Investors were nervous after the AGM statement of AIM-quoted Transense Technologies (LON: TRT), which revealed that there had been a slower than expected start to the financial year. However, management remains confident about the full year outcome.
The share price fell back on the day of the AGM and even though it did recover it was still 4.9% lower on the week at 97.5p. This underestimates the cash generative abilities of the company.
So far this year, revenues have improved by 13%, even though iTrack mining truck tyre sensor royalties have not grown as fast as expected. There were flat reve...
