Trakm8 Share Discussion Threads

[jojaken] 21/2/2017 10:03

Good to see CEO buying but way too little considering he owns £4,500,000 worth already!

Edit: The 5p resulting rise means he's already made his money back 6 times over.

[blondeamon] 21/2/2017 09:49

CEO bought another £50,000 worth just now.

[pugugly] 21/2/2017 09:35

I hate to say it but it looks as though (with a rear view mirror) a knock out for TW in his battle against Paul Scott back in Jan 2016 - Read arguments Here:-

[blondeamon] 21/2/2017 09:32

Bottomed out IMO, with a nice yield of 2.5% this is a great entry point for those watching on the sides.

Underwater here but still convinced the strategy is right, just patient for another year before we see it paying off. I'll collect my divies in meantime.

[lukead] 21/2/2017 09:07

I am afraid there is one poster who should not listen to and his name is MICHAELMOUSE.. He even writes his own blog saying what a great share TRAK is, see the undermentioned post from him on 2/12/16, in reply to a fellow poster, he says TRAK is NOT HIGH RISK, oh dear


michaelmouse - 02 Dec 2016 - 07:30:30 - 1197 of 1259 TRAKm8 Cutting edge Telematics & vehicle management - TRAK

It's the investors who listen to others too much that lose out "big time" in the long term.

One point you make that I'd disagree with is that Trakm8 is "HIGH RISK". It's NOT. It's just highly illiquid when dealing in the shares. Hence the huge moves up and down.

I've explained before why it's NOT HIGH RISK.

It does amuse me when people start saying "I told you so" though. How long is their time frame? If the company has collapsed in 3/5 years time then ok, but it's laughable after Trakm8's first disappointing set of results.

Let's see where we are in 3/5 years time with trakm8. I still have very high hopes.

[landmark2] 21/2/2017 08:55

Yet another great penny shares mag. tip.

[runwaypaul] 21/2/2017 08:42

certainly wont be following Blondie's 'research'...
talking an account into oblivion!

[pugugly] 21/2/2017 08:39

No indication (that I can see) as to how many years "future years" in rns covers
" new orders booked for current and future financial years valued in total at GBP24.2m in the 10 months to 31 January 2017 (up 24%compared to the same period last year)"? Anyone know cancelation conditions ? Could this be yet another case of counting chickens !

[pj 1] 21/2/2017 08:38

Needs 12 months at least now before considering a re-entry, imo

[salpara111] 21/2/2017 08:30

I took a 30% loss when I sold last year so once bitten twice shy!
As someone who works in the automotive industry and has worked for the largest leasing company in the UK what I do know is that there is serious push back from both unions and individuals who drive fleet vehicles against what they see as "big brother" monitoring and this is the market where there are real opportunities as you get to sign up potentially hundreds of vehicles in each sale.
Personally I still see a good future for this type of product but it will take a while before I would consider investing here again.

[blondeamon] 21/2/2017 08:17

As per the statement today, they do have materialised. There are 24m worth of sales already done without counting the contracts that will happpen soon and everyone is waiting on.

The problem is overleveraging in anticipation of these, it's very high risk. If it pays off, and I see no evidence that their orders won't come through, it will pay big time.

In the meantime lots of things can go wrong and profits suffer.

When AA launches their new product later this year, addressing their 300,000 customers with our product I bet people in this board will be singing a different tune.

But each on their own, always DYOR.

[salpara111] 21/2/2017 08:14

Sorry for the holders but happy that I made back some of my big losses on this one by taking a short out after the last warning.
I have closed this morning although I suspect that there is further to fall.
they took a big gamble on gearing up for much higher sales which haven't materialised

[runwaypaul] 21/2/2017 07:55

my 98p target from 240 got hit I see.

beautiful collapse gl

[davr0s] 21/2/2017 07:20

Just shows you that you mustn't fall in love with a share. This was one of the darlings just 2 years ago consistently beating expectations, and look now

[tjbird] 21/2/2017 07:16

adjusted operating profit significantly below FY2016,

Didn't the CEO sell 2million quid at 200p saying nothin was wrong

[arcadian] 02/2/2017 19:12

It would appear that the BOD, spouses and senior management etc still hold c 66% of the shares ( ie not in free float)so I assume that they are beavering away to make the whole thing prosper. Holders may take comfort from that but will need to be patient.

[luckymouse] 02/2/2017 11:28

Weekly view - 95 & 68 are the key supports - fibs would suggest 95 is the main one - but there was a touch of overshoot at the top so keep an eye for buying & momentum/mf divergence off one of those levels. Chart responds well to technicals.
Best of luck LM

Daily view - sniffing that top line - not confirmed at the time of writing

[luckymouse] 02/2/2017 11:09

higher lows you mean PJ? :)

[knowbodyyouno] 30/1/2017 09:08

And the seller seems to be continuing today.

Agree with PJ1 for sure; although it's not something I've always managed to get right.

[pj 1] 25/1/2017 10:37

Shares very rarely make a 'V' shaped recovery. Much better to wait for a period of consolidation/ base forming imo. and then confirmation via higher highs/ lower lows that a buying trend has re-started. It means you miss part of the rise but its much safer and more profitable in the long run imo.

[rogash] 25/1/2017 10:07

we seem to have a persistent seller in 5000 lots.So far somebody must be taking them.