The Directors are proposing a final dividend with respect to the financial year ended 31 March 2022 of 0.56p per share which will represent £490,000 of a dividend payment. The final dividend will be proposed for approval at the AGM and, if approved, will be paid at an agreed date shortly thereafter.
AGM date last time was 19 August 2021
All good too. 'The average length of customer relationship across the top ten customers in FY22 is 10 years, demonstrating our high levels of repeat demand from these customers. In addition, the Group typically experiences a high level of repeat business from its total customer base. In FY22, 79% of orders were generated from existing customers (FY21: 80%).
During the last five years, 199 (FY21: 177) customers have placed repeat orders with Calnex.'
In FY22, Calnex received orders from 233 customers, an increase of 34 on 199 customers in FY21. Good.
In FY22, no underlying customer accounted for more than 13% of Calnex's total orders. Good.
'North Asia revenues grew by 14% after a flat first half ' This bodes well for the current year unless the 14% was mainly pent up demand.
After the H1 results which were pretty good the price dropped so I assumed it would do the same again this time and I was prepared. I was correct so I managed to buy quite a few today at £1.61. Hopefully the price will start on an upward trajectory tomorrow. Even if it doesn't, I'm sure it won't be too long. WB
My interpretation of fairly large drops just before results with volumes that are not untoward is that results will be very good with a significant upturn on results day. If Wednesdays close is in the 170p range or lower I predict prices in the 200p range by close on Friday. DYOR etc. Prices can go up as well as down etc. Historical performance has no bearing on future performance etc.
Philip always was a smart cookie. I reckon it’s a bit of both. EE brand does appeal to the younger generation and BT has tarnished its reputation with many older folk. Conquering the union and raising dividends will be a positive rather than a negative for many people. Competitiveness is crucial.
Question for those that listened to the webcast. Did anyone sense that Philips response to Polo Tang’s question was a bit frosty compared to the friendly tone for other analysts questions? I got the feeling he doesn’t like him at all!!
The BT share price is gearing up on anticipation of the half year figures and this latest boost means the shares have gained over 40% in the last 12 months.
Is this old news? I was expecting Q3 results today not half year.
Lephreak
Well done. My mistake was to go 'all in' on one about 4 years ago, maybe 5. The share price went so low I bailed out and couldn't get back in. Yours sounds like a better strategy - spread the sharesaves over various years. Good luck.
I can only speak for myself but I'm about to leave BT and I totally believe in it's future. I will say however that many of my colleagues have been burnt by holding onto sharesaves, no matter what and will probably never invest more. There's also a lot of people who do not take the time to see what's going on in the wider BT and only notice the reduction in numbers of staff without equating this with cost saving and hence good news for their share price. I'll qualify my ramblings by saying that most of my shares were purchased on the open market rather than Sharesave/ESIP etc. Anyone who still has all their Sharesave & ESIP shares may well be under water still.
Blackrock just increased their holding over the 5% threshold for notifying the market then for some reason reduced their holding below 5% so a new notification was required. Others may provide more insight.
Thresholds are 3% holding of shares and each 1% thereafter both up and down
Just watched the interview. What a modest guy. Love the way he said he just started the company to see if he could improve his CV..