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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Cml Microsystems Plc | CML | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 240.00 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 240.00 | 240.00 | 240.00 | 240.00 |
| Industry Sector |
|---|
| TECHNOLOGY HARDWARE & EQUIPMENT |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 02/07/2024 | Final | GBP | 0.06 | 01/08/2024 | 02/08/2024 | 16/08/2024 |
| 05/12/2023 | Interim | GBP | 0.05 | 21/12/2023 | 22/12/2023 | 12/01/2024 |
| 27/06/2023 | Final | GBP | 0.06 | 03/08/2023 | 04/08/2023 | 18/08/2023 |
| 22/11/2022 | Interim | GBP | 0.05 | 01/12/2022 | 02/12/2022 | 16/12/2022 |
| 05/07/2022 | Final | GBP | 0.05 | 04/08/2022 | 05/08/2022 | 19/08/2022 |
| 23/11/2021 | Interim | GBP | 0.04 | 02/12/2021 | 03/12/2021 | 17/12/2021 |
| 15/06/2021 | Special | GBP | 0.5 | 29/07/2021 | 30/07/2021 | 13/08/2021 |
| 24/11/2020 | Interim | GBP | 0.02 | 03/12/2020 | 04/12/2020 | 18/12/2020 |
| 09/06/2020 | Final | GBP | 0.02 | 23/07/2020 | 24/07/2020 | 07/08/2020 |
| Top Posts |
|---|
Posted at 19/11/2024 12:17 by roddiemac2 apatel 21Investment property is in the books for £1,975m I know not whether or not they are likely to achieve that.I note that they say property sales are subject to attractive terms being achieved. I will tackle them on this subject next week. A bird in the hand may be better than two in the bush. Cash outflows of £5.01m are made up of stage payments for the acquisition, Dividend payout, buy backs , and last but not least R&D The acquired company has contributed very well to date. |
Posted at 19/11/2024 08:34 by wad collector Ouch the HY are not encouraging, the 5p dividend is not even covered now.. |
Posted at 04/11/2024 21:34 by picnic GPIM were already a holder of 804735 or 4.99% according to cml website ,updated on1/11/24. looking forward to results on the 19th,hopefully news on progress of their DRM 1000. |
Posted at 04/11/2024 09:46 by yellowdog GPIM Ltd have purchased 5% of CML - anyone any idea who they are? |
Posted at 01/8/2024 07:20 by gleach23 Looks like there was an error in the detail of the results and that we are ex-div today and not 15th"Subject to shareholder approval, the shares will go ex-dividend on 15 August 2024 and the dividend will be paid to shareholders on 16 August 2024 whose names appear on the register at close of business on 2 August 2024." |
Posted at 15/7/2024 13:16 by roddiemac2 wadIt would be easy to check what customers of CML and other companies in the same arena are doing with stock levels.---Your comment is bizarre. |
Posted at 14/7/2024 22:06 by wad collector So is there really a stock overhang amongst the customers, or is that CML management spin? |
Posted at 28/3/2024 14:46 by wad collector Simon Thompson, having been tipping CML last year suggests hold FWIW. He points out that the customers that reduced stock are mostly buying from a monopoly and the Microwave Technnology acquisition will reduce the margins, the Shore forecast for 2023 is 3.9% yield and P/E of 10. |
Posted at 30/10/2023 14:59 by roddiemac2 NTV,It cannot have escaped your notice that many shares have been hammered in the last few weeks; the carnage has been fairly indiscriminate. Against this backdrop CML has fallen in mostly small daily volume.I don`t think that CML have lost credibility .With half year results due on the 5/12/23 ---not long to wait |
Posted at 14/4/2022 07:10 by sev22 'Tap into a lowly rated high growth technology play'A Maldon-based semiconductor chip designer and manufacturer is outperforming and is well funded to accelerate growth in a market that is exhibiting secular growth mega trends. It also offers hidden value. April 13, 2022 By Simon Thompson *Trading ahead of analysts’ annual pre-tax profit forecasts of £2mn, up from £1.1mn in 2020/21 *Net cash of £25mn (150p a share), up from £22.6mn at 30 September 2021 *Strong forward order book stretching beyond 12 months Maldon-based semiconductor chip designer and manufacturer CML Microsystems (CML:380p) is reaping the benefits of the strong secular drivers in its end markets. Following the strategic disposal of its solid-state storage division, CML is a pure-play on the high growth industrial communications market. Specifically, it provides integrated circuits to distributors and system integrators (Cobra, Hytera, Icom, Kenwood, Orbcomm and Sepura are all clients). CML is not only leveraging its standing as a key supplier to many of the world's Tier 1 equipment manufacturers, but is well funded to accelerate growth in a market that is exhibiting secular growth mega trends. Key drivers are increasing demand for data to be transmitted faster and more securely, the upgrading of telecoms infrastructure, and the growing prevalence of private commercial wireless networks for voice and data communications linked to the industrial internet of things (IIoT). In data-centric markets, higher data throughput from terrestrial and satellite communications applications are required to meet the needs of the growing machine-to-machine (M2M) and IIoT market segments. CML’s addressable market is worth $1bn (£768bn) and includes a number of key growth areas in the coming years: critical infrastructure (public utilities, smart grid, RF identification (RFID)); 5G (repeaters, small/pico cells, fixed wireless access, distributed antenna systems, smart meters); and satellite communications (terminals, broadband access). To address these multiple growth markets, CML has been expanding its semiconductor product portfolio by adding narrowband applications operating at the lower end of the radio spectrum. As opposed to broadband, these applications use short-range fixed-location wireless applications such as RFID, commercial vehicle remote keyless entry devices or narrowband-IoT focused on indoor coverage, low cost, long battery life and high connection density. The acquisition of a third-party design house, PRFI, has been instrumental in widening the product offering and addressable markets. PRFI is an approved third-party design house for several leading global semiconductor companies and boasts an impressive client roster that includes BAE Systems, Huawei, Inmarsat, National Semiconductor, QinetiQ, Samsung, Sony Semiconductor and Thales. PRFI was acquired not only for its expertise in microwave and millimetre-wave frequencies, including wide band applications for high data rate applications, but to speed up the time-to-market for new products. It’s doing just that, launching a new SµRF range of high frequency, high bandwidth integrated circuits targeting RF and millimetre-wave frequencies in emerging markets such as 5G, satellite and IoT. First orders have already been received from early-stage adopters within vehicle tracking and smart grid applications. Importantly, CML’s diverse, blue-chip client base includes some of the world's leading commercial and industrial product manufacturers, and the spread of its customers and diversity of the product range help protect the business from the cyclicality usually associated with the semiconductor industry. Moreover, CML’s proprietary IP, reputation for quality and reliability, and single-source supplier status means that once its chips are designed in a client’s product then it rarely loses a contract given the significant product redesign required for the client to take its business elsewhere. Furthermore, CML works closely with clients through the product development cycle, to reduce the time-to-market and de-risk the future sales cycle. Effectively, this ‘one-stop shop’ offering is an extension of the customer’s own engineering team. CML utilises a combination of outsourced manufacturing and in-house testing, employing 147 staff, of which 40 per cent are engineers, across operations in the UK, Asia and the US. Currently, a high proportion of sales are derived from Professional Mobile Radios (the network of choice for the police, ambulance service, military and other critical infrastructure markets), and data-centric wireless applications (critical infrastructure, public utilities, smart grid). 5G infrastructure (base stations, small cells, distributed antenna systems) and satellite communications are a smaller part of the mix, but their contribution is forecast to ramp up in the coming years. The secular growth drivers are driving revenue and profits upwards. CML has outperformed house broker Shore Capital’s previously upgraded full-year earnings estimates and is well set to lift pre-tax profit by 25 per cent to £2.5mn on 11 per cent higher revenue of £17.6mn in the new financial year. On this basis, the shares are rated on an attractive cash-adjusted forward price/earnings (PE) ratio of 15 and offer a prospective dividend yield of 2.8 per cent. A recently announced earnings accertive £3mn share buy-back programme is another bull point. CML has hidden value in its balance sheet, too, owning valuable unencumbered investment property near Chelmsford as well as the old Microsense facility at Portsmouth which is let to a third party. These properties were last valued at £3.78mn, a valuation well underpinned by rental income of £0.34mn. In addition, the unencumbered property and 29 acres of surplus land at the Maldon headquarters has a £4.5mn carrying value, or less than half its estimated open market value. I initiated coverage, at 400p, earlier this year (Alpha Report: ‘Profit from semiconductor megatrends’, 4 February 2022), and see potential for almost 50 per cent share price upside to my 550p target price. BUY. |
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