Tracsis Share Discussion Threads

[welsheagle] 23/8/2014 14:09

When are the results, Buffetteer.

[buffetteer] 22/8/2014 16:43

Yes but good to see someone mopping up if tyre big sells couple of days ago . Looking forward to results.

[m.t.glass] 22/8/2014 13:58

Lively this afternoon..

[fz13] 19/8/2014 14:39

Massive sells today ? enough to make me sell for now although I like the outlook

[buffetteer] 24/7/2014 12:35

Yes latest broker updates are 15.8p 7/14 and 19.5p 7/15.
The announcement today is v good news for the medium term growth prospects of the business. Shares are starting g to look cheap again if the 7/15 forecasts can be believed.

[stewy_18] 24/7/2014 08:23

Great news today. I posted over on the fool:-


(It was my 2013 share pick so I like to keep the thread going:)

Does anyone have any broker updates?

Best

Stuart

[welsheagle] 21/7/2014 20:13

Buffeteer
The cash is around 30p per share, so taking this out gives 270p, which would be a PE of 13.8.
There is still some mileage in this company, as there is so much work to be carried out on the railways.

[buffetteer] 21/7/2014 00:40

Welsh
Interesting but I think you'll find that we should make 15.8 p 7/14 which is old news and more importantly make 19.5p for 7/15.
On those numbers we are only on 15x - which is cheap for a tech company growing so fast ( doubling profits in three years.)

[welsheagle] 20/7/2014 19:52

July's Techinvest mentions the positive trading update, and that WH Ireland had revised their forecasts for revenue from 17.5m to 21.5m, and eps from 12p to 14.9p. It concludes that 'Tracsis looks set for further strong growth'.

[buffetteer] 17/7/2014 11:12

I suspect the weakness may be due to the share sales by directors.ay just be drift from sales and no buyers .Glad to see john has exercised all his options and not sold. He now has 1.1m shares so his interests are well aligned with ours.
Hold the faith . It will move around but the general trend should be up as new acquisitions add valuable profit increases.

[apad] 17/7/2014 10:23

Only thing that I can add to that, S, is that overseas adventures for a minnow are high risk. In some ways I rather hope that a US pilot success will fail and that european initiatives will succeed.
However, a US contract would be a powerful spotlight.
apad

[stewy_18] 17/7/2014 09:56

Never really sure with TRCS. Some unaccounted for drops. The share price was well ahead of itself even if you take into account the record profits this year. My guess (and it is only a guess) is that the pilot in the US was not successful. It is always hard to say as they never announce the outcome of the pilots (if unsuccessful).

This is becoming a bit of a worry for me. I am 100% convinced that remote monitoring of rail tracks will become the default within the next 5-10 years. So why no sucessful overseas pilots?

Last time I contacted TRCS they told me they have numerous pilots underway. The two I know of are the Scandanavian pilot and the US pilot. No news on both. However in the interims they said Trading in RCM [remote condition monitoring] remains very strong outside of the Framework Agreement

So regardless of whether pilots are successful, MPEC seems to be gaining traction elsewhere. This for me is the main thing that will drive the shareprice in the future and it is why you now have to pay a premium for the shares right now. Any announcement of a successful pilot will transform profits IMO.

Long term buy and hold for me.

I await more news with interest.

Best

Stuart

[apad] 17/7/2014 09:06

Interesting fall back and some high-volume sales.
Anyone looked any deeper?
Might be an increase opportunity for some?
apad

[buffetteer] 04/7/2014 19:03

Done everything right - up 5x so far in a couple of years . With high returns and group structure can see further multiplying over time.
A £50k investment here growing at 35% per annum could become a million in 10 years - watch this space !

[m.t.glass] 23/6/2014 08:47

Share price now up sevenfold in 3 years.

[caradog] 23/6/2014 07:34

Excellent trading update this morning...

As a result of strong trading across all areas of the Group, the Board expects both revenue and profit to be significantly ahead of current market forecasts for the year ending 31 July 2014. Full year revenue is now expected to be in excess of £20m.

[the big short] 02/5/2014 15:15

I've been told us deal off and they are not going to announce it. Just like the Scandansvisn pilot it looks as though it will be conveniently forgot about.

[the big short] 02/5/2014 15:14

I've been told us deal off and they are not going to announce it. Just like the Scandansvisn pilot it looks as though it will be conveniently forgot about.

[apad] 02/5/2014 13:19

Ta muchly, S.
As an aside, the current pullback is unsurprising.
The PER is not that high, if judged by tech mid-cap standards.
It's all about the vulnerability of babies, in my view, so let's hope the management are nurse/midwife types rather than adventurous alpha male....
Oh Dear!
apad

[stewy_18] 02/5/2014 13:09

APAD,

I mailed the company regarding this point. Here is their response:-

"The Group is running a number of pilots and the point at which any one of these pilots is material, the Group will announce its developments."

That was in October. I took that to mean that the Scandanavian pilot wasn't successful. It was a long time ago and if there was anything material they would have announced it.

I cannot believe that one of these will not be successful. I am waiting and I believe it will be like buses. As soon as one comes.......

Best

Stuart

[apad] 02/5/2014 10:23

stewy
Have you seen any news at all on the Scandinavian pilot? I remember buying some more on the announcement, but have subsequently forgotten all about it! Sharing a bottle with PJ or enjoying the profit, perhaps.
I would welcome some european expansion, but the US pilot is scary for a £70m tiddler - "game changer" indeed.
Maybe success in the US is the sell signal to reduce that I am searching for :-)
12 job vacancies.
apad

[buffetteer] 02/5/2014 09:29

Be careful spreading rumours when you don't know the facts !
All we know is that there is small paid -for trial in the US -no more .
If you think the price is so high because of a potential deal in the US then good for you .
I think it is so high because the earnings are growing strongly .Why are the earnings growing strongly -because the business has unique products with high margins ,high returns and growth potential in all its businesses .That organic growth combined with acquisition -led growth boosts earnings considerably .
Im rather boring and just buy & hold .it seems to work -up 300% so far and will do so until the fundamentals change. Good luck sellers -i will quielty mop up your stock.

[stewy_18] 02/5/2014 06:34

Yes, it seems news from the US pilot was priced in as being successful. They didn't announce that the Scandanavian pilot wasn't successful so there might be some truth that the US pilot hasn't worked out. There may not be truth in that rumour because that is all it is at the moment.

Really depends on why you are invested. I am not that interested in the consultancy aspect of the business, but I feel mpec will deliver on a global scale. LTBH for me.

[pj 1] 01/5/2014 19:27

Apad, apols, its passed 5pm so the Bottle is out...!!!