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Trak are confirmed as an exhibitor at the CV show next year. I guess they think they'll still be around.
well another week done and not bankrupt
i would say almost a bit of upward pressure on the sp.
tick tick tick
another week of those recurring cash fees coming in
my boiler packed up today
on the upside trakm8 actually up and held it
which way now sub 10p or 30p +
but i will take 1p a week gain
if you look at social media then trakm8 have a orange trolley
which i would suggest confirms what we know
i am of a view the contract adds about £400k to £500k fye
i would love to see the bep analysis for trakm8 before and after this contract
wonder how they are getting on in sweden
could we ask for a zoom or con call with jw in late Nov??
what also really important is the margin on the contract
i think we have all thought about. i fully agree it is a fail/multi bagger with plenty of risk
but considering some of the economic devastation out there trakm8 could survive and even grow
remember they did not take the cblis loan which leads me to believe the cash position was ok
about six weeks max to go now
*The bears are wrong - Sainsbury's would not pay (in the RNS) for integration with a company going out of business soon.*
That's what every ounce of common sense tells me. Due diligence must be hyper during these times of companies failing. Trak must have had to demonstrate long-term viability - this is a 2000 strong fleet, we're talking about.
I think we have all thought it before but how can the bears be so bitter. Everything is bad, never an acknowledgement that Trak are doing anything right. FFS the company is worth less than £7m.
The bears are wrong - Sainsbury's would not pay (in the RNS) for integration with a company going out of business soon.
It's the same retailer. If it wasn't a further RNS would no doubt appear; it hasn't.
Just marketing - nothing wrong with that.
Just a few weeks until the curtain closes according to the bears. If it does fail in Nov, the joke is also going to be on the companies who have recently signed deals with a company that the 'whole industry' knows is useless and about to go down the pan.
Surely, if Trak were in this position, it would be common knowledge throughout the industry. But then perhaps it is, given that this Jako chap on the other board claims to be some kind of insider.
I've given up trying to second guess this - it will either come good or it won't - nothing I can do about it now really.
i think it will be the same retailer to be fair only major 4 that do home del when you exc iceland
i think the timing of the info indicates the the contract and systems are now been used so the pre work with retailer has now been completed.
thus means the contract will now be adding high margin revenue. should be positive for h2 and flowthro in 21/22
the news generally seems positive?????
Fair point. I think (like you) it was the delay between both bits of information.
I'm sure it's the same contract, but I don't see the article as a deliberately misleading repetition, because it is addressed to a totally different audience. The RNS was for investors, the news section of the website is for potential clients etc.
If it has only recently been posted on the website though, I'm not sure why it has taken so long.
Whilst it sounds like good news I am confused..... is this the same news from the July RNS or is this something different? Given it is not another RNS I would say it is the same. I re-read the initial RNS and did not see it mention that it was conditional.
Leading retailer with delivery slots : https://www.trakm8.com/news/