Mti Wireless Edge Share Discussion Threads

[cjohn] 12/9/2016 10:12

Hi Columbarius, if you read back over the first quarter report, you will see that the antennae business had a very poor quarter. This accounts for the flat eps for the first half.


In the second quarter, the antennae business recovered and profits for the year are likely to more than doublé those for the first half.

Company guiidance - and indeed looking at segmental outcomes in the latest reports - suggests that Mottech is trading more than satisfactorily. Regards.

[spaceparallax] 09/9/2016 11:54

I've not seen any news to that effect.

[columbarius] 08/9/2016 13:19

Perhaps the Mottech acquisition isn't going as well as was hoped. It has added revenue but unfortunately general, administrative and especially distribution costs have grown at a quicker rate and are hurting the bottom line.

[049balt] 07/9/2016 17:59

What happened here?

[spaceparallax] 31/8/2016 11:46

Chart continuing to develop nicely, following the double bottom, we now seem to be achieving higher lows and highs.

[spaceparallax] 16/8/2016 15:19

Looks like we have a double-bottom

[spaceparallax] 05/8/2016 16:14

A pleasing half year report

[russman] 03/8/2016 13:53

What is the 26.5p divi. Big Typo?

[dice1950] 14/7/2016 13:21

AIM Morning Risers:
14th July 2016

[cjohn] 13/7/2016 14:34

Shareprice well down from recent highs. An upward correction likely on any positive news.

The reaction to 1st Q results made no sense on fundamental grounds. And I was very happy to buy more shares in the mid-teens. Net tangibles at around 26p per share on Sterling weakness.

[apfindley] 13/7/2016 13:53

Get ready for GWMO liftoff. Buying been going on in last few days ahead of news. Get in before the crowds for a GWMO multibagger. Gold copper silver drilling commencing.

[zebbo] 13/7/2016 11:04

Dollar revenue, possible takeover? I see this as a cheap stock with great growth capability / potential. Qtr reporting must be tricky for small companies as cash flow is lumpy by nature and harder to smooth out
FYB

[spaceparallax] 13/7/2016 10:57

Indeed, share price very lively this morning.

[pickledcabbage] 13/7/2016 10:55

What's going on?!

[spaceparallax] 06/7/2016 09:35

A consistent, steady increase in performance will be the key to MWE's success.

[zebbo] 04/7/2016 17:40

CJohn, agree looks like a positive for MWE, just hope they have managed to increase the orders for the next Qtr

[cjohn] 01/7/2016 12:14

The slump in the pound against the dollar will increase MWE's asset value in sterling terms.

[cjohn] 20/6/2016 10:02

A new European customer.

[spaceparallax] 17/6/2016 22:08

Our antennae seem to be establishing a solid reputation amongst the military.

[cjohn] 15/6/2016 09:05

A large contract win for a new military customer. $1.8m over the next two years.

[zebbo] 20/5/2016 17:37

Cheers Sladdjo, much appreciated

[cjohn] 20/5/2016 11:24

Hi Sladdjo, thanks for the AGM report. Always appreciated. If what the largest broadband customer says turns out to be true, this bodes very well. As we've discussed before, such blips are inevitable given the business model. 3 monthly reporting highlights the lumpiness of revenues in the antennae business.

In any case, I was happy to buy stock at the recent lows, particularly given the tangible asset backing.

[muffster] 19/5/2016 08:08

Many thanks

[sladdjo] 18/5/2016 14:28

AGM notes. Wrt antennas in 1Q, Military did well as did RFID, it was mainly broadband access that was slow. Feel that were chasing the big opportunities rather than bread and butter. 1 customer who accounts for 20% of entire antenna business didnt re-order. MWE have had working relationship for >15yrs with them, and customer has said that they expect '16 wont be less than '15 but Moni waiting to see. In 2Q so far they've seen a recovery. MWE sees several big opportunities, both for the military and in the Broadband space - in some cases they feel that they are in a very storng posn, but some are new customers so they arent sure how likely things are to progress. An eg is MWE is working with a large company and they are being completely funded by the customer phase by phase - if successful should see next yr. Of note was that the comp received and supplied their 1st order in the 60 GHz mrkt.

RFID - trial in Moscow airport was successful and now they are doing bigger trials in several airports around the world. IATA is pushing airports to implement RFID for baggage ("friendly suggestion" for now vs enforcing via rules), but prev they werent pushing. Perhaps linked to security?

Mottech is doing well, ahead of internal forecasts. Contract today was the effort of lots work. Comp has re-recruited marketing personel and they are doing more software development. Their focus is on becoming more service orientated and increasing their level of recurring revs. Comp has been doing rounds with insti investors - people interested but struggling to pickup decent levels of stock

[muffster] 16/5/2016 07:36

Latest allenby note out following results. Maintains target fair value of 33p