The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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EAT (Energy Automation Technologies) is a new reseller to Wyld Networks, based in Peru, which delivers IoT solutions to several customers in the energy sector. This is the first initial order for the first project in a new area for Wyld. Delivery will take place in April 2024 and thereafter orders will be received for both delivery of the collected data and for Wyld Fusion, which is the platform where collected data can be managed.
Wyld Networks expects several new orders for IoT terminals, data services and the Fusion platform from EAT as it continues to market and implement Wyld Networks solutions to its existing and new customers. EAT offers its customers solutions for energy consumption management and telemetry in electricity, gas and water in areas where IoT coverage is lacking. By offering Wyld Networks' satellite IoT solutions, EAT is now able to offer 100% coverage for IoT connectivity.
"We are pleased to announce the receipt of this first purchase order from our reseller EAT. Wyld's technology solves many connectivity issues in the energy environment, where operators are striving for increased digitization of fixed assets to maximize efficiency and meet sustainability goals," said Alastair Williamson, CEO of Wyld Networks. "As a reseller, EAT placed its first order for its first deployment and they expect a larger number of project orders during the year."
Too many people like you izstar, call facts conspiracy theories.
Everything Camkite said is a fact, you only need to engage your brain to see that.
Do the research.
Must be good overall news for Tern, Device Authority and its Azure Technology.
Device Authority was Winner of 2023 Microsoft Rising Azure Technology Partner of the Year.
Within this week’s Economist page 8 below.
Microsoft reported a big jump in revenues, boosted in large part by artificial intelligence, which it is now applying "across every layer of our tech stack", according to Satya Nadella, its chief executive. The company pointed to the success of its Azure Al cloud service which provides access to large and small language models integrated with infrastructure, data and tools. But Microsoft share price dipped as investors fretted about increasing costs of keeping up with Ai developments.
Quite a lot of assumptions in your last post. Hardly surprising.
I have made plenty of losses but never seek to blame anyone else but myself rather then ill educated idiots who drum up weird conspiracy theories to justify their pathetic lives
Anyway share board no more from me
Actually facts. I guess you’ve never looked into it.
That is not a rant, just conspiracy nonsense
Agree completely.
Make the cattle class pay tax > invest in war heads & pharma > come up with excuses to go to war > use the tax for the “war” > rinse > repeat. Meanwhile push some hate so people are to pre occupied with small problems to expand their brain cells.
I see bill gates has just invested in loads of “fast cancer” curing companies, insure he knows why he’s doing what he’s doing in the same way he was pushing a vaccine saying it’ll save your granny > sold his shares and talked it down… like the gremlins on these boards, just a much bigger scale.
Most astoundingly people still believe in it.
The difference between a conspiracy theorist and one who isn’t… the conspiracy theorist has actually looked into it, the others to ignorant.
Rant over.
The whole system is a ponzi scheme.
Al sisto 2019, SP 8.7p “
“ TERN are aiming to achieve US Venture Capital valuations for our UK investments in later series 'B' rounds and beyond, to create shareholder value and premium exit opportunities. We have set a target for our portfolio activities to achieve an average of 20% year-on-year growth in portfolio value by year end 2019 and beyond. We have achieved a modest 6% growth during this reporting period within the portfolio and the Directors will be seeking to achieve the target growth over the remainder of the financial year.”
2024 couldn’t get a raise higher than 2p after taking a 100k+ wage for years for doing nothing but destroying other peoples wealth.
There’s no way any of this can be excused as incompetence or market conditions… they clearly have known exactly what they are doing. Robbing people in broad daylight.
Have to admit……. This has been one absolute dogs**t investment. I still think I’ll get away with a decent profit, but fml what a diabolically run company. Well placed on aim alongside all the other s**t talking con artists. They & their family’s must be so proud of them.
Good news, thanks. As I said yesterday, a deal with Space X or AD’s one alone will more than multiply tern total value. It’s a shame it’s run by Al Capone though.
Sorry ripley94, I might be thick but I don’t understand your 2 posts. Maybe cause I haven’t been following tern for sometime now.
Wyld Networks sign an agreement with VestiTech to deploy Wyld Connect for livestock monitoring in South America
THU, JAN 25, 2024 08:30 CETReport this content
Swedish technology company VestiTech have developed a monitoring tag with LoRaWAN and will combine Wyld Network’s sensor to satellite technology to collect data from livestock even in the remotest locations.
There is currently a major push by agricultural companies and government agencies to collect more data on the billion plus global population of cattle. Increasing demand for high protein food continues to rise with human population increases and economic growth driving livestock producers to engage with digital technologies to protect and monitor stock.
VestiTech’s SPURO-X multi-purpose LoRaWAN tracking device and OnTrack service platform is able to track animal positions, inform geo fencing strategy and add data to pasture management planning. SPURO-X comes with GPS, accelerometer, temperature and persistent storage and has ultra-low power consumption. By adding Wyld’s low power satellite connectivity VestiTech will have no geographic restrictions on the use of their tag and will be able to reduce reliance on terrestrial IoT infrastructure.
VestiTech has more than30 years’ experience of embedded and application software to build advanced services. The company has a heritage from tracking Reindeers in the North of Sweden. The development of the VestiTech tag has been done in cooperation with Quectel.
“Capturing quality data from livestock is fundamental to improving cattle management,” said Alastair Williamson, CEO Wyld Networks. “We are delighted to be working with VestiTech to combine our engineering capabilities to meet the immense opportunity Satellite IoT brings to monitoring livestock in remote locations.”
“Wyld Networks' groundbreaking satellite technology, coupled with our robust existing LoRaWAN technology, significantly broaden the reach of our Livestock solution in rural areas. This dynamic combination not only bridges connectivity gaps but sets the stage for an exceptional and reliable communication infrastructure in the most remote corners” said Jürgen Persson, CEO VestiTech AB.
I see on 30/11/22 Arbuthnot Latham & Co. Limited & Redmayne-Bentley LLP got out.
5/10/22 Placing at 7.5p* a 14.3% dis .
22/7/22 They failed to merge ( take over PIRI ) now MINDFLAIR
- Tern PLC on Wednesday said it has raised GBP400,000 through a placing of shares.
Tern is a London-based investor in early-stage 'internet of things' technology businesses.
The company said it has raised GBP400,000 through a placing of 20.0 million shares priced at 2.0 pence each.
The placing price represents a discount of 30% to the share's closing price of 2.88p on Monday.
Tern shares fell 30% to 2.00p each in London on Wednesday morning.
The placing shares will represent around 4.9% of Tern's share capital, following the fundraise.
The proceeds of the placing will be used to provide the company with funds to invest further in "one or more" of Tern's portfolio companies in the near term and for general corporate purposes.
By Sophie Rose, Alliance News senior reporter.
Some of my notes .
4/8/23 up 126% to 8.5p
Placing 5/10/22 7.5p* 14.3% dis .
22/7/22 They failed to merge ( take over PIRI )
20/7/21 Placing at 18.7 p
20/7/21 bought some in market at 18.5p
Chart showed a low of 17.75p one min after .
27/7/21 Got more @ 17.5
Not me, no point selling down here even if the incompetance of the BOD is so bad it's hard to believe they are not doing something dodgy behind the scenes to benefit themselves further. Keeping their unnessary fat salaries alive for doing zero work has killed shareholder value, they are a disgrace and AS should have left when voted out rather than keeping his nose in the trough. How TM and the Nomad allow this behaviour is beyond me.
Just when you begin to think things in this could not get any worse, they go and pull this out of the bag! Shocking, but basically down to my own stupidity in sticking with this for so long, oh well.
If he is then I would say it’s not a very savvy move… even the sh**est shares still pump back up again (even if just briefly)… nows the time to buy not sell.
My post below was sent incomplete. I meant to add 30% discount is completely unjustified even in this tough market for capital raising, 15% at most would have been more than enough. Is also Al Sisto personally benefitting with some brown envelopes in some tax havens island, or promised a directorship in one of the cos he intend to sell tern cheap to? AD let alone, Space X deal with Wyld will more than multiply current tern valuation. As such one would have expected a premium paid price not 30% discount. TenEleven recent involvement is a vote of confidence, having taken Darktrace to $3 billion ipo valuation. Al Sisto should change his name to Al Capone. Maybe a barrage of emails of complaint of his mishandling of both this discount but also the huge reduction in our stake he sold to TenEleven, is warranted.
I wonder if those chunky trades are Swanny making an exit?
Vrs, sxx, tern.
One legged backside kicking competition
This snack if deliberate destruction of shareholders value.
Another dog of an investment company, 30% discount,
Tern Plc raised £400,000 through a placing of 20 million new ordinary shares.
Shares were placed at 2 pence each, a 30.4% discount to the previous closing price.
This represents 4.9% of the company's enlarged issued share capital.
Funds will be used to invest in Tern's portfolio companies and for general corporate purposes.