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Pin to quick picksTracsis Share News (TRCS)

Share Price Information for Tracsis (TRCS)

London Stock Exchange
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Share Price: 800.00
Bid: 790.00
Ask: 810.00
Change: 5.00 (0.63%)
Spread: 20.00 (2.532%)
Open: 795.00
High: 800.00
Low: 795.00
Prev. Close: 795.00
TRCS Live PriceLast checked at -

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Thursday newspaper share tips: Investing in Legal and General a good insurance policy

Thu, 05th Nov 2015 11:13

(ShareCast News) - Betting on Legal and General may be a good long-term strategy, according to The Times's Tempus.The insurer posted a 14% rise in net cash generation for the first nine months of the year on Wednesday as it said it is ahead of its target to deliver £80m of operating cost savings this year.Tempus said the business is having a bit of a tidy up as it moves its operating model away from having large amounts of capital to a model whether others take on the asset risk. On top of that, it is selling non-core businesses around the world, leaving markets where it doesn't have a large base, and cutting £80m in costs this year.However, Tempus noted its performance really comes down to cash generation, which beat market forecasts again. This frees up money to cover an assured 13.5p dividend which offers a 5% yield. For those reasons, it has suggested the shares are worth a long-term buy.Over in The Telegraph, Questor is keeping an eye on a few smaller stocks, particularly traffic and transport analysis group Tracsis.After the AIM-listed firm reporting a solid set of annual results on Wednesday, the share price dropped 2%. But based on some healthy cash generation, its long term growth prospects look good.Questor highlighted that software contracts are long-term in their nature, which makes the company very cash generative. This led cash levels to rise from £8.9m to £13.3m at the end of July. With the shares highly valued and an expectation that pre-tax profits will increase more than 20% to £6.1m, Questor says it's a share worth buying.
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14 Jun 2013 08:15

Friday broker round-up UPDATE

Amlin: UBS starts with a target price of 400p and a neutral rating. Cairn Energy: JP Morgan takes target price from 320p to 340p maintaining a neutral rating. Catlin: UBS initiates with a target price of 475p and a neutral rating. Chemring: Credit Suisse increases target price from 210p to 260p a

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14 Jun 2013 07:53

Tracsis stays on track despite order delays

Traffic and transportation technology group Tracsis revealed immediately increased margins at new acquisition Sky High and an encouraging outlook in the rail market. However negotiations for a major condition-monitoring contract had not progressed as fast as hoped, with orders now expected to arriv

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4 Mar 2013 12:53

Tracsis unveils 50 per cent rise in half year pre-tax profit

Profit before tax rose 50 per cent to 1.7m pounds in the six months ended January 31st at AIM-listed Tracsis, an interim management statement issued by the company has shown. The company, which develops and supplies reporting technologies to the transport industry, reported that revenue had increa

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8 Feb 2013 10:00

Tracsis shares jump after entry to rail freight planning market

AIM-listed technology group Tracsis has signed an agreement with a UK rail freight operator to supply a customised version of its TrainTRACS crew scheduling software. The contract is for the provision of software, support and additional development work and will run for three years with annual rev

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30 Jan 2013 13:29

Tracsis upbeat statement fails to lift shares

Tracsis, an AIM-listed technology group, delivered a positive update on Wednesday, but the contents fell short of investor expectations. The group said trading in the six month period ending January 31st has been buoyant, with revenue set to be in excess of £4.0m (H1 2012: £3.7m). It is expected

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13 Dec 2012 14:04

Tracsis wins contract with New Zealand transport owning group

Tracsis has won a contract from the New Zealand operations of a worldwide transport owning group, the company announced Thursday. The contract between the UK transport technology firm and the New Zealand group includes a combination of software licence, support and maintenance, project management a

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31 Oct 2012 16:01

Tracsis jumps after impressive year-on-year growth

Tech group Tracsis managed to more than double both revenues and profits in the year to July 31st, causing the shares to jump on Wednesday. The company, which specialises in resource optimisation software, condition monitoring technology, and consultancy services to passenger transport industries,

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10 Sep 2012 16:01

BG Group director sells vested shares

An Executive Director of natural gas giant BG Group has sold 56,034 shares in the company to cover tax and social security liabilities (and associated dealing costs) following the vesting of 103,890 shares earlier this month. Martin Houston sold the shares for 1,269.07p each for a total of £711,1

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6 Jul 2012 15:59

ReThink Group CFO buys 1.4m shares

Steve Wright, the Chief Financial Officer of ReThink Group, has purchased more than 1.4m shares in the recruitment and technology services firm. Wright purchased the shares at 7.00p each and for a total of £100,000. The company's share price has fallen over 25% in the last year, equal to 2.62p.

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26 Jun 2012 09:23

Tracsis rockets as profits soar

Scheduling software firm Tracsis rose sharply in morning trading on Tuesday after saying revenues in the 12 months to the end of July will 'significantly exceed current market expectations'. The company now expects year end revenues will be in excess of £8.5m, with adjusted earnings before interest

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6 Jun 2012 15:54

Tracsis tech officer ditches shares

Raymond Kwan, the Chief Technical Officer of Tracsis ditched 750,000 shares on the same day the firm announced that it considers it likely that the company will exceed current market expectations for the year ended July 31st 2012. Tracsis is a developer, supplier and aggregator of resource optimis

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3 May 2012 13:59

Small caps round-up: Tracsis, Total Produce, Sweett

Tracsis, which helps transport companies organise their schedules and count passengers, has secured a further contract with a major worldwide rail operating group for use of its resource optimisation software. The value of the contract was not revealed. The agreement secures software licence revenue

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25 Apr 2012 11:27

Tracsis raises profit outlook again

Investors were jumping on the Tracsis bandwagon after the company raised profit expectations for the second time this year. It is only two months since the software company, which helps transport companies organise their schedules and count passengers, last lifted its profits guidance, but as evide

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21 Feb 2012 11:06

Tracsis tracking big contract win

Tracsis, which helps transport companies organise their schedules and count passengers, is lifting its revenue and profit guidance after a big contract win. The contract is worth £2.9m and has been agreed with an existing client. Without disclosing figures Tracsis says key financial metrics will b

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6 Jul 2010 12:32

Tracsis Further Contract Win With Rail Operator

LONDON (Dow Jones)--Tracsis PLC (TRCS.LN), a provider of operational planning systems and consultancy to the rail industry, said Tuesday that it has won a contract with a rail operator, and said the contract secures licence revenue in excess of GBP600,000 over a seven year period. -Shares at 113

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