Share Name Share Symbol Market Type Share ISIN Share Description
Mti Wireless Edge LSE:MWE London Ordinary Share IL0010958762 ORD ILS0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 28.75p 28.00p 29.50p 28.75p 28.75p 28.75p 663 07:34:36
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 18.8 1.0 1.5 21.0 15.42

MTI Wireless Edge Share Discussion Threads

Showing 2351 to 2375 of 2375 messages
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DateSubjectAuthorDiscuss
13/11/2017
09:04
And so we now have a new contract announcement today, which gives the other side of the coin to the "negative" update of just prior to the recent results. You will remember that they took more costs on the military contract in the third quarter than expected. This pushed the antennae división into a slight loss for the 90 days; and the share price dropped in a classic market over-reaction to this "news". They've now won another large contract from the same military client. In the last quarter, they're going to recognise more of the revenue of the original contract and follow up contracts from the same customer. The guidance is absolutely clear, the $2m of contracts with this new client are highly likely to be followed over the next few years by others of a higher value.
cjohn
09/11/2017
10:02
So the 3rd quarter update merely confirms the recent "negative" trading update. The 3rd quarter was just in profit with eps and PBT up slightly on the half year. Prospects look very good, and cash generation is likely to be strong for the rest of the year, given the increase in receivables and subsequent orders. For the quarter, net cash was up half a million to $5.35m. Tangible asset backing is at 27.9p per share. (Slightly down from the half year, because of the decline in the dollar v pound.) All-in-all, this share is still very cheap.
cjohn
25/10/2017
16:49
The "lumpiness" is largely an artefact of quarterly reporting. As indeed is the "unpredictability". Yes, you're dead right, on a three monthly view, the antennae división, with its occasional "large" projects, like the military one mentioned, is going to be unpredictable. Turnover in the first half was $6.5m in the antennae división; so $3.25m per quarter on average; profit for the first half was $175k . So $87k for the quarter on average. So $90k costs - let's say - taken in the quarter on a new project that comes to fruition later could push the división into a loss for the quarter. . If these were reporting on a 6-mothly basis, I don't think there would have needed to have been an announcement. After all, we are told that full year results will be only slightly below market expectations. (No surprise there given the sums at stake!) Principally, for me, it's been an opportunity to buy back a few of the shares I off-loaded in the mid-30s. A classic market over-reaction.
cjohn
25/10/2017
14:05
Looking like a bit of a leaky ship here, seems from the share price movements someone knew this a few days ago.
owenski
25/10/2017
13:00
Thanks DAB26, I should've been wary about a seeming 'bargain'! A shame as MWE had been making steady quarterly progress but as you say the antenna business seems lumpy, unpredictable and often....not even profitable. Military antenna projects should have really chunky margins. Looks like MWE should really be charging more if costs can catch up on them so easily!
gb904150
25/10/2017
11:49
Unlucky timing GB904150, but we've all done it. Very frustrating for longer-term holders how lumpy the antenna division seems capable of being. That said, the announcement indicates that profitability for the current year will be 'slightly' lower than market expectations. Sharelockholmes has a forecast of EPS growth of 50% for 2017, so slightly less than that would still be pretty solid. Had been considering a top-up but was a little concerned about the possibility of a statement such as this. Might let the dust settle first now, but these look pretty good value at the post-announcement level to me. Best, DAB
dab26
25/10/2017
08:37
Well, you can now buy back at the same price as before the very decent set of H1 results were announced. That same set of results that spiked the share price to 37.5p.
gb904150
06/9/2017
09:59
I notice the UK based asset manager Miton group plc have picked up 6% of the shares.
cjohn
23/8/2017
16:25
Added some more at 30.8p earlier. Seemed a decent opportunity to increase my stake as it's a tricky stock to pick up in any kind of size usually. :-)
hezza123
23/8/2017
15:01
Yeah big drop on director that never held any in the past selling £20k worth (net of option cost) seems overdone.
dangersimpson2
23/8/2017
14:30
So have I. He (the seller) is not even a board director merely a PDMR i.e. senior management
foxman14
23/8/2017
14:18
Just added a few more. Director exercising options has caused drop
muffster
14/8/2017
14:37
Good afternoon BB, I wasn't being anywhere near so nuanced I'm afraid. My thinking ran no deeper than that a Sunday mention would probably have a nice impact on a small cap stock that surely runs under most folks' radar. Thanks for the clarification though. It sounds then as though "Midas' is the more senior tip from the Mail on Sunday? Perhaps one day... ;) Thanks again, DB
dab26
14/8/2017
08:32
Does anyone know if techinvest has featured this lately?
wantage
14/8/2017
07:16
Cracking open.
3rd eye
14/8/2017
06:29
HI Dab26, sorry but it was their share punt of the week and not the Midas Sunday tip but none the less good press coverage.
battlebus2
14/8/2017
00:20
Thanks BB - hadn't seen that.A Sunday share tip...oh my. It will be interesting to see the reaction in Monday's trading.
dab26
13/8/2017
17:30
MWE MTI Wireless Edge............ chart shows a steep rise on increasing buy volume. Trades on a P/E of 15, the sector average being around 33. Looks very under valued. Should be plenty of growth here despite the general gloomy market conditions due to the geo problems between the US and North korea. Below is just a summary of recent bullish developments. MTI Wireless Edge company news MTI Wireless wins $1m contract Wednesday 09 Aug 2017 09:23 MTI Wireless bullish on future growth Tuesday 08 Aug 2017 07:55 FLASH: MTI Wireless profits up three-fold Tuesday 08 Aug 2017 07:15 MWE notes major expansion into the Chinese market Monday 19 Jun 2017 07:30
3rd eye
13/8/2017
15:51
It was also tipped by This Is Money as share punt of the week hTTp://www.thisismoney.co.uk/money/investing/article-4782892/SHARE-PUNT-WEEK-MTI-Wireless-Edge.html
battlebus2
13/8/2017
14:24
This analyst thinks tech stocks will continue growing faster than the rest of the market Tech stocks will continue outpacing the rest of the market, an analyst told CNBC. Despite some investors pulling out of tech, Mike Bailey of FBB Capital Partners said they would soon return. Ryan Browne | @Ryan_Browne_ Published 7:19 AM ET Fri, 11 Aug 2017 | Updated 8:56 AM ET Fri, 11 Aug 2017 https://www.cnbc.com/2017/08/11/tech-stocks-will-continue-to-grow-faster-than-rest-of-market.html
3rd eye
13/8/2017
10:27
MWE MT Wireless Edge LTD..........SP more or less gone up in a vertical line since 2nd Qtr results on the 8th August. Looks to be a lot of growth in this stock. From the results statement..... "During the first half of 2017, we have continued to see growth in both segments of our business. In our wireless controller segment, via Mottech, we continue to see opportunities in various geographical areas, some of which we announced recently including in China, where we see traction from various sectors and territories. In the antenna segment we had a very good first half, in both the broadband access and RFID product lines, whilst in the military division we had good bookings and a good pipeline of opportunities, which provides us greater visibility of longer-term revenues. Given the current performance, order book and pipeline of opportunities in the antenna segment, we strongly believe that our growth will continue in 2017 and beyond."
3rd eye
12/8/2017
10:44
So 40 p on the cards this year?
049balt
11/8/2017
07:59
Hi GB904150, I'd expect profit to now increase in both divisions compared to the first half, as turnover is set to increase again. There should also be good cash collection in the second half, given the significant increase in receivables since the year end. Look at just the second quarter eps. This was 1.12 us cents. At current exchange rates that's 0.86p per share. And we can expect more than this in the following two quarters (barring unforeseeable mishaps).
cjohn
10/8/2017
19:21
I think the all time high for MWE was 55p. I wonder could we break that in the not too distant future.
049balt
09/8/2017
13:16
Another good set of figures with $6.5m revenues for Q2 2017. It's all kicking out good cashflow - $433k this quarter. Nice $1m contract win for military which we know is better margins. It's still the water solutions that are really generating the profit though: For H1: Antennas $175k Mottech $704 But at least antennas side is no longer loss making as had been recently. MWE is still pretty much valued at nothing :)
gb904150
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