Trakm8 Share Discussion Threads

[michaelmouse] 23/11/2015 07:32

What a fabulous little company this is. That must be the third upgrade to earnings expectations this year. Love the narrative going forward.

[parttime] 23/11/2015 07:21

''....Expect to modestly exceed current expectations''

Looks like some upgrades are to be expected, I wonder how much is 'modestly'?

[woodcutter] 20/11/2015 09:11

Having posted the TA behind my investment decision it's also worth noting my FA reasoning for investing here recently. Considering the last result the operational gearing relative to the growth in revenue looks very well placed.

2015
revenue £17.85m
cost of sales £9.85m
gross profit £8m
gross margin 45%
admin costs £6.3m
operating profit £1.76m
operating margin 9.8%

2014
revenue £9.2m
cost of sales £3.9m
gross profit £5.3m
gross margin 57%
admin costs £4.4m
operating profit £0.86m (before exceptionals)
operating margin 9.3%

Assuming the costs have been recorded correctly the reduction in gross margin has occured as a result of the cost of sales increase. however this has also impacted the administration costs such that:

growth in revenue of 94%
growth in admin costs 43%

so clearly there's been a shift in how costs are apportioned. Again assuming this is now in line with operational procedure then you might expect, going forward, that the admin costs are only likely to increase minimally as the revenue growth increases. Therefore i would expect further revenue to improve the operating profits by some margin.

woody

[rogash] 20/11/2015 07:47

MOUSE, many thanks for your explanation.

[euclid5] 19/11/2015 21:31

They normally buy the stock as a CFD & create the SB for clients

[gargleblaster] 19/11/2015 21:28

Don't know what you guys are talking about - I have had, and still have spreadbets open on certain shares over long time periods. Just coz it's a spreadbet account, doesn't mean you have to be in and out like a jack rabbit!

When it comes to seeing the purchase/sale on L2, the spreadbet company buys the shares (unless they already have stock) in the market and it shows as a trade in the normal way. So as I say - I can't that it matters.

[ardent8] 19/11/2015 17:52

From mine i hope you can tell i bought actual shares.

[martinthebrave] 19/11/2015 17:21

Parttime: I don't do spread bets because I am not very good at trading. Prefer high conviction stuff that I won't panic and sell at a loss if I get my timing wrong. Today looks to have been one of my better shouts along with Bree yesterday first thing.

[parttime] 19/11/2015 16:58

Not quite Gargleblaster, as an invester I'm just curious as to why the sudden ''chatter'' and intrest. In the old days it was always fun to spot the 'pump and dump' brigade and sell them a few shares before buying them back cheaper a few weeks down the line..

[parttime] 19/11/2015 16:14

Genuine question and asked out of curiosity but to all who announce 'just topped up... Does that mean you've increased a spread bet or actually buying the shares?

[michaelmouse] 19/11/2015 15:34

rogash from 2014:-



"TRAKM8 HOLDINGS PLC

("Trakm8" or the "Group")

Trakm8 partners with Direct Line Group on telematics

Trakm8, the AIM-listed designer, developer and manufacturer of GPRS based hardware and software for the vehicle placement and security market, is pleased to confirm that it has been appointed the sole telematics supplier of self-install devices to Direct Line Group for the recently launched Direct Line DrivePlus Plug-in device. This is confirmation of the significant hardware order Trakm8 announced on 13 January 2014.

Trakm8 is working closely with DLG's other telematics supplier, The Floow, a specialist UK based telematics analytics and software company, to deliver the analysis and develop the feedback tools.

Trakm8 is supplying hardware based on their next generation telematics device and the first of a new family of products called T10. The T10 Micro is a fully functional telematics tracking device with CANbus communications. The self-install device is fitted to the vehicle diagnostic socket and is probably the smallest such unit available today.

John Watkins, Executive Chairman of Trakm8 commented:

"This is a key milestone for Trakm8, as Direct Line Group launches a step-change in telematics for UK consumers. This proposition accelerates the awareness of telematics as an effective tool to improve driving skills and reduce fuel costs. We look forward to building on this relationship further as consumers adopt the Plug-in device." "

[rogash] 19/11/2015 15:27

what is the connection between floow ltd and Trak.Sorry for my ignorance

[woodcutter] 19/11/2015 15:15

mm

I've been doing quite a bit of back testing using IKH and i've been astounded at the results. I'm both a FA and TA investor and have had much better returns since adopting a more TA approach, backed with sound FA for stocks. However IKH looks like it can add a new dimension to both my longer term investing and my shorter term trading.

Anyone who's interested the following links might be helpful.



hxxp://www.ichimokutrader.com/signals.html

And you won't get a nasty rash either!

woody

[michaelmouse] 19/11/2015 15:07

"I've also been dabbling with Ichimoku Kinko Hyo"

Me too, but unfortunately I came out with a nasty looking rash :).

[woodcutter] 19/11/2015 15:02

Accumlated on a number of occasions recently based on both fundamentals and the chart pattern. I've also been dabbling with Ichimoku Kinko Hyo (IKH) in addition to my usual TA chart analysis and whilst TA is not infallible i thought it interesting enough to post a sample for TRAK.

What's always interesting from a chart perspective is whether to buy the breakout or the pull back. I usually tend to buy pull backs, it just seems more reliable, though you do miss some serious breakout upside on occasions.

In this case i've bought both.

What IKH does though is it distinguishes more clearly the risk of buying the breakout when price is so far away from the cloud. Although this can be picked up on the MACD too where it's clearly over bought. Buying the MACD crossover at the breakout was clearly higher risk as price was significantly above the cloud (kumo)

Anyway we'll see Monday how well the share price holds up after the recent volatility.


free stock charts from uk.advfn.com



woody

[michaelmouse] 19/11/2015 14:52

Trakm8 towards the bottom of the report.

[ayl30] 19/11/2015 13:37

Seems to be a tale of an illiquid share and MM's having fun!

[pj 1] 19/11/2015 13:25

gone blue? lol

Bit of an understatement cfro :-))

[cfro] 19/11/2015 13:17

Gone blue...

Well done to those who topped up on this mornings further dip!

[tromso1] 19/11/2015 12:57

Looks to be starting to bounce.

[adorling] 19/11/2015 12:49

Bought in with 5750 shares @ 247.45p

[martinthebrave] 19/11/2015 10:17

Just topped up at 235p. Good resistance at this level, so I fully expect a bounce from here. Fingers crossed for Monday!! Good luck to all holders.

[woodcutter] 19/11/2015 09:38

topped up too today

woody