T42 Iot Tracking Solutions Share Discussion Threads

[dave4545] 20/12/2021 15:16

15.5-16.45p

I'd not sell at 15p but some traders see other stocks moving and sell to switch to another flyer.

Just remember what will happen if they announce another contract

[newbietrader2000] 20/12/2021 14:24

Pumpers have run a mile

[smithie6] 20/12/2021 10:41

"enhances tax revenues"

my guess is that the port in Lat. Amer. is one close to various countries

by tracking/controlling a container from the port to the other country then the destination country has a good chance of controlling/registering the container & charging the correct taxes

Let us assume that the import tax from China is 10% while the import tax from the port country is 0% (due to free trade agreement between some countries in Lat. Amer.)
so, a container importer might try to cheat & present papers to say that the container is an import from inside Lat. Amer. & should pay 0% tax

the use of a Trac unit from the port should avoid that

----

if the port country does not charge import tax because the container will not stay in that country

then the importer could just generate new papers, perhaps, to move the container from country 1 to country 2 inside Lat. Amer., with perhaps 0% tax to pay, free trade agreement perhaps
& throw the international importation papers in the bin.

which the tax office destination of the destination country would want to avoid

----

if a shipment of 10 identical containers arrived at the port, of widgets/stuff/clothes from Asia
with
2 to go to country 1
2 to country 2
2 to country 3
1 to country 4
1 to country 5
1 to country 6
1 to country 7

one can imagine that it might be tricky to register/control those containers for the different tax % for each different country
which the TRAC products should/could solve imo

'if' being used in that way
-----

noting that I am just guessing

[smithie6] 20/12/2021 10:19

indeed !

actual traded spread
2p in ~18p !!

(although on the plus side it hopefully shows that there isn't any big sell order, since that would/should produce a small spread; & a stable price)

[dave4545] 20/12/2021 10:04

16.65-18.97p spread

can understand people for avoiding this now when they operate spreads like that

[nick2412] 20/12/2021 09:44

We will see over the course of 2022 as results come in and whether the flagged up additional contracts materialise. I think the contracts will come as there looks to be a significant market with a compelling sales pitch. It looks like t42/TRAC and the consortium have found a market with ports that, as the rns stated, enhances tax revenues and enables easier monitoring of goods coming in. If so, then that bodes well.

[glavey] 20/12/2021 09:14

Takes some believin'

[nick2412] 20/12/2021 08:52

Added a few more at 16.8p. Profit takers as envisaged but at some stage, the market will cotton on that TRAK is significantly under-valued. If the upper-end figures are achieved then TRAK will be valued at less than 1 x SaaS revenues based on the current market cap. The prospect of more contracts of similar value to come makes that even more of an anomaly.

[nick2412] 20/12/2021 08:15

Yes, it will be interesting to see where it settles. With most stocks, there will be a sell on news element but the market always looks forward and T42/TRAC have flagged up 'more to come.' So there will be new buyers as well as inevitable profit takers.

Having said they anticipated completing one contract this year (with the obligatory nomad instructed caveats), they have delivered. That's important as credibility and confidence is established for the anticipated additional contracts.

[albert arthur] 20/12/2021 01:25

That's a short term target... I said 5 to 8* from 12p in the initial revenue forecast...

[albert arthur] 20/12/2021 01:24

I think it'll go up, Zak covered it, target 33p

[davethechef] 19/12/2021 22:34

Volatile for sure!?!

[smithie6] 19/12/2021 22:26

fingers crossed....see what happens

(& 'if' any deal was deal & the name of a big company was mentioned it would surely help the share price, the global company DHL picked tiny TRAC for a trial, fingers crossed it will produce a sales contract)

[nick2412] 19/12/2021 19:41

If TRAC wins another contract that is of the same magnitude and continues to indicate more are under negotiation, then I predict this will justify a minimum £50m m/cap or around 100p a share. We know the profit margins are good and, crucially, it's recurring SaaS revenue as well. We also know they have flagged up further potential contracts in both Latin America and the U.S.

Nothing is certain and there can be unforeseen hiccups but, if one or two more contracts of the same level come in, then I do believe TRAC will hit 100p a share next year based on exponential growth and extrapolated fundamentals. They may even become a takeover target, but my hope is they can progress and grow over time as this really could become one of the more memorable and highly rewarding AIM success stories.

Exciting times for shareholders.

[smithie6] 18/12/2021 12:09

...as others posted, well done to the bod & managers

who have shown a lot of determination to keep going over a number of years, while trying to minimise losses while trying to get sales success

& surviving the drop in sales due to Covid has not been easy

(while yes, the exec. dirs get an ok pay every year for their work, not working for free; & have benefitted by various options deals)

[davethechef] 18/12/2021 10:46

I expect the share price will be played around by the MM, especially early on, on Monday considering how 'tight' the stock becomes, when there is demand.
Patience has certainly paid of here. Been holding since .80p( old money lol!) A good time ago. The management has shown huge faith, commitment & support through 'bleak' times, stumping up when required.
Yesterday news, has been a long time coming & result of lots of hard work & negotiation, one suspects.
Finally, this stock looks like it'll be one of those 'hot stocks' into next year.
The'll be ups and down re the share price I have no down, however accumulate on the dips. I shall!
GLA

[albert arthur] 18/12/2021 01:21

500 to 800% maybe more...

[petemc7763] 17/12/2021 23:24

If this new contract is a s promising as it looks and more of the “in the pipeline “ contracts come to fruition what would you think the share price could reasonably achieve

[peaky01] 17/12/2021 23:11

Morses, LOL

[flashheart] 17/12/2021 20:53

Thank you so much for your concern but as you're quite obviously a non holder who's missed the boat, I'll pass on your 'advice' thanks.

[smraynot] 17/12/2021 19:38

BEWARE illiquid stock, great when news, try and sell normally a nightmare. Watch Monday, a spike on opening as usual after news, and then down she goes. Aim never disappoints.