Trakm8 Share Discussion Threads

[blondeamon] 10/7/2016 11:53

What the board did here is genius.

We have the AA, BT Fleet and Kubota all effectively running their own Marketing and Sales resources to sell our products. As they offer our products to their clients, we are all aligned in making sure new contracts keep coming in.

And the best part is that TRAK is benefitting from all of it while it has its hands free to concentrate its resources now to booking its own contracts.

Something is telling me there are going to be quite a few RNS the next 6 months for these contracts. Allianz seems to be just the start.

All IMO/DYOR, heavily invested here.

[elrico] 09/7/2016 20:38

Dave - thanks for sharing the link. I'll have a gander over the weekend.

[luckymouse] 09/7/2016 19:55

ok - well there's a bit of history & BB antics there. I wont get involved.
Have a good w/e anyway.
LM

[dave2608] 09/7/2016 19:47

Elrico ref your post 492.

But this company is growing organically. Of the UK’s Top 50 performing quoted technology companies, it's growing the FASTEST organically. And by a mega distance! Check page 7.

[luckymouse] 09/7/2016 17:38

Well in that case there seems to be a spat between yourself & MM?

Don't know what sparked that off - but I do get the sense as in poker - its not considered sporting/gentlemanly to comment on a hand if your not in.

I have actively traded these results with great success - and I have also been caught in the past by less than entirely honest directors such as GAH - so feel its ok to comment in those cases. I don't think there's any fraud here?

Buy to build is less popular than organic because of the debt - but it depends if its relatively large or small really - small is ok! In business you have to take whatever route is best for the company in any given year - mergers often reflect a crowded marketplace or a dominant player taking out smaller specialists to beef up a hole in its offering, extract synergies, sell into a larger client base etc. That's the main reason. I don't think many use M&A simply as a mechanism to perpetuate a never ending debt cycle. In struggling giants or heavy industry or frauds maybe. Don't think I would put TRAK into those categories. The way overpriced Glencore merger based largely on hubris right at the top of the commodity mkt was a classic clanger.

I think its more to do with how timely & easy mergers are done. If it takes yrs and millions to integrate then frankly its a painful questionable fit. It they integrate/consolidate technologies, staffing, property portfolios fairly easily it often works! So it depends on lightness of touch & agility.

LM

[elrico] 09/7/2016 17:01

Luckymouse - Did I say I was short! In the interest of transparency, I am not short. All I am saying, is TRAKM8 was not on my radar until your cousin brought it into light. I won't go short of any company unless; I can find examples of fraud, lies or very questionable accounting practises. Have I found evidence of any of these? Not sure, but michaelmouse is at least one red flag that can't be ignored. :-D

[luckymouse] 09/7/2016 14:08

the third case is if your short lol - you can find something wrong with any co if your short

[elrico] 09/7/2016 13:42

When a company stops growing organically and it adopts a strategy of acquisitions to bulk up cash inflow, then questions need to be asked, especially when the ratio of cash to debt makes no rational sense. The debt will become a burden. All this calls into question the accounting practises of the company before long the bears will be taking a closer look, if they’re not already. The other bear case is my dear friend michaelmouse, whom has an uncanny knack of unearthing companies with questionable accounting practises, as AVN is the latest to demonstrate.

[mr_benn] 08/7/2016 15:31

Dont understand the price here. Will top up next week funds allowing. CHT is another curious case. Making loads of $'s (which cant be a bad thing with the poorly pound) and yet at 134p is well below the brokers target of 320p.

[martinthebrave] 08/7/2016 12:39

Just topped up at 198p. Didn't think I would ever get sub £2.00 again.

[40toolong] 08/7/2016 10:02

New PM and a focus going forward can only help. But I don't think that is the cause/effect here.

It is investors who have put faith in a false prophet (TW).

I think on Monday when the accounts are revealed and they show a high Growth technology company that reinvests all of it's cash in its products (e.g Dyson early years).

You should listen to the BoD and then look at the accounts. Not listen to someone who is only interested in creating column inches.

[rhubarbkid] 08/7/2016 09:54

Yeah I'm acutely aware of that having lost several grand through making poor stress-driven decisions over the last couple of weeks (many people in the same position I would imagine).

[knowbodyyouno] 08/7/2016 08:48

It's possible but there's no current pattern to these things. Brexit has turned the markets on their heads. I think it's going to a while before there's much in the way of stability here or elsewhere in the market place.

[rhubarbkid] 08/7/2016 08:28

Several sells of just 40-200 shares. Could someone be trying to drive down the price?

[blondeamon] 07/7/2016 20:28

Company going from strength to strength, after the recent heavy investment in engineers and salesmen we start to see all the new products rolled out as well as the big name clients rolling in one after the other: Allianz, Scottish power, BT Fleet, Kubota, Shell(extension) and the list goes on. Especially Allianz must be good money as they asked bespoke software to be made for them, that's a double whammy for us as margins there are huge.

The weak £ is going to make the International Sales bring in a lot more ££ to our bottom line here. Oil going up and economy tightening might bring more managers to think how they can reduce their fleet expenses with telematics. Brexit always a reason to worry but more and more looks like TRAK is weathering it pretty nicely.

As we can see from the 57% higher revenues in the first 2 months. And IMAGINE, H1 is the weak part of the year as H2 is where all the juicy contracts and being paid.

I don't care what the market looks like or where the share price is today. There is nothing right now to stop me believing that this is an excellent company with a board that knows exactly what it's doing and delivering quality non-stop with every year that passes.

2016/2017 will be a game changer here IMO, all the acquisitions will be counted in Sales, expenses will go down as happened last year and all these contracts will make recurring revenues explode.

BT Fleet and Kubota now working for us, we're using their own marketing resources to sell our products as when they sell we gain without doing anything. White-labelling is the easiest money ever made.

I wish this falls below 2£ again as I didn't get enough last time and I am locked and loaded this time.

[40toolong] 06/7/2016 18:44

I for one am going to start tomorrow with a big BUY.

People are getting the gitters about a very good stock and I for one do not believe a word of the negative chat.

It is like the pretty girl at the party who no one has the guts to talk to. Well tomorrow I am going to go and say hello and by lunch time the whole party will be asking her the time....

Good night.

[michaelmouse] 06/7/2016 17:52

"or the games it plays into sucking investors"

That's another reason why I invested ;)

I love elfreako. Mad as a hatter, bless!

[michaelmouse] 06/7/2016 17:12

Talking of noise. LOL.

[elrico] 06/7/2016 17:06

I do find it odd but amusing when michaelmouse harps on about how our CEO sounds, etc. when he seems perfectly blind to the CEO, Williams of AVN, whom is a proven fraud and is, erh...how do I put this...creative with his accounting practices. And what of Trakm8 CEO and those rather creative shenanigans designed to appearance of a growth company? Trakm8 has missed its own growth targets by a mile, so it goes on the acquisition trail hoping to fool the stupid investors that its creating net cash inflow while hoping the stupid will ignore the debt each acquisition has taken on board. Oh and the cherry….pay a divi s we know that works. Yes, it does, but like so many Chinese frauds, it catches up with them, just as the growing debt mountain will.
In summary in the investment World according to michaelmouse for him to invest, a company must demonstrate the following attributes;

1: The propensity to commit fraud
2: Lie to investors
3: Sharp accounting practices
4: Grow debt at a quicker rate than cash inflow
5: Negative cash flow
6: Reduced margins in a competitive area
7: Pay a divi even when it is not prudent to do so
8: Several years of negative decline in the share price
9: Bond yield demonstrate equity is toast
10: Mega dilution become a cert within 18 months

And for those of you whom have this illusion michaelmouse is such a wonderful caring chap, I invite you to see what he is really like by sampling some of his rather disingenuous posts on the OPTI thread and some of the others, where he trashes long tips associated with shareprophets, all because he got burned once. A tad childish, me thinks.

[michaelmouse] 06/7/2016 15:49

Yes they are good posts indeed, the shares are illiquid and bounce forward and backward dramatically on a daily basis. A forward p/e of 12 is very comfortable and I'm just looking forward to the dividend.

The management team are very professional and doing a brilliant job. They'll continue in their understated way, and the shares will continue their upward trajectory in time.

Everything else is just noise.

[nurdin] 06/7/2016 15:35

Thanks guys..excellent posts

[mctmct] 06/7/2016 15:15

The respected TechMarketView writes:

Telematics and data provider Trakm8 impressed with both strong top line and organic growth in the year ended 31 March, driving its shares up almost 9%.

Headline revenues were up 44% to £25.7m, and up 28% on an organic basis, meanwhile, operating profits shot up 77% to £3.1m. Cash almost trebled to £4.5m. These results were boosted by first time contributions from the acquisitions of dashboard camera firm DCS Systems Ltd (DCS) in mid-2015 and route planning and optimization developer Route Monkey Holdings Ltd (RML) in December (see here and work back). The bottom line boost was achieved despite a significant R&D investment – growing its engineering base to 59 from 41 previously.

Trakm8 calls itself a ‘UK based Big Data company utilising telematics as their primary enabler’. Its technology apparently collects two billion miles of data annually through its fleet management solutions, which is used to score driver behaviour, monitor vehicle health and improve the security and operational efficiencies of customer vehicles. So data is the killer app here, and exploiting that to drive customer business outcomes.

Trakm8 also announced two new contracts with global insurer Allianz, to supply an initial 5,000 new T10 Micro self-fit telematics devices and develop software for Allianz's Global Telematics business. This was in addition to other post-year end contracts with Scottish Power, BT Fleet and Shell. Particularly encouragingly, these deals have a strong recurring revenue services component to provide services like driver feedback, and vehicle diagnostics.

Looking ahead, orders are up 29% on an organic basis. So it looks like onwards and upwards at current course and speed.