Mdm Engin. Share Discussion Threads

[rcktmn] 23/1/2009 07:42

Grim isn't it !....this''ll slide further in the current climate (imho)

[timmbo] 23/1/2009 06:07

never ending this, thought 55p was a good start, now 42ish ! Ho hum ....

[hosede] 16/1/2009 18:07

And we'll be able to average down! - though not until it's pretty certainly past the bottom s far as I'm concerned

[timmbo] 14/1/2009 19:41

Rkctmn: thanks , one day mate we will be back above £2 . Think we've just been bashed with the Market . With a nice divi and making money and plenty of cash I think quality will coMe thru sooner or later

[rcktmn] 13/1/2009 20:42

Who knows ! but welcome aboard! I'm sure you'll see a profit from these levels. I just need it to get to £2.20 to break even !

[timmbo] 13/1/2009 20:26

joined the club yesterday, with a bit of luck around them bottom.

[rcktmn] 09/12/2008 09:51

This from y'day...looks good to me...

MDM ENGINEERING GROUP LIMITED
("MDM Engineering" or the "Group")
INTERIM RESULTS

MDM Engineering Group Limited (AIM:MDM) is pleased to announce its unaudited interim
results for the six months ended 30 September 2008.
MDM Engineering is an African-focused engineering and project management company which
provides a range of value added services to the
mining industry, including project evaluation, process engineering, design and project
management,.

Highlights

Financial
* Revenue of US$17.33 million (2007: US $4.47m)
* Gross profit of US$8.85 million (2007: US $2.80m)
* Profit before taxation of US$6.81 million (2007: US $2.24m)
* Cash and cash equivalents of US$13.76 million (2007: US $1.98m)
* Basic earnings per share of US 13.16 cents per share (2007: US 7.13 cents)
* Interim dividend of US 3.75 cents (2007 US 4.00 cents for the 16 month ended 31
March 2008)
* Strong balance sheet with no gearing
* Dividend cover of 3.47 times

Operational
* Project value under current execution at period end of US$210 million
* Continued focus on cost containment and improvement in operational efficiencies
* Software and systems upgraded to ensure state of the art engineering processes
* Carefully directed marketing and business development initiative resulting in a
number of new opportunities to expand the order
book in 2009

[rcktmn] 14/11/2008 17:07

stil, it's grim isn't it!

[hosede] 14/11/2008 13:22

Profit warning today - not surprising really - but still looks like being in profit - could have been much worse one feels

[napoleon 14th] 17/9/2008 13:18

Double post as well.

Contract news v. +ive; shareholder order, more if grades are good enough....

[napoleon 14th] 17/9/2008 13:18

Double bottom here?

Test comes at 160p.

[rcktmn] 09/9/2008 14:04

not been the same since being tipped in the shares mag a couple of months ago !
Ko'd....

[stegrego] 09/9/2008 10:41

What happened to post 113?

[simon gordon] 09/9/2008 10:40

This pup could be heading down to penny share status in the future.

[stegrego] 09/9/2008 10:27

I can see problems here if metal prices keep dropping.

Wont make projects viable to finance and finance is already scarce.

[whizzy1] 11/7/2008 11:17

IMHO I think fall is due to the rioting next door to S/Africa (Zimbabwe to the North) and political turmoil that could spill across the border, thats affecting an otherwise brilliant companys sp



Please note, just my op (a complete guess)
Whizz.

[rcktmn] 10/7/2008 08:09

typical, Ko'D after being tipped in the shares mag a couple of weeks ago !

[stegrego] 07/7/2008 17:08

Was waiting for the comeback, difference is, i havent been mentioning this in every other breath....

[cockneyrebel] 07/7/2008 14:51

Looks like it's you who has the kiss of death Stegrego imo - remember when you point a finger there's 3 pointing back at you.

CR

[bongo bwana] 06/7/2008 13:02

Im just back from hols and caught up with the June issue of SCSW and am excited by the tone SB's recommendation.

[czar] 28/6/2008 06:53

Numis initiate coverage with 290p target

[whizzy1] 27/6/2008 22:47

So true, im an impatient fkr, its hard work fighting the trend, roll on 12 months when we are spoilt for choice.
Good Luck.