Cityfibre Share Discussion Threads

[oregano] 08/7/2015 08:21

they are certainly pumping up the newsflow though, that is four announcements in a month.

clearly concerned about the share price. I guess we are due a formal trading update shortly.

[cisk] 26/6/2015 08:46

oregano - why not one for the PIs? Think this is a smashing little company - just needs to be accumulated steadily and forgotten about for about 3 years.

The fact that it's under most investors' radar and has a very quiet BB is a huge plus in my book.

The shareprice performance has not been great so far, but until it gains a critical mass I'm not expecting much share price action...

[oregano] 26/6/2015 08:22

you are probably right. that is a pretty solid announcement, yet little interest. there was higher than average volumes yesterday, so maybe there is some institutional support. but not one for the PIs generally.

[rambutan2] 25/6/2015 08:08

I assume OFCOM has caused the sogginess...

[oregano] 24/6/2015 10:38

i am a bit surprised this is that soggy, Talk talk launching their consumer offering today in York and talking about their ambitions for laying fibre across the uk.

[aishah] 02/6/2015 14:57

finnCap reiterate 115p target

[aishah] 02/6/2015 08:10

Construction of Edinburgh CORE Commences

Edinburgh CORE to bring ultrafast internet access to 7,000 businesses

CityFibre (AIM: CFHL), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce that construction has commenced on the first phase of the Edinburgh CORE network.

Under the agreement with leading Scottish business ISP Commsworld previously announced in March 2015, the first phase of the new network, a 50km deployment in the city centre, will bring the benefits of ultra-fast gigabit internet connectivity within reach of an estimated 7,000 businesses beginning in late summer, 2015.

[aishah] 01/6/2015 11:51

Techinvest quite positive here. They've added more to their portfolio at 61p.

[teleprompter] 27/3/2015 20:09

Progress in York confirmed today. See link below:

hxxps://recombu.com/digital/article/cityfibre-gigabit-sky-talktalk-trial-york-extension-thousand

BT cannot realistically be considered competitive in the area given the aim of using transmission technology that enables 10Gbps over copper wires. This can only work over relatively short distances such as 30 metres although a 100 metre run is possible. This is all fine for BT with their mass market approach but businesses with high technology dependence will want the fault-free ( interference free) resilience of a pure fibre optic link. The BT technology test is susceptible to electromagnetic interference.

[edwardt] 26/3/2015 17:34

some juicy volume gone thru

[battlebus2] 23/3/2015 17:53

Finncap reiterated their corporate stance but raised the target price from 110 to 115.

[battlebus2] 23/3/2015 13:25

Yes very happy with progress here.

[teleprompter] 23/3/2015 11:58

Slightly ahead of forecasts. The contract run rate - £6m for the first quarter of this year compared to £11m for the last 12 months - is encouraging.

[jans3] 23/3/2015 10:35

Great results out today.

[teleprompter] 06/3/2015 07:34

The link below gives a little more insight to the Edinburgh signing. Competiton speeds look fairly lacklustre.

hxxp://www.thinkbroadband.com/news/6863-edinburgh-the-next-gigabit-city-from-cityfibre.html

[teleprompter] 06/3/2015 07:30

DLKU
You give a turnover figure of £1.8m. For what period?
What is the cash burn figure, or, if you like, expenditure by the company for a given period?

[dlku] 03/3/2015 07:48

Turover of £1.8m

Cash burn still way to high

[battlebus2] 03/3/2015 07:42

CITYFIBRE INFRASTRUCTURE HOLDINGS PLC

('CityFibre' or the 'Group' or the 'Company')

CityFibre brings Gigabit City vision to Edinburgh

CityFibre (AIM: CFHL), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce that it has signed an agreement with leading Scottish network serviceprovider, Commsworld, for the first phase of deployment of pure fibre network infrastructure in Edinburgh.

The initial 50km, of an anticipated 150km build, is backed by a contractual commitment from Commsworld to migrate a significant proportion of its large existing base of business customers onto CityFibre's new fit-for-purpose infrastructure. As in all its previously announced projects, the Total Contract Value ("TCV") to capex coverage ratio during the build is anticipated to be well within the Company's previously stated range.

The initial new network deployment will bring gigabit connectivity to within reach of an estimated 7,000 businesses, and establishes Edinburgh as CityFibre's next Gigabit City project.

Construction will commence this summer, and initial planning is already underway. As with CityFibre's other Gigabit City projects in Coventry, Peterborough, York and Aberdeen, the network will be deployed in-line with the company's "Well Planned City" design philosophy. This highly-sophisticated planning approach optimises network design and deployment to accommodate current and future capacity requirements from all aspects of a city's community under a shared infrastructure model.

[edwardt] 04/2/2015 15:35

emphasis on the so...

[edwardt] 23/1/2015 17:15

i smell 80p in a month or so.

[jans3] 22/1/2015 10:00

Trading update out, looks very positive. Long term potential fantastic. Continually amazed this isn't higher.

[jc1546] 03/1/2015 12:25

Tipped in The Guardian on 31 Dec 14 - probably accounts for rise