|Mti Wireless Edge
||EPS - Basic
||Market Cap (m)
|Technology Hardware & Equipment
|MTI Wireless Edge Daily Update: Mti Wireless Edge is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker MWE. The last closing price for MTI Wireless Edge was 22.75p.|
Mti Wireless Edge has a 4 week average price of 21.50p and a 12 week average price of 17.75p.
The 1 year high share price is 27.13p while the 1 year low share price is currently 17.38p.
There are currently 51,839,490 shares in issue and the average daily traded volume is 12,836 shares. The market capitalisation of Mti Wireless Edge is £11,793,483.98.
|johnwise: 17/02/2016 7:00am
MTI Wireless Edge Limited Final Results
|cjohn: Momentum buyers buy on momentume. So it wouldn't be a surprise if some of the new investors here were attracted by a rising share price.
In my view, however, these are still undervalued if you take into account trading prospects and assets.
The Mottech acquistion has added the prospect of rising earnings to the then existing very attractive asset postion and decent company culture.|
|cjohn: There has been no significant upgrade. Nor is there any new news about Mottech.
There is unlikely to be a takeover in the offing, given the percentage holding of the directors.
For several years these were valued at a fraction of cash and freehold property and could be bought for mid single digits. At that point, most of the comment on here was of the ilk that the directors were crooked and had ripped off investors and the company was doomed. Very good to see that a rising share price has put paid to all such idiocy - and produced some florid optimism.|
|spob: Taken profits here this morning 20p
average buy price 9p
more by accident than design LOL
meaning i set the wrong sell order type when setting a profit protection stop loss DOH
and thus my position was sold at the open this morning
oh well can't complain, my mistake
I have set a buy back order at lower levels
It would not be atypical to see a retracement after such a fantastic spike in the share price over the last year|
|muffster: Sailing John, read the allenby note for an idea of the base case share price. 25p is too low|
|muffster: Listed on stockopedia as having a score of 96 out of 100. Allenby note sees an average case share price of 40.5p|
|sailing john: Thanks for posting Allenby note
Here are the headline numbers for anyone who can't be bothered downloading
Allenby fair value increased from 21p to 30p following Mottech acquisition and Q3 results
Step change in PBT not fully reflected in share price ....yet!
2015E $1.1m - 7 months Mottech
- MC just £7.5m at 15p and paying divis
|kingivor: Added this am after some obvious 'no-patience' profit taking, (very healthy for share price consolidation).
Q3 gross profits $2.35million.
Current MC £7M.|
|hezza123: Yes, I can't say I'll be subscribing to that tip service any time soon! Nice that other investors have hopped on board though, so hopefully the share price will move up towards a more realistic level.|
MTI Wireless Edge share price data is direct from the London Stock Exchange