Maintel Share Discussion Threads

[galaxy enforcer] 07/4/2020 10:44

Nice to see that the news is now being absorbed and the share price is reacting accordingly. A big takeaway here is the news on customer adoption of Maintels Cloud based offering. This will certainly be a big driver.

[galaxy enforcer] 06/4/2020 17:01

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

[galaxy enforcer] 06/4/2020 16:50

Interesting purchase by the CEO of Daaisy Group upping his stake.

[galaxy enforcer] 04/3/2020 13:47

Had a sneaky little buy at this level. One to tuck away for when people realise the value. Https://www.computerweekly.com/microscope/news/252478164/Maintel-boss-confident-of-transforming-the-business

[galaxy enforcer] 03/3/2020 17:18

Quite a harsh drop based on an 18K sale IMO

[blusteradjuster] 21/1/2020 10:25

A record of disappointment and a perception that this is a company in decline probably explains the lowly rating. A lot depends on whether the new CEO (who has a decent background) can turn things around. Interesting that a (smaller) competitor has upped its stake recently. That said, the new CEO doesn't appear to have been putting his own money on the line yet..

[galaxy enforcer] 20/1/2020 12:48

Well currently 275p to buy. I do like the value in this stock and also the current dividend which is hopefully set to grow back to previous levels.

[galaxy enforcer] 19/1/2020 00:31

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.

[knowing] 17/1/2020 16:27

Well I had never heard of these prior to the recent drop. Looking at the numbers I will do a little more research over the weekend.

[dave444] 17/1/2020 15:52

The company buy a monthly amount of their own shares as well

[knowing] 17/1/2020 14:26

Well this looks attractively priced. Holding RNS today looks like a competitor buying more stock. Currently about 2000 shares available at current offer.

[dave444] 11/1/2020 13:35

Directors will be buying more again through the monthly purchase plan

[wton1] 10/1/2020 23:08

Black hole

[dave444] 10/1/2020 20:50

Clearly a rebound is due!

[fastbuck] 09/1/2020 11:01

Finncap note is looking for 51.8p EPS adjusted for the usual items amortisation of acquired assets etcKeen to see the debt level, Finncap said it will be c 2xEBITDA which isn't too bad which should make it fairly straight forward to renegotiate the debt facility next Spring 2021

[dave444] 09/1/2020 08:32

A good entry point for me

[fastbuck] 09/1/2020 07:56

£1m EBITDA fall from £12.7m last year, disappointing after hoping the new CEO appointed & CFO buying. Maybe the bottom after these results are absorbed, if the cost of lost opportunities elsewhere is worth holding.

[gary1966] 09/1/2020 07:40

Yep just hope the divi cut has the VOD effect. Still cheap on an EV basis. My concern is liquidity, few sells could cause quite a drop.

[pejaten] 09/1/2020 07:15

This company consistently disappoints

[fastbuck] 03/1/2020 07:40

Positive interims, a new CEO in from Avaya, CFO buying shares in the market in October as well. Hoping these positives outweigh the risks mainly the debt, the slow speed of pay down and the prospect of a dividend cut to assist with the debt. Debt facility expires around April 2021, they will have had to have renegotiated a new facility for the remaining debt by then.

[buffetteer] 02/9/2019 08:38

8% yield while you wait . Cheap as chips 6x PE. Nearly 13% free cash flow yield -ie the cash profit you’re making on your shares .

[asagi] 02/9/2019 08:04

looks like the CEO has paid for the Azzurri acquisition and the general lack of progress at the company. Asagi (long MAI)

[asagi] 15/8/2019 12:03

was the Azzurri acquisition a success? Shareholders backed this at 700p a share in April 2016. Asagi (long MAI)

[kannerwas] 18/3/2019 10:14

Pleasing results here this morning, well received by the market. Good cash generation, a reduction in debt, a dividend yield of 6%, 70% of revenues now on a repeat basis, the prospect of around 10% growth in revenue in 2019, a P/E of about 8 on adjusted earnings. All the building blocks are in place for a significant re-rating over the next year or so.