Member Info for RunThoseProfits

Volumes today were over 4 times the average traded volumes. Some large trades today including a very large buy trade after hours. Institutions at work? Presentation tomorrow should be interesting. All looking for clarity on health of the order book and clarification of that book-to-bill ratio of 0.41 referenced in this weeks results.

The shares have an average volume trade of approx 30k per day. Today we had approx 285k bought and 40k sold. Perhaps an institution taking a new or increased position?

i agree with you, iwantthatone. i haven’t yet had a chance to study the details of the results today but from a quick read through and from reading other commentary today that’s the only real question mark i’ve noted. but the company stated it is on track to meet 2025 expectations and plans to double revenues in the coming few years. you can’t do that if orders have slowed down. hopefully we’ll get clarity from the presentation on fri. will also be interesting to get simon thomson’s take and follow up from mpac through **********.

My goodness, Aim can be a frustrating market. Like many good, stable businesses during earnings season in recent months, MPac announced a terrific set of results today - record revenues, record profits, record closing order book, delivering well in advance of its existing five year plans, two new acquisitions being integrated on plan, plans to double revenues … and the shares are down just over 3.5%. This is a great business and I’ve no doubt will deliver on its plans. When will the market wake up to the value in this and other great UK small caps?

Dartron - I agree with your comments. The company is very poor at communicating with private investor shareholders and provide limited trading updates so it is difficult to gauge what is going on and what is driving the sp. Your point re the shorters reducing their positions as a potential signal of when things may take an uptick makes sense. I expect we will see further acquisitions in the near to mid term as has been the case for a number of years and sign-posted at the final year presentation as their continued intention. Like you I like the company and see it as a long term hold which I expect will continue to grow and develop as long as they continue the excellent execution of strategy we’ve seen in the past few years.

Sorry Dartron. Missed your response on this. I tend to agree with you re the current market opportunity. The million dollar question of course is when will markets waken up to the value available here? Perhaps the capital flight from us equities seeking value elsewhere might be the start. I just hope Keynes’ quote of markets staying irrational longer than investors can remain solvent doesn’t hold true. Patience and cool heads are definitely required.

I can only see 5 listed Dartron, but most of those shorts theatre listed have increased their short position in the past 5-6 weeks. Like you, it's a mystery to me as to why - but they have been correct, so one can't argue with them. The share prices has dropped from high 800's last summer to sub-500 now. As you've said in other posts these guys have access to much wider, deeper analysis than we have and so when they short you really ought to ask why. I sadly haven't and so will hold this as a recovery play as I believe in the business and their execution of a clear strategy.

They’re a decent buy Lorenzo with significant potential upside. It’s a little baffling that the share price hasn’t appreciated more after a strong recovery in the past 2-3 years. They are positioned now to return value to shareholders. I will increase my position when it can.

OTB was listed as one of thirty possible takeover targets by investor chronicle this week by virtue of the fact that the shares meet the criteria for their value screen which looks at the ratio of enterprise value / operating profit. Perhaps unlikely in the current climate but a reminder of the fact that the shares represent good value and offer some margin of safety.

Good to see Artemis taking a position today and Liontrust increasing theirs.

Thevolume of shares bought today was more than three times the volume sold - and yet the SP is well down. Why?

It's an interesting question, Lorenzo. I would expect that at least part of the answer to your question would be that OTB will have purchasing power through their relationships with airlines and hotels. They say they are not tied to particular airlines or hotels but I'd expect thatchy have a network of suppliers and partners through which they can create purchasing power and pass on economic value and choice to their customers. An AI app wouldn't have such an asset - or it would at least take some considerable time to develop. OTB are also looking to make it as easy as possible to plan, book and finance a holiday to increase 'stickiness' as they refer to it.

My concern, Karen, is the potential for a drop in advertising not that people will stop listening to podcasts - if anything they will listen more, I suspect! But there are real signs of the US economy stalling and possibly heading for recession. That wouldn't be good for advertising. Boom may be volatile for a while but I'll hold for a recovery.

Sorry - that should read I note that there is another short position on this share..."

I note that there is yet another shornpositionon this share - there now being five in total. I'm not sure what I'm missing as this business gave a fabulous set of results and outlook only a few days ago. If anyone can enlighten me I'm all ears.

the ceo and fd give presentations to ********** (i believe mpac is a voxmarket client) - the last being just over a couple of months ago. i suspect we'll see a further presentation with them as we approach the half year or shortly thereafter? it's perhaps too early for any company to give a clear view on tariffs. april 2nd feels like a significant day for europe on that front.

What a frustrating share this has been for quite some time now. Despite posting as strong a set of results (and outlook) as one could hope for the shares have fallen back. One day, Mr Market will wake up and these will re-rate.

Interesting that Doxa Partners have increased their steak today to just over 7%. They appear to specialise in investing in early growth businesses.

Sorry that should read 8% spread!

The MM's are hardly encouraging buyers with an % spread today. Come on!