Minorplanet Systems Share Discussion Threads

[andre] 05/1/2010 15:05

I doubt that anyone was interested in this stock as it has been slowly dying the death of a thousand cuts for ever. Coming up to Christmas, who would suddenly be interested? You need to stop reading the conspiracy novels BA. They are doing you no good.

[buenos aires] 05/1/2010 09:10

Thought I will board this Mary Celeste and check for signs of life.

Checked all over for bb postings and none found ,last posting 14-12-09 .
Looked for RNS from the company ,even more strange , none since 21-09-09 .
Share trading seems to have come to a halt around 14-12-09 .
The ship ,(company) seems to be working as normal,as if on automatic pilot.
What could all this mean?, I sense a script from a Dr Who episode.

Now with approx 3000 listed companies on the stock exchange , you would think the good people at the FSA would have a monitoring team of 300 screen watchers ,keeping an eye on these unfortunate companies that disappear with no logical reason .
Come to think of it a computer tracking program would have highlighted this strange phenomenon.

Question : How does a company avoid an independent audit?


Answer : It gets bought out by someone before audit deadline.

edit: Probably pure coincidence that shares were "traded" 2 hours after posting here . This stock market is a charade !!!

[andre] 14/12/2009 18:36

By the way,

word on the street is that MPS did not win their tender for the Kirklees Council contract. Beaten into fourth/fifth apparently - by two smaller rivals and one bigger private player.

Just what I heard. Point being, if they cannot win the bigger deals and the SME market has struggled all year......

Another nail?

2010 looks to be another hard one in the UK too. IMHO

[andre] 13/12/2009 12:31

Correction sdavis - (minus) a lot. IMHO

[sdavis] 11/12/2009 06:53

About £0.

[ghtt] 10/12/2009 13:12

So CYH are worth £23m as a takeover!

What are MPS worth? Currently trade at £1.5m mkt cap?????

[andre] 21/11/2009 19:40

Can't see any company wanting to rescue them to be honest. Too much debt and poorly run IMHO.

[sdavis] 18/11/2009 09:08

None: seems like tme may be running out for MPS. Takeover target?

[davidosh] 18/11/2009 07:43

Any news or info here ? TFC results out today.

[andre] 29/9/2009 21:05

1) How long have the 'new' management been in charge?
2) Why are they not making profits?
3) How much are the management being paid to continue to make losses and burning cash raised?

As a private company they would not have been supported this long by the banks. As a public one they remain beneficiaries of bailouts again and again.

You can invest you money here but be sure you know what you are getting into.

[martin44] 28/9/2009 23:20

I am very positive that the changes being made within the company will make a difference and a good one at that!

[andre] 28/9/2009 23:11

encarter - prediction number 5.

MPS is not 'off the rocks' but merely 'barely remaining afloat'. The only way is not up. There is also 'over and out' permanently. The management have had their chance to turn this around and failed IMHO. Still making losses despite all the cuts and further bailouts. The serial disappointer could yet disappoint for the last time IMHO.

[encarter] 28/9/2009 10:04

"MPS has hit the rocks" Yes but it's not sunk. Hopefully they have learned from their mistakes. They have just managed to raise funds which will lift them off those rocks and toward calmer waters. The next bit of news will be interesting. The only way is up from here imho.

[cheshiremoggie] 27/9/2009 22:01

Interesting - I thought Masternaut were the Juggernaut in the Telematics area.

If they are in trouble then it is a double edged sword for the others.

The companies in trouble will eventually go under.

The companies that survive will eventually make a killing in a decimated marketplace.

Which companies are which?

Which is why the telematics sector is rated so low. no-one is really sure who are the winners and who will go bust.



Place you bets now.

CM.

[andre] 27/9/2009 20:29

Ahhh Dirk07, the first sensible post in a while. Rumours are that Masternaut are struggling with large debts. Pulling out of trade shows is not inspiring news. MPS have made all the classic mistakes in their business model, yes. Too much reliance on the next sale and the lease providers. Money up front is often money already spent when it comes to looking after their customers.

The market is a-changing and the juggernauts are struggling to turn around fast enough. EIT looks dead, MPS has hit the rocks, TRAK abandoned financing(?) and CYH might just win through.

Did I miss a quoted tracking company? Doesn't look good right now in this sector IMHO

[dirk07] 27/9/2009 19:26

I understand that masternaut have pulled out of their planned trade shows at the last minute

I imagine just about every original player in this industry is in a similar position to MPS due to them all having the same business model

[mary9740] 25/9/2009 22:39

I dont know how they have lasted so long they arnt worth a light,

[tom306] 25/9/2009 21:40

"I feel that although many people have lost on this one, including myself that the tide is changing and changing fast and we will see the benefits of this for MPS..."

You and most of MPS's shareholders over a number of years. And yes that includes me. I thought like many others that it had to get better. It didn't and I lost out. Any sensible analysis of their balance sheet shows they are still a basket case. Those who believe that penny shares can only grow in value usually lose their money. I remember many investors thinking that when the old management team cut loose the (almost terminal) US investment. When they thought the US legal actions had been settled too many rushed in. The recent consolidation shows just how wrong they were. Today's investors may not be wrong but history and MPS's poor public reputation is against them. Invest at your peril.

[martin44] 25/9/2009 21:19

encarter - Agreed that your comments are very very true........

[martin44] 25/9/2009 21:16

I feel that although many people have lost on this one, including myself that the tide is changing and changing fast and we will see the benefits of this for MPS...

[yump] 25/9/2009 18:26

Oh dear, I kept a smattering of these from 2000 and had forgotton about them.
I remember thinking that if they ever got pushed on a BB, that was the time to sell out to cash again...

Are there so few stocks worth buying that stuff like MPS gets dragged out.

They should go see the Dragons online, that would be fun.

"So exactly how much investors money have you p....d up the wall ?"
"...and you're asking for how much ?"

They'd all need commodes, there wouldn't be any time to get to the toilet.

[quartix2] 25/9/2009 18:19

cliley454

I am going to change your name to RAMP when will you ever stop posting the same thing and simply changing the prices which we can all see anyway - Do you post when the share price drops???????

Loser!

[cliley454] 25/9/2009 09:01

MPS
Price: 28p
Market cap £1.8m
Judging from the chart one would think that the chance of picking up a MPS bargain had passed, but with a little research the truth is revealed. In fact they completed a 1 for 20 share consolidation at the start of September, which means today's share price of just 26.5p equates to around 1.3p in old money. Along with the consolidation came a fund raising at 1.5p (30p) which raised around £1.8m cash. Prior to announcing the fund raising MPS looked down and out and with the threat of administration or delisting were priced accordingly at 3p (60p). Their problems also included litigation against MPS of EUR1.2m, which has recently been resolved.
They now have the necessary funds to take the business through and out of the recession but the share price has more than halved since? Crazy!

Lets look at the business. Firstly they are safe now from the receivers and delisting isn't an option with all of the newly issued stock. They have realigned strategy to focus more on the larger corporate market and licensing of their software to other hardware providers. This is a massive company with over 270 employees and an expected turnover of £20m this year. Last years results showed a profit of £1.5m and a return to anywhere near this would make these a 10 bagger. Here's the company website for further research.
Interestingly their nearest competitor, CYH is valued at over £10m.

Short term price target: 90p
12 month target: £3.00p

[tom306] 25/9/2009 08:54

Encarter

Ponder this then. Was it I who p*ssed shareholder value down the drain? Was it I who had to raise funding to avoid bankruptcy? Was it I who failed to raise the amount of funding I was looking for? Was it I who had to pay directors and some other creditors in shares? Was it I who didn't pay HMRC, Was it I.....Was it I.....Was it I? Was it heck!!

[andre] 25/9/2009 08:35

encarter

Observation - if you have never lost money on this stock then you have never owned it.

The share price has been due to rocket since 2002. The race is over, the crowd have gone home, the lights are off and the stadium has been put to bed for the night. Yet MPS still sit at the starting line because they never heard the gun. IMHO

Maybe the posters just know more than you do.