Member Info for dc2_

I see that Trakm8 are now showing video evidence of crashes/near crashes from their RH600 and asking who was at fault. It is a simple and good idea. They are pushing it quite hard on LinkedIn (and I assume other places) - about time. Do they have somebody new in marketing?

https://www.linkedin.com/feed/update/urn:li:activity:6854043038537289728/

Yes, not going to complain about such an increase. I do hope the HY results do not disappoint, else we will be cast back into purgatory for eternity. Obviously, I am hoping this is to do with a take over. I watched the Microlise investor meet and it did strike me that where Raza said he wanted to expand into other countries, that it equally applied to a foreign company wishes to have a presence in the UK. Hopefully, there is interest from companies looking to gain a market foothold and seeing a cheap way of doing it (obviously, not that cheap!!!)

Yes, what was that large delayed trade about - how long can the delay be. But yes, up 3p as we speak (hopefully will last)

yes, without jinxing it - I hope this is the new bottom

Interesting flurry of activity at the end of the day. Probably means nothing....nice to see a 5% increase today.

Small but something, 25 vans...

https://www.linkedin.com/feed/update/urn:li:activity:6851827509764345856/

I found this interesting snippet of information and watched the video - this sounds like the future and Trakm8 are part of it - 9th Sept 2021

"We have fully integrated Duck Creek Technologies, our telematics service provider Trakm8, and our proprietary analytics engine. We can demonstrate that we are picking up live consumer driver behaviour from multiple vehicles (and multiple types of devices), processing this data at scale in real-time through the Duck Creek policy and rules engines and instantaneously coming back to the customer through their mobile app and giving them real-time messages or midterm adjustments on their motor policies. This is as close as it comes to real-time pricing/rating adjustments. A process only possible through our analytics engines/data architecture and the Duck Creek platform. Adiona using multiple devices from our telematics service provider, demonstrating that we are device agnostic. The future is here, and it is Made on Duck Creek. "

https://www.linkedin.com/posts/paulrichardharvey_adiona-rac-event-sept-9th-2021-activity-6848713065328873472-j8H_

Could be good - there is a lot of interest in ESG (env, social, governance) based investments where the funds show there CO2 credentials. In other words, an aim based fund may prefer them

Yes, but they have been for a while.....I take is as a positive - that they have something good to say now.

I'm curious to know why Arden have gone on the charm offensive - either they could not cover it in the past because there was nothing good to say or they are trying to promote Trak (to increase the price for a potential buy out) - as always, I have no clue

Including...

"In recent weeks, TRAK has bounced from depressed lows. However, even now the valuation is c1x EV/Revenue. This looks anomalous compared to UK/European Telematics stocks trading on c4x Revenue. There should be material upside from here."

Arden have commented on the TU.

https://research.arden-partners.com/portal/portal.html

Yes, GLA - hopefully tomorrow will draw a line under the (incorrect) idea that this company is doomed.

If it closes at 24.5 then it will be the highest in two years....

I agree with you - we went from 1 million units AGM to the Iran crisis in a very short period of time....

Share price is good, what will tomorrow bring? I suspect the usual not commital update they excludes the important stuff. I suspect we will be going down tomorrow - hope not, but that is what I am use to.

Not that I am a chartist but is this a triple top (they we are just about to break - or not, see above) and is the idea of a gap fill still valid for this share (so we should go up from about 35p to 65p quickly?). Any thoughts?

"Still, it's important to remain cautious. I feel like I've been here before." - feels different to me - because of the broker note, Microlise, the fact the company is still here and the continued volume (ok, not high amounts but sustained).

Microlise purchased TruTac and to my knowledge they still remain an independent business, so Trakm8 could come under the Microlise umbrella with business as usual.

Personally, I hope Trak get to a siilar market cap as the others - needs to clear it debt and make some money.

Why is this going higher - I can't imagine the AGM update has been leaked, so think it must be a combination of the broker note and speculation. Any ideas?

Trakm8 posted (on LinkedIN) talk about grey fleet in the context of the Health and Safety Executive.

https://www.businesscar.co.uk/news/2021/september/extension-of-hse-work-driving-guidance-a-major-shift-for-fleets

I think Trakm8 should do well from this......