Trakm8 Share Discussion Threads

[andre] 16/11/2021 08:27

Interesting results. Note the MM's seem to have put the price up with no trades showing so far??

[knowbodyyouno] 10/11/2021 15:43

Nothing I've come across, but remember 26.5p only values the company at £13m.
Long way to go before true value is seen here.

[davesailing] 10/11/2021 15:38

Any news released today or just a rumour...

[knowbodyyouno] 10/11/2021 15:19

Nice price action.

[davesailing] 13/10/2021 13:58

Post Covid bounce - Ripe for a takeover?

[michaelmouse] 25/9/2021 15:06

michae1mouse.blogspot.com

[michaelmouse] 25/9/2021 15:05

Blogpost update:-

[...]

[michaelmouse] 23/9/2021 07:19

Trading statement:-



"Board is confident that for the full year ending 31st March 2022, Revenue will be approximately £19m and the Group will break even on both Adjusted Profit before Tax and Profit after Tax bases in line with market expectations."

Current market cap. £12.2m.

[knowbodyyouno] 14/9/2021 18:47

Yes, in the absence of news, it looks like it was something similar to what happened a few months back.

I'd be interested to know how much money can be made out of these things. It doesn't look like anyone was able to unload a substantial amount of shares at a decent price.

I agree - likely to drift lower in the coming days.

Well done to those who managed to exit at around 25p. Bad luck to anyone else who bought their shares ..although, if news follows then you may be OK.

Unfortunately, these flash P&D exercises never quite reach my jumping off point!

[fillipe] 14/9/2021 17:39

Must have been a carefully crafted P & D, which failed to arouse a sufficiently large interest.
Also that it tailed off completely at 1550hrs today, with no follow-through.

Unless there's some half decent news from the company I'd guess the share price will drift a little lower in the days ahead, although the agm's not that far ahead, from memory.

f

[rmillaree] 14/9/2021 12:41

Congratulations Ch1ck - don't blame you for making quick exit here on the spike!

[davesailing] 14/9/2021 12:40

Must be something going on... Trak8m getting back to profit article in UK investor magazine and takeover rumours (but who is in the running?)

[knowbodyyouno] 14/9/2021 12:30

Good luck with your future investments!

[ch1ck] 14/9/2021 12:25

I'm out up 50% with no news I have been waiting to exit this company for yearsIt looks like a pump and dump to meBest of luck to all who continue to hold though

[fillipe] 14/9/2021 12:24

Main thing, is that the buy volume is much higher than of late and is taking the price with it.

[fillipe] 14/9/2021 12:16

30% up today! It's a bit surprising of no mentions here ...

f

[knowbodyyouno] 13/9/2021 10:17

It may have something to do with Microlise's recent success - it may not. There has also been some coverage of Trakm8 in UK Investor Magazine, based on a detailed broker note - the note is available on the house broker's website. Other than these possible factors and the limited number of shares available to PIs, I'm not sure.

[ch1ck] 13/9/2021 10:11

What is going on here?

[knowbodyyouno] 11/9/2021 14:51

hxxps://ukinvestormagazine.co.uk/trakm8-getting-back-to-profit/

[harrison15] 08/9/2021 09:29

When IPO-ing, they are not going to say it was a bad move to chuck in £2m to save a company and in return get 20%....i suspect this valuation is under water. I expect they will write just let it run its course.... and hope that someone buys TRak.
The acquitions Watkins mad were a farce...at least 2 of them no IPR and just marketing/sales companies of an others product... he bought Route Monkey for silly money - a tired and clunky system ....and where is the existing owner of RM now...... left and started up again selling his wears on a modern and up to date platform....whilst he leaves the old IPR product with Watkin. Huge re-structure, redundancy costs, stock write owns and debt..... How many does watkin have oin furliugh still???

[knowbodyyouno] 07/9/2021 16:34

I'm not sure I agree entirely with your huge money assessment, but who knows. Interestingly, they mention their strategic investment in Trak in their IPO prospectus - there is also a note to say they don't expect to lose anything on the investment (which doesn't necessarily mean they won't of course, but I would think that Raza is better placed to make this assessment that you or I).

What do you think they plan to do with their 20%? Sell it down - perhaps to Watkins? Or will it be a case of picking over the bones of Trakm8 (during administration) in your opinion?

[harrison15] 07/9/2021 15:22

I think the CEO is a bright guy ! I have met him......but I am sorry to say this, but TRakm8 is a complete basket case and to try and salvage and make good will take huge money and be a massive distraction to microlise and not give them revenue growth potential. Microlise surely will be looking any acquisitions outside the UK, to gain real growth and market share in the sectors they have been successful in. there would point listing jut to buy this pup

[rmillaree] 06/9/2021 17:59

I think most shareholders here would be more than happy with 1/4 decent offer or even 1/8 decent offer ?

[knowbodyyouno] 06/9/2021 16:46

I agree and the market may well be beginning to get a sniff of it. Of course, Micro investors may also have made the connection and are speculatively hoovering up Trakm8 shares (which will seem extremely cheap even despite the companies not really being comparable in terms of history etc...). Either way, I think a buyout is highly possible. Strip out the costs (the BOD alone costs more than £1m a year), and the just the recurring rev contracts (circa £10m) would be a nice add on for Micro - particularly if they want more of a footprint in insurance / breakdown (which everybody else seems to be exiting).

My thinking has always been this company will fold, or be sold. Can't see it drifting on indefinitely.

[horndean eagle] 06/9/2021 16:34

Microlise very strong performance since listing. I am guessing they have expensive paper with which to make a half decent offer for TRAK. If they were ever going to strike then it can't be that far off.