June 2022
‘Dummy bids part of fun’: HotCopper trader guilty of manipulation
ASIC has secured a historic guilty plea in a pump and dump case. Here’s which 20 stocks were being targeted.
August 2010
Cellnet
Mobile technology distributor Cellnet has turned a profit for the first time in three years. The welcome black ink, following combined losses of more than $20 million in two previous years, comes after it discontinued troubled information technology operations a year earlier.
June 2009
FAST FACTS
IBM in Cellnet deal Listed IT and telecommunications distributor Cellnet has completed the divestment of its Australian IT operations to IBM
November 2008
Cellnet to cut jobs in IT distribution shake-up
Embattled IT and telecommunications distributor Cellnet has flagged redundancies and announced a reduction in suppliers as it scales back IT operations.
October 2008
IT bonuses fuel row over executive pay
In a market racked with pain, some investors are smarting more than others.
August 2008
Distributor hurt as revenue tumbles
CVC-backed computer and communications distributor Cellnet swung to a $4.6 million net loss on revenue that tumbled almost 17 per cent to $439.5 million in a 2008 result that chairman Alexander Beard described as "clearly unsatisfactory".
August 2006
Battered stocks hold potential pay-offs
Some of the best share price gains after the reporting season come from companies that appear poised to recover from poor performances in the past. Cellnet, a market-leading Australian and New Zealand distributor of information technology, telecommunications and audio visual related products, fits this profile.
February 2006
September 2005
Cellnet managers confident despite stock slide
Shares in telecommunications distribution company Cellnet plunged more than 8 per cent yesterday after the release of a $6.1 million net profit for the year to June 30 on revenue of $586 million.
May 2005
Cellnet cuts profit forecast
IT hardware and mobile phone distributor Cellnet Group has become the latest listed company to fall short of profit expectations.
March 2005
Cellnet in search for new chief
Queensland-based computing and mobile phone distributor Cellnet is looking for a new managing director to lead the company, following the resignation of Stephen Harrison.
February 2005
November 2004
September 2004
August 2004
September 2003
Loss of Nokia contract yet to make full impact felt
Cellnet has shaken off a soft first half marred by stock obsolescence issues to report relatively pleasing full-year numbers.
August 2003
Cellnet loses lucrative Nokia accessories contract
The revenue of Australia's biggest mobile-phone accessories distributor, Cellnet, is expected to come under significant pressure after it lost a contract to distribute Nokia accessories in Australia.
ASIC asked to look at Cellnet write - off
Australia's biggest mobile phone and accessories distributor, Cellnet, may be investigated by Australia's corporate regulator over obsolete stock it wrote off last financial year.
April 2003
Cellnet exec departs after heated dispute
Cellnet's financial woes are predicted to deepen after the abrupt departure of the mobile phone distributor's chief operating officer.
February 2001
Export Park for Cellnet
Listed mobile-phone wholesaler Cellnet Telecommunications will relocate its Queensland headquarters, leasing 7,200 square metres of space at Brisbane Airport's Export Park