Is there anyone else holding Torotrak shares - interim results due on monday - any idea what to expect?

The "Italian-job" ( RNS recent ) just shows that there WAS something behind the sp movement. Maybe someone tracking the flight-pattern of TRK-execs - but it has shown a 20& rise today for retail shareholders - can't be bad but it's hardly a reward for the patience shown since TRK left BTG - so many years ago I almost "don't believe" they were ever together.
Maybe the Market is wary of jumping-in, until there are some manufacturing figures (eg sales units) as things can fall =all over the place.
I hold TRK from recent excitement but hardly what would be considered more than a punt.
TRK management is well lathered with Options, something I find unacceptable given that the sp has been very low at times - they should have Options based only on performance from the floatation price (3.60 was it?) as any lower sp represents losses for retail investors. Management should have bought shares on the open market and this would have helped to support investors that were relying upon what the Execs told us.
Let's hope this plays out and does finally reward those who held-on - I sold out above 1 as I recall.All IMHO.

this share is way too overvalued on the sales or short/medium term potential, hope people will realise

Charlielinks are you suggesting it's overvalued on their current turnover alone? I believe they do some research work associated with automotive, but cannot remember any details -even if they were released - they would "probably" be subject to a confidentiality ban as this Industry is always eager to keep things under wraps. This "turnover" is not really significant but may help to form connections within the industry, so it's not a stupid diversion in all probability.
OR
Are you saying it's overvalued on the likely potential, assuming a modest IVT-deal is struck somewhere? I've read rumours that each vehicle would attract a royalty of between 20-50 which seems pretty low, knowing that only a few buyers will want this initially and it may take a few years to convince a timid Public.

Unfortunately for PI (what I sometimes call Retail Shareholders, can't remember where I read it).....the automotive industry is conveniently tight-lipped - so rns are few and far between - particularly in this case where there is really no-news. I am ignoring all those RNS concerning Directors lathering themselves with options, benefits and share sales by interested parties.
What no-one seems to be able to establish is whether this product really works well enough to be a viable contender in automotive circles and whether a small outfit like TRK (by turnover) can negotiate a decent deal with anyone larger than Dinky Toys.
/Could ou express yourself in some greater detail so I may gain from you r thoughts,? thanks.
/
May I ask you if your disagree that TRK has always approached the "wrong end" of the problem (ie significantly larger automotive firms), as I've suggested a few msgs ago. .
[[However, we must separate our thoughts based on the nuts and bolts of a company and its customers in the future.......this sp is driven by much sentiment and oodles of hope, in the minds of Private Investors.]]

Possibly a bit of good news for the future.

Knibb Gormezano re-launches Group Sponsored European Transmissions Project
21st October 2005

http://www.autoindustry.co.uk/news/industry_news/21-10-05_1

The best RNS yet, price at present up 31%, and rising.

Although not a full BD, this is the biggest hint yet for the future. 100,000 units, you don't commit to that amount if you don't have 100% faith in the product. We have been waiting for the flood gates to open, who would bet against them opening now. My own thoughts are that we will not have to wait till further into 2006 for another RNS on similar lines. Well done to TRK management.

Still rising. The news of the sale and leaseback has done no harm, resulting in more cash to play with.

Just hope the results on monday dont upset the current uptrend in the chart...Anyone any idea of expectations for next weeks figures?

Results showed a historic loss but we should be looking foreward now to the change from a research company to production with funding from a partner. Blue skies somewhere on the horizon!!! Maybe that explains all the sells from smaller holders and the buys from larger more patient holders?

Wow. A day of rising sp. Let's hope a delayed RNS will explain it.
Maybe Tesco is to market a new hover-mower with a torrobox.

If this keeps getting cheaper, it could be a good turnaround bet. The chart for 2003 was quite exciting. At the time I was "in", saw it get incredibly cheap and then did nothing about it while it went seven-bagger. I may pay slightly closer attention on this occasion.

Sold out about 3 weeks ago as I became disillusioned with the companies progress. Still think it has a fair chance of success, but not prepared to wait, ( held for about 2 years ). Due to several sells in the past, just finished below even. Good luck to all those still holding, and thanks to all those with the knowledge re the product who have done a great job of explaining the technical details to a technophobic.

Cheers greekman

No.

Amazing how Directors buying not much more than a few bob's worth of stock is Big News - pardon me but it isn't - when they buy, say 50k each that is News! but they'd soon lose that.

Too many Options, this business - and little to show for it over the last SIX years -unless you track the sp from 5 to about 25pence before this cynical raid by Directors. I wonder if they are softening up the Market for a cash-call at 25p?

Oh deary me and I bought-in (recently)......after selling at just under 1.....

Is their wonder Gear-box dead? No but the folk pushing it are about to retire on fiull-pensions, paid-for by investors........read MUGS.........Grr.

greekman - I am sorry to learn that you have sold - still, I trust that you will consider the company afresh in times future. (You might remember me as EJ from another site).

If the sp rises only another 45p, then I will break even. Looks as if I can afford to wait a little longer as there is no expiry date in my birth certificate.

Hi B and T,

Yes, I do remember you, as EJ. Money now tied up in other things. Still I hope Torotak comes good, and all of you still in make some profit.

Cheers Greekman

TRK has been moving up several days now - what's up Doc?
Anyone heard...or is this continued speculation that both Ford and Toyota will be using TRK boxes? Forn because they want to improve efficiency and Toyota because they were interested some (6 was it?)years ago.

Well I doubt both ideas - Toyota are well-capable of developing their own transmissions and having a TRK patent would be an iritatiion IMHO. Ford are too big to let a tiddler rule their production, so whatever they do (to achieve ecomomy) it is unlikley to involve TRK - I still think TRK will surprise us (if they don't run out of cash first!)... by comming to Martet wilth a car/offroader/commercial that is made by someone we don't recognise - TATA or further East would have little to lose and much to gain by having a technology that other makers can't replicate....thereby creating an invisible barrier to entry (as it were)....the likes of Ford and Toyota (or BMW etc) have too much to lose and would prefer to keep any costs "in-house"
All IMHO. as ever. I hold a few TRK in an ISA (whoops!).
As I see it any technology that means nervous drivers can drive Auto and entusiastic drivers can get another 30% acceleration has to be a "wonder" product . . . but TRK had Big-Name ambitions and this is their downfall to date. Deals with "mower makers" is good not for the numbers, but because it signals (now) they don't mind WHO they deal with. Could be a nice earner, too.

Long-standing TRK investors need some serious deals soon, or else it's all over, don't you think?

Hangon, it has done this before simply becaue the market appears to think that the slide has been overdone. There are signs that a bit of confidence is coming back into the small-cap market, IMO.

Not holding currently; may live to regret not getting in in the mid-20's as I'm well aware how much this one can fluctuate having played around with it twice over about six years.

Apparently Evolution thinks TRK will "move into the black in the year to 2009". Make of that what you will; I am including it for information only!

We seem to have 'lift off'. I don't see any news. Any ideas?

Fly by Night

Red

Significant breakout of the down trend!

skg