Trakm8 Share Discussion Threads

[blondeamon] 09/6/2017 13:57

Well done 40T.

Telematics for the first time suggested as part of the clean air initiative in the UK, this is actually brilliant marketing.



This can be a major selling point for us, environmental initiatives are very high on government agendas and pushing telematics as the perfect solution in today's world makes perfect sense.

[40toolong] 09/6/2017 13:37

A nice 13,000 top up at 115.8 for me.

Soft Brexit is fine with me.

[blondeamon] 09/6/2017 12:09

All our hardware is bought in $$ so the lower ££ affects our raw materials, on a period where we had only 5% International Sales.

Of course if International Sales go up on a healthier 10-15% then yes the weaker pound would not be such a problem but our majority of customers right now is n the UK.

[paleje] 09/6/2017 11:40

Wonder if the weakened £, which some say might persist for longer, going to benefit us. If we have fixed € selling prices then it should as we expand sales in several EU countries.

[blondeamon] 09/6/2017 08:05

Or not :) But markets still look happy. Perhaps a soft Brexit is what is in order right now.

[blondeamon] 08/6/2017 16:22

Thanks, Tories should be ahead by 10 point, maybe 50 extra seats. Markets should be happy for a while.

[40toolong] 08/6/2017 14:38

I am going to do a big top up tomorrow, post election. Shares will drop tomorrow if it is Labour as the overall feeling will be "what are they going to do / what is going to happen now" and that uncertainty will kill us for 6-12 months.

They should ride if the Tories win. Either way, worth waiting.

Nice find Blonde...

[bhxian] 08/6/2017 14:26

blondeamon

Excellent find.

[blondeamon] 08/6/2017 13:47

From AA rns just now:

" Touching on Car Genie, our connected car product which we launched in April.

We are excited about the potential this brings as a tool for Members to manage their own vehicles but also for us as a means of anticipating potential problems. Our trial has shown that we can remotely predict about a third of breakdowns, enabling us to offer Members appointments to resolve problems before they cause a breakdown. This could dramatically change the nature of our business for the good of Members and our own cost management. "

[axdelta] 08/6/2017 13:05

I do not hold shares in Trakm8 nor do I work for them. I do work in this industry and have met some of the Trakm8 team. My personal view is that they are a solid growing business that has had some knocks but is overcoming them.

[blondeamon] 07/6/2017 15:37

Happy to help, I believe PIs should share information and benefit each other. The big players have way too much resources to beat them but many times we have the luxury to see what they overlook, as we use the products and services first hand.

I also believe the FY results and TU on July 3 will provide a lot of clarity. Trakm8 really has a lot going on for it right now, with more deals IMO coming soon when the success of these products hits the market.

The key as always is on the number of devices.

[paleje] 07/6/2017 14:54

3i say recovery clearly intact and next month's numbers and TU keenly awaited. I think your enthusiasm is well placed Blondie ans should say thanks cos it was a post from you months ago which originally alerted me to the potential.

By David Brenchley | Wed, 7th June 2017 - 13:09

Trakm8's big win keeps recovery intact
Keeping the faith is sometimes difficult to do, and Trakm8 (TRAK) will have been a frustrating holding for some investors. It's long been an Interactive Investor and City favourite, but has been a source of frustration in recent months.

Having been a star for so long after listing on AIM back in 2005 - it surged from 4p in 2009 to a December 2015 high of over £4 - a string of profit warnings wiped out 85% of its value over the next year and a half.

However, after a trio of contract wins and extensions last month, the telematics and data supplier's troubles could be over, with March's low of 60p a clear bottom.

Trakm8 shares have doubled in value since then and were up as much as 8% Wednesday after agreeing an extension to an existing contract with £175 billion oil major Royal Dutch Shell (RDSB).

The deal allows it to expand development of its Smart Charging product and, Trakm8 says, provide Shell with a capability to manage and optimise the charging of electric vehicles, initially for the US market.

Trakm8 and Shell have been working together since 2013 through Trakm8's Optimisation business Route Monkey, which helps organisations improve productivity and efficiency.

Trakm8 chief executive John Watkins says the deal "extends the ongoing work to cover this financial year and creates a framework for continued collaboration".

And it's this extension with regards to Route Monkey, after supermarket chain Iceland recently signed up to use the service until April 2024, that's giving Trakm8 a much needed boost.

Long-time fan and house broker finnCap said last week that the Iceland deal, along with contracts signed with Mecalec and Direct Line in the weeks previous, will "all help to reassure investors and underpin current forecasts".

"Furthermore, [the Iceland] contract validates the long and expensive programme of acquisitions and developments that Trakm8 has undertaken over the last few years to broaden its portfolio of products and services," analyst Lorne Daniel explained.

He adds that a change in approach from Trakm8 is now enabling the firm to secure large fleet contracts "and we expect to see more such services in the year ahead".

Trakm8 is a company we have backed before. Edmond Jackson drew attention to what he described as "a contrarian's dream" back in November up at £1.50, but the stock disappointed.

Undeterred, Edmond took a second look the day before the Iceland deal was announced last week. He concluded that the unravelling of the share price was due more to "timing and investment than lack of appeal of Trakm8's technology", as evidenced by the raft of recent deals.

Pre-tax profit for the full-year 2017 is expected to be much lower than 2016's £3.8 million at just £1 million before shooting back up to £3 million in 2018, according to finnCap's forecasts. At one point, those forecasts stood at £5.9 million and £7.2 million respectively.

Adjusted earnings per share look likely to be well down next year at 2.8p, giving it a rather lofty looking forecast price/earnings (PE) ratio of 42 times. Trakm8 has traded on an average historic PE of around 30 times, although that was when earnings were growing fast.

Daniel has a target price of 180p on Trakm8 shares, suggesting upside of 53%. The next catalyst will be results and a first-quarter update due early next month, which Daniel expects "should provide greater clarity on the sale of the opportunities for the combined product range".

We await them with interest.

[michaelmouse] 07/6/2017 13:25

Good news continues. Cheers blondeamon.

[blondeamon] 07/6/2017 12:13

Bibby Distribution gains more clients because of its fleet management telematics system and will invest 5m more in the next year.

[opodio] 07/6/2017 10:42

placing coming

[blondeamon] 07/6/2017 10:41

And it's good that all the recent news are more heavily weighted on the Fleet side which will improve profitability significantly. Fleet customers tend to stick around for years and once they embed our systems then it is almost unthinkable they would switch providers.

On top, we have attrition of 8% on Fleet and our customers renew their contracts every time. Iceland for example renewed for 7 years instead of the usual 3, which shows a great committment to our products.

That's why it was so important to have state-of-the-art technology, our products are top notch for at least the next 3 years without any new R&D as we're so much ahead from competition.

[michaelmouse] 07/6/2017 08:28

Yes blondeamon, it's looking like their significantly increased investment last year is now beginning to pay off. Fingers crossed anyway.

[blondeamon] 07/6/2017 07:47

More on the technology here :



I like the diversification on this part of the business, any revenue here will be 90% margin. It's all software. Probably nothing exciting in terms of ££ but it could be soon. EVs is a space with lots of growth potential.

All our biggest clients expanding contracts and adopting our new products while many new ones join. 2017 will be a transformative year IMO.

[bhxian] 07/6/2017 07:14

Now in the US with Shell.How much more good news can we take before investors wake up.
Rns out this morning.

[emptycup] 06/6/2017 22:10

blondeamon - that's quite a list and a lot of trials - is there so much customisation/development to do - surely by now it's big data squirted straight into the back-office systems of the key insurers/fleets? Simple rollouts - simple licencing - less product r&d?

Seems like a lot of time spent on h/w and perhaps lost focus on the APIs.

BTW - the new combined telematics/cam solution - what's your view on that converting the pure fleet management onto something that's a busy space what with a lot of fleet opcos now fitting simple dash mount devices just to tick the insurer's box?

[axdelta] 06/6/2017 22:01

Admirable qualities but I'm not sure they qualify you to do much.

[r1singson] 06/6/2017 19:22

lol that's your choice as is this election. I've been burned here as I bought in near its top in the 350s and lost quite a lot when it slid very fast.Anyway I just wanted to encourage vote for labour as I feel the leader is decent and honest and actually cares about people.

[40toolong] 06/6/2017 19:07

Sorry R1, do you think I should buy more Trakm8 shares?

[r1singson] 06/6/2017 13:11

Everybody vote labour.Get rid of greedy tories just in it for the billionaire owners that back them.Save our NHS otherwise it's your kids paying for everything we got free. Vote for the sake of the elderly and the less well off in our society.