Transense Technologies Share Discussion Threads

[king1pin2] 29/11/2024 10:56

Hi Harwood was mentioned during the meeting and it was felt that because the picked up quite a good few shares under the EIS scheme they were just taking some profit off the table and Nigel was saying that institution's had approached Transense with interest in running the rule over our offering .
On future Saw deals I am not sure that we will get a blockbuster Saw deal as I stated in my last post I Think that the first sight that we get will be our saw income growing as the potential customers move through the six phases described on the mello presentation . So if for example we have three companies on phase 4 we would notice £750k NRI over 18months popping up on the saw income. I suppose at that point there is no turning back and we have our saw deals but the results due in feb will give us some idea of just how far along the road map some of the potential customers are when we get the FY26 Forcasts so that will be a very importaint date for investors in Transense.
As always just my view .
I should add that I would say that we are already getting income from saw in the form of low volume sales from motor sport and the setting up of the more efficient Calibration fully automatic rig to be installed in the next few weeks that should be operational in the new year should help us grow income from existing customers .
Then during 25 the pilot production line will be installed and that should be fully operational by end of the year and will help us improve the turn around of bonding the sensors to the shafts.
A lot happening at Weston and good times ahead .

[major courtenay] 29/11/2024 10:03

It would be difficult, but insti’s can reduce over time. Look at Harwood. They just reduced their position from 5% to 4%. Alternatively yes sell off book to another big buyer.

Ryan gave a slightly complex answer when asked about a likely date for next SAW license announcement. If I understand correctly, there could be a license in
2025, but if so, would be unlikely to yield production income for 3-5 years.

[shifter2] 28/11/2024 18:53

So what’s his exit with 11 percent
Trade sale only way buddy

[mattjos] 28/11/2024 17:24

£59! Lucky you actually got a bed for that

[king1pin2] 28/11/2024 17:17

Management played down offers for the whole company because no one else does what we do so unlikly anyone would take out Saw and Translogik together.
I think a offer of perhaps £100m for Translogik might tempt a few of so if anyone with pots of money is reading this then have a word with our board of directors .
As far as the hotels go as wife wife told me before the trip " you get what you pay for " and for £59 per night it turns out she was right .

[shifter2] 28/11/2024 16:57

Cheers king next time let me send you links best hotels in area!

I see our man keeps adding so he has hand at the table when the offers come in

[king1pin2] 28/11/2024 11:53

Hi Major, My thoughts are that Saw success will be seen through growth in income through customer funded projects and supply of equipment and components that will enable customers to move towards production.
Please bear in mind it’s just my thoughts and I might be way of the mark But I think that Potential customers have been put off by the complexity of integrating saw sensing into there products, I think that it was mentioned that even GE have encountered problems that were difficult and expensive to overcome.
This is the reason (in my view) that we are setting up small volume production line at Weston so that we can show potential customers a working model that they can follow to save them time a money.
I does make sense and looking around the Weston facility and talking to engineers leaves you in no doubt that we have a highly experienced team that will help customers overcome any problems in the production process.
It’s worth looking at the mello presentation from the 19 nov 2024 page 6 chart that shows the six stages that customers move through towards production and that also shows approx company income from the various stages.
I think that the next set results are due in feb and Allenby will be introducing Fy forcasts for 26 that should enable us to get some idea of management expectations for saw income and just how far customers have moved along the path for our success.
Itrack income is in line with expectations but peaks next year as we all know . I think Melvyn said that around 70% of our future income is hedged and we do look to take advantage of low rates when they present.
Translogik is looking very good with the refurb enabling the company to bring in house the production of the probes and this went very well and we are now seeing the benefits of this in many ways, for example extending the range and customer feedback suggestions such as adding a torch to probe ( I think the are working on that ).
To sum up I think that todays £1.75 share price if fully underpinned by Future Itrak income and a rapidly growing Translogik income and even now the Saw potential is not priced in to the share price.
For me they are still bargain at this level and even although I sold a chunk a while ago to fund a medical problem I am seriously considering buying more.
Just my views and thoughts and look forward to more detailed reports from others who attended the AGM .

[jpegman] 28/11/2024 11:04

Buying opportunity before santa claus rally? Don't get sucked into psychological price targets folks. They're seductively round numbers.

Share price is ultimately nominal - focus on the enterprise value (26.7M GBP now) relative to your knowledge/expectations for the company. For me that puts TRT around £50-60M:

- Itrack royalties worth around £10m
- Translogik £2-5M
- Sawsense £40M+

Plus:
- Very attractive ownership mix
- Strong insider buying
- Intellectual property portfolio
- Multiple untapped industries
- Minimal competition in business lines

[gnnmartin] 28/11/2024 11:00

Agreed Major, I guess TRT have been around so long that loyal shareholders hanging on are reaching the age when they are spending their capital. We need new younger shareholders. It will happen, but meanwhile the quick reversal of the gains following a most encouraging update is disappointing.

I enjoyed the AGM. As others have said, most encouraging.

[sojourno] 28/11/2024 10:21

Lovely Jubbly!

[major courtenay] 28/11/2024 09:18

Looks like it’s gonna struggle to break decisively through £1.90. We need some outlook changing news / license news, or a big jump in bottom line.

[money never sleeps] 27/11/2024 21:05

I agree with you on Translogik. Investor focus is on SAW but that will take time to build. Translogik is the company maker

[king1pin2] 27/11/2024 20:51

Just back home to Dorset from a very upbeat agm , Translodgik looking very very good with plenty going on and New refurb looks like money well spent.
Thanks to everyone at Transense for making us very welcome .
Will try over the next few days to post my thoughts .

[money never sleeps] 27/11/2024 20:19

I've waited one year, it still feels like forever. Famous last words but never before have I felt so secure about future rewards as I do holding this stock

[amt] 27/11/2024 19:41

Well I hope so, we have waited 25 years but now with a reasonable profit.
20 years ago I thought this was going to be huge. Perhaps still possible

[nico115] 27/11/2024 16:11

Got a v good feeling having heard the directors speak. What a gem .A mini Melrose ? A mini Gkn ?No idea but you can sense they know they're onto a good thing .

[petethegolf] 27/11/2024 16:00

No surprises at the AGM, but everyone seemed to be upbeat - understandably ;)

[nico115] 27/11/2024 15:45

Wow love this AGM

[martinmc123] 27/11/2024 12:08

TRT – Transense Technologies
4*
Transense Technologies plc, the provider of specialist sensing solutions and measurement systems, issued a very positive AGM trading update for the first four months of the financial year ending 30 June 2025 this morning. Overall revenues in the Period were 48% higher than the corresponding period last year. The contribution to revenue from Bridgestone iTrack increased by 23%, and...from WealthOracle

wealthoracle.co.uk/detailed-result-full/TRT/1025

[hatfullofsky] 27/11/2024 09:01

Speaking to him at Mello he was extremely positive on SAWsense, he had previously sold a sensing business but couldn't do what TRT do

[money never sleeps] 27/11/2024 08:29

I don't so much care about SAWsense deals right now, that will come in good time and the IP value is increasing. Short term the reason the share price will keep heading up is solid growth in Translogik. The potential in that business seems to be what brought Maughan on board, and got him excited (well, he's an engineer ;-).

[nico115] 27/11/2024 08:22

totally agree

[hatfullofsky] 27/11/2024 08:16

the big re-rate will come when they announce a SAWsense deal

[nico115] 27/11/2024 08:08

Really pleasing update. Wake me up at 400p

[drw1] 27/11/2024 07:59

Delighted by the strength of the trading update.
Re-inforces my view that this company is heading for a period of rapid growth.
Wish I could have made the AGM BUT confident the team at Transense have got this..