Member Info for LTbeliever

Thanks! Interesting, REAT.L has a similar Mkt cap to TRT; holding down to 0.30% from +10% so IMO this means one of 2 things for TRT;

a) Dowgate had to sell down various holdings, for reasons unknown BUT this process is now complete; OR

b) Dowgate may still sell TRT down to 0%; so, take your pick!

Can u pls give us the link, HInv re Dowgate selling down the other co? Would be interesting to see if that was also sold indiscriminately.

Hopefully, Mgt'd be able to assure us on Tuesday that Dowgate selling is due to messing-up other holdings (eg high risk AI-tech trades) than due to their ack of belief in TRT's prospects; just IMO. Only 2 trading days left before the Interims, it seems that selling has tapered off?

Now it's liquid but it doesn't mean it will be so in eg 6 months; although if it has doubled by then, u won't care too much.

Based on past record, a Trading update within 1-4 weeks IMO.

Are you selling or buying? I think both are doable between 62-62.38p, right?

Tony, if your q is, can I sell 5k shares now, yes @62.01

Hailes, yes, I have been in and out for many years, from the 50p days and before; TRT is a core holding but sometimes I may top slice if I need cash for other investments. At 180p I didn't buy more, sold just a bit, but now I am buying as much as I can (the 7000 morning trade is my mine); I cannot predict the bottom, but it was at this level 4 years ago, with 1mn Sales (now 5mln MIN), losses (now B/E or better), and more importantly, Now it has already invested (since 2022 levels) another 4-5 mln in its mfcing capacity etc, has hired and trained more staff, has more projects/partners on the go and Robotics is a new and exciting area that didn't exist in 2022. Something overlooked is the sensors for the T901 engine/ Apache helicopters etc, which is a big area given that Defence is a huge growth area for the next 5-10 years; despite the US Airforce putting things on ice (and GE spending $+300mln), the sensors have been proven in the engine so even if the US won't go ahead, other Players will be interested (Europe is building its own capacity and I assume Airbus etc will be interested). DYOR

https://en.wikipedia.org/wiki/General_Electric_T901

IMO, the selling has to subside eventually - I am sure Downgate know they are shooting themselves in the foot, so it seems that they were "forced" into selling and not IMO doing so because they have lost confidence in the Co, its Mgt and its prospects.

It could be (selling) down to covering margin losses on more risky trades (AI, crypto, other tech) or simply reducing overall exposure to all things TECH, even at a loss; a fund has to sell, at any SP, to cover client redemptions; as I ve said, the Co Mgt 'd be able to shed some light on this exit, or we ask questions during the Presentation on Tuesday.

Well spotted Redninja; it seems that Dowgate ("ultimate contr. party" as per RNS) has been selling down perhaps at the instigation of Onward Opportunities Plc - could be purely for liquidity purposes and not directly TRT-related.

As Aimnews says, there'd be a lot of buying firepower on the sidelines, waiting for Dowgate to finish; Criseren bought more back in December so it'd be logical to average down soon; as an Insider, they'd be able to do so next week, after the Interims - just IMO. Same for Directors and even the Co for Treasury purposes.

Ladies (or gents), pls let's focus on the analysis; Dowgate is selling (or has) big chunks, the SP is impacted due to this so arguing about posts doesn't change this impact IMHO.

Both of you are correct in your own way, Laura in saying (and Rose agrees I believe) that TRT is way undervalued - but we know the reason - and Rose correctly is highlighting the reported - delayed sometimes - big lots of SELLS.

Rose, it'd be a BUY; I bought 10k @64p about 1 hour ago, as well.

We have 3 trading days before the Interims, so hopefully Mgt can shed more light on Dowgate's selling.

Thus far, Dowgate must have sold +400k shares (because 1st TR1 came when they dropped to 12.5%, so they started selling at over 13%).

Dowgate is a Discretionary Wealth Manager so the underlying HNW client of theirs (one or more) may have decided to raise cash, for unrelated to TRT reasons, or just had enough after the Profit warning; so Dowgate has to sell, irrespective of the SP.

It'd be useful to know if Dowgate is selling other AIM holdings from its client portfolios or just TRT.

Https://www.investegate.co.uk/announcement/rns/transense-technologies--trt/holding-s-in-company/9425911

We can't know this until they go down to 0; but they are only obliged to post TR1s for any 1% drops, down to 3%.

Laura, I agree; Dowgate has offloaded another 1% w/o SP being affected negatively; if they stop selling, SP 'd rise quickly.

If Dowgate are done selling, this is a no brainer IMO.

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=TRT.L#google_vignette

I.e. another 150.000 or so, shares. Let's hope they are done selling!