Made Tech Share Discussion Threads

[dr biotech] 28/2/2022 13:29

This was tipped a few months back in a well known tip sheet, I had a look but fortunately didn’t bite. Guess they are expanding but valuation still seems bloated.

Has to be said scsw is on a poor run. Also tipped seraphine which has absolutely cratered.

[tomboyb] 28/2/2022 11:50

There was always a good reason for the owners to sell 74M shares to the market at 122p at the IPO. What a coup for them. The brokers earned their money there.

£90mill for owners -

Quite a coup -

[sunshine today] 28/2/2022 10:04

Well done Bones

[john09] 28/2/2022 09:42

Dodged a bullet here

[sunshine today] 28/2/2022 08:57

No one here can say, the we’re not told .!!

[bones] 04/2/2022 21:59

Probably picked up the idea from this thread 😂

[sunshine today] 04/2/2022 15:00

MTEC


The Group expects to announce its Interim Results for the six-month period ended 30 November 2021 by the end of February 2022.

I should hope so, or their in a spot of trouble.!!

[pugugly] 04/2/2022 14:08

Have spoken to a contact in the Local Council IT area and while he thinks a very useful platform he feels that they may have a hard time kicking out the Legacy providers such as (Idox) a major player to many council. They (Idox) have apparently just bought a small cloud company called Tascomi who develop affordable cloud solutions of mmany of the legacy apps in question). So Councils can look like they are still buying a new product.

e&oe and of course DYOR.
I have not researched in detail myself (as not a digital expert - more like a dunce! But reached out to contacts in the sector.

[sphere25] 04/2/2022 12:44

Another big faller!

They keep on coming. Valuation reset galore out there!

Sometimes an SCSW tip can cause a short term pop higher, but I had a look at this on the tip and there were massive sellers in the market but folk absolutely piled in around that 122p mark.

Someone has capitulated at 90p in selling 410k and a few other blocks being lobbed at 94p. Hard one to trade this though, it could have another big leg down in a flash. Traders will have to be nimble if indeed they choose to have a go. If I saw a few monster blocks being mopped up, I would be more tempted but the bottom on alot of these fallers is clearly hard to call.

Out of the SCSW article, ADF was the one to look at imo - a fair few of us beat them to it. I suspect they will do a big write up on it tomorrow. They have already made readers aware that BMY will be tipped tomorrow and that a big write up on ADF is on its way.

Judging by the way they have rushed to bring forward tomorrows release, it might include ADF i.e. wanting their readers to be able to get in before a big price rise. However, this is speculation on my part as it could be the month after. I am already long, but tempted to nibble a few more before the weekend. If a write up does come, and it does deliver, it could really get that share going.

Again, speculation on my part. SCSW readers already know about this and will have positioned accordingly. They have had weeks to do so.

MTEC
2.3p earnings in 2022, 6.1p earnings in 2023, 8.7p in 2024

Due a quick oversold bounce but a seller in size at 95p atm.

Is it providing abit more value here?

Hmm....

Being selective in this market with one eye on Putin.

All imo
DYOR

[bones] 04/2/2022 11:28

Thanks Pugugly. Apt winter reference there!

[pugugly] 04/2/2022 11:18

Hi bones - A quick marker for you. Bid offer now 93/95 MCap £141M.
Downward momentum appears to be increasing.

Memo self:- All the glistens with SCWS tips maybe not be gold but the ice at the start of the bobsleigh course!!

[bones] 21/1/2022 17:20

I will look in again after 6 months, late April. Hopefully MTEC and TRD will have made some more progress.

[bones] 21/1/2022 17:03

Thanks Pugugly. Good to have someone comment on the MTEC fundamentals. I agree they look very expensive hence my November comparison exercise to compare it with what looked like an overlooked but very similar stock in the same sector, Triad.

As it has been three months since I started that comparison for my own reference, I’ll update it as of today (end of week closing prices):

Three months later from post #5

Then (as stated at the time so no hindsight):
Current share price of TRD = 107.5p, MCap £17M
Current share price of MTEC = 134.5p. MCap £199M

Now:
Current share price of TRD = 165p, MCap £26M (UP 53%)
Current share price of MTEC = 121p. MCap £179M (DOWN 10%)

Similar accounts, still a big disparity in market caps. I cannot tell the future but so far the thesis is playing out. Let’s see if MTEC can show some blow out numbers to justify its rating, or will TRD keep catching up?

[pugugly] 21/1/2022 11:29

Bones - Many thanks - Come to have a look as written up in SCSW but looks expensive.
2021 Revenue of £11m - Gross profit of £4.6m transated into LOSS of 781K

OK I note that for half year to 30th November management state that "Margins have remained in line with management expectations, with H1 Gross Margin at 39.1% (FY21 H1: 45.6%) and a return to profitability following the operational investments made in FY21"

Howevver significant reduction of 6% in margin and no quantification of period of profitability - ?? for the whole 6 month period or now profitability on a monthly basis.

To be on the kind side and assume unquantified bottom line profitability (if it was significant I would assume managemetn would have shouted about it) a market cap of £180M is (imo) very much on the high side. .

[pugugly] 21/1/2022 09:55

Can anyone remind me of the float price?

[john09] 21/1/2022 06:55

All you post about is TRD on here . do one

[sunshine today] 21/1/2022 06:54

No but both this and TRD are in the same sector.

This share came to the market after directors sold shed loads on admission.

TRD directors are doing the opposite, buying shares.

Now Made Tech may be a fantastic company, they do have a great track record, however are they worth ten times TRD ?

[john09] 21/1/2022 06:39

Is this the TRD Thread then

[sunshine today] 21/1/2022 06:28

TRD now roaring.

TRD :

RNS yesterday, 20th (after market close), Director buying.

That’s the 7th round of buying over the last two years.

Sector average rolling PE 40

TRD rolling PE 18.9

A re rate, just to the sector average, will double the share price, and more.

Never issued more shares in over 20 years

Pays dividends

Premium listed

Partnered with a British blockchain company. For Enterprise BAAS ( Blockchain as a service ).

5 Microsoft golds

Loaded with cash

Doubled permanent staff during COVID

[netcurtains] 19/1/2022 12:02

Hi,
I'm trying to draw up a list of quoted UK companies (AIM or FTSE) that are in the same REAL sector as Triad PLC.

So far I have:
TRIAD
KAINOS
MADE TECH

Are there one or two more (eg Software houses that create bespoke software solutions for third parties)?

Cheers Net...

[paleje] 07/1/2022 08:38

Re-tipped by Midas on Wednesday, the Mail usually stir a bit of interest, not so for now it seems

www.dailymail.co.uk/money/investing/article-10371181/MIDAS-SHARE-TIPS-2022-Tech-Medica-Hornby.html