Cable&Wire Com Share Discussion Threads

[skinny] 06/11/2014 07:06

CWC today announces the placing of up to 252,812,284 new ordinary shares of 5 cents each in the Company (the "Placing Shares") representing up to approximately 9.99 per cent. of the Company's existing issued ordinary share capital (excluding treasury shares) (the "Placing"). The Placing is being conducted through an accelerated book-building process which will be launched immediately following this announcement (the "Bookbuild").


more ......

[skinny] 06/11/2014 07:05

· The Board of Cable & Wireless Communications Plc ("CWC") today announces that it has agreed terms to purchase 100 per cent. of the equity of Columbus International Inc, a leading privately-owned fibre-based telecommunications and technology services provider operating in the Caribbean, Central America and the Andean region, for USD1.85bn
· The move will significantly enhance CWC's growth profile and accelerate the progress towards each of its strategic goals unveiled in May
· CWC also announces the placing of new shares constituting approximately 9.99 per cent. of CWC's outstanding share capital which will be used to finance in part the proposed acquisition
· The Enlarged Group is expected to generate significant operating cost and capital expenditure synergies, with additional revenue benefits also available
· The transaction will be earnings neutral in the first full year post-completion and materially earnings enhancing in subsequent years
· CWC's current dividend policy of 4c per share to be maintained post-completion

[skinny] 06/11/2014 07:03

Early signs of modest revenue growth, as investment-led strategy mobilises

Financial Highlights
§ Group revenue up 1% (2% at constant currency); mobile revenue up 3% with mobile data up 10%

§ Group operating costs 2% lower; on-track to achieve US$100 million cost reduction plan

§ Group EBITDA up 5%; EBITDA margin increased by 1 ppt to 33%

§ Project Marlin underway with capital expenditure of US$190 million in the period (up 81%)

§ Significant growth in earnings per share to US1.9 cents as interest expense and exceptional charges fell by US$94 million

§ Interim dividend per share of US1.33 cents

[tompion] 05/11/2014 16:51

Results tomorrow should stimulate comments.

[ddrysdale99] 05/11/2014 13:15

zzzzzzzzz no posts for a month!

[diku] 03/10/2014 22:20

Yes are highly paid for the detailed analysis....or that's the perception....

[bscuit] 26/9/2014 17:03

But 58.9p looks much more like detailed thinking!

[diku] 26/9/2014 07:25

Now that is very precise with .9p!....could have easily rounded up to 59p....

[tompion] 25/9/2014 15:49

Alphavalue gave CWC a buy rating today with a 58.9p target.

[bscuit] 11/9/2014 23:08

There was a comment in press about competitive pressures in its major markets in the last few days.

[diku] 11/9/2014 20:22

I was wondering the same....yesterday and today again...

[pt11] 11/9/2014 17:24

Why the sudden drop? Any news?

[skinny] 26/8/2014 07:09

Panama's leading Telecommunications Company adds IT services to its Data and Telecoms offering for Businesses and Governments and enters the El Salvador, Peru, and Nicaragua B2B markets

Cable & Wireless Communications, Plc (CWC), through its subsidiary Cable & Wireless Panamá, S. A. (CWP), today announces that it has agreed to acquire Panama-based Grupo Sonitel for US$36 million plus contingent consideration of up to an additional US$5 million. Grupo Sonitel operates SSA Sistemas, a provider of end-to-end managed IT solutions and telecoms services to business and government customers in Panama, as well as in El Salvador, Nicaragua and Peru; and Sonset, a provider of IT solutions and services to Small and Medium Enterprise (SME) customers in Panama. Logistica, an IT hardware reseller and a small number of other non-core Grupo Sonitel companies, are not included as part of the transaction.

[salpara111] 25/7/2014 21:02

Interesting! I see that my previous post has been edited by someone to remove the name of one of their main competitors! How amusing!

[a0148009] 25/7/2014 19:03

I see ADVFN has sorted out the RNS feed on the IMS albeit after today's close.

Worth tuning into the conference call available for seven days.

UK: [phone]
US: [phone]

Replay Access Code: 7096289

AO

[a0148009] 25/7/2014 11:29

Skinny thanks for the help - I use Investigate occasionally but normally rely on ADVFN for convenience everything is on the one site but do take your point that the RNS can be edited.

Have been on to ADVFN to have a moan they explained it is a partnership with ALNC
and some subscribers have taken up the free one month offer but they realise it is not for everyone. I have more sources already than I have time for and half of it gets deleted.

They explained they lost the RNS feed this morning but it is back up now.I wonder
if this was intended to force subscribers to sign up for ALNC notwithstanding the Investigate alternative.

AO

[skinny] 25/7/2014 10:45

A01 my link in post 1357 for the RNS is from the .

I don't really trust any individual site for news, so best to go to the horses mouth!

This site is pretty good if you want a list of everything on the day(s) - .

[salpara111] 25/7/2014 08:51

Honestly, I dont know why I bother using ADVFN any more. What with their never ending inability to get their charting to work with every Java update and now their news wire being filled with plugs for a subscription news service.
Update looks OK but I doubt it will set the world alight. I am not going to take a stake at present.

[nigelmoat] 25/7/2014 07:55

Steady as she goes under the helm of the new man who the city respect and will be prepared to accept the turnaround plan taking time. Don't see much happening to the share price in near term unless we get some takeover talk. Meanwhile dividends should remain intact.

[skinny] 25/7/2014 07:02

This interim management statement provides an update on the First Quarter performance and financial position of the Group since the year ended 31 March 2014. Interim results for the period ending 30 September 2014 are expected to be announced on 6 November 2014.

Highlights
· Group organic revenue flat at constant currency, reversing historical declines
· Good performance in mobile with revenue up 4%, driven by mobile data growth of 9%
· Mobile subscribers up 20% on like-for-like basis, with continued momentum in Jamaica (up 37%)
· Cost reduction programme on track to deliver $100 million run-rate savings by end of year
· Initial phase of "Project Marlin" - our investment-led strategy - underway
· Customer service improving with NPS gains

[diku] 24/7/2014 17:36

That South American Telecom Billionaire probably looking in here for a possible take out..

[tompion] 22/7/2014 21:20

Besides it being a positive day for shares, the strength today may be have been helped by an upgrade to buy from AlphaValue with a target of 56.8p.