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Huge pressure on fleet costs at the moment
Average hgv was doing around £50k pa on fuel
That will now be around the £80k mark
Thus trakm8 products are now materially more attractive as an investment proposition
My mate who a builder is s#$%^ing himself that his boss will bring in a tracker and him might actually have to pay for his personal journeys lol

Current petrol prices support all fleets getting telematics to cut costs

Yes let's hope so

Not sure I could describe that as a nugget

More a pan with about 14 colours in it
I am a big gold rush fan
But certainly not a sign of a empty hole

Let's see what happens

Crazy times

Update next week??

If you look on research tree it appears another company is covering

https://www.businesscar.co.uk/news/2022/february/trakm8-targets-grey-fleets-with-new-telematics-device

Interesting trade at the end of the day

Someone moving into an isa or sipp???

Another week and still not bankrupt
Effectively still priced that a firm is going or has gone bust
Notice a few extra people are now covering the stock
Or when or when will the update come ????

Las Vegas is doing something similar on how to integrate tech to make the city sustainable

Personal view the algorithm have value that is not in the sp

I know I must sound like a bit of broken record but more reports on road pricing over the weekend

Plus fuel cost remain brutally high which support the need to have efficient fleet

Worked out my heating costs for the year ahead and with ni rise coming tough times ahead cv19 has all got to be paid for and boy are we going to pay
The taxman wants the money back

Dc
Thanks so since the half year every bit of information or signpost has been positive.

The link ups also seem to be software based so naturally produce a higher gross margin.

What was the arden forecast for next year ?? Rev and profit??

Looks like someone spent £10k

That is a decent amount

Anyone buying today??

Yes I noticed that a decent size hence probably showing up this morning

https://www.bdbpitmans.com/news/no-viable-alternative-uk-must-introduce-road-pricing/

1.9m new cars in the UK this year of those 300k expected to be pure electric
Jan sales full electric at 12.5% and growing faster than forecast

So say each of those 300k would generate £1000 to£2000 per annum in tax revenue if had been petrol.

That means £300m to £600m in lost tax revenue per year. Easy to see how hot that burning platform is going to get for taxman

A full year profit will be good to get in the bag plus seeing gross margin but unlikely to see the numbers until full publication in June.

But if they confirm the fy this year at the tu.

Then be interesting to see what broker updates for full year next year that will be the game changer. £22m+ would be a good start

Despite additional costs associated with mitigating supply chain challenges and expected significant component price increases, the Board remains confident that for the full year ending 31st March 2022, the Group will be slightly ahead of current market expectations on all profit measures. It is expected that this will be achieved on lower than previously expected revenues of circa £18m due to softening of the telematics insurance market.

A very interesting read that is already a couple of years down the "road"

The tax take will be key issue that will drive the government towards a policy change

Looking like a bit of positive buying today

Dc there you go

Technology
31. Various forms of road pricing operate successfully across the world.51 We heard that the technology required to facilitate an efficient system of road pricing is currently available.52 Professor Phil Goodwin, Senior Fellow at the Foundation for Integrated Transport, explained: “Anything that, politically, is realistic to design […] the technology can deliver already”.53 Onboard vehicle telematic technology currently permits insurers to charge for the number of miles travelled by a motorist. Mr Siraut stated that “you could have a single unit in your vehicle for both insurance and road user charging payment systems”.54