Member Info for dc2_

thanks

I am not sure I follow that paragraph - sets out to say one option should be telematics then states it is not a viable alternative. Perhaps I have misunderstood it. Without reading the document, I guess what is really happening is finding an alternative way to charge fuel duty for electric vehicles - in which case, telematics would be a good solution.

It is old news, the company has just rebranded.

https://networkplus.co.uk/new-year-new-brand/

Did I miss this...perhaps it was a long time ago. Anyway, a LinkedIn article implies 500 RH600 used in this company

https://www.linkedin.com/pulse/realising-return-investment-three-simple-steps-trakm8/?trackingId=7NP2wqS%2FT3mGjEaE58btIw%3D%3D

https://networkplus.co.uk/

So good news......

I see that both Microlise and Trakm8 (prompting this case study on LinkedIn today) have Euro Car Parts as a client - ok, Trakm8's is more sales of dashcams whereas Microlise do the rest. It does appear to be a good relationship between the two (you would hope so given the 20% stake) if they can work with the same client. Although, I guess Microlise could squeeze Trakm8 out if they wanted. Being the optimist, it does make sense for ML to take over Trakm8 - so what are they waiting for?

Agreed, that is what he stated raising the circa £16m was for. Not sure it will go Trakm8's way for a number of reasons.

We cannot be far off a TU (ok, probably usual jam tmorrow announcement)

I do not disagree with anything you said.....however, why do you think their is a delay. I would have thought it should have happened by now, or at least some marker rumours.

Not a fan of a circa 50p buy out - you do make good points - obviously we all have no clue. At 50p we are looking at £25m market cap. They own 20% so could have it for circa £20m (they have they sort of money). However at 50p, I hope we just go for a recovery (unless that offer was here and now). I am probably just repeating what you are saying.....

Looks like you were right about the Microlise valuation......almost back to the IPO price

It is an interesting point you make, Raza has an inside track (no pun intended) to Trak and so you have to think he would be able to gauge a realistic take over value. If, as you wonder, they expected it to be cheaper then this does not bode well for us. I suspect, it is more likely that Trak has to meet some milestones for Raza to concede a good price to JW or JW has to accept less by missing them (if that makes sense) - they are still talking to potential targets (hopefully Trak is one of them).

Thanks.....looking at my watchlist it is a sea of red so perhaps it will respond more positively over the week

Must admit, surprised (sorry) by the drop. Did the broker note extend to any take overs or was what you posted the full information? I say this being a Trakm8 holder (not looking to ramp) and Microlise hold 20% (not saying they are a suitor). The TU did mention ongoing connections in this respect (not naming any companies) but wondered if the broker got a better feel for it.

They are taking a bit of a hit today (and I guess has affected us)

All good, let's hope it translates into those 1 million units Trakm8 have on their bucket list in the near future ((see https://www.trakm8.com/investors/company-information/corporate-governance/) ). Seems Trak are wanting to be in this sector when others don't see it as worth it and are getting out, I hope Trak are right and the others have given them the first mover advantage (ok, not first) . I hope the others are getting out of insurance because they cannot compete with Trak :o)

On a different note, did see a LinkedIn post showing someone's company car - it did not look cheap, suggests Trakm8 still have some money to spend (ok, lease is probably cheap)

Glad to see you are still around KYK.

Some nice buys over the last few days......good to see people see this company as investable (sp?)

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.

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!?).

Welcome 1Squadr0n.....Hopefully it will be a good year (cut and paste from every year since 2016!)

ahaha, yes we have entered 2022 and Trakm8 is still here. I do hope this is the turn-around year. Microlise was very strong today, will be interested to find out the reason (if there is one). They still haven't purchased any new companies so a Trak take-over could still be on the cards, although, a nice recovery and re-rating would suffice.