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CLT, CELLNET GROUP LIMITED
nipper
post Posted: Feb 24 2021, 10:52 AM
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In Reply To: rozz's post @ Nov 15 2020, 08:55 PM

QUOTE
We are all very excited about the opportunities ahead ... having now reshaped the business to be more agile, we can accelerate execution of our growth strategies across gaming, mobile accessories and online distribution.

Cellnet continues to deliver ... strongest first-half performance in 15 years

• First-half profit before tax of $3.41m, up $3.11m year-on-year
• All term debt fully repaid
• Cash at bank of $4.7m as of 31 December 2020
• First-half year-on-year cost reduction of over $1m
• Capital management policy under review with a full-year dividend planned

Market was probably hoping for more. Down 25% to 12c, although it has run up from 5c doldrums mid 2020.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
rozz
post Posted: Nov 15 2020, 08:55 PM
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In Reply To: nipper's post @ Nov 14 2020, 12:29 PM

Interesting announcement.
Start of a turnaround?

 
nipper
post Posted: Nov 14 2020, 12:29 PM
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this crowd still around. up 65% yesterday, but from a low base and what has been woeful decades long underperformance.

Highlights
  • October revenue (unaudited) of $12.6m, up 18% year-on-year
  • October net profit before tax (unaudited) of $1.05m, up $1.02m year-on-year
  • YTD net profit before tax (unaudited) of $1.60m, up 410% on the same period last year
  • October revenue surges on the back of a successful Apple iPhone 12 launch
  • Continued momentum in gaming anticipated with 'Next Gen' consoles launching in November

Small market cap of around $10 million. ~$7 million cash at bank



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
Lizard
post Posted: May 9 2007, 05:17 PM
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I see CVC just reported a holding of 20.21% - what are the rules? Do they have to make an immediate takeover offer at this point? (I no longer hold)

 
Lizard
post Posted: Nov 17 2006, 12:31 PM
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Sold the rest today, as the agm speech did not look encouraging. There is still an opportunity in this longer term but I have made my share out of it for now and it remains a high risk.

 
Lizard
post Posted: Oct 31 2006, 05:51 PM
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I'm still holding, though I've sold half recently. Still some risk around proving they can maintain sales and margins at the tighter working capital. But plenty of possible upside.

 


console
post Posted: Oct 31 2006, 03:36 PM
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Every day this builds up to 1.58 and then it gets dumped to 1.55. Once the seller finishes up this should run a bit more.

PJ Berriman Aquisition is completed too.



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Climate is what we expect, weather is what we get.
 
Lizard
post Posted: Jun 14 2006, 04:02 PM
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Has been pretty much sitting out this correction - maybe CVC are continuing to soak up sells below $1.21?

 
Lizard
post Posted: Apr 11 2006, 03:24 PM
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CVC buying has got this one moving into a new uptrend. Should be a good recovery if the turnaround plays out as expected. Still safer to wait for a progress report at FY, but the uptrend looks tempting in the meantime.

 
Lizard
post Posted: Feb 27 2006, 10:54 AM
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Came in at the lower end of predicted HY result. Seems like the new MD is well on top of inventory and working capital issues. However, yet to prove they can extract the margins from that substantial revenue stream. Sticking with my predictions for FY - best time to buy for recovery is probably still 5-9 months away.

 
 


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