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% 47.00 97,958 08:00:12
Bid Price Offer Price High Price Low Price Open Price
45.00 49.00 47.00 47.00 47.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 30.19 2.57 2.47 18.3 42
Last Trade Time Trade Type Trade Size Trade Price Currency
15:24:15 O 4 47.42 GBX

Mti Wireless Edge (MWE) Latest News

More Mti Wireless Edge News
Mti Wireless Edge Takeover Rumours

Mti Wireless Edge (MWE) Discussions and Chat

Mti Wireless Edge Forums and Chat

Date Time Title Posts
22/9/202014:56*** MTI Wireless Edge ***314
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

Add a New Thread

Mti Wireless Edge (MWE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-09-22 14:24:1747.4241.90O
2020-09-22 11:18:0847.442,091991.97O
2020-09-22 11:09:5547.442,107999.56O
2020-09-22 10:08:0047.5031,57814,999.55O
2020-09-22 10:03:1545.502,8791,309.95O
View all Mti Wireless Edge trades in real-time

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 47p.
Mti Wireless Edge Ltd. has a 4 week average price of 35p and a 12 week average price of 31p.
The 1 year high share price is 48.50p while the 1 year low share price is currently 26p.
There are currently 88,538,724 shares in issue and the average daily traded volume is 129,516 shares. The market capitalisation of Mti Wireless Edge Ltd. is £41,613,200.28.
rivaldo: Yep, excellent news - hopefully this will flag up MWE's 5G potential to the market in general as this is just the beginning..... Https://
jamessmith23: Agree it isn't going to improve the share price short term, although it has been shown director sells are often not linked to share price performance because directors needs to buy things too, but purchases are.Hopefully people read the article over the weekend and realised what they've been missing out on!
myopia: even so don't think it will help the share price in the short term, the sale.
rivaldo: H1 results are tomorrow. I'm not expecting particularly exciting numbers, especially given the effects of COVID-19 and given that last year's H1 results were very strong. The main point of interest will be the outlook for H2 and onwards. If there's progress on 5G in particular, as well as for Mottech, then the share price should be nicely supported. Especially given the large cash pile and other tangible asset backing.
rivaldo: Good news from the French irrigation market - a great start to sales there, with lots more to come in the "short to medium term". And during the pandemic since March too: Https:// "Mottech expands into French Wine Market with new Tethys System 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 Mottech Water Solutions Ltd ("Mottech"), the Group's subsidiary in the wireless irrigation control solutions sector, has launched a new wireless irrigation solution developed for the French wine market - the Tethys system. The Tethys system was first installed in March 2020 and already 200 French vineyards have become customers..... ..... The response to the launch of the new Tethys system has been excellent. Since March 2020, Mottech, and its local partner, AQUADOC, has now provided the system to four water associations who together provide irrigation water for thousands of vineyards of which 200 have already become customers. Currently, the system is covering 4,000 hectares (40 square kilometers) and it is estimated that there is potential demand for 200,000 hectares in the short to medium term. Mottech has over 20 years of experience in providing remote control solutions for vineyard irrigation management all over the world, including Australia, Italy, South Africa, South America and Israel. Mottech's Tethys system for rural water distribution management, was developed for vineyards in southern France but will be marketed in other markets as well. MTI's CEO, Moni Borovitz, said: "Mottech's new Tethys system is the only system in the world that enables vineyards to choose in advance the exact time, date and amount of water to be supplied. A unique feature which is driving demand from both vineyards and water associations. All of this is placing Mottech in a good position to expand its services at a time when climate change is likely to force a further softening of irrigation restrictions in France." AQUADOC CEO, Lionel Palancade, commented: "French winemakers and water associations are very keen to take control of their own irrigation and water supply management. They believe they are best placed to judge the level of irrigation required for their vineyard. The Mottech system delivers control and accuracy better than any other competing system which is reflected in its evident popularity. In the south of France, with a further 200,000 hectares of land expected to be fitted with the new agricultural hydraulic equipment suited for connection with the Tethys system, Mottech is well placed."
cjohn: There's no doubt if a Company's divisions all perform well and increase profitability, this impacts eps and often the market price increases too. This is true of MWE and any other company on the market. It almost goes without saying. Of course, if all divisions turn in an absolutely stellar performance, the share price could rise 200%, 300%. (Someone was talking about a multi-bagger.) It's just very very unlikely. The Water Division did increase profitability in 2019 to $1.562m. In 2018, the Water Division made $1.395m; in 2017 $1.536m, in 2016 $1.591m - the first full year of Mottech. So the reality is there has been no increase in profitability at Mottech since the acquisition. That tells an important story, as there HAS been a steady increase in turnover. Really, looking at the sector, it's very competitive and it doesn't surprise me that profit margins at Mottech have been pared back from above 13.5% to around 9.5% - still very good. It's what economic theory would lead you to expect. Is it a good investment at current price? It's an OK investment. The company's financially sound and well-managed. But at this juncture, there are plenty of decent firms trading at much cheaper multiples, in less competitive markets and with more downside protection than MWE. I understand your hopes re 5G. But we were told the same about 4G and the "internet of things" and 60-90GHZ (from memory) and it didn't happen. Again, economic theory would lead you to expect a temporary upwards blip in turnover and profit (because of 5G) before the "excess" profit is competed away. Any intellectual property advantages are soon undermined by other technical approaches and advances. It's the nature of the field they're in.
rivaldo: I've met the CEO and agree that management are prudent, trustworthy and capable of taking the company to the next level. I've laid out above in detail why imo, on an ex-cash P/E of only 8.6, MWE look extremely good value. Both the water and elecronics distribution businesses have performed well recently in growing revenues and profits. It's only the antenna division which had a poor 2019, held back by the transition to 5G, but MWE have an excellent client base and reputation here. For example, Water increased revenues by 16% and PBT by 12% last year. The initial Chinese sales already announced could turbocharge this division going forward. MWE have confirmed that they've barely been affected by COVID-19 - and that this has accelerated the impact of 5G. If all three divisions are seen to be performing well, then there's no reason why the share price shouldn't advance 50%-100% from here in a relatively short timeframe.
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://
Mti Wireless Edge share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Mti Wirele..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200923 03:43:20