Member Info for dc2_

TrakM8 are back at the CV show

"We are delighted to announce our return to the Commercial Vehicle Show this year, where we will be taking centre stage in hall 5 at stand 5E91. Experience the forefront of #fleet technology as we unveil our latest cutting-edge innovations."

Looks like they have a modest pitch; which seems more appropriate than their former ones. I wonder what their latest cutting-edge tech will be.

https://floorplan.live/interactive/shows/2889/views/55/plan

What are you thoughts? Post 2018 profit warning, trak still invested heavily in this show - until covid. I always thought it was too much money given the circumstances, and stopping was a good thing. A return signals that they now have the cash to splash (so a good thing, if the money is used wisely)

You too, hope 2024 is good for us all.

Think Trakm8 may rise if the software contract is signed, so perhaps the NAV 38p broker price. If not, we'll be around this price.

Https://www.whatvan.co.uk/what-van-awards/awards-2024/what-van-awards-2024-innovation-award-%E2%80%93-trakm8

Thanks - and have a good xmas all

Is this something to be worried about - in the WhatVan magazine (which can't spell Trakm8 - aka Trackm8), there is an article that Iceland have chosen Lightfoot for driver training/feedback (page 6). I thought Trakm8 delivered this service. Perhaps it is different.

https://lnkd.in/eWdzC_VF

Update.... didn't win the Greenfleet award

Trakm8 pick up an award - no idea if this is just a 'throw money at it' type of award.....but good nonetheless

Innovation Award: Trakm8 (Highly Commended: Allstar Business Solutions)

https://www.whatvan.co.uk/news/2023/what-van-awards-2024-winners-revealed

From the Executive Chairman's Statement I see lots of positives, including:

* The Board believes that this capital investment should generate significant return on investment over the coming months and will ensure that we continue to deliver cutting edge solutions to our customers - the data centre stuff. I can only imagine what they must have been paying for hosting - although, I still worry about whether their's is a Tier 3 data centre or above. I also wonder if Maddie was using a lot of node time on the cloud which was expensive, so this allows for AI modelling.

* Fleet unit sales also decreased by 38% to 5,000 but with corresponding device revenues up 20% as more complex solutions continued to be delivered to new and existing customers

* Despite this, we believe that the point has come that growth in connections will now restart - addressing the reduction in connections (which doesn't seem a good metric to me anymore given that the routing stuff seems important)

* We are also expecting our Optimisation business to expand further into the home delivery space - one assumes this is a reference to the software contract - interesting, because I thought the Sainsbury's contract was just that. So my guess is this contract is an expansion of services from Sainsbury's (perhaps food delivery or Argos)

So blindly, I remain positive.

RNS does not read terribly to me - but is is a Friday, so always suspicious - can someone with a better understanding let me know. Not sure I agree with their data centre plans - most have gone to the cloud for good reason. Also, debt still high in my opinion - thought one of these loans had to be paid by Sept......

About sums it up for me - also, wondering what I must have done in a past life to deserve the purgatory

Interesting, timing seems to fit - although, wouldn't she have to have declared owning them in the first place - as a director?

Not wrong.....

In my made up world I saw this as a leveraged CFD/Spreadbet and the company has bought some/all of the underlined stock to hedge itself. The position was possibly taken with a view to the reported 9th Nov update date; and now it is been unwound. Obviously, I have no clue. I just think that CFD positions tend to be short term (at least mine are). In the grand scheme of things it does not matter - provided Trakm8 don't announce something bad (obviously)

Thanks....

My turn to say perhaps a JW accidental sale

Or is there a leak....prior to the HY results

In either direction it appears......waiting for the trade that knocked this 10% just before close

Nope not ML, the LSE entry said it was Trakm8's half year results tomorrow, but as KBYK states, it is all a bit early - so may or not happen - and if it does, does it mean anything. Good to see buying though......

My understanding (from LSE) is that Trak announce half year results on Thursday

Late trades in - over 3 million SAAS shares potentially sold