Transense Technologies Share Discussion Threads

[wynterwilde] 11/10/2018 14:49

Monty....it is....but, rental suggests that the end user rents some kit and gets on with it. A sudscription service contract could mean we retain ownership of the kit and do the analysis for the end user thereby leveraging more from the deal....not sure if that's what they have in mind though...

[walbrock82] 11/10/2018 14:22

Looking at this company’s financials, it feels progress is stalling and inconsistent, despite management reassuring words. One thing is clear, they will need a placing within six to eight months. Read my short analysis:

[monty68] 11/10/2018 12:12

wyntewilde. I quite agree, great marketing if you can do it and have the capital, but I assume that in this case the customer has the equipment all the time, thus it is the same as rental, isnt it?.

I will have to ask for more details at next meeting!

[mattjos] 10/10/2018 23:08

cos it seems that other than me, there have been no other buyers here.
Crisren took over 2 year to accumulate their holding .. they are patient

[merckx2] 10/10/2018 22:01

Mattjos, why are you so sure it's Criseren & Harwood buying?
They would both have needed about 87.5k shares to cross a 1% boundary, and despite all the trades there's been no RNS on holdings since 23 Aug.

[mattjos] 10/10/2018 20:24

Same chart .. now showing the breakout underway:

[mattjos] 10/10/2018 20:18

Criseren look to be averaged about 50p for their 10% stake. Harwood lower at about 38-40p

I do not see there being much stock about under 50p ... very little in fact. I will continue filling my boots under 50p

The company Nomad/Broker has been complicit in picking up stock for both of them. I don't believe the company would continue its relationship with Finncap if they were picking up stock for II's who's intent is to break up the business.

I conclude these two firms are here for the long term and see value here right now.

Suggest the few remaining PI's here re-evaluate and consider not giving these two II's free rein to pick up more on the cheap .. because they will

[mattjos] 10/10/2018 20:08

totally disagree & I do not believe the two II's think that way at all.

However, whichever side of the coin you see, neither Criseren or Harwood are here for a laugh. They see value in the business at current valuation

[arthur_lame_stocks] 10/10/2018 18:40

I believe the shares are worth more if the two divisions are sold off, but I don't believe it's a viable business as it stands. Hopefully the two big investors see things the same way and don't intend to keep pumping money into this in fundraising after fundraising.

[mattjos] 10/10/2018 18:13

Thanks for your comments. Do all please keep selling out.Minimum mkt cap should be £8m afaiac so, will continue buying.

[bhoddhisattva] 10/10/2018 17:39

The problem is that valuation is irrelevant at the moment.

We are talking about survival - they have less than 6? 7? months cash and I am not convinced they can get loans against even subscriptions ... so does this mean bankruptcy OR more (more!) shares issued for a cash raising????

Either way share price has dropped reflecting this reality.

[wynterwilde] 10/10/2018 16:14

I'm guessing that over the next couple of days there will be quite a churn as the professionals flip their stock, leading to disappointed private holders who'll sell and the process will repeat itself until weaker holders are shaken out.....

[wynterwilde] 10/10/2018 16:14

I'm guessing that over the next couple of days there will be quite a churn as the professionals flip their stock, leading to disappointed private holders who'll sell and the process will repeat itself until weaker holders are shaken out.....

[wynterwilde] 10/10/2018 13:49

Monty. At first look yes, maybe. But it's more involved than that........
A few years ago, oil well fires were a major problem, they took ages to control snd extinguish. A dude designed a piece of kit to do the job in a hour as opossed to days and it only cost a couple of hundred dollars. Luckily he sought sdvice on how to sell it. The advice he was given is don't! ! Oil companies will buy one between 10 or 20 of their rigs and use it as required. Start a subscription service where an oil company pays a premium as insursnce against a fire.....then ALL rigs will have to be covered at a cost of around 50 dollars per month per rig.......a no brainer....
Not being able to sell our kit may end up being the companys saviour. ....

[mattjos] 10/10/2018 13:20

fwiw, I value the company nearer £1 / share right now ... which is why they just do not want to sell any at under 50p / share

[mattjos] 10/10/2018 13:08

I would suggest that Fincapp read this BB yesterday, realised the negativity and small beer PI selling and took it down to collect. Sellers were completely mugged yesterday

[mattjos] 10/10/2018 13:07

Wints selling now .. that is usually retail but, still no online price quoted other than 'at best'
Fincapp now back out to 49 & on the Bid at 43p

Still no online price to buy

[mattjos] 10/10/2018 13:04

there you go . Fincapp forced out to 47p now, with the merest whiff of buying

[mattjos] 10/10/2018 13:03

Fincapp are being very, very artful on the order book .. trying to hold it static and appear weak & not give an online selling price but, they have a buyer(s) who are after all that is being sold.

Buyers are having to take stock from Singer at 44p because Finncap will not sell any just now.

It's a typical MM stunt and yesterdays sellers were mugged.

[drw1] 10/10/2018 12:50

'The strength of our product offering and the iTrack brand reputation has resulted in Translogik moving from "opportunities to work more closely with selected partners" as stated in the interim report to the current state of play whereby we are holding discussions on collaborative arrangements with major global companies in this sector.'
(Found this paragraph particularly interesting in the results).

[mattjos] 10/10/2018 12:42

cant get them at that price .. tried repeatedly and failed each time

[pugugly] 10/10/2018 12:37

you can still force a buy through a broker - L2 showing 2,000 from 2 brokers at 43p which they have to honour.

[mattjos] 10/10/2018 12:33

not even quoted for 100 shares! ridiculous. Last time it was like this a few hours later some big delayed buy trades were printed and away it went.
I would suggest Criseren or Harwood are adding today