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We will know when things are really moving when new investors turn up on this forum
We really have been the last men or women standing

The pot holes are horrendous at the moment

Blew my tire out last week on my bicycle

Interesting article in the Times about electric cars anyone here got one yet

Lack of charging points etc and cost to buy an ev

Another trade showing 100k share

Well overall a good week

Jan almost done and dusted

Mid Feb then q4 will be effectively complete an so the year

Update will be out there soon plus fully expect the broker to firm up 23/24 expectations

Good post

Does not take much volume to move this share either way
Good to have a positive day for a change
Software contract would be the next good step
The days are rolling by

Wow
Closed out at 17p

A good day
I can't resist.....are we on the right trak ???

Looking like pushing on again

Well appears to be going up with no buys

Please keep going

I went for another £2.5k few weeks back
Paid 12.5 I think
Might add another £3k depending on my tax bill

All good points
Well certainly interesting if slightly tense few months ahead
Apparently charging point anxiety is a thing now

Broker forecast is for 364k connections by year end
One assumes they must be confident of hitting it

A number of questions all valid

Good thing is we won't have to wait long now

A clean run through the year now

Will they be on trak or off trak

Genuinely excited now
Ps the roads are in a shocking state
Electric cars pay no tax
Weigh a tonne so more wear on the roads
Come on rishi - Road pricing now

So key metric

Connected users

End of march 23 330 to 340k will be good

End of march 24 420k plus

Q3 all done
Updated in Feb I think
Loss of 1.1m in h1
Expected profit of 0.3m FY
So implied profit of 1.4m in h2
Should be able firm up outlook for 23/24
This time next year ......

Grant a few whilst the price is low

500,000 very nice

In my view unless you follow trakm8 closely then it is all just words apart from a few metrics that are below the line

Finance metrics by default a lagging indicators thus the screens will show
Debt up
Revenue flat
A loss
Jam tomorrow

However if h2 delivers
Increased revenue
Profit
Reduced costs
Debt down

Then you have an interesting fpe ratio for 23/24

I think the takeover is in effect complete

Raza in a no lose position

Hello all
Sorry I have been busy with work. I didn't actually get to read the update until the close of play on Thursday.

So my views
Revenue - on first glance disappointed but the underlying position could be much improved depending on how much software rev flows through to h2 say 0.8m ???

Recurring rev - like it at 5%

Headcount reduction - complete £2.4m per annum

Debt looks OK and in control with 1m in cash plus hrmc paid off

Connection growth rate is good and gaining at 35k added in last six months. Over 350k at year end would be positive
This brings into play 500k + by April 2024

New customers coming online I h2 which we know from social media

Very significant reduction in overhead costs quoted

P7 and p8 substantial improvement I profitability

I like the words significant and substantial

So in summary you open the RNS and like a German sausage I fear the wurst
And you heart sinks by actually there is some pretty positive stuff in there and it is all in line with previous guidance
So i am ready to suffer a bit more
The Jan Feb trading statement not far away really
If 23/24 could be very positive

Well
Q1/Q2 done
P7 P8 are done getting into p9
So they must have pretty view on the full outturn now

So the if the forecasts are updated that could lead to a firmed up view on 23/24 which has the potential to be a game charger
But it has been and continues to be a painful process to be an investor in trakm8
Only for the brave

Ticker also have a new product pay as you drive

News soon

Mate of mine just swapped company car to full electric

Does 30k per year probably spent 8 to 9k in diesel
A big chunk straight hrmc
Now charging at work and at home prob now paying £500 to the taxman
Headcount should now be at the end state level

The hole gets bigger by the day

Just like the pot holes those heavy electric cars need to pay their fair share
Road pricing now
Supported by trakm8 of course