Trakm8 Share Discussion Threads

[knowbodyyouno] 07/9/2016 18:12

My average is currently about 65p.

[adamb1978] 07/9/2016 17:45

"Half year profitability is expected to be less than the first half of last year"

I wish companies would write things in clear English - I assume everyone interprets this as "Half year profits" (ie the absolute £ number) rather than "half year profit margins" which the true English would imply?

[40toolong] 07/9/2016 17:32

Some institutions today would have liked what they saw and be moving in over the next couple of days. Long road ahead for a growth company

[pj 1] 07/9/2016 17:14

No not really. so you're averaging down heavily?

[knowbodyyouno] 07/9/2016 17:06

I don't think it matters does it.

The point I was making is I am pleased with the direction in which is company is heading and remain confident about the long-term outlook. I mentioned the top-up to demonstrate I'm happy to put my money where my mouth is.

Others must do their own research, of course.

[pj 1] 07/9/2016 16:55

Is it possible to ''top up heavily''?

[knowbodyyouno] 07/9/2016 16:45

The bearcast or whatever it was, had no discernible effect on the price.

Nothing new to say.

Less than 1% of the total shares in issue changed hands today and the buys kept up nicely with the sells.

We know that this company keeps its cards very close to its chest and accounts very conservatively. I trust this BOD. I don't, on the other hand, trust TW - not even remotely.

Topped up heavily at 200p - feeling confident long-term.

GLA

[jaws6] 07/9/2016 15:14

Fleetmatics news today

[martinthebrave] 07/9/2016 14:32

The same old Bear who told everybody to sell BOO at 35p at the beginning of the year - now 90p!! Turn the record over Tom.....

[albanyvillas] 07/9/2016 14:16

someone dumping

[accrillium] 07/9/2016 13:46

SP stick the boot in again. Bearcat as well. I guess michaelmouse will have yet another reason to attack their bull calls with his many usernames.

Saleshas never, until now, been an issue for TrakM8 it has always been profits and much more critically cashflow generation, or rather lack of it. There is no half year guidance given on profits and no guidance at all given on free cashflow generation. If this company had good news it would tell us. The silence is deafening. -

See more at: hxxp://www.shareprophets.com/views/23548/trakm8-trading-statement-more-joy-for-myself-a-bear-than-for-paul-scott#sthash.tEAprkDY.dpuf

[nfs] 07/9/2016 13:06

Fincap eps now at 15.7p in 2017 and 18p for y/e March 2018425p price target based upon 24 times 2018 eps

[ayl30] 07/9/2016 10:27

Thanks Blonde - will check back in at lunchtime to see if they have made good any of the damage!

[nurdin] 07/9/2016 10:19

tsmiths2...where is that information from? Stockopedia shows they generated operating cashflow of 13.7p per share last year which compares with 3.6p achieved in the previous year.

[blondeamon] 07/9/2016 10:05

The Company's AGM will be held on Wednesday 7th September 2016 at 10.00 a.m. at the offices of MHP Communications, 6 Agar Street, London WC2N 4HN.

Capital Markets Day

Following the AGM the Company will hold a Capital Markets Day presentation for analysts and investors from 10.30 - 12.30 at the same location.

[tsmith2] 07/9/2016 09:59

Cash Is king - not generating much if any at all..

[ayl30] 07/9/2016 09:54

What time is agm?

[blondeamon] 07/9/2016 09:19

Big buy volume continues, where's the 20% jump upwards that it did with less volume on the way down?

Tree shake at its finest, they mugged lots of PIs of their shares today. Wouldn't be surprised if we end up close to where we opened by end of day when the presentation reassures everyone.

As far as the company goes, I think it's showing great progress in all sectors and considering the country went through a Brexit vote we came out the other way relatively unscathed.

+37% order intake is huge. Acquisitions contributing 1/3 of that already and devices keep going up along with new contracts. Summer is over and September last year added the biggest amount of devices in H1, we are on track to repeat that.

I wouldn't be surprised if we are between 175 - 180,000 devices when they report on November. Remember, Allianz is not counted yet on the 169,000 reported today.

Show me another company in this sector that has this growth and this PE/PEG. Value always comes out took the opportunity today to go in deep. Time will tell how long it will take to back to 4£ where I think it's fair value.

[hydrus] 07/9/2016 08:56

Absolutely Michael - probably the consequence of the negative articles over the last few months. The company is not being rated in the market as a high quality growth company. I suspect it will require a year or two of high growth coupled with profit and cash generation before it becomes rated in that way. Obviously the question is whether TRAK can achieve that and any uncertainty will have a disproportionate effect on share price. The management record here is very good so that should give holders some confidence.

[michaelmouse] 07/9/2016 08:45

I'd agree that we need some clarity about profitability in the first half of this year. Hopefully resolved at the AGM.

However, let's say they miss the 17p EPS end of year target and achieve EPS of 13.38p (quite a miss). That would still be 20% growth over the year, and the p/e ratio would be 14.5 (at the current 195p SP) which is still very cheap for a company producing 20% growth.

The fact is the company remains on target to achieve around 40% growth, supported by orders 37% higher (organic 27%).

That's a considerable margin of safety for a growth company.

[knowbodyyouno] 07/9/2016 08:43

Agreed Hydrus.

This share price always has been susceptible to wild swings - even with little volume.

However, what's encouraging is that the BOD's outlook for the year (overall) remains unchanged.

Long-term holder here and that remains unchanged.

Will top up when the dust settles a little.

GLA

[blondeamon] 07/9/2016 08:41

Look at the low volume and ratio of Buys/Sells.

MMs are having a field trip with PIs, grabbing everything in the cheap. Now is the time to buy not sell.