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Transense Technologies – now a Buy?...

By HotStockRockets | Tuesday 10 October 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Sensor systems technologies company Transense (TRT) was a long-time investment dog with its results for 1999, for example, including emphasising an “application licence agreement… now working with… SmarTire Systems, Inc., a North American public company which is a world leader in tyre pressure monitoring systems… to produce a prototype in-car system, with the objective of mass production by 2002” but by its 2021 results it still delivering a pre-tax loss on revenue of just £1.8 million. Tom exposed its dodgy dealings with the 3DM fraud back in 2005! However, its recently-announced results for its year ended 30th June 2023 are much more pleasing and suggest material further upside potential from a 110p offer price for the shares.
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