Transense Technologies Share Discussion Threads

[major courtenay] 21/12/2017 13:14

The AGM will probably have finished by now (it was very brief when I attended a Year or two back). And not much time for Q&A. Did anyone attend and have any feedback?

[lfc4ever] 19/12/2017 19:39

hxxp://www.mining-journal.com/stocks-market-insight/news/1310027/transense-fortunes

[piggyinthemiddle] 18/12/2017 21:09

Really? What are we celebrating? Drop in share price? I expect crumpets and more jam tomorrow. Still,you never know!

[sojourno] 18/12/2017 17:43

Maybe that's the Champagne order for the AGM going through! ;-)

[kenone] 18/12/2017 13:33

That looks promising, drw . Perhaps 2018 will be THE year ? Hmmmm , did we say that about 2008,09,10 .... At least they seem to be keeping going. Perhaps good news Thursday ?

[piggyinthemiddle] 14/12/2017 15:07

If anyone`s going,perhaps they could suggest the company let us have a running update on number of trucks using our tech?
Good for us and maybe good for the share price and new investors?

[drw1] 14/12/2017 12:10

Interestingly you can both buy and sell at exactly the same price (smallish quantities).
Too busy to travel to the AGM next week.
Hopefully they should be able to confirm the improving trend indicated in the last update.
Still time for those 'advanced' Itrack prospects to drop.

[hatfullofsky] 28/11/2017 22:32

Thanks Piggy, was only taking the orders past or close to year end. So we should at least be at break even baring a few install costs.

[piggyinthemiddle] 28/11/2017 19:18

Actually,I think we`ve got a lot more than 189 units out there.
Just a quick trawl through the news archives shows three more contracts in 2015 of 47,46 and 23 units-a further 116 units plus a large contract sale in 2013 to Otraco for £1mill which will almost certainly convert to the lease arrangement in time.
Add in the iProbe sales which appear to be increasing,the future looks pretty damn good for a change.
I might have got all this wrong but that`s what it looks like at first glance.

[amt] 28/11/2017 10:29

Thanks all. So it looks like they need to be announcing such contracts as the most recent one every month not every two months.

[hatfullofsky] 28/11/2017 08:52

timbo003 great write up, did you ever resolve the missing xxx numbers.

From the directors talk CEO stated that an operation of 40 trucks could save $1m pa on type costs only (does not include productivity gains). If it takes 1 day to fit a truck which is a 120k loss. 40 trucks * 120k = $4.8m = 5 year pay back.

I presume upgrades to II are less than one day, do you know if it is still taking a day to fit.

Soooooo

27/11

[timbo003] 28/11/2017 07:39

>>>>amt/hfosky

See:

[amt] 28/11/2017 07:27

I cant remember who posted an analysis but sometime ago a calculation was made based on one if the TRT presentations. Perhaps somebody could remind me of the rental income per truck.

[hatfullofsky] 27/11/2017 22:51

Thanks AMT where did you get the numbers from? I can't find rental ranges or current numbers mine are calculated from the releases.One thing I did like from the Director Talk chat - they are now getting orders without the trial period. Bodes well.

[amt] 27/11/2017 22:47

Better late than never. However they need to be installing 50 per month to be on track for breakeven. So need 3 more contracts like today before Christmas.

[hatfullofsky] 27/11/2017 22:34

Limited. AGM statement imminent, good unit sales since year end it that trend continues we're good. Sh!t VRS is at nearly 70m on a collaboration statement!!!

[piggyinthemiddle] 27/11/2017 21:09

hatfullofsky-hope you`ve got lots of patience...

[sojourno] 27/11/2017 18:07

Welcome aboard Hat!
I think it was highlighted because of the established fear of dilution.
It has been suggested that once income is assured a borrowing facility may be used to ameliorate any shortfall in (as the statement goes on to say) "working capital due to the timeline between investment and recoupment" (and "The Group ... does not currently have an overdraft facility").

[hatfullofsky] 27/11/2017 17:50

Newbie here, bought in today. Like the news flow and am also expecting more. Think TRT are now at a tipping point with validation and sales of iTrack II.

Slight concerns on the impact of sales model change (to rental) and how that will effect cash reserves. Net cash at 30/06 2.52m with the statement "The forward looking cash flow based on the anticipated level of activity indicates that the Group should have sufficient funds available for the short to medium term" So some comfort but to identify it so early in the financials concerns me a little. Rental model is going to be capital intensive.

Any views ?

[sojourno] 27/11/2017 14:03

Good stuff!

[drw1] 27/11/2017 13:08

This should be the first of several announcements given the commentary with the 'Final results'.
Watching with interest.
The more 'itrack' contracts won the nearer we get to a reliable income stream that pay's the bills.

[puffintickler] 27/11/2017 11:50

No more than should be expected, but a sale nonetheless...

[gnnmartin] 27/11/2017 11:00

I'm watching, Alchemy. Just nothing to say. Pleased of course to get the news, but I can understand why the market takes no notice.

[pugugly] 27/11/2017 10:22

Alchemy_ I am with you!! Gaining traction with BHP - Rolling out iTrack II to whole fleet - 40 units which I make a net gain of 24 units - However we will I suspect need to wait for accounts to see the net cash results -

Encouraging given the stature of BHP in the mining industry - Ought to give confidence to other major miners to adopt. Remember no one ever got fired for purchasing an IBM main frame in the old days!! Hopefully a similar message might be getting through about the adoption of iTrack II technology.