Transense Technologies Share Discussion Threads

[dieseltaylor] 27/6/2017 15:36

Thanks nim

[nuts in may] 27/6/2017 14:46

You can sell on-line (max 5,000) at 71p
Max buy I could find was 500 at 77p

[drw1] 27/6/2017 14:01

Not surprising as it starts to become clear an earnings stream is emerging.

[assagai] 27/6/2017 13:27

Can't buy any stock, not even at full ask at market size...

[sojourno] 27/6/2017 13:10

Lower options were waived and new put in place at a higher exercise price, that after good news; so it's a little harsh to whinge about "new options".
These guys are on OUR side remember.

[kenone] 27/6/2017 08:25

Do they need MORE incentive to make the company work ? Options to be exercised at £1.50 & £2.00 in FIVE & TEN years time do not look very ambitious . Still I suppose at least it is looking like they are not ready to go bust just yet.

[piggyinthemiddle] 27/6/2017 08:20

Maybe, but will anyone care if the share price reaches £1.50 or £2 ?
Let`s get there first.

[amt] 27/6/2017 08:01

Share options. I hate the way share options are issued like this for failure. The share price fall is effectively used to give reward if it goes up to a fraction of where it was before failure. Its an utter nonsense and disgrace. No wonder there are so many poor stocks on AIM with that kind of incentive.

[amt] 26/6/2017 19:54

They have at least 3m in cash if I recall. So that would be enough to generate say 9m in sales. Thats my estimate for what its worth.

[dieseltaylor] 26/6/2017 15:01

Invoice discounting is always available for blue chip clients and Brownfield are probably in the loop for payments as agents also. However it may be that it is not required to any great degree.

[lebiche] 26/6/2017 14:51

Thanks Timbo. It's looking interesting again - finally. I'll wait to see if the rush of blood wears off in terms of the share price. And then I'll take a position.

As Peter Wilkinson once said, "you have to take intelligent punts to make your portfolio interesting."

[drw1] 26/6/2017 14:32

Fin cap say "considerable upside scope for Transense shares"

[monty68] 26/6/2017 12:14

Grit your teeth and wait for the rental to feed into the bottom line

[major courtenay] 26/6/2017 11:44

And don't forget there has already been an increase in cash burn to cover this eventuality so I would hope they're to some extent prepared for it.

[puffintickler] 26/6/2017 11:27

There will be, but as these sales gain traction rental income from earlier sales will cover capital outlay for new ones.

[lfc4ever] 26/6/2017 11:08

obvs good news- I wonder to what extent this causes a cashflow issue for trt? is there a gap between trt having to stump up for the kit and first year rental payment from customer?

[timbo003] 26/6/2017 10:42

>>>>lebiche

Does this meeting write up help?

[magpie59] 26/6/2017 09:29

Someone will give a much more informed answer than this, but the tyres cost 10's of '000's of dollars each and downtime considerably more making $6K a drop in the ocean.

[lebiche] 26/6/2017 09:08

That's an interesting figure - $6K a truck. How is that arrived at? I mean, what is the justification for spending that amount on tyre monitoring?

[amt] 26/6/2017 08:34

To answer my own question about 50.000 trucks so if TRT take 10% of market thats 5000 *6000 equals 30million income per annum. Not to be sniffed at.

[timbo003] 26/6/2017 08:33

I seem to recall they need 900 in total to reach break even, we're gettin' there!

[amt] 26/6/2017 08:15

Logically if they can role it at two Glencore mines then logically it should make economic sense to do it for all Glencore mined. Glencore is by far and away the largest mining company in the world. I cannot remember the size of the market. Transense published that figure a while back but I cannot remember it or find the review. I think they have an indication of income per truck also was it about 6k per annum dollars . Would be very grateful if anyone has those figures to hand so I can recapture the excitement of a few years back.

[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.