Metalrax Group Share Discussion Threads

[maltatrader] 13/1/2012 07:35

I agree Electonica............strong dollar should help too.

[electronica] 13/1/2012 07:30

MaltaTrader

My eye fell upon this as the key statement ...........

"Cash flow from operations continues to be positive and management has continued to make good progress in reducing net debt, which has consistently been lower than anticipated"

MRX has been in thrall to its bankers for too long. They appear to be finally getting rid of the controlling, blood sucking leeches. This can only be good. The appointment of a current executive as the new CFO also indicates that the banks are happy with MRX's progress.

[maltatrader] 13/1/2012 07:18

RNS out......

Main issue:

'With regards to the coming year, the well-publicised macro-economic uncertainty in many world economies is concerning. The Group has seen some weakening in forward order books but it is too early to say whether this is the start of a trend. However, management continues to focus on growth initiatives, margin improvement, overheads, working capital controls and prudent asset investment'

[charo] 14/12/2011 12:41

the ceo must be one of the most overpaid in the market.he earns more than the company profits.in a year where volumes have bounced back as their markets recovered.the remuneration committee should be sacked.
still i sold out at a breakeven during 2010 as had no faith in board.

[redips2] 30/9/2011 13:59

Good lord---someone buying! Keep it up :)

[ermerise] 20/9/2011 11:24

undisclosed buying

[hastings] 31/8/2011 13:12

Slow progress here, although to be fair, management appear to be doing all they can while operating in a very competative arena. I think they will pull it round over time, but nothing there to tempt me to rush out and buy today.

[pvb] 30/8/2011 12:57

Surely they aren't bad results, considering the environment_. OK they are not good, but things seem to be moving in the right direction at least. Let's hope it can be maintained.

[envirovision] 30/8/2011 11:30

Poor results considering, another clockney ramper share imo.

[yoyoy] 25/8/2011 21:24

If last year is anything to go by then Interims due c7th Sept. No update before then last year.

[redips2] 22/8/2011 10:27

Yes I think so-----trading down!

[lance corporal winstanley ash] 20/8/2011 13:43

is this co. still trading?

[lance corporal winstanley ash] 08/8/2011 18:54

can we have an update soon please?

[dmhzx] 25/7/2011 18:55

To those who accused me of being bearish: I'm not the only one who thinks the sale and leaseback deals were rubbish.
And to those who accused me of losing heavily on them: I'm now not far from making a profit. Having brought a few last week at 9.5.

I call things as I see them at the time. So take off your rose tinteds and think.

Just because these clowns are plc directors, doesn't mean that their brains are not up their bums.
Anyone remember the Kings New suit story??

I wish you all the best of luck, but please do think!!

[windass] 25/7/2011 10:58

Excellent report just out from GE&CR

[rampant debra] 17/7/2011 17:16

Come on Metalrax give us a few crumbs.

[rampant debra] 12/7/2011 15:40

MORE ACTION OVER THE LAST FEW DAYS. BUYERS IN BEFORE A HEALTHY 6 MONTH UPDATE

[redips2] 11/7/2011 13:36

Well well! so there is life out there after all.

[rampant debra] 07/7/2011 12:03

UK factories rebound after Royal Wedding slump

British manufacturing output rose at its fastest pace in over a year in May as factories ramped up output after a Royal Wedding-related drop in April.

The Office for National Statistics said that manufacturing output rose by 1.8pc in May, after a downwardly revised drop of 1.6pc in April. The growth beat forecasts for a 1pc rise and was the strongest showing since March 2010.

Industrial (Mexico: ST2000.MX - news) output, however, failed to fully recoup April's losses and the figures are unlikely to alter expectations that the Bank of England will leave interest rates at 0.5pc for some months to come.

The wider measure of industrial output rose by a below-forecast 0.9pc in May, making up only half of April's drop. A sharp fall in oil and gas production due to unplanned maintenance work was largely to blame.

Britain's manufacturing sector has provided a silver lining for the British economy, which otherwise appears to be struggling to gain momentum.

Ross Walker, analyst at RBS (LSE: RBS.L - news) , said, "The manufacturing production figures rebounded much more strongly than the market thought. That tells us more about the underlying state of demand and activity.

"The broader industrial production numbers matter more arithmetically for GDP, but the BoE will pay more attention to the factory numbers."

Surveys of services, manufacturing and construction this week suggest the economy grew just 0.3pc in the second quarter after a disappointing reading of 0.5pc in the first three months of the year.

Assessing the strength of the recovery has been complicated, however, by the extra public holiday for the Royal Wedding on April 29. In addition, many manufacturers have been hit by supply chain disruptions caused by Japan (NYSE: MCO - news) 's earthquake and Tsunami in March.

"The rise in May is likely to be affected by April being a weak month due to a number of one-off events," the ONS said.

The statistics office said the effects of the Japanese tsunami on UK manufacturing diminished in May. A number of car manufacturers indicated that sales were getting back towards normal levels.

[lance corporal winstanley ash] 07/7/2011 10:13

Nice 100k buy just gone through.

[rampant debra] 04/7/2011 08:59

Half yearly report has been released in September last 4 years. I expect it to be early this year as more than likely it will be positive judging by outstanding performance of streamlined business and increased order book 2h 2010.

[cockneyrebel] 03/7/2011 17:26

Beddard adding MRX to the Thrifty 30 was quite a positive move imo.

H1 period ended June 30 so perhaps a trading statement soon. The market's firming too - might be agood period for small cap penny shares in the coming months imo.

CR

[lance corporal winstanley ash] 03/7/2011 17:16

WESTON BODY HARDWARE




METALRAX STORAGE









PGLIFELINK

[lance corporal winstanley ash] 30/6/2011 15:13

Anyone know if we will get a half yearly trading statement?