Mti Wireless Edge Share Discussion Threads

[cheeky13] 06/11/2015 15:07

3rd Quarter results due anytime next week,may have something to do with it. Just a guess.

[spaceparallax] 06/11/2015 14:52

Interesting rise today - I wonder if something's happening in the background or whether we might have a rec.

[spaceparallax] 02/11/2015 10:01

Sp on the move again

[spaceparallax] 15/10/2015 08:19

Great news this morning - Mottech really seem to be adding value. Hopefully, with this positive newsflow, the share price can continue it's steady ascent towards at least its intrinsic asset value.

[sailing john] 05/10/2015 11:28

Back to post results high of 13p

But a long way to go to reach Equity value of 22p

Profitable and yielding over 5%!

Recent Mottech acquisition puts some of their cashpile to good use

Should see a step change in next results

[luckymouse] 29/9/2015 22:44

Bowling up

[muffster] 14/9/2015 23:01

Yes and its low.But, buying in to an improving business at discount to nav

[callumross] 14/9/2015 20:33

Have you seen the ROCE on MWE!

[muffster] 14/9/2015 19:16

Just lots of sales, no news Based on that and positive new recently, will buy more

[cheeky13] 14/9/2015 16:43

I can`t find anything.

[spob] 14/9/2015 16:39

Any news today ?

[luckymouse] 05/9/2015 04:08

Exciting profit jump
-----------------------------------------------------
MTI Wireless Interim Profit Up; Says Mottech Integration Going Well
Thu, 27th Aug 2015 08:44

LONDON (Alliance News) - MTI Wireless Edge Ltd on Thursday posted a rise in pretax profit for its first half, and said that the integration of recently acquired wireless irrigation service provider Mottech Water Solutions Ltd is "proceeding well".

MTI Wireless manufactures flat panel antennas for fixed wireless broadband.

For the half year to end-June the company reported a pretax profit of USD357,000, up from USD181,000 a year before, as revenue rose to USD8.0 million from USD7.1 million. The company's results include one month from Mottech.

The company said its antenna business continued to grow during the half year, and it saw growth across a majority of its core product range except for its 80 gigahertz products. The 80 gigahertz products continued to gain traction in the market, the company said however, and it remains confident in the long-term market opportunity for them.

"The integration of the Mottech business is proceeding well, and we anticipate that the Mottech management office will move to MTI's facilities in September, which will accelerate the integration process and and help us achieve operational efficiencies. We continue to see many opportunities for Mottech's water management services, as well as applying Mottech's remote control and monitoring systems in other markets," said Chief Executive Officer Dov Feiner in a statement.

[spaceparallax] 01/9/2015 09:40

a little life here this morning

[spaceparallax] 27/8/2015 22:05

Nice, a further step in the right direction. If only we could see the equity value reflected in the sp, let alone the growth potential.

[049balt] 27/8/2015 20:21

Looks like we are on our way.

[gocanes] 27/8/2015 11:14

updated Allenby note at hxxp://allenbycapital.com/research/research-mti.html

[t1lal] 27/8/2015 10:48

Some movement at last!

Mottech appears to be a good addition, thus far.

Agree SJ FY will be key.

[callumross] 27/8/2015 09:43

Problem with valuing this one is that they report in dollars so it is pretty difficult to work out the metrics of the balance sheet.

[russman] 27/8/2015 08:44

I don't know what a multi-gigabit wireless backhaul solution is.
But it sounds good to me.

[sailing john] 27/8/2015 08:30

Yes very positive

Op Profit +150% !!!

Mottech was a great acquisition puts their massive cash pile to good use

Market might take note at FY - still off radar for now

[sladdjo] 27/8/2015 07:53

Great set of results. Mottech making a v strong contribution in 1 month! With these results should be capable of beating forecast yrly op prof of $885k.

[sailing john] 19/8/2015 16:05

Good to see a bit more volume

And a tick up!

[russman] 05/8/2015 19:56

One small step for Mottech
One giant leap for MWE.

[sladdjo] 05/8/2015 08:39

1H res should be out shortly. From Dov's comments in 1Q report, it looks like res may be slightly weak for 2Q, but will be interesting to see how Mottech is fitting in (even if we've only held it for < 1 month at time of res.)

[cjohn] 23/7/2015 12:07

So that was your post for the year. One more step and you will be free.