Made Tech Share Discussion Threads

[quepassa] 06/11/2012 08:28

Strong than expected results today from market-leader Adecco point to a bouyant market for Matchtech who are a more recruitment specialist firm.

ALL IMO. DYOR.

QP

[battlebus2] 02/11/2012 13:38

That late reported 6k sale knocked these back today, as you say probably wanted to avoid the dividend.

[battlebus2] 02/11/2012 12:41

Yep you can buy 5k for 249.5 plus get your 10.6p dividend :))

[quepassa] 02/11/2012 12:36

Agreed.

Also some marginal selling by some investors who prefer a capital gain rather than an ex-divi stock plus dividend.

Good time to accumulate.

All IMO. DYOR.

QP

[battlebus2] 02/11/2012 09:37

x divi for 10.6p or 6.22% for the year on the 7th next Wednesday. I think the mm's will slowly drop these to catch a few shares for themselves.

[quepassa] 25/10/2012 10:55

For those who haven't read it, the recent Edison research note following the preliminary results spells out the Matchtech proposition in good detail. The Edison note on Matchtech is titled:-

Right Place, right time.



Herewith link:-



ALL IMO. DYOR.
QP

[battlebus2] 25/10/2012 09:07

Well through the 250 barrier easily. With 6% dividend these have fabulous growth and income prospects imv.

[quepassa] 25/10/2012 09:05

The trick is finding the stock. Blocks of around 750 seem to go through ok electronically at the market offer price. More than that can be perhaps slightly challenging in a single purchase given how tightly held this stock is.



ALL IMO. DYOR.

QP

[battlebus2] 25/10/2012 08:36

Ticking up nicely :))

[quepassa] 25/10/2012 08:26

Link to Matchtech Group corporate website:-



QP

[quepassa] 22/10/2012 13:04

Agreed . The dividend of 6.5% is mouth-watering, especially for a profitable and mature but fast expanding business originally founded in 1984 which now has a turnover of £370million

My guess is that George Materna the founding non-exec Chairman and largest shareholder, owning alomost 34% of The Company,would like to see nothing other than the Company continue to pay or increase the current dividend.

With improving employment figures and a VERY STRONG demand for specialist engineers, the field in which Matchtech excels, the Company is very well placed to see great demand for its services in my view.

This Company is one of those unsung AIM-listed Companies ( due to the general current market indifference towards smaller companies ) which is off the radar but potentially a real gem waiting to be discovered.

ALL IMO. DYOR.

QP

[battlebus2] 18/10/2012 18:28

Certainly is and still paying a fabulous 6.5% dividend.

[quepassa] 18/10/2012 08:38

Significantly undervalued by the market in my view.

ALL IMO. DYOR.

QP

[battlebus2] 17/10/2012 19:38

Thanks Grahamburn, got to say Matchtech is the only one of the comparison companies i'd invest in.

[grahamburn] 17/10/2012 16:28

Well worth a read, battlebus2 (and others, of course, if you're studying this bulletin board/company!):

[battlebus2] 17/10/2012 08:24

This should continue upwards with the dividend of 10p only a couple of weeks away but long term they are certainly worth £3 imv, a p/e of 12 plus would be more appropriate.

[battlebus2] 15/10/2012 14:59

Decent volume again today and a slightly narrower spread.

[battlebus2] 14/10/2012 21:21

No you are right grahamburn it's seldom seen in PLC's. Also i find the results very shareholder friendly in terms of explanation etc and not full of waffle.

[grahamburn] 14/10/2012 20:15

Plus the company's long-term incentive rewards for directors/senior executives, as outlined last year, are closely aligned to shareholder value. OK that should automatically follow on from the framework outlined, but is not always a given in publicly-listed companies.

[battlebus2] 14/10/2012 19:50

Seems a decent business plan to me-
The Group's success has been built on a core strategy of attracting the best candidates. We believe that by finding strong candidates and making their interests central to our success, we will ensure that our clients are supplied with the right people, at the right time, for the right roles. By understanding the requirements of our clients and by knowing our candidates thoroughly, we deliver by being able to scan, screen, shortlist and present our candidates more effectively and quicker than our competitors.

We have now completed the first year of our 5 year business plan and have made encouraging progress against our 7 Key Aims, set out below, which are absolutely integral to the business and which provide the framework for delivering growth.

1. Expanding our sector diversification and geographical reach by building on our early successes and looking at opportunities to grow into new sectors and additional strategic locations within the UK.

2. Increasing the NFI we generate per employee by focusing on developing existing client relationships and winning new business outside the engineering sector.

3. Building our conversion ratio of NFI to profit from operations as our investments mature, continuing the Group's ability to generate high levels of return from NFI.

4. Enhancing internal systems performance and controls to deliver an even faster, more efficient and robust service to our clients and candidates.

5. Improving our staff retention levels by continuing to look at staff engagement and providing career opportunities. This is a key factor in determining how fast the Group can grow.

6. Maximising cross-selling opportunities across the Group by utilising the increasingly varied client base being created with our expanding brands.

7. Extending our international reach by developing a structured rollout of international opportunities.

[battlebus2] 12/10/2012 16:16

Seems to be going up on sells which is very encouraging :))

[battlebus2] 12/10/2012 13:07

Yes excellent results, directors buying again means confidence is good can only see these continue to around £3 if business levels continue at present rates and with a near 7% dividend what more could you want.

[cockney sparrow] 04/10/2012 07:40

Very good results.

[cockney sparrow] 18/9/2012 08:38

Looking like it's heading under 200p

[richandjanet] 01/2/2011 10:06

Long term uptrend still in place Dividend yield over 7%