Made Tech Share Discussion Threads

[parob] 05/1/2024 16:07

5M volume hit for the day and full ask of 13p to buy currently.

[dr biotech] 05/1/2024 15:58

It was a 2023 nap at 24p so I doubt many more would pile in. Their new year tips were fairly hopeless.. in fact their Jan edition last year was awful. Also tipped Lbg at 105[now 85) and SND at 60p(now 5p)ENSI at 90p (38). Main tip dotd dipped but recovered. Whilst it has given some great tips in the past, it’s recent record has been mixed. And I’m a subscriber..

[hamidahamida] 05/1/2024 15:56

Mind boggling how low the valuation has dropped considering company still growing no debt bucket loads of cash and now profitable

[parob] 05/1/2024 15:46

Made Tech haven't diluted (apart from a very small amount) since they floated in 2021 with a £180M MCap.See article here.https://www.morningstar.co.uk/uk/news/AN_1632746796317359000/in-brief-made-tech-aiming-for-gbp180-million-valuation-in-aim-float.aspxIN BRIEF: Made Tech aiming for GBP180 million valuation in AIM float

[aishah] 05/1/2024 15:41

Is SCSW pick MTEC as one of their 2024 NAPs then this could rise a lot further imo.

[parob] 05/1/2024 15:39

Already at a 6 month high, volume wise.

[parob] 05/1/2024 15:38

Less than 1 hour to go. Wonder if we hit 5M volume.

[kemche] 05/1/2024 14:55

A smidge more for me. Good volume.

[lawson27] 05/1/2024 12:55

Joined you for a few @12.3 for the recovery on this one. GLA

[parob] 05/1/2024 12:26

You can't ignore the volume, it will soon be 4M today alone. There are 149M shares in issue. Quite a few new accounts tweeting they've bought in today. I hope we're sat at 15p+ by the time the next trading update or interims come out.

[eagle eye] 05/1/2024 11:51

PSR very low and share price down 90% over the past 12 months.
Asymmetric risk/reward ratio looks attractive, especially with net cash.
A bit of buying and this could really motor IMHO.

[parob] 05/1/2024 11:03

Highest volume in 3 months and it's only 11am on a Friday.

[hamidahamida] 05/1/2024 10:32

#MTEC has stabilised the business and improved profitability materially in H2 2023.Has £8 million plus cash and Zero debt.FY24 Management focusing on generating more profits more cash.Remember Management owns 43.03% of the company

[parob] 05/1/2024 10:03

Exactly!Another 400K buy showing from earlier.Volume very good for a Friday.

[hamidahamida] 05/1/2024 09:58

Worth remembering that the #MTEC CEO bought GBP150k of shares at 17.14p in July.At nearly 28% ownership already he didn't need to do that.and then In November COO of the Company, purchased 310,000 shares at a price of 10.40 pence per Ordinary Share and took his ownership to approximately 14.50%. -:-CEO and COO both together permitted to acquire ordinary shares in the Company up to 43.04% of the Company's issued share capital (as agreed with the Takeover Panel).-:- Following the above purchases by the 2 guys they now own shares equivalent TO 43.03%. Just shy of 43.4% permitted limit. -:-Ask yourself WHY buy just before the close period to almost maximum allowed

[parob] 05/1/2024 09:39

Look at the volumes and consolidation that has taken place over the last couple of months. We really could be in for a strong recovery from here, just needs to get noticed imo. Other small caps have been recovering lately and this could be the next to make some decent moves. Looking forward to seeing the trading update and/or results later this month. EV is currently only about £10M.

[hamidahamida] 05/1/2024 09:35

Can't get a live quote for even 5000No stock available

[parob] 05/1/2024 09:21

400K buy now showing from earlier

[hamidahamida] 05/1/2024 08:58

MTECH One of only 11 suppliers to win a place on Lot 2b of the new Digital and Legacy Application Services framework ("DALAS"), which is expecting to spend GBP700m-800m until September 2027."An equal share of this delivers MTEC c. GBP72mover the next 3-4 years.MTEC already has 8 of the top 10 central government bodies as active clients.Organisations that spend billions on technology and change every year.In the meantime, MTEC has steadied the business. Has plenty of cash + zero debt.Already improved profitability substantially in H2 2023. Continuing in FY24. Won access to substantial further work. Invested in/delivered new higher margin IP and is AI intelligence active.

[chrisdgb] 05/1/2024 08:52

Would make sense and yet another micro cap can slip off the market......25p..?

[parob] 05/1/2024 08:50

1st Feb last year then half year results a few weeks later. This has formed a bottom over a two month period so it could start rising leading up to the results from here.Remember the directors maxed out and bought as many as they could without breaking concert rules ie over 43%! I've always thought a management buyout has a high likelihood.

[chrisdgb] 05/1/2024 08:34

May well get a trading update soon....

[parob] 04/1/2024 16:24

Lots of money sloshing around the small caps today. Good news here and some of it will be heading this way.AGL profits have been switching into the likes of RUA for eg.

[chrisdgb] 04/1/2024 16:20

Yep could be one of the shares of the year........

[parob] 04/1/2024 16:11

I have just added more whilst it's quiet.