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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Mtl Instruments | MTI | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 705.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 705.00 | 705.00 |
| Top Posts |
|---|
Posted at 14/10/2019 00:53 by davidosh Just to let shareholders and potential investors in MTI Wireless know that the management team will be exhibiting and presenting on the first day of the two day Mello London investor conference in Chiswick London W4 on Tuesday 12th and Wednesday 13th November and there will be an opportunity to take part in a Q&A at the end of each presentation. These are just a few of the companies taking part...There will also be lots of quality keynote speakers, panel sessions and round table discussions looking at investment strategies & portfolio diversification plus sessions on.... How does a market maker work your share trades? What is undertaken in a company audit? What is hidden on the dark web? & how can retail investors get access to placings? If you would like to join the thousand investors at the event you can gain 30% discount on your ticket by entering the code ADVFN30 when you purchase your ticket. |
Posted at 30/6/2007 10:28 by rivaldo From today's FT - interesting article. MTI should benefit on Monday - and it's ISAble too:"How should investors behave in uncertain times like now? A good strategy is to invest in rapidly-growing companies that are strongly positioned in specialty markets. These have the best chance of defending profit margins in tough times. A good example is MTL Instruments, a small company which is a major player in the development and supply of safety explosion protection devices. In an increasingly safety-conscious world, this sector is growing in importance. MTL has been riding high in recent years with double-digit increases in turnover and earnings. A small but steadily rising dividend adds frosting to the cake. Best of all, the small size of the company caused it to slip under the radar screens of some City analysts." |
Posted at 30/3/2005 13:59 by gopher Another positive step this morning after good recent results. Looks good fo 300p soon but could go higher if the stock is picked up by investors as it seems under researched |
Posted at 04/12/2003 14:24 by ianmacg Tip from the share weekly, as you see its a couple months old but nothings changed other than the entry price???Friday, September 05, 2003 MTL's prospects look MOST impressive MTL Instruments Group Business Summary Design, manufacture and marketing of electronic explosion-protection instruments and devices for use in the measurement and control of industrial processes carried out in hazardous environments. Market: Main Website: www.mtl-inst.com The case for buying shares in MTL Instruments Group has much to do with MOST. This is a new product (to be described below) that chief executive, Graeme Philp, tells me could become bigger than the whole of the rest of the business. This is an exciting prospect since it is likely to command high margins. Reassuringly for investors, MTL is a business with a long record of success and is highly regarded by the giant companies in the oil, petrochemicals, pharmaceutical and other process plant businesses that use its products. The shares offer an unusual combination of solid value with considerable speculative potential. Market Data EPIC Company Share Price Market Cap £m PER Dividend Yield% 12-Month hi-lo Company Report MTI MTL Instruments Group 192.50 35.72 35 3.12 77.50-192.50 There is more to the case for the shares than just MOST. MTL consists of three divisions, intrinsically safe electronic controls for industries processing hazardous materials, equipment for preventing dangerous power surges widely used in the telecommunications industry, and the new product, MOST. There is a real possibility that after some difficult years all three divisions could start to prosper simultaneously; that won't happen this year and maybe not even next, but looks very likely on a three- to four-year view which is an attractive time horizon for investors. Oil price collapse in 1998 launched tough period for MTL Until a few years ago, electronic controls for processing hazardous materials where almost the whole of the group's business. The customers were overwhelmingly in the oil and gas business, which made MTL's fortunes depend on the oil industry and the price of oil. Putting it simply, MTL provides controls that make it safe to use electric power with highly combustible materials. These are vital products with lives at stake, so quality and reputation is a higher consideration than price. MTL has over 30 per cent of the world market and enjoyed years of strong growth as a result. Problems began in 1998 when the oil price fell to $10 per barrel, triggering a downturn in the industry and hitting capital spending budgets. When the oil price began to recover, demand was again slammed by the September 2001 attacks on the World Trade Centre. However there are now signs of a durable recovery in demand. This, combined with tight control of costs, down by £1.4m in the six months to 30 June, has enabled the company to report a 29 per cent increase in operating profits at a time when conditions generally are described as challenging. The continuing negative for the company is its Surge Protection Division. This was a strong source of growth in the late 1990s and early 2000s but since then demand has been depressed in line with the demoralised state of the global telecommunications industry, especially in the USA where MTL does much of its business. The weakness of the US dollar has been another negative factor. Choice between boosting profits or developing exciting new products In the face of adverse conditions in both its core businesses, Graeme Philp says the company had to make a choice between trying to deliver continuing good profits and rising dividends or ploughing money into developing the MOST product. The decision was taken to keep investing and hope that shareholders would appreciate the long-term benefits. Perhaps because of the general bear market this proved a vain hope in the short term. Although profits have been gently grinding higher since 1999, albeit at levels below the 1998 peak, the shares have been savaged. They fell from a peak over 400p in 2000 to a recent low point of under £1. Shareholders may not have liked, or more probably, not fully understood what was happening, but, as a result of that decision, the likelihood is that in a few years time the group will be making profits well above the 1998 peak of £5.4m and the shares too will have far exceeded the 2000 peak. MOST at heart of open systems revolution MOST stands for Modular Open Systems Technology. It heralds a transformation in the way the process control industry operates. At the moment, hardware for the process control industry is made by a number of different companies; they include giants like Honeywell, Emerson and others. Customers had to choose to go with one or the other for all their requirements. The move to open systems means that the hardware will come in the form of modular components that can be snapped together to form the hardware basis of a control system. The giants like Honeywell will compete to supply the process control software to make the systems work. As with personal computers, the big money is in the software that will enable the same hardware to work in very different industries from breweries to chemical plants. MTL says it doesn't mind being stuck with the increasingly commoditised hardware end of the business. It is never going to suffer the same cut-throat competition as is seen in consumer markets and is used to making money from high volumes of production. MTL is, in any case, just as much an intellectual property and know-how-type of business as the US and Japanese giants. One of its future plans is to outsource production to specialist third party manufacturers in places like China. Just like Dell with its emphasis on product design and marketing, there is no need any more for a company like MTL to actually make anything. £16m spent in eight years developing MOST Although MOST has the most exciting prospects, that is not the only interesting piece of new technology coming out of MTL. Another important new product that is just starting to have an impact is FieldBus. This brings the digital revolution into the world of process plant by providing, in effect, an ethernet to link the control equipment. This replaces the old cables making the new systems cheaper to instal and operate and building in capabilities such as self-diagnosis of the system, making maintenance cheaper. Financial Data Fiscal Year Proj Turnover £m Pretax Profit Change % EPS Change % DPS Change % 2002 60.1 3.70 NA 14.9 NA 6.00 NA 2003 * 64.0 4.50 21.6% 17.6 18.1% 6.00 0% 2004 * n/a 5.40 20% 19.9 13.1% 6.00 0% EPS - Earnings per Share DPS - Dividend per Share An idea of the potential for the group comes from some numbers on MOST. In the last six months MOST accounted for £7.6m sales out of £29.9m and £1.2m of losses against an overall operating profits of £1.8m. Over the last eight years some £16m has been invested in developing MOST. The plan is for the division to break even in 2004 and make profits thereafter. Very little of this potential is recognised in a market valuation of £35.7m. The Share Weekly Quality Ratings Relative Strength 10-year Trend Latest Trading Profit Forecast Ratios External factors TSW Rating 6 |
Posted at 02/2/2003 17:24 by affc21 LONDON (AFX) - MTL Instruments Group PLC moved to reassure investors afterits recent share price drop by saying it expects results for the year to Dec 31 to be in line with market expectations. More info: Has any one got any thought's on this company. |
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