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Share Name Share Symbol Market Type Share ISIN Share Description
Trakm8 Holdings Plc LSE:TRAK London Ordinary Share GB00B0P1RP10 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 21.00 20.00 22.00 21.00 21.00 21.00 506 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 19.6 -1.7 -2.2 - 10

Trakm8 Share Discussion Threads

Showing 6451 to 6474 of 6675 messages
Chat Pages: 267  266  265  264  263  262  261  260  259  258  257  256  Older
DateSubjectAuthorDiscuss
27/4/2020
10:04
I'm no accountant but I assume that if they increased their outgoings as part of their growth then they could be in a scenario where they have generated more cash whilst simultaneously increasing their outgoings to make a loss. Not saying this is fact.
dc2
27/4/2020
09:55
Surely if they were loss making for the year the only way they could have generated cash is through depreciation or working capital? Or maybe some money from the Government if they're entitled to any.
arthur_lame_stocks
27/4/2020
09:34
Yes please feel free to check my TRAK record, and others :). Always an honest account. Where's your track record Blondeamon? hTTps://uk.advfn.com/cmn/fbb/thread.php3?id=20681152 Bought out for £6.50. Also check out:- hTTps://michae1mouse.blogspot.com/ Details winners and losers.
michaelmouse
27/4/2020
09:28
I did have one concern about their deferral about PAYE/VAT. Where is this cash held, one assumes it is part of the £1.7m
dc2
27/4/2020
09:25
Hahah yes you think it's a good update, huh. Like you thought 7DIG is another good company along with TRAK and have lost 99% of your money. Listen to whoever you like but first check their track record.
blondeamon
27/4/2020
09:23
It's difficult to know during these unprecedented times what to expect from company trading updates. Overall, I'd say that it's a pretty good update, although as with all companies at the moment it's difficult to know what the future holds? Dealing with their debt first of all. Net debt is the same as it was at the equivalent period last year. However, bear in mind that they took on an additional £1.4m loan in December which infers that cash generation has improved considerably. At the half year, cash had reduced to around £600k but now stands at £1.7m. "Cash generation from operations has been much improved and at 31 March 2020 the Group net debt was £5.6m (£8.0m after IFRS 16 changes) which is the same as at 31 March 2019 and a £0.5m reduction since Sept 2019. At the year end the Group had £1.7m of cash on hand and a further £0.5m of available funds under our revolving credit facility." Their recurring revenue base is 50% of total revenues at £9.8m. That's a very big plus. Total revenues at £19.6m showed an increase of £2m in H2 compared to H1 i.e. £10.8m vs £8.8m. Another big plus. Their insurance market is a big positive at this time, and is clearly less affected than fleet by covid-19 restrictions. Indeed they have launched with 2 new insurance companies post year end with 2 more to come on stream. As mentioned before, By Miles is a customer and they are getting more and more rave reviews by the day. The self-fit devices are a major advantage in these times, and I believe will be in the future. They have also confirmed major renewals with fleet customers which we knew about from the website. Very sensibly they are making use of the Government's furlough scheme, and considering a further loan (interest free for 12 months) whilst they navigate the uncertainty that covid-19 has caused. In summary, a good recovery to 31 March 2020 and some optimism even in the current climate.
michaelmouse
27/4/2020
09:22
Ok, so let's assume they spent it on fast cars etc. They have exchanged a debt which may have had covenants on it for a government backed growth loan which I doubt is as aggressive. Perhaps we are both blinded by Trakm8.
dc2
27/4/2020
09:11
Yeah? Then where is the growth? Is it the loss making year, the loss of connections in H2 or the disastrous year they are about to have in 2020? What have they done with that money? Take out the blinkers. Price already started to fall, prepare for an avalanche back to 8p.
blondeamon
27/4/2020
09:00
I think it does matter. A large growth loan used for its correct purposes implies a reduction in other types of debt. Assuming it was used for growth and not repayment then it also means the company is stronger I.e grown
dc2
27/4/2020
08:58
Dc2: does it matter? They started the year with 8m debt and finished it with 8m debt. You can get a new credit card to pay off the old one but nothing changed, you still haven't managed to reduce your debt. Or do you have rose tinted glasses, only seeing what you want? There's absolutely NOTHING positive in this RNS. What exactly excited you?
blondeamon
27/4/2020
08:43
If debt is the same as Sept 2019 then how do you explain the Dec 2019 growth loan?
dc2
27/4/2020
08:41
Blonde, you are just a bit bitter. I think you will see some director buys off the back of this, especially the new guy...
40toolong
27/4/2020
08:35
And btw adjusted loss of 0.2m will probably be something like 1.5m in profit before tax. Dishonest companies always use the adjusted BS instead of PBT. If you think they can take more of those million losses hits right now you are deluding yourself. Their debt is uncontrollable and banks won't lend them anything more. They might get some more corona loans but they will just make their debt pile bigger. They can't convert revenues into profits....this is a sham company. No matter how much they borrow they never have profits.
blondeamon
27/4/2020
08:31
More and more insurance customers signing up. These must either be brand new to the market or are moving over from the likes of QTX. Both scenarios are great news although Blondie will just say they are giving their product away cheap. 1.5m loss last year to 200k loss this year is a change of 1.3m. So if there were 800k cost savings they have made 500k more profit from increased volumes over the last few months. Let's say last 5 months to keep the maths simple. Therefore extrapolate over 12 months gives 700k more profit next year than this year if they don't increase volumes and stay at this level. That would be 500k profit next year and cash positive.
trakm8fan
27/4/2020
08:30
When it came to it, couldn’t sell them all. Glad I didn’t now. Nicky has done a great job with winning Altrad. Lots to be excited about. Also AA will see a nice tick up in SB Ashby home owners will be concerned that their vehicles are draining their battery....No the debt problem has been stabilised, now it’s time to grow the top line.
40toolong
27/4/2020
08:16
Ps. Whilst I wait for Blonde's view I did think our statement read well.
dc2
27/4/2020
08:10
I thought you got out at 8p?Anyway, QTX sent out a TU today, worth reading in conjunction with this one. Their's seems much worse but are they reporting the same thing?
dc2
27/4/2020
07:53
Wow, have to give it to them, they have turned around the leaky ship. Now they need to just get through this Covid time. Great news on Eon and AA has finally been confirmed them. I am topping up think this will now drift to 100p. Telematics companies are worth 10x revenue when traded. Well done BoD for getting there and not pulling our legs anymore, we had enough of that. Onwards and upwards
40toolong
27/4/2020
07:49
Results look solid with a few good markers for the future
ch1ck
24/4/2020
14:19
If you ask for a quote to buy 25000 shares it is 16.5p but any more is 17.9p
trakm8fan
24/4/2020
13:30
I wouldn't mind working as a market maker for a few weeks to see how these guys operate.
dave2608
24/4/2020
13:21
Shares bought 116,559. Bought Value £18.65k. Less that a quarter of a per cent of the total share capital has been traded and it's up 23%. Mental. 116,559 / 50,000,000 = 0.233%
dave2608
24/4/2020
12:32
It's also a good example of M-mouse was saying the other day about liquidity and the speed at which the price can move (either way, of course).
knowbodyyouno
24/4/2020
12:20
Back to my last post on here. I still believe this company has been overlooked.Commercial is still running and will be the first to be allowed back on the roads.AA and others are a good revenue stream.If we see a few more rises like today it will build confidence in the share
ch1ck
Chat Pages: 267  266  265  264  263  262  261  260  259  258  257  256  Older
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