Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Trakm8 Holdings Plc LSE:TRAK London Ordinary Share GB00B0P1RP10 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 21.00 20.00 22.00 21.00 21.00 21.00 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 19.6 -1.7 -2.2 - 10

Trakm8 Share Discussion Threads

Showing 6651 to 6673 of 6675 messages
Chat Pages: 267  266  265  264  263  262  261  260  259  258  257  256  Older
DateSubjectAuthorDiscuss
08/7/2020
15:02
Here's me thinking there's a mole and there's a whole labour of them.
dave2608
08/7/2020
14:23
Plenty of moles in organisation as many disgruntled people still there riding the storm and furlough. . Believe me all staff on furlough are asked to attend calls and pick up work from people left. Some very worried breaking the law- wonder if they would pass an audit!!, I’ve seen proof! I have at least 3 good friends in Trak who fill me in on the daily detail. Believe it or not Microlise and Trak not aligned on products, sales or staff. Still treated as the enemy! Everything kept from Nadeem and Keith day to day don’t forget they are only visible 2 hours a month on board meeting and see high level detail only. Lots very trusting people on here who I think are blinded!
6jacko
08/7/2020
13:27
It really is puzzling as to why Raza is buying. Let's face it 50K to him is neither here nor there. Are Microlise and Trakm8's goals aligned? I suspect that maybe they're not.
dave2608
08/7/2020
13:02
Blonde - oops sorry yeah I didnt think you actually wanted a reply from me. I thought you just wanted the opportunity to have another rant. I'm happy to give you something to rant about. I think its all part of the healing process. If you need more fuel for the fire then perhaps some facts would help. I did ask you how you got to 100k devices lost in q1. Thats still unanswered as far as I am concerned. So please feel free to reply to that or throw more mud around. Whatever works for you.
trakm8fan
08/7/2020
12:30
blondeamon - but do you think that is what Microlise are planning for? Trak goes into admin and Microlise (with shared directors) comes out with the spoils but with no debt in a pre-pack? There must be a reason Raza is buying - even at 'one day before announcement of contract' share price Microlise already own circa 20% of Trak and Raza will know the full ins and outs of the value as he is a director. If it walks like a duck.... All IMHO of course.
andre
08/7/2020
12:21
No one understands telematics...new devices take 6-9 months to make money. Until then they burn TRAK's cash so right now the more they sell the worse their cash position will be and won't even make it to September. This is the perfect storm, a huge drop in revenues and a few new devices deployed at the worst possible time, burning even more cash.
blondeamon
08/7/2020
12:18
And here comes the dump, soon back to 12p. Trakm8fan or BurgerKing Mark, I don't see you answering my math questions. Perhaps you're starting to see light? With 1% growth in devices and a calm market last year they lost 1.1m. This year with a 50% drop in Fleet and 15% drop in Insurance how big will that loss be? And remember, not all months are equal. April and May are traditionally the strongest months of the year, where most deals take place. Nothing gets sold in the summer. H1 results will be like a Tarantino movie, a bloodbath. I don't see how the banks will allow this go to on for too long. They must already be close to breaching covenants and not have enough cash to service the debt. P.S From tha fake 1.7m cash they stated I reckon at least half of that is against VAT and PAYE so at best they have around 850k left. With a 50% drop in recurring revenues they must be burning around 300k a month. Perhaps 250k due to less salaries. They'll be bust before the summer is over.
blondeamon
08/7/2020
11:50
No, no filter on Jacko. I find his posts interesting. trakm8Fan or is it Mark McChicken? You and your dad can't be best pleased that there's a mole within the organisation? With so little staff left I can't see how he/she is keeping their identity secret. You might even have spread some misinformation to flush the mole out???
dave2608
08/7/2020
11:38
Dave - I was quoting Jacko there - do you have him filtered?
trakm8fan
08/7/2020
11:38
Personally I don't believe that staff have been secretly working as it would be practically impossible to keep that particular cat in the bag. There's no way any firm would be that stupid, surely.
dave2608
08/7/2020
11:21
trakm8Fan or is it Mark "Burger King" Watkins? Trakm8 haven't creamed any money off the government. Their staff have been paid to do sweet FA. No money has lined Trakm8's pockets, unless your implying that staff have been secretly working while being furloughed. Let us know after you've finished off your Double WHOPPER® Sandwich.
dave2608
08/7/2020
10:56
Last weeks share action with Trak just shows you some of the craziness with small caps. To go from 13p to 25p on the basis a 50K buy from a director, followed by a contract announcement with a major UK food retailer of which no details whatsoever were provided about figures, is just pure speculative fenzy, nothing else. Personally if I was a shareholder my eyes would have lit up and I would have been flogging like crazy last Friday afternoon. I noticed there was a 75,000 buy at 26p. WTF.
dave2608
08/7/2020
10:30
Jacko I doubt the RNS was fradulent. They were just economical with the truth. They state they had £1.7 million cash on hand which will no doubt be true. What they didn't say was how much of that cash was theirs and how much was tax payable to HRMC. Quite often with people it's not what they say, it's what they don't say.
dave2608
08/7/2020
09:20
Jacko - Furlough of 60 staff to cream money off government - thats great and could mean at least 1.5m saving per year. Maybe even as high as 2.5m per year.
trakm8fan
07/7/2020
16:16
Fully agree blondeamon, think people maybe starting to believe us with all the private messages I have had. They forget me and you know the Watkins personally And very well- just to recap for those of you who need it spelling out in simple terms Fraudulent RNS over stating cash position Insider trading director buying up shares day before large contract. Furlough of 60 staff to cream money off government and all been told they must work! All fleet sales team gone! Now to accurate numbers- 71,427 devices sold last year by insurance Direct line renewal only 12 months £6million plus sold by fleet 35% increase in previous year £4 million sold by channel to end customers they don’t own through dealer base Churn rate 28% due to failing tech and poor customer experience. Now do the maths and work out of its a viable company to Invest hard earned cash into!
6jacko
07/7/2020
15:03
You skipped math in high school? Cause I can't believe you got any higher education based on your posts, if your dad wasn't the CEO you probably would be working at McDonald's seeing as how much you like eating there Mark. Fleet used to have 10% churn rate. In this climate and with those numbers above that will be closer to 30% in Q1. Insurance had a churn rate of 50% during the best of times, must be closer to 70% now. So they are hemorrhaging devices faster than the speed of light and new Fleet contracts have fallen an average of an 50% compared to last year, Insurance another 15% down. The boat is taking water at triple or quadruple the rate they can paddle. TRAK needs at least 10% constant growth in Fleet devices and 25-30% in Insurance just to stay still. If they are DOWN by 50% and 15% respectively then they are losing devices by the hundreds every single day. And then on top of all that, PROFIT? Losing old devices that bring in the honey with no costs and replacing them with much lower priced devices that take 6 months at best to bring in any profit.... It had a 1.1m loss last year with ideal market conditions and a 1% growth in devices. Now let's do basic primary school math. If with 1% growth in devices, TRAK lost around 1.1m then with an average of 50% and 15% loss instead of growth it will lose X this year. I let you calculate X yourself. P.S Not to mention that there is NO SALES TEAM to bring in extra contracts anymore. They abandoned the ship. Nikkie took 12 months to build a team and start bringing in contracts...now there's no one and even if someone is crazy enough to take the job it will take them also a year or more. TRAK is going under, it's simple math. The debt they have to service will be as much as their recurring revenue or more and they will have no money to pay wages, rent and working capital in Q3.
blondeamon
07/7/2020
08:33
blonde - They have lost around 100k devices during q1, game is over. I dont see how you get to this. I have read the RNS yes and I believe the section posted by me above as the only relevant section regarding q1. Thats why I posted it. And yes I have read it again and again and dont see how you get to 100k devices which is the crux of this discussion. Perhaps you want to forget about that now and that's why you have since posting some totally different numbers. Before we get embroiled in your latest post and its numbers I'd like to know how you get to your 100k number please thanks.
trakm8fan
06/7/2020
21:49
You know how to copy paste but do you know how to read? Fleet is down 50% average. That's where ALL the money is coming from, Insurance was breaking even last year, just barely, and now it lost another 15% of devices since then. Do you know basic math to see what these drops are going to do to recurring revenues(which are 90% Fleet?) Most money-making old devices are gone and barely have any news ones coming in. Those news ones will take 6-9 months to break even, probably more as they sell them now at much cheaper prices than the old contracts. They don't make any money through Insurance, dongles bring £2 a month and most kids get rid of them after a year. Churn was 50% during the good years, must be around 70% now. Fleet was the king maker at £11 per dongle (now down to £7), always was and always will be. And with a 50% drop it means the clients are gone and they are not coming back. Happy to see anyone challenge the math.
blondeamon
06/7/2020
19:57
Outlook - - The momentum established in the business last year has been disrupted by the Covid-19 epidemic. We had returned to growth in our Fleet business and had finally launched with three new Insurance customers. The AA had launched Smart Breakdown. Two more insurance customers have been secured since year end. Prior to the current lock down, this year was expected to be one of very significant growth - - Our new year started in the early stage of the lockdown and unsurprisingly April saw very significant reductions in new business. May saw slight improvements and June has improved further still - - The total value of new Fleet contracts signed in April was 83% down on the prior year, 50% lower in May compared to the prior year and is expected to be 22% lower in June compared to the prior year - - Insurance shipments in April at 3,867 devices were 39% below last year, May shipments at 5,447 devices were in line with the prior year. Currently June shipments are expected to be 26% higher than last year - - With a significant proportion of revenues derived from the service fees of the installed base, the first two months of the year revenues were 27% lower than the previous year but resulted in a significantly reduced loss because of lower direct and indirect costs.
trakm8fan
06/7/2020
19:08
Did you read the RNS fanchild? They have lost around 100k devices during q1, game is over. Next RNS will be for breach of covenants and the bank coming to collect its dues. This will be sold to Microlise or someone else for 6 digits and everyone else will be wiped out. BTW Q1 comparables last year were horrible so if they are 30% down on those average then they have been losing clients right and left and gaining none. New contracts all loss making. Even an idiot can sell 10£ bills for 9£ all day long. Without profits everything else is lies.
blondeamon
06/7/2020
14:01
I see. Insurance deals are either small and irrelevant or large and loss making. Got it. Staff leaving in droves too with 5 so far from Fleet. But I thought Fleet was too saturated and there were no margins in Fleet. So which is it? Fleet is the be all and end all and we really need it to succeed. Or its saturated and impossible to make money with. Or is it both?
trakm8fan
06/7/2020
13:12
I’m sure fleet is down with 5 of the fleet team leaving from May including an industry leading bid manager. Last of the females who couldn’t stand it anymore! - Endless job adverts but still no decent staff. We all know it’s take 6-12 months to build but hey you know best Watkins!
6jacko
06/7/2020
13:09
Interesting. Building is an expensive car park and stood empty for years with no sign of it been moved into. With all the staff leaving in droves and production Scaled back im sure you won’t need it now. Yeah heard about the small broker wins from my insurance friends but all small fry and we all know you need to hit 70k plus to stand still. Might fool others on this site but not me.
6jacko
Chat Pages: 267  266  265  264  263  262  261  260  259  258  257  256  Older
ADVFN Advertorial
Your Recent History
LSE
TRAK
Trakm8
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200714 08:03:57