ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

CWC Cable&Wire Com

74.60
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Cable&Wire Com Investors - CWC

Cable&Wire Com Investors - CWC

Share Name Share Symbol Market Stock Type
Cable&Wire Com CWC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 74.60 01:00:00
Open Price Low Price High Price Close Price Previous Close
74.60 74.60
more quote information »

Top Investor Posts

Top Posts
Posted at 07/11/2015 17:59 by loganair
First-half figures from Cable & Wireless Communications (CWC) were eclipsed by news that Liberty Global could soon mount a bid for the Caribbean and Latin American telco. The owner of Virgin Media now has until 19 November to make a firm offer. Jefferies analysts think the main draw is CWC's $8bn (£5.2bn) in tax assets - lossmaking operations to offset other profits - in the US and UK. They think a potential offer could reach 100p a share, valuing the group at north of $6.6bn.

Mounting competition and lower demand for landline services meant earnings fell in three of CWC's five territories, sending adjusted operating profits down 5 per cent to $215m. The sunshine in these results was the key Caribbean region, where constant-currency cash profits leapt 23 per cent to $213m as network investments attracted mobile and broadband subscribers.

CWC's directors also bumped up their predicted synergies from Columbus International, a regional peer acquired in March 2014. They now expect to save $125m in operating costs by March 2018, up from $85m. They recently rolled out bundles of TV, broadband, mobile and fixed-line services in the Caribbean under the 'Flow' brand, and are gearing up to launch Flow Sports Network, which will broadcast exclusive content such as Premier League football and the Rio Olympics in 2016.

Consensus forecast EPS for the full financial year is 3.3¢ (17.5¢ in FY2015).

IC VIEW:

CWC's forward enterprise value is less than 8 times forecast cash profits - in line with international peers. It has long underperformed, but cost-cutting measures, content investments and network improvements are starting to revitalise the business. In any case, the potential bid suggests investors shouldn't sell out yet. Hold.
Posted at 20/5/2015 16:56 by loganair
IC - Higher mobile and broadband sales, along with cost reductions, fuelled a 7 per cent rise in adjusted cash profits to $585m (£377m) at Cable & Wireless Communications. But investors sent the Caribbean and Central American telco's shares down 1 per cent on news that recently acquired Columbus International posted cash profits of $255m, about 7 per cent behind expectations. That led management to forecast an earnings decline this year.

Deutsche Bank analysts cut their forecast cash profits by about 6 per cent to $525m, giving EPS of 3¢ (from $585m and 5¢ in 2015).

IC VIEW: Project Marlin and the Columbus acquisition should underpin CWC's long-term growth. Although its shares have risen strongly this year, the group's enterprise value is 7 times consensus forward cash profits, in line with international peers. Hold.
Posted at 20/5/2015 10:01 by prokartace
Darius,

I do not make assumptions without checking my figures for some concrete evidence before I put it in writing, unlike you I suspect.

Around $ 600mil of the fixed rate debt is paying interest between 8.625 and 8.75%
please check this link



From this I deduce that with agreements with bank facilities below 5% they may be able to average 5% on their debt. This is an optimist assumption
Posted at 11/5/2015 11:00 by loganair
Central America offers a huge opportunity to brave investors:


hxxp://moneyweek.com/new-world-central-america-offers-a-huge-opportunity-to-brave-investors/

It might sound contrarian to invest in a region which still has so many problems, but so far it’s paid off. Cable and Wireless, a UK telecoms firm that earns most of its money in Central America and the Caribbean, is up 71% since I first tipped it in June 2013. That’s good, but I think the region will give British investors plenty more in the years to come.

How to play it:

First up is UK telecoms firm, CWC (LSE: CWC), which has operations across Central America and the Caribbean. It’s up by more than 70% since I first tipped it, and is doing a good job of building up its footprint in the region.
Posted at 25/4/2015 16:46 by leeson31
Fair doos.valid pov. The market is liking the new cwc though and I think it has more legs yet.I'm not going to be a long term investor, I'm just trying to optimise exit from entry, then move on to the next one.
Posted at 30/1/2014 14:21 by cockneyrebel
CEO paid nearly 57p recently for 4m shares:

Trading update Jan 11th.

Blackrock loading up with a big stake as soon as the CEO loaded up.


6 January 2014

NEW CEO COMMENCES ROLE AT CWC

Cable & Wireless Communications Plc ("CWC") announces that Phil Bentley began his role with the company as Chief Executive Officer on 1 January 2014, replacing Tony Rice.



Since his appointment, Mr Bentley has purchased 4,300,000 shares with total value equivalent to approximately three times his base salary. Additionally, he has been awarded 4,288,011 Performance Shares.



Phil Bentley, CEO of CWC, commented:



"I am delighted to be joining CWC as its CEO. I recently visited a number of our operations and met with Government partners in our Caribbean and Latin American markets with Tony Rice and the team. Our new office in Miami is taking shape, and I'm impressed with the quality of our people and the opportunities we have.



"My priorities will be driving top line growth, continuing cost discipline, increasing returns on capital and improving customer service. I'm confident we can evolve our strategy to become the leading communications provider in the region and offer a distinctive investor proposition."



Notes:

Biography

Phil Bentley served as the Managing Director of British Gas from 2007 to 2013 and has been on the Board at Centrica plc since 2000, holding the roles of Group Finance Director (2000-04) and Managing Director, Europe (2004-07), prior to his role at British Gas. He was previously Finance Director for Diageo plc's spirits division, and Group Treasurer. He has also served in several senior international management roles at BP plc and lived and worked in China, Egypt and the USA. He is Chairman of the Audit Committee and a non-executive Director of IMI plc, the engineering group, and was previously a non-executive Director of Kingfisher plc. He holds a Masters degree from Oxford University and an MBA from INSEAD, France.

---

About Cable & Wireless Communications

Cable & Wireless Communications is a full-service communications business. We operate leading communications businesses offering mobile, broadband and domestic and international fixed line services in most of our markets as well as pay TV, data centre and hosting, carrier and managed service solutions. Our operations are focused on providing our customers - consumers, businesses, governments - with world-class service. We are the market leader in most products we offer and territories we serve. For more information visitwww.cwc.com.
Posted at 28/1/2014 11:10 by skinny
Just a reminder - IMS 11th Feb -
Posted at 20/12/2013 17:46 by trulyscrumptious
Cable & Wireless Communications (CWC), a British firm whose roots go back to telegraph companies in the Victorian era, is reportedly being considered as a takeover target by two U.S. communications giants, AT&T (NYSE: T [FREE Stock Trend Analysis]) and Liberty Global (NASDAQ: LBTYA).

Cable & Wireless has been in transition for some time now. It is moving its headquarters out of the U.K. and to Miami, Fla. And as the Daily Mail newspaper notes, the company sold off two of its four businesses earlier this year, "as part of its strategy to focus on business on the pan American (Caribbean and America) region."

In 2010 CWC "demerged" with its sister company, Cable & Wireless Worldwide (CWW). But CWW, with its extensive fiber-optic system in Britain, struggled financially after the separation, and last year it was acquired by Vodafone (NASDAQ: VOD) for $1.7 billion.

Related: Tesla May Unveil Lower-Priced Sedan at 2015 Detroit Auto Show

As of January, CWC will also have a new CEO: Phil Bentley, former managing director at British Gas.

The company's Chairman, Sir Richard Lapthorne, noted in October that CWC is entering a new phase. "Following our recent divestments, we now have a business with a single geographic focus and strong balance sheet," he said in a press statement, "and we are investing in growth areas of mobile data and high-speed broadband."

Last month, Deutche Bank reportedly gave CWC a Buy rating, while analysts at Jeffries Group issued a Hold in a research note to investors, and JP Morgan Chase reiterated its Neutral rating.


Read more: hxxp://www.benzinga.com/news/13/12/4162609/cable-wireless-communications-seen-as-takeover-target
Posted at 07/11/2013 11:08 by tompion
Seemed to have kicked up after the 9.30am meeting with institutional investors. Presumably they liked what they heard.
Posted at 29/9/2013 15:41 by michaelmouse
djwr100 - "So, to look at the lowest its ever been and use that as a reference to show a supposed gain is a bit unjust, I think."

When I chose the portfolio it didn't mark the lowest price for the stocks mentioned. In fact TCG was 43.55p and subsequently fell to 14p. The date was arbitrary, and I just chose stocks that were out of fashion and seemingly written off by the market at the time.

In fact TCG is a good example of what often happens with bombed out stocks that later recover. If you had bought TCG in August 2011 for 43.55p and then seen it plummet to 14p this may have caused some considerable alarm. However, if as an investor you had stayed calm and held on then you would now have made a considerable profit.

Such examples have shaped my investing style, and I just buy into companies when I perceive them as cheap and hold for the medium or long term.

If you still believe that CWC has potential then hold patiently and wait to see what happens.

Michael.

Your Recent History

Delayed Upgrade Clock