Transense Technologies Share Discussion Threads

[piggyinthemiddle] 14/11/2018 19:47

Why would they sell? Well,20 million plus quid is a lot of money and £1-£2 dividend per share would do me.
Been in this share a long time so a one off windfall is pretty attractive!
Anyway,these thoughts have only been prompted by the talk on this bb of a takeover of TRT,I`m not advocating it.

[major courtenay] 14/11/2018 18:53

Look what happened the last time they had a £5m “windfall̶1; ; they burned through that quickly enough. No, on thinking about it, as the whole philosophy has been to use iTrack to make profits until there is general uptake of our tech elsewhere, I think we’d be foolish to sell such a potentially lucrative cash cow. Anyway, as we’re still not profitable this is all completely academic.

[mattjos] 14/11/2018 18:32

Why on earth would they sell Translogik? That would be completely non-sensical. It is just on the verge of becoming the go -to system for mine trucks.Don't understand that suggestion at all

[piggyinthemiddle] 14/11/2018 18:25

Back of envelope calculation might mean £5 million to keep back to run the company and approx £1.50 per share dividend?

[major courtenay] 14/11/2018 18:14

Would have to be more than that for me. Otherwise we fall for the usual British disease of selling good home grown technology for a fraction of its value, and just as we approach the home stretch. (Well, potentially).

[piggyinthemiddle] 14/11/2018 17:17

£20 million and concentrate on Sawsense would be my vote.

[dncleaver] 14/11/2018 10:41

"Transense would be a perfect target for Trimble" .... Yes, that also crossed my mind - Especially if iTrack II does indeed become the system of choice for the end user.

[mattjos] 14/11/2018 09:33

Transense would be a perfect target for Trimble who are a very acquisitive company in the field of telematics and geo-location but, much rather Transense stayed independent.

Looking further ahead, there is no way autonomous vehicles of any sort are going to be implemented without TPMS embedded into the control systems. There's no driver there to 'feel' a flat tyre so, safe to assume that all autonomous vehicles will have to have TPMS fitted.

[dncleaver] 14/11/2018 08:55

Glavey: Apologies, you are correct. Caterpillar Trimble Control Technologies LLC was formed specifically to address the control electronics market. Although it should still be regarded as a separate entity to the main business, I concede the fact that Caterpillar (Trucks) may wish to push business in that direction, for the financial benefit of the whole group.

Having said that, I doubt very much that Caterpillar Inc. would be happy to knowingly use an inferior product, even if it was "one of their own".

[drw1] 14/11/2018 08:32

Perhaps some will then.
Confident this latest announcement is not a 'flash in a pan'

[major courtenay] 14/11/2018 08:19

Well you can certainly buy this morning. And well within the spread.

[glavey] 14/11/2018 06:15

".... Why would they do that? Caterpillar build trucks!"

Really? And I thought their interests were much wider. Well, well.

[dncleaver] 13/11/2018 20:27

Yes, it's Mattjos!

[merckx2] 13/11/2018 19:40

Sorry to keep banging on about it, but it’s not Criseren or Harwood that are buying. They both need very few shares to cross a 1% hurdle which would trigger an RNS and there hasn’t been one, so there must be another buyer(s).

[sojourno] 13/11/2018 19:34

Fram a technical/psychological/fundamental POV all I can do is take a leaf out of Seth Klarman's book and consider that Value Investing is really about taking advantage of the madness of crowds and focusing on fundamental value.
We're bouncing off the lower reaches of Fibonacci-rebased-to-zero bands; which fit very well and in essence indicate that the crowds don't think we're out of the woods yet. We need to get well above the Split level before they do; but this is where Value Investing lives.

[mattjos] 13/11/2018 16:29

i am .. you can sit or watch or you can take up the stock.
I'm firmly of the opinion that we have finally now got a self-sustaining business.
This latest contract is a terrific one to win and that customer has a helluva lot of haul trucks.

Josue Vilchez, General Chief Mine Operation, said: "We have conducted extensive trials over the course of the last 18 months with all of the current market leading systems and we have concluded that iTrack is the best TPMS system in the mining environment available."

That is not a glib statement by such a large company. Management and the PR company of Southern Copper would have had to ok that statement.
This is very significant third-party validation of the iTrack system & we are in the position now to be able to completely dominate this sector going forward.
I am pretty confident that the flood gates will now open and new orders will come in much quicker and in growing volumes

[dncleaver] 13/11/2018 14:14

Mattjos: "Not possible to buy" .... Try offering more money! 😜

[drw1] 13/11/2018 12:10

''The Board continues to believe that the technology and products developed by the Group along with the services provided in the mining sector ensure that the Group is extremely well positioned in all key areas of the businesses and as a result the current level of optimism for future prospects is at a high level."

[major courtenay] 13/11/2018 11:52

I’m in two minds here. It’s either the same old same old, the excitement will subside over the next week or so and price will begin its slow drift back down over the coming months.... or.... those dozen or so trial periods which have been chugging away for the last year - 18 months will come home to roost with a side order of break even followed by dessert of expanding mainstream industrial uptake. I’m leaning towards the former today I’m afraid. Whatever happened to diesel Taylor? Did he sell up?

[mattjos] 13/11/2018 10:51

Not possible to buy

[dncleaver] 13/11/2018 10:51

I'm willing to bet that they didn't develop that system, either. It will simply be yet another bolt-on job from a third-party manufacturer.

But I do feel like we are missing a trick here, especially since Caterpillar have obviously realised that TPMS is a good sales feature.