocks out there. Including "We are excited to announce the availability of the PLTX-01KR-DR and the PLTX-02KR-DR." hxxps:// There are various others. Such as the G400. Which looks to be from China & does provide tracking, it is probable targetting the market for lower cost & high volume. China, a tough (impossible?) competitor for price. The pros & cons of each one (& whether it comes with a good easy to use tracking app, I don't know. ---- & Tracking device are very cheap nowadays. Sure if you want different functions or higher performance or the tracking software to do certain things then sure an off the shelf £20 item from Amazon won't do it. But for £1/2 million a suitable tracking app could be made, imo, by people experienced in creating tracking apps Competitive market imo......& that prices have come down. The many problems of lse:trak (vehicle tracking) is proof of how tough it is to survive Lse:tst also do some stuff for vehicle tracking. & QUARTIX &..... hxxps://
T42 Iot Tracking Solutions share price data is direct from the London Stock Exchange
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