MWE MTI Wireless Edge............ chart shows a steep rise on increasing buy volume.
Trades on a P/E of 15, the sector average being around 33. Looks very under valued. Should be plenty of growth here despite the general gloomy market conditions due to the geo problems between the US and North korea.
Below is just a summary of recent bullish developments.
<b><u>MTI Wireless Edge company news</b></u>
MTI Wireless wins $1m contract
Wednesday 09 Aug 2017 09:23
MTI Wireless bullish on future growth
Tuesday 08 Aug 2017 07:55
FLASH: MTI Wireless profits up three-fold
Tuesday 08 Aug 2017 07:15
MWE notes major expansion into the Chinese market
Monday 19 Jun 2017 07:30
MWE MT Wireless Edge LTD..........SP more or less gone up in a vertical line since
2nd Qtr results on the 8th August. Looks to be a lot of growth in this stock.
From the results statement.....
<b>"During the first half of 2017, we have continued to see growth in both segments of our business. In our wireless controller segment, via Mottech, we continue to see opportunities in various geographical areas, some of which we announced recently including in China, where we see traction from various sectors and territories. In the antenna segment we had a very good first half, in both the broadband access and RFID product lines, whilst in the military division we had good bookings and a good pipeline of opportunities, which provides us greater visibility of longer-term revenues. Given the current performance, order book and pipeline of opportunities in the antenna segment, we strongly believe that our growth will continue in 2017 and beyond."</b>
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