t42 IoT Tracking Solutions plc (TRAC)

[OLTB]

Morning all

This company was previously called Starcom and I recently posted on it and the planned name change.

Yesterday, TRAC announced that it has a new contract with a Latin American consortium and the share price increased more than 100%. https://www.londonstockexchange.com/new ... s/15256470

So pleased that I held through the lows and believed in the concept and will continue to hold. The rns states that further contracts under discussion so fingers crossed for some more upside if these materialise.

This seems to be the only AIM share I have ever selected that has been positive...

Cheers, OLTB.

[GrahamPlatt]

Just run the slide rule over this one... you’re a braver man than I!
But thanks, and good luck.

[OLTB]

Just run the slide rule over this one... you’re a braver man than I!
But thanks, and good luck.

Thanks Graham - my exposure to TRAC is just 1% (well, it was - it’s now a bit more) of my portfolio so if things do go very wrong then it’s not a disaster. Perhaps I don’t have as much belief as I thought as that percentage allocation doesn’t scream commitment. I will be top slicing as (hopefully) things progress and reinvesting into something more stable.

Cheers, OLTB.

[OLTB]

Great rise of 71% today - new 5 year deal signed in US https://www.londonstockexchange.com/new ... t/15274207 - chuffed that this calculated gamble seems to be paying off - this has now bagged for me and still a potential deal with DHL to come (no guarantees of course). Big SaaS revenues should increase the market cap of this 'tiddler'.

Cheers, OLTB.

[GrahamPlatt]

Yes, I have noticed TRAC on the leaderboards a couple of times since my last post. And now today’s surge!
Well done indeed, OLTB