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Made Tech Group Plc (MTEC)
Made Tech Group Plc (MTEC) Dividends

MTEC Made Tech Group Plc

13.25

0.475 (3.72%)

Last Updated: 12:59:17

Delayed by 15 minutes

Share Name	Share Symbol	Market	Stock Type
Made Tech Group Plc	MTEC	London	Ordinary Share

	Price Change	Price Change %	Share Price	Last Trade
	0.475	3.72%	13.25	12:59:17

Open Price	Low Price	High Price	Close Price	Previous Close
12.775	12.75	13.25		12.775

more quote information »

Industry Sector
SUPPORT SERVICES

Made Tech MTEC Dividends History

No dividends issued between 25 Apr 2014 and 25 Apr 2024

Top Dividend Posts

Top Posts
Posted at 22/4/2024 10:54 by citys2874 getting press coverage now AIM - WINNERS ---------- Base Resources Ltd, up 85% at 10.00 pence, 12-month range 5.00p-12.15p. Energy Fuels, a US-based uranium and critical minerals producer, says it has agreed to takeover Base Resources. Base Resources shareholders will receive 0.0260 Energy Fuels common shares plus an special dividend of AUD0.065 for each Base Resources share held. The offer values Base Resources at AUD375 million. "The combined group will have the financial and technical capability to not only build Toliara into one of the best critical mineral projects in the world, but also to develop an integrated value chain for the rare earth elements that are essential to the global energy transition," says Base Resources Managing Director Tim Carstens. ---------- Made Tech Group PLC, up 35% at 12.50p, 12-month range 8.00p-28.50p. The provider of digital, data and technology services wins new contract with Department for Levelling Up, Housing & Communities. It says the contract is worth up to GBP19.5 million in revenue over a 24 month period. "Having supported DLUHC to deliver more than 35 digital projects since 2019 we are excited for the opportunity to continue building our partnership. The award of this contract helps underpin our revenue expectations for FY25 and is a testament to the confidence in Made Tech to deliver major new programmes of work," comments Chief Executive Rory MacDonald. Read Full Thread Reply
Posted at 22/4/2024 08:36 by bones The company habitually loses money and cash. Gaining new contracts is part of their basic business so you’d like to think this new contract will help with future cash flow but we are not advised what profit margin comes with it. I don’t see a game changer here but it should help stabilise things a bit. As always with MTEC, check the cash flow statement when the results come out. Read Full Thread Reply
Posted at 22/4/2024 07:18 by aishah That's a BIGGIE for MTEC. Mkt cap is only £14m! 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 01/2/2024 10:33 by parob Added a small amount at 10p.The Singer note this morning suggests that "net cash now £7.9m, so still comfortable and points to just £0.6m H1 burn i.e. MTEC still has plenty of cash runway".Some good cost control is also flagged.hTTps://x.com/1james1n1/status/1752959035391770857?s=61&t=OPWPOeWZxD1L0Ap29u5T3ACurrent MCap £14.9M with almost £8M cash. EV of just £7M.Can't say I'm not disappointed with the trading update but the drop appears overdone imo. 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 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 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

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