developments ? Any new developments on this stock? its so quiet and the SP keeps dropping.directors are not issuing any guidelines to support the SP means they don't have much to say.
Re: NEW ARTICLE: Trakm8's spectacular crash They're keeping their price target at £4.25; that's good enough for me.Llong term still looks good.
NEW ARTICLE: Trakm8's spectacular crash "LSE:TRAK:Trakm8 has been one of AIM's star performers. It supplies telematics and data for vehicle fleets, monitoring driver behaviour and tracking stolen cars. From just 4p in 2009 and 10p in 2012, the share price peaked at 409p eleven months ..."[link]
Re: Think you got your wake up call Imho today's drop is a bit excessive given that we've still made a profit and are still signing new contracts.
Think you got your wake up call Results aren't exactly supporting the SP today!
falling asleep again. no volume, no discussion. any thing due soon ?
Video: Capital Markets Day 7.9.16 Video of Capital Markets Day presentation following the AGM, 7.9.16[link] 1hr20minsWhat's covered?John Watkins Executive Chairman, and James Hedges FD run through last years financial and operating highlights, recent contract wins and acquisitions.John Watkins then goes on to outline the opportunities, where R&D is being spent; the competitive landscape; and the benefits Trakm8 offer to the insurance and fleet management market.Matt Monnington, CTO demonstrates Trakm8s integrated camera telematics solution currently being road tested, which shows the scope of features offered.Colin Ferguson, CEO, Route Monkey demonstrates Trakm8s integrated fleet optimisation solution, to show how it optimises time and resources.John Watkins finishes by discussing the strategy and outlook.Followed by Q&A from the audience.
"exceptional order growth" Update from finnCap on Research Tree:"The AGM trading update has revealed exceptional order growth in H1; 27% YoY organic growth and including acquisitions a remarkable 37% YoY overall growth in the order book, continuing a trend for rapid growth over recent years and leaving the group on track to meet revenue growth forecasts. The frustrating delay between orders received and revenue booked (on full deployment of the telematics with customers fleets) will lead to the traditional H2 weighting. In fact H1 PBT will be lower YoY as unit costs are upfront and become more profitable the longer they are deployed. There has is also an inevitable Brexit impact from the sharp fall in GBP v USD, adding an estimated £0.5m to the component cost of the devices in FY 2017. Management hopes to mitigate the impact, but we are adjusting our CoS and earnings forecasts for the full amount to be prudent. Such factors are outside the companys control and, that aside, this is a good first five months, with a further 18,000 units deployed (a 12% increase); 7,000 in the Fleet business and 11,000 in Insurance, growing to 169,000 now reporting to its servers overall."
Re: Video: Trakm8 (TRAK) market maker on little volume most sit tight here ....
Re: Video: Trakm8 (TRAK) Seems pretty positive to me and first divi to come. Why has it fallen so much?
Video: Trakm8 (TRAK) CEO, John Watkins discusses FY results, acquisitions and Brexit[link]
lse post I think that's a very good question. On the 14th Dec last year TRAK released this statement to the market announcing an extension of their contract with AA and the start of a new partnership for a B2B fleet management system. Thus the AA have not only renewed an existing 4 year contract but extended their partnership with TRAK. So I think it's more of a case of the AA extending their partnerships in this space rather than replacing Trak. That's my take on it anyway. 14,December 2015TRAKM8 HOLDINGS PLC/AA plcTrakm8 contract extensions with AA PlcTrakm8, the AIM-listed telematics and data provider to the global market, and the AA plc have announced an extension to their current relationship.Trakm8 has been the supplier of telematic systems to the AA for their roadside assistance and recovery vehicles for over four years, bringing considerable operational and economic benefits to the business over that time.It has now worked with the AA to develop a new business-to-business fleet management system. The new product will be offered to the AA's business-to-business customers, enabling them to help manage both the cost and logistics of running their fleets. The solution is expected to be attractive to large fleet operators as well as SMEs running fleets of five or more vehicles.The system allows individual vehicle data to be tracked, including fuel consumption, driver behaviour and routes taken.John Watkins, Executive Chairman of Trakm8 commented:"This is a substantial contract and an extremely interesting opportunity for Trakm8. Working with the AA on this project we will substantially increase our understanding of remote vehicle service potential for fleets."Kirsty Lloyd-Jukes, the AA's Strategy Director said:"We have worked with Trakm8 on our own vehicle fleet for some time and they have demonstrated great innovation and support for our business. This initiative for our fleet customers is an important part of the investment in connected car technology that we are developing. We are looking at a number of options that will add value to our proposition for the rest of our business customers and our personal members."
copy from lse posts Chris, I think that's a very good question. On the 14th Dec last year TRAK released this statement to the market announcing an extension of their contract with AA and the start of a new partnership for a B2B fleet management system. Thus the AA have not only renewed an existing 4 year contract but extended their partnership with TRAK. So I think it's more of a case of the AA extending their partnerships in this space rather than replacing Trak. That's my take on it anyway. 14,December 2015TRAKM8 HOLDINGS PLC/AA plcTrakm8 contract extensions with AA PlcTrakm8, the AIM-listed telematics and data provider to the global market, and the AA plc have announced an extension to their current relationship.Trakm8 has been the supplier of telematic systems to the AA for their roadside assistance and recovery vehicles for over four years, bringing considerable operational and economic benefits to the business over that time.It has now worked with the AA to develop a new business-to-business fleet management system. The new product will be offered to the AA's business-to-business customers, enabling them to help manage both the cost and logistics of running their fleets. The solution is expected to be attractive to large fleet operators as well as SMEs running fleets of five or more vehicles.The system allows individual vehicle data to be tracked, including fuel consumption, driver behaviour and routes taken.John Watkins, Executive Chairman of Trakm8 commented:"This is a substantial contract and an extremely interesting opportunity for Trakm8. Working with the AA on this project we will substantially increase our understanding of remote vehicle service potential for fleets."Kirsty Lloyd-Jukes, the AA's Strategy Director said:"We have worked with Trakm8 on our own vehicle fleet for some time and they have demonstrated great innovation and support for our business. This initiative for our fleet customers is an important part of the investment in connected car technology that we are developing. We are looking at a number of options that will add value to our proposition for the rest of our business customers and our personal members."
Re: Big decline today I am confident it is Brexit - I have been invested in this stock a long time (lucky me). There have been a number of downward shifts in the share price almost always unexplained and followed by recovery. The nature of a stock that delivers 2000% return is by its nature volatile and has exaggerated movements reflecting underlying markets as investors take profits on nervousness. I am betting my money that this would is one of those occasions as I have done of the past years to my benefit.However with the fear of Brexit and perhaps the reality on the horizon who is to say that a flight to dollars isn't a sensible strategy !All rational investors will be hoping the polls are wrong and the little englanders don't turn up to vo
Re: Big decline today This isn't brexit. Far too big a drop.