Colt Telecom Share Discussion Threads

[dealy] 30/3/2015 14:40

down 10% in 2 days. 15% in a few weeks. All on low volume. drives me and everyone else crazy.

[dealy] 18/3/2015 15:08

well, with advances in automation technology they should be able to serve the existing revenue base with substantially fewer people. Especially true if they get rid of work intensive / low margin wholesale activities.

[palace andy] 18/3/2015 10:20

Fidelity Worldwide has a new President (Brian Conroy who used to run FMR Capital Markets) who is coming in to really shake up the company and get it back on track. He reports direct to Abby rather than the still in place Vice Chairman (gradually moving aside) that still reports to Ned. He is only 10 weeks in but already making big changes. No idea what this may mean for Colts future, maybe nothing, but there is definately a lot changing internally.

[dickbush] 17/3/2015 10:42

It's very early days but it is beginning to look as though the Euro is trying to go up against a very weak Sterling.

[dickbush] 17/3/2015 09:48

Rakesh Bhasin awarded 329,111 shares for his performance as CEO over the years 2012 to 2014. Can you believe it? Since 2011

OPERATING PROFIT: Euro 21.0 mil v 66.9 mil. DOWN 68.6%

EBITDA: Euro 297.1 mil v 332.0 mil. DOWN 10.5%

EBITDA MARGIN: 19.87% V 20.86% despite a decline in voice revenue from 36.2% to 30.2% of the total.

Net Cash: Euro 77.4 mil v 343.7 mil

OK so the cash decline is exaggerated but even without the recent acquisition it would have nearly halved over the three years. What's been added?

What kind of Compensation Committee would allow a compensation scheme to be so badly constructed that this performance allows the grant of circa half a million pounds worth of shares?

[dickbush] 13/3/2015 12:30

Sterling is $1.48. An American acquirer is going to find Colt is a lot cheaper.

[robwt] 12/3/2015 12:47

MMs will take advantage of stop losses, so it is risky placing them on a share like Colt. Yesterday, the share price opened well down and strengthened later, typical movement. It is manipulation but too late for those who got sold short at 137p.

[shamus21] 12/3/2015 12:06

Quot (Yesterday's drop was manipulation.} Yes a MM test lot of stops got hit.

[robwt] 12/3/2015 08:12

I don't think with such a thin float many experienced traders would be interested. The only trading is done by market makers who can profit in ways that punters or traders cannot.

In the last few years you can't sell Colt by pressing a computer key, you have to go through a broker and then it can take a while to buy or sell. Yesterday's drop was manipulation.

[shamus21] 12/3/2015 07:07

Colt is more of a traders stock not one you would want to invest in.

[robwt] 11/3/2015 15:54

Small float, tiny parcels of shares traded while the euro is going back to it's realistic value are enough to trounce the share price.

It shouldn't be a worry because the share price will react the other way as soon as Fidelity indicate they are about to do something remotely positive with Colt.

As FIDELITY continue to sit on their hands it is a job to figure out if they ever plan to inject some life into running Colt. A management sort out as a last resort might work.

Sorry dealy, but it looks like we all continue to feel the pain.

[dealy] 11/3/2015 15:28

i reckon it is because of the euro. it had had a good run as well. lots of stocks got killed in the last few days. I for one am in a world of pain...

[robwt] 11/3/2015 12:34

DB...this is what happens when there is a tiny float of shares available. Past midday and less than 50k sells. It has no bearing on the true value of the company.

[shamus21] 11/3/2015 12:31

Looks like it has more to do with technical traders to me.

[dickbush] 11/3/2015 10:58

Dramatic collapse in the share price. A belated reaction to the Euro collapse?

Woodford has recently decided to hedge his Euro exposure. Seems a bit late to me.

[dickbush] 06/3/2015 14:13

Sterling is weakening towards $1.50 again. Unfortunately, the Euro is still weakening against Sterling.

[palace andy] 05/3/2015 08:41

Nothing exciting as usual.

hxxp://www.bbj.hu/business/sia-and-colt-to-connect-hungarian-keler-to-target2-securities_93642

[dickbush] 27/2/2015 10:23

Thanks, palace andy. That confirms my own view, I'm sad to say.

It is quite incredible that RB has been allowed to continue as CEO for eight years, the last five of which have seen three reorganisations. The result? A lower EBITDA than six years ago and, apparently, the company is still lagging behind its peers. Surely, one of the primary reasons for Colt's creation was the idea that it could be more nimble than the "fat and happy" incumbents throughout Europe. It has certainly failed to live up to that assumption.

Hello, Fidelity. Is anyone there?

[robwt] 27/2/2015 09:42

I think that could not be more spot on. It puts in a nutshell the opinions of the few long termers on this board who have stuck with Colt.

Fidelity and it's influence show just waht dinosaurs they are.

[palace andy] 27/2/2015 08:44

I think most of us are in agreement with this analyst comment!

Analyst Megabyte pointed out Colt “compares unfavourably” to its network peers and against co-location rivals.

“The [Colt] release is littered with excuses for the company’s poor performance; the reality is that Colt should have planned its transition to a new world far sooner that it did, and the fact that we will have to wait until the second half of this year for detailed medium-term plans suggests that the company still has no clue about what’s going on in the wider world," it said. ®