T42 Iot Tracking Solutions Share Discussion Threads

[dancing piranha] 26/7/2022 18:31

Amazing really, another share I hold, and am very bullish on, put out a very positive trading statement today (PIER).

Excellent figures, yet TRAC, with no news, ended 2% higher!

Both illiquid shares I might add..... I'm not complaining having two shares today in positive territory, in a sea of red!

[dancing piranha] 26/7/2022 14:31

Nice surprise here today!

[madmonkflin] 25/7/2022 12:30

MCL who are looking at a scheme of arrangement? you must be suicidal

[blackhorse23] 23/7/2022 23:33

Glad I sold here 2 weeks ago & bought MCL (LSE) better growth profile & value ... mcap only 6 millions but free cash in bank 150 millions with loan book floating 250 millions

[bobdown2] 18/7/2022 12:41

At the moment the product looks like it is receiving validation.
The money could be in the speed up and increase in orders. The share price moving down a tad after the good news could add value at these levels. Another contract in the short term could be a great buying signal.??

[blackhorse23] 18/7/2022 00:51

MCL ( LSE) ...broker share price target 90p from 8p , which is 2021 share price value around 90p ... profit: 7.5 million, liquidity floating in market over 250 millions ... excellent profile , oversold

[smithie6] 15/7/2022 13:33

A very good post from Nick2412 imo.

Post 615.

I knew that TRAC was/is still in a wobbly financial situation but it was useful to see Nick2412 remind us that apparently it is still in breach of loan covenants, I had forgotten that.

Clearly the market is very aware of the wobbly situation of the accounts & that revenue & profit generation are still a future hope & that the co. has to survive that long.

Personally, I expect a cash raise or some other deal to create cash, because the directors, managers, listing costs, accounts audit, annual report cost, HQ secretary, marketing/advertising .....just keep eating up the cash !!

& TRAC is not generating enough of it.
Same old, same old, for last X years.

------

& money is also needed to generate the next version of Lokies.
To get any sales, one has to always keep updating the products. :-(

[blackhorse23] 15/7/2022 12:52

LSE: MCL , brokers price target now 90p from 8p , another cash cow lol

[blackhorse23] 14/7/2022 22:02

AIM shares up 10% then Down 90%

[madmonkflin] 14/7/2022 13:39

fair dos - i think this has got excellent prospects and like someone else said with a £7m market cap it's got the potential for multi-bags

[madmonkflin] 14/7/2022 10:09

Well while he's waiting for the financing a load of orders will be coming in. I would rather invest now.