Made Tech Share Discussion Threads

[kemche] 30/5/2024 09:04

Strong update from TPX.

[parob] 22/5/2024 10:19

And a 459K buy :)

[parob] 22/5/2024 10:11

I want to know who this continuous big buyer is. Another 400K buy this morning. Would not be surprised one bit to see a buyout here, possibly a MBO.

[aishah] 17/5/2024 10:49

Nice buying last couple of sessions. £7.8m cash, directors have skin in the game, mkt cap only £25m. Tempted to top up here. Dyor

[parob] 15/5/2024 10:26

Not far off breaking above one year highs.

[bmcollins] 09/5/2024 13:20

@BigBit
A really useful post, especially the research tree link, I found it thought provoking reading...

[aishah] 09/5/2024 12:58

@BigBiteNow
New broker initiation on #MTEC by H2Radnor with a very comprehensive and positive company review.

Initial target price 26p based on FY25 revenues of just £35.4m but £1.6m cash build that year.

Also talking up bolt-on acquisitions with their strong balance sheet.


Lengthy note on Research Tree -

Made Tech is a leading provider of digital, data, and technology services to the UK public sector. The Group was founded in 2008 by Rory MacDonald (CEO), who remains its main shareholder with 28% of the equity, and IPO’d in 2021. The Group is entirely exposed to the UK public sector and we believe this represents a large structural growth opportunity as the shift to digital services is likely to accelerate. Moreover, we believe Made Tech will continue to benefit from the transition away from UK public sector reliance on larger IT companies, especially in the wake of the Horizon scandal.

[parob] 08/5/2024 11:34

Been some big buys going through recently including a 350K buy just now.

[aishah] 08/5/2024 09:14

Chunky buys this morning. Mkt cap £23m with £7.88m cash.

[parob] 07/5/2024 18:28

Recovering well.

[aishah] 07/5/2024 09:10

Bidstats reporting some awards:

[parob] 01/5/2024 13:47

I still think this will be taken over by management. Perhaps the CFO knows it's coming.

[parob] 01/5/2024 13:31

It was the CFO. That's very good news! Made Tech Group plc, a leading provider of digital, data and technology services to the UK public sector, announces that Neil Elton, Chief Financial Officer of the Company, purchased 209,937 ordinary shares in the Company ("Ordinary Shares") at a price of 14.29 pence per Ordinary Share. Following this purchase, Neil Elton's total beneficial interest in the Company is 209,937 Ordinary Shares representing approximately 0.14% of the Company's issued share capital.

[stockhunters] 01/5/2024 13:00

well there is another 200k buy

someone mopping up

[bmcollins] 30/4/2024 16:05

@stockhunters
Massive trades ?
2 purchases of £14,500 each is hardly massive is it ?
Encouraging, granted, but massive?
Get a grip...

[stockhunters] 30/4/2024 15:26

massive buys going through

[aishah] 30/4/2024 10:51

@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

[parob] 28/4/2024 13:05

Made Tech mention in This Is Money on Friday:Made Tech, the supplier of data and technology services to the public sector, travelled to the top of the movers list with a 43 per cent share price gain. The group was awarded a new £19.5million contract with the Department for Levelling Up, Housing & Communities, thus continuing a strong five-year partnership with the government body.hTTps://www.thisismoney.co.uk/money/investing/article-13354097/SMALL-CAP-MOVERS-Filtronic-shares-skyrocket-following-SpaceX-deal.html

[parob] 26/4/2024 10:08

That could be it for the retrace.Let's hope that's the higher low going in and the start of a new uptrend.

[blackhorse23] 23/4/2024 12:12

Orgasm finished yesterday lol

[citys2874] 23/4/2024 09:31

buys outstripping sells now should turn blue fairly soon

[parob] 23/4/2024 09:24

More sellers shaken out by the volume of buys this morning. I still believe there's a fairly high probability that we see a management but out at some point. Hopefully at a significant premium.

[citys2874] 22/4/2024 20:41

good day up 56 percent and second top on the leaderboard risers....Happy Monday