Trakm8 Hldgs Share Price (TRAK)

Interesting and helpful post, re TRAK.

Re SEE, I've worked in the automotive sector and for me it seemed unlikely that parties from the country in question would pose any significant threat to near term (1-3yrs at least) business potential. Strict QC. And probably regulation too. Things may change in the future.... There was a lot of negativity around the share and the old CEO (not so sure if it was deserved) but at the same time the sheer weight of NDA'd contracts POCs etc really kept me going. 7 bags on SEE for me, my second best performer ever. Covid certainly helped with that too of course! In terms of entry price. Lots of director buying recently. While I work in the IT industry, I don't profess to understand the tech enough to truly judge the competitive position now. I remain a keen watcher. The main thing that would prevent me going back into it ever is that I tend to look for sub £20m mcap entries.

Apologies to other board members! Back to topic. :)

I really like SEE (I have an AI based background of sorts) but I could never understand its valuation when faced with all the clone technology from a certain country close to where SEE is based. But then I missed the boat - thought that at 3p.

As for Trak, I am still here. They made a lot of promises, failed to deliver in the most shocking display of incompetence and nearly went under. Then just as a recovery was in sight, Covid comes along. Here we are, the green shoots of growth are finally showing. It is still a risky share but the risk/reward is quite good in my opinion. It could be taken out by Microlise, it could just get a profit and re-rating or it could go under. It would be nice if it got a valuation somewhere nearer its peers but has debt that it must find difficult to pay back with no profit. Hopefully this is the year of change.

Lucky we are to have a car, and freedom. Let's try and enjoy it before TRAK and similar companies ruin all our fun!

I had a lot of success with SEE and have been looking for the next automotive tech stock ever since. I think this could be one. Open to hearing other ideas if anybody has any.

Nice car, all I can afford is a civic (still the best car I have had and not the most expensive I've had) - always wanted a Type R (still get jealous when I pass one).

Nice to have fresh eyes looking at Trakm8 - of the handful of those left, we probably suffer confirmation bias (lol, proof as you said the right thing - how would we have taken it if you said you were going to short!?).

Thanks dc2_. I had a dc2 Type R for seven years. Best fwd car ever made!

Been watching this for about a year and I think there is now sufficient potential to make this price worth a go fir starters. Good luck all!