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MTEC Made Tech Group Plc

13.50
-1.00 (-6.90%)
Last Updated: 09:20:12
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Made Tech Group Plc LSE:MTEC London Ordinary Share GB00BLGYDT21 ORD GBP0.0005
  Price Change % Change Share Price Shares Traded Last Trade
  -1.00 -6.90% 13.50 1,280,286 09:20:12
Bid Price Offer Price High Price Low Price Open Price
13.00 14.00 14.00 12.75 14.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cmp Facilities Mgmt Service 40.25M -1.6M -0.0107 -12.62 20.15M
Last Trade Time Trade Type Trade Size Trade Price Currency
09:37:25 O 100,000 13.171 GBX

Made Tech (MTEC) Latest News

Made Tech (MTEC) Discussions and Chat

Made Tech Forums and Chat

Date Time Title Posts
23/4/202409:31Made Tech Group PLC664
16/11/202212:36Matchtech : Engineering Recruitment378
06/2/201510:07Looking for opportunities...-
20/8/200913:55MTEC - Engineers Are Hot Property110

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Made Tech (MTEC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:37:2613.17100,00013,171.00O
08:37:0913.30107,50014,292.13O
08:35:5613.308,5111,131.54O
08:32:0013.8520,8892,892.92O
08:24:4113.8850,0006,940.00O

Made Tech (MTEC) Top Chat Posts

Top Posts
Posted at 23/4/2024 09:20 by Made Tech Daily Update
Made Tech Group Plc is listed in the Cmp Facilities Mgmt Service sector of the London Stock Exchange with ticker MTEC. The last closing price for Made Tech was 14.50p.
Made Tech currently has 149,287,000 shares in issue. The market capitalisation of Made Tech is £20,153,745.
Made Tech has a price to earnings ratio (PE ratio) of -12.62.
This morning MTEC shares opened at 14p
Posted at 22/4/2024 14:15 by janet07
everyone had a good lunch.....this little gem is taking over digital government contracts and will see even more government contracts coming in could be a massive sales year for Made Tech.....will do wonders for the share price this massive win
Posted at 22/4/2024 08:45 by citys2874
Zico volume is massive today 15 times more than the daily average done in the first 15 minutes ....i am expecting a rise today in share price
Posted at 22/4/2024 08:36 by bones
The company habitually loses money and cash. Gaining new contracts is part of their basic business so you’d like to think this new contract will help with future cash flow but we are not advised what profit margin comes with it. I don’t see a game changer here but it should help stabilise things a bit.

As always with MTEC, check the cash flow statement when the results come out.
Posted at 22/4/2024 07:18 by aishah
That's a BIGGIE for MTEC. Mkt cap is only £14m!
Posted at 30/3/2024 09:20 by masurenguy
Richard Penny, of Crux Asset Management, shares his views on MTEC @55.35.
Posted at 16/1/2024 08:25 by parob
Haven't been able to find what the SCSW tip says but there's this from 21/12/23hTTps://blackswanshares.substack.com/p/3-microcaps-for-20243 microcaps for 2024MADE TECH GROUP (MTEC) MC £16 milThis is a mini KNOS, software co which specializes in digitisation projects for central and local UK government. The share price has been an absolute disaster since ipo. Again, this is another human capital intensive business which hired too many expensive employees at the top of the market and coupled with normalizing demand after covid, meant a tough, loss making period in which the ceo decided to shift focus on profitable growth by cutting costs, etc. The main positive with MTEC is the net cash position. It has c £8 mil net cash and this should be more than enough to support the transition to profitability without dilution. The main weakness is that these gov contracts are on a "call off basis" ie there are no defined time schedules so the timing of contract delivery it's entirely at the client's discretion. A few delays in timing caused poor staff utilisation rates which in turn impacted profitability but MTEC never lost a client and has a contracted backlog of c £67mil so it's a matter of when, not if. Once these contracts start, the operational gearing will have the opposite effect: super profits.
Posted at 07/1/2024 11:06 by parob
There's this from 21/12/23hTTps://blackswanshares.substack.com/p/3-microcaps-for-20243 microcaps for 2024MADE TECH GROUP (MTEC) MC £16 milThis is a mini KNOS, software co which specializes in digitisation projects for central and local UK government. The share price has been an absolute disaster since ipo. Again, this is another human capital intensive business which hired too many expensive employees at the top of the market and coupled with normalizing demand after covid, meant a tough, loss making period in which the ceo decided to shift focus on profitable growth by cutting costs, etc. The main positive with MTEC is the net cash position. It has c £8 mil net cash and this should be more than enough to support the transition to profitability without dilution. The main weakness is that these gov contracts are on a "call off basis" ie there are no defined time schedules so the timing of contract delivery it's entirely at the client's discretion. A few delays in timing caused poor staff utilisation rates which in turn impacted profitability but MTEC never lost a client and has a contracted backlog of c £67mil so it's a matter of when, not if. Once these contracts start, the operational gearing will have the opposite effect: super profits.
Posted at 07/1/2024 10:37 by masurenguy
Parob - this is a list of current major shareholders. It would appear that the applicable date was as at 23 December 23. This can be compared to the shareholdings on 25 August 2023 in my post #458 above.

Rory MacDonald: 28.53%
Chris Blackburn: 14.50%
Hargreaves Lansdown Asset Management: 6.17%
Stonehage Fleming: 5.46%
Sarasin & Partners: 5.38%
CRUX Asset Management: 5.18%
Luke Morton: 4.03%
Interactive Investor (Manchester): 3.26%
Highclere International Investors (London):3.10%
AIM Securities in Issue:149,287,059 shares

The responsibility for issuing any RNS relating to any above threshold share transaction rests entirely with MTEC not the investor. The rules require the investor to notify MTEC and then for MTEC to issue an RNS detailing the transaction and subsequent shareholding. Since the IPO in September 2021 MTEC have only released two RNS announcements relating to this - the Premier Miton 7% investment in October 2021 and the Crux Asset Management 5.05% investment last year. Therefore it has been MTEC who have not been abiding by the AIM disclosure rules rather than the applicable shareholders.
Posted at 05/1/2024 08:58 by hamidahamida
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.
Posted at 23/12/2023 13:14 by parob
hTTps://blackswanshares.substack.com/p/3-microcaps-for-20243 microcaps for 202421/12/23MADE TECH GROUP (MTEC) MC £16 This is a mini KNOS, software co which specializes in digitisation projects for central and local UK government. The share price has been an absolute disaster since ipo. Again, this is another human capital intensive business which hired too many expensive employees at the top of the market and coupled with normalizing demand after covid, meant a tough, loss making period in which the ceo decided to shift focus on profitable growth by cutting costs, etc. The main positive with MTEC is the net cash position. It has c £8 mil net cash and this should be more than enough to support the transition to profitability without dilution. The main weakness is that these gov contracts are on a "call off basis" ie there are no defined time schedules so the timing of contract delivery it's entirely at the client's discretion. A few delays in timing caused poor staff utilisation rates which in turn impacted profitability but MTEC never lost a client and has a contracted backlog of c £67mil so it's a matter of when, not if. Once these contracts start, the operational gearing will have the opposite effect: super profits.
Made Tech share price data is direct from the London Stock Exchange

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