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Thanks aimtitan.Appreciate your input here. I'll take your word for the valuation, but I agree with nosugar, there are some details the company needs to clear up going forward. This could be the start of something special again. Wistfully thinking back to 2015/16 , when the SP knocked on the door of £4. One can dream...I don't however think today's rise is simply a matter of newly interested parties ..my guess is we will get an after-hours RNS re a PMDR purchase.
No idea how it works but you would expect to see some statement saying "we don't know why the price has increased so much". Perhaps a PMDR purchase explains. Anyway, good day - I am not complaining
Also, last day of the financial year.
do you need a statement to say "we are worth alot more" for the price to rise, or maybe people are starting to see the value here
I had always assumed that sudden large price rises either have price monitoring RNSs or a statement from the company - I could be wrong.
it just never gets a mention anywhere
cv19 has changed many things including people willingness to consider pay by mile insurance and telematics insurance
trakm8 is a market leader in telematics insurance
and the government should be getting trakm8 tech to help with smart motorways as well, which are a national disgrace
most of the trades are small beer
i was planning to pick up another 25k at sub 15 in late april
hopefully missed that boat forever
just going to buy the dips personally, as i see upside being much higher
*most of the trades are small beer*
That's because it's often very difficult to get hold of large amounts without being affected by significant price swings. Whenever I've had large orders filled, it has always happened incrementally.
Coming back to early now. I'd like to see a finish above 18p. Touched 20p earlier. If it is director buys, then there may be a more of a sustained rise after Easter.
Cheers
yeh am having to do loads of small buys, but am here long and can see this post covid being a multibagger
do you think you could buy 250k straight off the bat if you wanted to???
i might have 4 x small beers tonight
Depends if there's a big seller, in the background. Some people have clearly taken advantage of the rise today, to unload themselves of the burden of this share. I wouldn't get the beers out just yet...
Just keep loading small amounts gives me a better price
What do you call small amounts?
well i think that is worth two small beers
have a good weekend everyone and think about nice recurring revenue and smile when you see a sainsbury delivery van
I wouldn’t get too excited: yesterday’s “flash in the pan” was not worth even one small beer.
To me, it was just an artificial ramp generated from tiny deals (less than £100k in total, from around 65 deals), and based on nothing of substance, which any one investor or small group of investors could engineer with limited funds, bearing in mind the small free float.
It offered no chance of disposing of a reasonable number of shares at a decent price, so although it’s not unwelcome to see the SP at, say, 17p rather than stuck at 15p - and maybe it will stay up there for a bit - it’s of no real relevance to decent long-term holders looking for a respectable exit.
When we do get a genuine, sustained upward movement based on real developments, reported or rumoured, regarding financial performance, major contracts, or M&A etc..…that’s when I’ll be cracking open the champagne.
I happen to believe that decent long-term holders like me WILL start to see light at the end of the tunnel this year - but based on tangible developments, rather than on some generalised statement about it being "in telematics".
Pianista: completely agree.
*one investor or small group of investors could engineer with limited funds, bearing in mind the small free float.*
Very interesting sentiment - one I had shared myself - prompted by recent activity here.
KBYK - I see you've had no answer to your question...
Pianista: indeed.
I think we all know what happened here.
Back to sleep it is then...
yes back to the land of tumbleweed
it seems to be holding the 17p
don't jinx it ;o)
They are recruiting more now.....
https://www.trakm8.com/careers/
So hopefully for a good reason
Two new jobs added today (Product Engineering Technical Consultant and Product Approvals Engineer). I assume these are not new positions but ones where people have left.
https://www.trakm8.com/careers/
again certainly not bad news
the last lockdown weekend
whobloodyrahhh
Rip Phil
when is everyone expecting the next trading update??
guess will we get confirmation of the FY outturn
then more importantly
recent trends
debt position
dvs impact
my guess mid may to give a post lockdown view on trading