Manroy Share Discussion Threads

[allstar_07] 30/5/2013 07:52

The 5m to musa after March, is that going to reduce the uks order book by 5m?

[deanowls1] 30/5/2013 07:25

No mention of the outstanding order from last year though, is this still on the table?

[shanklin] 30/5/2013 07:22

GHF

Quite curious that the selling of machine guns should be a seasonal business?

Cheers, Martin

[glasshalfull] 30/5/2013 07:19

H1 update confirms record order books which now stands at £24m - or £20m between UK & 49% portion of US businesses. The H2 weighting was well flagged (£14.5m revenues forecast) & it appears that they have now most of the building blocks in place to achieve 8p EPS forecast for the current year.

Management are meeting investors over the next few days and I'd hope for confirmation of full year forecasts later today.

Regards,
GHF

[temelco] 22/5/2013 11:10

And PS, Glyn Bottomley and Paul Carter are offering meetings to analysts etc via Allenby as well.

[temelco] 22/5/2013 11:08

Keep up, BB, Allenby says due 30th. I have to say, I don't think the stockmarket properly appreciates this co, as its business is by its very nature "lumpy" and not in any way a smooth path. I can't see that perception changing anytime soon ( unless something happens of course)so perhaps if you are concerned you might be better out....

[bookbroker] 22/5/2013 10:47

Someone like to enlighten me as to when this co. is supposed to issue half year statement, management pretty poor at keeping us minions informed about anything pretty much, why is not possible for them to state specifically on their website, mind you they are still advertising positions that were there three months ago, so PR not really their forte, perhaps they are simply too busy to notice, that'd be the day!

[bookbroker] 21/5/2013 16:16

Look forward to statement soon for int. results, these guys had better put a good spin on things, lots of talk about record order book and the like, so let's see a positive set of results, not expecting too much at this stage but we've been disappointed too many times before, management had better be straight about their forecasts, there's a good deal at stake if they are to maintain credibility!

[jimmy12345] 21/5/2013 13:15

The interms should be out on friday, very low volume still here, hopefully a good result should spark the share into life. Going by the positive contracts aquired and depending on how much is fufilled and paid for we should show a healthy profit, if not on friday then certainly in the full year results.

[jimmy12345] 16/5/2013 21:58

Interm results due in a couple of weeks, going to be very intresting. It will all depend on how much of the contracts have been filled. I suspect quite a muted result, however the full year will be extremly good indeed.

[speedsgh] 09/5/2013 10:30

From a pure TA viewpoint a nice uptrend has developed since Jan with the share price posting a succession of higher highs + higher lows. However the price did recently fail to break through the ceiling of the long-term downtrend in place since H1 2011. If we can break through that ceiling, we should hopefully be off to the races. RSI is looking oversold but MACD still currently falling.

Fundamentals are looking good. Interim results were on 25/5 last yr so not too long to wait for an update. Any positive news on the delayed US order + we can hopefully kiss goodbye to the longer term downtrend. Fingers crossed.

[thorne3] 02/5/2013 15:06

jimmy
The delayed order for £8m has not been received.It is however expected before long.The £7m plus order recently received is over and above the £8m order.

[jimmy12345] 30/4/2013 00:26

i expect us to show a decent profit this year, last year we never got the orders in, this yeaar we have. Without trawling back through the rns's i believe we got the delayed order in which was much anticipated and should see us into profit this year.

since last year there has been so far nothing but good news here

1. we bought out a supplier company bringing farmed out work in-house, im wonder what else this company does? do we now have customers for things other than arms?. i need to personally look into this company see what its all about and how it will affect the bottom line. Another thing i need to look at as if it was profitable before we bought it, or was it just a case of for security and access to manufacturing reasons bringing everything in house.

2. our oder book is greatly enhanced, im wondering if we just build to order, or we have goods from stock available to sell?, Do we build machine guns when we have no orders for them? if so then did we have a big laarge pile of guns allready built ready to send out to our customers?. What are the staff in the manufacturing plant doing if they are not manufacturing?, so im going to go with we have a big pile of guns all just waiting for customers, in which caase are we depleting the stockpile faster than we can manufacture, which would be good for short-term profit but perhaps not so good for future orders and speed of filling them. Have we took on a lot more staff?

3, we took great steps in being approved suppliers to usa military with manroy usa which we own 50% of. this also however makes me wonder how much exactly is manroy usa worth? going by the share price of manroy plc and our uk operation, not a heck of a lot for a company doing what it does with all these approvals. which to be honest is why i bought in here in the first place.


ive not heard to much about our other products, apparently we make turrets and gun mounts ect, are we selling much of these?, are we going to sell much of these?, are we going to manufacture other items.

[battlebus2] 29/4/2013 22:13

Couldn't agree more GHF, i can't understand why some are so impatient.

[bookbroker] 29/4/2013 12:14

There was never any chance of a bid unless from the US, the complexity of gaining acceptance from the US Dept. of Defence make that a practical impossibility, having said that I suppose nothing would surprise me these days.

[shanklin] 29/4/2013 12:12

When I write "delayed", I am comparing the situation to 2012 when the update was on 23-Apr and 2011 when it was on 01-Apr.

[cfro] 29/4/2013 12:12

In other words, do you want to be the MAN holding the gun, or the MAN facing the gun. :-)

[shanklin] 29/4/2013 12:09

Given the delayed trading statement and the share price falls of the last few days, I think the question is whether one wants to be:
- out of MAN looking in
- or holding MAN looking out.

[cfro] 29/4/2013 12:02

Dont panic Mr Bookbroker, dont panic !! :-)

Got to realise that the price was up 17% in one day just the other Monday on pure speculation that either there was a bid coming or further contract wins. This was due just to the fact that they had cancelled a Mello event.

With the absence of news these were bound to come back. Placing?....could be but somehow i perhaps dont think so.

[bookbroker] 29/4/2013 11:59

Beginning to sniff a profits warning here!

[bookbroker] 29/4/2013 11:46

Like to buy more but now sitting on significant loss from previous purchase a week or two back, definately holding back, mistrust over direction we're heading in!

[bookbroker] 29/4/2013 11:44

These falls trouble me, are there some financial issues that have arisen or been discovered within their books either here or in the US, difficulty gaining US accreditation or is this to do with a fund raising, either way the stock seems to have problems sustaining any positive momentum. In time we will see, but despite managements bullish remarks concerning orders we seem to be treading water at best. Where is the IMS with regard to the first half?

[shanklin] 29/4/2013 10:44

Having extended their bank facilities as per the RNS on 01-Mar-13, I would like to think they won't have need of a placing.