FoggyIsle.XYZ | Market's view on Maintel

A stock watcher mentioned exiting their position in Maintel due to results being delivered in line but delayed, and a key figure, CT, leaving immediately.
Concerns were raised about the market not fully recognising the company’s potential, or perhaps a lack of trust exists.
A positive update from Maintel suggested a potential turnaround, with changes in the company’s ‘mood music’.
Expectations of an upcoming update were mentioned, highlighting the quietness and anticipation surrounding the company’s communications.
Cavendish upgraded their EBITDA forecast for Maintel for the fiscal year 23/24 and reiterated a £4.00 target.
Anticipation was expressed for favourable recovery results.
Maintel reported significant progress in the first half of the financial year, with improved EBITDA and revenue, benefiting from new business and an accelerating order book, despite global supply chain challenges.
Confidence in the company’s trajectory was noted, bolstered by having high-profile clients like Harrods.
A stock watcher tried to discern the reason behind a sudden share price spike, concluding it was due to more buyers than sellers.
Discussion around the small market cap of Maintel as potentially turning around.
Daisy is speculated to be considering acquiring Maintel at a lower price.
Stock watchers noted a drastic situation, mentioning discussions with the bank as a bad sign.
Harwood Capital increased their stake in Maintel to 15.78%.
Harwood Capital’s involvement seemed to have a positive effect on the stock price.
The performance of the stock was likened to a technical pattern, the ‘cup and handle’, suggesting a bullish future.
Future contract announcements and strong half-year figures were anticipated to quickly influence the stock’s performance.
Christopher Mills of Harwood Capital discussed Maintel positively, indicating significant insights and high regard.