Transense Technologies Share Discussion Threads

[albert_einstein] 26/6/2017 07:57

Credit where credit is due, very positive news. I hope the last two are the beginning of a large number of such announcements.

[2vdm] 26/6/2017 07:55

I'm in the same position as you. Good to note that they just ordered it without a trial.

[amt] 26/6/2017 07:54

We have been here before a few years back so I am praying this is going to lead to the start of sustained growth this time. Anyway I have gone from despair to restrained excitement. I need the share price to treble to break even.

[gnnmartin] 26/6/2017 07:40

Kenone, yes, I'm up at 7 to scratch my electronic scratch card. Today is a good day. :-)

[drw1] 26/6/2017 07:10

Interestingly without the need for a trial-bodes well for adoptions at other Glencore mines and perhaps others as well.

[tachman] 26/6/2017 07:08

Great news again TRT, 44 more iTrack II kits ordered for Glencore Rolleston mine....

[piggyinthemiddle] 26/6/2017 07:07

Well that explains the jump last week! :)

[kenone] 23/6/2017 08:12

Anyone else have e-mail alerts set up for RNS ? I find it quite exciting ( ok perhaps a bit sad, I know, but when you are retired ... ) to look at your phone just after 7am to see if TRT have made any new announcements . A bit like checking the numbers on a lottery ticket to see if you have won . Come to think of it, perhaps I should have invested in lottery tickets instead of TRT .

[piggyinthemiddle] 22/6/2017 18:30

Nice surprise to see a 5p jump but then found the bid remained at 63p and the spread had widened to 10p!
What`s that all about?

[sojourno] 12/6/2017 10:15

Still on the cards AFAIK.

[amt] 12/6/2017 07:36

Very interesting but not sure if TRT still has much going on in that market. They seem to have gone quiet on it or did I miss something.

[sojourno] 11/6/2017 17:39

A little Google search based on a conversation I had last night over a pint of cider with an English wind power engineer from Germany

+ These things are getting truly huge.

[plutonian] 10/6/2017 13:30

Glencore Bids for Rio Tinto Assets

[piggyinthemiddle] 08/6/2017 08:47

Think you are being unduly pessimistic.
This one deal won`t save the company but if it is the forerunner of several similar contracts as seems likely now,we can look forward to a brighter future.
The key is following up this order,if we now have months without more news,the share price will slip again.

[mattjos] 07/6/2017 22:51

It will be best part of 9-12 months before manufacturing costs & Distributor costs are recovered from the deal. That is how such a deal is structured.

Since the system will have no proven Residual value at the end of its life (lack of prior sales, the fact that its relatively unproven new tech & no real data on longevity / necessity for costly hardware upgrades over term) the company will find it near impossible to find a willing third party to get involved in some sort of asset finance on the deal so, self-funding will be required.

I am not saying the deal is bad news ... I am simply trying to add some real-world objectivity to the barest bones issued by the company in its RNS.

A rental business model can prove highly lucrative in the long-term but, for at least the first 12 months in my experience, it will deplete their precious cash reserves & any further deals (structured similarly) will exasperate the near-term cash depletion.

A long, long, long way before this company is ever profitable from product sales to end users .. if ever.
Much, much more product innovation required for now

[piggyinthemiddle] 06/6/2017 20:58

If I remember correctly,the aim of the company is to fit several hundred "units" of the Translogik kit under a recurring lease maintenance agreement which will give a steady predictable stream of income taking us into profit whilst waiting for the big guns like GE and Siemens to come on stream.
This is a good start.

[monty68] 06/6/2017 11:42

Mattjos
We rent equipment that we make and I find that, although there is a short term cash requirement this is soon overtaken by the income if you structure the deal right, then it is nearly all on to the bottom line.
I think they have this, at least, right.

[major courtenay] 06/6/2017 09:48

That's my 1k just gone through. I'm in a similar position to gnmartin but on a smaller scale. I think we're undergoing substantial de-risking with the Glencore announcement, but you just never can tell with TRT. Still, interesting times.

[sojourno] 06/6/2017 09:13

Mattjos... Basic stuff. Of course it costs in the short term, we're not stupid.
I assume you run a profitable business on that some model.
Yes, I have no idea what shares you own, that's why I'm asking. You don't have to answer, but the point being that you said you sold out so you're either whinging or talking it down to help you get back in. Or you've already bought back in and trying to hold the price back with BS. Or whatever, it doesn't really bother me but you keep laying in to people here, have shown yourself up in the past as using the BB to talk the Co up/down for your own purposes and you should quit all of that. Dissing this deal as "cash out the door" then extolling the virtues of your same approach is somewhat perfidious.
You won't get far telling me what to do or not do btw.

[kenone] 06/6/2017 07:20

The director share purchase announced this morning is also good news. Would be nice to see some of the others confident enough in their companies future prospects to buy/top up at these levels.

[timbo003] 05/6/2017 23:00

>>>>Nigel

The trade may have gone through on NEX (ISDX) rather than LSE (There are quite a few AIM listed shares that trade on both exchanges)

The ADVFN ticker code for Transense technology on ISDX is TRT.GB, and today's trades are reported here:

[mattjos] 05/6/2017 22:13

The facts of the RNS are clear:They have come to a deal via a distributor .. therefore there is A N Other company in the chain who will take a cut. Distributors do not work for gratis.It is a rental deal and not an outright sale. Therefore the company will have to manufacture the system first and let it go out the door for zero in the first month. Near-term months will incrementally recover production costs only.Undeniably, There will be a negative short-term impact on cash.Don't try and argue the facts with your blind enthusiasm for the company. I run an OEM company and use this approach to sales. It costs cash in the short-term .. Fact!

[mattjos] 05/6/2017 22:07

Sojourno .. you have absolutely no idea as to what I do or, do not hold in terms of shares in this company so, stop blathering

[sojourno] 05/6/2017 21:03

You're not answering the question, You're just trolling and trying to create a false impression of the company because you're bitter and can't take responsibility for your losses and stepping out of your comfort zone.

[mattjos] 05/6/2017 20:48

Sojourno .. lol, are you still anchored to a dream here?