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Results: MTEC

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EPIC MTEC
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Made Tech – interims, still “pleased” with the trading performance?

Previously writing on group describing itself as “a leading provider of digital, data and technology services to the UK public sector” Made Tech (MTEC), earlier this month with the shares up to 32.5p I questioned its stated “delighted to have delivered another period of strong growth”. The shares most recently closed at above 38p but are currently heading back down towards the prior-noted level on the back of a half-year results announcement.

EPIC MTEC
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Made Tech – “delighted to have delivered another period of strong growth”. Really?

Describing itself as “a leading provider of digital, data and technology services to the UK public sector”, Made Tech Group (MTEC) states that it “is pleased to provide a half year update on trading for the six months ended 30 November 2022”. Hmmm, that’s taken a while then, though what of the shares currently having responded 21.5% higher to 32.5p?
EPIC MTEC
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Matchtech – full-year trading update, these shares are a buy

Having commenced the year at above 500p and been around 400p just before the Brexit vote, shares in specialist engineering and technology recruitment group, Matchtech (MTEC) are currently recovering to above 350p on the back of a “Trading Update for 12 months ended 31 July” announcement…

EPIC MTEC
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Matchtech Group – positive full-year trading update, but would I buy the shares?

Specialist engineering and professional services recruitment agency, Matchtech (MTEC) has updated that for its year ended 31st July 2014 it “has continued to trade well in the second half of the year, with results now expected to be slightly ahead of current market expectations”. The following reviews with the shares currently up to around 590p on the back of the trading statement.

EPIC MTEC
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Matchtech Group – positive half-year trading update, but is it a buy?

Specialist engineering and professional services recruitment group in the UK, Matchtech (MTEC) has updated that it “has continued to trade well and expects its results for the full year to be slightly ahead of current expectations”. This looks to have temporarily at least arrested a declining share price after hitting 625p last month but, having risen from 238p at the commencement of 2013, do the shares now, at 562.5p, fairly reflect the value here?

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