Made Tech Share Discussion Threads

[brummy_git] 06/8/2015 08:49

Latest research update from Equity development

hxxp://www.equitydevelopment.co.uk/doc/1382.pdf

[battlebus2] 06/8/2015 08:00

The flat performance from NWKI doesn't inspire...

[speedsgh] 09/4/2015 11:44

New Equity Development research note...

Going Global -

[quepassa] 09/4/2015 09:33

Slightly uninspiring figures perhaps.

Personally not nearly as keen on the new CEO as the old one. The "flavour" of the Company, their announcements no longer seems the same. All rather wishy-washy in my view. Adrian Gunn was a great CEO. Straight-talking. I admired that. I am not convinced personally about Wilkinson.

Outlook rather tame. Integration worries for me. Share price has come off the boil.

As a niche UK specialist engineering recruiter MTEC was very interesting. As a more diversified specialised recruiter across Europe, less so for me. Euro-currency and Euro-land worries, bureaucracy and employment legislation are a big factor now.

MTEC did well for my portfolio and paid good dividends but the time has come to move on. Have today liquidated all my holdings, despite increase in dividend.

Good luck to all holders.

ALL IMO. DYOR.
QP

[quepassa] 23/3/2015 13:32

Excellent to see highly-regarded Old Mutual declaring such a noteworthy stake in AIM-listed MTEC with a holding of 4.2%.

ALL IMO. DYOR.
QP

[battlebus2] 23/3/2015 10:14

Yes all decent contracts.

[quepassa] 23/3/2015 09:54

Today's RNS deserves some real credit.

Many AIM companies use RNS's to give news of relatively small contract wins.

But to see an AIM-listed company announcing significant, competitive and long-term contracts with not one, but FOUR highly-regarded, important and well-known UK companies is astonishing.

MTEC have just announced contracts with:-

1. Southern Water
2. Mouchel Infrastructure Services
3. WSP Group
4. UK Power Networks.


These are important clients and would not award contracts without very careful consideration.

The recent acquisition of Networkers International perhaps focused investor attention temporarily away from the strength and profits of the core and underlying MTEC business. - However, a RNS such as this should fast help rectify this situation and perhaps the market will look again at the attractions and yield of this burgeoning AIM company.

ALL IMO. DYOR.
QP

[quepassa] 18/2/2015 16:53

Thanks.
QP

[battlebus2] 18/2/2015 16:31

Yes, as far as i know he always had around 8% so maybe just adjustments for the NWKI deal.

[quepassa] 18/2/2015 16:11

Thanks but RNS seems to show this as a new position as if he had no shares in MTEC before. - Do you know the history?

Is he now with Blueprint?

Thanks.

QP

[battlebus2] 18/2/2015 15:59

He used to be director here so has an interest.

[quepassa] 18/2/2015 15:49

Anyone know of Paul John Raine who has today acquired a stake of 7.45% in Matchtech.
Seems to be connected with Blueprint Recruitment?
A sizeable position for an individual.

Any info/clarification would be welcome.

Thanks.

ALL IMO. DYOR.
QP

[quepassa] 17/2/2015 09:32

In 2013, my personal Hidden Gem of the Year on AIM was Matchtech.
In 2014, Cenkos.

For 2015, my personal Hidden Gem(s) of the Year on AIM are Patisserie Valerie (CAKE) and Inspired Capital (INSC).


ALL IMO. DYOR.
QP

[quepassa] 13/2/2015 15:51

Well, that is encouraging to see a highly regarded institutional investor like Old Mutual declaring a 4.1% stake in expansionary Matchtech.

ALL IMO. DYOR.
QP

[bear of broxbourne] 06/2/2015 10:07

Here's a note I wrote about the recent trading up date and the Networkers International acquisition.

[speedsgh] 29/1/2015 11:33

Equity Development note...

Transformational acquisition of Networkers International -

[cwa1] 28/1/2015 12:56

Some comment from Paul Scott:-

[bscuit] 28/1/2015 12:31

But how exposed are they to the oil/gas downturn? NWKI Telecoms may help to spread the risk.

[battlebus2] 28/1/2015 09:28

I think it's a great deal for Matchtech as to me they bought NWKI on the cheap side.

[quepassa] 28/1/2015 09:12

Still working through it. Check the Networkers web-site and their half-year/full-year figures. Very informative.



At first blush looks positive.
A greater international presence/reach for specialist Matchtech is a compelling case.
Networkers has some high quality investors like Nigel Wray.
Sorry to see Gunn go who did a fantastic job for the company but if he was due to retire next year anyway, it is understandable.

Important for me:-
"
14. Dividends and dividend policy

The Matchtech Board intends to continue Matchtech's current progressive dividend policy and will decide the absolute level of any future dividends taking into account the Combined Group's underlying earnings, cash flows, capital investment plans and the prevailing market outlook. "



Always good to be invested in a growing and ambitious company. Unlikely to divest my holdings.


ALL IMO. DYOR.
QP

[battlebus2] 28/1/2015 09:00

Was a holder here before but it's good to come back as part of the Networkers deal

[valhamos] 28/1/2015 08:57

Update earlier than I thought (in line with expectations) because of the announcement of an acquisition. I need to look more at the financials (though it is expected to be earnings enhancing in first full financial year), but the business case looks compelling with Networkers giving the combined group a more international focus with greater presence in telecoms.

[valhamos] 27/1/2015 16:12

We should get a half year trading statement next week or early the following.

[nehpets81] 27/1/2015 15:52

Should we be concerned about the gradual deterioration of the share price here? I f anything news from MTEC's peers has been pretty good