Member Info for zatcha1980

Could have been a good punt at 1.10.

1.35 - 1.75 Nice

It nearly has the same recipe to CPX. If you can still get below 1.5p then youre lucky.

Last trade before market close was a buy at 1.49. I think there was only couple of sells and plenty of buys indicating risk appetite where peeps willing to buy below placing price. 2p easy target in week or so.

9th March - 1st Rental Contract Win - Install iTrack on its entire fleet of Caterpillar 797 haul vehicles at its Ravensworth mine. Supplying the sensors on a straightforward sale basis, the rest of the system will be supplied for an initial setup fee, followed by monthly service/rental payments. 9th April - 2nd Rental Contract Win - supply its iTrack mining tyre monitoring systems to the entire fleet of 46 large haul trucks at its Spence copper mine. Translogik will receive ongoing monthly payments, per vehicle fitted with iTrack 13th August - 3rd Rental Contract Win - supply 47 iTrack mining tyre monitoring systems for large haul trucks to the Saraji coal mine. he contract includes the sale of equipment on a finance lease. In addition to the sale there will be income from service and rental for a minimum period of two years.

1. 3m in cash. 2. Below previous Placing Price of 1.5p 3. Rental Contract Win with Glencore Mining (9th March 2015) - We are also currently engaged in promising trials of iTrack with other mining companies in Australia 5. 1.1m deal with Rema Tip Top UK (12th March 2015) 6. Rental Contract Win with BHP Billiton's (9th April 2015) - BHP Billiton have several large mine fleets in the region and we are hopeful that the productivity and safety benefits provided by having real-time tyre data will open up further opportunities for us 7. Memorandum of Understanding with GE (18th May 2015) 8. Another Contract Win with BHP Billiton Mitsubishi Alliance (13th August 2015) Taken from CEO Statement: The new rental model is now beginning to generate a meaningful and growing ongoing revenue stream. Winning 5 Contracts from March till August is good indication of turnaround. BOD not messing around. Its more to do with Product being matured, trialled and getting them out there. Were at the stage of fitting the equipments and being paid on rental basis. And sale on asset is more likely to happen but this depends on whom they are talking to.

If you were in from heady heights then for sure i can understand the negativity... from these levels, there is a possible turn around story especially if they can get a good price for iSaw in the short term, reducing over heads and also getting cash in the bank... dunno what your average is but if its less then 10p might be worth pumping more $$$$ in and get out break even... Management have been pretty proactive and seem to be doing all they can in tough market conditions.

We have received significant interest in the iTrack system due to its accuracy and ease of use compared to competing systems, and I am confident that this high level of enquiries will translate into further uptake."

What about a tie up with SEE ?

Actually i still hold KOD and i dont post as there isnt much to say about it. If it comes good then hurray if not then no biggie. I know what i bought and the risk involved. Didnt we both get shafted on ADSS? Didnt we understand the company well on ADSS as we were confident based on the information available on public domain? Everyone makes mistake and again if you feel my word joker offended you then apologies but i enjoy discussions whether its negative or positive. Keep posting boys.

You stated they have been talking about it for 12 months. Is this relating to sale? If so i cant find it anywhere in last 12 months RNS by the company mentioning a possible sale unless you can tell us where it stated in past RNS to confirm discussion or even a hint of selling before March?. The RNS in march mentions the sale and hired us based advisor to deal. I am pretty sure they have buyer in US interested. The RNS also state they hope to sell just after financial end which is 30th June. However cash required to implement the new rental model. Again all this was in march RNS. Since then the company has won contracts on rental basis so reoccurring revenue. Im expecting more rental deals to come as BHP has several mines in region and to have rental agreement in place on all mines would secure revenues. I understand from your point in regards to intelliSAW however we either sell it or written down. If you look at how the funds raised will be used certain element has been put aside for the division 350k for disposal. So assuming were ok till September final results? Either way the company has made a good decision going down the rental route due to downturn in mining sector and cutting cost. If they stuck to previous strategy then the company would have gone the way like ADSS SP. What brought my attention is the amouny of contract won in short period of time. This to me shows BOD not sitting around getting paid for nowt like some othe companies on AIM. This is recovery stock and like i mentiones above expext more deals to come before final Results RNS.

Joker

Just popped through. Look like youre right about overhang clearing

on ISDX at 15:43 14/08/2015 15:43 133,892 @ 1.49 Last trade seen.

no buddy was on conference call sharing my screen with seniors :(

Nice one. MRS looking good for you there. Hopefully next week we have more blue days

350k at 1.45p popped up. was it you? :)

Not full ask but want 1.35

1.35

Now