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Tracsis – emphasises “major contract win”, but how ‘major’ and how’s the previously-stated “near-term variability in customer activity”?

By Steve Moore | Wednesday 19 February 2025


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.


Transport technology company Tracsis (TRCS) has announced “it has signed a multi-year contract… to implement the core Tap Converter system that will power pay-as-you-go travel in urban areas across National Rail”. With the announcement also including that “there is no change to the board's expectation for the year ending 31 July 2025 following this contract win”, what of a current more than 16% higher share price response to 420p?
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