Trafficmaster Share Discussion Threads

[sweenoid] 06/4/2010 13:03

Have given up on this stock after many years patience and frustration

:-(

put proceeds in my IMG ISA this am and using rest to fund my wifes after transfer

can at least put my losses off againgst profits elsewhere

S

[sweenoid] 02/4/2010 10:24

Not one for the get- rich slowly either :-(

S

[sdavis] 30/3/2010 12:45

Seems like a good medium term hold. However, the share price will remain where it is as the prospect of short term gains are not there. Also no dividend to keep you holding.

SP will recover to 40+ in time for interims I reckon.

Not one for the get rich quick brigade.

[restassured] 29/3/2010 11:39

Updated consensus forecasts from Canaccord and Panmure Gordon for 2010 and 2011 are as follows


2010 Pre tax profit £7.65 million EPS 4.98p for a 2010 p/e of 6.9

2011 Pre tax profit £9 million EPS 5.83p for a 2011 p/e of 5.9



Share price could double to 69p and still be on a p/e of under 12 for 2011


Plenty of upside.




ps The mm's were selling stock up at 37p and to get hold of it they bring down the bid to attract sellers.Once they have balanced the books they will move the price again.
The offers or bids you see on the boards are often in concert with the mm's.
Offers are frequently put up on the board to attract sellers by making the price look weak and vice versa.
If I was a fund manager and wanted to buy a chunk of stock without the price running away from me,I would first try to damp down the share price by putting lots of offers on the boards as we have seen in the last week.
All is not what it seems.
I used to work on the stock exchange floor and have seen all the tricks.I spent many hours around the mm's stands, listening to what they got up to.
It used to be referred to as "working the price."

In the USA the markets are order driven,however that is not the case in the U.K.for the majority of shares.
Hence the lack of opacity and manipulation of the U.K.market.

The FSA, which is supposed to regulate the U.K market has been a damp squib in eradicating manipulation.Last weeks arrests of bankers was only because they are under threat of losing much of their power.
They have over a decade to get their act together and have done nothing to protect investors.
They completely failed to spot the imminent collapse of Northern Rock.

[lfc4ever] 27/3/2010 07:32

can yuo post the bare essentials?

[toby tots] 26/3/2010 17:50

Tipped in the IC today.

[lfc4ever] 26/3/2010 13:03

manipulation how, and to what end?

[restassured] 25/3/2010 09:49

Be aware that the mm's are delaying the print of trades.



Long live opacity in the markets!!

It's about time the newly confident FSA went in and brought the boys out in handcuffs for price manipulation across the stockmarket.

[restassured] 25/3/2010 09:29

At the moment weak holders are being smoked out.

We are on a forward p/e for 2011 of around 5

At these levels the company is very attractive to a bidder because of its large US operations.


We should reach the 50/52p area in the next few months.

Canaccord's forecast eps for 2010 is 52% higher than before.That should translate is a price target of 60p, 52% higher than their previous 40p.

Waiting for updated forecasts from the brokers.

Positive newsflow from contract wins at both FMS and Teletrac should help propel the price.

Also further developments re road pricing,PAYD insurance etc,which the co said has international possibilities.


I liked the parts of the statement that read......


"the business is in a strong position to
take advantage of the many opportunities for growth that we expect in 2010."

and...

"With the acquisition of FMS and associated refinancing post
year-end, the group has made great progress in positioning itself well to
benefit from future opportunities."

and...

"There is a significant international opportunity to develop and deploy
road-pricing technologies in jurisdictions around the world and we are actively
pursuing these opportunities in conjunction with partners."

[snowman10] 24/3/2010 11:16

Buying again today looking for 20% upside in a month or so.

snow

[lfc4ever] 24/3/2010 09:47

weather the storm, significant eps growth forecast, currently trading on very modest prospective pe of 8 or so. broker tarkets of 50% upside from current level.

potentially "biggy" in terms of new news would be major take up for road pricing.

[petebarnes1] 24/3/2010 09:45

hi thinking of buying whats the upside news??!!

[restassured] 24/3/2010 08:48

He runs a tinpot boiler room tip sheet,so I hope not.

[sweenoid] 24/3/2010 08:19

Lol ;-)

tfc remains in my Portfolio as a CGT loss to offset against profits elsewhere

good report and teletrac doing great - recent acquisition and strength of $v £ all favourable for this year

I would love to see this take- off but main hope now is that TFC is acquired

tara
S

[restassured] 24/3/2010 06:26

Today's Times.....



Trafficmaster

Trafficmaster, the vehicle tracking company and one-time dot-com darling, now pitches itself as a tool to help the cost-conscious business to cut its fuel bill and carbon footprint.

It is a strategy that appears to be paying off for the group's business services division, which sells fleet management, vehicle tracking and navigation services. Its revenues rose by 23 per cent and its earnings more than doubled for the year to December 31.

Trafficmaster's pitch is that it can cut customers' operating costs by up to 30 per cent. This year it has had some success winning large fleet contracts and numbers Ryder, the logistics business, and the US Department of Homeland Security among its customers.

There are more than 100,000 vehicles using Trafficmaster's Teletrac in the United States, 15 per cent of the potential market. An acquisition in January suggests that the company is keen to consolidate the sector.

Trafficmaster's consumer business has performed less well. The division, which puts trackers on BMWs, Jaguars, Land Rovers and Aston Martins, is yet to make a recovery after last year's slump in new car sales and there has been a downturn in demand for traffic services.

Project work, such as the road pricing that Trafficmaster is doing for the Department for Transport, means that the company is well placed in a sector where regulation can create winners and losers. Despite a recent rally, the shares still look reasonable given the huge potential of the business market. Buy.

[restassured] 23/3/2010 13:24

Why the british fell for "new labour" is beyond me too

Higher taxes,flooded with immigrants,more surveillance that East Germany had.

If Tom is a representative they deserve everything they got.

Enjoy the next five years of labour and you will all be praying to Mecca.

[restassured] 23/3/2010 12:55

Yep he is sad isn't he?

Dread to think what his "mate" looks like.

Sad and sadder!

[restassured] 23/3/2010 11:45

Nice Ebitda..


Trafficmaster reports strong progress2010-03-23 11:29:03[Go Back]Business Financial Newswire - Trafficmaster reports strong progress in 2009 with pre tax profits nearly 14% higher at £5.13m on revenues that were 4% higher at £57.5m.

The Group says that EBITDA was up 17% at £12.2m ( 2008 £10.4m) with profits growing strongly in the Business Services division. This now represents 70% of group revenues and 87% of operating profit before corporate costs and non-recurring items.

The Consumer Services division also had a good year, with recurring Stolen Vehicle Tracking and Traffic businesses growing operating profit in aggregate, albeit offset by a decline in our project-based Emerging Products business.

Overall revenues and operating profits from vehicle tracking subscription-based activities grew by 17% and 190% respectively to £50.2m and £7.8m

CEO Tony Eales says:"Business Services has continued its strong progress in a tough environment.

"In the US Teletrac continued to expand and we now have over 100,000 vehicles using our services. Our National Accounts team had another successful year with some significant customer wins and sales volumes treble those in 2008.

"In the UK, Fleet Director subscribers grew building on the momentum created in 2008.

"Overall Trafficmaster performed well in 2009. We have made some significant steps over the past twelve months, and the business is in a strong position to take advantage of the many opportunities for growth that we expect in 2010."