Made Tech Share Discussion Threads

[sunshine today] 18/12/2023 10:52

It will be interesting to watch if this company can get back to the IPO price.

On the plus side they do not have an issue with sales or gross margin at 37%.

The three in the sector are going about things in a different way.

TPX and MTEC are going for growth in revenues but net margin has suffered as a result.

Both could come unstuck if more cash is required.

However if they can produce decent net profits , its game on.

TRD unlike those above has the advantage of being an SME, this is going to become far more important as the new procurement Bill comes into force next year. SME’S are going to have a distinct advantage V larger companies at the bidding stage. ( UK government pushing for innovation and is fed up being held over a barrel by the big players with incumbent IT platforms.

TRD is also doing the reverse of the two companies above, having spent the last five years dumping low margin work and reducing revenues. That process is now finished.

The jury is out on all three companies.

[parob] 18/12/2023 10:17

Some good points made by this poster too. Very surprised we are at this market cap if I'm honest. Can't see it lasting. It's obvious a large seller has dragged it down to this price imo.hTTps://x.com/oracleofireland/status/1734956532599595414?s=46&t=_ybVnpe01AP_F1Pw0JqKTg

[hamidahamida] 18/12/2023 09:12

Remember not long ago this company listed well over 1 quid and management pocketed millions They can take this company private and still have millions left over from the initial listing money

[parob] 18/12/2023 09:10

Yes, this thread by BBN on X is worth a read:hTTps://x.com/bigbitenow/status/1735604192004202594?s=46&t=_ybVnpe01AP_F1Pw0JqKTg

[hamidahamida] 18/12/2023 09:09

Could possibly be MBO as the director topped prior to close period to maximum allowed.One way or the other something is going to happen

[chrisdgb] 18/12/2023 09:04

We are probably due a trading update at some point.....

[parob] 18/12/2023 09:01

We have seen increased M&A activity in the tech sector and I think that will continue through 2024 whilst share prices are depressed. At this market cap of just £15M this is a sitting duck currently imo.

[hamidahamida] 18/12/2023 08:45

No stock available

[parob] 18/12/2023 08:32

Yeah there was a large sell on Friday, just under 600K shares from memory, so perhaps that's the final batch from the seller and this can start to recover now.

[chrisdgb] 15/12/2023 14:59

Yes hopefully this was the 'clearing' price, even an in line update should see a decent recovery start....

[hamidahamida] 15/12/2023 14:26

Nothing major available at 10p

[parob] 15/12/2023 12:59

Nibbling more here. MCap only £14M which seems very cheap; reassuring to see COO buy 310K shares mid Nov at 10.4p.

[parob] 14/12/2023 15:37

I've averaged down a touch to. Once it turns it should really shift imo.

[weaverbeever] 14/12/2023 13:48

I also bought a chunk 2 days ago. When's it going to pop?

[chrisdgb] 12/12/2023 15:42

Topped up..........

[fgump] 21/11/2023 15:05

Bought 100k at 11.05. Will add to this assuming the price doesn't run away. I like that management have serious skin in the game and a good amount of cash on the balance sheet.

[john09] 21/11/2023 05:45

Just a reminder to any SCSWatchers that theres a general thread created so we ca discuss all shares. No subscriber only info should be shared.

Please save the thread in your favourites and like it at the top of the thread so we can keep a tab on numbers. Up to 18 members at the last count 💪

[parob] 20/11/2023 09:25

Possibly looking at a cheap management buyout whilst the MCap is so low imo.

[aishah] 20/11/2023 09:06

Directors have skin in the game. Own over 40%. I agree with the risk/reward here. Cash 50% of MC.

[parob] 20/11/2023 08:38

Decided to average down following Director buy RNS on Friday as below. MCap just £16M. I personally think very good risk/reward at this level. 17 November 2023MADE TECH GROUP PLC("Made Tech" or the "Group")Director Share PurchaseMade Tech Group plc, a leading provider of digital, data and technology services to the UK public sector, announces that Chris Blackburn, Chief Operating Officer of the Company, purchased 310,000 ordinary shares in the Company ("Ordinary Shares") at a price of 10.40 pence per Ordinary Share.

[weaverbeever] 15/11/2023 13:25

Lot of sells and price drop today. Wounder why

[bobaxe1] 06/11/2023 14:31

Good contact win if true Was on my bottom drawer, so have taken a nibble 1k

[sphere25] 06/11/2023 11:10

Another contract that they are yet to rns?

Bizarrely a similar thing happened here last November. It looked like a contract leak, some posts followed in the forums, a massive influx of buys followed and then a news release came after with a £10m contract with the Home Office.

The price then spiked up so it provided a trading opportunity for those who bought before the release. This company has so much to prove, it is just too risky, but just keeping an eye open to see if any big buying does follow as this news spreads. It might provide a quick in and out.

Even if there is a little spike, I don't believe it will hold. The market will likely sell into it - that is just what it does right now. Is £6m enough to move the dial here? What is baked in?

Probably not, but it is still a positive for the company.

Let's see if anything big follows.

Usually a damp squib in this market.

All imo
DYOR

[ahhh luke warm] 06/11/2023 10:31

BMC, how do you access that contract award? Is it available subs or non subs on their website or app? Cheers ALW :-)