Kcom Share Discussion Threads

[chester] 12/10/2009 16:24

Very strong, bodes well for tomorrow.

[moneyman18] 12/10/2009 16:11

No way on this earth can this be 43p on the bid; ADVFN taking the mick

[psolomons] 12/10/2009 15:59

Some seriously large trades going through today. Up on high volume, good sign again.
who was it who said that breaking 40p was technically impossible ?

[realcooltrader] 12/10/2009 10:14

Blimey, wassup?

[chester] 12/10/2009 10:04

Nice breakout.

[25cent] 12/10/2009 08:42

Agree, maybe a few will sell out at 40p but it looks good for somemore yet general market permitting.

[psolomons] 12/10/2009 08:34

Cant see why, I expect significant rises from here on fundamentals and prospects of recovery.

[moneyman18] 12/10/2009 08:01

Just hope today places this well in the 40's; But that will be one difficult task

[25cent] 09/10/2009 23:13

Moneyman kcom was at 40.75p on the bid at one stage today.
Check out trade number 16.

[realcooltrader] 09/10/2009 16:13

Invesco has added 3.7m.

[moneyman18] 09/10/2009 15:49

not on the bid; like I said its impossible

[psolomons] 09/10/2009 14:18

There she goes./ 40p breached, what a wonderful sight. Will it hold though !

[moneyman18] 09/10/2009 10:22

to see 40p on the BID would prove all TA analysis INVALID

[25cent] 08/10/2009 20:23

Its a great looking chart.

[moneyman18] 08/10/2009 20:18

But can it jump

[realcooltrader] 08/10/2009 18:12

Edging ever closer, closing UT @ 39.75p, the highest it's been in over a year.

[moneyman18] 07/10/2009 23:36

There is no way that this will break 40p; that would go against all past technical analysis, best keep well clear.

:0)

[moneyman18] 06/10/2009 11:36

Looks very bullish looking at those header charts especially one on em

[optomistic] 06/10/2009 10:23

Update the chart 25, not sure where the invverse h/s is but we damn near touched 40 this morning, through that and it's all guessing as to where we will go.
It does look as there is speculative interest building up in KCOM stock :-)

[25cent] 06/10/2009 08:21

Is today the inverse head and shoulder completion day?

[mumbys] 01/10/2009 04:36

KCom restructuring on track



Telecoms firm KCom said today that the restructuring of the Hull-based group is on track to be completed by the third quarter.

On September 1, the management of Kcom's network operations transferred successfully over to BT, the group said.

[topinfo] 30/9/2009 14:44

NO takeover coming here then as rumoured.!!!

=DJ UPDATE: Kcom Restructuring On Track; Says Trading In Line

(Adds analyst comment, detail, and share price.)

By Elliott Ball

Of DOW JONES NEWSWIRES

LONDON (Dow Jones)--U.K. telecommunications provider KCom Group PLC (KCOM.LN) Wednesday said its restructuring remains on track for completion in the third quarter of the current fiscal year and its strategic pact with BT Group PLC (BT) is progressing well.

U.K. Yorkshire-based Kcom said trading continues in line with its expectations and its restructuring will create a more integrated and "tightly focused" group based on two businesses.

The first will include its East Yorkshire, U.K., operation and Eclipse Internet, while the second will comprise a national managed communications services business, it said.

Kcom said its net debt has continued to narrow due to an improved financial performance.

The company, which extended the reach of its network in June through a strategic agreement with BT, said the transfer of network operations on Sept. 1 had seen 130 KCOM employees move over to BT allowing it to trim back some of its operational and capital expenditure costs.

FinnCap analyst Andrew Darley said the company had created a platform for profitable growth but it now faced the prospect of delivering that growth.

"There will be little between today and Nov. 24's interim results disclosure to indicate whether that has been successful," Darley said.

He added that the stock has reached the target price set in June, but there was no reason to get any more excited until the results reveal just how successful the restructuring efforts have been.

Darley downgraded the company to 'hold' from 'buy' and set a 40 pence price target.

The company didn't provide specific forecasts but a consensus of two analysts put pretax profit for the full year ended March 31 2010 at GBP31.68 million, on revenue of GBP440.4 million according to FactSet.

Its net debt at the fiscal 2009 end, March 31, totaled GBP157.9 million.

At 1252 GMT shares traded down 1.25 pence or 3.3% at 37 pence, underperforming a higher U.K. FTSE All Share - up 0.21%.

Company Web site: www.kcom.com

-By Elliott Ball, Dow Jones Newswires; 44-20-7842-9314; [e-mail]

[optomistic] 30/9/2009 10:08

Playing safe Leopold, not waiting for it to 'rocket' through 40 then.
Looking at the chart it could break either way from here but the KCOM release certainly wasn't designed to give the share price an immediate boost...as is usually the case!
What price would you be looking at to re-enter, if at all?