Telecity Share Discussion Threads

[ryandj2222] 07/12/2011 11:03

Gently pushing higher! nice work TCY.

[philanderer] 18/11/2011 13:57

Cashed in for a while. Will keep watching.

Luck to all holders

[philanderer] 18/11/2011 11:06

"Telecity continues to grow by putting the 'second' city first"

November 18, 2011

European data centre provider Telecity is planning to follow up its recent high profile Manchester acquisitions with further investments in the city by 2014.

Founded at Manchester Science Park in 1998, Telecity bought UK Grid, in a deal worth £11.7m in September, and Internet Facilitators, for £21.1m, last August.

It is also planning to open another 3.5MW data centre in Trafford Park, opposite MediaCityUK, early next year.

Given the current levels of activity in the north west, however, the business, which has a market value of £1.2bn , is planning further growth within three years, when it expects to have reached full capacity at its four Greater Manchester sites.

"Additional capacity will be needed in Manchester as capacity at the Trafford Park site will last about three years," said Adriaan Oosthoek, managing director UK of Telecity.

"We anticipate being full by 2014 as demand is not letting up and we expect continued growth.

"People are not going to do less on the internet tomorrow than they are today."

He added: "We've expanded in Manchester more than any other city as we see a lot of activity in Manchester.

"There are areas in Europe where we don't have locations, and we will be looking at those in the next few years, but Manchester has always been the connectivity hub for the north west – similar to London Docklands in the south east – and levels of activity are going up. We know the demand from enterprise is also under served in this area.

"We do not tend to be in secondary cities but Manchester is different. This is partly to do with our heritage but the connectivity level in Manchester is also quite large, bigger then other European locations."

Telecity, which also recently purchased Data Electronics in Dublin, now operates 27 data centres across several major European cities, employing more than 500 staff.

It sees its new site near MediaCityUK mainly serving corporate clients looking to outsource IT infrastructure, whereas the UK Grid site, at Manchester Science Park, will be aimed more at attracting technology companies.

Oosthoek said: "UK Grid was quite opportunistic. We have been full on the Science Park, at Williams and Kilburn House, for some time and this was an opportunity to expand.

"The Science Park has a lot of fibres going into it and has the interconnectivity which the tech companies are looking for.

"The MediaCityUK site is close to media content, it is high spec, has good connectivity and more than enough power, although the connectivity is the most important thing."

[philanderer] 16/11/2011 18:13

The taxing issues in London today

The Carbon Reduction Commitment (CRC) hung over London like a thick smog at last year's DCD event. This year, the clouds have parted, revealing a whole new stratosphere of challenges

....Telecity country manager for the UK and Ireland Adriaan Oosthoek says that if anything, the CRC has simply turned out to be a tax, and a "bit of a pain". "That is how we see it, and that is how our customers view it. The scheme no longer seems to work as it was intended, but that hasn't stopped us having to think about efficiency because this is a tax on carbon use," Oosthoek says.

article:

[philanderer] 16/11/2011 12:14

INXN still finding work...

AMSTERDAM--(BUSINESS WIRE)--INTERXION HOLDING NV (NYSE:INXN), a leading European provider of carrier-neutral colocation data centre services announced today, that in response to customer demand, it will build its sixth data centre (AMS6) in its Amsterdam campus area. The data centre will provide approximately 4,000 sqm of equipped space with 10 MW of customer available power and is scheduled to be completed in the fourth quarter of 2012. As of today, over 50% of the data centre has been sold.

[philanderer] 15/11/2011 23:16

InterXion Holding (NASDAQ: INXN) was given a reiterated "buy" by analysts at Citigroup. The analysts now have a $17.00 price target on the stock.

InterXion Holding (NASDAQ: INXN) was given a reiterated "overweight" by analysts at Piper Jaffray. The analysts now have a $19.00 price target on the stock.

[philanderer] 15/11/2011 13:12

'London capital markets and the data center'

Markets have retained confidence in the data center space, where bigger is better for high-net-worth individuals such as premiership footballers and large institutional investors

...The established players, all the big guys like Telecity, Interxion, Global Switch and DRT, have already got the business so they have been able to raise money. Valuations have been good and debt has been raised cheaply. Capital is cheap for those businesses," Harrington says.

article :

[philanderer] 14/11/2011 23:53

'Cloud is The World's Economic Opportunity'

[philanderer] 14/11/2011 19:41

Lowest volume for a while , just over 300k traded.

DJones tanking again.... markets seem to be looking as usual at 10 year Italian bonds now back up to 6.7% after todays sale... and the new one today is the Spanish 10 year bond now yielding 6%+

Maybe some consolidation now due for TCY around the 600p level ?

[philanderer] 14/11/2011 08:28

Another non-exec purchase last friday..

Maurizio Carli, one of the Company's non-executive Directors, purchased 10,000 ordinary shares at a price of 620 pence per Share.

[philanderer] 11/11/2011 23:04

And big volume in EQIX today.. 1m+ traded and ending +8%

[philanderer] 11/11/2011 19:22

Analysts at Zacks Investment Research reiterated an "outperform" rating on shares of Equinix in a research note to investors on Thursday, November 3rd. They now have a $112.00 price target on the stock. Analysts at Benchmark Co. reiterated a "buy" rating on shares of Equinix in a research note to investors on Thursday, October 27th. They now have a $115.00 price target on the stock. Also, analysts at Citigroup (NYSE: C) reiterated a "buy" rating on shares of Equinix in a research note to investors on Thursday, October 27th. They now have a $124.00 price target on the stock

[philanderer] 11/11/2011 17:01

1m + again traded today.... good week :-)

[philanderer] 11/11/2011 16:12

Equinix (NASDAQ:EQIX) was initiated with 'Overweight' at JP Morgan today.

[philanderer] 11/11/2011 11:43

ItchyCrack, big volume again today, 750k traded so far.

I agree it won`t be long before those potential bidders are being talked about again i.e Equinix, Interxion and even Dell.

[itchycrack] 11/11/2011 08:37

...and all this in a very volatile market too! Telecity has some excellent defensive qualities in this market.

I wonder also if someone is sniffing around Telecity? Possible bid action on the way? Volume seems to be increasing. Cash is cheap at the moment and the future growth for Telecity is looking very strong, so it would make sense for a potential bidder to make a move sooner rather than later? All IMHO of course.

[philanderer] 10/11/2011 22:41

Interesting to see the traded volumes this week since monday`s IMS....four straight days of well above the average.

monday 700k
tuesday 950k ( 300k for the MD sale)
wednesday 750k
thursday 1.1m

[philanderer] 10/11/2011 17:06

1.1m traded today... healthy slight pull back.

[philanderer] 10/11/2011 11:52

Good volume again today, 700k traded so far

[philanderer] 09/11/2011 22:54

'Data Center Related Stocks Deliver Positive Earnings Surprises'

[philanderer] 09/11/2011 16:51

Yep, on good volume as well... almost 800k traded.

That Euro 2 trillion debt in Italy is sure to dominate the markets for a while.

...Spain bond yields ( and also french ) also rising today.

ECB ( in other words Germany) is going to have to get the presses rolling to get anywhere near a cure.

[itchycrack] 09/11/2011 16:38

What a great end to the day, and on such a dire day for the market too!!

[philanderer] 09/11/2011 12:36

Impressive so far on a rotten market day....maybe that Q3 IMS being appreciated now from earlier in the week ?

[philanderer] 09/11/2011 08:49

Now that does look like breakout .. 100k traded