Transense Technologies Share Discussion Threads

[albert_einstein] 20/7/2016 09:57

Hi joe,

As I said the other day TRT has a lot of recovering to do in terms of investor sentiment and it won't happen overnight. The GE news was a step in the right direction but until they take up their option and sales start to filter through then investors will remain cautious.

I think cautiously optimistic would sum up the current position but we need some more meat on the bones of the GE and Siemens deals and some other follow-up orders.

Remember, because of the large number of shares in issue now as a result of the huge dilution every penny rise adds £5m to the market cap of the Company so it is unreasonable to expect the share price to treble overnight without something really substantial to justify that.

Plus, the spread on the shares is wide and the relative lack of newsflow does not encourage short term traders. Anyone who buys now knows that they may have to sit on the shares for a while before any further news. That's not to say there isn't any news in the offing but the Company's historical newsflow is not indicative of a sudden flurry of anouncements.

[joeblogg2] 20/7/2016 08:28

Yes good post diesel, The company is being overlooked, not many companies can do deals with the likes of GE.

[dieseltaylor] 20/7/2016 08:08

A little time to ponder. Joe I think you anticipated too much. Current owners excepted nobody knows about us. The ripples from this need to be amplified by the brokers and the trade papers.

Anyway TRT has the cash so we can relax on that.

Translogik and the probes, and the giant truck tyre monitoring seem to be ticking over nicely and with potential. The tweet regarding the BHP Billiton saving per year plus the winning of the competitive trials in Australia must be the stuff that filters through the industry. As far as I can make out the TPMS penetration rate is not high so I think there is plenty up for grabs.

Emerson liked some of our stuff enough to buy it. GE like the potential of some of the stuff enough to hand over a pretty generous wodge and also agree to a favourable deal. These deals do indicate that as a technology company the patents and what they enable are being appreciated publically and for cash. This must be a real help for our sales guys and the brokers.

Who this?
"This has become evident through the successful product launch by a major European customer in April 2016"
I think in 2014 we were told of a major European conglomerate being interested and I am not clear if that is the one above or a separate company. The discussion then centred around the likes of ABB, Alfa-Laval?, and Siemens however for the life of me I cannot recall all the wording that led us that way.

I am feeling quite hopeful and I think possibly some new investors might be rustled up.

[joeblogg2] 19/7/2016 08:27

As usual no follow through on yesterdays good news :((

[piggyinthemiddle] 19/7/2016 07:34

Let`s hope GE sign off the last $250,000 asap as that will guarantee adoption of the tech and ongoing royalties.

[amt] 19/7/2016 06:10

If they sign one deal like this per year they should be able to reduce cash burn to under a million per year giving them 3 or 4 years to move the business forward.

[spherical globe] 19/7/2016 04:18

How many long-termers ("lifers") still living remember those sweet days of Honeywell?

Is the GE news another artificial sweetener, or could this now be our Coca Cola moment where "trt" really does stand for "The Real Thing"?

Any ideas, Vizz?

[major courtenay] 18/7/2016 23:29

We can but dream :)

[sojourno] 18/7/2016 23:18

Transense Technologies plc (LON:TRT) is the biggest climber in the FTSE 100 on Monday, as share price climbs over 50% intraday.

...FTSE 100! Ha Ha!

[sojourno] 18/7/2016 16:29

Nah. PI's need 30p minimum IMO.
That and nobody would table an offer unless a future was proven for the tech as a displacement technology; and if that was proven we should expect the IP to be valued at a couple of £cM+.
ARM's new owners bought on the back of the processing side of the IoT, we're about the sensing side of the IoT; and we probably would benefit from being bought-up by a major with a significantly greater R&D budget which would add further considerable value.

[value hound] 18/7/2016 16:05

Personally, I'd be prepared to accept a knock-out blow from VW now at as low-ball a bid as 10p! :-)

[albert_einstein] 18/7/2016 14:24

With that kind of saving it would seem like a no-brainer.

[dieseltaylor] 18/7/2016 14:02

Who is going to argue against that kind of saving?!
iTrack helps BHP Pampa Norte to reduce tyre spend by $1Million USD in 12 Months

Pampa Norte mine.
Location: The mine is located in the Atacama desert, 162 km north-east of Antofagasta, in Chile.
Controlling Company: BHP Billiton.
Brief History: The mine development was approved in 2004 at a cost of $1.1-billion. First copper was produced in 2006.
Brief Description: The Pampa Norte mine consists of two operations – Spence and Cerro Colorado.
Products: Copper cathode.

Originally mine to run to 2025 and with additions could be 90 years longer!

[sojourno] 18/7/2016 13:35

Sojourno - 05 Mar 2016 - 18:40:50 - 8207 of 8470
I had to look it up and re-do the calcs, but it didn't take long:-
First, for reference:-
Shares in issue pre-bishop: 56,868,166
Shares in issue today: 472,314,428
Dilution factor of 8.30543
Which means we're at the old price of 16.62p

Here's the post I wrote 22nd May 2013 on the topic, for comparison

"If net earnings were at breakeven at £6m then EPS would be 3p and at an share price of 40p the PE ratio would be about 13. A PE looking towards a bright future for a growth Co could be 40, which would give a share price of 120p (PE of 26 about 80p)."

Firstly we have cash (last published) of 4.6m = 0.97p, call it 1p. (per share)

If net earnings were £4.723m (putting us above breakeven) that would be EPS of 1p and a current PE ratio of 2. We should be ten times that, if short term growth is believed to be exponential (and it is) then a PE of 30 or 40 is more appropriate. So 30p is not unreasonable once a profit of a few million is realised. 30p would be a pre-bish price of about £2:40, which is what e-tyre2 was expected to take us to in it's first year.
I think many of us here would have the burden lifted, so to speak, at iro 20p, which is where we probably should be once short term viability without further considerable dilution is confirmed.

[albert_einstein] 18/7/2016 13:32

These aren't the old days though, joe.

This is a promising development but no more than that at this stage. The Company's reputation has been hugely damaged in recent years and it will take more than what amounts to an option agreement from GE to restore confidence.

Remember, before today TRT had announced practically zero in six months. They need a strong and consistent flow of good news to begin to slowly restore credibility and faith.

Plus there are now a shedload of shares in issue and every penny rise adds around £5m to the market cap.

[goodbloke1] 18/7/2016 13:29

Sojourno :Thanks for your reply mate

[drw1] 18/7/2016 13:27

Translogik ‏@Translogik 4h4 hours ago
iTrack helps BHP Pampa Norte to reduce tyre spend by $1Million USD in 12 Months.

[joeblogg2] 18/7/2016 12:51

Madness share price reaction, in the old days theese would have gone up 2/3/4 p. Have bought another 50k shares but had to sell another in the isa. Hoping this is the start of greater things to come here now!!!

[sojourno] 18/7/2016 12:16

Well done guys!
Looking forward to more of the same!
Also looking forward to reading your capital restructuring plans later in the year.

[sojourno] 18/7/2016 12:10

goodbloke1... The ISDX listing is in the bottom left hand corner of the header (if you have it enabled).
(if not)

[dieseltaylor] 18/7/2016 10:31

Einstein is right.

However I cannot but feel that the buying of the IntelliSaw arm and the interest of GE in a very tangible form does, as the Board indicate, shows that the technology is beginning to be seen as worth incorporating.

The Translogik side seems to be ticking over and there must always be the possibility of more wins given we came out tops in that Australian trial. Cost pressure does not disappear even if you mothball parts of a mine.

Previously alluded to is a European conglomerate. If they are like GE and make turbines then then that is a comparatively small field. Essentially anything that has rotation and torque is a potential market. The point being at a certain cost point the fitting of our kit becomes a no-brainer. I am thinking industrial machinery other than wind turbines because all they did in the sky equally well translates to machinery on the ground.

I dislike using the expression "tipping point" but I wonder if there may be an element of our technology actually or even potentially makes such a difference that not having access to the technology would be embarrassing.

Probably from my discussions with my f-i-l who kept all the monitoring instruments going at Kingsnorth Power Station I see this side as being crucial in some ways more important than straight capital costs. Bearing in mind the cost of a car and the cost of a major piece of industrial equipment which has major effects if it goes down I can see condition monitoring as being a major use.

We have to bear in mind that the company only had a licence to look at transport applications so this area has not been on the target list until the restriction expired.

Anyway we shall see how things pan out. I have bought a smidgen more. I will do some more research