Maxima Holdings Share Discussion Threads

[dnfa1975] 04/8/2010 09:51

horrible results today profits down by a third
dividend cut, etc

[campbed] 26/4/2010 10:50

My guess that the share price should be £1 by end of April looks likely to be right. The trading environment for MXM and similar companies seems to be improving.

[hannahh] 08/2/2010 12:00

That spread is too big. I think your broker is not getting you a fair price. Maybe you should look at another broker.

[patricia59] 03/2/2010 23:38

i take it ur not in ron

[patricia59] 03/2/2010 22:51

hi han non starter 4 me tried to buy when shareprice was 82p
mm quoted me 95. my broker also told me i could only sell 4
76p if i bought that was 4 10k of shares thats a lot of money
4 comp with declining revenue and declining profits so have lost
interest now .

[hannahh] 03/2/2010 10:47

Long term record delivering flexible and innovative IT solutions and services
Interim results in line with expectation
Returning to growth path
Executing on new management's strategy
Exciting new potential markets
Significantly undervalued to peer group

Follow the link for a free report on Maxima Holdings:

[campbed] 02/2/2010 15:05

MXM announced interims today to 30 Nov that suggest its death has been a little overstated and there are signs of life. share price up 12% to 80p and I expect could be close to £1 by end of April.

Paid for "research" from Equity Development forecasts current year adjusted EPS of 13.3p so PER of about 6 at 80p/share for a market cap of about £20m with net debt around £13m (reducing), the EV/EBITDA is ca. 5.4 and forecasted full year divi of 3p with 1p payable from interims.

[wilmdav] 15/12/2009 09:18

Halt! Who goes there?

First one is mine. Whose is the second?

[marben100] 21/10/2009 21:33

I have posted some analysis in my writeup of Monday's event here:

[quidzinn] 21/10/2009 15:21

overdone fall today

Q

[tiswas] 21/10/2009 11:41

Whoops, can answer my own question. Directors say hit by up to £1.3m operating profit and forecasts are circ £6m pre tax for 2010. So say a 20% hit to eps and roughly a 40% fall in sp?

[tiswas] 21/10/2009 11:34

So how important was QAD to them? Does it merit the share price fall?

[iicb] 20/10/2009 23:49

Bad news today, lost QAD distribution....

[davidosh] 18/10/2009 14:30

Kelvin Harrison will be appearing at Mello tomorrow evening if anyone is interested..

[win2003] 13/10/2009 15:57

Had a target iof 1.70 here, think that needs revising....

[win2003] 13/10/2009 09:57

and more...

[win2003] 09/10/2009 11:12

Quietly gaining for 10 sessions - very tight market

[investinggarden] 14/8/2009 10:12

Hold recommendation from Growth Company Investor

[billf2003] 27/4/2009 11:04

First of all the FD goes, then the Chief Exec moves to Chairman and we get a new Chief Exec (and FD), both ex-Netstore.

What is going on?
Are there problems that have not been made public?
Or is it just that the forecasts look sick?

A new Chief Exec and FD point to an opportunity for a "new broom brushing clean" - it looks to me as if we need to prepare ourselves for a big clearing out of problems....

[powwow] 31/3/2009 15:12

On so little volume its amazing... These MMs just drag it down on no trading.

[powwow] 30/3/2009 16:29

This company as I understand it, are as busy as ever as a unit. On the outside they have stated revenue and how the business in being affected, however they have also said recurring revenue is still flowing through the company and they are still here. I do not see too many problems and expect sooner or later the shorters will leave this one, only to see it rise back above £1.

[marben100] 30/3/2009 14:16

The announcement states that he has left for a new job.

With any other company, I would be very wary of such an announcement. However, I am in the fortunate position of knowing Kelvin Harrison personally, having worked with him many years ago for about a year. IMO he is utterly trustworthy and prudent and a very capable manager. Therefore, I find it highly unlikely that anything "iffy" is being hidden from shareholders.

I have to make a couple of caveats to that statement. Firstly, obviously you do not know me from Adam, so anything I say, as with any other BB poster, must be taken with a large pinch of salt. Secondly, not even Kelvin can know how bad things are going to get in the UK economy over the next couple of years - though I do think Maxima is well placed to weather any storm, with its solid base of recurring revenues (which are pretty non-discretionary for Maxima's clients).

Because of my concerns about the UK economy, I am not adding to my holding yet - but if the share price goes much lower, I might. After all, a 2p interim dividend is still being paid & the 2009 & 2010 P/E is STILL under 3 after the recent downgrade. I would really like to see some sign that the economy is turning and IMV we've got quite a way to go yet. Not sure if there'll be anything positive in 2009 at all.

Regards,

Mark

[billf2003] 30/3/2009 12:35

Finance Director leaves after less than 9 months in the job.
Not good news - I wonder what's behind his departure?