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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Minorplanet | LSE:MPS | London | Ordinary Share | GB00B3W4T588 | ORD 20P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 6.00 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 6.00 | GBX |
Minorplanet Systems (MPS) Share Charts1 Year Minorplanet Systems Chart |
|
1 Month Minorplanet Systems Chart |
Intraday Minorplanet Systems Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 21/6/2010 | 10:56 | MPS to return to profit - Big recovery play | 1,082 |
| 29/4/2010 | 15:38 | MinorPlanet Systems, Telematics and why you should be scoffing up their shares!! | 22 |
| 22/4/2010 | 09:38 | POMMY COULD BE A SPY | 144 |
| 27/8/2009 | 21:10 | MinorPlanet Requires New Direction | - |
| 29/5/2009 | 21:48 | POLITICAL LEADERS FOR 911 TRUTH JUST LAUNCHED 6TH MARCH 2009 | 12 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 11/6/2010 18:43 by andre Hi mudbath.It's always nice to know that you are not talking to yourself - which to be honest I have thought I was many times over the years here. This has been a stock where few PI's have made money but previous management has made a killing in salaries etc. from a failing business which has been failing since it listed many years ago. The juxtaposition between talent and salary often displays a great chasm indeed. The end of MPS is effectively the end of tracking companies on the stock market. CYH gone private, EIT shamefully privatised by their management in a legalised scam. Now MPS died the death of 1000 cuts to the private investor. The bleed-out was long indeed. So much potential from so many companies turned into such a damp squib. The question is why? This is technology. It should be the future. The question is why did EIT, MPS, CYH et al all under-perform so greatly. Were the expectations too high? Maybe. Were the valuations too high? Definitely. Were the barriers to entry too low? Probably, in the end. But the end of tracking on the market does not indicate the end of technology or telematics itself here. It does show that in every gold rush there are crooks ready to take the unsuspecting (and fools who can easily be persuaded to part with their hard earned cash). And that bad business models even in good industries do not good businesses make. But I predict that the next phase will be those with better business models and management. Probably not vehicle tracking (although penetration of its potential remains seriously low). So watch out for telematics related companies in the future. Suppliers of shovels to the this market have done well privately as have the diversified and niche marketeers. I think the future is bright for technology, telematics and M2M (machine to machine) businesses. It's just a shame that what has transpired so far has not represented the potential or the future of these markets. Thieves, crooks and poor management saw this wave off. The next one however..... All IMHO of course. |
Posted at 10/6/2010 15:55 by andre And it is finally game over at MPS. Minorplanet Limited (UK branch and basically the only part that MPS ever had any obvious handle on, cost-wise) goes into administration. MPS2010 assumes all the assets including the IP. Digicore take a 25% stake in MPS2010 for £300K plus a £2.7M loan. They then install their finance guys in Leeds to keep a close eye for defaults on the many terms and conditions of the loan. Very shortly afterwards, Digicore recall the loan due to a default of the terms on the part of MPS (Digicore probably didn't actually let go of any of it anyway) - which explains the £3M value that they seemed to be attaching to the company when the market cap was £0.4M - they actually valued it at £0.3M. So they end up paying £0.3M and walking away with all of the shares in the UK company. Or maybe they don't even pay Terry back in which case the cost could be zero! What did small shareholders get out of this? You guessed it. And MPS? - left with loss making offshore business and no funds to keep it going. It is all over. The dog is finally dead. All IMHO. |
Posted at 29/5/2010 13:52 by watchout2 Spending some time on the Digicore website, makes interesting reading and what a result for Mps, they would be bonkers to pay them back, let them take the 30% stake which of course looks to certain to happen given Mps's history andcurrent trading. "Fleet management and vehicle tracking group DigiCore Holdings on Tuesday announced its acquisition a 25 percent shareholding in MPS 2010, a newly formed subsidiary of Minorplanet System, an AIM provider of fleet management systems and services in the UK. MPS 2010 recently acquired Minorplanet's UK business, certain assets from Minorplanet's UK subsidiary and all of its Intellectual Property Rights. DigiCore, through its wholly owned subsidiary in the Netherlands DigiCore International Holdings BV, holds the 25 percent interest in MPS 2010. MPS 2010 has been funded by a shareholders loan of £3 million from DigiCore International Holdings BV, which includes £0.3 million provided for initial working capital. DigiCore's involvement in MPS 2010 is expected to bring wider commercial benefits to both businesses across all geographies, by combining the strengths of Minorplanet in the UK SME market, with its customer service and software competence, together with DigiCore's commercial presence and established position in the corporate market in the UK. Chief executive of DigiCore, Nick Vlok said: "Minorplanet is a long established business within the telematics sector with considerable experience and expertise." "We trust this is the start of a relationship that we can develop further for our mutual commercial benefit by taking advantage of growing demand for tracking solutions in the UK and mainland Europe." - I-Net Bridge" |
Posted at 21/5/2010 07:06 by cliley454 Minorplanet MPS. Market cap £400kIn the history of stock market failures that are still clinging to life, MPS must take top prize by far. Now just 6p, they were around 300p five years ago and have had at least one consolidation that I can recall. That was a 1 for 20 which equates to a drop from £60 to 6p. £1000 invested 5 years ago would leave you with the princely sum of just £1. So how have they managed to last so long? Well the business they have is quite good in every other aspect apart from financials. They have a highly valuable, cost saving Product with some very interesting Intellectual Property Rights. They have previously been profitable but with the current financial climate it looked as though they had finally reached the end of the road when they announced in April that the tax man was winding up their main subsidiary due to a £2m unpaid tax bill. Then on Friday evening, after hours, so totally missed by the market, they announced a deal. Whereby a newly formed subsidiary of Minorplanet had acquired out of administration the UK business and certain assets for a total of £3m. The money coming from DigiCore, an on the ball South African company. In the same line of business as MPS but on a much larger scale. So after taking away all of the waffle, the deal is DigiCore loan MPS the £3m which MPS must pay back by November. If they can't pay it back (how could they?) then the loan is converted into MPS stock at 12p a share and DigiCore end up with at least 30% of MPS. These are valued to go bust at just £400k. However they now have funding for the immediate future. The support of a larger player in their field, which will bring wider commercial benefits. Also the mention of DigiCore ending up with more than 30% of MPS is significant I believe, as above 29.9% and they have to make an offer for the company. Reading between the line it looks like DigiCore are wanting to reverse into MPS for the UK listing,. Regardless MPS must have impressed to get DigiCore to hand over £3m and it values MPS at double todays share price at the very least. All imho. |
Posted at 25/9/2009 07:33 by cliley454 MPSPrice: 28p Market cap £1.8m Judging from the chart one would think that the chance of picking up a MPS bargain had passed, but with a little research the truth is revealed. In fact they completed a 1 for 20 share consolidation at the start of September, which means today's share price of just 26.5p equates to around 1.3p in old money. Along with the consolidation came a fund raising at 1.5p (30p) which raised around £1.8m cash. Prior to announcing the fund raising MPS looked down and out and with the threat of administration or delisting were priced accordingly at 3p (60p). Their problems also included litigation against MPS of EUR1.2m, which has recently been resolved. They now have the necessary funds to take the business through and out of the recession but the share price has more than halved since? Crazy! Lets look at the business. Firstly they are safe now from the receivers and delisting isn't an option with all of the newly issued stock. They have realigned strategy to focus more on the larger corporate market and licensing of their software to other hardware providers. This is a massive company with over 270 employees and an expected turnover of £20m this year. Last years results showed a profit of £1.5m and a return to anywhere near this would make these a 10 bagger. Here's the company website for further research. Interestingly their nearest competitor, CYH is valued at over £10m. Short term price target: 90p 12 month target: £3.00p |
Posted at 24/9/2009 07:30 by cliley454 MPSPrice: 27.5p Market cap £1.8m Judging from the chart one would think that the chance of picking up a MPS bargain had passed, but with a little research the truth is revealed. In fact they completed a 1 for 20 share consolidation at the start of September, which means today's share price of just 26.5p equates to around 1.3p in old money. Along with the consolidation came a fund raising at 1.5p (30p) which raised around £1.8m cash. Prior to announcing the fund raising MPS looked down and out and with the threat of administration or delisting were priced accordingly at 3p (60p). Their problems also included litigation against MPS of EUR1.2m, which has recently been resolved. They now have the necessary funds to take the business through and out of the recession but the share price has more than halved since? Crazy! Lets look at the business. Firstly they are safe now from the receivers and delisting isn't an option with all of the newly issued stock. They have realigned strategy to focus more on the larger corporate market and licensing of their software to other hardware providers. This is a massive company with over 270 employees and an expected turnover of £20m this year. Last years results showed a profit of £1.5m and a return to anywhere near this would make these a 10 bagger. Here's the company website for further research. Interestingly their nearest competitor, CYH is valued at over £10m. Short term price target: 90p 12 month target: £3.00p |
Posted at 22/9/2009 07:22 by cliley454 MPSPrice: 27p Market cap £1.7m Judging from the chart one would think that the chance of picking up a MPS bargain had passed, but with a little research the truth is revealed. In fact they completed a 1 for 20 share consolidation at the start of September, which means today's share price of just 26.5p equates to around 1.3p in old money. Along with the consolidation came a fund raising at 1.5p (30p) which raised around £1.8m cash. Prior to announcing the fund raising MPS looked down and out and with the threat of administration or delisting were priced accordingly at 3p (60p). Their problems also included litigation against MPS of EUR1.2m, which has recently been resolved. They now have the necessary funds to take the business through and out of the recession but the share price has more than halved since? Crazy! Lets look at the business. Firstly they are safe now from the receivers and delisting isn't an option with all of the newly issued stock. They have realigned strategy to focus more on the larger corporate market and licensing of their software to other hardware providers. This is a massive company with over 270 employees and an expected turnover of £20m this year. Last years results showed a profit of £1.5m and a return to anywhere near this would make these a 10 bagger. Here's the company website for further research. Interestingly their nearest competitor, CYH is valued at over £10m. Short term price target: 90p 12 month target: £3.00p |
Posted at 19/9/2009 11:09 by cliley454 MPSPrice: 26.5p Market cap £1.7m Judging from the chart one would think that the chance of picking up a MPS bargain had passed, but with a little research the truth is revealed. In fact they completed a 1 for 20 share consolidation at the start of September, which means today's share price of just 26.5p equates to around 1.3p in old money. Along with the consolidation came a fund raising at 1.5p (30p) which raised around £1.8m cash. Prior to announcing the fund raising MPS looked down and out and with the threat of administration or delisting were priced accordingly at 3p (60p). Their problems also included litigation against MPS of EUR1.2m. This has now been resolved. They now have the necessary funds to take the business through and out of the recession but the share price has more than halved since? Crazy! Lets look at the business. Firstly they are safe now from the receivers and delisting isn't an option with all of the newly issued stock. They have realigned strategy to focus more on the larger corporate market and licensing of their software to other hardware providers. This is a massive company with over 270 employees and an expected turnover of £20m this year. Last years results showed a profit of £1.5m and a return to anywhere near this would make these a 10 bagger. Here's the company website for further research. Interestingly their nearest competitor, CYH is valued at over £10m. Short term price target: 90p 12 month target: £3.00p |
Posted at 25/2/2009 23:24 by andre Lucky sold out his Cybit shares shortly after telling everyone that he would never let any go. You make your own bed when it comes to your reputation. TracyLied deramped CYH stating 8p as the target. Though massively slated and 'simplistic' in his posts..... he is closer than anyone to a price prediction right now. Sad but true. I don't see MPS share price ever crossing CYH's but hey, even fools are proven to be right occasionally - if for completely the wrong reasons! CYH has invested in growth for the future and purchased companies for very little cash. MPS have never recovered from early critical mismanagement years ago. I don't and wouldn't buy either in this market - but then, I currently hold nothing anyway, so make of my opinion what you will. I do work in an associated industry and know the market and products quite well because of it. There is nothing wrong with the market and buyers are still there for the right products to save them money and make then more efficient. Too many people listening to the daily news doesn't help public perception. Good luck to all who hold either or both. |
Posted at 25/2/2009 17:19 by iantc lucky punter - 5 Dec'08 - 10:57 - 794 of 818It is only good news if the staff are not required but you have to ask the question, why have them in the first place. MPS are in serious decline and it is only a matter of time before they need finacing and it will just not be available. i see luckys beloved cyh is doing its best to catch the mps share price ,after all this time it would be funny to see the 2 share price cross as mps goes up and cyh falls .i dont hold any shares in mps or cyh but thought lp was a bit over the top in deramping mps only to blow cyh trumpet on the mps board . |
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