2 Way Traffic N.V Share Discussion Threads

[rorysdad] 02/9/2004 20:35

THE FOLLOWING IS A RESTATEMENT OF DEBT AS OF JANUARY 16th 2004

These adjustments have been made because the Company recently determined that

the effect of non-payment of a hedge contract of L10.5 million in 2002

triggered a default on an additional L1,792 million of bond debt as at December

31, 2002.

We have also determined the need to accrue additional interest of L2 million

relating to additional interest for bonds in default as at December 31, 2002.

This adjustment increases net loss, interest expense and other liabilities by

L2 million as at and for the year ended December 31, 2002.

[maut too] 01/9/2004 13:39

current price $11.55 equiv to around 0.8p in old money :-))

[maut too] 01/9/2004 13:37

new mailing going out this week - broadband + phone line + digital TV all at £30 a month guaranteed for a year c/w free installation

[rob mack] 22/8/2004 19:43

IXTCX - Nasdaq Telecommunications Index - Up 2.3% at close on Friday!

On a 1 year, 1 day chart, it has now cleared the July / August downward trendline heading North!
The next resistance target will be the Feb, Mar, Apr, Jul downward trendline.
The current upward trend should intersect the above at around 182. We are currently at 170. The index came up 10 points last week alone!.
Will be interesting to watch!! And may be very good for telecoms if it breaches it!

[maut too] 20/8/2004 17:49

News Price
Charts Company
Financials Conf.
Calls

Aug. 20, 2004 12:33 ET Market Open
Common Stock Market: NASDAQ-NM

Last Sale $ 11.25
Change Net / % 0.05 0.45%
Best Bid / Ask $ 11.17 / $ 11.20
Today's High / Low $ 11.25 / $ 11.14
Share Volume 137,741
Previous Close $ 11.20
52 Wk High / Low $ 14.52 / $ 9.78
Shares Outstanding 245,000,000
Market Value $ 2,756,250,000
P/E Ratio NE
Earnings Per Share $ -2.43
Dividend Amount N/A
Ex Dividend Date N/A
Current Yield N/A
Beta 1.32
NASDAQ Official Open Price: $ 11.14
Date of NASDAQ Official Open Price: Aug. 20, 2004
NASDAQ Official Close Price: $ 11.15
Date of NASDAQ Official Close Price: Aug. 19, 2004

[maestro.] 05/8/2004 08:14

yep,i always said that Murdoch would bid for Telewest...trouble is he'll have nowt to bid with soon! lol! murdoch=loser

[maut too] 05/8/2004 07:50

Cable 'will pose threat to BSkyB'

Dan Milmo
Thursday August 5, 2004
The Guardian

NTL yesterday said the cable industry posed an increasing threat to satellite television operator BSkyB as it emerges from years of debt-stricken paralysis.
Simon Duffy, the chief executive of the UK's largest cable company, said NTL and Telewest had their best quarter to date for digital TV subscribers in the three months to June.

"If you look at the overall number of digital TV additions then the share that went to cable as a whole was at an all-time high," he said.

NTL yesterday said it added 38,000 digital TV subscribers in the second quarter, taking its digital TV customer base to 1.4 million. Telewest, the second largest cable operator in the UK, has just over 1 million TV subscribers.

Mr Duffy said he expected NTL's digital TV customer base to grow faster once the company signs off a new deal with BSkyB to carry the pay-TV group's premium sports and movie channels. The new arrangement is also expected to be examined by the Office of Fair Trading after it is signed. "We have had several quarters of digital TV growth. Our growth in TV is accelerating at the same time that Sky is slowing down," he said.

NTL revenues rose 6% on an annual comparison to £584.8m, while operating losses dropped from £51m to £17m. NTL's core home division, which offers internet, telephone and TV services to households, saw turnover climb 7.7% to £398m.

Mr Duffy refused to discuss reports that NTL and Telewest will merge in the next 18 months, a deal that has been widely predicted after Telewest finally emerged from a debt restructuring this month.

[cbr60000] 04/8/2004 18:12

Powlo,
So, if I convert from Crest to a Nasdaq listing....it would be a bad move?
Rgds,
CBR

[maut too] 04/8/2004 12:06

fyi bearing in mind the likely link up sooooon


LONDON (AFX) - ntl Inc said it beat its targeted customer penetration in the second quarter of its fiscal year, adding 60,500 net customers.

The provider of cable television and telephone services in the UK reported consolidated revenues rose 6 pct to 584.4 mln stg and home revenues climbed 7.7 pct to 397.8 mln in the three months ended June 30, compared to the comparable period last year.

"As I look to the second half of 2004, I expect continued progress on all four of our stated objectives. This reflects an improving sales pipeline, the expected delivery of product enhancements, the already announced price increases in ntl: Home and the continued execution of our key restructuring initiatives," Simon Duffy, chief executive said.

Pretax loss in quarter came in at 447.9 mln usd, from a loss of 246.9 mln last year. The company reported a loss per share of 5.16 usd, from 4.36 usd last year.

Net loss in the second quarter widened to 249.8 mln stg from 160.3 mln. This year's figure includes a 162.3 mln debt write off.

[e-mail]

ab

[tomkin] 04/8/2004 07:32

maestro. - 3 Aug'04 - 23:42 - 286 of 287 (Filtered)

maut too - 4 Aug'04 - 07:31 - 287 of 287 (Filtered)

[maut too] 04/8/2004 07:31

Aug. 3, 2004 Market Closed
Common Stock Market: NASDAQ-NM

Last Sale $ 12.10
Change Net / % 0.40 3.42%
Best Bid / Ask $ 12.07 / $ 12.10
Today's High / Low $ 12.15 / $ 11.65
Share Volume 613,389
Previous Close $ 11.70
52 Wk High / Low $ 14.52 / $ 10.89
Shares Outstanding 245,000,000
Market Value $ 2,964,500,000
P/E Ratio NE
Earnings Per Share $ -2.43
Dividend Amount N/A
Ex Dividend Date N/A
Current Yield N/A
Beta 0
NASDAQ Official Open Price: $ 11.65
Date of NASDAQ Official Open Price: Aug. 3, 2004
NASDAQ Official Close Price: $ 12.10
Date of NASDAQ Official Close Price: Aug. 3, 2004

[maestro.] 03/8/2004 23:42

powlo..bad advice...i know this share well and it is following the marconi scenario...expect a rapid rise to $30 or more...trust me,it will happen

[powlo] 03/8/2004 23:22

cbr60000

The Crest status means you
will be USA tax exempt at the
time of sale.
I would say if you can get a bid
of $12 take it and watch what happens.
The price will probably hit $10 soon
then if you want you can buy back in.
Just my feeling - TWT crushed me several
time on its perpetual dive southwards
this side of the pond - why should it
do any different over there.
Only if it ties up with NTL or comes up
with something novel will it thrive.

Best of luck though.

[angry eric 2] 03/8/2004 22:52

Its spooky around here now everyones left.

[cbr60000] 03/8/2004 22:16

HighTech,
Did you mean to say something?
Rgds,
CBR

[cbr60000] 30/7/2004 15:58

TD waterhouse has just sent me a note to convert to a nasdaq listing or by default, stay as a Crest. Anyone know the pro's & con's... eitherway?

Rgds,
CBR

[tomkin] 30/7/2004 07:59

pump n dump, c&p ... yuk

[maut too] 30/7/2004 07:57

CableTelewest drops into the red

Richard Wray
Friday July 30, 2004
The Guardian

Cable company Telewest reported an increase in second-quarter operating profits yesterday but an overall dramatic drop into the red following a series of financial charges.
Telewest Communications effectively ceased to exist this month when its assets were transferred into a new, US-based company, Telewest Global, following a financial restructuring which saw creditors cancel £3.8bn in debts and take control.

Yesterday's results marked the swan song of the old business, showing operating income of £20m in the three months to end-June, up from £3m in the previous year.

The company, which is widely expected to merge with rival NTL, reported a net loss of £126m, down from a profit of £5m in the same period last year.

The company said the reversal was due largely to foreign exchange losses of £37m and an £83m interest payment on a series of loan notes and debentures. All of these debt instruments were cancelled in the restructuring.

As for underlying performance of the business, turnover of £326m was up from £323m and Telewest added an uninspiring 72,000 broadband customers. BT, also reporting yesterday, announced it added 472,000.

The cable firm did manage to arrest the slump in customers for its TV offering, adding 2,000 in the quarter, compared with a decline of 23,000 in the second quarter of 2003.

[maut too] 29/7/2004 23:36

from tomorrows Times





TELEWEST, the cable to telecoms group, yesterday heralded its return from the brink of collapse with reduced losses and higher sales from new high-margin broadband internet customers.

The company, which completed a £3.5 billion restructuring and listing on the Nasdaq in the US this month, said that 72,000 customers joined its high-speed internet service in the quarter ended June 30 - more than in any previous quarter.



Barry Elson, the acting chief executive, said that the company had faced strong competition from rivals such as BT and ntl, but that "all our services have increased in penetration, whether it's cable, telephony or broadband".

In the second quarter, the company added 33,000 new customers - taking its total customer base to 1.75 million. Group sales rose 1 per cent to £326 million.

Telewest's average monthly revenues per user increased by 3 per cent to £44.98. Mr Elson said that the company had signed a higher number of broadband customers and was experiencing a trend towards "triple play" customers, who use the company for telephone service, cable television and broadband internet.

The company had a second-quarter loss of £126 million, from a £5 million profit in the previous year.

The drop was partly the result of foreign exchange losses on its dollar-denominated debt - which was cancelled under its recent financial restructuring.

Telewest shed £3.8 billion of debt through a two-year restructuring, which left its bondholders with 98.5 per cent of the newly formed Delaware-based holding company Telewest Global Inc.

[monman] 29/7/2004 14:09

can you only trade this on the nasdaq now

[charming charmed one] 29/7/2004 13:41

It's all good.

Should breakeven around the the $58 region.

Well done maut, keep up the cut and pastes.

CC1