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MTEC Made Tech Group Plc

22.75
4.25 (22.97%)
20 Nov 2024 - Closed
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
  4.25 22.97% 22.75 4,733,425 16:20:09
Bid Price Offer Price High Price Low Price Open Price
22.50 23.00 22.75 20.50 20.75
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cmp Facilities Mgmt Service 38.62M -2.45M -0.0164 -13.87 27.62M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:05:33 O 500,000 21.125 GBX

Made Tech (MTEC) Latest News (6)

Made Tech (MTEC) Discussions and Chat

Made Tech Forums and Chat

Date Time Title Posts
20/11/202413:49Made Tech Group PLC745
16/11/202212:36Matchtech : Engineering Recruitment378
06/2/201510:07Looking for opportunities...-
20/8/200912:55MTEC - Engineers Are Hot Property110

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Made Tech (MTEC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-11-20 17:15:0121.13500,000105,625.00O
2024-11-20 17:05:3322.75191,00043,452.50O
2024-11-20 16:32:5122.2523,0005,117.50O
2024-11-20 16:30:0123.0020,0004,600.00O
2024-11-20 16:20:0923.005,0001,150.00O

Made Tech (MTEC) Top Chat Posts

Top Posts
Posted at 20/11/2024 08:20 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 18.50p.
Made Tech currently has 149,287,000 shares in issue. The market capitalisation of Made Tech is £33,962,793.
Made Tech has a price to earnings ratio (PE ratio) of -13.87.
This morning MTEC shares opened at 20.75p
Posted at 20/11/2024 11:53 by hamidahamida
Worth remembering that the #MTEC -:-CEO and COO both together own 43.04% ordinary shares in the CompanySerious skin in the game Not sold a single share since listing instead bought more shares and maxed out to maximum they are allowed to buy by the AIM listing rules -:- Company is debt free and profitable with Growing cash pile well over 8 million -:-
Posted at 20/11/2024 11:38 by martinmc123
4*
Made Tech Group issued an encouraging AGM update this morning. The business has maintained its strong Q1 performance into Q2, achieving Sales Bookings in the year to date of £37.5 million which is already ahead of the £36.0 million bookings achieved for the whole of the prior year. This follows a robust revenue and Adjusted EBITDA performance in Q1 FY25. Management now anticipate that as a result of these encouraging sales bookings and ongoing delivery momentum, Group revenue for FY25 will be ahead of market expectations...from WealthOracle

wealthoracle.co.uk/detailed-result-full/MTEC/999
Posted at 18/11/2024 07:55 by hamidahamida
#MTEC CEO Rory Macdonald has joined techUK's new Growth Council which is,"supporting digital transformation and fostering collaboration between businesses, policymakers, and communities, tech will be a key pillar of the UK's future economic success."The UK budget had several hints about how efficiencies were going to be brought to bear on UK government departments.This is yet another signal as to that intention and Made Tech are directly involved.https://www.madetech.com/news/techuk-growth-council-rory-macdonald-appointed/
Posted at 16/9/2024 07:07 by aishah
Excellent news. Mkt cap only £23.7m on Friday close. Govt departments very much interested in #MTEC as a supplier. More to come imo.
Posted at 15/7/2024 09:47 by hamidahamida
As recently reported the company has stabilised the business and improved profitability. Over 7 plus million in cash and Zero debt. Interest Aligned Management with over 43% ownership of the company is focusing on generating more profits more cash with Elections out of the way things are now looking really good. Remembering #MTEC 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).-:- Both of these guys together own shares equivalent to 43.03%. Just shy of 43.4% permitted limit. Now that's what you call a proper skin in the game.
Posted at 09/7/2024 22:23 by thaiger
Share price up on no news?!?
Posted at 30/4/2024 09:51 by aishah
@SCSWSharewatch on X:

#MTEC Singer note, current 14p: "Made Tech has won a material expansion (worth £19.5m/2yrs) with Dept for Levelling Up. ..The market may consider that MTEC is starting to turn the corner. If achieved, one would expect MTEC’s valuation to drastically change." Singer's target: 22p
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.
Made Tech share price data is direct from the London Stock Exchange

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