Trakm8 Share Discussion Threads

[cheshiremoggie] 22/10/2012 13:48

Agree with your analysis Michael.

No RNS so it looks like I've put a curse on an RNS - or maybe it was just some MM or purchase action?

CM.

[cheshiremoggie] 18/10/2012 13:06

Nice rises - I assume there has been a new contract signed or something of that nature?

Of course, the news cant have slipped out can it? That would be naughty insider trading and we cant have that can we?

Interesting to see if theres an RNS in the near future.

CM.

[loverat] 18/10/2012 12:48

Good to see these move. A well run company if I recall.

[pre] 10/9/2012 16:39

very positive indeed...buying by management today will fuel further confidence....i expect this will continue north just like PEN has done over the coming days....dyor etc.

[ohisay] 10/9/2012 10:52

Thats confidence and some small recognition this morning by Pi's - second biggest riser today..

[michaelmouse] 07/9/2012 21:02

Very encouraging update. Interestingly someone has just paid 3p above the asking price i.e. 17p for £57,000 worth of shares.

Michael.

[michaelmouse] 07/9/2012 21:02

Very encouraging update. Interestingly someone has just paid 3p above the asking price i.e. 17p for £57,000 worth of shares.

Michael.

[ohisay] 06/9/2012 13:35

I think the economic forces are helpful - high oil price and need for companies to be cost competitive.Sustained low oil prices I dont see happening
As long as the technical side of the product keeps up with the competition I see this as a good LT hold.

[cheshiremoggie] 06/9/2012 12:21

Encouraging update for this microcap. I have a fair few shares in the hope that this will do a Cybit. That sold for around £30m and was 2-3 times the size of TRAK. It was bought by private equity and sold for over £200m a couple of years later (with some additions to the co.)! At a market cap of under £3m I think there is plenty of upside potential, but this size of company is very vulnerable to economic and competitive forces. To finish with a ramp, Buy, buy buy - guaranteed 5 bagger in the next 6 months. Lol.

CM.

[ohisay] 06/9/2012 10:28

great agm update today especially as regards the cash.

[michaelmouse] 21/7/2012 09:33

Great little company this one.

Profitable, cashflow positive, strong balance sheet, plenty of cash, high percentage of the revenue base from recurring revenues, positive outlook, good growth prospects and winning new business with prestigious clients.

Well below the radar of most investors at the moment.

Two interesting articles have appeared on their website. Especially the appointment of Chris Johnston as the new International Business Development Manager,



"Due to increasing demand for Trakm8's products overseas Trakm8 have appointed a dedicated International Business Development Manager. This appointment is a key part of Trakm8's growth strategy, with export sales expected to grow by 40% this year.

Trakm8 has now supplied over 200,000 telematics devices into 27 different countries worldwide. With the recent successful launch of the T8 Mini IP67 rated unit, this number is set to increase rapidly over the coming months.

Chris has already visited a number of customers in Europe and the Middle East and has plans to visit the US and South America over the coming weeks."

Also

Trakm8 opens office in Prague:-



Not sure if it's one for traders, but for buy and hold investors (imo) it's one to accumulate and watch developments. Tiny market cap. with multi-bagger potential.

On a more general note but still relevant, TRAKM8 is an excellent example of a small company achieving substantial growth through extremely adverse economic conditions. When the economic cycle changes more positvely, and it will, some of these small/micro cap companies will experience huge growth in their earnings, ratings and hence their share prices.

Michael.

[garth] 02/7/2012 21:40

Pushing 20x eps? Cheap?

[michaelmouse] 02/7/2012 20:40

Great set of results and outlook, coupled with a contract win for a prestigious client (namely motorola).

Cheap and overlooked at the moment.

Michael.

[ohisay] 29/4/2012 14:35

Nice article from last July - scroll down .



Trakm8 designs and manufacturers fleet-tracking devices used by customers that include the AA, Jewson and E.ON. A key product is SWIFT, a low-cost internet-based services platform that has been deployed in 25 countries.

The system is highly flexible: it can track and trace, provide logistics management, provide fuel savings and even monitor driver behaviour. By using the system, planners can optimise the management of their vehicles, thereby securing cost savings.

Users buy the hardware and then pay an annual licence fee, which delivers good recurring revenues. Over time Trakm8 hopes to at least cover its cost base with such payments. Another key objective is the ownership of its own intellectual property – this has led to three acquisitions, and further deals are being considered.

The European fleet market is expected to grow from €2 billion to €6.5 billion by 2013, driven by rising fuel prices and increasing environmental responsibilities. Growth for Trakm8 will be achieved by long-term recurring revenue streams, which provide good predictability of earnings. Watkins says, 'We have strong technology with a wide variety of applications.'

Half its market value is in casn and for the year to March 2012, house broker Arbuthnot predicts sales of £4.3 million and pre-tax profits of £400,000. With consolidation in the market rife – such as the recent takeover of AIM counter Cybit – shares in Trakm8 look set to motor ahead.

[cheshiremoggie] 04/4/2012 10:22

Nice post (85).

TRAK certainly has potential, both the company and the shareprice.

[michaelmouse] 04/4/2012 09:02

advfn homepage has failed to pick up that this is the second highest riser today which may be fortunate for anybody who wishes to pick up a few shares.

Michael.

[michaelmouse] 04/4/2012 08:53

Worth mentioning that TRAK are trading profitably. Always difficult to predict future earnings, but the doing the simple maths will show that a £1m profit translates into 5.3p diluted earnings per share. Apply a modest 12 times earnings gives a share price of 64p.

They won't have made a £1m profit in 2011, but given the growth they are achieving, that sort of profit can't be too far away.

As ever AIMHO, DYOR etc. and not forgetting that predicting future earnings for micro-caps is fraught with difficulty.

Michael.

[michaelmouse] 04/4/2012 08:13

04 April 2012

TRAKM8 HOLDINGS PLC

('Trakm8')

DSG Tag Systems Contract - Shipment Update

Trakm8 is pleased to announce the commencement of shipments of the A1091 hardware platform to golf, turf, and utility fleet solution specialists, DSG TAG Systems ("DSG"), pursuant to the contract originally announced on 21 January 2011.

The contract with DSG is for a total of 6,000 units and Trakm8 had expected to start shipments in the second quarter 2011. However, as set out in the Interim Statement released on 2 December 2011, this contract was delayed due to internal issues at DSG which have now been resolved.

DSG, which has extensive experience in providing GPS and wireless solutions designed specifically for the golf industry, has recently announced agreements with E-Z-GO, Yamaha and Ransomes Jacobsen for DSG's innovative golf cart and course maintenance tracking system. As a result the Canadian based company has seen demand for its TAG-150 and other products increase substantially during Q1 2012.

In advance of the predicted demand from the recent contracts secured by DSG, Trakm8 advantageously procured inventory, and consequently has been able to fulfill this first tranche of shipments at short notice.

John Watkins, CEO of Trakm8, commented:

'We are very pleased that shipments to DSG have finally started and we are hopeful that the full 6,000 unit order will be supplied over the coming months. This contract further supports the variety of applications for our patented technology and demonstrates the continued demand from new and existing partners across the globe. We are confident this early momentum will continue during the course of 2012."

-Ends-

A terrific piece of news. This delayed contract means that 2012 for TRAKM8 is off to a flying start. Although this contract was originally delayed from Jan 2011, at the interim stage revenues were still 46% ahead of the same period last year, underlining the strong growth that Trakm8 is experiencing (recurring revenues are about 66.5%).

A possible multibagger from here!

Michael.

[michaelmouse] 02/4/2012 18:50

Bizarre drop (27%) followed by a considerable bounce in the share price today.

Given such an encouraging trading statement less than two weeks ago, I'm surprised that the shares haven't risen strongly.

Good growth in revenues, trading profitably, strong cash balance and confidence in the outlook.

At the current market cap. of £2.1m it's valued at about 4.5 times last year's Free Cash Flow. The company is also valued below NAV.

Cheers.
Michael.

[ohisay] 20/3/2012 15:06

Forecasts...

Valuation 2012e 2013e
PER (Price / EPS) 8,21x 7,67x
Cap / Revenue 0,43x 0,42x
EV / Revenue 0,21x 0,11x
EV / EBITDA 1,79x 0,96

[ohisay] 20/3/2012 14:59

As long as deisel/oil prices stay high its absolutely in the right market- only issue is keeping costs under control.

[pre] 20/3/2012 11:09

Indeed loverat....

very promising imo....like this line from the rns..

'...Our 'year on year' profitability excluding Government Grants has therefore improved markedly...'

[loverat] 20/3/2012 10:49

Sounds like a fairly good update.