2 Way Traffic N.V Share Discussion Threads

[maut too] 07/11/2004 20:44

you have to divide by around 805 and the current shares are just under $13

[rorysdad] 07/11/2004 19:06

What was the value of investment when you purchased?

[maddona] 07/11/2004 18:36

Only a small holding of 23k

[rorysdad] 06/11/2004 16:59

MADDONA - How many did you have?

[maddona] 06/11/2004 13:59

i have done nothing with the shares that i owned pre de-listing can anyone tell me what is my position now?

thanks in advance

[maut too] 06/11/2004 11:19

up over 4% last night and at a new high since the early days of the nasdaq listing ... my holding is long term and I will wait on developements - currently showing way over 10% net profit ... which is nice

I think a merger is almost certain and it's highly probable TLWT will be the Target rather tha the bidder.




Telewest limbers up for merger
By Dominic White (Filed: 06/11/2004)Telegraph


Telewest, the cable company, has begun a beauty parade of investment banks to advise it as it heads for what most analysts see as an inevitable merger with larger rival NTL next year.



The smaller telephone-to-TV group has just reappointed its former PR consultancy Brunswick as adviser in the wake of its recent re-emergence from a restructuring that saw shareholders get a fraction of the new equity.

City sources said Telewest had already spoken to several banks about a possible appointment during recent talks to agree its new £1.8billion debt refinancing, which this week replaced its old £2billion overdraft.

The agreement will reduce Telewest's borrowing costs and save the company from paying back its borrowing at the end of next year.

A merger with NTL has been talked about for several years. The companies sell similar services and their networks have no geographic overlap. Both have re-emerged from debt forgiveness programmes and Telewest has joined NTL in listing on Nasdaq.

Both companies declined to comment.

[maestro.] 26/10/2004 10:58

so what about telewest global....do you think we may recoup some of our losses on their share performance?

[rorysdad] 26/10/2004 10:43

audereestfacere - There is a way, but my funds will no longer allow me to pursue it!

Should have used the Company to Litigate in the first place.

[audereestfacere] 25/10/2004 10:42

Who within a company can take action against the directors, unless it's the shareholders?

[rorysdad] 24/10/2004 10:25

Went to Court on Thursday to seek Aggrevated Damages against Directors, for Misrepresentation of Telewest's Financial state in 2001 & early 2002.
Also that they Prejudiced Shareholders by placing an otherwise solvent Company into Insolvency; by deliberately defaulting on Interest & other payment.

Counsel for Defence could not challenge my allegatation that they DID place the Company into Insolvency, but instead stated if they did, then it was up to the Company to take proceedings against the Directors; not an individual Shareholder.
As they effectively determine everything, what chance is there of that happening.

As a result, the Judge ruled against my Action & awarded costs in favour of Defendants to the sum of £19,711 + Vat.

Who says crime does not pay?

[snappy] 13/10/2004 16:33

so you are sitting on yet another loss then Keef?

[master rsi] 13/10/2004 16:24

TWT is doing well over there $12.71 just now

and the chart looking better

[maut too] 07/10/2004 09:21

dipped and recovered recently - worth around 0.839 in old money



Oct. 6, 2004 Market Closed
Common Stock Market: NASDAQ-NM

Last Sale $ 12.03
Change Net / % 0.08 0.67%
Best Bid / Ask $ 12.01 / $ 12.03
Today's High / Low $ 12.08 / $ 11.80
Share Volume 2,211,992
Previous Close $ 11.95
52 Wk High / Low $ 14.52 / $ 9.78
Shares Outstanding 245,000,000
Market Value $ 2,947,350,000
P/E Ratio N/A
Earnings Per Share N/A
Dividend Amount N/A
Ex Dividend Date N/A
Current Yield N/A
Beta 1.13
NASDAQ Official Open Price: $ 12.07
Date of NASDAQ Official Open Price: Oct. 6, 2004
NASDAQ Official Close Price: $ 12.03
Date of NASDAQ Official Close Price: Oct. 6, 2004

[rorysdad] 21/9/2004 10:04

jrcn- 5000 shares left? Don't think you've had your eye on the ball for quite some time.

[jrcn] 21/9/2004 08:20

p.s good to luck rorysdad, i will be watching the media and this space

[rorysdad] 20/9/2004 15:41

silverback - Good thinking! I could always seek her as a witness!

[silverback] 20/9/2004 14:49

So Cindy Crawford will be in court saying,NO,not married Singer.
That`ll make the papers.
good luck to you.

[rorysdad] 20/9/2004 12:22

No doubt it will be reported in the Media.

Should I succeed, I'm sure it will get a lot of coverage.

[audereestfacere] 20/9/2004 12:14

Best of luck, please post outcome or are you going for media coverage?

[rorysdad] 20/9/2004 11:58

Was instructed by Solicitor to cease communications, but still going ahead at end of October.

Started to correspond with my contacts again, with a view to helping them too, should I succeed.

[audereestfacere] 20/9/2004 11:24

Rorysdad - How's your legal challenge to TWT progressing?

[rorysdad] 20/9/2004 11:20

Champion of Bondholders seems perfect!