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Most probable, as the price was mid. Would have been a lot higher if they had been buys. Currently down £2.5K at this S.P. level with average of £ 0.28p. Intend to hold longer and you say the AGM is on the 23rd so not long to go to give a better direction of where the Comany stands. Will wait in anticipation for good news at AGM. Cheers.
More than likely swops, with the transactions undertaken by Investec bank (thruvision's bank and broker) in order that it helps keep its S.I ticket.
Ready for a move ?. Hope the last 2 deals were a definite buy and not transfers between funds.
Looks a promising outlook. More so that they still have a resonable cash balance after all the outgoings for expansion. There has to be several predators looking at this one to buy out....Pleeeeze.
88 pages of annual report of Thruvision Group to 31st March 2019 posted @ companies house 20th August. Log on to Companies house for full report.
It's tiny volume.
People tend to get bored with small caps, if its not moving they sell and move on. As long as earnings are increasing the spot price should eventually catch up, obviously in opposite is true also.
Considering the recent good news with the Morrissons contract , the recent drop in the sp makes no sense at all . 20% drop in a couple of weeks ! Why ?
"Thruvision chosen by Wm Morrison Supermarkets Plc
to provide security screening in nationwide distribution
centre security upgrade.
Oxfordshire, England – July 29th, 2019 – Morrisons has selected Thruvision’s people screening
technology as part of continued investment into new security technologies being deployed across all
its UK distribution centre network.
Looking to maximise profit protection functions and improve operational efficiencies, the UK grocery
retailer, Wm Morrisons PLC, partnered with Thruvision to support their loss prevention strategy. The
retailer is employing Thruvision’s people screening solutions to reduce loss, improve distribution
centre operations and protect employees.
‘As we continue to invest in our depot security infrastructure, we are delighted to be working with
Thruvision to bring innovation to our physical security programme.’ David Oliver, Senior Loss
Prevention Manager, Morrisons.
Traditional distribution centre security consists of often ineffective metal detectors and invasive
wands, resulting in unseen theft and HR issues. Thruvision’s people screening solution captures all
types of items including liquids, foodstuffs, cosmetics, tobacco, electronics and clothing. The system
is completely safe, proven and fast.
‘We are extremely proud that Morrisons will be utilising Thruvision screening as a key technology in
their DC security infrastructure.’ Alex Brundle, Vice President of Profit Protection Sales, Thruvision."
https://uk.movies.yahoo.com/thruvision-moves-to-change-the-future-of-body-scanning-130000961.html
Interesting to see a live demo
I gather that it is the same funds who bought into this are the ones still holding at very large losses. Been holding a very long time if so. Would normally cut their losses.
"Digital Barriers plc ("Digital Barriers"or the "Company"), the specialist provider of advanced surveillance technologies to the international homeland and defence markets, is pleased to announce a conditional placing of 7,172,414 new Ordinary Shares at 145 pence per share to raise approximately £10 million (after expenses) for the Company to further implement its stated strategy". 6th December 2012
IPO 2010........ 20 million shares @ £1.00 per share to raise £20million Digital Barriers
Will the company be buying back more of its own shares and disposing of them in the next few days; it still can up to a maximum of 24,752,990?
I only bought into THRU because of a contact saying there was a high chance of a takeover and has quite a lot of shares. I used to own Scoot/Coe but made a loss on them big time. Havn`t traded shares for over 3 Years but my contact is a very successful share trader so bought in. Prefer crypto trading but this one is worth the gamble in my opinion. Lets hope my contact is right.
ROCKETVI Remember the shares were then acquired under the old name of Digital Barriers ticker DGB (now a private company since the buy out in October 2016) and much of the info has disappeared. But many shares from what I can remember were purchased at a price north of £1.00. Wished I had kept copies in hindsight. The II's are still sat on a large loss!
Thanks for that. I wasn`t aware that the II`s had bought in at prices above the current S.P. Do you know what price range they bought in at ?
Why the company was still shown as a loss making entity at year end I posted on a previous comment. Thruvision for reasons as yet unknown to us (the PI@s) did not want it to be otherwise. Remember the largest II's with millions invested here bought in on multiples above the present price. If they have patience and in full knowledge of 'real and present trading' then I believe we should follow them in holding. OMO as always.
Seems strange that PI`s were not allowed into this meeting although it wasn`t an AGM but a private one correct me not. The technology that they have brought onto the market has massive use all over the World and i believe that they are the only Company at present that has a use case for the scanners and future orders. It would be better for an early takeover before others get into the market. It makes sense that II`s are not going over the threashold to avoid having to make an offer. A takeover seems the only logical reason why they are holding as it is a loss making Co on paper...Will hold for 6 Months.
ROCKETVI.......The II's alone have been informed as to what is really happening behind the scenes. My suspicions were confirmed to me that this was a good share to be holding when, ordinary private investors were barred from attending a Capital Markets Day held in February. What other reason could there possible be to keep the II's 'onside' other than a possible take-over. As other posters have said already, it's in the DNA of the chairman. If true major players such as Cisco would probably be in the frame. OMO as always.
Can understand why II`s are holding onto most of the share issue. It`s not for the dividend...A sniff of interest will see the the share price treble IMO.
Good overview and demo
https://twitter.com/YahooFinance/status/1146118674333310976?s=19
Investec bank having to do some trades to keep their S.I. ticket this week.
Red hot for takeover.....
Noticeable is 1) that millions of dollars of sales in both the US and Asia have been 'held over' into this year 2019/20 using the usual business practice of blaming third parties as excuses for delays. Obviously Thruvision does not want to announce it is in profit yet, for reasons known only to themselves (and perhaps the II's)
2} that the chairman Tom Black is admitting of his long term close relationship with Thruvision, and has stated that another director will be added (sometime) in the future. Is this following a major 30% institutional investor withholding support to pass last years remuneration package co-incidental?
3} Point 8 Ref Share Capital near the end of the report points to 196 million odd shares being cancelled following last years tender (buy back) offer. Has someone got a decimal point in the wrong place? Not that many shares issued altogether. No doubt the mistake will be rectified when the full results are submitted to Companies House either later this week or next month.
All in all a great year, and one that bodes well for the future.
Tbf....I'm sure production can be ramped up further if necessary. However It would be a wonderful position to be in.
Very valid points but nothing we can do about it re the AIM market. Re the production units per month, i am certain that once they get the inquiries that look to turn into orders, they will increase the production rate.
Anyway, i am still banking on the fact that more than 93% of shares are held by major II's, They surely wont wait for their investment to pay out based on trading figures. I hope they are expecting the co to be bought out by another bigger entity for a major premium. After all , that's what Thru's current mgt did with their previous company which they sold to BAE for a huge price !!!!