T42 Iot Tracking Solutions Share Discussion Threads

[maverickps123] 24/1/2022 09:10

I'm nervous if I'm honest heavily involved!

[smithie6] 21/1/2022 13:02

TRAC or PXEN ?

TRAC is loss making and has announced distribution agreements but without sales agreements. Whereas PXEN has announced a marked increase in turnover, & if the monthly turnover inferred to exist now from the recent RNSs is extrapolated for 2022 then PXEN will be profitable for the year & should report a profit for 2022 of >£1 million. (monthly cash generation from El Romeral of ~360,000€, 49.9% for PXEN, now that the operation has been updated to run 24 hours per day, from 16 hours, & in fact higher since now also running on Sundays). In pounds ~£3.6 million. 1/2 for PXEN = ~£1.8 million, excluding Sundays.
(In fact, can be increased to ~£2.8 million, by powering up the 2 unused generators (1 needed servicing, has it already been done during recent downtime, in Nov. '21 ?)

About £1 million HQ & Plc costs. So a PBT of about £0.8-1 million (& that excludes Sunday operational income & step increase in value of assets, eg. El Romeral). These are rough numbers & exclude tax.
(The initial cash payments to Provex will be tax free since they are repaying of loans).

There are opportunities/possibilities to increase the production of electricity during 2022.

Cap. value of PXEN is now £11 million. The value of the profit from El Romeral (£1.8 million) & the asset El Romeral (cost 10 million € to create the gas to electricity generation facility) is more than £11 million imo.

Whereas TRAC is loss making & has a cap. value of £14 million.

TRAC which could achieve notably higher sales in 2022 than in 2021 but still report a loss for the year due to its many costs for any higher sales & on-going costs for staff & R& D.

Conclusion
PXEN has the better risk/reward imo than TRAC.

:-)

[andymunchkin] 20/1/2022 20:43

im beTTinA Tenner

[andymunchkin] 20/1/2022 20:42

pump0ver geTRedy ferThe dump ursTruly allBuTTT arThur

[jim claire] 20/1/2022 14:19

Big Article written on the Economic Times today on how good T42 lot is.

[albert arthur] 20/1/2022 12:10

This is looking cheap again...

[smithie6] 19/1/2022 21:57

Complete insanity on the rampers thread for Trac

"That market cap is not reflecting the potential for profits, in the tens of millions".

Deluded idiots.

(Although one of them has achieved amazing trading results by buying/selling at perfect times)

[dancing piranha] 19/1/2022 17:35

Guys, I was just stating the current Mcap....
The reason we are here is because we see the massive potential and upside from here!!

[nick2412] 19/1/2022 16:12

ST, agreed. Obviously, the market will discount the share price (and is doing so massively) until there are some firm indicators that minimum volumes are being achieved. However, there is still a long way to go even for a heavily discounted share price of that prospect.

I saw one post that was complaining that TRAC is already trading 3 x revenues. Firstly that's a historic, pre t42 distribution contracts assessment of revenues. Secondly, these aren't one-off low-value sector revenues; these are recurring revenues in the highly valued software SaaS sector. In the U.S. the average multiple for SaaS tech companies is 15.5. Some have astronomical ratios of 70 plus if they are small-cap/high growth. That is the U.S. where valuations are significantly higher and I don't know the ratio for UK listed companies. However, even if the average U.K ratio is half that then t4t2 have a long way to go.

Obviously, if the company hits anything like approaching the minimum revenues for Open Box and Latin America then, with the decent margins that the product achieves, the company will be highly profitable. Then a market cap anywhere between £100m and £200m is possible. That's £1.80 to £3.60 share price range.

No guarantees and please do dyor etc. TRAC has had a decent run already which is something to factor in, but I'll be holding for the revenues to materialise and seeing if the Company is going to be the multi-bagger I think it will be. Obviously, a decent deal with DHL accelerates that process.

[sunshine today] 19/1/2022 07:11

Morning,

That market cap is not reflecting the potential for profits, in the tens of millions.

Software margins are typically over 80%, recurring revenues are extremely attractive to investors.

[dancing piranha] 18/1/2022 13:15

Market Cap £15.5m @ 29.5p.....

[sunshine today] 18/1/2022 12:55

That 25,000 lump buyer, can’t stop.!,

Lol

[albert arthur] 18/1/2022 12:55

Totally agree.. I'll not be selling any down here.

[sunshine today] 18/1/2022 12:50

Those in at today’s price could do exceptionally well if the company delivers.

Market cap V potential.

95% of those tempted to trade, ( sell ) have all lost out at today’s quote.

The company now has cash.

[albert arthur] 18/1/2022 12:45

16p initial investment is looking great... and all the topups too, could be the last chance under 30p today. SCAP and WINS on the 29.5 ask...

[sunshine today] 18/1/2022 12:37

Problem is, after news flow it’s to late to get shares at the right price.

They have said updates are due, (at some stage.)

No idea about leaks

[givmesunshine] 18/1/2022 12:17

Hi All - This hasn't been leaky before has it ? I added after the pull back - didn't expect this to touch against highs yet until more news flow. Interesting

[dancing piranha] 18/1/2022 12:16

Just tried for 10k, no joy! Tick up imminent....

[sunshine today] 18/1/2022 12:11

Lumps of 25,000 being purchased.

[sunshine today] 18/1/2022 12:02

If DHL news hits the screen, the fun really starts.

[sunshine today] 18/1/2022 12:01

Market makers slam down the price at every opportunity, only works, if the buying dries up.

It’s been 100% failure for them over the last few days