Member Info for pelleeds1980

I thought they had turned the corner with the order book etc etc...is there any long term value in this? Olympic games coming up aswell?

Im still hanging on to the ones I bought - lot of buys going through you know anything StockTrick?

Whats going on with this share price someone please tell me?!

Not alot of buys but huge move up anyone got any info?

It seems you are right - good movement today

Looks like this one is off the cliff now any way back?

Thank god for some movement on this and in the right direction - hopefully they can build on this a bit, first divident due soon too so fingers crossed for this.

Is this coming back up can you see more than the basic user?

Bl00dy hell this is dropping like a stone - aaagggh!

Thought this guy was pretty hot surely he wouldnt back a lame horse?

The Board Several Board changes have occurred subsequent to the rejection of the Bishop proposal at the EGM. My predecessor as Chairman, Peter Woods, and Tony Baldry retired immediately, followed shortly afterwards by Graham Eves, who resigned as Commercial Director. Howard Pearl, Finance Director, and Jim Perry, who was Chief Executive for 17 years, have also recently retired as Directors. The Board now comprises Ray Lohr, who continues to give us the benefit of his excellent skills as Technical Director and Rodney Westhead, who was appointed as Non-Executive Director in 2007 and who brings to the company his substantial experience from within the automotive industry. The new members are Melvyn Segal and Graham Storey, who have been shareholders in Transense for several years. They have the commercial skills and determination required as Transense seeks to supplement its existing licensees and widen the applications for which its technology can be utilised. The position of Managing Director has yet to be filled. We are currently finalising negotiations with a candidate whom we believe ideally fits our brief - an industry heavyweight with considerable experience in commercialising automotive IP. We hope to complete these discussions in the near future.

Results In 2007, there was no repetition of any licence fee income from Honeywell, as the series of upfront payments agreed in the original licence agreement had already been paid and accounted for by 31st December 2006. There has been modest growth of revenue from engineering support work, and we are seeking further opportunities to exploit our technical expertise from consultancy work. Revenue for the year was £145,000 (2006 - £604,000 which included a £500K licence fee). Pre-tax losses for the year increased to £2.754 million (2006 - £1.324 million), exacerbated by the significant abort costs from the failed Bishop transaction and the cost of the Board restructuring.

Chairman's Statement The last twelve months have probably been the most eventful in Transense's relatively short history. The proposed reverse takeover of the Bishop Technology Group was rejected by shareholders in November 2007, and in early 2008, during an extremely difficult time for Capital markets, a £4m fundraising was completed, bringing with it new institutional support. Several Board changes have taken place following the rejection of the Bishop Group proposal. I believe the commercial experience and determination of the newly constituted Board, together with the strengthened balance sheet and shareholder support, puts the Company in a much improved position to commercialise its world leading SAW technology. Our strategic review is ongoing and will not be finalised until a new Managing Director is in place.

Bought this due to the heavy discount yesterday and results due out end of April should recoup some of the losses by then

Is this drop linked to the Mozzarella contamination?

That's good you're breaking even im on the way back to where I was (34p average )but it's been a slow burner but think ill hold onto this for a bit. Im pretty new to all this but seems this share has been getting some good press, there is good coverage on iii with a few people posting a few bits on there now and again....I dont think this is a 'fashionable' share and it's been a bit frustrating watching it sink but with the dividend back on it should be a half decent prospect. The Jarvis deal sounds interesting. Can I ask what your 'strategy is' ie. do you hang onto shares until they hit a certain percentage gain or something else?

I bought into this on the recommendation of the Paul Hill tipping service which was trumpetting it but since then its gone South if you look at the SP since September its gone one way until recently at one point I was down 40% on my investment but hopefully the corner has been turned. With the Lodon Olympics there should be some good opportunities and the company seem to have a good record of delivering to time. Randalf are you in on this one?

I am currently in at around £900 loss which is about 40% down on my investment are you in for long term?

Got average holding of 34p was debating topping up to get my average holding down but given the performance of this share over the past 6 months or so bottled out....hopefully this will be a performer over next year to 2 years now..

Anyone explain the big fall?