Describing itself as “a leading provider of cloud, network and security managed communications services”, Maintel (MAI) has issued an intra-day, 10:25am, “Directorate Change & AGM Update” announcement. Hmmm – not a usual-time such announcement for ‘leading providers’…
Maintel Holdings (MAI) states that it “is pleased to announce that, further to its announcement of 13 May 2026 the retail offer that launched on that date has now closed, raising gross proceeds of approximately £0.5 million”. With shares in the company at 92.5p compared to having closed 12th May at 120p, how ‘pleasing’ is the fundraising?
Most recently writing on company describing itself as “a leading provider of cloud communications, connectivity and security managed services” Maintel (MAI), in September with the shares down to 140p I concluded a profit warning with also a net debt update daring not to speak its name meant still avoid/sell. Now “it has conditionally raised approximately, in aggregate, £5 million… to strengthen the company’s balance sheet and provide sustainable working capital resourcing to support delivery of newly signed projects, enhance tendering capability, improve procurement terms and payment performance, and enable the full roll‑out of the company’s transformation programme”. What about that in the context of a most recent closing 120p share price?
Most recently writing on Maintel (MAI), describing itself as “a leading provider of cloud communications, connectivity and security managed communications services”, in June with the shares at 220p I questioned how realistic really was its “second half weighted” considering its noted headwinds and to still avoid/sell. The shares most recently closed at 180p and what about now a “Trading Update” and the shares currently at 140p in response?
Describing itself as “a leading provider of cloud and managed communications services”, Maintel Holdings (MAI) has issued an “AGM Trading Update” including that its “revenue performance reflects growing sales momentum” and “solid progress on pipeline growth”. So why currently a more than 8% lower share price response to 220p?
Most recently writing on provider of cloud, network and security managed communications services in the UK Maintel (MAI), in August with the shares around 240p I concluded that I was cautious considering the performance required to meet full-year expectations in a clearly not smoothly contracts-closing trading environment. The shares most recently closed at 277p, but what of today a “Trading Update” and the shares currently down to 235p?
Provider of cloud, network and security managed communications services to the UK public and private sectors, Maintel (MAI) has issued a trading update including first half of 2024 “EBITDA grew by 28.2% to £4.8 million” as it has “continued to successfully execute its strategic pivot away from a communications generalist to a specialist, focused across three key strategic pillars: Unified Communications & Collaboration, Customer Experience and Security & Connectivity”. What then of a muted share price response, around 240p, giving a market cap of £34.5 million?
Most recently updating on July 2023 tip of the month, Maintel Holdings (MAI), we noted in September the shares up to 165p after a 155p offer price tip but more to come on reduced balance sheet risk becoming clear. What of now a latest trading update… and the shares up to 220p to sell on the back of it?
Provider of cloud and managed communications services for the private and public sectors, Maintel Holdings (MAI) has announced its results for the first half of the 2023 calendar year and that a strong order book and focused sales strategy underpins management's confidence. What of a share price now moving up to 165p after a 155p offer price July tip?
Our July tip of the month at a 155p offer price, cloud and managed communications services provider Maintel (MAI) has issued a trading update for the first half of 2023 emphasising “significant progress” and helping the shares up to over 180p. This sounds good.
An intra-day (uh oh!), 9:46am, “Directorate Change” announcement from cloud, network and security managed services company Maintel Holdings (MAI)… and what of the shares currently 15.5% lower in response at 122.5p?
