Trakm8 Share Discussion Threads

[andre] 25/11/2020 16:30

There’s those true colours again MM.

Look at the number of actual trades, the regularity of a rise on results followed by months of drops. Now remind yourself of your buy in price. It’ll have to 5 bag from here for you to get your money back.

I’ll continue to bring realism to your blatant ramping. It’s entertaining to not let you con people into propping up your image trading choices.

As for 28% rise..... from a bottom feeding level that’s not too hard is it. Back down shortly. They can’t hide from their debts with furlough money savings for much longer. IMHO

Have a great day.

[michaelmouse] 25/11/2020 16:17

Andre you have a lot of time on your hands for a bloke who claims to have started several multi-million quid businesses from scratch? ;-) #fantasist

Trakm8 is the second highest climber today so far. Still immensely undervalued if they sustain their recovery which is becoming more probable by the day.

Anyway keep posting Andre, it helps others notice the company and do their own research. Hence the 28% rise today.

[andre] 25/11/2020 16:09

HE - When the AA contract came up, my friends company bid at a low price to try to win the business. They were happy to go low margin/high volume at the time. Trak UNDERBID them. So to suggest that the margin is high on the service side is simply not true. But don’t let that spoil your ramp.

MM - To even compare Trak to Quartix in terms of revenue is deliberately misleading. Quartix is a well run company which consistently makes good profits (remember them?). They have moved away from low rent business and have a slick sales operation and directors who know what they are doing.

Trak?

Enough said.IMHO.

[trakm8fan] 25/11/2020 16:00

Someone just bought 29000 at 18p

[michaelmouse] 25/11/2020 15:58

Just the 28% up now. Come-on bears where are you, you're doing a great job?

[trakm8fan] 25/11/2020 15:54

I'm seeing 17p sell quote on a parcel of 50000 shares

[trakm8fan] 25/11/2020 15:52

From the latest update Trakm8 said .... Major automotive customer committed to a further 24,000 units over next 12 months following their European launch .... is this AA, who else could it be? Could that number go up if they have committed to 24000, it's possible that's a minimum order. Bears will say there is no money in this. I'd like to think there is some profit and it all helps get the number of connections up. Now shipping to Europe. Can only be good news if you ask me. Blonde was predicting single digit share price soon. Looks like that blatant deramping was ignored by the Market. 20p looks more likely now than getting anywhere near to single digits.

[michaelmouse] 25/11/2020 15:11

Shares are very illiquid, but a sustainable recovery from here and the shares will massively re-rate. Trakm8's market cap. of around £8m is dwarfed by QTX's (Quartix) at £175m. Similar revenues.

[horndean eagle] 25/11/2020 15:08

Andre - I sense you are not particularly market savvy. New owners have said the debt burden is too high and AA has been starved of investment. They are going to invest capital. Go and read the RNS if you think any of that is a lie.

As for what they make from AA. The service side of it is high margin I am led to believe. No idea what your mate bid and what TRAK bid. If they thought AA were useless and had no money then I struggle to understand why your mate bothered in the first place.

As for ramping. I can suggest plenty of other boards where that is prevalent. There are few boards where the majority of posters are incessant derampers. Totally unwilling to acknowledge any good news. Every piece of news that they put out is spun as being negative.

[michaelmouse] 25/11/2020 15:03

Keep talking bears. You're bringing attention to Trakm8 and helping with the re-rate. Up 14% now.

Intelligent investors can see the recovery unfolding and are picking up shares whilst they're still cheap.

It's clear to all that the recent interims (massively reduced losses and significant increase in second half revenues) coupled with the uncertainty removed from the AA's future (announced today) is massive for Trakm8.

[axdelta] 25/11/2020 14:42

Reading the available info it looks like the AA will be using any spare cash to pay down their huge debt mountain.

[andre] 25/11/2020 14:26

HE - why do you assume the new owners will throw money at the AA? They bought it for a fraction of the price paid by the previous owners. So surely the previous owners had deeper pockets? No. The reality is that the AA is massively debt burdened and the barrier to entry in their market is small. Hence the telematic gimmick. But that isn’t the point.

The point is, can Trak get any extra sales from this and do they make any money on it? We know that the AA pay a very small amount (so no, it is NOT high margin) just like the insurance companies do. How do we know? Because my friends business also went for the contract. They pitched low but didn’t win as their price was too high! So the margins are definitely small.

MM - Boom? Seriously? That’s your post? I get that you want to push the price and then cut your losses. But posts like that on tiny volume define ramping.

Finally, give us all a company supposedly worth £8m and see if we can lose money? I am sure as hell that it takes special skills to lose money like this.

All IMHO.

There is being a bull and there is blatant ramping. MM falls squarely under the second category for me.

[dave2608] 25/11/2020 14:17

At current price of 16p market cap is an expensive £8m. If fleet attrition and margins continue to deteriate then even half this price would be very expensive. :)

[michaelmouse] 25/11/2020 13:45

At current price of 16p market cap. is a miserly £8m. If the recovery is indeed underway then even double this price would be very cheap.

[michaelmouse] 25/11/2020 13:18

HE - Absolutely.

[horndean eagle] 25/11/2020 13:13

I would have more respect for you uber bears if you were to actually admit good news when it turns up. AA have new owners with deep pockets. Pretty certain TRAK will benefit from this. To what extent we don't know but we know that AA have flagged up previously that smart breakdown was going to be a big deal for them. Smart breakdown is also high margin service revenue that should tend to last longer than insurance contracts. Difficult to say how long customers keep smart breakdown for but no reason to believe it wouldn't be for multi years.

[michaelmouse] 25/11/2020 13:12

Buying activity - even small volumes move this very quickly as usual.

Investors waking up to the significant uplift in second half revenues to March 2021 (indicated in the interims) and the all important AA news this morning.

[michaelmouse] 25/11/2020 12:56

Or boom we're off!!!

[michaelmouse] 25/11/2020 12:55

Boom we off!! Savvy investors getting it now!!!

[6jacko] 25/11/2020 12:52

interesting reading same old same old, The Watkins are amazing at spinning the truth with great smoke and mirrors. I do hope they get found out one day.

Results exactly as expected. Reduction in losses and lower payroll, this is true as no outside sales team now. All customers renewed, this is true as most customer ie Autoglass, Saint Gobain all went out to tender and were given a huge decrease in price to resign the business over 3 years. No brainer for any fleet customer. Majority of sales are all website at £5.99 not contract no commitment PAYG SAAS model Traks attempt to break into digital market. Not forgetting Partners growth where Trak dont actually own the end customer.

No wonder the results are ok, no sales staff, sell at £5.99 per month no contract, and renew all clients on at least 15% reduction in price. Short term gain but longer term pain. No change here for me at all.

[dave2608] 25/11/2020 12:30

Not content with his shameless ramping of Trakm8, he now proceeds to ramp others in his portfolio.

Maybe "The mouse "shares" his ramps would be a better title for that blog"

[dave2608] 25/11/2020 12:26

Yes they are really cottoning on. So far 5 trades: £974.04 bought, £393.89 sold.

[michaelmouse] 25/11/2020 12:21

OT - Is IXI going to be the first bagger in double quick time?:-



Up another 5% today.