Transense Technologies Share Discussion Threads

[timbo003] 30/6/2017 18:33

>>>>Piggy

It appears to be in the presentation slides that accompanied the interims in March

[drw1] 30/6/2017 18:29

Simply go to the investors section of the TRT website,opt for accounts and notices and the download is available.

[piggyinthemiddle] 30/6/2017 17:46

drw1-sorry but can only find six pages on the website.
Maybe you can provide the link to the right section? I like the sound of it but begs the question why not put it in the shortened form?

edit-found it,very colourful!

[gnnmartin] 30/6/2017 15:52

On the GM drive train project, I was told that the enthusiast in GM who had been driving this moved (or was moved) on some time ago.

[drw1] 30/6/2017 09:44

Piggy-worth downloading the full interims from the TRt Website.
A little more detail on page 14.
Including:-
'Additional Epas project progressing rapidly with aggressive time table for start of production.'
'3 major US OEM's'

[glavey] 30/6/2017 06:47

Why don't they award themselves options where they are obliged to exercise against a falling strike price?

220,000 @ 75p if the share price drops through 70p
250,000 @ £1.00 ------- ditto -------- 50p

Sounds reasonable to me. :-)

[sojourno] 29/6/2017 21:40

"continue to develop" though, implies there is a working relationship.
No mention of M€, bien sûr.

[piggyinthemiddle] 29/6/2017 19:13

Yes,all I can see is "We continue to develop potential applications in other sectors,most notably automotive,although commercialistion in these areas is not considered to be imminent."
So,something that was considered to be our big break two or three years ago is consigned to a footnote,one line,in the interims.
Let`s hope Translogik doesn`t have the same fate!

[drw1] 29/6/2017 18:08

See interim results download page 14.

[piggyinthemiddle] 29/6/2017 17:00

Out of interest,whatever happened to our link with GM and the inclusion of our sensors in the drivetrain? All gone quiet on that front.

[sojourno] 29/6/2017 10:34

amt... I don't disagree but options need to have a sense of realism about them to remain an incentive. Melvyn and Graham are deeply underwater just like the rest of us except their ability to trade is limited. Yes they earn, but who wouldn't?
It's just the way it is, but I don't think the TRT BoD are working it like some AIM BoDs do.

[major courtenay] 29/6/2017 09:27

Does anyone know what the market cap was way back around the start of the millennium when TRT was trading c.£20-something per share?

[amt] 29/6/2017 08:27

Sojourno. The options that have been waived are clearly unachievable. Its difficult to compare because of the ridiculous reset of share price But the target was about £7 on the options waived. It seems to me the way options work in general is when a company fails to reach targets they just reset the target. So its a nonsense really. Much better to remunerate Directors in say 20% in shares that cannot be sold for a couple of years. Much fairer allround.
The Directors suffer like the rest of us when share price goes down but maintain the incentive to get the share price up. With share options they dont suffer financial loss like shareholders only lost opportunity which is not the same. I am not directing this purely at TRT but numerous companies across AIM. AIM needs reform to improve its really bad performance.


TIDMTRT

RNS Number : 2513J

Transense Technologies PLC

03 August 2012

Transense Technologies PLC

3 August 2012

Award of options

Transense Technologies plc (the "Company" or "Transense") announces that on 2 August 2012 it issued options over 1,500,000 ordinary shares of 1p each (the "Options") under the Transense 2011 Enterprise Management Incentive Option Scheme (the "Scheme") to Melvyn Segal, the Company's Finance Director.

The Options provide the right to subscribe for Ordinary Shares at an exercise price of GBP0.1025 per ordinary share if the Company's share price reaches GBP0.20 and expire on 2 August 2022

[timbo003] 29/6/2017 08:18

There is a new interview with Graham Storey (CEO) on Directorstalk, well worth a listen:

[sojourno] 28/6/2017 14:59

Uggy, amt... they raised the price of options in a rising price rather than reset them after it tanked. Options are only an option to buy, they still invest but only get to at a bargain if the Co meets that price/performance target. Options also help to widen the window to buy between closed periods.

[amt] 28/6/2017 09:29

I agree they should take part of remuneration in shares. Options like the way they have been used here just get reset when share price tanks like here. Anyway as someone said if they get to 1.50 my losses will have been reduced at at 2.50 I will be in profit like the Directors so can comfort myself with that thought.

[uggy100] 27/6/2017 23:05

Options are wrong. Far better for well paid Directors to invest directly in the Co. that way it fuses them with ordinary shareholders. Why allow them to reap the benefits of any success without the pain of having a stake in the Co. ?

[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.