Trakm8 Share Discussion Threads

[rivaldo] 15/11/2016 12:47

I note the huge $8 billion takeover of Harmon by Samsung yesterday, as a catch-up to the progress made by Apple, Google etc in auto . I wonder if this might trigger additional interest in all sorts of such providers to the auto sector?

[blondeamon] 15/11/2016 12:31

Just a guess? You can't be sure. Seems like there are sellers still here, most probably small PIs.

[40toolong] 15/11/2016 12:03

Bottom of the market called. Off we go.

[blondeamon] 15/11/2016 08:31

More sales for JCB Live Link, made by BOX Telematics before acquired by Trakm8 and a huge revenue driver for us back in 2014. Still going strong, even if we don't care about hardware sales so much these days.

[blondeamon] 14/11/2016 19:25

October to late November is prime season for fleet managers to upgrade or try out telematics for the first time. Massive deliveries before and during Christmas all the way until mid January, avoiding breakdowns is what guarantees you'll make it in time and on budget in a very competitive market place.

££ also began to head upwards again, with $$ IMO to go lower in next months. Hopefully that will help us stabilise our raw material costs from abroad.

Should be more like £750,000 now instead of the 0.5m predicted as the ££ went lower in the meantime.

[blondeamon] 13/11/2016 13:52

That's right MM, absolutely think the same. As telematics gain market share and acceptance, the chaff from the wheat will be separated. We're not alone in this space as quality products are also from TomTom, Microlise and ABAX to name a few but we own the whole IP and everything is made in the UK so time-to-market is reduced substantially and end-to-end support can be achieved at minimum disruption.

Imagine if you made things in India, your customer support was in Poland and your Sales in the UK. I've worked for companies like that and none of the customers was happy. Yes it cost less but long-term company lost more than it gained as less contracts came in.

Our new partner, Fleetel, is only the first to come from what IMO is going to be a long list and they have rebranded their new website already to highlight our partnership.



By having all these White Labelling partners sell our products for us, Trakm8 is not only saving Marketing and Sales resources but also makes a network of connections that itself alone would not be able to do as these companies already know company boards and can push our products faster.

Looking forward to the 28th for the H1 results.

[michaelmouse] 12/11/2016 16:13

Exactly blondeamon see post 1022.

[blondeamon] 12/11/2016 13:50

Good news for Trakm8, the recent BBC Watchdog episode sparked many articles and suspicions around a number of telematics providers, exposing many of them for the frauds that they are. Their so-called technology is probably just faking data, one of their clients even took the device out for the car and it kept recording trips for days LOL.

That is very positive for us, insurance companies and their customers will be very careful to choose quality and go for the big brands with the proven products. Less devices for dodgy low-cost providers, more for Direct Line, Marmalade etc

[luckymouse] 11/11/2016 12:09

some technical support here - not sure yet if cons back up to 185 or turn - if results v good prob turn - if not so good there a risk of 115-125 area (avg shape/leg height)

[40toolong] 11/11/2016 10:55

Telematics has proven itself and I for one now have a strong belief that on the 23rd the government will announce that they will waiver IPT for consumer and fleet policies that adopt this proven technology that not only reduces accidents but can cut down on spurious third party claims.

This would be the best news ever for Trak. Would put market confidence back into the stock, projections would be met and exceeded and champagne would be qwaffed.

This kind of news or suggestion that it will be coming will be the shot in the arm his stock so greatly needs.

Holding over 50,0000 shares and adding daily.

Good luck all. This strong and diligent board is about to deliver the early Christmas present we have all been waiting for

DYOR

[mikeindevon] 10/11/2016 21:09

Do folk remember the 'Yodel' fiasco, back last Christmas time(?) ... where some of the delivery drivers were less than diligent regarding their customer service? I seem to remember that there was a bunch of trolls lurking under the bridge that suddenly popped out and blamed it on just about anything and everything they could think of -- except of course on yodel or the drivers.

There was the tissues that the drivers had in the cab ... the proprietary softdrinks they drank ... etc

They even suggested that Shell's share price would collapse because Yodel were using their petrol and would be 'tainted' by the problem ...

Oh, and of course, tucked away under the dashboard there was a Trakm8 unit ... so they thought our shares were worthless as well.

Umm, so the trolls are risking the daylight again and, well, someone said "This will crash tomorrow", was it Chicken Little? and they've got that wrong for starters. The sky didn't fall and it won't be anytime soon.

Mike

[blondeamon] 10/11/2016 21:07

Love the new Green Flag ad:

[pj 1] 10/11/2016 20:59

I think michaelmouse has a very valid point. Quality comes at a price, but, for any purchaser, a much bigger price if they get the quality wrong in the first place.

Purchase price can often be a false price as any Buyer will tell you

[blondeamon] 10/11/2016 20:56

The new £35-a-year blackbox that will text you when your car is about to break down and could help you avoid extortionate repair bills

New system is the first to hit the market and monitors your cars health
Over 1,000 possible fault codes are translated into 16 notifications of varying levels of severity sent to your mobile phone
It could help you tackle unnecessarily high repair bill to rectify problems your car doesn't have




======================================

Trakm8 again leading the race.

[michaelmouse] 10/11/2016 07:14

Sounds like some insurers need a more reliable "black box". I'd expect some will now switch to trakm8. More business coming our way.

Results Monday 28th November:-

[larva] 10/11/2016 06:50

I will email TW and ask for update following the Rogue Trader miss selling allegations and hopefully he can provide his incisive view later

[paleje] 09/11/2016 22:03

There was a report on black boxes near end of show, they reported several cases were the boxes provided impossible information, took issue with More-than and Hastings Direct amongst others. In all cases the insurers apologised and paid refunds or compensation and said incidents were extremely rare. We all know gps can wobble at times, I don't think it's the next mis-selling scandal.

[blondeamon] 09/11/2016 21:08

No idea what he is saying loglorry but you'd better filter that troll.

[loglorry1] 09/11/2016 20:57

Direct line was not mentioned nor was trakm8

[larva] 09/11/2016 20:37

switch on Rogue Traders BBC1 now

Says the black boxes are unreliable. Mis selling scandal

This will crash tomorrow

[blondeamon] 09/11/2016 18:52

USD should start to go down a bit soon, not much but could help stabilise the ££.

Now neither the US or the EU are as stable as they liked to think and UK seem to be doing okay despite Brexit, or at least before Article 50.

News in 2 weeks, Budget might also help us with an IPT cut. That would be awesome and would make both us and DLG rise substantially.

[cheshiremoggie] 08/11/2016 15:10

QS99

"the interims were lower than interims last year" = we havent had the interims this year.

However the company has advised of a currency cost due to Brexit and the falling pound of £500k which will make the profit lower these results than last year.

Of course the company will be trying to mitigate that cost - there are various ways but I'm sure I dont have to go into them as you will know full well what they are.

Now, the currency extra cost doesnt actually indicate the health of the underlying business - ie orders, customers, product development, pipeline etc.

Thats what the interims will tell us - how the underlying business is performing.
The omens for the interims look good for the real world business.

We will see soon enough.

CM.

[qs99] 08/11/2016 14:53

am new here, but IMO the downward slant doesn't bode well....the interims were lower than interims last year and is heavily H2 weighted. if they are not hitting internal targets then what impact will that have? Just strikes me that the shares have drifted an awful lot on little news I understand that, but given that H2 weighting message, I wonder if market are seeing that as too much of a risk? DYOR and IMO, would like to know your thoughts!