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MTI Mtl Instruments

705.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Mtl Instruments MTI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 705.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
705.00 705.00
more quote information »

Mtl Instruments MTI Dividends History

No dividends issued between 25 Apr 2014 and 25 Apr 2024

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Posted at 14/10/2019 00:53 by davidosh
Just to let shareholders and potential investors in MTI Wireless know that the management team will be exhibiting and presenting on the first day of the two day Mello London investor conference in Chiswick London W4 on Tuesday 12th and Wednesday 13th November and there will be an opportunity to take part in a Q&A at the end of each presentation. These are just a few of the companies taking part...



There will also be lots of quality keynote speakers, panel sessions and round table discussions looking at investment strategies & portfolio diversification plus sessions on.... How does a market maker work your share trades? What is undertaken in a company audit? What is hidden on the dark web? & how can retail investors get access to placings?



If you would like to join the thousand investors at the event you can gain 30% discount on your ticket by entering the code ADVFN30 when you purchase your ticket.
Posted at 19/12/2007 18:10 by doubleorquits
I'll buy you that pint one day - I know the area in which you live :0)

Then again the premium was disappointing.

I guess the answer as to why they did not join the FTSE SMX was to do with the fact that the company buying them are not listed and therefore MTI will be de-listed. Logical if I'd have thought about it - and logical that the bid was a done deal I suppose.
Posted at 12/12/2007 22:06 by rivaldo
DOQ, are you out there? Can you confirm what I see - which is that MTI hasn't been included in the FTSE Small Cap in this quarter's review, though they are an exclusion in the FTSE Fledgling Index?
Posted at 11/12/2007 20:40 by rivaldo
Indeed. Funny how VLK are left off the list of those being ejected - I assumed they were certs. Maybe just an omission.

Nice RNS from MTI tonight - another new institutional holder have joined the party, declaring themselves with 586,000 shares (just over 3%). Pressure is building methinks:
Posted at 11/12/2007 14:03 by rivaldo
And up again. It's been confirmed that MTI will be promoted to the FTSE Small Cap in this month's shake-up. Given MTI's apparent lack of available float I'm looking forward to what happens if those funds needing to buy shares try to acquire in size.
Posted at 28/11/2007 12:51 by rivaldo
Good volumes being traded again.

There's an excellent report on MTI new on the web site, dating from end of September - too long to paste, but here's the conclusion:



"Conclusions
• MTL's recent wave of acquisitions fit well into the company's business
model and should provide some significant long-term benefits and potential
for development of new products.
• The potential for synergy between MTL's recently acquired businesses
and its established business in surge protection, hazardous areas, and
open systems is great. Cross-developmental opportunities abound in
the areas of fieldbus, wireless communications, security, and safety."
Posted at 27/11/2007 10:31 by rivaldo
Ah....DOQ, ta for that, I hadn't noticed (a bit slow at the moment!). Given that MTI is pretty firmly held a FTSE Small Cap promotion could have quite an interesting effect on the share price :o))

Or of course it could just be that MTI is an excellent company likely to be acquired at some point. Which it is imo.
Posted at 19/11/2007 17:23 by henryatkin
That software sounds pretty usefull.

MTI has been purchsed by Robbie Burns on The Naked Trader website...he shares your sentiments on corporate activity. I took the liberty of posting your Byres Security link on the TNT thread....trust thats OK with you. Can't complain at nine up days and no down days in these markets. Turning into a nice momentum trade...wonder what happens if/when the markets turn up :-)
Posted at 19/11/2007 10:34 by rivaldo
Moving up again. Quality will out - following GYG's takeover today I suspect MTI are high on the corporate activity list too.
Posted at 05/10/2007 12:17 by rivaldo
A nice review out today on GCI - remember this is an ISAble stock:



"MTL Instruments – a safe bet - BUY
Companies: MTI
05/10/2007

In times of uncertainty it is worth considering companies that offer exposure to 'safe' sectors. MTL Instruments, a developer of safety devices that delivered robust numbers for the half to June despite US dollar headwinds, is one such business.

A sector that appears pretty safe at the moment is oil and gas exploration and production. The oil price recently nudged $80 (£39.50) per barrel and the fact that economies like China and India are demanding more as they develop means even higher prices cannot be ruled out in the future. Energy prices look set to remain high for quite some time and MTL Instruments should benefit.

MTL's appeal is that it designs and manufactures intrinsic safety systems used to prevent electrical surges and sparks in hazardous environments including chemical plants and oil and gas facilities. 'We estimate that more than 50 per cent of our total revenue is associated with the oil and gas industry,' says Bill Greenhalgh, MTL's finance director.

The company's recent interim results showed that during the half to June, MTL generated £24.7 million of revenues from 'hazardous area' applications – a 17.8 per cent increase on the first half of 2006. Meanwhile, the company reported a record order book for its hazardous area products and services, and has made acquisitions that are aimed at expanding its capabilities in the sector.

The MTL Open System Technologies (MOST) division, which manufactures and sells control platforms and devices (as well as reselling plant visualisation software) fared less well. Its first-half revenues declined 8.6 per cent to £9.6 million due to currency differences, affecting MTL's surge protection business (which supplies devices to protect equipment like mobile phone base stations from voltage surges).

Currency fluctuation has been an issue for MTL because more than 40 per cent of its sales are into the US, where the dollar has been weak over the past year. It is likely to continue to be an issue in the short to medium term.

MTL still managed to improve its total interim revenues six per cent to £43.9 million and at the end of June its order book stood at more than £45 million. Pre-tax profits sparked up from £3.6 million to £4.1 million, which translated into earnings per share of 14p (H1 2006: 12.6p) and allowed a ten per cent increase in the interim dividend to 3.2p.

Management expects the growth to continue in the second half, which means that the company should achieve the 31.8p of earnings that analysts are forecasting for the full 12 months. Arden Partners expects earnings to increase 17 per cent to 37.2p per share next year, leaving the stock trading at just below fair value in the short to medium term. Its exposure to the oil and gas sector, as demonstrated by the strong recent growth of its intrinsic safety for hazardous area business, should continue to benefit the company in the longer term. Buy."

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