Trakm8 Share Discussion Threads

[knowbodyyouno] 13/12/2019 10:31

Yes, I wondered whether we'd get a 'Boris bounce' today, but it doesn't seem to have materialised, as it has elsewhere in my portfolio.

Hope you're right re the contracts.

Any chance you can post these research notes please?

Cheers

[trakm8fan] 13/12/2019 08:21

Large contracts can also take a lot of time to deliver and start shipping if there are kinks to be worked out. But hopefully this then pays off at the other end where once shipping there is less chance of them moving away to a different supplier. All that work integrating the 2 business's systems and processes means they hopefully stay around for longer. Dont forget the Direct Line group deal really changed things for Trakm8. Now we have 4 more of those deals and the AA.

[dc2] 12/12/2019 19:09

Small contracts best imo. Large contracts take a lot of time in the tender process and churn of small contracts are like noise.

[knowbodyyouno] 12/12/2019 18:57

She does seem to be able to secure these micro contracts. Guess they all add up and also provide a route in to larger contracts and recurring revenues.

[knowbodyyouno] 11/12/2019 15:51

Don't blame you.

I won't pump any new money in here now. I've turned my attentions elsewhere, in that regard.

However, I'm slightly (and very cautiously) optimistic about the future of the company after Monday's RNS.

[napoleon 14th] 11/12/2019 15:26

Yep, that contract seems safe.
Let's see about the rest.
Not back in yet.

I forget who said next Feb's results will tell if the worm has really turned.
Unless the chart screams "buy" I'm staying out...

[knowbodyyouno] 11/12/2019 10:26

AA sounding very optimistic in their outlook and progress in this morning's RNS.

[knowbodyyouno] 10/12/2019 13:17

Perhaps they have Trakm8 shares?!

[trakm8fan] 10/12/2019 10:42

I just did some clicking around on the Arden website - link below. Then I thought I'd look at their share price as they are listed on AIM. Their share price has been going straight down from 53p on 1/1/18 to 17p now.


hxxps://www.arden-partners.com/

[knowbodyyouno] 10/12/2019 06:58

Did Arden produce a research note and/or rating?

[cokehookerscars] 10/12/2019 01:17

The BOD need to be made to take less money out of the company for now.

[dave2608] 09/12/2019 19:50

Harassing KYBN? Merely replying to his sarcastic comment.

[dave2608] 09/12/2019 19:24

Apologies I have the cash flow figure wrong. Actually it was minus £1,752,000 at the year end but that only exacerbates things. - £1,752 million to £1.432 million. That's a £3.184 million turnaround in 6 months despite recording a £1.787 million loss.

[dave2608] 09/12/2019 18:51

Ok knowbodyyouno, are you saying you're not confused? Clear as crystal to you is it? Then please enlighten me. How can you appear to be £1.85 million cash flow positive for the period yet make a loss after tax of £1.787 million? Over to you wise one. Somehow I think you'll be ducking the question.

[knowbodyyouno] 09/12/2019 18:43

Sorry to hear you're confused Dave, but I wouldn't worry if I were you. After all, you're not invested and appear to post here just for sport...

[knowbodyyouno] 09/12/2019 18:14

I agree. We might see a brief rally this week as news of the ostensible recovery beds in. Then, most likely, the share price will drift along, buffeted about by random buying and selling - eventually settling not much further on that we are now. This would be my prediction anyway. Short of a contract announcement, I don't think there will be another update until Feb, going on previous years. If that update further confirms the recovery then I would expect a decent shift upwards in the weeks after. Obviously, the reverse is also true. We're far from out of the woods but things seem more steady.

[dave2608] 09/12/2019 18:11

I see the consensus narrative has gone from doom and gloom to the ship is beginning to be turned around. But is this half yearly report another "We've had a sh*t half year but there's jam in the distance scenario? If so well done Trakm8 on that one; you've got the punters back on board.

I suppose the following couple of announcements help the ship being turned around scenario:

Announcement 1. "Stronger H2 and FY2021 outlook:
o Major automotive customer committed to a minimum of 45,000 units over next 12 months"

The key word here is committed. I'd argue that could mean anything. Are they committed by contract? Or are they committed in the sense of desire? I mean if it's the latter then there's no guarantee whatsoever. I could be committed to being the greatest dancer to appear on Strictly. It doesn't mean I will be. Oh and what are the margins on these 45,000 units?

Announcement 2. "Financial position
Net cash inflow from operating activities was £1.43m (H1 2018: outflow of £0.42m), this is despite the R&D tax credit receipts of £1.01m failing to be received before period end due to HMRC delays (H1 2018: £0.97m received in August 2018)."

So is this reading that they have gone from a cash outflow of £0.42m to a net cash inflow (from operating activities) of £1.43m? In that case they are cash flow positive £1.85 million for the period. So if they are that much cash flow positive, how come they made a loss after tax of £1,787,000? But the wording's a bit weird here isn't it? Why are they calling it cash inflow from operating activities? What is the actual cash flow? Is this the same as cash inflow from operating activities? I'm sorry but this is confusing.

[trakm8fan] 09/12/2019 17:38

I'm not sure it will start gliding up without more news. I think the next few days will be telling while people absorb the results and wait to see what happens. This could easily start sliding down gradually again. Share price movements largely seem random to me. Blonde said there would be a Q3 update in January, why is that?

[dc2] 09/12/2019 17:25

Yes, a sound RNS - let's hope this translates into a rise.