Share Name Share Symbol Market Type Share ISIN Share Description
Trackwise Designs Plc LSE:TWD London Ordinary Share GB00BFYT9999 ORD 4P
  Price Change % Change Share Price Shares Traded Last Trade
  -7.00 -2.77% 246.00 79,579 16:17:50
Bid Price Offer Price High Price Low Price Open Price
242.00 250.00 261.00 239.00 253.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 2.91 -0.13 -0.32 70
Last Trade Time Trade Type Trade Size Trade Price Currency
16:17:20 O 3,000 246.00 GBX

Trackwise Designs (TWD) Latest News

More Trackwise Designs News
Trackwise Designs Investors    Trackwise Designs Takeover Rumours

Trackwise Designs (TWD) Discussions and Chat

Trackwise Designs Forums and Chat

Date Time Title Posts
05/3/202116:45Trackwise Designs Plc (with charts)604
02/10/200714:12Trade Winds Ventures and Associated Co's10
17/1/200722:02Trade Winds Ventures, Gold Explorer on TSX7

Add a New Thread

Trackwise Designs (TWD) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Trackwise Designs trades in real-time

Trackwise Designs (TWD) Top Chat Posts

Trackwise Designs Daily Update: Trackwise Designs Plc is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker TWD. The last closing price for Trackwise Designs was 253p.
Trackwise Designs Plc has a 4 week average price of 239p and a 12 week average price of 220p.
The 1 year high share price is 387p while the 1 year low share price is currently 71.50p.
There are currently 28,426,122 shares in issue and the average daily traded volume is 29,830 shares. The market capitalisation of Trackwise Designs Plc is £69,928,260.12.
viking24: 10th of March could be interesting if we could get an update on the Arrival situation etc.EV is the talk around the world, let us get some update on where we are and this share price could be moving forward very quickly
krutt: 32campomar,If you bought in 6 months ago you would be very happy. Its just a bit of consolidation. I think everything is pretty much on track and going to plan. Hold tight and you will be rewarded. I think we will see a steady upward tick in the share price over the next few months.
shieldbug: Senn1 - the possible connection with Hyundai, Kia and TWD is interesting. This article says that Hyundai Kia invested £100m in Arrival - and that "Hyundai and Kia will leverage Arrival’s novel micro factories and software innovation whilst Arrival will benefit from the OEM’s global footprint and economies of scale." It kind of looks as though Hyundai and Kia might adopt the Arrival EV platform - and could include the TWD battery pack components. Apologies if this is common knowledge. hxxps://
longshanks: Can't disguise the fact that this is actually a profit warning and the share price will be marked down accordingly.Non-the-less, few of us are invested for what they are doing currently. All eyes are on the future opportunities so any weakness will be brief.
fez: Nice to see some normality return to this board...and a slight rise in the share price too. SCE great comparison with TWD...they share some shrewd investors also. I'm in both but happen to think the potential for TWD is far greater...many more markets open here... Good luck everyone with your excess entitlements.
timbo003: The comparison of the two fund raisings (Mirriad and Trackwise) is certainly interesting These are the two statements from the placing announcements used to justify the discounts Mirriad The Company intends to conditionally raise approximately £23 million (before expenses) through the issue of the Placing Shares at the Issue Price, which represents a discount of 5.9% to the closing middle market price of 42.5 pence per Ordinary Share on 25 November 2020, being the last practicable date prior to the announcement of the Fundraising. Trackwise Issue Price of 200 pence represents a discount of approximately 7.9 per cent. to the volume weighted average price of 217.17 pence per Ordinary Share for the period of 18 September 2020 to 19 November 2020, being the date on which the Company recently announced a new manufacturing agreement with an EV OEM through to the Business Day prior to the announcement of the Fundraising. Why does one broker (Finncap) use a Volume weighted average to justify the price and the other (Cannacord) use a closing middle market price from the day before the announcement? Is this the usual methodology used by both brokers? It would be worth checking if Finncap routinely use this volume weighted average method, or whether they sometimes use methods akin to that used by Cannacord in the case of Mirriad. Generally speaking, I think a volume weighted average over a period of time before a fund raising announcement will work better in most cases as it provides more certainty for the placees and the company on the fund raising and it avoids any nasty surprises for existing shareholders if there is sudden irrational spike down in the share price in the days immediately before the placing announcement.
amt: timboo3. I don't agree the share price is only falling back towards 2 quid because nobody would buy now when there are institutions buying at 2 quid who might sell chunks at £2.20 or £2.50 for a guaranteed profit. If the rights were at 3 quid the share price would head back towards 3 quid. So underwriting with a 20,% discount shouldn't be expensive. Remember the share price was flying towards 4 quid and there must have been some knowledge in the market of a large cash raise also. Without that the share price could easily have got to 5 quid plus. A 3 quid offering would have been massively oversubscribed I am sure. Now I see it stuck below 3 quid for ages unless the institutions are prevented from selling. Its no wonder the share price is falling.
74tom: I'm afraid the negatives outweigh the positives for me. Even with this new factory, they will be at maximum capacity this time next year, as per Finncap's note. How are they going to satisfy additional demand? I wouldn't have had as much of a problem if they had raised £30m+ at £2 so they could buy a much larger site, but with the 20 day VWAP at £2.88, raising enough for one new site at a 30% VWAP discount is incredibly unambitious. It's ironic that yesterday I was discussing the potential for an equity investment from a third party to help commercialise the technology, using ITM Power as a comparative. In October 2019 ITM Power raised £52m at 40p a share, comprised of a £38m strategic investment from Linde, a firm placing of £14m and an open offer of £6.8m. Prior to this AMBITIOUS deal, they had 341m shares in issue, so the pre money valuation of the business was £136m. The placing was at a 7% discount to the closing mid market price. We all know what happened next with the share price, and today they have a market cap of £1.7b. No company worth their salt should raise at a 45% discount to the market price, as it sends out all the wrong signals to the market. Why didn't they use the buzz in the aftermath of the Arrival IPO to go on a funding roadshow? The II's are well aware of who their major customer is, so they should be paying a premium based on yesterday news alone. Instead they get an instant 50% profit. Disgusting behaviour, and indicative of the malaise in the British markets, in complete contrast to the US.
timbo003: What a delightfully small fall (so far) in the share price considering the magnitude of the discount. I guess that this is one of the reasons they have only given existing shareholders a few crumbs from the table. Had the open offer been for a larger portion of the overall placing (say one new share for ten existing shares) then you would probably have a significant number of existing shareholders selling around 10% of the shareholding in order to bank a profit and fund the purchase of replacement shares, but at 1 for 44, it will make much less sense.
74tom: It's tough to say! Usually when comparing two companies with markets caps of £70m and $6b I would say it's obvious which has the most upside, but in this case I'm not sure it is. The big question is whether Arrival will use TWD's IHT technology for all it's future vehicle production. If the answer to that is yes, then I think TWD is the better buy. It would also raise the question of whether they may look to acquire TWD, especially with TWD having patents that are valid in the major markets until the mid 2030's... I guess it all comes down to much competitive advantage the IHT tech provides. My feeling is it's quite significant - Arrival emphasise the importance of being able to customise vehicle size etc, so having unlimited length circuit boards in a world where everyone else is limited in size is quite a radical change for the better.
Trackwise Designs share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Trackwise ..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210308 00:17:50