Mti Wireless Edge Share Discussion Threads

[spob] 09/12/2015 08:54

Taken profits here this morning 20p

average buy price 9p

+122%


more by accident than design LOL


meaning i set the wrong sell order type when setting a profit protection stop loss DOH

and thus my position was sold at the open this morning


oh well can't complain, my mistake


I have set a buy back order at lower levels


It would not be atypical to see a retracement after such a fantastic spike in the share price over the last year

[spob] 09/12/2015 02:31

1 Year







5 year

[markiemark321] 08/12/2015 19:07

Looks like we may have a 50000 share buyer about.
Has happened a few times over the last week.

[sailing john] 07/12/2015 12:58

Mottech acquisition 6 months ago was transformational

The recent rise is just the market catching up! :)

But still further to go to fair value - we haven't even reached equity valuation yet - let alone factored in growing profits and yield!

SJ

[spaceparallax] 07/12/2015 08:51

wow, this last fortnight has been transformational.

[someuwin] 01/12/2015 15:48

Looking very good here.

[spaceparallax] 01/12/2015 08:40

One step at a time.

[muffster] 30/11/2015 22:27

Sailing John, read the allenby note for an idea of the base case share price. 25p is too low

[spaceparallax] 30/11/2015 14:50

up 16% on the day so far

[spaceparallax] 30/11/2015 14:01

Good to see that we have upward momentum. Indeed there is a long way to go, but that should follow on the heels of continuing MWE (plus Mottech) strong performance that will inspire confidence.

[sailing john] 30/11/2015 12:33

On the move but still a long way to go

Transformational acquisition of Mottech still not fully priced in imo

I'm looking for 25p+ giving a MC of just £13m vs Equity of £12m and a forecast PBT of over £1.1m in 2016.

SJ

[spaceparallax] 24/11/2015 09:13

Let's hope so, it's been long overdue from a net asset viewpoint but with the recent acquisition and proven earnings there's operational justification.

[ileeman] 23/11/2015 16:56

Chart looks poised for a break of 17.5p resistance, already had a go at it today.

20-25p looks like a good target.


free stock charts from uk.advfn.com

[cjohn] 20/11/2015 13:49

Hi Spaceparallax,

There is much better forward visibility in other types of business: ie think of staple food companies or utilities at one extreme.

The antennae business works in a market with numerous ponderables to do with chnaging technological trends. These are very difficult to foresee. Hence MWE's predictions for its antennae business are rarely fulfilled. There is poor visibility.

The management are hoping to move up the value chain to obtain more regular and predictable revenue. Good strategy.

[muffster] 19/11/2015 07:59

Listed on stockopedia as having a score of 96 out of 100. Allenby note sees an average case share price of 40.5p

[sailing john] 18/11/2015 14:29

Pleased to have added yesterday at 14.2!

I think the Allenby forecasts are achievable but it might take a while for the market to catch up with events!

[spaceparallax] 18/11/2015 11:20

Isn't that true of most businesses in these difficult times John?

[cjohn] 18/11/2015 10:19

It's worth noting that turnover was down about 4% at the antennae business for the first three quarters year-on-year.

I've listened to the interview with Dov Feiner CEO. As ever there are plausible reasons why the antennae business hasn't done as well as expected so far this year. To my mind, this just indicates how competitive the market is and how little forward visibility there is.

I should add, in spite of this, the shares are markedly undervalued.

[spaceparallax] 18/11/2015 08:48

Thanks John - all sounded very positive

[sailing john] 17/11/2015 16:00

CEO Interview

Sounds positive as expected - confident of meeting Allenby forecast for the current year.

Market might take note when it sees step change in both 2015 and 2016 results

Nice long term hold

[sailing john] 17/11/2015 15:33

Thanks for posting Allenby note

Here are the headline numbers for anyone who can't be bothered downloading

Allenby fair value increased from 21p to 30p following Mottech acquisition and Q3 results

Step change in PBT not fully reflected in share price ....yet!
2013 $0.1m
2014 $0.2m
2015E $1.1m - 7 months Mottech
2016E $1.7m
2017E $2.0m

- MC just £7.5m at 15p and paying divis

SJ

[spaceparallax] 17/11/2015 14:48

Thanks Aim - makes sense.

[muffster] 17/11/2015 14:42

Thanks Aim. I saw the drift down yesterday and bought more.

[aimseer] 17/11/2015 14:26

House broker has a 30p price target now.

hxxp://allenbycapital.com/research/research-mti.html

[kingivor] 17/11/2015 13:25

Added this am after some obvious 'no-patience' profit taking, (very healthy for share price consolidation).
Q3 gross profits $2.35million.
Current MC £7M.