Mti Wireless Edge Share Discussion Threads

[battlebus2] 04/3/2014 16:11

That scenario doesn't look likely now given only a few trades.

[battlebus2] 04/3/2014 15:17

Tuesday afternoon could be a tip by the naked trader or online I.C.

[spaceparallax] 04/3/2014 15:06

Hmm, a very nice rise.

[battlebus2] 04/3/2014 14:29

A tick up :))

[battlebus2] 03/3/2014 10:39

More military purchases, spending may have to increase in certain areas i would have thought.

[spaceparallax] 03/3/2014 10:37

How do you mean?

[battlebus2] 03/3/2014 08:16

Could there be a benefit to MTI with the current tensions over Ukraine?

[sladdjo] 25/2/2014 09:48

Not sure if everyone has heard the following brief interview with Moni, discussing results and mentioning that he hopes military revenue will be the same again this year, with commercial improving

hxxp://www.brrmedia.com/event/120767/moni-borovitz-financial-director

[battlebus2] 21/2/2014 18:14

Still wildly undervalued even given the fact it's an Israeli co imv so roll on 15p please :))

[cjohn] 21/2/2014 12:25

Nothing unexpected or indeed dramatic in the results. Pleased to see sentiment changing though.

[el1te] 21/2/2014 09:46

Well.. So much for slowly!

[sailing john] 21/2/2014 09:36

Slowly..... getting rerated

Now profitable so no reason why they don't trade at NAV 21p half of which is cash/investments/property.

SJ

[spaceparallax] 20/2/2014 08:50

Good results, powerful sentiments expressed and telling embedded value.

[sladdjo] 20/2/2014 08:15

Wow - big move in share price Looking at results as well, divi up 20% over last yr. CFO (ex change in WC) was $490k vs flat last year so a good improvement. Also, capex of $270 means we were FCF +ve for the 1st time in ages! 1/2 of last years revs in order backlog bodes well for this year. Slight concern over inc in receivables, but have more than another cash and property to back it up.

[sailing john] 20/2/2014 08:12

In summary
MTI Wireless Edge moves into profit

And.........
Cash 7.4p
Office 4p
NAV 21p

But
Price 12p to buy!
Divi over 4%
They keep saying but market still ignores!

[philo124] 20/2/2014 08:04

Through 10p.

[battlebus2] 20/2/2014 07:46

Should be trading at 15p ATM in my view so hopefully a steady rise to that over the coming months.

[el1te] 20/2/2014 07:42

Yep, nice solid results. Even if you discount the value of the property by 50%, the Value of that plus cash is 9.4p.

0.45p in EPS at a PER of 8 is another 3.6p, so the base valuation price should be somewhere around 13p

[battlebus2] 20/2/2014 07:17

We enter 2014 with confidence in the growth prospects of the business and its ability to increase its profitability. The underlying drivers of our business, such as continued growth in data usage and increasing subscriber numbers, are part of long term trends which we expect to continue for the foreseeable future. This, together with the current backlog of $6.5m, provides us with confidence in both the Company's short and long term growth prospects.

[battlebus2] 20/2/2014 07:09

Great results on first quick read, profit 426 up from a loss of 226 last time and a pretty bullish outlook.

2013 Highlights

-- Return to net profit - $0.4m (year ended 31 December 2012: loss of $0.2m)
-- Revenues increased by 6% to $13.4m (2012: $12.7m)
-- Gross profit increased by 9% to $4.8m (2012: $4.4m)
-- Return to profit from operations - $0.2m (2012: loss of $0.4m)
-- Strong demand for new 80Ghz product line - new customers gained in H2 2013 providing a strong backlog for H1 2014

-- Net cash, cash equivalents and marketable securities at the year-end of $6.4m, equivalent to 7.4 pence per share

-- Net value of the Company's offices of $3.5m, equivalent to 4.0 pence per share
-- Shareholder's equity of $17.7m (at 31 December 2012: $17.7m), equivalent to 21.0 pence per share

-- Dividend of $0.68 cent per share declared - to be paid on 4 April, 2014 to shareholders on the register on 14 March 2014.

[cjohn] 19/2/2014 12:04

NIce spot, Sladdjo. Quietly encouraging.

[sladdjo] 18/2/2014 09:13

Expanded distribution agreement with BlueStar

hxxp://www.newswiretoday.com/news/139542/

[spooky] 17/2/2014 18:23

The outlook statement will be interesting.