Member Info for dc2_

80k sell at 14.5p explains the drop...

at least the spread is not as bad.....but quite a drop in price given the recent transactions.

50p a share for a bird in the hand. Personally, I think (which you would expect me to) it is worth the same as QTX once they sort the debt and and make decent profit but this will take time. If they can't do that then they are ultimately worthless.

How about you?

I'm not seeing sells, that 80k was delayed and it was over the mid-price at the actual time of the transaction. Could be wrong. In dreamworld, I am hoping these transactions are associated with a director.......

Re the COVID news I do find this an interesting statement
"These include reducing the amount of staff we have at our Coleshill head office...." What about Shaftsbury? I suspect nobody works there except the Cowley brothers and a few old timers (who were based there until the HQ move) i.e. sounds like a waste of money.

Thanks for the blog update.

Results look good - although I got the impression more was happening outside of the UK for them.

I noticed the 3G replacement text and wondered whether this is Trakm8's next brexit/Iran/RH600 excuse. I know the RH600 is 4G but what about the other stuff e.g. the T10 and any legacy trackers out their.

QTX are approximately 25 times the price of Trak. Of course there are fundamental differences regarding profit and debt but this ratio seems too high to me. BOD, good news please....

A good starting point would be a pre-crisis share price (adjusted for dilution) - so around 40p. My wishful thinking price would be 100p. If they start to make profit and clear the debt then I would adjust this to the same price as QTX.

I'll third it.....

I suspect that, if this is the year for Trakm8, we will all be out - too scarred (and scared) to stay in, as others ride the wave.

Happy New Year

Good luck with your future investments. This has been a dog so it is understandable.

Happy xmas all.

It looks like some sells - I am surprised the price hasn't shot down (perhaps this is the moment I jinx it)

Interesting read.

https://www.businesscar.co.uk/analysis/fleet-profile/fleet-profile-altrad

Agreed, if you felt that the next year would be great then you would buy at the bottom (or near bottom). Hopefully he will. Putting your money where your mouth is needed for building confidence back in the share (even if that is some cynical way to increase the share price for a fund raise [not saying it is])

So much for gone by the end of summer 2020.....

“At Trakm8, we are looking to the New Year with a renewed sense of optimism. In 2020, we secured a number of new and extended contracts with a number of major businesses throughout the UK and we are looking to building on this next year"

https://www.trakm8.com/news/changing-gears-trakm8-looks-ahead-to-2021/

In an ideal world Peter Mansfield needs to purchase some. To date, he has not and that is a little concerning but we do not know his (or any of their) personal situation so judgements can only really be made once a director has purchased.

Given, what appears to be buys, there must be a large sell in the background IMO. Hard to think there is anyone left to sell (bar us die hards). Could be wrong...

From a recent LinkedIN post which is talking about the RH600
https://www.linkedin.com/feed/update/urn:li:activity:6739922574672707584/
* One customer with 1,500 vehicles was able to ...
* One customer with 1,300 vehicles achieved ...
So at least 2,800 RH600 cameras out there?

Two related stories to cheer us up after the share reverts to the floor.

* 250 new vans....

https://www.commercialfleet.org/news/van-news/2020/12/01/iceland-foods-boosts-home-delivery-fleet-with-new-250-mercedes-sprinters

* Iceland and vaccine storage (my assumption is they then deliver with the help of Trakm8 tech).

https://www.msn.com/en-gb/news/uknews/frozen-food-giant-iceland-could-help-store-covid-19-vaccines/ar-BB1bcOiw

News...quite a claim to be able to provide accurate charge times - Trakm8's solution does seem to be all encompassing

"This data can be extrapolated to provide accurate charge times for each vehicle within the fleet. What’s more, our Insight Optimisation route planning solution is especially adapted for EV fleets, with scheduling and routing calculated via machine learning to incorporate EV range, charge point capacity, location, availability, charging times, battery level and required range"

https://www.trakm8.com/news/going-green-trakm8-reacts-to-petrol-diesel-vehicle-ban/