Minorplanet Systems Share Discussion Threads

[davidosh] 01/3/2009 20:17

MPS, CYH or TFC ? unless you have another worth looking at...

[andre] 01/3/2009 20:16

Which three are you considering davidosh?

[iantc] 01/3/2009 15:02

cheers andre for your imput,i like the sector that imho will only grow but 1 or 2 wont be around to enjoy it ,will do a little more research then take a punt on one

[davidosh] 01/3/2009 12:39

Excellent discussion and comments guys ....really enjoying it. So I have a large lump to invest in the sector and maybe three to go for. What questions would you like answered by the chief execs to prove that they will be one of the survivors and make us some good money from here ?

[andre] 01/3/2009 11:43

But only one of the two you mention davidosh has a reputation for products that do what they say on the tin. A business model of 'sell at all costs' is what damages reputations and businesses and old customers left with third party leases and no working systems do not return to the fold (and tell 10+ other companies about it too!). There are so many competitors now partly BECAUSE of the reputations of the big players.

MPS practically invented their marketplace but failed to become the 'Hoover' of it. Instead they returned to the market time after time for more cash as they couldn't manage the business that they had profitably. Now there are so many competitors that MPS keep downsizing to try to find their niche. They should never have got to this position. Their 'niche' should have been the entire market!

Moving forward, they may or may not run out of cash and fold if none is available. They may post a profit and struggle on. But their market share has dwindled for years and I doubt that this recession will help any but the best run companies. History does not show MPS to be one of them.

All IMHO of course.

[davidosh] 28/2/2009 18:21

Indeed but also hands up who could fully understand or know what was on those balance sheets or honestly knew the real values at AIG, Citibank, RBS, Lehman Brothers, etc, etc

I like to think that some of these companies including MPS and CYH actually have stronger balance sheets and will survive so long as they size their business accordingly and keep costs under control then move swiftly as orders appear onthe horizon.

[davidosh] 28/2/2009 16:36

Who do you work for then CM ?

My feeling is that companies will start to spend this year where they are convinced that spending is either essential or can make savings overall which should help the sector big players as they will be seen as safe. Whilst smaller outfits will not be expected to survive and provide a long term service. As weak players leave the others will get strongerand consolidation should speed that up. Some of these will also presumably pick up the business left by those in administration.

[lucky punter] 27/2/2009 12:43

Andre
Never say never. CYH returned towards 50p in an unsustainable fashion and I sold out. I had mentioned on many occasions that I regularly monitor my position and the risk was just to great for my 330k shares. I bought a good position in Gold which has done very well so far and into two exploration companies at rock bottom prices. I will be back in Cyh in a couple of months in the low 20's for a reduced stake in proportion to the wider risk now encountered.
I do not believe I ever said that I would never sell because quite clearly that would be pointless, however I did invest for the long term which only turned out to be 27 months in which I lost about 14k. Disaster, not really I could of stayed in.
Cybit will be back as they are a robust company with exceptional management.....Mps however, what can I say.

[cheshiremoggie] 27/2/2009 12:27

IMHO, if the company are sensible they will wait before attempting anything as flash as a dividend or a share buyback until the effects of this recession on the company, if any, become clear. The last results for most companies reflect what was happening last year before the recession really hit. This years trading is going to be the toughest since the 30's and a prudent company will want to hang on to as much cash as possible until there is light at the end of the tunnel. In other words, I doubt if anything exciting is going to happen, unless there is a merger or takeover that will strengthen the financial position. All imho of course,

CM.

[davidosh] 27/2/2009 11:26

Well the chief exec was buying at a higher price and you cannot get a much lower p/e rating so maybe they should be buying some back at this level then.

[ghtt] 27/2/2009 11:10

From what I've read MPS do not intend to pay a dividend. However the AGM did give MPS permission to do share buybacks. Given the price they trade at and the complete lack of any trading volumes, a share buyback would easily make more sense than a dividend payment in terms of it's value and it's impact on the price.

[davidosh] 26/2/2009 23:32

GHTT.....Agreed re the level of sales and profits although I think if we are truly going to assess whether one should be four times the price on valuation than another then we would also need to include quality of assets and debt.

Has anyone heard from the AGM on whether MPS still expect to pay a dividend this year ?

[ghtt] 26/2/2009 21:20

CYH has similar levels of sales and profits to MPS, yet trades at 4x the value.

Relative has to suggest that if their prospects are similar that gap will narrow, the issue if merely whether CYH falls or MPS rises.

[iantc] 26/2/2009 08:39

andre ,i was a big tfc fan but sold a long time back of the 3 whats your view for a long term hold

[davidosh] 26/2/2009 00:30

Andre.....Thanks for your honesty. In value terms and potential if managed well which of the two would you buy at these levels ?

[andre] 25/2/2009 23:24

Lucky sold out his Cybit shares shortly after telling everyone that he would never let any go. You make your own bed when it comes to your reputation.

TracyLied deramped CYH stating 8p as the target. Though massively slated and 'simplistic' in his posts..... he is closer than anyone to a price prediction right now. Sad but true.

I don't see MPS share price ever crossing CYH's but hey, even fools are proven to be right occasionally - if for completely the wrong reasons! CYH has invested in growth for the future and purchased companies for very little cash. MPS have never recovered from early critical mismanagement years ago. I don't and wouldn't buy either in this market - but then, I currently hold nothing anyway, so make of my opinion what you will. I do work in an associated industry and know the market and products quite well because of it. There is nothing wrong with the market and buyers are still there for the right products to save them money and make then more efficient. Too many people listening to the daily news doesn't help public perception.

Good luck to all who hold either or both.

[iantc] 25/2/2009 17:19

lucky punter - 5 Dec'08 - 10:57 - 794 of 818


It is only good news if the staff are not required but you have to ask the question, why have them in the first place. MPS are in serious decline and it is only a matter of time before they need finacing and it will just not be available.

i see luckys beloved cyh is doing its best to catch the mps share price ,after all this time it would be funny to see the 2 share price cross as mps goes up and cyh falls .i dont hold any shares in mps or cyh but thought lp was a bit over the top in deramping mps only to blow cyh trumpet on the mps board .

[bonio10000] 25/2/2009 15:20

Roofer - how much have you lost on this?

Thanks.

[andre] 24/2/2009 22:13

No. But Roofer2 doesn't let the truth ruin a good ramp.

Once again, I have never worked or been associated in any way with MPS in any shape or form or even know anyone who has. Clear enough? (It didn't make a difference to the rampers at £4 and it still won't at 4p).

Enjoy the rest of the ride.

[davidosh] 21/2/2009 13:29

Andre...Did you work previously for Minorplanet then ??

[roofer2] 21/2/2009 08:33

See the ex employees of MPS still at it lol there's no
Pleasing some ppl the directors buy using there own
Money they wouldn't be throwing good money in the
Shares if it didn't have any up turn.
Now what would they all be saying if the directors of
CYH bought even 5k over there ramp ramp ?

Andre get of your high horse an get over it
MPS is a better run company with out you
Believe it

[mudbath] 20/2/2009 09:37

Good post(again)Andre.
Memo to other MPS posters:-
Listen to the guy and act accordingly.
You KNOW it makes sense.