Management Resource Solu... Share Discussion Threads

[bazildonbond] 29/1/2019 09:30

First one is a sell, 2nd 50/50, where do you get your info? If they were buys the price would be up, that's how it works! That's 26k's worth!!! 3 days from suspension (possibly) nerves are frayed mefinx!!!

[12bn] 29/1/2019 09:18

09:14:30 4.3990 261,423 O 4.3000 4.5000 Sell 387,553 2,581,868
09:08:24 4.3990 45,464 /////// These trades are buys not sells.

[12bn] 29/1/2019 09:16

Lanarkian - 24 Jan 2019 - 10:28:58 - 218 of 255 MRS p/e of 2,a bid soon? - MRS
I have only just come across this thread. I presume 12bn and SmuggyG are one and the same and is back to ramping this dead stock. I bow out and return to the relative sanity of the main thread.//////// Back again I see Lanarkian,just couldn't stay away. You have no credibility here with your constant moaning. Remember you bought in here BEFORE I did,that is your fault.We have a seller who is selling for his own reasons and it may be as simple as Bachmann wanting cash rather than shares for his company,nobody knows. It could be a trader selling MRS down to buy lower or even a predator wanting to buy MRS out,who knows? I suggest that you do what you claim that you will do and go over to the other thread and stay there.

[sm0ggyg] 29/1/2019 09:15

I agree Lanarkzy. 0.000000000012iq/smoggyg is a dishonest, duplicitous conman who works in a boiler room, and scams people, and cannot be trusted.

He is the black sheep of the upstanding Smoggy family.

[lanarkian] 29/1/2019 08:55

Oh dear. SmoggyG ramps this share (incidentally down again today as I type) on another thread then reverts to one of his other names, 12bn, to repeat this sad act on this new thread. If this stock was so good (as a result of these announcements), the selling would have stopped long ago and buying would be well under way. I get the impression that you, SmoggyG/12bn/other names no doubt, are just about the only person (who claims to be) buying hence the constant desperate ramping. I shall sit and wait on the off chance that the price doubles one sunny day and sell then. No more buying for me here.

[12bn] 29/1/2019 08:37

This company just gets better and better,sooner or later our seller will run out of shares and the share price will quickly climb to more justified levels. A p/e of 1.5 is silly for a company with growing earnings that is already making massive profits. Fundamentals will out here and I will keep accumulating and holding.

[seans66] 29/1/2019 08:14

The contract represents 10% of their current market cap. So therefore significant at this time.

[sm0ggyg] 29/1/2019 08:09

What sort of 2 bob outfit announces tiny contracts?

[thehitman1] 29/1/2019 08:06

Good news, another contract win.

[thehitman1] 29/1/2019 07:45

Hopefully, nomad news within next few days or a big stampede to get out before suspension.

[thehitman1] 29/1/2019 07:44

12bn=apfindley= TIT

[master rsi] 28/1/2019 17:45

From the "UPS" thread ..........

MRS 4.45p - 0.30p
On a downtrend and moving along the descending downtrend channel

Chart done at 11.20am today

[12bn] 28/1/2019 16:21

Yep that sounds likely apfindley,either way it won't be an issue soon. BB may be correct though when he says that there could be a lot of pent up demand waiting for the nomad issue to be rectified before piling in. Anyway I topped up today as I know that the MMs will raise the offer on any good news.

[apfindley] 28/1/2019 15:55

Regarding the nomad.... I've expected the likely result will be the same as AEG have posted this afternoon.."Active Energy, the London quoted international biomass based renewable energy and forestry management business, announces that pursuant to the proposed merger between share price Angel Corporate Finance LLP ("SP Angel") and Northland Capital Partners Ltd, it has appointed share price Angel as its Nominated Adviser and Joint Broker with immediate effect"

[12bn] 28/1/2019 15:10

Interims news on 28th Feb./////////RNS Number : 3724N

Management Resource Solutions PLC

17 January 2019

17 January 2019

Management Resource Solutions plc

("MRS PLC" or the "Company" or the "Group")

Half Year Trading Update and Full Year Guidance

Management Resource Solutions PLC (AIM: MRS), a leading Maintenance, Fabrication, Civil and Earthworks company, provides the following trading update for the six months ended 31 December 2018 and guidance for the full year to 30 June 2019 ("FY19").

The Group is pleased to report that it is trading in line with the Board's expectations for the current financial year. As a result, the Board expects to report Net Revenue for FY19 in the range of AUD$73.0m - $75.0m (FY18: AUD$69.1m) and EBITDA in the range of AUD$12.0m - $14m (FY18: AUD$12.3m). FY19 Net Profit before Tax is expected to be in the range of AUD$8.0m - $AUD9.0m (FY18: AUD$6.0m), which will generate an EPS of approximately 4.5c - 5.1c per share (converting to 2.6p / 3.0p per share at an AUD/GBP exchange rate of 1.7).

The Group's performance in the first six months of the financial year has been driven by strong demand for MRS' services in the resources and construction markets in Australia, continued investment in core profitable assets and rigorous cost management. There has also been a strong focus on growing operations in new markets with higher margins. The restructuring, review of assets and depreciation, and maximising of internal synergies will continue through FY19.

Management continues to work towards completion of the debt restructuring. This is progressing well and a further announcement will be made in due course. This will ensure MRS has the most efficient interest rates available and should contribute significantly to the strong FY19 profit performance.

The Group will announce Interim Results for the six months ended 31 December 2018 on 28 February 2019.

[12bn] 28/1/2019 15:04

Worth another posting.////////Management Resource Solutions (MRS) – Guidance confirmed
Michael TaylorJanuary 17, 2019 1:37 pm 0
I previously covered MRS here. The shares have come off a little bit since then, in part due to a big seller (latest share price 4.7p, market cap £9 million).

The company gave a half year update and full year earnings guidance today which the market has responded well to, as many were left wondering why no forward guidance had been given in the full year results a few weeks ago.

Earnings
The company expects to report revenue for FY 2019 of AUD $73 – 75 million, compared to last year’s turnover of $69.1 million. Last year’s EPS was missed due to slight dilution which went to management, employees, and contractors, and this year the company is putting numbers of 2.6p to 3p into the market.

Given the current mid-price of 4.7p, this means the company is trading below 2x earnings, and if earnings growth would continue into FY 2020, the forward P/E could be not far off from 1.

What’s the catch?
There are a couple of issues here to be wary of. The debt MRS carries is high with high interest too, and managing it is a priority:

“Management continues to work towards completion of the debt restructuring. This is progressing well and a further announcement will be made in due course. This will ensure MRS has the most efficient interest rates available and should contribute significantly to the strong FY19 profit performance.”

It is a common theme that many AIM companies promise everything and deliver nothing and so until this is complete I would expect many investors to be on the sidelines, waiting for investment case to be derisked further.

The Nomad situation is a potential problem, too. As Northland and share price Angel are merging, only one of the entities will be allowed to carry a Nominated Adviser license, and so share price Angel will take the licence. There are common directors with John Zorbas who is Chief Executive Officer of URU Metals, and also Non-executive Chairman of MRS. This is not allowed and so MRS is very close to appointing a new Nomad (according to Northland’s CEO).

Outlook
The outlook for MRS is positive, with revenues growing and margin growth expected. This is in part due to Bachmann Plant Hire’s growing specialist services and with the debt restructuring the business will be able to release more cash from its operations.

Investment has been seen in the business with the purchase of new equipment and with the company’s strong relationship with some of the world’s biggest mining companies this growth looks set to continue. A few years ago MRS looked finished and done for bust; this turnaround has been remarkable and whilst there is a seller around is available at a bargain price.

[12bn] 28/1/2019 14:43

The trouble with that plan BB is that when the news arrives the MMs will raise the offer price substantially,imo.

[biggest bill] 28/1/2019 13:46

I think that there is substantial pent-up demand for the shares which is waiting for news of the new nomad. If I was a new investor thinking of buying here, I would probably wait for the news too. Once that announcement is made, I expect a big re-rating.

[biggest bill] 28/1/2019 13:26

The nomad situation is stopping new investors from buying. That has certainly contributed to the share price fall.

[12bn] 28/1/2019 13:25

truffle128 Jan '19 - 08:26 - 231 of 237
0 0 0
Thehitman, you are no better than 12bn, you both ramp blindly. I am down 50% and not happy, all thanks to 12bn./////// I don't remember putting your arm up your back and forcing you to buy in here truffle. Stop being a silly little girl,you bought in on your own free will,it is your fault and nobody elses! I still think that the p/e here is far too low and the share price will bounce once the seller is finished playing games here,have patience and accept responsibility for your own actions.

[12bn] 28/1/2019 13:11

The nomad situation is a 'red herring',it is the persistant seller that has driven the share price down.

[cielos] 28/1/2019 13:00

Jagzoil

>>>> Jagzoil - 31 Dec 2018 11:46
Not a chance. NOMAD situation is nearly sorted, just like every other company, not many have announced new NOMAD.


4 weeks are gone and nothing yet sorted, get yourself sorted first

[cielos] 28/1/2019 12:25

Things don't look too good looking ahead, undervalued by the figures on directors update but Nomad delays and debt mountain is a problem at the moment, so waiting for a more clear picture before any purchase.