Trakm8 Share Discussion Threads

[eswr] 27/7/2015 15:42

Read the announcement carefully. 9.6% is the % of the directors holdings that they have sold NOT the % of the issued share capital which is smaller at around 4% of the company.

[michaelmouse] 27/7/2015 15:23

If it's one of Woodford's funds that has bought 9.6% then the shares will probably fly into orbit!!! Sorry if sounds like a ramp, I have no idea who has bought in?

Michael.

[lanzarote666] 27/7/2015 15:22

You cannot keep a good thing down for long. More growth to come and 225p not far away in those circumstances.

More likely to acquire something else than be acquired in my view.

[michaelmouse] 27/7/2015 14:53

Holding notice should be released shortly and it will be interesting to see who it is?

This comment from the finals didn't escape my attention.

"The market remains largely fragmented although consolidation is occurring, particularly driven by interest in the space from venture capital companies."

Don't get me wrong, I'm not expecting a bid anytime soon but longer term this now becomes a greater possibility.

Meanwhile, the company is growing apace and 2015 forward p/e looks very reasonable.

Michael.

[michaelmouse] 27/7/2015 14:21

A new institutional investor has just bought 9.6% of the company from the Directors.

Directors still hold 39.7% of the company.

They must have impressed at the analysts presentation following their results.

Michael.

[michaelmouse] 20/7/2015 18:48

Profit taking by short term traders probably ardent8. If you intend to hold longer term then you have to expect spikes and dips along the way. Looking at the chart I would expect that a bounce is due pretty shortly with the stock then continuing it's upwards trajectory towards £2 and beyond. Growth has been spectacular here and doesn't appear to be slowing anytime soon. Current forward p/e is around 14. This is cheap for the growth they are achieving. There will be a number of savvy small cap investors with their fingers poised over the buy button now I can assure you.

Good luck.
Michael.

[hydrus] 20/7/2015 15:10

A good opportunity here to add here IMO

[hydrus] 17/7/2015 11:40

Damn was in a meeting and missed the dip

[ardent8] 17/7/2015 11:18

Lets hope so just bought in the dip

[luckymouse] 17/7/2015 10:37

The fwds on this are fierce - so bull flag or similar consolidation is fine

[hydrus] 16/7/2015 20:25

Rolling PE of under 15 now - pretty cheap considering the growth here

[henryatkin] 16/7/2015 14:09

Sharestobuy....be aware this is a Market Maker stock. If a fund wants to make a large purchase the Market Maker will work the price down to get commission at an improved average buying price. Nothing goes up in a straight line.

[whilstev] 14/7/2015 11:24

Buy the dips

[sharestobuy] 14/7/2015 10:35

What's going on here, seems to be going down each day? Doesn't this now have a short-term target of 2.20 by finncap

[hastings] 13/7/2015 18:26

May be of interest to others here.

[luckymouse] 08/7/2015 10:59

more like 245p

[hydrus] 07/7/2015 08:59

Current year PE ratio is about 16 - that's actually quite cheap I think considering the growth level and 'trak' record of out performance. Wouldn't be surprised if this heads over £2 in the short term.

[michaelmouse] 06/7/2015 22:03

Excellent set of results. Good to see another upgrade to market expectations for 2016 following on from April's ahead statement. Trakm8's market opportunity looks immense.

I see Finncap have raised their target price again to 220p.

Personally, this remains a long term hold for me despite buying at prices below 20p. If they fully capitalise on their opportunity then the shares will multi-bag again from here. Further organic and acquisitive growth, expansion into overseas markets and exploiting Big Data could potentially create "a very significant business" indeed.

Incidentally, they state that they "have employed mathematicians to help us analyse our Big Data and we anticipate substantial benefits as we seek to monetise the value and analysis of this asset over the coming years. We believe that Trakm8 is establishing a market leading position in this field."

A highly attractive part to all this is their financial stability and the fact that they have substantially increased their recurring revenues:-

"The recurring revenues amounted to an annualised GBP7.45m. This represents an increase of 65% over the previous year end. Significantly the March recurring revenue also exceeded the Group underlying overheads in the month for the first time in the Group's history."

and of course cash generation is very strong.

My hope is that they do build up a very substantial business, but given the attraction of their financial model, I wouldn't rule out an approach by venture capital either.

"The market remains largely fragmented although consolidation is occurring, particularly driven by interest in the space from venture capital companies."

Michael.

[visacard] 06/7/2015 18:02

I'm a holder of quartix which also seems to be benefiting from this new market. They are doing well but hard to say whether either of these companies are better than the other. Qtx is already expanding overseas and in that sense ahead of trak. Maybe they will merge one day???

[luckymouse] 06/7/2015 16:56

TRAK - Trakm8 Pretax Profit Surges, Expects To Beat Market View For 2016

Mon, 6th Jul 2015 09:02
LONDON (Alliance News) - Telematics and data provider Trakm8 Holdings PLC on Monday said its 2015 results came in ahead of its expectations, with pretax profit more than quadrupling on the back of a near-doubling its revenue, as the company said it now expects to beat market forecasts for its current financial year.

wow

[lanzarote666] 06/7/2015 15:06

There is an interview following the results today with Chairman John Watkins that I have just found on directorstalk.

He suggests that there will be 'consolidation in the fragmented telematics sector', so with the bank supporting the growth there may be more acquisitions?

There is a good summary on stok-o-pedia's small cap value report too.

[firtashia] 06/7/2015 12:55

Super volumes shifted already today & its only lunchtime. Great recovery from being 10% down, shows theres demand for this stock.

[liam1om] 06/7/2015 10:44

Glad to say I bought just off the bottom today and bang on the trend line.

I had my eye out for these results and was expecting an open above 180.