Made Tech Share Discussion Threads

[parob] 21/12/2023 11:43

375K taken at 11p earlier. 250K delayed buy.

[parob] 21/12/2023 11:37

11.49p for small amounts now so hopefully a tick up soon. Bottom appears to have gone in just below 10p.

[parob] 21/12/2023 11:34

Tweet by BBNLooks like #MTEC has secured an uplift to an existing contract with the Department for Business and Trade.hTTps://x.com/bigbitenow/status/1737035670336459143?s=46&t=_ybVnpe01AP_F1Pw0JqKTg£3.1M according to the bidstats website and published 18th Dec

[parob] 19/12/2023 08:30

400K of buys to start the day.

[parob] 18/12/2023 11:27

I honestly think that the 510K sale on Friday was the last from the seller. Looks like the shackles are off now. Finally. As I mentioned before, very comforting that the COO recently bought the maximum amount of shares allowed, in order for the concert party (Chris Blackburn and Rory MacDonald) not to go over 43.04% as per 17/11/23 RNS:Following this purchase, Chris Blackburn's total beneficial interest in the Company is 21,650,861 Ordinary Shares representing approximately 14.50% of the Company's issued share capital.Further to the Company's announcement on 23 February 2023, Chris Blackburn and Rory MacDonald (together, the "Concert Party") are permitted to acquire ordinary shares in the Company such that the Concert Party's fully diluted shareholding does not exceed 43.04% of the Company's issued share capital (as agreed with the Takeover Panel). Following the above purchase, the Concert Party's fully diluted shareholding in the Company is 64,245,033 ordinary shares, equivalent to 43.03%.

[sunshine today] 18/12/2023 10:52

It will be interesting to watch if this company can get back to the IPO price.

On the plus side they do not have an issue with sales or gross margin at 37%.

The three in the sector are going about things in a different way.

TPX and MTEC are going for growth in revenues but net margin has suffered as a result.

Both could come unstuck if more cash is required.

However if they can produce decent net profits , its game on.

TRD unlike those above has the advantage of being an SME, this is going to become far more important as the new procurement Bill comes into force next year. SME’S are going to have a distinct advantage V larger companies at the bidding stage. ( UK government pushing for innovation and is fed up being held over a barrel by the big players with incumbent IT platforms.

TRD is also doing the reverse of the two companies above, having spent the last five years dumping low margin work and reducing revenues. That process is now finished.

The jury is out on all three companies.

[parob] 18/12/2023 10:17

Some good points made by this poster too. Very surprised we are at this market cap if I'm honest. Can't see it lasting. It's obvious a large seller has dragged it down to this price imo.hTTps://x.com/oracleofireland/status/1734956532599595414?s=46&t=_ybVnpe01AP_F1Pw0JqKTg

[hamidahamida] 18/12/2023 09:12

Remember not long ago this company listed well over 1 quid and management pocketed millions They can take this company private and still have millions left over from the initial listing money

[parob] 18/12/2023 09:10

Yes, this thread by BBN on X is worth a read:hTTps://x.com/bigbitenow/status/1735604192004202594?s=46&t=_ybVnpe01AP_F1Pw0JqKTg

[hamidahamida] 18/12/2023 09:09

Could possibly be MBO as the director topped prior to close period to maximum allowed.One way or the other something is going to happen

[chrisdgb] 18/12/2023 09:04

We are probably due a trading update at some point.....

[parob] 18/12/2023 09:01

We have seen increased M&A activity in the tech sector and I think that will continue through 2024 whilst share prices are depressed. At this market cap of just £15M this is a sitting duck currently imo.

[hamidahamida] 18/12/2023 08:45

No stock available

[parob] 18/12/2023 08:32

Yeah there was a large sell on Friday, just under 600K shares from memory, so perhaps that's the final batch from the seller and this can start to recover now.

[chrisdgb] 15/12/2023 14:59

Yes hopefully this was the 'clearing' price, even an in line update should see a decent recovery start....

[hamidahamida] 15/12/2023 14:26

Nothing major available at 10p

[parob] 15/12/2023 12:59

Nibbling more here. MCap only £14M which seems very cheap; reassuring to see COO buy 310K shares mid Nov at 10.4p.

[parob] 14/12/2023 15:37

I've averaged down a touch to. Once it turns it should really shift imo.

[weaverbeever] 14/12/2023 13:48

I also bought a chunk 2 days ago. When's it going to pop?

[chrisdgb] 12/12/2023 15:42

Topped up..........

[fgump] 21/11/2023 15:05

Bought 100k at 11.05. Will add to this assuming the price doesn't run away. I like that management have serious skin in the game and a good amount of cash on the balance sheet.

[john09] 21/11/2023 05:45

Just a reminder to any SCSWatchers that theres a general thread created so we ca discuss all shares. No subscriber only info should be shared.

Please save the thread in your favourites and like it at the top of the thread so we can keep a tab on numbers. Up to 18 members at the last count 💪

[parob] 20/11/2023 09:25

Possibly looking at a cheap management buyout whilst the MCap is so low imo.

[aishah] 20/11/2023 09:06

Directors have skin in the game. Own over 40%. I agree with the risk/reward here. Cash 50% of MC.