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: 8.00
Bid: 7.00
Ask: 9.00
Change: 0.00 (0.00%)
Spread: 2.00 (28.571%)
Open: 8.00
High: 8.00
Low: 8.00
Prev. Close: 8.00
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: Trakm8 expects loss; Sutton Harbour has strong summer

Wed, 14th Sep 2022 17:01

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

----------

Trakm8 Holdings PLC - Birmingham-based telematics and data insight provider - Expects to report a loss in the first half of its financial year, due to contract renewal timings, which will make the financial year ending March 31, 2023, be weighted more towards the second half. Company plans to focus more on the insurance, automotive and optimisation sectors. In spite of this however, Trakm8 remains on target to meet market expectations for revenue and adjusted profit for the year.

----------

CATCo Reinsurance Opportunities Fund Ltd - Bermuda-based close-ended fund - As at June 30, net asset value dropped to USD18.1 million from USD106.8 million at the end of January, as a result of a buy-out transaction, implemented through a redemption of 99% of holdings of each investors.

----------

Mobeus Income & Growth 4 VCT PLC - London-based investment firm - As at June 30, net asset value per share was 94.66 pence, down from 111.27p at the end of December. During the period, makes two new investments totalling GBP1.1 million, and four follow-on investments totalling GBP800,000. Also realises investments totalling GBP4.3 million in cash proceeds. Declares interim dividend of 4.00 pence per share, down from 5.0p a year prior.

----------

Sutton Harbour Group PLC - Plymouth, England-based harbour operator - Reports strong summer trading, with fully sold berthing at the company's marinas, and car park usage returning to pre-Covid levels. Occupancy of rental property remains robust to date, while the construction of Harbour Arch Quay is well underway with the service core built to full height and the third floor of eight now built.

----------

Helium One Global Ltd - London-based helium explorer in Tanzania - Signs letter of intent with Baker Hughes for the provision of integrated services to the Rukwa phase two drilling campaign. A target spud date has been set for between January and February next year, and Helium One has started its licence renewal process, including the relinquishment of non-prospective licence area totalling 1,548 square kilometres, saving USD309,600 per annum.

----------

Residential Secure Income PLC - real estate investment trust focused on retirement living and shared ownership homes - Agrees to a GBP15 million expansion of its GBP10 million revolving credit facility with Santander UK PLC. Expansion comes with an interest rate margin reduction of 55 basis points to 2.25% from 2.80%, as well as a one-year extension of the facility termination date to March 2025.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
8 Oct 2013 10:44

Trakm8's shares surge on proposed acquisition of BOX Telematics

Trakm8, which designs and develops hardware and software for the vehicle placement and security market, is looking to buy BOX Telematics. The company has proposed purchasing BOX, a provider of fleet management systems, for an initial cash consideration of £3.5m which will be funded through newly si

Read more
8 Oct 2013 08:29

Trakm8 Leads Risers As It Buys BOX Telematics For GBP3.5 Million

Read more
10 Sep 2012 16:01

BG Group director sells vested shares

An Executive Director of natural gas giant BG Group has sold 56,034 shares in the company to cover tax and social security liabilities (and associated dealing costs) following the vesting of 103,890 shares earlier this month. Martin Houston sold the shares for 1,269.07p each for a total of £711,1

Read more
2 Jul 2012 16:30

Trakm8 see strong growth in full-year revenues

Trakm8, the AIM-listed GPRS technology group, saw revenues rise by a quarter in the year ended March 31st 2012 and said that it is confident of further growth in the coming year. Revenue increased from £4.19m to £5.22m year-on-year, helped by strong growth in its Telematics hardware division, which

Read more
4 May 2012 16:06

AZ Electronic Materials CEO sells 46,000 shares

Geoff Wild, who has occupied the role Chief Executive Officer at speciality chemicals producer AZ Electronic Materials since January 2010, dumped 46,000 shares in the firm one week after the firm reported a robust performance during a tough first quarter. Wild, 55, disposed of the shares at 322.40

Read more
4 Apr 2012 09:12

Small caps round-up: TEG, Deltex, Ultrasis...

Loss-making green technology company TEG Group has entered into a further contract with recycling firm Viridor to process additional volumes of green and food waste in TEG's network of facilities. The contract will run until April 2014. The revenue over the term of the contract will depend upon the

Read more
21 Dec 2010 09:59

Small caps round-up: Caza Oil & Gas, eg solutions, Hardy Oil and Gas...

Shares in Texan energy firm Caza Oil & Gas fell Tuesday morning after the group announced that the Marian Baker #1 well - in which it holds a 25% working interest before casing point - is waiting longer than anticipated to receive the Nabors Rig 4 from its drilling contractor Nabors Drilling USA.

Read more
1 Jul 2010 08:13

Trakm8 Swings To FY Pretax Profit Of GBP0.3M On Revenue GBP3.4M

LONDON (Dow Jones)--Trakm8 Holdings PLC (TRAK.LN), a fleet management solutions company, said Thursday that for the year ended March 31, it swung to a pretax profit of GBP0.3 million on revenue of GBP3.4 million. MAIN FACTS: -Revenue GBP3.4 million (2009: GBP3.7 million) -Operating profi

Read more
21 Jun 2010 16:23

Trakm8 Manufacturing Agreement With Omitec

LONDON (Dow Jones)--Trakm8 Holdings PLC (TRAK.LN), a designer and developer of GPRS based hardware and software for the vehicle placement and security market, said Monday that its wholly owned subsidiary Trakm8 Ltd has entered into a manufacturing agreement with Omitec Ltd for the production of Trak

Read more
21 Apr 2010 15:03

Small caps: ACM Shipping, Victoria Oil, Tanzanite One.......

Shipbroker ACM Shipping says that its full year figures will be "moderately ahead of current management expectations". Spot broking and revenues from sale and purchase of tankers are both particularly strong. The full year results will be published on 24 June. Edison Investment Research forecasts

Read more
15 Mar 2010 15:59

National Express's Finch swoops for shares

National Express's new chairman Dean Finch has opened his account at the rail and bus group with the purchase of nearly £150,000 worth of shares. He bought 68,275 shares at 218.5p a time. Finch was also awarded shares that he will be able to sell if he is still working with the company when they v

Read more
19 Nov 2009 11:01

Small caps round-up: White Young Green, Beowulf, Angel Biotech...

Engineering consultant White Young Green has traded in line with expectations since the end of June, with conditions varying across its markets. "There remains a lack of confidence and liquidity in many areas in which we trade, but there are also some encouraging signs in respect of opportunities

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.