T42 Iot Tracking Solutions Share Discussion Threads

[velvetide] 17/12/2021 19:18

Bought some into my ii isa several months ago so ok there, bought some bidstack back then too, which also did a 100% trick in a day recently, cheery times

[nick2412] 17/12/2021 19:06

The valuation as this Latin American contract progresses and other contracts are signed could be more than interesting in terms of share price upside.

SaaS companies have quite a defined means of valuation. This link looks at valuations from a buyers perspective. If a company has hit £10m annual recurring revenues (ARR) then the valuation multiples tend to be 10/15.



Apologies if it sounds a bit 'rampy', but I think it's a reasonable and logical conclusion that the numbers t42 are looking at, just from this single contract, is going to mean a valuation that is multiples of the current m/cap. The proviso is that the partners deliver as anticipated.

The market will want to see these revenues formally recognised in results before assigning the multiple valuation norm but I still anticipate some of that will be factored in. with the expectancy element. Also, the link is a guide to what buyers of SaaS companies should expect to pay.

All being well, another year hold or so could see a multiple of the current valuation. Ultimately I can see the Company being sold for £100m plus based on the valuation model. Much more if a couple more contracts of the size that was announced today come in.

[smithie6] 17/12/2021 18:40

company is very hopeful of landing other customers. :-)

"With discussions now well advanced on a promising pipeline of substantial projects within the sector, we look forward to providing further updates in due course."

[albert arthur] 17/12/2021 18:25

Trick is, don't use AJ bell, it's for amateurs. .

[smithie6] 17/12/2021 17:54

AJ Bell prohibits normal clients from buying shares in TRAC !!

They seem to have classified it not as a share but as a derivative & to buy TRAC shares you need to be registered as experienced in things like derivatives. Nuts !
(TRAC is of course a listed share listed on a noted UK stock market & is not a derivative or option or CFD or...)

Are any other brokers doing the same ?

If the FCA gives such a brokers a warning & the prohibition is then removed, could that provide some potential new share buyers ?

-----

Brokers like AJ Bell Ltd that offer execution share trading by Joe Public need to do just that, it is not up to AJ Bell to decide what UK listed shares people should, & should not, be allowed to buy.
AJ Bell Ltd risk getting a bad name & being shunned by share investors.

[albert arthur] 17/12/2021 16:42

Revenue potentially 80* the cap 2024.... Definitely a gem. I'll be holding...

[deanmatlazin] 17/12/2021 16:37

The Directors of t42 were seeking to conclude at least one contract before the end of this year and in addition to this Agreement, discussions also continue with other potential customers for similar contracts, particularly in South America and the USA.

[flashheart] 17/12/2021 16:29

It was a hidden gem under everyones noses.......and still is.

[albert arthur] 17/12/2021 16:27

Very rare, you get this forecast revenue, on a cap this small, with an awesome product..

[albert arthur] 17/12/2021 16:26

I think this will potentialy repeat today on Monday....

[dave4545] 17/12/2021 16:24

19.65p bid on a 18-20 spread

[dave4545] 17/12/2021 16:21

NT on the dip at 20p

mm's have no stock, they flush out some profit taking but once a couple of buys come in it's straight to NT

[deanmatlazin] 17/12/2021 16:09

join you guys.

i like the business idea . Tracking shipping container. Huge business. The director aim to capture global market. No competitor.


Hope for a ten bagger in next 12 months

Market cap only £9.

Another contract will be announced in the next fortnight

[albert arthur] 17/12/2021 16:08

Here she goes...

[dave4545] 17/12/2021 16:08

NT at 19p now

[albert arthur] 17/12/2021 16:03

Only STFL on 18p moving to 20p ask soon

[dave4545] 17/12/2021 15:50

NT at 18p now

[albert arthur] 17/12/2021 15:50

About to leg up further

[dave4545] 17/12/2021 15:45

10000 16.98p max


they might shake it to flush more traders out

[albert arthur] 17/12/2021 15:37

Yeah NT on absolutely nothing...

[albert arthur] 17/12/2021 15:36

I think this will be a slow burning and just keep going up daily added more in the 16p range.

[flashheart] 17/12/2021 15:35

An intraday RNS maverick. Most won't see this until after the close and will be buying on Monday not selling. If you're not in yet I would personally buy half now and keep half your powder dry for later if you're nervous, otherwise you risk missing out completely. It's already been stated there are further contracts under negotiation as we speak. They could land at any time and be of a similar magnitude.

[dave4545] 17/12/2021 15:34

Nothing offered at 16p right now so unless they shake out some more from earlier
it's going higher