Trackwise Designs Share Discussion Threads

[jotoha2] 27/9/2022 16:52

The problem here is that the Stonehouse facility is unable to supply OEM customer until new equipment is paid for , if they sort out funding and get a decent contract going forward then straight back to 25p , or it could go to 1p .

[mdchand] 27/9/2022 16:35

The last audited accounts show net assets of £25m. Current share price - £2m. Surely they can financially engineer some ST cash until they can land a decent contract? You don't see many companies trading at a 90% discount to assets.

[tomboyb] 27/9/2022 15:57

hxxps://www.trackwise.co.uk/trackwise-employees-recognised-for-nearly-a-centenary-of-service/

[tomboyb] 27/9/2022 15:40

Market cap £1.89million -

MD what do ya think? -

[ifaze] 27/9/2022 15:35

Drop in sterling could make this a tasty target for overseas buyer. Sadly unless there's a bidding war for the tech I don't see me getting my money back!

[mdchand] 27/9/2022 15:12

btw I still think one decent RNS can turn this Company around but will potentially customers look at the finances and think why give them the contract? The sad reality is that wireless harnesses were impacted by the war in Ukraine so TW should have been in an amazing position to take advantage of the current market conditions. Another punt that offers 100% downside but perhaps (with the right contract) x10 upside. Worth keeping an ever smaller position lol

[mdchand] 27/9/2022 15:08

A lumpy sale like that will keep the share price depressed until sufficient buyers can clear it and without future guidance on the fund raise, why would buyers jump in? Still, with a market cap of £2m there must be value somewhere.........

[mustau] 27/9/2022 14:58

Disgraceful, co has nothing to say.
JW was touting this to the moon!

[andyview] 27/9/2022 14:40

Lumpy sale 689k

Ouch

Gls

[jotoha2] 27/9/2022 14:25

No end to the decline here , looks like a white knight is needed urgently .

[mdchand] 27/9/2022 14:16

make that a raise under 2p....

[mustau] 23/9/2022 15:27

....and a raise at under 5p

[jonny_wright] 22/9/2022 18:45

Annnddddd down she goes

[mustau] 20/9/2022 13:14

doubt it, too much stock to rid.

[andyview] 20/9/2022 11:39

Some half decent buying today, might get a little uptick on this soon...


gla

[danmart2] 16/9/2022 22:48

I think this will fall further as a share funding raise is arguably the easiest option

[jonny_wright] 16/9/2022 19:06

Might sell my house and buy trackwise!

[andyview] 15/9/2022 08:22

Clearly not without risk but I’ve added a few this morning…

Gla

[jotoha2] 14/9/2022 17:56

Clearly this BOD have little idea how to run a company , especially a listed one , need a change at the top fairly quickly , expect a massive dilution here to keep the lights on.

[danmart2] 14/9/2022 17:49

The share price has done well to hold up at this level; the company’s existence is in question

[david gruen] 14/9/2022 15:51

Is't this one of JTC's wonder stocks?

[mikeh30] 14/9/2022 12:05

Problem is they are not going to get any contracts without a sound balance sheet. Why would any major company sign a contract knowing it may go unfulfilled. Needs £5-10m

[mdchand] 14/9/2022 11:57

I've kept this investment in my portfolio if only to remind myself of the importance of stop losses and why the market invariably knows the truth about a share's outlook before anything is announced. I don't think its a dead duck but it shows how fragile manufacturing can be in this environment where your overly reliant one large contract. Still, I can see a decent recovery if we can get one decent win from Boeing / BAE etc so worth holding - even now. As an exercise in investment, it's a pretty valuable learning experience.

[amt] 14/9/2022 09:34

Yes an awful mess in which I have now written off my small investment.