Spdr � Comm Discussion Threads

[waldron] 04/2/2003 14:55

tireaider,not sure but certainly is the type of share that could double in very short time. As i have said not for me. But its worth looking at the History.

Date: 23rd October 2002

RNS - COMPLETION OF THE ACQUISITION OF TRANSIGENT LIMITED ("TRANSIGENT")

Further to the announcement released on 27 September 2002, Zipcom, the AIM-listed telecommunications operator, is pleased to announce the completion today of its acquisition of Transigent (the "Acquisition") for a total consideration of £9.74 million.

The initial consideration for the acquisition has been satisfied by the issue to the vendors of 277,777,778 Consideration shares in Zipcom, representing 39.12 per cent of the enlarged share capital, and by way of £3.49 million issue of Loan Notes.

In addition, Collins Stewart placed with institutional and other investors 146,500,000 new Ordinary Shares in Zipcom at 2p per share and 1,570,000 units of £1 nominal value 7.5 per cent. convertible unsecured loan stock 2012, raising approximately £3.9million (net of expenses) to provide additional working capital for the Company. The Placings were underwritten by Collins Stewart.

The new Zipcom shares issued as consideration for the Acquisition and under the Placing also announced on 27 September 2002, have been admitted to the Alternative Investment Market (AIM) of the London Stock Exchange and trading in them commences today, as expected.

Commenting on the successful completion of Zipcom's acquisition, Grahame Purvis, Chief Executive of Zipcom, said:

"We are delighted that the acquisition of Transigent has been completed. Last year we acquired HighwayOne's operations in the UK which gave us a substantial infrastructure; this acquisition delivers 3,500 customers, an excellent telesales operation to complement our direct salesforce and further strengthens our management and technical skills. We will now immediately commence the process of integrating the two companies and realising the significant cost savings that the combined Group delivers. Zipcom is firmly placed as one of the leading players in the provision of local loop telecommunications services across the United Kingdom. We are confident that our enhanced product and service offerings, and extended geographical reach will deliver attractive benefits to our customers, employees and shareholders."

[tiraider] 04/2/2003 14:47

Wadron, thanks for your post.
Interested in alternative views to my own. I agree the share has been illiquid, but for some reason better known to the mms, instead of marking the price down, it has remained 'static', and trading has taken place outside of its price.
The change in characteristic of its movement recently has been that it is again trading as it should do, (overhang cleared) and as you pointed out its illiquidity, with the rising volume, we should see some fairly sharp price movements.
As you say, no accounting for taste, but when it breaks from its rectangle chart pattern, its likely to rise to 4p in a couple of days..
rgds

[waldron] 04/2/2003 14:33

It seems that the Telegraph thought ZIP a buy back in October 2001 and again in October 2002. It has not as you know proved to be the most profitable tip - the shares which were then trading at 5p have halved to 2.25p.

However, Zipcom has completed the reverse takeover of rival telecoms company Transigent, which will increase revenues and market share and strengthen its balance sheet.

The Risk Grade appears to be 53 which seems very low.

It also seems fairly valued at todays price of 2.25p

NAV/NTAV is in line with price as is Cash per share.

This is an illiquide share which i would avoid,but there`s no accounting for tast.

Also its not clear to me what benefits have actually occured due to this merger.

Time will Tell.

So one should wait and watch imho.

dyor

[tiraider] 04/2/2003 13:53

Hello interested telecom posters;

The question of the thread was who were the most likely candidates?

We all know about Thus, TWT, CW, RED, but there is a forgotten one called ZIPcom.

Pricewise and trading wise appears to be a dead duck. But if anyone is interested, look at the volumes (compared to historical volumes) of late. And as yet the price has not yet moved upwards....

Has been a bit of a dog, but looks like its about to wake up.

Has good fundamentals, and is undervalued (doesn't seem to mean much for a lot of stocks at the moment though).

I'm holding so don't let that put you off. Would be pleased to hear both positive and negative comments. DYOR

[waldron] 04/2/2003 13:46

Thats ok Q already knows

[iamtheapeman] 04/2/2003 13:43

Parker, - Spoken to R, there's some cheese in the fridge. Goes no further, ok.

[waldron] 04/2/2003 13:38

OFF TOPIC

Should rename site DELI

[maywillow] 04/2/2003 09:32

HONG KONG (AFX-ASIA) - PCCW Ltd (8.HK) has rejected a report that it is
interested in buying Energis, the British telecoms group that collapsed under
the weight of its debts last year, saying this was only market speculation.
"We can't comment on market speculation. We have nothing to announce so
far," spokesperson Parker Robinson said, commenting on a report in the Sunday
Times over the weekend.
Robinson did not comment on whether PCCW is planning to acquire the Macau
business that forms part of Cable & Wireless PLC's regional division, which was
also reported by the same paper.
At 10.39 am, PCCW was down 0.05 hkd at 6.20.
[e-mail]
st/zr

[maywillow] 03/2/2003 18:26

IF MM02 is 4th, who is 1st,2nd and 3rd in UK.



No, No don`t tell me.

yes its Orange,Vodafone and then T-Mobile respectively.

[maywillow] 03/2/2003 08:11

and the next big day for Thus is 14th February 2003.

How romantic, Nosey.

[waldron] 02/2/2003 18:04

Message Reads

Hong Kong's PCCW eyes UK telecoms assets







edit after reading, we could have been infiltrated.


Ky

[waldron] 02/2/2003 17:55

Spoke to Q the other day.

He mentioned the consolidations which Fidelity are bringing to the boil.




Fidelity is Go, Nosey. Pass it on to the Lady.










Yours Hiram

[maywillow] 02/2/2003 16:36

Code Name : Fidelity Link




yours Jeff

[ariane] 02/2/2003 15:58

Parker,

Can`t say too much now, too many people watching, you know `Nosey Parkers

You remember the Hi Fi, which meant High Fidelity and now we have Wi Fi.

You now have the next link.

[ariane] 02/2/2003 14:09

Parker, Telecoms are GO.

Thus and Colt should see interest, will give you plans later.

In the meantime,lets cast our minds back to those hazy,crazy boom days of Dot.coms and Telecoms.

You remember these photo`s don`t you











Penelope(Lady)

[parkermlady] 02/2/2003 13:53

Where is Mr Ashley James? His comments wether other posters agree or not have always provoked a decent debate and exchange of views. I would look foward to a post from MR AJ in this respect.

[parkermlady] 02/2/2003 13:48

The telecoms sector has never fully recovered after the bursting of the dot com bubble, and IMHO, many of the players are still licking their wounds.

It seems certain, at least amongst popular consensus that at some point Telewest and NTL will get together in the future.

There have been rumours abound re:Cable & Wireless with a link to THUS; maybe THUS will lose it's CEO to C&W; maybe THUS will buy some of C&Ws business etc...

Redstone seems to have good fundamentals, though its shareprice languishes.

Kingstons share price is a shadow of the past.

Looking at the point of view of returning value to the shareholders and giving encouragement to the institutions to provide support by increasing current holdings and adding new ones then would there be any benefits of some of the telecoms players, especially the smaller ones merging to cut the cost base and increase the balance sheet etc...

If so, who are the most likely candidates and why?

[theape] 03/11/2002 01:58

apparentltly tipped on 7th may with a £10 forecast.

.

[mr ashley james] 28/10/2002 12:57

Ape,

I think Daily Mail and Chronic Investor are even worse.

The Times are however excellent by broadsheet standards I think, ie realistic, professional not rampy maybe JU has taught them realism!

Cheers

Ash

[theape] 28/10/2002 12:45

I'm amazed they can still afford to buy a paper.

perhaps that explains all the grandads doing paper rounds at the moment.

[mr ashley james] 28/10/2002 12:43

HEV:-



EUA:-

[theape] 28/10/2002 12:27

Due to the great increase ( I perceive) in the telegraph being quoted as a great tips mag.

I thought it would be fun to run a hall of shame of their tips.

I personally suspect that a ramp is going on and ADVFN should investigate as if there is it is a pernicious abise of the bb by the media.

but as I am probably oversuspicious it may be fun to list their great shorts they have tipped.

I'll start with this with WMG ( tipped at 110 I believe, duly shorted by yours truly at 140 after the telegraph readers had been sucked in).

.

please keep it current and add to the list.

its a public service

[matthewa] 28/10/2002 07:10

Their best to date is WLD - World Sports Group (formerly Orchard Furniture) Around 10 months ago MMs clealy took out Tele boys to a night @ Chaplins Everyone was short this dog and MMs wanted to shake. They promtly tipped it @ £1 one Sunday. Punters bought in, the rest as they say is history..... 0P!!!!!!!!

.

[boobly] 02/12/2001 15:53

Looks like C&W may not bid for energis,but, it must still be Game - On!