Manroy Share Discussion Threads

[battlebus2] 02/1/2013 17:22

Bit of a bonus we didn't fall today. 2013 got to be a better year and a long climb back up that chart. Can't see the Americans giving up their gun rights too easily.

[battlebus2] 11/12/2012 07:42

As close to ahead of expectations for 2013 as you can get :))

Manroy Plc ("Manroy" or the "Company"), the AIM quoted UK defence contractor, announces an update on its forward order book for the financial year ending 30 September 2013.

The order book and pipeline of Manroy for the current financial year are at record levels and negotiations are at an advanced stage in respect of significant orders, in addition to those previously announced. Accordingly, the Board remains confident that Manroy will at least match market expectations of revenues for the year ending 30 September 2013.

The achievement of market expectations is not reliant on the Company securing the GBP8.0m export order referred to in Manroy's announcement on 13 September 2012. Whilst the Board remains confident this order will be won, it is now expected to be awarded during 2013.

Glyn Bottomley, Chief Executive of Manroy, commented: "The Board is encouraged that the Manroy order book and pipeline remains strong and we look forward to announcing further positive contract wins in the near future. As substantial shareholders, the Directors all share in the frustration arising from the continued delay to the export order referred to above, but remain confident that this will be obtained."

Ends

[battlebus2] 30/11/2012 09:59

Buying continues this morning.

[honiton] 29/11/2012 19:41

ps are they still opposite orchid wood mushrooms and is the ladder on the side of the building (well it was when I last looked on google maps)!

[honiton] 29/11/2012 19:38

been following this one for a while. needs to be a catalyst for change. defence spending cuts and lack of scale do not make this share ccompelling. will wait until price hits 60p before investing.

[battlebus2] 29/11/2012 18:20

Could be a mid price matched trade imv not sells.

[temelco] 29/11/2012 18:10

.. and 100,0000 sells. But it's a big day's trade all the same.....

[battlebus2] 29/11/2012 17:03

117k worth of buys today after weeks of selling so a positive day.

[battlebus2] 23/11/2012 17:33

It's a 49% stake we have in Manroy USA so they must have a decent input. The placing was to leave Manroy USA trading cash positive for the year and when they get the correct approvals it will be used to fund the delivery of contracts. Directors took shares in the placing to so we will see if 2013 proves to be as fruitful as predicted.

[charo] 23/11/2012 16:36

america will either sink the company or make it.the chances are 50/50.The recent small placing for working capital set off alarm bells.The start up costs in usa are eating cash and this is not a subsidiary but associated company control outside manroy plc.

[battlebus2] 22/11/2012 12:42

There's the tick up ,very good start but long long way to go imv.

[battlebus2] 22/11/2012 09:04

Took a few of these at what appears to be a very low rating, time will tell i suppose but given deals profits for the year seem secure they should soon tick back up.

[battlebus2] 20/11/2012 19:33

What about the other large order??

[jimmy12345] 20/11/2012 19:27

hi temelco. im in here 6 months ago at 80p.

it reads great, rns great, contracts great and the BOD have stated we will be in good profits soon.

yet the share price drops? big drops on tiny volume.

the conclusion is this is so under the radar that selling 500 quid worth drops the share price 5%. this share needs some intrest.

until then hold tight and let the company do there stuff

[temelco] 20/11/2012 13:34

This has to be the most illogical shareprice ever. market cap £8.5m? It's nonsense

[jimmy12345] 14/11/2012 09:27

what a company.

£10 mill mcap and 2 trades only today of £4100 worth and the share price drops 8%, yesterday was same dropped 5% on same volume.


surely this can be manipulated easily at these swings on such low volume?

[jimmy12345] 09/11/2012 16:40

Great news today, and once again the price drops?The 4.1 million contract has recieved export clearance, and will be shipped in next few months. Tbis gives a good start to the new financial year. this share is going to multi bag soon, its so off the radar and undervalued. Hell we are selling guns to the usa amd uk millitary. Our share of manroy usa is worth double on its own what the share price is. Happy to hold till it multibags. Wont be long now.Best regards all holders

[jimmy12345] 02/11/2012 13:22

Its ohh so quiet. . . We are desperate for some news

[jimmy12345] 24/10/2012 22:15

ahh we have other holders? good to hear

[kinkell] 24/10/2012 21:51

Its just a question of awaiting news regarding the delayed orders.

[jimmy12345] 23/10/2012 17:42

manroy, so unloved.

anyone here?

[temelco] 17/4/2012 10:39

What a lovely RNS

[temelco] 05/4/2012 15:36

"Manroy has so far delivered on its strategy and I think is beginning to look an interesting prospect on a forecast
price-to-earnings ratio of 9 and dividend yield of 2.6%."
Thus says Motley Fool