Share Name Share Symbol Market Type Share ISIN Share Description
Mti Wireless Edge Ltd. LSE:MWE London Ordinary Share IL0010958762 ORD ILS0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 38.50 17,027 07:45:14
Bid Price Offer Price High Price Low Price Open Price
37.00 40.00 38.50 38.50 38.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 30.19 2.57 2.47 14.5 34
Last Trade Time Trade Type Trade Size Trade Price Currency
15:02:16 O 15,000 37.60 GBX

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Date Time Title Posts
22/5/202021:33*** MTI Wireless Edge ***178
05/8/201813:43MTI Wireless (MWE) One to Watch on Monday -
20/6/201715:18MTI WIRELESS EDGE LTD, Tech Growth Share.469
11/10/200811:02Heading down again?68

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Trade Time Trade Price Trade Size Trade Value Trade Type
2020-05-28 14:02:1737.6015,0005,640.00O
2020-05-28 13:14:4539.201,000392.00O
2020-05-28 12:17:5438.111,027391.39O
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Mti Wireless Edge (MWE) Top Chat Posts

Mti Wireless Edge Daily Update: Mti Wireless Edge Ltd. is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker MWE. The last closing price for Mti Wireless Edge was 38.50p.
Mti Wireless Edge Ltd. has a 4 week average price of 36.50p and a 12 week average price of 26p.
The 1 year high share price is 42.50p while the 1 year low share price is currently 21.50p.
There are currently 87,888,724 shares in issue and the average daily traded volume is 35,525 shares. The market capitalisation of Mti Wireless Edge Ltd. is £33,837,158.74.
rivaldo: An encouraging move today, with MWE acquiring the rest of the water division JV in China. Not material in itself - but presumably there must be encouraging signs of more contract wins etc to come for MWE to make this move: Https:// "China has become Mottech's fastest growing market and the team are focused on supplying solutions to Chinese municipalities and large scale agricultural organisations as they seek to better manage their water resources and adapt to climate change. We expect this market growth to continue and expect that China will be one of our largest markets in the future."
spaceparallax: Good to see the MWE share dealing programme working well; mopping up the loose sales and reselling at a profit. In these difficult times, when many heavily geared companies must be teetering, it shows the value of a balanced growth plan founded upon sound internal finances. The consequent stabilizing effect upon the sp, probably deters those seeking short term profit from share price movements alone, which should consolidate investment appeal and continued share price growth to reflect solid YoY performance.
rivaldo: Allenby's forecasts this year are 3.04p EPS (rising to 3.47p EPS next year), with a 2.5c dividend bringing in a 5.6% divi yield on a 34.5p share price. And against the £29.9m m/cap MWE have $7.7m net cash, plus $2.7m of property as an excellent and secure buffer/asset backing. If you strip out the cash, which is 20% of the m/cap, MWE are on a P/E of around just 9. Which looks even better after today's news of a likely $2.3m contract extension for the water/irrigation control subsidiary over the next 5 years: Https://
rivaldo: So the 370,000 shares bought back yesterday have been sold on to institutions at 34.5p...thus not only making MWE a tidy £7k or so profit, but also showing that there's continued demand for shares here: Https://
rivaldo: Good to see the company buying in 370,000 shares at 32p - should provide MWE with a nice bonus when they sell them on to the institutions: Https://
rivaldo: Allenby Capital have retained their 46p price target. Their forecasts this year are 3.04p EPS (rising to 3.47p EPS next year), with a 2.5c dividend bringing in a 5.6% divi yield on a 34.5p share price. They conclude: "Outlook – FY20 has started well with contract wins announced in Distribution and Antennas. Macro trends that will support further growth include climate change and water shortages driving demand for Mottech’s water management system; increase in defence spending and MTI’s Indian offset manufacturing for military antennas; and the move by mobile operators towards 5G that is generating interest in MTI’s 5G backhaul antennas from large OEM suppliers. MTI will also continue to look at acquisition opportunities."
rivaldo: Excellent 2019 results today, with 3.27c EPS. i.e around 2.6p EPS: Https:// The outlook is very confident and looks positive in all three divisions, particularly water and antennas re 5G implementation. No mention of the virus, so likely no material impact (as yet anyway). The confidence is reflected in the 33% dividend rise to 2c per share. And against the £27m m/cap MWE have $7.7m net cash - way ahead of expectations - plus $2.7m of property as a nice secure buffer/asset backing. The forecast for this year was 3.08p EPS, and I imagine this will be retained, making MWE pretty cheap to say the least at these levels.
rivaldo: Great news - a rather large $1.5m contract win, with the hint at the end that there's much more to come: Https:// "Contract Win worth approximately US$1.5 million 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 the St Petersburg office of MTI Summit has secured a significant order for delivery in 2020 from a Russian customer. The contract is worth approximately US$1.5 million and is for the supply of radio frequency components. Operating under the Group's Distribution & Professional Consulting Services Division, MTI Summit represents 40 international suppliers of radio frequency and microwave components and sells these products to customers. Expert knowledge of both the international suppliers and customers further enables MTI to act as a consultant to all parties and assist with devising radio frequency and microwave solutions, as was the case with this contract win. MTI's CEO, Moni Borovitz, commented: "Since the acquisition of Summit by MTI in 2013, this division has traded under the MTI Summit brand and has been growing very satisfactorily. Customers are increasingly recognizing our ability to source radio frequency and microwave components and to be an active partner in helping to solve design challenges by offering suitable components for a particular solution. This win is particularly good news for our St Petersburg office, as it is their largest order to date. In addition, there is an order book of further Russian orders which bodes well for this office and for the division as a whole in 2020."
rivaldo: A new contract win, with a large extension to an existing contract, is good to see and shows confidence in MWE's products as the CEO says. But his concluding sentence is much more important and signal where the company is heading: "We continue to see expansion and growth opportunities in all sectors of the antenna industry, particularly in the 80 GHz spectrum as mobile operators start to implement the roll-out of their 5G networks": Https://
rivaldo: MWE have bought back 100,000 shares at 22.25p. They certainly have the cash pile to continue doing so, which should support the share price and clear any sellers: Https://
Mti Wireless Edge share price data is direct from the London Stock Exchange
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