|Mti Wireless Edge
||EPS - Basic
||Market Cap (m)
|Technology Hardware & Equipment
MTI Wireless Edge Share Discussion Threads
Showing 2276 to 2300 of 2300 messages
|Hi Columbarius, I'm pleased to have been of some help.
The second contract win with another new European customer in the military segment is hopeful for future performance in the antenna división, which has been in and around break even for several years. Both new contracts are small, but bring the promise of repeat business.
For me, downside here is limited by the 26.5p net tangible assets.
There is always a slight political risk associated with Israeli companies, however.|
|Thanks for the clarification CJ. I'd missed that useful note during a quick read of the accounts and after further research I bought in.|
|Good news, let's hope these new customer contracts lead to fruitful long term relationships.|
|Of course, the increase in distribution costs were due to Mottech! How could it be otherwise? Mottech was acquired one month before the end of last years 1st half. So you are comparing six months distribution costs at Mottech (this Year) with one month last year.
But the poor profit performance was down to a poor first quarter at the antennae business. This was clearly signalled at the end of the first quarter and is clearly visible from the half year results.
Look in particular at the segmental analysis on page 9.
Revenue at Antennae first half was $5.304m Loss was $345k. (In the first quarter Antennae made a loss of $400k.)
Revenue at Mottech was $6.021m Profit was $835k. So profit margin at Mottech was about 14%.
So profit margin at Mottech is much better than anything I can remember the antennae business ever doing and isn't bad in absolute terms.|
|Your antenna theory doesn't explain the big hike in distribution costs as they're sales related and antenna sales were weak in Q1. The hike was due to Mottech and time will show it to be a low margin business.|
|Hi Columbarius, if you read back over the first quarter report, you will see that the antennae business had a very poor quarter. This accounts for the flat eps for the first half.
In the second quarter, the antennae business recovered and profits for the year are likely to more than doublé those for the first half.
Company guiidance - and indeed looking at segmental outcomes in the latest reports - suggests that Mottech is trading more than satisfactorily. Regards.|
|I've not seen any news to that effect.|
|Perhaps the Mottech acquisition isn't going as well as was hoped. It has added revenue but unfortunately general, administrative and especially distribution costs have grown at a quicker rate and are hurting the bottom line.|
|What happened here?|
|Chart continuing to develop nicely, following the double bottom, we now seem to be achieving higher lows and highs.|
|Looks like we have a double-bottom|
|A pleasing half year report|
|What is the 26.5p divi. Big Typo?|
|AIM Morning Risers:
14th July 2016
|Shareprice well down from recent highs. An upward correction likely on any positive news.
The reaction to 1st Q results made no sense on fundamental grounds. And I was very happy to buy more shares in the mid-teens. Net tangibles at around 26p per share on Sterling weakness.|
|Get ready for GWMO liftoff. Buying been going on in last few days ahead of news. Get in before the crowds for a GWMO multibagger. Gold copper silver drilling commencing.|
|Dollar revenue, possible takeover? I see this as a cheap stock with great growth capability / potential. Qtr reporting must be tricky for small companies as cash flow is lumpy by nature and harder to smooth out
|Indeed, share price very lively this morning.|
|What's going on?!|
|A consistent, steady increase in performance will be the key to MWE's success.|
|CJohn, agree looks like a positive for MWE, just hope they have managed to increase the orders for the next Qtr|
|The slump in the pound against the dollar will increase MWE's asset value in sterling terms.|
|A new European customer.|
|Our antennae seem to be establishing a solid reputation amongst the military.|
|A large contract win for a new military customer. $1.8m over the next two years.|