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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
  7.00 41.18% 24.00 23.00 25.00 25.50 18.00 18.00 771,646 16:10:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 19.6 -1.7 -2.2 - 12

Trakm8 Share Discussion Threads

Showing 6551 to 6574 of 6650 messages
Chat Pages: 266  265  264  263  262  261  260  259  258  257  256  255  Older
DateSubjectAuthorDiscuss
13/5/2020
14:10
He lobs in a few ideas does Dave. Judging by his posts these last few months I don't suppose it's inconceivable that he has some connection with the company. Very naughty if so. 2 can play that game Dave. Its an open forum to share ideas. Nikki leaving spells disaster for some on here or it could be explained easily. We will never know. My view is you cant say that one person makes or breaks a company. Not if the company is of a reasonable size. If someone is brought in to bolster sales and then they leave the person will obviously blame the company otherwise its career suicide. The company may have a different view. They may see numbers short of target or agreed levels at start of relationship. In Sales you live or die on your numbers. If her numbers were amazing would she have left?
trakm8fan
13/5/2020
12:12
Wild speculation here. I haven't a clue and maybe this is way, way wide of the mark. Maybe Nickie was brought in for the sole purpose of poaching Masternaut customers. She's achieved that and now served her purpose and off she goes.
dave2608
13/5/2020
11:47
One can only speculate. Maybe the new group sales and marketing director Peter Mansfield is bringing his own team in? I mean trakm8Fan has tossed in the idea that Nickie maybe wasn't producing the numbers. He lobs in a few ideas does trakm8Fan. Judging by his posts these last few months I don't suppose it's inconceivable that he has some connection with the company. Very naughty if so.
dave2608
12/5/2020
21:20
Which one of the Watkins is Trakm8 fan?? More sales people gone today I’m told , Why the mass clear out. I’m purely saying the large contracts brought to the table were due to Nikki and all Masternaut accounts, you can see that on her linked in comments. My source tells her team was producing More than anyone and there’s more to this than meets the eye. Just wonder what it is.
6jacko
12/5/2020
15:17
Good info there Jacko thanks. I think if big companies have signed deals for large fleets its more likely they will still happen even without Nikki. Surely several people would need to sign off these deals so I cant imagine anyone sayin hang on someone has left Trakm8 so everything we decided a month or so ago is all wrong. It cant all hinge on one member of staff. Perhaps Nikki was getting a hard time because she wasn't producing the numbers. In which case her leaving isn't a reflection on the company if you ask me. She would surely blame the company for this poor performance now wouldn't she. Maybe she was way off her target. I still think these large scale contracts - or whatever JW called them - are starting to ship in anger now or have been for the last few months. This is what has righted the ship and the volumes should start steadily rising. Even if the volumes only stay the same we wont see all the revenue until 12 months from ship so plenty more to come. Plus more insurance companies coming online too. I'm assuming installation types can start going out and about now to fit into vehicles for these fleet deals so thats less of a barrier. I did see an AA posting somewhere saying that traffic levels are starting to rise again now so clearly the country is starting to get moving or driving again. The only bad news here is Nikki leaving and Covid. I dont think these can cause Trakm8 to fail. Its a very different story to what it was 12 months ago when people were saying bust.
trakm8fan
11/5/2020
15:24
Lots fleet customer wins by Nickie and her team on good length contracts. Source tells me due to land 2 x 5000+ contracts from Nikkis Masternaut days, Wonder if they will happen now she’s gone!! Contact says insurance is booming with activity since Corona but rudderless without Sean Morris. All sales reporting into JW himself. Why get rid of 2 directors unless money the issue! Source tells me Mark Watkins made Nikkis life a misery so maybe more to it than we know
6jacko
11/5/2020
15:24
Lots fleet customer wins by Nickie and her team on good length contracts. Source tells me due to land 2 x 5000+ contracts from Nikkis Masternaut days, Wonder if they will happen now she’s gone!! Contact says insurance is booming with activity since Corona but rudderless without Sean Morris. All sales reporting into JW himself. Why get rid of 2 directors unless money the issue! Source tells me Mark Watkins made Nikkis life a misery so maybe more to it than we know
6jacko
07/5/2020
13:37
I looked at the Trak8 website and the line up of customers looks good for future growth. Bought to day on AA's report
ch1ck
07/5/2020
12:49
Yes no guarantees for either the AA or Trakm8, but the AA are clearly on the right path and should help drag Trakm8 forward with them. If covid-19 hadn't appeared, my guess is that both company's share prices would be a lot higher by now.
michaelmouse
07/5/2020
11:44
Cheers for posting this. Took up a decent position in AA., recently off the back of the bonkers share price at the time. Today's update was a nice confirmation of what most know: it is an excellent company that will easily weather the current storm. It also has decent growth prospects. People have different views on its debt. My own is that it's well under control and management have a solid plan to service it and eventually see much of it off. This brings us nicely back to Trak and the aspects of the plan that you highlight above. If (and we know there's a question mark over this) Trak and survive COVID19, then I think the future partnership looks very bright. If not, then one must assume the AA will buy up Trak's tech from the administrators (or buy Trak in a fire sale - if Microlise acquiesce) and continue with what looks like a solid plan. My hope and faith of course lies in the former.
knowbodyyouno
07/5/2020
07:48
Excellent report by the AA this morning, and more importantly for Trakm8 there are a very significant number of references to Smart Breakdown and Telematics. They are clearly very central to the AA's growth going forward. I've picked out some statements from their report. The cross-selling opportunities are enormous. "We are making significant progress with the development and rollout of several new products and services and in May 2019 were pleased to have launched our first Product Innovation Day showcasing the range of ground-breaking tech-led innovations that we are currently developing. These include Smart Breakdown, SMR, young driver telematic-enabled insurance, as well as improvements in our digital reporting and diagnostic capabilities that will differentiate the AA, help our customers in their daily driving lives, improve our operational efficiency and generate additional revenue streams from both within and outside our current core membership base." "What we have achieved In October 2019, we launched Smart Breakdown, a new premium offering that will transform our breakdown service by using connected technology to enable early identification of faults, prevent breakdowns and get our members back on the road faster. Over 4,500 new and existing members currently have Smart Breakdown and feedback to date has been very positive. The data from our connected technology is also being used to broaden our insurance footprint through our young driver insurance proposition which we launched late in FY20." "What to look forward to Our forward connected car strategy will be multi-faceted and will involve direct outreach to B2C customers through our Smart Breakdown proposition, as well as through strategic partnerships with OEMs which either leverage our technology or utilise OEMs' existing capabilities. Where our customers give us their permission we will be able to use the data from our connected car technology to continue to build our telematic insurance capabilities." "What we have achieved We launched our new Drive Smart marketing campaign in July 2019 targeting Freedom Seekers, a younger cohort of UK motorists (typically in their mid-40s) with our new positioning - making Britain's driving life simpler and smarter for UK motorists. The Stellar Rescue campaign depicts the iconic British 'Red Dwarf' crew stranded in space before being rescued by an AA patrol following a breakdown reported through the AA app. In early FY21, to support our Smart Breakdown launch, we aired the second part of the Stellar Rescue campaign in which the crew use our Smart Breakdown technology in space. The campaigns which have been broadcast on TV, cinema, out-of-home and radio, as well as through digital channels, have been well received." "What we have achieved During the year, our digital channels were used in 48% of the personal breakdowns that we serviced, up from 45% last year. We are currently in the process of expanding our digital offerings to our B2B base, with Lloyds banking group customers now able to report their breakdown online. In relation to our award-winning app, approximately 700,000 unique users accessed the app on a monthly basis, of which around 50% were returning users and 50% were new. Approximately 60% of members have registered for the app to date, up from 48% last year. The key enhancement this year was the successful integration of Smart Breakdown functionality which is currently available to all Smart Breakdown users." "What to look forward to The investments we have made and will continue to make in marketing and pricing capabilities, as well as our online offerings including our app will give us important capabilities to improve retention performance, grow our membership base as well as drive cost reduction and enable new and bundled propositions, such as Smart Breakdown." "What we have achieved We soft launched our young driver insurance scheme this year utilising our connected Smart Breakdown technology. The integration of our digital and connected car strategy across our Roadside and Insurance businesses will enable a leading member offering through its simplicity and as a straightforward solution for motoring needs." "In addition to the non-member growth channel, we were pleased to have soft launched our young driver proposition at the end of the year which, combined with the addition of Aviva to our motor panel base, will help to significantly broaden our demographic footprint and support volume growth of the motor book." "What to look forward to We will continue to develop our young driver proposition, which we believe can be a significant value driver for our Insurance business and help to promote cross-sell opportunities." "To ensure that we have in place the optimal balance between the right level of front-line resourcing and flexibility in our cost base to redeploy resources during quieter periods, we are introducing more flexible working arrangements for our patrols. New initiatives include looking to utilise our Patrols' experience to broaden our technical services business by working on new revenue channels, such as vehicle recalls for OEMs and trials with a partner in the SMR market. Longer term, we also expect the growth of our digital reporting channels and Smart Breakdown to be a significant driver of operational cost efficiencies across our business." I might have missed some references to Smart Breakdown/ Telematics, but it's a big chunk of their report commenting on how central Smart Breakdown/ Telematics is to their future growth. Massive cross-selling opportunities exist. Very encouraging for Trakm8 as and when the "lockdown" restrictions are eased which I believe will begin this Monday?
michaelmouse
06/5/2020
16:40
blondy - cheap shots. Grow up
emptycup
06/5/2020
13:34
Wow - such macho attitude. Portfolio balance hurts much right now?
blondeamon
06/5/2020
10:25
Blondy - whatever you think of the Board, and you find a lot of time to remind us, keep away from the personal stuff and stick to how they conduct themselves and the business.
emptycup
06/5/2020
10:08
I wonder how much dough this turnaround man is on. Oh and guess the drastic measures he will no doubt will be implementing shortly, in addition to the ones already taken.
dave2608
06/5/2020
09:57
If Nickie is as good as people are saying and I've no reason to believe otherwise then it's sheer madness for someone of this quality to be leaving is it not? One can only assume that cash flow is ridiculously tight and drastic measures are being taken which makes a mockery of last weeks trading statement. £1.7 million cash on hand? At the risk of boring people I'll say it again. How much of that cash is Trakm8's and how much is the government's? Well judging on yesterday's bombshell by 6jacko most of it I would think belongs to HMRC although trakm8Fan would have you believe otherwise. As for Watkins he's got limited liability so he won't be taken for everything. He's been drawing a CEO's salary for umpteen years plus he sold a great wedge of shares a few years back "to satisfy institutional demand" at multiple times what he would have been issued them with. So he's likely to have plenty in the bank. The only glimmer of hope I can see - and I'm clutching at straws to a degree - is that costs now are being cut to the bone. It would be ironic if Nickie ended back at Masternaut. I'm saying that not knowing why she left Masternaut in the first place.
dave2608
06/5/2020
09:52
Blonde, FFS just move on. I used to respect your posts but recently you cannot see through your anger - you come out with half facts and extrapolate to the doomsday narrative that you wish for. You made a mistake and lost (which proves you don't know everything about this company). Admittedly, you did make me laugh when you accused the CEO of doing the very thing you did here not so long ago (ramping whilst dumping) - perhaps you are not so dissimilar. I'm going to take a break from posting on here - it is no longer full of well meaning contributors (bulls and bears). Perhaps when I come back Trakm8 will be gone. GLA
dc2
06/5/2020
09:51
Blondeamon- couldn't agree more that's the only reason I posted after such a long time to assist people and share what I know. You can see on Nickie Hunt-Masons LI comments from her staff and customers her reputation. My source again tells me all sales team are on furlough yet you can see for yourselves actively posting on LI and summons to daily calls to see progress made, desperate times and highly illegal. Hope they get found out! Thanks times.
6jacko
05/5/2020
18:36
According to source, new guy was introduced at management meeting to Sean & Nickie by JW as their new boss, typical JW only thinking of himself!
6jacko
05/5/2020
18:17
I don't think her credentials are in doubt. In fact, as I said in an earlier post, I was surprised that she did not get the board level promotion. Although, you have stated that that position isn't really what they sold it as so it makes more sense now.
dc2
05/5/2020
18:14
I don't know Nickie personally but my contact says she was the best sales director they ever had who bought many Masternaut contracts to Trak and built the whole sales team from scratch . Insurance and channel is where Trak are focussing on cash upfront deals. Fleet starting to suffer as they have to use finance houses or charge upfront hence the loss in sales people to cut costs. Recent cuts take £300k out salaries
6jacko
05/5/2020
17:52
Blonde, the apparent abrupt nature of her departure certainly raises difficult questions. According to 6jacko they have stopped SaaS so they are toast based on your estimates (which I think are probably right). As for the LinkedIn comment - you can read that as you like - either a dig or a serious aspiration. I see you forgot her other quote "Started almost with a complete blank canvas and now proud of the performing team I’ve built, I know they will go on from strength to strength"
dc2
05/5/2020
17:47
Nickie leaving is MASSIVE. MASSIVE. She turned the sales ship around, she brought new Fleet devices and she recruited an amazing team. Now morale must be 10 feet below and they will all leave when she finds a new role and recruits them. This will be the straw that broke the camel's back. 20% churn rate from the usual 9-10% is double! Which means they must find 15,000 new Fleet devices to sell every year just to stand still. If they stopped doing Saas rentals then they are toast, it's more than 60% of their business and 100% of Insurance. Only the very old stupid clients stay on 3 year contracts. They might not even make it until the summer now. They must be burning cash at 2m per month. They should be at their limits by the of this month. P.S Quite the assault on her Linked last sentence "I am looking for an opportunity to work with a forward thinking technology company/organisation that is committed to driving sales..."
blondeamon
05/5/2020
17:40
My source is not a board member just an old friend who I trust dearly been shafted on his commission with no other agenda and info is widely available within Trak sales team. Do what you like with the info.
6jacko
Chat Pages: 266  265  264  263  262  261  260  259  258  257  256  255  Older
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