Made Tech Share Discussion Threads

[skyracer] 06/9/2013 08:50

Earnings-enhancing acquisition from existing funds. Good. I would say worth 550p now, up from 510p.

[quepassa] 06/9/2013 07:33

Not familiar with Provanis but good to see Matchtech following their growth strategy with this modest acquisition which should help to bolster one of their core strategic niche recruitment areas.

Price doesn't look high in my opinion qiven the profitability of the acquisition company.

Link to Provanis:-



ALL IMO. DYOR.

QP

[battlebus2] 06/9/2013 07:21

Yes looks a good fit and the numbers from Provanis are also good imv.

[philo124] 06/9/2013 07:17

£4m Acquisition out of existing funds; looks good.

[quepassa] 03/9/2013 07:08

I have in the past mentioned expansionary Total Produce as another hidden gem on AIM.

Today's interims at Total Produce (LSE:TOT) make excellent reading.

Their Interim div has been increased by a stonking 7.5% on the back of burgeoning revenues.

Meanwhile at Matchtech, the company seemingly continues to outperform and its specialised recruitment services are undoubtedly in great demand.

ALL IMO. DYOR.

QP

[philo124] 13/8/2013 16:38

New closing high on the above chart.

[phoenix1234] 09/8/2013 11:20

Matchtech Group - full-year trading update, value in the staffing sector?

[valhamos] 08/8/2013 21:16

Thanks. The forecast PBT for year to 31 July 2013 is £9.8m. Worth bearing in mind that Matchtech achieved £12.8m in 2008 so still plenty to play for in terms of where we are in the economic/recruitment cycle.

[grahamburn] 08/8/2013 20:45

Brief update following today's announcement from Equity Development:

[philo124] 08/8/2013 18:41

Good thanks.

[quepassa] 08/8/2013 18:27

Broker NUMIS issues update today following news from Matchtech:-

REITERATES BUY RECOMMENDATION WITH NEW TARGET PRICE of 510pence ( up from 425p).

YES 510p.

ALL IMO> DYOR.

QP

[quepassa] 08/8/2013 07:31

Net Fee income up a very credible 7% from £36.1m to £38.5m year-on-year.

Extremely positive outlook from CEO, Adrian Gunn:

"We will continue to invest appropriately in the infrastructure to support the Group's ambitious growth plans. Our balanced business model and strong niche sector expertise give the Board confidence that the Group will continue to grow and take market share."

I like the words " Group's AMBITIOUS GROWTH PLANS" and "CONTINUE TO GROW AND TAKE MARKET SHARE".

Seems clear that the Board are intent on expanding the business.

The results will hopefully feed through to a healthy increase in final dividend when Prelims for the year are announced on 15th. October.

Well done, Matchtech.

ALL IMO. DYOR.

QP

[battlebus2] 08/8/2013 07:11

Excellent update :))

Since our last update on 11 April 2013, trading in the final 4 months of FY2013 has been encouraging, such that the Board now anticipates that the underlying profit for the year to 31 July 2013 will be slightly ahead of its previous expectations.

[quepassa] 01/8/2013 14:44

Interesting.

Demand continues unabated for specialist engineers. This time marine engineers.

ImarEST and Matchtech hold round table to be chaired by Rear Admiral Nigel Guild.

Demand for Matchtech specialist services would appear to be unquestionably very high.

White paper to be published in due course.




ALL IMO. DYOR.

QP

[philo124] 31/7/2013 23:45

Oh yes, must have been having my siesta, 520p target fwiw.

[battlebus2] 31/7/2013 22:25

Neck stretching a little more for £5 :)

[philo124] 31/7/2013 08:10

Might see initial break of £4.

[battlebus2] 30/7/2013 21:07

Stretching as we speak :))

[philo124] 30/7/2013 20:30

Sticking your neck out a bit there.;-)

[battlebus2] 29/7/2013 15:40

Could see £4 very soon.

[quepassa] 29/7/2013 15:22

Keith Lewis, MD of Matchtech tells The Independent that there are "2,500 vacancies on Matchtech's website, illustrating that the demand for highly qualified egineers is outstripping supply".

Full article refers




Excellent to see just how buoyant Matchtech's chosen sector is which should strongly support underlying business prospects for Matchtech.

ALL IMO. DYOR.

QP

[philo124] 22/7/2013 21:54

Through 380p.

[valhamos] 16/7/2013 08:48

Good to see renewed interest; had been treading water since April, and had been tempted to book profits at one stage but still coming through as a strong Zulu share.