azhar
- 04 Dec 2003 16:23
I have been in and out of this since it was around late 20s. I think there may be potential in the short/medium term.
ajren
- 04 Dec 2003 20:25
- 2 of 63
Hi azhar.Why do you think there is potential : I am not suggesting there is not?
Unable to find good info on it.Have you read the Licence Agreement article
-Nov 25.It is worth a read and/or more info from -- dlm@melexis.com rgds aj
azhar
- 04 Dec 2003 22:50
- 3 of 63
"The major push forward for TPMS starts in November this year when it will be
obligatory in America for certain categories of new vehicles such as passenger
cars to start using pressure warning systems. Undoubtedly, larger commercial
vehicles, which are outside current legislation, will also fall into line
because of those safety and operating costs associated with tyre blowouts. The
first of these systems, which is already in the market place, is battery
operated. We feel the Transense TPMS still gives us a major edge over these
competing products.
The Company also continues to make steady progress in other areas such as
electric power steering and has recently developed and patented a new SAW
device, which will extend our patents in this area for a further 20 years. Our
licensees are still on target for systems incorporating our technology to go
into production in 2005."
azhar
- 04 Dec 2003 22:50
- 4 of 63
ONDON (AFX) - Transense Technologies PLC said it has signed an exclusive
licence agreement with Belgium's Melexis Microelectronic Integrated Systems NV,
replacing a deal with Atmel Grenoble announced in July 2000.
Under the agreement, Melexis will manufacture a radio frequency Application
Specific Integrated Circuit (ASIC) incorporating Transense's Surface Acoustic
Wave (SAW) interrogation technology for use in torque measurement and tyre
pressure and temperature monitoring.
Transense will receive a royalty on all ASICs sold incorporating its SAW
technology
azhar
- 04 Dec 2003 22:52
- 5 of 63
Transense delays TPMS volume production, unlikely to commence until late 2004
TRS ERN PRD/GBR/AUT/
LONDON (AFX) - Transense Technologies PLC said it has delayed the
commencement of volume production of its patented tyre pressure monitoring
systems (TPMS) and believes it is unlikely to commence until late 2004, with
cash receipts becoming due in early 2005.
ajren
- 05 Dec 2003 10:02
- 6 of 63
Great info.Certainly worth me/others looking into rgds aj
azhar
- 05 Dec 2003 12:27
- 7 of 63
Up a wee bit today
azhar
- 11 Dec 2003 12:18
- 8 of 63
From UK Analyst
Buy Transense Technologies
argues Rob Cullum of Trendwatch
In the autumn of 2000, the share price Transense Technologies was as high as 700p (after adjusting for a share split). At one point it lost 97% of its value. However, the factors that attracted investors attention then are still in place now. Transense is an intellectual property owner. It doesnt make anything. Indeed, it has only 20 staff. What it does have is six patents on innovative vehicle components, most notably its tyre pressure monitoring system.
Transenses device uses a principle first discovered in 1888 by the distinguished scientist Lord Raleigh. He did a lot of research on sound propagation, notably surface acoustic waves (SAW). The physics is too esoteric to go into here. Suffice to say that the principle can be adapted to measure tyre pressure. SAW devices are already a well-established technology. Hundreds of millions are produced each year. There are about half a dozen in your average mobile phone.
The potential for this device is huge. Worldwide, about 1bn tyres are manufactured each year. A recent report by Sensor Business Digest, forecast that, by 2005, the automotive pressure sensor market would be worth $1.345bn a year in sales (200m units). Consumers will love it. Market research shows that 90% of vehicle owners put this device in the top 5 desired features. Thats because the vast majority of drivers dont check tyre pressures routinely. They wait until the tyre looks flat if indeed they notice at all.
That leads to the safety arguments. In France, incorrectly inflated tyres cause an estimated 6% of fatal motorway accidents. In the US, an estimated 250,000 accidents a year are attributed to low tyre pressure. Following a series of fatal accidents in the US caused by flawed Goodyear tyres fitted to Ford vehicles, legislation was passed in the US requiring that every new tyre must have a pressure sensor installed from October this year.
Transense doesnt have a monopoly of the market. It does have competitors, primarily Schrader-Bridgepoint of the US (owned by Tomkins of the UK) and Beru of Germany. However, Transense is thought to have competitive advantages. Its device is so miniaturised that it can fit into the space taken by the tyre valve. The protruding tyre valve acts as an antenna, which transmits the data to an in-car monitor, and thence to a dashboard display. Its accurate, inexpensive and monitors continuously, even when the vehicle is stationary.
Even more important, unlike its competitors, the Transense device is passive it requires no battery power. Thats important. When hundreds of millions of worn out tyres are thrown away with toxic lithium batteries inside, thats a very serious pollution problem. In June 2001, Transense signed a worldwide licensing agreement with Michelin. The agreement gave Michelin the exclusive use of SAW technology in its tyres. Several other major companies around the world, notably US giant Honeywell, have also been licensed as volume manufacturers.
So What Aren't The Shares Soaring?
SAW devices are ideal for use in systems other than tyres pressure monitors, such as electric power assisted steering. This is much easier to install than traditional hydraulic power assistance, which will probably be phased out from new cars by 2010. This is clearly a great story but if Transense is so great, how come its shares are not rocketing? Well, the trouble is: no one is producing the device in significant volumes... yet. Volume production was thought likely to commence this year. Now, Transense says its likely to be late 2004.
What were seeing here is another example of the extreme conservatism of the motor industry. It always takes years longer than anyone thought possible to get the industry to bite the bullet on new technology. But we believe it will all come right for the company before too long. Our optimism is based on several factors: Michelins continued support, the superiority of its technology and the US legislative requirements.
If were right, then as soon as there is an announcement on the start of volume production, the share price is likely to soar Analysts believe it could get up to 71p for each tyre produced. That doesnt sound much; but on millions of tyres, it adds up to millions of pounds. The shares could well double or treble in a short space of time. That means you ought to be in the share sooner rather than later, even if it means your capital is dormant for weeks or months. Recently, the share price has been slipping due to lack of news. This is your opportunity to BUY.
Key Data
EPIC: TRT
NMS 5000
Spread 48p - 50p
Market Cap 26.36 million
azhar
- 11 Dec 2003 14:14
- 9 of 63
Up 4% today
azhar
- 16 Dec 2003 08:36
- 10 of 63
Transense Technologies PLC
16 December 2003
Date: 16 December 2003
On behalf of: Transense Technologies plc ('Transense' or 'the Company')
Embargoed until: 0700 hrs
Transense Technologies plc
Expansion of Tyre Sensor Licence Agreement with 3DM
Transense Technologies plc, developer and licensor of wireless sensor technology
for the automotive industry, today announces that it has signed a supplemental
agreement with 3DM Worldwide plc ('3DM'). The agreement with 3DM, a leader in
plastics technology intellectual property, extends the scope of the field-of-use
allowed under its tyre sensor licence agreement.
3DM's original licence agreement with Transense restricted 3DM to only using
sensors that were moulded into the actual wheel. This new agreement extends the
potential field-of-use to any part of an overall wheel.
3DM's licence is non-exclusive licence, although Transense has also agreed that
it will not grant a similar licence to any company whose primary business is
wheel manufacturing before 30 September 2004.
On 24 November 2003, 3DM announced that, with the consent of Transense, it had
agreed to grant to Global Tech International Inc. ('GTII') a sub-licence for the
use of the SAW tyre sensor technology. Under that agreement, GTII will pay
150,000 to 3DM as well as a royalty equal to 115% of the royalty payable by 3DM
to Transense under the terms of the head licence. The sub-licence will apply
for the duration of the head licence, which is for the life of the patents and
know-how and of any improvements, but only to the NAFTA area, with 3DM retaining
rights to the rest of the world. This widening of the licence could be of
particular advantage to GTII, which is currently in discussions with one of the
leading US automotive groups.
3DM will pay 50,000 to Transense for widening the head licence's field-of-use,
and 3DM will in turn receive 100,000 from GTII for extending the field-of-use
change to the sub-licence agreement. GTII is currently being acquired by
Longborough Capital plc which is 20% owned by 3DM.
James Perry, Chief Executive of Transense, said:
'I am very pleased that 3DM has requested the extension of the scope of its tyre
pressure monitoring licence to include sensors attached to the wheel and to the
valve. We have been testing a new in-valve system developed over the past year
and, having successfully demonstrated it to 3DM recently, 3DM decided to broaden
its licence to enable 3DM's sub-licensee to progress its discussions with a
leading US automotive manufacturer.'
Ken Brooks, Chairman of 3DM Worldwide plc, said:
'With the imminent introduction of new tyre sensor legislation in the USA, this
agreement could be extremely valuable for GTII in its discussions with a major
US auto company and, in addition to the additional sub-licence fee, 3DM would
directly benefit from any contract wins through both royalty income and our 20%
stake in Longborough.'
Further information about Transense can be found at:
www.transense.co.uk
Further information about 3DM can be found at the new website -
www.3dmworldwide.com
For further information:
Transense Technologies plc
James Perry, Chief Executive Tel: +44 (0) 1869 238380
james.perry@transense.co.uk
Redleaf Communications (Media enquiries re Transense) www.redleafpr.comEmma Kane/Nick Lambert Tel: +44 (0) 207 955 1410
3DM Worldwide PLC
Ken Brooks, Chairman Tel: +44 (0) 1993 779 468
kenb@3dmworldwide.com
Bankside Consultants Ltd (Media enquiries re 3DM) www.bankside.comAriane Vacher/Chris Munden Tel: +44 (0) 744 4140
Notes to Editors:
About Transense Technologies plc
Transense was founded in 1991 and its shares were listed on AIM in 1999;
Transense's technology is divided into two business streams: Torque
measurement and Pressure measurement;
Current licensees of Transense's technology include SmarTire, 3DM,
Michelin, Honeywell, Melexis Microelectronic Integrated Systems NV, Temex
Microsonics, Tai-Saw and TT electronics;
From 1 January 2004, it will be mandatory for tyre sensors to be attached
to all vehicles manufactured in the USA that weigh 10,000 pounds or less.
This legislation has been driven by a mixture of safety and environmental
concerns. Tyre problems are one of the most common causes of vehicle
breakdowns, while hundreds of thousands of accidents each year in the USA
are attributed to low tyre pressures. Under inflated tyres also produce
greater road resistance, more rapid tyre wear and higher fuel consumption.
Surface Accoustic Wave sensors deliver accurate pressure readings quickly
and directly to the driver, they are small and inexpensive to manufacture,
and they do not need batteries.
Further information on Transense is available at the Company's website at
www.transense.co.uk
ajren
- 16 Dec 2003 09:47
- 11 of 63
Serious Negatives - in my opinion :-
Paragraph :- So why are not the shares soaring in price / Industry not
producing in volume.Why not? They say conservative.I disagree.
Paragraph :- Also,3D licence not exclusive.
rgds aj
azhar
- 21 May 2004 12:21
- 12 of 63
Transense Technologies plc
AGM Statement
The following statement will be made by the Chairman of Transense Technologies
plc, Peter Woods, at the Company's Annual General Meeting, which is due to be
held at 11:30hrs today:
'Opportunities are running at an increased rate over last year and we are at an
advanced stage in several licence negotiations. I anticipate that at least one
new licence with a major Company will be signed in the near future.
'Apart from Tyre Pressure Monitoring Systems we now have seven torque
application projects under negotiation. I am not saying that these will all come
to fruition but the feedback we are getting from licensees such as Honeywell and
Melexis is very positive.
'We are finding that now, with the active support of our major supply licensees,
we are able to give joint presentations to tier one major suppliers and the
vehicle manufacturers themselves. Our technology is being received favourably
and more doors are beginning to open.
'Most of what we do with our licensees is covered by strict confidentiality
agreements, therefore I cannot say very much. However, it is pleasing to be able
to report that we have recently received an advanced royalty payment from
Michelin which demonstrates that company's ongoing commitment to the tyre
pressure-monitoring program we have with them.'
azhar
- 23 May 2004 00:05
- 13 of 63
Transense Technologies shares climbed over 20% higher, with a 7 1/2p gain to 43p, after the group said opportunities are running at an increased rate over last year.
The group also said it is at an advanced stage in several licence negotiations, one of which - with a major company - should be signed in the near future.
http://www.thisislondon.co.uk/news/business/articles/timid78550?source
azhar
- 23 May 2004 00:07
- 14 of 63
http://www.money.telegraph.co.uk/money/main.jhtml;$sessionid$SB3DV3AL5LWARQFIQMFSFFWAVCBQ0IV0?xml=/money/2004/05/22/cxmktrep22.xml&menuId=243&sSheet=/money/2004/05/22/ixfrontmarkets.html&menuId=243&_requestid=40854
"Transense Technologies surged 7.5 to 43p after revealing it had received an advanced royalty payment from Michelin for its tyre pressure monitoring progamme."
yesterday's Independent headlines:
http://www.citywire.co.uk/partner/default.asp?section=0&vid=65324
"Friday Lunchtime Market: Transense surges on contract hopes
Published: 13:05 Fri 21 May 2004
By Dylan Lobo, Market Reporter
Strength in the mining and banking sectors holds the FTSE together and AIM-listed Transense Technologies surges on indications that business is set to boom.
Transense Technologies (TRT) soared by 7.5p, or 21.1%, to 43p after saying that its opportunities have increased over the last year and at least one new licence with a major company will be signed in the near future. The group added that it is in advanced licence negotiations with several other firms."
azhar
- 23 May 2004 23:50
- 15 of 63
Transense Technology was the star of the day after publishing an upbeat AGM statement claiming that opportunities were running at a greatly increased rate than last year and that it was on advanced stage negotiations on several license deals one of which should be signed soon. It also said that it had just received a cash payment from Michelin which will be welcome because, as at march 31st net cash was down to just 1.8 million pounds and cashburn was running at 100,000 pounds a month. The shares raced ahead by 7.5p to 43p valuing Transense at 18 million pounds
azhar
- 23 May 2004 23:54
- 16 of 63
From UK Analyst (Dec2003)
Buy Transense Technologies
argues Rob Cullum of Trendwatch
In the autumn of 2000, the share price Transense Technologies was as high as 700p (after adjusting for a share split). At one point it lost 97% of its value. However, the factors that attracted investors attention then are still in place now. Transense is an intellectual property owner. It doesnt make anything. Indeed, it has only 20 staff. What it does have is six patents on innovative vehicle components, most notably its tyre pressure monitoring system.
Transenses device uses a principle first discovered in 1888 by the distinguished scientist Lord Raleigh. He did a lot of research on sound propagation, notably surface acoustic waves (SAW). The physics is too esoteric to go into here. Suffice to say that the principle can be adapted to measure tyre pressure. SAW devices are already a well-established technology. Hundreds of millions are produced each year. There are about half a dozen in your average mobile phone.
The potential for this device is huge. Worldwide, about 1bn tyres are manufactured each year. A recent report by Sensor Business Digest, forecast that, by 2005, the automotive pressure sensor market would be worth $1.345bn a year in sales (200m units). Consumers will love it. Market research shows that 90% of vehicle owners put this device in the top 5 desired features. Thats because the vast majority of drivers dont check tyre pressures routinely. They wait until the tyre looks flat if indeed they notice at all.
That leads to the safety arguments. In France, incorrectly inflated tyres cause an estimated 6% of fatal motorway accidents. In the US, an estimated 250,000 accidents a year are attributed to low tyre pressure. Following a series of fatal accidents in the US caused by flawed Goodyear tyres fitted to Ford vehicles, legislation was passed in the US requiring that every new tyre must have a pressure sensor installed from October this year.
Transense doesnt have a monopoly of the market. It does have competitors, primarily Schrader-Bridgepoint of the US (owned by Tomkins of the UK) and Beru of Germany. However, Transense is thought to have competitive advantages. Its device is so miniaturised that it can fit into the space taken by the tyre valve. The protruding tyre valve acts as an antenna, which transmits the data to an in-car monitor, and thence to a dashboard display. Its accurate, inexpensive and monitors continuously, even when the vehicle is stationary.
Even more important, unlike its competitors, the Transense device is passive it requires no battery power. Thats important. When hundreds of millions of worn out tyres are thrown away with toxic lithium batteries inside, thats a very serious pollution problem. In June 2001, Transense signed a worldwide licensing agreement with Michelin. The agreement gave Michelin the exclusive use of SAW technology in its tyres. Several other major companies around the world, notably US giant Honeywell, have also been licensed as volume manufacturers.
So What Aren't The Shares Soaring?
SAW devices are ideal for use in systems other than tyres pressure monitors, such as electric power assisted steering. This is much easier to install than traditional hydraulic power assistance, which will probably be phased out from new cars by 2010. This is clearly a great story but if Transense is so great, how come its shares are not rocketing? Well, the trouble is: no one is producing the device in significant volumes... yet. Volume production was thought likely to commence this year. Now, Transense says its likely to be late 2004.
What were seeing here is another example of the extreme conservatism of the motor industry. It always takes years longer than anyone thought possible to get the industry to bite the bullet on new technology. But we believe it will all come right for the company before too long. Our optimism is based on several factors: Michelins continued support, the superiority of its technology and the US legislative requirements.
If were right, then as soon as there is an announcement on the start of volume production, the share price is likely to soar Analysts believe it could get up to 71p for each tyre produced. That doesnt sound much; but on millions of tyres, it adds up to millions of pounds. The shares could well double or treble in a short space of time. That means you ought to be in the share sooner rather than later, even if it means your capital is dormant for weeks or months. Recently, the share price has been slipping due to lack of news. This is your opportunity to BUY.
Key Data
EPIC: TRT
NMS 5000
Spread 48p - 50p
Market Cap 26.36 million
MikeHardman
- 18 Nov 2004 15:47
- 17 of 63
Added ~74.5p - breaking into new highs for 2 years, indicators in good shape, might run to 100p now (2005 and the good news expected for TRT can't come soon enough!)
davidmr
- 29 Aug 2005 18:36
- 18 of 63
very quiet board for a stock with such imminent potential
Flackwell Vialli
- 17 Sep 2005 09:43
- 19 of 63
Couldn't agree more david having spent an hour researching these.
What I don't get though is that the chart seems to be saying "Buy", but the fundamentals don't add up imo.
davidmr
- 18 Sep 2005 21:13
- 20 of 63
they have some good partners (honeywell, michelin) and a lot of secercy surrounding deals in the motor trade, but huge potential, as thye start to take royalties as their sensors move into the truck tyre market this year and car market next yr or 2008.
paperbag
- 25 Jan 2006 01:20
- 21 of 63
It may be worth taking note that there has been some large buys of TRT shares today.
humpyg
- 26 Aug 2006 21:27
- 22 of 63
I guess noone seems to use this board that often then! I'm expecting some positive news in September so sure the price will be going upwards. Seems to be stable above 50p now.
Kivver
- 28 Aug 2006 20:31
- 23 of 63
I got brought to the attention of these about 3 years ago and was expecting great things of them. Seen lots of shares bought and sold and had little relevance so far. Look at the chart, the pattern is nearly the same. It starts to rise a fair bit holds for a while then falls back a fair bit. I fully anticipate a rise up on expection then back down again.
It is very important to go back and read the statements put out by the company, particularly the final results and all the excuses that come with them as to why they have not acheived what they have promised. They always say ''this should happen or that should happen'' but it rarely does.
I would some up them as definately a share to watch, with what looks like a great range of products. But the bottom line is,, very few contracts, as yet, been signed. I think this will come good eventually but still think we have a long way to go!
Bones
- 03 Nov 2006 22:01
- 24 of 63
This seems to be what everyone has waited years for....
Signed deal with Michelin/Honeywell
Not yet the car market but it may well be just time. The recent deal with Lear also helps. It's taken years to get here for TRT. I've bought some today at 82.3p after some recent hot money bailed. It is the long term ramifications of being in a huge market that ought to see this rise in the longer term now that the big companies have confirmed the technology.
Flackwell Vialli
- 04 Nov 2006 09:48
- 25 of 63
Agree with you Bones, although personally I was surprised at the cool market reaction to the news - I suspect the slow gradual rise will happen over the next 4 - 8 weeks as more insti's jump on board, as their MM mates hold the share price back to allow them in.
Tonker
- 29 Nov 2006 00:39
- 26 of 63
I like these shares very much.... bought at 72p recently, because of increased volume, hope for more rises in the coming days... these shares have outperformed the market on the last two days,
vanessapardew
- 08 Feb 2007 09:38
- 27 of 63
1 new support level - buying opportunity IMHO.
Kivver
- 08 Feb 2007 12:36
- 28 of 63
ive followed these for years, expecting big rises every year for the last four years. I will not be suprised to see the pattern repeated. Rise and fall, rise and fall, though i agree we getting much nearer consoladation. But we still need to see the money in the bottom line. Longer term a winner!
Flackwell Vialli
- 08 Feb 2007 18:32
- 29 of 63
Patience Kivver, Patience
hlyeo98
- 26 Jun 2007 13:13
- 30 of 63
Why is Transense been falling recently? Now 76p
hlyeo98
- 11 Oct 2007 10:11
- 31 of 63
Now 35p...what's going on???
BAYLIS
- 31 Oct 2007 12:16
- 32 of 63
is this the beining ing.
hlyeo98
- 16 Nov 2007 15:56
- 33 of 63
and now TRT is suspended.
hangon
- 08 Feb 2008 11:49
- 34 of 63
I think the truth is finally dawning - that there are no great riches to be had by a small UK inventor, playing the big numbers.
The suggestion has always been that with legislation every car will have to fit this pressure-monitor (other than run-flat?). And the number of cars is - - - - x4 wheels, maybe the spare that's 5 and shareholders will have to order a taxi to move their dividends to the Bank.
The reality even in the last year (2007 peak 1.40) is that income is possible for the time any IP stands up and the manufacturing will be done (Honeywell, mentioned years ago?) . . . . by some well-known (US )-name that will dictate terms. By the same logic there will be a living for the Execs ( Huh!)and maybe a tiny dividend - otherwise, said Honeywell would buy the company right now, for Petty-Cash.
I can't know if 16p is "right" or even good value, but I'd prefer it to be in single figures with threats of Recession in the US - hardly a time to dull car-sales. . Any income will be largely in USD, so that's not too good either. This is a technology that is not "essential" - Nice, but not that nice. Their Steering-Motor technology is a longer-term item, IMHO and I wonder if there aren't equally-good alternatives already.
So what does that mean?
//
Not much at least until a Bid, or more likely wait a year and see what the MktCap is then. . . . . . . . . . . . . watch it rocket, eh?
//
EDIT (17Oct08).Down to pennies and a massive 44% increase to 4.5pence....yet sales are massivly larger than Buys - the Co AFX claims they have 3million in cash, with a Mkt Cap somewhat higher, so this is looking reasonable value . . . . but with car-sales down the take-up of "new technology" isn't looking very likely . . .
Maybe 3p again, soon.
EDIT.(21Oct08)...two Dirs buy a few but under 12k .. so NOT significant...IMHO.
EDIT-(28May2010)-10% down to just under5p-mid. Oh deary any gains since Oct08 are spent....this is a disaster for those who believed the shout. Looks like the Directors were right not to spend their money.
EDIT-(2Jn2010)- Oh deary - Fundraisng 0.5m at 4.5p, dilution and maybe a 10:1 CONsolidation, DYOR. . . Mid= 4.75p - looks like too little, too late IMHO.
EDIT-(22Jn10)-Grief, it's below the Offer price already . . . . any risk Dirs will get a Bonus? . . . .. Personally, I think they don't have a grip on their target market, with other players able to better them on price+volume. Yes I know there are excited Holders - but their sp tells much more. I don't hold.
EDIT (29Oct2010)-Oh deary, still only 4p and no real sales. Still one Director will get a massive bonus if the sp reaches 14p - many who bought early, won't be so rewarded.
EDIT(20Sept2011)- Oh deary, & hyleo98 has said it - and IMHO, this was always a smoke and mirrors outfit . . .
hlyeo98
- 24 Jan 2010 19:21
- 35 of 63
hlyeo98
- 22 Jun 2010 18:01
- 36 of 63
From 700p to 4p over 10 years.
HARRYCAT
- 22 Jun 2010 18:28
- 37 of 63
Cheap now then? ;o)
hangon
- 21 Dec 2011 23:27
- 38 of 63
Trouble is I never really understood what they were doing - I have a tech background, but sometimes things just don't sound right, like listening to classical uisic if the piano-part is upside down. You just know when it's not "right".
Sure the sp was high, (EDIT, Yes, nearly £4/2001) - but that's because few investors understand what they are investing in - so they rely upon the others in the room . . . . and that's usually repeating whatever the CO guff says.
There is no way it was ever worth 700p
-and I rather doubt the new puff words telling investors how this massive DILUTION is good for the Company moving forward (or similar fluff). Fact is they aren't selling anything to make a profit.
They'd be better off buying Xmas tree lights (for next year! and flogging them on street corners . . . That's how to turn £20k into £100 k - - - no need to fiddle with whatever they've been doing for 10-years -
From 2001, Xmas lights would make them into a £3m turnover co. with a dividend for investors...nice.
doodlebug4
- 21 May 2013 12:14
- 39 of 63
Had a small punt on these. The company has had a torrid time in recent years, but I think it may well be on the road to recovery.
RNS Number : 5037E
Transense Technologies PLC
13 May 2013
Transense Technologies plc
Two largest single orders of Translogik tyre inspection probes
Transense Technologies plc ("Transense" or the "Company") (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce its trading division, Translogik, has received its two largest single orders to date, totalling 320 units, for its commercial truck tyre inspection tools. The orders are from its French partner and Value Added Reseller (VAR), EDP, and an existing North American VAR.
These orders, combined with other sales for the first five months of 2013, take the Company's total probe sales to over four times the comparable six month period of last year (January - June 2012).
The probes are being supplied by these VARs to a French tyre service provider, and to one of the largest haulage companies in the United States respectively. These sales represent a significant jump in the scale of orders received from end-users. The US haulage company operates thousands of vehicles nationally and has the potential to generate further repeat orders of a similar size.
Jean-Luc Giusti, CEO of EDP, commented:"The value of Translogik's unique data capture technology has been known to us for some time. After a protracted period of testing and pilots, greatly prolonged by the economic slowdown, we are now seeing the beginning of what we believe will become a growing demand for our system which incorporates the Translogik wireless tyre inspection probe. This system has a simple customer propostion - it increases efficiency and saves customers money. In addition to prolonging the life of the tyre, being able to quickly and accurately monitor for correct inflation levels reduces the incidence of costly vehicle breakdowns and improves the health and safety of the drivers, and by implication, other road users."
Graham Storey, CEO of Transense, commented: "We are seeing a surge of interest in Translogik's products from fleet owners and service providers, looking to maximise the life of their tyres due to the rapid rises in the costs of tyres and fuel. This interest has begun to translate into significant orders.
"Integration of the probe with the electronic systems of large fleet companies can be a lengthy process but, once tested and approved for commercial use by end-customers, we are enjoying an increasingly successful conversion rate of pilots into material orders such as these. With sales interest and momentum growing across a widening audience and user base, we anticipate further large scale adoption of Translogik tyre management solutions."
doodlebug4
- 28 May 2013 08:26
- 40 of 63
RNS Number : 6091F
Transense Technologies PLC
28 May 2013
Transense Technologies plc
Largest Single Translogik Probe Order From Dunlop (Sumitomo Tire) Japan
Transense Technologies plc ("Transense" or the "Company") (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce its trading division, Translogik, has received an initial order worth almost US$450,000 for its commercial truck tyre inspection tools from Dunlop Japan ("Sumitomo").
Graham Storey, CEO of Transense, commented:
"We are delighted to have received yet another record order for our wireless tyre inspection tools, just a couple of weeks after securing significant orders from Value Added Resellers ("VARs") in North America and Europe. The drive to maximise the life of increasingly expensive tyres and optimise fuel economy are now industy imperatives.
Having an easy to use tool such as the Translogik tyre probe that allows key tyre measurements to be taken with high precision and up to 60%* faster than conventional methods is a huge benefit to fleet operators. Receiving further validation of our innovative tools from a major tyre OEM such as Sumitomo reaffirms our confidence that Transense has the right products at the right time to establish a major global presence in this high growth market."
* Data produced during an independent customer product testing procedure
doodlebug4
- 28 May 2013 10:45
- 41 of 63
Another RNS - hot off the press!
RNS Number : 6795F
Transense Technologies PLC
28 May 2013
Transense Technologies plc
IntelliSAW order from partner ETT worth US$450,000
Transense Technologies plc ("Transense") (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce that its trading division, IntelliSAW, a leading provider of next generation wireless sensor systems for smart grid applications, has received a further order worth US$450,000 from its partner ETT in support of continued strong interest in the Asian region for its IS485 family of wireless electrical switchgear monitoring solutions.
CP Chen, founder and CEO of ETT, commented, "The market pull for continuous monitoring of critical assets such as switchgear remains very strong and we are happy to be able to offer the IntelliSAW solution to fill this need. Our customers are pleased with the performance of this technology and increasingly understand the significant ROI from adoption of these systems. We see a substantial market opportunity in this region for IntelliSAW."
Graham Storey, CEO of Transense, commented, "Having played a significant role in the recent deployment to the Fuxin Steel plant in China, ETT is seeing increasing sales momentum building in the region as market awareness of the benefits of the IntelliSAW thermal monitoring solution
doodlebug4
- 28 May 2013 10:56
- 42 of 63
Chart looks like 16p is the immediate target.
doodlebug4
- 28 May 2013 21:28
- 43 of 63
I've noticed that Cockney Rebel on another bulletin board has posted some sceptical comments about this company today, he seems to be of the opinion that a change in the Board of Directors is needed. I usually agree with his opinions about shares, but in this case I don't. Graham Storey, the CEO has seen this company through some tough times and is gradually turning things around, as several RNS announcements recently have indicated. 16p the immediate target on the chart. imo
doodlebug4
- 07 Jun 2013 09:19
- 44 of 63
Despite all the positive news about contracts and the business getting back on its feet, it just takes the word "Placing" to send the share price South. I still think this company is on the road to recovery - time will tell. It also goes to show that charts don't always tell the whole story!
doodlebug4
- 13 Jun 2013 17:07
- 45 of 63
Transense Technologies PLC
Holding in Company
Transense Technologies plc (the "Company") received notification on 12 June 2013 that, following the Placing announced on 10 June 2013, Mr. & Mrs. P. Lobbenberg are directly and indirectly interested in 35,961,706 ordinary shares of 1 pence each, representing 15.78% of the ordinary issued share capital of the Company.
js8106455
- 02 Aug 2013 11:05
- 46 of 63
Listen - Transense Technologies #TRT - Trading update and notice of results
interview
doodlebug4
- 02 Aug 2013 11:10
- 47 of 63
N+1 Singer View:
With a commercial product portfolio and two trading divisions each addressing a substantial market, Transense has some very realistic near and medium term growth opportunities. The group has completed a transitional year, and is now equipped to fully address its growing pipeline. We believe the next 12 months will be a very interesting time to own the shares, as the two operating divisions begin to transition from pilot-scale installations to major deployments.
doodlebug4
- 27 Aug 2013 07:52
- 48 of 63
Major iTrack Order from Otraco in Chile
RNS
RNS Number : 4543M
Transense Technologies PLC
27 August 2013
27 August 2013
Transense Technologies PLC
("Transense" or the "Company")
Major iTrack Order from Otraco in Chile
Transense Technologies plc (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce that its trading division, Translogik, has entered into a distribution agreement with Otraco Chile, a subsidiary of Otraco International (the world's leading provider of earthmover/off-the-road tyre management services to the mining industry), whose mining clients have immediately placed two major orders for two separate mines, for its iTrack mining vehicle monitoring system. The contracts are for a combined initial sale value of approximately £1 million, with on-going anticipated sales of £250,000 pa.
Graham Storey, CEO of Transense, commented, "We are delighted to have received another major order for Translogik's iTrack system, having recently secured our first major sale with Kumba Iron Ore in South Africa. Our engagement with Otraco began over two years ago and provides an indication of how long it can take to move from initial field trials to a live system deployment. The feedback we have received from Otraco at the various pilot sites has been invaluable in refining the iTrack system and making sure that it better meets the demands of the mining industry.
"Transense believes that the combination of improved safety and the rapid return on investment the system can provide through increased productivity and maximising tyre life, makes a very strong commercial case for mine operators to adopt the iTrack system. We now have large deployments in two of the world's largest mining regions with major operators, validating our own confidence in the value and operability of the system. The endorsement of companies such as Otraco has proved invaluable, and we expect the recent sales momentum to accelerate as further trials around the globe lead to live iTrack deployments."
doodlebug4
- 29 Aug 2013 11:40
- 49 of 63
Implications of the RNS on Tuesday beginning to sink in with investors? Buying interest perking up.
doodlebug4
- 16 Sep 2013 08:24
- 50 of 63
Transense Tech narrows FY pretax loss to £2.4m
StockMarketWire.com
Transense Technology narrowed its FY pretax loss to £2.4m, from a loss of £3.4m. Revenue was £1.5m, from £1.0m.
"The last twelve months have been the most successful in terms of revenue in the Company's history and indications in recent months are that this pattern of growth is continuing into the coming year," said CEO Graham Storey in a statement.
"Having invested heavily in R&D, developing products and a worldwide partner and distribution network, the Company has moved into a new phase of growth, with rapid expansion underpinned by our strengthened balance sheet. We look forward to the coming years with considerable confidence."
doodlebug4
- 20 Sep 2013 15:30
- 51 of 63
1million buy just gone through, about time this share price started ticking up. :-)
doodlebug4
- 11 Oct 2013 08:31
- 52 of 63
Transense Tech sees marked revenues improvement
StockMarketWire.com
Transense Technologies said it has reached a stage where it is experiencing marked improvement in revenue and in its prospects.
It added that new business opportunities were building faster than at any previous point in the company's history.
"The board believes that different skills are called for at this stage in the growth and development of the company," Transense said in a statement.
Chairman David Kleeman said it was time for him to relinquish the role. David Ford, an executive director, would serve as executive chairman, utilising the skills acquired as an intellectual property lawyer and experience as former CEO of a technology business in this next phase of the Company's evolution.
Translogik has seen multiple customer orders, including two major contracts for the iTrack system with Anglo American and Otraco, in South Africa and Chile respectively.
IntelliSAW completed its first full-factory fit out in S.E. Asia and has a growing partner network and number of pilots underway, and SAWsense continues to develop torque measurement applications for the automotive, aviation and wind turbine industries. These are long term projects with the potential to deliver royalty income.
Story provided by StockMarketWire.com
goldfinger
- 11 Oct 2013 08:33
- 53 of 63
O/Topic.........
doodlebug4 - 10 Oct 2013 20:30 - 13212 of 13220
gf, you are one of these people who will argue black is white. Just how do you figure out that despite the CR thread has most posts it is not the most popular? I see a little green-eyed monster in there who will not admit to the evidence of statistics........ENDS
Statistics today taken from 7.05 am to 10pm
1. Cockneys Den
7.05am........155955
10.00pm..........156064
109 posts in total.
2. TOP Traders Thread
7.05am........327355
10.00pm......327939
584 posts in total.
= 435.7% overall gain over Cockneys Den thread.
YET AGAIN DOODLES you have been found wanting.
2nd rater.
hangon
- 06 Jan 2014 13:59
- 54 of 63
Jan 2014 HNY all....I see TRT are presenting at Shares Feb Extravaganza - yet this co was £1.40 in 2007 [DYOR], and now is barely a few coppers . . . just how did it all turn sour?
Could it be that without a "volume customer" the air-pressure parts are just too expensive? Tyres are not cheap, yet are very reliable/predictable . . . . so maybe the real Market is trucks where any "downtime" is serious loss . . . .
Anyone got a SP explanation, pse?
doodlebug4
- 06 Jan 2014 14:07
- 55 of 63
I wish I had a simple SP explanation, hangon. You could be right about the real market being in trucks. I'm scratching my head with this one and perhaps CR was right when he said that the company needed a change in the BOD.
doodlebug4
- 04 Feb 2014 08:59
- 56 of 63
Interim Results
RNS
RNS Number : 1925Z
Transense Technologies PLC
04 February 2014
4 February 2014
Transense Technologies PLC
("Transense" or the "Company")
Interim Results
Transense Technologies plc (AIM:TRT) is pleased to announce its interim results for the 6 months ended 31 December 2013 (H1 2014). Comparative data is stated for the 6 months ended 31 December 2012 (H1 2013) unless otherwise indicated.
Financial Highlights
· Record revenue of £2.215m, an increase of approximately 130% (H1 2013: £0.967m)
· Maiden EBITDA profit of £0.02m (H1 2013: loss of £0.91m)
· Successful fundraise concluded in July 2013, raising £4.9 m in aggregate gross proceeds (of which £2.9m was received during H1 2014).
· Cash resources of £3.16m at period end (31 Dec. 2012: £813k, 30 Jun 2013: £1.98m)
Operational Highlights
· Translogik
o Significant increase in average value of probe orders
o Field trials of iTrack progressing well, delivering significant results
· IntelliSAW
o Supply agreement for Siemens India represents important milestone with top tier global switchgear manufacturer
o Opened regional offices in Shanghai, China, and Bogota, Columbia, in late 2013 in order to strengthen market presence and channel support in these rapidly emerging markets
· SAWSense
o Good progress within SAWSense with several major new projects under way and growing revenue
Graham Storey, CEO, commented:
"With revenue more than doubling against the the comparable period last year, EBITDA profitability having been achieved and net losses improving to near breakeven at the half year, and whilst the timing of new contracts and orders always remains uncertain, the Board believes that Transense is well positioned to deliver on market expectations for the full year to June 2014. Forward visibility of sales in the second half is good, with several new orders received in January. This solid and growing sales pipeline combined with a strong balance sheet should allow the Company to scale rapidly over the next few years. Transense remains confident that it has entered an exciting phase in its commercial development."
kayha
- 05 Feb 2014 10:17
- 57 of 63
WATCH: Graham Storey, CEO of Transense Technologies, provides an update at Innovators & Investors
Click here to watch
doodlebug4
- 10 Feb 2014 14:28
- 58 of 63
Something brewing here? Share price suddenly bouncing. Nice gap on the chart!
doodlebug4
- 14 Feb 2014 16:09
- 59 of 63
Perhaps turned the corner and reversed the downward trend at last.
doodlebug4
- 11 Mar 2014 11:57
- 60 of 63
13p on the way perhaps?
Energeticbacker
- 09 Mar 2015 14:58
- 62 of 63
The interim results for the six months to 31st December 2014 reflect a tough year for the Group and a proposed change in strategy. We just hope it isn’t all too late!
Total revenue was materially lower at £0.93m (H1 2014: £2.22m), reflecting restricted capital expenditure on the mining industry with the post-tax loss up materially to £1.72m (H1 2014: £0.084m). However, this is after one-off provisions and office relocation expenses.
See more at: http://www.investorschampion.com/blog/
hangon
- 24 Nov 2016 15:29
- 63 of 63
50:1 CONsolidation - ~24Nov2016 - now you own 50p shares instead of whatever you bought previously. Sp had been low-pennies - and is today about 97p - DYOR.
+Don't sell what you don't have!
Recent RNS suggests Co. losses have increased this year, so there may start a new falling-away of shareholder value.
Previous Post here was March 2015. That shows investor interest in this lossey business.
EDIT (28Feb2017)-sp 107 . . . interesting that; 2Nov"07 IC was writing about the unfairness given to TRT Investors...sp then about 30p . . . so had the CONsolidation been at that level, today they'd be ~£15 . . . except too many snouts and losses, perhaps?