Mpac Share Discussion Threads

[gswredland] 26/4/2024 11:08

Thanks foxman

[bigbigdave] 26/4/2024 08:07

26 April 2024

Mpac Group plc

("Mpac")



Award of £1.2m order for a 1.5MWh solid state battery assembly line



Mpac Group plc (AIM: MPAC), a global leader in engineering and automation providing assembly and packaging solutions, announces that it has received a £1.2m order to deliver a SiSTEM pilot battery assembly line secured by funding from the Automotive Transformation Fund (ATF), partnered with Ilika, Agratas and The UK Battery Industrialisation Centre ("UKBIC").



Mpac will work closely with Ilika plc and the UKBIC to design, build and commission a 1.5MWh solid state battery ('SSB') assembly line capable of delivering Ilika's Goliath SSB prototype large-format pouch cells to automotive OEMs and Tier 1 suppliers. The project now has the additional support of Agratas who will play a pivotal role using their manufacturing expertise to inform the design of the SSB stacking and assembly equipment and to identify additional processes to be incorporated into its standard Lithium-ion Batteries (LIB) line to enable the production of SSB's. This collaboration with UK institutions, battery innovators and high-volume manufacturers highlights the value that Mpac provides to the industry and further cements its ambitions within the sector. The SSB assembly line is expected to be fully operational at Ilika's facility by the end of Q2 2025.



This project provides further growth within the Clean Energy sector for Mpac, utilising its expertise in assembly across multiple market sectors to provide innovative solutions for battery cell manufacturing.



The ATF is a funding programme created to support large-scale industrialisation accessed through the Advanced Propulsion Centre (APC) and delivered in collaboration with the Department for Business and Trade (DBT) and Innovate UK. Up to £850 million of funding will be invested in developing a high-value end-to-end electrified automotive supply chain in the UK. The fund is highlighted as an important mechanism to reach targets in the UK Government's 10-Point Plan for a green industrial revolution and its Transport Decarbonisation Plan.

[backmarker] 18/4/2024 09:13

That's useful to know. Thanks

[foxman14] 17/4/2024 16:11

The last couple of years they have provided a brief trading update in an AGM statement. This years AGM is on May 15th.

[backmarker] 11/4/2024 11:12

If you look at the News section you will see that last year the H1 trading update was in July and the actual H1 results in September.It would be reasonable to expect similar timings this year.You may get additional RNS announcements if there are any major events, such as takeovers or major contracts. But MPAC does not appear to have a history of frequent newsflow.

[gswredland] 11/4/2024 08:12

Do we know when the next update is please guys?

[backmarker] 09/4/2024 09:35

Just a misfired wry comment.As I said before, I expect the share price to not do much for a while and would look to increase my holding ahead of the next results. In fact a small rise a few days ago triggered me into buying some more then in case the price does go up earlier than than I thought. After all I can't see any significant downside risk versus my expected 100 point upside by next results and 200 by the one after that.

[castleford tiger] 08/4/2024 18:43

Backmarker

Dips.?

[our haven] 08/4/2024 16:22

IMO no relation

[backmarker] 08/4/2024 16:15

MPAC dips on notice of AGM.

[markatkinson] 07/4/2024 09:31

Released this morning is an episode of Jeremy McKeown's 'In The Company of Mavericks' podcast where I had the pleasure of co-hosting a discussion with Adam Holland CEO of MPAC which is one of my long term core holdings. It was great to hear Adam’s story and his plans for the future -

hxxps://open.spotify.com/episode/1vyZWlSRlRGQHBJPFEtCIZ

[backmarker] 03/4/2024 10:41

MPAC appears to report every 6 months, so newsflow may be a bit thin in the next few months.I think this is an excellent company and will look to add once they start moving up again which I anticipate will be ahead of the next trading update.

[bwm2] 28/3/2024 19:46

Just listened to the presentation which sets out the 5 year objectives and how they are to be achieved...Importantly, this video left me with the belief that they can achieve them and so for me I won't be selling at the broker forecasts

[charlotte2020] 26/3/2024 17:03

Thank you very much indeed Tiger. Much appreciated.

[edmonda] 26/3/2024 12:18

Mpac Group - Investor Presentation (FY Results) - March 2024

Adam Holland (CEO) and Will Wilkins (Group Finance Director) of Mpac Group conducted an Investor Presentation covering their FY Results for the period ended 31 Dec 2023.

After a short video ("Innovation Unleashed"), management ran viewers through highlights of the period including strong financial performance, returning the Group to revenue and profit growth, and positive net cash. The team updated investors on progress towards strategic objectives and discussed the Group's ambitions, as well as providing a detailed financial review and answering questions in a wide-ranging Q&A session.

The full video is available below, divided into chapters:
0:00:03 Mpac corporate video ("Innovation Unleased")
0:06:49 About Mpac, including case studies (Adam Holland, CEO)
0:21:22 Financials (Will Wilkins, Group FD)
0:30:53 Ambition & Strategy
0:39:38 Summary & Outlook
0:40:35 Questions & Answers

Full video here:

[gswredland] 25/3/2024 11:44

Well they are cheap even at these levels
Have they been tipped in national press eg midas in mail?

[our haven] 25/3/2024 11:24

Agree CT, it's on the move again.

[castleford tiger] 25/3/2024 11:23

Looking like 500 very soon

[backmarker] 25/3/2024 09:11

Correction. VINO results were 1H, not EOY.

[backmarker] 25/3/2024 09:09

Off topic. I mentioned VINO a few weeks ago. As expected they came out this morning with a strong set of EOY Accts. Lots of cash. Lots of potential. Key thing will be how they can grow the business. Company Presentation on Thursday should amplify what we already know.

[charlotte2020] 23/3/2024 17:44

That's great. I'll find it I'm sure. Thanks for your help.

[castleford tiger] 23/3/2024 13:56

Equity development did it so they might have it.

It was said that it was being recorded so it will be on there and eventually on MPAC site.

Its 100% worth watching. I learned a great deal and i thought i knew the company well
tiger

[charlotte2020] 22/3/2024 17:21

Thank you CT. Is it on their corporate website?Kind regards