Mobile Tornado Group (MBT)

Sector:

Telecom Operators

Index:

FTSE AIM All-Share

 3.32p
   
  • Change Today:
      0.000p
  • 52 Week High: 5.25p
  • 52 Week Low: 2.98p
  • Currency: UK Pounds
  • Shares Issued: 379.74m
  • Volume: 28,946
  • Market Cap: £12.61m
  • RiskGrade: 142

Sector movers: M&A activity lifts telecoms higher

By Benjamin Chiou

Date: Monday 17 Jun 2013

LONDON (ShareCast) - Strong gains for Vodafone were lifting the mobile telecommunications category higher on Monday afternoon as news of M&A activity across the sector boosted share prices.

Shares in the Eurozone’s largest telecoms group, Telefonica, rose in Madrid today after it was rumoured that US titan AT&T made an eye-watering $93bn bid for the heavily-indebted company.

Though the Spanish firm denied the reports, the positive readacross lifted stocks in London with Inmarsat, Mobile Streams and Mobile Tornado making gains.

Last week, Vodafone made a preliminary approach for Kabel Deutshland. Both companies did not actually disclose any details but it has widely been reported that the initial approach of €7.0bn (£6.0bn) was brushed off by the German cable operator, causing Vodafone to drop sharply last week.

However, speculation of a revised offer has given the shares a lift in recent days though The Sunday Times reported that Vodafone would have to put a whopping €11bn on the table if it wants to take over the German firm, comprising €8.0bn in cash and a debt pile of almost €3.0bn.


Top performing sectors so far today
Mobile Telecommunications 4,320.79 +2.79%
Household Goods & Home Construction 10,526.88 +2.29%
Personal Goods 22,191.81 +1.80%
Support Services 5,900.52 +1.75%
Financial Services 6,583.95 +1.50%

Bottom performing sectors so far today
Technology Hardware & Equipment 996.28 -2.90%
Industrial Metals & Mining 1,369.15 -1.55%
Oil Equipment, Services & Distribution 22,245.43 -1.07%
Forestry & Paper 8,627.86 -0.56%
Mining 15,868.91 -0.28%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MBT Market Data

Currency UK Pounds
Share Price 3.32p
Change Today 0.000p
% Change 0.00 %
52 Week High 5.25p
52 Week Low 2.98p
Volume 28,946
Shares Issued 379.74m
Market Cap £12.61m
RiskGrade 142

MBT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.96% below the market average15.96% below the market average15.96% below the market average15.96% below the market average15.96% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
54.24% below the market average54.24% below the market average54.24% below the market average54.24% below the market average54.24% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Income Not Available
Growth
18.24% above the market average18.24% above the market average18.24% above the market average18.24% above the market average18.24% above the market average
Sector averageSector averageSector averageSector averageSector average

MBT Dividends

No dividends found

Trades for 24-Jan-2020

Time Volume / Share Price
14:33 17,500 @ 2.98p
11:43 11,446 @ 3.39p

MBT Key Personnel

CEO Avi Tooba

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