Trakm8 Share Discussion Threads

[40toolong] 12/9/2018 08:01

Time for John Watkins to step down..

[keepquiet] 12/9/2018 07:38

Its so badly worded anyone could read a positive and negative from it which doesn't help give confidence

[muffster] 12/9/2018 07:36

Poor choice of words. Just be honest.A large customer still cant shift the goods but we are expecting everything to be back on track. Seen this before with other companies only leading to disappointment as large customer orders don't pick up as hoped.

[knowbodyyouno] 12/9/2018 07:35

Apparently the insurance space will drive revenues in the second half.

[michaelmouse] 12/9/2018 07:33

Reads positively for me. The first half was already known from the final results (2nd July) which is why the share price dropped from 96p at the time because investors were nervous they wouldn't reach market expectations.

The trading statement has confirmed that they will despite the £1.6m planned reduction in CEM activities compared to last year:-

"The Board is pleased to report that the outlook for the year ending 31 March 2019 is in line with market expectations, with an improved financial performance driven by continued growth in the telematics business more than offsetting the eliminated CEM activities."

"The second half of the year will benefit from resumption of volume shipments to the significant customer referenced above and increased momentum in the fleet management market. The Directors are also confident that new contracts to be awarded, particularly in the insurance space, will drive additional revenues in the second half of the year."


This all suggests that second half revenues and financial performance will significantly exceed last year's and hopefully accelerate into 2019.

[emptycup] 12/9/2018 07:30

Terrible! Agree the wording is shocking but the insurance telemetry cancellations is a huge worry. Perhaps these policies are too restrictive and maybe inaccurate in their assumptions? When you setup the business to make 1m of them...

[knowbodyyouno] 12/9/2018 07:08

Whoever writes these RNS, needs to be fired.
Awful.

[40toolong] 11/9/2018 17:07

Good luck to all tomorrow!

[40toolong] 11/9/2018 16:09

I too am in far too deep.

Here is hoping!

[pj0077] 11/9/2018 15:29

Don't get emotional... it clouds your judgement.

[knowbodyyouno] 11/9/2018 15:16

I won't be going anywhere, on the basis of one Trading update, I'm in too deep. I do, however, hope it's positive.

[40toolong] 11/9/2018 14:38

They said tomorrow is about showing how they are going to create “Shareholder value”.

A Buy Offer from an Insurer / AA / Private Equity / Telematics Co is the only way they are going to be able to do that for me.

Or a sodding great order for 1m units a year....

I kind of think this is the last chance for them to get the market on board or there will be a mass departure from this stock, with me at the front of the queue...

[dc2] 11/9/2018 14:27

Personally, I would just like to have a solid justification for upping device manufacturing in the UK to circa 1 million devices per annum. That is some commitment and I am hopeful there are clients behind it.

[knowbodyyouno] 11/9/2018 14:04

We already know that the first half isn't going to be great. Presumably that will be confirmed tomorrow. What we need (and I think someone else has already mentioned this) is reassurance that the 2nd half is going to pick up the slack or better. Can't blame people for getting twitchy - particularly given this BOD's history of bad news.

I'm here for the long-term picture, which I still believe is rosy, so what happens tomorrow doesn't mean too much to me. I would expect some kind of wild swing either way.

GLA

[horndean eagle] 11/9/2018 13:30

Today's action doesn't exactly bode well. Lets hope he has got some upbeat news for the outlook.

[40toolong] 11/9/2018 13:18

Buys pushing us to a year low....

Need some good news tomorrow or Johnny Watkins needs to fall on his sword...

[pj0077] 10/9/2018 12:32

I bet that made you fall out of your pram, opo?#LOLZ

[tonybaloni] 10/9/2018 12:10

I'd be happy to split the difference at 180p - very happy

[40toolong] 10/9/2018 10:50

I had one that it was sold for 333p

[opodio] 10/9/2018 05:22

Had a dream this plunged to 28p

[40toolong] 09/9/2018 21:47

Good luck to all holders this week.

Some clarity on how things are going and the confirmation that H2 will pick up the slack from H1 is needed.

[tonybaloni] 06/9/2018 17:13

Full time score. Nil Nil

[tonybaloni] 06/9/2018 12:30

AST half time and not one trade !!!!