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Made Tech Group Plc (MTEC) Share Price

MTEC Made Tech Group Plc

9.25

0.00 (0.00%)

19 Apr 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Made Tech Group Plc	LSE:MTEC	London	Ordinary Share	GB00BLGYDT21	ORD GBP0.0005

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	0.00	0.00%	9.25	90,710	07:30:33

Bid Price		Offer Price	High Price	Low Price	Open Price
9.00		9.50	9.25	9.25	9.25

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Cmp Facilities Mgmt Service	40.25M	-1.6M	-0.0107	-8.64	13.81M

Last Trade Time	Trade Type	Trade Size	Trade Price	Currency
15:46:06	O	69,000	8.9808	GBX

Related Shares
Compass (CPG), Ferguson (FERG), Aukett Swanke (AUK), Dillistone (DSG)

Made Tech (MTEC) Latest News

Made Tech News

Date	Time	Source	Headline
29/2/2024	07:00	UK RNS	Made Tech Group PLC TR-1
26/2/2024	09:41	ALNC	Made Tech Group maintains guidance despite difficult half on headwinds
26/2/2024	09:09	UK RNS	Made Tech Group PLC Half Year Results
26/2/2024	07:00	UK RNS	Made Tech Group PLC Half Year Results
01/2/2024	12:48	ALNC	Made Tech down as sales suffer amid "challenging" market backdrop
01/2/2024	07:00	UK RNS	Made Tech Group PLC Trading Update and Notice of Results
09/1/2024	10:28	ALNC	Made Tech hires former Learning Technologies CFO Neil Elton as CFO
09/1/2024	07:00	UKREG	Made Tech Group PLC Appointment of new CFO and Board Changes
17/11/2023	14:48	UKREG	Made Tech Group PLC Director Share Purchase
30/10/2023	07:00	UKREG	Made Tech Group PLC Exercise of options and PDMR Dealing

More Made Tech News

Made Tech Investors Made Tech Takeover Rumours

Made Tech (MTEC) Discussions and Chat

Made Tech Forums and Chat

Date	Time	Title	Posts
10/4/2024	09:54	Made Tech Group PLC	577
16/11/2022	12:36	Matchtech : Engineering Recruitment	378
06/2/2015	10:07	Looking for opportunities...	-
20/8/2009	13:55	MTEC - Engineers Are Hot Property	110

Add a New Thread

Made Tech (MTEC) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
14:46:07	8.98	69,000	6,196.75	O
11:36:16	9.00	4,250	382.50	O
11:16:30	9.00	7,161	644.49	O
08:55:27	9.50	12	1.14	O
08:55:27	9.50	10	0.95	O

View all Made Tech trades in real-time

Made Tech (MTEC) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by Made Tech Daily Update Made Tech Group Plc is listed in the Cmp Facilities Mgmt Service sector of the London Stock Exchange with ticker MTEC. The last closing price for Made Tech was 9.25p. Made Tech currently has 149,287,000 shares in issue. The market capitalisation of Made Tech is £13,809,048. Made Tech has a price to earnings ratio (PE ratio) of -8.64. This morning MTEC shares opened at 9.25p Read Full Thread Reply
Posted at 30/3/2024 09:20 by masurenguy Richard Penny, of Crux Asset Management, shares his views on MTEC @55.35. Read Full Thread Reply
Posted at 16/1/2024 08:25 by parob Haven't been able to find what the SCSW tip says but there's this from 21/12/23hTTps://blackswanshares.substack.com/p/3-microcaps-for-20243 microcaps for 2024MADE TECH GROUP (MTEC) MC £16 milThis is a mini KNOS, software co which specializes in digitisation projects for central and local UK government. The share price has been an absolute disaster since ipo. Again, this is another human capital intensive business which hired too many expensive employees at the top of the market and coupled with normalizing demand after covid, meant a tough, loss making period in which the ceo decided to shift focus on profitable growth by cutting costs, etc. The main positive with MTEC is the net cash position. It has c £8 mil net cash and this should be more than enough to support the transition to profitability without dilution. The main weakness is that these gov contracts are on a "call off basis" ie there are no defined time schedules so the timing of contract delivery it's entirely at the client's discretion. A few delays in timing caused poor staff utilisation rates which in turn impacted profitability but MTEC never lost a client and has a contracted backlog of c £67mil so it's a matter of when, not if. Once these contracts start, the operational gearing will have the opposite effect: super profits. Read Full Thread Reply
Posted at 09/1/2024 11:38 by lawson27 It won't be long before the new CFO puts his hands in his pocket to grab a few at this level imo, i just hope its sizeable, showing confidence in the company and giving the share price a boost, GLA Read Full Thread Reply
Posted at 07/1/2024 11:06 by parob There's this from 21/12/23hTTps://blackswanshares.substack.com/p/3-microcaps-for-20243 microcaps for 2024MADE TECH GROUP (MTEC) MC £16 milThis is a mini KNOS, software co which specializes in digitisation projects for central and local UK government. The share price has been an absolute disaster since ipo. Again, this is another human capital intensive business which hired too many expensive employees at the top of the market and coupled with normalizing demand after covid, meant a tough, loss making period in which the ceo decided to shift focus on profitable growth by cutting costs, etc. The main positive with MTEC is the net cash position. It has c £8 mil net cash and this should be more than enough to support the transition to profitability without dilution. The main weakness is that these gov contracts are on a "call off basis" ie there are no defined time schedules so the timing of contract delivery it's entirely at the client's discretion. A few delays in timing caused poor staff utilisation rates which in turn impacted profitability but MTEC never lost a client and has a contracted backlog of c £67mil so it's a matter of when, not if. Once these contracts start, the operational gearing will have the opposite effect: super profits. Read Full Thread Reply
Posted at 07/1/2024 10:37 by masurenguy Parob - this is a list of current major shareholders. It would appear that the applicable date was as at 23 December 23. This can be compared to the shareholdings on 25 August 2023 in my post #458 above. Rory MacDonald: 28.53% Chris Blackburn: 14.50% Hargreaves Lansdown Asset Management: 6.17% Stonehage Fleming: 5.46% Sarasin & Partners: 5.38% CRUX Asset Management: 5.18% Luke Morton: 4.03% Interactive Investor (Manchester): 3.26% Highclere International Investors (London):3.10% AIM Securities in Issue:149,287,059 shares The responsibility for issuing any RNS relating to any above threshold share transaction rests entirely with MTEC not the investor. The rules require the investor to notify MTEC and then for MTEC to issue an RNS detailing the transaction and subsequent shareholding. Since the IPO in September 2021 MTEC have only released two RNS announcements relating to this - the Premier Miton 7% investment in October 2021 and the Crux Asset Management 5.05% investment last year. Therefore it has been MTEC who have not been abiding by the AIM disclosure rules rather than the applicable shareholders. Read Full Thread Reply
Posted at 05/1/2024 11:51 by eagle eye PSR very low and share price down 90% over the past 12 months. Asymmetric risk/reward ratio looks attractive, especially with net cash. A bit of buying and this could really motor IMHO. Read Full Thread Reply
Posted at 05/1/2024 09:58 by hamidahamida Worth remembering that the #MTEC CEO bought GBP150k of shares at 17.14p in July.At nearly 28% ownership already he didn't need to do that.and then In November COO of the Company, purchased 310,000 shares at a price of 10.40 pence per Ordinary Share and took his ownership to approximately 14.50%. -:-CEO and COO both together permitted to acquire ordinary shares in the Company up to 43.04% of the Company's issued share capital (as agreed with the Takeover Panel).-:- Following the above purchases by the 2 guys they now own shares equivalent TO 43.03%. Just shy of 43.4% permitted limit. -:-Ask yourself WHY buy just before the close period to almost maximum allowed Read Full Thread Reply
Posted at 05/1/2024 08:58 by hamidahamida MTECH One of only 11 suppliers to win a place on Lot 2b of the new Digital and Legacy Application Services framework ("DALAS"), which is expecting to spend GBP700m-800m until September 2027."An equal share of this delivers MTEC c. GBP72mover the next 3-4 years.MTEC already has 8 of the top 10 central government bodies as active clients.Organisations that spend billions on technology and change every year.In the meantime, MTEC has steadied the business. Has plenty of cash + zero debt.Already improved profitability substantially in H2 2023. Continuing in FY24. Won access to substantial further work. Invested in/delivered new higher margin IP and is AI intelligence active. Read Full Thread Reply
Posted at 23/12/2023 13:14 by parob hTTps://blackswanshares.substack.com/p/3-microcaps-for-20243 microcaps for 202421/12/23MADE TECH GROUP (MTEC) MC £16 This is a mini KNOS, software co which specializes in digitisation projects for central and local UK government. The share price has been an absolute disaster since ipo. Again, this is another human capital intensive business which hired too many expensive employees at the top of the market and coupled with normalizing demand after covid, meant a tough, loss making period in which the ceo decided to shift focus on profitable growth by cutting costs, etc. The main positive with MTEC is the net cash position. It has c £8 mil net cash and this should be more than enough to support the transition to profitability without dilution. The main weakness is that these gov contracts are on a "call off basis" ie there are no defined time schedules so the timing of contract delivery it's entirely at the client's discretion. A few delays in timing caused poor staff utilisation rates which in turn impacted profitability but MTEC never lost a client and has a contracted backlog of c £67mil so it's a matter of when, not if. Once these contracts start, the operational gearing will have the opposite effect: super profits. Read Full Thread Reply
Posted at 12/1/2023 11:46 by bones Made Tech’s interims for the half year to 30/11/22 will be out in February I guess. I will be keen to see how much they have been affected by the clearly documented holdups that occurred at government departments in the summer in awarding contracts and dealing with bids. Even MTEC themselves made a brief passing comment when they announced their final results on 12/9/22 but so far there has been no indication how it might have impacted on their performance for the half year to 30/11/22 during which all the Government leadership problems happened. As MTEC is 100% public service oriented, they were probably affected in some way. It’s possible the market has already discounted this situation in MTEC’s share price. I do not know. Both TPX and TRD, probably the closest publicly quoted competitors of their size (there are loads that are privately owned too), commented on how they were affected quite badly when they published interims before Christmas. Here is the anecdotal commentary from all three to date. I will be interested to hear what MTEC has to say next month because they should have the latest information on whether these problems at government level have resolved themselves since the summer months. TRD commented in December that they had started seeing bids and wins resuming from October onwards. Made Tech (MTEC) passing comment on 12th September 2022: ”We are mindful of the recent changes within government and the potential impact of this may have on our public sector clients…”; TPXImpact (TPX) passing comment on 30th November 2022 ”As expected, we have seen some delays in commencing programmes given the political backdrop…̶1; Triad (TRD) passing comment on 1st December 2022: ”…a near paralysis in some areas of government procurement as a result of political turmoil…”; Disclosure: I currently hold TRD but not MTEC or TPX. The above is really just a heads up and I want to know what one of the bigger players in this space has to say on current conditions. If it’s all clear on the public sector front then all three stocks are probably buys (but not until I see the MTEC interims!) Read Full Thread Reply

Made Tech share price data is direct from the London Stock Exchange

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