Member Info for oilriches

i am fine and am well under the current sp. ppl have been burned by the fall here

and currently 20% UP

$0.5M CONTRACT WIN FOR MTI WIRELESS EDGE MTI Wireless Edge Ltd (AIM: MWE), the developer and manufacturer of sophisticated antennas and antenna systems, is pleased to announce that it has secured a new contract worth over US$0.5m for a commercial BWA antenna solution. MTI CEO, Dov Feiner, commented: 'We are delighted with this order for our legacy antenna product line which gives us confidence in the long-term prospects of this segment. We included in this offering, to our customers, some new additional elements for the first time alongside the antenna already providing a comprehensive solution including integration.'

is ok when you get to know him

like it has been an unloved stock pablo but a very good company

over 12 months is expected to be about $13million

Highlights • Acquisition of Mottech, a provider of wireless control products and services to the water management sector. • Mottech's revenue for the period of May to December 2014 was 26.5m NIS (US $6.6m). • Gross profit for Mottech during the period of May to December 2014 was 11.1m NIS (US $2.8m). • Mottech has 60 employees and a presence in 5 continents via subsidiaries and resellers. • Earnings enhancing acquisition with revenue and profit growth potential. • Platform for MTI to expand business strategy from the manufacture of antennas to include the provision of wireless services with recurring revenues. • Funded out of MTI's existing cash resources and new bank facilities to be put in place.

Highlights · The results include one month consolidation of our newly acquired wireless irrigation solution provider, Mottech Water Solutions Ltd ("Mottech"). · Revenue increased by 13% to US$8m (H1 2014: US$7.1m). · Operational profit increased by 150% to US$0.5m (H1 2014: US$0.2m). · Total comprehensive income doubled to US$0.5m (H1 2014: US$0.25m). · Dividend of US 0.68 cent per share paid on 2 April 2015. · Shareholder's equity of US$17.8m (at March 31, 2015: US$17.8m), equivalent to 22.2 pence per share (a 100% premium to the closing mid-price on 26 August).

the results expansion is all taking place and circa $3 million sitting in the bank

profits up 150% and that is half of the year and a divi on top

good to me

another case here of investors being locked in.

https://m.youtube.com/watch?v=9JvYzfOSaso

a million buyer here

watching paint dry at the moment

I have been in here since about April / may but need to check my trades when i next log into my dealing account. This will be a share to watch and one u can sleep well knowing it is well cash backed

Hi. A quick summary is sey have over $106 million in cash and no debt which is equal to 29p share. Don't expect any activity with the drill this year but they are likely to drill in Mauritania early next year. Somaliland 2d will start in 2016 and a drill in early 2017 (sey are free carried on this gem of the sey asset for 40%). I wouldn't expect much from Cameroon or Madagascar but sey are in a great position to pick up new assets. over the next 18 months these should be 50p +

this looks solid mate

Bean up that makes good sense to me. I think Sey will start to move into the 20p s when oil price recovers

Check this one out http://bit.ly/1R5qGMM