keep dropping Another 5 to 10% and I will be topping back up slowlySorry for wanting it too dro
Re: tooksome profit today I do think the PER is pretty high but if they win anther big contract or they beat forecasts that could change. The other reason I reduced was everytime ive weighted my portfolio to 1 stock its ended badly. And those shares were all sure winners. I promised myself never again. Trakm is still my biggest holding and my favouite holding with the best prospects.Please dyor as im very bullish on this stock so am ramping a bit.as I hold it
Re: tooksome profit today No not seen anything either. It's just normal market action I think. It sold off after the last big push, now it's coming back again and more besides. A continuation of the trend of higher highs and higher lows as more market participants realise the potential of this company. Long may it continue.BTW zulu, well done with your recent trade, looks like you timed it pretty good. I knew you must've made more than 22 quid! I also topped up recently at 252p but sticking with my top up - for now.
Re: tooksome profit today £22K. ive not seen anything over the last few days that has given it this push upwards.Any one else?
Re: tooksome profit today £22 profit doesn't sound much! are you sure?
tooksome profit today Took some profit today. Sold 20% of my holding at an average 62% profit. Not bad as some i bought some only 2 weeks ago. With what I still hold its my biggest holding and that is up an average of 111% giving me a £22 profit. PER for 2016 is 28 and 2017 is 20 but pegs are still great. The valuation is high but I still rate the stock highly and csn see them beating forecasts. If it drops I will be adding
NEW ARTICLE: Class Act Trakm8 still growing fast " A growing telematics business drove LSE:TRAK:Trakm8's first-half numbers above expectations. Now, the high-flying AIM-listed firm reckons recent acquisitions and a seasonally stronger period will mean second half revenue "considerably ahead" of ..."[link]
Re: interim results Maybe it's just me but I sort of don't really expect AIM listed companies to be paying a dividend. They're not quite grown up enough yet. In fact only 1/5 of AIM companies do pay a dividend which is higher than I would have expected.
Re: interim results What's not to like? Where's the dividend? I have a deep suspicion of companies who don't pay a return to their investors, particularly when they are apparently doing very well. Yes, you are getting the rises through the share price, but it shows a lack of commitment to the shareholders, and dividends would also bring in new investors.
Re: interim results This IMHO a good company with a good product in a market leading position. What's not to like?It'll have a few ups & downs along the way but the overall trend is up in the long term.
Re: interim results The market had got a bit ahead of itself. These are great results and exceed expectations but not by as much as some in the market hoped. In the past it has taken a few days for the market to absorb the implications of results into the price. Maybe that will happen this time too but with the share price Movement of the past 2 years it is not surprising that rate of improvement would slow
interim results Not the reaction from the market I was expecting.
Re: whats going on here? thank you for your response.
Re: whats going on here? If past performance is anything to go by ( and they always say it isn't) then this should start to pick up on Friday as details start to leak out ahead of Monday's results. Patience; this has got bags of life in it yet.
Re: whats going on here? Ahead of results, this has a history of losing value only to rebound strongly on the back of results. In other words, in the past selling ahead of results has been on the back of nervousness rather than inside information.