Manx Telecom Share Price (MANX)

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Share Name Share Symbol Market Type Share ISIN Share Description
Manx Telecom LSE:MANX London Ordinary Share IM00BHY3RF70 ORD 0.2P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 215.50 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Fixed Line Telecommunications 81.47 11.57 10.45 20.6 248
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 215.50 GBX
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Date Time Title Posts
29/5/201915:45Manx Telecom PLC MANX346

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DateSubject
03/3/2021
08:20		Manx Telecom Daily Update: Manx Telecom is listed in the Fixed Line Telecommunications sector of the London Stock Exchange with ticker MANX. The last closing price for Manx Telecom was 215.50p.
Manx Telecom has a 4 week average price of 0p and a 12 week average price of 0p.
The 1 year high share price is 0p while the 1 year low share price is currently 0p.
There are currently 115,094,463 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Manx Telecom is £248,028,567.77.
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28/5/2019
06:15		robsy2: I think we are done here. I am now looking for an income producing stock to replace MANX. Any suggestions welcomed. Thanks R2
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23/5/2019
10:46		cwa1: Morning S Yes, I had today down as the date for payment. It says this though: The latest date for the despatch of cheques or the settlement of the consideration in relation to the Scheme is 23 May 2019 (being 14 days after the Effective Date). Kind of hoping it isn't by cheque to brokers though, as that might add a few days to the process. Thankfully I'm not in a rush as I've become somewhat nervous of markets and have been moving heavily towards cash in the past month or two, therefore have plenty of cash to play with across the portfolios. FWIW, I was a holder of MANX across three different brokers. None have debited the cash yet. However two out of the three have coughed the dividend so far with only iWeb dragging their feet( a common issue with them I've found, unfortunately).
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08/5/2019
13:40		stevegrass777: It means your cheques in the post. And manx is nearly de listed.
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08/5/2019
06:52		cottoner: Manx Telecom plc ("Manx" or the "Company") is pleased to announce that the Scheme was sanctioned by the Court earlier today. It is expected that the Scheme will become effective on 9 May 2019. Dealings in Manx Ordinary Shares will be suspended from trading on AIM with effect from 7.30 a.m. on 8 May 2019. Subject to the Scheme becoming effective, it is expected that the admission of Manx Ordinary Shares to trading on AIM will be cancelled at 7.00 a.m. on 10 May 2019.
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06/2/2019
08:04		cwa1: 6 February 2019 Manx Telecom Plc Update on Goshawk Communications Manx Telecom Plc (AIM: MANX), the leading communication solutions provider on the Isle of Man, is delighted to provide the following update on the progress of Goshawk Communications, which sits within Vannin Ventures, Manx Telecom's international growth vehicle, towards the UK launch of its innovative hearing enhancement product. In September 2018, Manx Telecom announced the launch on the Isle of Man of MT clearSound, a new, personal mobile phone product which dramatically improves the clarity of mobile phone calls. At the same time Manx Telecom announced that the underlying Goshawk technology would be made available in the UK via the EE mobile network. In December at a Capital Markets Day, Manx Telecom provided further detail on the planned rollout using an MVNO structure, including the intention to unveil a new consumer-facing brand in February. Today Goshawk Communications announces the brand name for the mobile phone proposition it will launch in the summer of 2019 as 'Audacious'. In line with the plan outlined at the Capital Markets Day, a company trading under this name and operating from its own premises under the leadership of CEO Rob Shardlow is now driving the continued development of the proposition and launch planning activities. Its current focus is on further building industry relationships and building the organisation's capability, before moving on to build consumer awareness nearer to launch. The brand name will be supported by a vibrant brand identity, which delivers against three core design principles, which have proven importance with target customers - clear, human and connected. In parallel with the launch of 'Audacious' in the UK market, Matthew Turner, Founder of Goshawk Communications, continues to drive the strategic development and global scaling of the proposition. He has secured three technology award nominations and two speaker slots at Mobile World Congress later this month to raise the profile of the technology within the global mobile network operator community. Rob Shardlow commented: "I am proud to announce 'Audacious' as our brand name, in the UK. It captures, powerfully, the ambition that we have to improve peoples' lives and the confidence we have that this will be possible." Gary Lamb, CEO of Manx Telecom, said: "This marks another important step in the development of our plan to commercialise and scale the innovative and valuable Goshawk technology. We look forward to the launch of 'Audacious' as a new MVNO business in the UK, later this year."
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20/1/2019
21:02		aleman: https://uk.advfn.com/stock-market/london/manx-telecom-MANX/share-news/Manx-Telecom-PLC-Goshawk-Update-Isle-of-Man-laun/78238477 About Vannin Ventures Vannin Ventures is a wholly owned subsidiary of Manx Telecom. It was formed as a stand-alone business incubator, to support the development and commercialisation of innovations in IoT and the wider telecommunications ecosystem. Vannin Ventures forms effective relationships with entrepreneurs and growth businesses. As a flexible development partner and operational investor, Vannin Ventures supports early-stage innovation concepts through their initial development, to pilot launch (with the Isle of Man as an excellent test bed) and full launch, in the UK and international markets. For more information, see www.vanninventures.com
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24/9/2018
08:21		turbomouth: In the week that mobile phone giants hit the headlines for making customers pay for their phones twice over, a new product from a small company in the Isle of Man went largely unheeded. Yet MT Clearsound, a medical device from Manx Telecom, could end up transforming the quality of the calls we make and receive. The innovation, which is due to be launched with the phone company EE in the UK next year, is designed to fine-tune incoming phone calls so that people can hear them better and has been hailed as the “hearing aid in the sky”. We put our ear to the ground to test its parent company’s prospects. The history Manx Telecom is listed on the Alternative Investment Market (Aim) of the London Stock Exchange and provides fixed-line, broadband and data services to 4,000 businesses and almost all the 85,000 residents on the Isle of Man. It was set up in January 1987 as a spin-off from British Telecom after the UK giant won a government tender to operate telephone services on the island. BT owned the company until November 2001, when it was bought by the Spanish company Telefonica. In June 2010 it was sold to HG Capital, a UK private equity investor and floated on the Aim in 2014. The Isle of Man may be remote — nestling in the Irish Sea between the northwest English coast and Northern Ireland, it measures only 33 miles by 13 miles — but its telecommunications are advanced. The island’s telephone exchange began in 1889 (albeit with only four subscribers) and a direct telephone link with the UK was established in 1929. In 2001 Manx Telecom was one of the first operators in the world to launch fast broadband services and the first in Europe to create a live 3G network. The Isle of Man government is encouraging technology investment in an attempt to move the island away from a reliance on the financial services sector, which has given it a reputation as a haven for tax avoidance and evasion. Gaming and other high-tech industries now make up almost one third of the economy. Manx Telecom has a spin-off, Vannin Ventures, which invests in technology start-ups and products. Vannin has a large shareholding in Goshawk Communications, a Cambridge-based company that develops hearing products, and their partnership produced MT Clearsound. It works by creating a hearing profile on a user’s mobile so that every call they receive is pitched for their level of hearing. The company says the technology has a “huge potential addressable market”, working well for those with good and poor hearing. It says that during clinical trials it worked for 90 per cent of participants. Analysts say MT Clearsound’s potential for growth is good, but just how good is uncertain. According to Ofcom, the communications regulator, the number of mobile phone calls made last year in the UK fell 1.7 per cent, the first drop since mobiles were invented, and the trend is expected to continue because of the growing popularity of messaging apps. The performance Manx Telecom’s first-half results put revenue at £38.1 million (down 0.9 per cent compared with revenue of £38.5 million for the first half of 2017) and profits 1.4 per cent down at £6.6 million. The company said it had suffered a reduction in roaming revenue after EU rules made it cheaper. Manx Telecom’s dividend was raised from 3 .9p to 4.1p, and shares have risen more than 2 per cent to 173.5p since the launch of the Goshawk hearing device. Graham Spooner, an investment research analyst at the Share Centre, a stockbroker that has placed a “buy” rating on the shares, says they are attractive for those prepared to invest in a company with an unusual niche and a promising technological product. Gary Lamb, Manx Telecom’s chief executive, said the company had completed a “solid six months” and that its long-term prospects were good. The verdict Manx Telecom is at the forefront of the Isle of Man’s fast-growing high-tech sector with its new hearing product, which has strong potential for growth. The company’s shares are near four-year lows, but those willing to take a risk should consider pouncing while the price is cheap. BUY.
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20/9/2018
09:01		ntv: Manx Telecom PLC 20 September 2018 Manx Telecom Plc Isle of Man launch of Goshawk's MT clearSound Manx Telecom Plc (AIM: MANX; the "Company"), the leading communication solutions provider on the Isle of Man, is delighted to announce the launch of MT clearSound, a hearing loss product developed by Goshawk Communications. The product was unveiled yesterday on the Isle of Man and the following press release was published. Manx Telecom launches world first mobile call quality product MT clearSound -- Mobile telecoms product and registered medical device offering dramatic improvement in call clarity and quality -- 90% of trialists agreed that speech was clearer and easier to hear when using the service -- A global first; researched, trialled and developed on the Isle of Man; coming to the UK in 2019 Manx Telecom is delighted to announce the launch today on the Isle of Man of MT clearSound, a new, personal mobile phone product which dramatically improves the clarity of mobile phone calls. The product is available at no additional cost to PayMonthly customers on the Manx Telecom network. The technology behind the MT clearSound registered medical device is located within the network and requires no purchase or installation of specialist equipment by the user. A user completes a short online registration and a hearing assessment using any mobile phone on the Manx network, enabling MT clearSound to create a tailored individual hearing profile. This fine tunes all incoming and outgoing telephone calls to meet the user's personal hearing needs. The profile can be changed at any time by the user if their requirements change, for example with the adoption of a new hearing aid or purchase of a new mobile phone. MT clearSound will help people suffering from moderate to severe hearing loss to communicate and to maintain the art of conversation, enabling and empowering them to use their mobile phone with more confidence. During the clinical trial, 80% of respondents said they felt stress-free while using the service. According to 89% of the trialists, the product should be available to everyone who has a hearing need. MT clearSound is the first such product worldwide and has a huge potential addressable market, being suitable for both people with varying levels of hearing loss and those wanting to enhance the quality of their mobile phone conversations in general. The introduction of the product on the Isle of Man, where it was researched, trialled and developed by Vannin Ventures, Manx Telecom's business incubator, with Goshawk Communications, the lead investment in its portfolio, is just the latest example of the island serving as a test-bed for innovation; but the technology will also be made available off island as soon as 2019, when BT will leverage its EE mobile network to launch the technology, targeting the eleven million UK consumers who experience hearing loss. MT clearSound was inspired by Goshawk founder Matthew Turner's own experiences with hearing loss. Deaf since the age of four, his determination to create a solution lead to the creation of MT clearSound, which is based on the algorithms of Professor Brian Moore of the University of Cambridge, one of the world's leading authorities on auditory perception. The product is backed by further medical and audiology professionals in the UK and on the Isle of Man, including Doctor Charles Stone, Senior Research Fellow in Audiology / Hearing Sciences at University of Manchester, who have worked closely with Goshawk and Manx Telecom on the ground-breaking mobile phone technology. Gary Lamb, CEO of Manx Telecom, said: "MT clearSound will empower people suffering from a moderate to severe hearing loss, and every mobile user seeking greater call clarity, to use their mobile phones with greater confidence. The launch of MT clearSound in the UK next year in partnership with BT has the potential to change the lives of millions of people and is further evidence of Manx Telecom's investment in innovation and technology." Matthew Turner, CEO and Founder of Goshawk Communications, said: "I created a 'hearing aid in the sky' because of my frustration with telecoms companies who did not understand people with hearing loss. Engaging with Manx Telecom was very different - it was easy to reach the decision-makers and the work environment was very open. We know MT clearSound can make a huge difference to people's lives. Ideally this should set the Global Standard - that for me would be a wonderful achievement."
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12/7/2018
08:00		stevegrass777: It's hard to see why the drift down in share price over the last few months. Although fixed line telecoms are out of favour, a solid company like Manx paying a solid dividend should hold its share price up.
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23/2/2015
21:48		melody9999: Winsome - I had a dig around after reading your post 130. New regs on fixed line calls came in last Oct so might explain the MANX share price dip then. Not sure how much difference new regs really makes though. Sure customers still have to pay the Manx fixed line rental charge. Previously users could access cheap calls using an access code in any case eg this service is on TalkTalk website. So new regs just make it easier to use. Maybe potential low impact is why share price recovered fairly quickly. Sure have been around for quite a while on the Island so threat isn't new. They launched in the Isle of Man on the 3 June 2007. Throughout the island they offer Mobile and Broadband services to both business and residential clients, their mobile network is wholly owned and operated by them selves, broadband is wholesale purchased from the Island's principal communications company, Manx Telecom. Sure has permission to offer fixed-line telephone services across Manx Telecom's lines. Sure launched their own 16Mb Broadband service in the Isle of Man on 1 November 2010 and on 1 September 2011 were the first Telecoms company to take pre-orders for VDSL2 (Supplied Wholesale from Manx Telecom) up to 40Mb broadband (2Mb up) which launched on 1 October 2011. IMV Manx have a commanding position and I remain a holder.
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