Trakm8 Share Discussion Threads

[blondeamon] 21/9/2017 15:42

Lol no I don't

[lukead] 21/9/2017 14:16

Knowbody , you should no better, anyone think blondy also posts under the name MICHAELMOUSE

[blondeamon] 21/9/2017 13:24

If he unloaded 6.5% of the available stock the share price would go to 1p, don't be absurd guys. He didn't resign, he's still working for Trakm8 just not a CFO.

He can take his sweet time for the turnaround and sell at a high price. He's been here for years and recently spent a fortune on the placing at 65p, he knew of the move to the new offices for months then so he wouldn't have paid 200k out of his pocket if he didn't plan to stick around.

Just lack of news and market jitters IMO, if you believe in the sotry now is the time to be buying cheap when everyone else is looking away. If not sell and forget. Or hold and wait to November. Easy.

[knowbodyyouno] 21/9/2017 13:16

Good point. I wondered the same at the time it was announced. Perhaps he's unloading - precipitating the recent drop? If so, it's a shame (and slightly odd) they didn't find an II to place them with.

[dc2] 21/9/2017 12:31

I wondered what the effect the outgoing director may have on the share price - he has a large holding. It would be encouraging if he held on to them.

[knowbodyyouno] 21/9/2017 12:08

Just keeps falling.

Topped up at 87p the other day and here we are at circa 81p.

[blondeamon] 21/9/2017 11:38

Another project booked from our partner Onsite:



"By using SiteZone’s data capture features, London Underground will monitor any workers’ behavioural changes towards safety awareness. When the OnGrade telematics system, Oversite is introduced to the project, data can be viewed live and reports can be generated daily across the 32 sites involved."

[blondeamon] 20/9/2017 19:58

The company is stealing clients from Quartix, beats all the big players on the insurance front and secured deals throughout Europe with major roadside assistance companies. There a lot of cheaper rivals out there, Trakm8's products are not cheap and the only denominator here is how our products are so much better than the competition. State of the art devices.

The best argument here is how they intentionally cut 2.5m of CEM sales in the last year as they were low margin, stating they will need the whole production capacity for own products this year. That says it all IMO on why all these new contracts must be more profitable than before.

But agreed, without hard numbers it's all guessing. November is not far now.

[jamiemp] 20/9/2017 18:34

Maybe they're just amazed trakm8 are giving it away for cheap. The point stands. There's always a bear case without facts and figures.


I am down by the head with teak shares personally but I acknowledge it's completely speculative.

[blondeamon] 20/9/2017 18:19

I think quite the opposite jamie.

Trakm8 just posted their last video from the AGM, hear how spectacular is our partnership with Trakm8:



There was a tender offer by Direct Line earlier this year and Trakm8 won the contract again against giants of the industry. The guy is so amazed by the products they receive from us he can hardly contain it.

He also mentions there's something brewing for the future but he didn't say what. I think they plan something big soon, could be a wide opening of telematics against older populations. That's 4m policies that could be partly converted to telematics if the price is right.

I think the new contract is more profitable than the old one as Trakm8 negotiated from a place of power and beat all the competitors by far. Time will tell.

Also to watch, clips from the Roadshow. Check how many new potential clients were there to attend:




I am convinced this will be their best year ever both in devices and profits.

[jamiemp] 19/9/2017 19:24

If they've been cutting their own throats with the contracts, November might be a nasty shock. Having said that, I just got round to watching the videos from the AGM. The customers were certainly enthused and looking to expand.

[sharesoc] 19/9/2017 18:23

There is a detailed report on Trakm8's recent AGM which can be found in our members area here:

To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here:

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[knowbodyyouno] 19/9/2017 18:07

We've had several releases/conclusions/renewals. The Intelematics contract, for example, has huge Europe-wide potential, I think. But none of this seems to be recognised by the markets. Come back in two years, is my thinking - unfortunately, I don't have the willpower to stay away from the computer-screen for that length of time.

GLA

[blondeamon] 19/9/2017 12:39

July to November is a very long time without news, first time they gave no numbers in September. We at least know the first 2 months had revenues up 10%.

All we can hope for in terms of news between now and November is another contract win. The 2 new contracts I found that have not been announced yet seem to be finishing their trial periods so I'd love to see them announce in the first half.

[jamiemp] 19/9/2017 12:11

Shame there's no catalyst until interim results - I'm not in a rush but it's been about 12 months of nothing really.



I do hope they deliver what they promise and produce an "I told you so" moment when the figures are released but only time will tell.

[knowbodyyouno] 19/9/2017 11:10

I guess as much as it sticks in my throat to say/write it - TW seems to have been right about RM - and the prediction about the share price crash, more broadly. I say this as a substantial holder of this share - although my holding isn't worth what it once was that's for sure.

Long-term all bets are on for this company. Personally, however, I'd like to see a change at the helm. Perhaps it's time JW retired. Just a thought (a recurring one).

[emptycup] 18/9/2017 17:54

Blondeamon - agree regarding RM - a risky purchase and looks not to have found the right customer for their solution. That could be a rubbish sales force or a rubbish product that it either too unwieldy, complex or expensive. I reckon Trak has enough savvy sales people what with 4 divisions (still think that's wrong) - so more like the product.

[blondeamon] 18/9/2017 10:07

Sorry I wanted to correct my previous statement.

Routemonkey is the only part of the business that did not bring any new clients on its own this year. Yes they finally booked the Shell contract after 4 years and they of course have their algorithms integrated in all products which make them complete.

But I would like to see some pure software sales from their side as well, those have more than 90% margins and great impact to the P&L even if the amounts are small.

I know they have at least 2-3 projects with the EU where grants are around ~1m combined but that's not far enough. We paid 9m 2 years ago and since then their ridiculous CEO sold all his shares and was made a director of one of the 4 Sales Streams.

If on the half years he shows he has failed to do anything all this time they should get rid of him ASAP. Company now should be fully focusing on booking more contracts and maximising revenue and devices.

[blondeamon] 16/9/2017 17:51

@dcs: I started buying small at 300p but more than half of my big purchases were sub 100p. I am convinced this can be a 5-bagger for me long term and these prices have excellent upside risk and minimum downside risk. It's a 33m market cap company whose recurring revenues alone are 10m right now.

@bhxian: An agreement of this magnitude was signed after a full year of trials and 3 months of the devices being sold live in UK and Netherlands. Trakm8 own the full IP, from hardware to software and data and is in a unique position to offer them a one-stop solution. The big investment in R&D has already paid off just from the contracts we already know (Iceland, Calor, Intelematics) and there's plenty more to come as the client base really looks too important and will raise many eye brows.

My guess is many companies across Europe will look at Trakm8 and wonder: if the biggest roadside assistance clubs in Europe trust this company with their telematics then surely it's worth doing business with.

I believe the number of contracts Trakm8 will book within this financial year will be spectacular. On the Fleet front we have the best product out there and no rival can beat it. Big clients pile up behind our name every day. (recently stole Calor Gas from Quartix after 5 years they had them)

On the Insurance front we're getting new clients every year and growing stronger relationships with the ones we already have: Direct Line(Peugeot Just Add Fuel and CitroenDrive expansions), Marmalade(extension of existing policies with new Family product) and SmartDriverClub (AXA insurance)

On each single front there's significant progress this year.

[bhxian] 16/9/2017 17:31

On the issue of the master supply agreement - one very important consideration to bear in mind is the fact that in an agreement of this nature it is not uncommon -especially for international type agreements-for there to be detailed recitals relating to ipr ownership/application.Inevitably as trak owns and operates ipr and residual ipr issues -including the appropriate "big data" aspects this encourages further the strength of their strategy -product sales/revenues underpinning big data services -which now open up the legitimacy of their (albeit expensive) European market entry strategy.
Trak were far too small -in market cap size- to enter Europe -they needed to joint venture with a much larger sized operation -such as the AA -and the deepening strength of that relationship is now becoming apparent.I do not necessarily agree with Blond -that the AA would not be a likely acquirer -in the time scales discussed on this board -2/3 years is about right -and having pared down its' debt over that period will be eminently poised to consolidate the opportunity-almost certainly it will have protected its' position in relation to the essential issues -as a precurser to finalising European joint ventures.Their -so called problems -are partly on corporate governance issues -and partly on an appreciation that they -in turn-are strategically vulnerable.Many hedge funds have eaten out on this business.

[dc2] 16/9/2017 16:33

I had forgotten that the AA did insurance. I spoke with someone in the industry earlier this year who said that standard insurance metrics would eventually be replaced by driver behaviour taken from tracking devices; that big data analytics would allow this. Obviously, that assumes cars don't go self-drive before then.

I would love to buy more sub £1 but am maxed out (you, blondemon seem to have some very deep pockets). Whilst I get the argument about cash flow the whole point to me is that it is a speculative buy and I am prepared to take the risk.

[blondeamon] 16/9/2017 14:54

Yes they appear to be exclusive, 2 of the 3 firms in Intelematics have already launched their products and it's the Connect 300 latest dongle from Trakm8. There is a reason why they did a Master Supply Agreement, so multiple companies have the same terms.

Multiple European countries, 1 device, 1 telematics Big Data analytics provider. It would be a logistics nightmare to have multiple suppliers and there's no reason why, AA is the biggest shareholder of Intelematics Europe and they are the ones who pushed for Trakm8's product as for them it's a competitive advantage. Their systems are already using it for years.

This contract IMO will make International Sales explode in the next years and will be transformational for Trakm8. UK, Netherlands, Austria, Ireland and Denmark already have launched or are in pilots. And through Arc Europe where AA is also a shareholder there are 10+ more European countries that could adopt this product without spending 1 euro on R&D. It's a very sweet proposition.

Listen to the AA presentation, their guy said their B2B is about to get all the focus in 2018 with telematics in the forefront. 10m B2B clients of the AA will have the Car genie architecture.

It would make sense that once Trakm8 gets big enough and we have something like 500,000 devices, a strategic acquisition could take place where one of our clients decide it's best to take ownership. I doubt it's going to be the AA as it has problems on its own with too much debt but something similar to what Direct Line has done with the Floow is possible in a few years.

With TRAK under 1 pound and the recent contracts and the massive potential this is the best time to be accumulating shares. This used to be 400p 2 years ago when the company was far more restricted and smaller in both sales and clients.

But that's just my opinion and I put my money where my mouth is as I bought more again on Friday. This is the biggest holding I have ever had and I keep buying as I believe these prices will never be seen again after the November update when we finally hear the progress for the last 6 months.

[dc2] 16/9/2017 13:48

Thanks blondeamon. The global potential from the AA sounds impression but is it exclusively Trakm8 solutions (hope so)? Perhaps the AA should buy Trakm8 (wishful thinking)