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Yep.. and with revenue forecast figures which is good for viability.. interesting to see how this goes this week, seen some others move massively of late on deals with no figures
Is RNs out??
Stock vanishing fast online at 7.25p
Well luckily this time the mm's were onto the deal so none of the usual pump and dumpers could get in low and then dump quickly again, now people have to pay more than a fair price of 7p+ unless they try and shake it again but people will probably pounce on any dips this time, the market cap is crazily low, the deals are flying in atm for trac
I can’t get my head around it’s low value vs order book.. like you say would expect a significant jump up at some point.. probably more orders in works too .. plus the low shares in circ.. can only assume it’s not well known.
I've added more, the market cap is nuts on the low side with all these deals and orders. It needs to be at least double or even treble this, maybe in a few hours time they might be paying 10-12-14p
It certainly looks good, you just never know with AIM shares at the moment. Might take a few sessions to sink in. GLA
This has to do 200-500% now, these are serious deals
GLA
Nice to see it up, does not take much buying to move good old Trac
The recent change to issuing RNS's before orders have been confirmed smacks of signs of desperation by the BOD who seem intent on trying to release good news to the market before the terms and conditions have been agreed thus having a more negative than positive effect which means that the improvement in investor sentiment fails to materialise.
Let's also not forget that back in June 2022 the BOD announced that DB Schenker, one of the world's largest logistics providers, had commenced an initial pilot programme of t42's tracking locks. The pilot programme was expected to proceed for some months following which t42 hopes to initiate commercial discussions.
I might have expected to hear more on this front by now unless the sale of Schenker's is holding back a decision. If that is the case then let the investing community know rather than allowing them to draw their own conclusions which will usually be of a negative disposition
I wish Trac would also stick to 7am Rns's, if they have news to issue do not do it at a random time during the day just wait until the next morning and issue it them. It might stop the pump and dumpers buying and selling again and stalling the price but once again this is happening everywhere. in 25 years of internet trading I've never seen stocks go dead so quickly after great news. Day trading culture has certainly killed the game, the mm spreads fuel it and in a nutshell they both cause their own demise which is less or no profits
I agree with Foxhill here. To really turn the sentiment (which can turn in a blink of an eye) we need the following to materialise.
1. RNS confirming the initial order of 10,000 units based on latest new release to be issued
2. More news on the collaboration that was announced in 2023 regarding the development of a new product for refrigerated air cargo supply chain. No doubt, the development is probably still on-going but in the words of T42 - "This innovative solution is expected to enable our clientele to uphold the upmost integrity of their cargo and the Board believes the offering will represent a paradigm shift in the air cargo industry, empowering shippers with unprecedented control, efficiency, and profitability"
3. larger orders from the partner referenced in the Feb RNS
4. The next order from Mexico which should be a larger order
5. Any further news of new partnerships and additional revenues
Too many negative people here stuck in the past. I for one think they have turned the corner in a big way hence I hold a decent amount. Used to the spikes and the dead it's happening to all stocks now but no point in selling so low the penny will drop eventually here
Need to be seen to bloom as described in the RNS’s - which has yet to happen. Too much non-committal from clients and not enough repeat orders.
Agree.
The key is getting more devices connected and therefore more recurring revenues due to software services.
This will take time but I believe there is sense for some cautious optimism
Within the past 12 months t42 have announced contracts in Brazil, Mexico, a long-term agreement for Lokies in February and last July announced a collaboration into the refrigerated air cargo supply chain, following a partnership with a leading global firm providing sustainable solutions across the cold chain.
The company appears to be turning a corner and there are clear indications that customers are acceptive of and adapting to their technology. The new leasing structure is now receiving recognition and the scale of future orders will be dependent upon the necessary funding being secured.
It has been mentioned previously that we had over 20 pilot studies in operation and the recent Brazilian contract was in the pipeline for 18months/2 years before the customers required operational standards were achieved so there's evidence that a lot is happening behind the scenes. It's quite feasible that we have other opportunities in the pipeline which can't currently be actioned until the funding is available.
So the future is beginning to look more positive and we're gaining traction in the market with repeat business from existing customers. However, I don't think we're going to land a huge contact which will transform the business over night. It's more likely to be a case of steady as she goes as we slowly build momentum until we can become self financing.
Furthermore Helios Tracking have added further features to Helios Advanced which appears to be performing strongly in the African market, especially East Africa and is contributing strongly towards the business.
I'm more inclined to think that a large competitor will seek to buy the business at some future point when its grown sufficiently to become a threat towards bigger and better financed companies and I hope we can manage to obtain a premium price as and when that eventuality occurs.
The Container Tracking Market is expected to grow from USD 10 Billion in 2023 to USD 23 Billion in 2032 driven by the growth in international trade and concerns regarding cargo theft and security.
The high initial cost of smart container tracking solutions coupled with the integration challenges and compatibility issues has thus far continued to hamper market growth.
However, the surge in the development of customised solutions for industry specific needs along with the global expansion of cross border trade is presenting significant opportunities for market expansion .
The hardware segment is expected to maintain its leadership status as its components are primarily designed to mitigate risks by offering early warning systems and enabling proactive measures to potential threats. The software segment will see significant growth as advancements in technologies such as IoT,RFID and GPS have made it simpler and more cost effective to track containers in real time.
The GPS segment is anticipated to witness the strongest growth rate owing to a rise in the need for compliance with regulations and standards governing the transportation and handling of goods along with the requirement to focus on meeting consumer needs for transparency and visibility in the supply chain .
By mode of transportation the maritime segment will have the highest growth but the air segment is growing strongly driven by e-commerce which is creating higher demand for air cargo services.
Healthcare is anticipating strong growth owing to the rise in the need for tracking and monitoring temperature sensitive products along with the presence of stringent regulations .
The Asia-Pacific region will have the highest market share due to the robust growth in e-commerce operations . Also, the strict implementation of regulations relating to cargo security and transparency has driven the adoption of advanced container tracking in this region.
Ongoing developments and improvements in port infrastructure in countries such as India , Singapore,Malaysia and Vietnam are crucial for efficient container handling which is further paving the adoption of container tracking systems. Latin America is behind the curve because of lack of financing and the febrile nature of their local politics which is extremely volatile and often rife with corruption. However, as more US companies are nearshoring their supply chains in the likes of Mexico and Brazil, the US government seems more prepared to offer finance at affordable rates to enable them to make the relevant investment in their infrastructure so that they are also able to compete on the global stage.
Good post Nig. As a long time investor patience is one thing that I have had to have in abundance. I may have said this before but this could at last be our time.
Those small trades could just be investment platforms selling their clients shares to cover monthly expenses. Happens if there is not enough in their cash account
Can anyone explain why there are so many small trades when there is a bit of activity in the stock?
I think the other thing to point out is we don't know what else is in the works - regarding other contracts or deals... I do sense optimism from the recent RNS's and the technical know-how to deliver after trials which are lasting more than a year!
The current market is completely different to the pre-covid situation and I don't expect the recent news to have any significant impact upon the sp as the order is not yet confirmed and according to the RNS there are other caveats incorporated within the Distribution Agreement.
T42 has flattered to deceive for the last 6/7 years as they were constantly on the verge of material orders, none of which subsequently materialised. The purported LatAm contracts have run into problems at a local political level and until those issues are addressed by the relevant government it doesn't appear that further progress will be made in the short term.
This is a relatively illiquid company which lacks the necessary funds to finance contracts of the scale they are hoping to win. It's been loss making for several years and has required placements, CLN's and bank/other loans to finance those losses and support their innovative R&D programme.
They possess a good suite of products with the technological solutions necessary for those wanting to digitalise their business and have also addressed their connectivity issues which should stand them in good stead. However, digitalisation requires a huge capital investment and it's taking longer to achieve for various reasons but usually associated with raising the required finances. Also, the infrastructure in LatAm- which is thought to be their strongest market- has not been of the standard required to enable this transition to proceed seamlessly. The delays in resolving this, which are often political, have hampered t42's efforts.
Last year they negotiated some long term loans with 2 corporate entities which may provide the financial backing to support material contracts. However, there is scope for these loans to be converted into Equity. If they are successful in expanding their order book then it's highly likely these loans will be converted which will significantly dilute existing LTS's and those bought before the conversion take place.
There are promising signs the company is turning the corner but any future good news may be sold into by existing long term shareholders and we'll have the customary antics of the day traders to contend with, as well. Also, before the sp makes any significant headway I think Investors will want to see strong financial results which indicate t42 has finally turned the corner.
This may come but again it's not going to be short term and investors will have to demonstrate patience if they wish to realise the level of substantial gains which successful hi-tech companies are capable of delivering.
Amazing how quickly stocks on great news become "fish and chip paper" or dead. Not one buy today blimey. In 2020-2021 it would have went to 10-15p on yesterdays news.
The latest customer is expected to enter the international market / other markets with the work they have done with T42.
New markets means more orders. Hope they do well in their aim of entering the international markets.
Looks like we are finally gaining some serious traction.
RNS to follow once the initial order of 10,000 is placed. Quite a sizeable amount!!
4.43-4.9p now much stronger after £5k buy at 4.9p, only people selling are the idiot day traders who paid 5p+ and sold for 4.2p. Everybody who has invested here sees double figures