Trakm8 Share Discussion Threads

[alphapig] 28/10/2016 13:43

Hitman, looking at last year Nov/Dec saw a big rise, happy to hold and add here.

[blondeamon] 28/10/2016 11:04

Good luck KB, always need to do what's best for your circumstances.

[knowbodyyouno] 28/10/2016 10:37

Whilst I'm a huge supporter of this company and maintain a belief in its continued progression/growth, I do believe market sentiment is against us. My aim has always been to get enough capital to purchase a small second home and thankfully I've achieved that aim. But I also need to protect that dream, so I'm out.

I believe the fundamentals are intact and I hope that I can get back in more cheaply in the future.

Until then GLA

[rosco40] 26/10/2016 21:09

martinthebrave - 28th Nov is the date as per the email below, which I received today:

The next trading update will be when Trakm8 announces the Half Year results on November 28th

Kind regards

John Watkins | Executive Chairman

[the_hitman] 26/10/2016 15:31

I seem to remember it always falls prior to results.

[jeanesy] 26/10/2016 11:55

still falling here.Not usually a good sign ahead of results imo

[martinthebrave] 26/10/2016 09:49

Assumed that we are in a closed period. Half Year results in 2015 were announced on 23rd Nov & in 2014 1st Dec? Around 4 weeks to go. Happy to be corrected?

[larva] 26/10/2016 07:42

A profit warning would clear the stops just under 150p and 100p

Wonder if they have had integration issues

[rogash] 26/10/2016 07:37

Hargreave Hale have 4.5%. Dave I agree with you, John Watkins should be more pro-active. Perhaps someone should speak to him.

[bottomfisher] 25/10/2016 23:43

The problem with this company is that there are no "major shareholders" apart from the directors - John Watkins (17.8%), Cowley bros (11.0%) etc. Would have much more faith in Trak if there were a few solid long-term institutional investors like Liontrust, Schroders, Henderson Hargreave Hale et al on Trak's share register. If they have done their due diligence, and decided to invest a sizeable amount so their stake is notifiable, then I could sleep a bit more easily. I like this company and its management but the lack of a sizeable institutional following and the weakness in the share price, makes me nervous.

[dave2608] 25/10/2016 21:19

Another thing to think about is at these levels the company must be very, very vulnerable to a hostile bid / takeover. I mean this is a fact, they are happening in the telematics space. I'd imagine John Watkins would have in the back of his mind a share price in 3/4 years of maybe £15 so with his holding he would be a very wealthy man. However say someone comes in soon in with a bid of £3 share. Unless he's got the backing of the institutions and other major shareholders he could easily be outvoted losing the company for a fraction of what it's potentially worth, losing him hundreds of thousands of pounds in the process, well in this example £12 times his shareholding.

What puzzles me is the silence from the company. I think they have the wrong strategy when it comes to communication. Surely it's in the board's interest to talk the share up or at least reassure people and not leaving themselves wide open to a takeover.

[runwaypaul] 25/10/2016 20:49

the trend is your friend.atb

[dave2608] 25/10/2016 20:44

82p eh? That puts it on a forward p/e of 5. Must be the new paradigm, cutting edge tech companies going for that valuation.

[40toolong] 25/10/2016 20:10

250-275 is where it belongs.

[dave2608] 25/10/2016 16:19

It's the mania of crowds. If there's a rush to the exits, then most people will follow whether there's a fire or no fire. This mania can also fuel a mania in the opposite direction, where people are frightened of not owning a certain commodity because it's seen that the price is going to the moon. At the peak of tulip mania, in March 1637, some single tulip bulbs sold for more than 10 times the annual salary of a skilled craftsman. Now you would look at that in the cold light of day and say a single tulip bulb going for that amount of money was completely insane, how could sensible people be so stupid but people at that time caught up in the emotion of it all did act insane. That's the mania of crowds.

Looking at Trakm8, forecasted eps of 17p but because of sterling dropping, eps we are told, might fall to 15p. Don't forget this is a forecast and the eps could be higher. Even at the worst case scenario, we're looking at a p/e of 10. A p/e of 10 for a company that has state of the art technology with the order book up 37%. There's more ground breaking products soon to be released too.

The question I would ask to all the doom mongers and those bailing out is "What do they feel is a fair share price for this company"? Be honest, look at the all the figures, previous sales and profits, recurring sales, projected sales and profits. how the new products are going to be received by the market, the partnerships with the AA. Allianz, Iceland and all the other companies. Look at all the factors and come up with a fair valuation for the company's share price. Do the exercise and let me know your answer.

[andy mack] 25/10/2016 14:39

I'm out too. They seem a great company but with sterling taking a kicking (and possibly further to go) am out for now. Will check back after h2 results and see how it's getting onGLA

[columbarius] 25/10/2016 14:38

Trading at nearly seventeen times net tangible assets. That's asking a lot and perhaps explains the downtrend given currency concerns and fear that growth is slowing.

[cheshiremoggie] 25/10/2016 14:13

Sterling weakness must be a big factor here.

The company announced it would incur £500k costs with the fall in sterling. That was when the pound was at around $1.30.
The pound is now around $1.22 which might indicate a cost increase of somewhere near £750k not £500k.

The next results will be very interesting as the shareholders really need to see evidence of a strategy for limiting the effects of sterling weakness.

Medium term the company should be doing as well as before - organic growth looks great - but short term sterling is certainly an issue.

CM.

[vsp2] 25/10/2016 13:53

Trakm8 fall seems to tie in with Sterling weakness

[gorilla36] 25/10/2016 13:44

That's me out. Like the company, like what they do, but no point in fighting the market here.

[larva] 24/10/2016 19:10

debno21 Oct '16 - 20:09 - 959 of 963 0 0
What the f..k is happening here




more sellers than buyers mate

wonder what they know

[blondeamon] 23/10/2016 21:56

Have a read at this and tell me how much you think Trakm8 is worth:



Motor Transport magazine has a special 12-page issue on Trakm8 and RouteMonkey.

Register for free and click on the Special issue, no need to pay anything as they provide the whole 8-page special report with no charge.

[michaelmouse] 22/10/2016 08:33

"Unfortunately the Chart is screaming circa 100p"

I hope so PJ1. I've got a metaphorical truck parked and waiting.

If it falls to around £1, it'll be on a p/e of around 6 with double digit growth recorded and a significant recurring revenue stream (i.e. forward visibility).

Concentrate on company fundamentals and make the share price your friend and not your enemy.

[pj 1] 21/10/2016 20:48

Unfortunately the Chart is screaming circa 100p if it doesn't hold here.

edit IMO