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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Telecity | TCY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1,273.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,273.00 |
| Top Posts |
|---|
Posted at 05/12/2015 20:34 by dr_smith If you are a holder you should have it all in writing.I had an online link and went for all cash subject to availability. google telecoty offer, find: hxxp://www.telecityg and see links top right. |
Posted at 13/9/2014 11:27 by spacecake Eric joined the management team and Board of TelecityGroup on 1st September 2014. He is responsible for leading the planning and implementation of the Group’s financial strategy as well as financial reporting, policies and controls.Prior to joining TelecityGroup Eric was a Member of the Board of Management and Chief Financial Officer of Royal KPN NV, the leading telecoms and IT service provider in the Netherlands. Eric joined KPN in 2005 and held a number of senior positions including CEO of KPN Belgium, CFO of KPN Mobile International, Head of M&A and Head of Investor Relations. Before joining KPN, he worked in London in various management positions at Deutsche Bank and ABN Amro. Eric studied business economics at the University of Maastricht and holds an MBA in business administration from the London Business School. -------------------- I wonder if that M&A experience will put to the test ? |
Posted at 26/8/2014 19:36 by spacecake FTTelecity chief executive Michael Tobin makes abrupt departure. One person familiar with the situation said there had been tension between Mr Tobin and Telecity directors over future strategy for some time. He added that the board had decided to institute a “short, sharp shock” to allow for a search for candidates in an “open and transparent way.” and... “Mike has clearly been an impressive entrepreneur, but we believe that the board is right to question whether he has the rights skills to take the business forward as a large mid-cap business,” wrote analysts at Liberum, the investment banking group, in a research note. “We believe that Mike’s departure will be well received as shareholders look for increased focus on return on capital and cash generation. However, there may be some concerns about changing the CEO and CFO in such quick succession,” the Liberum analysts added. but also today.... (if you can believe it) TeleCity Group Plc (LON:TCY)‘s stock had its “sell” rating reaffirmed by equities researchers at Liberum Capital in a research report issued to clients and investors on Tuesday. They currently have a GBX 685 ($11.34) price objective on the stock. |
Posted at 05/8/2014 16:47 by spacecake Some reaction to the results...Investors chronicle Telegraph Citywire |
Posted at 04/8/2014 10:28 by spacecake Investor presentation Q&A worth listening too |
Posted at 18/2/2014 18:45 by eyesoc So it must look cheap to American investors or be a takeover target |
Posted at 19/12/2013 10:32 by ukinvestor220 Telecity does weakness give an opportunity?By Chris Bailey - Tuesday 10 December 2013 Share this article with your comrades in revolutionary capitalism Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article. Most investors can see that data and the internet are still strong investment themes. Despite phenomenal growth over the last decade, consumer and business on-line activity is still growing fast. We can all see this in our day-to-day lives, as we interact with a growing range of devices. So if I then said that the leading UK-listed company in the backbone of ensuring these consumer and corporate data and related requirements were met was trading near a two year share price low, then I think you would agree it was worth a look, at least. Telecity (TCY) is Europe's leading provider of 'premium carrier-neutral data centres' with data centres in prime city centre positions from London to Helsinki to Istanbul plus many others in-between. As the company proudly notes on its website: 'our data centres are enabling environments in which the separate networks that make up the internet meet and where bandwidth intensive applications, content and information are hosted' Bandwidth intensive is absolutely key. Businesses and customers/consumers want to access their services and related information immediately. Managing this data flow and data transfer is becoming increasingly difficult...but that is where a company like Telecity can help. Their client list includes many well-known businesses. Back in July at their half-year results point, Telecity talked about 16-17% revenue and ebitda year year-on-year, plus they were generating cash after making expansionary capex to help them capture the current business opportunities. Back then, the shares took a tumble on fears that their new data centres would not be able to generate the returns historically seen by the group. This slide has continued and for the past few weeks the share has been trading below 700p. That's quite a fall from the psychologically important round number of a 1000p share price achieved in early July. In a timely fashion, an article appeared in the Sunday Times a couple of days ago which captured nicely some of the current fears around Telecity shares. One of the key concern points was that: 'the chief executive Michael Tobin stuck with commitments to increase capacity at some of the dozen data centres it operates around Europe, despite fears of a glut that could push rates down' The most recent corporate presentation from Telecity highlights new capacity growth across many of its existing sites...but to jump to 'fears of a glut' seems too pessimistic. Data centres are not easy to build. The location has to be right in order to offer speed to potential customers (which is why most of Telecity's locations are in city centres), additionally the significant power requirements require significant planning and interaction with planning authorities, even before you start to factor in all the operational requirements. Reflecting this and unlike so much in internet-related matters capacity additions in the market are almost exclusively coming from Telecity and its two big global peers, the US-listed Equinix and Interxion. My personal view are that given the continued growth in internet traffic and data centre requirements, these fears are overstated. Telecity themselves in their November interim management statement said that they were continuing 'to focus on creating shareholder value, through delivering controlled and profitable growth'. Additionally, Equinix were talking at a London conference last week and continued to talk positively about the sector, especially concerning opportunities in Europe. The other critique in the Sunday Times article concerned the company's communication with the market. Additional to this, the reasonably long-standing CFO is leaving at the end of January 2014, with the company yet to announce a successor. Undoubtedly these issues are overhanging the market too. Equinix announced a share buyback earlier this month and, in my view, Telecity need to similarly respond to the implied criticisms in the press at or before the next update in early February. The new CFO announcement would also be helpful for full clarity purposes as mentioned above, the company is cash generative and does not have worrying net debt levels. At around a x19 P/E rating on this year's earnings, Telecity is not the cheapest share in the market but few companies with a near £1.4bn market cap have its continued growth opportunities and can generate cash for investors even whilst investing in improving their internal infrastructure to fully capture this opportunity. Taking everything into account, with the share trading at around two year lows, I think it is time to look closely at the company due to the combination of a falling share price, a strong theme, a valuation that has compressed, few natural competitors and low sentiment in the press. Chris Bailey is a City Veteran (aged 40) who now writes for his own eclectic website www.financialorbit.c - See more at: |
Posted at 22/11/2013 08:44 by mechanical trader Missed this broker note from last weekapologies........ Telecity Group Upgraded by Numis Securities Ltd to Buy (TCY) Posted by Scott Davis on Nov 15th, 2013 Telecity Group (LON:TCY) was upgraded by research analysts at Numis Securities Ltd to a "buy" rating in a report released on Friday, Stock Ratings News reports. The firm currently has a GBX 900 ($14.40) price target on the stock, down from their previous price target of GBX 920 ($14.72). Numis Securities Ltd's price target indicates a potential upside of 40.19% from the stock's previous close. Telecity Group (LON:TCY) opened at 650.00 on Friday. Telecity Group has a 1-year low of GBX 633.00 and a 1-year high of GBX 1026.00. The stock's 50-day moving average is GBX 771.2 and its 200-day moving average is GBX 884.5. The company's market cap is £1.313 billion. TCY has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a "buy" rating on shares of Telecity Group in a research note to investors on Monday, November 4th. They now have a GBX 1,020 ($16.33) price target on the stock. Separately, analysts at Investec reiterated a "buy" rating on shares of Telecity Group in a research note to investors on Monday, November 4th. They now have a GBX 1,000 ($16.01) price target on the stock. Finally, analysts at Arden Partners Ltd reiterated a "buy" rating on shares of Telecity Group in a research note to investors on Monday, November 4th. They now have a GBX 1,230 ($19.69) price target on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of "Buy" and a consensus price target of GBX 1,028.57 ($16.46). TeleCity Group plc (LON:TCY) is a provider of network-independent data centers providing colocation and related data centre services |
Posted at 13/11/2013 18:55 by spacecake Trouble In The Datacenters?The bottom line Essentially, the evidence is that the datacenter market is maturing and pricing power appears to be moving away from the datacenter providers and toward the buyers. Meanwhile, its incumbents are still investing in new capacity. Investors in datacenter providers InterXion, Telecity and DuPont Fabros should take note. Whether the issue is going to be prove relatively short term (as is implied by Equinix's arguments over the hybrid cloud deployment issue), or if it's simply a function of oversupply, the near-term outcome is likely to be similar. The industry is facing some pressures and cautious investors should wait until there are signs of pricing power returning. hxxp://www.dailyfina |
Posted at 12/11/2013 16:36 by freddie ferret Fraser038.Re your post 1168. I will try to explain. In this world there are two types of people that buy shares. The Investor and the Trader. The trader thinks in terms of price now, direction and momentum. The investor thinks in terms of value. In value investing the investor takes a view of how much the share is worth on a fundamental basis, earnings, earnings growth and so on. If the price of a share that he likes falls then he just buys more because they are cheaper. The trader if he sees the price of a share he holds fall then he panicks and sells. As the traders panick so the share price falls further until investor buying overcomes trader selling. That is my take on things anyway. If I buy at 200p I will get five times as many shares compared to buying at 1000p. It is your attitude toward the company that counts. |
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