Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I agree the customer may not have given consent to be named pubically but i still stand by what I said if this was a significant contract you can guarantee Trak would be shouting it from the roof tops (as they have done previously).
In terms ignoring debt - This is most likely because software only contracts are derisked as there is generally no capital expenditure i.e hardware / installations etc.
Likewise you also have to consider the fact the ex CEO of Routemonkey is now offering optimisation on pay as you go.
If Trak are also offering a pay as you go option it might explain why this particular customer decided to take the risk ?
All assumptions of course but my views on Trak iare based on their inability to be upfront and straight over many years.
People seem to forget only 3 years ago JW filmed himself saying they would have 1 million connected units within the next 5 years.
Leopards and spots spring to mind !!
Knowbody - For someone who has been invested in this share as long as you have you clearly dont know anything about optimisation contracts.
Optimisation contracts are no different to any other type of contract. Yes fleet sizes change and yes future development outside of the original scope may or may not be required but ultimately there will always be a starting point I.e minimum term commitment, number of R&D days required to deliver spec, project timelines which are probably linked to payments and volume commitment etc.
If you think the customer and Trak dont know the value of the work being committed to and carried out then your delusional.
Don't think the Cowleys have any clout in the way the business is run.
Its the Watkins pulling all the strings and the rest of the BOD are lemmings.
The Cowleys authority was removed years ago when JW started employing his oppo's from his Omitec days including his son.
Clearly didn't work out to well as the share price has done nothing but drop since, R&D spend v's output is ridiculous, reliability of tech questionable and all bar MW the rest of the Omitec team have all disappeared.
Shame they didn't take MW with them !
Debt and cash are certainly an issue as any potential customer doing their due diligence would take one look at Trakm8's position and avoid them like the plague.
Contract wins are what is going to move this share price up but due to the above I can't see this happening (not good ones anyway).
The recent retail contract is more smoke and mirrors as no mention of contract value which would indicate it wasn't significant despite Trak giving the impression it was.
Only way this share price is going to hit £1+ again is if the Watkins move on.
Well I've just taken a position in readiness for Tuesday's news. Word is AO. have been busier than ever smashing targets and increasing capacity to meet demand.
Consumer habits have changed with more people than buying online than ever (including me) and I cant see this changing for the foreseeable future.
Famous last words but If this doesn't go up on Tuesday I'll eat my hat
I'm trying to take a balanced apporoach here but as a holder I think the case remains that we are still none the wiser when a trading update will be. Reading the responses I dont see that any of them either confirm nor deny that a trading update might be released in the near future. Fact of the matter is they are not allowed to give us this information. What I see from Dominic Seahs response is if we dont get one in the coming weeks then we can safely assume its going to be June.
believe it was 17th feb last year ?
took the plunge. 22k @ 6.38, I'm happy now. 12 p here we come....! lol
Can buy now but buy price is jumping all over the place 6.5 down to 6.1upto 6.25 in the matter of seconds. Was hoping to get in under 6 do you think this will be possible ? I missed my entry last week really with the 11% drop as funds were tied up in CZA . I did however manage to get in WSG @ 11.75 so in healthy profit at the moment and holding. Many thanks for that one...!
to buy in here this morning however keeps going to negotiated trade only ?
http://www.investegate.co.uk/Article.aspx?id=201101110700062233
http://www.investegate.co.uk/Article.aspx?id=201007010700105867O
www.investegate.co.uk/Article.aspx?id=200912231346016505E
Can anyone tell me why you can only deal in this share at best.
Thanks
Could anyone tell me where you find this information from, thanks
Onward and upward then hopefully. Must admit from what I've read about TRK and the news today this does seem a bit of a no brainer at the moment. At some point the automotive ind will pick up as well . GL all
New to this but what happens when they get to the target price. Can the SP exceed this or do they reevaluate it. Sorry if this is a silly question.
www.investegate.co.uk/Article.aspx?id=200902270700089941N