Mti Wireless Edge Share Discussion Threads

[spaceparallax] 06/11/2019 18:52

It's proving to be quite some year for MWE's order book - hopefully, it'll open up other opportunities and most importantly demonstrate the Company's solid credentials, supporting continuation of the recent strong share price I few bailouts must be kicking themselves.

[rivaldo] 06/11/2019 09:29

Yet another contract win - this time a nice long-term one over 5 years, providing visibility of income and which from the sound of it could lead to much more:



"Contract win

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce that Ginat Wave India Private Limited ("Ginat"), its offset manufacturing company in India, has secured an order, from a returning European customer, totaling 1.5m Euro for the supply of cable harnesses. The order is to be supplied over 5 years.

"This is another large scale order received by Ginat" commented Mr. Ariel Melamed, CEO of Ginat. "We have been manufacturing for this customer from the beginning of the year and I am happy that its satisfaction has been demonstrated with this long term order. We look forward to further developing Ginat and becoming a significant manufacturer in the MTI Group as the demand for offset manufacturing in our business space in India is huge".

[rivaldo] 05/11/2019 11:52

New 2-year highs now.

[049balt] 05/11/2019 10:50

And off we go

[rivaldo] 04/11/2019 09:13

Good to see the price moving up nicely on a couple of relatively small buys, perhaps indicating not much stock around.

Looking forward to seeing MWE present next week.

[davidosh] 14/10/2019 22:35

Indeed the management team will be exhibiting and presenting on the first day of the two day Mello London investor conference in Chiswick London W4 on Tuesday 12th and Wednesday 13th November and there will be an opportunity to take part in a Q&A at the end of each presentation. These are just a few of the companies taking part...

hxxps://melloevents.com/event-mlexhib/

There will also be lots of quality keynote speakers, panel sessions and round table discussions looking at investment strategies & portfolio diversification plus sessions on.... How does a market maker work your share trades? What is undertaken in a company audit? What is hidden on the dark web? & how can retail investors get access to placings?

hxxps://melloevents.com/event/

If you would like to join the thousand investors at the event you can gain 40% discount on your ticket by entering the code ADVFN40 when you purchase your ticket.

[rivaldo] 14/10/2019 07:10

Great to see MWE out and about presenting and exhibiting to investors at Mello on November 12th. From the presentation I attended I can say it should be worth seeing:

[rivaldo] 09/10/2019 15:01

New interview with the CEO, notably about the huge potential in 5G, where MWE have a "unique dual band solution" and are experiencing a "large increase in demand in the last few months":

[rivaldo] 07/10/2019 09:08

From Allenby Capital this morning - they retain their 38p target:

"MTI Wireless Edge Ltd* (MWE.L, 31.5p/£27.6m
Contract wins: Further military antenna orders (03.10.19)

Several orders secured in the antenna division that total just over $1m for the supply of military antennas to an existing Israeli customer for several naval projects over the next 12 months.
No change to forecasts or 38p/share fair value.

Allenby Capital comment: Continued good contract newsflow from the supplier of comprehensive communication and radio frequency solutions across multiple sectors. MTI has been waiting for these orders to mature for some time and, together with the order announced on 23 September, the order book has increased and management reports further interesting opportunities in the military antenna segment. On top of this, there is the growth opportunity around 5G backhaul. The growth in the order book underpins our FY20 forecasts. 38p/share fair value remains unchanged."

[spaceparallax] 03/10/2019 14:58

We've certainly enjoyed a string of positive announcements recently - hopefully sufficient to persuade holders that MWE is a solid investment case.

[rivaldo] 03/10/2019 07:07

RNS - another $1m of antennae contracts won for delivery over the next 12 months. This is the third contracts win RNS in just over 2 weeks....



Interesting also to see the comment about 5G - almost as if they're priming investors for news flow to come:

"We also continue to invest in the commercialization of 5G backhaul solutions which we expect will drive sales growth as mobile phone operators roll out their 5G networks globally."

[cjohn] 24/9/2019 17:51

Thanks for the meeting summary and the heads up about the new contract win.

V promising.

[spaceparallax] 23/9/2019 15:21

More good news - should help sustain the share price

[rivaldo] 23/9/2019 12:09

Allenby retain their 38p target and say:

"MTI Wireless Edge Ltd* (MWE.L, 30.5p/£26.2m)
Contract win: Military antennas (23.09.19)

Contract win in its Antenna division for the supply of military antennas to an existing European customer. The order is worth c. $1m over the next 15 months.

No change to forecasts or 38p/share fair value.

Allenby Capital comment: Further good newsflow and management reports strong sales interest in its portfolio of antenna products across the whole frequency spectrum.

MTI also continues to invest in its 5G backhaul antennae that represents a substantial global opportunity as MNOs roll out 5G networks. No change to forecasts or 38p/share
fair value."

[049balt] 23/9/2019 09:50

It amazes me that the shares are not at 40p considering the exciting future

[rivaldo] 23/9/2019 07:09

Another $1m contract win, and some particularly encouraging comments about current demand for 5G and antennae:



"Contract Win

MTI Wireless Edge Ltd (AIM: MWE), the technology group, focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce that its antenna division has received an order valued at approximately US$1 million, for the supply of military antennas to a European customer over the next 15 months.

MTI's antenna division General Manager, Dov Feiner, commented: "We are delighted to win this order from an existing customer. We continue to see strong sales interest in our current portfolio of antennae products across the whole frequency spectrum. We also continue to invest in the commercialization of 5G backhaul solutions which we expect will drive sales growth as mobile phone operators roll out their 5G networks globally."

[penpont] 21/9/2019 12:40

Yes thanks rivaldo, useful info.

[spaceparallax] 20/9/2019 13:54

Thanks Rivaldo

[rivaldo] 20/9/2019 12:30

A few brief notes from the investor meeting in random order....

- MWE met with Herald and Miton, together with around 5 other institutions who aren't currently shareholders, and alongside other retail broking meetings
- MWE want to use their cash to make earnings-enhancing acquisitions. They looked at around 50 companies last year, but only liked 3 or 4
- R&D is around $1.2m-$1.5m per annum, which is all written off (no capitalisation). A prudent lesson for most other companies
- H1 usually has better cash flows than H2
- apparently Miton and Herald increased their stakes by buying up the shares which had been bought back
- re controllers for irrigation, a city like Sydney might use 2,000 such controllers, whereas individual farmers would buy 5 or 6
- MWE act as Nokia's development house for their antennae. This is fully funded by Nokia, but MWE own the IP
- each of the three divisions should grow by at least 10% per annum, with 5G growing faster

[rivaldo] 19/9/2019 07:32

...and a third lot of 100,000 shares now bought back at 30.75p:

[rivaldo] 18/9/2019 07:49

Another 100,000 shares bought back at 30.75p:

[rivaldo] 17/9/2019 07:26

Good to see MWE continuing to buy back, this time another 100,000 shares:

[rivaldo] 16/9/2019 09:57

From Allenby Capital this morning:

"MTI Wireless Edge Ltd* (MWE.L, 29.5p/£25.8m)
Contract win: Scope for growth (16.09.19)

MTI Engineering Ltd, MTI’s expert consulting and representation division, has signed an agreement that includes an initial order valued at c. $1 million, for the supply of Hi-Power Microwave Terminations to an Israeli customer over the next 16 months.

Management believes there is scope for the order size to more than double in the next two years, as the customer has designed its system around MTI’s component.

No change to forecasts or 38p/share fair value.

Allenby Capital comment: The contract demonstrates further the value of the company's diversified strategy and the benefit of the 2018 merger with MTI Computers Software and Services (1982). MTI Engineering is a well established consulting and representation business that acts for more than 25 companies across the microwave, telecoms and data communications sectors. The division enjoyed a standout performance in H1 with revenue +44% to $5.6m as projects where it has designed solutions have started to mature. No change to forecasts or 38p/share fair value."

[spaceparallax] 16/9/2019 09:37

Promising.

[rivaldo] 16/9/2019 07:04

Very good news this morning - with the potential for more:



"Contract Win

MTI Wireless Edge Ltd (AIM: MWE), the technology group, focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce that MTI Engineering Ltd ("MTIE"), the Group's expert consulting and representation division, has signed an agreement which includes an initial order valued at approximately US$1 million, for the supply of Hi-Power Microwave Terminations to an Israeli customer over the next 16 months.

MTIE's General Manager, Adi Peleg, commented: "We are delighted with this agreement because it provides a lot of potential, including scope for the order size to more than double in the next two years, as our customer has designed its system around MTI's component.

We continue to see high demand for our products and services and this agreement is another step in the realization of the substantial potential for our products."