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385k trade after hours at full 14.5. Expect this opens high
Aren’t results due next week aswell? Of course they won’t include the new revenue stream of 19.5m but we will know that may fit in value wise!
Exactly. As I've been saying on here for over 6 months 14p a share undervalues the MTEC business significantly on the numbers and messaging below:
* Adjusted Reported Profit before Tax is up +343%.
* Adjusted Reported EBITDA is up +180%.
* Contracted Reported Backlog is up +28% at £61.3m.
* The drive by the UK government to digitally transform public services means that Made Tech is well placed to deliver long term growth. The £19 Million contract win confirmed yesterday is likely to be the first of many announced now that we are in the Govt's new tax year for Govt departments to spend 'spend spend spend' before the election.....
* MTEC is debt free and has a strong balance sheet with £7.9m net cash at the Period end.
* The re-rate in the share price is happening. This was 37p a share 12 months ago and x 10 at 140p in 2021.
Good luck, Brighty
45 p by end of May.
No bumps now ..smooth road ahead for the next 3 years with guaranteed £10 million a year ìn revenue.
Would expect £55 mil revenue in FY 25 with £6 million Ebita
45 p by end of May.
No bumps now ..smooth road ahead for the next 3 years with guaranteed £10 million a year ìn revenue.
Would expect £55 mil revenue in FY 25 with £6 million Ebita
Davy will do his Houdini act and disappear hopefully! Can see late teens today, some big trades filled before the bell yesterday. Remember management hold 45% here and another 30 odd held by majors. That is one small float to accommodate such big contract wins.
Why what is happening at 9?
I see the long termers are all over this one until 9am tomorrow when they do their great Houdini act
I meant the last trade to come through rather than of the day. I would argue it was a sell, I reckon the price ticked back up at the order being filled. Regardless it trade of 14.5 sets us up very nicely for tomorrow! Good luck
Last real trade of the day was a sell at 13.777 for 15,800 shares. There is a delayed trade of 250,000 shares posted afterwards and that is also a sell based on price and time; nice little profit for someone who bought in earlier.
What a surprise the last trade to come through another 250k buy, I counted five maybe six of them today. 1.25 mil, someone’s loading up and it’s holding us back as no sellers to support. MM will need to sharpen their pencils tomorrow, this should open 14 plus and move again, re rate here looks to be a good one.
;) 30 to play
Now that is a big call!
15 on the offer! It will finish top of the board today, BSE will dip
NT on HL, where now? 👆🆙🆙 and away
Expecting breakout into close and a big gap up tomorrow.
Looks like they are warming up the roman candles as we speak rick
Let’s hope they compound this contract win with another shortly and then we will see proper fireworks. 🎇
NOW 14.2 TO SELL!!! Its off to the races, inevitable
FCK it sold my Kainos bought here. Hopefully the right decision as Kainos has treated me well. But you know what they say “never fall in love with a share”
Portfolio still balanced!
Looks a better app than Kainos but great comparison for how things may look down the line!
Have Kainos, but this looks like a similar setup
Interesting
Train ready to depart grab your seat Rick! This is a diesel locomotive no need for Petro lol
Petro where are you 😂
Alot of order filling earlier on, MM struggled as very very few sellers down here for the obvious reason! With some greater liquidity the price should start to tick up by 14p