Transense Technologies Share Discussion Threads

[drw1] 06/9/2017 10:23

Numbers will hardly be a surprise given the 31/07/17 trading update.
Any share-price action will be dependent on the outlook.
Would expect to see some more 'itrack 2' orders materialise before long given the number of on-going trials.
31 July 2017

Transense Technologies plc

("Transense" or the "Company")

Trading Update

Appointment of Joint Broker

Transense Technologies plc, the AIM listed company focused on patent-protected sensor systems and supporting technology is pleased to provide a trading update for the year ended 30 June 2017.

The trading results for the year ended 30 June 2017 are expected to be marginally ahead of the Board's expectations as revised on the release of the interim results in March, with revenues of approximately GBP2M, and closing cash balances of GBP2.5M.

In addition, the Company announces the appointment of Beaufort Securities Limited ("Beaufort") as joint broker to the Company to improve the service available to the large group of private investors interested in Transense. Beaufort look forward to marketing Transense to its network of UK retail and HNW investors, including providing retail tailored research on Transense as part of its ongoing services to the Company.

Graham Storey, CEO of Transense, commented: "I am delighted that the new iTrack II is gaining traction as evidenced by the recent announcements relating to Glencore and that our numbers are ahead of expectations. The appointment of Beaufort fits perfectly with our marketing strategy to open up Transense to a wider investment audience and enhance communication with our current retail shareholders."

[monty68] 06/9/2017 09:49

it doesnt look as if anyone is getting very excited in anticipation of the results!!!!

[timbo003] 06/9/2017 09:25

I have booked my place for the 26th (same venue as last time), so will go along and report back in due course.

[gnnmartin] 05/9/2017 19:18

Annoying: I can't make the 26th. :-(

[sojourno] 05/9/2017 14:47

That was timely!

[sojourno] 30/8/2017 16:31

Final Results and Notice of AGM came on the 21st of Sept last year.

[uggy100] 30/8/2017 15:30

Are we due for the accounts to be relesed soon, hoping for a progress report then.

[puffintickler] 09/8/2017 15:52

I don't think that extra sales will cause much if any cash drain at all. The first year's rental of an extra sale will more or less cover the cost of sale.

So the more sales the better, even if revenues are spread over several years. The benefit will be delayed however. It is possible a fundraise will be needed but it will not be because of extra sales.

[horsepower] 09/8/2017 14:36

Mat may we'll have a point but what do we want: slow sales and no drain on cash or fast sales resulting in a fundraising...

[piggyinthemiddle] 09/8/2017 06:59

amt-you Ray Lohr in disguise? -)
matjos-you may be right but only time will tell. Atm,I`m happy that we`re getting orders and looking very likely to build on them.

[mattjos] 08/8/2017 23:44

But ... these contracts are all short-term cash-drain on the company .. hence the appointment of Beaufort now, in readiness for the next passing of the hat, off the back of a carefully orchestrated positive news flow.Come on guys ... mgmnt here have got a taste for fundraising & equity dilution as a means of paying salaries. the next one won't now be far away given the way they are drumming up interest.

[amt] 08/8/2017 23:27

If they can add 50 per month then in a year they would have additional income of 2.1m on top of existing and be making profits. So I think they need to be adding at least 50 per month for things to look exciting.

[amt] 08/8/2017 22:22

Recent announcements 134 trucks ×3,500 per truck = 469,000 per annum.

Global Market size 40,000 so say they take 10% of market thats 4000 ×3,500 = 14 million per annum.
Equals say 10 m profit.

[sojourno] 08/8/2017 13:30

80p on the 8th day of the 8th month, lifting off the bottom (hopefully).

Ten years ago on the 8th day of the 8th month we had an RNS apparently revealing that the original business model was on track; after a summer of a falling price and doubts over financial health, director sells and a resignation it was announced that Schott had a packaging agreement with us which in the thick of it seemed to encourage holders that torque and TPMS (eTire2) projects were on track. Nothing could have been further from the truth, Michelin had cancelled eTire2 many months previously and two months later we were suspended; and the shareholder uprising began

Our BoD have brought the company a very long way since those dark days under the previous management.

[timbo003] 07/8/2017 20:01

>>>>>>libiche

That information can be found here

[lebiche] 07/8/2017 19:32

Does anyone know what the fee for an iTrack rental and service agreement is?

[dieseltaylor] 07/8/2017 08:47

hxxp://mininglink.com.au/site/south-walker-creek



hxxp://wikimapia.org/18787420/South-Walker-Creek-ML4750

hxxp://www.bhp.com/~/media/bhp/documents/investors/reports/2013/130530_coalbriefingday2presentation.pdf

The last one is perhaps the most interesting as it covers the BHP operations overall. There seem to be more trucks - bearing in mind though that there has been rationalisation since 2013.

[piggyinthemiddle] 07/8/2017 07:56

Momentum building very nicely with Translogik!