T42 Iot Tracking Solutions Share Discussion Threads

[hamidahamida] 24/1/2022 14:05

Deeply discounted Placing is the real danger

[sunshine today] 24/1/2022 14:04

Best news ever.

All the doubters are stuffed

[hamidahamida] 24/1/2022 14:04

Just 32 units Laughable

[mdchand] 24/1/2022 14:02

Its not 'if' anymore with DHL. I did wonder why the share price was so strong today before this announcement.....

24/01/2022 1:57pm
UK Regulatory (RNS & others)

t42 Secures Commercial Order with DHL for its IoT Shipping Container Tracking Solutions

t42 IoT Tracking Solutions plc (AIM: TRAC) ("t42" or the "Company"), the real-time tracking, security and monitoring solutions provider for the global container and freight market, is pleased to announce a commercial order for its tracking solutions and services from DHL, the global leader in logistics.

Following a successful pilot programme that ran over multiple global destinations, DHL has confirmed an initial commercial order for t42 Tracking Lock units (previously known as Lokies) for use in Singapore. The Company expects the initial order for 32 units to be followed by further orders by DHL.

The pilot programme was a competitive process, with the competing solutions of several other companies tested simultaneously. DHL chose t42 as its preferred provider, stating that its technology had a significant advantage over t42's competitors in terms of its capabilities, big data analysis and reports received from the system and service levels. Furthermore, t42 has received a formal certificate of excellence from DHL in recognition of the quality of its solution.

Avi Hartmann, CEO of t42, commented:

"This is our first commercial order with global logistics leader DHL. Following a competitive and successful pilot programme, this order represents a vote of confidence and validation of our tracking solution and our strategy shift to the global shipping container market.

"The order reflects the progress being made with key customers globally, in line with our growth strategy for 2022, and we look forward to updating the market about further orders in due course."

[smithie6] 24/1/2022 13:58

I disagree with the following.
'if' the co. lands a contract for say £1/2 million with DHL

Then it won't make any difference to TRAC which will still be loss making.

Any customer including DHL, will apply pressure on the price, & then more pressure, that is what buyers do.

"A commercial contract with DHL would be transformational to the Company and, of course, the share price. If the Singapore trial is successful and commercial terms are announced then inevitably the shares race ahead. No guarantees it will happen of course but here's a reminder of why it's a strong prospect as DHL love the product:-

[nick2412] 24/1/2022 09:39

A commercial contract with DHL would be transformational to the Company and, of course, the share price. If the Singapore trial is successful and commercial terms are announced then inevitably the shares race ahead. No guarantees it will happen of course but here's a reminder of why it's a strong prospect as DHL love the product:-

[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...