Tracsis up 9% today

Friday, Jul 31 2015 by
3

I hold Tracsis. I see that it is up 9% today. But my searches don't reveal any reason. Can anyone tell me why this share price increase has taken place?


Filed Under: Growth Investing, Stock Picks,

Disclaimer:  

As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. The author may own shares in any companies discussed, all opinions are his/her own & are general/impersonal. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.


Do you like this Post?
Yes
No
4 thumbs up
1 thumb down
Share this post with friends



Tracsis plc is a holding company. The Company is engaged in the business of software development and consultancy for the rail industry. Its segments include Rail Technology and Services, and Traffic & Data Services. The Rail Technology and Services segment includes its Software, Consultancy and Remote Condition Monitoring Technology, and also includes Ontrac Limited and Ontrac Technology Limited (together being Ontrac). The Traffic & Data Services segment includes data capture, analysis and interpretation of traffic and pedestrian data to aid with the planning, investment and ultimate operations of a transport environment and it also includes SEP Limited (SEP). It provides software products, consultancy services and delivers customized projects to solve a range of problems within the transport and traffic sector. It specializes in solving a range of data capture, reporting and resource optimization problems along with the provision of a range of associated professional services. more »

LSE Price
622p
Change
 
Mkt Cap (£m)
176.2
P/E (fwd)
25.1
Yield (fwd)
0.3



  Is LON:TRCS fundamentally strong or weak? Find out More »


7 Posts on this Thread show/hide all

Warranstar 31st Jul '15 1 of 7
1

I see someone has marked my post down for some reason. I should like to explain that I bought this share after considerable research & in the expectation that the share price would increase. It is just that the particular reason for the sudden share price rise is not apparent.

| Link | Share
herbie47 31st Jul '15 2 of 7
1

Apparently it was a Motley Fool Hidden Winners share tip, last night. That expains the buys this morning. I also hold this share, was getting a bit worried with the recent fall but now it has bounced back. Will be interesting to see if there will be a new 52 week high next week.

| Link | Share | 1 reply
Warranstar 31st Jul '15 3 of 7

In reply to post #103913

Thank you for your explanation Herbie47.
This re-enforces my view that shares should mostly be bought or sold on the basis of fundamentals. If anyone disagrees and believes that shares should be bought or sold mostly on the basis of share price movements, then please can they explain why they hold such a view?

| Link | Share | 1 reply
herbie47 31st Jul '15 4 of 7

In reply to post #103915

Well many investors buy when prices are good value and then sell when they become less value. Or do you mean something else?

| Link | Share
DJLJ23 1st Aug '15 5 of 7

Thank you for asking the question and to herbie47 for answering it, I to am a holder who was getting concerned and could not find a good reason for the price movement.
Regarding your question on buying selling on share price movements, I think it comes down to your attitude to time and risk. Riding momentum is great, it works, but often ends with a big fall, so you need the time to be able to monitor your stocks, and respond quickly.
For me a mixed portfolio works best. Momentum shares can give a healthy increase to the portfolio as long as you keep your losses small, after all not many private investors really know what's happening within a company.

| Link | Share
herbie47 1st Aug '15 6 of 7

Tracsis share price seems to go up and down quite a bit, I think its suitable for buying on dips and selling on peaks as the movement is around 25%. It has dipped 4 times in the last year. So I will keep my current holding and then add if it dips again.

| Link | Share
apad 1st Aug '15 7 of 7

It is the first anniversary of the extension of the US trials to six. If I remember correctly the CEO said that trials take a couple of years.
Successful adoption would cause a sea change.
Thanks for the info, Herb.
apad

| Link | Share

What's your view on this thread? Log In to Comment Now

You can track all @StockoChat comments via Twitter

 Are LON:TRCS's fundamentals sound as an investment? Find out More »





Stock Picking Tutorial Centre



Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis