Tern Share Discussion Threads

[cambradjones] 01/3/2020 19:48

Expecting 30k to arrive shortly, just hoping it's soon and tern doesn't skyrocket before it arrives. As I bought a load in the 30,s it would be nice to buy at 7p.Please AS , no news for a while yet.Not what you guys want to hear I know. ; )

[still waiting] 01/3/2020 19:08

I'm still intrigued by cyber security for internet/web v3.0

[goofrob] 01/3/2020 18:57

John the C has no idea what is happening here...He or She is a shorter along with Duxy..Stead and others here....MICROSOFT and WIPRO are saying Keyscaler is required to secure IOT at scale.GLA serious LTHSs..

[jonc] 01/3/2020 18:49

sharejim,

I believe Nigel Somerville is incorrect with his TERN update of today as the interims state that the bridge was repaid..


However TERN are now making loans to investee companies and not updating the market as the loans are made.


So they may well have bunged some more cash into the DA black hole.

[jonc] 01/3/2020 18:45

They have sold one company for a paltry amount so it is a bit rich for TERN to make that claim.


None of the investee companies have market leadership.

[1happydays] 01/3/2020 18:13

or
exits, exits, exits

'Ultimately, we help businesses to fulfil their exciting potential, achieve market leadership and deliver strong exit multiples.'

[jonc] 01/3/2020 17:34

Revenues revenues revenues.

[jendee] 01/3/2020 16:52

One things for certain , we will soon learn if we are to make a fortune or just a few quid , D day is approaching fast !

[tullynessle] 01/3/2020 16:44

Interesting description of "Artificial Intelligence of Things (AIoT)"




Techopedia

Artificial Intelligence of Things (AIoT)

Definition - What does Artificial Intelligence of Things (AIoT) mean?

Artificial intelligence of things (AIoT) is a broad term for applying artificial intelligence to the internet of things (IoT), a new phenomenon that represents many simple digital connections between hardware devices. The internet of things is comprised of billions of small connected devices, including traditional devices and appliances networked together and communicating over internet protocols. Adding AI to IoT brings its own system of challenges and potential solutions.


Techopedia explains Artificial Intelligence of Things (AIoT)

Artificial intelligence of things represents technologies that are built into the IoT to make it smart. AI can add value in helping IoT achieve machine learning goals or in using key data for signaling or developing insights. Where data analysis on the internet of things is automated, it constitutes artificial intelligence of things. Companies and other parties are talking about artificial intelligence of things when they talk about efforts to broaden what users can do over the internet of things or how technologies can utilize the internet of things to function.

[tullynessle] 01/3/2020 16:38

The last line of the "Blog" by Mr Sisto could be interesting, namely:

"The possibilities of AIoT are truly huge – watch this space!




TERN - BLOG

AIoT: the lowdown
Blog by: Al Sisto - 5 / Feb / 2020


What is AIoT and what can it do? Those are the questions we’re tackling in today’s blog.

Essentially, we’re talking about the convergence of artificial intelligence (AI) and the Internet of Things (IoT). They are independent technologies which are transforming myriad industries around the world – but combine them, and we enter a new era of continually learning, self-correcting systems, powering industrial automation on a scale we have never seen before. As Forbes has reported, ‘while IoT is the digital nervous system, AI becomes the brain that makes decisions which control the overall system’.

Mr Sisto's Blog continues...

[goofrob] 01/3/2020 16:35

Nonsense....John the C is an idiot troll together with all the other shorters here. Time is nearly up for you all and your paymasters. Bye Duxy....

[mikemichael2] 01/3/2020 16:35

nonsense

DA is worth a stack

12p soon.

[jonc] 01/3/2020 16:30

Nonsense.DA is worthless.2.2p EOY target.

[tullynessle] 01/3/2020 16:14

Stentorian /InVMA

I believe BT and MK:Smart need to be added to the list.

Comment 1 : In the link the words "global partners" appear

Comment 2 : Has anyone found "Nanuka" - I didn't have any luck.





"We have a proven track record with customers include BT, GCE, Centrax, Rotork, Vayon Group, MK:Smart and Nanuka."

[kkrr11ss2] 01/3/2020 15:31

Re:stentorian invma post
Scroll down to partners and customers

[kkrr11ss2] 01/3/2020 15:27

This unmanned boat can chase for 300 mile at 45 knots with laser guided machine guns and heat seeking missiles
Just seen it on hms prince of Wales aircraft carrier in Liverpool
Navy guy called it a sea drone

[sweepie2] 01/3/2020 15:17

If he was that much of a genius we would not have spent most of our time criticizing him, the buying just did not justify a bunch of insiders buying and quite a few of the buys were claimed from people who populate this thread. Do't get me wrong news of what you suggest would be game changing at this moment in time but sadly for us despite my dreams unlikely

[seewhatlmean] 01/3/2020 14:51

AIM-listed Tern plc (TERN) was one of my two tips of the year – as a sell – at 9.25p (mid). The shares are now just 7.25p - down by 22% so I’m off to a very good start. But I want to ask a question of Tern regarding its ongoing loans and payments to jewel-in-the-crown investee Device Authority.

Last June – just before Tern’s half-year end – Tern lent Device Authority (DA) around £0.3 million secured against a tax credit due to DA from HMRC. Given that Tern had been handing out around £0.3 million in loans every quarter to DA, this appeared to replace the summer loan but I had assumed the cash would be repaid once HMRC had coughed up.

Roll forward to now, and the charge which was registered at Companies House on 5 July 2019 and effective 25 June 2019 is still there and still marked as outstanding. So it seems the cash has not been repaid.

Are we to believe that it has taken HMRC eight months and hasn’t paid up? Or has HMRC decided that for some reason it should not pay up?

Or might there be another explanation: that someone perhaps wishes to hide the fact that DA is still totally reliant on quarterly loans from Tern of around £300,000 to keep the lights on because DA is generating no significant revenues still?

If that is the case, could it be that HMRC has indeed coughed up but DA hasn’t passed on the payment – effectively getting another £0.3 million loan from Tern in the process? That might explain why Tern has not made its usual January disclosure of further loans to DA when, in effect, another has been made.

Might Tern clarify this?

Given that at the last results (interims to June 2019) Tern’s stated net asset value of 6.9p per share (now slightly boosted by a placing at the end of October) was two thirds down to DA which appears to be still reliant on funding from Tern, that is a bit of a worry is it not? Especially as the jam-tomorrow is still yet to arrive.

And of course Tern will surely have to rattle its own tin once again before the full year numbers are out in order to get a going concern sign-off from its auditors – and in the current climate that will be very messy indeed.

My suggestion that the market will finally tire of Tern’s jam-tomorrow and continual placings still applies. At 7.25p - still a premium to its Woodfordesque NAV - keep selling.

[upthegardenpath] 01/3/2020 14:29

I think the key word of that statement is 'IF'

[bdog51] 01/3/2020 14:06

TERN is currently trading at a huge discount to the real value of assets, as will be realised and confirmed when assets are sold. All in due course..Our resident trolls will be aware of that, hence the persistent posting of nonsense. If they aren't aware of it, then they really are clueless.

[bbmsionlypostafter] 01/3/2020 13:40

RNS on Monday followed by red?