Trakm8 Share Discussion Threads

[peter27] 19/9/2016 18:17

Great presentation on piworld.co.uk

[bottomfisher] 19/9/2016 17:06

Does anyone have any thoughts on why there is so little institutional interest in this company? Hargreave Hale, which has a 3.4% stake (according to disclosures on the company's website) is the only well known small cap investor to have a notifiable stake.

If Trak has such a good growth story to tell why has it not attracted more institutional interest?

[salpara111] 19/9/2016 14:43

I get the impression that the big seller in the background if finally done, thank goodness!
I added on friday.

[sheep_herder] 17/9/2016 10:11

Well, they won't ever be able to tell you if it's safe to pass someone, but yes, I'd assume they will want to try and perform as much of the vision side of ADAS as possible. I'd assume that they'll concentrate on lane change assistance and lane departure warning, as well as driver monitoring. I doubt many vans are going to be fitted with radar or lidar, and it's probably not an add on market, but they might look to innovate here or hook into the car's own ADAS system to help monitor and data log.

Overall, I was impressed with their technical story from the video and they look to have a good team who will push the technology boundaries.

[blondeamon] 17/9/2016 10:01

Yes I know it's called ADAS and no one else does this yet. It will read the road ahead and warn you of danger if you can pass a car safely etc

This is massive. We need to get ahead of everyone on this. As a developer I was checking what jobs they hire for and technologies they use are quite good and offer great salaries.

IT team we have is excellent and new CTO has great experience in telematics IT.

[sheep_herder] 17/9/2016 09:54

blondeamon, they talked about that briefly in the PI World video. Will be able to use the new camera products for this. I'd have to watch it again to remember exactly what was said.

[melody9999] 17/9/2016 09:20

runway - on the Director buy.

I can imagine that the NED might look at the share price and time his purchase accordingly.

But the fact remains that no-one invests £40K of their own money without anticipating a return on that investment ....and the NED is in a privileged position to make that judgment.....which is re-assuring for existing investors and a buying signal for watchers.

[melody9999] 17/9/2016 09:10

Good to see some serious investors joining the fray.

The market will do things in its own time; but I have a great amount of respect and confidence in our BOD to continue to grow the company.

Patience in required; for example I ran out of patience with AVS at just the wrong time and sold at 200p. Its very difficult then to buy back in at a much higher price.

GLA

[blondeamon] 16/9/2016 23:15

Look at what TRAK is cooking for their next product:



Job description

Computer Vision Scientist

The Role:

Development of vision based driver assistance algorithms;
Integration of algorithms into an embedded Linux camera system;
Contributing to system architecture design;
Contributing to camera design / development to ensure vision requirements are catered for.

The Person:

PhD or MSc in computer vision / signal processing / machine learning.
Strong background in maths / physics.
Machine learning: Cascade classifiers, Boosting, supervised learning, neural networks, clustering, feature extraction, robotic vision, SVM;
==================

This thing gets rolled out later this year, we'll be in the forefront of telematics along with the world's first 4G telematics unit.

Market will be proven so wrong on this.

[nurdin] 16/9/2016 15:34

Welcome on board Riv.I added to my holding couple of days ago.

The shares were changing hands at around 400p in January this year.There is no rationale behind the slide to 200p now imo....apart from some scary tactics used by the likes of TW and his band.I am hoping we will get up back there in due course as the company gets into gear!

[blondeamon] 16/9/2016 11:48

40toolong it's there, on right column. I see it at 08:08 for 9364 shares

[rivaldo] 16/9/2016 11:21

I bought a few of these this week - hopefully we'll see a sharp bounce soon.

This is the Shares Mag article FYI:

"Trakm8 Brexit bump in the road

Share price weakness is an interesting buying opportunity

A £500,000 increase in component costs has slammed the brakes on shares in telematics equipment manufacturer Trakm8 (TRAK:AIM).

But substantial growth in the order pipeline and management’s impressive execution track record suggests now could be a good time to buy on price weakness. Analysts are sticking to a 425p target price that implies investors could double their money in 12 to 18 months.

The share price has declined from 227.5p to 212.5p since revealing the component cost issue. The cost increase is not hugely surprising since the company sources a considerable number of its components from the eurozone. The pound has been steadily falling since long before the Brexit vote as the Bank of England’s moves to shore up the economy have pushed investors into selling the pound. Its slump over the last 12 months means sterling is now worth 16% less against the dollar
and 18% down on the euro.

The company remains confident it can o„ffset much of the extra costs through its overseas expansion plans and by renegotiating with many of its key suppliers. The optimism of executive chairman John Watkins is shared by FinnCap analyst Lorne Daniel. ‘We retain confidence that the revised full year profit growth forecasts can still be achieved if the first half 2017 profit is, as indicated, below half year 2016.’

A trading update on 7 September revealed exceptional order growth in the first six months of the full year to 31 March 2017 showing a 27% underling increase in the order book year-on-year, and an even better 37% hike when the £9.1 million
acquisition of Route Monkey is factored in.

If Trakm8’s guidance is as accurate it would imply a rough 7.5% fall in profit due to the sterling hit. Daniel top-sliced his full year earnings per share (EPS) expectations by 7% (1.3p) to 15.7p, but that still implies nearly 25% annual growth. The year to March 2018 is anticipated to show a 15% increase again, with
18p EPS pencilled in.

‘Trakm8’s management team has consistently met expectations over many years so is clearly both conservative and accurate in its financial forecasting,’ believes the analyst.

SHARES SAYS: 

A PE of 13.5 falling to 11.8 next year looks attractive given the still robust growth rates being achieved."

[40toolong] 16/9/2016 11:20

Can someone please explain why my BUY of 9,367 shares in TrakM8 at just after 8am this morning is not showing on?????

How can this be hidden from all???

[knowbodyyouno] 16/9/2016 10:34

Can someone with access copy and past the shares magazine tip - I don't have access.

Thanks in advance

[knowbodyyouno] 16/9/2016 10:25

More buys coming in - good to see the mms allowing some upward movement in the share price

Should get back into the 215-230p range soon, I hope.

[40toolong] 15/9/2016 12:47

Plus record van registrations. More vans. More sales.

Over 4 million N1 vehicles now on the road, and the best LCV registrations performance in over a decade, the van sector is miles up the road from where it once was. And the importance of vans to the UK has never been higher. CVs are the lifeblood of our economy, moving 3,000 tonnes of goods every minute – three times more than by water and rail combined.

Recent registration figures showed that August recorded the best LCV performance in 11 years, with 15,385 new vehicles registered that month.

[blondeamon] 15/9/2016 12:14

TRAK tipped on Shares magazine today as a buy.

[knowbodyyouno] 15/9/2016 11:40

Seems to be quite a lot of upward pressure on the price today but MMs seem to be keeping it in check. Perhaps there's a large/ish sell going on in the background/delayed.

[achillesheel] 14/9/2016 22:06

Big delayed buy from yesterday morning £50k worth,

[runwaypaul] 14/9/2016 17:56

please bounce.

[orange1] 14/9/2016 17:42

To be fair vacuum cleaners can be quite pricey these days.

[runwaypaul] 14/9/2016 14:59

mickeymouse

well what the fxck are you doing looking at the screen on a lovely day like this?

worried about the key support level like the directors is my guess!

[knowbodyyouno] 14/9/2016 14:45

I think it depends on the view to be honest. For me, I have no problem with well-reasoned, factually based debate. It's wild and hysterical imaginings like those you uttered this morning that tend to grate.

And what the hell does 'ramper' mean? Is that even a word? Crikey...

[sheep_herder] 14/9/2016 14:45

runwaypaul - to be fair, I laughed at your comment, just didn't think I could put it quite as succinctly as Michael.