Last night I was just thinking about buying into traffic master...what happens I wake up to find they soured yet again on yet another contract win with mitsubishi...enough convincing of an old time Stock market favourite i say...!

I decided it's now or never and piled in...My own opinion is Traffic Master will have soared much further by the year end, especially after the 3 recent contract wins with major Car manufacturers, there will be a number of institutions following now, even more so i expect... correct me wrong one day, (my own thoughtss only...) but i trust TFC will soar past 1.00 mark down the line, do your own research as this was a classic growth stock success story, and one I think is back on track..

Do your own research as I spent the night thinking over Traffic master, this morning I convinced myself...I think i've found the one...lol..

(still bitter after missing Gresham however...sigh....)

may a nice day...jules.

Trafficmaster Drives into Profit

By Louisa Nesbitt, City Staff, PA News


Road information group Trafficmaster today said demand for more sophisticated in-car navigation systems helped it move into the black at the half year.

The group posted interim profits of 3.5 million against losses of 800,000 last year, after the number of systems it sold more than trebled.

Satellite system Smartnav helps drivers plan routes using spoken voice instructions and has recently been upgraded to help motorists navigate around toll roads and congestion charge zones.

Trafficmaster, which was formed in 1988 and employs around 330 staff, also announced today that Fiat had become the 19th UK car manufacturer to offer the system.

The Cranfield, Berkshire-based firm is now preparing to launch a smaller, less expensive system, which will be rolled out from next month.

This latest version of Smartnav will cost 90 and will be two-thirds the size of the current 120 model.

The system includes a black box, usually fitted into the boot of the car, which is connected to a monitor on the dashboard. Car makers offering the technology in the UK include Rover, Mercedes, BMW and Peugeot.

During the six months to June 30, 11,000 units were sold compared with 3,180 in the same period last year.

Trafficmaster has been updating the product and recently introduced Smartnav Touchscreen, which allows customers to enter routes without contacting its call centre.

Growth was also strong at the companys smaller US division, where the system is branded Teletrac. Sales at the arm increased by 37% on last year.

Chairman Colin Walsh said: As the business continues to develop and our products gain market acceptance, we believe we are well placed to continue our profitable growth.

The company said it expected to step up its marketing over the coming months as it continues to develop the system.

Shares rose 1.5p to 89p today.

Any idea of the next stop? It certainly is begining to look an interesting punt. Especially now that we know they are making money.

It needs to break the 100p resistance.Its only a matter of time before it does and then the next stop is 145p.On the downside it has a strong support at 80p. DOR

lets hope you are right hamlins. There deffinately is potential in this now.

SHARES MAGAZINE
Plays of the week:
* Buy The Restaurant Group at 98.5p - Detica at 655p - Wilmington Group at 116.5p.
Updates:
* Buy CeNes Pharmaceuticals - Trafficmaster - Burren Energy - JKX Oil & Gas (hold/buy).

RNS to-day not such good news - just may be they take an objection to Stephen Fry involvement!! - all other news is good and you can now get in at 85p

Another Director dumps 50,000 the day before an announcement. Anyone Have an idea on this on - good half year figs and rosy future - so why have over 4 mil been told by the bosses?

I think it is risky as 3 directors have sold their shares over the past 1 week

might be for tax reasons

I have e-mailed them twice but no answer other that our Customer Services dept will contact you !!!! Having said all that the SP has recovered a bit and no movement to-day so I am well in the blue with this one

This thread has dropped into oblivion. It now appears that the price is following it. I don't believe that the reported sellers in September could have foreseen "Trafficmasters runs into snarl-up" as reported in Saturday's 18/12/2004 Daily Telegraph

Bridgewell Trafficmasters House broker. drop pretax profit from 3.1 million to 2.2 million following TFC reporting problems with Taiwanese manufacture of its touch-screen leading to thousands of units be thrown away. Some of retailers not able to get stocks for up to 7 weeks and advertising is poor.

I assume that this is yet further delays to decent returns. I would expect further price drop to-morrow. The question is it still a reasonable long term hold.

I thought this might be useful extracted from Telegraph.
"================================"
Trafficmaster runs into snarl-up
(Filed: 18/12/2004)
Trafficmaster, the company that promises its in-car navigation technology will end the misery of traffic jams, admitted yesterday to serious production difficulties. The shares fell 7p to end 57p, a year low.
Problems started in October when the Taiwanese manufacturers of its touch-screen Smartnav product received a batch of faulty glass. Trafficmaster's chief executive Stuart Berman said: "Thousands of these units had to be thrown away."
Mr Berman insists that working products are now being shipped to the UK but some retailers have been left without any for up to seven weeks. This has meant that Trafficmaster now expects to sell 27,000 units this year three times the volume achieved last year but less than the City expected.
As a result, Trafficmaster's house broker Bridgewell has cut its pre-exceptional, pre-tax profit forecast from 3.1m to 2.2m for this year.
The company has also failed to advertise its product enough, at the same time that competitors have been appealing to gadget-hungry Christmas shoppers.
Trafficmaster's system can only be bought and installed via car-dealers or specialised retailers.

TFC is nearing its 52 week low.
Have they solved the problems they had recently?If they have they must be undervalued.The Trafficmaster site says it has an agrement with Chevrolet to offer SATNAV across all models,fitting as standard on one.Standard fit contracts have grown already & could become the norm.
Does anyone have any info on where this could go.

up 20 % since last wk...can go higher,should settle at around 80,before any news.....any ideas..http://tfc

Its worth about 100p and will probably get there now that I have flogged it. I was fed up with waiting. (Reasonable profit.)

I bought last week at 55p,think i got the bottom this time.A bit of good news & some solid figures & they will reach 1,easy.

it seemz on the rise,volumes are higher....any views plz..ive heard its won some new comtracts and updated its marketing.http://tfc

whats up with tfc ?

Don't know.They have been very quiet lately.Thought i had got the bottom,wrong again.They need some positive news to stop the sellers.

http://www.guardian.co.uk/business/story/0,3604,1428314,00.html

Investor fined over bulletin board abuse

Jill Treanor
Wednesday March 2, 2005
The Guardian

The Financial Services Authority has handed out a 15,000 fine to an investor who used an internet bulletin board in an attempt to boost the share price of the technology company Trafficmaster through "dishonestly obtained" inside information.
In levying its first fine for misusing a bulletin board, the City regulator said the investor, David Isaacs, had seen information about the firm while visiting an acquaintance's house. The acquaintance - referred to as Mr X by the FSA - worked for Trafficmaster at the time of the offence in the summer of 2003. Mr X has since left for unrelated reasons.

Mr X worked for Trafficmaster and received minutes of management board meetings. Mr Isaacs memorised the minutes of the August 4 meeting after reading them on Mr X's kitchen table. He also saw the September 8 minutes.

The FSA said Mr Isaacs posted information about forthcoming announcements of new deals for Trafficmaster on the bulletin board of the stocks and shares website ADVFN.com, under the pseudonym Diras.

David Mayhew, acting director of enforcement at the FSA, said: "Internet bulletin boards can offer a legitimate and valuable source of publicly available information to investors. But when an individual inappropriately obtains and discloses relevant company information that is not generally available, through the internet, then this will amount to market abuse."

According to Companies House, Mr Isaacs is a "business consultant" at Diras Limited. He could not be reached for comment last night.

The FSA said Mr Isaacs had cooperated with its inquiry and admitted the offences. He was not a person "authorised" by the FSA. In a decision notice outlining the fine, the FSA said: "The imposition of a penalty for market abuse is a very serious measure and the FSA recognises that, as an individual, the impact on Mr Isaacs is likely to be significant."

The FSA said that Mr Isaacs had bought 28,387 shares in Trafficmaster in three tranches for a total of 11,499 between July 18 and August 8. He posted messages on the ADVFN website on September 3, 10, 12 and 18 and bought further shares on September 5 and 8.

Stuart Berman, Trafficmaster's chief executive, said bulletin boards should be more tightly controlled. He said Trafficmaster had a high proportion of retail investors on its register and was quite a volatile stock, where 4% movements could be "commonplace".