ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

MTI Mtl Instruments

705.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mtl Instruments LSE:MTI London Ordinary Share GB0005507768 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 705.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 705.00 GBX

Mtl Instruments (MTI) Latest News

Real-Time news about Mtl Instruments (London Stock Exchange): 0 recent articles

Mtl Instruments (MTI) Discussions and Chat

Mtl Instruments Forums and Chat

Date Time Title Posts
19/5/202110:49MTI Wireless Edge LTD, A Newbie Tech Well Undervalued.7
19/12/200723:03MTL instruments128
02/2/200317:24MTL Instruments Group PLC9

Add a New Thread

Mtl Instruments (MTI) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Mtl Instruments (MTI) Top Chat Posts

Top Posts
Posted at 13/10/2019 23:53 by davidosh
Just to let shareholders and potential investors in MTI Wireless know that the management team will be exhibiting and presenting on the first day of the two day Mello London investor conference in Chiswick London W4 on Tuesday 12th and Wednesday 13th November and there will be an opportunity to take part in a Q&A at the end of each presentation. These are just a few of the companies taking part...



There will also be lots of quality keynote speakers, panel sessions and round table discussions looking at investment strategies & portfolio diversification plus sessions on.... How does a market maker work your share trades? What is undertaken in a company audit? What is hidden on the dark web? & how can retail investors get access to placings?



If you would like to join the thousand investors at the event you can gain 30% discount on your ticket by entering the code ADVFN30 when you purchase your ticket.
Posted at 19/12/2007 18:10 by doubleorquits
I'll buy you that pint one day - I know the area in which you live :0)

Then again the premium was disappointing.

I guess the answer as to why they did not join the FTSE SMX was to do with the fact that the company buying them are not listed and therefore MTI will be de-listed. Logical if I'd have thought about it - and logical that the bid was a done deal I suppose.
Posted at 13/12/2007 16:10 by rivaldo
Oh yes :o))

750p at least? That would be a 2008 P/E of 20...



"Statement re possible offer

The Board of The MTL Instruments Group plc ('MTL' or the 'Company') notes the
recent movements in its share price and confirms that it has received a
preliminary approach which may or may not lead to a formal offer being made for
the Company.

The Board of MTL, which is being advised by Arden Partners plc, wishes to stress that there can be no certainty that this approach will lead to an offer for the Company. A further announcement will be made as and when appropriate."
Posted at 13/12/2007 12:45 by rivaldo
Aha (to quote Alan Partridge)! I suppose we have to conclude that the share price continues to rise for other reasons then.
Posted at 12/12/2007 22:06 by rivaldo
DOQ, are you out there? Can you confirm what I see - which is that MTI hasn't been included in the FTSE Small Cap in this quarter's review, though they are an exclusion in the FTSE Fledgling Index?
Posted at 11/12/2007 20:40 by rivaldo
Indeed. Funny how VLK are left off the list of those being ejected - I assumed they were certs. Maybe just an omission.

Nice RNS from MTI tonight - another new institutional holder have joined the party, declaring themselves with 586,000 shares (just over 3%). Pressure is building methinks:
Posted at 11/12/2007 14:03 by rivaldo
And up again. It's been confirmed that MTI will be promoted to the FTSE Small Cap in this month's shake-up. Given MTI's apparent lack of available float I'm looking forward to what happens if those funds needing to buy shares try to acquire in size.
Posted at 27/11/2007 10:31 by rivaldo
Ah....DOQ, ta for that, I hadn't noticed (a bit slow at the moment!). Given that MTI is pretty firmly held a FTSE Small Cap promotion could have quite an interesting effect on the share price :o))

Or of course it could just be that MTI is an excellent company likely to be acquired at some point. Which it is imo.
Posted at 16/11/2007 09:34 by rivaldo
Crikey, you gave me a shock there henry! That's the first post here by anyone else since June :o))

Agreed, continued and unusually large volumes going through into a rising share price trend.

I tend to think MTI will be acquired at some point. But on what will soon be a current year P/E of 14.9 the company remains pretty decent value on fundamentals imo.
Posted at 05/10/2007 11:17 by rivaldo
A nice review out today on GCI - remember this is an ISAble stock:



"MTL Instruments – a safe bet - BUY
Companies: MTI
05/10/2007

In times of uncertainty it is worth considering companies that offer exposure to 'safe' sectors. MTL Instruments, a developer of safety devices that delivered robust numbers for the half to June despite US dollar headwinds, is one such business.

A sector that appears pretty safe at the moment is oil and gas exploration and production. The oil price recently nudged $80 (£39.50) per barrel and the fact that economies like China and India are demanding more as they develop means even higher prices cannot be ruled out in the future. Energy prices look set to remain high for quite some time and MTL Instruments should benefit.

MTL's appeal is that it designs and manufactures intrinsic safety systems used to prevent electrical surges and sparks in hazardous environments including chemical plants and oil and gas facilities. 'We estimate that more than 50 per cent of our total revenue is associated with the oil and gas industry,' says Bill Greenhalgh, MTL's finance director.

The company's recent interim results showed that during the half to June, MTL generated £24.7 million of revenues from 'hazardous area' applications – a 17.8 per cent increase on the first half of 2006. Meanwhile, the company reported a record order book for its hazardous area products and services, and has made acquisitions that are aimed at expanding its capabilities in the sector.

The MTL Open System Technologies (MOST) division, which manufactures and sells control platforms and devices (as well as reselling plant visualisation software) fared less well. Its first-half revenues declined 8.6 per cent to £9.6 million due to currency differences, affecting MTL's surge protection business (which supplies devices to protect equipment like mobile phone base stations from voltage surges).

Currency fluctuation has been an issue for MTL because more than 40 per cent of its sales are into the US, where the dollar has been weak over the past year. It is likely to continue to be an issue in the short to medium term.

MTL still managed to improve its total interim revenues six per cent to £43.9 million and at the end of June its order book stood at more than £45 million. Pre-tax profits sparked up from £3.6 million to £4.1 million, which translated into earnings per share of 14p (H1 2006: 12.6p) and allowed a ten per cent increase in the interim dividend to 3.2p.

Management expects the growth to continue in the second half, which means that the company should achieve the 31.8p of earnings that analysts are forecasting for the full 12 months. Arden Partners expects earnings to increase 17 per cent to 37.2p per share next year, leaving the stock trading at just below fair value in the short to medium term. Its exposure to the oil and gas sector, as demonstrated by the strong recent growth of its intrinsic safety for hazardous area business, should continue to benefit the company in the longer term. Buy."
Mtl Instruments share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock