Transense Technologies Share Discussion Threads

[lebiche] 10/1/2018 08:52

I think you're probably right, drw1. I've been mulling a purchase for months now. But none of the promising announcements have had the slightest impact on TRT's valuation.

There was a time, too, when TRT's offering was excitingly simple: a battery-free sensor that could monitor car tyre pressures and inform the driver he needed to top them up. That was the volume potential that sent the stock rocketing in the late 1990s.

Mining trucks just don't have the same appeal, though I'm sure it's a smart market to be in.

[drw1] 10/1/2018 08:28

Ken-not without hope-'The relationship with GE continues to strengthen and this follows the successful completion of rigorous testing of our SAW sensor technology. This has in turn increased GE's commitment to SAW technology and we are aware it is being championed within GE's internal and external network.'

This alone must have the 'potential' to multiply our current market cap.(IMHO.)

[kenone] 10/1/2018 08:09

Like many of you, I should have accepted I was wrong and sold up years ago.
Trouble is the longer you hold the more difficult that decision becomes. Buying more over the years,as I have, just digs a deeper hole.
So - take whats left, or hang in to the bitter end ?
Does anyone know if this business is sustainable long term with the current deals in place ? Or are we still waiting for jam tomorrow for survival ?

[drw1] 10/1/2018 08:04

It's actually ironic that the valuation back then was so high based on hype and now when they actually have real product and meaningful engagement with G.E. etc investors show no interest.

[lebiche] 10/1/2018 06:51

I sold these for £350 a share in new money in 2000!

[amt] 09/1/2018 23:40

While shares power ahead TRT keeps falling. What a terrible investment this has been. Where are all the promised deals that were supposed to be delivered.

[piggyinthemiddle] 04/1/2018 13:55

Can`t see the directors selling out unless it`s an offer they(and us) can`t refuse.
Don`t forget Storey has loads of shares bought privately years ago so he for one wont want to give them away.

[major courtenay] 04/1/2018 09:58

LB, when/if the newsflow starts in greater volume, that might become a possibility and it would also be a great shame.

[lancasterbomber] 04/1/2018 09:17

What's always puzzled me is why no has taken them over/

[drw1] 04/1/2018 06:03

Would disagree.
The trend will reverse as the company 'surprises'by concluding more 'Itrack 2' contracts.
Am sure BHP'S CEO has a better idea than us what technology is worth using-intersting Mining trucks are cited as the example in the Times ARTICLE.

[uggy100] 03/1/2018 21:01

well an interesting start to the New Year, no support whatsoever from the Brokers. Doesn't bode well for the future to be honest, too many delay's from Co
's that have used the trials for an inordinate amount of time. Result, a falling share price & without substantial contract wins I would expect the trend to continue.

[piggyinthemiddle] 22/12/2017 18:59

A bit disappointing that only two out of a dozen or so trials have converted so far but there`s still time.Anyway that explains the lacklustre share price.
On a more positive note,the mention of automotive prospects was encouraging so as ever with Transense, we shall see what the next six months bring!
A Merry Christmas and Happy New Year to all!

[greedfear] 22/12/2017 16:33

Thank you for reporting!
And a Merry Christmas for all!

[gnnmartin] 22/12/2017 12:18

I attended. I couldn't make the September presentation, so felt the need to check in.

I didn't expect to get any new insight, and I didn't. I did get a slightly better understanding of the AGM statement item that read "Trading since the start of our financial year in July has benefitted from an increased contribution from both Probes and iTrack II and the Board expect a similar financial performance to the equivalent prior year period." In other words, iTrack and Probes have increased sufficiently to offset last year's GE licence payment. I was also told that hardware moves from inventory to fixed assets when it is part of a trial.

I mostly go to AGMs to judge if the directors believe in their product, and if I believe the directors, and the answer to both remains 'yes'. The directors still believe they have the best in class product, and there is a compelling case for mines to invest in iTrack, but the mining companies are slow to sign up.

iTrack still looks the best near term chance for the company, though the probe is starting to make a useful contribution, and GE could perhaps come up with something to help us through to iTrack payoff. Assuming we survive then in the long term the other opportunities could be as big as iTrack.

The big question is whether the mines will commit, and if so how long will it take. The directors can't know: they hope the answers are 'yes' and 'soon'. They believe the hope is realistic, but it remains at best a reasonable expectation.

I think the shares a good speculation at the current depressed price. It's a pity that I have more than I should have in a single speculative stock.

I didn't ask, but I thought it fairly obvious that the AGM date was as late as possible without being unduly inconvenient, to give the best chance of a useful update.

[monty68] 22/12/2017 11:44

on 20th Dec, you must be joking

[drw1] 22/12/2017 09:47

Encouraged by the G.E. update.
New licences etc must be a possibility going forward...
Would be great to see short term cash flow secured by Translogik and that means more ITRACK 2 sign ups.
Remaining cautiously optomistic like the board.

[timbo003] 22/12/2017 08:32

Alas I couldn't attend this time as I'm recovering from a minor op, but will most certainly attend the next post interim results evening update assuming they have one next year (it was in late March this year).

[assagai] 21/12/2017 23:36

That says it all really,no one was bothered to go.

[peterblok] 21/12/2017 19:59

So did any of you actually go to the strangely timed AGM? Feedback would be good ....

Peter

[piggyinthemiddle] 21/12/2017 15:55

as does "cautiously optimistic" !

[hatfullofsky] 21/12/2017 13:25

Did not attend but any view on the following statements :

At finals

Since the beginning of the new financial year on 1 July 2017, revenues have shown a significant increase on the run rate of the prior year

AGM Update

Trading since the start of our financial year in July has benefitted from an increased contribution from both Probes and iTrack II and the Board expect a similar financial performance to the equivalent prior year period.

There is a quantum gap between "significant increase" and "benefitted" seems to be lowering expectations

[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