Trakm8 Share Discussion Threads

[smithie6] 22/3/2024 09:48

Value if sold, perhaps to the big partner shareholder (who won't be at all pleased to see how much their shareholding has fallen in value today)

...the production factory/facility must have a value and the SaS income

In the last 2-3 years there have been numerous lay offs & cuts & the boss was confident that the company would now at least break even & yet the bad economic performance just keeps going.

Surely the big partner shareholder will now replace Watkins and/or take over the co.

[knowbodyyouno] 22/3/2024 09:29

Cash raise or buyout at not much higher prices then today's.

[smithie6] 22/3/2024 09:17

Indeed.

Any opinions ?
Does the major shareholder need to step in & take over since the current exec. boss doesn't seem able to run this company without making losses & needing never ending cash injections.

[smithie6] 09/3/2024 13:20

Are we hopeful for TRAK ?

[knowbodyyouno] 06/2/2024 11:51

I'll spell it out for you: the quote has absolutely no relevance to Trakm8; none whatsoever.

[smithie6] 25/1/2024 16:41

Can you spell it out for us since I also can't see any connection with lse:TRAK ??

[pj 1] 24/1/2024 21:36

Then you have not been invested long enough.

Is it really that long or is it that your brain cells cant concentrate long enough to read and digest it?

[mrtickleuk] 24/1/2024 21:27

I struggle to see any relevance to TrakM8 in that very, very long quote.

[smithie6] 09/1/2024 22:35

Very quiet on this msg board.

[smithie6] 24/11/2023 07:30

H1 results are out.

Made a tiny profit instead of previous losses, so quite an improvement.

Any opinions ?

[kumbuka] 08/9/2023 21:32

Another top post bully boy pj. An empty brain produces an empty post.

[kumbuka] 07/9/2023 20:52

Two of your better posts bullying bully boy pj.

[knowbodyyouno] 30/3/2023 17:06

*Sainsburys and Iceland have been clients of Trak for quite some time now and yet I haven't noticed Trak smashing the ball out the park.*

Agreed. The binary result still remains operative here. FY2024, is the crescendo in my opinion: do or die.

[knowbodyyouno] 30/3/2023 17:02

Been a change in senior management since then, however.
Look, honestly, I don't care about Howden - the contract may as well be for fresh air, as far as the detail on it is concerned. As I said, what matters TO Trakm8 are the recent renewals, which we know are material to FY2023. No point debating a company that we have no idea of the potential impact of its involvement with Trakm8.

[dave2608] 30/3/2023 17:02

Sainsburys and Iceland have been clients of Trak for quite some time now and yet I haven't noticed Trak smashing the ball out the park.

[dave2608] 30/3/2023 16:48

The accounts for the year ending Sept 2021 don't look too clever. I wonder how long this lot will be around.

[knowbodyyouno] 30/3/2023 16:42

Perhaps Howden was born out of Ingenie
But it's still operating as a different company:

hxxps://www.ingenie.com/

I think both are owned by a parent company - can't remember which insurer.


There is definite connection with trakm8 - there are 2 'key' people listed on Hawden's website (odd that there are only 2, key people in such an organisation, but there you go) - a quick browse of Linkedin shows both are ex Tram8 stock (and one worked at Ingenie).

Didn't know of the Searles connection - I believe she is/was on Trakm8's board.

The question - and I raised this on the other BB - is whether, ingenie and Howden are different contracts. My assumption was that one is black boxes for kids (ingenie) and the other data algorithms: Howden driving data).

Doesn't really matter. What matters is that they bring in revenue and profit, and the jury is still out on that.

For the moment, it's Sainsbury's and Iceland that count. Both renewals are, the market accepts, good news and you will likely see this reflected in the share price over the next few days/weeks.

GLA

[dave2608] 30/3/2023 16:30

Then you have a certain Penny Searles, one of Howden's directors. That name rung a bell. Turns out she was director of Smart Drivers club Sep 2015 - Feb 2020. I'm sure they were old clients of Trakm8. For want of a better expression, it appears that some of Traks clients are recycled companies of yesteryear that used to be clients.

[dave2608] 30/3/2023 16:16

That Howden Driving Data contract. Guess what the former name of the company is. It's only Ingenie. And it's not the only time they have changed their name. And they were only incorporporated in August 2020. Two name changes in 2 and a half years.