Trakm8 Share Discussion Threads

[pre] 21/1/2011 09:37

excellent summary envirovision....way too cheap...and re-rating very likely here now....

[envirovision] 21/1/2011 08:55

Thats a lot to be delivered in one go. The 3 pence EPS last year looks like its going to get well smashed. Hopefully there should be some broker forecasts sooner or later.

It could be possible we are currently on target for an EPS of 4p this year, I.E. a forward PE Ratio of 3-4 now.

If more contracts come in later in the year like this, then 03/2012 could be even better, say eps 5-6p as those contracts start to roll over?

For a company growing at a rate like this, a forward PE of 10 is certainly not to demanding so surley 50p would look good value, which makes this a 3 bagger.

No wonder the directors piled in at 12p last year.

[pre] 21/1/2011 08:23

very small free float around....i like the technology here...6000 units should give them a sizeable income from this contract:-))

[pre] 21/1/2011 08:19

maximum on line buy limit now only 10k....

[pre] 21/1/2011 08:05

indeed...'significant' contract win with this order...should see rerating now....

[ntv] 21/1/2011 08:03

nice contract

[ntv] 14/1/2011 10:08

seems cheap to me

[ohisay] 11/1/2011 10:38

Completely validates the technology IMV.
Small free float so interest could generate decent share returns.

[envirovision] 11/1/2011 10:24

it does look good i must admit, that AA contract could prove a game changer in time.

...and meantime EPS of 3p is not starting to look out of reach on a forward basis.

[ohisay] 11/1/2011 07:51

Trakm8 (TRAK, 12.5p, £2.35m) Interims to September 2010 from the telematics business saw sales flat at £1.72m (£1.71m) with gross profits of £1.17m 9£1.14m), gross profits of 68% (66.7%) with operating expenses of £0.87m (£0.89m) leaving adjusted PBT at £0.28m (£0.22m) with EPS of 0.86p (0.57p). The group ended the period with net cash of £0.20m (£0.47m at the yearend) reflecting the purchase of telematics assets from Vincotech. The second half will see continued deliveries against the St. Gobain contract (announced in June 2010).
Encouragingly recurring revenues no cover 57% of the cost base (43% a year ago). Forecasts around 1.9-2p EPS would put the group on a very modest 6.6x PER or lower – we see upside to around the 8.5x or higher – so rate the group a BUY with a price target of 16p or more. (Julian Tolley)

[ohisay] 11/1/2011 07:48

Nice contract win today with the AA.

An excellent company investment too as a play on high fuel costs.


The user friendly SWIFT web portal allows fleet managers to see how much fuel their vehicles use – and how much is wasted through harsh driving, running idle and fuel theft.

Diesel increased to an average of 125.73p a litre in December, 14.21p a litre more expensive than a year ago. Due to these soaring prices, monitoring fuel usage is more important than ever before.

Trakm8's solution accurately measures fuel and MPG levels, fuel usage and driver behaviour through CANbus connectivity – giving fleet managers the information they need at their finger tips.

[ntv] 16/3/2010 09:24

ls try pen

[ntv] 16/3/2010 09:22

nice climb today
still undervalued imho

[tomboyb] 16/3/2010 09:05

dirs buying always a good sigh but very illiquid with 2.5k offered online at 20p. lets not talk about the spread .lol.

[longshanks] 16/3/2010 09:02

damn it. was going to buy today....will have to find another underpriced gem.

[tomboyb] 16/3/2010 08:50

dirs buying a few and very difficult to get anyone online.

[ntv] 15/3/2010 18:38

interesting little company

[double6] 19/11/2009 08:20

Canny results during a difficult year.

[andre] 19/9/2009 20:25

Stock rising on no trades at all. Yet they are telling customers that they are not offering leases anymore I hear. Curious. Wonder what they might be doing?

[andre] 06/5/2009 08:55

Spoke to one of their ex-sales guys a few days ago. He reckoned the alliances were great - on paper, but not doing much. Then again, he was an ex-sales guy so weigh that as you will.

[zigbee] 26/2/2009 17:40

Does anyone know if these guys are still functioning?

[sdavis] 20/11/2008 11:10

Seems to be in the final stages. Worth £600k. In better times they may have been rescued but now I reckon they will be allowed to fold and other companies will pick up the clients and out them on their own platform.

[sdavis] 20/11/2008 07:17

How long have they got left? £/Euro is going to make things even harder for them.