Member Info for Foxhill

They can’t be running at -$1m per annum anymore then - else they’d already be c$200k underwater.

Shock news, perhaps they’ve actually sold something.

“We anticipate solid performance and growth in 2022 and in succeeding years.”

Still waiting Micheal….

“We are thrilled to provide our Kylos E units to protect high-value deliveries that attract perpetrators, such as tobacco goods. Our quick installation and easy-use solution can prevent the loss of goods and enhance personal agents' security.”

“Thrilled” ? if so, shouldn’t that be “to have provided” ?

And IF that’s PM, shouldn’t that be an RNS?

Manãna

Is that an all time low?

Gotta tell a better, more convincing, story.

Or sell some significant stock. To anyone. ;-)

Courtesy of Col’https://www.linkedin.com/posts/t42iot_meet-our-team-ugcPost-7002634620206755840-S6ZP

No more wise words from Bap - he sold his holding.

Nice buy after close :-)

Just thought I’d put a few questions to Igor;

1) Are you still expecting significant additional orders of Lokies from DHL - or are they no merely a proxy distributor - referring their end users to us.

2) Is H2 now expected to be devoid of any significant contract closures - given that SA has slipped into Q1/2 of ‘23.

3) Was that hope of a stronger H2 pinned on just one deal!

4) Have we sold ANY of the eponymous T42’s that the company was restructured around.

5) Of the many PoC’s currently be trialled - (20+ we’re led to believe) how many (ratio) are to clients approaching us directly - as opposed to DHL referrals?

Many thanks,

Mark.

Still looking decidedly more vacuous than vindication.

Surely those stronger H2 remarks made not so long ago - (presumably with reasonable visibility) revolved around more than just one significant closure - that itself might have (probably has) been delayed into next year sometime?

Manãna

Thought I’d start with the positive.

It all sounds very, and unsurprisingly delay ridden but characteristically plausible. Quite how you don’t have the visibility to know what’s likely to conclude over the next 4 to 6 weeks is a bit worrying. Not even an imminent’.

But the tone and disclosure is bordering on contrite/woe is me in comparison to previous output IMHO.

‘Not the least surprised on Tema - I remain of the opinion that WSG was shafted by their local ‘partner’ at the outset - and suspect that they took Pete’s “Lions share” WSG got just about enough to make staying on to scan for them viable. If so, that’d have been a pretty sour relationship at best.

As for DRC and these other ‘cuspy’ sounding projects - you’d hope that at least one or two might happen - but no-one would be surprised if they don’t. Too many false dawns for those bitten to revisit.

GL to those holding. Johnny and Jake are quiet? Johnny will have sold last week and filled his boots this morning no doubt ;-)

We’ll there you go Jac

Confirmation that they’ve been pretty inept at closing decent deals for about a decade. I’m pretty sure that we were told that chip supplies were sorted for ‘22 - now they aren’t.

H2 is always held up to be the businesses better part of the year and that rarely happens. CTW states we don’t know about H2 thus far - but there’s been no contracted revenue worthy of an RNS - this from an operation that RNS’d the sale of 32 padlocks earlier this year. It’s all still jam.

They justified the RnS of the largest deal (by an absurd margin) that the firm had ever written - and their nomad allowed publication) with an undisclosed/ghostly entity - by stating that they “trusted them”. ‘Misplaced, I’d suggest. A big question mark on judgement then??

DHL “directing end users” - don’t understand how that arrangement works. No doubt someone will explain/excite.

But best not listen to me. My opinion is invalid due to my non - invested status. But, if I was - significantly - perhaps more so than most here - then you might understand why I sound so ****ed off, perhaps.

There is massive potential. Hunky states the bleedin’ obvious. “Until they deliver”.

We are a year into a relaunch of the company which revolves around the T42 product and as yet have sold close to diddly squat of those - during a perceived 18 month period of tech advantage. Now perhaps that period was always allocated to PoC’s? There are 20 or so. We don’t know who generated those though - us or DHL?

Could be massive (Igor’s view) - as long as these arrangements deliver - and don’t replicate OpenBox.

I’ve written off a decent, direct, DHL order.

I think that’s fairly easy to answer - which is perhaps why you haven’t had one yet.

Thus far, that is since the T42’ relaunch, the new business had contributed close to zilch in terms of revenue. The legacy business continues to tick over unimpressively and the SaaS probably provides half their income. I’m no accountant though.

Others may disagree - or put a different tint (rose) on it.

They’ve failed to convince the market that they’ll succeed.

Now the market’s unconvinced they’ll survive. There is no value or belief attributed to anything they’ve said or done in the last 12 months. Nothing.

They’ve always found the money themselves in the past -and unless the AGM was just complete BS, they will again - I imagine.

Can’t disagree with that. The noise was to bandage the H2 expectation sliding (predictably) onto the next empty window.

They always hold up H2 as the period of progress. Never happens. They’ve got six weeks left to actually sell something.

Not holding my breath.

DHL seem more like they are hawking Lokies to their clients on our behalf, rather than commuting to purchase themselves?

Well that encouraged one investor to buy/add.

… yet two still sold.

Sentiment needs 800 volts.

….except the patient aren’t buying at this level….

Some serious convincing required if the board have a care about their SP? I’m not sure they do - until time comes to sell out. Wednesday will be interesting.

There has been a £100k seller. Forced or Fckdoff?

…only the ‘patient’ aren’t buying at this level..

“Children!!”

You might more reasonably ask, when we’ve rebranded the company around the T42 product, why - nearly a year after that decision - haven’t we sold any to this massive tech curious industry?

Virtually all (all?) the pilot programs revolve around lokies.

On the upside the Bod have suggested that some tangible evidence of progress should be seen in H2 (could’ve said Q4!? - but better H2’s are a this far here, unfulfilled habitual hope - so perhaps I’m including the possibility of news in September because I’m clutching unrealistically.

I like “execution” stage.

I also see SA & Argentina serving as running PoC’s for other fence-sitting potential clients.

There remain more questions than answers - but I’m happy to give it until year end to see what develops.

DHL - F’ knows.

ASS U ME.