Trakm8 Share Discussion Threads

[alphapig] 29/11/2016 16:06

I'm just a thick pi, I think Trak will go higher eventually, but in the short term there's no expected news (as far as I'm aware). The exchange rate with the euro seems to be edging better but that can change on a 0.075 euro (sixpence). Don't know what I'm talking about really, but I'm holding out for £1 to get in. If it doesn't get there then good luck those already in.

[alex1621] 29/11/2016 15:02

Sheep Herder ... yes, technology for driverless cars is available, but not commercially. Everyone with driverless cars in a decade? I'll stick with my 20 year prediction. With thousands of vehicles of all shapes and sizes not to mention unpredictable events, I'm not convinced that the wholesale landing of that type of technology can be done so quickly.As for TRAKm8, did anyone expect an update like that? Would a good management team not have managed expectations better?

[phillis] 29/11/2016 14:40

There is a huge mismatch between the effect these results have had and the tenor of the 7 Sept RNS ( 3 weeks before the period ended )
What does that tell you?

[sheep_herder] 29/11/2016 14:32

I think people are missing the big picture here with TRAK. The company's technology is great and will come through in the end. The issue is that this now seems a long way off, in terms of return to shareholders, and the chart performance has hurt many including myself. I actually think this level of investment should have to be communicated to the market.

Self driving cars or not, telematics is going to continue to be big business. The products that TRAK have from simple plug in devices through to the yet-to-be-release high end units incorporating cameras and ADAS like technology are going to be great. They also have the fleet routing technology which will be used to save fuel, etc etc.

So I don't think there is a risk of others coming in to take away market share as there is plenty to go round and TRAK do now have a range of products that are second to none.

If I was coming at this share today I'd be really happy. But I'm looking at it with over a 50% loss and am feeling stupid that I let myself think that a management team who had shown they were happily aquisitive would consolidate for a bit and try and generate some shareholder return.

[michaelmouse] 29/11/2016 14:05

Incidentally, the same arguments that you put forward also apply to QTX which is valued at over £150m and currently on a p/e of 31 compared to TRAKM8 at £40m and p/e of 10. I know which valuation I'm more comfortable with.

[michaelmouse] 29/11/2016 14:00

I'm confused? harrison15 are you APAD? What's the house reference about?

I think you're being a little premature. I'll agree with two things. Yes it's a highly competitive market place. Yes I'd not be surprised to see some major contracts slip into next year. I'm fine with both those.

Firstly, it's competitive alright but Trakm8 appear to be winning major clients all of the time. AA, Direct line, Kubota, Allainz etc. In fact only yesterday they announced a contract with Smart Drivers Club. So Trakm8 appear to be at least holding their own, but I suspect even better.

Secondly, investors should already be prepared for some slippage in contracts since it was flagged up by the company yesterday. It will however be most interesting if that slippage turns out to be minimal. Lots of downside in the share price already. P/E ratio around 10 on last year's figures.

[luckymouse] 29/11/2016 13:51

Interesting thought about driverless cars called via uber on your smartphone - where does that put telematics in 20yrs time?

[sheep_herder] 29/11/2016 13:41

alex, you're so far off it's not funny.

Tesla can do it today: hxxps://www.tesla.com/en_GB/videos/autopilot-self-driving-hardware-neighborhood-long

[alex1621] 29/11/2016 13:30

I don't believe we'll have driverless cars in a decade ... more like 20-30 years to perfect the technology and iron out the software imperfections.

[apad] 29/11/2016 13:30

I've posted some comments on the Paul Scott Small Cap Value site.
apad

[dan_the_epic] 29/11/2016 11:52

who needs telematics when in 10 years or less we will have driverless cars.

[alphapig] 29/11/2016 11:28

Buy hold forget! Interesting strategy, then why are you blogging and posting all day? Seems you forgot to forget.

[michaelmouse] 29/11/2016 09:41

PJ 1 - Buy hold forget does indeed work for me. One or two conviction buy and hold multi-baggers change your life forever.

I absolutely love investing. :)

Long and strong here whatever happens short term. What would someone pay for a Telematics company that boasts the AA, Direct Line, Scottish Power etc etc as clients.

Many investors often over complicate things. Simple maths is what works and an eye on future trends.

For example, Trakm8 not only has hugely prestigious clients, those clients keep returning. Not only that, those same clients are more than willing to keep updating and piloting Trakm8's new products. Think AA and "10,000 car trial". Those are the signs of a great product and a great business.




Worst case scenario is that one of these clients or a large tech company says to Trakm8, hey we'll buy your company with our loose change (£5 per share).

Long term I'm hoping for a lot more.

[pj 1] 29/11/2016 08:58

It was certainly an unfair and strange call accusing APAD of trolling. He's well up on my 'respected' list.

My thoughts are that maichaelmouse perhaps has the best strategy in looking at this as a very long term hold and forget. Telematics are not going to go away are they?

I did think TRAK may have announced more fleet contracts.

[woodcutter] 29/11/2016 08:08

sold the remainder of my holding negative sentiment is too strong

woody

[woodcutter] 29/11/2016 07:23

mods i only have a very small holding i sold most of them around 280p some time ago.

thx for the heads up on the TA btw.

traditionally the second half is always much better and you'd expect them to deliver some of the pipeline so this may be the bottom in the short term.

woody

[dlku] 29/11/2016 06:56

could fall under 90p today

[phillis] 28/11/2016 22:37

Sadly the reality is that they have disappointed the market and failed to meet expectations
It usually takes an over performance to bring the institututions back on side - forget about pi s and BBs they are irrelevant

To say nothing of the sales shortfall

[modform] 28/11/2016 21:44

This was never an investment, It has had such a large fan club, so best to avoid shares like that. As the good old CR used to say, let the chart be your friends, I am just surprised that woody, one of the best TA guys I know has a holding here.