Manx Telecom is the leading communication solutions provider on the Isle of Man. The Group offers a wide range of fixed line, broadband, mobile and data centre services to businesses, consumers and the public sector on the Isle of Man. The Group also provides a growing portfolio of innovative solutions to offshore customers.

The Group is headquartered and domiciled in Douglas, the Isle of Man capital, and reports its revenue in five categories, namely:

fixed line, broadband and data
mobile
off-Island
data centre
other

In the fixed line business, the Group serves almost all of the existing available residential and business customers in the Isle of Man, and it also provides a substantial proportion of the Island’s existing available customers with broadband and mobile services. In the data centre sector, the Directors believe that the Group operates the majority of the existing capacity on the Isle of Man, serving customers both on and off the Island. Manx Telecom is incorporated and registered in the Isle of Man, which is also its main country of operation.

WEB SITE.....http://www.manxtelecom.com/default.aspx

Anyone remember the reason for the start of the decline at the end of May with MANX?

Stan a post copied from over the road :-


jonwig17 Aug '17 - 19:46 - 231 of 232 0 0

An interesting idea in IC (Bearbull column):

... there is also something comical about the finance director of a quoted company being up on a soft-drugs offence. And one wonders to what extent the rumour of Mr Bakhshi’s misfortunes were behind the mysterious 16 per cent drop in the company’s share price in the six weeks to end-July even though Manx put out an acceptable trading statement during that spell. The Isle of Man’s dominant telecoms supplier – both fixed-line and mobile – traded in line with budget and management said nothing that would threaten maintenance of its 10.9p dividend, which generated a 6.3 per cent yield when the price was at its lowest. And, once the news emerged, the shares bounced; their price has recovered 12 per cent and is now back to 193p.

So rumours were circulating and it turned out to be "only" hash.

Thanks Skinny, I thought it might be something to do with that.

Half year report http://www.moneyam.com/action/news/showArticle?id=5660545