Trakm8 Share Discussion Threads

[blondeamon] 25/11/2016 10:49

Good catch Mike. Let's see what it all means on Monday, I would prefer multiple funds involved instead of few holders.

Too little stock available out there too.

[mikeindevon] 24/11/2016 21:15

The Trakm8 web site page detailing the significant shareholders was changed today.

Folk may remember me posting some time ago about how closely held the shares in this company are and how an institutional investor would only be able (realistically) to obtain shares via a placing or a deal with another institutional investor. Well looks like there's been a minor readjustment amongst the IIs recently.

No shares have been bought or sold in the market place ... but Hargreaves Lansdown and Hargreaves Hale have acquired a further 152,764 shares from Barclayshare (25,000) and HSDL Nominees (126,952). I suspect that the deals were done directly and may or may not show in the trade lists over the next few days.

Interestingly ... if you count up the shares held by directors and by II's the total accounts for over 68% of the shares in issue. No wonder small trades shift the price alot!

Anyway, what does this mean for us smaller folk? Basically, Barclayshare and HSDL have trimmed their holdings by a very small amount ... and Hargreaves were more than happy to snap them up rather than let them go to the market.

Looks like a good sign to me.

Mike

[blondeamon] 24/11/2016 20:15

Company doing an excellent job as always, I'm very impressed with the board's meticulousness.

- Sets up big partnerships with AA and BT Fleet.
- Kicks off a big call to new White Labelling partners to join them, starting with Fleetel.
- Launches new website and upping the social media and articles/news presence, even did a common survey with Roadsense.
- RouteMonkey getting traction with innovation research grants from the government, having their toe dipped into many waters. Won awards too.
- Big 10k cars trial with AA to sell them our telematics solution on retail.

Step by step all pieces fall into play, slow and methodical. It's all about number of devices and they are doing all the right steps.

Insurance only gets more expensive and telematics just make absolute sense, especially after the first few years where they proved they are worth the investment.

Monday results, looking forward.

[40toolong] 24/11/2016 20:12

I hope a bit of pre-results jitters breaks out tomorrow and we can do some picking up in the 170's.

Over the weekend the papers will be focusing on how to counter measure the actions from the autumn budget. Telematics will be getting good press and coverage and then Monday will be TrakM8's time to shine.

Good Luck Everyone

[michaelmouse] 24/11/2016 16:47

New website for interested parties:-

[blueeyes13] 24/11/2016 13:50

As part of my research on TRAK, I asked my brother, who has worked in commercial and private lines insurance all his life, what his view is on regarding premiums rising over the next few years and his view on telematics. Being a man of few words, and this was before the increase in insurance tax yesterday, he text this:

"Premiums are on the up. I've been offered a device by my own insurer Hastings and for the next few years telematics is likely to play a large part in determining premiums."

He's 53 so the insurance companies are already offering it out to older clients. As premiums increase, it is reasonable to assume a growing number of customers will try telematics if it means they could decrease their premium costs - we all hate paying for insurance of course and want it to be as cheap as possible.

Regards

[blondeamon] 24/11/2016 09:14

Bibby Distribution, declared a world leader in sustainable logistics at the Global Freight Awards

"Additionally, the introduction of a new type of tanker has cut fuel usage by 53 per cent during the process of collecting milk from farms, and all drivers across Bibby Distribution are now benefiting from individually tailored training, that uses the 3PL’s full fleet telematics to identify and eliminate inefficient driving practices."



Guess who's behind that awesome telematics system :)

[michaelmouse] 23/11/2016 15:55

Yep. I think the recent news about the 10,000 car trial with the AA and with most sensible drivers willing to try anything to reduce premiums, I'd be very surprised if telematics policies weren't targeted more widely at everybody in the fairly near future rather than concentrating on younger drivers.

[40toolong] 23/11/2016 15:37

Clients will be open to ways to reduce premiums more than ever now as they will want to offset this price hike.

Telematics is proven to reduce accidents (both frequency and claims).

Amazing news!!!!!!

[blondeamon] 23/11/2016 15:33

20% increase on IPT is indeed positive for telematics adoption.

[40toolong] 23/11/2016 15:32

IPT up to 12%!!!! Excellent news

Clients premiums will be going up and there is nothing they can do about it...

Oh yeah, I forgot. Deploy telematics and create better drivers who have less accidents.

This is like Christmas coming early. Market will cotton on to this on Monday when the results comes out!!

Topping up again!!!

[blondeamon] 22/11/2016 21:30

A great read for those who wanted to know more about Trak:



Not expecting any telematics news on the Budget tomorrow but still interesting to see if there will be some measure positive for the sector.

[blondeamon] 22/11/2016 15:38

Over one in ten drivers admit to using a phone at the wheel, survey finds.

[40toolong] 22/11/2016 15:05

Could be breaking the 200p barrier a couple of days early.

No stopping us now!

[blondeamon] 22/11/2016 11:58

PIs coming back, realise this is bargain territory and want to be in before results.

Short-term base 230p, mid-term base 280p.

[40toolong] 21/11/2016 17:42

It's bolted on now. TW will have no followers in two weeks, mark my words!!!!

[nickg2] 21/11/2016 17:32

Nice late trade.. £32k's worth...

[sheep_herder] 21/11/2016 12:07

What was finnCap's previous target price?

[martinthebrave] 21/11/2016 10:57

Buys going through at 189p. Already 10% up on 8am buy. Cautiously optimistic....

[40toolong] 21/11/2016 09:29

Strong interest and pre results should take this to 200 before the weekend.

Any telematics mention in the budget will turbo boost this to 250-275 pre-results.

Topped up already and will buy up to 200

[qs99] 21/11/2016 08:57

looking firm this am

[blueeyes13] 21/11/2016 08:21

I'm in, good to be onboard. :-)

[martinthebrave] 21/11/2016 08:01

Added first thing. Probably the last tranche.