Member Info for dc2_

This is Trakm8 - best always assume the opposite I what you think ;o)

yep, imagine if the update wasn't so good. I have also stopped thinking that Microlise want it (and they know it better than most and made an IPO pledge they would buy something [probably meant anything but Trak])

I think you are right. As for the LTHs, it feels like the company is here to stay, and that is the most important thing at the moment.

I agree (if you ignore component shortages, effort to redesign circuits and staff wage inflation).... I think the outlook appears better (from memory) than the last TU (especially the contract renewals).

"On a much more positive note, we are seeing strong growth in the Insurance business due, in particular, to new customer wins. In addition, we are optimistic about securing a number of Fleet deployment contract renewals during the remainder of this year. "

Probably Friday.....it should be by the end of the month, although new FD may change this.

As always, a good opinion about hollistic concepts. I think demand for fleet savings will be high, but there is a lot of competition out there. If I had to summarise Trakm8 I would like it to the Apple operating system (NXT) vs Microsoft Windoze. Microsoft was/is a rubbish product but got critical mass. Apple lagged for years with a much more superior offering but only really got traction when the iPhone came out. I think Trakm8 invest a lot in R&D and I am sure their tech is up there but they appear not to be able to sell it. QTX appear to not invest so much and rake in the money. Like you I am hoping the destination is better, although if what I say is true and Raza knows this, then I would expect a take out before.

I stand corrected, nice little rise today - if it holds

Nosugar, from experience no amount of buying seems to result in anything note worthy. Where I may agree is that, whatever the risks, Trakm8 is worth taking a small punt on - so if there are lots of people doing this then great. It is noticeable how fragile the share price is though - very little sells take it down. Hopefully 15p has good support.

Yep, have a good weekend...sun is out where I am :o)

Share price is still worrying.....but nobody can predict the future so I wait to see where we go.

Nor me....

On the note of renewals - where do you stand on whether the AA are still clients? Have to admit, watching the CV show video made me suspect they are no longer - in the background is a list of some of their clients - AA not listed (ok, that is not proof). However, when I read the last submitted accounts it mentions how covid resulted in the loss of small clients and the reduction of fleet sizes in the bigger ones - no mention of a loss of the AA (of Scottish Power for that matter).

Also, any idea what these release of charges mean for us?

https://find-and-update.company-information.service.gov.uk/company/04415597/filing-history

We really need a director to buy to show confidence.....sadly, they don't agree or lack confidence. It was also nice to see that somebody on LinkedIN has worked his way up to be some channel manager. A couple of good comments from the likes of Mansfield/Nickie shows there are still some good feelings amongst the staff/former staff.

Heard it was dead on day 3 (but common), some big players did not attend and CV show stands discounted. Just rumours. Anyway, keep posting - up on the day now!

We could do with a director buy - ok, I am struggling to think who that could be given most are fully invested from previous dilutions. And yes, what does it say that they aren't.

I agree about the numbers, I assume the results (June?) will be accompanied by a broker note, and hopefully it will all be good.

It is easy to forget but Raza owns > 1% of Trak personally - and he knows better than most what is happening. Ok, he is rich enough to take a gamble.

Obvs wrong at the 100k as it cross over at 16.5p

https://uk.advfn.com/p.php?pid=trades&symbol=L%5ETRAK

This shows it.....

Actually, I wonder if this is part of the buy part of the 1.6% sale last week. - so 17p sell with roughly the same bought at 17.95 (457k, 90k and 100k|). Just a guess.....

457K at 17.95 just reported. Did this move the price down or something else?

Can't disagree with you - software now 7% (if I recall) of revenue. As for binary bet, I don't see this so much. As you say, these are clever people who would have taken the time to find the right companies to work with, hardly likely they would choose a pup, time will tell.

yes, worry is that he predicts all cars will have telematics in 5 to 10 years (ok, old cars still on road) and their system is device agnostic. So, one imagines a limited time window for the likes of Trakm8 perhaps?

For years now, I have been aware of the idea of a driver passport - and that is what will happen - Adiona will be one of many companies giving insurance of driver history etc. All good imo - would invest in it myself but not as rich as some people around here.

I watched the March video. I am sold on the idea, loved the way he praised Trakm8. Wonder if, they could potentially buy Trakm8 to get control of the tech. Ok, they are a start up but they reckon they'll be top ten in 7/8 years, so may have deep pockets.