We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I don't think they would want it to be out in the public domain. But as long as the same Terms and conditions apply to all clients I do not see a huge problem as Thruvision have protected patents for their products. I also feel sure that the BOD have more than sufficient business acumen not to fall into bad habits regarding offering differing T & C's. Giving discounts for quantity breaks is another matter and often only shown on Quotations, but not itemised on Invoices and Remittances.
Yes, caught me by surprise very good if they stick to it.
Thoughts re the documents, T&C's etc, being in the public domain. I wondered if the company were aware?
Interesting pointer is the settlement terms of the contract 30 days
This will obviously be a standard across the board, and a good cash flow is guaranteed.
Excellent post.
hTTp://www.documentcloud.org/documents/6560739-img20181024-10574890-Redacted-pdf.html
Hope LSE show the link.
Published 3rd August 2018
Published 20th August 2019
* Not yet published but must be published before 31st December 2020
No doubt Covid will get the blame for the delay.
Thruvision true to form up to their usual tricks Swapping of shares if an effort to keep the price down before having to release the good news we all know is coming shortly, which will drive it in the opposite direction.
whoneedsbadges....no problem, I've done the same a few times.
Persimmon, apologies re my last post, I answered 'you' on another thread and 'them' on Thru.
Age related I'm afraid.
Interesting article on the news section posted 2 days ago by Next executive on Thruvision's non contact screening.
Year 2019 Share price Year 2020 Share price
October 3rd Trading update 27.6 October 7th Trading update 28.2
October 30th 25.8
November 11th Equity Research 26.6
November 12th 28.4
November 19th Notice of Interim's 29.1
November 21st 29.5
November 25th Interim Results 29.4
November 25th Equity Research 29.4
We know that the company is in a far better position than it was 12 months ago with the same free float, so it will be interesting to fill in the second column as the next 4/5 weeks pass.
Has Thruvision just pulled out of the 'filing cabinet' last years folder, and is the 2020 trajectory to be on the same pathway as 2019 (as by accident or other) ?
Obfuscation on-going ?
not rubbish ? hmmm ... where would said law suit go if it could not be proven Covid 1984 exists ?
The purchase of Thruvision equipment for use in warehouse environs is a no brainer ; to seriously deter thievery its becoming a must have !
Leoboy.........I believe as well as having a payback period of under 2 years for many retail companies there is an added benefit that I have seen no one speak about yet, although I stand ready to be corrected.
Let's look at this scenario. It relates to Health and Safety.
An employee of company X has been patted down leaving work using the conventional method. A few days later he finds out that the security person who patted him down was tested positive for C0vid-19. He then also about the same time is infected, and subsequently is hospitalised in intensive care.
My question is this.....Under health and safety law has the company done all in its power regarding social distancing to protect its employees from the virus. No doubt some clever solicitors would say No, and the company could find itself facing a lawsuit under the Health and Safety Act. A Thruvision device would seemingly negate that possibility. Or am I talking rubbish?
new customer Wilco ? see https://www.linkedin.com/company/thruvision/
Roll out Thruvision in distribution centres.
A Systematic Internaliser S.I trade, almost certainly a swap set up by Investec Bank.
Not for me I'm afraid.Operational gearing is very high and in a downturn of any sort will be a big problem .
Related party transactions? no thanks.
"Near as dammit a profit warning".
Dear oh dear whoneedsbadges. I'd better just leave it there for your reflection.
From recent awards RNS:
In normal circumstances the Performance Conditions on which the vesting of the awards would depend, would be set on the date of award. However, given the Covid-19 pandemic, it has been agreed that the Performance Conditions will be agreed later this year and no later than 31 December 2020, once the impact of the pandemic on the trading performance of the Company is better understood.
Near as dammit a profit warning.
T.B is also chairman of Herald Investment Management who hold 10.54% of Thruvision.
I meant to mention Black has a considerable holding which seams to confirm your feeling.
Thank you, will do.
whoneedsbadges.....Yes, generally speaking about a higher S.P you are right. However the stock market and company rules are very complex, and often differing internal share allocations between companies and their directors and other insiders make it so. Remember also the disapplication of pre-emptive rights by many companies (including Thruvision) is not to the 'common' share-holders benefit. Only the BOD and perhaps a few major II's really know what their end game is.
What we do know however is that Tom Black 'has form' from the past in building up and selling a successful business on. DYOR on past history of Digital Barriers before Thruvision spin off 3 years ago. Specifically a company called Detica. sold to British Aerospace.
Excuse my ignorance but surly a higher SP would benefit if they were planning a fund raise. Unless I have completely misunderstood your post ?
This is a breakdown of last year's statement issued 3rd October 2019
The statement was 19 sentences long spread over 6 paragraphs.
It mentioned 64 units being sold in that period.
This is a breakdown from today 7th October 2020
It is 9 sentences long and spread over 4 paragraphs.
There is NO mention of units sold as in last years statement (only number of clients}
I find it unusual that when, for the first time the company is trading profitably, it is very downbeat about it.
Let's also not forget in our analysis, and in relation to units sold many of Thruvision's clients have multiple outlets.
One may conclude that for some reason the directors do not want the s.p to gain much traction at this moment in time.
The reason why will become obvious through time
OMO as always.
To be posted on Companies House site next week
02 Oct 2020 Resolutions
Resolution of removal of pre-emption rights
Resolution of authority to purchase a number of shares
Resolution of allotment of securities
This document is being processed and will be available in 5 days.