Freedom4 Comm. Share Discussion Threads

[howling] 25/5/2008 07:31

Totally agree Troy , £44.44p PER SHARE

[troys] 25/5/2008 07:22

Morning howling. Only £33.33 per share? :-)

[howling] 25/5/2008 07:07

Good Morning Doomers. All my best wishes for £33.33 share price

[spights] 23/5/2008 13:51

zimbi I have just registered.....Thankyou.Please can you check WLW for me?

[zimbi] 23/5/2008 13:32

try here spights

https://www.euroclear.com/site/public/CRE

[spights] 23/5/2008 13:02

ps0u3165 thankyou.I am really upset with advfn ..the Crest Loan figures are so important.They take £46.99 off me every month.

[ps0u3165] 23/5/2008 12:08

spights

Answer to a question you asked awhile back referring to crest on loan figures. seen this posted on another BB.

ADVFN have had a bit of a spat with Crest, so they won't be providing the data any longer.

This apparently happen in April, hence no figures since then.

[growthhunter] 23/5/2008 11:03

advertising for manchester

ignore the article

[spights] 20/5/2008 14:55

MM thankyou:o)

[monkey_mafia] 20/5/2008 14:29

from think broadband:

FREEDOM4 acquires BOZII service
Tuesday 20 May 2008 14:36:18 by Andrew Ferguson
BOZII who provide roaming access to some 40,000 Wi-Fi hotspots across 88 countries has been acquired by the wireless broadband provider FREEDOM4 and will now be known as FREEDOM4 WiFi.

"We are delighted with the acquisition as the collaboration of WiFi and WiMAX networks is an important step for the convergence of data networks in the UK. With the support and expertise of FREEDOM4, we look forward to growing our aggregated network and offering the service to an increased number of users."

Richard Cunliffe, of BOZII
FREEDOM4 currently has WiMAX services in three UK cities, Manchester, Warwick and Milton Keynes. By adding a roaming Wi-Fi option it adds an important component to its product portfolio and gives its users much greater flexibility.

[spights] 20/5/2008 07:14

Thankyou bubface.

[troys] 20/5/2008 06:33

thanks bubface

[bubface] 19/5/2008 16:47

didn't help much unfortunately!

Collins Stewart Europe Limited is stockbroker to Freedom4 Communications and
makes a market in its shares. This document is Non-independent Research and
a marketing communication. Please see disclaimer for further information
Freedom4 Communications
UK | Telecoms | FFC LN 16 May 2008
Contact
Mark James
[phone]
[e-mail]
Recommendation Buy
Price 1.66p
Post Distribution
Target 2.60p
FY 2007 results superseded by March distribution

Little new news since March
Full year results for the year ended December 2007 have been largely
superseded by the sale of the hosting business and return of cash to
shareholders in March 2008
see our Cash Return note dated 17 March
2008. With limited new news on Wimax network roll out we expect investors
may concentrate on the apparent disparity between asset values and the
market cap.
Current share price places little value on the cash held in escrow..
We set out overleaf
our estimate of the assets of F4C at present. The
company has around £3m of cash, offset by some commitments to invest
into the Wimax JV. Over and above this the company has £17.5m (1.64p a
share) of loan notes due from Oakley Capital, repayable within 18
months of
issue (April 2008), which it intends to distribute to shareholders via a
subsequent distribution, and a further net £10m cash held in escrow (0.93p
a share).
.. and little value on the Wimax JV
Post the cash return F4C also retains its 52% stake in the Wimax JV with
Intel. There is nothing in the current share price in our view for this venture.
Perhaps this is understandable: the JV has just finished trials, has yet to
articulate detailed roll-out plans and the business case for Wimax remains
unproven. But at the very least it has option value at these price levels, in
our view.
2.60p price target justified on loan notes and escrow cash alone
We have set an initial price target of 2.60p: the total of the loan notes and
the cash held in escrow
and initiate with a Buy rating. Higher valuations are
perfectly possible but we suspect investors will want further details of a
successful commercial roll out in order for the shares to reach higher levels.
Additional data
Market Cap: £21m
EV: £21m
Shares issued: 1,070m
Daily ave. volume: 4m

[troys] 19/5/2008 16:38

near 57m traded today!!

[gerri-c] 19/5/2008 09:19

Chunky trade @ 1.85p

[troys] 19/5/2008 06:21

WiMax promise finally fulfilled for city centre residents
By Tim Chapman


Wireless broadband has been a long time coming to Manchester. But service provider Freedom4 is now preparing for a marketing push and roll-out of coverage that should see its WiMax service available across the city centre.

It's been over two years since internet service provider Pipex and Intel Capital, the investment wing of the US IT giant, promised to deploy wireless broadband across Manchester and London by 2007. The Pipex group has since been dismantled, but the service project is being continued by two former divisions, Freedom4 and Vialtus.

Direct access


WiMax is a different proposition to the familiar local wireless networks, which connects computers to a base station, which is in turn plugged into a digital subscriber line (DSL) or cable connection. WiMax does away with this hard-wired connection, providing direct access from a wireless router.

Freedom4 currently has nine WiMax cells installed around Manchester, each covering around one square kilometre. Three are in the city centre, with the rest dotted around suburbs from Moss Side to Cheetham Hill.

The firm plans to install further cells to cover well over 250,000 premises by the end of the year.

"We're concentrating on the city centre, and where SMEs are based," said Brendan O'Rourke, chief operating officer at Freedom4.

WiMax has been called a technology in search of a market, but O'Rourke said that SMEs are the main target of the marketing campaign it is launching this month in partnership with local resellers. "We've learned a lot about where we can fit within the market."

O'Rourke expects some initial take-up from businesses adopting WiMax as a back-up to their own wired broadband.

"There's always a concern about using new technologies, but using this as a back-up is a way of testing the technology very cheaply," he said.

Industry experts say the time might have come for WiMax. "We're just at that stage of the adoption surge where we'll suddenly see it springing up all over the place," said NCC Group's technical director Paul Vlissidis.

[benboy] 18/5/2008 06:36

Hi guys. Just popped in to see who is still around. I got out, thank God, long before the final shafting.

For those still here, remember, Dubens offered the whole company for sale!

After much trawling and scrutiny by potential buyers, the scrag ends that nobody wanted ended up in a dustbin at the back of the shop.

Purchased and rewrapped by the master of sleight of hand it parades as an embryo with all the aspirations and dreams of a vibrant young entrepreneur. New credibility lent in the guise of an upside valuation hinting at an easy profit.

It is a minnow of minnows with a few quid in cash and securities. It wont take long using that up.

It may be that I am deramping so I can buy all your shares cheap and keep all the profit myself (ho ho ho!!!)or......It may be you are being shown the roses in the garden by a ramper who'll scamper.

My advice is BEWARE BEWARE BEWARE but best wishes and good luck to all of you.

Ben

[vivgav] 17/5/2008 16:05

coverage of ffc in shares mag

[veryoldbob] 17/5/2008 14:37

Heh heh: good typo by Collins Stewart! Odd that a firm on the payroll gives it a "buy rating" - CS made a packet managing the tender.

With only £3M in cash, £17.5M in a year and a half and £10M or so in escrow, something around 2p might be right, so 2.60p isn't impossible.

More worrying is the fact that they've admitted they only asked OFCOM for the license extension this February - why wait so long? The figure of £100M future investment seems a bit cheap for a full-sized network: even money the rights issue for that comes in before the £17.5M is returned, diluting the payout even more...

[zimbi] 17/5/2008 13:58

It outweighed news of widening full-year losses.

1.78 pence to 260 pence says Collins Stewart? LOL

Only with a consolidation of 150 to 1.

[gerri-c] 17/5/2008 13:22

bubface,

Thanks for the posts. Yes! Welcome news.

[bubface] 17/5/2008 11:12

"In other news, Freedom4 Communications climbed 7 percent, up 0.12 a penny to 1.78, as Collins Stewart initiated coverage on the stock with a 'buy' rating and 260 pence price target."

forbes.com.