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t42 IoT Tracking Solutions PLC is engaged in providing real-time tracking, analysis, monitoring, and security Internet of things (IoT) solutions for the global container and freight market. It provides hardware and software solutions, shipping container tracking, transportation fleet management, smart padlock security, and central command systems. Its products include Tetis, Tetis R, Tetis R... see more

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T42 Iot Tracking Solutions Ord Shs > Terrible T42 Distributors in Ukraine and the U.S.+++

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Post by Loony on Sep 16, 2023 4:45pm

Terrible T42 Distributors in Ukraine and the U.S.+++

https://en.m.wikipedia.org/wiki/Starcom_Systems

In 2014, the company announced that it has to defer the recognition of revenues on orders due to the effects the Crimea crisis has had on a distributor in Ukraine.

T42 IoT Tracking Systems (LON: TRAC) shares are down 16%. TRAC shares are down because the American distributor has managed to sell nothing. Now, obviously, there are at least two potential answers here. One is that the products terrible - which would be a serious downer on our valuations of the company. The other is that the distributor is terrible. There’s even a third,....

https://www.dhakatribune.com/financial-markets/325183/t42-iot-tracking-solutions-lon-trac-down-16%25