THRU

Thruvision Group Plc

25.00
0.00 (0.0%)
Share Name Share Symbol Market Type Share ISIN Share Description
Thruvision Group Plc LSE:THRU London Ordinary Share GB00B627R876 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 25.00 27,500 14:33:39
Bid Price Offer Price High Price Low Price Open Price
24.00 26.00 25.00 24.50 25.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Security Systems Service 8.36 -1.66 - - 36.79
Last Trade Time Trade Type Trade Size Trade Price Currency
14:33:17 O 2,500 25.00 GBX

Thruvision (THRU) Latest News

Thruvision (THRU) Discussions and Chat

Thruvision Forums and Chat

Date Time Title Posts
06/6/202310:53Thruvision : specialist thermal screening279

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Thruvision (THRU) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-06-08 13:33:1925.002,500625.00O
2023-06-08 09:16:3124.2025,0006,050.00O

Thruvision (THRU) Top Chat Posts

Top Posts
Posted at 06/6/2023 10:53 by gerihatrick
One of my hopes is that THRU will facilitate throughput at airports. In discussing it with a friend who works at one he tells me the issue is not related to human throughput but hand luggage flow. London City has just signed up for a luggage security system but I am not sure if that includes the hand luggage component. Any speed up of throughput has to combine both hand luggage and people. THRU solves the people segment but the hand luggage side is integral to the overall process. This might explain the delay in THRU getting any business from this sector.
Posted at 31/5/2023 13:49 by gerihatrick
Thruvision (THRU)

The CEO Colin Evans presented at Mello as he does on a regular basis. As a retail shareholder I appreciate that. I find him an open and approachable person and do not feel I am receiving a heavy duty marketing exercise.

Its USP is that it is the only company with proven patented technology in the US; UK and EU which can screen people at walking speed, achieving a throughput of 800-1000 per hour. In February 2023 it announced its walkTHRU concept in conjunction with NEXT. This means it can always screen 100% staff, therefore ensuring 100% deterrence, as opposed to spot checking individuals on an occasional basis.

Retail distribution centres (RDCs) are their largest market with the least competition. They service Tesco; Next; Boots; JD Sports and many others. They have announced a contract with CEVA Logistics who are a global company with 1000 facilities in 170 countries. This is a large market with 20k RDCs across the US; UK and EU. They are supplying 100 so far. ROI averages at about 6 months.

International Customs Agencies. The largest customer is the US Customs and Border Protection (CBP) plus another 11 agencies. They have facilities at 20 ports of entry into the US which are key reference sites. They now have 118 systems across CBP; airports and cruise line terminals.

Aviation. Their technology is only used by 3 airports, and for employees only. They await approval to provide this service for passengers. That is the major opportunity in this area. The good thing is that only one body handles all the issues of managing airports. (The UK has 3 bodies managing different functions in airport management) This is the Transport Security Administration (TSA). Despite this, decisions are slow and passengers suffer. Anyone going from the UK to New Zealand via Los Angeles can vouch for that!

Entrance security to events is the final string to the bow. It is not a key market. The Manchester Arena bombing at a concert is an example where it would have been effective.

Revenue for 2022 was £8.4m; LBT £2.3m and loss per share was 1.1p. In 2023 revenue was £12.4m with a LBT £0.8m and loss per share 0.4p. Cash YE 2023 was £2.8m while payments for product delivered in February and March had not been received. Q4 had been particularly strong and 40 systems had ben delivered in the final month. They anticipate being profitable in 2024.

Nearly 80% is held by funds. Schroder hold 17.5%; Canaccord 16%; and HIT 10.4%; The Chairman Tom Black is also the NE Chairman of HIT. The relatively new CFO and her husband bought 90k in February @22p.

Progressive Equity Research “cover” THRU. I have re-invested following the Mello event.

Posted at 17/5/2023 12:09 by melloteam
Just to let shareholders and prospective investors know that ThruVision will be presenting on the 23rd of May next week at Mello2023. Https://melloevents.com/mello2023tickets/#

We have created a two day physical investor conference at the Clayton Hotel and Conference Centre in Chiswick that will include 15 top quality keynote speakers, 12 educational workshops and panel sessions, 50 exhibiting companies plus over 80 company presentations for investors to evaluate and understand their current or future investments. For a £25 bonus add-on price delegates at Mello2023 are also invited to make it a three day visit and join us for the Mello2023 Virtual event the day after, Thursday 25th May.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50. Https://www.tickettailor.com/events/melloeventslimited/897720

Posted at 13/4/2023 10:15 by gerihatrick
My concern is that London City Airport has put in a security system that is not THRU. Does this undermine their aspirations in this sector? At the same timevthey do seem to be progressing in the profit protection side. Unclear on progress in border protection.
Posted at 28/2/2023 09:53 by hastings
Thru newsletter announcing that production reached record levels in February for cameras. It also tweeted a few days ago that Next has now deployed its WalkTHRU screening system at a further two distribution centres. Momentum appears to be really building here.
Posted at 23/2/2023 08:12 by hastings
The latest news on employee theft should perhaps further highlight the THRU profit protection benefit.
Https://news.sky.com/story/the-cost-of-living-crisis-is-triggering-a-wave-of-workplace-crime-heres-how-12817082

Posted at 03/10/2022 07:20 by hastings
Excellent news this morning from THRU with the US customs border control.
Posted at 24/11/2021 14:59 by melloteam
Just to let shareholders and prospective investors know that TPX, Belvoir, HeiQ plc, LoopUp plc, Polar Capital Global Financials Trust plc and ThruVision Group plc will be presenting at the Progressive in conjunction with Mello Events webinar on Tuesday 7th December 2021 at 5:30pm.

The programme is as follows:

5.30 pm Welcome
5.35 pm Presentation by TPXimpact
6.05 pm Presentation by ThruVision
6.35 pm Polar Capital Global Financials Trust plc
7.00 pm Presentation by LoopUp
7.30 pm Update from Belvoir with Q&A
7.45 pm Presentation by HeiQ

Tickets are FREE! Click here for more info: Https://melloevents.com/progmello7thdecember/

Posted at 29/10/2021 09:08 by tomps2
Leo Investor ‘slams’ Thruvision (THRU) at 44m13s in the latest PIWORLD/Stockopedia Stockslam

Watch the video here: Https://www.piworld.co.uk/education-videos/the-stockopedia-piworld-virtual-stockslam-october-2021/

Or listen to the podcast here: Https://piworld.podbean.com/e/the-stockopediapiworld-virtual-stockslam-october-2021/

Posted at 12/7/2021 07:53 by pugugly
"With differentiated products, a very competitive market position and a strong cash balance, we expect to return to growth this year and remain confident in our strategy, market drivers and long-term opportunities."


https://www.investegate.co.uk/thruvision-group-plc--thru-/rns/results-for-the-year-ended-31-march-2021/202107120700078310E/

Badly impacted by Covid - Revenue down - Loss increased - Still a long way from becoming cash flow positive. However "Cash at 31 March 2021 of £7.3 million (31 March 2020: £8.4 million)"
Market cap as of pre-open £41m -
Opinion - A must have product but not enough buyers yet - However in the current over-heated market might be seen as low hanging fruit by an American vulture, but maybe to small to be of real interest (imo)
Will have to wait a few minutes to see how Mr Market reacts-

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