Trakm8 Share Discussion Threads

[pj 1] 08/6/2016 20:36

Whilst they say ignore the noise, I have decided that there is much too much noise for me to comfortably ignore and sleep well on it, I have exited this week as a defence tactic.

[mikeindevon] 07/6/2016 11:13

I agree ... this is not an investment institution bailing out ... the smallest holding is 1.2 million shares and the daily volumes are more like 20-50,000. It would take them forever to get out at that rate.

In these small, tightly held, companies when an institution moves on they place their whole holding, en masse, with another institution external to the general market place.

It maybe that one or more of them are 'balancing' their portfolio a bit, but I doubt even that.

Nope, its just a tightly held, ill-liquid stock and what we're seeing is fairly random noise coupled with a general hands-off, let's wait and see kind of mood in the market generally.

Let me paint a picture of how things might be happening ... first reasonable transaction of the day ... someone sells 10,000 ... MM put the price down 10p and we're into a steady fear based decline for the rest of the day. First transaction of the day ... someone buys 10,000 ... MM put the price up 10p and the opposite happens.

It's going to be this way until we have new blood in the market -- and that's not likely until we are post-Brexit and post-results.

Mike

[mrx9000] 07/6/2016 10:33

and another... knowdodyyouno registers on advfn this year and has only posted on the TRAK thread... lol, my bells are ringing.

In my view the chart is not looking good and the attempts of the above are a clear warning sign imo.

[knowbodyyouno] 07/6/2016 10:23

Someone was selling that's for sure.

Personally I think the volume was too small for an II. A total of around 200,000 shares changed hands - something like 106,000 sells, against 98,000 buys - not very many in the scheme of things. Some of us PIs here have comparatively large holdings ...thus because of the liquidity of this share, any of us sell - say to purchase property or something - then there is a huge shift in share price Doesn't mean the fundamentals of the company have changed - just means someone has made a personal decision to move onto different pastures.

[davr0s] 07/6/2016 09:47

Not sure can deduce its II selling... Wasn't winfroth having another go with his chums in past few days....?

[40toolong] 07/6/2016 09:31

How nice to wake up to the shares NOT dropping 5-7%.

Institution selling off in my opinion.

Now time to retrace our steps back to 240-270 pre-results.

This share is the equivalent to eating a full English every day

Heart attack inducing!

[knowbodyyouno] 07/6/2016 09:24

Just to clarify your post - 32x what, exactly?

[csjcsl2] 07/6/2016 07:56

re sp, not surprised share price going south, m/cap at 32 times pe is a bit expensive, great potential here but share price can get ahead of itself at times.

[mrx9000] 06/6/2016 21:59

"If I pull your other leg will the share price go up?"

No, it has bells on.

[40toolong] 06/6/2016 17:06

I assure you I will not be selling until we get to the 325p point. It must have the legs to get here.

In terms of posting, first post on any site ever today. I just cannot believe people were not talking about the company, instead wasting time on the market, brexit and other things. I always just look at the company.

If I pull your other leg will the share price go up? I knew I had done something wrong 3 days ago!!!

Have a lovely sunny evening.....

[mrx9000] 06/6/2016 16:38

So let me gut this right... 400toolong registers onto advfn for the first time today and posts solely on here.

Pull the other one sunshine. Sounds like someone who is trying to keep the share price going up, whilst exiting a large position.

[40toolong] 06/6/2016 16:04

Fair point on valuations.

I am, like everyone else, a little in shock that a decent set of results did not send things up. Perhaps the market just does not like an AIM share that is bedding into it's natural groove into the main.

Nice to see some volume today, even if it is in the wrong fashion!

[cheshiremoggie] 06/6/2016 15:44

40toolong - I cant disagree with that except that share price predictions are tricky. Long term this share should do very well indeed but short term is a nightmare with smallish volume affecting the share price so much.

Someone on here was predicting 1450p by the end of this year! I would be more than happy with my 450p target, although the share price was near $4 at the time.


CM.

[40toolong] 06/6/2016 14:26

Fine. One of the Leaders.

I have evaluated the other organisations and what is clear is that their focuses are on individual elements of telematics rather than the one stop shop that Trakm8 are. None else does Cameras, Route Planning, Telematics, Predictive Maintenance without calling upon third parties.

More importantly, as there are over 100+ telematics organisations in the UK, operators will be relying heavily on the advice of their trusted fleet partners (AA & BT Fleet (whom run the second largest fleet in the UK and also fleet manage many utility companies and public sector organisations).

Once bedded in, the Scottish Power contract will pave the way for other major utility contractors to start looking at companies such as Trakm8.

I see this going to 350-400 before the end of the year. 325-350 after the results.

[cheshiremoggie] 06/6/2016 14:11

"40toolong 6 Jun'16 - 13:57 - 1421 of 1421
All I know is that Trakm8 are the leaders in the next generation of telematics."

I think you could possibly say 'one' of the leaders - you cant seriously say 'the' leader. Worldwide? Ahead of companies 10 or 20 times the size? Have you evaluated all of the major competition?
Certainly TRAK have a different and much harder approach to replicate than the 'box shifters' who make up a large portion of the competition.

Dont get me wrong, TRAK appear to be doing very well and I believe they have a great future, but there is plenty of competition.

I still think an institution is selling, maybe due to a requirement to sell off loss making positions etc.

Hopefully the actual results will steady the ship and bring in new investors. Long term the future is bright.

CM.

[40toolong] 06/6/2016 13:57

All I know is that Trakm8 are the leaders in the next generation of telematics. Be that through UBI or Predictive Servicing technology.

The partnerships with both camera and route planning companies are natural next steps for a business like this. Fleet Directors want less information and more results and this is what this company focuses on.

Their stand at the CV was busy and had all of their technologies on show.

Traditional telematics companies do not have the engineering know how and strong partnerships that Trakm8 have.

BT fleet and AA will take time to develop, but I can assure you. If you are a BT fleet or AA customer, you will listen to them when they say they have a technology that can pay for itself through fuel savings, SMR reductions and most importantly, insurance premiums.

I cannot see why the stock is slanting as it is. I am in for the duration as the simple fact of the matter is. Only 3/10 vehicles in the fleet world have some form of technology fitted and that is changing. Fleet operators are getting more and more comfortable that tracking employees and deploying technology in vehicles is becoming more and more acceptable, especially from the Duty of Care point of view.

Been reading so much guff on here, I wanted to set the record straight.

4TL

[knowbodyyouno] 06/6/2016 13:18

Can you provide a little more information? Which acquisitions? Not doubting your integrity but perhaps provide some evidence, please.

[accrillium] 06/6/2016 12:48

wrong acquisitions draining cash.

[adamb1978] 06/6/2016 12:38

Hi Ramridge - good policy to have and one which I've been meaning to implement to reduce the impact of disasters like LAKE which take continual legs down. The only thing I intend to do first before using that rule is to look at how many of my winners over the last 3-4 years would have been stopped out early as a result. Comparing that with the total of losses avoided should tell me whether it saves more than it loses (which I suspect it will)

[andy mack] 06/6/2016 10:57

Looks like a tree shake as some decent sized trades going through now

[ramridge] 06/6/2016 10:46

Hi Adam - I think you are right. But I have a fixed rule. I will take a max 15% loss at which point my stop/loss will action. It takes the emotion out of the decision making process. Over the year this rule has saved me far more than the ones that slipped away.
Good luck and I hope it works out for you.

[r1singson] 06/6/2016 10:26

What do you think guys?