Cable&Wire Com Share Discussion Threads

[a0148009] 21/7/2014 16:44

At 40p I would take a serious look - they have implemented an ambitious three year plan to 2017 over the whole group and if successful could be an attractive add on to one of the larger groups in the region.

AO

[salpara111] 21/7/2014 12:57

I traded this successfully about 18 months ago for a 20% gain....clearly if I had held on I could have got closer to 70% !
It has appeared on my radar again due to the divi crossing the 5% line.
I have read some of the current trading updates and have to say that I struggle to understand the really big rise from 40 to 57 last year but with the share price trending back towards 45p the divi should provide support around that level.
Clearly the next update needs to be positive to reverse the trend so I think I will just hold on until we see what it looks like.

[tompion] 19/7/2014 09:41

Results need to be good to stop the recent prolonged slide in share price Dividend now 5.1%.

[nigelmoat] 18/7/2014 10:40

First quarter IMS due next Friday. Anybody any thoughts what to expect? Share price currently looks cheap in relation to dividend and consolidation currently going on in sector. Is this Company not of interest to Vodafone in the same way Cable and Wireless Worldwide was?

[diku] 05/7/2014 17:56

Yesterday they just slapped it down below 50p...

[djwr100] 04/7/2014 07:41

What would be the reason for that?

[diku] 02/7/2014 18:47

Today's price action similar to yesterday....big hand just doesn't want this above 50p...

[diku] 02/7/2014 11:06

Once again power of big hand at play controlling price....

[diku] 01/7/2014 13:48

Just look at that intraday header chart....somebody putting a cap at 50p....power of big hand at play...

[a0148009] 01/7/2014 12:50

Good volume at the higher level 31.5m shares so far today
Wonder where the share price will close today..

AO

[diku] 29/6/2014 15:11

Sooner the remaining company gets taken over the better...

[diku] 27/6/2014 18:17

Hope so....CEO bought millions at higher price...

[djwr100] 27/6/2014 11:42

Is this challenge a new thing?

I'm puzzled, given that the company as spent so long changing itself, splitting, selling assets, and now, at the end, well, shouldn't all be ready for a huge turn around?

[a0148009] 16/6/2014 23:08

Chart looks a bit dodgy fraction below 200 day MA not helped by strength of Sterling - have finished selling assets now and challenged by tough competition - could fall to 45ish.

AO

[skinny] 10/6/2014 13:22

Espirito Santo Execution Noble Buy 51.98 52.35 68.00 68.00 Reiterates

[bscuit] 28/5/2014 21:04

Well ASY went xd today and the price dropped but finished well up over the pre-xd price.......that'd have been better!

[tompion] 28/5/2014 10:48

Xd today explaining drop.

[skinny] 28/5/2014 07:22

Goldman Sachs Buy 55.33 54.80 68.00 68.00 Reiterates

Jefferies International Hold 55.33 54.80 48.00 61.00 Retains

Nomura Reduce 55.33 54.80 40.00 40.00 Reiterates

[skinny] 21/5/2014 07:04

Financial Highlights
§ Mobile data revenue up 23%, Group revenue down 1% on like-for-like basis

§ Group operating costs fell by 5% (US$43 million) with exit run rate cost savings of US$77 million per annum

§ Group EBITDA up 5%; margin increased by 2 ppts to 32%

§ Net debt down by c.US$1.4 billion to US$205 million pro-forma, following the disposal of Monaco Telecom post year-end

§ Recommended final dividend per share of US2.67 cents; full year dividend per share of US4 cents (2012/13 US4 cents)

[scottishfield] 17/5/2014 19:57

tks tompion

[scottishfield] 16/5/2014 23:21

what's the current yield here guys please? tks

[tompion] 29/4/2014 06:53

Good to see upgrade to 'buy' from heavyweight Goldman Sachs this morning - target price 68p.

[skinny] 25/4/2014 12:16

So that's confirmed then! :-)

[miata] 25/4/2014 12:15

Espirito
CWC [CWC LN, 52.6p, BUY, FV 68p] has confirmed the disposal of the Co's 55% stake in Monaco Telecom to Iliad founder Xavier NIel. The price paid is $445m which is in line with that agreed in a proposed sale to Batelco last year but which was blocked by the Monegasque Govt. This time all regulatory consents have been received pre-announcement of the deal and CWC expects the transaction to complete in mid-May. The transaction will see CWC's net debt fall to c.$200m at FY14 (pro-forma $82m at 30 Sep 13). This marks a further step in the divestment by CWC of assets in its far-flung portfolio to focus more on the Caribbean and Central American region and is a positive catalyst for the CWC equity story and supportive of our FV of 68p ( deal multiple: 8.4x proportionate 12/13 EBITDA). In addition to Monaco, the Seychelles is the remaining material CWC asset marked for disposal ($110m was offered by Batelco but the deal was also not approved). The sale of Monaco Telecom is earnings dilutive due to CWC's limited ability to reduce financial costs in the near-term. Deployment of c$700m gross cash (post deal) should provide upside to estimates in the medium-term. We reiterate our Buy rating.