Kcom Share Discussion Threads

[25cent] 26/8/2009 17:20

Better day, but it still looks like Aviva are the constant AT seller at 28p-ish.
It would seem they are selling out completly by the looks of things.
Once this overhang clears this should move up past the 30p resistance and back to 40p to complete the reveres head and shoulders, Market permitting.

Knowing KCOM's luck once the overhang is cleared the ftse will of a sudden retrace 700 points.

[optomistic] 26/8/2009 16:23

Kcom website now updated with the Major Shareholders, only to June 9th though:

As at 9 June 2009.
Major shareholders Number of shares held % of total shares
Aberforth Partners LLP 58,825,080 11.39
GAM International 39,402,250 7.63
Invesco 35,497,622 6.87
Cyrte Investment Managers 25,863,738 5.01
Aviva PLC 23,005,968 4.45
Legal and General Group 22,090,294 4.28
TD Waterhouse Investor Services 21,210,357 4.11
SVG Capital 20,057,011 3.88
SG Asset Management UK 15,987,026 3.09

[optomistic] 26/8/2009 13:36

Heck that hasn't happened for a while!!
edit. short lived though!
Well we should be getting used to not going anywhere fast.

[moneyman18] 24/8/2009 22:02

Just took this off the housing thread; I reckon thats what the banks are doing with their shares.

RBS and Lloyds sell repossessed properties to subsidiaries

Rebecca O'Connor, Property Correspondent

Britain's taxpayer-owned banks are selling repossessed property assets to their own subsidiaries to avoid billions of pounds of losses that would be incurred by selling them in the open market.

Royal Bank of Scotland (RBS), which is part-owned by the Government, has set up West Register to buy properties taken over by RBS after borrowers had fallen into default.

Lloyds Banking Group, which inherited billions of pounds of commercial property loans when it took over HBOS, is understood to have a similar subsidiary that buys assets from its owner...............



The practice, which was popular towards the end of the recession of the early 1990s, enables banks to avoid selling assets that have fallen significantly in value and are in negative equity to an outside buyer, which would leave it nursing a loss.

[moneyman18] 24/8/2009 17:44

Its a mess as usual, beginning to wish I had sold at 30p now :0(

[realcooltrader] 24/8/2009 17:32

Well, at least SVG has mopped up 5.2m.

[25cent] 24/8/2009 17:22

Yep like i said last week avviva doing the selling.
This recent share performance is quite shocking, lets hope that avviva dump the rest quick so the overhang can clear and we can move up before the market rally turns.
Kcom as always blessed with bad luck and bad timming thats for sure.

[moneyman18] 24/8/2009 09:47

Another 4 mil buy almost 5 mil at 28p and the price falls; Someone is up to something and the MM's are allowing it to happen

[moneyman18] 23/8/2009 21:10

Lets get that 40p target hit; Cause its going back to 80p; Just wish the MM's would hurry things along

[terryebby] 23/8/2009 15:12

is this a target for Daisy Communications now? £145m market cap whereas Daisy is capped at £245m

[moneyman18] 21/8/2009 18:02

I guess they are options and the holder has opted for the shares rather than the cash

[25cent] 21/8/2009 16:16

I make it about an 900 point FTSE gain that kcom has ignored over the last few weeks.
Quite astonishing really.

edit at close
Yet another On-Exchange Negotiated trade of 4.7 million goes through??

[realcooltrader] 21/8/2009 14:23

Well done opto...and keep a note of that name, makes a pleasant change. Cathy, Michelle...whatever happened to the gorgeous Anita? Not saying Cathy and Michelle aren't either, but I haven't met them!

[optomistic] 21/8/2009 14:17

Now that is service!!

Good Afternoom ........
Thank you very much for noting that we have not updated this information recently and please accept our apologies for this.
We will ensure our web site is updated with this information as soon as possible. I will send you an email to notify you of the changes as soon as the information has been updated on www.kcom.com.


Kind Regards

Michelle Barnes
Corporate Communications Executive

[optomistic] 21/8/2009 13:49

Email gone to KCOM, they are useally pretty quick in replying but could take some while to update the website I think, while they do that I guess they will just remove the old figures, that's if they can find them......probably forgotten they were there!

[25cent] 21/8/2009 13:02

Another 5 million changes hands and another up day on the market and still this wont budge.
I wonder how many more million are left overhanging at this price?

[optomistic] 21/8/2009 09:38

As you say RCT...not a lot of use! I'll email Cathy later today, see if we can get an update, hope I don't put her under too much pressure :-)

[realcooltrader] 21/8/2009 07:15

Well ,the website's f. all use, not been updated since 31st May 2007!

[optomistic] 21/8/2009 00:03

Aviva has been mentioned, but if so surely an holdings RNS would have been posted.....or from any other institution dropping that amount.
Anyone got a list of major holders handy?

[25cent] 20/8/2009 23:10

Its a real shame for KCOM holders that someone can pick up over 50 million shares in a week or so and not budge the price just 1p.
I wonder where the hell those shares are coming from?

[moneyman18] 20/8/2009 22:18

As I said before the Banks have not learn't their lesson, straight back to Gambling with peoples hard earn't money

[optomistic] 20/8/2009 16:30

Invesco appear to be buying on behalf of these three:

Bank of New York - 36,739,452
JP Morgan Chase - 10,113,550
Citibank - 12,004,841

[optomistic] 20/8/2009 16:25

Invesco taken another 6 million on board. Now 11.4%

[25cent] 20/8/2009 09:54

The problem kcom has though is that its not so shy to join in on any market retrace.
It seems like a golden window of opportunity has slipped by over the last 5 weeks.
I think the market is waiting to see the extent of the fall of in fixed line income and the turn around of the IMS before buying into the recovery story here.
I still think Bill is doing the right things and that he can turn kcom's IMS into profit but the fall off in fixed line income is going to be harder to combat.
Overall it still looks undervalued to me.

[moneyman18] 20/8/2009 08:47

Is it likely to be "Fallen" off loading his options, part of the exit agreement, pay him off