Trakm8 Share Discussion Threads

[ramridge] 26/8/2014 10:48

Does anyone knows what that translates into in revenue terms? roughly...

[michaelmouse] 26/8/2014 08:00

hTTp://uk.advfn.com/news/RNSNON/2014/article/63364312 Trakm8 signs new deal with C M Downton Ltd Trakm8, the AIM-listed designer, developer and manufacturer of GPRS based hardware and software for the vehicle placement and security market, is pleased to announce it has signed a new supply agreement with one of the UK's leading independently owned logistics firms, CM Downton Ltd. Downton will purchase the UK manufactured T8 mini, alongside the Trakm8 branded SWIFT 6 web portal, and Trakm8 Secure. The contract is for 1,450 units for an initial period of 5 years. However, under the terms of the contract, a larger share of the revenue will be realised over the upcoming 12 months. John Watkins, Executive Chairman of the Trakm8 Group comments: "We are delighted to welcome Downton as a customer of Trakm8's. They are a well recognised feature of the United Kingdom's road network and we are delighted to have been given the opportunity to work with them to coordinate their Logistics operation. We are confident that Downton will reap the benefits of our solutions from the launch and believe this to be the start of a long standing partnership." Michael.

[michaelmouse] 20/8/2014 12:05

hTTp://www.trakm8.com/news/trakm8-s-r-o-sign-deal-with-logitrans-cz Trakm8 s.r.o. sign deal with Logitrans CZ August 20th, 2014 Trakm8, the AIM-listed designer, developer and manufacturer of GPRS based hardware and software for the vehicle placement and security market, have announced they have signed a two year contract with Czech Logistic Service provider, Logitrans s.r.o. for the provision of their T8 tracking units, with SWIFT web portal and ecoN driving solution. Trakm8's ecoN fuel saving solution offers real time in-cab feedback to drivers on their driving style, and reports on key areas where a smoother driving style can be promoted. The Trakm8 SWIFT web portal includes many data rich features and advanced mapping to help Logitrans s.r.o improve their operational efficiencies and fleet safety. Many Fleet Management tools on the market use telematics to report on driving behaviour but very few offer real time feedback and that is why Logitrans s.r.o have chosen Trakm8's reliable ecoN solution providing the most effective fuel saving results through a driver feedback display. From improving the drivers behaviour Logitrans s.r.o will also benefit from a safer fleet. John Watkins, Executive Chairman of the Trakm8 Group comments: "We are delighted to welcome Logitrans as a new customer of Trakm8's. Historically we have been a United Kingdom based company, but Trakm8 have invested heavily in their overseas operation, and welcoming new customers on board such as Logitrans CZ give us confidence that our hard work is paying off. We hope to develop a strong working partnership with Logitrans over the coming months, and trust they will find our fuel saving and vehicle tracking solution incredibly beneficial to their operation."

[cheshiremoggie] 13/8/2014 13:53

Good news. Its only an extension but its good to see customers coming back for more. As a Kubota tractor owner myself, I'm of course doubly pleased. CM. _____ Trakm8, the AIM-listed designer, developer and manufacturer of GPRS based hardware and software for the vehicle placement and security market, is pleased to announce it has signed a further contract with the Kubota - the market leading manufacturer of tractor, groundcare and construction machinery solutions. Having supplied the company with Trakm8's Secure device for the last two years, Trakm8 is delighted to have strengthened its partnership with Kubota with this new contract. The deal, worth over GBP340,000, will see Trakm8 supply both its hardware and corresponding monthly subscriptions to the Trakm8 hosted web portal to a range of Kubota's high performance machines. For Kubota's customers, this will ensure increased security for their vehicle fleets. Under the terms of the contract, the majority of the revenue will be realised over the next 12 months, John Watkins, Executive Chairman of the Trakm8 Group comments: "We are delighted to have further strengthened our partnership with Kubota. The brand is world renowned, having developed a first class reputation for providing the best machinery solutions in the markets it operates in and we are pleased to be supplying quality Trakm8 products to match their high quality plant machinery. Trakm8 invest significantly in developing products and solutions that are at the cutting edge of technology, and the return in investment is apparent when we secure partnerships with customers like Kubota."

[mcgee9999] 05/8/2014 09:58

The QPP situation probably explains the fall, however irrational it may seem.From looking at level 2 the MMs are lining up to take shares off any sellers. Buying opportunity?

[hydrus] 04/8/2014 19:23

Possibly although I think the RAC news is likely more to do with concerns about Quindell than telematics. Look at the take up stats for Direct Line posted above. Could TRAK end up supporting RAC? Who knows stranger things have happened.

[horndean eagle] 04/8/2014 18:48

Probably linked to RAC and Quindell telematics news today. TRAK not involved but sentiment unlikely to have been helped by RAC delaying deploying the technology.

[mcgee9999] 04/8/2014 15:38

Tree shake? Can't see any news or broker downgrades.

[michaelmouse] 01/8/2014 16:54

hTTp://www.trakm8.com/ Swish new website. Michael.

[hydrus] 01/8/2014 13:46

RicGains that's interesting thanks, a very high take up and it's early days.

[michaelmouse] 01/8/2014 13:20

hTTp://www.erscharter.eu/en/content/building-road-safety-responsibly-high-volume-insurance-and-fleet-solutions-based-upon "These products and apps are deployed worldwide, alongside an exponential increase of users, with a range of leading insurers, including: Direct Line Group – The Floow were appointed the supplier of smartphone applications and telematics data analytics for the DrivePlus product range; AIG – as the supplier of telematics; Tracker; Accenture; TrakM8 – The Floow work together to deliver the analysis and develop the feedback tools; NIG – developed the FleetManager telematics smartphone app and portal software" Michael.

[michaelmouse] 01/8/2014 09:35

Good morning RicGains - Certainly sounds promising. hTTp://michae1mouse.blogspot.co.uk/2014/08/will-further-business-floow-in.html Michael.

[ricgains] 01/8/2014 08:27

Good morning.Some positive lines out of the Direct Line Half Year report.Firstly, "Take-up remains strong for Direct Line new policies with one in five under 25 year olds electing for telematics, with take-up increasing to more than 50% for new business sales to under 21 year olds over the phone.". Even more interestingly...."the Commercial division is piloting telematics propositions with Direct Line for Business and NIG customers." they also state at the top of the report that this is an "extension" of self install.Now, It's only a pilot, but the last one was successful and commercial fleets are Trakm8's bread and butter.

[cheshiremoggie] 19/7/2014 17:05

Nice find Lanzarote. Bodes well for future results. Good luck with this one. CM.

[hydrus] 18/7/2014 20:15

Good luck lanzarote

[lanzarote666] 18/7/2014 19:19

I have taken a position today too. Going to keep on growing from here. Like the Direct Line contract. Stumbled across their recent twitter message from 9 July; 'Trakm8 achieves double success with over 1000 #telematics units manufactured in 1 day & new unit installs reporting to servers @ record high'

[hydrus] 18/7/2014 13:52

Just topped up my biggest holding now, can't see a lot else in the market that has better management and prospects than this.

[michaelmouse] 12/7/2014 16:36

hTTp://michae1mouse.blogspot.co.uk/2014/07/trakm8-finals.html Michael.

[michaelmouse] 12/7/2014 15:29

hTTp://michae1mouse.blogspot.co.uk/2014/07/trakm8-no-longer-interested-in.html Michael.

[hydrus] 12/7/2014 09:45

I didn't realise EU legislation was mandating this: 'But EU legislation will make it compulsory for every new car to have an electronic 'SOS' black box system linked to satellite tracking that will alert the authorities to a crash.'http://www.dailymail.co.uk/news/article-2689510/A-black-box-car-tell-insurers-youve-crashed-Device-alert-emergency-services-accident.html#ixzz37F42L5OX

[michaelmouse] 09/7/2014 19:25

Thanks Hydrus. hTTp://trakm8.com/the-news/355-trakm8-achieves-double-success-in-june "Trakm8 is delighted to report that June 2014 saw two firsts for the company. June represented the largest month in the Trakm8's 12 year history for the number of new unit installations to report directly back to Trakm8 servers, which meets the objective of substantially increasing recurring revenues is being achieved month on month. Secondly, June saw the first time over 1000 units were manufactured in a single day. Trakm8 Group have invested heavily over the last 12 months in expanding their in-house manufacturing capabilities, and reaching this new target has demonstrated that they are investing in the right areas of the business. Trakm8 Chairman John Watkins comments on the achievements: "It is terrific that our hard work in building our client marketing activities is paying off in terms of new solution sales. We have invested heavily in additional manufacturing capacity, and it is already proving itself to have been money well spent." Michael.

[hydrus] 07/7/2014 23:02

Thank you Michael, I always enjoy reading your blog

[michaelmouse] 07/7/2014 22:06

hTTp://michae1mouse.blogspot.co.uk/2014/07/holding-predator-and-prey-win-win.html Michael.

[hydrus] 07/7/2014 20:44

Thanks PJ. Looks like they might pay £5-6m for the company so whilst its significant its nothing like the reverse takeover situation for BOX so although could be a gamble maybe not a massive one. Assume TRAK have identified some real opportunities across the different product/service lines.

[hastings] 07/7/2014 20:06

A few thoughts that may be of interest http://www.privatepunter.co.uk/News/catching-the-eye-7-july-2014