Member Info for hunkymonkey

Even if $500k gives the wiggle room to get $50mln+ worth of orders out?

Let's see who's right in the next 3 months

Probability couldn't get the paving done? A labs were keen don't you think? 40% premium? I think that invalidates your hypothesis

Again, negative slant - riskier?

Well, that's when you put your faith in the BoD, the BoD are not risky and have always supported, they are conservative of anything

The contrary to what you say, 24% Vs equity at a discount and a multi bag screwing share holders.

Are the contracts there? Yes? Is every single one going to fall? That's your argument, which for so many to all fall seems a little silly. It's only $500k Vs $56mln of the known figures.

You have to contextualise against the known income. That's how you get balance rather than making sweeping general statements

Are the terms great - no. I'm also sure they are worse than most in recent years. I'm also positive that rates are much higher now, to what you're comparing to, it's like comparing apples and oranges

We have to also be honest, we're negotiating from a position of weakness (all time lows pretty much)

But latam up to $40mln
Argentina starting 2023 up to $16mln
Overhaul - integration so amount unknown (they are a bln $), I think we're talking at least 1000s of units

So if "bad terms" helps get the above away, then so be it, especially with share holders largely protected from the raise. They are getting their money from the rates, rather than the equity and screwing holders

Choose your side of the fence

That's the viewpoint through a negative lense.

Or... Given the current mcap and increase in borrowing money world wide, higher rates and extra security is needed. Both the BoD and the finance company are satisfied with the terms, could it be possible that the BoD are certain that they will deliver and the finance company has seen evidence that it will be satisfied through the signed contracts?

Depends on which side of the fence you choose to sit.

No reason to think that any different after today

No

The contracts are there, we know what's imminently going to deliver latam and over haul. With Argentina set to deliver thereafter.

This is to fulfill those orders. Great raise, shareholders protected (again). Final straight in my mind

Equity Subscription

The Company has raised £90,000 through the subscription by 12.64 Fund, a fund managed by A-LABS Finance & Advisory Ltd, for 1,000,000 new Shares at 9p per share, representing a market premium of over 40% as of the last market close.

Impressive

https://www.**********.co.uk/rns/announcement/47c2657a-0e70-418e-8f5f-9b0868475c6d/

And for the right reasons. Next, deliveries

Latam
Bulgaria
Argentina
Phillip morris
Overhaul

It's not all going to be a damp squib, each/any could be company defining for us, given our current mcap

Let's start by getting it out of the way, there are no figures attached, so how can you value it. That's accurate and fair.

However....

I referred previously to, we're dealing with a different clientele, overhaul are $bln company, who is already tracking

They've chosen us, which tells us, little trac have something we don't. Anyone hypothesising to what this contract is worth either way, will just be pushing their narrative either positive or negative.

I prefer to look at

Latam
Bulgaria
Argentina
Overhaul

All signed, we're also aware of multiple additional high profile pilots.

If all of the above start delivering in tandem then, these are the foundations to a company valued significantly more than what we are now. If only a 2/4 start delivering, we'll be valued quite a bit more than what we are now.

We're in a much better position than our mcap suggests.........

The truth is, we're all frustrated, my point was, anyone who wants to view this company through a negative lense, can do so. But those viewpoints are taking the current situation, with a sprinkle of past failures. The BoD have asked for Q1 to deliver, that's accurate, so if q1 comes and goes without significant orders or correspondence, then there's a whole new slant here.

No one was more critical of this company than me, i remember when a group on here were trying to champion crop x and zero as some company defining contracts - they weren't. But this is a new era, new contracts, different clientele. Previously, we were dealing with startups, these more recent contracts/pilots have been major ports and multinationals. So to view the current deals in the same light as previous startups, isn't offering balance and context in my view. But again, others may disagree

As for the extreme annoyance, people have asked me, am I going to buy more etc etc. Truthful answer is, no. Why? Because aim is brutal, I've lost 6 figures being over invested and over confident previously, it's the worst feeling in the world. So I get it your frustrations.

But I'm happy with my average, I'm happy with my holding, which ever way this investment goes, rerate - makes a decent impact to me, crashes - comfortable with the loss, that puts me in a nice position. Aim is the most stressful place if the above isn't adhered to!

Another difference is, I'll acknowledge negatives, I've no problem with that. But to only highlight negatives, offers no balance. To not acknowledge the shift in clientele, new breed of contracts and impressive pilots ongoing isn't fair.

Anyway, I understand your situation a little better and hope things turnaround. I get it

Thing is, what foxhill say is correct, right up until the moment that we deliver significant volumes

A couple of points over the past week or so, "failed to convince the markets". Sounds great, but what/who are the markets? We are largely unaffected by exchange rates, investment institutes or geo political activity. we're so small, it doesn't register down to us. Who affects us is, Dave down the dog and duck, who's an unsophisticated investor, who's run up a cc and needs to pay it off. Who originally wanted to take higher risk for the payoff, of a higher return

We are a micro cap, and are priced to fail, that I agree with, and right now that's fair. We've been trading (or treading water) for nearly 20 years, and to this point the company has been largely a failure (certainly in revenue growth terms).

https://www.londonstockexchange.com/news-article/TRAC/interim-results/15628015

The above is probably the most important rns, as it states the revenue(s) expected, along with more potential orders. To coincide with the above the BoD have also asked for q1 to deliver at the latest agm.

So if you look back, and want to push, they haven't delivered for 20 yrs, why will they deliver now? That's factually correct in one part, mixed with an opinion. that's fine, I would suggest that you don't own shares in this company

Alternatively, you can read the above rns and say, they haven't delivered historically, however this looks like the turning point. Along with that, I don't think you find anyone saying the BoD aren't to be trusted, and they've asked until q1

Both are acceptable opinions, Both are okay. but ultimately, they are the two sides, they are only opinions ultimately. They stem from the people invested and those who aren't (or shouldn't be)

Good luck to those everyone

http://www.heliostracker.io

Something looks to be developing here

But there are so many shots at goal! Latam - 500 units delivered and confirming more to be sent q1. I'd say, if you don't think latam will deliver, I really don't see why you'd be invested? I honestly would have sold out if that was the case

That's with Argentina contract commencing 2023, q4 deliveries very likely. thats why I'd sell, without q1 deliveries from latam, cash will be required.

Once one contract delivers it alleviates the pressure from the entire company and ongoing pilots. Then there's the ~20 pilots ongoing. Even if we land 2 more contracts that makes for amazing growth with the 2 above, given our current mcap.

The recent drop was due to someone i "know of" selling more out of necessity, not someone "in the know"

On the money ctw

The contract signed for latam 17/12 is what was discussed at the agm. due to deliver volumes by q1

Then there is this contract due to commence 2023

https://www.londonstockexchange.com/news-article/TRAC/significant-distribution-agreement-in-argentina/15537690

I have personally spoken to the BoD and confirmed that it is "in addition" to the latam on the 17th Dec

So given the original latam is due to deliver q1 and given the argentinian contract will deliver next yr - I hypothesis q3-q4.

2023 has the potential for t42 to finally see the turnaround

It all depends on if you're looking forwards or backwards. if you look back and push the narrative that star didn't deliver - you're right. no one can argue with that, historically delivering meaningful units has been poor. If that's your viewpoint - move on and good luck

If you think these contracts are the turning point, then you also need to consider how the BoD have acted in the past also. They haven't diluted us to death, primarily because they are so heavily invested themselves.

So with that, given how close we are to q1, do I see a raise before then to keep the lights on - no. Certainly when we're do close to meaningful revenues.

The company has had low cash reserves forever, it boils down to personal opinions on the above. There's no point in back and fourths, of "they need cash" and "no they don't"

Should you be cautious with t42, well I say you should be cautious with all of aim shares.

But, right now Trac is priced to fail, so if t42 can deliver significant units without a raise, then the reversal in the sp will be substantial. Igor and the BoD have been savvy on limited cash reserves. Butto indulge you about a raise, the only scenario I see one is to get significant units out of the door (which I don't really buy into as I think they'd get finance), which would grow the business and see a reversal in sp too (not as high as the previous scenario)

Either way, units end up out of the door that validates the contracts and makes the markets take t42 more seriously. Good luck with whatever you decide

Well according to the agm and the t.u, the latam deal is due to deliver between q4-q1 at the latest. The BoD have generally shielded investors from dilution, through credit channels and BoD loans.

Any investment in aim is a risk, but what the LTH are hoping for is latam delivery to come to fruition, which also leads to the argentinian contract commencing in january. To have two contracts delivering in tandem would mean a massive rerate from the current levels.

Risk vs reward, the contracts are there. Everyone entitled to their own viewpoint, I wish you would he best of luck if you decide to invest here or elsewhere.

To offer balance on that nig, the t.u asked for H2, but as you said Igor said Q1, therefore if we run into Q1, I don't think it would be much. It's all semantics over a few months for how long we've been holding

Certainly positive, DHL doing the leg work. Anything of substantial orders, would likely go to pilots first though? There's plenty going on, bodes well for the pipeline of course.

So we know latam is due to start delivering within the next 3 months, which coincides with the Argentinian contract commencing

I've discussed with the BoD the Argentina specifically, and I get the feeling it would be 6 months before we're delivering significant units (my take, not what they've said), but once they are both delivering, that's the beginning of the company in my eyes.

Throw into the mix Philip Morris which must be nearing conclusion and 19other trials. Potentially, a huge reversal from these levels.

For me, everything is there and just a small amount of this delivers, it really isn't bad from our current mcap. Oh and none of the above include legacy business

Hope we say goodbye to this sp sooner rather than later....... I don't think we're too far away (at least I hope)

Other, more subjective things were mentioned like, tech tie up with a bigger company, but I'd rather stick to the the here and now with conjecture out.of the equation. But I'm happy, if I wasn't I genuinely say