Tracsis subsidiary Sky High Technology wins contract
15th May 2014 10:30
Software and technology products provider Tracsis announced its subsidiary Sky High Technology has been chosen to deliver traffic data collection work to a UK transport agency. The group's services have been secured for a two-year term with the potential to be extended for a further period of two y
Read moreMonday broker round-up UPDATE
17th Mar 2014 08:31
Admiral Group: Credit Suisse raises target price from 1340p to 1425p and keeps a neutral rating. African Barrick Gold: Canaccord Genuity ups target price from 315p to 330p and maintains a buy recommendation. Amara Mining: Canaccord Genuity moves target price from 25p to 33p and reiterates its buy
Read moreThursday broker round-up UPDATE
24th Oct 2013 09:25
Aquarius Platinum: Investec lowers target price from 48p to 42p and downgrades from hold to sell. ASOS: Citi increases target price from 5800p to 7000p reiterating its buy recommendation. BHP Billiton: Jefferies raises target price from 2350p to 2400p and keeps a buy recommendation. Clinigen: Inv
Read moreMonday broker round-up UPDATE
21st Oct 2013 08:59
Andor Technology: WH Ireland ups target price from 420p to 435p, while downgrading from buy to outperform. Anglo American: Deutsche Bank reduces target price from 1830p to 1780p, while leaving its buy recommendation unchanged. BAE Systems: Citi increases target price from 360p to 460p and stays wi
Read moreFriday broker round-up UPDATE
14th Jun 2013 08:15
Amlin: UBS starts with a target price of 400p and a neutral rating. Cairn Energy: JP Morgan takes target price from 320p to 340p maintaining a neutral rating. Catlin: UBS initiates with a target price of 475p and a neutral rating. Chemring: Credit Suisse increases target price from 210p to 260p a
Read moreTracsis stays on track despite order delays
14th Jun 2013 07:53
Traffic and transportation technology group Tracsis revealed immediately increased margins at new acquisition Sky High and an encouraging outlook in the rail market. However negotiations for a major condition-monitoring contract had not progressed as fast as hoped, with orders now expected to arriv
Read moreTracsis unveils 50 per cent rise in half year pre-tax profit
4th Mar 2013 12:53
Profit before tax rose 50 per cent to 1.7m pounds in the six months ended January 31st at AIM-listed Tracsis, an interim management statement issued by the company has shown. The company, which develops and supplies reporting technologies to the transport industry, reported that revenue had increa
Read moreTracsis shares jump after entry to rail freight planning market
8th Feb 2013 10:00
AIM-listed technology group Tracsis has signed an agreement with a UK rail freight operator to supply a customised version of its TrainTRACS crew scheduling software. The contract is for the provision of software, support and additional development work and will run for three years with annual rev
Read moreTracsis upbeat statement fails to lift shares
30th Jan 2013 13:29
Tracsis, an AIM-listed technology group, delivered a positive update on Wednesday, but the contents fell short of investor expectations. The group said trading in the six month period ending January 31st has been buoyant, with revenue set to be in excess of £4.0m (H1 2012: £3.7m). It is expected
Read moreTracsis wins contract with New Zealand transport owning group
13th Dec 2012 14:04
Tracsis has won a contract from the New Zealand operations of a worldwide transport owning group, the company announced Thursday. The contract between the UK transport technology firm and the New Zealand group includes a combination of software licence, support and maintenance, project management a
Read moreTracsis jumps after impressive year-on-year growth
31st Oct 2012 16:01
Tech group Tracsis managed to more than double both revenues and profits in the year to July 31st, causing the shares to jump on Wednesday. The company, which specialises in resource optimisation software, condition monitoring technology, and consultancy services to passenger transport industries,
Read moreBG Group director sells vested shares
10th Sep 2012 16:01
An Executive Director of natural gas giant BG Group has sold 56,034 shares in the company to cover tax and social security liabilities (and associated dealing costs) following the vesting of 103,890 shares earlier this month. Martin Houston sold the shares for 1,269.07p each for a total of £711,1
Read moreReThink Group CFO buys 1.4m shares
6th Jul 2012 15:59
Steve Wright, the Chief Financial Officer of ReThink Group, has purchased more than 1.4m shares in the recruitment and technology services firm. Wright purchased the shares at 7.00p each and for a total of £100,000. The company's share price has fallen over 25% in the last year, equal to 2.62p.
Read moreTracsis rockets as profits soar
26th Jun 2012 09:23
Scheduling software firm Tracsis rose sharply in morning trading on Tuesday after saying revenues in the 12 months to the end of July will 'significantly exceed current market expectations'. The company now expects year end revenues will be in excess of £8.5m, with adjusted earnings before interest
Read moreTracsis tech officer ditches shares
6th Jun 2012 15:54
Raymond Kwan, the Chief Technical Officer of Tracsis ditched 750,000 shares on the same day the firm announced that it considers it likely that the company will exceed current market expectations for the year ended July 31st 2012. Tracsis is a developer, supplier and aggregator of resource optimis
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