The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTrakm8 Hldgs Share News (TRAK)

Share Price Information for Trakm8 Hldgs (TRAK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9.25
Bid: 8.50
Ask: 10.00
Change: 0.00 (0.00%)
Spread: 1.50 (17.647%)
Open: 9.25
High: 9.25
Low: 9.25
Prev. Close: 9.25
TRAK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Ilika Hits New Milestones For Stereax Scale-Up

Thu, 25th Feb 2021 12:27

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

----------

Ilika PLC - solid-state battery technology firm based in Romsey, England - Hits new milestones in implementing manufacturing scale-up plans for Stereax, its brand of miniature solid-state batteries designed for industrial wireless sensors. This includes completing a lease on a facility just four miles from its headquarters and awarding an outfitting contract to build cleanroom facilities at the facility to house its Stearex manufacturing line. Fabrication of an industrial evaporator is also complete, and the firm has progressed on-track fabrication of a multi-wafer sputterer for use in depositing other active layers in Stereax batteries. Expects installation of Stereax manufacturing equipment at facility to begin in first half of 2021 calendar years, with commissioning and process qualification in the second half, with a resultant 70 times increase in Stereax production capacity by 2021 end. Initial product sales expected in first half of 2022. Ilika says: "The company has been made aware that some construction materials suppliers are experiencing supply chain delays, particularly from Europe, which the company is managing in order to minimise any impact on overall project implementation and do not believe this will have a fundamental effect on expected timings."

----------

Great Western Mining Corp PLC - mineral exploration and development company with gold, silver and copper assets in the US - Stakes new claims at Olympic gold project Nevada and agreed a rig contract for 10,000 feet of drilling programmes both at Olympic and and Rock House group of claims, starting April. Trial drilling for copper at the M4 copper target, also in Nevada, is also planned and a coring rig is being upgraded in-hour to drill prospects with difficult access at M4 and Mineral Jackpot. Also noted that laboratory tests indicate commercial viability for processing silver and gold via gravity separation. After equipment repairs, Great Western plans to completed its scheduled processing of spoil heap materials at Mineral Jackpot. "Promising new material" has also been collected in the past two weeks from the eastern sheer zone at Rock House and will be processed too, with another 3.5 tonnes of material to be processed through the pilot plant once it is operational.

----------

Trakm8 Holdings PLC - Birmingham-based telematics and data insight provider - Wins long term contract to deploy more than 1,000 RH600 integrated telematics and cameras systems to the Parts Alliance Group. Trakm8 is to supply full fleet management and driver behaviour solutions based on its Insight platform. Expects second-half revenue to be around 15% higher than the first, despite the "significant adverse effect" of Covid-19 on its Insurance customers thanks to the temporary suspension of driving tests. Annual revenue will be 20% lower than in financial 2020, as Covid compromised "what would otherwise have been a year of growth". Expects "modest" adjusted pretax loss, broadly similar to the previous year. Remains "confident that the group is well positioned to return to growth driven by its expanding Insurance customer base and continually improving Fleet sales team performance."

----------

Digitalbox PLC - mobile-first digital media business and owner of the Daily Mash - Confirms revenue and profit for second half of 2020 exceeded first half, now expects annual revenue to be approximately GBP2.2 million, flat year-on-year. Adjusted earnings before interest, tax, depreciation, and amortisation forecast at around GBP300,000, down from GBP500,000 the prior year. January 31 net cash position GBP1.9 million, up from GBP1.2 million June 30. Says: "The current financial year has started well with Q1 2021 to-date performing ahead of our initial expectations. The Tab continues its positive integration into the Digitalbox model reaching profitability (previously loss making) after three months of ownership; together with audience growth across the portfolio, Digitalbox now has a reach of more than 12 million monthly users."

----------

Gear4Music PLC - York, England-based online retailer of musical instruments - Reports continued strong trading performance in 2021 calendar year to date. Says UK and European operations performing well post-Brexit. This helped drive revenue growth and supported margins ahead of prior expectations, with Gear4music now expecting an Ebitda for the 12 months ending March 31 of not less than GBP18.2 million. Prior guidance was for an annual Ebitda of not less than GBP16.5 million.

----------

KKV Secured Loan Fund Ltd - equipment leasing and asset finance investment firm - Agrees revised fee arrangements with portfolio manager KKV Investment Management Ltd for ongoing management of its ordinary share portfolio following approval by shareholders to place ordinary share class into managed wind-down alongside C share class. Management fee payable on ordinary shares falls from 1% of ordinary net asset value per annum to 0.96% for 2021, then 0.92% for 2022 and 0.8% for 2023 onwards. Agrees to waive and release portfolio manager from obligation to use 5% of management fees to purchase shares. Other terms unchanged.

----------

Uniphar PLC - healthcare services firm - Board committee approves migration of migrating shares to Euroclear Bank central securities depository, following shareholder approval for replacing CREST with Euroclear-operated system for electronic settlement of trading in Uniphar shares. "The migration will take place as part of the wider market migration which will occur on the date determined by Euronext Dublin and which is currently expected to be on or around [March 15]."

----------

By Anna Farley; annafarley@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
7 Jul 2014 08:37

Trakm8 Buoyed By BOX Telematics Buy, New Contract Wins

Read more
2 May 2014 11:56

UK MIDDAY BRIEFING: IHG, RBS And AstraZeneca Highlight London Trade

LONDON (Alliance News) - InterContinental Hotels Group saw its share price jump Friday after the company declared a USD750 million special dividend and reported strong results for its first quarter.

IHG's dividend comes after the firm completed two asset disposals

Read more
2 May 2014 11:00

UK WINNERS & LOSERS: InterContinental Hotels, RBS Lead FTSE 100

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
-------
FTSE 100 - WINNERS
-------
InterContinental Hotels Group, up 8%. The company has reported that revenue pe

Read more
2 May 2014 10:41

Trakm8 Shares Rise On Telematics Partnership With Direct Line

LONDON (Alliance News) - Trakm8 Holdings PLC Friday said it has been appointed as Direct Line Group PLC's sole telematics supplier of self-install devices for the insurer's DrivePlus Plug-in device. The partnership confirms the significant hardware order Trakm8 reported on January 13, and i

Read more
10 Apr 2014 12:30

UK MIDDAY BRIEFING: Same Problems For M&S, WH Smith

LONDON (Alliance News) - Retailers Marks & Spencer and WH Smith Thursday reported better performances than of late, but still saw their shares decline as analysts worried that they still have a lot to do to fix their long-standing issues.

Marks

Read more
10 Apr 2014 10:57

UK WINNERS & LOSERS: M&S, WH Smith Drop Sharply After Early Strength

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- Resolution, up 1%. The firm said its insurance and pensions provider Friends Life is scrapping active member

Read more
10 Apr 2014 09:41

TrakM8 Jumps As It Says Pretax Profit To Beat Its Previous Expectations

LONDON (Alliance News) - TrakM8 Holdings PLC Thursday said pretax profit in its last financial year, excluding costs related to the acquisition of BOX Telematics Ltd, will be above its previous expectations after new projects boosted the margin in its engineering services business in the final qu

Read more
10 Apr 2014 08:49

TrakM8 set to top annual profit hopes

Trakm8, which makes vehicle monitoring and tracking equipment, is set to top annual profit expectations thanks to new engineering service projects. TrakM8 said it was likely to exceed management expectations for adjusted pre-tax profit in the year to March 31st. It attributed the news to higher le

Read more
20 Mar 2014 14:08

Trakm8 wins 'significant' hardware contract

Shares in telematics company Trakm8 accelerated on news its recently acquired BOX subsidiary had won a 'significant' contract with a UK wireless security and safety provider. BOX has been awarded a £0.68m hardware order for remote wireless fire-monitoring units, which will be recognised in its new

Read more
20 Mar 2014 13:01

UK MIDDAY BRIEFING: Budget Aftershocks Reverberate Through Shares

LONDON (Alliance News) - UK equities are attempting to rebalance today in the wake of the tax and regulatory changes unveiled in Wednesday's government budget.

Life insurance companies have continued to take a battering during morning trading, following the announcement by Chancello

Read more
20 Mar 2014 11:28

UK WINNERS & LOSERS: Bookmakers, Annuity Providers Continue To Fall

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.

-------

FTSE 100 - WINNERS

Next, up 1.9%. The homeware and clothing retailer reported higher profi

Read more
20 Mar 2014 09:37

Trakm8 Awarded GBP680,000 Order For Remote Fire Monitoring

LONDON (Alliance News) - Trakm8 Holdings PLC Thursday said that it has been awarded a significant hardware order from a major UK wireless security and safety provider, part of a recently signed supply agreement which it expects to lead to revenues in excess of GBP1 million per year. Shares

Read more
20 Jan 2014 12:47

DIRECTOR DEALINGS: Trakm8 Chairman Transfers 1.9 Million Shares

LONDON (Alliance News) - Trakm8 Holdings PLC Monday said Chairman John Watkins transferred 1.9 million shares from his personal name to an account in the name of Hargreaves Lansdown Nominees Ltd. Following this transfer, Watkins' total interest remains unchanged at 6.4 million shares, repre

Read more
9 Oct 2013 12:16

DIRECTOR DEALINGS: Trakm8 Executive Chairman Transfers Shares To Wife

Read more
8 Oct 2013 11:09

UK WINNERS & LOSERS: M&S Dips But Aeorema Jumps As It Recommends First Dividend

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.