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MAI Maintel Holdings Plc

275.00
21.00 (8.27%)
Last Updated: 08:00:00
Delayed by 15 minutes
Maintel Investors - MAI

Maintel Investors - MAI

Share Name Share Symbol Market Stock Type
Maintel Holdings Plc MAI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
21.00 8.27% 275.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
275.00 275.00 275.00 254.00
more quote information »
Industry Sector
SUPPORT SERVICES

Top Investor Posts

Top Posts
Posted at 29/6/2021 05:26 by brummy_git
Just in case you missed it yesterday.

Marvellous insights from Christopher Mills of Harwood Capital - a world class investor - talking about top quality stocks, such as Maintel.

Heaven personified

www.linkedin.com/posts/paul-hill-a5994116_vox-markets-fund-manager-interview-with-chris-activity-6815288599295123456-BgJJ
Posted at 06/4/2020 17:01 by galaxy enforcer
RNS Number : 9450H

Maintel Holdings PLC

30 March 2020

Maintel Holdings Plc

COVID-19 and Results Update

Maintel Holdings plc (the "Group" or "Maintel") today issues the following update in light of the rapidly changing developments regarding COVID-19 and the timetable for the publication of its audited financial results for the year ended 31 December 2019 ("2019 Full Year Results").

The Company reports that trading for the first quarter of the financial year ended 31 December 2020 is in line with expectations. It has seen an increase in demand for cloud services in this period, but is now starting to see customers putting certain projects on hold and delaying placing orders in response to COVID-19.

The unknown duration and extent of the macro and micro economic consequences of the pandemic makes predicting future near term demand for the Company's offering difficult at this stage. However, it is worth noting that approximately 70% of the Company's revenue for the last financial year was recurring, providing a base level of visibility for revenues in the current period. We continue to monitor the situation closely as it develops and will update investors further when we announce our 2019 Full Year Results.

Enabling organisations to facilitate flexible and remote co-working with business continuity support and delivery is a core competency for Maintel and we are engaged in many projects with clients in both public and private sectors, helping them to keep critical services running through this period.

Owing to recent unprecedented events, the release of the audited 2019 Full Year Results will be delayed. A further announcement will be made as appropriate regarding the expected release date.

The 2019 Full Year Results are expected to be in line with the trading update published by the Company in January 2020, with revenue of approximately GBP123m and adjusted EBITDA of approximately GBP10.8m excluding IFRS 16 adjustments and approximately GBP11.7m including IFRS 16 adjustments.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014
Posted at 19/1/2020 00:31 by galaxy enforcer
It categorically seems as though the drop here has been exhasperated and I do feel that there will shortly be a quick re-rating of this stock. Bare in mind that it is profitable and still paying a dividend so will be attractive to both traders and Investors. The last news, in reality, hinted towards delays and these contracts could come in at anytime so I will be looking towards a buy shortly.
Posted at 20/12/2016 09:46 by nfs
Drifted down, bored investors ?
Posted at 09/3/2015 08:54 by henryatkin
The lowish free float helps keep away the traders looking for a quick 5-10% and also shorters, so not all bad as far as investors are concerned.

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