Transense Technologies Share Discussion Threads

[spursspurs] 21/9/2016 16:26

strange, can sell as many as i like on a dummy trade but cant even buy 10000!

[dieseltaylor] 21/9/2016 14:55

In a timely article this addresses piezo-quartz effects and benefits. Think the same thing but without having to directly wire the sensor for our SAW quartz sensors. Not that I can claim we do all the same things but the longevity and cheapness in mass use are all there.

[dieseltaylor] 21/9/2016 14:34

I have picked through the bones of the good bits looking for clues and also what might be proved such as who introduced new machines incorporating our tech during first-half of 2016.

One thing of significance I should have known years ago was that wind-turbines are insurable and rather like ships have to meet criteria to be insured. It would seem that adequately monitoring them is a pre-requisite. No doubt already being done to a degree but a better or additional mouse trap is probably useful.

Anyway here are the juicy bits:

"As Original Equipment Manufacturers (OEM s) seek ever more data on a real-time basis to optimise the performance of their products, accurate and frequent measurement becomes increasingly important. The world’s largest and most successful companies in these fields are recognising SAW as one of the enabling technologies in developing the “Internet of Things” in this arena, contributing to a vision by which machines are networked with embedded sensors to optimise performance using real time analytical tools, algorithms and interactive controls.

Technical and commercial engagement with select global partners for other high volume applications are ongoing,with more than 20 live projects across multiple divisions of six major companies. These projects are generating sufficient short term revenue to cover internal R&D costs.

In the second half of the year, pilot production commenced of sensor kits to measur
e temperature, vibration and torque on a new range of industrial equipment recently launched by a large European OEM. Ramp up is expected to be gradual over a two to three year period as the new technology is taken up by end users. Several other applications are under evaluation with the same customer.

We continue to explore mass market automotive applications with a select group of global passenger car manufacturers, and believe that SAW sensors have unique capabilities to provide performance improvements in several areas. The disruptive nature of the technology does, however, give rise to understandable caution in the rate of adoption.

The relationship with General Electric Company (“GE”), as signalled previously by the completion of a Memorandum of Understanding announced in May 2015, has continued to flourish.

We are actively collaborating on several development projects that are progressing towards commercialisation projects, covering multiple divisions of GE. One of these projects resulted in the completion of a licensing agreement, announced in July 2016, for non-exclusive use of Transense IP in certain specific torque applications for an initial fee rising to US$0.75m and a perpetual royalty on future production."

[dieseltaylor] 21/9/2016 14:22

Man speaks sense. Far too much short-termism in the City.

[dieseltaylor] 21/9/2016 12:45

That I can agree with. Perhaps we need a chat with Mr. Woodford as to what he thinks we are worth : )

[sojourno] 21/9/2016 12:40

You mean, sit back and wait for royalties? I'm sure you don't!!
I don't mean indulging in empire building but simply cresting the framework to improve our engineering capability, cater for a US demand for our stock (which will come if much of our income is from N/S America) but most importantly create a funding mechanism that is anti-dilutive to AIM shares. That and AIM is stale for us.

[dieseltaylor] 21/9/2016 12:25

I thought the idea of the company originally was to sell patented technology and generate an income stream not to indulge in empire building. I would buy a different company for that.

[sojourno] 21/9/2016 12:19

I prefer acquisitions to disposals; and the means to fund them.

[dieseltaylor] 21/9/2016 11:48

News flow should be good as we have the iTrackII being launched and I do not doubt that all its benefits derived during the introduction of the first iTrack are making the product more desirable. It also comes with a history of happy customers so it would seem strange if it is not adopted more quickly.

The Saw sensor side outlines 20 areas where it is being deployed with six major companies. I have posted the Siemens patent and that indicates how the devices could be incorporated, GEC have parted with some money for a specific use.

The use of the term partial disposal is interesting and I find that encouraging as it indicates some flexible thinking as to how we monetise the tech/patents. After all most of us would be grateful for getting income up-front whilst we remain alive rather than awaiting the share price to catch up with improving income or prospects.

I have in the past mentioned halving the business into two profitable companies and having shares in each as a way for shareholders to extract value whilst keeping an interest. Anyway perhaps I read too much into the wording. : )

[sojourno] 21/9/2016 11:11

Good point digger. SPs on AIM always drift south in slack news periods. Newsflow will have to be sustained.

[digger2779] 21/9/2016 10:39

I always view share consolidation as bad news. Probably because I have never had a share increase in value once consolidation is implemented. It gives the mm's more slack to play with and increase the gap between bid and offer. Will see how it goes for a few weeks but my gut feel is to get rid unless they can come up with decent news on deals.
I don't hold many so the price won't tank if I sell but expect a huge increase minutes after I hit the sell button:) good luck all.

[magpie59] 21/9/2016 10:19

The consolidation makes sense though I'll have to get my head around suddenly having only 140,000 shares albeit (hopefully!) at 100p + each.
Imagine someone looking up the price who hasn't for a few months and has a brief period of excitement thinking they've leapt from 1p to £1!

[gary38] 21/9/2016 10:18

It will be nice to get a divi.

[sojourno] 21/9/2016 10:08

Sure, and filling.

[gary38] 21/9/2016 10:03

The cup is halve full not halve empty.

[sojourno] 21/9/2016 09:44

Well, the analyst presentation should be underway now (Not to an empty room or themselves I hope!). Seems like it's all for the capital restructuring as I surmised.
Consolidation is a good thing of course.
Paving the way to dividends is another +ve.
Further particulars allow for another fundraising, 33% at prior stated value.

AIM is USD. We should list in the USA. That's where the majority of our business will be, that's were global growth is best, it's where employee incentives are strongest. It's more tradeable globally. The USA better understands potential. It's anti-dilutive to AIM shares. The market is much bigger, ADR's still have the same UK tax breaks. Get the timing right and that's how we ameliorate the effects of the dilution we've suffered; and I think the time is approaching.

See you this evening Peter. I would offer you a lift but I have a full car on the way back.

[peterblok] 21/9/2016 09:17

We're only "in profit" because we disposed of Intellisaw Gary. I'm going to the meeting this evening, but don't expect to learn much. Share price dropping a little, so all in all rather disappointing after all the build up.

[gary38] 21/9/2016 09:06

Great news that we are in profit.It can only get better.

[plutonian] 21/9/2016 08:47

I note that they are not taking the opportunity to reduce the nominal value of ordinary shares at the same time. So, they do not anticipate a scenario where they need to issue shares below 1p (50p new shares). Encouraging or foolish?

[major courtenay] 21/9/2016 08:46

I don't like the reference to partial disposals in future. If we sell much more there won't be much left of the company.

[amt] 21/9/2016 08:42

Comments on radio yesterday that difficult to get longterm finance for uk tech. Could have fooled me. Its nearly 20 years since shareholders started pumping money into TRT and we still wait patiently for a return. Perhaps huge rewards are just around the corner.

[amt] 21/9/2016 08:42

Comments on radio yesterday that difficult to get longterm finance for uk tech. Could have fooled me. Its nearly 20 years since shareholders started pumping money into TRT and we still wait patiently for a return. Perhaps huge rewards are just around the corner.

[csmwssk12hu] 21/9/2016 08:40

I've had these before and think it's a decent company but You would be mad to buy or sell these now with a 50:1 consolidation on the cards as with a 2p to 2.5p spread that is effectively £1 to £1.25, you need consolidation out of the way fast as spread should tighten to say £1.11 to £1.14, more money if you sell less if you buy mm gets squeezed but volume should increase imho dyor