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Mpac Group - Clean energy opportunity

February 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • MPAC
  • Price:
  • 235p
MPAC has seen an improved H2 with a strong closing order book. As reported in July, H1 was impacted by supply chain disruptions but by increasing stock levels, securing alternative sources of electronic components and focusing on supply chain management and cost savings initiatives, MPAC was able to improve margins and profitability in H2. The inventory build - and adapting to lengthened project build timing - has taken debt to c.£4m but as it burns that inventory, it will move back towards £5m cash. The order book stands at £69m and along with an increasing prospect pipeline, it provides good revenue visibility for FY 23.   MPAC also continues to make progress on the framework with FREYR. The next major milestone in Q2 is the del ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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