Previously writing on group describing itself as “a leading provider of digital, data and technology services to the UK public sector” Made Tech (MTEC), in February with the shares heading down towards 32.5p I noted its first half performance left it needing to deliver a lot in its second half. Now, ahead of its year ending 31st May, a trading update... and the shares heading down towards 20p!
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.
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?
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…
Matchtech Group (MTEC) may not be a name which is familiar to most of us, including myself, but it does appear to be a decent recovery situation from a technical perspective of the shares. But can the share price live up to its billing?
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.
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?
Specialist engineering, technology and professional services recruitment group Matchtech (MTEC) has updated that it “has continued to perform in line with the board's expectations” as “demand for contract recruitment continues to grow and we are seeing the first signs of permanent candidate confidence returning”. The following updates with the news having helped the shares further higher to a current 560p.
Specialist engineering, technology and professional services recruitment group Matchtech (MTEC) has announced what looks a compelling bolt-on acquisition…
Following my recent analyses in the staffing sector (see HERE), AIM-listed, UK specialist engineering and professional services recruitment company, Matchtech Group (MTEC) has today updated on its year ended 31st July 2013. The following reviews…
