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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% 79.00 29,244 08:00:00
Bid Price Offer Price High Price Low Price Open Price
78.00 80.00 79.00 79.00 79.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 24.93 2.97 2.80 28.4 70
Last Trade Time Trade Type Trade Size Trade Price Currency
13:29:55 O 21,599 78.65 GBX

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Date Time Title Posts
07/4/202115:16*** MTI Wireless Edge ***825
30/3/201920:38MTI WIRELESS - WORLD CLASS ANTENNAS1,895
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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Mti Wireless Edge (MWE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-04-15 13:29:5678.6521,59916,987.61O
2021-04-15 11:16:5278.00171133.38O
2021-04-15 11:03:5778.001,2911,006.98O
2021-04-15 09:34:1478.00719560.82O
2021-04-15 09:18:3378.00500390.00O
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Mti Wireless Edge (MWE) Top Chat Posts

DateSubject
15/4/2021
09:20
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 79p.
Mti Wireless Edge Ltd. has a 4 week average price of 76p and a 12 week average price of 72.50p.
The 1 year high share price is 92.50p while the 1 year low share price is currently 31p.
There are currently 88,538,724 shares in issue and the average daily traded volume is 110,107 shares. The market capitalisation of Mti Wireless Edge Ltd. is £69,945,591.96.
07/4/2021
15:16
rivaldo: Great to see MWE up 3p today and looking strong - the long-term chart uptrend still looks good and the share price has bounced nicely from that rising line.
06/4/2021
10:55
spaceparallax: I see no fundamental cause, in fact the fundamentals and outlook point to a very bright future and substantial share price progress to come. Sadly, the cause is the way that our mkts work/dont work - many people seeking to make money from any price movement rather than because a company is thriving or struggling. Fortunately, we're seeing signs that such predatory practises may be coming under threat e.g. the Gamestop phenomenon recently in the States and today's announcement, by Credit Suisse, concerning losses incurred after getting into bed with a NY hedge fund whose gambles went wrong bigtime. Let's all just stick to investing in what we see as genuinely good causes or sound businesses, rather than being mug punters who can only lose in the longrun to the gambling machines that purport to invest but which in reality only line their own pockets via rigged systems.
25/3/2021
07:33
rivaldo: Great to see such interest in MWE's shares from "institutional and other investors" at 80p. This should put a new floor on the share price and will add liquidity and general investor interest here. Various directors etc have sold only small proportions of their holdings, which is quite understandable after such a vertiginous share pruce rise and given the previous lack of liquidity. They all still have very substantial ownership of the company. The post-results presentations MWE talk about today must have been extremely well received!
01/3/2021
22:52
rivaldo: Cheers aspringo - here it is: Https://www.investorschronicle.co.uk/ideas/2021/03/01/small-caps-with-upgrade-potential/ "Small-caps with upgrade potential Earnings momentum is the key driver of share prices, so it pays to know when a company is likely to beat expectations. Simon Thompson highlights two small-cap companies where both the earnings and investment risks are pointing to the upside. March 1, 2021 By Simon Thompson Significant upgrades to net cash position Better-than-expected adoption of wireless water control systems Chief executive Moni Borovitz of Israeli-based technology group MTI Wireless Edge (MWE:83p) was in bullish mood during our results call. He has every reason to be, having reported 19 per cent higher annual pre-tax profit of US$4.05m (£2.9m) despite the impact on sales in certain markets due to the Covid-19 pandemic. Although cost savings flattered the bottom line, Mr Borovitz notes that over US$300,000 of savings made will be permanent. He also highlights multiple growth drivers that should underpin another year of stellar growth. For example, MTI’s wireless water control and management systems that address water scarcity by using Motorola's IRRInet state-of-the-art communication technologies are proving a hit in French vineyards. Having launched its Tethys product in the country last year, the system is already installed in 500 vineyards, an outcome that is “much better than we expected”. The technology is proving a big hit in the Americas, too, hardly surprising given the twin effects of climate change and water scarcity. The opening of a new office in Alberta, Canada, places MTI in a good position to win more business. MTI has also been winning new service contracts for municipalities (remote water irrigation systems for parks, for example) in Australia, Israel, and Asia. MTI’s water control division increased operating profit by 23 per cent to US$1.92m in 2020 on slightly lower sales of US$16.2m, and looks well set to deliver another year of strong growth in 2021, and well beyond. The same is true of MTI’s Summit electronics division, which represents 40 international suppliers of radio frequency/microwave components and sells these products to customers in Israel and Russia (fifth of divisional revenue). The majority of design wins are for defence-related systems and new wireless applications in commercial markets. For example, a key specialist area of expertise is the tethered balloon sector (15 per cent of divisional revenue), a segment that is expected to continue making a strong contribution during 2021. MTI is also cross-selling its wider product offering to clients to boost sales. MTI Summit has strong operating leverage, whereby increasing amounts of incremental gross margin earned convert into operating profit as sales rise. This explains why the unit delivered 31 per cent higher operating profit of US$1.6m on revenue up 18 per cent to US$13.7m in 2020. True, MTI’s antenna business only made a small operating profit of $0.16m on revenue of US$11.2m, but it’s winning contracts including one with a new North European customer for military antennas. The business is also starting to pick up larger contracts for 5G backhaul antennas, which support mobile phone operators roll-out of their 5G networks, helping to transfer the data from mobile users to the operator’s network. MTI has sales arrangements with four of the seven manufacturers of mobile infrastructure networks, so is well placed to benefit from an expected surge in demand as operators upgrade their cellular network infrastructure to 5G. Another feature of MTI’s results was far better-than-expected closing net cash of US$9.4m (7.6p a share), which smashed house broker Allenby Capital’s US$7.6m forecast. Furthermore, with analyst David Johnson expecting pre-tax profit to surge 21 per cent to US$4.9m on 6 per cent higher revenue of US$43.4m in 2021, then cash will continue to build. Indeed, Mr Johnson lifted his 2021 closing net cash estimate by 22 per cent to US$10.4m (8.4p) and his 2022 forecast by 28 per cent to US$12.2m (10p). On this basis, MTI’s shares are rated on a cash-adjusted price/earnings (PE) ratio of 23.5, falling to 20.5 in 2022. In addition, with MTI’s cash position outpacing expectations, it’s not only good for dividend prospects – 2020 final dividend was hiked 25 per cent to 2.5¢ (1.8p) a share – but is value accretive to shareholders. MTI’s shares have doubled in value since I initiated coverage (Alpha Report: ‘Tapping into 5G and climate change technologies’, 4 Sep 2020), and I feel that the re-rating has 20 per cent further to run to my new 100p upgraded target price. Buy."
25/2/2021
10:14
spaceparallax: Ig, it would be nice to hear of the tangible effects of the Nokia rollout upon the MWE business. Is it conceivable that the antennae could become so fundamental that it would be in Nokia's interests to bring MWE in house; obviously, this would require a significant multiple of today's share price My preference would be for MWE to remain independent, but at a price of GBP10 per share I wouldn't grumble too much.
10/2/2021
11:21
spaceparallax: Ay up Neil, you've done well; however, this is a share that has been much undervalued for several years despite posting solid fundamentals showing modest progress. The shrewd acquisitions made in recent years have positioned MWE to flourish in strong growth areas, this is evidenced by the contract wins, strong results and very positive sentiment expressed by the Board. Due to their very low gearing and strong cash pile the Company has, in recent months, been able to operate a buyback policy that is proving effective in neutralising the malign influence upon the share price of trading and financial instruments. Consequently we're seeing a strong rise in share price to reflect not only the fundamentals but also the very positive outlook for their offerings. A few of us here are genuine investors who study the market and see opportunities worth investing in for the longer term; sadly, this is outside the interests or beyond the comprehension of those who choose to try to make money by day trading or betting on FIs. In the gambling arena punters may win occasionally but seldom know when to stop, which is why the bookmaker always wins (see the banner proclaiming C75% losers on most platforms). Occasionally bashers will pop up declaring their own genius and inability to lose; empty vessels and all that. MWE pay a good divi and are growing very nicely so I'm happy to remain invested for as long as the fundamentals and prospects look good. I don't need the money in the forseeable future so see no point in fleeing a good situation for a poorer one. Good luck.
05/1/2021
15:09
rivaldo: Good spot Tole, cheers. Simon Thompson's tips are normally behind a paywall, but this one isn't, so I'll post it here for the record before it disappears! "MTI share price hits record high Robust end market demand. Double-digit profit growth expected in 2021 and 2022. Shares in Israeli-based MTI Wireless Edge (MWE:76p) have increased 85 per cent in value on an offer-to-bid basis since I initiated coverage (Alpha Report: ‘Tapping into 5G and climate change technologies’, 4 September 2020), and have surpassed my 70p target. I would resist banking profit. That’s because investors are likely to continue to warm to MTI’s strong investment case given that its technology businesses operate in market segments that are displaying attractive structural growth: demand for next generation 5G networks; global warming and climate change; and increased defence budget spending. Specifically, MTI sells 5G backhaul antennas to support mobile phone operators to roll out their 5G networks, helping to transfer the data from mobile users to the operator’s network; and wireless water control and management systems that address water scarcity by using Motorola's IRRInet state-of-the-art communication technologies. The military segment also provides a reliable income stream and enables MTI to reapply the technology developed in commercial markets. Robust customer demand is not only delivering contract wins, but robust earnings growth, too. Indeed, house broker Allenby Capital expects 2020 pre-tax profit to increase by 25 per cent to US$4.3m on revenue of US$40.7m to produce EPS of 2.9p and support a 25 per cent dividend hike to 2.5¢ (1.9p). Analysts also forecast double-digit EPS growth to be maintained in 2021 and 2022, pencilling in EPS of 3.39p and 3.79p, respectively. The 2022 dividend is expected to be 20 per cent higher than in 2020. The directors can certainly afford to maintain their progressive dividend policy as MTI’s net cash has increased by 75 per cent in the past two years and is forecast to rise a further 25 per cent to US$9.5m (8p a share) by the end of 2022. On this basis, MTI shares are priced on a forward cash-adjusted PE ratio of 17.5, a rating that’s still not too punchy for a dividend paying technology company operating in market segments displaying material market growth. In the circumstances, I am upgrading my target price to 90p based on an enterprise valuation to 2022 cash profit multiple of 15. Buy."
04/1/2021
12:55
johnveals: tongosti, do you think MWE share price will be significantly higher (I am not talking multi bag here) at the end of 2021 than it is today?
03/1/2021
09:36
igoe104: 5G – A key investment theme for 2021. https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=newssearch&cd=&cad=rja&uact=8&ved=0ahUKEwjjmcvkuv_tAhUDsXEKHb5FDzsQxfQBCFMwBA&url=https%3A%2F%2Fwww.valuethemarkets.com%2F2020%2F12%2F30%2F5g-a-key-investment-theme-for-2021%2F&usg=AOvVaw0v4zTqerTIWQiKKJ7NVyxr I already own shares in MTI Wireless Edge (LSE:MWE), an Israeli company which has been trading since 1972. I picked it as a top share in my other job as a writer for Motley Fool and I’m doing so again here. Recent forays to expand its offering of wireless antennas should mean there is capacity to more than double its current £50 million market cap. I’m not that fussed about dividends for smaller companies, but there is a handy payout of $0.02 per share with MWE shares. So let’s just consider where they are with 5G. Without getting too technical, there’s a significant structural problem with 5G networks, in that they demand much more capacity per device. 4G allows for maximum data download speeds of around 100Mbps, but 5G should allow connections of 10 to 100 times more, in the region of 1Gbps to 10Gbps. Obviously this puts an immense strain on network operators being able to service this vast data flow. Not only is there an exponential increase in the amount of per-device capacity, there is expected to be an exponential increase in the number of devices connected to 5G networks. That means everything from smartphones to printers and medical devices for remote surgery, (alongside all the nonsense about 5G toasters and fridges). According to GSMA, which has been tracking the potential of 5G since the early 2010s, there have been 106 5G product launches to date, but today 5G services only make up for 7% of market penetration. Knowing what we know about how 4G supplanted 3G, it seems churlish to suggest that users will stay with older, cheaper technology for much longer than five years. And even though 4G penetration in emerging markets lags behind Western societies, many analysts now expect the tech to skip 4G and jump straight to 5G. Wireless backhaul is the most cost-effective tech for increasing 5G connections for mobile networks. So September’s contract win for MWE’s 5G dual-band backhaul product is the canary in the coalmine for the growth of this part of the business, to me. The company has sold thousands of antennas for 5G backhaul but mainly only for field testing, rather than overall 5G frameworks. What’s new about this deal with that it’s a single large order to be shipped all at once. As GM Dov Feiner says, it’s “indicative of the market moving forward with the adoption of 5G backhaul…We believe we are at the early stage of a global upgrade of cellular network infrastructure…This presents a major opportunity for MTI’s dual-band antennas as operators will need to increase the backhaul connectivity between cell towers to deliver these faster services.” Momentum investors will probably have half an eye on MWE already. The share price breached a 52-week high on 4 December 2020, hitting 68.5p. This was actually an all-time record for MTI Wireless Edge, surpassing its best share price effort since it was listed in 2007. It’s not particularly surprising that people have taken profits since then. MWE is now trading around the 60p mark, and I’d be looking to add more at this price. EPS growth has been in the mid-double digits for the past three years, and we keep seeing tasty six and seven-figure contracts being signed. Expansion into China with wireless irrigation control manufacturer Mottech is a bonus, and in terms of where growth is coming from, there is also the defence angle to MWE. We heard in November that the company had signed a $650,000 contract with an unnamed Northern European client to develop and manufacture military antennas. It was a timely reminder that while most of the antenna division activities focus on business to business tech like RFID and 5G, it also supplies tactical and comms antennas to airbone and naval vehicles like military planes and submarines. Defence is a steady earner for any company, and contracts once secured tend to be renewed across multiple years. Then the technology can be repackaged and sold into non-military markets. There’s a lot going for MWE. It’s been one of my best buys of 2020 and I’m looking to pick up a large tranche more on any short-term weakness.
30/11/2020
16:29
spaceparallax: Great recovery at close. There was a time when tiny sells would cause drastic dips in share price - thank goodness those times are gone. MWE have become a solid smallcap with telling interests in highly relevant growth areas, a good and growing order-book and with the financial muscle to enable that growth plus deep enough pockets to desensitise the share price The future here is very bright.
Mti Wireless Edge share price data is direct from the London Stock Exchange
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