Trakm8 Share Discussion Threads

[knowbodyyouno] 06/12/2018 11:57

Microlise obviously sees value, potential and opportunity.
And who can blame them at this price?

[dc2] 06/12/2018 11:52

Arthur, but positive against your recent valuation (0p)

[arthur_lame_stocks] 06/12/2018 11:10

Well, positively against yesterday's share price, but not so positively against the share price a couple of weeks ago.

[knowbodyyouno] 06/12/2018 08:42

Not sure anyone ever doubted that there would be a placement Slarty. I certainly didn't and said as much here.
The question was always - how many shares and at what price? This has now been answered.
Positively, in my opinion.

[michaelmouse] 06/12/2018 08:31

It's worth thinking about this bit re:Microlise:-

"increased opportunities for the Group both immediately and in the mid-term"."

Can we expect a big contract announcement in the very near future?

[slartybartfaster] 06/12/2018 08:31

And there we have it, keep the lights on placing as predicted.

[keepquiet] 06/12/2018 08:29

Annual Report from 2017 - i bet this sticks in JW's throat this morning, so in 2017 they were getting near £3m from Microlise in orders - now they have to give up 22% of the business

Product revenues reduced by 35% to £5.5m
(2016: £8.4m) as we ended our contract
with Microlise and continued to withdraw
from our contract electronic manufacturing
operations. This strategy will continue into
2018 and is planned to lead to a further drop
in product revenues.

[babbler] 06/12/2018 08:17

Ps no one is calling them management gods.

[babbler] 06/12/2018 08:16

Hello again :). Its more who they did the deal with but thanks for your concerns :). Might get spiked at 21p might not but once the annoyed investors leave it should rise. Imo.

[dave4545] 06/12/2018 08:13

"cant be that bad"

Price collapses from 100p and they do funding at 22p, just because price was slightly lower does not make management gods now

[babbler] 06/12/2018 08:08

Gl. Likewise. But got to hand it to them can't be that bad if they managed premium placing at 22p

[kemche] 06/12/2018 08:03

In for a trade - but awful BOD.

[ashtree2] 06/12/2018 08:00

market cap of 7mil and a investment by Microlise ,shares are cheap so lets see what the market thinks.

[babbler] 06/12/2018 07:58

Yup. And at near 52 week low got to be one of the top risers today.

[michaelmouse] 06/12/2018 07:52

The funding at a premium is terrific, but the partnership with Microlise is a very big deal.

[knowbodyyouno] 06/12/2018 07:45

What do you make of this Dave?
Genuinely interested.
You seem to provide good and fairly balanced insight ..even if you do come across a little jaded at times.

[chrisha100] 06/12/2018 07:44

At the presentation conducted by the company back in September (on youtube) Watkins said he didn't think the company needed more funds. No credibility.

[dc2] 06/12/2018 07:42

Not saying it is not reassuring news but how did we get here, share dilution based on a single point of failure. Like Blondeamon states, 20% stake gives microlise some power over JW.

[michaelmouse] 06/12/2018 07:31

Directors sticking in another £700,000 and Microlise a key strategic investor both at 22p.

Excellent.

[michaelmouse] 06/12/2018 07:28

Equity raise of £3m at 22% premium (22p) and a partnership with Microlise which will "lead to stronger growth and increased opportunities for the Group both immediately and in the mid-term".

Lovely news after the disappointing interims!!! :)

I do hope investors bought additional shares at the depressed prices? ;)

[dc2] 05/12/2018 16:18

Agreed, Vision Track appear to buy their products from China and just integrate [not sure why Trakm8 don't]. As for the link, so many companies out there.

[dave2608] 05/12/2018 14:59

I suppose telematics can be sold as a suite of packages which can work in those firms favour who offer a suite. E.g. If you have Route optimisation with Route Monkey then if you later want telematics and camera solutions it makes sense to add them as part of a suite with your current supplier, in this case Trakm8. Mind you you don't necessarily have to have all your own in house products to offer a suite. I'm stating the obvious but suite products can be white labelled.

Just stumbled across this company and an initial glance suggests they take this principle further. Remote temperature tracking to boot.

[dc2] 05/12/2018 13:32

Other challenges include persuading the unions to allow in-cab footage. It sounds a great idea BUT I am very much in favour of giving drivers privacy.

The VT/Smartwitness cameras all offer tracking so I guess you would have two trackers in the van. As an aside, when I said that Trakm8 offer more than just basic tracking I mentally noted that the DMS4/5 protocol used by VT and co uploads a historic trail that is much better resolution than timed updates [it does that as well]. Not sure that trakm8's TEDs protocol does (it has been a while since I used it though).