piw
14 Sep 2018
TRAK: Strategy presentation given at AGM 12.9.18 Here’s the TRAK presentation given at their AGM September 18. TRAK are great at their IR, no matter what, they give a comprehensive overview of the business and their vision, at their AGM; and answer all questions … and record it for everyone’s access. Here’s their presentation, a hour discussing where they’re at, and their vision for the future - how they will get to 1m connections by 2020 and why that’s important. Further, a great video demo of their technology in action. With interesting questions around their camera offering, and the overlap with SEE. piworld.co.uk Trakm8 (TRAK) Strategy presentation, September 2018 Trakm8 Strategy presentation September 2018 (given at the AGM)  John Watkins, Executive Chairman Introduction, mission statement & values – 00:17 John Watkins, Executive Chairman Introduction, mission statement & values – 00:17 John Furber, Group Finance Director Operational highlights of the year – 01:23 Financial highlights – 06:22 Transition to pure Telematics Provider – 10:56 Growth dynamics – 12:22 Recurring revenues – 14:37 Adj PTP tax bridge – 16:20 Cash generated from operations & debt bridge – 21:20 TRAK strategy for growth – 23:40 Mark Watkins, Chief Operating Officer Operational Efficiency Strategy – 24:48 World Leading Technology Strategy – 28:30 The solutions: i. Trakm8 Prime – 30
8 ii. Data enrichment with video – incl. video demo – 30:56 iii. Insight – 305 John Watkins, Executive Chairman Increasing market share strategy – 39:10 Ambition to have 1m connections by 2020 and capacity – 39:47 Why does 1m connections matter? (Margins, R&D & marketing spend, cash & working capital) – 427 Big ambition – what we propose to do – 44:44 Summary – 48:29 Q&A – 499 In context of 1m connection targets could you talk about your market share & competitive landscape? – 49:10 Would you put your broker forecasts on your website? – 50:19 Will R&D tax credits change with your new business strategy? – 51:38 Are there any further payments due, related to previous acquisitions? – 52:50 Why do you have to manufacture? – 539 How much work have you done on the needs eg. translation, to develop International sales? – 55:14 What’s the plan for electric vehicles and driverless cars? – 56:41 Do you buy in your cameras from eg. Seeing Machines? – 58:13 How many competitors like Seeing Machines are in your market? – 58:43
ken.barton
13 Jun 2018
What have they done Hard work? Impossible! How to bugger up a great website in one easy lesson. Good bye!
staffai
13 Jun 2018
What have they done this new format is hard work.
frusset
18 Apr 2018
Trading update and dividend glitch There's some good news in the trading update, though I didn't see anything about profits. 13% year-on-year revenue growth includes the effect of exiting from contract manufacturing, with 26% growth in the core "Solutions" business. I think this is quite minor, compared to the good stuff - "Although revenues from existing customer contracts were lower than anticipated,".Apparently a dividend was paid which was technically illegal. There has to be enough distributable reserves for a distribution. There was enough, in the 2016 interim accounts, but "due to an administrative oversight" the accounts hadn't been filed with Companies House. It looks like it can be sorted out with some legal rigmarole involving a circular, a Deed of Release and a General Meeting. While not filing is a bit lax, it's historic and seems minor and correctable without much cost, though I'm no expert on this kind of thing.The way I see it, minor negatives don't spoil bigger positives for a stock the way bits of excrement would spoil a bun, but you'd think they did, looking at how the market values the stock. I could be wrong, as nearly all my info is via management.
gretel
01 Mar 2018
Nice tip in today's Shares Magazine Featured in today's Shares Magazine, which should bring in more interest:[link] - 01 Mar 2018Genie is magic for Trakm8Vehicle diagnostic tool promises demand boost for telematics supplierIf there was a bright spot in AA’s (AA.) painful profit warning and slashed dividend it comes in the shape of Car Genie. This is the self-installed plug-in road vehicle diagnostics box that the road-side recovery business has been testing. You may have seen the ads on TV.AA reckons Car Genie is capable of predicting a third of breakdowns before they happen. Powering the solution is the fleet telematics network and analytics of AIM-listed Trakm8 (TRAK:AIM). The company saw its share price jump nearly 5% to 89.5p on the same day of AA’s update.Analysts at broker FinnCap have crunched the numbers on the AA’s approximate 3.3m members and 1.9m insurance policies, and reckon there could be a £100m future revenue opportunity over the long-term for Trakm8 from this one contract alone."
pendil
24 Feb 2018
Next news? Last year we had a trading update on 22 February, which was a profit warning. I suspect we won't get an trading update this year if trading is in line with market/management expectations. So excitement will have to come from the future prospects for Car Genie (see previous post) which does look a unique product. Anyone know of competitors? Even if there are, TRAK seem to have the AA sewn up.
pendil
24 Feb 2018
Strong Buy (The way the discussion page displays on my laptop I can't click on the buy/sell buttons)
pendil
24 Feb 2018
AA roll out of TRAK's Car Genie I hadn't made the connection with the AA announcement until I saw this research note issued by Finncap on Thursday - possibly the reason for the rise yesterday. They see significant upside for TRAK: "The AA strategy update has set out an ambitious plan for the business to move into the future; taking it from “a company helping when you break down to one actually predicting when you might break down in the first place”, flagging game-changing growth drivers in the areas of Connected Car and insurance. The key element enabling this refocused strategy will be its Car Genie product (provided by Trakm8) and it is set to see an extended rollout to “tens of thousands” of existing clients. We thus see significant upside in Trakm8 forecasts from FY 2019 for additional AA orders."and: "The AA has over 3.3m members (and 1.9m insurance policies). A full rollout with the AA alone might represent £100m in revenue over the long term for Trakm8. In the nearer term, the news suggests a big push ahead on Car Genie, which should help underpin our forecasts [for TRAK] for the next financial year (FY 2019E) and beyond. "If this catches the imagination it could well push the share price back up to 150p and beyond. Finncap have a target price of 180p (but I think they are the house broker)
TtimeTrader
23 Feb 2018
Uptrend starting possibly Noticed this has just bounced off the bottom trend line of the lows in March and October 2017. Heres hoping it can now recover some ground in the next few months.If the sp does follow another uptrend, I'm hoping it should reach £1.40 - £1.50, which would be very nice!!As always, DYOR. TT
Gunnergadin
20 Jan 2018
Taken the plunge Watched this for a few weeks now and despite its volatility, happy to get back in at a quid.Figures released from a few months ago are comforting enough for me.
Another Jacko
11 Jan 2018
Horribly overvalued These shares are horribly overvalued IMO. 50p a share is nearer the mark and even that would be pricing in growth.
staffai
28 Nov 2017
Re: share prices Shovelier ................... if we knew that we could be very rich ...
shovelier
27 Nov 2017
Re: share prices So if the profit doubles why does the share price drop so much?
staffai
27 Nov 2017
Re: not a whimper total accuracy is not a strong point sad to say
Haggis48
27 Nov 2017
share prices I agree that the ii share prices are very confusing e.g TITON has shown minus 5p on each of the last four days and yet the share price has not changed during that period. Does not give much confidence.
