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It's Good to Talk + Text with OOM (OOM)
ainsoph - 08 Feb 2003 15:32
This sums up much of my thinking - I hold a few and swing trade a few and even trade intraday sometimes ......
I think there is a lot of slack that management can cut out of the costs and would also anticipate sector consolidation ..... good value currently and have been holding their own in a falling market. Lot of US interest.
ains
Edited by Dominic White
(Filed: 08/02/2003)
Texting makes MmO2 sexy but it's also risky
More and more Britons are discovering the joys of textual intercourse. In the month of December, we fired off more than 50m mobile messages a day, and next Friday (that's Valentine's Day, folks, in case you'd forgotten) we'll send considerably more than that.
It emerged this week that the chief beneficiary of this craze is MmO2 . BT's former mobile phone division revealed that it gets a higher proportion of revenues from texting than any of the other three operators.
Revenue from messaging grew at its fastest rate ever in the last quarter, up 19pc, and data services as a proportion of MmO2 's revenue rose to 17.7pc from 15.6pc.
More good news was the rise in MmO2 's average revenues per customer. ARPUs, as nerdy analysts like to dub them, grew by 5pc to 243 in the UK and by 9pc in Germany to 212.
MmO2 now has 19.1m subscribers and in Britain it may be the smallest player, with 11.9m users, but it is growing faster than its rivals - testament to the success of its rebranding from BT Cellnet.
Only 114,000 of its 503,000 new UK subscribers were higher-spending contract customers, but MmO2 claims its pre-pay customers have started spending more than before.
Customer growth in Germany, which continues to be dominated by T-Mobile and Vodafone, is less impressive and the MmO2 share price ascribes little or no value to this part of the business.
That seems unfair, given the fact that the group has attracted higher-spending customers and has made a decent fist of turning the operation around. An eventual sale or merger is almost as inevitable as a disposal of the Dutch unit, which is losing customers.
MmO2 's larger rival Vodafone is trading on a free cashflow yield of 6pc, while at 49p this week, MmO2 's equivalent valuation remains negative. It might not have Vodafone's scale or profitability but there is room for upside. A risky buy.
I think there is a lot of slack that management can cut out of the costs and would also anticipate sector consolidation ..... good value currently and have been holding their own in a falling market. Lot of US interest.
ains
Edited by Dominic White
(Filed: 08/02/2003)
Texting makes MmO2 sexy but it's also risky
More and more Britons are discovering the joys of textual intercourse. In the month of December, we fired off more than 50m mobile messages a day, and next Friday (that's Valentine's Day, folks, in case you'd forgotten) we'll send considerably more than that.
It emerged this week that the chief beneficiary of this craze is MmO2 . BT's former mobile phone division revealed that it gets a higher proportion of revenues from texting than any of the other three operators.
Revenue from messaging grew at its fastest rate ever in the last quarter, up 19pc, and data services as a proportion of MmO2 's revenue rose to 17.7pc from 15.6pc.
More good news was the rise in MmO2 's average revenues per customer. ARPUs, as nerdy analysts like to dub them, grew by 5pc to 243 in the UK and by 9pc in Germany to 212.
MmO2 now has 19.1m subscribers and in Britain it may be the smallest player, with 11.9m users, but it is growing faster than its rivals - testament to the success of its rebranding from BT Cellnet.
Only 114,000 of its 503,000 new UK subscribers were higher-spending contract customers, but MmO2 claims its pre-pay customers have started spending more than before.
Customer growth in Germany, which continues to be dominated by T-Mobile and Vodafone, is less impressive and the MmO2 share price ascribes little or no value to this part of the business.
That seems unfair, given the fact that the group has attracted higher-spending customers and has made a decent fist of turning the operation around. An eventual sale or merger is almost as inevitable as a disposal of the Dutch unit, which is losing customers.
MmO2 's larger rival Vodafone is trading on a free cashflow yield of 6pc, while at 49p this week, MmO2 's equivalent valuation remains negative. It might not have Vodafone's scale or profitability but there is room for upside. A risky buy.
goodfella - 08 Feb 2003 21:16 - 2 of 498
test
Andy
- 09 Feb 2003 00:19
- 3 of 498
goodfella,
Welcome to AM!
One of the benefits of belonging to this site is it's moderation, unlike other so called popular sites!
Behaviour tolerated over there is not here, so sensible discussion rather than gratuitous abuse, to the benefit of the BB.
I'm sure you will find this moderation provides for a better bb for all.
Andy.
Welcome to AM!
One of the benefits of belonging to this site is it's moderation, unlike other so called popular sites!
Behaviour tolerated over there is not here, so sensible discussion rather than gratuitous abuse, to the benefit of the BB.
I'm sure you will find this moderation provides for a better bb for all.
Andy.
goodfella - 09 Feb 2003 21:46 - 4 of 498
Andy
Thanks for your welcome and outlines of accepted practise which is indeed to be applauded.
One would assume you will not tolerate posting by multiple aliases, which was responsible for a great deal of the problems on other sites and led to certain individuals achieving the notorious distinction of being banned from two different BB in succession.
Thanks for your welcome and outlines of accepted practise which is indeed to be applauded.
One would assume you will not tolerate posting by multiple aliases, which was responsible for a great deal of the problems on other sites and led to certain individuals achieving the notorious distinction of being banned from two different BB in succession.
Andy
- 09 Feb 2003 21:58
- 5 of 498
goodfella,
No I wouldn't tolerate it, and whilst you refer to one situation over there, I can refer to others! I would say there is one person there posting under more than 10 different logon id's, and having conversations with himself ramping up shares. What annoys me is ADVFN have to know about it, because someone else told them.
To my knowledge that poster is not here yet, but will be, when this BB is a bit livelier, you can bet on that.
I do hope that am will not allow this to happen, and I had hoped, and still do, that a proper registration procedure will be put in place to prevent it.
Let's leave the dross where it's allowed, over the road!
Andy.
No I wouldn't tolerate it, and whilst you refer to one situation over there, I can refer to others! I would say there is one person there posting under more than 10 different logon id's, and having conversations with himself ramping up shares. What annoys me is ADVFN have to know about it, because someone else told them.
To my knowledge that poster is not here yet, but will be, when this BB is a bit livelier, you can bet on that.
I do hope that am will not allow this to happen, and I had hoped, and still do, that a proper registration procedure will be put in place to prevent it.
Let's leave the dross where it's allowed, over the road!
Andy.
ainsoph - 10 Feb 2003 10:08 - 6 of 498
fyi in a quiet market
Funeral conducted via mobile phone
February 10, 2003 04:00
Funeral-goers stranded by snow took part in a funeral in Norfolk from their home in Scotland via a mobile phone.
The family of 90-year-old Ruby Hunter had gathered at Gorleston crematorium to pay their last respects on Monday.
But Mrs Hunter's son, Ian, and daughter-in-law, Mary, were stranded by heavy snow 560 miles away in Scotland.
Rather than let them miss the service, the Rev Tony Ward agreed to rest a mobile phone on the lectern and transmit the hymns and readings to Paisley, Renfrewshire.
Mrs Hunter's daughter, Ruby Butler, 63, said her daughter Sharon Hunter, 41, who lives in Lowestoft, had come up with the idea.
"Sharon rang the number just before we went into the service and then she handed it to Mr Ward, who put it on the lectern.
"He actually announced it and said 'Ian and Mary are joining us today from Scotland' and held up the phone.
"I think the whole family thought it was a nice gesture for the sake of my brother. My mother would have thought it was marvellous."
Ian Hunter, 58, said the link made the traumatic day easier for him. The retired Rolls-Royce worker and his wife listened to the service using two phone handsets at home.
The couple and two cousins had already bought their train tickets to travel to the service, but their plans were wrecked by driving snow and gale-force winds.
"It hurt, of course, that we couldn't be there, but there was no way round it. The weather wasn't too bad here, but I was advised by relatives not to travel," he said.
"We could hear everything. It broke up once or twice, but it was very much appreciated. We thought we were going to miss it altogether so it was a relief we were able to listen to the service, even though we were not able to be there in person."
Mr Ward, who is rector of St Andrew's Church, Gorleston, said he was pleased to put the technology to such good use.
"A lot of people grumble about mobile phones, and I've even had some go off during funeral services. It was good to find a positive use for them, and bring the family together," he said.
"We also read out a poem that Ruby's great-grandson, Stephen, had sent over the internet from Malaga, where he lives with his mum.
"I know some of my colleagues might worry that it could get out of hand with dozens of phones, but I thought 'If it helps the family, why not?'"
Funeral conducted via mobile phone
February 10, 2003 04:00
Funeral-goers stranded by snow took part in a funeral in Norfolk from their home in Scotland via a mobile phone.
The family of 90-year-old Ruby Hunter had gathered at Gorleston crematorium to pay their last respects on Monday.
But Mrs Hunter's son, Ian, and daughter-in-law, Mary, were stranded by heavy snow 560 miles away in Scotland.
Rather than let them miss the service, the Rev Tony Ward agreed to rest a mobile phone on the lectern and transmit the hymns and readings to Paisley, Renfrewshire.
Mrs Hunter's daughter, Ruby Butler, 63, said her daughter Sharon Hunter, 41, who lives in Lowestoft, had come up with the idea.
"Sharon rang the number just before we went into the service and then she handed it to Mr Ward, who put it on the lectern.
"He actually announced it and said 'Ian and Mary are joining us today from Scotland' and held up the phone.
"I think the whole family thought it was a nice gesture for the sake of my brother. My mother would have thought it was marvellous."
Ian Hunter, 58, said the link made the traumatic day easier for him. The retired Rolls-Royce worker and his wife listened to the service using two phone handsets at home.
The couple and two cousins had already bought their train tickets to travel to the service, but their plans were wrecked by driving snow and gale-force winds.
"It hurt, of course, that we couldn't be there, but there was no way round it. The weather wasn't too bad here, but I was advised by relatives not to travel," he said.
"We could hear everything. It broke up once or twice, but it was very much appreciated. We thought we were going to miss it altogether so it was a relief we were able to listen to the service, even though we were not able to be there in person."
Mr Ward, who is rector of St Andrew's Church, Gorleston, said he was pleased to put the technology to such good use.
"A lot of people grumble about mobile phones, and I've even had some go off during funeral services. It was good to find a positive use for them, and bring the family together," he said.
"We also read out a poem that Ruby's great-grandson, Stephen, had sent over the internet from Malaga, where he lives with his mum.
"I know some of my colleagues might worry that it could get out of hand with dozens of phones, but I thought 'If it helps the family, why not?'"
tpaulbeaumont - 10 Feb 2003 10:15 - 7 of 498
Wow, should throw a fast ball into their revenue curve shouldnt it?
ainsoph - 10 Feb 2003 10:22 - 8 of 498
Young people would be interested in improving their English and maths skills though mobile phone games, according to a new survey by the Learning and Skills Development Agency (LSDA).
The survey looked at the mobile phone habits of young adults aged 16-24, and possible future developments in mobile phone use that would appeal to them, and which could be used to facilitate learning. The survey found that the idea of games to improve basic skills would be of interest. The survey also found that over half of those questioned felt that using a mobile phone had made it easier to communicate with others.
Jill Attewell, the LSDAs m-learning manager, commented: Making learning attractive and fun for young adults is important. Their lifestyle choices need to be taken into account.
The survey looked at the mobile phone habits of young adults aged 16-24, and possible future developments in mobile phone use that would appeal to them, and which could be used to facilitate learning. The survey found that the idea of games to improve basic skills would be of interest. The survey also found that over half of those questioned felt that using a mobile phone had made it easier to communicate with others.
Jill Attewell, the LSDAs m-learning manager, commented: Making learning attractive and fun for young adults is important. Their lifestyle choices need to be taken into account.
ainsoph - 10 Feb 2003 13:05 - 9 of 498
3GSM World Congress - Coming soon
When and Where? 17 - 21 Feb, Cannes, France
http://cgi.zdnet.com/slink?195176
Keynote speakers at 3GSM World Congress include: Moon Soo Pyo, President SK Telecom;
Keiji Tachikawa, President & CEO, NTT DoCoMo; Peter Erskine, CEO, O2; Jean-Franis Pontal, CEO, Orange; Katsumi Ihara, President, SonyEricsson.
ainsoph - 11 Feb 2003 10:36 - 10 of 498
O2 GROWS ONLINE SALES LEAD IN THE UK
Released: 11 February 2003
O2 is now the clear UK market leader in online sales via its
www.o2.co.uk
site
following news that it has exceeded half a million customers. In the last year
O2 UK has more than doubled its online subscriber base, of which almost half are
high-value contract customers. In addition,
www.o2.co.uk
is the company's most
successful channel for value-added services such as ring-tones, paid-for alerts
and premium rate services.
This follows the announcement last week that O2 UK has recorded strong third
quarter growth in revenue and customer numbers and has become the number one
operator in the UK for text messaging, with a record-breaking half a billion
text messages sent by its customers in December 2002 alone.
Dave McGlade, chief executive officer, O2 UK, said: 'Our online operation is
particularly important because it enables us to build stronger direct
relationships with our customers, get valuable market feedback and drive
incremental sales of new services such as ring-tones and paid-for alerts. These
customers have consistently recorded some of the highest ARPU levels within the
mmO2 group of companies. We will continue to use our online portal to target
high value customers supported by the O2 brand and our competitive propositions
for voice and mobile data services.'
O2's online portal achieved 245 million WAP page impressions in December, more
than three times that of its nearest UK competitor, as well as 51 million web
page impressions for the three months ended 31 December 2002.
Much of this success can be attributed to the increasingly powerful O2 brand. UK
spontaneous brand awareness amongst high value customers has grown from 14% in
May 2002 to 61% in December.
mmO2
mmO2 has 100% ownership of mobile network operators in four countries - the UK,
Germany, the Netherlands and Ireland - as well as a leading mobile internet
portal business. All of these businesses are branded as O2. Additionally, the
company has operations on the Isle of Man (Manx Telecom).
mmO2 was the first company in the world to launch and rollout a commercial GPRS
(or 2.5G) network and has secured third generation mobile telephony ('3G')
licences in the UK, Ireland, the Netherlands, and Germany.
mmO2 has approximately 19.1 million customers and some 13,500 employees, with
revenues for the year ended 31 March 2002 of 4.276 billion. Data represented
17.7% of total service revenues in the quarter ending 31 December 2002.
O2 UK
O2 (UK) Ltd has over 11.95 million customers (end Dec 2002), of which
33% are contract and the remainder pre-pay. The proportion of service revenues
generated by data usage in the last quarter is 17.4%. The number of SMS messages
handled by O2 UK over the year was 4.92 billion.
O2 UK's GSM network, including GPRS capability, covers over 99% of the
population and approximately 90% of the UK by land area, and comprises more than
9,000 base stations.
O2 UK was the first mobile network in the world to have launched and
rolled-out commercial GPRS services. Work is underway to develop its future 3G
network capability.
The company has more than 200 O2 retail stores located across the UK,
plus a 40% shareholding in The Link Stores Limited.
International roaming agreements with 326 networks allow our customers
to receive and make calls in 140 countries. Additionally, O2 UK customers are
now able to roam with GPRS in 24 countries.
Released: 11 February 2003
O2 is now the clear UK market leader in online sales via its
www.o2.co.uk
site
following news that it has exceeded half a million customers. In the last year
O2 UK has more than doubled its online subscriber base, of which almost half are
high-value contract customers. In addition,
www.o2.co.uk
is the company's most
successful channel for value-added services such as ring-tones, paid-for alerts
and premium rate services.
This follows the announcement last week that O2 UK has recorded strong third
quarter growth in revenue and customer numbers and has become the number one
operator in the UK for text messaging, with a record-breaking half a billion
text messages sent by its customers in December 2002 alone.
Dave McGlade, chief executive officer, O2 UK, said: 'Our online operation is
particularly important because it enables us to build stronger direct
relationships with our customers, get valuable market feedback and drive
incremental sales of new services such as ring-tones and paid-for alerts. These
customers have consistently recorded some of the highest ARPU levels within the
mmO2 group of companies. We will continue to use our online portal to target
high value customers supported by the O2 brand and our competitive propositions
for voice and mobile data services.'
O2's online portal achieved 245 million WAP page impressions in December, more
than three times that of its nearest UK competitor, as well as 51 million web
page impressions for the three months ended 31 December 2002.
Much of this success can be attributed to the increasingly powerful O2 brand. UK
spontaneous brand awareness amongst high value customers has grown from 14% in
May 2002 to 61% in December.
mmO2
mmO2 has 100% ownership of mobile network operators in four countries - the UK,
Germany, the Netherlands and Ireland - as well as a leading mobile internet
portal business. All of these businesses are branded as O2. Additionally, the
company has operations on the Isle of Man (Manx Telecom).
mmO2 was the first company in the world to launch and rollout a commercial GPRS
(or 2.5G) network and has secured third generation mobile telephony ('3G')
licences in the UK, Ireland, the Netherlands, and Germany.
mmO2 has approximately 19.1 million customers and some 13,500 employees, with
revenues for the year ended 31 March 2002 of 4.276 billion. Data represented
17.7% of total service revenues in the quarter ending 31 December 2002.
O2 UK
O2 (UK) Ltd has over 11.95 million customers (end Dec 2002), of which
33% are contract and the remainder pre-pay. The proportion of service revenues
generated by data usage in the last quarter is 17.4%. The number of SMS messages
handled by O2 UK over the year was 4.92 billion.
O2 UK's GSM network, including GPRS capability, covers over 99% of the
population and approximately 90% of the UK by land area, and comprises more than
9,000 base stations.
O2 UK was the first mobile network in the world to have launched and
rolled-out commercial GPRS services. Work is underway to develop its future 3G
network capability.
The company has more than 200 O2 retail stores located across the UK,
plus a 40% shareholding in The Link Stores Limited.
International roaming agreements with 326 networks allow our customers
to receive and make calls in 140 countries. Additionally, O2 UK customers are
now able to roam with GPRS in 24 countries.
ainsoph - 11 Feb 2003 10:37 - 11 of 498
(AFX-Focus) 2003-02-11 10:26 GMT: mmO2's UK online customers rise above 500,000
LONDON (AFX) - MmO2 PLC said O2 has exceeded half a million customers via its www.o2.co.uk site, adding that in the last year O2 UK has more than doubled its online subscriber base, of which almost half are high-value contract customers.
Dave McGlade, chief executive officer, O2 UK, said: "We will continue to use our online portal to target high value customers supported by the O2 brand and our competitive propositions for voice and mobile data services."
O2's online portal achieved 245 mln WAP page impressions in December as well as 51 mln web page impressions for the three months ended Dec 31 2002.
newsdesk@afxnews.com
LONDON (AFX) - MmO2 PLC said O2 has exceeded half a million customers via its www.o2.co.uk site, adding that in the last year O2 UK has more than doubled its online subscriber base, of which almost half are high-value contract customers.
Dave McGlade, chief executive officer, O2 UK, said: "We will continue to use our online portal to target high value customers supported by the O2 brand and our competitive propositions for voice and mobile data services."
O2's online portal achieved 245 mln WAP page impressions in December as well as 51 mln web page impressions for the three months ended Dec 31 2002.
newsdesk@afxnews.com
ainsoph - 11 Feb 2003 11:23 - 12 of 498
Marginally outperforming market and sector at this time - plus 2.65%
ains
O2 claims online lead
London, February 11 2003, (netimperative)
by Chris Lake
O2 today revealed that it has doubled its online subscriber base in the past year, having attracted more than 250,000 new customers through its website.
The company, which claims to be the UK market leader in online sales, claims to have an online subscriber base in excess of 500,000, with nearly half classed as high-value contract customers.
It also said the website has also been the most successful channel for the sale of value-added services, such as ringtones and sms alerts and other premium rate services. Its online portal achieved almost a quarter of a billion WAP page impressions in the month of December, and 51m web page impressions during the last calendar quarter of 2002.
Part of this success can be attributed to O2's efforts in achieving brand awareness over the past year - the company said UK spontaneous brand awareness amongst high value customers has grown from 14% in May 2002 to 61% in December.
22 January: O2 puts 3G back until second half of 2004
ains
O2 claims online lead
London, February 11 2003, (netimperative)
by Chris Lake
O2 today revealed that it has doubled its online subscriber base in the past year, having attracted more than 250,000 new customers through its website.
The company, which claims to be the UK market leader in online sales, claims to have an online subscriber base in excess of 500,000, with nearly half classed as high-value contract customers.
It also said the website has also been the most successful channel for the sale of value-added services, such as ringtones and sms alerts and other premium rate services. Its online portal achieved almost a quarter of a billion WAP page impressions in the month of December, and 51m web page impressions during the last calendar quarter of 2002.
Part of this success can be attributed to O2's efforts in achieving brand awareness over the past year - the company said UK spontaneous brand awareness amongst high value customers has grown from 14% in May 2002 to 61% in December.
22 January: O2 puts 3G back until second half of 2004
ainsoph - 11 Feb 2003 12:34 - 13 of 498
11 Feb 2003 11:44 GMT
mm02 sees German 3G launch by Q4
LONDON, Feb 11 (Reuters) - UK-based mobile phone company Mm02 said on Tuesday it might delay its launch of high-speed, third-generation (3G) mobile phone services by a few months until around November.
Chief Executive Peter Erskine said at a press conference that the company, which had previously said it planned a German 3G launch in the late summer, was now set to bring the high-tech, multimedia phones to Germany by "late Autumn".
Mm02, the smallest of Germany's four mobile phone operators, has already delayed its 3G launch in Britain to the second half of 2004 after harsher-than-expected regulatory price cuts forced the company to rein in investment.
Mm02 has adopted a "go-slow" 3G investment strategy in Germany, which has already seen two rivals put costly 3G start-up operations on ice. But the British group plans to meet regulatory requirements and ensure that its 3G network reaches 25 percent of the population by the end of this year.
Although mm02's unit, which is branded 02 Germany, has beaten market forecasts by reaching positive EBITDA (earnings before interest, tax, depreciation and amortisation) six months ahead of guidance, it remains loss-making.
Some analysts still believe mm02 might sell the business, which has only around eight percent of a market that is 80-percent controlled by Deutsche Telekom DTEGn.DE and Vodafone Group Plc VOD.L , possibly merging it with Dutch-owned rival E-Plus KPN.AS .
Mm02 insisted last week that an extended 3G German network-sharing deal with Deutsche Telekom's T-Mobile [TMOG.UL] did not commit the group to a specific strategy in Germany. But analysts interpreted the move as an indication that any prompt sale looked less likely and mm02's shares fell.
Meanwhile, the company is in talks to sell its underperforming Dutch business, 02 Netherlands, as well as examining other options. Its other subsidiaries include a wholly-owned British and Irish operation.
mm02 sees German 3G launch by Q4
LONDON, Feb 11 (Reuters) - UK-based mobile phone company Mm02 said on Tuesday it might delay its launch of high-speed, third-generation (3G) mobile phone services by a few months until around November.
Chief Executive Peter Erskine said at a press conference that the company, which had previously said it planned a German 3G launch in the late summer, was now set to bring the high-tech, multimedia phones to Germany by "late Autumn".
Mm02, the smallest of Germany's four mobile phone operators, has already delayed its 3G launch in Britain to the second half of 2004 after harsher-than-expected regulatory price cuts forced the company to rein in investment.
Mm02 has adopted a "go-slow" 3G investment strategy in Germany, which has already seen two rivals put costly 3G start-up operations on ice. But the British group plans to meet regulatory requirements and ensure that its 3G network reaches 25 percent of the population by the end of this year.
Although mm02's unit, which is branded 02 Germany, has beaten market forecasts by reaching positive EBITDA (earnings before interest, tax, depreciation and amortisation) six months ahead of guidance, it remains loss-making.
Some analysts still believe mm02 might sell the business, which has only around eight percent of a market that is 80-percent controlled by Deutsche Telekom DTEGn.DE and Vodafone Group Plc VOD.L , possibly merging it with Dutch-owned rival E-Plus KPN.AS .
Mm02 insisted last week that an extended 3G German network-sharing deal with Deutsche Telekom's T-Mobile [TMOG.UL] did not commit the group to a specific strategy in Germany. But analysts interpreted the move as an indication that any prompt sale looked less likely and mm02's shares fell.
Meanwhile, the company is in talks to sell its underperforming Dutch business, 02 Netherlands, as well as examining other options. Its other subsidiaries include a wholly-owned British and Irish operation.
ainsoph - 12 Feb 2003 08:09 - 14 of 498
Be more German, mmO2 tells Oftel
By Dominic White (Filed: 12/02/2003) Telegraph - edited
Peter Erskine, chief executive of mmO2, yesterday attacked Britain's telecoms watchdog Oftel, saying Germany's regulator was far more reasonable towards mobile phone operators.
Mr Erskine criticised Oftel's recent imposition of cost cuts on calls between networks and said that because of its regulatory environment a start-up mobile company would find it more attractive to invest in Germany than the UK.
The Scotsman
O2 doubles UK online subscriber base
Mobile phone group mmO2 has doubled its UK online subscriber base to more than half a million over the last year.
The former BT subsidiary, which launched its services online about 18 months ago, revealed nearly half of its internet sales were long-term contracts, with the remaining customers opting for pre-pay tariffs. Dave McGlade, chief executive of O2s UK arm, said: "Our online operation is particularly important because it enables us to build stronger direct relationships and drive incremental sales of new services such as ring-tones and paid-for alerts."
By Dominic White (Filed: 12/02/2003) Telegraph - edited
Peter Erskine, chief executive of mmO2, yesterday attacked Britain's telecoms watchdog Oftel, saying Germany's regulator was far more reasonable towards mobile phone operators.
Mr Erskine criticised Oftel's recent imposition of cost cuts on calls between networks and said that because of its regulatory environment a start-up mobile company would find it more attractive to invest in Germany than the UK.
The Scotsman
O2 doubles UK online subscriber base
Mobile phone group mmO2 has doubled its UK online subscriber base to more than half a million over the last year.
The former BT subsidiary, which launched its services online about 18 months ago, revealed nearly half of its internet sales were long-term contracts, with the remaining customers opting for pre-pay tariffs. Dave McGlade, chief executive of O2s UK arm, said: "Our online operation is particularly important because it enables us to build stronger direct relationships and drive incremental sales of new services such as ring-tones and paid-for alerts."
ainsoph - 12 Feb 2003 09:02 - 15 of 498
SMS marketing gets better response than direct mail
Enpocket has published its third Insight report The response performance of SMS advertising. The study, which is based on independent ICM telephone survey work with over 5,200 consumers who had seen some of more than 200 campaigns researched by Enpocket between Oct 2001 and Jan 2003, revealed that the average campaign delivers 15% response (of any type), which is more than twice the average other industry reports have given for direct mail (sources: Gartner, DMIS)
The report also noted that the best performing response mechanisms are Reply to SMS (8% average), Visit a web site (6%), Visit a store (4%), Buy the advertised product (4%).
The research shows that 94% of messages are read, which helps explain the high levels of response and brand impact that previous Enpocket Insight reports have unveiled. 23% of messages are shown or forwarded to a friend, which indicates that the total impact of activity is significantly higher than even these figures suggest.
For the best performing campaigns, the study reveals outstanding results as follows: 46% response (of any type), 27% Reply to a message, 19% Visit a web site, 15% Visit a store. Most impressively, the best campaigns have resulted in 17% Buying the advertised product, which suggests that marketers who tailor communications most effectively to this new personal medium can generate exceptional ROI.
Commenting on the findings, Jonathon Linner, CEO of Enpocket, said: With these results, and the findings of the earlier branding report, SMS advertising has firmly proved that it is a more effective marketing channel than other media. The personal nature of the medium and high attention it commands, coupled with its unparalleled targeting and response capabilities, means marketers can deliver actionable campaigns of greater relevance and impact to their target audiences. Add to this the facts that production and delivery costs are low and that 1 in 4 messages are shown or forwarded to friends, and there is tremendous opportunity for marketers to improve total ROI through use of the medium.
Enpocket has published its third Insight report The response performance of SMS advertising. The study, which is based on independent ICM telephone survey work with over 5,200 consumers who had seen some of more than 200 campaigns researched by Enpocket between Oct 2001 and Jan 2003, revealed that the average campaign delivers 15% response (of any type), which is more than twice the average other industry reports have given for direct mail (sources: Gartner, DMIS)
The report also noted that the best performing response mechanisms are Reply to SMS (8% average), Visit a web site (6%), Visit a store (4%), Buy the advertised product (4%).
The research shows that 94% of messages are read, which helps explain the high levels of response and brand impact that previous Enpocket Insight reports have unveiled. 23% of messages are shown or forwarded to a friend, which indicates that the total impact of activity is significantly higher than even these figures suggest.
For the best performing campaigns, the study reveals outstanding results as follows: 46% response (of any type), 27% Reply to a message, 19% Visit a web site, 15% Visit a store. Most impressively, the best campaigns have resulted in 17% Buying the advertised product, which suggests that marketers who tailor communications most effectively to this new personal medium can generate exceptional ROI.
Commenting on the findings, Jonathon Linner, CEO of Enpocket, said: With these results, and the findings of the earlier branding report, SMS advertising has firmly proved that it is a more effective marketing channel than other media. The personal nature of the medium and high attention it commands, coupled with its unparalleled targeting and response capabilities, means marketers can deliver actionable campaigns of greater relevance and impact to their target audiences. Add to this the facts that production and delivery costs are low and that 1 in 4 messages are shown or forwarded to friends, and there is tremendous opportunity for marketers to improve total ROI through use of the medium.
cheapskate - 12 Feb 2003 09:23 - 16 of 498
Thanks for the excellent postings.
ainsoph - 12 Feb 2003 09:28 - 17 of 498
passes the time in a quiet market :-)) ...... market is being massaged one way one day and the other the next
down day today unless US picks up - nas futures don 3 and dow down 11 at this time - sector off 1.1%
ains
down day today unless US picks up - nas futures don 3 and dow down 11 at this time - sector off 1.1%
ains
cheapskate - 12 Feb 2003 10:10 - 18 of 498
Totally agree......
ainsoph - 12 Feb 2003 13:09 - 19 of 498
This will help
Wednesday, 12 February, 2003, 12:21 GMT
Phone users become picture savvy BBC
No trendy mobile phone should be without a camera, network operators say
Sales of mobile camera phones are surging worldwide, outpacing sales of personal digital assistants like Palms and Pocket PCs.
But of the 18 million camera phones sold in 2002, more than 70% were snapped up in Japan, and another 13% in South Korea.
CAMERA PHONE SALES (2002, in millions)
N.America 0.2
W.Europe 1.32
Asia Pacific 15.85
C.&S. America 0.03
E.Europe 0.26
Other 0.22
source: Strategy Analytics
Trailing far behind is Western Europe, where multimedia messaging services that allow the sending of pictures were rolled out only towards the end of 2002.
Experts at Strategy Analytics, who compiled the figures, predict that the sales boom will continue, but warn that a limited choice of phones on offer and ill-designed software are holding back growth.
The killer application?
Mobile phone operators around the world have invested heavily in faster mobile phone services.
Sharp's GX10 camera phone has an unusually large LCD display
However, they are still searching for so-called "killer applications" that guarantee healthy returns on these investments.
The Japanese example suggests that sending pictures from a mobile phone to friends and family - either to their phone or their e-mail inbox - could be just such a money spinner.
In the two countries with the world's most advanced mobile phone networks - Japan and Korea - nearly 16 million embedded-camera phones were sold last year alone.
Vodafone's Japanese subsidiary J-Phone was the world's leading camera phone operator in 2002, with more than six million phones on its books, although Strategy Analytics predicts that this year it will be overtaken by the country's largest mobile phone firm, NTT Docomo.
Europe, meanwhile, is playing catch-up, with 1.1 million phones sold during the last three months of 2002 alone, taking the total to 1.32 million.
In the Americas, in contrast, subscribers bought just 230,000 camera phones.
The temptation of multimedia messaging comes at a price for network operators.
Strategy Analytics estimates that each camera phone sold in Western Europe is subsidised by up to $500.
As a result, camera phones last year outsold personal digital assistants by five million units.
Camera phones and 'wicked people'
And there is the danger of a social backlash against camera phones.
The screen of Nokia's new 7250 camera phone is too small, says Strategy Analytics
James Bond proved in his film how easy it is to snatch a picture with a camera phone, and thousands are following suit.
On a multitude of web sites, irresponsible happy camera phone owners are showing off indiscreet pictures taken without the subject's knowledge.
Japanese camera phone maker Yatane is selling phones that make a loud shutter noise to warn people that they have had their picture taken.
Saudi Arabia has taken the more radical approach and banned the sale of camera phones outright because of their potential "misuse by wicked people".
The issues of privacy, decency - and secrecy - are being discussed in other countries as well.
Singapore, China, Ireland, Scotland, Japan, and Dubai are among the countries where authorities or companies have banned the use of camera phones in government buildings, public swimming pools, fitness centres and schools.
Not user-friendly
But the biggest hurdle for the take-up of camera phones is the same that plagued European mobile phone users in the 1980s and is still holding back services like text messaging in the United States: Many multimedia messages can not be sent from one phone network to another.
Poor software, warns Strategy Analytics, is another big problem.
Most camera phones have a navigation that is not very user friendly.
"Device vendors and carriers must take note that they risk slowing future camera phone growth if they do not heed the lessons of WAP."
Wap bombed with the public, after failing to deliver their promise of providing internet services on the move.
And there is the issue of choice. There are not many camera phones to chose from, although Japan recently has seen a boom with 25 models now available.
Wednesday, 12 February, 2003, 12:21 GMT
Phone users become picture savvy BBC
No trendy mobile phone should be without a camera, network operators say
Sales of mobile camera phones are surging worldwide, outpacing sales of personal digital assistants like Palms and Pocket PCs.
But of the 18 million camera phones sold in 2002, more than 70% were snapped up in Japan, and another 13% in South Korea.
CAMERA PHONE SALES (2002, in millions)
N.America 0.2
W.Europe 1.32
Asia Pacific 15.85
C.&S. America 0.03
E.Europe 0.26
Other 0.22
source: Strategy Analytics
Trailing far behind is Western Europe, where multimedia messaging services that allow the sending of pictures were rolled out only towards the end of 2002.
Experts at Strategy Analytics, who compiled the figures, predict that the sales boom will continue, but warn that a limited choice of phones on offer and ill-designed software are holding back growth.
The killer application?
Mobile phone operators around the world have invested heavily in faster mobile phone services.
Sharp's GX10 camera phone has an unusually large LCD display
However, they are still searching for so-called "killer applications" that guarantee healthy returns on these investments.
The Japanese example suggests that sending pictures from a mobile phone to friends and family - either to their phone or their e-mail inbox - could be just such a money spinner.
In the two countries with the world's most advanced mobile phone networks - Japan and Korea - nearly 16 million embedded-camera phones were sold last year alone.
Vodafone's Japanese subsidiary J-Phone was the world's leading camera phone operator in 2002, with more than six million phones on its books, although Strategy Analytics predicts that this year it will be overtaken by the country's largest mobile phone firm, NTT Docomo.
Europe, meanwhile, is playing catch-up, with 1.1 million phones sold during the last three months of 2002 alone, taking the total to 1.32 million.
In the Americas, in contrast, subscribers bought just 230,000 camera phones.
The temptation of multimedia messaging comes at a price for network operators.
Strategy Analytics estimates that each camera phone sold in Western Europe is subsidised by up to $500.
As a result, camera phones last year outsold personal digital assistants by five million units.
Camera phones and 'wicked people'
And there is the danger of a social backlash against camera phones.
The screen of Nokia's new 7250 camera phone is too small, says Strategy Analytics
James Bond proved in his film how easy it is to snatch a picture with a camera phone, and thousands are following suit.
On a multitude of web sites, irresponsible happy camera phone owners are showing off indiscreet pictures taken without the subject's knowledge.
Japanese camera phone maker Yatane is selling phones that make a loud shutter noise to warn people that they have had their picture taken.
Saudi Arabia has taken the more radical approach and banned the sale of camera phones outright because of their potential "misuse by wicked people".
The issues of privacy, decency - and secrecy - are being discussed in other countries as well.
Singapore, China, Ireland, Scotland, Japan, and Dubai are among the countries where authorities or companies have banned the use of camera phones in government buildings, public swimming pools, fitness centres and schools.
Not user-friendly
But the biggest hurdle for the take-up of camera phones is the same that plagued European mobile phone users in the 1980s and is still holding back services like text messaging in the United States: Many multimedia messages can not be sent from one phone network to another.
Poor software, warns Strategy Analytics, is another big problem.
Most camera phones have a navigation that is not very user friendly.
"Device vendors and carriers must take note that they risk slowing future camera phone growth if they do not heed the lessons of WAP."
Wap bombed with the public, after failing to deliver their promise of providing internet services on the move.
And there is the issue of choice. There are not many camera phones to chose from, although Japan recently has seen a boom with 25 models now available.
ainsoph - 12 Feb 2003 13:12 - 20 of 498
Britain is a nation of text maniacs, says Government
More than 16 billion text messages were sent last year, new Government figures show.
The nation sent an average of over 45 million messages a day, the Department of Trade and Industry says.
Meanwhile, an increasing number of Britain's 45 million mobile phone users sent 57 million messages on Valentine's Day.
This year the DTI predicts the number of romantic texts to rise to 68 million.
The popularity of texting will, the DTI suggests, come at the cost of the more traditional Valentine Card of which an estimated 13 million are expected to be sent.
E-commerce Minister Stephen Timms said: "It's great to see mobile technologies being embraced so wholeheartedly by consumers in the UK.
"Texting is an instant, easy way to get in touch, and as these statistics for Valentine's Day show, not just for trivial communications.
"And with the advent of new technology, such as picture messaging and 3G, this time next year we won't just be expressing ourselves amorously through text."
Story filed: 12:21 Wednesday 12th February 2003
More than 16 billion text messages were sent last year, new Government figures show.
The nation sent an average of over 45 million messages a day, the Department of Trade and Industry says.
Meanwhile, an increasing number of Britain's 45 million mobile phone users sent 57 million messages on Valentine's Day.
This year the DTI predicts the number of romantic texts to rise to 68 million.
The popularity of texting will, the DTI suggests, come at the cost of the more traditional Valentine Card of which an estimated 13 million are expected to be sent.
E-commerce Minister Stephen Timms said: "It's great to see mobile technologies being embraced so wholeheartedly by consumers in the UK.
"Texting is an instant, easy way to get in touch, and as these statistics for Valentine's Day show, not just for trivial communications.
"And with the advent of new technology, such as picture messaging and 3G, this time next year we won't just be expressing ourselves amorously through text."
Story filed: 12:21 Wednesday 12th February 2003
ainsoph - 12 Feb 2003 13:14 - 21 of 498
Volumes on oom are very low this morning with only 7 million traded
London, Feb. 12 (Bloomberg Data) -- Vodafone Group Plc (VOD LN) was raised to ``add'' from ``hold'' by analyst Jamie Mariani at ABN Amro.
London, Feb. 12 (Bloomberg Data) -- Vodafone Group Plc (VOD LN) was raised to ``add'' from ``hold'' by analyst Jamie Mariani at ABN Amro.
ainsoph - 12 Feb 2003 15:54 - 22 of 498
Mobile phone ad for Minority Report dubbed menacing
'Minority Report': ad was 'menacing'
Staff, Brand Republic 09:25 12-02-2003
LONDON - A mobile phone ad for the Steven Spielberg movie 'Minority Report', which had a heavy breathing voice asking slowly 'Where's my minority report?' before shouting down the phone, has been condemned as menacing and misleading.
The ad, created for Twentieth Century Fox's 'Minority Report', was sent as a voice message to mobile phones. It started with a man drawing breath as he states slowly "Where's my minority report?" and breathing heavily before he screams "Do I even have one?". He then breathes heavily again, before stating "Do I have one?". A girl's voice states: "No."
The voice was that of Tom Cruise who starred in the film, based on a Philip K Dick short story, and was promoting 'Minority Report' on DVD and video. Although the voice ad did end with a voiceover making clear it was promoting the DVD and video, complainants argued that it was unclear they were getting an ad.
Set in 2054, Cruise plays a police officer working in Washington DC in a division known as "pre-crime" that arrests killers before they commit the crimes. The department uses three precognitive individuals to see the future.
The system works fine until Cruise's own character is named as "perpetrator" and the "precogs" predict that he will kill a man he does not know in less than 36 hours. The title 'Minority Report' refers to one of the precogs filing a report at odds with the other two. Complete agreement is needed before an arrest can be made.
The watchdog rapped the ad for being offensive and said it was likely to cause undue fear and distress. People also complained that it was unclear that they had had to pay to hear the ad by downloading it from their voicemail service.
Fox argued that the campaign reflected the futuristic, innovative and personalised marketing methods shown in the film and was only sent to those consumers who had registered their details on the movie's website. In the film, ads are personalised and tailored to every individual.
Fox maintained it was targeting people who were likely to have either seen or heard about the film and who would be familiar with Tom Cruise's voice.
The ASA watchdog said that consumers would not necessarily immediately recognise the voice as being Cruise's and considered that the message was likely to be seen as menacing and to cause serious or widespread offence and undue fear or distress.
The authority told the advertisers not to use a similar approach again and advised them to consult the Committee of Advertising Practice copy advice team before sending more advertisements to mobile phones.
Although it noted the message made clear at its end that it was an advertisement, the authority thought that that should have been made clearer earlier and told Fox to ensure future, similar ads made clearer that the message was an ad.
On the last point that consumers had to pay a charge for getting the ad, the ASA advised the advertisers to make clear when consumers were asked to give their contact details that a cost could be incurred to receive the requested information
'Minority Report': ad was 'menacing'
Staff, Brand Republic 09:25 12-02-2003
LONDON - A mobile phone ad for the Steven Spielberg movie 'Minority Report', which had a heavy breathing voice asking slowly 'Where's my minority report?' before shouting down the phone, has been condemned as menacing and misleading.
The ad, created for Twentieth Century Fox's 'Minority Report', was sent as a voice message to mobile phones. It started with a man drawing breath as he states slowly "Where's my minority report?" and breathing heavily before he screams "Do I even have one?". He then breathes heavily again, before stating "Do I have one?". A girl's voice states: "No."
The voice was that of Tom Cruise who starred in the film, based on a Philip K Dick short story, and was promoting 'Minority Report' on DVD and video. Although the voice ad did end with a voiceover making clear it was promoting the DVD and video, complainants argued that it was unclear they were getting an ad.
Set in 2054, Cruise plays a police officer working in Washington DC in a division known as "pre-crime" that arrests killers before they commit the crimes. The department uses three precognitive individuals to see the future.
The system works fine until Cruise's own character is named as "perpetrator" and the "precogs" predict that he will kill a man he does not know in less than 36 hours. The title 'Minority Report' refers to one of the precogs filing a report at odds with the other two. Complete agreement is needed before an arrest can be made.
The watchdog rapped the ad for being offensive and said it was likely to cause undue fear and distress. People also complained that it was unclear that they had had to pay to hear the ad by downloading it from their voicemail service.
Fox argued that the campaign reflected the futuristic, innovative and personalised marketing methods shown in the film and was only sent to those consumers who had registered their details on the movie's website. In the film, ads are personalised and tailored to every individual.
Fox maintained it was targeting people who were likely to have either seen or heard about the film and who would be familiar with Tom Cruise's voice.
The ASA watchdog said that consumers would not necessarily immediately recognise the voice as being Cruise's and considered that the message was likely to be seen as menacing and to cause serious or widespread offence and undue fear or distress.
The authority told the advertisers not to use a similar approach again and advised them to consult the Committee of Advertising Practice copy advice team before sending more advertisements to mobile phones.
Although it noted the message made clear at its end that it was an advertisement, the authority thought that that should have been made clearer earlier and told Fox to ensure future, similar ads made clearer that the message was an ad.
On the last point that consumers had to pay a charge for getting the ad, the ASA advised the advertisers to make clear when consumers were asked to give their contact details that a cost could be incurred to receive the requested information
thestockbuyer
- 12 Feb 2003 16:15
- 23 of 498
I think u talk too much- shut UP (ainsoph with a small 'a')
ainsoph - 12 Feb 2003 19:18 - 24 of 498
12 Feb 2003 18:19 GMT
German watchdog sees no need for mobile regulation
By Boris Groendahl
BONN, Feb 12 (Reuters) - Germany's telecom watchdog RegTP said on Wednesday it saw no need to impose price cuts on the mobile phone industry, unlike regulators in Britain, Italy and France and despite pressure from the European Union.
German prices for calls from fixed line to mobile telephones -- so called termination charges -- were among the lowest in Europe and competition between operators held them in line, RegTP's head Matthias Kurth said at a news conference in Bonn.
"We have found so far that there is no market domination on the market for call termination," Kurth said. "Competition in the end customer market is controlling the prices."
Accusing the industry of overcharging consumers for connecting calls from rival networks, regulators in Britain, France and Italy are among those planning to cut termination charges in 2003. Belgium, the Netherlands, Portugal, and Spain may follow suit.
Germany's mobile phone market is controlled by an effective duopoly of Deutsche Telekom AG's DTEGn.DE T-Mobile and Vodafone VOD.L , which command an 80 percent market share, but Kurth said that would not show in the prices.
"If you look at Britain, even after the price cuts (regulator) Oftel wants to impose, termination fees are still lower in Germany," he said. "That shows that for now, we are better off without regulation."
But mobile phone companies, which have paid over 100 billion euros ($107 billion) for new high-speed licences and sunk billions into network upgrades, have argued they might be forced to recoup that lost income by raising tariffs and handset prices.
TELECOM MARKET SLOWS DOWN
Market data presented by RegTP on Wednesday showed the telecom market in Europe's largest economy losing steam amid the economic slump, with growth flattening in mobile telephony, while plain old telephony and employment contracted.
The four German operators won over only three million new users last year, taking the total to 59.2 million, RegTP said. Average revenue per user and month remained comparatively low in Germany at 17 euros. British callers spend 22 pounds per month.
Over the telecom boom years of 1999 and 2000, user numbers had tripled, but with 71.7 percent of the population now owning a mobile phone, operators are finding it impossible to return to similar growth rates.
Call minutes on the fixed line network fell for the first time since the regulator started publishing the numbers, as heavy Internet users switched to broadband technologies and as users switched calls to mobile phones, Kurth said.
The fall in call minutes to 319 billion from 337 billion has hit Deutsche Telekom in particular, as the former monopoly relies on its cash-cow fixed line business to fund its loss-making growth divisions.
Employment in the telecom sector fell five percent last year as alternative carriers cut staff or went out of business, RegTP said.
German watchdog sees no need for mobile regulation
By Boris Groendahl
BONN, Feb 12 (Reuters) - Germany's telecom watchdog RegTP said on Wednesday it saw no need to impose price cuts on the mobile phone industry, unlike regulators in Britain, Italy and France and despite pressure from the European Union.
German prices for calls from fixed line to mobile telephones -- so called termination charges -- were among the lowest in Europe and competition between operators held them in line, RegTP's head Matthias Kurth said at a news conference in Bonn.
"We have found so far that there is no market domination on the market for call termination," Kurth said. "Competition in the end customer market is controlling the prices."
Accusing the industry of overcharging consumers for connecting calls from rival networks, regulators in Britain, France and Italy are among those planning to cut termination charges in 2003. Belgium, the Netherlands, Portugal, and Spain may follow suit.
Germany's mobile phone market is controlled by an effective duopoly of Deutsche Telekom AG's DTEGn.DE T-Mobile and Vodafone VOD.L , which command an 80 percent market share, but Kurth said that would not show in the prices.
"If you look at Britain, even after the price cuts (regulator) Oftel wants to impose, termination fees are still lower in Germany," he said. "That shows that for now, we are better off without regulation."
But mobile phone companies, which have paid over 100 billion euros ($107 billion) for new high-speed licences and sunk billions into network upgrades, have argued they might be forced to recoup that lost income by raising tariffs and handset prices.
TELECOM MARKET SLOWS DOWN
Market data presented by RegTP on Wednesday showed the telecom market in Europe's largest economy losing steam amid the economic slump, with growth flattening in mobile telephony, while plain old telephony and employment contracted.
The four German operators won over only three million new users last year, taking the total to 59.2 million, RegTP said. Average revenue per user and month remained comparatively low in Germany at 17 euros. British callers spend 22 pounds per month.
Over the telecom boom years of 1999 and 2000, user numbers had tripled, but with 71.7 percent of the population now owning a mobile phone, operators are finding it impossible to return to similar growth rates.
Call minutes on the fixed line network fell for the first time since the regulator started publishing the numbers, as heavy Internet users switched to broadband technologies and as users switched calls to mobile phones, Kurth said.
The fall in call minutes to 319 billion from 337 billion has hit Deutsche Telekom in particular, as the former monopoly relies on its cash-cow fixed line business to fund its loss-making growth divisions.
Employment in the telecom sector fell five percent last year as alternative carriers cut staff or went out of business, RegTP said.
slim jim - 12 Feb 2003 19:25 - 25 of 498
ainsoph
You seem to be all over this stock, can you tell me if this stock is easy to trade?
You seem to be all over this stock, can you tell me if this stock is easy to trade?
ainsoph - 12 Feb 2003 19:39 - 26 of 498
One of the easiest - I mostly swing trade but also happy to have a core holding.
You need to look at the newsflow and the charts
ains
You need to look at the newsflow and the charts
ains
ainsoph - 14 Feb 2003 11:23 - 27 of 498
Friday, February 14, 2003 Posted: 0816 GMT
LONDON, England (Reuters) -- WILLUBMINE? :)
British mobile phone users are expected to show their love 60 million times with romantic text messages on Valentine's Day on Friday -- about one text for every man, woman and child in the country.
The huge number of texts -- a record for Valentine's Day -- will dwarf the amount of cards traditionalists mail to their loved ones on the day reserved for lovers, the Mobile Data Association (MDA) said on Thursday.
"Last year 57 million text messages were sent on Valentine's Day but this year we are expecting at least 60 million," said a spokeswoman for the MDA, which collates data from Britain's biggest mobile operators.
"Only 12.5 million cards were sent last year so text messages were more popular by about five to one," she said.
Although the outpouring of mobile love will be huge, Britons fired off more than 100 million texts to celebrate New Year's Day this year.
About 45 million texts are sent every day in the UK, more than 16 billion annually.
LONDON, England (Reuters) -- WILLUBMINE? :)
British mobile phone users are expected to show their love 60 million times with romantic text messages on Valentine's Day on Friday -- about one text for every man, woman and child in the country.
The huge number of texts -- a record for Valentine's Day -- will dwarf the amount of cards traditionalists mail to their loved ones on the day reserved for lovers, the Mobile Data Association (MDA) said on Thursday.
"Last year 57 million text messages were sent on Valentine's Day but this year we are expecting at least 60 million," said a spokeswoman for the MDA, which collates data from Britain's biggest mobile operators.
"Only 12.5 million cards were sent last year so text messages were more popular by about five to one," she said.
Although the outpouring of mobile love will be huge, Britons fired off more than 100 million texts to celebrate New Year's Day this year.
About 45 million texts are sent every day in the UK, more than 16 billion annually.
ainsoph - 17 Feb 2003 15:20 - 28 of 498
Are you a mobile one percenter?
By Antony Savvas at 3GSM World Congress in Cannes [17-02-2003]
Bleak outlook for 3G, say analysts
Less than 0.01 per cent of mobile users are currently accessing services via European 3G, despite licences being granted three years ago, delegates at the 3GSM World Congress were told today.
Moreover, less than one per cent of the world's subscribers currently use GPRS, two years after it was launched as the big step towards 3G.
Michele Scanlon, research director at wireless analyst EMC, said that there were 4.3 million GPRS subscribers worldwide, with 2.6 million of these in western Europe. The total subscriber base is 1.134 billion.
The lack of enthusiasm among users to access more data on the move is further illustrated by the small numbers of UK users using multi-media messaging (MMS), or picture messaging, a key application operators are promoting on their underused GPRS networks.
By the end of last year, Orange and Vodafone combined had sold just 150,000 MMS handsets in the UK.
These figures are very poor considering MMS handsets have been heavily subsidised, came with three months free picture messaging and operators spent millions of pounds on marketing campaigns.
Rupert Reid, a consultant at analyst ARC Group, estimated that over half of all handsets would include MMS technology by the end of 2004, provided users want such services when they are bundled
Although SMS was bundled with a large number of phones from the early 1990s, the text messaging explosion didn't happen until the late 1990s.
Scanlon said that a big jump in the availability of 3G networks would take place between the end of this year and 2004.
But poor take-up of the current crop of data services, apart from the popular SMS technology, would likely further delay 3G networks.
Reid explained that data currently makes up around 10 per cent of operator revenues and that it would take another technology to increase this share to 30 per cent.
By Antony Savvas at 3GSM World Congress in Cannes [17-02-2003]
Bleak outlook for 3G, say analysts
Less than 0.01 per cent of mobile users are currently accessing services via European 3G, despite licences being granted three years ago, delegates at the 3GSM World Congress were told today.
Moreover, less than one per cent of the world's subscribers currently use GPRS, two years after it was launched as the big step towards 3G.
Michele Scanlon, research director at wireless analyst EMC, said that there were 4.3 million GPRS subscribers worldwide, with 2.6 million of these in western Europe. The total subscriber base is 1.134 billion.
The lack of enthusiasm among users to access more data on the move is further illustrated by the small numbers of UK users using multi-media messaging (MMS), or picture messaging, a key application operators are promoting on their underused GPRS networks.
By the end of last year, Orange and Vodafone combined had sold just 150,000 MMS handsets in the UK.
These figures are very poor considering MMS handsets have been heavily subsidised, came with three months free picture messaging and operators spent millions of pounds on marketing campaigns.
Rupert Reid, a consultant at analyst ARC Group, estimated that over half of all handsets would include MMS technology by the end of 2004, provided users want such services when they are bundled
Although SMS was bundled with a large number of phones from the early 1990s, the text messaging explosion didn't happen until the late 1990s.
Scanlon said that a big jump in the availability of 3G networks would take place between the end of this year and 2004.
But poor take-up of the current crop of data services, apart from the popular SMS technology, would likely further delay 3G networks.
Reid explained that data currently makes up around 10 per cent of operator revenues and that it would take another technology to increase this share to 30 per cent.
ainsoph - 18 Feb 2003 11:55 - 29 of 498
More than 16 billion text messages were sent last year according to the latest government figures.
The year end figure was confirmed with the announcement of December's text messaging figure of 1.6 billion, an increase of more than 100 million on November 2002.
December's figure takes the daily average to 52 million compared to 42 million in December 2001 and 24 million in December 2000.
Mike Short, chairman of the Mobile Data Association (MDA) said: "It has been a great year for text messaging."
The year end figure was confirmed with the announcement of December's text messaging figure of 1.6 billion, an increase of more than 100 million on November 2002.
December's figure takes the daily average to 52 million compared to 42 million in December 2001 and 24 million in December 2000.
Mike Short, chairman of the Mobile Data Association (MDA) said: "It has been a great year for text messaging."
ainsoph - 19 Feb 2003 09:09 - 30 of 498
Seem to be holding their own within a tight trading range of 48/50p .... looking for outperformance within sector and market after the war .....
ains
17:35 Tuesday 18th February 2003
Graeme Wearden
Mobile phone base stations have been given a clean bill of health, but with public opposition still high, operators have been urged to work closely with local communities
For the second year running, the UK's mobile phone masts have been given a clean bill of health.
The government announced on Tuesday that the latest study into emissions from mobile phone base stations had found no evidence that safety guidelines are being exceeded.
A total of 109 mobile phone masts were tested by the Radiocommunications Agency (RA) during 2002, of which 82 were sited on schools and 27 on hospitals. Of these sites, the one with the highest emission level -- at Aintree Hospital in Liverpool -- was still over 700 times lower than the maximum allowed under international guidelines.
2002 was the second year that the RA conducted a survey of mobile phone masts, and the second time that they were given the all-clear. The government intents to conduct a third study over the course of this year.
"We are aware of public concerns and it is important to give the public the information they need. These results continue to show that exposure levels of the public are well below recommended limits," said a statement from e-commerce minister Stephen Timms, whose responsibilities include the telcoms sector.
A significant proportion of UK residents are concerned about the safety of mobile phone masts, as has been illustrated by a stream of protests across the country against mobile phone operators. Some county councils, including Kent, have even voted to ban the installation of any more base stations on their property.
The government acknowledges that feelings are high over this issue, and wants mobile operators to take this into account when planning the rollout of their networks.
"I urge the mobile phone industry to work closely with communities and each other when putting up masts and base stations," Timms said.
"They should consult with local groups, to lessen any impact on communities, and share infrastructure where possible. Building public confidence is essential to building a strong future for the industry," he added.
Some in the industry are concerned that public protests could hamper the mobile phone industry's attempts to roll out 3G networks.
ains
17:35 Tuesday 18th February 2003
Graeme Wearden
Mobile phone base stations have been given a clean bill of health, but with public opposition still high, operators have been urged to work closely with local communities
For the second year running, the UK's mobile phone masts have been given a clean bill of health.
The government announced on Tuesday that the latest study into emissions from mobile phone base stations had found no evidence that safety guidelines are being exceeded.
A total of 109 mobile phone masts were tested by the Radiocommunications Agency (RA) during 2002, of which 82 were sited on schools and 27 on hospitals. Of these sites, the one with the highest emission level -- at Aintree Hospital in Liverpool -- was still over 700 times lower than the maximum allowed under international guidelines.
2002 was the second year that the RA conducted a survey of mobile phone masts, and the second time that they were given the all-clear. The government intents to conduct a third study over the course of this year.
"We are aware of public concerns and it is important to give the public the information they need. These results continue to show that exposure levels of the public are well below recommended limits," said a statement from e-commerce minister Stephen Timms, whose responsibilities include the telcoms sector.
A significant proportion of UK residents are concerned about the safety of mobile phone masts, as has been illustrated by a stream of protests across the country against mobile phone operators. Some county councils, including Kent, have even voted to ban the installation of any more base stations on their property.
The government acknowledges that feelings are high over this issue, and wants mobile operators to take this into account when planning the rollout of their networks.
"I urge the mobile phone industry to work closely with communities and each other when putting up masts and base stations," Timms said.
"They should consult with local groups, to lessen any impact on communities, and share infrastructure where possible. Building public confidence is essential to building a strong future for the industry," he added.
Some in the industry are concerned that public protests could hamper the mobile phone industry's attempts to roll out 3G networks.
ainsoph - 19 Feb 2003 11:15 - 31 of 498
O2 suspends email-to-phone service
10:51 Wednesday 19th February 2003
Graham Hayday, silicon.com
The mobile phone operator is making 'improvements' to its email-to-phone service, resulting in the service being taken offline
O2's email-to-phone offering has been temporarily suspended as the company carries out what it describes are "improvements" to the service.
By the time of publication the mobile operator had been unable to provide any information about the nature of the "improvements" or when users can expect the functionality to return.
The full notice which greets anyone now trying to use the online service says: "Unfortunately, we regret that the 'Email to mobile' service has been temporarily suspended. Don't worry -- the service is not being completely withdrawn, but is offline whilst essential improvements are carried out. We apologise for any inconvenience this may cause, but are confident that the service will resume shortly."
This isn't the first occasion O2's customers have had such problems.
One silicon.com reader said: "It was good until Genie 'upgraded' about two years ago since when it has been, at best, erratic. The worst time was January last year when [O2's] entire email service (Web/WAP/POP3) was down for a week or so."
Meanwhile, O2 -- which sponsors the England rugby team -- is appealing for the safe return of some life-sized cardboard cut-outs of several players which have gone missing in mysterious circumstances.
According to a report on Planet Rugby, O2 produced the figures as part of an MMS promotion which took place during the games against Australia, New Zealand and South Africa last November. The company invited supporters to have their picture taken next to their "heroes".
O2 had hoped to continue this marketing activity during the Six Nations championship which kicked off last weekend -- until it emerged that the cut-outs had been stolen.
O2 is appealing for news of the figures. A spokesman is quoted as saying: "Whilst O2 does not condone theft in any shape or form, we have decided to create a cardboard cut-out amnesty. If the cut-outs are returned safe and sound to Twickenham, there'll be no questions asked and we'll say no more about it. However, we understand if you cannot bear to part from your heroes -- just let us know that they're safe."
10:51 Wednesday 19th February 2003
Graham Hayday, silicon.com
The mobile phone operator is making 'improvements' to its email-to-phone service, resulting in the service being taken offline
O2's email-to-phone offering has been temporarily suspended as the company carries out what it describes are "improvements" to the service.
By the time of publication the mobile operator had been unable to provide any information about the nature of the "improvements" or when users can expect the functionality to return.
The full notice which greets anyone now trying to use the online service says: "Unfortunately, we regret that the 'Email to mobile' service has been temporarily suspended. Don't worry -- the service is not being completely withdrawn, but is offline whilst essential improvements are carried out. We apologise for any inconvenience this may cause, but are confident that the service will resume shortly."
This isn't the first occasion O2's customers have had such problems.
One silicon.com reader said: "It was good until Genie 'upgraded' about two years ago since when it has been, at best, erratic. The worst time was January last year when [O2's] entire email service (Web/WAP/POP3) was down for a week or so."
Meanwhile, O2 -- which sponsors the England rugby team -- is appealing for the safe return of some life-sized cardboard cut-outs of several players which have gone missing in mysterious circumstances.
According to a report on Planet Rugby, O2 produced the figures as part of an MMS promotion which took place during the games against Australia, New Zealand and South Africa last November. The company invited supporters to have their picture taken next to their "heroes".
O2 had hoped to continue this marketing activity during the Six Nations championship which kicked off last weekend -- until it emerged that the cut-outs had been stolen.
O2 is appealing for news of the figures. A spokesman is quoted as saying: "Whilst O2 does not condone theft in any shape or form, we have decided to create a cardboard cut-out amnesty. If the cut-outs are returned safe and sound to Twickenham, there'll be no questions asked and we'll say no more about it. However, we understand if you cannot bear to part from your heroes -- just let us know that they're safe."
ainsoph - 19 Feb 2003 11:15 - 32 of 498
02/19 05:17
MMO2 May Use EDGE Technology to Cut Network Building Costs
By Dex McLuskey
Cannes, France, Feb. 19 (Bloomberg) -- MMO2 Plc, the fastest- growing U.K. wireless carrier, may cut the cost of building networks by adopting technology that allows data to be carried faster on existing systems, Chief Executive Peter Erskine said.
MMO2's Global System for Mobile Communication, or GSM, networks may add Enhanced Data-Rates for GSM Evolution, or EDGE, technology to increase data capacity and speed, Erskine said in an interview.
``It's a much lower investment cost'' than so-called third generation faster wireless services, Erskine said. ``I'm not saying it's nothing, but it's not a lot of money.''
European mobile operators are seeking ways to make more money from existing networks after spending more than $100 billion on permits to offer so-called third-generation wireless services. The companies have introduced games and photo messaging to tempt customers to spend more. Existing networks need to be upgraded to allow such data to be transferred quickly.
EDGE technology allows data such as e-mails to be transferred at speeds as much as five times faster than on General Packet Radio systems, Mike Short, Chairman of the U.K. Mobile Data Association, said in an interview. U.S. operators, such as AT&T Wireless Services Inc., already use EDGE because they can't get additional radio spectrum for faster services, he said.
MMO2 won't consider adding EDGE to its networks until handset makers such as Nokia Oyj, the world's biggest maker of mobile phones, can supply devices that allow subscribers to make calls on both EDGE-enabled networks and 3G systems. London-based MMO2 will begin 3G in Germany by the end of 2003 and in the U.K. in the second half of 2004.
``Some of the vendors are saying they're getting EDGE handsets, but we're yet to be convinced,'' Erskine said. ``Once we can see that there is a reasonable range of handsets that will use EDGE and migrate to 3G then we're very interested.''
Nokia has introduced a phone, the 6200, which uses EDGE and which is also compatible with third-generation networks.
MMO2's shares, which have lost 22 percent of their value in the past year, fell as much as 2 percent, or 1 pence, to 48.75p and were trading at 50p as of 9.30 a.m. in London.
MMO2 May Use EDGE Technology to Cut Network Building Costs
By Dex McLuskey
Cannes, France, Feb. 19 (Bloomberg) -- MMO2 Plc, the fastest- growing U.K. wireless carrier, may cut the cost of building networks by adopting technology that allows data to be carried faster on existing systems, Chief Executive Peter Erskine said.
MMO2's Global System for Mobile Communication, or GSM, networks may add Enhanced Data-Rates for GSM Evolution, or EDGE, technology to increase data capacity and speed, Erskine said in an interview.
``It's a much lower investment cost'' than so-called third generation faster wireless services, Erskine said. ``I'm not saying it's nothing, but it's not a lot of money.''
European mobile operators are seeking ways to make more money from existing networks after spending more than $100 billion on permits to offer so-called third-generation wireless services. The companies have introduced games and photo messaging to tempt customers to spend more. Existing networks need to be upgraded to allow such data to be transferred quickly.
EDGE technology allows data such as e-mails to be transferred at speeds as much as five times faster than on General Packet Radio systems, Mike Short, Chairman of the U.K. Mobile Data Association, said in an interview. U.S. operators, such as AT&T Wireless Services Inc., already use EDGE because they can't get additional radio spectrum for faster services, he said.
MMO2 won't consider adding EDGE to its networks until handset makers such as Nokia Oyj, the world's biggest maker of mobile phones, can supply devices that allow subscribers to make calls on both EDGE-enabled networks and 3G systems. London-based MMO2 will begin 3G in Germany by the end of 2003 and in the U.K. in the second half of 2004.
``Some of the vendors are saying they're getting EDGE handsets, but we're yet to be convinced,'' Erskine said. ``Once we can see that there is a reasonable range of handsets that will use EDGE and migrate to 3G then we're very interested.''
Nokia has introduced a phone, the 6200, which uses EDGE and which is also compatible with third-generation networks.
MMO2's shares, which have lost 22 percent of their value in the past year, fell as much as 2 percent, or 1 pence, to 48.75p and were trading at 50p as of 9.30 a.m. in London.
ainsoph - 19 Feb 2003 11:54 - 33 of 498
see bbc for fulll story
Mobiles 'let you control your life'
By Jane Wakefield
BBC News Online technology staff in Cannes
Mobile phones are used by people to decide how and when they communicate with the rest of the world, say researchers.
The findings are the result of a three-year study into the evolution of consumer mobile behaviour, entitled Me, My Mobile and I, by a team at Lancaster University in the UK.
The report, presented at 3GSM World Congress in Cannes, suggest that mobile devices are increasingly offering people a way to control their relationships, location and self-image.
This idea likely to provoke mixed feelings of fear and excitement in operators determined to exploit the potential of mobiles by offering a wide variety of services.
Mobiles 'let you control your life'
By Jane Wakefield
BBC News Online technology staff in Cannes
Mobile phones are used by people to decide how and when they communicate with the rest of the world, say researchers.
The findings are the result of a three-year study into the evolution of consumer mobile behaviour, entitled Me, My Mobile and I, by a team at Lancaster University in the UK.
The report, presented at 3GSM World Congress in Cannes, suggest that mobile devices are increasingly offering people a way to control their relationships, location and self-image.
This idea likely to provoke mixed feelings of fear and excitement in operators determined to exploit the potential of mobiles by offering a wide variety of services.
ainsoph - 20 Feb 2003 09:56 - 34 of 498
flat with sector and market marginally up - US futures marginally off fair value
ains
20 Feb 2003 09:33 GMT
Mobile industry struggles in wireless Web
By Lucas van Grinsven
CANNES, France (Reuters) - Tens of billions of dollars are riding on the future of fast, mobile Internet services, but industry leaders leaving the world's top wireless trade show are still struggling to justify the investment.
At the annual huddle on the sunny French coast, the 28,000 visitors as usual overloaded the local mobile phone network, underlining that the young industry still faces basic problems as it seeks to rekindle sales with advanced, data services.
European mobile carriers have sunk over 100 billion euros in third-generation (3G) wireless networks, but they no longer seem convinced that video and fast wireless access to corporate information will push up revenues.
"Operators (in Cannes) suggested an unwillingness to invest heavily in 3G until more signs of life for mobile data services emerge. In general, there is a lack of conviction in the return on investment of new mobile data services," said Jeffrey Schlesinger, a U.S.-based analyst at UBS Warburg.
As exhibitors and visitors pack up their stands and bags for another year, Motorola Inc -- the U.S. telecoms equipment group -- acknowledges the problem.
"The business model still has to evolve," handset chief Tom Lynch conceded in an interview with Reuters. Asked if consumers will ever use enough video services on their mobile phones to pay for the investments, Lynch shrugged: "To be determined."
Wary about predicting consumer appetite for potentially costly new services, companies are pooling resources. They have too much to lose after taking one of the largest gambles in corporate history on an untried technology.
"3G technology is ready. The thing is now to turn it into a mass market product," said Kurt Hellstrom, the head of the world's largest mobile network maker, Ericsson of Sweden. "Many different players need to work together," he said.
COMPLEX COOPERATION
Mobile communications have grown into a business with one billion users across the world largely because 15 years ago, European companies decided to back a single technology standard known as GSM (Global System for Mobile communication).
This means a person in London can now send a text message from a mobile phone to a friend in Hong Kong.
But now that the industry needs to take this model to the next step, by enabling consumers to send pictures, play games, get their calendars and receive email on tiny mobile devices -- and cooperation is increasingly complicated.
Despite alliances between providers of software, hardware and services announced in Cannes, analysts are sceptical about any end to traditional recriminations between operators and vendors about who is to blame for delayed services.
"Go back two years, and commentary on mobile services had a uniform message: operators had promoted services well in advance of their arrival, prompting disappointment all round," said Chris Alliott, London-based telecoms analyst at Nomura.
"This year at Cannes we can't help but feel that services are arriving faster than operators know what to do with them."
He pointed at video messages, shown here as the key application for which fast networks are needed, even before the industry has figured out how to send still pictures between different handsets across Europe.
But at least the paralysis of last year, when the mobile market was suffering from its first revenue decline after a decade of stellar growth, has been replaced by hope.
"A year or two ago people were still feeling sorry for themselves in the industry. Now they are cleaning up their balance sheets, changing management, forging partnerships," Nokia Mobile Phones vice president Erik Anderson told Reuters.
"It's not optimism but pragmatism," he said.
SEEKING PROOF
This is certainly true for the handset makers. Four of the top five handset makers were profitable again in 2002, compared with just two in 2001. But it has also become a market in which mobile phone makers are less willing to take risks.
Japan's leading mobile operator NTT DoCoMo admitted here that had it not splashed out 40 billion yen in subsidies for handset makers to develop another ten 3G models, the phones would not have arrived.
"Since the 3G handsets are not selling very much ... makers were not able to get a return on their investments," DoCoMo's Chief Technology Officer Kota Kineshita told Reuters.
It is not up to operators to decide if 3G is worth it. Businesses also need to figure out if they want to invest the millions needed to give their employees access to email and business applications on expensive mobile devices.
Microsoft says a company recoups its costs if employees are in the field at least 30 percent of their working week.
For those who see no future for 3G, network vendors here came up with a once-heralded but since forgotten intermediate technology called Edge -- also known as 3G Lite.
Edge enables almost the same services as 3G but video is of lower quality and the speed, while faster than current networks, is still slower than fully-fledged 3G.
It is certainly cheaper to upgrade networks with Edge, for which no new radio spectrum and radio base stations are needed. The Chief Executive of British mobile operator mmO2, Peter Erskine, said Edge could delay fully-fledged 3G further.
"A year ago hardly anyone had heard about Edge. Today everybody is talking about it," he said. Still, the largest network vendors believe Edge will have no impact on sales.
ains
20 Feb 2003 09:33 GMT
Mobile industry struggles in wireless Web
By Lucas van Grinsven
CANNES, France (Reuters) - Tens of billions of dollars are riding on the future of fast, mobile Internet services, but industry leaders leaving the world's top wireless trade show are still struggling to justify the investment.
At the annual huddle on the sunny French coast, the 28,000 visitors as usual overloaded the local mobile phone network, underlining that the young industry still faces basic problems as it seeks to rekindle sales with advanced, data services.
European mobile carriers have sunk over 100 billion euros in third-generation (3G) wireless networks, but they no longer seem convinced that video and fast wireless access to corporate information will push up revenues.
"Operators (in Cannes) suggested an unwillingness to invest heavily in 3G until more signs of life for mobile data services emerge. In general, there is a lack of conviction in the return on investment of new mobile data services," said Jeffrey Schlesinger, a U.S.-based analyst at UBS Warburg.
As exhibitors and visitors pack up their stands and bags for another year, Motorola Inc -- the U.S. telecoms equipment group -- acknowledges the problem.
"The business model still has to evolve," handset chief Tom Lynch conceded in an interview with Reuters. Asked if consumers will ever use enough video services on their mobile phones to pay for the investments, Lynch shrugged: "To be determined."
Wary about predicting consumer appetite for potentially costly new services, companies are pooling resources. They have too much to lose after taking one of the largest gambles in corporate history on an untried technology.
"3G technology is ready. The thing is now to turn it into a mass market product," said Kurt Hellstrom, the head of the world's largest mobile network maker, Ericsson of Sweden. "Many different players need to work together," he said.
COMPLEX COOPERATION
Mobile communications have grown into a business with one billion users across the world largely because 15 years ago, European companies decided to back a single technology standard known as GSM (Global System for Mobile communication).
This means a person in London can now send a text message from a mobile phone to a friend in Hong Kong.
But now that the industry needs to take this model to the next step, by enabling consumers to send pictures, play games, get their calendars and receive email on tiny mobile devices -- and cooperation is increasingly complicated.
Despite alliances between providers of software, hardware and services announced in Cannes, analysts are sceptical about any end to traditional recriminations between operators and vendors about who is to blame for delayed services.
"Go back two years, and commentary on mobile services had a uniform message: operators had promoted services well in advance of their arrival, prompting disappointment all round," said Chris Alliott, London-based telecoms analyst at Nomura.
"This year at Cannes we can't help but feel that services are arriving faster than operators know what to do with them."
He pointed at video messages, shown here as the key application for which fast networks are needed, even before the industry has figured out how to send still pictures between different handsets across Europe.
But at least the paralysis of last year, when the mobile market was suffering from its first revenue decline after a decade of stellar growth, has been replaced by hope.
"A year or two ago people were still feeling sorry for themselves in the industry. Now they are cleaning up their balance sheets, changing management, forging partnerships," Nokia Mobile Phones vice president Erik Anderson told Reuters.
"It's not optimism but pragmatism," he said.
SEEKING PROOF
This is certainly true for the handset makers. Four of the top five handset makers were profitable again in 2002, compared with just two in 2001. But it has also become a market in which mobile phone makers are less willing to take risks.
Japan's leading mobile operator NTT DoCoMo admitted here that had it not splashed out 40 billion yen in subsidies for handset makers to develop another ten 3G models, the phones would not have arrived.
"Since the 3G handsets are not selling very much ... makers were not able to get a return on their investments," DoCoMo's Chief Technology Officer Kota Kineshita told Reuters.
It is not up to operators to decide if 3G is worth it. Businesses also need to figure out if they want to invest the millions needed to give their employees access to email and business applications on expensive mobile devices.
Microsoft says a company recoups its costs if employees are in the field at least 30 percent of their working week.
For those who see no future for 3G, network vendors here came up with a once-heralded but since forgotten intermediate technology called Edge -- also known as 3G Lite.
Edge enables almost the same services as 3G but video is of lower quality and the speed, while faster than current networks, is still slower than fully-fledged 3G.
It is certainly cheaper to upgrade networks with Edge, for which no new radio spectrum and radio base stations are needed. The Chief Executive of British mobile operator mmO2, Peter Erskine, said Edge could delay fully-fledged 3G further.
"A year ago hardly anyone had heard about Edge. Today everybody is talking about it," he said. Still, the largest network vendors believe Edge will have no impact on sales.
ainsoph - 20 Feb 2003 11:28 - 35 of 498
20 February 2003
Telegraph brings mobile in-house
Justin Pearse
The Telegraph Group has launched an in-house mobile marketing initiative, with plans to integrate SMS into its existing print, outdoor and online ad offerings.
The first major campaign from Hollinger Telegraph New Media is an integrated aboveand below-the-line push for retailer Muji.
The company has partnered with Brainstorm to license its ASP mobile marketing solution M-Brand, enabling the full development of mobile marketing campaigns.
'This shows just how the mobile marketing industry is moving on,' said Brainstorm CEO Craig Massey. 'More and more companies, such as media owners and ad agencies, will realise they can bypass specialist mobile marketing agencies.'
This is a position agreed on by HTNM strategic development manager Robert Bridge. 'The early mobile stuff was fairly basic so we wanted to take the tools in-house, with a guiding hand,' he said.
The company is now looking to develop tailored integrated advertising packages, in particular to add interactivity to its print ads.
'We want to use mobile more and more so that a reader can react immediately,' said Bridge. 'It's potentially a very good mechanic for lead generation, enabling readers to reply to, say, car ads.'
It also plans to build its own database of mobile users.
Telegraph brings mobile in-house
Justin Pearse
The Telegraph Group has launched an in-house mobile marketing initiative, with plans to integrate SMS into its existing print, outdoor and online ad offerings.
The first major campaign from Hollinger Telegraph New Media is an integrated aboveand below-the-line push for retailer Muji.
The company has partnered with Brainstorm to license its ASP mobile marketing solution M-Brand, enabling the full development of mobile marketing campaigns.
'This shows just how the mobile marketing industry is moving on,' said Brainstorm CEO Craig Massey. 'More and more companies, such as media owners and ad agencies, will realise they can bypass specialist mobile marketing agencies.'
This is a position agreed on by HTNM strategic development manager Robert Bridge. 'The early mobile stuff was fairly basic so we wanted to take the tools in-house, with a guiding hand,' he said.
The company is now looking to develop tailored integrated advertising packages, in particular to add interactivity to its print ads.
'We want to use mobile more and more so that a reader can react immediately,' said Bridge. 'It's potentially a very good mechanic for lead generation, enabling readers to reply to, say, car ads.'
It also plans to build its own database of mobile users.
ainsoph - 21 Feb 2003 07:57 - 36 of 498
Product news
received on 21 February 2003
from Zyray Wireless
Baseband puts new spin on dual-mode 3G handsets
The rapid development of dual mode GSM/GPRS and WCDMA handsets is a significant step closer following the introduction of Zyray Wireless' Spinnerchip 1.0 WCDMA baseband processor solution.
The rapid development of dual mode GSM/GPRS and WCDMA handsets is a significant step closer following the introduction of Zyray Wireless' Spinnerchip 1.0 WCDMA baseband processor solution.
Sampling began ahead of schedule and a complete dual mode WCDMA and GSM/GPRS solution was demonstrated this week at the 3GSM World Congress in Cannes.
Proven to connect to a majority of market-leading GSM/GPRS baseband solutions, Zyray's Spinnerchip 1.0 single chip WCDMA FDD baseband processor began sampling last month.
The solution uses a standard memory interface to connect to existing GSM/GPRS baseband processors.
received on 21 February 2003
from Zyray Wireless
Baseband puts new spin on dual-mode 3G handsets
The rapid development of dual mode GSM/GPRS and WCDMA handsets is a significant step closer following the introduction of Zyray Wireless' Spinnerchip 1.0 WCDMA baseband processor solution.
The rapid development of dual mode GSM/GPRS and WCDMA handsets is a significant step closer following the introduction of Zyray Wireless' Spinnerchip 1.0 WCDMA baseband processor solution.
Sampling began ahead of schedule and a complete dual mode WCDMA and GSM/GPRS solution was demonstrated this week at the 3GSM World Congress in Cannes.
Proven to connect to a majority of market-leading GSM/GPRS baseband solutions, Zyray's Spinnerchip 1.0 single chip WCDMA FDD baseband processor began sampling last month.
The solution uses a standard memory interface to connect to existing GSM/GPRS baseband processors.
ainsoph - 21 Feb 2003 12:42 - 37 of 498
O2 reaffirms its committment to 3G
21/02/2003
O2 Ireland has reaffirmed that it will meet the 3G rollout requirements of its licence here, despite Peter Erskine talking about delays at 3GSM.
The reassurance came as the chief executive of its parent, mmO2, said it is considering using slower Enhanced Data Rates for GSM Environment (EDGE) technology in the rollout of 3G.
Although slower than the WCDMA platform which many 3G companies are delploying, EDGE is a cheaper alternative and will allow the company trim its overall expenditure on 3G.
MMO2 chief executive Peter Erskine told the 3GSM World Congress in Cannes that because of the delays and expense related to 3G deployment, the company is considering EDGE. O2 Ireland spent E114m acquiring its Irish 3G licence which runs for 20 years. According to an Irish Independent report, an O2 Ireland spokesperson said that the company had yet to make a final decision on the deployment of EDGE but that all options were being considered.
21/02/2003
O2 Ireland has reaffirmed that it will meet the 3G rollout requirements of its licence here, despite Peter Erskine talking about delays at 3GSM.
The reassurance came as the chief executive of its parent, mmO2, said it is considering using slower Enhanced Data Rates for GSM Environment (EDGE) technology in the rollout of 3G.
Although slower than the WCDMA platform which many 3G companies are delploying, EDGE is a cheaper alternative and will allow the company trim its overall expenditure on 3G.
MMO2 chief executive Peter Erskine told the 3GSM World Congress in Cannes that because of the delays and expense related to 3G deployment, the company is considering EDGE. O2 Ireland spent E114m acquiring its Irish 3G licence which runs for 20 years. According to an Irish Independent report, an O2 Ireland spokesperson said that the company had yet to make a final decision on the deployment of EDGE but that all options were being considered.
ainsoph - 21 Feb 2003 13:32 - 38 of 498
Not having much effect as OOM is outperforming sector and market at plus nearly 3%
CSFB UPGRADES VODAFONE AND CUTS MMO2
Investment bank Credit Suisse First Boston has upgraded mobile phone giant Vodafone VOD.L to "outperform" from "neutral" but has downgraded sector peer mmO2 OOM.L to "neutral" from "outperform".
Analysts at the bank said Vodafone was gaining market share and also had the potential to reveal a 6-7 billion pound share buy-back, possibly at its annual results in May.
But CSFB said it expected mmO2 to remain volatile in the short term and did not expect a takeover of the whole group in the near future. As well as downgrading the stock, CSFB cut its price target on mmO2 to 50 pence per share from 75p.
Separately, Morgan Stanley also sounded a bullish note on Vodafone, raising its target price to 131p from 128p and reiterating an "overweight" rating on the stock.
"The primary driver for the increase in estimates is higher revenue forecasts from the December KPIs," analysts wrote in a research note.
CSFB UPGRADES VODAFONE AND CUTS MMO2
Investment bank Credit Suisse First Boston has upgraded mobile phone giant Vodafone VOD.L to "outperform" from "neutral" but has downgraded sector peer mmO2 OOM.L to "neutral" from "outperform".
Analysts at the bank said Vodafone was gaining market share and also had the potential to reveal a 6-7 billion pound share buy-back, possibly at its annual results in May.
But CSFB said it expected mmO2 to remain volatile in the short term and did not expect a takeover of the whole group in the near future. As well as downgrading the stock, CSFB cut its price target on mmO2 to 50 pence per share from 75p.
Separately, Morgan Stanley also sounded a bullish note on Vodafone, raising its target price to 131p from 128p and reiterating an "overweight" rating on the stock.
"The primary driver for the increase in estimates is higher revenue forecasts from the December KPIs," analysts wrote in a research note.
ainsoph - 23 Feb 2003 10:06 - 39 of 498
Credit Suisse First Boston upgrades its recommendation on Vodafone Group PLC and downgraded smaller rival mmO2 PLC, dealers said.
Vodafone was upgraded to 'outperform' from 'neutral' by the broker, which kept an unchanged price target of 125 pence. It also downgraded mm02 to 'neutral' from 'outperform', cutting is shareprice target to 50 pence from 75. On mmO2, CSFB worried that the sale of the firm's lossmaking O2 Germany unit could be delayed until 2004 or 2005. This led the broker to cut its breakup valuation to 60 pence per share, to reflect the ongoing drag on free cashflow. It also made a 6.1% downgrade to medium-term EBITDA forecasts, citing recent events including the Oftel decision to lower connection charges.
CSFB thinks the sale of mmO2's German operations will be delayed after the firm signed a deal to pay to T-Mobile 137m to gain the right to roam on T-Mobile's 3G network in Germany in the future. This deal puts mmO2 in a position where it is now prepared to fund the build in Germany to 25% population coverage this year, CSFB reckons.
It believes the firm is under no pressure to sell until it has to provide capital expenditure for a 50% population roll-out, which could be two years away. "A takeover of the whole group also does not look imminent to us," CSFB added. CSFB's moves also follow presentations from both mobile phone companies yesterday at the Cannes GSM conference.
Yesterday in Cannes, mmO2 chief executive David Finch presented on mmO2's current performance and prospects. He reportedly confirmed the firm's target of 10% service revenue growth and 30% EBITDA margin guidance for the UK business in 2004. Finch also told analysts that long term investment levels are expected to be lower than recent history and said that mm02 remains open to all options for its Dutch and German businesses. Goldman Sachs was pleased, saying the presentation "reinforced ...confidence in management's control of the business and its pragmatic approach to mmO2's strategic options - both regarding 3G and consolidation". The US broker reiterated an 'outperform' rating on mmO2 shares and left forecasts unchanged.
Vodafone was upgraded to 'outperform' from 'neutral' by the broker, which kept an unchanged price target of 125 pence. It also downgraded mm02 to 'neutral' from 'outperform', cutting is shareprice target to 50 pence from 75. On mmO2, CSFB worried that the sale of the firm's lossmaking O2 Germany unit could be delayed until 2004 or 2005. This led the broker to cut its breakup valuation to 60 pence per share, to reflect the ongoing drag on free cashflow. It also made a 6.1% downgrade to medium-term EBITDA forecasts, citing recent events including the Oftel decision to lower connection charges.
CSFB thinks the sale of mmO2's German operations will be delayed after the firm signed a deal to pay to T-Mobile 137m to gain the right to roam on T-Mobile's 3G network in Germany in the future. This deal puts mmO2 in a position where it is now prepared to fund the build in Germany to 25% population coverage this year, CSFB reckons.
It believes the firm is under no pressure to sell until it has to provide capital expenditure for a 50% population roll-out, which could be two years away. "A takeover of the whole group also does not look imminent to us," CSFB added. CSFB's moves also follow presentations from both mobile phone companies yesterday at the Cannes GSM conference.
Yesterday in Cannes, mmO2 chief executive David Finch presented on mmO2's current performance and prospects. He reportedly confirmed the firm's target of 10% service revenue growth and 30% EBITDA margin guidance for the UK business in 2004. Finch also told analysts that long term investment levels are expected to be lower than recent history and said that mm02 remains open to all options for its Dutch and German businesses. Goldman Sachs was pleased, saying the presentation "reinforced ...confidence in management's control of the business and its pragmatic approach to mmO2's strategic options - both regarding 3G and consolidation". The US broker reiterated an 'outperform' rating on mmO2 shares and left forecasts unchanged.
ainsoph - 24 Feb 2003 07:31 - 40 of 498
Mobile firms 'got off lightly'
By Dominic White (Filed: 24/02/2003) Telegraph
Britain's mobile phone operators, who have been ordered to cut the cost of calls between networks, narrowly escaped more punishing proposals that would have forced them to make an immediate one-off reduction of 50pc.
The Competition Commission last month told the four operators to cut so-called "termination charges" by 15pc with immediate effect, and make similar reductions each year for the next three years.
Operators attacked the proposals as unfair. At least two are preparing to take the commission's investigation to judicial review. Vodafone is expected to file documents in the High Court this week.
It has now emerged that the commission originally proposed an immediate halving of termination charges followed by annual reductions, a move backed by the National Consumer Council.
A one-off cut of such size would have made it hard for operators to adjust their handset subsidies and call prices to compensate for the loss of revenue from termination charges.
A senior source at one of the operators said: "Symbolically, the original proposals would have been worse than the final result." Mobile phone company share prices would have come under huge pressure, he said.
The commission wrote to the four operators - Vodafone, mmO2, Orange and T-Mobile - last summer setting out the plans. This led to a fierce campaign and lobbying of the Government, which got a 22.5 billion windfall from auctioning next generation mobile licences.
Operators are now kicking themselves for going to the commission, after rejecting far less swingeing proposals by Oftel, the telecoms watchdog.
They have two main complaints: the commission's final findings do not take into account the 22.5 billion, and do not specify how fixed-line rivals such as BT should pass on to consumers the reduced charges they will pay to access mobile networks.
By Dominic White (Filed: 24/02/2003) Telegraph
Britain's mobile phone operators, who have been ordered to cut the cost of calls between networks, narrowly escaped more punishing proposals that would have forced them to make an immediate one-off reduction of 50pc.
The Competition Commission last month told the four operators to cut so-called "termination charges" by 15pc with immediate effect, and make similar reductions each year for the next three years.
Operators attacked the proposals as unfair. At least two are preparing to take the commission's investigation to judicial review. Vodafone is expected to file documents in the High Court this week.
It has now emerged that the commission originally proposed an immediate halving of termination charges followed by annual reductions, a move backed by the National Consumer Council.
A one-off cut of such size would have made it hard for operators to adjust their handset subsidies and call prices to compensate for the loss of revenue from termination charges.
A senior source at one of the operators said: "Symbolically, the original proposals would have been worse than the final result." Mobile phone company share prices would have come under huge pressure, he said.
The commission wrote to the four operators - Vodafone, mmO2, Orange and T-Mobile - last summer setting out the plans. This led to a fierce campaign and lobbying of the Government, which got a 22.5 billion windfall from auctioning next generation mobile licences.
Operators are now kicking themselves for going to the commission, after rejecting far less swingeing proposals by Oftel, the telecoms watchdog.
They have two main complaints: the commission's final findings do not take into account the 22.5 billion, and do not specify how fixed-line rivals such as BT should pass on to consumers the reduced charges they will pay to access mobile networks.
Hazzard - 24 Feb 2003 10:47 - 41 of 498
If i can get this at 50p i`ll be taking out a massive short, its a no-brainer
Target price 20p
Target price 20p
ainsoph - 24 Feb 2003 10:53 - 42 of 498
Seems a strange approach - waiting for 50p when they are at 48p .... when you expect 20p .... go for it - short them now and wait for 20p
ains
ains
Hazzard - 24 Feb 2003 11:15 - 43 of 498
Ains
I like getting the top
Know what i mean?
I think that they will possibly never see 50p again so i may move soon
I like getting the top
Know what i mean?
I think that they will possibly never see 50p again so i may move soon
ainsoph - 24 Feb 2003 11:42 - 44 of 498
Mobile bosses cautious over 3G
By Jane Wakefield
BBC News Online technology staff
Third generation telephone networks have taken a backseat in speeches by the bosses of two of the UK biggest mobile operators.
O2 boss fed up with regulation
The chief executives of both O2 and Orange delivered keynote addresses at the annual 3GSM conference in Cannes last week but neither seemed to have 3G uppermost on their minds.
Peter Erskine, head of O2 used the Cannes platform to complain about recent demands from UK telecoms watchdog Oftel that mobile operators slash the costs of making calls to other networks.
Coupled with European regulatory attempts to reduce the costs of making foreign calls, Mr Erskine said it added up to too much interference in the industry.
Growing up
Describing it as "small picture thinking" Mr Erskine accused the regulators of stifling creativity and competition.
"It is a constant battle between regulators and operators and places us in uncertainty," he said.
It was time, he said, to let mobile firms stand on their own two feet.
"There has been talk of the mobile industry being in its infancy but such comparisons have outlived their usefulness," he said.
Regulation, he said should be "colossally light-touch" and looked to new super regulator to adopt a hand-off approach to the mobile industry.
Sharing networks?
Mr Erskine reaffirmed O2's long-term commitment to 3G, describing the technology as "too extraordinary, too life-enhancing" not to happen,
But he also hinted that the industry was about to go through a period of consolidation with mergers and partnerships.
O2 could favour network-sharing rather than rolling out its own dedicated 3G network, he said.
He said that 3G was no longer a field of dreams adhering to the philosophy that if you built it, users will come.
"Now the attitudes are more pragmatic and led by market demand," he said.
People power
We might suggest ways customers might like to use services but at the end of the day they will be defined and deployed by the street
Jean Francois Pontal, Orange
The new focus on customer demand and need was central to the speech made to the Congress by Orange's outgoing boss Jean Francois Pontal.
He compared the challenges facing the mobile industry as those faced by the music industry, a need to keep a constant eye on what ordinary people were doing.
"The next big thing is here already, in clubs, warehouses and bedrooms," he said.
Despite the best-laid plans of operators to move users to multimedia services, the real decisions will be made at grass-roots level he said.
"We might suggest ways customers might like to use services but at the end of the day they will be defined and deployed by the street," he said.
Old-fashioned voice was likely to remain the core business for mobile operators for the next decade he said.
Mr Pontal admitted that Orange was not at the bleeding edge of 3G rollouts.
"Clearly we won't be first with 3G but it is not about the technology, more what the technology can do for people," he said.
He urged incoming boss Solomon Trujillo to keep his mind fixed on the voice business as the company moved forward.
By Jane Wakefield
BBC News Online technology staff
Third generation telephone networks have taken a backseat in speeches by the bosses of two of the UK biggest mobile operators.
O2 boss fed up with regulation
The chief executives of both O2 and Orange delivered keynote addresses at the annual 3GSM conference in Cannes last week but neither seemed to have 3G uppermost on their minds.
Peter Erskine, head of O2 used the Cannes platform to complain about recent demands from UK telecoms watchdog Oftel that mobile operators slash the costs of making calls to other networks.
Coupled with European regulatory attempts to reduce the costs of making foreign calls, Mr Erskine said it added up to too much interference in the industry.
Growing up
Describing it as "small picture thinking" Mr Erskine accused the regulators of stifling creativity and competition.
"It is a constant battle between regulators and operators and places us in uncertainty," he said.
It was time, he said, to let mobile firms stand on their own two feet.
"There has been talk of the mobile industry being in its infancy but such comparisons have outlived their usefulness," he said.
Regulation, he said should be "colossally light-touch" and looked to new super regulator to adopt a hand-off approach to the mobile industry.
Sharing networks?
Mr Erskine reaffirmed O2's long-term commitment to 3G, describing the technology as "too extraordinary, too life-enhancing" not to happen,
But he also hinted that the industry was about to go through a period of consolidation with mergers and partnerships.
O2 could favour network-sharing rather than rolling out its own dedicated 3G network, he said.
He said that 3G was no longer a field of dreams adhering to the philosophy that if you built it, users will come.
"Now the attitudes are more pragmatic and led by market demand," he said.
People power
We might suggest ways customers might like to use services but at the end of the day they will be defined and deployed by the street
Jean Francois Pontal, Orange
The new focus on customer demand and need was central to the speech made to the Congress by Orange's outgoing boss Jean Francois Pontal.
He compared the challenges facing the mobile industry as those faced by the music industry, a need to keep a constant eye on what ordinary people were doing.
"The next big thing is here already, in clubs, warehouses and bedrooms," he said.
Despite the best-laid plans of operators to move users to multimedia services, the real decisions will be made at grass-roots level he said.
"We might suggest ways customers might like to use services but at the end of the day they will be defined and deployed by the street," he said.
Old-fashioned voice was likely to remain the core business for mobile operators for the next decade he said.
Mr Pontal admitted that Orange was not at the bleeding edge of 3G rollouts.
"Clearly we won't be first with 3G but it is not about the technology, more what the technology can do for people," he said.
He urged incoming boss Solomon Trujillo to keep his mind fixed on the voice business as the company moved forward.
ainsoph - 25 Feb 2003 00:18 - 45 of 498
Technology UK
02/24 23:25
Cell-Phone Prices Drop After Release of New Models, Nikkei Says
By Rajat Bhattacharya
Tokyo, Feb. 25 (Bloomberg) -- NTT DoCoMo Inc., KDDI Corp., and J. Phone Co. have cut prices for their mobile phones fitted with cameras by as much as 80 percent after a surge in inventories following the release of new models, Nikkei English News reported.
Some cell phone models released last year are on sale for 1 yen, Nikkei said, without citing anyone. Some large retailers are selling KDDI's au-brand video-camera model at 70 percent below the brand's introductory price last year, the report said. KDDI is Japan's second-largest mobile phone operator.
NTT DoCoMo's D251i handsets are selling below 5,000 yen ($42), down 80 percent since they were introduced last July, the newswire said. Models introduced last July by Vodafone Group Plc's J-Phone Co. are selling between 1 yen and 100 yen, it said.
Retailers are providing price discounts on older models to avoid larger inventories, Nikkei said. Cellular services are promoting the discounts because they want to generate revenue from image and data communication services, the report said.
02/24 23:25
Cell-Phone Prices Drop After Release of New Models, Nikkei Says
By Rajat Bhattacharya
Tokyo, Feb. 25 (Bloomberg) -- NTT DoCoMo Inc., KDDI Corp., and J. Phone Co. have cut prices for their mobile phones fitted with cameras by as much as 80 percent after a surge in inventories following the release of new models, Nikkei English News reported.
Some cell phone models released last year are on sale for 1 yen, Nikkei said, without citing anyone. Some large retailers are selling KDDI's au-brand video-camera model at 70 percent below the brand's introductory price last year, the report said. KDDI is Japan's second-largest mobile phone operator.
NTT DoCoMo's D251i handsets are selling below 5,000 yen ($42), down 80 percent since they were introduced last July, the newswire said. Models introduced last July by Vodafone Group Plc's J-Phone Co. are selling between 1 yen and 100 yen, it said.
Retailers are providing price discounts on older models to avoid larger inventories, Nikkei said. Cellular services are promoting the discounts because they want to generate revenue from image and data communication services, the report said.
ainsoph - 25 Feb 2003 00:20 - 46 of 498
by Ian Keene
Tuesday 25 February 2003
Will Wi-Fi eclipse the promise of 3G?
3G was so over-hyped, and expectations were built so high, it could only disappoint. Now the same thing is happening to Wi-Fi. But behind the hype there are real applications for each technology the difficult part is identifying what to use the technology for and when to start doing it.
The wireless and mobile market had its ups and downs last year, but it has progressed slightly.
Wireless Fidelity emerged unexpectedly, prompting rapid growth in equipment sales and a proliferation of wireless Lan hotspots.
Cellular networks eventually evolved to GPRS (2.5G), and multimedia messaging service (MMS) hit the market. But GPRS has not been successful so far, because it is expensive and is disappointing in terms of bandwidth, reliability and roaming support.
It will be hard for mobile operators to justify the cost of building 3G networks until their 2.5G services succeed. They are banking on a
good year for wireless data but voice will remain the industrys mainstay in 2003.
Operators believe faster networks will bring an uptake in data services, but complex pricing and PC-like applications that operate poorly on small handset screens will limit growth. Bar some early technology adopters, enterprise users will wait until 2004 to adopt mobile data services.
In the consumer market, MMS and picture video services will be the surprise success story of 2003. While mobile operators strive for success with 2.5G networks, 3G will see more delays.
The strength of wireless networks is that they enable business users to fill information shadows. An enterprise cannot be real-time if staff are inaccessible when new information emerges, or information is inaccessible when staff need it. But wireless networks must accommodate a mix of applications, from high frequency use/low bandwidth to low frequency use/high bandwidth.
Enterprises must compromise between speed, ubiquity and cost. The differences in Wi-Fi, 2.5G and 3G in these areas will determine where they are used and for what. Services will be effective only where they achieve the right match of technology, application and device type.
While 2.5G services are approaching ubiquitous coverage and work well for short messages, when used for PC office applications such as e-mail with file attachments, they are slow and expensive. Moving to 3G will be an improvement but it will still fall far short of a low-cost broadband service.
Wi-Fi hotspots can provide the high bandwidth and low costs per megabyte needed for PC applications. But despite the growing number of WLans in offices and at public hotspots, they will be available in few locations relative to the coverage of cellular networks.
WLans are on a roll, with Wi-Fi-certified products providing interoperability from a wide range of suppliers. Prices are low and Wi-Fi will increasingly be built into, or at least bundled with, many new notebook and PDA purchases during 2003, reaching 80% of all commercial notebooks by 2005. Demand for wireless internet access in the home, office and in public places will therefore grow rapidly.
Large, financially stable telecoms operators are displacing wireless start-ups as Wi-Fi hotspot infrastructure owners. With simple precautions and an eye on emerging security standards, enterprises can now safely and productively adopt WLan for mobile staff.
Issues with roaming from one hotspot provider to another will remain throughout most of 2003 and most hotspot users will adopt a pay-as-you-go model.
Businesses must build a policy on Wi-Fi use and communicate it to their staff. You can no longer ignore
Wi-Fi and you need to take security measures even if you do not intend to use it.
There is no single wireless technology that meets all business needs, so you must match the applications to the service. Articulate a Wi-Fi usage policy now, address the security issues and investigate where this technology can bring you tangible benefits.
See whether current GPRS services meet your needs. Test the network do not take advertised capabilities at face value. Meanwhile, wait for 3G to mature, coverage to expand and prices to stabilise.
Ian Keene is vice-president at Gartner Research
ainsoph - 25 Feb 2003 22:50 - 47 of 498
25 Feb 2003 17:07 GMT
KPN, mm02 scrap 3G linkup plans
AMSTERDAM, Feb 25 (Reuters) - Dutch telecoms group KPN KPN.N said on Tuesday it and British mobile phone operator mm02 had scrapped tentative plans to join forces in building a third generation network in the Netherlands.
KPN spokesman Marinus Potman said the two phone operators had previously signed a memorandum of understanding to explore cooperating on the rollout of third-generation mobile networks in the Netherlands, but had since decided not to go ahead.
"We signed a memorandum of understanding to explore the possibility for combined activity for 3G in the Netherlands. We came to the conclusion it wouldn't bring much synergy so we stopped the operation," Potman told Reuters.
Mm02 is active in the Netherlands through its unit 02.
KPN was not seeking an alternative partner and expected to go it alone in building the network, Potman said, adding that the Dutch company still expected to begin rolling out UMTS services in Germany by the end of 2003, as previously announced.
KPN, mm02 scrap 3G linkup plans
AMSTERDAM, Feb 25 (Reuters) - Dutch telecoms group KPN KPN.N said on Tuesday it and British mobile phone operator mm02 had scrapped tentative plans to join forces in building a third generation network in the Netherlands.
KPN spokesman Marinus Potman said the two phone operators had previously signed a memorandum of understanding to explore cooperating on the rollout of third-generation mobile networks in the Netherlands, but had since decided not to go ahead.
"We signed a memorandum of understanding to explore the possibility for combined activity for 3G in the Netherlands. We came to the conclusion it wouldn't bring much synergy so we stopped the operation," Potman told Reuters.
Mm02 is active in the Netherlands through its unit 02.
KPN was not seeking an alternative partner and expected to go it alone in building the network, Potman said, adding that the Dutch company still expected to begin rolling out UMTS services in Germany by the end of 2003, as previously announced.
ainsoph - 28 Feb 2003 11:16 - 48 of 498
Mobile madness makes UK WAP happy
10:45 Friday 28th February 2003
Reuters
The troubled mobile phone companies will be laughing all the way to the bank if handset data usage continues to grow at the current rate
British mobile users downloaded 524 million Internet pages to their phones in January, jumping by a quarter on December figures, as sales of new handsets and marketing of services increased interest in cell-phone surfing.
The daily average of 17 million compares with 13.5 million in December and 12 million in November, and coincided with the sale over Christmas of hundreds of thousands of new phones geared to make mobile gaming and Internet access simpler.
Like rivals in other countries, Britain's four operators -- Vodafone, Orange, mmO2 and T-Mobile -- are very keen to increase the amount of money they earn from non-voice services.
The Mobile Data Association (MDA) said there were now around 25 million Internet-enabled mobile handsets in Britain, and it expects to see a total of eight billion wireless application protocol (WAP) page impressions this year.
The most popular services included downloads of ringtones and screensavers, with demand for games rising, the MDA said.
--------------------------------------------------------------------------------
10:45 Friday 28th February 2003
Reuters
The troubled mobile phone companies will be laughing all the way to the bank if handset data usage continues to grow at the current rate
British mobile users downloaded 524 million Internet pages to their phones in January, jumping by a quarter on December figures, as sales of new handsets and marketing of services increased interest in cell-phone surfing.
The daily average of 17 million compares with 13.5 million in December and 12 million in November, and coincided with the sale over Christmas of hundreds of thousands of new phones geared to make mobile gaming and Internet access simpler.
Like rivals in other countries, Britain's four operators -- Vodafone, Orange, mmO2 and T-Mobile -- are very keen to increase the amount of money they earn from non-voice services.
The Mobile Data Association (MDA) said there were now around 25 million Internet-enabled mobile handsets in Britain, and it expects to see a total of eight billion wireless application protocol (WAP) page impressions this year.
The most popular services included downloads of ringtones and screensavers, with demand for games rising, the MDA said.
--------------------------------------------------------------------------------
ainsoph - 28 Feb 2003 11:20 - 49 of 498
Text/SMS messaging totally insecure
Canary sings, "I can read your texts"
By Tony Dennis: Friday 28 February 2003, 10:41
A LITTLE BIRD working for one of the major British GSM operators has revealed to us just how insecure the whole text/SMS messaging service really is.
In order to offer SMS (Short Message Service) - otherwise known as texting - operators install an SMSC (Short Message Service Centre). Many of these SMSCs come from software specialists such as LogicaCMG or Schlumberger SEMA.
In essence, an SMSC is like a giant store-and-forward email server.
Our canary maintains that the typical time a text message stays stored on the SMSC is around 15 days. Worryingly our bird says that text messages can actually be viewed by ANY customer services advisor. " There's no password or permissions or anything," the canary adds.
"Many advisors amuse themselves on slow days by picking numbers at random and reading the messages, and then following the trail to the sender and jumping from person to person like this. It's also possible to spoof text messages through the [SMSC], and make them look like they've come from anywhere or anyone, just like with email."
More to the point if a member of the public does want to take some sort of action regarding a nuisance SMS, the operator does genuinely possess the ability to interrogate the SMSC and discover all the requisite information.
Most operators won't actually admit this to the public, as it could easily generate masses of customer complaints which would be unprofitable to pursue. The good news, however, is that if you ask the customer services department of your mobile phone company very nicely indeed, they will reveal the number for a nuisance calls bureau which can investigate SMS complaints too. So now you know.
Canary sings, "I can read your texts"
By Tony Dennis: Friday 28 February 2003, 10:41
A LITTLE BIRD working for one of the major British GSM operators has revealed to us just how insecure the whole text/SMS messaging service really is.
In order to offer SMS (Short Message Service) - otherwise known as texting - operators install an SMSC (Short Message Service Centre). Many of these SMSCs come from software specialists such as LogicaCMG or Schlumberger SEMA.
In essence, an SMSC is like a giant store-and-forward email server.
Our canary maintains that the typical time a text message stays stored on the SMSC is around 15 days. Worryingly our bird says that text messages can actually be viewed by ANY customer services advisor. " There's no password or permissions or anything," the canary adds.
"Many advisors amuse themselves on slow days by picking numbers at random and reading the messages, and then following the trail to the sender and jumping from person to person like this. It's also possible to spoof text messages through the [SMSC], and make them look like they've come from anywhere or anyone, just like with email."
More to the point if a member of the public does want to take some sort of action regarding a nuisance SMS, the operator does genuinely possess the ability to interrogate the SMSC and discover all the requisite information.
Most operators won't actually admit this to the public, as it could easily generate masses of customer complaints which would be unprofitable to pursue. The good news, however, is that if you ask the customer services department of your mobile phone company very nicely indeed, they will reveal the number for a nuisance calls bureau which can investigate SMS complaints too. So now you know.
ainsoph - 03 Mar 2003 11:34 - 50 of 498
OOM outperforming sector and market on lowish volumes - up 1.05%
ains
3G network may carry adult video
Richard Wray
Monday March 3, 2003
The Guardian
The "launch" party for Britain's newest mobile phone network, 3, will be a very mute affair this evening in keeping with the company's low-key roll-out
ADVERTISEMENT
strategy - the public cannot yet buy the phones.
Insiders say, however, that the company's soft launch may have a hard core.
The network will draw attention to what it sees as the big advantage of its 3G technology over the traditional four British networks - the ability to download, view and even send video images.
The company has already made extensive use in its advertising of its agreement with the FA Premier League, that allows it to provide video highlights of games.
But 3 has so far been reluctant to talk about other content which insiders say it has also considered making available over its network: pornography.
Insiders who worked with 3 in the run-up to its soft launch said that the company has streamed hours of pornographic material over its network. One technician who worked with BBC Technology, which 3 has contracted to deal with its video content, said the company has obviously investigated adult services.
"There was quite a lot of sex and that caused a few eyebrows to be raised at the BBC, with questions about can we really process this?" he said.
But a spokesman for 3 refused to comment on whether the company has any designs on making adult services available over its network.
He did admit that every mass media market -such as video, publishing and the internet - has tended to attract pornographers. "We are assuming that in the long run 3G will be no different," he said.
Prospective customers have been able to sign up for 3's service for just over a week. But the company has yet to fulfil any of those orders which may be delayed for several weeks.
Its three UK high street stores also recently opened for business, allowing people to see the new technology, which 3 will be retailing through selected branches of Carphone Warehouse, Dixons, Phones4U and The Link.
But while the last big launch in the British mobile phone industry - Vodafone Live - involved a gala bash, 3 is keeping itself under wraps.
ains
3G network may carry adult video
Richard Wray
Monday March 3, 2003
The Guardian
The "launch" party for Britain's newest mobile phone network, 3, will be a very mute affair this evening in keeping with the company's low-key roll-out
ADVERTISEMENT
strategy - the public cannot yet buy the phones.
Insiders say, however, that the company's soft launch may have a hard core.
The network will draw attention to what it sees as the big advantage of its 3G technology over the traditional four British networks - the ability to download, view and even send video images.
The company has already made extensive use in its advertising of its agreement with the FA Premier League, that allows it to provide video highlights of games.
But 3 has so far been reluctant to talk about other content which insiders say it has also considered making available over its network: pornography.
Insiders who worked with 3 in the run-up to its soft launch said that the company has streamed hours of pornographic material over its network. One technician who worked with BBC Technology, which 3 has contracted to deal with its video content, said the company has obviously investigated adult services.
"There was quite a lot of sex and that caused a few eyebrows to be raised at the BBC, with questions about can we really process this?" he said.
But a spokesman for 3 refused to comment on whether the company has any designs on making adult services available over its network.
He did admit that every mass media market -such as video, publishing and the internet - has tended to attract pornographers. "We are assuming that in the long run 3G will be no different," he said.
Prospective customers have been able to sign up for 3's service for just over a week. But the company has yet to fulfil any of those orders which may be delayed for several weeks.
Its three UK high street stores also recently opened for business, allowing people to see the new technology, which 3 will be retailing through selected branches of Carphone Warehouse, Dixons, Phones4U and The Link.
But while the last big launch in the British mobile phone industry - Vodafone Live - involved a gala bash, 3 is keeping itself under wraps.
ainsoph - 03 Mar 2003 13:16 - 51 of 498
PARIS (AFX) - Orange SA said it plans to increase the price of SMS messages containing games and chat, but said the price of SMS text messages sent between its customers will remain unchanged.
A report in today's La Lettre de L'Expansion said the company is considering increasing prices for SMS messages from the end of March.
"We have not planned an increase in SMS tariffs," said a spokesperson for the company, who added that SMS messages containing games and chat will be charged as an 'added value' service from the end of March.
These messages are currently charged at the same price as text messages.
They account for around 5 pct of Orange's total number of messages sent, or 3 bln eur in 2002, according to the spokesperson.
paris@afxnews.com
A report in today's La Lettre de L'Expansion said the company is considering increasing prices for SMS messages from the end of March.
"We have not planned an increase in SMS tariffs," said a spokesperson for the company, who added that SMS messages containing games and chat will be charged as an 'added value' service from the end of March.
These messages are currently charged at the same price as text messages.
They account for around 5 pct of Orange's total number of messages sent, or 3 bln eur in 2002, according to the spokesperson.
paris@afxnews.com
ainsoph - 10 Mar 2003 12:09 - 52 of 498
11:02 Monday 10th March 2003
Reuters
Handset sales were up 6 percent in 2002, beating analysts' estimates by several million - and Nokia remains the market leader
An end-of-year buying spree by consumers lifted sales of mobile phones well above forecasts in 2002, a research group said on Monday, adding that it expects even stronger growth in 2003.
A total of 423 million handsets were sold to consumers in 2002, up 6 percent from 400 million units in 2001 and several million more than forecast, said Gartner Dataquest.
Market shares of the five key players changed little from the third quarter, with Finland's Nokia still firmly in the lead and selling more than twice the number of handsets than its nearest competitor, Motorola. However, Nokia no longer gained market share over its smaller rivals.
"We've seen phenomenal growth in countries like Germany and the Asia Pacific region," said Gartner analyst Ben Wood. Growth, especially in mature markets, was driven by consumers who replaced their old handsets with new ones earlier than expected.
Subsidies by mobile operators, crucial to push consumers into getting a new phones, was similar to previous quarters, meaning that the attractiveness of new products and the marketing were behind the sales increase, Wood said.
"We expect growth will increase, to perhaps 10 (percent) to 15 percent this year," Wood said. It would be the first double-digit percentage growth year since 2000 when sales climbed some 50 percent to more than 400 million but then stagnated.
To maintain growth rates phone makers are focusing more on replacement sales because many consumers already have a phone -- some one billion people around the world now use a mobile phone. This means manufacturers need to offer new features to give consumers a reason to ditch their old device.
Although a lot of attention is being paid to new colour screens and camera phones, most of the year-end sales surge was in basic handsets, which now contain more features than before, such as voice dialing and musical ring tones.
"The advent of new handsets with cameras and colour screens has encouraged people to go to the shops where they found that low-end phones also have a lot of features," Wood said.
He warned that operators were preparing to cut phone subsidies, which could hurt sales in 2003.
Nokia's fourth-quarter market share was 36.8 percent, barely changed from 36.9 percent in the year-ago period. It ended 2002 with a 35.8 percent share, up from 35 percent in 2001.
Wood said operators were increasingly concerned about Nokia's dominance. "They're looking at other handset makers to close the gap," he said.
Gartner measures sales to end-users, while rival market researchers, which have published 2002 statistics several weeks ago, measure shipments into the sales channel.
Motorola had a fourth-quarter share of 15.6 percent, versus 14.7 percent in the year-ago period, while its full-year share was 15.3 percent versus 14.8 percent the previous year.
Industry No. 3 Samsung stalled in the fourth quarter compared with the third, as the South Korean government halted shipments in an effort to stop all phone subsidies, but it still ended 2002 with a 9.8 percent market share, up from 7.1 percent in 2001.
Germany's Siemens, overtaken by Samsung last year, also continued to grow, ending the year at 8.2 percent versus 7.4 percent in 2001.
Japenese-Swedish partnership Sony Ericsson, whose full-year market share dwindled further to 5.5 percent from 6.7 percent, turned the corner in the fourth quarter by reversing the long string of quarter-on-quarter declines.
Reuters
Handset sales were up 6 percent in 2002, beating analysts' estimates by several million - and Nokia remains the market leader
An end-of-year buying spree by consumers lifted sales of mobile phones well above forecasts in 2002, a research group said on Monday, adding that it expects even stronger growth in 2003.
A total of 423 million handsets were sold to consumers in 2002, up 6 percent from 400 million units in 2001 and several million more than forecast, said Gartner Dataquest.
Market shares of the five key players changed little from the third quarter, with Finland's Nokia still firmly in the lead and selling more than twice the number of handsets than its nearest competitor, Motorola. However, Nokia no longer gained market share over its smaller rivals.
"We've seen phenomenal growth in countries like Germany and the Asia Pacific region," said Gartner analyst Ben Wood. Growth, especially in mature markets, was driven by consumers who replaced their old handsets with new ones earlier than expected.
Subsidies by mobile operators, crucial to push consumers into getting a new phones, was similar to previous quarters, meaning that the attractiveness of new products and the marketing were behind the sales increase, Wood said.
"We expect growth will increase, to perhaps 10 (percent) to 15 percent this year," Wood said. It would be the first double-digit percentage growth year since 2000 when sales climbed some 50 percent to more than 400 million but then stagnated.
To maintain growth rates phone makers are focusing more on replacement sales because many consumers already have a phone -- some one billion people around the world now use a mobile phone. This means manufacturers need to offer new features to give consumers a reason to ditch their old device.
Although a lot of attention is being paid to new colour screens and camera phones, most of the year-end sales surge was in basic handsets, which now contain more features than before, such as voice dialing and musical ring tones.
"The advent of new handsets with cameras and colour screens has encouraged people to go to the shops where they found that low-end phones also have a lot of features," Wood said.
He warned that operators were preparing to cut phone subsidies, which could hurt sales in 2003.
Nokia's fourth-quarter market share was 36.8 percent, barely changed from 36.9 percent in the year-ago period. It ended 2002 with a 35.8 percent share, up from 35 percent in 2001.
Wood said operators were increasingly concerned about Nokia's dominance. "They're looking at other handset makers to close the gap," he said.
Gartner measures sales to end-users, while rival market researchers, which have published 2002 statistics several weeks ago, measure shipments into the sales channel.
Motorola had a fourth-quarter share of 15.6 percent, versus 14.7 percent in the year-ago period, while its full-year share was 15.3 percent versus 14.8 percent the previous year.
Industry No. 3 Samsung stalled in the fourth quarter compared with the third, as the South Korean government halted shipments in an effort to stop all phone subsidies, but it still ended 2002 with a 9.8 percent market share, up from 7.1 percent in 2001.
Germany's Siemens, overtaken by Samsung last year, also continued to grow, ending the year at 8.2 percent versus 7.4 percent in 2001.
Japenese-Swedish partnership Sony Ericsson, whose full-year market share dwindled further to 5.5 percent from 6.7 percent, turned the corner in the fourth quarter by reversing the long string of quarter-on-quarter declines.
ainsoph - 11 Mar 2003 09:36 - 53 of 498
Sounds like a good revenue earner - shares leading the top 100 risers intraday
Tuesday March 11, 09:08 AM
MmO2 to trial music-over-mobile service
LONDON (Reuters) - Mobile phone operator mmO2 has said it will start testing a new system in May that will allow customers to download chart hits over its mobile network.
With brand partner MTV, owned by Viacom , and music groups including Bertelsmann's BMG providing the tunes, mmO2 said the quality of the sound would be similar to existing MP3 digital music ADVERTISEMENT
players.
The trial, which will run on digital music players made by Germany's Siemens , fits into mmO2's strategy to boost the amount of money its earns from customers by selling them new, multimedia services on top of voice phone calls.
"It is also good news for record companies, who want to find new mass-market sales channels," Kent Thexton, chief marketing and data officer of mmO2 , said in a statement.
Free 30-second samples should download in about 12 seconds, while full songs would take about 90 seconds, mmO2 said. The trials will start in May in Britain and Germany and are expected to lead to a launch later this year, it added.
Tuesday March 11, 09:08 AM
MmO2 to trial music-over-mobile service
LONDON (Reuters) - Mobile phone operator mmO2 has said it will start testing a new system in May that will allow customers to download chart hits over its mobile network.
With brand partner MTV, owned by Viacom , and music groups including Bertelsmann's BMG providing the tunes, mmO2 said the quality of the sound would be similar to existing MP3 digital music ADVERTISEMENT
players.
The trial, which will run on digital music players made by Germany's Siemens , fits into mmO2's strategy to boost the amount of money its earns from customers by selling them new, multimedia services on top of voice phone calls.
"It is also good news for record companies, who want to find new mass-market sales channels," Kent Thexton, chief marketing and data officer of mmO2 , said in a statement.
Free 30-second samples should download in about 12 seconds, while full songs would take about 90 seconds, mmO2 said. The trials will start in May in Britain and Germany and are expected to lead to a launch later this year, it added.
ainsoph - 11 Mar 2003 10:29 - 54 of 498
sector taking a hit this morning in a down market but oom outperforming at this time
O2 to offer chart hits via mobile phones
Tuesday, March 11 10:02:26
(BizWorld)
Mobile operator mmO2, which owns O2 in Ireland, will shortly begin trials shortly of a new music-over-mobile service using GPRS technology.
The new music service will enable customers to select, retrieve and store the latest chart hits via their GPRS-enabled mobile handset onto a specially designed digital music player.
The trials, starting in May in the UK and Germany, are expected to lead to the launch of a commercial service later this year and would be available in Ireland soon after.
The music will be provided by MTV and will include both the UK and European top 20 hits. Customers will need a digital music player, similar to the existing MP3 player, which can be plugged in to the mobile handset. The customer then selects a track and chooses either to hear a free 30-second clip or purchase the entire track. The digital music player can be unclipped from the mobile handset and used as a regular personal music device.
"Customers researched were very enthusiastic about the service with 76pc of 16-24 year olds expressing a strong interest. It is also good news for record companies, who want to find new mass-market sales channels," said Kent Thexton, marketing officer with mmO2.
With around 19 million customers, mmO2 has secured 3G licences in Ireland, the UK, the Netherlands, and Germany.
O2 to offer chart hits via mobile phones
Tuesday, March 11 10:02:26
(BizWorld)
Mobile operator mmO2, which owns O2 in Ireland, will shortly begin trials shortly of a new music-over-mobile service using GPRS technology.
The new music service will enable customers to select, retrieve and store the latest chart hits via their GPRS-enabled mobile handset onto a specially designed digital music player.
The trials, starting in May in the UK and Germany, are expected to lead to the launch of a commercial service later this year and would be available in Ireland soon after.
The music will be provided by MTV and will include both the UK and European top 20 hits. Customers will need a digital music player, similar to the existing MP3 player, which can be plugged in to the mobile handset. The customer then selects a track and chooses either to hear a free 30-second clip or purchase the entire track. The digital music player can be unclipped from the mobile handset and used as a regular personal music device.
"Customers researched were very enthusiastic about the service with 76pc of 16-24 year olds expressing a strong interest. It is also good news for record companies, who want to find new mass-market sales channels," said Kent Thexton, marketing officer with mmO2.
With around 19 million customers, mmO2 has secured 3G licences in Ireland, the UK, the Netherlands, and Germany.
ainsoph - 11 Mar 2003 12:52 - 55 of 498
Still gaining ground and nearly 5% up against 1% for the sector and about half that for the market
O2 to start 'music over mobile' trials
London, March 11 2003, (netimperative)
by Chris Lake
Wireless network operator mmO2 is to begin trials of its 'music over mobile' service in May, in conjunction with MTV and BMG, giving subscribers the chance to download tracks to a specially designed digital music player.
The Siemens-designed player can be connected to a GPRS-enabled handset in order to download songs, which will be provided by major record labels including BMG. The trial will help determine potential pricing, though it is expected that charges will go directly onto users' phone bills.
After songs have been downloaded, subscribers can disconnect the device from their handset and use it as a portable music player. Downloads will take about 90 seconds and the O2-branded digital music player will hold around 100 tracks on a memory card - users have the option of transferring tracks to a PC or purchasing additional memory cards to increase storage.
O2 claims this will be "the world's first music over mobile service" and aims to launch it commercially later in the year, subject to customer feedback from the trial, which will determine what kind of service they want and how much they are prepared to pay for it.
The trials will start in May in the UK and Germany. MTV will provide O2 with a range of music charts, which users can access through a specially-designed interface.
Initial research conducted by O2 suggests that more than three-quarters of 16-24 year olds have a "strong interest" in a wireless music service.
O2 said the service is "good news for record companies, who want to find new mass-market sales channels".
4 February 2003: Multimedia services boost O2
O2 to start 'music over mobile' trials
London, March 11 2003, (netimperative)
by Chris Lake
Wireless network operator mmO2 is to begin trials of its 'music over mobile' service in May, in conjunction with MTV and BMG, giving subscribers the chance to download tracks to a specially designed digital music player.
The Siemens-designed player can be connected to a GPRS-enabled handset in order to download songs, which will be provided by major record labels including BMG. The trial will help determine potential pricing, though it is expected that charges will go directly onto users' phone bills.
After songs have been downloaded, subscribers can disconnect the device from their handset and use it as a portable music player. Downloads will take about 90 seconds and the O2-branded digital music player will hold around 100 tracks on a memory card - users have the option of transferring tracks to a PC or purchasing additional memory cards to increase storage.
O2 claims this will be "the world's first music over mobile service" and aims to launch it commercially later in the year, subject to customer feedback from the trial, which will determine what kind of service they want and how much they are prepared to pay for it.
The trials will start in May in the UK and Germany. MTV will provide O2 with a range of music charts, which users can access through a specially-designed interface.
Initial research conducted by O2 suggests that more than three-quarters of 16-24 year olds have a "strong interest" in a wireless music service.
O2 said the service is "good news for record companies, who want to find new mass-market sales channels".
4 February 2003: Multimedia services boost O2
ainsoph - 11 Mar 2003 13:23 - 56 of 498
rumours of possibe m+a on german sub
ainsoph - 11 Mar 2003 14:04 - 57 of 498
Tue 11 Mar 2003
LONDON (SHARECAST) - Shares in mobile phone company mmO2 rose as it said it was keeping all its options open with regards to its Dutch business, and is estimating cost cuts of 1.2bn at the German unit through partnership deals over ten years.
Supermarket shares moved upwards as both Wm Morrison and Sainsbury's await news of the OFT's conclusions on the bid battle for Safeway. A decision is expected by the end of the month.
FTSE 100 - Risers
mmO2 (OOM) 43.00p +2.38%
Cost cutting measures at German unit through partnership deals
LONDON (SHARECAST) - Shares in mobile phone company mmO2 rose as it said it was keeping all its options open with regards to its Dutch business, and is estimating cost cuts of 1.2bn at the German unit through partnership deals over ten years.
Supermarket shares moved upwards as both Wm Morrison and Sainsbury's await news of the OFT's conclusions on the bid battle for Safeway. A decision is expected by the end of the month.
FTSE 100 - Risers
mmO2 (OOM) 43.00p +2.38%
Cost cutting measures at German unit through partnership deals
ainsoph - 11 Mar 2003 15:04 - 58 of 498
Video games and photos push mobile sales to 50m
By Robert Uhlig, Technology Correspondent
(Filed: 11/03/2003)
The mobile phone has cemented its position as Britain's most widely used gadget, with more than 50 million now in use.
Barely a household in Britain is not equipped with a mobile, according to the latest industry figures. They show that 49,860,000 mobile phone owners were registered at the end of last year.
With new subscribers joining at the rate of 100,000 a month, the 50 million mark was probably passed a month ago - more than two phones on average for every household.
With a population of around 59 million, Britain would appear to be virtually at saturation point, but the statistics hide the fact that a substantial number of Britons now have two or more mobile phones.
Youngsters in particular are driving the sales, attracted by features such as photo-messaging, e-mails, mobile video games and other fancy extras.
With the first of the so-called third generation of mobile phone service to be launched this month by 3, the report's authors predict our obsession with mobile phones can grow only more intense.
Already analysts are predicting that within a few years, more people could be watching the news or sports highlights on their mobile phones than on television.
The report by Continental Research paints a revealing picture of Britain's love affair with mobile phones. Back in 1990, there were just over a million users but sales blossomed in the late Nineties when firms introduced pre-pay handsets.
These allowed people - particularly children - who would not have passed credit checks to buy a mobile phone for the first time. It also meant parents could keep control over their children's mobile phone bills. They supplied them with pre-paid cards and their children remained safely contactable.
Today, more than two thirds of British mobiles are pre-paid, while a third are on contract, usually monthly bills, many of which are owned by businesses. One in five mobile owners is aged 15-24, a similar number are aged 25-34, but not all users are young - nearly one in 10 subscribers is 65 or older.
The report scotches the myth that women spend more time on the phone,at least in the realm of mobile communications.
It found men spend around 21 a month, while the average woman pays bills of around 16 a month.
Only four per cent of mobile owners have photo messaging but it has become the most wanted new feature, with around 14 per cent saying they will get it next time they upgrade their handset.
By Robert Uhlig, Technology Correspondent
(Filed: 11/03/2003)
The mobile phone has cemented its position as Britain's most widely used gadget, with more than 50 million now in use.
Barely a household in Britain is not equipped with a mobile, according to the latest industry figures. They show that 49,860,000 mobile phone owners were registered at the end of last year.
With new subscribers joining at the rate of 100,000 a month, the 50 million mark was probably passed a month ago - more than two phones on average for every household.
With a population of around 59 million, Britain would appear to be virtually at saturation point, but the statistics hide the fact that a substantial number of Britons now have two or more mobile phones.
Youngsters in particular are driving the sales, attracted by features such as photo-messaging, e-mails, mobile video games and other fancy extras.
With the first of the so-called third generation of mobile phone service to be launched this month by 3, the report's authors predict our obsession with mobile phones can grow only more intense.
Already analysts are predicting that within a few years, more people could be watching the news or sports highlights on their mobile phones than on television.
The report by Continental Research paints a revealing picture of Britain's love affair with mobile phones. Back in 1990, there were just over a million users but sales blossomed in the late Nineties when firms introduced pre-pay handsets.
These allowed people - particularly children - who would not have passed credit checks to buy a mobile phone for the first time. It also meant parents could keep control over their children's mobile phone bills. They supplied them with pre-paid cards and their children remained safely contactable.
Today, more than two thirds of British mobiles are pre-paid, while a third are on contract, usually monthly bills, many of which are owned by businesses. One in five mobile owners is aged 15-24, a similar number are aged 25-34, but not all users are young - nearly one in 10 subscribers is 65 or older.
The report scotches the myth that women spend more time on the phone,at least in the realm of mobile communications.
It found men spend around 21 a month, while the average woman pays bills of around 16 a month.
Only four per cent of mobile owners have photo messaging but it has become the most wanted new feature, with around 14 per cent saying they will get it next time they upgrade their handset.
Majorbill2 - 12 Mar 2003 12:33 - 59 of 498
post something ains, we hate it when you stop
hack,splat,heheheheh
MADGE
hack,splat,heheheheh
MADGE
ainsoph - 13 Mar 2003 11:35 - 60 of 498
BBC - Mobile phone firm O2 is embarking on an ambitious project to see if mobile phones and music can make money.
O2 has developed its own portable music player
The company is producing its own digital music player that can store and play back recorded tracks as well as download new ones via a handset.
Downloaded tracks are expected to cost around 1.50 and O2 is currently looking for keen music lovers to test the service in May.
If the trial proves a success, the commercial service could be launched before the end of 2003.
Faster downloads
The music player being made by O2 looks like the current crop of MP3 players and stores music on Compact Flash cards.
Once it is in the player it is yours, it's a permanent digital download
Leslie Golding, O2
Before now many companies, such as Musicwave in France and T-Mobile in Germany, have let people download short clips of popular tunes or ringtones derived from the same songs.
None have so far let people download and store entire tracks because the average size of a music file recorded in the popular MP3 format is 3.5 megabytes, which is larger than the entire free memory available on all but the most up to date phones.
Such files would take a long time to download to a handset even via the fast GPRS technology many mobile networks now offer.
O2 has got around these problems by using a compression technology called Microkosm from US company Chaoticom that lets a near-CD quality track download in two minutes.
A 64 megabyte Compact Flash card will hold about 100 Microkosm compressed music files.
Top tracks
Leslie Golding, head of music at O2, told BBC News Online that an eight-week trial would take place in May that will use 150 customers in the UK and 100 in Germany to test all aspects of the service.
Across Europe O2 has about 20 million customers.
Triallists will be able to listen to 30 second samples or stream and download entire tracks.
Users will get access to top 20 singles as well as top 10 best selling rock, dance, hip-hop and chill out tunes, each track they download will cost about 1.50.
Payments for tracks will be added to monthly phone bills or people can pay-as-they-go, said Mr Golding.
Downloaded music can be stored on a PC and listened to via the music player as many times as people want, he said.
"I do not believe in the idea of renting music," said Mr Golding. "Once it is in the player it is yours, it's a permanent digital download."
O2 has developed its own portable music player
The company is producing its own digital music player that can store and play back recorded tracks as well as download new ones via a handset.
Downloaded tracks are expected to cost around 1.50 and O2 is currently looking for keen music lovers to test the service in May.
If the trial proves a success, the commercial service could be launched before the end of 2003.
Faster downloads
The music player being made by O2 looks like the current crop of MP3 players and stores music on Compact Flash cards.
Once it is in the player it is yours, it's a permanent digital download
Leslie Golding, O2
Before now many companies, such as Musicwave in France and T-Mobile in Germany, have let people download short clips of popular tunes or ringtones derived from the same songs.
None have so far let people download and store entire tracks because the average size of a music file recorded in the popular MP3 format is 3.5 megabytes, which is larger than the entire free memory available on all but the most up to date phones.
Such files would take a long time to download to a handset even via the fast GPRS technology many mobile networks now offer.
O2 has got around these problems by using a compression technology called Microkosm from US company Chaoticom that lets a near-CD quality track download in two minutes.
A 64 megabyte Compact Flash card will hold about 100 Microkosm compressed music files.
Top tracks
Leslie Golding, head of music at O2, told BBC News Online that an eight-week trial would take place in May that will use 150 customers in the UK and 100 in Germany to test all aspects of the service.
Across Europe O2 has about 20 million customers.
Triallists will be able to listen to 30 second samples or stream and download entire tracks.
Users will get access to top 20 singles as well as top 10 best selling rock, dance, hip-hop and chill out tunes, each track they download will cost about 1.50.
Payments for tracks will be added to monthly phone bills or people can pay-as-they-go, said Mr Golding.
Downloaded music can be stored on a PC and listened to via the music player as many times as people want, he said.
"I do not believe in the idea of renting music," said Mr Golding. "Once it is in the player it is yours, it's a permanent digital download."
ainsoph - 19 Mar 2003 10:56 - 61 of 498
This looks good from earlier this week and helps to keep the shares close to the 50p resistance ...
O2 wins mammoth Masterfoods campaign
London, March 17 2003, (netimperative)
by Chris Lake
O2's Mobile Interactive Services unit has won a pitch to provide Masterfoods - owner of the Mars and Twix brands - with a huge text messaging competition that is expected to channel millions of prizes to winners.
Dubbed 'Chocollect', the instant win competition will see millions of chocolate brands - including Mars, Snickers, Twix, Bounty and Maltesers - labelled with promotional codes that can be sent by text to a short code number for 25p.
Entrants will recieve an immediate reply telling them if they have won. Prizes on offer range from a bar of chocolate to weekends away, as Masterfoods is running the competition in conjunction with marketing partners such as lastminute.com, Samsung, Xbox and Argos, which are all providing prizes.
Masterfoods expects 3m prizes to be despatched over the course of the next eight months. Players are asked to register their details online in order to collect credits and win prizes, transforming the promotion into a massive market research exercise.
O2 Online's Mobile Interactive Services team has created the SMS platform needed for the competition and is also providing consultancy, hosting and development services to support Masterfoods' largest marketing initiative in 2003. O2 said it will also develop games and ringtones for the promotion.
O2 Online CEO Laurence Alexander said: "The significance of this deal for the whole mobile marketing industry is immense. Masterfoods has made a huge leap by putting text messaging at the heart of its biggest marketing campaign this year.
"The approach being taken by Masterfoods will provide the most sophisticated use of text messaging as a marketing medium to date. It is proof positive of how mobile can be used by brands to build customer relationships."
Masterfoods has earmarked 10m to support the campaign.
O2 wins mammoth Masterfoods campaign
London, March 17 2003, (netimperative)
by Chris Lake
O2's Mobile Interactive Services unit has won a pitch to provide Masterfoods - owner of the Mars and Twix brands - with a huge text messaging competition that is expected to channel millions of prizes to winners.
Dubbed 'Chocollect', the instant win competition will see millions of chocolate brands - including Mars, Snickers, Twix, Bounty and Maltesers - labelled with promotional codes that can be sent by text to a short code number for 25p.
Entrants will recieve an immediate reply telling them if they have won. Prizes on offer range from a bar of chocolate to weekends away, as Masterfoods is running the competition in conjunction with marketing partners such as lastminute.com, Samsung, Xbox and Argos, which are all providing prizes.
Masterfoods expects 3m prizes to be despatched over the course of the next eight months. Players are asked to register their details online in order to collect credits and win prizes, transforming the promotion into a massive market research exercise.
O2 Online's Mobile Interactive Services team has created the SMS platform needed for the competition and is also providing consultancy, hosting and development services to support Masterfoods' largest marketing initiative in 2003. O2 said it will also develop games and ringtones for the promotion.
O2 Online CEO Laurence Alexander said: "The significance of this deal for the whole mobile marketing industry is immense. Masterfoods has made a huge leap by putting text messaging at the heart of its biggest marketing campaign this year.
"The approach being taken by Masterfoods will provide the most sophisticated use of text messaging as a marketing medium to date. It is proof positive of how mobile can be used by brands to build customer relationships."
Masterfoods has earmarked 10m to support the campaign.
ainsoph - 19 Mar 2003 14:35 - 62 of 498
Qualcomm: 3G will beat Wi-Fi
10:58 Wednesday 19th March 2003
Ben Charny, CNET News.com
The mobile phone technology giant is arguing that Wi-Fi will prove to be a short-lived phenomenon once 3G gets rolling
Breaking ranks with other mobile phone industry leaders, Qualcomm chief executive Irwin Jacobs said on Tuesday that mobile phone providers don't need to spice up their mix of offerings with access to Wi-Fi networks.
Speaking at the Cellular Telecommunications and Internet Association (CTIA) conference in New Orleans, Jacobs said providers should instead stick with using cellular technology such as 3G, which is already matching the download speeds of a Wi-Fi network, is cheaper to operate, and covers more ground than Wi-Fi's 300-foot range.
"As these high-speed cellular networks begin to spread across the country, they will become the preferred service," Jacobs told thousands of wireless executives gathered for the CTIA Wireless 2003 show.
Jacobs was weighing in on what has become a big debate among the nation's top carriers. They've all built high-speed wireless networks using 3G technologies with names like CDMA 2000 1xrtt, or 2.5G technology such as General Packet Radio Service (GPRS) -- doubling the capacity of their networks for voice calls and creating a wireless Web network capable of matching landline Web speeds. And now most are adding Wi-Fi to the mix, eyeing the market for commercial "hot spots", places such as hotel lobbies or coffee shops where wireless Web access is made available to the public via Wi-Fi for a fee.
10:58 Wednesday 19th March 2003
Ben Charny, CNET News.com
The mobile phone technology giant is arguing that Wi-Fi will prove to be a short-lived phenomenon once 3G gets rolling
Breaking ranks with other mobile phone industry leaders, Qualcomm chief executive Irwin Jacobs said on Tuesday that mobile phone providers don't need to spice up their mix of offerings with access to Wi-Fi networks.
Speaking at the Cellular Telecommunications and Internet Association (CTIA) conference in New Orleans, Jacobs said providers should instead stick with using cellular technology such as 3G, which is already matching the download speeds of a Wi-Fi network, is cheaper to operate, and covers more ground than Wi-Fi's 300-foot range.
"As these high-speed cellular networks begin to spread across the country, they will become the preferred service," Jacobs told thousands of wireless executives gathered for the CTIA Wireless 2003 show.
Jacobs was weighing in on what has become a big debate among the nation's top carriers. They've all built high-speed wireless networks using 3G technologies with names like CDMA 2000 1xrtt, or 2.5G technology such as General Packet Radio Service (GPRS) -- doubling the capacity of their networks for voice calls and creating a wireless Web network capable of matching landline Web speeds. And now most are adding Wi-Fi to the mix, eyeing the market for commercial "hot spots", places such as hotel lobbies or coffee shops where wireless Web access is made available to the public via Wi-Fi for a fee.
ainsoph - 20 Mar 2003 16:03 - 63 of 498
The beginning of war on Iraq has prompted a surge of online discussion and text messaging, as users seek out information and respond with their own instant feedback
Moments after the first missiles hit Iraq, Web surfers around the world logged on to get the latest news and unleash their own barrage of messages.
Online news portals in the United States and China -- which have nearly a quarter of a billion Web users between them -- reported three times as much traffic as usual, showing the power of the Net as a major source of information and ringing up profits for Web portals.
Moments after the first missiles hit Iraq, Web surfers around the world logged on to get the latest news and unleash their own barrage of messages.
Online news portals in the United States and China -- which have nearly a quarter of a billion Web users between them -- reported three times as much traffic as usual, showing the power of the Net as a major source of information and ringing up profits for Web portals.
stv
- 26 Mar 2003 13:21
- 64 of 498
Ains, What is L2 looking like for O2 now & any predictions. Currently @49.75↑2%.
ainsoph - 26 Mar 2003 13:38 - 65 of 498
fairly well balanced at this time - 50p is a barrier but as soon as war is 'over' and we have news I can see them going a lot higher - sitting on mone at this time and added in the dip
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.67%) 7 (65.29%) 1,058,173 49.08 - 49.64 562,444 (34.71%) 8 (53.33%)
5% (51.72%) 15 (63.32%) 2,040,664 48.87 - 49.84 1,181,979 (36.68%) 14 (48.28%)
10% (55.81%) 24 (63.30%) 3,464,089 48.30 - 50.29 2,008,170 (36.70%) 19 (44.19%)
15% (54.72%) 29 (58.99%) 4,769,089 47.44 - 50.97 3,315,951 (41.01%) 24 (45.28%)
50% (54.24%) 32 (62.95%) 5,668,670 46.75 - 50.99 3,335,727 (37.05%) 27 (45.76%)
100% (51.56%) 33 (62.50%) 5,676,670 46.74 - 51.24 3,406,723 (37.50%) 31 (48.44%)
all (51.56%) 33 (62.50%) 5,676,670 46.74 - 51.24 3,406,723 (37.50%) 31 (48.44%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.67%) 7 (65.29%) 1,058,173 49.08 - 49.64 562,444 (34.71%) 8 (53.33%)
5% (51.72%) 15 (63.32%) 2,040,664 48.87 - 49.84 1,181,979 (36.68%) 14 (48.28%)
10% (55.81%) 24 (63.30%) 3,464,089 48.30 - 50.29 2,008,170 (36.70%) 19 (44.19%)
15% (54.72%) 29 (58.99%) 4,769,089 47.44 - 50.97 3,315,951 (41.01%) 24 (45.28%)
50% (54.24%) 32 (62.95%) 5,668,670 46.75 - 50.99 3,335,727 (37.05%) 27 (45.76%)
100% (51.56%) 33 (62.50%) 5,676,670 46.74 - 51.24 3,406,723 (37.50%) 31 (48.44%)
all (51.56%) 33 (62.50%) 5,676,670 46.74 - 51.24 3,406,723 (37.50%) 31 (48.44%
stv
- 27 Mar 2003 14:22
- 66 of 498
Ains, What is L2 looking like for O2 now & any predictions. Hit high of 50 @13:00↑2%.
ainsoph - 27 Mar 2003 14:26 - 67 of 498
Just looking at the shsares as we come close to 50p again .... these will fly one day - when the markets turn
fairly evenly matched on L2albeit a bid buy order of half a million is looking for a seller @ 49.25p
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (44.00%) 11 (60.19%) 1,763,131 49.07 - 49.62 1,166,135 (39.81%) 14 (56.00%)
5% (53.85%) 21 (73.48%) 5,303,672 48.76 - 49.77 1,914,147 (26.52%) 18 (46.15%)
10% (58.82%) 30 (72.17%) 6,724,558 48.54 - 50.03 2,593,729 (27.83%) 21 (41.18%)
15% (55.93%) 33 (67.90%) 7,259,558 48.29 - 50.76 3,431,529 (32.10%) 26 (44.07%)
50% (54.69%) 35 (69.96%) 8,039,158 47.77 - 50.78 3,451,305 (30.04%) 29 (45.31%)
100% (52.17%) 36 (69.56%) 8,047,158 47.76 - 51.03 3,522,301 (30.44%) 33 (47.83%)
all (52.17%) 36 (69.56%) 8,047,158 47.76 - 51.03 3,522,301 (30.44%) 33 (47.83%)
fairly evenly matched on L2albeit a bid buy order of half a million is looking for a seller @ 49.25p
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (44.00%) 11 (60.19%) 1,763,131 49.07 - 49.62 1,166,135 (39.81%) 14 (56.00%)
5% (53.85%) 21 (73.48%) 5,303,672 48.76 - 49.77 1,914,147 (26.52%) 18 (46.15%)
10% (58.82%) 30 (72.17%) 6,724,558 48.54 - 50.03 2,593,729 (27.83%) 21 (41.18%)
15% (55.93%) 33 (67.90%) 7,259,558 48.29 - 50.76 3,431,529 (32.10%) 26 (44.07%)
50% (54.69%) 35 (69.96%) 8,039,158 47.77 - 50.78 3,451,305 (30.04%) 29 (45.31%)
100% (52.17%) 36 (69.56%) 8,047,158 47.76 - 51.03 3,522,301 (30.44%) 33 (47.83%)
all (52.17%) 36 (69.56%) 8,047,158 47.76 - 51.03 3,522,301 (30.44%) 33 (47.83%)
stv
- 27 Mar 2003 15:12
- 68 of 498
Ains. With the Buy order exceeding the Sell orders does that 'normally' mean the offer will rise or is it the opposite. With the L2 for VOD on the SELL side order the price of 114 represents the offer price and the BUY side 113.75 the bid. Hence the green strip being greater on the SELL increases the OFFER and Price is that right or does one have to look at the 5% and below orders?
ainsoph - 27 Mar 2003 15:19 - 69 of 498
That's right about the bid and the ask - the lowest buy order is the bid and the lowest sell order the offer.
On the question of the numbrr of buy or sell orders its much more difficult - in general terms you will usually be right but does depend on the timiing of the orders - individual volumes and totals involved in the price bands.
You need to have a look at sets for a day or two to get the feel .... why not take advantage of the moneyam free offer?
ains
On the question of the numbrr of buy or sell orders its much more difficult - in general terms you will usually be right but does depend on the timiing of the orders - individual volumes and totals involved in the price bands.
You need to have a look at sets for a day or two to get the feel .... why not take advantage of the moneyam free offer?
ains
stv
- 27 Mar 2003 15:26
- 70 of 498
I have been looking at VOD and it does not help me really hence the question. The Free Level2 they provide for VOD is the same as the sets you refer to right? Did you get back into TWT when it hit your entry price or waiting to see what happens. So glad I stayed out else I would have risked everything once again?
ainsoph - 27 Mar 2003 15:53 - 71 of 498
I rebought some of my trading shares in TWT but still sitting on some profits - i am looking at them now for an intraday dip maybe - but happy to wait for the right time. I hold maybe a million and a quarter at this time.
oom and vod are the same as far as sets is concerned
oom and vod are the same as far as sets is concerned
stv
- 27 Mar 2003 15:57
- 72 of 498
What price did you top up your holding at? Was it 2.3 low hit today? O2 really strong today.
ainsoph - 27 Mar 2003 16:04 - 73 of 498
oom is really strong - has been despite the markets - someone accumulating maybe
TWT - various prices but happy to pay 220p or less - I think i have missed the best chance today though
TWT - various prices but happy to pay 220p or less - I think i have missed the best chance today though
ainsoph - 28 Mar 2003 08:19 - 74 of 498
Trading up date - in line with market forecasts/expectations - DAISA analyst Mathew Lewis is impressed -ING Damien Chew has them as a buy and says no surprises
ains
LONDON (Reuters) - Mobile phone group mmO2 has said it expects full-year core earnings to rise in line with analysts' expectations and that it will beat a 10 percent revenue growth target at its main British division.
The London-based group OOM.L , Europe's fifth-largest wireless operator, expected earnings before interest, tax, depreciation and amortisation (EBITDA) to be in line with analysts' forecasts, ranging from 804 million to 892 million pounds.
The consensus EBITDA estimate for the year to the end of March was 838 million pounds, mmO2 said, which would represent a near doubling of the 433 million pounds generated last year.
The company, once part of Britain's BT BT.L , also said it expected its UK division to show second-half service revenue growth in the "mid-teens", meaning it would beat a target of at least 10 percent growth set at the start of the year.
"We are confident that we can continue to deliver improved operational and financial performance and to build the value of the group," Chief Executive Peter Erskine said in a statement.
The company reiterated that capital expenditure would be higher in the second-half than the first, as it had warned at the first-half results.
Accounting standards require it to review the carrying value of its assets on the balance sheet at the end of the year, mmO2 said.
After delivering its first positive EBITDA in the first-half, O2 Germany would show further growth, mmO2 said in its final statement before reporting full-year results on May 21.
MmO2 expected O2 Ireland to see margin improvement and earnings growth, while loss-making O2 Netherlands would break even for the full year. Industry sources say mmO2 has been trying to sell the Dutch unit to one of its rivals.
Shares in mmO2, which closed at 49 pence on Thursday, have underperformed the DJ Stoxx pan-European telecoms index .SXKP by 10 percent in the last 12 months.
ains
LONDON (Reuters) - Mobile phone group mmO2 has said it expects full-year core earnings to rise in line with analysts' expectations and that it will beat a 10 percent revenue growth target at its main British division.
The London-based group OOM.L , Europe's fifth-largest wireless operator, expected earnings before interest, tax, depreciation and amortisation (EBITDA) to be in line with analysts' forecasts, ranging from 804 million to 892 million pounds.
The consensus EBITDA estimate for the year to the end of March was 838 million pounds, mmO2 said, which would represent a near doubling of the 433 million pounds generated last year.
The company, once part of Britain's BT BT.L , also said it expected its UK division to show second-half service revenue growth in the "mid-teens", meaning it would beat a target of at least 10 percent growth set at the start of the year.
"We are confident that we can continue to deliver improved operational and financial performance and to build the value of the group," Chief Executive Peter Erskine said in a statement.
The company reiterated that capital expenditure would be higher in the second-half than the first, as it had warned at the first-half results.
Accounting standards require it to review the carrying value of its assets on the balance sheet at the end of the year, mmO2 said.
After delivering its first positive EBITDA in the first-half, O2 Germany would show further growth, mmO2 said in its final statement before reporting full-year results on May 21.
MmO2 expected O2 Ireland to see margin improvement and earnings growth, while loss-making O2 Netherlands would break even for the full year. Industry sources say mmO2 has been trying to sell the Dutch unit to one of its rivals.
Shares in mmO2, which closed at 49 pence on Thursday, have underperformed the DJ Stoxx pan-European telecoms index .SXKP by 10 percent in the last 12 months.
ainsoph - 28 Mar 2003 10:27 - 75 of 498
Clearly some expectations were higher ......
LONDON (AFX) - mm02 PLC saw its shares fall in early trade as investors responded cautiously to the mobile phone company's latest trading update.
At 9.22 am, mm02 was down 3/4 pence, or 1.53 pct, at 48-1/4 pence.
In a statement, the company said its earnings before interest, tax and debt amortisation (EBITDA) for the 12 months to March would meet average analyst estimates of 838 mln stg.
That compares to analyst forecast range of 804-892 mln stg.
"Given the forecast range, I am sure some brokers will have to lower their estimates for the firm's profits following today's statement," said one London-based analyst who spoke on the condition of anonymity.
Other sector watchers said investors may be concerned at the fact that the company gave little or no guidance over its prospects for 2004.
"The release gave very little detail. There was no mention of 2004 service revenue growth in the UK, which might be an area of focus (for investors)," said Merrill Lynch analyst Linda Mutschler.
The company said its UK business would this year see annual service revenue grow at a rate above its original 10 pct target.
It also said O2 UK is making "steady progress" towards its goal of delivering an EBITDA margin of 30 pct by March 2004.
Its German business, meanwhile, is expected to post a rise in EBITDA over the full year.
mm02 is due to release its full-year results on May 21 2003.
LONDON (AFX) - mm02 PLC saw its shares fall in early trade as investors responded cautiously to the mobile phone company's latest trading update.
At 9.22 am, mm02 was down 3/4 pence, or 1.53 pct, at 48-1/4 pence.
In a statement, the company said its earnings before interest, tax and debt amortisation (EBITDA) for the 12 months to March would meet average analyst estimates of 838 mln stg.
That compares to analyst forecast range of 804-892 mln stg.
"Given the forecast range, I am sure some brokers will have to lower their estimates for the firm's profits following today's statement," said one London-based analyst who spoke on the condition of anonymity.
Other sector watchers said investors may be concerned at the fact that the company gave little or no guidance over its prospects for 2004.
"The release gave very little detail. There was no mention of 2004 service revenue growth in the UK, which might be an area of focus (for investors)," said Merrill Lynch analyst Linda Mutschler.
The company said its UK business would this year see annual service revenue grow at a rate above its original 10 pct target.
It also said O2 UK is making "steady progress" towards its goal of delivering an EBITDA margin of 30 pct by March 2004.
Its German business, meanwhile, is expected to post a rise in EBITDA over the full year.
mm02 is due to release its full-year results on May 21 2003.
ainsoph - 28 Mar 2003 10:29 - 76 of 498
March 28, 2003
MmO2 on track to meet City forecasts
by our business staff TIMES
MmO2, the mobile phone operator spun off from British Telecom, has said it is on track to meet analysts' expectations for underlying earnings as service revenue growth continued at UK operations.
Mm02 said it expected profits before interest, tax, depreciation and amortisation (ebitda) for the year to the end of this month to come in at about the 838 million expected in the City.
The firm's core UK business was set to deliver growth in service revenues above the company's 10 per cent target.
Dutch operations may follow German unit into delivering a profit, on an ebitda basis.
"We have continued to make good progress towards our key targets," Peter Erskine, chief executive, said.
Spending on infrastructure for next generation mobile phones, however, increased in the second half of the year, despite cost controls.
The firm also hinted at writedowns, saying it would be "reviewing the balance sheet carrying value of its assets".
MmO2 shares stood 1.25p lower at 47.75p in morning trade.
MmO2 on track to meet City forecasts
by our business staff TIMES
MmO2, the mobile phone operator spun off from British Telecom, has said it is on track to meet analysts' expectations for underlying earnings as service revenue growth continued at UK operations.
Mm02 said it expected profits before interest, tax, depreciation and amortisation (ebitda) for the year to the end of this month to come in at about the 838 million expected in the City.
The firm's core UK business was set to deliver growth in service revenues above the company's 10 per cent target.
Dutch operations may follow German unit into delivering a profit, on an ebitda basis.
"We have continued to make good progress towards our key targets," Peter Erskine, chief executive, said.
Spending on infrastructure for next generation mobile phones, however, increased in the second half of the year, despite cost controls.
The firm also hinted at writedowns, saying it would be "reviewing the balance sheet carrying value of its assets".
MmO2 shares stood 1.25p lower at 47.75p in morning trade.
ainsoph - 28 Mar 2003 10:30 - 77 of 498
MM02 SEES PROFITS RISE SKY NEWS
Mobile phone group mmO2 says it expects full-year core earnings to rise in line with analysts' expectations.
It is predicting that earnings at its main British division will beat a 10% revenue growth target.
The London-based group, Europe's fifth-largest wireless operator, expected pre-tax earnings to be in line with analysts' forecasts of between 804m and 892m.
The consensus estimate for the year to the end of March was 838m, mmO2 said, which would represent a near doubling of the 433m generated last year.
Target beating
The company, once part of Britain's BT, also said it expected its UK division to show second-half service revenue growth in the "mid-teens".
That means it would beat a target of at least 10% growth set at the start of the year.
"We are confident that we can continue to deliver improved operational and financial performance and to build the value of the group," CEO Peter Erskine said.
The company reiterated that capital expenditure would be higher in the second-half than the first, as it had warned at the first-half results.
Last Updated: 10:17 UK, Friday March 28, 2003
Mobile phone group mmO2 says it expects full-year core earnings to rise in line with analysts' expectations.
It is predicting that earnings at its main British division will beat a 10% revenue growth target.
The London-based group, Europe's fifth-largest wireless operator, expected pre-tax earnings to be in line with analysts' forecasts of between 804m and 892m.
The consensus estimate for the year to the end of March was 838m, mmO2 said, which would represent a near doubling of the 433m generated last year.
Target beating
The company, once part of Britain's BT, also said it expected its UK division to show second-half service revenue growth in the "mid-teens".
That means it would beat a target of at least 10% growth set at the start of the year.
"We are confident that we can continue to deliver improved operational and financial performance and to build the value of the group," CEO Peter Erskine said.
The company reiterated that capital expenditure would be higher in the second-half than the first, as it had warned at the first-half results.
Last Updated: 10:17 UK, Friday March 28, 2003
ainsoph - 28 Mar 2003 11:21 - 78 of 498
LONDON (SHARECAST) - MM02, the former mobile phone unit of BT is on course to analysts forecasts of about 838m in earnings before interest, taxes, depreciation and amortisation from revenue of 4.8bn to end March, it said today.
Chief executive Peter Erskine said, "In the second half we have continued to make good progress towards our key targets. Looking ahead, we are confident that we can continue to deliver improved operational and financial performance."
MmO2 also underlined its growing confidence in its German with market share growth and financial performance ahead of original expectations.
No mention was made on the future for the Netherlands business, which is rumoured to be up for sale. O2 Netherlands is expected to deliver positive EBITDA for the second half and to be close to EBITDA break-even for the full year, said MM02.
Chief executive Peter Erskine said, "In the second half we have continued to make good progress towards our key targets. Looking ahead, we are confident that we can continue to deliver improved operational and financial performance."
MmO2 also underlined its growing confidence in its German with market share growth and financial performance ahead of original expectations.
No mention was made on the future for the Netherlands business, which is rumoured to be up for sale. O2 Netherlands is expected to deliver positive EBITDA for the second half and to be close to EBITDA break-even for the full year, said MM02.
stv
- 28 Mar 2003 13:20
- 79 of 498
Currently↓4%@47 despite inline results. Will probably go to 46.5↓5%. Vol @90M > VOD. What's L2 looking like & do you think 47 is the intraday offer low or could it reach 46.5 after US opens~↓50pts. The BUYS far outnumber the SELLS, perhaps lower possible?
ainsoph - 28 Mar 2003 13:52 - 80 of 498
Intraday looks to have levalled off but futures are off and the overall market feel is negative - L2 looks like its picking up but I am inclined to wait for US open - it is the weekend coming up ..... I am looking to buy though
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (64.29%) 9 (65.42%) 940,568 46.69 - 47.23 497,199 (34.58%) 5 (35.71%)
5% (45.16%) 14 (35.04%) 1,117,628 46.61 - 47.48 2,072,131 (64.96%) 17 (54.84%)
10% (42.86%) 18 (37.19%) 2,370,282 45.87 - 48.06 4,003,766 (62.81%) 24 (57.14%)
15% (37.50%) 18 (27.90%) 2,370,282 45.87 - 48.98 6,124,970 (72.10%) 30 (62.50%)
50% (38.89%) 21 (33.91%) 3,156,946 44.90 - 49.00 6,153,570 (66.09%) 33 (61.11%)
100% (34.43%) 21 (33.58%) 3,156,946 44.90 - 49.17 6,244,342 (66.42%) 40 (65.57%)
all (34.43%) 21 (33.58%) 3,156,946 44.90 - 49.17 6,244,342 (66.42%) 40 (65.57%)
0-1% (64.29%) 9 (65.42%) 940,568 46.69 - 47.23 497,199 (34.58%) 5 (35.71%)
1-5% (29.41%) 5 (10.11%) 177,060 46.61 - 47.48 1,574,932 (89.89%) 12 (70.59%)
5-10% (36.36%) 4 (39.34%) 1,252,654 45.87 - 48.06 1,931,635 (60.66%) 7 (63.64%)
10-15% (0.00%) 0 (0.00%) 0 45.87 - 48.98 2,121,204 (100.00%) 6 (100.00%)
15-50% (50.00%) 3 (96.49%) 786,664 44.90 - 49.00 28,600 (3.51%) 3 (50.00%)
50-100% (0.00%) 0 (0.00%) 0 44.90 - 49.17 90,772 (100.00%) 7 (100.00%)
100%- (0.00%) 0 (0.00%) 0 44.90 - 49.17 0 (0.00%) 0 (0.00%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (64.29%) 9 (65.42%) 940,568 46.69 - 47.23 497,199 (34.58%) 5 (35.71%)
5% (45.16%) 14 (35.04%) 1,117,628 46.61 - 47.48 2,072,131 (64.96%) 17 (54.84%)
10% (42.86%) 18 (37.19%) 2,370,282 45.87 - 48.06 4,003,766 (62.81%) 24 (57.14%)
15% (37.50%) 18 (27.90%) 2,370,282 45.87 - 48.98 6,124,970 (72.10%) 30 (62.50%)
50% (38.89%) 21 (33.91%) 3,156,946 44.90 - 49.00 6,153,570 (66.09%) 33 (61.11%)
100% (34.43%) 21 (33.58%) 3,156,946 44.90 - 49.17 6,244,342 (66.42%) 40 (65.57%)
all (34.43%) 21 (33.58%) 3,156,946 44.90 - 49.17 6,244,342 (66.42%) 40 (65.57%)
0-1% (64.29%) 9 (65.42%) 940,568 46.69 - 47.23 497,199 (34.58%) 5 (35.71%)
1-5% (29.41%) 5 (10.11%) 177,060 46.61 - 47.48 1,574,932 (89.89%) 12 (70.59%)
5-10% (36.36%) 4 (39.34%) 1,252,654 45.87 - 48.06 1,931,635 (60.66%) 7 (63.64%)
10-15% (0.00%) 0 (0.00%) 0 45.87 - 48.98 2,121,204 (100.00%) 6 (100.00%)
15-50% (50.00%) 3 (96.49%) 786,664 44.90 - 49.00 28,600 (3.51%) 3 (50.00%)
50-100% (0.00%) 0 (0.00%) 0 44.90 - 49.17 90,772 (100.00%) 7 (100.00%)
100%- (0.00%) 0 (0.00%) 0 44.90 - 49.17 0 (0.00%) 0 (0.00%)
ainsoph - 28 Mar 2003 15:37 - 81 of 498
Looks like we have seen the bottom intraday
Friday 28th March 2003
Reuters
Orange has signed interconnect deals with all the UK's mobile phone network operators to help increase photo-messaging traffic
Orange says its customers with multimedia messaging service-compatible (MMS) phones can send and receive picture messages on the three other UK networks.
Orange, the country's largest mobile operator, said it had signed MMS "interconnect" agreements with T-Mobile and Vodafone, having already signed one with mmO2. The new agreements would take effect for 230,000 Orange customers on 31 March.
All the operators are keen to allow their customers to send picture messages to friends regardless of the network, in an effort to create more high-margin revenue streams.
Picture messaging kicked off in the UK late last year.
Friday 28th March 2003
Reuters
Orange has signed interconnect deals with all the UK's mobile phone network operators to help increase photo-messaging traffic
Orange says its customers with multimedia messaging service-compatible (MMS) phones can send and receive picture messages on the three other UK networks.
Orange, the country's largest mobile operator, said it had signed MMS "interconnect" agreements with T-Mobile and Vodafone, having already signed one with mmO2. The new agreements would take effect for 230,000 Orange customers on 31 March.
All the operators are keen to allow their customers to send picture messages to friends regardless of the network, in an effort to create more high-margin revenue streams.
Picture messaging kicked off in the UK late last year.
l2e - 30 Mar 2003 12:13 - 82 of 498
o2 keep talkin but the shares aint walking.....
ainsoph - 01 Apr 2003 07:46 - 83 of 498
mmO2 STRENGTHENS BOARD
Released: 01 April 2003
mmO2 plc today announces a further strengthening of its Board timed to coincide
with the end of the Company's financial year and ahead of the expiry of the
Chairman's current service contract as laid out in mmO2's demerger
documentation.
With immediate effect, a further independent Non-Executive Director and three
new Executive Directors and have been appointed to the Board.
David Arculus joins mmO2 as a Non-Executive Director. He is currently Chairman
of Severn Trent Plc and the Better Regulation Task Force. In addition, he holds
non-executive directorships at Barclays Plc and Earls Court and Olympia Ltd. Mr
Arculus has spent most of his career in the media industry including 8 years as
Group Managing Director of EMAP Plc before taking on the chairmanship of IPC
Media Group. He brings to the Board valuable experience as a FTSE director and
considerable knowledge of the media sector.
Dave McGlade, CEO of O2 UK, and Rudi Groger, CEO of O2 Germany - both of whom
have driven significant improvements in the performance of their operations over
the past 16 months - become Executive Directors of the Company, as does Kent
Thexton who, as Chief Marketing and Data Officer, has overseen the highly
successful brand launch and the continued growth in the group's data products
and services. All three remain members of the Executive Committee of the Board,
chaired by Peter Erskine, Chief Executive Officer mmo2 plc.
It was announced in the Company's Listing Particulars at the time of the
demerger from BT that the Chairman's service contract would be reduced to an
average of between two and three days per week as from the 18 June. mmO2 is now
implementing this revision to the Chairman's terms of service and, having
successfully led the Company through demerger in difficult market conditions,
David Varney has agreed to serve as part-time Chairman.
Following these changes, the Board comprises 13 members - seven Non-Executive
Directors, five full-time Executive Directors and a part-time Chairman. Andrew
Sukawaty continues as Deputy Chairman and senior independent Director.
David Varney, Chairman, mmO2 plc, commented: 'I am delighted to announce these
latest appointments which will further contribute to the Board's overall
effectiveness. We continue to have a well-balanced Board of Directors with
considerable strength and expertise, positioning us well for the next phase of
mmO2's growth'.
The changes take into account a number of factors including the implementation
by the SEC of new rules following the passing of the Sarbanes Oxley Act in the
US and the recommendations of the recent Higgs and Smith Reports. Following
the strengthening of the Board, mmO2 will undertake a review of the composition
of its Board Committees.
The Higgs Report made clear recommendations as to the most appropriate fee
structure for Non-Executive Directors. The Company will be revising the
remuneration of its Non-Executives to reflect these recommendations, details of
which will be disclosed as normal in the Annual Report & Accounts.
-ends-
Released: 01 April 2003
mmO2 plc today announces a further strengthening of its Board timed to coincide
with the end of the Company's financial year and ahead of the expiry of the
Chairman's current service contract as laid out in mmO2's demerger
documentation.
With immediate effect, a further independent Non-Executive Director and three
new Executive Directors and have been appointed to the Board.
David Arculus joins mmO2 as a Non-Executive Director. He is currently Chairman
of Severn Trent Plc and the Better Regulation Task Force. In addition, he holds
non-executive directorships at Barclays Plc and Earls Court and Olympia Ltd. Mr
Arculus has spent most of his career in the media industry including 8 years as
Group Managing Director of EMAP Plc before taking on the chairmanship of IPC
Media Group. He brings to the Board valuable experience as a FTSE director and
considerable knowledge of the media sector.
Dave McGlade, CEO of O2 UK, and Rudi Groger, CEO of O2 Germany - both of whom
have driven significant improvements in the performance of their operations over
the past 16 months - become Executive Directors of the Company, as does Kent
Thexton who, as Chief Marketing and Data Officer, has overseen the highly
successful brand launch and the continued growth in the group's data products
and services. All three remain members of the Executive Committee of the Board,
chaired by Peter Erskine, Chief Executive Officer mmo2 plc.
It was announced in the Company's Listing Particulars at the time of the
demerger from BT that the Chairman's service contract would be reduced to an
average of between two and three days per week as from the 18 June. mmO2 is now
implementing this revision to the Chairman's terms of service and, having
successfully led the Company through demerger in difficult market conditions,
David Varney has agreed to serve as part-time Chairman.
Following these changes, the Board comprises 13 members - seven Non-Executive
Directors, five full-time Executive Directors and a part-time Chairman. Andrew
Sukawaty continues as Deputy Chairman and senior independent Director.
David Varney, Chairman, mmO2 plc, commented: 'I am delighted to announce these
latest appointments which will further contribute to the Board's overall
effectiveness. We continue to have a well-balanced Board of Directors with
considerable strength and expertise, positioning us well for the next phase of
mmO2's growth'.
The changes take into account a number of factors including the implementation
by the SEC of new rules following the passing of the Sarbanes Oxley Act in the
US and the recommendations of the recent Higgs and Smith Reports. Following
the strengthening of the Board, mmO2 will undertake a review of the composition
of its Board Committees.
The Higgs Report made clear recommendations as to the most appropriate fee
structure for Non-Executive Directors. The Company will be revising the
remuneration of its Non-Executives to reflect these recommendations, details of
which will be disclosed as normal in the Annual Report & Accounts.
-ends-
ainsoph - 01 Apr 2003 21:24 - 84 of 498
Following news of board room changes at mmO2 we republish our report detailing the interest in the wireless stock by one of the City's leading investment boutiques.
mmO2 is a firm favourite with shrewd fund manager Taube Hodson Stonex, which has been buying recently for several of its funds because at the current price it can finally afford what it believes is now an undervalued utility.
In total, Taube Hodson Stonex (THS) has bought nearly 100 million mmO2 (OOM) shares, spending some 40 million across various of its funds. The St James Place Greater Europe Progressive unit trust St James Place Greater European for example, managed by THS, holds 14.5 million shares or 0.17% of the company.
Nils Taube, one of the three THS partners, is the longest serving fund manager in the UK with 33 years at the helm of the same fund and an excellent long term track record based on his value style. Taube, now in his 75th year, is best known as one of the few investors to be credited with foreseeing the 1987 crash and finding a way to make money from it.
After all these years in the business he still likes nothing more than to sit round the table with his partners John Hodson and Cato Stonex and discuss stock selection.
Stonex told Citywire that the team likes the mobile sector in general, and mmO2 in particular.
'At the current level of valuation, mmO2's especially, the price you pay per customer is very modest,' he said. Stonex reckons the price per customer works at between E700 and E800 (480 to 550).
Stonex reckons that if mmO2 can make 40 profit a year on those customers, the valuation compares very favourably to the 12-15 times earnings multiple accepted as reasonable for a utility.
Stonex said mmO2 still reckons it can make more like 80 profit per customer, but even at 40 it's a good deal.
Shares are currently trading down 1.25p at 45.5p, which Stonex reckons does not price in any future potential for 3G or new services. There has also been concern about how much mmO2 will have to spend on infrastructure to fulfil its 3G licence commitments in Germany, but Stonex reckons the company's deal with Deutsche Telekom to rent 3G capacity could make Germany look quite exciting. He said mmO2 has a lot of subscribers in Germany which are effectively not valued at all, and its ability to borrow capacity from Deutsche Telekom, thereby sharing capital expenditure, could be quite valuable.
Stonex said that THS is basically now buying shares that it just couldn't have afforded before. At one time, mobile customers were being priced at anything up to $10,000 (6,400) per subscriber. Even if growth has slowed considerably since those days, the opportunity has not shrunk by that amount.
Stonex reckons there are plenty of other companies whose shares were at 'autumn sale prices' and which are coming back again at 'spring sale' prices. He cites names like Sainsbury and HSBC, which is currently yielding 5.3%. THS also likes Vodafone, which although considerably more expensive than mmO2 does have far greater global reach and potential also.
One thing he is clear on is that this is the time to buy equities rather than holding bonds or sitting on cash. He said the portfolio has the lowest level of liquid assets since 1998. 'With bonds yielding 4% and Sainsbury yielding 6.5%, I fail to see the point in holding cash or bonds.'
Citywire Verdict:
Stonex is taking a two to three year view on mmO2 and investors should do the same. He would re-evaluate his position if the stock were to rapidly hit the 60-70p mark, at which point it would be prudent no doubt to book some profit.
For the private investor there may be some short-term volatility issues, but worth a punt for the longer term.
* This story was originally published on 31 March.
2003 Citywire
mmO2 is a firm favourite with shrewd fund manager Taube Hodson Stonex, which has been buying recently for several of its funds because at the current price it can finally afford what it believes is now an undervalued utility.
In total, Taube Hodson Stonex (THS) has bought nearly 100 million mmO2 (OOM) shares, spending some 40 million across various of its funds. The St James Place Greater Europe Progressive unit trust St James Place Greater European for example, managed by THS, holds 14.5 million shares or 0.17% of the company.
Nils Taube, one of the three THS partners, is the longest serving fund manager in the UK with 33 years at the helm of the same fund and an excellent long term track record based on his value style. Taube, now in his 75th year, is best known as one of the few investors to be credited with foreseeing the 1987 crash and finding a way to make money from it.
After all these years in the business he still likes nothing more than to sit round the table with his partners John Hodson and Cato Stonex and discuss stock selection.
Stonex told Citywire that the team likes the mobile sector in general, and mmO2 in particular.
'At the current level of valuation, mmO2's especially, the price you pay per customer is very modest,' he said. Stonex reckons the price per customer works at between E700 and E800 (480 to 550).
Stonex reckons that if mmO2 can make 40 profit a year on those customers, the valuation compares very favourably to the 12-15 times earnings multiple accepted as reasonable for a utility.
Stonex said mmO2 still reckons it can make more like 80 profit per customer, but even at 40 it's a good deal.
Shares are currently trading down 1.25p at 45.5p, which Stonex reckons does not price in any future potential for 3G or new services. There has also been concern about how much mmO2 will have to spend on infrastructure to fulfil its 3G licence commitments in Germany, but Stonex reckons the company's deal with Deutsche Telekom to rent 3G capacity could make Germany look quite exciting. He said mmO2 has a lot of subscribers in Germany which are effectively not valued at all, and its ability to borrow capacity from Deutsche Telekom, thereby sharing capital expenditure, could be quite valuable.
Stonex said that THS is basically now buying shares that it just couldn't have afforded before. At one time, mobile customers were being priced at anything up to $10,000 (6,400) per subscriber. Even if growth has slowed considerably since those days, the opportunity has not shrunk by that amount.
Stonex reckons there are plenty of other companies whose shares were at 'autumn sale prices' and which are coming back again at 'spring sale' prices. He cites names like Sainsbury and HSBC, which is currently yielding 5.3%. THS also likes Vodafone, which although considerably more expensive than mmO2 does have far greater global reach and potential also.
One thing he is clear on is that this is the time to buy equities rather than holding bonds or sitting on cash. He said the portfolio has the lowest level of liquid assets since 1998. 'With bonds yielding 4% and Sainsbury yielding 6.5%, I fail to see the point in holding cash or bonds.'
Citywire Verdict:
Stonex is taking a two to three year view on mmO2 and investors should do the same. He would re-evaluate his position if the stock were to rapidly hit the 60-70p mark, at which point it would be prudent no doubt to book some profit.
For the private investor there may be some short-term volatility issues, but worth a punt for the longer term.
* This story was originally published on 31 March.
2003 Citywire
ainsoph - 01 Apr 2003 21:37 - 85 of 498
Released: 31st March 2003
mmO2 today announces that the UK's 10th police force has now taken delivery of
Airwave, its advanced TETRA-based emergency communications service. This
sophisticated, fully encrypted digital radio system, which cannot be scanned or
monitored by outsiders, will allow the police to communicate seamlessly and
securely throughout England, Scotland and Wales. The multi-functional handsets,
combining a digital radio and mobile phone, will also (in future) operate as
data terminals - enabling officers in the field to access local and national
databases, such as the Police National Computer and driving licence information.
Cambridgeshire, Derbyshire and Humberside are the latest forces to receive
Airwave, which will be delivered to all 53 police forces in England, Scotland
and Wales by the end of 2005 under a 2.9bn UK Government contract with O2
Airwave, part of the mmO2 group.
Chief executive of mmO2 plc, Peter Erskine, said: 'In these times of heightened
national security and surveillance against possible terrorist activity, we are
now investing heavily in the rollout of the Airwave system which will provide
demonstrable benefits to the emergency services and the public. Over the next
12 months, Airwave will be delivered to a further 26 police forces, including
the Metropolitan Police.
'With bids also submitted for both national fire and ambulance communications
requirements, I'm delighted with the increased take-up of Airwave. The system
is already in use by the Ministry of Defence and, most recently, by two fire and
rescue services, as well as one ambulance NHS trust.'
As well as making a significant contribution to the fight against crime, the
system promotes officer safety, partly because it has better radio coverage and
call clarity, but also because of its emergency button feature, which enables
officers to summon immediate assistance.
Peter Richardson, Managing Director of O2 Airwave, commented: 'The introduction
of Airwave to all the police forces across England, Scotland and Wales is a
major undertaking and is going well. Not only is the service proving its worth
in terms of helping officers to be efficient and effective, but also in ensuring
criminals are less so. A number of instances have been reported in which
criminals have been unable to monitor police activity using conventional
scanners that infiltrate outdated analogue systems.'
The ability for emergency services to be able to easily talk to one another -
particularly at major incidents or national emergencies where fire, police and
ambulance are all involved - is also a key focus at present for the UK
Government, with national procurements well advanced for both fire and ambulance
services. Hereford and Worcester Ambulance NHS Trust recently became the first
NHS organisation to sign up for Airwave, following delivery of the system to
Shropshire and Lancashire Fire and Rescue Services.
mmO2 today announces that the UK's 10th police force has now taken delivery of
Airwave, its advanced TETRA-based emergency communications service. This
sophisticated, fully encrypted digital radio system, which cannot be scanned or
monitored by outsiders, will allow the police to communicate seamlessly and
securely throughout England, Scotland and Wales. The multi-functional handsets,
combining a digital radio and mobile phone, will also (in future) operate as
data terminals - enabling officers in the field to access local and national
databases, such as the Police National Computer and driving licence information.
Cambridgeshire, Derbyshire and Humberside are the latest forces to receive
Airwave, which will be delivered to all 53 police forces in England, Scotland
and Wales by the end of 2005 under a 2.9bn UK Government contract with O2
Airwave, part of the mmO2 group.
Chief executive of mmO2 plc, Peter Erskine, said: 'In these times of heightened
national security and surveillance against possible terrorist activity, we are
now investing heavily in the rollout of the Airwave system which will provide
demonstrable benefits to the emergency services and the public. Over the next
12 months, Airwave will be delivered to a further 26 police forces, including
the Metropolitan Police.
'With bids also submitted for both national fire and ambulance communications
requirements, I'm delighted with the increased take-up of Airwave. The system
is already in use by the Ministry of Defence and, most recently, by two fire and
rescue services, as well as one ambulance NHS trust.'
As well as making a significant contribution to the fight against crime, the
system promotes officer safety, partly because it has better radio coverage and
call clarity, but also because of its emergency button feature, which enables
officers to summon immediate assistance.
Peter Richardson, Managing Director of O2 Airwave, commented: 'The introduction
of Airwave to all the police forces across England, Scotland and Wales is a
major undertaking and is going well. Not only is the service proving its worth
in terms of helping officers to be efficient and effective, but also in ensuring
criminals are less so. A number of instances have been reported in which
criminals have been unable to monitor police activity using conventional
scanners that infiltrate outdated analogue systems.'
The ability for emergency services to be able to easily talk to one another -
particularly at major incidents or national emergencies where fire, police and
ambulance are all involved - is also a key focus at present for the UK
Government, with national procurements well advanced for both fire and ambulance
services. Hereford and Worcester Ambulance NHS Trust recently became the first
NHS organisation to sign up for Airwave, following delivery of the system to
Shropshire and Lancashire Fire and Rescue Services.
ainsoph - 02 Apr 2003 08:27 - 86 of 498
Varney to take 150,000 cut in pay at mmO2
By Liz Vaughan-Adams Indy
02 April 2003
David Varney, the chairman of the mobile phone operator mmO2, will take a 150,000 cut in his annual salary when he becomes part-time chairman in June.
The move came as the company said it was reviewing the pay of its non-executive directors as it appointed one more non-executive director and a further three executive directors to its board.
The company, formerly known as Cellnet, has hired David Arculus, who is chairman of Severn Trent, as a non-executive director. It has also promoted three of its managers Dave McGlade, the head of its UK operation; Rudi Groger, head of its German business and Kent Thexton, its chief marketing officer were elevated to executive director status.
Mr Varney, meanwhile, will become part-time chairman from 18 June, working two to three days a week, a move which had been detailed at the time of the company's demerger from BT in 2001 and one which will see his salary fall to 350,000 a year from 500,000.
Following the changes, mmO2's board will have 13 directors seven non-executive directors, five executive directors and a part-time chairman.
The appointment of Mr Groger was also interpreted by City analysts as a sign that it would hang on to its German business for the time being despite persistent speculation that it could be sold.
MmO2 also said yesterday it planned to revise the remuneration of its non-executive directors who currently earn basic salaries of about 30,000 a year to reflect the recent recommendations in the Higgs report on non-executives.
The board rejig came just days after the company hinted that a hefty writedown of its third-generation mobile phone licences was on the cards. The carrying value of the 3G licences on mmO2's books is about 10bn including about 4bn for the UK licence with the balance spread across Germany, Ireland and the Netherlands.
MmO2, which had originally planned to launch the service in the UK two years ago, now expects it to go live in the second half of next year.
By Liz Vaughan-Adams Indy
02 April 2003
David Varney, the chairman of the mobile phone operator mmO2, will take a 150,000 cut in his annual salary when he becomes part-time chairman in June.
The move came as the company said it was reviewing the pay of its non-executive directors as it appointed one more non-executive director and a further three executive directors to its board.
The company, formerly known as Cellnet, has hired David Arculus, who is chairman of Severn Trent, as a non-executive director. It has also promoted three of its managers Dave McGlade, the head of its UK operation; Rudi Groger, head of its German business and Kent Thexton, its chief marketing officer were elevated to executive director status.
Mr Varney, meanwhile, will become part-time chairman from 18 June, working two to three days a week, a move which had been detailed at the time of the company's demerger from BT in 2001 and one which will see his salary fall to 350,000 a year from 500,000.
Following the changes, mmO2's board will have 13 directors seven non-executive directors, five executive directors and a part-time chairman.
The appointment of Mr Groger was also interpreted by City analysts as a sign that it would hang on to its German business for the time being despite persistent speculation that it could be sold.
MmO2 also said yesterday it planned to revise the remuneration of its non-executive directors who currently earn basic salaries of about 30,000 a year to reflect the recent recommendations in the Higgs report on non-executives.
The board rejig came just days after the company hinted that a hefty writedown of its third-generation mobile phone licences was on the cards. The carrying value of the 3G licences on mmO2's books is about 10bn including about 4bn for the UK licence with the balance spread across Germany, Ireland and the Netherlands.
MmO2, which had originally planned to launch the service in the UK two years ago, now expects it to go live in the second half of next year.
ainsoph - 02 Apr 2003 09:09 - 87 of 498
CHRISTOPHER HOPE
KPN, the Dutch telecoms group, said yesterday that it would be interested in buying its mmO2's German subsidiary O2 for in a deal which could be worth up to 700m to the UK mobile telephone company.
The news sent shares in mmO2 up 2% as the market welcomed talk of a merger which would create a sizeable opponent to Deutsche Telekom's T-Mobile and Vodafone, which control 80% of the German market.
A deal would help beef up KPN's German unit E-Plus, which is the third-largest operator in Germany but losing market share. Although its smaller rival O2 Germany has been gaining ground on its rival, there has been persistent speculation that its UK parent might sell the unit - for the right price.
MmO2 said all options remained open in Germany.
It added it was happy with the progress of its subsidiary, which has won around 7.8% of the market and has generated its first underlying profits six months earlier than expected.
KPN, the Dutch telecoms group, said yesterday that it would be interested in buying its mmO2's German subsidiary O2 for in a deal which could be worth up to 700m to the UK mobile telephone company.
The news sent shares in mmO2 up 2% as the market welcomed talk of a merger which would create a sizeable opponent to Deutsche Telekom's T-Mobile and Vodafone, which control 80% of the German market.
A deal would help beef up KPN's German unit E-Plus, which is the third-largest operator in Germany but losing market share. Although its smaller rival O2 Germany has been gaining ground on its rival, there has been persistent speculation that its UK parent might sell the unit - for the right price.
MmO2 said all options remained open in Germany.
It added it was happy with the progress of its subsidiary, which has won around 7.8% of the market and has generated its first underlying profits six months earlier than expected.
ainsoph - 04 Apr 2003 10:54 - 88 of 498
Still keeps knocking at 50p but without a major market move or outstanding news it is finding 50p a barrier
ains
ABN Amro advises a switch out of Orange into mmO2.
2003 Citywire
ains
ABN Amro advises a switch out of Orange into mmO2.
2003 Citywire
ainsoph - 06 Apr 2003 09:34 - 89 of 498
UK mobile giant seeks 7.5bn Dutch merger
KPN and mmO2 in 'exploratory' talks to create European wireless champion
Jamie Doward, deputy business editor
Sunday April 6, 2003
The Observer
A management team from mobile phone giant mmO2 has held exploratory talks with counterparts at Dutch telecom operator KPN to create a 7.5 billion pan-European wireless champion.
Informed sources stressed that the talks, held within the last two months, were informal and nothing was currently being discussed. However, news that the two sides are contemplating merger discussions in the near future is a significant development.
KPN and mmO2 in 'exploratory' talks to create European wireless champion
Jamie Doward, deputy business editor
Sunday April 6, 2003
The Observer
A management team from mobile phone giant mmO2 has held exploratory talks with counterparts at Dutch telecom operator KPN to create a 7.5 billion pan-European wireless champion.
Informed sources stressed that the talks, held within the last two months, were informal and nothing was currently being discussed. However, news that the two sides are contemplating merger discussions in the near future is a significant development.
Homer - 06 Apr 2003 18:09 - 90 of 498
LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
ainsoph - 06 Apr 2003 23:37 - 91 of 498
hmmmmmmmmmmmm ...... maybe the merger idea will see us through the 50p barrier tomorrow - markets permitting ..... war is going better and talk is we will see a 4000 FTSE if we get an early concusion ..... either way OOM looks looks good
ains
April 07, 2003
Corporate profile No 60: mmO2
Wrestling with the hand dealt by BT
By Dan Sabbagh TIMES
FEW corporations have had their right to exist as maligned as mmO2. The curiously named mobile phone operator was spun out of BT in November 2001 to repeated suggestions that the business, formerly known as Cellnet, was better off abandoning its smaller operations in Germany and the Netherlands because neither were ever going to turn a proper profit.
Yet, without the two units, the four-country operator, which sometimes tries to claim that it has a fifth business on the Isle of Man, would be left with little more than an admittedly profitable British operation that, frankly, amounts to little more than being a sitting duck in the sights of the next telecoms chief executive, be it Spanish, Chinese or Dutch, looking for a scalp.
In the 18 months or so since BTs restructuring, mmO2s essential dilemma remains unchanged, but the balance of the argument has been shifting in its favour a little. The critical German business, fourth in a four-operator market, has at least gained market share and customers since the company became independent. At the time the demerger was announced, mmO2 had 3.3 million customers in Germany and a market share of 6 per cent. Now, with the help of rounding, there are about 4.6 million customers and a market share of 8 per cent.
It is progress of a sort. But, by comparison, the market leaders in Germany, Deutsche Telekom and Vodafone, each have more than 20 million customers. While their operations throw off cash, O2 Germany burnt 50 million in the first half and it is not certain that the operation will have any value. The German market is a mature one and finding new customers will be harder as the months go by.
To be fair, the companys management does face up to the dilemma. Its rhetoric is peppered with realism. Peter Erskine, the chief executive, observes that the company is living with the hand that we were dealt by BT. But he is clear that there is no guaranteed future for the German or Dutch side of the businesses.
We do find whats happened encouraging. We were told that the German business was worthless. Now we read that some analysts are prepared to say its worth 1 billion. Were still open-minded, but the market share gains give us all sorts of options, Erskine states.
Yet, it is clear that despite the humiliation, the company desparately wants the German operation to succeed. It is giving the venture as much time as it can, and more time is being bought through ruthless cash conservation debt is far lower than expected at 609 million and the slight market share gains.
But if the talk is less of abandoning the project, the fixed idea of most City analysts is that the company should sell to, or merge its business, with KPN, the number three operator. The Dutch carriers German arm has 7.2 million customers and together, the units would be profitable, generating perhaps 300 million yearly in a year or two if calculations from BNP Paribas are to be believed.
While the idea is endlessly touted it is not clear that it will happen. KPN, although doing well, is still restructuring, and its management appears to want nothing less than control. Erskine says he is open-minded but he voices objections that suggest otherwise. He says: Yes, there is an obvious scale argument in bringing us together. But there are other questions: integration issues and value for shareholders. In other words, give it time and Germany could be worth much more, an argument that the City would agree has merit, for now.
The groups Dutch business is another matter: mmO2 owns the number four operator in a competitive five-operator market here. The country has a population of only 16 million, and, really, cannot support more than three players. The company has been in extensive talks about selling or merging with local rival Deutsche Telekom, which owns a similar-size business in the country. The reality is that a deal makes sense.
Although the Dutch operation is small and only consumed 32 million of cash in half one, it is going nowhere fast. Nevertheless, there is no reason to close it to simply hand the customers over to another more bloody minded but equally struggling rival.
Yet, if the future shape and existence of the business is unclear, there is no doubt that the company is better off independent from BT. In the UK, Cellnet was, for years, poorly managed compared with Vodafone; but now UK margins are rising towards 30 per cent, although that is still well behind Vodafones 37 per cent. Erskine says that without BT the company has been able to create a pretty good brand, recruit people who would not otherwise have come on board and conserve our capital.
MmO2 may be a minnow with just 19 million customers when compared with Vodafones 110 million plus or Oranges 44 million, but it has been able to rein in its investment. Erskine has repeatedly said that the promised fast-internet, third-generation technology would take far longer to arrive than people expected. Teething technical problems mean his judgment is right, although the first operator, the new kid on the block, 3, has now launched, and as a result mmO2 has been able to avoid costly investment while it builds up its cashflows.
This year the company will spend up to 700 million (480 million) in Germany, where there is a requirement to meet a 25 per cent population coverage. That number sounds big but it is far lower than originally forecast, largely because the operator has struck a co-operative network build agreement with Deutsche Telekom. If BT had its way it would probably have wasted billions in a demonstration of technological virility.
Nevertheless, while not being BT has some merits it is not good enough. MmO2 faces a critical year or two while it demonstrates whether it is viable or just plain hot air.
ains
April 07, 2003
Corporate profile No 60: mmO2
Wrestling with the hand dealt by BT
By Dan Sabbagh TIMES
FEW corporations have had their right to exist as maligned as mmO2. The curiously named mobile phone operator was spun out of BT in November 2001 to repeated suggestions that the business, formerly known as Cellnet, was better off abandoning its smaller operations in Germany and the Netherlands because neither were ever going to turn a proper profit.
Yet, without the two units, the four-country operator, which sometimes tries to claim that it has a fifth business on the Isle of Man, would be left with little more than an admittedly profitable British operation that, frankly, amounts to little more than being a sitting duck in the sights of the next telecoms chief executive, be it Spanish, Chinese or Dutch, looking for a scalp.
In the 18 months or so since BTs restructuring, mmO2s essential dilemma remains unchanged, but the balance of the argument has been shifting in its favour a little. The critical German business, fourth in a four-operator market, has at least gained market share and customers since the company became independent. At the time the demerger was announced, mmO2 had 3.3 million customers in Germany and a market share of 6 per cent. Now, with the help of rounding, there are about 4.6 million customers and a market share of 8 per cent.
It is progress of a sort. But, by comparison, the market leaders in Germany, Deutsche Telekom and Vodafone, each have more than 20 million customers. While their operations throw off cash, O2 Germany burnt 50 million in the first half and it is not certain that the operation will have any value. The German market is a mature one and finding new customers will be harder as the months go by.
To be fair, the companys management does face up to the dilemma. Its rhetoric is peppered with realism. Peter Erskine, the chief executive, observes that the company is living with the hand that we were dealt by BT. But he is clear that there is no guaranteed future for the German or Dutch side of the businesses.
We do find whats happened encouraging. We were told that the German business was worthless. Now we read that some analysts are prepared to say its worth 1 billion. Were still open-minded, but the market share gains give us all sorts of options, Erskine states.
Yet, it is clear that despite the humiliation, the company desparately wants the German operation to succeed. It is giving the venture as much time as it can, and more time is being bought through ruthless cash conservation debt is far lower than expected at 609 million and the slight market share gains.
But if the talk is less of abandoning the project, the fixed idea of most City analysts is that the company should sell to, or merge its business, with KPN, the number three operator. The Dutch carriers German arm has 7.2 million customers and together, the units would be profitable, generating perhaps 300 million yearly in a year or two if calculations from BNP Paribas are to be believed.
While the idea is endlessly touted it is not clear that it will happen. KPN, although doing well, is still restructuring, and its management appears to want nothing less than control. Erskine says he is open-minded but he voices objections that suggest otherwise. He says: Yes, there is an obvious scale argument in bringing us together. But there are other questions: integration issues and value for shareholders. In other words, give it time and Germany could be worth much more, an argument that the City would agree has merit, for now.
The groups Dutch business is another matter: mmO2 owns the number four operator in a competitive five-operator market here. The country has a population of only 16 million, and, really, cannot support more than three players. The company has been in extensive talks about selling or merging with local rival Deutsche Telekom, which owns a similar-size business in the country. The reality is that a deal makes sense.
Although the Dutch operation is small and only consumed 32 million of cash in half one, it is going nowhere fast. Nevertheless, there is no reason to close it to simply hand the customers over to another more bloody minded but equally struggling rival.
Yet, if the future shape and existence of the business is unclear, there is no doubt that the company is better off independent from BT. In the UK, Cellnet was, for years, poorly managed compared with Vodafone; but now UK margins are rising towards 30 per cent, although that is still well behind Vodafones 37 per cent. Erskine says that without BT the company has been able to create a pretty good brand, recruit people who would not otherwise have come on board and conserve our capital.
MmO2 may be a minnow with just 19 million customers when compared with Vodafones 110 million plus or Oranges 44 million, but it has been able to rein in its investment. Erskine has repeatedly said that the promised fast-internet, third-generation technology would take far longer to arrive than people expected. Teething technical problems mean his judgment is right, although the first operator, the new kid on the block, 3, has now launched, and as a result mmO2 has been able to avoid costly investment while it builds up its cashflows.
This year the company will spend up to 700 million (480 million) in Germany, where there is a requirement to meet a 25 per cent population coverage. That number sounds big but it is far lower than originally forecast, largely because the operator has struck a co-operative network build agreement with Deutsche Telekom. If BT had its way it would probably have wasted billions in a demonstration of technological virility.
Nevertheless, while not being BT has some merits it is not good enough. MmO2 faces a critical year or two while it demonstrates whether it is viable or just plain hot air.
stv
- 07 Apr 2003 16:10
- 92 of 498
Seems to be finding resistance/support level @51↑2%. What's L2 like & your predictions for today/tommorrow?
ainsoph - 07 Apr 2003 16:18 - 93 of 498
at the moment L2 indicates 4:1 in favour of sellers but we are holding above 50p which would become support if we can hold it for a day or two. The war news seems encoraging and although talk of m+a activity is being played down I think we could see more progress
stv
- 08 Apr 2003 09:04
- 94 of 498
I really hope this can withstand selling pressure today & move past 52. What's L2 showing? US futures have improved from this mornings lows. VOD L2 now 15M each way so hopefully a +ve day.
ainsoph - 08 Apr 2003 09:09 - 95 of 498
Volumes are low this morning - markets a little undecided where to go - sector is down 1.1% as is the market ...... L2 is more than 2:1 in favour of buy orders but they mostly want to buy sub 50p.
A lot of short covering yesterday and msaybe an attemp to recover their losses today - OOM still holding it's own at evens
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (70.00%) 7 (77.28%) 612,889 50.55 - 51.47 180,224 (22.72%) 3 (30.00%)
5% (64.29%) 9 (58.14%) 742,889 50.43 - 51.82 534,945 (41.86%) 5 (35.71%)
10% (70.00%) 14 (65.28%) 1,011,923 49.91 - 51.83 538,245 (34.72%) 6 (30.00%)
15% (64.52%) 20 (86.44%) 3,628,257 48.44 - 51.99 569,365 (13.56%) 11 (35.48%)
50% (61.76%) 21 (72.50%) 3,653,257 48.42 - 54.94 1,385,699 (27.50%) 13 (38.24%)
100% (58.54%) 24 (71.77%) 3,673,377 48.35 - 55.32 1,444,695 (28.23%) 17 (41.46%)
all (57.14%) 24 (71.72%) 3,673,377 48.35 - 55.58 1,448,695 (28.28%) 18 (42.86%)
A lot of short covering yesterday and msaybe an attemp to recover their losses today - OOM still holding it's own at evens
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (70.00%) 7 (77.28%) 612,889 50.55 - 51.47 180,224 (22.72%) 3 (30.00%)
5% (64.29%) 9 (58.14%) 742,889 50.43 - 51.82 534,945 (41.86%) 5 (35.71%)
10% (70.00%) 14 (65.28%) 1,011,923 49.91 - 51.83 538,245 (34.72%) 6 (30.00%)
15% (64.52%) 20 (86.44%) 3,628,257 48.44 - 51.99 569,365 (13.56%) 11 (35.48%)
50% (61.76%) 21 (72.50%) 3,653,257 48.42 - 54.94 1,385,699 (27.50%) 13 (38.24%)
100% (58.54%) 24 (71.77%) 3,673,377 48.35 - 55.32 1,444,695 (28.23%) 17 (41.46%)
all (57.14%) 24 (71.72%) 3,673,377 48.35 - 55.58 1,448,695 (28.28%) 18 (42.86%)
stv
- 08 Apr 2003 11:05
- 96 of 498
Seems to have swapped places with VOD now. What's your predictions for both today & L2 now?
ainsoph - 08 Apr 2003 11:15 - 97 of 498
I would like to see another day @ 50p+ ........ there is no new news at the moment - US futures are up (nas +8) - war news is mixed - US president is talking on box right ...... I think e will get a dip and a recovery
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (42.86%) 12 (33.71%) 837,861 50.03 - 50.83 1,647,490 (66.29%) 16 (57.14%)
5% (50.00%) 17 (39.46%) 1,236,814 49.83 - 50.92 1,897,559 (60.54%) 17 (50.00%)
10% (56.82%) 25 (65.51%) 3,905,051 48.66 - 51.01 2,055,580 (34.49%) 19 (43.18%)
15% (55.77%) 29 (66.95%) 4,226,321 48.52 - 51.06 2,086,000 (33.05%) 23 (44.23%)
50% (53.57%) 30 (59.42%) 4,251,321 48.50 - 52.73 2,903,034 (40.58%) 26 (46.43%)
100% (52.38%) 33 (59.05%) 4,271,441 48.44 - 52.96 2,962,030 (40.95%) 30 (47.62%)
all (51.56%) 33 (59.02%) 4,271,441 48.44 - 53.09 2,966,030 (40.98%) 31 (48.44%
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (42.86%) 12 (33.71%) 837,861 50.03 - 50.83 1,647,490 (66.29%) 16 (57.14%)
5% (50.00%) 17 (39.46%) 1,236,814 49.83 - 50.92 1,897,559 (60.54%) 17 (50.00%)
10% (56.82%) 25 (65.51%) 3,905,051 48.66 - 51.01 2,055,580 (34.49%) 19 (43.18%)
15% (55.77%) 29 (66.95%) 4,226,321 48.52 - 51.06 2,086,000 (33.05%) 23 (44.23%)
50% (53.57%) 30 (59.42%) 4,251,321 48.50 - 52.73 2,903,034 (40.58%) 26 (46.43%)
100% (52.38%) 33 (59.05%) 4,271,441 48.44 - 52.96 2,962,030 (40.95%) 30 (47.62%)
all (51.56%) 33 (59.02%) 4,271,441 48.44 - 53.09 2,966,030 (40.98%) 31 (48.44%
shagnasty - 08 Apr 2003 12:56 - 98 of 498
too high just sold 24,628
stv
- 08 Apr 2003 14:23
- 99 of 498
Any further comments? What's L2 looking like & is this going to fall any more?
ainsoph - 08 Apr 2003 14:32 - 100 of 498
Nas is about to open and still a few points up - sector is down just over 1% and the msarket about the same - volumes are very low @ 25 million though .... price is edging down - L2 is about evens ..... guess it's going to depend on the market .... ST traders may cash out - personally happy to ride it out
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 14 (48.12%) 1,340,171 49.60 - 50.39 1,444,788 (51.88%) 14 (50.00%)
5% (43.24%) 16 (45.00%) 1,646,365 49.49 - 50.55 2,012,266 (55.00%) 21 (56.76%)
10% (47.92%) 23 (60.17%) 4,179,761 48.61 - 50.83 2,767,030 (39.83%) 25 (52.08%)
15% (48.28%) 28 (61.77%) 4,526,031 48.47 - 50.87 2,800,750 (38.23%) 30 (51.72%)
50% (45.90%) 28 (55.58%) 4,526,031 48.47 - 52.26 3,617,784 (44.42%) 33 (54.10%)
100% (45.59%) 31 (55.29%) 4,546,151 48.41 - 52.45 3,676,780 (44.71%) 37 (54.41%)
all (44.93%) 31 (55.26%) 4,546,151 48.41 - 52.55 3,680,780 (44.74%) 38 (55.07%)
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 14 (48.12%) 1,340,171 49.60 - 50.39 1,444,788 (51.88%) 14 (50.00%)
5% (43.24%) 16 (45.00%) 1,646,365 49.49 - 50.55 2,012,266 (55.00%) 21 (56.76%)
10% (47.92%) 23 (60.17%) 4,179,761 48.61 - 50.83 2,767,030 (39.83%) 25 (52.08%)
15% (48.28%) 28 (61.77%) 4,526,031 48.47 - 50.87 2,800,750 (38.23%) 30 (51.72%)
50% (45.90%) 28 (55.58%) 4,526,031 48.47 - 52.26 3,617,784 (44.42%) 33 (54.10%)
100% (45.59%) 31 (55.29%) 4,546,151 48.41 - 52.45 3,676,780 (44.71%) 37 (54.41%)
all (44.93%) 31 (55.26%) 4,546,151 48.41 - 52.55 3,680,780 (44.74%) 38 (55.07%)
shagnasty - 08 Apr 2003 16:58 - 101 of 498
I bought these last Autumn at 40p. AsI posted above I sold my holding of 24,628
for a respectable 50.3p, a reasonable 25% mark up, I missed the highs of 55 ish, but happy enough with 2.5k.
Watch out for 40p again soon I shall be , and back in again.
for a respectable 50.3p, a reasonable 25% mark up, I missed the highs of 55 ish, but happy enough with 2.5k.
Watch out for 40p again soon I shall be , and back in again.
jus - 09 Apr 2003 13:50 - 102 of 498
Seems to be catching up with VOD now. What's your predictions for both today & L2 now?
ainsoph - 09 Apr 2003 13:58 - 103 of 498
I think it's unlikely we will move above 50p today although it will be close - nas is down 2.5 points - sector is flat - volumes back to normal after yesterdays low ..... L2 is slightly in favour of buyers
I ago for just sub 50p on current news
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.15%) 12 (29.71%) 1,214,236 49.11 - 49.93 2,873,132 (70.29%) 14 (53.85%)
5% (58.82%) 20 (43.88%) 2,246,560 48.89 - 49.93 2,873,132 (56.12%) 14 (41.18%)
10% (67.44%) 29 (57.43%) 3,875,984 48.50 - 49.93 2,873,132 (42.57%) 14 (32.56%)
15% (65.31%) 32 (61.98%) 4,698,040 48.05 - 49.94 2,881,682 (38.02%) 17 (34.69%)
50% (58.18%) 32 (55.91%) 4,698,040 48.05 - 51.06 3,704,958 (44.09%) 23 (41.82%)
100% (56.45%) 35 (55.62%) 4,718,160 48.00 - 51.27 3,763,954 (44.38%) 27 (43.55%)
all (55.56%) 35 (55.60%) 4,718,160 48.00 - 51.37 3,767,954 (44.40%) 28 (44.44%
I ago for just sub 50p on current news
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.15%) 12 (29.71%) 1,214,236 49.11 - 49.93 2,873,132 (70.29%) 14 (53.85%)
5% (58.82%) 20 (43.88%) 2,246,560 48.89 - 49.93 2,873,132 (56.12%) 14 (41.18%)
10% (67.44%) 29 (57.43%) 3,875,984 48.50 - 49.93 2,873,132 (42.57%) 14 (32.56%)
15% (65.31%) 32 (61.98%) 4,698,040 48.05 - 49.94 2,881,682 (38.02%) 17 (34.69%)
50% (58.18%) 32 (55.91%) 4,698,040 48.05 - 51.06 3,704,958 (44.09%) 23 (41.82%)
100% (56.45%) 35 (55.62%) 4,718,160 48.00 - 51.27 3,763,954 (44.38%) 27 (43.55%)
all (55.56%) 35 (55.60%) 4,718,160 48.00 - 51.37 3,767,954 (44.40%) 28 (44.44%
stv
- 09 Apr 2003 14:22
- 104 of 498
I really hope you spoke to soon Ains and that we close at a minimum of 51. L2? Thankyou :)
ainsoph - 09 Apr 2003 14:28 - 105 of 498
buys are creeping up
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (72.22%) 13 (41.86%) 905,623 49.70 - 50.21 1,257,927 (58.14%) 5 (27.78%)
5% (81.48%) 22 (57.75%) 1,719,684 49.41 - 50.21 1,257,927 (42.25%) 5 (18.52%)
10% (83.33%) 35 (72.57%) 3,763,791 48.72 - 50.36 1,422,927 (27.43%) 7 (16.67%)
15% (70.91%) 39 (59.02%) 4,685,847 48.20 - 52.35 3,254,053 (40.98%) 16 (29.09%)
50% (69.64%) 39 (59.01%) 4,685,847 48.20 - 52.35 3,254,753 (40.99%) 17 (30.36%)
100% (66.67%) 42 (58.68%) 4,705,967 48.15 - 52.56 3,313,749 (41.32%) 21 (33.33%)
all (65.63%) 42 (58.65%) 4,705,967 48.15 - 52.68 3,317,749 (41.35%) 22 (34.38%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (72.22%) 13 (41.86%) 905,623 49.70 - 50.21 1,257,927 (58.14%) 5 (27.78%)
5% (81.48%) 22 (57.75%) 1,719,684 49.41 - 50.21 1,257,927 (42.25%) 5 (18.52%)
10% (83.33%) 35 (72.57%) 3,763,791 48.72 - 50.36 1,422,927 (27.43%) 7 (16.67%)
15% (70.91%) 39 (59.02%) 4,685,847 48.20 - 52.35 3,254,053 (40.98%) 16 (29.09%)
50% (69.64%) 39 (59.01%) 4,685,847 48.20 - 52.35 3,254,753 (40.99%) 17 (30.36%)
100% (66.67%) 42 (58.68%) 4,705,967 48.15 - 52.56 3,313,749 (41.32%) 21 (33.33%)
all (65.63%) 42 (58.65%) 4,705,967 48.15 - 52.68 3,317,749 (41.35%) 22 (34.38%)
stv
- 09 Apr 2003 15:22
- 106 of 498
Are the sells orders getting taken out and BUY order prices rising enabling this to go higher & break 51 resistance? Thankfully US is appreciating achievements in Iraq! DOW +85pts US↑1%.
ainsoph - 09 Apr 2003 15:47 - 107 of 498
they are trying to topple a big statue of SH right now in the middle of the city :-))
The intraday trading graph looks like we will soon move one way or other - probability northwards
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.89%) 11 (60.84%) 1,624,502 49.72 - 50.32 1,045,587 (39.16%) 8 (42.11%)
5% (67.86%) 19 (61.22%) 2,201,182 49.55 - 50.49 1,394,318 (38.78%) 9 (32.14%)
10% (77.78%) 35 (75.03%) 4,263,741 48.87 - 50.53 1,419,318 (24.97%) 10 (22.22%)
15% (67.24%) 39 (61.47%) 5,185,797 48.38 - 52.43 3,250,444 (38.53%) 19 (32.76%)
50% (66.10%) 39 (61.47%) 5,185,797 48.38 - 52.43 3,251,144 (38.53%) 20 (33.90%)
100% (63.64%) 42 (61.13%) 5,205,917 48.33 - 52.64 3,310,140 (38.87%) 24 (36.36%)
all (62.69%) 42 (61.10%) 5,205,917 48.33 - 52.76 3,314,140 (38.90%) 25 (37.31%)
The intraday trading graph looks like we will soon move one way or other - probability northwards
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.89%) 11 (60.84%) 1,624,502 49.72 - 50.32 1,045,587 (39.16%) 8 (42.11%)
5% (67.86%) 19 (61.22%) 2,201,182 49.55 - 50.49 1,394,318 (38.78%) 9 (32.14%)
10% (77.78%) 35 (75.03%) 4,263,741 48.87 - 50.53 1,419,318 (24.97%) 10 (22.22%)
15% (67.24%) 39 (61.47%) 5,185,797 48.38 - 52.43 3,250,444 (38.53%) 19 (32.76%)
50% (66.10%) 39 (61.47%) 5,185,797 48.38 - 52.43 3,251,144 (38.53%) 20 (33.90%)
100% (63.64%) 42 (61.13%) 5,205,917 48.33 - 52.64 3,310,140 (38.87%) 24 (36.36%)
all (62.69%) 42 (61.10%) 5,205,917 48.33 - 52.76 3,314,140 (38.90%) 25 (37.31%)
ainsoph - 09 Apr 2003 15:50 - 108 of 498
The statue is down ...... buyers are relatively happy to come in and pay what the sellers want - more buyers than sellers
stv
- 09 Apr 2003 15:51
- 109 of 498
Massive 2.3M+ trades have just gone through on SELL side. Price withheld. The Statue is OFF. Strangely enough despite all traders watching footage afterwards US went lower! hence UK also.
ainsoph - 09 Apr 2003 15:53 - 110 of 498
2.3 and 2.42 mill done off sets - in theory sells
ainsoph - 09 Apr 2003 15:57 - 111 of 498
There was a 4.8 mill trade around midday - could be related
ainsoph - 09 Apr 2003 16:32 - 112 of 498
I wasn't far out - thought just sub 50p but pleased they are marginally over 50p ..... looks good for tomorrow all things being equal. 11 mill trade on the bell
ains
ains
stv
- 09 Apr 2003 18:18
- 113 of 498
Yes a close @offer of 50.25 would have been better. However, I'm concerned at falling US mkt.
ainsoph - 10 Apr 2003 11:03 - 114 of 498
Cannot see any obvious news other than the Nokia thingy but we are well up @ 4% intraday - ahead of sector @ just 0.3% and the market which is down half a percent. NAS futures are up 4.5 points - volumes on OOM are averahe @ 22 million shares.
ains
ains
ainsoph - 10 Apr 2003 13:23 - 115 of 498
Thu 10 Apr 2003
LONDON (SHARECAST) - Investors in telecoms company mmO2 and accountancy software group Sage have Merrill Lynch to thank after it reiterated a neutral and buy stance on the companies respectively.
Shares in Man Group were given a lift today after the investment group said that its most recent global launch attracted record sales of $725m. Merrill The launch is the largest Man has ever achieved.
FTSE 100 - Risers
mmO2 (OOM) 51.75p +3.50%
LONDON (SHARECAST) - Investors in telecoms company mmO2 and accountancy software group Sage have Merrill Lynch to thank after it reiterated a neutral and buy stance on the companies respectively.
Shares in Man Group were given a lift today after the investment group said that its most recent global launch attracted record sales of $725m. Merrill The launch is the largest Man has ever achieved.
FTSE 100 - Risers
mmO2 (OOM) 51.75p +3.50%
stv
- 10 Apr 2003 14:21
- 116 of 498
L2? So ML retains Neutral stance on OOM↑4.5% & it has this effect! Wish it was BUY which it would've been if KPN issue was resolved. Hastily disposed of some yesterday :(
ainsoph - 10 Apr 2003 14:28 - 117 of 498
bad luck
difficult to see where next - been level for 2 hours
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (51.61%) 16 (41.74%) 2,310,872 51.72 - 52.58 3,225,781 (58.26%) 15 (48.39%)
5% (50.00%) 24 (46.71%) 4,743,631 51.36 - 52.79 5,411,620 (53.29%) 24 (50.00%)
10% (50.88%) 29 (46.00%) 5,180,677 51.28 - 52.93 6,081,520 (54.00%) 28 (49.12%)
15% (50.75%) 34 (45.81%) 5,844,818 50.94 - 53.18 6,913,297 (54.19%) 33 (49.25%)
50% (52.05%) 38 (49.19%) 6,700,375 50.31 - 53.19 6,921,601 (50.81%) 35 (47.95%)
100% (52.56%) 41 (49.08%) 6,720,495 50.26 - 53.27 6,972,293 (50.92%) 37 (47.44%)
all (51.90%) 41 (49.07%) 6,720,495 50.26 - 53.33 6,976,293 (50.93%) 38 (48.10%
difficult to see where next - been level for 2 hours
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (51.61%) 16 (41.74%) 2,310,872 51.72 - 52.58 3,225,781 (58.26%) 15 (48.39%)
5% (50.00%) 24 (46.71%) 4,743,631 51.36 - 52.79 5,411,620 (53.29%) 24 (50.00%)
10% (50.88%) 29 (46.00%) 5,180,677 51.28 - 52.93 6,081,520 (54.00%) 28 (49.12%)
15% (50.75%) 34 (45.81%) 5,844,818 50.94 - 53.18 6,913,297 (54.19%) 33 (49.25%)
50% (52.05%) 38 (49.19%) 6,700,375 50.31 - 53.19 6,921,601 (50.81%) 35 (47.95%)
100% (52.56%) 41 (49.08%) 6,720,495 50.26 - 53.27 6,972,293 (50.92%) 37 (47.44%)
all (51.90%) 41 (49.07%) 6,720,495 50.26 - 53.33 6,976,293 (50.93%) 38 (48.10%
stv
- 10 Apr 2003 15:17
- 118 of 498
Now it's broken to above the 52 level would you firmlly predict further rise up to mid 50's and what would you predetermine to be your entry/exit point & how dependent on US mkt? Alot of Large Sells going through! I sincerely hope it withstands them!
ainsoph - 10 Apr 2003 15:19 - 119 of 498
I think they will easily outperfor the market and the sector and added a few yesterday
stv
- 10 Apr 2003 15:21
- 120 of 498
Well done, you did'nt tell me you prediced this! What Qty & Price did you top up at?
ainsoph - 10 Apr 2003 15:23 - 121 of 498
it was only a few - not really significant but I am holding quite a lot now .... I did say I wasn't ready to sell just yet but prepared to ride out the little dips
stv
- 10 Apr 2003 15:53
- 122 of 498
A shame the FTSE is suffering as now it's affected MM02. It'd better not close < 52!
ainsoph - 10 Apr 2003 15:56 - 123 of 498
sector is off 0.64 - market 0.81p - very heavy volume
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (51.61%) 16 (41.74%) 2,310,872 51.72 - 52.58 3,225,781 (58.26%) 15 (48.39%)
5% (50.00%) 24 (46.71%) 4,743,631 51.36 - 52.79 5,411,620 (53.29%) 24 (50.00%)
10% (50.88%) 29 (46.00%) 5,180,677 51.28 - 52.93 6,081,520 (54.00%) 28 (49.12%)
15% (50.75%) 34 (45.81%) 5,844,818 50.94 - 53.18 6,913,297 (54.19%) 33 (49.25%)
50% (52.05%) 38 (49.19%) 6,700,375 50.31 - 53.19 6,921,601 (50.81%) 35 (47.95%)
100% (52.56%) 41 (49.08%) 6,720,495 50.26 - 53.27 6,972,293 (50.92%) 37 (47.44%)
all (51.90%) 41 (49.07%) 6,720,495 50.26 - 53.33 6,976,293 (50.93%) 38 (48.10%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (51.61%) 16 (41.74%) 2,310,872 51.72 - 52.58 3,225,781 (58.26%) 15 (48.39%)
5% (50.00%) 24 (46.71%) 4,743,631 51.36 - 52.79 5,411,620 (53.29%) 24 (50.00%)
10% (50.88%) 29 (46.00%) 5,180,677 51.28 - 52.93 6,081,520 (54.00%) 28 (49.12%)
15% (50.75%) 34 (45.81%) 5,844,818 50.94 - 53.18 6,913,297 (54.19%) 33 (49.25%)
50% (52.05%) 38 (49.19%) 6,700,375 50.31 - 53.19 6,921,601 (50.81%) 35 (47.95%)
100% (52.56%) 41 (49.08%) 6,720,495 50.26 - 53.27 6,972,293 (50.92%) 37 (47.44%)
all (51.90%) 41 (49.07%) 6,720,495 50.26 - 53.33 6,976,293 (50.93%) 38 (48.10%
stv
- 10 Apr 2003 16:04
- 124 of 498
Most of those BUYS orders should have been taken out now and replaced with more.
ainsoph - 10 Apr 2003 16:19 - 125 of 498
still undecided - market getting worse
stv
- 10 Apr 2003 17:27
- 126 of 498
Bloody idiot closed @50.75 despite after close BUYS going in nr 52 level. Pathetic 1.4M sell allowed at discount yet again to closing bid. Very upset after 52.75 high earlier on!
ainsoph - 11 Apr 2003 08:38 - 127 of 498
April 11, 2003
Rumour of the day
The latest resurfacing of talk that mm02 may merge its German business with that of KPN, the Dutch owner of E-Plus, helped the mobile operator up 2p at 52p at its best. It closed just p ahead at 50p, despite a parallel tale that Hong Kongs Hutchison is considering a bid in an effort to add a 2.5G network to its 3G operations.
Rumour of the day
The latest resurfacing of talk that mm02 may merge its German business with that of KPN, the Dutch owner of E-Plus, helped the mobile operator up 2p at 52p at its best. It closed just p ahead at 50p, despite a parallel tale that Hong Kongs Hutchison is considering a bid in an effort to add a 2.5G network to its 3G operations.
stv
- 11 Apr 2003 08:56
- 128 of 498
L2? What's likely for today because despite US ending +ve yesterday this is not appreciating like yesterday which I dearly would like it to in the afternoon. What is the source of the above? Also why did the price↓so much Thu if L2 was level & hence AT Buys should have it↑?
Today despite opening up around 51 level and holding it @09:15 forced↓to 50 as FTSE weakened!
Today despite opening up around 51 level and holding it @09:15 forced↓to 50 as FTSE weakened!
ainsoph - 11 Apr 2003 09:21 - 129 of 498
Times rumour of the day
markets are undecided about the effects of 'winning'
sell orders have it on sets at the moment
US futures down a little - nas -2
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.25%) 9 (58.13%) 973,758 49.68 - 50.42 701,433 (41.87%) 7 (43.75%)
5% (55.17%) 16 (57.49%) 1,705,034 49.43 - 50.74 1,260,810 (42.51%) 13 (44.83%)
10% (47.62%) 20 (39.75%) 2,377,760 49.10 - 51.40 3,604,451 (60.25%) 22 (52.38%)
15% (42.86%) 24 (42.36%) 3,327,353 47.99 - 51.94 4,526,814 (57.64%) 32 (57.14%)
50% (42.11%) 24 (42.36%) 3,327,353 47.99 - 51.94 4,527,514 (57.64%) 33 (57.89%)
100% (42.19%) 27 (42.19%) 3,347,473 47.91 - 52.10 4,586,510 (57.81%) 37 (57.81%)
all (41.54%) 27 (42.17%) 3,347,473 47.91 - 52.19 4,590,510 (57.83%) 38 (58.46%
markets are undecided about the effects of 'winning'
sell orders have it on sets at the moment
US futures down a little - nas -2
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.25%) 9 (58.13%) 973,758 49.68 - 50.42 701,433 (41.87%) 7 (43.75%)
5% (55.17%) 16 (57.49%) 1,705,034 49.43 - 50.74 1,260,810 (42.51%) 13 (44.83%)
10% (47.62%) 20 (39.75%) 2,377,760 49.10 - 51.40 3,604,451 (60.25%) 22 (52.38%)
15% (42.86%) 24 (42.36%) 3,327,353 47.99 - 51.94 4,526,814 (57.64%) 32 (57.14%)
50% (42.11%) 24 (42.36%) 3,327,353 47.99 - 51.94 4,527,514 (57.64%) 33 (57.89%)
100% (42.19%) 27 (42.19%) 3,347,473 47.91 - 52.10 4,586,510 (57.81%) 37 (57.81%)
all (41.54%) 27 (42.17%) 3,347,473 47.91 - 52.19 4,590,510 (57.83%) 38 (58.46%
stv
- 11 Apr 2003 12:44
- 130 of 498
L2? 6.6M worth of BUYS have just gone through. Hope this closes above 52 like should've Thu.
ainsoph - 11 Apr 2003 12:48 - 131 of 498
Rumours still persist - Investec says they imply a valuation of 860/1500 million for the German unit - this would give a min valuation currently of 57p for OOM
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (65.38%) 17 (55.21%) 1,473,021 50.54 - 51.34 1,194,852 (44.79%) 9 (34.62%)
5% (60.53%) 23 (48.73%) 2,300,407 50.31 - 51.66 2,419,895 (51.27%) 15 (39.47%)
10% (62.07%) 36 (62.89%) 4,214,164 49.87 - 51.70 2,486,198 (37.11%) 22 (37.93%)
15% (56.72%) 38 (58.00%) 4,614,164 49.69 - 52.29 3,341,911 (42.00%) 29 (43.28%)
50% (58.57%) 41 (62.05%) 5,463,757 48.96 - 52.29 3,341,911 (37.95%) 29 (41.43%)
100% (57.14%) 44 (61.72%) 5,483,877 48.91 - 52.50 3,400,907 (38.28%) 33 (42.86%)
all (56.41%) 44 (61.69%) 5,483,877 48.91 - 52.62 3,404,907 (38.31%) 34 (43.59%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (65.38%) 17 (55.21%) 1,473,021 50.54 - 51.34 1,194,852 (44.79%) 9 (34.62%)
5% (60.53%) 23 (48.73%) 2,300,407 50.31 - 51.66 2,419,895 (51.27%) 15 (39.47%)
10% (62.07%) 36 (62.89%) 4,214,164 49.87 - 51.70 2,486,198 (37.11%) 22 (37.93%)
15% (56.72%) 38 (58.00%) 4,614,164 49.69 - 52.29 3,341,911 (42.00%) 29 (43.28%)
50% (58.57%) 41 (62.05%) 5,463,757 48.96 - 52.29 3,341,911 (37.95%) 29 (41.43%)
100% (57.14%) 44 (61.72%) 5,483,877 48.91 - 52.50 3,400,907 (38.28%) 33 (42.86%)
all (56.41%) 44 (61.69%) 5,483,877 48.91 - 52.62 3,404,907 (38.31%) 34 (43.59%
stv
- 11 Apr 2003 12:51
- 132 of 498
1.8M BUY! Where did you see the investec figures, was it published today? Today's Prediction?
ainsoph - 11 Apr 2003 13:00 - 133 of 498
from ME news
stv
- 11 Apr 2003 13:11
- 134 of 498
L2? Another 2.5M BUY with no effect on price as 'O' trade. What is ME news, website?
ainsoph - 11 Apr 2003 13:13 - 135 of 498
private sub scription site - very expensive - comes through private tv channel
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (65.38%) 17 (55.21%) 1,473,021 50.54 - 51.34 1,194,852 (44.79%) 9 (34.62%)
5% (60.53%) 23 (48.73%) 2,300,407 50.31 - 51.66 2,419,895 (51.27%) 15 (39.47%)
10% (62.07%) 36 (62.89%) 4,214,164 49.87 - 51.70 2,486,198 (37.11%) 22 (37.93%)
15% (56.72%) 38 (58.00%) 4,614,164 49.69 - 52.29 3,341,911 (42.00%) 29 (43.28%)
50% (58.57%) 41 (62.05%) 5,463,757 48.96 - 52.29 3,341,911 (37.95%) 29 (41.43%)
100% (57.14%) 44 (61.72%) 5,483,877 48.91 - 52.50 3,400,907 (38.28%) 33 (42.86%)
all (56.41%) 44 (61.69%) 5,483,877 48.91 - 52.62 3,404,907 (38.31%) 34 (43.59%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (65.38%) 17 (55.21%) 1,473,021 50.54 - 51.34 1,194,852 (44.79%) 9 (34.62%)
5% (60.53%) 23 (48.73%) 2,300,407 50.31 - 51.66 2,419,895 (51.27%) 15 (39.47%)
10% (62.07%) 36 (62.89%) 4,214,164 49.87 - 51.70 2,486,198 (37.11%) 22 (37.93%)
15% (56.72%) 38 (58.00%) 4,614,164 49.69 - 52.29 3,341,911 (42.00%) 29 (43.28%)
50% (58.57%) 41 (62.05%) 5,463,757 48.96 - 52.29 3,341,911 (37.95%) 29 (41.43%)
100% (57.14%) 44 (61.72%) 5,483,877 48.91 - 52.50 3,400,907 (38.28%) 33 (42.86%)
all (56.41%) 44 (61.69%) 5,483,877 48.91 - 52.62 3,404,907 (38.31%) 34 (43.59%)
stv
- 11 Apr 2003 13:37
- 136 of 498
L2? US figures come in better than expected but stock still facing selling pressure?
ainsoph - 11 Apr 2003 13:41 - 137 of 498
Nas futures are up 10.5 points
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.52%) 13 (46.24%) 1,371,788 50.55 - 51.40 1,594,652 (53.76%) 10 (43.48%)
5% (54.29%) 19 (43.54%) 2,174,174 50.32 - 51.65 2,819,695 (56.46%) 16 (45.71%)
10% (57.14%) 32 (51.35%) 4,087,931 49.86 - 51.86 3,872,298 (48.65%) 24 (42.86%)
15% (52.31%) 34 (48.70%) 4,487,931 49.67 - 52.25 4,728,011 (51.30%) 31 (47.69%)
50% (54.41%) 37 (53.03%) 5,337,524 48.93 - 52.25 4,728,011 (46.97%) 31 (45.59%)
100% (53.33%) 40 (52.81%) 5,357,644 48.88 - 52.39 4,787,007 (47.19%) 35 (46.67%)
all (52.63%) 40 (52.79%) 5,357,644 48.88 - 52.48 4,791,007 (47.21%) 36 (47.37%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.52%) 13 (46.24%) 1,371,788 50.55 - 51.40 1,594,652 (53.76%) 10 (43.48%)
5% (54.29%) 19 (43.54%) 2,174,174 50.32 - 51.65 2,819,695 (56.46%) 16 (45.71%)
10% (57.14%) 32 (51.35%) 4,087,931 49.86 - 51.86 3,872,298 (48.65%) 24 (42.86%)
15% (52.31%) 34 (48.70%) 4,487,931 49.67 - 52.25 4,728,011 (51.30%) 31 (47.69%)
50% (54.41%) 37 (53.03%) 5,337,524 48.93 - 52.25 4,728,011 (46.97%) 31 (45.59%)
100% (53.33%) 40 (52.81%) 5,357,644 48.88 - 52.39 4,787,007 (47.19%) 35 (46.67%)
all (52.63%) 40 (52.79%) 5,357,644 48.88 - 52.48 4,791,007 (47.21%) 36 (47.37%
stv
- 11 Apr 2003 14:42
- 138 of 498
This is getting on my nerves. Yesterday I miss out on amazing opportunity and today despite US Flying this is stuck whilst L2 looking fine is it not? So what's happening why still -ve?
ainsoph - 11 Apr 2003 15:22 - 139 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (58.06%) 18 (53.05%) 2,024,965 49.65 - 50.59 1,792,074 (46.95%) 13 (41.94%)
5% (58.14%) 25 (53.77%) 3,095,120 49.45 - 50.74 2,660,753 (46.23%) 18 (41.86%)
10% (50.00%) 27 (39.02%) 3,445,120 49.31 - 51.39 5,383,137 (60.98%) 27 (50.00%)
15% (45.31%) 29 (39.57%) 3,570,120 49.22 - 51.42 5,452,207 (60.43%) 35 (54.69%)
50% (44.62%) 29 (39.57%) 3,570,120 49.22 - 51.42 5,452,907 (60.43%) 36 (55.38%)
100% (44.44%) 32 (39.44%) 3,590,240 49.14 - 51.56 5,511,903 (60.56%) 40 (55.56%)
all (43.84%) 32 (39.43%) 3,590,240 49.14 - 51.63 5,515,903 (60.57%) 41 (56.16%)
ainsoph - 12 Apr 2003 09:48 - 140 of 498
Part of a longer article
Industry calls for end to MMS push
London, April 11 2003, (netimperative)
by Susie Harwood
Mobile operators are in danger of missing out on the huge potential offered by SMS messaging by placing too much emphasis on new technologies, according to industry experts.
Mike Grenville, founder and CEO of SMS and mobile messaging forum 160 Characters, said operators are focusing too much on trying to launch new MMS (multimedia messaging) services instead of looking at how they can make more money out of "something that everyone already has in their pocket".
There have been many industry predictions that SMS will peter out as soon as MMS takes off, but MMS services, such as picture messaging, are a long way from mass take-up. There is still a number of issues to be ironed out, including interoperability between different operators, and marketing and pricing of services, before this is likely to happen.
Sari Aapola, VP of marketing and customer relationship management at messaging infrastructure company Tecnomen, said that operators need to stop rushing and pushing MMS and 3G and give these technologies the time that is needed for them to get off the ground.
Experts also believe that operators also need to focus less on selling the technology and more on marketing the services. "Stop trying to make it rocket science and try coming down to earth," said Aapola.
Meanwhile, Grenville said that month-on-month numbers for SMS messages in the UK just keep growing and that the market has not even reached a plateau yet, making it very unlikely that this will start to decline any time in the near future.
Industry calls for end to MMS push
London, April 11 2003, (netimperative)
by Susie Harwood
Mobile operators are in danger of missing out on the huge potential offered by SMS messaging by placing too much emphasis on new technologies, according to industry experts.
Mike Grenville, founder and CEO of SMS and mobile messaging forum 160 Characters, said operators are focusing too much on trying to launch new MMS (multimedia messaging) services instead of looking at how they can make more money out of "something that everyone already has in their pocket".
There have been many industry predictions that SMS will peter out as soon as MMS takes off, but MMS services, such as picture messaging, are a long way from mass take-up. There is still a number of issues to be ironed out, including interoperability between different operators, and marketing and pricing of services, before this is likely to happen.
Sari Aapola, VP of marketing and customer relationship management at messaging infrastructure company Tecnomen, said that operators need to stop rushing and pushing MMS and 3G and give these technologies the time that is needed for them to get off the ground.
Experts also believe that operators also need to focus less on selling the technology and more on marketing the services. "Stop trying to make it rocket science and try coming down to earth," said Aapola.
Meanwhile, Grenville said that month-on-month numbers for SMS messages in the UK just keep growing and that the market has not even reached a plateau yet, making it very unlikely that this will start to decline any time in the near future.
ainsoph - 13 Apr 2003 19:19 - 141 of 498
AMSTERDAM (AFX) - O2 Netherlands BV, the Dutch arm of mm02 PLC, said it will hold a news conference at 8.00 am here, or 7.00 am BST, on Monday morning.
A spokeswoman for the company declined to comment on the reason for the meeting beyond saying the company's CEO will make an "important announcement".
amsterdam@afxnews.com
A spokeswoman for the company declined to comment on the reason for the meeting beyond saying the company's CEO will make an "important announcement".
amsterdam@afxnews.com
ainsoph - 14 Apr 2003 07:45 - 142 of 498
dutch company has been sold ..... makes OOM more saleable - gives them more cash to invest and after allowing for the one off charge will improve the bottom line over time
ains
ains
stv
- 14 Apr 2003 12:11
- 143 of 498
L2? Looking nice and +ve↑6% but I'd like to know will it still face 53 hurdle today? US +ve. To add to the good news ML upgraded their initial morning note to Buy. 12mth price target 66p.
ainsoph - 14 Apr 2003 12:19 - 144 of 498
volumes are highish but not exceptional - nas futures are making slow progree at 4.5 points up - dont see them over 53p today - but no rush
ains
Scotsman
MOBILE phone firm mmO2 has agreed to sell its Dutch arm to investment group Greenfield Capital Partners for around 15 million in cash.
The firm, formerly BT Cellnet, also said it expects to report positive earnings before interest, tax, depreciation and amortisation (EBITDA) for the financial year to the end of March.
Last month mmO2 said it expected full-year core earnings to be in line with analysts forecasts, and said it would beat its target for ten per cent revenue growth at its main British division. Full-year results will be released on May 21.
Greenfield, which also owns Enertel, a major Dutch internet protocol data provider, said it would streamline and rename O2 Netherlands.
Stef van Doesburg, a partner in the investment firm, said: "The business is complementary to our existing telecoms portfolio which includes Enertel, the number two dial-up telecoms operator in the Dutch market.
"This acquisition supports our overall strategy of investing in companies that offer a competitive range of fixed and mobile services."
Mm02, the smallest of Europes five listed mobile phone companies, has been dogged by merger speculation in an industry that has spent 60 billion on third-generation mobile licences only to see new services delayed by software glitches and handset shortages.
Peter Erskine, chief executive officer of mmO2, said: "We believe that this deal is in the best interests of mmO2 shareholders."
ainsoph - 14 Apr 2003 12:21 - 145 of 498
L2 looks strong at this time
stv
- 14 Apr 2003 12:47
- 146 of 498
Ains can you provide the L2 figs Thanks. It hit 53 bid but then slipped back after ~1M sells!
ainsoph - 14 Apr 2003 12:48 - 147 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (48.15%) 13 (56.37%) 2,220,593 52.67 - 53.48 1,718,940 (43.63%) 14 (51.85%)
5% (52.38%) 22 (56.60%) 4,531,766 52.40 - 53.74 3,474,702 (43.40%) 20 (47.62%)
10% (59.70%) 40 (63.92%) 6,480,328 52.08 - 53.81 3,658,222 (36.08%) 27 (40.30%)
15% (60.53%) 46 (65.91%) 7,127,660 51.76 - 53.83 3,685,922 (34.09%) 30 (39.47%)
50% (60.49%) 49 (68.63%) 8,083,728 51.09 - 53.84 3,694,226 (31.37%) 32 (39.51%)
100% (60.92%) 53 (68.46%) 8,128,848 51.03 - 53.99 3,744,918 (31.54%) 34 (39.08%)
all (60.23%) 53 (68.44%) 8,128,848 51.03 - 54.10 3,748,918 (31.56%) 35 (39.77%
ainsoph - 14 Apr 2003 12:49 - 148 of 498
mmO2 shares jump as Dutch unit is dumped
By Lucas van Grinsven
AMSTERDAM (Reuters) - MmO2, the smallest of Europe's five listed mobile phone groups, has sold its ailing Dutch unit for 25 million euros to a private equity house and sent its shares surging.
Fuelling renewed speculation that its German unit might be next on the block, British-based mmO2 sold its loss-making O2 Netherlands subsidiary to Greenfield Capital Partners after conceding it lacked the commitment to turn the business around.
After having invested two billion euros on O2 Netherlands over four years, mmO2 Chief Executive Peter Erskine said 25 million euros was "the best price we got". MmO2 OOM.L , which was forced to write down almost the whole investment, had seen no way to make 02 Netherlands "anything more than cash break-even".
Investors welcomed the news, sending shares in mmO2 5.5 percent higher to 52.52 euros by 1100 GMT. The group, which has seen its shares rise 15 percent this year, is one of the top restructuring stories in Europe's mobile phone market.
"The amount of money they got is relatively irrelevant," said one London-based telecoms analyst. "What's more important is that they are exiting from a business that was burning cash."
New owners Greenfield Capital Partners gets a debt-free company with an 11 percent market share. It plans to cut staff to 550 from 715, reinstate the unit's former name Telfort and delay any investments in a high-speed, third-generation (3G) mobile network. Greenfield already owns Enertel, a major Dutch Internet Protocol data provider.
GERMANY IN FOCUS
Analysts have long expected mmO2 to sell its Dutch unit, which operates in Europe's most competitive mobile phone market, and the sale has refocused market attention on mmO2's other loss-making unit, O2 Germany.
Both the Dutch operation and O2 Germany, which has a market share of around 7.8 percent, have been under management review. But O2 Germany has beaten financial targets and has extended a network-sharing agreement with T-Mobile to cut costs as it rolls out a costly 3G mobile phone network.
"The move seems likely to reinvigorate reports that O2 Germany is about to be sold to (Netherlands-based) KPN KPN.AS ," said Mark James, analyst at Nomura in London.
"But don't buy (mmO2 shares) in anticipation of a 1.0 billion euro-plus sale to KPN, because in our view it remains unlikely, despite the obvious fit."
Fresh speculation about a sale was sparked last week after KPN voiced interest in O2 Germany, which would help beef up its own German unit E-Plus and help build a viable rival to T-Mobile DTEGn.DE and Vodafone Group Plc VOD.L , which together control 80 percent of the German market.
Both KPN and mmO2 insist there are no talks about combining their German arms, and insist that last year's exploratory talks about a full-scale merger to create a company with a market value of about 20 billion euros came to nothing.
"(The Dutch deal) demonstrates a degree of pragmatism on the part of the management, which was never going to be forced to commit itself to keeping the whole of the footprint together," said another London-based analyst.
"(But) I don't think this means any sale in Germany is more likely, simply because the arguments are different. There is one obvious buyer in the form of KPN -- it's not a matter of trying to find a private equity company. What happens there will ultimately be a function of price rather than anything else."
MmO2 also has fully-owned units in Britain and Ireland.
GOING DUTCH
MmO2 said it would book a charge of around 1.4 billion pounds for the sale, including taking on around 200 million euros of debt from the unit. The charge will be an exceptional item in results for the fiscal year to end-March.
O2 Netherlands will continue as a local player with a down-to-earth new brand and market approach, Chief Executive Ton aan de Stegge told reporters. The business has a 3G licence, but its new owners have no plans to invest millions of euros in fast 3G services, such as mobile video calls.
Aan de Stegge said the case for 3G was unproven.
stv
- 14 Apr 2003 12:54
- 149 of 498
In the light of the L2 figs does it not indicate the offer must hit 53.5 to take out sell orders? Also the BUY orders being so below current price doesn't that make them redundant?
ainsoph - 14 Apr 2003 12:59 - 150 of 498
in a way ...... you look at the most recent orders placed and tend to ignore those out of touch with current price action
stv
- 14 Apr 2003 13:58
- 151 of 498
L2? Any further progress? Still hoping the offer can be pushed to 53.5 within next one hour!
ainsoph - 14 Apr 2003 14:18 - 152 of 498
sector is plus 1% - market 1% and nas plus 2.5 points
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 20 (37.72%) 1,971,343 52.59 - 53.46 3,254,733 (62.28%) 20 (50.00%)
5% (51.85%) 28 (46.34%) 4,328,413 52.35 - 53.65 5,011,352 (53.66%) 26 (48.15%)
10% (56.58%) 43 (54.81%) 6,283,182 52.04 - 53.69 5,180,872 (45.19%) 33 (43.42%)
15% (57.65%) 49 (57.09%) 6,930,514 51.72 - 53.71 5,208,572 (42.91%) 36 (42.35%)
50% (57.78%) 52 (60.19%) 7,886,582 51.04 - 53.72 5,216,876 (39.81%) 38 (42.22%)
100% (57.73%) 56 (59.06%) 7,931,702 50.98 - 54.33 5,497,568 (40.94%) 41 (42.27%)
all (57.14%) 56 (59.05%) 7,931,702 50.98 - 54.40 5,501,568 (40.95%) 42 (42.86%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 20 (37.72%) 1,971,343 52.59 - 53.46 3,254,733 (62.28%) 20 (50.00%)
5% (51.85%) 28 (46.34%) 4,328,413 52.35 - 53.65 5,011,352 (53.66%) 26 (48.15%)
10% (56.58%) 43 (54.81%) 6,283,182 52.04 - 53.69 5,180,872 (45.19%) 33 (43.42%)
15% (57.65%) 49 (57.09%) 6,930,514 51.72 - 53.71 5,208,572 (42.91%) 36 (42.35%)
50% (57.78%) 52 (60.19%) 7,886,582 51.04 - 53.72 5,216,876 (39.81%) 38 (42.22%)
100% (57.73%) 56 (59.06%) 7,931,702 50.98 - 54.33 5,497,568 (40.94%) 41 (42.27%)
all (57.14%) 56 (59.05%) 7,931,702 50.98 - 54.40 5,501,568 (40.95%) 42 (42.86%
ainsoph - 14 Apr 2003 15:44 - 153 of 498
By Friedel Rother
LONDON, April 14 (Reuters) - UK stocks were pushed up by a buoyant banking sector on Monday and gains for mobile operator mmO2 , while Wall Street added to the cheer with modest gains after a good start to the reporting season.
The FTSE 100 benchmark index was up 36.1 points, or one percent, at 3,844.2 by 1400 GMT. The market has rallied 17 percent over the past five weeks but is still four percent below where it started the year.
A flood of results are due out from both U.S. and UK companies this week. But despite encouraging news from financial services giant Citigroup (NYSE: C - news) , market observers remained wary.
"People are not going to be too concerned about the results themselves but more about the outlook for the rest of the year. I think it'll be quite cautious, quite tough," said Martin Cobb, investment manager at SVM Asset Management.
Mobile phone operator mmO2 was the biggest FTSE gainer. The shares rose 5.5 percent to trade around a five-month high after mmO2 sold its ailing Dutch unit for 25 million euros.
Merrill Lynch (NYSE: MER - news) upgraded the stock to "buy" and said the sale was good news for shareholders and the company.
Lloyds TSB (LSE: LLOY.L - news - msgs) was another top riser, up 3.6 percent on a report it is looking to sell its New Zealand banking unit, said to be worth up to $3.26 billion. Lloyds declined to comment on the weekend story in the Australian Financial Review.
Other banks also fared well, including Abbey National (LSE: ANL.L - news - msgs) and HBOS , both 2.7 percent better. The sector accounted for a third of the FTSE's overall gains.
Dealers said banking stocks were seen as an obvious play for investors betting on an improvement in the economy.
LONDON, April 14 (Reuters) - UK stocks were pushed up by a buoyant banking sector on Monday and gains for mobile operator mmO2 , while Wall Street added to the cheer with modest gains after a good start to the reporting season.
The FTSE 100 benchmark index was up 36.1 points, or one percent, at 3,844.2 by 1400 GMT. The market has rallied 17 percent over the past five weeks but is still four percent below where it started the year.
A flood of results are due out from both U.S. and UK companies this week. But despite encouraging news from financial services giant Citigroup (NYSE: C - news) , market observers remained wary.
"People are not going to be too concerned about the results themselves but more about the outlook for the rest of the year. I think it'll be quite cautious, quite tough," said Martin Cobb, investment manager at SVM Asset Management.
Mobile phone operator mmO2 was the biggest FTSE gainer. The shares rose 5.5 percent to trade around a five-month high after mmO2 sold its ailing Dutch unit for 25 million euros.
Merrill Lynch (NYSE: MER - news) upgraded the stock to "buy" and said the sale was good news for shareholders and the company.
Lloyds TSB (LSE: LLOY.L - news - msgs) was another top riser, up 3.6 percent on a report it is looking to sell its New Zealand banking unit, said to be worth up to $3.26 billion. Lloyds declined to comment on the weekend story in the Australian Financial Review.
Other banks also fared well, including Abbey National (LSE: ANL.L - news - msgs) and HBOS , both 2.7 percent better. The sector accounted for a third of the FTSE's overall gains.
Dealers said banking stocks were seen as an obvious play for investors betting on an improvement in the economy.
stv
- 14 Apr 2003 16:21
- 154 of 498
What's L2 showing now? It hit the price I wanted it to but I'd like it to close there now!
ainsoph - 14 Apr 2003 16:25 - 155 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (51.85%) 14 (57.84%) 2,034,707 52.69 - 53.57 1,483,186 (42.16%) 13 (48.15%)
5% (47.06%) 16 (43.79%) 2,512,247 52.56 - 53.80 3,224,805 (56.21%) 18 (52.94%)
10% (48.08%) 25 (47.83%) 4,213,576 52.06 - 54.07 4,595,120 (52.17%) 27 (51.92%)
15% (51.67%) 31 (51.27%) 4,860,908 51.60 - 54.08 4,620,820 (48.73%) 29 (48.33%)
50% (52.31%) 34 (55.69%) 5,816,976 50.70 - 54.10 4,629,124 (44.31%) 31 (47.69%)
100% (52.78%) 38 (54.42%) 5,862,096 50.62 - 54.75 4,909,816 (45.58%) 34 (47.22%)
all (52.05%) 38 (54.40%) 5,862,096 50.62 - 54.83 4,913,816 (45.60%) 35 (47.95%
stv
- 14 Apr 2003 17:13
- 156 of 498
If only I could predict things as accurately as today! Nice bullish stance with close @53.25↑6.5%. Lets pray & hope that tommorrow see's this make further gains to the upside.
ainsoph - 14 Apr 2003 17:16 - 157 of 498
Volumes increased as the day went by - now 128 million or 50% up on average
ainsoph - 14 Apr 2003 23:41 - 158 of 498
disposal of 02 Netherlands leads Merrill Lynch to upgrade its recommendation to 'buy', dealers said.
The US broker, which formerly rated the shares a 'neutral', set a price target of 66 pence on the stock. Its move follows mmO2 announcing this morning that it is selling O2 Netherlands operation to Greenfield Capital Partners for 25m. "We believe that this is a good deal for mmO2," Merrill advised clients. "Today's announcement is further evidence that mmO2 management is working in shareholders' interests.
The transaction will improve the financial profile of the group and allow management to concentrate efforts on the UK and Germany," it said, Merrill sees the Dutch market as too competitive, with five competing operators and 75% penetration at the end of 2002. "We believe mmO2 had little chance of gaining critical mass given that nearly 70% of the market is controlled by KPN and Vodafone and subscriber growth has stalled." But today's deal "transforms" mmO2's financial profile, it argued. Net debt is now expected to peak at 0.9 bln stg, compared to the 1.15 bln Merrill had previously forecast.
The US broker, which formerly rated the shares a 'neutral', set a price target of 66 pence on the stock. Its move follows mmO2 announcing this morning that it is selling O2 Netherlands operation to Greenfield Capital Partners for 25m. "We believe that this is a good deal for mmO2," Merrill advised clients. "Today's announcement is further evidence that mmO2 management is working in shareholders' interests.
The transaction will improve the financial profile of the group and allow management to concentrate efforts on the UK and Germany," it said, Merrill sees the Dutch market as too competitive, with five competing operators and 75% penetration at the end of 2002. "We believe mmO2 had little chance of gaining critical mass given that nearly 70% of the market is controlled by KPN and Vodafone and subscriber growth has stalled." But today's deal "transforms" mmO2's financial profile, it argued. Net debt is now expected to peak at 0.9 bln stg, compared to the 1.15 bln Merrill had previously forecast.
ainsoph - 14 Apr 2003 23:43 - 159 of 498
Tomorrows press looks good
April 15, 2003
MmO2 launches shake-up with Dutch disposal
By Nic Hopkins TIMES
MMO2 yesterday began its long-awaited consolidation of European assets by selling its loss-making Dutch subsidiary for 25 million (17 million), bringing the mobile phone operator a 1.4 billion charge.
The writedown is in on top of the 2 billion that mmO2 has invested in the subsidiary over the past three years.
The sale fanned speculation about mmO2s future in Germany, where it owns the smallest of four mobile networks. MmO2 has previously held talks to merge its business with that of KPN, the Dutch owner of third-ranked E-Plus.
Peter Erskine, mmO2 chief executive, said the sale price of O2 Netherlands was the best price we got, given that the company had seen no way of making the business anything more than cash break-even.
The business was bought by Greenfield Capital Partners, a private equity firm, which is to reinstate the old Telfort name, and defer spending on third-generation mobile technology.
MmO2 had struggled to stoke buying interest in O2 Netherlands after Vodafone ended talks to acquire it in January. The Dutch division ranks fourth in its market, has just over a million customers and recorded operating losses of 49 million in the six months to September 30.
Analysts said the sale price was more than O2 Netherlands was worth, despite the one-off charge that mmO2 will take as a result of the sale.
MmO2s German arm, with a book value of 6 billion, has 4.6 million customers but is barely profitable. The German market leaders, Vodafone and Deutsche Telekoms T-Mobile, each have more than 20 million customers and collectively control 80 per cent of the market.
MmO2 said that the division needs to lift its market share from 8 per cent to 12 per cent to be sustainable, although analysts say that closer to 20 per cent is needed. The fastest way to hit the target in a mature market would be to merge with E-Plus, which has a 20 per cent market share.
Rodney Sherrington, an ABN Amro analyst, said: In the long run, a merger is going to happen. But there is no pressure to do a deal immediately and the management appear to have no intention to rush.
April 15, 2003
MmO2 launches shake-up with Dutch disposal
By Nic Hopkins TIMES
MMO2 yesterday began its long-awaited consolidation of European assets by selling its loss-making Dutch subsidiary for 25 million (17 million), bringing the mobile phone operator a 1.4 billion charge.
The writedown is in on top of the 2 billion that mmO2 has invested in the subsidiary over the past three years.
The sale fanned speculation about mmO2s future in Germany, where it owns the smallest of four mobile networks. MmO2 has previously held talks to merge its business with that of KPN, the Dutch owner of third-ranked E-Plus.
Peter Erskine, mmO2 chief executive, said the sale price of O2 Netherlands was the best price we got, given that the company had seen no way of making the business anything more than cash break-even.
The business was bought by Greenfield Capital Partners, a private equity firm, which is to reinstate the old Telfort name, and defer spending on third-generation mobile technology.
MmO2 had struggled to stoke buying interest in O2 Netherlands after Vodafone ended talks to acquire it in January. The Dutch division ranks fourth in its market, has just over a million customers and recorded operating losses of 49 million in the six months to September 30.
Analysts said the sale price was more than O2 Netherlands was worth, despite the one-off charge that mmO2 will take as a result of the sale.
MmO2s German arm, with a book value of 6 billion, has 4.6 million customers but is barely profitable. The German market leaders, Vodafone and Deutsche Telekoms T-Mobile, each have more than 20 million customers and collectively control 80 per cent of the market.
MmO2 said that the division needs to lift its market share from 8 per cent to 12 per cent to be sustainable, although analysts say that closer to 20 per cent is needed. The fastest way to hit the target in a mature market would be to merge with E-Plus, which has a 20 per cent market share.
Rodney Sherrington, an ABN Amro analyst, said: In the long run, a merger is going to happen. But there is no pressure to do a deal immediately and the management appear to have no intention to rush.
ainsoph - 14 Apr 2003 23:45 - 160 of 498
Tempus
MMO2s disposal of its Dutch subsidiary has come sooner than most investors would have dared to hope. Shareholders were told of the companys intention to sell last November, when mmO2 presented its latest set of half-year results. But given the unenviable position of the business, and the straitened financial circumstances of most trade buyers, few would have held their breath for a deal.
The emergence of Greenfield Capital Partners, a private equity group, has not only allowed mmO2 to sell more quickly than was hoped. Greenfield has also paid more for the business than many would have thought likely. A sum of 25 million (17 million) hardly sounds princely, but the fact that the business is loss-making meant that most analysts ascribed a negative net worth to it. As importantly, the sale removes a notable distraction for mmO2 managers, giving them more time to focus on the stronger operations in the UK, the Irish Republic and Germany.
However, the true significance of the deal comes not in the speed of its execution, or the financial terms or the management ramifications. The true significance is in the nature of the buyer. Private equity groups are not sentimental sorts. They want to see positive cashflow. If Greenfield has its chequebook out, it suggests that there is hard cash to be made in mobile telephony.
Of course, the cash-generative qualities of mobile phone operators may not be as positive as Greenfields interest in mmO2s Dutch business suggests. Private equity firms across Europe are flush with cash since investors in them have been so attracted by the rates of return delivered in the recent past. They may feel the cash burning a hole in their pockets and are taking on riskier ventures in order simply to get invested. In addition, Greenfield already owns the Dutch fixed-line telecoms formerly owned by Energis and may see some more amorphous strategic advantage in crunching the two together.
However, if Greenfield thinks there is a reasonable return to be made out of the relatively weak player that is O2 Netherlands, it will do nothing but encourage investors in stronger outfits. Private equity buyers affection for exit routes also means returns may come more quickly than is often assumed. It may also imbue mmO2s domestic business in the UK, and its German operations, with a potential value exceeding current reckoning. It may even heighten hopes that the whole of what was BT Cellnet will be bid for. Hold.
MMO2s disposal of its Dutch subsidiary has come sooner than most investors would have dared to hope. Shareholders were told of the companys intention to sell last November, when mmO2 presented its latest set of half-year results. But given the unenviable position of the business, and the straitened financial circumstances of most trade buyers, few would have held their breath for a deal.
The emergence of Greenfield Capital Partners, a private equity group, has not only allowed mmO2 to sell more quickly than was hoped. Greenfield has also paid more for the business than many would have thought likely. A sum of 25 million (17 million) hardly sounds princely, but the fact that the business is loss-making meant that most analysts ascribed a negative net worth to it. As importantly, the sale removes a notable distraction for mmO2 managers, giving them more time to focus on the stronger operations in the UK, the Irish Republic and Germany.
However, the true significance of the deal comes not in the speed of its execution, or the financial terms or the management ramifications. The true significance is in the nature of the buyer. Private equity groups are not sentimental sorts. They want to see positive cashflow. If Greenfield has its chequebook out, it suggests that there is hard cash to be made in mobile telephony.
Of course, the cash-generative qualities of mobile phone operators may not be as positive as Greenfields interest in mmO2s Dutch business suggests. Private equity firms across Europe are flush with cash since investors in them have been so attracted by the rates of return delivered in the recent past. They may feel the cash burning a hole in their pockets and are taking on riskier ventures in order simply to get invested. In addition, Greenfield already owns the Dutch fixed-line telecoms formerly owned by Energis and may see some more amorphous strategic advantage in crunching the two together.
However, if Greenfield thinks there is a reasonable return to be made out of the relatively weak player that is O2 Netherlands, it will do nothing but encourage investors in stronger outfits. Private equity buyers affection for exit routes also means returns may come more quickly than is often assumed. It may also imbue mmO2s domestic business in the UK, and its German operations, with a potential value exceeding current reckoning. It may even heighten hopes that the whole of what was BT Cellnet will be bid for. Hold.
ainsoph - 15 Apr 2003 07:59 - 161 of 498
Durlatcher says charting wise the shares have lifted up through the top of a congestion band ie around the 50p level and are poised to break out in a serious way - need to get through the next barier at 55p ..... I still hold and hold the most I have held in recent times ..... hanging on for the ride
ains
ains
ainsoph - 15 Apr 2003 08:45 - 162 of 498
Lehman Bros retains its overweight rating in mmO2 raising its price target to 73p from 70p following yesterday's sale of O2 Netherlands.
stv
- 15 Apr 2003 12:39
- 163 of 498
L2? Are any other firms currently updating forecasts & price targets after the disposal.
ainsoph - 15 Apr 2003 12:43 - 164 of 498
i expect they all are .... but don't have any more details at this time
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (32.26%) 10 (29.70%) 1,057,687 53.72 - 54.46 2,504,102 (70.30%) 21 (67.74%)
5% (34.04%) 16 (36.93%) 2,506,449 53.32 - 54.68 4,280,050 (63.07%) 31 (65.96%)
10% (32.76%) 19 (40.64%) 3,258,622 53.07 - 54.77 4,758,673 (59.36%) 39 (67.24%)
15% (35.00%) 21 (41.52%) 3,378,522 52.99 - 54.77 4,758,673 (58.48%) 39 (65.00%)
50% (38.81%) 26 (49.63%) 4,696,162 51.21 - 54.78 4,766,977 (50.37%) 41 (61.19%)
100% (41.89%) 31 (49.64%) 4,749,282 51.09 - 54.89 4,817,669 (50.36%) 43 (58.11%)
all (40.79%) 31 (47.54%) 4,749,282 51.09 - 58.58 5,241,669 (52.46%) 45 (59.21%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (32.26%) 10 (29.70%) 1,057,687 53.72 - 54.46 2,504,102 (70.30%) 21 (67.74%)
5% (34.04%) 16 (36.93%) 2,506,449 53.32 - 54.68 4,280,050 (63.07%) 31 (65.96%)
10% (32.76%) 19 (40.64%) 3,258,622 53.07 - 54.77 4,758,673 (59.36%) 39 (67.24%)
15% (35.00%) 21 (41.52%) 3,378,522 52.99 - 54.77 4,758,673 (58.48%) 39 (65.00%)
50% (38.81%) 26 (49.63%) 4,696,162 51.21 - 54.78 4,766,977 (50.37%) 41 (61.19%)
100% (41.89%) 31 (49.64%) 4,749,282 51.09 - 54.89 4,817,669 (50.36%) 43 (58.11%)
all (40.79%) 31 (47.54%) 4,749,282 51.09 - 58.58 5,241,669 (52.46%) 45 (59.21%
stv
- 15 Apr 2003 15:34
- 165 of 498
Is L2 still quite weak? Cannot believe how far its fallen due to bad US figs. I really need the US to end +ve in a similar manner to yesterday & O2 closing near the 54.25 level today.
ainsoph - 15 Apr 2003 15:40 - 166 of 498
US is improving a little - L2 also
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.14%) 16 (56.56%) 1,813,784 53.08 - 53.97 1,393,175 (43.44%) 12 (42.86%)
5% (47.37%) 18 (49.26%) 2,155,622 52.99 - 54.17 2,220,214 (50.74%) 20 (52.63%)
10% (34.48%) 20 (40.20%) 2,576,177 52.79 - 54.54 3,832,537 (59.80%) 38 (65.52%)
15% (37.70%) 23 (43.46%) 2,946,077 52.21 - 54.54 3,832,537 (56.54%) 38 (62.30%)
50% (39.39%) 26 (50.47%) 3,913,717 50.70 - 54.55 3,840,841 (49.53%) 40 (60.61%)
100% (42.47%) 31 (50.48%) 3,966,837 50.56 - 54.69 3,891,533 (49.52%) 42 (57.53%)
all (40.79%) 31 (47.89%) 3,966,837 50.56 - 59.19 4,315,833 (52.11%) 45 (59.21%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.14%) 16 (56.56%) 1,813,784 53.08 - 53.97 1,393,175 (43.44%) 12 (42.86%)
5% (47.37%) 18 (49.26%) 2,155,622 52.99 - 54.17 2,220,214 (50.74%) 20 (52.63%)
10% (34.48%) 20 (40.20%) 2,576,177 52.79 - 54.54 3,832,537 (59.80%) 38 (65.52%)
15% (37.70%) 23 (43.46%) 2,946,077 52.21 - 54.54 3,832,537 (56.54%) 38 (62.30%)
50% (39.39%) 26 (50.47%) 3,913,717 50.70 - 54.55 3,840,841 (49.53%) 40 (60.61%)
100% (42.47%) 31 (50.48%) 3,966,837 50.56 - 54.69 3,891,533 (49.52%) 42 (57.53%)
all (40.79%) 31 (47.89%) 3,966,837 50.56 - 59.19 4,315,833 (52.11%) 45 (59.21%)
jus - 16 Apr 2003 11:05 - 167 of 498
L2 must be weak right? Despite nice move up this am now ignoring mkt advances ↓0.5%.
ainsoph - 16 Apr 2003 11:31 - 168 of 498
some profit taking today I suspect - still holding mine
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (44.44%) 16 (47.87%) 1,861,517 53.49 - 54.28 2,027,105 (52.13%) 20 (55.56%)
5% (41.07%) 23 (46.43%) 2,919,616 53.32 - 54.51 3,369,228 (53.57%) 33 (58.93%)
10% (37.14%) 26 (50.42%) 3,569,349 53.14 - 54.57 3,510,228 (49.58%) 44 (62.86%)
15% (35.53%) 27 (45.38%) 3,619,349 53.07 - 55.04 4,356,357 (54.62%) 49 (64.47%)
50% (37.04%) 30 (52.04%) 4,735,658 51.88 - 55.05 4,364,661 (47.96%) 51 (62.96%)
100% (39.08%) 34 (51.99%) 4,780,778 51.77 - 55.16 4,415,353 (48.01%) 53 (60.92%)
all (38.20%) 34 (51.96%) 4,780,778 51.77 - 55.25 4,419,653 (48.04%) 55 (61.80%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (44.44%) 16 (47.87%) 1,861,517 53.49 - 54.28 2,027,105 (52.13%) 20 (55.56%)
5% (41.07%) 23 (46.43%) 2,919,616 53.32 - 54.51 3,369,228 (53.57%) 33 (58.93%)
10% (37.14%) 26 (50.42%) 3,569,349 53.14 - 54.57 3,510,228 (49.58%) 44 (62.86%)
15% (35.53%) 27 (45.38%) 3,619,349 53.07 - 55.04 4,356,357 (54.62%) 49 (64.47%)
50% (37.04%) 30 (52.04%) 4,735,658 51.88 - 55.05 4,364,661 (47.96%) 51 (62.96%)
100% (39.08%) 34 (51.99%) 4,780,778 51.77 - 55.16 4,415,353 (48.01%) 53 (60.92%)
all (38.20%) 34 (51.96%) 4,780,778 51.77 - 55.25 4,419,653 (48.04%) 55 (61.80%
ainsoph - 16 Apr 2003 13:32 - 169 of 498
Goldman Sachs initiates coverage of Intercontinental Hotels with an underperform rating and of Mitchell & Butlers with an in-line rating.
The broker has an in-line rating for Invensys buts cuts estimates and has an outperform rating for mmO2 (OOM).
The broker has an in-line rating for Invensys buts cuts estimates and has an outperform rating for mmO2 (OOM).
ainsoph - 16 Apr 2003 13:32 - 170 of 498
13:07 Wednesday 16th April 2003
Matthew Broersma
A select 350 users will begin trialling O2's video download and video messaging services next month, with a commercial version to follow this year
Mobile network operator O2 UK will begin trials of a wireless video service with 350 of its mobile phone customers at the end of this month, ahead of a possible commercial launch later this year.
The trials are the latest move by network providers to make use of emerging technologies such as GPRS (general packet radio service), along with the recent spread of multimedia-capable handsets, to roll out money-making features. Previous attempts to entice consumers into using data services such as WAP and early GPRS were less than successful, but more recent features such as picture messaging are proving more popular with users.
Those taking part in the trial, which begins at the end of this month, will be able to download or stream video without charge to their Nokia 7650, Nokia 3650 or xda handsets.
Potentially more attractive to consumers, however, will be the ability to send video clips recorded on either of the Nokia handsets to other video-enabled mobile phones or to email addresses. Both Nokia handsets have built-in cameras and can record up to 10 seconds of video.
The video-messaging, streaming and downloading services all use O2's GPRS network, but O2 is paving the way for similar services that will ultimately run on 3G with much faster transfer rates. Hutchison's 3 has already launched a 3G network in the UK, and operators have been running 3G services in Japan for several months.
The success of such multimedia offerings is crucial to wireless providers, who paid billions for 3G licences and must find a way to recoup the costs.
O2 will offer video clips from BSkyB as well as from Arsenal football club and the England rugby team, which are both sponsored by O2.
"We want to develop a range of communications and entertainment services that our customers really want and trials like this give us the opportunity to listen to our customers and get crucial feedback," said Dave McGlade, O2 UK's chief executive, in a statement. The company recently announced trials of a music download service that will begin next month in the UK and Germany. O2 parent mmO2, formerly known as BT Wireless, said earlier this week that it would sell its Dutch operation, O2 Netherlands, for 17m. The decision will cost mm02 a 1.4bn charge on top of the 2bn euros (about 1.4bn) that it has invested in the subsidiary over the past three years.
Silicon.com's Will Sturgeon contributed to this report.
Matthew Broersma
A select 350 users will begin trialling O2's video download and video messaging services next month, with a commercial version to follow this year
Mobile network operator O2 UK will begin trials of a wireless video service with 350 of its mobile phone customers at the end of this month, ahead of a possible commercial launch later this year.
The trials are the latest move by network providers to make use of emerging technologies such as GPRS (general packet radio service), along with the recent spread of multimedia-capable handsets, to roll out money-making features. Previous attempts to entice consumers into using data services such as WAP and early GPRS were less than successful, but more recent features such as picture messaging are proving more popular with users.
Those taking part in the trial, which begins at the end of this month, will be able to download or stream video without charge to their Nokia 7650, Nokia 3650 or xda handsets.
Potentially more attractive to consumers, however, will be the ability to send video clips recorded on either of the Nokia handsets to other video-enabled mobile phones or to email addresses. Both Nokia handsets have built-in cameras and can record up to 10 seconds of video.
The video-messaging, streaming and downloading services all use O2's GPRS network, but O2 is paving the way for similar services that will ultimately run on 3G with much faster transfer rates. Hutchison's 3 has already launched a 3G network in the UK, and operators have been running 3G services in Japan for several months.
The success of such multimedia offerings is crucial to wireless providers, who paid billions for 3G licences and must find a way to recoup the costs.
O2 will offer video clips from BSkyB as well as from Arsenal football club and the England rugby team, which are both sponsored by O2.
"We want to develop a range of communications and entertainment services that our customers really want and trials like this give us the opportunity to listen to our customers and get crucial feedback," said Dave McGlade, O2 UK's chief executive, in a statement. The company recently announced trials of a music download service that will begin next month in the UK and Germany. O2 parent mmO2, formerly known as BT Wireless, said earlier this week that it would sell its Dutch operation, O2 Netherlands, for 17m. The decision will cost mm02 a 1.4bn charge on top of the 2bn euros (about 1.4bn) that it has invested in the subsidiary over the past three years.
Silicon.com's Will Sturgeon contributed to this report.
jus - 16 Apr 2003 17:37 - 171 of 498
Ains did GS provide any price targets for the stocks they evaluated today. Thanks.
stv
- 17 Apr 2003 09:27
- 172 of 498
L2? It seems quite strong just a short while ago is their any news or reason for strength?
ainsoph - 17 Apr 2003 10:19 - 173 of 498
not seen any news today other than nokia stuff
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (64.44%) 29 (43.73%) 745,459 54.62 - 55.54 959,411 (56.27%) 16 (35.56%)
5% (58.33%) 35 (49.38%) 1,919,579 54.33 - 55.79 1,967,835 (50.62%) 25 (41.67%)
10% (61.63%) 53 (73.60%) 5,753,438 53.59 - 55.85 2,063,711 (26.40%) 33 (38.37%)
15% (63.46%) 66 (73.84%) 6,705,638 53.28 - 56.24 2,376,215 (26.16%) 38 (36.54%)
50% (65.18%) 73 (76.13%) 8,151,588 52.23 - 56.59 2,555,415 (23.87%) 39 (34.82%)
100% (64.75%) 79 (72.84%) 8,913,510 51.24 - 59.23 3,322,909 (27.16%) 43 (35.25%)
all (63.71%) 79 (72.82%) 8,913,510 51.24 - 59.35 3,327,209 (27.18%) 45 (36.29%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (64.44%) 29 (43.73%) 745,459 54.62 - 55.54 959,411 (56.27%) 16 (35.56%)
5% (58.33%) 35 (49.38%) 1,919,579 54.33 - 55.79 1,967,835 (50.62%) 25 (41.67%)
10% (61.63%) 53 (73.60%) 5,753,438 53.59 - 55.85 2,063,711 (26.40%) 33 (38.37%)
15% (63.46%) 66 (73.84%) 6,705,638 53.28 - 56.24 2,376,215 (26.16%) 38 (36.54%)
50% (65.18%) 73 (76.13%) 8,151,588 52.23 - 56.59 2,555,415 (23.87%) 39 (34.82%)
100% (64.75%) 79 (72.84%) 8,913,510 51.24 - 59.23 3,322,909 (27.16%) 43 (35.25%)
all (63.71%) 79 (72.82%) 8,913,510 51.24 - 59.35 3,327,209 (27.18%) 45 (36.29%
ainsoph - 17 Apr 2003 10:20 - 174 of 498
10:00AM 2003.04.17 (GMT+1)
Nokia achieves excellent profitability in the first quarter and mobile phone volumes grow faster than market
First quarter 2003 compared with the first quarter 2002:
- Net sales were EUR 6 773 million (EUR 7 014 million in 1Q 2002), down by 3%.
- Pro forma operating profit was EUR 1 187 million (EUR 1 286 million), down by 8%. This included a gain of EUR 56 million in 1Q 2003 from the sale of the remaining shares of Nokian Tyres. Pro forma operating margin was 17.5% (18.3%).
- Pro forma adjustments for 1Q 2003 were EUR 183 million, including:
- Goodwill amortization of EUR 43 million
- Positive adjustment of EUR 226 million to 3Q 2002 customer finance impairment (MobilCom)
- Pro forma net profit was EUR 860 million (EUR 915 million), down by 6%.
- Pro forma earnings per share (diluted) were EUR 0.18 (EUR 0.19). The sale of the shares of
Nokian Tyres contributed approximately EUR 0.01.
- Reported operating profit increased by 11% to EUR 1 370 million (EUR 1 234 million).
- Reported net profit increased by 13% to EUR 977 million (EUR 863 million) and reported earnings per - share (diluted) increased to EUR 0.20 (EUR 0.18).
- Operating cash flow in the first quarter continued strongly at EUR 1.4 billion.
Nokia achieves excellent profitability in the first quarter and mobile phone volumes grow faster than market
First quarter 2003 compared with the first quarter 2002:
- Net sales were EUR 6 773 million (EUR 7 014 million in 1Q 2002), down by 3%.
- Pro forma operating profit was EUR 1 187 million (EUR 1 286 million), down by 8%. This included a gain of EUR 56 million in 1Q 2003 from the sale of the remaining shares of Nokian Tyres. Pro forma operating margin was 17.5% (18.3%).
- Pro forma adjustments for 1Q 2003 were EUR 183 million, including:
- Goodwill amortization of EUR 43 million
- Positive adjustment of EUR 226 million to 3Q 2002 customer finance impairment (MobilCom)
- Pro forma net profit was EUR 860 million (EUR 915 million), down by 6%.
- Pro forma earnings per share (diluted) were EUR 0.18 (EUR 0.19). The sale of the shares of
Nokian Tyres contributed approximately EUR 0.01.
- Reported operating profit increased by 11% to EUR 1 370 million (EUR 1 234 million).
- Reported net profit increased by 13% to EUR 977 million (EUR 863 million) and reported earnings per - share (diluted) increased to EUR 0.20 (EUR 0.18).
- Operating cash flow in the first quarter continued strongly at EUR 1.4 billion.
ainsoph - 17 Apr 2003 11:19 - 175 of 498
Thursday April 17, 11:04 AM
Mmo2 leads FTSE higher as Nokia boosts telecoms
LONDON, April 17 (Reuters) - Britain's top shares pushed higher on Thursday, with mobile firm mm02 in the lead after pleasing earnings from Finnish handset giant Nokia (Helsinki: news) soothed fears over the outlook for corporate earnings.
"I think people quite like these Nokia numbers," said one dealer. "It's a sentiment issue. It simply shows there's a European corporate that is doing well."
MmO2 (LSE: OOM.L - news - msgs) shares were up 3.4 percent, while rival Vodafone (LSE: VOD.L - news - msgs) was up one percent.
By 0957 GMT the FTSE 100 (^FTSE - news) was up 41.6 points or 1.1 percent at 3,895.4, bouncing off a session low of 3,826.1 as traders geared up for a higher opening on Wall Street.
The expiration of FTSE 100 index options earlier in the session had boosted the market as dealers scrambled to buy the underlying shares.
Mmo2 leads FTSE higher as Nokia boosts telecoms
LONDON, April 17 (Reuters) - Britain's top shares pushed higher on Thursday, with mobile firm mm02 in the lead after pleasing earnings from Finnish handset giant Nokia (Helsinki: news) soothed fears over the outlook for corporate earnings.
"I think people quite like these Nokia numbers," said one dealer. "It's a sentiment issue. It simply shows there's a European corporate that is doing well."
MmO2 (LSE: OOM.L - news - msgs) shares were up 3.4 percent, while rival Vodafone (LSE: VOD.L - news - msgs) was up one percent.
By 0957 GMT the FTSE 100 (^FTSE - news) was up 41.6 points or 1.1 percent at 3,895.4, bouncing off a session low of 3,826.1 as traders geared up for a higher opening on Wall Street.
The expiration of FTSE 100 index options earlier in the session had boosted the market as dealers scrambled to buy the underlying shares.
ainsoph - 17 Apr 2003 13:59 - 176 of 498
Merrill Lynch has upgraded mmO2 to buy with a price target of 66p, following the news that the group is selling O2 Netherlands for 25m. The broker says it is a good deal for the telecoms group and is proof that the management is keeping its shareholders in mind.
ainsoph - 17 Apr 2003 14:11 - 177 of 498
O2 adds video trials to test plans
London, April 17 2003, (netimperative)
by Susie Harwood
O2 has announced plans to trial a new mobile video service at the end of this month, which will be followed by a previously announced music-over-mobile service trial in May.
The mobile operator has picked 350 users of Nokia 7650 and Nokia 3650 handsets to take part in the video service, which will allow them to create and record up to 10 seconds of video and send it to another video capable phone or email address, and download or stream video content free of charge for a six-week period.
During the trial, users will be offered downloadable content including Sky news, sport, weather and entertainment. O2 will use its sponsorships of Arsenal football club and the England Rugby team to offer users exclusive interviews with the Arsenal manager and post match highlights, and access to footage of England Rugby internationals.
The music download service, which will let users download chart-topping songs to their phones, will begin trials in the UK and Germany next month.
Both services will run over O2's GPRS network and if the trials are successful, the company will look to launch commercial services to expand its current MMS portfolio and attract more subscribers to its GPRS network, ahead of the launch of 3G next year.
O2 is also trying to catch up with Vodafone, which has signed up more customers for its Vodafone live! service. In January, O2 announced it had signed up 80,000 UK subscribers to its new Java games and MMS portfolio by the end of last year, compared to the Vodafone live! Service, which had 90,000 UK users.
Meanwhile, the take-up of MMS services already available, such as picture messaging, should be boosted by news earlier this week that Vodafone has signed an interoperability agreement with T-Mobile, O2 and Orange that will finally allow customers to exchange picture messages with users of all the major mobile networks.
London, April 17 2003, (netimperative)
by Susie Harwood
O2 has announced plans to trial a new mobile video service at the end of this month, which will be followed by a previously announced music-over-mobile service trial in May.
The mobile operator has picked 350 users of Nokia 7650 and Nokia 3650 handsets to take part in the video service, which will allow them to create and record up to 10 seconds of video and send it to another video capable phone or email address, and download or stream video content free of charge for a six-week period.
During the trial, users will be offered downloadable content including Sky news, sport, weather and entertainment. O2 will use its sponsorships of Arsenal football club and the England Rugby team to offer users exclusive interviews with the Arsenal manager and post match highlights, and access to footage of England Rugby internationals.
The music download service, which will let users download chart-topping songs to their phones, will begin trials in the UK and Germany next month.
Both services will run over O2's GPRS network and if the trials are successful, the company will look to launch commercial services to expand its current MMS portfolio and attract more subscribers to its GPRS network, ahead of the launch of 3G next year.
O2 is also trying to catch up with Vodafone, which has signed up more customers for its Vodafone live! service. In January, O2 announced it had signed up 80,000 UK subscribers to its new Java games and MMS portfolio by the end of last year, compared to the Vodafone live! Service, which had 90,000 UK users.
Meanwhile, the take-up of MMS services already available, such as picture messaging, should be boosted by news earlier this week that Vodafone has signed an interoperability agreement with T-Mobile, O2 and Orange that will finally allow customers to exchange picture messages with users of all the major mobile networks.
ainsoph - 17 Apr 2003 14:13 - 178 of 498
10:20 Thursday 17th April 2003
Winston Chai, CNET Asia
A climbing expedition on Everest will be able to send text messages to report their progress using a temporary wireless network
The last phone-free sanctuary has just been conquered: in a stunt to promote mobile messaging, three companies have joined hands to provide a mobile phone service up the world's highest mountain, Mount Everest.
China Mobile, one of the largest cellular operators in the mainland, has set up a temporary wireless network on the mountain to allow progress of an upcoming expedition to be documented via SMS (Short Messaging Service) and MMS (Multimedia Messaging Service).
Handset maker Motorola will provide its 388C MMS-enabled handset for message transmission while a third partner Sohu.com, a China-based Net firm, will provide content services such as exclusive reporting on its Web site.
Besides seasoned mountaineers, Charles Zhang, president and CEO of Sohu.com, will also participate in the company-sponsored climb in May, Sohu.com said in statement.
"He will use SMS and MMS throughout the journey to report on the expedition," the firm added.
While mobile coverage can be boosted by adding base stations, this is one of the first attempts to bring wireless technologies up such great altitudes.
"Generally, wireless operating equipment can only work below a height of 4,000 metres. China Mobile is the first carrier to bring wireless applications to a level above 5,100 metres," claimed China mobile spokesman Wang Hongyu.
Future alpinists hoping to tap into the Everest mobile network will be disappointed as this is a temporary publicity stunt and will not be commercially launched.
"China Mobile is setting up this system temporarily for now. Maybe in the future they will make it permanently available for climbing expeditions," said Sohu.com spokeswoman Caroline Straathof.
She did not say if there will be a ban on annoying ringtones on the rooftop of the world.
Winston Chai, CNET Asia
A climbing expedition on Everest will be able to send text messages to report their progress using a temporary wireless network
The last phone-free sanctuary has just been conquered: in a stunt to promote mobile messaging, three companies have joined hands to provide a mobile phone service up the world's highest mountain, Mount Everest.
China Mobile, one of the largest cellular operators in the mainland, has set up a temporary wireless network on the mountain to allow progress of an upcoming expedition to be documented via SMS (Short Messaging Service) and MMS (Multimedia Messaging Service).
Handset maker Motorola will provide its 388C MMS-enabled handset for message transmission while a third partner Sohu.com, a China-based Net firm, will provide content services such as exclusive reporting on its Web site.
Besides seasoned mountaineers, Charles Zhang, president and CEO of Sohu.com, will also participate in the company-sponsored climb in May, Sohu.com said in statement.
"He will use SMS and MMS throughout the journey to report on the expedition," the firm added.
While mobile coverage can be boosted by adding base stations, this is one of the first attempts to bring wireless technologies up such great altitudes.
"Generally, wireless operating equipment can only work below a height of 4,000 metres. China Mobile is the first carrier to bring wireless applications to a level above 5,100 metres," claimed China mobile spokesman Wang Hongyu.
Future alpinists hoping to tap into the Everest mobile network will be disappointed as this is a temporary publicity stunt and will not be commercially launched.
"China Mobile is setting up this system temporarily for now. Maybe in the future they will make it permanently available for climbing expeditions," said Sohu.com spokeswoman Caroline Straathof.
She did not say if there will be a ban on annoying ringtones on the rooftop of the world.
ainsoph - 20 Apr 2003 09:58 - 179 of 498
Hmmmmmmmmmm
April 20, 2003 S Times
Insider dealing: is it rising again?
The City regulator is preparing to get tough after a series of suspiciously prescient share purchases. Report by Rupert Steiner and Louise Armitstead
IN THE CITY, information is everything. Rumours and speculation that are exchanged over a coffee or a pint in the pub can be used to make a quick buck on the stock market.
But few dive in and profit from what they have heard. Insider dealing is a criminal offence and the risks are as large as the potential gains.
Last week, new concerns emerged about how information known by a small number of bankers, lawyers and advisers before a company announcement, appears to have found its way to a wider audience.
The mystery centres on recent news announced by four quoted companies. In the cases of Somerfield, the supermarket chain; MMO2, the mobile-phone operator; Amey, the building contractor; and Chubb, the security firm, big share-price rises and heavy share buying occurred just before key announcements.
The scale and the regularity of the share-price movements have led to suggestions that this is more than just a coincidence.
Some observers believe a sophisticated organisation of professionals regularly profits from illegal trading. This group has become known as the Men in Dark Glasses because of the cool way it has robbed the market without being rumbled. Past traders in the know have also had nicknames the Monaco Boys and the Gloucester Farmers were just two of the groups.
The Financial Services Authority, chaired by Sir Howard Davies, is not sure. It has launched investigations of each share-price spike in the past week, but is yet to begin a broader inquiry.
It is clear that a sizeable number of traders knew to buy shares in MM02 before it announced the disposal of a loss-making division. Its usually sleepy shares rose sharply on Monday.
About 2m Somerfield shares are usually traded each day. On Monday it was one of the most- traded stocks on the exchange, with 25m shares changing hands. A bid approach was announced the following day.
Amey shares have languished at about 20p for most of this month but closed on Tuesday at 27p. Trading volume was up by a third. The shares shot even higher on news that the company was being snapped up by Grupo Ferrovial of Spain.
On Wednesday, 15m Chubb shares changed hands before the group revealed, at 11.30am, that it had received a bid approach.The shares ended the day up 19% at 79p.
While such anecdotal evidence suggests that insider trading does take place, it remains difficult to prove that there is an organised ring at work.
Research for The Sunday Times carried out by Ernst & Young, the accountancy firm, tracked price movements in the shares of a range of companies in the five days before they issued a profit warning. It found the evidence inconclusive. For example, Dixons, the retailing group, warned on profits in January. Its share price rose 3% in the five days before the warning, while the retail sector as a whole fell 1.2%.
Yet Legal & General, which also issued a warning in January, fell almost 9% in the five days before its announcement. The life-assurance sector fell only 7% in that time. In many cases, companies that issued warnings moved in line with their sectors, making definite conclusions impossible. In fact, previous Ernst & Young research into post-warning share movements has lent weight to the view that insider trading is rare. In recent months, shares have dived as much as 18% on the day of the warning, indicating that, in many cases, traders were caught by surprise. Nonetheless, experts say London remains more vulnerable to insider trading than America, which has a tough regulator in the form of the Securities and Exchange Commission. In Britain, the old-boy network remains strong in the City, where a more old-fashioned approach based on trust exists among executives.
Critics say that firms liberally spread information among their bankers, lawyers, compliance officers and advisers, and that Chinese walls can develop cracks.
There is also the problem of communicating corporate acquisitions and disposals to staff. Most businesses feel an obligation to get the corporate message across before a deal is announced publicly lest staff read about it in the media first. The timing of an announcement to staff, many of whom may be shareholders, can leave a company exposed.
Many observers have blamed the FSA for not doing enough to stamp out market abuse. But the regulator is expected to flex its muscles within days and hit a company for market misbehaviour and breaches of regulation. The breach may have taken place before the FSA was awarded new wide-ranging powers, but the message will be clear: the FSA is getting tough with market abusers.
In 2001, 14 cases of insider trading were brought to trial, 10 of which were successfully prosecuted. Five more prosecutions occurred last year, of which two were successful.
The case of Tim Blackstone, the former financial journalist turned public-relations adviser, received the most publicity. Blackstone bought shares in a client, Murray Financial, in the knowledge that it was to receive a takeover bid. He sold the shares after the announcement was made and took a 3,000 profit.
Although Blackstone was caught, he hardly represents big-fry to the FSA. Not only was the deal small, but it was hopelessly amateurish and took little sleuthing to detect. Blackstone traded in his own name and then admitted everything in court. As a result he was given a slap on the wrist in court and received a nominal 1,000 fine.
In fact, the last time a big name was convicted of insider trading was in the late 1980s when Geoffrey Collier, one of Morgan Grenfells top executives, was fined 25,000.
Additional reporting by Lucinda Kemeny and Jessica Shepperd.
April 20, 2003 S Times
Insider dealing: is it rising again?
The City regulator is preparing to get tough after a series of suspiciously prescient share purchases. Report by Rupert Steiner and Louise Armitstead
IN THE CITY, information is everything. Rumours and speculation that are exchanged over a coffee or a pint in the pub can be used to make a quick buck on the stock market.
But few dive in and profit from what they have heard. Insider dealing is a criminal offence and the risks are as large as the potential gains.
Last week, new concerns emerged about how information known by a small number of bankers, lawyers and advisers before a company announcement, appears to have found its way to a wider audience.
The mystery centres on recent news announced by four quoted companies. In the cases of Somerfield, the supermarket chain; MMO2, the mobile-phone operator; Amey, the building contractor; and Chubb, the security firm, big share-price rises and heavy share buying occurred just before key announcements.
The scale and the regularity of the share-price movements have led to suggestions that this is more than just a coincidence.
Some observers believe a sophisticated organisation of professionals regularly profits from illegal trading. This group has become known as the Men in Dark Glasses because of the cool way it has robbed the market without being rumbled. Past traders in the know have also had nicknames the Monaco Boys and the Gloucester Farmers were just two of the groups.
The Financial Services Authority, chaired by Sir Howard Davies, is not sure. It has launched investigations of each share-price spike in the past week, but is yet to begin a broader inquiry.
It is clear that a sizeable number of traders knew to buy shares in MM02 before it announced the disposal of a loss-making division. Its usually sleepy shares rose sharply on Monday.
About 2m Somerfield shares are usually traded each day. On Monday it was one of the most- traded stocks on the exchange, with 25m shares changing hands. A bid approach was announced the following day.
Amey shares have languished at about 20p for most of this month but closed on Tuesday at 27p. Trading volume was up by a third. The shares shot even higher on news that the company was being snapped up by Grupo Ferrovial of Spain.
On Wednesday, 15m Chubb shares changed hands before the group revealed, at 11.30am, that it had received a bid approach.The shares ended the day up 19% at 79p.
While such anecdotal evidence suggests that insider trading does take place, it remains difficult to prove that there is an organised ring at work.
Research for The Sunday Times carried out by Ernst & Young, the accountancy firm, tracked price movements in the shares of a range of companies in the five days before they issued a profit warning. It found the evidence inconclusive. For example, Dixons, the retailing group, warned on profits in January. Its share price rose 3% in the five days before the warning, while the retail sector as a whole fell 1.2%.
Yet Legal & General, which also issued a warning in January, fell almost 9% in the five days before its announcement. The life-assurance sector fell only 7% in that time. In many cases, companies that issued warnings moved in line with their sectors, making definite conclusions impossible. In fact, previous Ernst & Young research into post-warning share movements has lent weight to the view that insider trading is rare. In recent months, shares have dived as much as 18% on the day of the warning, indicating that, in many cases, traders were caught by surprise. Nonetheless, experts say London remains more vulnerable to insider trading than America, which has a tough regulator in the form of the Securities and Exchange Commission. In Britain, the old-boy network remains strong in the City, where a more old-fashioned approach based on trust exists among executives.
Critics say that firms liberally spread information among their bankers, lawyers, compliance officers and advisers, and that Chinese walls can develop cracks.
There is also the problem of communicating corporate acquisitions and disposals to staff. Most businesses feel an obligation to get the corporate message across before a deal is announced publicly lest staff read about it in the media first. The timing of an announcement to staff, many of whom may be shareholders, can leave a company exposed.
Many observers have blamed the FSA for not doing enough to stamp out market abuse. But the regulator is expected to flex its muscles within days and hit a company for market misbehaviour and breaches of regulation. The breach may have taken place before the FSA was awarded new wide-ranging powers, but the message will be clear: the FSA is getting tough with market abusers.
In 2001, 14 cases of insider trading were brought to trial, 10 of which were successfully prosecuted. Five more prosecutions occurred last year, of which two were successful.
The case of Tim Blackstone, the former financial journalist turned public-relations adviser, received the most publicity. Blackstone bought shares in a client, Murray Financial, in the knowledge that it was to receive a takeover bid. He sold the shares after the announcement was made and took a 3,000 profit.
Although Blackstone was caught, he hardly represents big-fry to the FSA. Not only was the deal small, but it was hopelessly amateurish and took little sleuthing to detect. Blackstone traded in his own name and then admitted everything in court. As a result he was given a slap on the wrist in court and received a nominal 1,000 fine.
In fact, the last time a big name was convicted of insider trading was in the late 1980s when Geoffrey Collier, one of Morgan Grenfells top executives, was fined 25,000.
Additional reporting by Lucinda Kemeny and Jessica Shepperd.
ainsoph - 22 Apr 2003 07:37 - 180 of 498
Erskine brushes aside speculation over merger deals for mmO2
Business Profile: Mobile chief vows to be 'stingy with the cash' despite Dutch disposal
By Liz Vaughan-Adams
22 April 2003
Peter Erskine should, by rights, be happy. Selling mmO2's loss-making Dutch business has resuscitated interest in the mobile phone operator, won the chief executive respect in the City and sent the stock on an upward path.
Yet a day after the announcement, it's business as usual over at the company's headquarters in Stockley Park, Uxbridge and if the chief executive is happier than usual, you'd never know.
http://news.independent.co.uk/business/news_analysis/story.jsp?story=399287
With typical understatement, he says of the deal: "In today's environment in Holland, I think we've done well." Worse, though, are the hints he drops that any future excitement is more likely to come simply from making the business perform better.
Business Profile: Mobile chief vows to be 'stingy with the cash' despite Dutch disposal
By Liz Vaughan-Adams
22 April 2003
Peter Erskine should, by rights, be happy. Selling mmO2's loss-making Dutch business has resuscitated interest in the mobile phone operator, won the chief executive respect in the City and sent the stock on an upward path.
Yet a day after the announcement, it's business as usual over at the company's headquarters in Stockley Park, Uxbridge and if the chief executive is happier than usual, you'd never know.
http://news.independent.co.uk/business/news_analysis/story.jsp?story=399287
With typical understatement, he says of the deal: "In today's environment in Holland, I think we've done well." Worse, though, are the hints he drops that any future excitement is more likely to come simply from making the business perform better.
stv
- 22 Apr 2003 09:03
- 181 of 498
L2? It hit an intraday low of 52.25 due to the above news. Perhaps it will go lower!
ainsoph - 22 Apr 2003 09:15 - 182 of 498
I think they will recover later but market is slow and weak after BH
Nas futures -5
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.14%) 12 (66.97%) 1,469,308 52.59 - 53.09 724,792 (33.03%) 9 (42.86%)
5% (62.07%) 18 (75.24%) 2,627,739 52.23 - 53.23 864,792 (24.76%) 11 (37.93%)
10% (58.33%) 28 (72.08%) 3,906,239 51.96 - 53.92 1,513,415 (27.92%) 20 (41.67%)
15% (48.61%) 35 (73.53%) 5,311,309 51.15 - 54.46 1,911,635 (26.47%) 37 (51.39%)
50% (45.57%) 36 (67.60%) 5,811,309 50.63 - 55.90 2,785,109 (32.40%) 43 (54.43%)
100% (46.43%) 39 (67.28%) 5,831,429 50.57 - 56.06 2,835,801 (32.72%) 45 (53.57%)
all (45.35%) 39 (67.25%) 5,831,429 50.57 - 56.20 2,840,101 (32.75%) 47 (54.65%
Nas futures -5
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.14%) 12 (66.97%) 1,469,308 52.59 - 53.09 724,792 (33.03%) 9 (42.86%)
5% (62.07%) 18 (75.24%) 2,627,739 52.23 - 53.23 864,792 (24.76%) 11 (37.93%)
10% (58.33%) 28 (72.08%) 3,906,239 51.96 - 53.92 1,513,415 (27.92%) 20 (41.67%)
15% (48.61%) 35 (73.53%) 5,311,309 51.15 - 54.46 1,911,635 (26.47%) 37 (51.39%)
50% (45.57%) 36 (67.60%) 5,811,309 50.63 - 55.90 2,785,109 (32.40%) 43 (54.43%)
100% (46.43%) 39 (67.28%) 5,831,429 50.57 - 56.06 2,835,801 (32.72%) 45 (53.57%)
all (45.35%) 39 (67.25%) 5,831,429 50.57 - 56.20 2,840,101 (32.75%) 47 (54.65%
stv
- 22 Apr 2003 11:09
- 183 of 498
This has indeed recovered quite dramatically to 54.25 inline with +ve US futures now.
ainsoph - 22 Apr 2003 11:15 - 184 of 498
Yes ..... intraday indicated a bottoming out from around 0900 hrs to just after 1000 hrs ....
nas uc - sector plus 0.67%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (41.67%) 10 (44.33%) 775,828 53.90 - 54.73 974,349 (55.67%) 14 (58.33%)
5% (46.67%) 14 (58.35%) 1,416,970 53.71 - 54.76 1,011,449 (41.65%) 16 (53.33%)
10% (51.67%) 31 (79.75%) 5,280,988 52.72 - 55.13 1,340,669 (20.25%) 29 (48.33%)
15% (55.56%) 45 (77.06%) 7,609,658 52.01 - 56.67 2,264,839 (22.94%) 36 (44.44%)
50% (55.17%) 48 (77.72%) 7,964,558 51.84 - 56.70 2,283,143 (22.28%) 39 (44.83%)
100% (55.91%) 52 (78.43%) 8,484,678 51.39 - 56.88 2,333,835 (21.57%) 41 (44.09%)
all (54.74%) 52 (78.40%) 8,484,678 51.39 - 57.05 2,338,135 (21.60%) 43 (45.26%
nas uc - sector plus 0.67%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (41.67%) 10 (44.33%) 775,828 53.90 - 54.73 974,349 (55.67%) 14 (58.33%)
5% (46.67%) 14 (58.35%) 1,416,970 53.71 - 54.76 1,011,449 (41.65%) 16 (53.33%)
10% (51.67%) 31 (79.75%) 5,280,988 52.72 - 55.13 1,340,669 (20.25%) 29 (48.33%)
15% (55.56%) 45 (77.06%) 7,609,658 52.01 - 56.67 2,264,839 (22.94%) 36 (44.44%)
50% (55.17%) 48 (77.72%) 7,964,558 51.84 - 56.70 2,283,143 (22.28%) 39 (44.83%)
100% (55.91%) 52 (78.43%) 8,484,678 51.39 - 56.88 2,333,835 (21.57%) 41 (44.09%)
all (54.74%) 52 (78.40%) 8,484,678 51.39 - 57.05 2,338,135 (21.60%) 43 (45.26%
ainsoph - 22 Apr 2003 11:19 - 185 of 498
late 3.9 mill buy now showing
stv
- 22 Apr 2003 14:57
- 186 of 498
Ains what does it look like now and will this close @55? I thought with the Varney quote this would stay down and hence have missed out on a great opportunity earlier. Currently↑2% @55.
ainsoph - 22 Apr 2003 15:02 - 187 of 498
The Varney thingy didn't help early on but the sector is holding it's own with exception of BT.
1.53 billion text messages were sent in Feb
Markets are marginally down but sector is up 0.35% and oom up 0.93% - chart intraday looks promising but subject to a market downturn
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (48.28%) 14 (45.00%) 2,145,682 54.16 - 54.92 2,622,032 (55.00%) 15 (51.72%)
5% (45.24%) 19 (50.31%) 3,245,018 53.96 - 55.03 3,205,600 (49.69%) 23 (54.76%)
10% (44.44%) 36 (60.31%) 6,347,526 53.31 - 55.30 4,177,099 (39.69%) 45 (55.56%)
15% (46.30%) 50 (62.58%) 8,865,226 52.77 - 56.08 5,302,073 (37.42%) 58 (53.70%)
50% (48.67%) 55 (65.46%) 10,050,296 52.30 - 56.08 5,302,073 (34.54%) 58 (51.33%)
100% (49.58%) 59 (66.38%) 10,570,416 51.92 - 56.17 5,352,765 (33.62%) 60 (50.42%)
all (48.76%) 59 (66.37%) 10,570,416 51.92 - 56.24 5,357,065 (33.63%) 62 (51.24%)
1.53 billion text messages were sent in Feb
Markets are marginally down but sector is up 0.35% and oom up 0.93% - chart intraday looks promising but subject to a market downturn
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (48.28%) 14 (45.00%) 2,145,682 54.16 - 54.92 2,622,032 (55.00%) 15 (51.72%)
5% (45.24%) 19 (50.31%) 3,245,018 53.96 - 55.03 3,205,600 (49.69%) 23 (54.76%)
10% (44.44%) 36 (60.31%) 6,347,526 53.31 - 55.30 4,177,099 (39.69%) 45 (55.56%)
15% (46.30%) 50 (62.58%) 8,865,226 52.77 - 56.08 5,302,073 (37.42%) 58 (53.70%)
50% (48.67%) 55 (65.46%) 10,050,296 52.30 - 56.08 5,302,073 (34.54%) 58 (51.33%)
100% (49.58%) 59 (66.38%) 10,570,416 51.92 - 56.17 5,352,765 (33.62%) 60 (50.42%)
all (48.76%) 59 (66.37%) 10,570,416 51.92 - 56.24 5,357,065 (33.63%) 62 (51.24%)
ainsoph - 22 Apr 2003 15:06 - 188 of 498
fyi
Eire Cuts
38,000 go live! in Ireland
Vodafone Ireland has signed up 38,000 live! subscribers since the service was introduced on 6 November. Since then, more than 800,000 picture messages have been sent over the Irish network.
In addition, 50,000 Java games and 200,000 polyphonic ring tones were downloaded by customers to their handsets. There have been more than five million GPRS 'calls' to the Vodafone live! menu and 800,000 e-mails sent via Vodafone mail.
The Irish network's contribution to the group total is four per cent, which was hailed by Paul Donavan as a "tremendous achievement", indicating higher mobile usage levels in Ireland, compared with the rest of Europe.
A recent study of Irish mobile brand awareness by Millward Brown placed Vodafone at the top, with an 88 per cent total for spontaneous awareness, just 12 months after rebranding from rcell.
The survey showed that Vodafone was the best recognised brand - 'top of the mind' with 55 per cent of the sample (O2 achieved 23 per cent, and Meteor five per cent).
O2 scales back 3G roll-out
O2 ireland is proposing to cut its 3G roll-out costs in rural areas by adding EDGE technology to its existing infrastructure, reserving 3G for urban and other highly populated areas where bandwidth use is expected to be profitable.
There has been no response from regulator ComReg to the O2 submission, but it is unlikely to be enthusiastic at its attempt to modify a primary 3G licence obligation at such a late stage in the game - effectively reducing customer choice in rural areas. O2 Ireland is expected to achieve margin improvements in the second half of its financial year to 31 March 2003.
Pre-tax earnings from the Irish division rose 22 per cent in the six months to September. Turnover rose 11 per cent, helped by 43,000 new connections in the last quarter of 2002, bringing the number of customers on the O2 Irish network to 1.25 million.
Meteor queries roaming rule
Hot on the heels of O2's submission to ComReg over modifying its 3G roll-out, Meteor Mobile is unimpressed that it has not received a response concerning incumbent networks providing national roaming.
Meteor has called again for the regulator to look at the issue. The proposal is that Meteor would have access to competitors' rural networks. In return it would provide bandwidth to these networks in urban areas to relieve congestion.
"They don't want to admit it, but Vodafone and O2 have capacity problems", said Meteor Mobile corporate affairs director Andrew Kelly.
Meanwhile, Meteor has launched a media campaign and marketing offensive to change the perception of Meteor as a network with only urban coverage. Print and TV commercials are already running, but these appear to be more brand awareness-driven than an attempt to sell the network to potential customers.
Analysts suggest that Hutchison 3G is considering an acquisition of Meteor's GSM network as a base for future activities in the Republic, but the networks themselves continue to deny the idea. Meteor Mobile has just four per cent market share.
Mayo partnerships
C&C Cellular, claimed to be County Mayo's largest mobile retailer, has announced a partnership arrangement with O2 Ireland.
C&C has six retail outlets in Mayo - operating from Ballina, Westport, Ballinrobe, Swinford, Castlebar and Claremorris. O2 will continue to invest in improving mobile communications in Mayo with a view to sustaining growth and innovation in the region.
3G lands in N Ireland
Three counties in Northern Ireland now have access to 3G services; Antrim, Down and Derry. Hutchison 3G's 3 network is providing its high bandwidth video services across most of Belfast, as far south as Lisburn along the M1, and north along the M2 to Antrim town.
Derry also has primary coverage within the city, but this presently hands over to the O2 GSM network, as service between Derry and Belfast is not contiguous. Like the UK, congestion is unlikely to be a problem. A quick poll of Ulster dealers revealed nobody had handsets in stock. Coverage in the south of the province is not expected until December at the earliest, according to Vodafone's Paul Donovan.
Rugby texting
O2 has launched a text initiative designed to generate a million 'good luck' messages for the Irish Rugby Team. The person who sends the most creative 'good luck' text will win a trip for two to see Ireland play Australia in Perth on June 7. O2 will contribute 17c to the IRFU Charitable Trust for every text message received.
Fans text the word PERTH, followed by 53101. Each message sent will cost a maximum of 61c. O2's Gerry McQuaid, commented:
"We are proud sponsors of Irish Rugby at both national and local levels and we expect our initiative will generate over a million 'good luck' messages for the Irish team between now and May 24".
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (45.45%) 15 (50.84%) 2,373,376 54.19 - 55.14 2,295,229 (49.16%) 18 (54.55%)
5% (40.00%) 20 (53.98%) 3,472,712 53.99 - 55.33 2,960,855 (46.02%) 30 (60.00%)
10% (46.25%) 37 (66.48%) 6,575,220 53.35 - 55.47 3,314,802 (33.52%) 43 (53.75%)
15% (48.57%) 51 (67.36%) 9,092,920 52.82 - 56.35 4,405,276 (32.64%) 54 (51.43%)
50% (50.91%) 56 (70.00%) 10,277,990 52.34 - 56.35 4,405,276 (30.00%) 54 (49.09%)
100% (51.72%) 60 (70.79%) 10,798,110 51.97 - 56.45 4,455,968 (29.21%) 56 (48.28%)
all (50.85%) 60 (70.77%) 10,798,110 51.97 - 56.54 4,460,268 (29.23%) 58 (49.15%)
Eire Cuts
38,000 go live! in Ireland
Vodafone Ireland has signed up 38,000 live! subscribers since the service was introduced on 6 November. Since then, more than 800,000 picture messages have been sent over the Irish network.
In addition, 50,000 Java games and 200,000 polyphonic ring tones were downloaded by customers to their handsets. There have been more than five million GPRS 'calls' to the Vodafone live! menu and 800,000 e-mails sent via Vodafone mail.
The Irish network's contribution to the group total is four per cent, which was hailed by Paul Donavan as a "tremendous achievement", indicating higher mobile usage levels in Ireland, compared with the rest of Europe.
A recent study of Irish mobile brand awareness by Millward Brown placed Vodafone at the top, with an 88 per cent total for spontaneous awareness, just 12 months after rebranding from rcell.
The survey showed that Vodafone was the best recognised brand - 'top of the mind' with 55 per cent of the sample (O2 achieved 23 per cent, and Meteor five per cent).
O2 scales back 3G roll-out
O2 ireland is proposing to cut its 3G roll-out costs in rural areas by adding EDGE technology to its existing infrastructure, reserving 3G for urban and other highly populated areas where bandwidth use is expected to be profitable.
There has been no response from regulator ComReg to the O2 submission, but it is unlikely to be enthusiastic at its attempt to modify a primary 3G licence obligation at such a late stage in the game - effectively reducing customer choice in rural areas. O2 Ireland is expected to achieve margin improvements in the second half of its financial year to 31 March 2003.
Pre-tax earnings from the Irish division rose 22 per cent in the six months to September. Turnover rose 11 per cent, helped by 43,000 new connections in the last quarter of 2002, bringing the number of customers on the O2 Irish network to 1.25 million.
Meteor queries roaming rule
Hot on the heels of O2's submission to ComReg over modifying its 3G roll-out, Meteor Mobile is unimpressed that it has not received a response concerning incumbent networks providing national roaming.
Meteor has called again for the regulator to look at the issue. The proposal is that Meteor would have access to competitors' rural networks. In return it would provide bandwidth to these networks in urban areas to relieve congestion.
"They don't want to admit it, but Vodafone and O2 have capacity problems", said Meteor Mobile corporate affairs director Andrew Kelly.
Meanwhile, Meteor has launched a media campaign and marketing offensive to change the perception of Meteor as a network with only urban coverage. Print and TV commercials are already running, but these appear to be more brand awareness-driven than an attempt to sell the network to potential customers.
Analysts suggest that Hutchison 3G is considering an acquisition of Meteor's GSM network as a base for future activities in the Republic, but the networks themselves continue to deny the idea. Meteor Mobile has just four per cent market share.
Mayo partnerships
C&C Cellular, claimed to be County Mayo's largest mobile retailer, has announced a partnership arrangement with O2 Ireland.
C&C has six retail outlets in Mayo - operating from Ballina, Westport, Ballinrobe, Swinford, Castlebar and Claremorris. O2 will continue to invest in improving mobile communications in Mayo with a view to sustaining growth and innovation in the region.
3G lands in N Ireland
Three counties in Northern Ireland now have access to 3G services; Antrim, Down and Derry. Hutchison 3G's 3 network is providing its high bandwidth video services across most of Belfast, as far south as Lisburn along the M1, and north along the M2 to Antrim town.
Derry also has primary coverage within the city, but this presently hands over to the O2 GSM network, as service between Derry and Belfast is not contiguous. Like the UK, congestion is unlikely to be a problem. A quick poll of Ulster dealers revealed nobody had handsets in stock. Coverage in the south of the province is not expected until December at the earliest, according to Vodafone's Paul Donovan.
Rugby texting
O2 has launched a text initiative designed to generate a million 'good luck' messages for the Irish Rugby Team. The person who sends the most creative 'good luck' text will win a trip for two to see Ireland play Australia in Perth on June 7. O2 will contribute 17c to the IRFU Charitable Trust for every text message received.
Fans text the word PERTH, followed by 53101. Each message sent will cost a maximum of 61c. O2's Gerry McQuaid, commented:
"We are proud sponsors of Irish Rugby at both national and local levels and we expect our initiative will generate over a million 'good luck' messages for the Irish team between now and May 24".
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (45.45%) 15 (50.84%) 2,373,376 54.19 - 55.14 2,295,229 (49.16%) 18 (54.55%)
5% (40.00%) 20 (53.98%) 3,472,712 53.99 - 55.33 2,960,855 (46.02%) 30 (60.00%)
10% (46.25%) 37 (66.48%) 6,575,220 53.35 - 55.47 3,314,802 (33.52%) 43 (53.75%)
15% (48.57%) 51 (67.36%) 9,092,920 52.82 - 56.35 4,405,276 (32.64%) 54 (51.43%)
50% (50.91%) 56 (70.00%) 10,277,990 52.34 - 56.35 4,405,276 (30.00%) 54 (49.09%)
100% (51.72%) 60 (70.79%) 10,798,110 51.97 - 56.45 4,455,968 (29.21%) 56 (48.28%)
all (50.85%) 60 (70.77%) 10,798,110 51.97 - 56.54 4,460,268 (29.23%) 58 (49.15%)
ainsoph - 22 Apr 2003 15:54 - 189 of 498
moving ahead quite nicely now as the FTSE gets going northwards
ainsoph - 22 Apr 2003 16:18 - 190 of 498
This was from earlier this morning .....
Williams de Broe takes a negative stance on European mobile phone stocks with sell ratings for Orange, mmO2 and Vodafone
Williams de Broe takes a negative stance on European mobile phone stocks with sell ratings for Orange, mmO2 and Vodafone
stv
- 23 Apr 2003 12:18
- 191 of 498
This seems to have overcome morning weakness & getting really strong. Does L2 +ve?
ainsoph - 23 Apr 2003 12:24 - 192 of 498
seems to be a pattern
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (38.71%) 12 (39.06%) 1,179,180 56.13 - 56.93 1,839,449 (60.94%) 19 (61.29%)
5% (42.11%) 16 (38.48%) 1,425,034 56.03 - 57.04 2,278,013 (61.52%) 22 (57.89%)
10% (56.06%) 37 (60.95%) 4,344,568 55.17 - 57.23 2,783,493 (39.05%) 29 (43.94%)
15% (61.45%) 51 (64.55%) 5,101,576 54.82 - 57.25 2,801,797 (35.45%) 32 (38.55%)
50% (59.77%) 52 (64.23%) 5,301,576 54.64 - 57.65 2,952,489 (35.77%) 35 (40.23%)
100% (61.96%) 57 (65.59%) 5,626,596 54.21 - 57.65 2,952,489 (34.41%) 35 (38.04%)
all (60.64%) 57 (65.55%) 5,626,596 54.21 - 57.78 2,956,789 (34.45%) 37 (39.36%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (38.71%) 12 (39.06%) 1,179,180 56.13 - 56.93 1,839,449 (60.94%) 19 (61.29%)
5% (42.11%) 16 (38.48%) 1,425,034 56.03 - 57.04 2,278,013 (61.52%) 22 (57.89%)
10% (56.06%) 37 (60.95%) 4,344,568 55.17 - 57.23 2,783,493 (39.05%) 29 (43.94%)
15% (61.45%) 51 (64.55%) 5,101,576 54.82 - 57.25 2,801,797 (35.45%) 32 (38.55%)
50% (59.77%) 52 (64.23%) 5,301,576 54.64 - 57.65 2,952,489 (35.77%) 35 (40.23%)
100% (61.96%) 57 (65.59%) 5,626,596 54.21 - 57.65 2,952,489 (34.41%) 35 (38.04%)
all (60.64%) 57 (65.55%) 5,626,596 54.21 - 57.78 2,956,789 (34.45%) 37 (39.36%
stv
- 24 Apr 2003 09:11
- 193 of 498
Again has overcome morning weakness & getting stronger. Is L2 +ve or will it go <56?
ainsoph - 24 Apr 2003 09:35 - 194 of 498
Markets have turned again after a neg opening - Nas futures are marginally down but talk on oil situation is +
I think we will tend to slightly outperform the market. Sector is up 0.7% - FTSE up 0.06% OOM down 1.3% at this time @ 57p after 55p earlier.
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (40.74%) 11 (45.04%) 1,574,166 56.45 - 57.18 1,920,977 (54.96%) 16 (59.26%)
5% (41.67%) 15 (44.63%) 2,105,608 56.29 - 57.37 2,612,130 (55.37%) 21 (58.33%)
10% (47.17%) 25 (50.86%) 2,832,408 55.92 - 57.45 2,736,730 (49.14%) 28 (52.83%)
15% (50.00%) 34 (47.13%) 3,192,556 55.59 - 58.28 3,581,999 (52.87%) 34 (50.00%)
50% (50.68%) 37 (53.64%) 4,202,521 54.44 - 58.37 3,632,691 (46.36%) 36 (49.32%)
100% (53.25%) 41 (53.78%) 4,227,541 54.34 - 58.37 3,632,691 (46.22%) 36 (46.75%)
all (51.90%) 41 (53.75%) 4,227,541 54.34 - 58.48 3,636,991 (46.25%) 38 (48.10%)
I think we will tend to slightly outperform the market. Sector is up 0.7% - FTSE up 0.06% OOM down 1.3% at this time @ 57p after 55p earlier.
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (40.74%) 11 (45.04%) 1,574,166 56.45 - 57.18 1,920,977 (54.96%) 16 (59.26%)
5% (41.67%) 15 (44.63%) 2,105,608 56.29 - 57.37 2,612,130 (55.37%) 21 (58.33%)
10% (47.17%) 25 (50.86%) 2,832,408 55.92 - 57.45 2,736,730 (49.14%) 28 (52.83%)
15% (50.00%) 34 (47.13%) 3,192,556 55.59 - 58.28 3,581,999 (52.87%) 34 (50.00%)
50% (50.68%) 37 (53.64%) 4,202,521 54.44 - 58.37 3,632,691 (46.36%) 36 (49.32%)
100% (53.25%) 41 (53.78%) 4,227,541 54.34 - 58.37 3,632,691 (46.22%) 36 (46.75%)
all (51.90%) 41 (53.75%) 4,227,541 54.34 - 58.48 3,636,991 (46.25%) 38 (48.10%)
ainsoph - 24 Apr 2003 10:45 - 195 of 498
10:08 Thursday 24th April 2003
Reuters
Telecoms companies reported their earnings this week, signals indicate that the worst may be over
A ray of light broke through the gloomy telecommunications sector on Wednesday as earnings results from a number of companies demonstrated their ability to manage through a difficult environment.
Long-distance telephone company AT&T and BellSouth both swung to a profit in the first quarter, despite lower revenues, on reduced costs and capital spending.
Nextel Communications, the fifth-largest wireless telephone company, posted a 21 percent jump in revenue, thanks to its unique walkie-talkie-like service, popular with big-spending business customers.
Even troubled equipment maker Lucent Technologies posted a narrower-than-expected loss as its revenue grew sequentially and it posted strong profit margins.
The shares of all three companies rose, as did the North American Telecommunications Index.
The gains repaired the sector's sell-off earlier in the week, after Sprint, the No. 4 US long-distance company, posted weak first-quarter revenues and cut its earnings and revenue forecasts for the year.
After the market closed, wireless operator AT&T Wireless Services and cell phone chipmaker Qualcomm posted solid quarterly results on higher revenues.
The beginning of a turnaround?
"We think the bear market's over," said Nicholas Gerber, portfolio manager of Ameristock Mutual Fund. "In the bear market, any bad news gets exaggerated and any good news gets discounted. Now we're beginning to see a change of that. Bad news still gets exaggerated, but so does good news."
"The big question is, 'Is this the beginning of the rising tide that lifts all ships?" said independent telecommunications analyst Jeff Kagan.
"Unless you believe that telecoms is irrelevant in the future, which no one believes, you've got to believe that there's going to come an inflection point," he said.
The telecommunications industry has been undergoing a period of transition as people spend less time on traditional phones and more time on email and cell phones. High-speed Internet networks have been cutting into the number of telephone access lines in service.
Local telephone companies have entered the long-distance market with aggressive price promotions and discounted packages of local, long-distance, Internet and wireless services.
Meanwhile, a slowdown in the economy has caused telecommunications companies to cut back on capital spending, hurting equipment companies like Lucent. Competition among cell phone operators has intensified amid slowing customer growth.
New York-based AT&T said earnings from continuing operations rose 18.6 percent to $529m (332m), widely beating analysts' expectations. The company said its full-year results would meet or beat its previous forecasts.
"While the trend line is still negative as far as revenue declines go, it's fair to say that things seem to be stabilising," said Raj Dave, a debt analyst with Commerzbank Securities.
Nextel reports 'incredible quarter'
Atlanta-based BellSouth, the dominant local phone company in nine Southeastern states from Kentucky to Florida, said earnings, excluding one-time items, fell but still beat analysts' estimates.
Including its Cingular Wireless joint venture with SBC Communications, revenue fell 4 percent to $6.9bn. Cingular increased its revenue slightly while adding 189,000 new customers after two straight quarters of losses.
Reston, Virginia-based Nextel posted a quarterly profit that widely beat analyst expectations as customer turnover fell to a four-year low.
"What an incredible first quarter, especially in light of Sprint's poor numbers," said Todd Bernier, wireless analyst with Morningstar. "They continually are grabbing share."
Nextel's results contrasted sharply with the No. 4 US wireless operator Sprint, which posted a wider loss and revenue that fell short of expectations.
Lucent reported a slightly wider second-quarter loss, but earnings before one-time items also topped Wall Street's expectations.
AT&T Wireless on Wednesday posted a first-quarter profit and revenues rose as its customer base increased.
Qualcomm posted a higher net profit and revenue, helped by demand for its advanced cell phone chips that allow users to surf the Web at high speeds.
Shares of AT&T closed up $3.20, or 23.2 percent, at $17.01, where they were the second-most actively-traded issue.
BellSouth closed up $2.50, or 11.5 percent, at $24.21, and Lucent rose 4 cents, or 2.4 percent, to $1.72. Nextel shares rose $1.32, or 10.7 percent, to $13.67 on the Nasdaq.
Overall, the North American Telecommunications Index rose 6.5 percent, compared with an increase of less than 1 percent by the broader Standard & Poor's 500 Index.
(Additional reporting by Ben Klayman in Chicago and Jessica Hall in Philadelphia)
Reuters
Telecoms companies reported their earnings this week, signals indicate that the worst may be over
A ray of light broke through the gloomy telecommunications sector on Wednesday as earnings results from a number of companies demonstrated their ability to manage through a difficult environment.
Long-distance telephone company AT&T and BellSouth both swung to a profit in the first quarter, despite lower revenues, on reduced costs and capital spending.
Nextel Communications, the fifth-largest wireless telephone company, posted a 21 percent jump in revenue, thanks to its unique walkie-talkie-like service, popular with big-spending business customers.
Even troubled equipment maker Lucent Technologies posted a narrower-than-expected loss as its revenue grew sequentially and it posted strong profit margins.
The shares of all three companies rose, as did the North American Telecommunications Index.
The gains repaired the sector's sell-off earlier in the week, after Sprint, the No. 4 US long-distance company, posted weak first-quarter revenues and cut its earnings and revenue forecasts for the year.
After the market closed, wireless operator AT&T Wireless Services and cell phone chipmaker Qualcomm posted solid quarterly results on higher revenues.
The beginning of a turnaround?
"We think the bear market's over," said Nicholas Gerber, portfolio manager of Ameristock Mutual Fund. "In the bear market, any bad news gets exaggerated and any good news gets discounted. Now we're beginning to see a change of that. Bad news still gets exaggerated, but so does good news."
"The big question is, 'Is this the beginning of the rising tide that lifts all ships?" said independent telecommunications analyst Jeff Kagan.
"Unless you believe that telecoms is irrelevant in the future, which no one believes, you've got to believe that there's going to come an inflection point," he said.
The telecommunications industry has been undergoing a period of transition as people spend less time on traditional phones and more time on email and cell phones. High-speed Internet networks have been cutting into the number of telephone access lines in service.
Local telephone companies have entered the long-distance market with aggressive price promotions and discounted packages of local, long-distance, Internet and wireless services.
Meanwhile, a slowdown in the economy has caused telecommunications companies to cut back on capital spending, hurting equipment companies like Lucent. Competition among cell phone operators has intensified amid slowing customer growth.
New York-based AT&T said earnings from continuing operations rose 18.6 percent to $529m (332m), widely beating analysts' expectations. The company said its full-year results would meet or beat its previous forecasts.
"While the trend line is still negative as far as revenue declines go, it's fair to say that things seem to be stabilising," said Raj Dave, a debt analyst with Commerzbank Securities.
Nextel reports 'incredible quarter'
Atlanta-based BellSouth, the dominant local phone company in nine Southeastern states from Kentucky to Florida, said earnings, excluding one-time items, fell but still beat analysts' estimates.
Including its Cingular Wireless joint venture with SBC Communications, revenue fell 4 percent to $6.9bn. Cingular increased its revenue slightly while adding 189,000 new customers after two straight quarters of losses.
Reston, Virginia-based Nextel posted a quarterly profit that widely beat analyst expectations as customer turnover fell to a four-year low.
"What an incredible first quarter, especially in light of Sprint's poor numbers," said Todd Bernier, wireless analyst with Morningstar. "They continually are grabbing share."
Nextel's results contrasted sharply with the No. 4 US wireless operator Sprint, which posted a wider loss and revenue that fell short of expectations.
Lucent reported a slightly wider second-quarter loss, but earnings before one-time items also topped Wall Street's expectations.
AT&T Wireless on Wednesday posted a first-quarter profit and revenues rose as its customer base increased.
Qualcomm posted a higher net profit and revenue, helped by demand for its advanced cell phone chips that allow users to surf the Web at high speeds.
Shares of AT&T closed up $3.20, or 23.2 percent, at $17.01, where they were the second-most actively-traded issue.
BellSouth closed up $2.50, or 11.5 percent, at $24.21, and Lucent rose 4 cents, or 2.4 percent, to $1.72. Nextel shares rose $1.32, or 10.7 percent, to $13.67 on the Nasdaq.
Overall, the North American Telecommunications Index rose 6.5 percent, compared with an increase of less than 1 percent by the broader Standard & Poor's 500 Index.
(Additional reporting by Ben Klayman in Chicago and Jessica Hall in Philadelphia)
stv
- 24 Apr 2003 12:14
- 196 of 498
Is L2 weaker and will O2 go <56? Also do you think the recent 11.5M trades were sells?
ainsoph - 24 Apr 2003 13:33 - 197 of 498
Not sure I saw them ..... total vol is only 45 million - there were a couple of 1 mill buys earlier. L2 looks weak at this time witg sets showing the buy orders around half the sells. Seems to be follwing the market - US futures have worsened and nas now -9.5 and dow off 61 points.
We could test 55p again but happy to hold at this time.
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (58.33%) 14 (35.11%) 1,070,502 55.69 - 56.63 1,978,798 (64.89%) 10 (41.67%)
5% (54.84%) 17 (35.11%) 1,660,716 55.46 - 56.81 3,069,723 (64.89%) 14 (45.16%)
10% (47.54%) 29 (29.86%) 2,747,216 54.94 - 57.33 6,453,861 (70.14%) 32 (52.46%)
15% (48.00%) 36 (32.14%) 3,097,664 54.69 - 57.36 6,541,365 (67.86%) 39 (52.00%)
50% (49.35%) 38 (33.55%) 3,302,564 54.39 - 57.36 6,541,365 (66.45%) 39 (50.65%)
100% (50.00%) 41 (33.51%) 3,322,684 54.28 - 57.42 6,592,057 (66.49%) 41 (50.00%)
all (48.81%) 41 (33.50%) 3,322,684 54.28 - 57.48 6,596,357 (66.50%) 43 (51.19%)
We could test 55p again but happy to hold at this time.
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (58.33%) 14 (35.11%) 1,070,502 55.69 - 56.63 1,978,798 (64.89%) 10 (41.67%)
5% (54.84%) 17 (35.11%) 1,660,716 55.46 - 56.81 3,069,723 (64.89%) 14 (45.16%)
10% (47.54%) 29 (29.86%) 2,747,216 54.94 - 57.33 6,453,861 (70.14%) 32 (52.46%)
15% (48.00%) 36 (32.14%) 3,097,664 54.69 - 57.36 6,541,365 (67.86%) 39 (52.00%)
50% (49.35%) 38 (33.55%) 3,302,564 54.39 - 57.36 6,541,365 (66.45%) 39 (50.65%)
100% (50.00%) 41 (33.51%) 3,322,684 54.28 - 57.42 6,592,057 (66.49%) 41 (50.00%)
all (48.81%) 41 (33.50%) 3,322,684 54.28 - 57.48 6,596,357 (66.50%) 43 (51.19%)
ainsoph - 25 Apr 2003 08:51 - 198 of 498
Early morning dip again ......
stv
- 25 Apr 2003 10:57
- 199 of 498
Is L2 weaker and will O2 go <54.5? Also what do you think it will close at today?
ainsoph - 25 Apr 2003 11:03 - 200 of 498
Telecom sector is a litle weak this morning - along wit the general market
US futures are marginally off - ahead of weekend
OOm is under-performing but would expect a recovery against the market - I think a close around 55p.
L2 is around evens at this time - talk of another BR cut maybe
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (66.67%) 20 (69.46%) 1,782,127 54.27 - 54.91 783,543 (30.54%) 10 (33.33%)
5% (62.16%) 23 (61.13%) 2,320,927 54.09 - 55.19 1,475,957 (38.87%) 14 (37.84%)
10% (60.42%) 29 (56.31%) 2,510,527 54.01 - 55.59 1,947,818 (43.69%) 19 (39.58%)
15% (44.78%) 30 (47.79%) 2,710,527 53.72 - 56.72 2,960,806 (52.21%) 37 (55.22%)
50% (46.38%) 32 (54.09%) 3,488,211 52.66 - 56.72 2,960,806 (45.91%) 37 (53.62%)
100% (47.30%) 35 (53.81%) 3,508,331 52.56 - 56.86 3,011,498 (46.19%) 39 (52.70%)
all (46.05%) 35 (53.77%) 3,508,331 52.56 - 56.99 3,015,798 (46.23%) 41 (53.95%
US futures are marginally off - ahead of weekend
OOm is under-performing but would expect a recovery against the market - I think a close around 55p.
L2 is around evens at this time - talk of another BR cut maybe
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (66.67%) 20 (69.46%) 1,782,127 54.27 - 54.91 783,543 (30.54%) 10 (33.33%)
5% (62.16%) 23 (61.13%) 2,320,927 54.09 - 55.19 1,475,957 (38.87%) 14 (37.84%)
10% (60.42%) 29 (56.31%) 2,510,527 54.01 - 55.59 1,947,818 (43.69%) 19 (39.58%)
15% (44.78%) 30 (47.79%) 2,710,527 53.72 - 56.72 2,960,806 (52.21%) 37 (55.22%)
50% (46.38%) 32 (54.09%) 3,488,211 52.66 - 56.72 2,960,806 (45.91%) 37 (53.62%)
100% (47.30%) 35 (53.81%) 3,508,331 52.56 - 56.86 3,011,498 (46.19%) 39 (52.70%)
all (46.05%) 35 (53.77%) 3,508,331 52.56 - 56.99 3,015,798 (46.23%) 41 (53.95%
ainsoph - 25 Apr 2003 11:05 - 201 of 498
From Cellular News
The adult entertainment industry has to be one of the most odd businesses in the world. It is all about one of the most natural things in the world between being born and dying yet practically no one wants to admit having any knowledge of ever having been near it and to top it all someone is spending 10's of billions of Euros a year on it.
But when looking at what the adult entertainment industry has done for the Internet, it is not surprising that more and more people in the mobile sector are secretly hoping that adult entertainment can help push the mobile industry forward in the same way.
Looking at the Internet, adult entertainment has helped push the Internet forward in many different ways. For example, getting access to adult content has helped the growth in the number of PC's in the home and been one of the reasons to connect those PC's to the Net. The adult entertainment business has helped the development of compression technologies, especially in streaming software and optimising bandwidth capabilities, surfers have upgraded their PC's with graphics and sound capabilities and of course embraced ADSL. Maybe one of the most important factors that the adult entertainment business should take some of the credit for is the fact that it has helped teach surfers how to install and use different software products like Real Video and given them a better understanding and knowledge of the capabilities of the PC and Internet. Although there are no statistics available, many peoples first buying experience on the Internet using their credit card could well have been for some adult content - making the next purchase for software, goods or other items much easier. Adult content has helped many other new technologies on their way including CD-ROMs, VCR's, various types of cameras, and even cable television.
Unfortunately, asides from adult content, it has been very difficult to make money on the Internet and the lack of micro billing from the start has simply meant that most surfers will not pay for most of the online content they find - asides from the "need to have".
It is simply this scenario that the mobile sector is now looking to, as mobile phones today really start having multimedia capability, with larger colour screens, video capability, larger memory on memory cards and processors on some of the smart phones that are faster than most PC's 10 years ago.
One of the biggest differences is that mobile consumers have never had access to any free content on their mobile phone. All content costs at least the price of an SMS or phone call. Another huge difference between the Internet and the mobile sector is that the mobile operators are already billing customers and any new content can simply be billed on the consumers monthly phone bill.
Even if the adult entertainment business decides not to go with the mobile operators billing systems, for example by offering an Internet subscription you pay with your credit card that includes access from your mobile phone, the mobile operator will still earn money on the actual data traffic that user will generate when accessing content over the air.
Of course, an adult entertainment provider could even bypass that, by offering the user to download adult content directly from his PC to his mobile phone, but then the user has to be careful who for example borrows his phone - as it has resident adult content on it that discloses his or her sexual preferences - something many people would prefer to keep private. It is much more likely that mobile consumers will go for content that they access online through their mobile browser - or as streaming - when the need arises - so to speak and absolutely no pun intended!
Those who think that no one in their right mind would enjoy adult content on a mobile screen simply because of the screen size will have to think again. There is already a mobile adult entertainment business that is - all things considered - doing quite nicely on the very limited SMS platform. Also mobile services are being used to promote adult content on the Internet, to buy and pay for passwords to an Internet site and other innovative uses of the up till now very limited mobile terminal capabilities. Also adult content on a larger colour mobile screen will be just as good or better quality than what we saw in the early days of the Internet, where there was already lots of adult content (so I'm told :-).
Already today, some of the major adult entertainment players like Private.com and Playboy have signed their first mobile content agreements and are ready to go with media rich mobile content and there is absolutely no reason why there wont be a big uptake on those types of services on the mobile phone - both for the novelty factor and ehmmm the other factor.
There are still challenges ahead including legislation issues and protecting minors from access. Also mobile operators both feel that mobile adult entertainment content is somewhat of a "no no" for their image and of course something that they don't wont mobile customers to be conned by, like many have been with Internet "dialer-software" and fixed line telephony sex lines.
While no one actually knows exactly how much is being spent on adult content on the Internet, it is much easier to track adult content on the mobile platforms. According to Strand Consults latest reports "How to make money on mobile services" and "How to make money on mobile services" Facts & Figures, adult mobile content will grow from a total market value of US$585 million in Western Europe in 2003, to a very conservative estimate of nearly US$3 billion by the end of 2005. Even though this figure could easily be much higher, US$3 billion is well over 10% of the total value of the mobile services market.
At the end of the day, the benefits from getting the adult industry to help teach consumers just one of the many new uses and possibilities the new generation of mobile phone offer - combined with the revenue opportunities - will just be to good for the mobile operators to overlook. Right now they probably cannot even afford to overlook it.
The adult entertainment industry has to be one of the most odd businesses in the world. It is all about one of the most natural things in the world between being born and dying yet practically no one wants to admit having any knowledge of ever having been near it and to top it all someone is spending 10's of billions of Euros a year on it.
But when looking at what the adult entertainment industry has done for the Internet, it is not surprising that more and more people in the mobile sector are secretly hoping that adult entertainment can help push the mobile industry forward in the same way.
Looking at the Internet, adult entertainment has helped push the Internet forward in many different ways. For example, getting access to adult content has helped the growth in the number of PC's in the home and been one of the reasons to connect those PC's to the Net. The adult entertainment business has helped the development of compression technologies, especially in streaming software and optimising bandwidth capabilities, surfers have upgraded their PC's with graphics and sound capabilities and of course embraced ADSL. Maybe one of the most important factors that the adult entertainment business should take some of the credit for is the fact that it has helped teach surfers how to install and use different software products like Real Video and given them a better understanding and knowledge of the capabilities of the PC and Internet. Although there are no statistics available, many peoples first buying experience on the Internet using their credit card could well have been for some adult content - making the next purchase for software, goods or other items much easier. Adult content has helped many other new technologies on their way including CD-ROMs, VCR's, various types of cameras, and even cable television.
Unfortunately, asides from adult content, it has been very difficult to make money on the Internet and the lack of micro billing from the start has simply meant that most surfers will not pay for most of the online content they find - asides from the "need to have".
It is simply this scenario that the mobile sector is now looking to, as mobile phones today really start having multimedia capability, with larger colour screens, video capability, larger memory on memory cards and processors on some of the smart phones that are faster than most PC's 10 years ago.
One of the biggest differences is that mobile consumers have never had access to any free content on their mobile phone. All content costs at least the price of an SMS or phone call. Another huge difference between the Internet and the mobile sector is that the mobile operators are already billing customers and any new content can simply be billed on the consumers monthly phone bill.
Even if the adult entertainment business decides not to go with the mobile operators billing systems, for example by offering an Internet subscription you pay with your credit card that includes access from your mobile phone, the mobile operator will still earn money on the actual data traffic that user will generate when accessing content over the air.
Of course, an adult entertainment provider could even bypass that, by offering the user to download adult content directly from his PC to his mobile phone, but then the user has to be careful who for example borrows his phone - as it has resident adult content on it that discloses his or her sexual preferences - something many people would prefer to keep private. It is much more likely that mobile consumers will go for content that they access online through their mobile browser - or as streaming - when the need arises - so to speak and absolutely no pun intended!
Those who think that no one in their right mind would enjoy adult content on a mobile screen simply because of the screen size will have to think again. There is already a mobile adult entertainment business that is - all things considered - doing quite nicely on the very limited SMS platform. Also mobile services are being used to promote adult content on the Internet, to buy and pay for passwords to an Internet site and other innovative uses of the up till now very limited mobile terminal capabilities. Also adult content on a larger colour mobile screen will be just as good or better quality than what we saw in the early days of the Internet, where there was already lots of adult content (so I'm told :-).
Already today, some of the major adult entertainment players like Private.com and Playboy have signed their first mobile content agreements and are ready to go with media rich mobile content and there is absolutely no reason why there wont be a big uptake on those types of services on the mobile phone - both for the novelty factor and ehmmm the other factor.
There are still challenges ahead including legislation issues and protecting minors from access. Also mobile operators both feel that mobile adult entertainment content is somewhat of a "no no" for their image and of course something that they don't wont mobile customers to be conned by, like many have been with Internet "dialer-software" and fixed line telephony sex lines.
While no one actually knows exactly how much is being spent on adult content on the Internet, it is much easier to track adult content on the mobile platforms. According to Strand Consults latest reports "How to make money on mobile services" and "How to make money on mobile services" Facts & Figures, adult mobile content will grow from a total market value of US$585 million in Western Europe in 2003, to a very conservative estimate of nearly US$3 billion by the end of 2005. Even though this figure could easily be much higher, US$3 billion is well over 10% of the total value of the mobile services market.
At the end of the day, the benefits from getting the adult industry to help teach consumers just one of the many new uses and possibilities the new generation of mobile phone offer - combined with the revenue opportunities - will just be to good for the mobile operators to overlook. Right now they probably cannot even afford to overlook it.
stv
- 25 Apr 2003 11:12
- 202 of 498
Ains what does the BR cut you referred to mean? Do you have VOD L2 also please?
ainsoph - 25 Apr 2003 11:16 - 203 of 498
bank rate cut being talked about ..... always helps
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 43 (39.55%) 5,355,415 124.34 - 125.46 8,185,911 (60.45%) 43 (50.00%)
5% (54.46%) 55 (49.47%) 8,219,243 123.96 - 125.50 8,395,911 (50.53%) 46 (45.54%)
10% (44.51%) 77 (45.76%) 9,545,899 123.47 - 126.52 11,312,823 (54.24%) 96 (55.49%)
15% (49.80%) 125 (45.06%) 12,741,319 121.67 - 128.22 15,538,109 (54.94%) 126 (50.20%)
50% (50.84%) 151 (43.84%) 12,987,025 121.45 - 129.01 16,633,416 (56.16%) 146 (49.16%)
100% (57.88%) 224 (46.87%) 14,874,796 119.23 - 129.42 16,861,528 (53.13%) 163 (42.12%)
all (57.00%) 224 (46.82%) 14,874,796 119.23 - 129.73 16,896,676 (53.18%) 169 (43.00%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 43 (39.55%) 5,355,415 124.34 - 125.46 8,185,911 (60.45%) 43 (50.00%)
5% (54.46%) 55 (49.47%) 8,219,243 123.96 - 125.50 8,395,911 (50.53%) 46 (45.54%)
10% (44.51%) 77 (45.76%) 9,545,899 123.47 - 126.52 11,312,823 (54.24%) 96 (55.49%)
15% (49.80%) 125 (45.06%) 12,741,319 121.67 - 128.22 15,538,109 (54.94%) 126 (50.20%)
50% (50.84%) 151 (43.84%) 12,987,025 121.45 - 129.01 16,633,416 (56.16%) 146 (49.16%)
100% (57.88%) 224 (46.87%) 14,874,796 119.23 - 129.42 16,861,528 (53.13%) 163 (42.12%)
all (57.00%) 224 (46.82%) 14,874,796 119.23 - 129.73 16,896,676 (53.18%) 169 (43.00%
stv
- 25 Apr 2003 12:10
- 204 of 498
L2? Thanks. Which provider do you use now for L2 & which do you feel is better?
ainsoph - 25 Apr 2003 12:19 - 205 of 498
At the moment I use ADVFN but thats not because I think they are better. To be honest they both have features that are desireable and different. I guess it will depend on how often you use the service and how irritating the constant time out messages get on advfn. I do intend to switch.
ains
ps you should take up the moneyam free offer for the day - try it out
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (70.97%) 22 (76.63%) 2,441,558 54.18 - 54.95 744,584 (23.37%) 9 (29.03%)
5% (69.05%) 29 (70.12%) 3,180,358 54.03 - 55.20 1,355,347 (29.88%) 13 (30.95%)
10% (66.04%) 35 (64.84%) 3,369,958 53.97 - 55.62 1,827,208 (35.16%) 18 (33.96%)
15% (50.00%) 36 (55.69%) 3,569,958 53.75 - 56.79 2,840,196 (44.31%) 36 (50.00%)
50% (51.35%) 38 (60.49%) 4,347,642 52.90 - 56.79 2,840,196 (39.51%) 36 (48.65%)
100% (51.90%) 41 (60.17%) 4,367,762 52.82 - 56.94 2,890,888 (39.83%) 38 (48.10%)
all (50.62%) 41 (60.14%) 4,367,762 52.82 - 57.07 2,895,188 (39.86%) 40 (49.38%)
ains
ps you should take up the moneyam free offer for the day - try it out
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (70.97%) 22 (76.63%) 2,441,558 54.18 - 54.95 744,584 (23.37%) 9 (29.03%)
5% (69.05%) 29 (70.12%) 3,180,358 54.03 - 55.20 1,355,347 (29.88%) 13 (30.95%)
10% (66.04%) 35 (64.84%) 3,369,958 53.97 - 55.62 1,827,208 (35.16%) 18 (33.96%)
15% (50.00%) 36 (55.69%) 3,569,958 53.75 - 56.79 2,840,196 (44.31%) 36 (50.00%)
50% (51.35%) 38 (60.49%) 4,347,642 52.90 - 56.79 2,840,196 (39.51%) 36 (48.65%)
100% (51.90%) 41 (60.17%) 4,367,762 52.82 - 56.94 2,890,888 (39.83%) 38 (48.10%)
all (50.62%) 41 (60.14%) 4,367,762 52.82 - 57.07 2,895,188 (39.86%) 40 (49.38%)
stv
- 25 Apr 2003 15:02
- 206 of 498
Is L2 weaker & will O2 withstand US selloff like VOD is? Wonder what it'll close @
stv
- 25 Apr 2003 15:03
- 207 of 498
Mich CS & US Homesales both beat expectations. Despite weak GDP US could end +ve.
ainsoph - 25 Apr 2003 15:10 - 208 of 498
not sure about the market ending + but OOM is holding it's own. Sector is off about the same as the market at 0.21% down ..... OOM hovering around 55p as I indicated earlier . Volumes are low at 34 million.
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 15 (34.81%) 2,001,249 54.47 - 55.24 3,747,379 (65.19%) 15 (50.00%)
5% (53.85%) 21 (41.24%) 2,981,042 54.31 - 55.33 4,246,604 (58.76%) 18 (46.15%)
10% (53.57%) 30 (48.28%) 4,391,777 54.00 - 55.50 4,704,404 (51.72%) 26 (46.43%)
15% (46.48%) 33 (48.70%) 4,621,777 53.81 - 55.62 4,868,708 (51.30%) 38 (53.52%)
50% (46.48%) 33 (48.70%) 4,621,777 53.81 - 55.62 4,868,708 (51.30%) 38 (53.52%)
100% (47.37%) 36 (48.55%) 4,641,897 53.73 - 55.72 4,919,400 (51.45%) 40 (52.63%)
all (46.15%) 36 (48.53%) 4,641,897 53.73 - 55.80 4,923,700 (51.47%) 42 (53.85%)
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 15 (34.81%) 2,001,249 54.47 - 55.24 3,747,379 (65.19%) 15 (50.00%)
5% (53.85%) 21 (41.24%) 2,981,042 54.31 - 55.33 4,246,604 (58.76%) 18 (46.15%)
10% (53.57%) 30 (48.28%) 4,391,777 54.00 - 55.50 4,704,404 (51.72%) 26 (46.43%)
15% (46.48%) 33 (48.70%) 4,621,777 53.81 - 55.62 4,868,708 (51.30%) 38 (53.52%)
50% (46.48%) 33 (48.70%) 4,621,777 53.81 - 55.62 4,868,708 (51.30%) 38 (53.52%)
100% (47.37%) 36 (48.55%) 4,641,897 53.73 - 55.72 4,919,400 (51.45%) 40 (52.63%)
all (46.15%) 36 (48.53%) 4,641,897 53.73 - 55.80 4,923,700 (51.47%) 42 (53.85%)
ainsoph - 25 Apr 2003 15:15 - 209 of 498
By Marian Liu
KNIGHT RIDDER NEWS SERVICE
Friday, April 25, 2003
Cell phones will carry the commercials of the future.
"It's a marketer's dream," says Nihal Mehta, creator of technology to send mass messages to cell phones.
Mehta uses SMS, or short message service, to send text messages to thousands of cell phone users about the latest music, store discounts or movie updates.
It's not spam, insists Mehta, 25, founder and CEO of Ipsh.net in San Francisco.
"These are all opt-in campaigns," he said. "It's not like we're spamming a lot of random numbers." But Mehta admits it is technically "very possible" to send mass messages to randomly dialed cell phone numbers.
Marketers contract with Mehta's company to distribute their message. Cell phone users, for example, can give their numbers to the Web site of an entertainer, such as Nelly or Madonna, if they want to receive information or updates. In Madonna's case, her label, Warner Bros., launched a campaign in advance of her album released Tuesday.
Users give their number and that of a friend and receive a text message about the album. With the push of a button on the phone, they dial in to receive a sound clip, Mehta said.
"Text messaging is going to be the next thing," said Tanya Boyden-Yarkoni, director of business development and marketing at the independent music company Giant Step.
About 59 percent of people in the United States ages 12 and older own mobile phones -- roughly 140 million people -- according to a study by Upoc Inc. and Frank Magid Associates. Of those, 27 million receive text messaging, up from 18 million in 2002.
Advertisers see the potential. Universal Records used text messaging to increase airplay for Nelly's video "Air Force Ones" on BET's viewer participation show, 106 & Park.
Mehta sent 29,178 messages to cell phone users who provided their numbers to Nelly's Web site. The message included Nelly's voice message and an option to directly call BET to vote for Nelly's video. The message got results -- 67.8 percent dialed in to listen to Nelly's voice message. Then, more than half of those fans called BET to vote for his video. The video shot to No. 3 within days.
"This technology is a great way to bridge the gap between the artist's label and the fans," says Dorothy Hui, marketing manager in new media for Universal/Motown Records. "It also gave the fans a way to easily and directly show support to the artist just by pushing a button on their cell phones."
Before founding Ipsh.net, Mehta worked on PowerPoint at Microsoft's Macintosh unit in Mountain View, Calif. As a second-generation Indian American, he said he struggled with his parents about joining the family business in potpourri, but he told his father, "You got to achieve the American Dream; I want to do that, too."
Mehta is working toward sending commercials via cell phones for movie companies, candy companies and television shows, such as "Six Feet Under," even pharmaceutical companies.
Other companies are climbing on board.
"The media landscape is extremely fragmented," says Damon Bethel, associate media director of Earthquake Media, a New York new-media advertising company.
Bethel says users often tune out older forms of advertising, such as online ads. The benefits of text messages, he says, is that users can pass it along to friends with their names attached, and "who do you trust more than your buddies? It's not a marketer telling you to look at this; it's your friend telling you."
One of the initial campaigns to introduce text messaging is through voting on the "American Idol" television show.
"We saw it as a great opportunity to introduce the idea of text messaging in the U.S. because the show is already anchored in audience participation," says Danielle Perry, a representative with AT&T. "We are on the tip of the iceberg of this for this country."
Verizon also has extended text messaging to use in "Lord of the Rings" trivia contests, voting for MVP's during half-time in basketball games and fan reaction to sitcoms such as "8 Simple Rules for Dating My Teenage Daughter."
"It's the best medium to interact with television," said Brian Levine, CEO of Mobliss, a multimedia company.
KNIGHT RIDDER NEWS SERVICE
Friday, April 25, 2003
Cell phones will carry the commercials of the future.
"It's a marketer's dream," says Nihal Mehta, creator of technology to send mass messages to cell phones.
Mehta uses SMS, or short message service, to send text messages to thousands of cell phone users about the latest music, store discounts or movie updates.
It's not spam, insists Mehta, 25, founder and CEO of Ipsh.net in San Francisco.
"These are all opt-in campaigns," he said. "It's not like we're spamming a lot of random numbers." But Mehta admits it is technically "very possible" to send mass messages to randomly dialed cell phone numbers.
Marketers contract with Mehta's company to distribute their message. Cell phone users, for example, can give their numbers to the Web site of an entertainer, such as Nelly or Madonna, if they want to receive information or updates. In Madonna's case, her label, Warner Bros., launched a campaign in advance of her album released Tuesday.
Users give their number and that of a friend and receive a text message about the album. With the push of a button on the phone, they dial in to receive a sound clip, Mehta said.
"Text messaging is going to be the next thing," said Tanya Boyden-Yarkoni, director of business development and marketing at the independent music company Giant Step.
About 59 percent of people in the United States ages 12 and older own mobile phones -- roughly 140 million people -- according to a study by Upoc Inc. and Frank Magid Associates. Of those, 27 million receive text messaging, up from 18 million in 2002.
Advertisers see the potential. Universal Records used text messaging to increase airplay for Nelly's video "Air Force Ones" on BET's viewer participation show, 106 & Park.
Mehta sent 29,178 messages to cell phone users who provided their numbers to Nelly's Web site. The message included Nelly's voice message and an option to directly call BET to vote for Nelly's video. The message got results -- 67.8 percent dialed in to listen to Nelly's voice message. Then, more than half of those fans called BET to vote for his video. The video shot to No. 3 within days.
"This technology is a great way to bridge the gap between the artist's label and the fans," says Dorothy Hui, marketing manager in new media for Universal/Motown Records. "It also gave the fans a way to easily and directly show support to the artist just by pushing a button on their cell phones."
Before founding Ipsh.net, Mehta worked on PowerPoint at Microsoft's Macintosh unit in Mountain View, Calif. As a second-generation Indian American, he said he struggled with his parents about joining the family business in potpourri, but he told his father, "You got to achieve the American Dream; I want to do that, too."
Mehta is working toward sending commercials via cell phones for movie companies, candy companies and television shows, such as "Six Feet Under," even pharmaceutical companies.
Other companies are climbing on board.
"The media landscape is extremely fragmented," says Damon Bethel, associate media director of Earthquake Media, a New York new-media advertising company.
Bethel says users often tune out older forms of advertising, such as online ads. The benefits of text messages, he says, is that users can pass it along to friends with their names attached, and "who do you trust more than your buddies? It's not a marketer telling you to look at this; it's your friend telling you."
One of the initial campaigns to introduce text messaging is through voting on the "American Idol" television show.
"We saw it as a great opportunity to introduce the idea of text messaging in the U.S. because the show is already anchored in audience participation," says Danielle Perry, a representative with AT&T. "We are on the tip of the iceberg of this for this country."
Verizon also has extended text messaging to use in "Lord of the Rings" trivia contests, voting for MVP's during half-time in basketball games and fan reaction to sitcoms such as "8 Simple Rules for Dating My Teenage Daughter."
"It's the best medium to interact with television," said Brian Levine, CEO of Mobliss, a multimedia company.
stv
- 28 Apr 2003 09:30
- 210 of 498
Hi Ains Whats L2 like? Did you see Times speculation regarding VOD in Sat Times?
ainsoph - 28 Apr 2003 09:39 - 211 of 498
I read the times but missed the VOD story ..... what was that about?
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (62.96%) 17 (66.61%) 3,185,310 55.25 - 56.00 1,596,498 (33.39%) 10 (37.04%)
5% (61.76%) 21 (66.51%) 3,927,484 55.11 - 56.10 1,977,961 (33.49%) 13 (38.24%)
10% (57.69%) 30 (61.19%) 4,397,240 54.96 - 56.40 2,789,406 (38.81%) 22 (42.31%)
15% (57.14%) 40 (61.94%) 5,952,706 53.89 - 57.24 3,657,576 (38.06%) 30 (42.86%)
50% (57.75%) 41 (61.96%) 5,957,606 53.88 - 57.24 3,657,576 (38.04%) 30 (42.25%)
100% (57.89%) 44 (61.72%) 5,977,726 53.82 - 57.35 3,708,268 (38.28%) 32 (42.11%)
all (56.41%) 44 (61.69%) 5,977,726 53.82 - 57.45 3,712,568 (38.31%) 34 (43.59%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (62.96%) 17 (66.61%) 3,185,310 55.25 - 56.00 1,596,498 (33.39%) 10 (37.04%)
5% (61.76%) 21 (66.51%) 3,927,484 55.11 - 56.10 1,977,961 (33.49%) 13 (38.24%)
10% (57.69%) 30 (61.19%) 4,397,240 54.96 - 56.40 2,789,406 (38.81%) 22 (42.31%)
15% (57.14%) 40 (61.94%) 5,952,706 53.89 - 57.24 3,657,576 (38.06%) 30 (42.86%)
50% (57.75%) 41 (61.96%) 5,957,606 53.88 - 57.24 3,657,576 (38.04%) 30 (42.25%)
100% (57.89%) 44 (61.72%) 5,977,726 53.82 - 57.35 3,708,268 (38.28%) 32 (42.11%)
all (56.41%) 44 (61.69%) 5,977,726 53.82 - 57.45 3,712,568 (38.31%) 34 (43.59%)
stv
- 28 Apr 2003 10:17
- 212 of 498
It said VOD may bid for Cauldwell Group. However, it didn't appear in Sun Papers? What's your outlook/prediction for OOM & VOD today given US futures are still +ve? Is L2 still strong? seems to be finding resistance @55.75 Should go higher then↓.
ainsoph - 28 Apr 2003 10:57 - 213 of 498
I think we will go higher today - as you say the US futures are marginally + at this time - Smith Barney has just raised their target price from 70p to 85p and says they are attractive to private and stategic buyers.
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (51.43%) 18 (56.18%) 2,847,903 55.21 - 55.96 2,221,370 (43.82%) 17 (48.57%)
5% (51.11%) 23 (57.50%) 3,690,077 55.06 - 56.07 2,727,833 (42.50%) 22 (48.89%)
10% (50.00%) 32 (47.82%) 4,159,833 54.91 - 56.46 4,539,278 (52.18%) 32 (50.00%)
15% (51.22%) 42 (51.38%) 5,715,299 53.81 - 57.02 5,407,448 (48.62%) 40 (48.78%)
50% (51.81%) 43 (51.41%) 5,720,199 53.80 - 57.02 5,407,448 (48.59%) 40 (48.19%)
100% (52.27%) 46 (51.26%) 5,740,319 53.74 - 57.10 5,458,140 (48.74%) 42 (47.73%)
all (51.11%) 46 (51.24%) 5,740,319 53.74 - 57.17 5,462,440 (48.76%) 44 (48.89%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (51.43%) 18 (56.18%) 2,847,903 55.21 - 55.96 2,221,370 (43.82%) 17 (48.57%)
5% (51.11%) 23 (57.50%) 3,690,077 55.06 - 56.07 2,727,833 (42.50%) 22 (48.89%)
10% (50.00%) 32 (47.82%) 4,159,833 54.91 - 56.46 4,539,278 (52.18%) 32 (50.00%)
15% (51.22%) 42 (51.38%) 5,715,299 53.81 - 57.02 5,407,448 (48.62%) 40 (48.78%)
50% (51.81%) 43 (51.41%) 5,720,199 53.80 - 57.02 5,407,448 (48.59%) 40 (48.19%)
100% (52.27%) 46 (51.26%) 5,740,319 53.74 - 57.10 5,458,140 (48.74%) 42 (47.73%)
all (51.11%) 46 (51.24%) 5,740,319 53.74 - 57.17 5,462,440 (48.76%) 44 (48.89%)
stv
- 28 Apr 2003 11:00
- 214 of 498
Can you type the SSSB report. Commerzbank ↑ fair value estimate to 62p from 52p and raised to accumulate from hold. US Futures have turned marginally -ve now.
ainsoph - 28 Apr 2003 11:08 - 215 of 498
I will see if I can post it later - its on Market Eye but that's a subscription service
vols are quite low at the moment but note the share price dipped again in the early morning
vols are quite low at the moment but note the share price dipped again in the early morning
stv
- 28 Apr 2003 11:12
- 216 of 498
Just appeared on FT. I think you got the price target wrong, should be 70p vs 65p.
ainsoph - 28 Apr 2003 11:16 - 217 of 498
OOOooooooops your right ...... the font and color used made it read like 85p - blue on black rarely works well :-))
ains
ains
ainsoph - 28 Apr 2003 11:21 - 218 of 498
Commerzbank says scope for cutting working capital and this will reduce debt + sees 43% upside based on forecasts being met
ains
ains
stv
- 28 Apr 2003 13:42
- 219 of 498
L2 still strong? still finding resistance @55.75. S&P ↑ again but still < 905.
ainsoph - 28 Apr 2003 13:47 - 220 of 498
They are doing better than the sector and the market @ plus 2.28%
volumes still lowish
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.00%) 13 (65.26%) 2,858,649 55.57 - 56.08 1,521,759 (34.74%) 12 (48.00%)
5% (48.57%) 17 (56.07%) 3,725,649 55.43 - 56.51 2,919,559 (43.93%) 18 (51.43%)
10% (50.00%) 26 (58.97%) 4,377,799 55.22 - 56.57 3,046,059 (41.03%) 26 (50.00%)
15% (50.75%) 34 (55.94%) 4,947,799 54.90 - 57.32 3,896,829 (44.06%) 33 (49.25%)
50% (53.52%) 38 (60.46%) 5,957,965 54.06 - 57.32 3,896,829 (39.54%) 33 (46.48%)
100% (53.95%) 41 (60.23%) 5,978,085 54.00 - 57.42 3,947,521 (39.77%) 35 (46.05%)
all (52.56%) 41 (60.20%) 5,978,085 54.00 - 57.51 3,951,821 (39.80%) 37 (47.44%
volumes still lowish
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.00%) 13 (65.26%) 2,858,649 55.57 - 56.08 1,521,759 (34.74%) 12 (48.00%)
5% (48.57%) 17 (56.07%) 3,725,649 55.43 - 56.51 2,919,559 (43.93%) 18 (51.43%)
10% (50.00%) 26 (58.97%) 4,377,799 55.22 - 56.57 3,046,059 (41.03%) 26 (50.00%)
15% (50.75%) 34 (55.94%) 4,947,799 54.90 - 57.32 3,896,829 (44.06%) 33 (49.25%)
50% (53.52%) 38 (60.46%) 5,957,965 54.06 - 57.32 3,896,829 (39.54%) 33 (46.48%)
100% (53.95%) 41 (60.23%) 5,978,085 54.00 - 57.42 3,947,521 (39.77%) 35 (46.05%)
all (52.56%) 41 (60.20%) 5,978,085 54.00 - 57.51 3,951,821 (39.80%) 37 (47.44%
stv
- 28 Apr 2003 14:01
- 221 of 498
Bid has just 56. Is their sufficient support for this to rise further to say 57.
ainsoph - 28 Apr 2003 14:06 - 222 of 498
I think there could be when US clicks in later - nas is improving to plus 5.5
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.89%) 11 (81.60%) 2,981,126 55.68 - 56.36 672,349 (18.40%) 8 (42.11%)
5% (60.00%) 18 (68.87%) 4,335,607 55.50 - 56.78 1,959,749 (31.13%) 12 (40.00%)
10% (56.52%) 26 (69.75%) 4,808,057 55.34 - 56.87 2,084,849 (30.25%) 20 (43.48%)
15% (57.38%) 35 (64.91%) 5,397,757 55.03 - 57.76 2,918,419 (35.09%) 26 (42.62%)
50% (60.00%) 39 (68.71%) 6,407,923 54.23 - 57.76 2,918,419 (31.29%) 26 (40.00%)
100% (60.00%) 42 (68.40%) 6,428,043 54.18 - 57.89 2,969,111 (31.60%) 28 (40.00%)
all (58.33%) 42 (68.37%) 6,428,043 54.18 - 58.02 2,973,411 (31.63%) 30 (41.67%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.89%) 11 (81.60%) 2,981,126 55.68 - 56.36 672,349 (18.40%) 8 (42.11%)
5% (60.00%) 18 (68.87%) 4,335,607 55.50 - 56.78 1,959,749 (31.13%) 12 (40.00%)
10% (56.52%) 26 (69.75%) 4,808,057 55.34 - 56.87 2,084,849 (30.25%) 20 (43.48%)
15% (57.38%) 35 (64.91%) 5,397,757 55.03 - 57.76 2,918,419 (35.09%) 26 (42.62%)
50% (60.00%) 39 (68.71%) 6,407,923 54.23 - 57.76 2,918,419 (31.29%) 26 (40.00%)
100% (60.00%) 42 (68.40%) 6,428,043 54.18 - 57.89 2,969,111 (31.60%) 28 (40.00%)
all (58.33%) 42 (68.37%) 6,428,043 54.18 - 58.02 2,973,411 (31.63%) 30 (41.67%
ainsoph - 28 Apr 2003 15:53 - 223 of 498
theres the 57p we talked about :-))
ainsoph - 28 Apr 2003 22:15 - 224 of 498
By Business Weekly, 28 April 2003,
Advances in nanotechnology mean that the lost or stolen mobile phone could become a thing of the past, according to technology research hothouse BTexact.
Ian Pearson, Suffolk based BTexacts futurologist
Advances in nanotechnology mean that the lost or stolen mobile phone could become a thing of the past, according to technology research hothouse BTexact.
Ian Pearson, Suffolk based BTexacts futurologist believes that the concept of active skin whereby incredibly small electronic circuits are inkjet printed onto the surface of the skin could become a reality by 2010.
This, he says, will open the way for the integration of electronic devices such as the mobile phones or televisions literally into the human body.
According to Pearson, circuits could be factory assembled in thin polymer membranes that adhere to the skin like childrens temporary tattoos and large-scale circuitry could be embedded in stick-on patches similar to plasters.
The combination of layers allows entire gadgets to be built, and permits links between the body and electronic domains such as the internet.
Semiconductor circuits can already be printed using inkjet printers, so it could also be feasible in the future to have circuits painlessly printed onto hands or arms, in somewhere like a local corner shop.
The idea is to use a five-layered architecture, with a few components deep in the skin that would stay there permanently, in contact with blood capillaries and nerve endings. They could communicate by infrared with others higher in the skin that would wash or wear away after a few days.
Cellphones, MP3 players, electronic diaries and other consumer electronics could be printed into wrists, arms or legs. A full keyboard could be embedded in a forearm but remain almost invisible until touched and then it would light up.
The circuitry itself would be made of dispersed groups of invisibly small devices, so that there would be more than a very slight colour change in that area of skin before the device is switched on.
Pearson says: By the end of this decade, it will be possible to build simple identifier, memory and processing chips, sensors, and short range communication devices, all smaller than human skin cells, which are about 10 microns across.
We could painlessly print or blast these chips in significant numbers into the upper layers of the skin and, by using self-organisation technology, arrange them into useful circuits and consumer electronic gadgets.
The displays for these devices could be based on small organic LEDs. It could have a simple single indicator light, an active tattoo or an entire computer display. Having a TV printed onto the back of the hand might be quite appealing for TV addicts.
Pearson says active skin technology could also be used by the medical profession to monitor our blood chemistry remotely and enable hospitals to check up on patients via computers or mobiles.
These computers could also remotely control drug dispensers. It might even be possible to print special membranes with pores that can be electronically opened and closed and thereby dispense accurate dosages.
Advances in nanotechnology mean that the lost or stolen mobile phone could become a thing of the past, according to technology research hothouse BTexact.
Ian Pearson, Suffolk based BTexacts futurologist
Advances in nanotechnology mean that the lost or stolen mobile phone could become a thing of the past, according to technology research hothouse BTexact.
Ian Pearson, Suffolk based BTexacts futurologist believes that the concept of active skin whereby incredibly small electronic circuits are inkjet printed onto the surface of the skin could become a reality by 2010.
This, he says, will open the way for the integration of electronic devices such as the mobile phones or televisions literally into the human body.
According to Pearson, circuits could be factory assembled in thin polymer membranes that adhere to the skin like childrens temporary tattoos and large-scale circuitry could be embedded in stick-on patches similar to plasters.
The combination of layers allows entire gadgets to be built, and permits links between the body and electronic domains such as the internet.
Semiconductor circuits can already be printed using inkjet printers, so it could also be feasible in the future to have circuits painlessly printed onto hands or arms, in somewhere like a local corner shop.
The idea is to use a five-layered architecture, with a few components deep in the skin that would stay there permanently, in contact with blood capillaries and nerve endings. They could communicate by infrared with others higher in the skin that would wash or wear away after a few days.
Cellphones, MP3 players, electronic diaries and other consumer electronics could be printed into wrists, arms or legs. A full keyboard could be embedded in a forearm but remain almost invisible until touched and then it would light up.
The circuitry itself would be made of dispersed groups of invisibly small devices, so that there would be more than a very slight colour change in that area of skin before the device is switched on.
Pearson says: By the end of this decade, it will be possible to build simple identifier, memory and processing chips, sensors, and short range communication devices, all smaller than human skin cells, which are about 10 microns across.
We could painlessly print or blast these chips in significant numbers into the upper layers of the skin and, by using self-organisation technology, arrange them into useful circuits and consumer electronic gadgets.
The displays for these devices could be based on small organic LEDs. It could have a simple single indicator light, an active tattoo or an entire computer display. Having a TV printed onto the back of the hand might be quite appealing for TV addicts.
Pearson says active skin technology could also be used by the medical profession to monitor our blood chemistry remotely and enable hospitals to check up on patients via computers or mobiles.
These computers could also remotely control drug dispensers. It might even be possible to print special membranes with pores that can be electronically opened and closed and thereby dispense accurate dosages.
ainsoph - 28 Apr 2003 22:39 - 225 of 498
Citigoup Smith Barney raises its price target on the mobile operator, with an upgrade from Commerzbank also boosting sentiment, dealers said. Notwithstanding its outperformance over the past 12 months, Smith Barney raised its target price to 70 pence from 65 pence due to mmO2's lowly valuation. According to the influential broker, mmO2 trades at a discount of between 15-40% to its break-up value, which may entice an independent strategic buyer into making a bid for the group. A private equity takeover is also a distinct possibility, said Smith Barney. mmO2's improving margins, low debt levels and easily separable asset may prove "compelling" to a venture capital buyer, argued the broker, which has an 'outperform' rating on the stock.
Commerzbank also turned more positive on mmO2, upping its rating to 'accumulate' from 'hold' and raising its price target to 62 pence from 52. The German broker feels mmO2 will outperform the sector over next one to three months due to likely improvements in its working capital and encouraging first- and second-quarter key performance indicators. In common with Smith Barney, Commerzbank believes that the competitive threat from Hutchison Whampoa Ltd's new entrant, 3, has been exaggerated.
Commerzbank also turned more positive on mmO2, upping its rating to 'accumulate' from 'hold' and raising its price target to 62 pence from 52. The German broker feels mmO2 will outperform the sector over next one to three months due to likely improvements in its working capital and encouraging first- and second-quarter key performance indicators. In common with Smith Barney, Commerzbank believes that the competitive threat from Hutchison Whampoa Ltd's new entrant, 3, has been exaggerated.
ainsoph - 29 Apr 2003 07:42 - 226 of 498
snippet from Times
MmO2 put on 2p to 56p as Smith Barney raised its price target on the mobile operator from 65p to 70p ahead of full-year results on May 21. After this months sale of its Dutch operation, the US broker believes the case for the sale of its German business, which it thinks attractive to trade and private equity buyers alike, is overwhelming.
MmO2 put on 2p to 56p as Smith Barney raised its price target on the mobile operator from 65p to 70p ahead of full-year results on May 21. After this months sale of its Dutch operation, the US broker believes the case for the sale of its German business, which it thinks attractive to trade and private equity buyers alike, is overwhelming.
stv
- 29 Apr 2003 11:26
- 227 of 498
Nice articles. What's today's prediction for OOM & VOD. L2 for both please. Thanks.
ainsoph - 29 Apr 2003 11:34 - 228 of 498
I think a 58p close subject to no fallout from US later - currently nas up 3 points
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (55.88%) 19 (61.79%) 2,939,287 57.04 - 57.94 1,817,633 (38.21%) 15 (44.12%)
5% (54.55%) 24 (63.28%) 3,924,474 56.88 - 58.06 2,277,700 (36.72%) 20 (45.45%)
10% (47.54%) 29 (56.18%) 4,710,835 56.64 - 58.44 3,673,949 (43.82%) 32 (52.46%)
15% (54.93%) 39 (57.22%) 4,914,535 56.49 - 58.44 3,673,949 (42.78%) 32 (45.07%)
50% (54.05%) 40 (57.86%) 5,114,535 56.24 - 58.53 3,724,641 (42.14%) 34 (45.95%)
100% (55.84%) 43 (57.96%) 5,134,655 56.16 - 58.53 3,724,641 (42.04%) 34 (44.16%)
all (54.43%) 43 (57.93%) 5,134,655 56.16 - 58.63 3,728,941 (42.07%) 36 (45.57%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.24%) 32 (56.28%) 8,108,281 125.39 - 126.71 6,297,594 (43.72%) 42 (56.76%)
5% (31.54%) 41 (34.50%) 8,606,794 125.27 - 127.51 16,338,253 (65.50%) 89 (68.46%)
10% (27.83%) 59 (28.74%) 10,067,994 124.58 - 128.50 24,965,876 (71.26%) 153 (72.17%)
15% (35.69%) 96 (32.85%) 12,853,766 122.81 - 128.80 26,279,380 (67.15%) 173 (64.31%)
50% (39.56%) 125 (32.66%) 13,249,637 122.47 - 129.24 27,317,568 (67.34%) 191 (60.44%)
100% (48.78%) 200 (35.41%) 15,124,658 120.20 - 129.51 27,589,652 (64.59%) 210 (51.22%)
all (48.08%) 200 (35.38%) 15,124,658 120.20 - 129.70 27,624,800 (64.62%) 216 (51.92%)
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (55.88%) 19 (61.79%) 2,939,287 57.04 - 57.94 1,817,633 (38.21%) 15 (44.12%)
5% (54.55%) 24 (63.28%) 3,924,474 56.88 - 58.06 2,277,700 (36.72%) 20 (45.45%)
10% (47.54%) 29 (56.18%) 4,710,835 56.64 - 58.44 3,673,949 (43.82%) 32 (52.46%)
15% (54.93%) 39 (57.22%) 4,914,535 56.49 - 58.44 3,673,949 (42.78%) 32 (45.07%)
50% (54.05%) 40 (57.86%) 5,114,535 56.24 - 58.53 3,724,641 (42.14%) 34 (45.95%)
100% (55.84%) 43 (57.96%) 5,134,655 56.16 - 58.53 3,724,641 (42.04%) 34 (44.16%)
all (54.43%) 43 (57.93%) 5,134,655 56.16 - 58.63 3,728,941 (42.07%) 36 (45.57%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.24%) 32 (56.28%) 8,108,281 125.39 - 126.71 6,297,594 (43.72%) 42 (56.76%)
5% (31.54%) 41 (34.50%) 8,606,794 125.27 - 127.51 16,338,253 (65.50%) 89 (68.46%)
10% (27.83%) 59 (28.74%) 10,067,994 124.58 - 128.50 24,965,876 (71.26%) 153 (72.17%)
15% (35.69%) 96 (32.85%) 12,853,766 122.81 - 128.80 26,279,380 (67.15%) 173 (64.31%)
50% (39.56%) 125 (32.66%) 13,249,637 122.47 - 129.24 27,317,568 (67.34%) 191 (60.44%)
100% (48.78%) 200 (35.41%) 15,124,658 120.20 - 129.51 27,589,652 (64.59%) 210 (51.22%)
all (48.08%) 200 (35.38%) 15,124,658 120.20 - 129.70 27,624,800 (64.62%) 216 (51.92%)
stv
- 29 Apr 2003 12:07
- 229 of 498
O2's very strong @58. Wish I had it. What's your opinion on VOD close. Have the L2 VOD sales been executed now hence the upturn or is further downturn likely. L2 now?
ainsoph - 29 Apr 2003 12:11 - 230 of 498
I don't trade VOD ...... I prefer OOM as a fall backk is the idea of M+A activity. They are too big imho and size isn't everything. OOM can be more nimble in changing strategy - for the ST and long time imho
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.24%) 32 (56.28%) 8,108,281 125.39 - 126.71 6,297,594 (43.72%) 42 (56.76%)
5% (31.54%) 41 (34.50%) 8,606,794 125.27 - 127.51 16,338,253 (65.50%) 89 (68.46%)
10% (27.83%) 59 (28.74%) 10,067,994 124.58 - 128.50 24,965,876 (71.26%) 153 (72.17%)
15% (35.69%) 96 (32.85%) 12,853,766 122.81 - 128.80 26,279,380 (67.15%) 173 (64.31%)
50% (39.56%) 125 (32.66%) 13,249,637 122.47 - 129.24 27,317,568 (67.34%) 191 (60.44%)
100% (48.78%) 200 (35.41%) 15,124,658 120.20 - 129.51 27,589,652 (64.59%) 210 (51.22%)
all (48.08%) 200 (35.38%) 15,124,658 120.20 - 129.70 27,624,800 (64.62%) 216 (51.92%
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.24%) 32 (56.28%) 8,108,281 125.39 - 126.71 6,297,594 (43.72%) 42 (56.76%)
5% (31.54%) 41 (34.50%) 8,606,794 125.27 - 127.51 16,338,253 (65.50%) 89 (68.46%)
10% (27.83%) 59 (28.74%) 10,067,994 124.58 - 128.50 24,965,876 (71.26%) 153 (72.17%)
15% (35.69%) 96 (32.85%) 12,853,766 122.81 - 128.80 26,279,380 (67.15%) 173 (64.31%)
50% (39.56%) 125 (32.66%) 13,249,637 122.47 - 129.24 27,317,568 (67.34%) 191 (60.44%)
100% (48.78%) 200 (35.41%) 15,124,658 120.20 - 129.51 27,589,652 (64.59%) 210 (51.22%)
all (48.08%) 200 (35.38%) 15,124,658 120.20 - 129.70 27,624,800 (64.62%) 216 (51.92%
stv
- 29 Apr 2003 12:22
- 231 of 498
L2 info just provided is unchanged from the previous one? Because levels not hit?
ainsoph - 29 Apr 2003 12:23 - 232 of 498
ooops .... it may not have refreshed
here is latest
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.13%) 49 (57.47%) 9,471,165 125.55 - 127.16 7,010,041 (42.53%) 45 (47.87%)
5% (35.58%) 58 (36.48%) 9,955,165 125.50 - 127.88 17,332,924 (63.52%) 105 (64.42%)
10% (35.27%) 79 (33.06%) 11,460,878 125.00 - 128.70 23,205,768 (66.94%) 145 (64.73%)
15% (40.83%) 118 (37.57%) 14,677,650 123.21 - 129.01 24,385,052 (62.43%) 171 (59.17%)
50% (43.64%) 144 (37.18%) 15,067,746 122.91 - 129.49 25,456,644 (62.82%) 186 (56.36%)
100% (52.48%) 222 (39.77%) 16,948,542 120.83 - 129.75 25,672,744 (60.23%) 201 (47.52%)
all (51.75%) 222 (39.73%) 16,948,542 120.83 - 129.95 25,707,892 (60.27%) 207 (48.25%)
here is latest
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.13%) 49 (57.47%) 9,471,165 125.55 - 127.16 7,010,041 (42.53%) 45 (47.87%)
5% (35.58%) 58 (36.48%) 9,955,165 125.50 - 127.88 17,332,924 (63.52%) 105 (64.42%)
10% (35.27%) 79 (33.06%) 11,460,878 125.00 - 128.70 23,205,768 (66.94%) 145 (64.73%)
15% (40.83%) 118 (37.57%) 14,677,650 123.21 - 129.01 24,385,052 (62.43%) 171 (59.17%)
50% (43.64%) 144 (37.18%) 15,067,746 122.91 - 129.49 25,456,644 (62.82%) 186 (56.36%)
100% (52.48%) 222 (39.77%) 16,948,542 120.83 - 129.75 25,672,744 (60.23%) 201 (47.52%)
all (51.75%) 222 (39.73%) 16,948,542 120.83 - 129.95 25,707,892 (60.27%) 207 (48.25%)
stv
- 29 Apr 2003 14:27
- 233 of 498
Is L2 stronger now for both stocks ahead of US open which is at its strongest.
ainsoph - 29 Apr 2003 14:59 - 234 of 498
Sorry was out ....
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (49.48%) 48 (51.94%) 12,207,013 125.62 - 127.05 11,294,321 (48.06%) 49 (50.52%)
5% (34.36%) 56 (36.99%) 12,631,345 125.57 - 127.68 21,517,204 (63.01%) 107 (65.64%)
10% (34.82%) 78 (34.10%) 14,169,058 125.15 - 128.42 27,380,048 (65.90%) 146 (65.18%)
15% (40.48%) 117 (37.84%) 17,385,830 123.61 - 128.69 28,559,332 (62.16%) 172 (59.52%)
50% (43.33%) 143 (37.50%) 17,775,926 123.34 - 129.12 29,630,924 (62.50%) 187 (56.67%)
100% (52.25%) 221 (39.71%) 19,656,722 121.51 - 129.34 29,847,024 (60.29%) 202 (47.75%)
all (51.40%) 221 (39.68%) 19,656,722 121.51 - 129.52 29,882,172 (60.32%) 209 (48.60%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (49.48%) 48 (51.94%) 12,207,013 125.62 - 127.05 11,294,321 (48.06%) 49 (50.52%)
5% (34.36%) 56 (36.99%) 12,631,345 125.57 - 127.68 21,517,204 (63.01%) 107 (65.64%)
10% (34.82%) 78 (34.10%) 14,169,058 125.15 - 128.42 27,380,048 (65.90%) 146 (65.18%)
15% (40.48%) 117 (37.84%) 17,385,830 123.61 - 128.69 28,559,332 (62.16%) 172 (59.52%)
50% (43.33%) 143 (37.50%) 17,775,926 123.34 - 129.12 29,630,924 (62.50%) 187 (56.67%)
100% (52.25%) 221 (39.71%) 19,656,722 121.51 - 129.34 29,847,024 (60.29%) 202 (47.75%)
all (51.40%) 221 (39.68%) 19,656,722 121.51 - 129.52 29,882,172 (60.32%) 209 (48.60%)
ainsoph - 29 Apr 2003 15:00 - 235 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (45.16%) 14 (36.96%) 1,249,579 57.35 - 58.13 2,131,208 (63.04%) 17 (54.84%)
5% (45.95%) 17 (39.69%) 2,083,817 57.10 - 58.41 3,166,608 (60.31%) 20 (54.05%)
10% (45.10%) 23 (47.67%) 2,977,636 56.65 - 58.45 3,268,312 (52.33%) 28 (54.90%)
15% (54.84%) 34 (49.47%) 3,200,336 56.41 - 58.45 3,268,312 (50.53%) 28 (45.16%)
50% (53.85%) 35 (50.61%) 3,400,336 56.03 - 58.55 3,319,004 (49.39%) 30 (46.15%)
100% (55.88%) 38 (50.75%) 3,420,456 55.91 - 58.55 3,319,004 (49.25%) 30 (44.12%)
all (54.29%) 38 (50.72%) 3,420,456 55.91 - 58.67 3,323,304 (49.28%) 32 (45.71%)
stv
- 29 Apr 2003 15:52
- 236 of 498
Wow did you see that downturn. Has their been any change to L2 strengh. Vod should close <125.5 signalling further downside tommorrow unlike +ve OOM. US has just turned marginally -ve which believe me was v.difficult with better than expected consumer confidence figs which caused US to spike up 80 pts ~8560 and S&P 924.25.
ainsoph - 29 Apr 2003 15:56 - 237 of 498
Like I said earlier - it would depend on the US situation
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.33%) 13 (46.34%) 1,780,387 57.22 - 57.97 2,061,964 (53.66%) 17 (56.67%)
5% (44.74%) 17 (54.67%) 2,923,785 57.00 - 58.05 2,424,349 (45.33%) 21 (55.26%)
10% (43.10%) 25 (49.74%) 3,856,084 56.66 - 58.43 3,896,053 (50.26%) 33 (56.90%)
15% (52.17%) 36 (51.15%) 4,078,784 56.47 - 58.43 3,896,053 (48.85%) 33 (47.83%)
50% (51.39%) 37 (52.02%) 4,278,784 56.17 - 58.51 3,946,745 (47.98%) 35 (48.61%)
100% (53.33%) 40 (52.14%) 4,298,904 56.07 - 58.51 3,946,745 (47.86%) 35 (46.67%)
all (51.95%) 40 (52.11%) 4,298,904 56.07 - 58.61 3,951,045 (47.89%) 37 (48.05%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.33%) 13 (46.34%) 1,780,387 57.22 - 57.97 2,061,964 (53.66%) 17 (56.67%)
5% (44.74%) 17 (54.67%) 2,923,785 57.00 - 58.05 2,424,349 (45.33%) 21 (55.26%)
10% (43.10%) 25 (49.74%) 3,856,084 56.66 - 58.43 3,896,053 (50.26%) 33 (56.90%)
15% (52.17%) 36 (51.15%) 4,078,784 56.47 - 58.43 3,896,053 (48.85%) 33 (47.83%)
50% (51.39%) 37 (52.02%) 4,278,784 56.17 - 58.51 3,946,745 (47.98%) 35 (48.61%)
100% (53.33%) 40 (52.14%) 4,298,904 56.07 - 58.51 3,946,745 (47.86%) 35 (46.67%)
all (51.95%) 40 (52.11%) 4,298,904 56.07 - 58.61 3,951,045 (47.89%) 37 (48.05%
ainsoph - 29 Apr 2003 15:57 - 238 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (33.33%) 26 (37.29%) 5,132,598 124.36 - 125.93 8,629,977 (62.71%) 52 (66.67%)
5% (29.69%) 38 (24.62%) 5,961,111 124.19 - 126.62 18,255,366 (75.38%) 90 (70.31%)
10% (22.98%) 54 (19.03%) 7,337,138 123.46 - 127.50 31,227,086 (80.97%) 181 (77.02%)
15% (30.98%) 92 (22.46%) 10,277,248 121.40 - 128.13 35,487,796 (77.54%) 205 (69.02%)
50% (34.31%) 117 (22.34%) 10,507,954 121.15 - 128.48 36,535,984 (77.66%) 224 (65.69%)
100% (44.14%) 192 (25.17%) 12,382,975 118.57 - 128.69 36,808,072 (74.83%) 243 (55.86%)
all (43.57%) 193 (25.16%) 12,382,976 118.57 - 128.84 36,843,216 (74.84%) 250 (56.43%
stv
- 30 Apr 2003 11:37
- 239 of 498
L2 strong? Finding support @57. S&P/DOW futures marginally lower. Prediction?
ainsoph - 30 Apr 2003 11:43 - 240 of 498
Interesting one today ..... recovered after the early morning dip - seem to be following the overall market trend - sector down around half a percent - market a tad less - US nas down 3.5 points
With little news at this time I guess a small negative - maybe 57/57.5p although vols are high which is always interesting
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 17 (46.15%) 1,947,689 57.03 - 57.92 2,272,358 (53.85%) 17 (50.00%)
5% (46.51%) 20 (45.02%) 2,423,731 56.93 - 58.04 2,960,285 (54.98%) 23 (53.49%)
10% (42.42%) 28 (44.10%) 3,122,964 56.60 - 58.31 3,959,034 (55.90%) 38 (57.58%)
15% (46.84%) 37 (40.80%) 3,310,388 56.41 - 58.78 4,803,321 (59.20%) 42 (53.16%)
50% (47.62%) 40 (47.10%) 4,322,575 55.19 - 58.85 4,854,013 (52.90%) 44 (52.38%)
100% (50.00%) 44 (47.25%) 4,347,595 55.09 - 58.85 4,854,013 (52.75%) 44 (50.00%)
all (48.89%) 44 (47.23%) 4,347,595 55.09 - 58.93 4,858,313 (52.77%) 46 (51.11%
With little news at this time I guess a small negative - maybe 57/57.5p although vols are high which is always interesting
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 17 (46.15%) 1,947,689 57.03 - 57.92 2,272,358 (53.85%) 17 (50.00%)
5% (46.51%) 20 (45.02%) 2,423,731 56.93 - 58.04 2,960,285 (54.98%) 23 (53.49%)
10% (42.42%) 28 (44.10%) 3,122,964 56.60 - 58.31 3,959,034 (55.90%) 38 (57.58%)
15% (46.84%) 37 (40.80%) 3,310,388 56.41 - 58.78 4,803,321 (59.20%) 42 (53.16%)
50% (47.62%) 40 (47.10%) 4,322,575 55.19 - 58.85 4,854,013 (52.90%) 44 (52.38%)
100% (50.00%) 44 (47.25%) 4,347,595 55.09 - 58.85 4,854,013 (52.75%) 44 (50.00%)
all (48.89%) 44 (47.23%) 4,347,595 55.09 - 58.93 4,858,313 (52.77%) 46 (51.11%
ainsoph - 30 Apr 2003 11:52 - 241 of 498
this is good news
30 Apr 2003 11:25 BST
EU clears T-Mobile and mmO2 network sharing
BRUSSELS (Reuters) - Telecoms operators T-Mobile and mmO2 have won European Commission approval to share networks for third generation mobile phones in Britain.
Heavily-indebted telecoms operators are increasingly resorting to sharing their infrastructures to slash costs and speed up the rolling-out of long-awaited 3G services.
"This decision strikes the right balance between infrastructure competition in the 3G market and the immediate consumer benefit of faster and wider roll-out of advanced 3G services," European Competition Commissioner Mario Monti said in a statement.
The companies had asked the Commission in February for approval of a cooperation accord to share their sites in Britain and Germany.
The Commission granted approval for the British part of the accord and said a decision on the network sharing in Germany would be announced in the near future.
30 Apr 2003 11:25 BST
EU clears T-Mobile and mmO2 network sharing
BRUSSELS (Reuters) - Telecoms operators T-Mobile and mmO2 have won European Commission approval to share networks for third generation mobile phones in Britain.
Heavily-indebted telecoms operators are increasingly resorting to sharing their infrastructures to slash costs and speed up the rolling-out of long-awaited 3G services.
"This decision strikes the right balance between infrastructure competition in the 3G market and the immediate consumer benefit of faster and wider roll-out of advanced 3G services," European Competition Commissioner Mario Monti said in a statement.
The companies had asked the Commission in February for approval of a cooperation accord to share their sites in Britain and Germany.
The Commission granted approval for the British part of the accord and said a decision on the network sharing in Germany would be announced in the near future.
stv
- 30 Apr 2003 11:56
- 242 of 498
Hi Ains. Do you use GNI for your trading? I noticed the comments you made on the short selling topic & the associated criticisms. I gather you don't short stocks.
ainsoph - 30 Apr 2003 12:08 - 243 of 498
Hi stv ..... I tend not to short stocks as I am not convinced about the need. YOu can still trade shares that are falling on a longer term basis. I use a number of brokers for trading incuding several web based peeps like selftrade/comdirect/brokerline and idealing. I prefer to deal off sets and use the sets prices for gaining an improvement. Its rare I pay the touch price regardless of the tight spreads. You pay a one off 10 a trade and I use a cheap rolling ovrerdraft facility rather than trade on margin. stamp duty is only on one side of the bargain
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (51.85%) 14 (61.05%) 1,505,507 56.71 - 57.50 960,469 (38.95%) 13 (48.15%)
5% (39.47%) 15 (40.52%) 1,854,616 56.58 - 57.83 2,722,892 (59.48%) 23 (60.53%)
10% (37.50%) 24 (37.20%) 2,297,816 56.27 - 58.14 3,878,526 (62.80%) 40 (62.50%)
15% (42.31%) 33 (40.69%) 3,252,227 54.93 - 58.65 4,740,113 (59.31%) 45 (57.69%)
50% (41.98%) 34 (41.88%) 3,452,227 54.65 - 58.72 4,790,805 (58.12%) 47 (58.02%)
100% (44.71%) 38 (42.06%) 3,477,247 54.52 - 58.72 4,790,805 (57.94%) 47 (55.29%)
all (43.68%) 38 (42.03%) 3,477,247 54.52 - 58.80 4,795,105 (57.97%) 49 (56.32%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (51.85%) 14 (61.05%) 1,505,507 56.71 - 57.50 960,469 (38.95%) 13 (48.15%)
5% (39.47%) 15 (40.52%) 1,854,616 56.58 - 57.83 2,722,892 (59.48%) 23 (60.53%)
10% (37.50%) 24 (37.20%) 2,297,816 56.27 - 58.14 3,878,526 (62.80%) 40 (62.50%)
15% (42.31%) 33 (40.69%) 3,252,227 54.93 - 58.65 4,740,113 (59.31%) 45 (57.69%)
50% (41.98%) 34 (41.88%) 3,452,227 54.65 - 58.72 4,790,805 (58.12%) 47 (58.02%)
100% (44.71%) 38 (42.06%) 3,477,247 54.52 - 58.72 4,790,805 (57.94%) 47 (55.29%)
all (43.68%) 38 (42.03%) 3,477,247 54.52 - 58.80 4,795,105 (57.97%) 49 (56.32%
stv
- 30 Apr 2003 13:26
- 244 of 498
Thanks Ains. It's obvious short squeezing has affected prices significantly since last yr & I for one have lost more than anyone for sure. US futures despite earlier spiking are again lower so probably will not go above S&P 925. L2 weaker!
Do you have a tel number I can ring you on late evening for friendly discussion?
Do you have a tel number I can ring you on late evening for friendly discussion?
ainsoph - 30 Apr 2003 14:06 - 245 of 498
You have to learn to live with and profit from them .... makes for more volatility ... US news is mixed but generally not very + ..... US futures are fairly constant and marginally off. Sector as before but general market better than evens .... going to put my neck out here and assumming no new news we will see 58p.
By all meands give me a call - mail me at ainsoph@blueyonder.co.uk
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (30.77%) 8 (18.77%) 819,428 56.56 - 57.29 3,546,865 (81.23%) 18 (69.23%)
5% (25.00%) 9 (17.95%) 1,167,069 56.39 - 57.52 5,334,239 (82.05%) 27 (75.00%)
10% (33.90%) 20 (20.62%) 1,640,669 55.97 - 57.74 6,317,339 (79.38%) 39 (66.10%)
15% (35.14%) 26 (21.55%) 1,762,493 55.75 - 57.78 6,415,868 (78.45%) 48 (64.86%)
50% (35.06%) 27 (23.28%) 1,962,493 55.16 - 57.83 6,466,560 (76.72%) 50 (64.94%)
100% (38.27%) 31 (23.51%) 1,987,513 54.94 - 57.83 6,466,560 (76.49%) 50 (61.73%)
all (37.35%) 31 (23.50%) 1,987,513 54.94 - 57.89 6,470,860 (76.50%) 52 (62.65%)
By all meands give me a call - mail me at ainsoph@blueyonder.co.uk
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (30.77%) 8 (18.77%) 819,428 56.56 - 57.29 3,546,865 (81.23%) 18 (69.23%)
5% (25.00%) 9 (17.95%) 1,167,069 56.39 - 57.52 5,334,239 (82.05%) 27 (75.00%)
10% (33.90%) 20 (20.62%) 1,640,669 55.97 - 57.74 6,317,339 (79.38%) 39 (66.10%)
15% (35.14%) 26 (21.55%) 1,762,493 55.75 - 57.78 6,415,868 (78.45%) 48 (64.86%)
50% (35.06%) 27 (23.28%) 1,962,493 55.16 - 57.83 6,466,560 (76.72%) 50 (64.94%)
100% (38.27%) 31 (23.51%) 1,987,513 54.94 - 57.83 6,466,560 (76.49%) 50 (61.73%)
all (37.35%) 31 (23.50%) 1,987,513 54.94 - 57.89 6,470,860 (76.50%) 52 (62.65%)
stv
- 30 Apr 2003 15:28
- 246 of 498
L2 weaker now? It most certainly is for VOD which has been pushed ↓ to 124 ↓1%.
ainsoph - 30 Apr 2003 15:31 - 247 of 498
slipping now ..... double the falls of the sector but still an hour to go - volumes are high and news is coming out albeit not seriously price moving.
O2 offers email on the move
London, April 30 2003, (netimperative)
by Chris Lake
O2 has launched a new email-on-the-move service that provides users with access to business email, calendar and contacts from its xda handset.
The service, branded 'xmail', is aimed at business users and particularly at commuters, who can use their xda - a cross between a PDA and colour-screen mobile phone - to read email from trains or taxis.
Users need to download software from O2's website to synchronise their xda's with a PC to use the service.
The network operator said customers responded positively to xmail in pre-launch trials. Many of its existing 50,000 users wanted O2 to introduce more varied email connectivity services - they can now take advantage of a free 10-day trial that is accompanying the launch of xmail.
After the 10-day trail period elapses, users will be charged 9.99 per month for the xmail service, which excludes airtime and data costs.
O2 now has about 12m customers in the UK.
O2 offers email on the move
London, April 30 2003, (netimperative)
by Chris Lake
O2 has launched a new email-on-the-move service that provides users with access to business email, calendar and contacts from its xda handset.
The service, branded 'xmail', is aimed at business users and particularly at commuters, who can use their xda - a cross between a PDA and colour-screen mobile phone - to read email from trains or taxis.
Users need to download software from O2's website to synchronise their xda's with a PC to use the service.
The network operator said customers responded positively to xmail in pre-launch trials. Many of its existing 50,000 users wanted O2 to introduce more varied email connectivity services - they can now take advantage of a free 10-day trial that is accompanying the launch of xmail.
After the 10-day trail period elapses, users will be charged 9.99 per month for the xmail service, which excludes airtime and data costs.
O2 now has about 12m customers in the UK.
ainsoph - 30 Apr 2003 15:42 - 248 of 498
Strange because there was a 17 million buy half an hour ago .....
ainsoph - 30 Apr 2003 15:55 - 249 of 498
BBC NEWS
3G operators win tie-up approval
3g allows callers to see each other
Mobile phone operators T-Mobile and mm02 have won approval from the European Commission to share networks for third generation (3G) mobile phones in Britain.
Europe's competition watchdog said the agreement would not prove anti-competitive.
But it excluded the top 10 British cities from the "roaming" deal between the two operators, and said it would only apply in smaller cities until 2007.
Roaming allows mobile phone users to switch automatically from one network to another.
Long wait
Competition commissioner Mario Monti said: "This decision strikes the right balance between infrastructure competition in the 3G market and the immediate consumer benefit of faster and wider roll-out of advanced 3G services."
Mobile firms are increasingly looking towards partnerships in a bid to minimise their outlay and stem huge costs.
They paid vast sums to obtain 3G licences, which allow users to see each other and send video footage during calls.
But long delays and numerous technical glitches have hampered the widely-hyped launch - and operators' ability to reap the return on their investment.
T-Mobile, owned by Deutsche Telekom, is Europe's second largest mobile operator while mm02 is the smallest of the five European players.
The two firms asked for approval to share their sites in Britain and Germany in February and the Commission has so far only given its accord for the British part of the deal.
At a price
The UK's first mainland 3G mobile network, Hutchison 3, officially opened for business in March after a series of technical glitches.
But with an average price of 400 for a handset, the technology comes at a price.
Trade and Industry Secretary Patricia Hewitt made the UK's first public mobile video call over 3's new service to Stephen Timms, the e-Commerce Minister.
The government has been a strong promoter of 3G technology, having earned billions of pounds from the sale of the radio frequency licences.
"The possibilities are immense.
"It has the potential to revolutionise the way we communicate and I am delighted that UK businesses and consumers will be among the first to benefit from it," said Ms Hewitt.
3G operators win tie-up approval
3g allows callers to see each other
Mobile phone operators T-Mobile and mm02 have won approval from the European Commission to share networks for third generation (3G) mobile phones in Britain.
Europe's competition watchdog said the agreement would not prove anti-competitive.
But it excluded the top 10 British cities from the "roaming" deal between the two operators, and said it would only apply in smaller cities until 2007.
Roaming allows mobile phone users to switch automatically from one network to another.
Long wait
Competition commissioner Mario Monti said: "This decision strikes the right balance between infrastructure competition in the 3G market and the immediate consumer benefit of faster and wider roll-out of advanced 3G services."
Mobile firms are increasingly looking towards partnerships in a bid to minimise their outlay and stem huge costs.
They paid vast sums to obtain 3G licences, which allow users to see each other and send video footage during calls.
But long delays and numerous technical glitches have hampered the widely-hyped launch - and operators' ability to reap the return on their investment.
T-Mobile, owned by Deutsche Telekom, is Europe's second largest mobile operator while mm02 is the smallest of the five European players.
The two firms asked for approval to share their sites in Britain and Germany in February and the Commission has so far only given its accord for the British part of the deal.
At a price
The UK's first mainland 3G mobile network, Hutchison 3, officially opened for business in March after a series of technical glitches.
But with an average price of 400 for a handset, the technology comes at a price.
Trade and Industry Secretary Patricia Hewitt made the UK's first public mobile video call over 3's new service to Stephen Timms, the e-Commerce Minister.
The government has been a strong promoter of 3G technology, having earned billions of pounds from the sale of the radio frequency licences.
"The possibilities are immense.
"It has the potential to revolutionise the way we communicate and I am delighted that UK businesses and consumers will be among the first to benefit from it," said Ms Hewitt.
ainsoph - 30 Apr 2003 16:14 - 250 of 498
intraday trading graph not looking good - sharp downturn
stv
- 30 Apr 2003 16:14
- 251 of 498
What happened with O2? Is it just weak L2 or someone shorting the hell out of it
ainsoph - 30 Apr 2003 16:15 - 252 of 498
Virtually all sells in last half an hour
ainsoph - 30 Apr 2003 16:16 - 253 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (61.11%) 11 (58.28%) 2,213,684 55.63 - 56.28 1,584,578 (41.72%) 7 (38.89%)
5% (53.57%) 15 (43.75%) 2,667,777 55.52 - 56.65 3,429,496 (56.25%) 13 (46.43%)
10% (39.66%) 23 (28.91%) 2,865,882 55.42 - 57.22 7,047,330 (71.09%) 35 (60.34%)
15% (33.33%) 25 (26.87%) 2,905,306 55.37 - 57.43 7,907,859 (73.13%) 50 (66.67%)
50% (34.62%) 27 (28.19%) 3,110,206 55.01 - 57.44 7,922,859 (71.81%) 51 (65.38%)
100% (36.14%) 30 (28.19%) 3,130,326 54.89 - 57.49 7,973,551 (71.81%) 53 (63.86%)
all (35.29%) 30 (28.18%) 3,130,326 54.89 - 57.54 7,977,851 (71.82%) 55 (64.71%)
ainsoph - 30 Apr 2003 16:16 - 254 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (61.11%) 11 (58.28%) 2,213,684 55.63 - 56.28 1,584,578 (41.72%) 7 (38.89%)
5% (53.57%) 15 (43.75%) 2,667,777 55.52 - 56.65 3,429,496 (56.25%) 13 (46.43%)
10% (39.66%) 23 (28.91%) 2,865,882 55.42 - 57.22 7,047,330 (71.09%) 35 (60.34%)
15% (33.33%) 25 (26.87%) 2,905,306 55.37 - 57.43 7,907,859 (73.13%) 50 (66.67%)
50% (34.62%) 27 (28.19%) 3,110,206 55.01 - 57.44 7,922,859 (71.81%) 51 (65.38%)
100% (36.14%) 30 (28.19%) 3,130,326 54.89 - 57.49 7,973,551 (71.81%) 53 (63.86%)
all (35.29%) 30 (28.18%) 3,130,326 54.89 - 57.54 7,977,851 (71.82%) 55 (64.71%)
ainsoph - 30 Apr 2003 16:17 - 255 of 498
Whole telecom sector and other techs are getting hit
stv
- 01 May 2003 08:27
- 256 of 498
Hi Ains. Can you try & provide L2 for OOM & VOD when posting during the day, Thanks. What do you think will be the outlook for US & US mkts today. Volumes are low except for shares which have taken off such as your holding in Telewest!
ainsoph - 01 May 2003 08:36 - 257 of 498
morning
A lot of markets are closed today and we have a short week next week .... US futures already off a little and our market being called down by the 'sell in May' peeps. Yesterdays last minute downturn was generated by end of month squaring of books - we are told.
Sector down 0.88% from just over 1% a minute or two ago
I think 56p todays close but suspect overall markets will be off a tad.
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (58.33%) 7 (69.05%) 870,400 54.95 - 55.85 390,180 (30.95%) 5 (41.67%)
5% (61.11%) 11 (66.77%) 1,216,196 54.82 - 56.02 605,226 (33.23%) 7 (38.89%)
10% (60.61%) 20 (63.27%) 1,442,396 54.56 - 56.45 837,253 (36.73%) 13 (39.39%)
15% (52.08%) 25 (58.42%) 2,509,622 52.98 - 58.51 1,786,159 (41.58%) 23 (47.92%)
50% (52.00%) 26 (58.26%) 2,514,522 52.97 - 58.54 1,801,159 (41.74%) 24 (48.00%)
100% (51.85%) 28 (57.71%) 2,526,642 52.87 - 58.72 1,851,851 (42.29%) 26 (48.15%)
all (50.00%) 28 (57.65%) 2,526,642 52.87 - 58.92 1,856,151 (42.35%) 28 (50.00%
A lot of markets are closed today and we have a short week next week .... US futures already off a little and our market being called down by the 'sell in May' peeps. Yesterdays last minute downturn was generated by end of month squaring of books - we are told.
Sector down 0.88% from just over 1% a minute or two ago
I think 56p todays close but suspect overall markets will be off a tad.
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (58.33%) 7 (69.05%) 870,400 54.95 - 55.85 390,180 (30.95%) 5 (41.67%)
5% (61.11%) 11 (66.77%) 1,216,196 54.82 - 56.02 605,226 (33.23%) 7 (38.89%)
10% (60.61%) 20 (63.27%) 1,442,396 54.56 - 56.45 837,253 (36.73%) 13 (39.39%)
15% (52.08%) 25 (58.42%) 2,509,622 52.98 - 58.51 1,786,159 (41.58%) 23 (47.92%)
50% (52.00%) 26 (58.26%) 2,514,522 52.97 - 58.54 1,801,159 (41.74%) 24 (48.00%)
100% (51.85%) 28 (57.71%) 2,526,642 52.87 - 58.72 1,851,851 (42.29%) 26 (48.15%)
all (50.00%) 28 (57.65%) 2,526,642 52.87 - 58.92 1,856,151 (42.35%) 28 (50.00%
ainsoph - 01 May 2003 08:38 - 258 of 498
mmO2 puts down phone on sell-off
Richard Inder, Daily Mail
1 May 2003
HONES outfit MMO2 wants 500m more for its struggling German arm than its Dutch rival KPN is prepared to pay, dashing lingering hopes of an imminent deal. The sale would crystallise further huge losses.
KPN has made an informal offer of as much as 1bn for the German network, but O2 chief executive Peter Erskine wants 1.5bn. KPN would combine the network with its own EPlus to take on leaders Vodafone and T-Mobile.
Even 1.5bn would be an ignominious exit, at best 15p per pound invested by O2's former parent BT. BT and its partners ran up huge losses building the network. BT then spent 5bn taking control and a further 5bn on a 3G licence.
The City believes O2 is worth more without Germany - which is losing around 20m a month. Since O2 sold its Dutch network this month at a 1.4bn loss its shares have rallied 10%. They fell 2p to 55 3/4p.
That deal stemmed some 100m annual cash losses, giving Erskine time to strike a harder bargain.
KPN believes O2 will eventually be pushed back to the negotiating table by German laws which will force it to build a new 3G network covering 25% of the population by end-year. The longer O2 delays, the more it will have to spend on its own network, which might make it less attractive to KPN.
2003 Associated Newspapers Ltd. All
Richard Inder, Daily Mail
1 May 2003
HONES outfit MMO2 wants 500m more for its struggling German arm than its Dutch rival KPN is prepared to pay, dashing lingering hopes of an imminent deal. The sale would crystallise further huge losses.
KPN has made an informal offer of as much as 1bn for the German network, but O2 chief executive Peter Erskine wants 1.5bn. KPN would combine the network with its own EPlus to take on leaders Vodafone and T-Mobile.
Even 1.5bn would be an ignominious exit, at best 15p per pound invested by O2's former parent BT. BT and its partners ran up huge losses building the network. BT then spent 5bn taking control and a further 5bn on a 3G licence.
The City believes O2 is worth more without Germany - which is losing around 20m a month. Since O2 sold its Dutch network this month at a 1.4bn loss its shares have rallied 10%. They fell 2p to 55 3/4p.
That deal stemmed some 100m annual cash losses, giving Erskine time to strike a harder bargain.
KPN believes O2 will eventually be pushed back to the negotiating table by German laws which will force it to build a new 3G network covering 25% of the population by end-year. The longer O2 delays, the more it will have to spend on its own network, which might make it less attractive to KPN.
2003 Associated Newspapers Ltd. All
stv
- 01 May 2003 08:59
- 259 of 498
Thanks Ains. Can you please provide VOD also next time you post OOM L2. So what do you now think will happen with OOM. Will it stay in the 55-58 range or fall now? The above article did you not find out any news on 1Bn offer from any other sources?
ainsoph - 01 May 2003 09:04 - 260 of 498
I think it will be subject to weakness until we see + news
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (72.22%) 13 (83.68%) 2,205,396 54.68 - 55.74 430,180 (16.32%) 5 (27.78%)
5% (68.18%) 15 (77.69%) 2,247,196 54.67 - 55.93 645,226 (22.31%) 7 (31.82%)
10% (63.89%) 23 (73.65%) 2,452,396 54.54 - 56.34 877,253 (26.35%) 13 (36.11%)
15% (54.90%) 28 (65.84%) 3,519,622 53.42 - 58.41 1,826,159 (34.16%) 23 (45.10%)
50% (54.72%) 29 (65.69%) 3,524,522 53.41 - 58.44 1,841,159 (34.31%) 24 (45.28%)
100% (54.39%) 31 (65.15%) 3,536,642 53.34 - 58.62 1,891,851 (34.85%) 26 (45.61%)
all (52.54%) 31 (65.10%) 3,536,642 53.34 - 58.82 1,896,151 (34.90%) 28 (47.46%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.54%) 31 (76.08%) 12,650,228 121.56 - 122.79 3,976,770 (23.92%) 28 (47.46%)
5% (53.57%) 45 (72.45%) 13,675,928 121.46 - 123.07 5,201,139 (27.55%) 39 (46.43%)
10% (50.81%) 63 (70.49%) 15,677,228 120.98 - 123.96 6,562,832 (29.51%) 61 (49.19%)
15% (48.94%) 92 (65.20%) 17,023,344 120.47 - 125.86 9,086,756 (34.80%) 96 (51.06%)
50% (46.92%) 99 (62.38%) 17,119,218 120.38 - 127.38 10,324,242 (37.62%) 112 (53.08%)
100% (46.28%) 112 (62.10%) 17,304,468 120.07 - 128.06 10,560,925 (37.90%) 130 (53.72%)
all (45.34%) 112 (62.06%) 17,304,468 120.07 - 128.32 10,580,838 (37.94%) 135 (54.66%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (72.22%) 13 (83.68%) 2,205,396 54.68 - 55.74 430,180 (16.32%) 5 (27.78%)
5% (68.18%) 15 (77.69%) 2,247,196 54.67 - 55.93 645,226 (22.31%) 7 (31.82%)
10% (63.89%) 23 (73.65%) 2,452,396 54.54 - 56.34 877,253 (26.35%) 13 (36.11%)
15% (54.90%) 28 (65.84%) 3,519,622 53.42 - 58.41 1,826,159 (34.16%) 23 (45.10%)
50% (54.72%) 29 (65.69%) 3,524,522 53.41 - 58.44 1,841,159 (34.31%) 24 (45.28%)
100% (54.39%) 31 (65.15%) 3,536,642 53.34 - 58.62 1,891,851 (34.85%) 26 (45.61%)
all (52.54%) 31 (65.10%) 3,536,642 53.34 - 58.82 1,896,151 (34.90%) 28 (47.46%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.54%) 31 (76.08%) 12,650,228 121.56 - 122.79 3,976,770 (23.92%) 28 (47.46%)
5% (53.57%) 45 (72.45%) 13,675,928 121.46 - 123.07 5,201,139 (27.55%) 39 (46.43%)
10% (50.81%) 63 (70.49%) 15,677,228 120.98 - 123.96 6,562,832 (29.51%) 61 (49.19%)
15% (48.94%) 92 (65.20%) 17,023,344 120.47 - 125.86 9,086,756 (34.80%) 96 (51.06%)
50% (46.92%) 99 (62.38%) 17,119,218 120.38 - 127.38 10,324,242 (37.62%) 112 (53.08%)
100% (46.28%) 112 (62.10%) 17,304,468 120.07 - 128.06 10,560,925 (37.90%) 130 (53.72%)
all (45.34%) 112 (62.06%) 17,304,468 120.07 - 128.32 10,580,838 (37.94%) 135 (54.66%
stv
- 01 May 2003 09:35
- 261 of 498
L2 on both looking relatively strong despite showing some weakness after PMI figs?
ainsoph - 01 May 2003 09:37 - 262 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (66.67%) 12 (71.61%) 2,021,896 54.62 - 55.41 801,766 (28.39%) 6 (33.33%)
5% (63.64%) 14 (66.66%) 2,063,696 54.61 - 55.58 1,031,992 (33.34%) 8 (36.36%)
10% (61.11%) 22 (63.49%) 2,268,896 54.47 - 55.91 1,304,519 (36.51%) 14 (38.89%)
15% (50.94%) 27 (59.37%) 3,336,122 53.31 - 57.79 2,282,925 (40.63%) 26 (49.06%)
50% (50.91%) 28 (59.25%) 3,341,022 53.31 - 57.82 2,297,925 (40.75%) 27 (49.09%)
100% (50.85%) 30 (58.81%) 3,353,142 53.23 - 57.97 2,348,617 (41.19%) 29 (49.15%)
all (49.18%) 30 (58.76%) 3,353,142 53.23 - 58.14 2,352,917 (41.24%) 31 (50.82%
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (66.67%) 12 (71.61%) 2,021,896 54.62 - 55.41 801,766 (28.39%) 6 (33.33%)
5% (63.64%) 14 (66.66%) 2,063,696 54.61 - 55.58 1,031,992 (33.34%) 8 (36.36%)
10% (61.11%) 22 (63.49%) 2,268,896 54.47 - 55.91 1,304,519 (36.51%) 14 (38.89%)
15% (50.94%) 27 (59.37%) 3,336,122 53.31 - 57.79 2,282,925 (40.63%) 26 (49.06%)
50% (50.91%) 28 (59.25%) 3,341,022 53.31 - 57.82 2,297,925 (40.75%) 27 (49.09%)
100% (50.85%) 30 (58.81%) 3,353,142 53.23 - 57.97 2,348,617 (41.19%) 29 (49.15%)
all (49.18%) 30 (58.76%) 3,353,142 53.23 - 58.14 2,352,917 (41.24%) 31 (50.82%
stv
- 01 May 2003 09:51
- 263 of 498
Is L2 on both looking relatively weak? Please post the L2 for VOD also, Thanks.
ainsoph - 01 May 2003 10:24 - 264 of 498
Can do the oom but dont often look at vod ...... whole sector and market is weak - the earlier news on OOM does not help in the short term. vols high side of average. i see a buying opportunity coming up
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (64.71%) 11 (77.21%) 3,377,600 53.85 - 54.80 997,000 (22.79%) 6 (35.29%)
5% (61.54%) 16 (68.01%) 3,501,190 53.82 - 55.00 1,647,000 (31.99%) 10 (38.46%)
10% (57.14%) 20 (61.57%) 3,584,814 53.78 - 55.26 2,237,226 (38.43%) 15 (42.86%)
15% (45.10%) 23 (63.85%) 4,612,616 53.12 - 55.67 2,612,053 (36.15%) 28 (54.90%)
50% (41.38%) 24 (57.07%) 4,617,516 53.11 - 56.87 3,473,159 (42.93%) 34 (58.62%)
100% (41.94%) 26 (56.78%) 4,629,636 53.06 - 56.98 3,523,851 (43.22%) 36 (58.06%)
all (40.63%) 26 (56.75%) 4,629,636 53.06 - 57.10 3,528,151 (43.25%) 38 (59.38%)
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (64.71%) 11 (77.21%) 3,377,600 53.85 - 54.80 997,000 (22.79%) 6 (35.29%)
5% (61.54%) 16 (68.01%) 3,501,190 53.82 - 55.00 1,647,000 (31.99%) 10 (38.46%)
10% (57.14%) 20 (61.57%) 3,584,814 53.78 - 55.26 2,237,226 (38.43%) 15 (42.86%)
15% (45.10%) 23 (63.85%) 4,612,616 53.12 - 55.67 2,612,053 (36.15%) 28 (54.90%)
50% (41.38%) 24 (57.07%) 4,617,516 53.11 - 56.87 3,473,159 (42.93%) 34 (58.62%)
100% (41.94%) 26 (56.78%) 4,629,636 53.06 - 56.98 3,523,851 (43.22%) 36 (58.06%)
all (40.63%) 26 (56.75%) 4,629,636 53.06 - 57.10 3,528,151 (43.25%) 38 (59.38%)
stv
- 01 May 2003 10:54
- 265 of 498
Thanks Ains. Can you look at the VOD L2 and post that aswell, its really weak.
ainsoph - 01 May 2003 10:57 - 266 of 498
Tracking OOM now with a view to buying as soon as the intraday chart turns
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (53.33%) 8 (58.36%) 2,526,499 53.70 - 54.39 1,802,436 (41.64%) 7 (46.67%)
5% (51.85%) 14 (48.55%) 2,966,970 53.59 - 54.69 3,144,770 (51.45%) 13 (48.15%)
10% (44.74%) 17 (42.32%) 3,028,594 53.56 - 54.95 4,128,197 (57.68%) 21 (55.26%)
15% (37.04%) 20 (44.87%) 4,056,396 52.86 - 55.58 4,984,724 (55.13%) 34 (62.96%)
50% (33.87%) 21 (40.92%) 4,061,296 52.86 - 56.31 5,864,130 (59.08%) 41 (66.13%)
100% (34.85%) 23 (40.78%) 4,073,416 52.80 - 56.39 5,914,822 (59.22%) 43 (65.15%)
all (33.82%) 23 (40.76%) 4,073,416 52.80 - 56.45 5,919,122 (59.24%) 45 (66.18%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (55.38%) 36 (62.61%) 7,266,626 120.81 - 121.83 4,338,684 (37.39%) 29 (44.62%)
5% (46.60%) 48 (49.82%) 8,598,526 120.60 - 122.36 8,662,166 (50.18%) 55 (53.40%)
10% (49.02%) 75 (53.91%) 11,908,476 119.49 - 122.81 10,179,439 (46.09%) 78 (50.98%)
15% (43.00%) 89 (47.96%) 12,224,141 119.32 - 124.51 13,262,872 (52.04%) 118 (57.00%)
50% (42.29%) 96 (47.28%) 12,320,016 119.21 - 124.87 13,735,507 (52.72%) 131 (57.71%)
100% (41.22%) 108 (45.72%) 12,504,265 118.80 - 126.28 14,844,821 (54.28%) 154 (58.78%)
all (40.45%) 108 (45.69%) 12,504,265 118.80 - 126.47 14,864,734 (54.31%) 159 (59.55%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (53.33%) 8 (58.36%) 2,526,499 53.70 - 54.39 1,802,436 (41.64%) 7 (46.67%)
5% (51.85%) 14 (48.55%) 2,966,970 53.59 - 54.69 3,144,770 (51.45%) 13 (48.15%)
10% (44.74%) 17 (42.32%) 3,028,594 53.56 - 54.95 4,128,197 (57.68%) 21 (55.26%)
15% (37.04%) 20 (44.87%) 4,056,396 52.86 - 55.58 4,984,724 (55.13%) 34 (62.96%)
50% (33.87%) 21 (40.92%) 4,061,296 52.86 - 56.31 5,864,130 (59.08%) 41 (66.13%)
100% (34.85%) 23 (40.78%) 4,073,416 52.80 - 56.39 5,914,822 (59.22%) 43 (65.15%)
all (33.82%) 23 (40.76%) 4,073,416 52.80 - 56.45 5,919,122 (59.24%) 45 (66.18%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (55.38%) 36 (62.61%) 7,266,626 120.81 - 121.83 4,338,684 (37.39%) 29 (44.62%)
5% (46.60%) 48 (49.82%) 8,598,526 120.60 - 122.36 8,662,166 (50.18%) 55 (53.40%)
10% (49.02%) 75 (53.91%) 11,908,476 119.49 - 122.81 10,179,439 (46.09%) 78 (50.98%)
15% (43.00%) 89 (47.96%) 12,224,141 119.32 - 124.51 13,262,872 (52.04%) 118 (57.00%)
50% (42.29%) 96 (47.28%) 12,320,016 119.21 - 124.87 13,735,507 (52.72%) 131 (57.71%)
100% (41.22%) 108 (45.72%) 12,504,265 118.80 - 126.28 14,844,821 (54.28%) 154 (58.78%)
all (40.45%) 108 (45.69%) 12,504,265 118.80 - 126.47 14,864,734 (54.31%) 159 (59.55%)
stv
- 01 May 2003 11:02
- 267 of 498
Let me know when also. When you say intraday chart turns what do you use to work that out and how is it determined. Is now not the right level with it @54?
ainsoph - 01 May 2003 11:05 - 268 of 498
I have a big chart plotting the intraday trades on a blow by blow basis and look to see how it flows .... current trnd is still southwrds but I feel it's being overdone and therefore waiting on a turn. Its not a science but an art form and I look for the chart + L2 + news + general market sentiment
ainsoph - 01 May 2003 11:31 - 269 of 498
looks like we are heading south again
stv
- 01 May 2003 11:33
- 270 of 498
What does the L2 look like now for both & where do you see this going now. I foolishly got in @54, as usual should've waited for you to say now or something.
ainsoph - 01 May 2003 11:41 - 271 of 498
seems to have leveled
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (45.16%) 28 (57.07%) 6,796,948 120.88 - 122.13 5,113,893 (42.93%) 34 (54.84%)
5% (51.00%) 51 (53.09%) 8,905,327 120.60 - 122.51 7,867,192 (46.91%) 49 (49.00%)
10% (47.79%) 65 (55.18%) 11,244,727 119.93 - 122.95 9,133,265 (44.82%) 71 (52.21%)
15% (46.08%) 94 (50.77%) 12,590,842 119.34 - 124.76 12,209,698 (49.23%) 110 (53.92%)
50% (45.09%) 101 (50.01%) 12,686,717 119.23 - 125.14 12,682,333 (49.99%) 123 (54.91%)
100% (43.63%) 113 (48.27%) 12,870,966 118.84 - 126.64 13,791,647 (51.73%) 146 (56.37%)
all (42.80%) 113 (48.24%) 12,870,966 118.84 - 126.84 13,811,560 (51.76%) 151 (57.20%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (45.16%) 28 (57.07%) 6,796,948 120.88 - 122.13 5,113,893 (42.93%) 34 (54.84%)
5% (51.00%) 51 (53.09%) 8,905,327 120.60 - 122.51 7,867,192 (46.91%) 49 (49.00%)
10% (47.79%) 65 (55.18%) 11,244,727 119.93 - 122.95 9,133,265 (44.82%) 71 (52.21%)
15% (46.08%) 94 (50.77%) 12,590,842 119.34 - 124.76 12,209,698 (49.23%) 110 (53.92%)
50% (45.09%) 101 (50.01%) 12,686,717 119.23 - 125.14 12,682,333 (49.99%) 123 (54.91%)
100% (43.63%) 113 (48.27%) 12,870,966 118.84 - 126.64 13,791,647 (51.73%) 146 (56.37%)
all (42.80%) 113 (48.24%) 12,870,966 118.84 - 126.84 13,811,560 (51.76%) 151 (57.20%
ainsoph - 01 May 2003 11:41 - 272 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (65.22%) 15 (57.52%) 2,271,281 53.35 - 53.93 1,677,551 (42.48%) 8 (34.78%)
5% (66.67%) 18 (57.87%) 2,642,756 53.23 - 54.00 1,924,027 (42.13%) 9 (33.33%)
10% (51.16%) 22 (46.19%) 3,509,982 52.69 - 54.72 4,089,788 (53.81%) 21 (48.84%)
15% (41.82%) 23 (43.04%) 3,709,982 52.55 - 55.36 4,909,115 (56.96%) 32 (58.18%)
50% (37.50%) 24 (39.00%) 3,714,882 52.54 - 56.14 5,810,721 (61.00%) 40 (62.50%)
100% (37.68%) 26 (38.81%) 3,727,002 52.48 - 56.24 5,876,413 (61.19%) 43 (62.32%)
all (36.62%) 26 (38.79%) 3,727,002 52.48 - 56.30 5,880,713 (61.21%) 45 (63.38%
ainsoph - 01 May 2003 11:47 - 273 of 498
I am not always right but still holding off for now
stv
- 01 May 2003 11:47
- 274 of 498
What's your entry point? Its now @53.5. I should've held off. Got 1/2 more @53.5. I cannot believe I've bloody done it again. It's now fallen to 53.25 what next?
ainsoph - 01 May 2003 11:53 - 275 of 498
any time now
- have an order set up but as you say a halp penny counts
- have an order set up but as you say a halp penny counts
stv
- 01 May 2003 11:56
- 276 of 498
So let me know what your entry point is then. Is it @53 or now, all seem cheap?
ainsoph - 01 May 2003 12:22 - 277 of 498
in at just less than 53.5
ainsoph - 01 May 2003 12:22 - 278 of 498
intraday trading chart looks promising
ainsoph - 01 May 2003 12:23 - 279 of 498
L2 buy orders increasing
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (68.18%) 15 (73.61%) 3,222,152 53.09 - 53.97 1,155,415 (26.39%) 7 (31.82%)
5% (70.37%) 19 (74.49%) 4,093,627 53.00 - 54.06 1,401,891 (25.51%) 8 (29.63%)
10% (59.52%) 25 (63.83%) 5,557,669 52.59 - 54.74 3,149,271 (36.17%) 17 (40.48%)
15% (48.15%) 26 (59.14%) 5,757,669 52.50 - 55.53 3,978,598 (40.86%) 28 (51.85%)
50% (42.86%) 27 (54.15%) 5,762,569 52.49 - 56.44 4,880,204 (45.85%) 36 (57.14%)
100% (42.65%) 29 (53.87%) 5,774,689 52.45 - 56.54 4,945,896 (46.13%) 39 (57.35%)
all (41.43%) 29 (53.84%) 5,774,689 52.45 - 56.62 4,950,196 (46.16%) 41 (58.57%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (68.18%) 15 (73.61%) 3,222,152 53.09 - 53.97 1,155,415 (26.39%) 7 (31.82%)
5% (70.37%) 19 (74.49%) 4,093,627 53.00 - 54.06 1,401,891 (25.51%) 8 (29.63%)
10% (59.52%) 25 (63.83%) 5,557,669 52.59 - 54.74 3,149,271 (36.17%) 17 (40.48%)
15% (48.15%) 26 (59.14%) 5,757,669 52.50 - 55.53 3,978,598 (40.86%) 28 (51.85%)
50% (42.86%) 27 (54.15%) 5,762,569 52.49 - 56.44 4,880,204 (45.85%) 36 (57.14%)
100% (42.65%) 29 (53.87%) 5,774,689 52.45 - 56.54 4,945,896 (46.13%) 39 (57.35%)
all (41.43%) 29 (53.84%) 5,774,689 52.45 - 56.62 4,950,196 (46.16%) 41 (58.57%
ainsoph - 01 May 2003 12:25 - 280 of 498
ticking up as buyers on sets come in
stv
- 01 May 2003 12:28
- 281 of 498
I wish I'd waited. Can I also use this chart or can you let me know how to obtain it. I really need more assistance as I got in way too early. Can you tell me what VOD L2 looks like also and if possible what the charting tool shows. I've sent you mail so if possible reply and give me a link or eMail the chart software. Thanks.
ainsoph - 01 May 2003 12:34 - 282 of 498
My charts are supplied by Market Eye Realtime and cabn show whatever you want to show ..... expensive though - 2K a year
Have you tried the free offer on L2 - you might find it worthwhile.
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (68.00%) 17 (70.55%) 3,722,152 53.14 - 53.91 1,553,915 (29.45%) 8 (32.00%)
5% (70.00%) 21 (71.84%) 4,593,627 53.05 - 53.99 1,800,391 (28.16%) 9 (30.00%)
10% (60.00%) 27 (63.06%) 6,057,669 52.66 - 54.63 3,547,771 (36.94%) 18 (40.00%)
15% (49.12%) 28 (58.84%) 6,257,669 52.57 - 55.37 4,377,098 (41.16%) 29 (50.88%)
50% (43.94%) 29 (54.26%) 6,262,569 52.57 - 56.24 5,278,704 (45.74%) 37 (56.06%)
100% (43.66%) 31 (54.00%) 6,274,689 52.53 - 56.34 5,344,396 (46.00%) 40 (56.34%)
all (42.47%) 31 (53.98%) 6,274,689 52.53 - 56.41 5,348,696 (46.02%) 42 (57.53%
Have you tried the free offer on L2 - you might find it worthwhile.
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (68.00%) 17 (70.55%) 3,722,152 53.14 - 53.91 1,553,915 (29.45%) 8 (32.00%)
5% (70.00%) 21 (71.84%) 4,593,627 53.05 - 53.99 1,800,391 (28.16%) 9 (30.00%)
10% (60.00%) 27 (63.06%) 6,057,669 52.66 - 54.63 3,547,771 (36.94%) 18 (40.00%)
15% (49.12%) 28 (58.84%) 6,257,669 52.57 - 55.37 4,377,098 (41.16%) 29 (50.88%)
50% (43.94%) 29 (54.26%) 6,262,569 52.57 - 56.24 5,278,704 (45.74%) 37 (56.06%)
100% (43.66%) 31 (54.00%) 6,274,689 52.53 - 56.34 5,344,396 (46.00%) 40 (56.34%)
all (42.47%) 31 (53.98%) 6,274,689 52.53 - 56.41 5,348,696 (46.02%) 42 (57.53%
ainsoph - 01 May 2003 12:40 - 283 of 498
buyers are there but someone seems keen on keeping them down
ainsoph - 01 May 2003 13:07 - 284 of 498
We are on the
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (60.00%) 9 (69.55%) 1,754,707 53.61 - 54.34 768,269 (30.45%) 6 (40.00%)
5% (66.67%) 22 (75.41%) 6,116,629 53.23 - 54.80 1,994,904 (24.59%) 11 (33.33%)
10% (68.29%) 28 (75.96%) 6,950,253 53.14 - 54.91 2,199,950 (24.04%) 13 (31.71%)
15% (54.39%) 31 (72.24%) 7,978,055 52.84 - 55.95 3,066,477 (27.76%) 26 (45.61%)
50% (49.23%) 32 (66.92%) 7,982,955 52.84 - 56.97 3,945,883 (33.08%) 33 (50.77%)
100% (49.28%) 34 (66.67%) 7,995,075 52.81 - 57.07 3,996,575 (33.33%) 35 (50.72%)
all (47.89%) 34 (66.65%) 7,995,075 52.81 - 57.17 4,000,875 (33.35%) 37 (52.11%)
move .... massive sets buys going through now
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (60.00%) 9 (69.55%) 1,754,707 53.61 - 54.34 768,269 (30.45%) 6 (40.00%)
5% (66.67%) 22 (75.41%) 6,116,629 53.23 - 54.80 1,994,904 (24.59%) 11 (33.33%)
10% (68.29%) 28 (75.96%) 6,950,253 53.14 - 54.91 2,199,950 (24.04%) 13 (31.71%)
15% (54.39%) 31 (72.24%) 7,978,055 52.84 - 55.95 3,066,477 (27.76%) 26 (45.61%)
50% (49.23%) 32 (66.92%) 7,982,955 52.84 - 56.97 3,945,883 (33.08%) 33 (50.77%)
100% (49.28%) 34 (66.67%) 7,995,075 52.81 - 57.07 3,996,575 (33.33%) 35 (50.72%)
all (47.89%) 34 (66.65%) 7,995,075 52.81 - 57.17 4,000,875 (33.35%) 37 (52.11%)
move .... massive sets buys going through now
stv
- 01 May 2003 13:17
- 285 of 498
Thanks Ains. What does it look like for VOD now. Will that tick lower or follow O2? So will it end around 55 today and how about Fri? Just heard on bbg that JPM cut Vodafone revenue growth for this yr from 11% to 6.5% Hence negativity.
ainsoph - 01 May 2003 13:25 - 286 of 498
tomorrow will be quiet imho ..... everytime it starts to rally the sellers/shorters comee in .... its going to be a long afternoon - US futures are below fair value with nas -3.5. Our markets are holding steady at minus 0.75 % with sector three times as bad at -2%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (62.50%) 10 (62.94%) 1,814,534 53.63 - 54.36 1,068,269 (37.06%) 6 (37.50%)
5% (67.65%) 23 (72.91%) 6,176,456 53.24 - 54.75 2,294,904 (27.09%) 11 (32.35%)
10% (69.77%) 30 (74.52%) 7,311,808 53.13 - 54.85 2,499,950 (25.48%) 13 (30.23%)
15% (56.90%) 33 (71.86%) 8,339,610 52.84 - 55.77 3,266,477 (28.14%) 25 (43.10%)
50% (51.52%) 34 (66.81%) 8,344,510 52.84 - 56.77 4,145,883 (33.19%) 32 (48.48%)
100% (51.43%) 36 (66.57%) 8,356,630 52.81 - 56.87 4,196,575 (33.43%) 34 (48.57%)
all (50.00%) 36 (66.55%) 8,356,630 52.81 - 56.97 4,200,875 (33.45%) 36 (50.00%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.24%) 35 (50.12%) 3,945,597 120.34 - 121.65 3,926,120 (49.88%) 32 (47.76%)
5% (47.06%) 48 (37.09%) 5,211,497 120.10 - 122.22 8,841,219 (62.91%) 54 (52.94%)
10% (47.74%) 74 (44.07%) 8,486,347 118.75 - 122.71 10,768,492 (55.93%) 81 (52.26%)
15% (42.11%) 88 (38.85%) 8,802,012 118.53 - 124.37 13,851,925 (61.15%) 121 (57.89%)
50% (41.48%) 95 (38.32%) 8,897,887 118.39 - 124.71 14,324,560 (61.68%) 134 (58.52%)
100% (40.53%) 107 (37.05%) 9,082,136 117.84 - 126.08 15,433,874 (62.95%) 157 (59.47%)
all (39.78%) 107 (37.02%) 9,082,136 117.84 - 126.26 15,453,787 (62.98%) 162 (60.22%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (62.50%) 10 (62.94%) 1,814,534 53.63 - 54.36 1,068,269 (37.06%) 6 (37.50%)
5% (67.65%) 23 (72.91%) 6,176,456 53.24 - 54.75 2,294,904 (27.09%) 11 (32.35%)
10% (69.77%) 30 (74.52%) 7,311,808 53.13 - 54.85 2,499,950 (25.48%) 13 (30.23%)
15% (56.90%) 33 (71.86%) 8,339,610 52.84 - 55.77 3,266,477 (28.14%) 25 (43.10%)
50% (51.52%) 34 (66.81%) 8,344,510 52.84 - 56.77 4,145,883 (33.19%) 32 (48.48%)
100% (51.43%) 36 (66.57%) 8,356,630 52.81 - 56.87 4,196,575 (33.43%) 34 (48.57%)
all (50.00%) 36 (66.55%) 8,356,630 52.81 - 56.97 4,200,875 (33.45%) 36 (50.00%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.24%) 35 (50.12%) 3,945,597 120.34 - 121.65 3,926,120 (49.88%) 32 (47.76%)
5% (47.06%) 48 (37.09%) 5,211,497 120.10 - 122.22 8,841,219 (62.91%) 54 (52.94%)
10% (47.74%) 74 (44.07%) 8,486,347 118.75 - 122.71 10,768,492 (55.93%) 81 (52.26%)
15% (42.11%) 88 (38.85%) 8,802,012 118.53 - 124.37 13,851,925 (61.15%) 121 (57.89%)
50% (41.48%) 95 (38.32%) 8,897,887 118.39 - 124.71 14,324,560 (61.68%) 134 (58.52%)
100% (40.53%) 107 (37.05%) 9,082,136 117.84 - 126.08 15,433,874 (62.95%) 157 (59.47%)
all (39.78%) 107 (37.02%) 9,082,136 117.84 - 126.26 15,453,787 (62.98%) 162 (60.22%)
stv
- 01 May 2003 13:43
- 287 of 498
Updated VOD L2 looks quite weak? Can you see offer going below 120.75 & to what?
ainsoph - 01 May 2003 13:49 - 288 of 498
I really prefer not to comment on VOD as I don't trade them or track them much
stv
- 01 May 2003 14:01
- 289 of 498
Can you please provide the updated VOD L2 as it's quite weak? US Jobs data -ve but NF Productivity has just been corrected: 1.9% vs est 2%. -0.1%, +0.9% in Q1 & Q4.
ainsoph - 01 May 2003 14:07 - 290 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (61.33%) 46 (65.20%) 10,064,373 120.19 - 121.56 5,371,614 (34.80%) 29 (38.67%)
5% (53.70%) 58 (50.59%) 10,479,373 120.14 - 122.09 10,236,713 (49.41%) 50 (46.30%)
10% (51.55%) 83 (52.04%) 13,743,923 119.29 - 122.58 12,663,986 (47.96%) 78 (48.45%)
15% (45.12%) 97 (47.17%) 14,059,588 119.15 - 124.06 15,747,419 (52.83%) 118 (54.88%)
50% (44.26%) 104 (46.60%) 14,155,463 119.05 - 124.38 16,220,054 (53.40%) 131 (55.74%)
100% (42.96%) 116 (45.28%) 14,339,712 118.70 - 125.62 17,329,368 (54.72%) 154 (57.04%)
all (42.18%) 116 (45.25%) 14,339,712 118.70 - 125.78 17,349,280 (54.75%) 159 (57.82%)
stv
- 01 May 2003 14:15
- 291 of 498
Ains. What's all the recent selling prior to US open all about. Level withstanding
ainsoph - 01 May 2003 14:25 - 292 of 498
I don't know ..... US has a pre open like we do .....
stv
- 01 May 2003 15:10
- 293 of 498
Can you provide updated L2 for both please. I've really mucked up & need US +ve.
ainsoph - 01 May 2003 15:19 - 294 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (54.84%) 17 (65.00%) 4,509,495 53.44 - 54.18 2,427,780 (35.00%) 14 (45.16%)
5% (60.87%) 28 (70.88%) 7,912,423 53.23 - 54.39 3,250,018 (29.12%) 18 (39.13%)
10% (61.29%) 38 (68.97%) 8,644,863 53.14 - 54.59 3,890,264 (31.03%) 24 (38.71%)
15% (53.75%) 43 (67.59%) 9,719,665 52.89 - 55.25 4,660,091 (32.41%) 37 (46.25%)
50% (49.44%) 44 (63.63%) 9,724,565 52.88 - 56.10 5,557,997 (36.37%) 45 (50.56%)
100% (49.46%) 46 (63.45%) 9,736,685 52.86 - 56.18 5,608,689 (36.55%) 47 (50.54%)
all (48.42%) 46 (63.43%) 9,736,685 52.86 - 56.25 5,612,989 (36.57%) 49 (51.58%)
0-1% (54.84%) 17 (65.00%) 4,509,495 53.44 - 54.18 2,427,780 (35.00%) 14 (45.16%)
1-5% (73.33%) 11 (80.54%) 3,402,928 53.23 - 54.39 822,238 (19.46%) 4 (26.67%)
5-10% (62.50%) 10 (53.36%) 732,440 53.14 - 54.59 640,246 (46.64%) 6 (37.50%)
10-15% (27.78%) 5 (58.27%) 1,074,802 52.89 - 55.25 769,827 (41.73%) 13 (72.22%)
15-50% (11.11%) 1 (0.54%) 4,900 52.88 - 56.10 897,906 (99.46%) 8 (88.89%)
50-100% (50.00%) 2 (19.30%) 12,120 52.86 - 56.18 50,692 (80.70%) 2 (50.00%)
100%- (0.00%) 0 (0.00%) 0 52.86 - 56.25 4,300 (100.00%) 2 (100.00%)
ainsoph - 01 May 2003 15:19 - 295 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.85%) 30 (59.25%) 7,332,042 119.30 - 120.64 5,042,684 (40.75%) 29 (49.15%)
5% (45.74%) 43 (47.01%) 9,161,542 119.03 - 121.27 10,328,102 (52.99%) 51 (54.26%)
10% (42.24%) 68 (40.75%) 11,487,802 118.39 - 122.06 16,701,439 (59.25%) 93 (57.76%)
15% (37.16%) 81 (36.74%) 11,728,467 118.27 - 123.34 20,192,356 (63.26%) 137 (62.84%)
50% (37.71%) 89 (36.24%) 11,826,255 118.16 - 123.67 20,811,212 (63.76%) 147 (62.29%)
100% (36.36%) 100 (35.38%) 12,008,591 117.76 - 124.69 21,932,806 (64.62%) 175 (63.64%)
all (35.82%) 101 (35.36%) 12,008,592 117.76 - 124.82 21,952,720 (64.64%) 181 (64.18%)
ainsoph - 01 May 2003 15:59 - 296 of 498
trying to hold the line @ 54p - lot of volume
Instant dating offered by mobile
London, May 1 2003, (netimperative)
by Chris Lake
Mobile Entertainment Corporation has linked up with Dateclub.com to launch the UK's first location-based dating service, available to Vodafone and O2 subscribers.
The new service, called MobileDateclub.com, will allow mobile users to view "live" pictures of suitable applicants, with results given based on their profile and location.
Those interested in joining the service are invited to send an SMS message to a short code number, which costs 1.50. The system automatically identifies their location and starts searching for suitable partners.
Users are then provided with the details of up to seven potential dates per message. They can then begin chatting via text messages to their preffered match, before deciding whether to embark on a date or not.
MEC CEO Tim Hammond said: "Today's mobile population wants applications that are compelling, useful and save time and this unique dating service will help users find suitable partners quicker than web-based applications."
The MobileDateclub.com service is currently being tested on T-Mobile and Orange platforms.
Dateclub.com is currently attracting about 300 new registrants per day and has more than 70,000 users in the UK.
Instant dating offered by mobile
London, May 1 2003, (netimperative)
by Chris Lake
Mobile Entertainment Corporation has linked up with Dateclub.com to launch the UK's first location-based dating service, available to Vodafone and O2 subscribers.
The new service, called MobileDateclub.com, will allow mobile users to view "live" pictures of suitable applicants, with results given based on their profile and location.
Those interested in joining the service are invited to send an SMS message to a short code number, which costs 1.50. The system automatically identifies their location and starts searching for suitable partners.
Users are then provided with the details of up to seven potential dates per message. They can then begin chatting via text messages to their preffered match, before deciding whether to embark on a date or not.
MEC CEO Tim Hammond said: "Today's mobile population wants applications that are compelling, useful and save time and this unique dating service will help users find suitable partners quicker than web-based applications."
The MobileDateclub.com service is currently being tested on T-Mobile and Orange platforms.
Dateclub.com is currently attracting about 300 new registrants per day and has more than 70,000 users in the UK.
stv
- 01 May 2003 16:03
- 297 of 498
Where do you now think O2 will close @. I am really worried about this downturn. Can you provide updated L2 for both please. Big sells also went through in O2.
ainsoph - 01 May 2003 16:06 - 298 of 498
OOM is under pressure .... maybe a concerted shorting attack - sector is catching up and down nearly 3% - intend holding
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (69.23%) 18 (75.84%) 5,147,234 53.48 - 54.23 1,639,513 (24.16%) 8 (30.77%)
5% (72.09%) 31 (78.82%) 9,188,397 53.25 - 54.49 2,468,658 (21.18%) 12 (27.91%)
10% (68.97%) 40 (75.56%) 9,614,021 53.20 - 54.72 3,108,904 (24.44%) 18 (31.03%)
15% (59.21%) 45 (73.37%) 10,688,823 52.96 - 55.49 3,878,731 (26.63%) 31 (40.79%)
50% (54.12%) 46 (69.12%) 10,693,723 52.95 - 56.43 4,776,637 (30.88%) 39 (45.88%)
100% (53.93%) 48 (68.92%) 10,705,843 52.93 - 56.52 4,827,329 (31.08%) 41 (46.07%)
all (52.75%) 48 (68.90%) 10,705,843 52.93 - 56.60 4,831,629 (31.10%) 43 (47.25%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (69.23%) 18 (75.84%) 5,147,234 53.48 - 54.23 1,639,513 (24.16%) 8 (30.77%)
5% (72.09%) 31 (78.82%) 9,188,397 53.25 - 54.49 2,468,658 (21.18%) 12 (27.91%)
10% (68.97%) 40 (75.56%) 9,614,021 53.20 - 54.72 3,108,904 (24.44%) 18 (31.03%)
15% (59.21%) 45 (73.37%) 10,688,823 52.96 - 55.49 3,878,731 (26.63%) 31 (40.79%)
50% (54.12%) 46 (69.12%) 10,693,723 52.95 - 56.43 4,776,637 (30.88%) 39 (45.88%)
100% (53.93%) 48 (68.92%) 10,705,843 52.93 - 56.52 4,827,329 (31.08%) 41 (46.07%)
all (52.75%) 48 (68.90%) 10,705,843 52.93 - 56.60 4,831,629 (31.10%) 43 (47.25%
ainsoph - 01 May 2003 16:07 - 299 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.53%) 42 (56.32%) 7,142,235 119.27 - 120.63 5,538,330 (43.68%) 31 (42.47%)
5% (50.46%) 55 (43.14%) 8,971,735 119.00 - 121.26 11,823,748 (56.86%) 54 (49.54%)
10% (45.00%) 81 (41.63%) 13,297,995 117.85 - 122.02 18,647,084 (58.37%) 99 (55.00%)
15% (39.50%) 94 (37.95%) 13,538,660 117.76 - 123.20 22,138,244 (62.05%) 144 (60.50%)
50% (39.84%) 102 (37.47%) 13,636,448 117.67 - 123.50 22,757,098 (62.53%) 154 (60.16%)
100% (38.31%) 113 (36.66%) 13,818,784 117.32 - 124.45 23,878,692 (63.34%) 182 (61.69%)
all (37.75%) 114 (36.64%) 13,818,785 117.32 - 124.56 23,898,606 (63.36%) 188 (62.25%
ainsoph - 01 May 2003 16:27 - 300 of 498
over a 100 million traded with few minutes to go - 54p holding
stv
- 02 May 2003 09:31
- 301 of 498
L2 must have improved within the last 10mins for OOM. Bloody shorters ruining everything as their is no need to short at these levels which signify long stance.
ainsoph - 02 May 2003 09:34 - 302 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.63%) 10 (45.24%) 3,263,722 53.11 - 53.98 3,950,407 (54.76%) 9 (47.37%)
5% (54.17%) 13 (43.85%) 3,407,822 53.09 - 54.04 4,363,537 (56.15%) 11 (45.83%)
10% (56.76%) 21 (44.53%) 3,581,946 53.02 - 54.08 4,461,537 (55.47%) 16 (43.24%)
15% (54.17%) 26 (50.61%) 4,698,161 52.31 - 54.16 4,584,537 (49.39%) 22 (45.83%)
50% (50.00%) 27 (46.22%) 4,703,061 52.31 - 55.03 5,473,356 (53.78%) 27 (50.00%)
100% (50.00%) 30 (46.02%) 4,723,181 52.23 - 55.14 5,539,048 (53.98%) 30 (50.00%)
all (48.39%) 30 (46.01%) 4,723,181 52.23 - 55.21 5,543,348 (53.99%) 32 (51.61%
ainsoph - 02 May 2003 10:15 - 303 of 498
reuters
Telecoms met early demand with Cable & Wireless up 2.8 percent and mobile giant Vodafone 0.8 percent higher. Investment bank Merrill Lynch raised its earnings per share estimates for Vodafone by 3.6 percent in 2003 and by 5.7 percent for next year.
Telecoms met early demand with Cable & Wireless up 2.8 percent and mobile giant Vodafone 0.8 percent higher. Investment bank Merrill Lynch raised its earnings per share estimates for Vodafone by 3.6 percent in 2003 and by 5.7 percent for next year.
stv
- 02 May 2003 12:20
- 304 of 498
MM02's improving from its low but VOD's been sold down. Need an upturn soon today.
ainsoph - 02 May 2003 12:30 - 305 of 498
US NAS is marginally up - sector flat - our market marginally+ but three day holiday coming up. Expect a close around 54/55p
ains
EC waves through 3G UK network share
By Drew Cullen
Posted: 02/05/2003 at 10:37 GMT
The EC has given the thumbs up for a 3G site-sharing agreement struck between T-Mobile and mmO2 in the UK. It says it expects to approve soon a similar site-share between the two companies in Germany. By teaming up in both countries, the duo can expect to save a few hundred million euro in capital expenditure.
The Commission also ruled that there are no competition concerns between a proposed network share, which is restricted to "smaller cities and rural areas".
National roaming agreements will not include the UK's 10 biggest cities, where, presumably, population density is high enough for the two mobile network operators to build exclusive infrastructure cost-effectively. It seems that this concession, offered by T-Mobile and mmO2 in March 2003, was the key to gaining EC approval. The site and network share proposal had, after all, been sitting in Brussels since February 2002.
The site share also escapes competition concern as it is restricted to "sharing basic network infrastructure such as masts, power supply, racking and cooling". Besides, fewer masts chime with EU health and environmental policy, which is a bonus.
According to the EC, the site-share will see a quicker 3G roll-out and better coverage into the countryside than would otherwise be the case. And it has exempted national roaming from antitrust rules in smaller cities until the end of 2007 and rural areas until the end of 2008.
In a statement Competition Commissioner Mario Monti said: "This decision strikes the right balance between infrastructure competition in 3G markets and the immediate consumer benefit of having faster and wider roll-out of advanced 3G services. It gives guidance to mobile operators on the extent of co-operation that it permissible at this important juncture for the roll-out of 3G services across the EU".
The press release is here
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (62.50%) 20 (68.68%) 5,411,639 53.19 - 54.00 2,468,312 (31.32%) 12 (37.50%)
5% (63.41%) 26 (68.49%) 6,911,777 53.08 - 54.12 3,180,122 (31.51%) 15 (36.59%)
10% (62.71%) 37 (74.15%) 10,385,847 52.78 - 54.25 3,619,807 (25.85%) 22 (37.29%)
15% (59.15%) 42 (73.99%) 11,502,062 52.52 - 54.69 4,042,807 (26.01%) 29 (40.85%)
50% (55.84%) 43 (70.00%) 11,506,962 52.51 - 55.56 4,931,626 (30.00%) 34 (44.16%)
100% (55.42%) 46 (69.76%) 11,527,082 52.48 - 55.68 4,997,318 (30.24%) 37 (44.58%)
all (54.12%) 46 (69.74%) 11,527,082 52.48 - 55.76 5,001,618 (30.26%) 39 (45.88%)
ains
EC waves through 3G UK network share
By Drew Cullen
Posted: 02/05/2003 at 10:37 GMT
The EC has given the thumbs up for a 3G site-sharing agreement struck between T-Mobile and mmO2 in the UK. It says it expects to approve soon a similar site-share between the two companies in Germany. By teaming up in both countries, the duo can expect to save a few hundred million euro in capital expenditure.
The Commission also ruled that there are no competition concerns between a proposed network share, which is restricted to "smaller cities and rural areas".
National roaming agreements will not include the UK's 10 biggest cities, where, presumably, population density is high enough for the two mobile network operators to build exclusive infrastructure cost-effectively. It seems that this concession, offered by T-Mobile and mmO2 in March 2003, was the key to gaining EC approval. The site and network share proposal had, after all, been sitting in Brussels since February 2002.
The site share also escapes competition concern as it is restricted to "sharing basic network infrastructure such as masts, power supply, racking and cooling". Besides, fewer masts chime with EU health and environmental policy, which is a bonus.
According to the EC, the site-share will see a quicker 3G roll-out and better coverage into the countryside than would otherwise be the case. And it has exempted national roaming from antitrust rules in smaller cities until the end of 2007 and rural areas until the end of 2008.
In a statement Competition Commissioner Mario Monti said: "This decision strikes the right balance between infrastructure competition in 3G markets and the immediate consumer benefit of having faster and wider roll-out of advanced 3G services. It gives guidance to mobile operators on the extent of co-operation that it permissible at this important juncture for the roll-out of 3G services across the EU".
The press release is here
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (62.50%) 20 (68.68%) 5,411,639 53.19 - 54.00 2,468,312 (31.32%) 12 (37.50%)
5% (63.41%) 26 (68.49%) 6,911,777 53.08 - 54.12 3,180,122 (31.51%) 15 (36.59%)
10% (62.71%) 37 (74.15%) 10,385,847 52.78 - 54.25 3,619,807 (25.85%) 22 (37.29%)
15% (59.15%) 42 (73.99%) 11,502,062 52.52 - 54.69 4,042,807 (26.01%) 29 (40.85%)
50% (55.84%) 43 (70.00%) 11,506,962 52.51 - 55.56 4,931,626 (30.00%) 34 (44.16%)
100% (55.42%) 46 (69.76%) 11,527,082 52.48 - 55.68 4,997,318 (30.24%) 37 (44.58%)
all (54.12%) 46 (69.74%) 11,527,082 52.48 - 55.76 5,001,618 (30.26%) 39 (45.88%)
ainsoph - 02 May 2003 13:08 - 306 of 498
This looks good and very promotable - the youngsters love big brother
O2 backs Big Brother 4 with 4.5m and new services
London, May 2 2003, (netimperative)
by Susie Harwood
Mobile operator O2 and Channel 4 are preparing for the launch of Big Brother 4, which promises to be the most interactive series yet with an even wider range of mobile services available.
For the second year running, O2 has agreed to be the exclusive broadcast sponsor for the show in a deal reportedly worth 4.5m. On top of the SMS voting, alerts and quizzes that proved to be popular last year, O2's Mobile Interactive Services operation will offer MMS services, that could prove to be a huge money-spinner thanks to the growing popularity of GPRS technology.
Viewers with MMS-enabled handsets will be able to receive enhanced news alerts 24 hours a day, containing pictures, text and exclusive images from the BB house, MMS screensavers, and a 3D 'talking heads' service that will enable them to download their favourite housemate to their phone.
In addition, fans with Nokia 3650 phones will be able to download video clips, following O2's announcement last month that it is trialling a new mobile video service. The new MMS services will cost between 50p and 1.50.
Other new mobile services include text polls throughout the duration of the show, a text quiz that provides fans with the chance to win prizes for the first time, a Java-based mobile Big Brother game, and a new colour icon-based WAP site.
Hugh Griffiths, Head of Data Products for O2 UK said: "The success of last year's Big Brother is a perfect illustration of what can be achieved when the right range of mobile data services are wrapped around a brand such as Big Brother."
2 May 2003: DATA: Big Brother 4 already a web hit
O2 backs Big Brother 4 with 4.5m and new services
London, May 2 2003, (netimperative)
by Susie Harwood
Mobile operator O2 and Channel 4 are preparing for the launch of Big Brother 4, which promises to be the most interactive series yet with an even wider range of mobile services available.
For the second year running, O2 has agreed to be the exclusive broadcast sponsor for the show in a deal reportedly worth 4.5m. On top of the SMS voting, alerts and quizzes that proved to be popular last year, O2's Mobile Interactive Services operation will offer MMS services, that could prove to be a huge money-spinner thanks to the growing popularity of GPRS technology.
Viewers with MMS-enabled handsets will be able to receive enhanced news alerts 24 hours a day, containing pictures, text and exclusive images from the BB house, MMS screensavers, and a 3D 'talking heads' service that will enable them to download their favourite housemate to their phone.
In addition, fans with Nokia 3650 phones will be able to download video clips, following O2's announcement last month that it is trialling a new mobile video service. The new MMS services will cost between 50p and 1.50.
Other new mobile services include text polls throughout the duration of the show, a text quiz that provides fans with the chance to win prizes for the first time, a Java-based mobile Big Brother game, and a new colour icon-based WAP site.
Hugh Griffiths, Head of Data Products for O2 UK said: "The success of last year's Big Brother is a perfect illustration of what can be achieved when the right range of mobile data services are wrapped around a brand such as Big Brother."
2 May 2003: DATA: Big Brother 4 already a web hit
stv
- 02 May 2003 13:48
- 307 of 498
Yes, US Non Farm Payrolls better than expected @ -48k vs -68. VOD stronger now. :)
ainsoph - 02 May 2003 14:26 - 308 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (65.71%) 23 (70.69%) 5,962,206 53.22 - 54.07 2,471,567 (29.31%) 12 (34.29%)
5% (65.91%) 29 (69.85%) 7,397,005 53.12 - 54.18 3,192,893 (30.15%) 15 (34.09%)
10% (65.57%) 40 (75.20%) 10,877,915 52.82 - 54.29 3,587,157 (24.80%) 21 (34.43%)
15% (61.64%) 45 (74.94%) 11,994,130 52.56 - 54.73 4,010,157 (25.06%) 28 (38.36%)
50% (58.23%) 46 (71.01%) 11,999,030 52.56 - 55.60 4,898,976 (28.99%) 33 (41.77%)
100% (57.65%) 49 (70.77%) 12,019,150 52.53 - 55.71 4,964,668 (29.23%) 36 (42.35%)
all (56.32%) 49 (70.75%) 12,019,150 52.53 - 55.79 4,968,968 (29.25%) 38 (43.68%)
shagnasty - 03 May 2003 20:58 - 309 of 498
Enough spam on this thread to choke a bile filled goat, Eh ains??
LOL!!!!!!!!!!!!
ps
are you the same ainsoph recently BANNED fron advfn , er twice?????
hahahahahahahahahahahahah
rotflmao
@ainsoph/KDC/RTShed/TT/colowe/MajorBile/Dollarbogger/Tris/yuff/Kingston Cowboy/
ESimpson/stv/--------and many , many more,
lets hope the hard disc is firewalled
LOL!!!!!!!!!!!!!!
ps ainsoph@blueyonder-yoohoo!!!!!!!!
LOL!!!!!!!!!!!!
ps
are you the same ainsoph recently BANNED fron advfn , er twice?????
hahahahahahahahahahahahah
rotflmao
@ainsoph/KDC/RTShed/TT/colowe/MajorBile/Dollarbogger/Tris/yuff/Kingston Cowboy/
ESimpson/stv/--------and many , many more,
lets hope the hard disc is firewalled
LOL!!!!!!!!!!!!!!
ps ainsoph@blueyonder-yoohoo!!!!!!!!
ainsoph - 05 May 2003 11:15 - 310 of 498
Jesus wepped ..... the spam is a little like SARS ..... spreading quickly
S Times ran an article on 'how to spot take over targets' ..... MM02 was one of the 6 companies talked about ....
ains
S Times ran an article on 'how to spot take over targets' ..... MM02 was one of the 6 companies talked about ....
ains
stv
- 06 May 2003 10:24
- 311 of 498
O2 looking quite strong today as FTSE hovers ~4000 level. US Futures improved.
ainsoph - 06 May 2003 10:28 - 312 of 498
yes ..... a interesting watershed - US futures positive - nas plus 5 dow plus 20
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.75%) 14 (50.94%) 2,379,677 54.23 - 55.01 2,291,907 (49.06%) 18 (56.25%)
5% (48.78%) 20 (53.90%) 3,126,681 54.07 - 55.08 2,673,686 (46.10%) 21 (51.22%)
10% (50.00%) 31 (58.26%) 4,364,064 53.78 - 55.26 3,127,088 (41.74%) 31 (50.00%)
15% (52.50%) 42 (60.11%) 5,565,918 53.23 - 55.82 3,693,192 (39.89%) 38 (47.50%)
50% (51.19%) 43 (54.86%) 5,570,818 53.22 - 56.83 4,584,546 (45.14%) 41 (48.81%)
100% (51.69%) 46 (54.67%) 5,590,938 53.16 - 56.92 4,635,238 (45.33%) 43 (48.31%)
all (51.11%) 46 (54.65%) 5,590,938 53.16 - 57.00 4,639,238 (45.35%) 44 (48.89%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.75%) 14 (50.94%) 2,379,677 54.23 - 55.01 2,291,907 (49.06%) 18 (56.25%)
5% (48.78%) 20 (53.90%) 3,126,681 54.07 - 55.08 2,673,686 (46.10%) 21 (51.22%)
10% (50.00%) 31 (58.26%) 4,364,064 53.78 - 55.26 3,127,088 (41.74%) 31 (50.00%)
15% (52.50%) 42 (60.11%) 5,565,918 53.23 - 55.82 3,693,192 (39.89%) 38 (47.50%)
50% (51.19%) 43 (54.86%) 5,570,818 53.22 - 56.83 4,584,546 (45.14%) 41 (48.81%)
100% (51.69%) 46 (54.67%) 5,590,938 53.16 - 56.92 4,635,238 (45.33%) 43 (48.31%)
all (51.11%) 46 (54.65%) 5,590,938 53.16 - 57.00 4,639,238 (45.35%) 44 (48.89%
stv
- 06 May 2003 14:09
- 313 of 498
L2 must have worsened. Both this & VOD are now struggling hence taking FTSE lower.
ainsoph - 06 May 2003 14:14 - 314 of 498
there was some adverse comment on the new police radio system this morning that may have had an effect
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.14%) 16 (56.62%) 1,716,143 53.26 - 54.06 1,314,924 (43.38%) 12 (42.86%)
5% (58.33%) 21 (43.13%) 1,915,999 53.20 - 54.32 2,526,354 (56.87%) 15 (41.67%)
10% (56.14%) 32 (30.77%) 2,168,490 53.03 - 54.80 4,878,399 (69.23%) 25 (43.86%)
15% (50.00%) 35 (30.22%) 2,391,090 52.76 - 55.24 5,521,999 (69.78%) 35 (50.00%)
50% (48.00%) 36 (30.18%) 2,395,990 52.75 - 55.26 5,543,303 (69.82%) 39 (52.00%)
100% (48.15%) 39 (30.11%) 2,416,110 52.60 - 55.37 5,608,995 (69.89%) 42 (51.85%)
all (47.56%) 39 (30.09%) 2,416,110 52.60 - 55.43 5,612,995 (69.91%) 43 (52.44%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.14%) 16 (56.62%) 1,716,143 53.26 - 54.06 1,314,924 (43.38%) 12 (42.86%)
5% (58.33%) 21 (43.13%) 1,915,999 53.20 - 54.32 2,526,354 (56.87%) 15 (41.67%)
10% (56.14%) 32 (30.77%) 2,168,490 53.03 - 54.80 4,878,399 (69.23%) 25 (43.86%)
15% (50.00%) 35 (30.22%) 2,391,090 52.76 - 55.24 5,521,999 (69.78%) 35 (50.00%)
50% (48.00%) 36 (30.18%) 2,395,990 52.75 - 55.26 5,543,303 (69.82%) 39 (52.00%)
100% (48.15%) 39 (30.11%) 2,416,110 52.60 - 55.37 5,608,995 (69.89%) 42 (51.85%)
all (47.56%) 39 (30.09%) 2,416,110 52.60 - 55.43 5,612,995 (69.91%) 43 (52.44%)
stv
- 06 May 2003 14:57
- 315 of 498
Now demonstrating volumes necessary for FTSE safely above 4000. L2 far stronger.
ainsoph - 06 May 2003 14:59 - 316 of 498
US is helping .....
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 14 (33.11%) 1,710,552 53.91 - 54.65 3,455,235 (66.89%) 14 (50.00%)
5% (57.58%) 19 (47.78%) 3,160,989 53.68 - 54.65 3,455,235 (52.22%) 14 (42.42%)
10% (55.77%) 29 (48.62%) 3,653,544 53.55 - 54.80 3,860,735 (51.38%) 23 (44.23%)
15% (56.92%) 37 (47.24%) 3,961,644 53.31 - 55.32 4,424,735 (52.76%) 28 (43.08%)
50% (53.52%) 38 (47.07%) 3,966,544 53.30 - 55.36 4,461,039 (52.93%) 33 (46.48%)
100% (53.95%) 41 (46.91%) 3,986,664 53.21 - 55.47 4,511,731 (53.09%) 35 (46.05%)
all (53.25%) 41 (46.89%) 3,986,664 53.21 - 55.56 4,515,731 (53.11%) 36 (46.75%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 14 (33.11%) 1,710,552 53.91 - 54.65 3,455,235 (66.89%) 14 (50.00%)
5% (57.58%) 19 (47.78%) 3,160,989 53.68 - 54.65 3,455,235 (52.22%) 14 (42.42%)
10% (55.77%) 29 (48.62%) 3,653,544 53.55 - 54.80 3,860,735 (51.38%) 23 (44.23%)
15% (56.92%) 37 (47.24%) 3,961,644 53.31 - 55.32 4,424,735 (52.76%) 28 (43.08%)
50% (53.52%) 38 (47.07%) 3,966,544 53.30 - 55.36 4,461,039 (52.93%) 33 (46.48%)
100% (53.95%) 41 (46.91%) 3,986,664 53.21 - 55.47 4,511,731 (53.09%) 35 (46.05%)
all (53.25%) 41 (46.89%) 3,986,664 53.21 - 55.56 4,515,731 (53.11%) 36 (46.75%)
stv
- 06 May 2003 15:47
- 317 of 498
What's L2 showing? This has now really taken off. Missed out on buying yet again.
ainsoph - 06 May 2003 15:53 - 318 of 498
hmmmmmmm ......
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (60.00%) 18 (78.23%) 3,923,731 54.61 - 55.14 1,091,956 (21.77%) 12 (40.00%)
5% (60.53%) 23 (77.58%) 4,848,731 54.45 - 55.33 1,401,056 (22.42%) 15 (39.47%)
10% (59.32%) 35 (81.16%) 6,657,023 54.13 - 55.48 1,545,656 (18.84%) 24 (40.68%)
15% (60.00%) 45 (77.07%) 6,999,823 53.95 - 56.39 2,082,760 (22.93%) 30 (40.00%)
50% (59.74%) 46 (76.95%) 7,004,723 53.95 - 56.43 2,097,760 (23.05%) 31 (40.26%)
100% (59.76%) 49 (76.58%) 7,024,843 53.90 - 56.63 2,148,452 (23.42%) 33 (40.24%)
all (59.04%) 49 (76.55%) 7,024,843 53.90 - 56.81 2,152,452 (23.45%) 34 (40.96%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (60.00%) 18 (78.23%) 3,923,731 54.61 - 55.14 1,091,956 (21.77%) 12 (40.00%)
5% (60.53%) 23 (77.58%) 4,848,731 54.45 - 55.33 1,401,056 (22.42%) 15 (39.47%)
10% (59.32%) 35 (81.16%) 6,657,023 54.13 - 55.48 1,545,656 (18.84%) 24 (40.68%)
15% (60.00%) 45 (77.07%) 6,999,823 53.95 - 56.39 2,082,760 (22.93%) 30 (40.00%)
50% (59.74%) 46 (76.95%) 7,004,723 53.95 - 56.43 2,097,760 (23.05%) 31 (40.26%)
100% (59.76%) 49 (76.58%) 7,024,843 53.90 - 56.63 2,148,452 (23.42%) 33 (40.24%)
all (59.04%) 49 (76.55%) 7,024,843 53.90 - 56.81 2,152,452 (23.45%) 34 (40.96%)
stv
- 06 May 2003 16:06
- 319 of 498
Can't believe how strong this is, previously level with VOD. Big painful regrets.
ainsoph - 06 May 2003 16:11 - 320 of 498
I like these in preference to VOD - always good chance of m+a activity
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (48.28%) 14 (71.37%) 2,715,710 54.88 - 55.65 1,089,455 (28.63%) 15 (51.72%)
5% (51.28%) 20 (74.76%) 4,361,118 54.73 - 55.87 1,472,144 (25.24%) 19 (48.72%)
10% (57.38%) 35 (81.52%) 6,967,068 54.25 - 55.97 1,579,044 (18.48%) 26 (42.62%)
15% (60.26%) 47 (77.75%) 7,341,423 54.07 - 56.73 2,100,348 (22.25%) 31 (39.74%)
50% (60.00%) 48 (77.64%) 7,346,323 54.06 - 56.77 2,115,348 (22.36%) 32 (40.00%)
100% (60.00%) 51 (77.28%) 7,366,443 54.01 - 56.96 2,166,040 (22.72%) 34 (40.00%)
all (59.30%) 51 (77.24%) 7,366,443 54.01 - 57.13 2,170,040 (22.76%) 35 (40.70%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (48.28%) 14 (71.37%) 2,715,710 54.88 - 55.65 1,089,455 (28.63%) 15 (51.72%)
5% (51.28%) 20 (74.76%) 4,361,118 54.73 - 55.87 1,472,144 (25.24%) 19 (48.72%)
10% (57.38%) 35 (81.52%) 6,967,068 54.25 - 55.97 1,579,044 (18.48%) 26 (42.62%)
15% (60.26%) 47 (77.75%) 7,341,423 54.07 - 56.73 2,100,348 (22.25%) 31 (39.74%)
50% (60.00%) 48 (77.64%) 7,346,323 54.06 - 56.77 2,115,348 (22.36%) 32 (40.00%)
100% (60.00%) 51 (77.28%) 7,366,443 54.01 - 56.96 2,166,040 (22.72%) 34 (40.00%)
all (59.30%) 51 (77.24%) 7,366,443 54.01 - 57.13 2,170,040 (22.76%) 35 (40.70%
ainsoph - 06 May 2003 21:08 - 321 of 498
ABN Amro raised its price target on mmO2 to 65p from 47p and told those willing to listen that the much rumoured sale of the group's German unit to KPN is very much on the cards. ABN believes KPN is willing to pay between 1.2bn and 1.6bn for the unit.
Pre-pay mobile users punished bbc news
Contract customers get a better deal
The Consumers' Association has warned of the heavy costs paid by pre-pay customers using their mobile phone from abroad.
Pre-pay customers will usually pay much more to make and receive calls abroad than those that pay monthly. according to the Consumers' Association.
Holiday Which magazine found that pre-pay users with Orange are charged double the monthly customers' rates to phone home or receive calls from the UK while on holiday, as a result making a five minute call home from Europe costs 6 rather than 3.
In one case, pre-pay Vodaphone users are charged 9.95 for receiving a five minute call from the USA.
Pre-pay v Monthly mobile charges
Cost of five minute call to UK from Europe
O2 4.75 (Monthly) 7.45 (Prepay)
Orange 1.50 (Monthly) 3 (Pre-pay)
T-Mobile 3.50 (Monthly) 5 (Prepay)
Vodafone 3.75 (Monthly) 3.75 (Pre-pay)
Source: Holiday Which magazine
Industry regulator, Oftel is currently investigating the pre-pay phone charges market.
"The cost of that mobile 'wish you were here' call home has caught out many holidaymakers...If you fail to plan in advance, your tan may turn pale when the bill arrives," Patricia Yates, editor of Holiday Which said.
Instead, the Consumers' Association urges mobile phone users to consider the merits of phone cards. These, they say, offer much cheaper rates - a s low as 7p a minute for a call from France.
However, Holiday Which admits that the convenience of having a mobile abroad can be hard to beat.
Pre-pay mobile users punished bbc news
Contract customers get a better deal
The Consumers' Association has warned of the heavy costs paid by pre-pay customers using their mobile phone from abroad.
Pre-pay customers will usually pay much more to make and receive calls abroad than those that pay monthly. according to the Consumers' Association.
Holiday Which magazine found that pre-pay users with Orange are charged double the monthly customers' rates to phone home or receive calls from the UK while on holiday, as a result making a five minute call home from Europe costs 6 rather than 3.
In one case, pre-pay Vodaphone users are charged 9.95 for receiving a five minute call from the USA.
Pre-pay v Monthly mobile charges
Cost of five minute call to UK from Europe
O2 4.75 (Monthly) 7.45 (Prepay)
Orange 1.50 (Monthly) 3 (Pre-pay)
T-Mobile 3.50 (Monthly) 5 (Prepay)
Vodafone 3.75 (Monthly) 3.75 (Pre-pay)
Source: Holiday Which magazine
Industry regulator, Oftel is currently investigating the pre-pay phone charges market.
"The cost of that mobile 'wish you were here' call home has caught out many holidaymakers...If you fail to plan in advance, your tan may turn pale when the bill arrives," Patricia Yates, editor of Holiday Which said.
Instead, the Consumers' Association urges mobile phone users to consider the merits of phone cards. These, they say, offer much cheaper rates - a s low as 7p a minute for a call from France.
However, Holiday Which admits that the convenience of having a mobile abroad can be hard to beat.
stv
- 07 May 2003 08:11
- 322 of 498
Hi Ains. Can you provide L2 for VOD & OOM. Both seem to be strengthening now. Thanks.
ainsoph - 07 May 2003 08:12 - 323 of 498
hi
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (42.86%) 6 (29.22%) 461,386 55.32 - 56.36 1,117,367 (70.78%) 8 (57.14%)
5% (35.29%) 6 (28.54%) 461,386 55.32 - 56.38 1,155,367 (71.46%) 11 (64.71%)
10% (45.45%) 15 (57.43%) 1,699,545 53.82 - 56.50 1,259,567 (42.57%) 18 (54.55%)
15% (52.17%) 24 (61.43%) 2,040,445 53.32 - 56.56 1,280,871 (38.57%) 22 (47.83%)
50% (50.00%) 25 (48.52%) 2,045,345 53.31 - 58.99 2,170,030 (51.48%) 25 (50.00%)
100% (50.91%) 28 (48.19%) 2,065,465 53.13 - 59.13 2,220,722 (51.81%) 27 (49.09%)
all (50.00%) 28 (48.14%) 2,065,465 53.13 - 59.29 2,224,722 (51.86%) 28 (50.00%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 24 (46.62%) 6,358,564 122.74 - 124.07 7,280,818 (53.38%) 24 (50.00%)
5% (47.46%) 28 (43.41%) 6,788,564 122.65 - 124.26 8,851,077 (56.59%) 31 (52.54%)
10% (43.61%) 58 (43.68%) 9,844,252 121.44 - 125.33 12,694,018 (56.32%) 75 (56.39%)
15% (46.31%) 94 (44.29%) 13,917,157 119.49 - 127.13 17,507,060 (55.71%) 109 (53.69%)
50% (47.01%) 110 (45.64%) 15,461,204 118.52 - 127.76 18,414,450 (54.36%) 124 (52.99%)
100% (46.64%) 125 (45.81%) 15,750,003 118.09 - 128.10 18,627,932 (54.19%) 143 (53.36%)
all (45.45%) 125 (45.77%) 15,750,003 118.09 - 128.40 18,664,130 (54.23%) 150 (54.55%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (42.86%) 6 (29.22%) 461,386 55.32 - 56.36 1,117,367 (70.78%) 8 (57.14%)
5% (35.29%) 6 (28.54%) 461,386 55.32 - 56.38 1,155,367 (71.46%) 11 (64.71%)
10% (45.45%) 15 (57.43%) 1,699,545 53.82 - 56.50 1,259,567 (42.57%) 18 (54.55%)
15% (52.17%) 24 (61.43%) 2,040,445 53.32 - 56.56 1,280,871 (38.57%) 22 (47.83%)
50% (50.00%) 25 (48.52%) 2,045,345 53.31 - 58.99 2,170,030 (51.48%) 25 (50.00%)
100% (50.91%) 28 (48.19%) 2,065,465 53.13 - 59.13 2,220,722 (51.81%) 27 (49.09%)
all (50.00%) 28 (48.14%) 2,065,465 53.13 - 59.29 2,224,722 (51.86%) 28 (50.00%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 24 (46.62%) 6,358,564 122.74 - 124.07 7,280,818 (53.38%) 24 (50.00%)
5% (47.46%) 28 (43.41%) 6,788,564 122.65 - 124.26 8,851,077 (56.59%) 31 (52.54%)
10% (43.61%) 58 (43.68%) 9,844,252 121.44 - 125.33 12,694,018 (56.32%) 75 (56.39%)
15% (46.31%) 94 (44.29%) 13,917,157 119.49 - 127.13 17,507,060 (55.71%) 109 (53.69%)
50% (47.01%) 110 (45.64%) 15,461,204 118.52 - 127.76 18,414,450 (54.36%) 124 (52.99%)
100% (46.64%) 125 (45.81%) 15,750,003 118.09 - 128.10 18,627,932 (54.19%) 143 (53.36%)
all (45.45%) 125 (45.77%) 15,750,003 118.09 - 128.40 18,664,130 (54.23%) 150 (54.55%)
ainsoph - 07 May 2003 08:28 - 324 of 498
Goldman Sachs lifts 2003/4 fiscal year eps forecast with outperform rating -
stv
- 07 May 2003 08:31
- 325 of 498
Has L2 for VOD & OOM just weakened. What level do you think they will go down to?
ainsoph - 07 May 2003 08:36 - 326 of 498
Intraday chart is falling at this time ...... difficult to predict how far .... US futures are already below fair value - sector is down 0.77%
%
%
stv
- 07 May 2003 08:48
- 327 of 498
So do you believe today will be a -ve day for both UK & US markets or will it pickup. Can you provide updated L2 for both, weakness was brief then recovery.
ainsoph - 07 May 2003 08:54 - 328 of 498
I think it will get better at the moment but suspect it will get worse on OOM first
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (61.54%) 8 (52.60%) 643,950 55.00 - 55.76 580,401 (47.40%) 5 (38.46%)
5% (45.00%) 9 (33.18%) 693,950 54.96 - 56.17 1,397,768 (66.82%) 11 (55.00%)
10% (51.22%) 21 (58.04%) 2,109,509 53.82 - 56.28 1,524,768 (41.96%) 20 (48.78%)
15% (52.83%) 28 (60.62%) 2,403,009 53.42 - 56.35 1,561,272 (39.38%) 25 (47.17%)
50% (50.88%) 29 (49.56%) 2,407,909 53.41 - 58.58 2,450,431 (50.44%) 28 (49.12%)
100% (51.61%) 32 (49.26%) 2,428,029 53.26 - 58.71 2,501,123 (50.74%) 30 (48.39%)
all (50.79%) 32 (49.22%) 2,428,029 53.26 - 58.86 2,505,123 (50.78%) 31 (49.21%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (35.56%) 16 (41.92%) 3,404,276 121.62 - 122.79 4,717,053 (58.08%) 29 (64.44%)
5% (35.44%) 28 (27.04%) 4,966,905 121.17 - 123.62 13,402,570 (72.96%) 51 (64.56%)
10% (40.94%) 61 (27.93%) 7,296,250 120.14 - 124.40 18,827,064 (72.07%) 88 (59.06%)
15% (41.67%) 95 (34.38%) 12,570,767 117.29 - 125.77 23,998,490 (65.62%) 133 (58.33%)
50% (40.38%) 105 (33.03%) 12,681,692 117.18 - 126.54 25,710,804 (66.97%) 155 (59.62%)
100% (40.48%) 119 (33.28%) 12,934,891 116.73 - 126.81 25,935,988 (66.72%) 175 (59.52%)
all (39.53%) 119 (33.25%) 12,934,891 116.73 - 127.03 25,972,184 (66.75%) 182 (60.47%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (61.54%) 8 (52.60%) 643,950 55.00 - 55.76 580,401 (47.40%) 5 (38.46%)
5% (45.00%) 9 (33.18%) 693,950 54.96 - 56.17 1,397,768 (66.82%) 11 (55.00%)
10% (51.22%) 21 (58.04%) 2,109,509 53.82 - 56.28 1,524,768 (41.96%) 20 (48.78%)
15% (52.83%) 28 (60.62%) 2,403,009 53.42 - 56.35 1,561,272 (39.38%) 25 (47.17%)
50% (50.88%) 29 (49.56%) 2,407,909 53.41 - 58.58 2,450,431 (50.44%) 28 (49.12%)
100% (51.61%) 32 (49.26%) 2,428,029 53.26 - 58.71 2,501,123 (50.74%) 30 (48.39%)
all (50.79%) 32 (49.22%) 2,428,029 53.26 - 58.86 2,505,123 (50.78%) 31 (49.21%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (35.56%) 16 (41.92%) 3,404,276 121.62 - 122.79 4,717,053 (58.08%) 29 (64.44%)
5% (35.44%) 28 (27.04%) 4,966,905 121.17 - 123.62 13,402,570 (72.96%) 51 (64.56%)
10% (40.94%) 61 (27.93%) 7,296,250 120.14 - 124.40 18,827,064 (72.07%) 88 (59.06%)
15% (41.67%) 95 (34.38%) 12,570,767 117.29 - 125.77 23,998,490 (65.62%) 133 (58.33%)
50% (40.38%) 105 (33.03%) 12,681,692 117.18 - 126.54 25,710,804 (66.97%) 155 (59.62%)
100% (40.48%) 119 (33.28%) 12,934,891 116.73 - 126.81 25,935,988 (66.72%) 175 (59.52%)
all (39.53%) 119 (33.25%) 12,934,891 116.73 - 127.03 25,972,184 (66.75%) 182 (60.47%)
ainsoph - 07 May 2003 09:58 - 329 of 498
market and shares starting to turn I think
ainsoph - 07 May 2003 09:58 - 330 of 498
market and shares starting to turn I think
stv
- 07 May 2003 10:26
- 331 of 498
Please provide updated L2 for both, brief weakness now recovery. Missed out again.
ainsoph - 07 May 2003 10:36 - 332 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (54.84%) 17 (46.76%) 1,253,858 55.06 - 55.82 1,427,812 (53.24%) 14 (45.16%)
5% (48.84%) 21 (39.86%) 1,696,973 54.91 - 56.11 2,560,247 (60.14%) 22 (51.16%)
10% (52.24%) 35 (52.42%) 3,276,905 54.14 - 56.25 2,974,277 (47.58%) 32 (47.76%)
15% (53.16%) 42 (54.25%) 3,570,405 53.85 - 56.29 3,010,781 (45.75%) 37 (46.84%)
50% (51.81%) 43 (47.83%) 3,575,305 53.84 - 57.70 3,899,940 (52.17%) 40 (48.19%)
100% (52.27%) 46 (47.65%) 3,595,425 53.73 - 57.80 3,950,632 (52.35%) 42 (47.73%)
all (51.69%) 46 (47.62%) 3,595,425 53.73 - 57.89 3,954,632 (52.38%) 43 (48.31%
stv
- 07 May 2003 10:59
- 333 of 498
It has improved from morning levels. Can you provide the L2 data for VOD also?
ainsoph - 07 May 2003 11:00 - 334 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.05%) 35 (40.67%) 6,433,084 121.80 - 122.84 9,386,325 (59.33%) 41 (53.95%)
5% (46.43%) 52 (37.79%) 10,380,584 121.37 - 123.42 17,086,208 (62.21%) 60 (53.57%)
10% (45.99%) 86 (35.85%) 12,975,233 120.75 - 124.23 23,222,700 (64.15%) 101 (54.01%)
15% (44.87%) 118 (37.31%) 16,893,252 119.34 - 125.53 28,385,724 (62.69%) 145 (55.13%)
50% (52.35%) 189 (40.00%) 19,919,048 117.61 - 126.15 29,879,488 (60.00%) 172 (47.65%)
100% (51.39%) 203 (40.12%) 20,172,248 117.31 - 126.38 30,104,672 (59.88%) 192 (48.61%)
all (50.50%) 203 (40.09%) 20,172,248 117.31 - 126.57 30,140,868 (59.91%) 199 (49.50%
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.05%) 35 (40.67%) 6,433,084 121.80 - 122.84 9,386,325 (59.33%) 41 (53.95%)
5% (46.43%) 52 (37.79%) 10,380,584 121.37 - 123.42 17,086,208 (62.21%) 60 (53.57%)
10% (45.99%) 86 (35.85%) 12,975,233 120.75 - 124.23 23,222,700 (64.15%) 101 (54.01%)
15% (44.87%) 118 (37.31%) 16,893,252 119.34 - 125.53 28,385,724 (62.69%) 145 (55.13%)
50% (52.35%) 189 (40.00%) 19,919,048 117.61 - 126.15 29,879,488 (60.00%) 172 (47.65%)
100% (51.39%) 203 (40.12%) 20,172,248 117.31 - 126.38 30,104,672 (59.88%) 192 (48.61%)
all (50.50%) 203 (40.09%) 20,172,248 117.31 - 126.57 30,140,868 (59.91%) 199 (49.50%
stv
- 07 May 2003 12:10
- 335 of 498
Pls provide updated L2 for VOD & OOM. Missed out by not placing orders earlier.
ainsoph - 07 May 2003 12:18 - 336 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (48.39%) 15 (34.76%) 1,224,275 55.04 - 55.74 2,297,709 (65.24%) 16 (51.61%)
5% (45.24%) 19 (33.03%) 1,667,390 54.89 - 55.98 3,380,144 (66.97%) 23 (54.76%)
10% (50.00%) 33 (46.12%) 3,247,322 54.13 - 56.10 3,794,174 (53.88%) 33 (50.00%)
15% (51.28%) 40 (48.03%) 3,540,822 53.83 - 56.14 3,830,678 (51.97%) 38 (48.72%)
50% (50.00%) 41 (42.90%) 3,545,722 53.82 - 57.33 4,719,837 (57.10%) 41 (50.00%)
100% (50.57%) 44 (42.77%) 3,565,842 53.72 - 57.41 4,770,529 (57.23%) 43 (49.43%)
all (49.44%) 44 (42.72%) 3,565,842 53.72 - 57.53 4,781,576 (57.28%) 45 (50.56%
stv
- 07 May 2003 12:27
- 337 of 498
Why is the stock not falling further if the L2 is looking this weak should be <55?
ainsoph - 07 May 2003 12:38 - 338 of 498
markets are up ..... OOM looks like it will break north anytime
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.98%) 49 (53.18%) 7,493,062 122.27 - 123.62 6,597,756 (46.82%) 37 (43.02%)
5% (52.99%) 62 (51.84%) 12,643,562 121.81 - 124.02 11,743,943 (48.16%) 55 (47.01%)
10% (49.03%) 101 (48.67%) 16,041,211 121.15 - 124.90 16,918,208 (51.33%) 105 (50.97%)
15% (47.87%) 135 (47.05%) 20,012,106 119.87 - 126.62 22,522,700 (52.95%) 147 (52.13%)
50% (55.77%) 203 (49.54%) 22,987,548 118.33 - 127.12 23,418,390 (50.46%) 161 (44.23%)
100% (54.86%) 220 (49.62%) 23,291,100 118.04 - 127.41 23,643,572 (50.38%) 181 (45.14%)
all (53.92%) 220 (49.59%) 23,291,100 118.04 - 127.64 23,679,770 (50.41%) 188 (46.08%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.98%) 49 (53.18%) 7,493,062 122.27 - 123.62 6,597,756 (46.82%) 37 (43.02%)
5% (52.99%) 62 (51.84%) 12,643,562 121.81 - 124.02 11,743,943 (48.16%) 55 (47.01%)
10% (49.03%) 101 (48.67%) 16,041,211 121.15 - 124.90 16,918,208 (51.33%) 105 (50.97%)
15% (47.87%) 135 (47.05%) 20,012,106 119.87 - 126.62 22,522,700 (52.95%) 147 (52.13%)
50% (55.77%) 203 (49.54%) 22,987,548 118.33 - 127.12 23,418,390 (50.46%) 161 (44.23%)
100% (54.86%) 220 (49.62%) 23,291,100 118.04 - 127.41 23,643,572 (50.38%) 181 (45.14%)
all (53.92%) 220 (49.59%) 23,291,100 118.04 - 127.64 23,679,770 (50.41%) 188 (46.08%)
stv
- 07 May 2003 13:26
- 339 of 498
Has VOD L2 got far worse? Hastily got in again, should've cancelled order on news.
ainsoph - 07 May 2003 13:29 - 340 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (49.15%) 29 (53.82%) 5,696,533 120.90 - 122.08 4,888,750 (46.18%) 30 (50.85%)
5% (40.52%) 47 (36.06%) 7,423,397 120.62 - 122.78 13,161,596 (63.94%) 69 (59.48%)
10% (40.10%) 77 (28.77%) 9,675,382 119.83 - 123.79 23,959,524 (71.23%) 115 (59.90%)
15% (39.35%) 109 (32.66%) 14,533,799 117.60 - 125.09 29,970,216 (67.34%) 168 (60.65%)
50% (47.53%) 173 (34.01%) 16,090,872 116.47 - 125.48 31,218,350 (65.99%) 191 (52.47%)
100% (46.29%) 187 (33.61%) 16,344,071 116.12 - 126.08 32,281,942 (66.39%) 217 (53.71%)
all (45.50%) 187 (33.59%) 16,344,071 116.12 - 126.25 32,318,140 (66.41%) 224 (54.50%
stv
- 07 May 2003 14:25
- 341 of 498
Has VOD L2 got even more worse? MMO2 seems to be holding up while this is tanking.
ainsoph - 07 May 2003 14:28 - 342 of 498
not looking at vod but oom has started ticking back up
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.25%) 45 (59.87%) 7,431,997 119.40 - 120.54 4,980,894 (40.13%) 35 (43.75%)
5% (50.77%) 66 (49.96%) 9,694,707 119.07 - 121.12 9,709,645 (50.04%) 64 (49.23%)
10% (43.11%) 97 (33.42%) 13,772,092 118.04 - 122.92 27,440,888 (66.58%) 128 (56.89%)
15% (38.19%) 118 (32.35%) 16,201,059 117.02 - 124.07 33,885,340 (67.65%) 191 (61.81%)
50% (45.82%) 181 (32.90%) 17,791,244 116.02 - 124.72 36,284,696 (67.10%) 214 (54.18%)
100% (44.16%) 193 (32.50%) 17,991,280 115.75 - 125.26 37,359,864 (67.50%) 244 (55.84%)
all (43.50%) 194 (32.48%) 17,991,282 115.75 - 125.42 37,396,064 (67.52%) 252 (56.50%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.25%) 45 (59.87%) 7,431,997 119.40 - 120.54 4,980,894 (40.13%) 35 (43.75%)
5% (50.77%) 66 (49.96%) 9,694,707 119.07 - 121.12 9,709,645 (50.04%) 64 (49.23%)
10% (43.11%) 97 (33.42%) 13,772,092 118.04 - 122.92 27,440,888 (66.58%) 128 (56.89%)
15% (38.19%) 118 (32.35%) 16,201,059 117.02 - 124.07 33,885,340 (67.65%) 191 (61.81%)
50% (45.82%) 181 (32.90%) 17,791,244 116.02 - 124.72 36,284,696 (67.10%) 214 (54.18%)
100% (44.16%) 193 (32.50%) 17,991,280 115.75 - 125.26 37,359,864 (67.50%) 244 (55.84%)
all (43.50%) 194 (32.48%) 17,991,282 115.75 - 125.42 37,396,064 (67.52%) 252 (56.50%
ainsoph - 07 May 2003 15:02 - 343 of 498
at a 24 hour low at this time
ainsoph - 07 May 2003 15:23 - 344 of 498
looks like we are bouncing from the low
stv
- 08 May 2003 12:09
- 345 of 498
L2 weak? BOE left rates unchanged perhaps ECB will lower. Markets at day lows.
ainsoph - 08 May 2003 12:33 - 346 of 498
Not looking good Short Term but look at volumes on market and on OOM .... low on a down day ...
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (53.13%) 17 (48.55%) 1,525,936 53.35 - 53.94 1,617,175 (51.45%) 15 (46.88%)
5% (60.47%) 26 (65.16%) 3,596,833 52.96 - 54.04 1,923,425 (34.84%) 17 (39.53%)
10% (57.38%) 35 (60.58%) 3,782,557 52.90 - 54.29 2,461,749 (39.42%) 26 (42.62%)
15% (56.72%) 38 (61.42%) 4,005,357 52.74 - 54.34 2,516,149 (38.58%) 29 (43.28%)
50% (54.29%) 38 (61.25%) 4,005,357 52.74 - 54.38 2,534,453 (38.75%) 32 (45.71%)
100% (52.56%) 41 (53.76%) 4,025,477 52.66 - 56.53 3,462,258 (46.24%) 37 (47.44%)
all (51.90%) 41 (53.73%) 4,025,477 52.66 - 56.64 3,466,258 (46.27%) 38 (48.10%
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (53.13%) 17 (48.55%) 1,525,936 53.35 - 53.94 1,617,175 (51.45%) 15 (46.88%)
5% (60.47%) 26 (65.16%) 3,596,833 52.96 - 54.04 1,923,425 (34.84%) 17 (39.53%)
10% (57.38%) 35 (60.58%) 3,782,557 52.90 - 54.29 2,461,749 (39.42%) 26 (42.62%)
15% (56.72%) 38 (61.42%) 4,005,357 52.74 - 54.34 2,516,149 (38.58%) 29 (43.28%)
50% (54.29%) 38 (61.25%) 4,005,357 52.74 - 54.38 2,534,453 (38.75%) 32 (45.71%)
100% (52.56%) 41 (53.76%) 4,025,477 52.66 - 56.53 3,462,258 (46.24%) 37 (47.44%)
all (51.90%) 41 (53.73%) 4,025,477 52.66 - 56.64 3,466,258 (46.27%) 38 (48.10%
ainsoph - 09 May 2003 11:50 - 347 of 498
Nice stepped move northwards from around 945 yesterday morning - still continuing as market and sector improve
ainsoph - 10 May 2003 10:07 - 348 of 498
May 10, 2003
Tempus
Mobiles are the pick of the mix
By Dan Sabbagh
HAVE the lines gone dead? After four years of heady excitement, the telecoms industry has gone on hold. A succession of corporate crises starting with BT and ending with Cable & Wireless has come to a halt, and the industrys survivors are too poor to do any more than fantasise about acquisitions.
Todays mantra is free cashflow generation the sensible, if worthy, emphasis on growing profits every year. It is great for dividends, but not for headlines, which makes it exactly the right time to think about buying into the sector.
After three years of relentless share price falls, valuations look reasonable. This year, as the graph shows, the telecoms sector has outperformed the FTSE all-share average. The forthcoming results season is likely to see more earnings surprises, and there is no reason why in well-managed companies the share-price momentum will not continue.
The mobile sector is more attractive to risk averse investors, because competition is limited. With penetration levels running at 70 per cent plus across Europe there is no room for new entrants. Even the third-generation innovator, 3, with its neat new videophones, will fail to win enough customers despite the deep pockets of parent Hutchison Whampoa.
That does not mean that the third-generation will let down the established operators. They badly need the extra voice capacity, but demand for new internet services is growing although it is in its infancy. Revenue growth will continue, but its pace will moderate into low single digits. Earnings, however, will grow faster as operators squeeze costs this year and next, and capital investment thereafter as the third generation build-out slows.
Vodafone is capable of increasing earnings by 8 per cent compound over the next five years, and will generate at least 5 billion of cash annually after all costs. Yet the company pays out only 1.1 billion a year on a dividend that yields 1.3 per cent; there is plenty of room for dividend increases if the acquisitions stop. Vodafones management has repeatedly outperformed profit expectations, and the stock is a core holding, with international reach cushioning any local problems. MmO2 offers more reward, although, unlike Vodafone, the groups subscale German operation means that it will not make profits until the second half of this decade. That would change overnight if mmO2 could sell, or better still, merge in Germany, with the slightly larger number three business in the country owned by Dutch group KPN. MmO2s share of an enlarged German business would be about 35 per cent. Group losses would turn to profits of 300 million plus. Management is showing willingness to double up with the Dutch, but can the egos on each side agree?
Orange is probably the least attractive of the three because, despite its strengths in the UK and France, it is highly valued and uncertainty still remains about the companys relationship with its parent France Tom. The picture will clear a little in June when Solomon Trujillo, the new chief executive, unveils his strategy.
The fixed-line segment, BT apart, is more risky. Competition remains intense, and players who were stricken are returning. Pricing is still declining in international segments, but within the UK, in absolute terms, the falls are now manageable.BT itself is solidly profitable, yielding 3.2 per cent, and the worries about the health of its pension fund are overdone. A push into IT services is proving successful, but it is not clear that this will generate enough revenue growth to make up for the lack of a mobile business. The company is performing well, but not excitingly enough to justify a rating beyond hold.
Cable & Wireless has enough cash to see it through the inevitable next restructuring in the US. That is likely to cost less than expected, which is good in the short term, but the companys exposure to the most competitive parts of the market means long-term improvement is far off.
Cable and cable, meanwhile, is still a mess. Customer service is appalling. The restructured NTL carries too much debt. Telewest is better, once it too restructures, but the story comes together only in a merger that will save 300 million a year.
As for the rest, COLT is years away from becoming not very profitable, while Kingston Communications is struggling to expand outside Hull. Both should be avoided, although neither face the problems of the overindebted (and now private) Energis, which will battle to convince its lenders that it is viable. The exception, however, is Thus, which is well on its way to turning profitable next year. and whose shares could double from present levels if it does so.
Tempus
Mobiles are the pick of the mix
By Dan Sabbagh
HAVE the lines gone dead? After four years of heady excitement, the telecoms industry has gone on hold. A succession of corporate crises starting with BT and ending with Cable & Wireless has come to a halt, and the industrys survivors are too poor to do any more than fantasise about acquisitions.
Todays mantra is free cashflow generation the sensible, if worthy, emphasis on growing profits every year. It is great for dividends, but not for headlines, which makes it exactly the right time to think about buying into the sector.
After three years of relentless share price falls, valuations look reasonable. This year, as the graph shows, the telecoms sector has outperformed the FTSE all-share average. The forthcoming results season is likely to see more earnings surprises, and there is no reason why in well-managed companies the share-price momentum will not continue.
The mobile sector is more attractive to risk averse investors, because competition is limited. With penetration levels running at 70 per cent plus across Europe there is no room for new entrants. Even the third-generation innovator, 3, with its neat new videophones, will fail to win enough customers despite the deep pockets of parent Hutchison Whampoa.
That does not mean that the third-generation will let down the established operators. They badly need the extra voice capacity, but demand for new internet services is growing although it is in its infancy. Revenue growth will continue, but its pace will moderate into low single digits. Earnings, however, will grow faster as operators squeeze costs this year and next, and capital investment thereafter as the third generation build-out slows.
Vodafone is capable of increasing earnings by 8 per cent compound over the next five years, and will generate at least 5 billion of cash annually after all costs. Yet the company pays out only 1.1 billion a year on a dividend that yields 1.3 per cent; there is plenty of room for dividend increases if the acquisitions stop. Vodafones management has repeatedly outperformed profit expectations, and the stock is a core holding, with international reach cushioning any local problems. MmO2 offers more reward, although, unlike Vodafone, the groups subscale German operation means that it will not make profits until the second half of this decade. That would change overnight if mmO2 could sell, or better still, merge in Germany, with the slightly larger number three business in the country owned by Dutch group KPN. MmO2s share of an enlarged German business would be about 35 per cent. Group losses would turn to profits of 300 million plus. Management is showing willingness to double up with the Dutch, but can the egos on each side agree?
Orange is probably the least attractive of the three because, despite its strengths in the UK and France, it is highly valued and uncertainty still remains about the companys relationship with its parent France Tom. The picture will clear a little in June when Solomon Trujillo, the new chief executive, unveils his strategy.
The fixed-line segment, BT apart, is more risky. Competition remains intense, and players who were stricken are returning. Pricing is still declining in international segments, but within the UK, in absolute terms, the falls are now manageable.BT itself is solidly profitable, yielding 3.2 per cent, and the worries about the health of its pension fund are overdone. A push into IT services is proving successful, but it is not clear that this will generate enough revenue growth to make up for the lack of a mobile business. The company is performing well, but not excitingly enough to justify a rating beyond hold.
Cable & Wireless has enough cash to see it through the inevitable next restructuring in the US. That is likely to cost less than expected, which is good in the short term, but the companys exposure to the most competitive parts of the market means long-term improvement is far off.
Cable and cable, meanwhile, is still a mess. Customer service is appalling. The restructured NTL carries too much debt. Telewest is better, once it too restructures, but the story comes together only in a merger that will save 300 million a year.
As for the rest, COLT is years away from becoming not very profitable, while Kingston Communications is struggling to expand outside Hull. Both should be avoided, although neither face the problems of the overindebted (and now private) Energis, which will battle to convince its lenders that it is viable. The exception, however, is Thus, which is well on its way to turning profitable next year. and whose shares could double from present levels if it does so.
ainsoph - 11 May 2003 17:52 - 349 of 498
LONDON (AFX) - Mobile phones group mm02 PLC is close to clinching more than 1 bln stg worth of contracts for its Airwave radio system, according to The Business.
The newspaper did not name its source, but said the company's is the City's favourite to win the fire and ambulance contracts currently under tender.
The ambulance contract is due to be awarded later this year with the fire service deal due in 2004.
The newspaper did not name its source, but said the company's is the City's favourite to win the fire and ambulance contracts currently under tender.
The ambulance contract is due to be awarded later this year with the fire service deal due in 2004.
ainsoph - 12 May 2003 09:42 - 350 of 498
O2 Ireland today announced the availability of Desktop Text, a service that enables PC users to send an SMS message directly from their PC to any mobile phone, regardless of network.
Available to download from the O2 website, Desktop Text creates a 'New SMS' button in the user's Microsoft Outlook which allows them to simply type a text message on their PC and send it to any mobile phone number.
Users can also select the recipients' name from their PC address book, allowing distribution of messages to large groups and enabling employers to communicate with up to 400 employees at one time.
Available to download from the O2 website, Desktop Text creates a 'New SMS' button in the user's Microsoft Outlook which allows them to simply type a text message on their PC and send it to any mobile phone number.
Users can also select the recipients' name from their PC address book, allowing distribution of messages to large groups and enabling employers to communicate with up to 400 employees at one time.
ainsoph - 13 May 2003 08:28 - 351 of 498
KPN denies mmO2 merger gossip
12 May 2003, Evening Standard
UTCH phone group Royal KPN poured cold water on rumours that it is in merger talks with mobile group mmO2's German arm.
Chief executive Ad Scheepbouwer, reporting the group's third consecutive quarter of improved profit, said: 'We are not talking to mmO2, though there is a price for everything. My door is always open.'
12 May 2003, Evening Standard
UTCH phone group Royal KPN poured cold water on rumours that it is in merger talks with mobile group mmO2's German arm.
Chief executive Ad Scheepbouwer, reporting the group's third consecutive quarter of improved profit, said: 'We are not talking to mmO2, though there is a price for everything. My door is always open.'
stv
- 13 May 2003 12:45
- 352 of 498
Ains, please provide L2 for VOD & OOM. Appears to be suffering after KPN comments.
ainsoph - 13 May 2003 12:50 - 353 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (54.29%) 19 (40.83%) 1,148,702 54.73 - 55.48 1,665,019 (59.17%) 16 (45.71%)
5% (53.49%) 23 (48.34%) 1,716,633 54.49 - 55.53 1,834,585 (51.66%) 20 (46.51%)
10% (56.72%) 38 (49.24%) 2,096,402 54.26 - 55.72 2,161,530 (50.76%) 29 (43.28%)
15% (56.10%) 46 (51.38%) 3,302,951 52.95 - 57.11 3,126,009 (48.62%) 36 (43.90%)
50% (55.42%) 46 (51.26%) 3,302,951 52.95 - 57.13 3,141,009 (48.74%) 37 (44.58%)
100% (55.68%) 49 (51.01%) 3,323,071 52.84 - 57.25 3,191,701 (48.99%) 39 (44.32%)
all (55.06%) 49 (50.98%) 3,323,071 52.84 - 57.37 3,195,701 (49.02%) 40 (44.94%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (44.30%) 35 (32.82%) 5,237,523 121.28 - 122.64 10,722,038 (67.18%) 44 (55.70%)
5% (56.20%) 68 (47.49%) 11,476,713 120.68 - 122.80 12,689,828 (52.51%) 53 (43.80%)
10% (53.23%) 107 (43.55%) 17,758,020 119.62 - 124.08 23,016,366 (56.45%) 94 (46.77%)
15% (54.98%) 160 (46.08%) 23,510,400 118.30 - 125.18 27,511,424 (53.92%) 131 (45.02%)
50% (56.47%) 205 (46.00%) 25,076,972 117.52 - 125.96 29,437,136 (54.00%) 158 (43.53%)
100% (55.00%) 220 (46.04%) 25,313,482 117.30 - 126.21 29,671,894 (53.96%) 180 (45.00%)
all (54.19%) 220 (46.01%) 25,313,482 117.30 - 126.39 29,707,040 (53.99%) 186 (45.81%)
stv
- 13 May 2003 15:22
- 354 of 498
Ains, please provide updated L2 for VOD & OOM. Seem to be holding despite -ve US.
ainsoph - 13 May 2003 15:24 - 355 of 498
sector is up 1%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (55.24%) 58 (49.00%) 9,624,810 121.47 - 122.76 10,017,362 (51.00%) 47 (44.76%)
5% (62.84%) 93 (56.00%) 16,176,070 120.98 - 123.06 12,711,562 (44.00%) 55 (37.16%)
10% (59.39%) 136 (50.89%) 22,525,376 120.12 - 124.21 21,735,500 (49.11%) 93 (40.61%)
15% (59.63%) 192 (52.22%) 28,668,808 118.87 - 125.34 26,230,560 (47.78%) 130 (40.37%)
50% (60.15%) 237 (51.78%) 30,235,380 118.20 - 126.14 28,156,272 (48.22%) 157 (39.85%)
100% (58.33%) 252 (51.76%) 30,471,888 118.01 - 126.41 28,396,760 (48.24%) 180 (41.67%)
all (57.50%) 253 (51.73%) 30,471,890 118.01 - 126.59 28,431,908 (48.27%) 187 (42.50%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (39.29%) 11 (41.89%) 1,177,089 54.95 - 55.58 1,632,695 (58.11%) 17 (60.71%)
5% (40.54%) 15 (50.53%) 1,954,567 54.77 - 55.71 1,913,843 (49.47%) 22 (59.46%)
10% (48.28%) 28 (58.56%) 2,885,836 54.46 - 55.82 2,042,143 (41.44%) 30 (51.72%)
15% (50.68%) 37 (57.89%) 4,111,085 53.34 - 57.23 2,990,322 (42.11%) 36 (49.32%)
50% (50.00%) 37 (57.77%) 4,111,085 53.34 - 57.25 3,005,322 (42.23%) 37 (50.00%)
100% (50.63%) 40 (57.48%) 4,131,205 53.25 - 57.38 3,056,014 (42.52%) 39 (49.37%)
all (50.00%) 40 (57.45%) 4,131,205 53.25 - 57.50 3,060,014 (42.55%) 40 (50.00%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (55.24%) 58 (49.00%) 9,624,810 121.47 - 122.76 10,017,362 (51.00%) 47 (44.76%)
5% (62.84%) 93 (56.00%) 16,176,070 120.98 - 123.06 12,711,562 (44.00%) 55 (37.16%)
10% (59.39%) 136 (50.89%) 22,525,376 120.12 - 124.21 21,735,500 (49.11%) 93 (40.61%)
15% (59.63%) 192 (52.22%) 28,668,808 118.87 - 125.34 26,230,560 (47.78%) 130 (40.37%)
50% (60.15%) 237 (51.78%) 30,235,380 118.20 - 126.14 28,156,272 (48.22%) 157 (39.85%)
100% (58.33%) 252 (51.76%) 30,471,888 118.01 - 126.41 28,396,760 (48.24%) 180 (41.67%)
all (57.50%) 253 (51.73%) 30,471,890 118.01 - 126.59 28,431,908 (48.27%) 187 (42.50%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (39.29%) 11 (41.89%) 1,177,089 54.95 - 55.58 1,632,695 (58.11%) 17 (60.71%)
5% (40.54%) 15 (50.53%) 1,954,567 54.77 - 55.71 1,913,843 (49.47%) 22 (59.46%)
10% (48.28%) 28 (58.56%) 2,885,836 54.46 - 55.82 2,042,143 (41.44%) 30 (51.72%)
15% (50.68%) 37 (57.89%) 4,111,085 53.34 - 57.23 2,990,322 (42.11%) 36 (49.32%)
50% (50.00%) 37 (57.77%) 4,111,085 53.34 - 57.25 3,005,322 (42.23%) 37 (50.00%)
100% (50.63%) 40 (57.48%) 4,131,205 53.25 - 57.38 3,056,014 (42.52%) 39 (49.37%)
all (50.00%) 40 (57.45%) 4,131,205 53.25 - 57.50 3,060,014 (42.55%) 40 (50.00%)
ainsoph - 14 May 2003 10:24 - 356 of 498
Seems to have done a little more for emblaze (hold a few as speculative longer term recovery play)this morning than oom but is good news
Emblaze Systems and O2 Launch Pilot for Mobile Video in the UK
Ra'anana, Israel, May 14, 2003 - Emblaze Systems Ltd (LSE: BLZ), announces the
launch of a trial for mobile video with O2, a leading provider of mobile
services to consumers and businesses in the UK. Emblaze is providing a turnkey
solution, incorporating video streaming & download, managed services, production
and publishing of content and a wide variety of end user services.
O2 has selected 350 customers to participate in a free, six-week trial, using
the O2 xda, Nokia 7650 and Nokia 3650 mobile devices. The trial focuses on three
principal areas: Streaming video, downloading clips and video messaging. Using
the Emblaze EMplatform(TM), O2 will offer a continuously updated range of services
from news, weather and entertainment, through music & movie trailers. O2 is also
leveraging its sponsorship of Arsenal football club and the England rugby team.
O2 is using its GPRS network to enable trial participants to browse, select and
download video clips via a special WAP portal set up by Emblaze. Further,
Emblaze offers an innovative feature - enabling trial users to easily download
the EMplayer(TM) directly from the portal.
Emblaze has delivered a complete end-to-end service, including technology,
service management, and hosting, together with its partner, Virtue Broadcasting
PLC - a major provider of streaming media services; thus creating a wireless
application service provider (WASP) solution.
Emblaze provides a customized, media centric, end-to-end solution for wireless
multimedia, enabling wireless operators to create, manage and deliver rich media
services and offer a personalized communications experience to their wireless
subscribers. On demand news, weather and sports services as well as messaging
and online audio/video capabilities enable wireless service providers to
generate new forms of revenue from their subscriber base. The Emblaze solution
runs on all networks, including GSM/GPRS, EDGE, UMTS, CDMA, 1X, and EVDO. It is
also compatible with all leading formats, such as MPEG4, Windows Media.
Eli Reifman, CEO of Emblaze Systems Ltd, said: " We are focused on helping O2
achieve its goals, namely to maximize revenues from existing 2.5G networks and
to extend the range of services currently offered. The successful introduction
of new rich media services is dependant on the quality of the user experience:
Emblaze ensures the best user experience to the widest number of people - on any
network and any rich-media wireless device."
Dave McGlade, CEO O2 UK said: "Mobile Video is a natural addition to the range
of services we already offer like Media Messaging and the O2 Games Arcade and
fully exploits the technology we have available today. We want to develop a
range of communications and entertainment services that our customers really
want and trials like this give us the opportunity to listen to our customers and
get crucial feedback."
"A partnership with Emblaze extends our strong position out of the IP video/
audio streaming arena into the mobile space and enables Virtue to deliver new
streaming services to our clients" said Giles English, Director Virtue
Broadcasting. "If the trial proves successful we will be rolling the services
out to our whole client base."
Emblaze Systems and O2 Launch Pilot for Mobile Video in the UK
Ra'anana, Israel, May 14, 2003 - Emblaze Systems Ltd (LSE: BLZ), announces the
launch of a trial for mobile video with O2, a leading provider of mobile
services to consumers and businesses in the UK. Emblaze is providing a turnkey
solution, incorporating video streaming & download, managed services, production
and publishing of content and a wide variety of end user services.
O2 has selected 350 customers to participate in a free, six-week trial, using
the O2 xda, Nokia 7650 and Nokia 3650 mobile devices. The trial focuses on three
principal areas: Streaming video, downloading clips and video messaging. Using
the Emblaze EMplatform(TM), O2 will offer a continuously updated range of services
from news, weather and entertainment, through music & movie trailers. O2 is also
leveraging its sponsorship of Arsenal football club and the England rugby team.
O2 is using its GPRS network to enable trial participants to browse, select and
download video clips via a special WAP portal set up by Emblaze. Further,
Emblaze offers an innovative feature - enabling trial users to easily download
the EMplayer(TM) directly from the portal.
Emblaze has delivered a complete end-to-end service, including technology,
service management, and hosting, together with its partner, Virtue Broadcasting
PLC - a major provider of streaming media services; thus creating a wireless
application service provider (WASP) solution.
Emblaze provides a customized, media centric, end-to-end solution for wireless
multimedia, enabling wireless operators to create, manage and deliver rich media
services and offer a personalized communications experience to their wireless
subscribers. On demand news, weather and sports services as well as messaging
and online audio/video capabilities enable wireless service providers to
generate new forms of revenue from their subscriber base. The Emblaze solution
runs on all networks, including GSM/GPRS, EDGE, UMTS, CDMA, 1X, and EVDO. It is
also compatible with all leading formats, such as MPEG4, Windows Media.
Eli Reifman, CEO of Emblaze Systems Ltd, said: " We are focused on helping O2
achieve its goals, namely to maximize revenues from existing 2.5G networks and
to extend the range of services currently offered. The successful introduction
of new rich media services is dependant on the quality of the user experience:
Emblaze ensures the best user experience to the widest number of people - on any
network and any rich-media wireless device."
Dave McGlade, CEO O2 UK said: "Mobile Video is a natural addition to the range
of services we already offer like Media Messaging and the O2 Games Arcade and
fully exploits the technology we have available today. We want to develop a
range of communications and entertainment services that our customers really
want and trials like this give us the opportunity to listen to our customers and
get crucial feedback."
"A partnership with Emblaze extends our strong position out of the IP video/
audio streaming arena into the mobile space and enables Virtue to deliver new
streaming services to our clients" said Giles English, Director Virtue
Broadcasting. "If the trial proves successful we will be rolling the services
out to our whole client base."
ainsoph - 14 May 2003 11:46 - 357 of 498
Price is picking up now and sector is positive - vols already nearly 50% up on yesterday
Sanford Bernstein has raised its rating for mmO2 (OOM) from neutral to outperform raising its target price to 85p.
Sanford Bernstein has raised its rating for mmO2 (OOM) from neutral to outperform raising its target price to 85p.
stv
- 14 May 2003 12:10
- 358 of 498
What's L2 showing and where is this going to over the next few days do you think.
ainsoph - 14 May 2003 12:16 - 359 of 498
thats a difficult one .... market is very choppy .... someone was just saying on CNBC that finanial web site chat rooms in US are reporting big increases in number of posts and peeps returning to the market. I am fully invested at this time ....
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.15%) 12 (82.91%) 4,492,911 56.05 - 56.84 926,117 (17.09%) 14 (53.85%)
5% (52.50%) 21 (81.93%) 6,139,475 55.89 - 57.02 1,353,854 (18.07%) 19 (47.50%)
10% (60.66%) 37 (85.61%) 8,617,920 55.49 - 57.09 1,448,050 (14.39%) 24 (39.34%)
15% (62.65%) 52 (80.85%) 10,314,114 54.88 - 58.48 2,443,188 (19.15%) 31 (37.35%)
50% (63.53%) 54 (81.15%) 10,519,114 54.79 - 58.48 2,443,188 (18.85%) 31 (36.47%)
100% (63.33%) 57 (80.87%) 10,539,234 54.75 - 58.61 2,493,880 (19.13%) 33 (36.67%)
all (62.64%) 57 (80.84%) 10,539,234 54.75 - 58.76 2,497,880 (19.16%) 34 (37.36%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.15%) 12 (82.91%) 4,492,911 56.05 - 56.84 926,117 (17.09%) 14 (53.85%)
5% (52.50%) 21 (81.93%) 6,139,475 55.89 - 57.02 1,353,854 (18.07%) 19 (47.50%)
10% (60.66%) 37 (85.61%) 8,617,920 55.49 - 57.09 1,448,050 (14.39%) 24 (39.34%)
15% (62.65%) 52 (80.85%) 10,314,114 54.88 - 58.48 2,443,188 (19.15%) 31 (37.35%)
50% (63.53%) 54 (81.15%) 10,519,114 54.79 - 58.48 2,443,188 (18.85%) 31 (36.47%)
100% (63.33%) 57 (80.87%) 10,539,234 54.75 - 58.61 2,493,880 (19.13%) 33 (36.67%)
all (62.64%) 57 (80.84%) 10,539,234 54.75 - 58.76 2,497,880 (19.16%) 34 (37.36%
ainsoph - 14 May 2003 12:25 - 360 of 498
LONDON (AFX) - Mobile phones group mm02 PLC is close to clinching more than 1 bln stg worth of contracts for its Airwave radio system, according to The Business.
The newspaper did not name its source, but said the company's is the City's favourite to win the fire and ambulance contracts currently under tender.
The ambulance contract is due to be awarded later this year with the fire service deal due in 2004.
The newspaper did not name its source, but said the company's is the City's favourite to win the fire and ambulance contracts currently under tender.
The ambulance contract is due to be awarded later this year with the fire service deal due in 2004.
ainsoph - 14 May 2003 12:30 - 361 of 498
LONDON (AFX) - Shares in Emblaze Systems moved up 4-1/2 to 105 - a near 45 pct gain - after the company said it is to launch a trial for mobile video with mmO2's subsidiary O2.
Using the Emblaze EMplatform, O2 will offer a continuously updated range of services from news, weather and entertainment to music and movie trailers
Using the Emblaze EMplatform, O2 will offer a continuously updated range of services from news, weather and entertainment to music and movie trailers
stv
- 14 May 2003 13:53
- 362 of 498
L2 status now? So much for you thiking this is'nt taking off +5%. You lucky man.
ainsoph - 14 May 2003 13:57 - 363 of 498
:-)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (41.38%) 12 (55.61%) 1,372,843 57.09 - 57.94 1,096,053 (44.39%) 17 (58.62%)
5% (47.62%) 20 (70.78%) 3,861,651 56.75 - 58.12 1,593,837 (29.22%) 22 (52.38%)
10% (52.78%) 38 (77.40%) 9,975,543 56.15 - 59.03 2,913,446 (22.60%) 34 (47.22%)
15% (62.77%) 59 (80.29%) 11,929,029 55.75 - 59.05 2,928,446 (19.71%) 35 (37.23%)
50% (63.73%) 65 (81.51%) 13,130,037 55.30 - 59.15 2,979,138 (18.49%) 37 (36.27%)
100% (64.76%) 68 (81.53%) 13,150,157 55.27 - 59.15 2,979,138 (18.47%) 37 (35.24%)
all (64.15%) 68 (81.51%) 13,150,157 55.27 - 59.27 2,983,138 (18.49%) 38 (35.85%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (41.38%) 12 (55.61%) 1,372,843 57.09 - 57.94 1,096,053 (44.39%) 17 (58.62%)
5% (47.62%) 20 (70.78%) 3,861,651 56.75 - 58.12 1,593,837 (29.22%) 22 (52.38%)
10% (52.78%) 38 (77.40%) 9,975,543 56.15 - 59.03 2,913,446 (22.60%) 34 (47.22%)
15% (62.77%) 59 (80.29%) 11,929,029 55.75 - 59.05 2,928,446 (19.71%) 35 (37.23%)
50% (63.73%) 65 (81.51%) 13,130,037 55.30 - 59.15 2,979,138 (18.49%) 37 (36.27%)
100% (64.76%) 68 (81.53%) 13,150,157 55.27 - 59.15 2,979,138 (18.47%) 37 (35.24%)
all (64.15%) 68 (81.51%) 13,150,157 55.27 - 59.27 2,983,138 (18.49%) 38 (35.85%
ainsoph - 15 May 2003 08:01 - 364 of 498
I note oftel are looking into mobile charges again but say they will not be interfering in G3 charging
This looks like potential good news
May 15, 2003
Mobile operators may claim 4bn refund
By Dan Sabbagh TIMES
BRITAINs five mobile phone operators are considering launching a claim for a 4 billion refund of VAT. The Times has learnt that the companies believe the 22.5 billion they paid in the third-generation licence auction three years ago included VAT.
A claim, if launched, would be fiercely resisted by the Treasury, which used the windfall proceeds to make record debt repayments during 2000.
The Government says the sale of licences was VATexempt, a position that is now being challenged. If the operators could prove that VAT was part of the purchase price, then they could apply for a VAT refund worth 17.5 per cent of the total, or 3.9 billion, from Customs and Excise.
Most businesses do not pay VAT, although sometimes a company has to reclaim the sales tax back from the authorities when it has been forced to pay up on a purchase.
The search for a legal basis to challenge the Government remains at its early stages, but The Times has learnt that all Britains operators Vodafone, Orange, mmO2, Deutsche Telekoms T-Mobile and Hutchison Whampoas 3 have examined the issue carefully. None is yet ready to discuss the subject in public. But privately, one operator said: Our shareholders would expect us to look at this seriously, given the sums involved.
The background to any British claim comes from Germany, where third-generation licences were sold for 30.5 billion in 2000. VAT is harmonised across the European Union, and a ruling in Germany would have clear implications for the UK.
The Dutch group KPN said earlier this week that it was orchestrating a campaign of the countrys big four operators, which include Vodafone, and mmO2, to pursue a VAT refund which would be worth 5 billion. The Times has learnt KPN is demanding a VAT invoice from the German Government, which has refused to comply.
A spokesman for KPN said: There is no consensus amongst tax experts as to whether VAT was applicable on the licences. There are discussions ongoing in Germany, and legal action is always possible if the tax authorities are not willing to comply.
British tax experts believe that a claim for a refund would be optimistic but not impossible. Paddy Behan, a VAT specialist with the accountants Grant Thornton, said: Because of the amounts involved, it is very likely that the companies will press on.
The EUs Sixth VAT Directive, which governs the taxs basic principles, says VAT should not generally apply to public authorities. However, it also says that if a public authority engages in one of a list of specified activities, including telecoms, then VAT must be levied. Mr Behan said: The rules seem to be designed for when telecoms services are provided by state-owned providers, but the companies in these cases may try to argue that the licensing round was a telecommunications activity. If this were accepted they would get the result they want but it is a difficult argument to make.
A spokeswoman for Customs and Excise said: We are monitoring what is happening in Germany. But we will defend any attack on legitimate government revenues; in our view no VAT is due on regulated activities.
A sudden need to find 4 billion from the Treasurys coffers this year would be a headache for Gordon Brown. The demand would come at a time when the public finances are badly stretched by weakening tax revenues and extra public spending.
This looks like potential good news
May 15, 2003
Mobile operators may claim 4bn refund
By Dan Sabbagh TIMES
BRITAINs five mobile phone operators are considering launching a claim for a 4 billion refund of VAT. The Times has learnt that the companies believe the 22.5 billion they paid in the third-generation licence auction three years ago included VAT.
A claim, if launched, would be fiercely resisted by the Treasury, which used the windfall proceeds to make record debt repayments during 2000.
The Government says the sale of licences was VATexempt, a position that is now being challenged. If the operators could prove that VAT was part of the purchase price, then they could apply for a VAT refund worth 17.5 per cent of the total, or 3.9 billion, from Customs and Excise.
Most businesses do not pay VAT, although sometimes a company has to reclaim the sales tax back from the authorities when it has been forced to pay up on a purchase.
The search for a legal basis to challenge the Government remains at its early stages, but The Times has learnt that all Britains operators Vodafone, Orange, mmO2, Deutsche Telekoms T-Mobile and Hutchison Whampoas 3 have examined the issue carefully. None is yet ready to discuss the subject in public. But privately, one operator said: Our shareholders would expect us to look at this seriously, given the sums involved.
The background to any British claim comes from Germany, where third-generation licences were sold for 30.5 billion in 2000. VAT is harmonised across the European Union, and a ruling in Germany would have clear implications for the UK.
The Dutch group KPN said earlier this week that it was orchestrating a campaign of the countrys big four operators, which include Vodafone, and mmO2, to pursue a VAT refund which would be worth 5 billion. The Times has learnt KPN is demanding a VAT invoice from the German Government, which has refused to comply.
A spokesman for KPN said: There is no consensus amongst tax experts as to whether VAT was applicable on the licences. There are discussions ongoing in Germany, and legal action is always possible if the tax authorities are not willing to comply.
British tax experts believe that a claim for a refund would be optimistic but not impossible. Paddy Behan, a VAT specialist with the accountants Grant Thornton, said: Because of the amounts involved, it is very likely that the companies will press on.
The EUs Sixth VAT Directive, which governs the taxs basic principles, says VAT should not generally apply to public authorities. However, it also says that if a public authority engages in one of a list of specified activities, including telecoms, then VAT must be levied. Mr Behan said: The rules seem to be designed for when telecoms services are provided by state-owned providers, but the companies in these cases may try to argue that the licensing round was a telecommunications activity. If this were accepted they would get the result they want but it is a difficult argument to make.
A spokeswoman for Customs and Excise said: We are monitoring what is happening in Germany. But we will defend any attack on legitimate government revenues; in our view no VAT is due on regulated activities.
A sudden need to find 4 billion from the Treasurys coffers this year would be a headache for Gordon Brown. The demand would come at a time when the public finances are badly stretched by weakening tax revenues and extra public spending.
stv
- 15 May 2003 08:34
- 365 of 498
15 May 2003
Oftel publishes mobile call termination market review
Measures to promote competition and reduce the price of calling a mobile phone
have been proposed today by Oftel.
Action is necessary because consumers pay too much for making calls to mobile
phones as they have no choice but to incur the high connection charge set by the
operator of the network they are calling.
Oftel is reviewing the calls to mobile phones market as part of its work to
implement the new EC Directives on electronic communications networks by 25 July
This is a separate review from the recent Competition Commission investigation
into call termination rates, which was carried out under the current telecoms
regulatory framework. The Commission made recommendations for charge controls
over the next three years, but the introduction of the new Directives means
Oftel is required to carry out a fresh review under the terms and procedures of
the Directives, before reaching its own conclusions.
The key proposals set out Oftel's review of the calls to mobile phones market
are to:
protect consumers from excessive call termination charges through a
continuation of controls to reduce the amount mobile operators charge to
connect calls to their networks;
promote competition between operators by ensuring equal access and no
undue discrimination against other operators for terminating calls onto the
mobile networks; and
not impose regulation on the 3G market as these are new and innovative
services and regulatory controls would be disproportionate while the market
is developing.
David Edmonds, Director General of Telecommunications said today:
'Calls to mobile phones is a separate market from the mobile retail market and
has no effective competition, because consumers cannot choose between
terminating networks when they make a call to a mobile phone.
'Calling someone on their mobile phone is expensive because consumers have no
option but to pay the connection charge set by the operator of the network they
call.
'Oftel believes that measures are needed to require the mobile operators to
reduce their call termination charges, which should result in cheaper calls to
mobile phones.
'Oftel's proposals are in line with the Competition Commission's original
recommendations and consist of three annual cuts of around 15 per cent over the
next three years.
'In line with Oftel's earlier commitments, we do not to intend to place any
regulation on the 3G market. These are new and innovative services and
inappropriate regulation at this stage could damage the evolution of this new
market.'
The consultation period ends on 24 July 2003.
Oftel has also published today a consultation document on whether the current
requirement on O2 and Vodafone to negotiate an agreement with 3G new entrant
operator Hutchison 3G (3) to allow customers of 3 to roam over their 2G network
should continue. Under the new EC Directives all licences will be revoked which
means the current obligation on O2 and Vodafone to offer roaming will fall away.
Oftel believes that 3 will continue to need access to national roaming while it
is building its 3G network, so the obligation should therefore remain, and apply
to all four 2G mobile network operators.
Oftel publishes mobile call termination market review
Measures to promote competition and reduce the price of calling a mobile phone
have been proposed today by Oftel.
Action is necessary because consumers pay too much for making calls to mobile
phones as they have no choice but to incur the high connection charge set by the
operator of the network they are calling.
Oftel is reviewing the calls to mobile phones market as part of its work to
implement the new EC Directives on electronic communications networks by 25 July
This is a separate review from the recent Competition Commission investigation
into call termination rates, which was carried out under the current telecoms
regulatory framework. The Commission made recommendations for charge controls
over the next three years, but the introduction of the new Directives means
Oftel is required to carry out a fresh review under the terms and procedures of
the Directives, before reaching its own conclusions.
The key proposals set out Oftel's review of the calls to mobile phones market
are to:
protect consumers from excessive call termination charges through a
continuation of controls to reduce the amount mobile operators charge to
connect calls to their networks;
promote competition between operators by ensuring equal access and no
undue discrimination against other operators for terminating calls onto the
mobile networks; and
not impose regulation on the 3G market as these are new and innovative
services and regulatory controls would be disproportionate while the market
is developing.
David Edmonds, Director General of Telecommunications said today:
'Calls to mobile phones is a separate market from the mobile retail market and
has no effective competition, because consumers cannot choose between
terminating networks when they make a call to a mobile phone.
'Calling someone on their mobile phone is expensive because consumers have no
option but to pay the connection charge set by the operator of the network they
call.
'Oftel believes that measures are needed to require the mobile operators to
reduce their call termination charges, which should result in cheaper calls to
mobile phones.
'Oftel's proposals are in line with the Competition Commission's original
recommendations and consist of three annual cuts of around 15 per cent over the
next three years.
'In line with Oftel's earlier commitments, we do not to intend to place any
regulation on the 3G market. These are new and innovative services and
inappropriate regulation at this stage could damage the evolution of this new
market.'
The consultation period ends on 24 July 2003.
Oftel has also published today a consultation document on whether the current
requirement on O2 and Vodafone to negotiate an agreement with 3G new entrant
operator Hutchison 3G (3) to allow customers of 3 to roam over their 2G network
should continue. Under the new EC Directives all licences will be revoked which
means the current obligation on O2 and Vodafone to offer roaming will fall away.
Oftel believes that 3 will continue to need access to national roaming while it
is building its 3G network, so the obligation should therefore remain, and apply
to all four 2G mobile network operators.
stv
- 15 May 2003 08:37
- 366 of 498
L2 status now for VOD & OOM? Did you offload your holding yesterday. Wish I had holding.
ainsoph - 15 May 2003 08:38 - 367 of 498
I am still holding for now - should be a + day
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.15%) 6 (68.21%) 964,960 56.16 - 57.02 449,686 (31.79%) 7 (53.85%)
5% (41.18%) 7 (66.54%) 1,146,798 56.06 - 57.24 576,686 (33.46%) 10 (58.82%)
10% (48.65%) 18 (68.67%) 1,895,987 55.47 - 57.82 865,086 (31.33%) 19 (51.35%)
15% (42.55%) 20 (50.65%) 1,935,411 55.41 - 59.15 1,885,359 (49.35%) 27 (57.45%)
50% (45.28%) 24 (61.62%) 3,107,854 53.60 - 59.30 1,936,051 (38.38%) 29 (54.72%)
100% (49.12%) 28 (61.81%) 3,132,874 53.48 - 59.30 1,936,051 (38.19%) 29 (50.88%)
all (48.28%) 28 (61.76%) 3,132,874 53.48 - 59.49 1,940,051 (38.24%) 30 (51.72%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (40.35%) 23 (40.73%) 4,438,276 121.77 - 123.06 6,459,042 (59.27%) 34 (59.65%)
5% (48.84%) 42 (41.45%) 7,518,022 121.20 - 123.49 10,619,442 (58.55%) 44 (51.16%)
10% (45.45%) 70 (42.51%) 11,548,260 119.96 - 124.61 15,620,231 (57.49%) 84 (54.55%)
15% (47.70%) 114 (45.05%) 16,989,956 118.28 - 126.27 20,727,624 (54.95%) 125 (52.30%)
50% (51.89%) 165 (45.68%) 18,635,030 117.21 - 127.03 22,160,636 (54.32%) 153 (48.11%)
100% (50.28%) 179 (45.72%) 18,871,528 116.91 - 127.36 22,404,624 (54.28%) 177 (49.72%)
all (49.31%) 179 (45.68%) 18,871,528 116.91 - 127.62 22,439,820 (54.32%) 184 (50.69%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.15%) 6 (68.21%) 964,960 56.16 - 57.02 449,686 (31.79%) 7 (53.85%)
5% (41.18%) 7 (66.54%) 1,146,798 56.06 - 57.24 576,686 (33.46%) 10 (58.82%)
10% (48.65%) 18 (68.67%) 1,895,987 55.47 - 57.82 865,086 (31.33%) 19 (51.35%)
15% (42.55%) 20 (50.65%) 1,935,411 55.41 - 59.15 1,885,359 (49.35%) 27 (57.45%)
50% (45.28%) 24 (61.62%) 3,107,854 53.60 - 59.30 1,936,051 (38.38%) 29 (54.72%)
100% (49.12%) 28 (61.81%) 3,132,874 53.48 - 59.30 1,936,051 (38.19%) 29 (50.88%)
all (48.28%) 28 (61.76%) 3,132,874 53.48 - 59.49 1,940,051 (38.24%) 30 (51.72%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (40.35%) 23 (40.73%) 4,438,276 121.77 - 123.06 6,459,042 (59.27%) 34 (59.65%)
5% (48.84%) 42 (41.45%) 7,518,022 121.20 - 123.49 10,619,442 (58.55%) 44 (51.16%)
10% (45.45%) 70 (42.51%) 11,548,260 119.96 - 124.61 15,620,231 (57.49%) 84 (54.55%)
15% (47.70%) 114 (45.05%) 16,989,956 118.28 - 126.27 20,727,624 (54.95%) 125 (52.30%)
50% (51.89%) 165 (45.68%) 18,635,030 117.21 - 127.03 22,160,636 (54.32%) 153 (48.11%)
100% (50.28%) 179 (45.72%) 18,871,528 116.91 - 127.36 22,404,624 (54.28%) 177 (49.72%)
all (49.31%) 179 (45.68%) 18,871,528 116.91 - 127.62 22,439,820 (54.32%) 184 (50.69%
ainsoph - 15 May 2003 09:05 - 368 of 498
Emblaze to power O2 video trials
London, May 14 2003, (netimperative)
by Susie Harwood
Wireless streaming developer Emblaze announced that it has been selected to provide technology and services to UK mobile operator O2 for its mobile video trial taking place this month.
O2 announced last month that it had chosen 350 customers to take part in a six-week mobile video trial using the O2 xda, Nokia 7650 and Nokia 3650 devices over its GPRS network, ahead of a planned commercial launch later this year. The trial focuses on three principal areas: streaming video, downloading clips and video messaging.
Emblaze said that O2 will use its EMplatform to offer customers a continuously updated range of services including news, weather, entertainment, music and movie trailers.
The company has set up a special WAP portal for O2, where trial customers can browse, select and download video clips. Trial customers will also be able to download EMplayer directly from the portal to their mobile phone.
London, May 14 2003, (netimperative)
by Susie Harwood
Wireless streaming developer Emblaze announced that it has been selected to provide technology and services to UK mobile operator O2 for its mobile video trial taking place this month.
O2 announced last month that it had chosen 350 customers to take part in a six-week mobile video trial using the O2 xda, Nokia 7650 and Nokia 3650 devices over its GPRS network, ahead of a planned commercial launch later this year. The trial focuses on three principal areas: streaming video, downloading clips and video messaging.
Emblaze said that O2 will use its EMplatform to offer customers a continuously updated range of services including news, weather, entertainment, music and movie trailers.
The company has set up a special WAP portal for O2, where trial customers can browse, select and download video clips. Trial customers will also be able to download EMplayer directly from the portal to their mobile phone.
stv
- 15 May 2003 09:08
- 369 of 498
Ericsson, UK's mmO2 Sign Europe-wide Frame Agreement
EDITED PRESS RELEASE
STOCKHOLM (Dow Jones)--Swedish telecommunications equipment maker Telfon AB LM Ericsson (ERICY) said Thursday it has signed a Europe-wide frame agreement with the U.K.'s mmO2 Plc (U.OOM) over the supply of its MINI-LINK microwave system..
No financial details were disclosed. The agreement covers all subsidiaries within the mmO2 group.
This agreement is a pan-European pricing framework and is the common base for all subsidiaries within the mmO2 group - i.e. O2 Germany, O2 United Kingdom, O2 Ireland, Manx Telecom (Isle of Man) and O2 Airwave (UK) - to enter local agreements and place orders.
"This agreement reduces the efforts for the local companies to negotiate everything from scratch. By this we increase efficiency in line with the mmO2 motto 'Do it once"', says Karl-Wilhelm Rohrsen, Chief Technical Officer of O2 Germany.
"For Ericsson this agreement once again shows that we are regarded as a reliable partner with an international presence and first class products. It is a further step in strengthening our business relationship with mmO2," says Sivert Bergman, Vice President & General Manager Transport and Transmission.
Ericsson's MINI-LINK portfolio is a microwave access solution.
Over half a million MINI-LINK radios have already been deployed in more than 125 countries, giving Ericsson a global market share of over 40% percent. MINI-LINK cost-efficiently connects base stations, switch nodes and offices, forming either single radio connections or complete microwave networks. Instant capacity needs in any geographical site is the main driver for microwave transmission both in 2G and 3G rollouts. The latest additions for the MINI-LINK portfolio are high capacity radios handling 155 Mbit/s and cost-efficient traffic nodes. MINI-LINK products are based on open standards, making them fully compatible with networks from all suppliers.
EDITED PRESS RELEASE
STOCKHOLM (Dow Jones)--Swedish telecommunications equipment maker Telfon AB LM Ericsson (ERICY) said Thursday it has signed a Europe-wide frame agreement with the U.K.'s mmO2 Plc (U.OOM) over the supply of its MINI-LINK microwave system..
No financial details were disclosed. The agreement covers all subsidiaries within the mmO2 group.
This agreement is a pan-European pricing framework and is the common base for all subsidiaries within the mmO2 group - i.e. O2 Germany, O2 United Kingdom, O2 Ireland, Manx Telecom (Isle of Man) and O2 Airwave (UK) - to enter local agreements and place orders.
"This agreement reduces the efforts for the local companies to negotiate everything from scratch. By this we increase efficiency in line with the mmO2 motto 'Do it once"', says Karl-Wilhelm Rohrsen, Chief Technical Officer of O2 Germany.
"For Ericsson this agreement once again shows that we are regarded as a reliable partner with an international presence and first class products. It is a further step in strengthening our business relationship with mmO2," says Sivert Bergman, Vice President & General Manager Transport and Transmission.
Ericsson's MINI-LINK portfolio is a microwave access solution.
Over half a million MINI-LINK radios have already been deployed in more than 125 countries, giving Ericsson a global market share of over 40% percent. MINI-LINK cost-efficiently connects base stations, switch nodes and offices, forming either single radio connections or complete microwave networks. Instant capacity needs in any geographical site is the main driver for microwave transmission both in 2G and 3G rollouts. The latest additions for the MINI-LINK portfolio are high capacity radios handling 155 Mbit/s and cost-efficient traffic nodes. MINI-LINK products are based on open standards, making them fully compatible with networks from all suppliers.
ainsoph - 15 May 2003 09:12 - 370 of 498
well outperforming the market this morning .... sector up 0.41%
stv
- 15 May 2003 09:39
- 371 of 498
L2 for VOD & OOM? Are you still holding from sub 53.5 or did you sell & Buy back.
ainsoph - 15 May 2003 09:45 - 372 of 498
I did trade a few ..... volumes are a little low today but we are still 2.23% up with whole sector improving ... US NAS futures up 1.5 points and still talks of rate cut possibility
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.89%) 11 (62.73%) 1,638,489 56.78 - 57.45 973,457 (37.27%) 8 (42.11%)
5% (45.16%) 14 (57.96%) 2,455,511 56.53 - 57.71 1,781,038 (42.04%) 17 (54.84%)
10% (43.40%) 23 (59.27%) 3,335,849 56.07 - 57.97 2,292,506 (40.73%) 30 (56.60%)
15% (46.88%) 30 (51.32%) 3,468,238 55.97 - 58.67 3,290,149 (48.68%) 34 (53.13%)
50% (48.57%) 34 (58.14%) 4,640,681 54.62 - 58.76 3,340,841 (41.86%) 36 (51.43%)
100% (51.35%) 38 (58.27%) 4,665,701 54.53 - 58.76 3,340,841 (41.73%) 36 (48.65%)
all (50.67%) 38 (58.24%) 4,665,701 54.53 - 58.87 3,344,841 (41.76%) 37 (49.33%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.14%) 40 (48.24%) 5,957,328 122.04 - 123.17 6,391,595 (51.76%) 30 (42.86%)
5% (55.34%) 57 (42.30%) 8,136,701 121.71 - 123.61 11,098,621 (57.70%) 46 (44.66%)
10% (52.00%) 91 (46.36%) 13,961,996 120.34 - 124.68 16,156,784 (53.64%) 84 (48.00%)
15% (50.18%) 138 (47.32%) 19,554,216 118.73 - 126.49 21,766,252 (52.68%) 137 (49.82%)
50% (54.87%) 186 (48.21%) 21,148,936 117.78 - 127.05 22,720,536 (51.79%) 153 (45.13%)
100% (53.42%) 203 (48.28%) 21,435,790 117.49 - 127.37 22,964,524 (51.72%) 177 (46.58%)
all (52.45%) 203 (48.24%) 21,435,790 117.49 - 127.63 22,999,720 (51.76%) 184 (47.55%
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.89%) 11 (62.73%) 1,638,489 56.78 - 57.45 973,457 (37.27%) 8 (42.11%)
5% (45.16%) 14 (57.96%) 2,455,511 56.53 - 57.71 1,781,038 (42.04%) 17 (54.84%)
10% (43.40%) 23 (59.27%) 3,335,849 56.07 - 57.97 2,292,506 (40.73%) 30 (56.60%)
15% (46.88%) 30 (51.32%) 3,468,238 55.97 - 58.67 3,290,149 (48.68%) 34 (53.13%)
50% (48.57%) 34 (58.14%) 4,640,681 54.62 - 58.76 3,340,841 (41.86%) 36 (51.43%)
100% (51.35%) 38 (58.27%) 4,665,701 54.53 - 58.76 3,340,841 (41.73%) 36 (48.65%)
all (50.67%) 38 (58.24%) 4,665,701 54.53 - 58.87 3,344,841 (41.76%) 37 (49.33%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.14%) 40 (48.24%) 5,957,328 122.04 - 123.17 6,391,595 (51.76%) 30 (42.86%)
5% (55.34%) 57 (42.30%) 8,136,701 121.71 - 123.61 11,098,621 (57.70%) 46 (44.66%)
10% (52.00%) 91 (46.36%) 13,961,996 120.34 - 124.68 16,156,784 (53.64%) 84 (48.00%)
15% (50.18%) 138 (47.32%) 19,554,216 118.73 - 126.49 21,766,252 (52.68%) 137 (49.82%)
50% (54.87%) 186 (48.21%) 21,148,936 117.78 - 127.05 22,720,536 (51.79%) 153 (45.13%)
100% (53.42%) 203 (48.28%) 21,435,790 117.49 - 127.37 22,964,524 (51.72%) 177 (46.58%)
all (52.45%) 203 (48.24%) 21,435,790 117.49 - 127.63 22,999,720 (51.76%) 184 (47.55%
ainsoph - 15 May 2003 10:49 - 373 of 498
O2 extends remote email to SME market
London, May 15 2003, (netimperative)
by Susie Harwood
UK mobile operator O2 is looking to tap into the small business market as part of a drive to boost revenues from data services.
The company said it would begin a trial next month that will see its email-on-the-move service extended to BlackBerry devices. It launched the service, which provides users with access to business email, calendar and contacts, on its xda handset several weeks ago.
O2 said that offering the service over BlackBerry devices would enable it to reach a wider audience. It is a stand-alone device that does not required a back-end server, making it ideally suited to the small business market, the company added.
It already provides a corporate BlackBerry email-on-the-move offering, and it is based on the success of this offering - the company claims to have sold 23,000 devices across the group and be the biggest provider of BlackBerry across Europe - that led it to launch a small business offering.
The trial will run in the UK initially, where 250 O2 customers will be given the device for two months, before being rolled out to other O2 territories.
O2 said it would target specific vertical sectors, including manufacturing, construction, business services, local government, wholesale and retail, with tailored mobile data services as part of its focus
London, May 15 2003, (netimperative)
by Susie Harwood
UK mobile operator O2 is looking to tap into the small business market as part of a drive to boost revenues from data services.
The company said it would begin a trial next month that will see its email-on-the-move service extended to BlackBerry devices. It launched the service, which provides users with access to business email, calendar and contacts, on its xda handset several weeks ago.
O2 said that offering the service over BlackBerry devices would enable it to reach a wider audience. It is a stand-alone device that does not required a back-end server, making it ideally suited to the small business market, the company added.
It already provides a corporate BlackBerry email-on-the-move offering, and it is based on the success of this offering - the company claims to have sold 23,000 devices across the group and be the biggest provider of BlackBerry across Europe - that led it to launch a small business offering.
The trial will run in the UK initially, where 250 O2 customers will be given the device for two months, before being rolled out to other O2 territories.
O2 said it would target specific vertical sectors, including manufacturing, construction, business services, local government, wholesale and retail, with tailored mobile data services as part of its focus
stv
- 15 May 2003 11:52
- 374 of 498
L2 for VOD & OOM? Mkts improved after BOE announcement & EON inc 2003 forecasts.
ainsoph - 15 May 2003 11:57 - 375 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (44.00%) 11 (55.95%) 1,996,489 56.53 - 57.50 1,571,740 (44.05%) 14 (56.00%)
5% (35.90%) 14 (51.30%) 2,777,823 56.38 - 57.71 2,637,065 (48.70%) 25 (64.10%)
10% (40.63%) 26 (55.35%) 3,931,871 55.95 - 57.90 3,171,227 (44.65%) 38 (59.38%)
15% (42.47%) 31 (49.17%) 4,032,071 55.88 - 58.47 4,168,870 (50.83%) 42 (57.53%)
50% (44.30%) 35 (55.23%) 5,204,514 54.70 - 58.55 4,219,562 (44.77%) 44 (55.70%)
100% (46.99%) 39 (55.34%) 5,229,534 54.62 - 58.55 4,219,562 (44.66%) 44 (53.01%)
all (46.43%) 39 (55.32%) 5,229,534 54.62 - 58.63 4,223,562 (44.68%) 45 (53.57%
stv
- 15 May 2003 13:02
- 376 of 498
Thanks. Can you provide L2 for VOD also. OOM is very strong. Your very fortunate.
ainsoph - 15 May 2003 13:21 - 377 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.95%) 51 (51.51%) 8,619,687 122.86 - 123.93 8,113,201 (48.49%) 37 (42.05%)
5% (60.16%) 77 (56.33%) 11,664,314 122.51 - 124.07 9,041,972 (43.67%) 51 (39.84%)
10% (52.02%) 116 (56.27%) 18,264,060 121.40 - 125.32 14,194,100 (43.73%) 107 (47.98%)
15% (54.26%) 172 (57.06%) 25,471,044 119.65 - 127.05 19,166,402 (42.94%) 145 (45.74%)
50% (57.44%) 220 (57.34%) 27,065,764 118.86 - 127.67 20,133,986 (42.66%) 163 (42.56%)
100% (56.13%) 238 (57.32%) 27,352,628 118.61 - 128.02 20,366,276 (42.68%) 186 (43.87%)
all (55.22%) 238 (57.28%) 27,352,628 118.61 - 128.30 20,401,472 (42.72%) 193 (44.78%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (57.69%) 15 (60.18%) 1,830,620 56.78 - 57.56 1,211,241 (39.82%) 11 (42.31%)
5% (46.34%) 19 (53.95%) 2,709,659 56.54 - 57.77 2,312,419 (46.05%) 22 (53.66%)
10% (45.16%) 28 (58.74%) 3,589,997 56.11 - 57.91 2,521,849 (41.26%) 34 (54.84%)
15% (47.95%) 35 (51.40%) 3,722,386 56.02 - 58.58 3,519,492 (48.60%) 38 (52.05%)
50% (49.37%) 39 (57.82%) 4,894,829 54.72 - 58.67 3,570,184 (42.18%) 40 (50.63%)
100% (51.81%) 43 (57.95%) 4,919,849 54.64 - 58.67 3,570,184 (42.05%) 40 (48.19%)
all (51.19%) 43 (57.92%) 4,919,849 54.64 - 58.77 3,574,184 (42.08%) 41 (48.81%)
stv
- 15 May 2003 13:41
- 378 of 498
The US figs just released were quite bad, especially PPI Shows Biggest Drop In 56 Years. How has that affected L2 now for VOD & OOM? Hopefully mkts have recovered from initial shock inline with US Futures appearing to return to previous session highs. :)
ainsoph - 15 May 2003 13:47 - 379 of 498
US futures and out markets are improving .... talk tends to be bullish today. sector is up over 1.5%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.67%) 35 (47.56%) 7,604,179 123.37 - 124.25 8,384,544 (52.44%) 40 (53.33%)
5% (54.62%) 65 (55.01%) 12,073,912 122.91 - 124.49 9,876,439 (44.99%) 54 (45.38%)
10% (49.33%) 110 (54.47%) 18,772,896 121.86 - 125.92 15,690,357 (45.53%) 113 (50.67%)
15% (54.07%) 166 (58.33%) 26,869,928 119.94 - 127.19 19,196,676 (41.67%) 141 (45.93%)
50% (57.22%) 210 (58.54%) 28,434,252 119.19 - 127.79 20,142,060 (41.46%) 157 (42.78%)
100% (56.52%) 234 (58.55%) 28,779,264 118.92 - 128.14 20,374,348 (41.45%) 180 (43.48%)
all (55.58%) 234 (58.51%) 28,779,264 118.92 - 128.43 20,409,544 (41.49%) 187 (44.42
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (54.17%) 13 (61.06%) 1,970,640 56.72 - 57.48 1,256,786 (38.94%) 11 (45.83%)
5% (43.59%) 17 (58.61%) 3,326,252 56.47 - 57.73 2,349,121 (41.39%) 22 (56.41%)
10% (43.33%) 26 (62.18%) 4,206,590 56.12 - 57.86 2,558,551 (37.82%) 34 (56.67%)
15% (46.48%) 33 (54.96%) 4,338,979 56.04 - 58.54 3,556,194 (45.04%) 38 (53.52%)
50% (48.05%) 37 (60.44%) 5,511,422 54.89 - 58.63 3,606,886 (39.56%) 40 (51.95%)
100% (50.62%) 41 (60.55%) 5,536,442 54.81 - 58.63 3,606,886 (39.45%) 40 (49.38%)
all (50.00%) 41 (60.53%) 5,536,442 54.81 - 58.73 3,610,886 (39.47%) 41 (50.00%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.67%) 35 (47.56%) 7,604,179 123.37 - 124.25 8,384,544 (52.44%) 40 (53.33%)
5% (54.62%) 65 (55.01%) 12,073,912 122.91 - 124.49 9,876,439 (44.99%) 54 (45.38%)
10% (49.33%) 110 (54.47%) 18,772,896 121.86 - 125.92 15,690,357 (45.53%) 113 (50.67%)
15% (54.07%) 166 (58.33%) 26,869,928 119.94 - 127.19 19,196,676 (41.67%) 141 (45.93%)
50% (57.22%) 210 (58.54%) 28,434,252 119.19 - 127.79 20,142,060 (41.46%) 157 (42.78%)
100% (56.52%) 234 (58.55%) 28,779,264 118.92 - 128.14 20,374,348 (41.45%) 180 (43.48%)
all (55.58%) 234 (58.51%) 28,779,264 118.92 - 128.43 20,409,544 (41.49%) 187 (44.42
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (54.17%) 13 (61.06%) 1,970,640 56.72 - 57.48 1,256,786 (38.94%) 11 (45.83%)
5% (43.59%) 17 (58.61%) 3,326,252 56.47 - 57.73 2,349,121 (41.39%) 22 (56.41%)
10% (43.33%) 26 (62.18%) 4,206,590 56.12 - 57.86 2,558,551 (37.82%) 34 (56.67%)
15% (46.48%) 33 (54.96%) 4,338,979 56.04 - 58.54 3,556,194 (45.04%) 38 (53.52%)
50% (48.05%) 37 (60.44%) 5,511,422 54.89 - 58.63 3,606,886 (39.56%) 40 (51.95%)
100% (50.62%) 41 (60.55%) 5,536,442 54.81 - 58.63 3,606,886 (39.45%) 40 (49.38%)
all (50.00%) 41 (60.53%) 5,536,442 54.81 - 58.73 3,610,886 (39.47%) 41 (50.00%)
stv
- 15 May 2003 14:56
- 380 of 498
Thanks. Can you provide L2 for OOM & VOD also. OOM is very strong! Your prediction?
ainsoph - 15 May 2003 15:00 - 381 of 498
58p + at this time
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (54.46%) 55 (44.17%) 8,895,275 123.30 - 124.59 11,241,459 (55.83%) 46 (45.54%)
5% (55.63%) 79 (47.40%) 12,375,008 122.95 - 124.81 13,733,354 (52.60%) 63 (44.37%)
10% (48.80%) 122 (47.93%) 18,244,792 122.02 - 125.88 19,818,172 (52.07%) 128 (51.20%)
15% (53.29%) 178 (53.04%) 26,341,824 120.01 - 126.93 23,324,490 (46.96%) 156 (46.71%)
50% (56.35%) 222 (53.48%) 27,906,148 119.24 - 127.44 24,269,874 (46.52%) 172 (43.65%)
100% (55.88%) 247 (53.56%) 28,253,560 118.97 - 127.73 24,502,164 (46.44%) 195 (44.12%)
all (54.99%) 248 (53.52%) 28,253,560 118.97 - 127.97 24,537,360 (46.48%) 203 (45.01%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (55.56%) 15 (60.47%) 2,668,310 57.44 - 58.20 1,744,553 (39.53%) 12 (44.44%)
5% (57.89%) 22 (68.50%) 4,682,788 57.24 - 58.34 2,153,805 (31.50%) 16 (42.11%)
10% (53.97%) 34 (67.31%) 6,994,190 56.86 - 58.98 3,396,678 (32.69%) 29 (46.03%)
15% (60.00%) 45 (69.24%) 7,680,279 56.63 - 58.99 3,411,678 (30.76%) 30 (40.00%)
50% (60.49%) 49 (71.89%) 8,852,722 55.83 - 59.08 3,462,370 (28.11%) 32 (39.51%)
100% (62.35%) 53 (71.94%) 8,877,742 55.78 - 59.08 3,462,370 (28.06%) 32 (37.65%)
all (61.63%) 53 (71.92%) 8,877,742 55.78 - 59.19 3,466,370 (28.08%) 33 (38.37%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (54.46%) 55 (44.17%) 8,895,275 123.30 - 124.59 11,241,459 (55.83%) 46 (45.54%)
5% (55.63%) 79 (47.40%) 12,375,008 122.95 - 124.81 13,733,354 (52.60%) 63 (44.37%)
10% (48.80%) 122 (47.93%) 18,244,792 122.02 - 125.88 19,818,172 (52.07%) 128 (51.20%)
15% (53.29%) 178 (53.04%) 26,341,824 120.01 - 126.93 23,324,490 (46.96%) 156 (46.71%)
50% (56.35%) 222 (53.48%) 27,906,148 119.24 - 127.44 24,269,874 (46.52%) 172 (43.65%)
100% (55.88%) 247 (53.56%) 28,253,560 118.97 - 127.73 24,502,164 (46.44%) 195 (44.12%)
all (54.99%) 248 (53.52%) 28,253,560 118.97 - 127.97 24,537,360 (46.48%) 203 (45.01%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (55.56%) 15 (60.47%) 2,668,310 57.44 - 58.20 1,744,553 (39.53%) 12 (44.44%)
5% (57.89%) 22 (68.50%) 4,682,788 57.24 - 58.34 2,153,805 (31.50%) 16 (42.11%)
10% (53.97%) 34 (67.31%) 6,994,190 56.86 - 58.98 3,396,678 (32.69%) 29 (46.03%)
15% (60.00%) 45 (69.24%) 7,680,279 56.63 - 58.99 3,411,678 (30.76%) 30 (40.00%)
50% (60.49%) 49 (71.89%) 8,852,722 55.83 - 59.08 3,462,370 (28.11%) 32 (39.51%)
100% (62.35%) 53 (71.94%) 8,877,742 55.78 - 59.08 3,462,370 (28.06%) 32 (37.65%)
all (61.63%) 53 (71.92%) 8,877,742 55.78 - 59.19 3,466,370 (28.08%) 33 (38.37%)
ainsoph - 15 May 2003 21:02 - 382 of 498
the shares rose 1p to 56p after the influential US research house Sanford Bernstein upgraded to "buy" and set an 85p target price. After exiting the Netherlands, and securing a 3G network sharing deal in Germany, Bernstein reckons mmO2 is now a viable stand-alone business with a bright future.
ainsoph - 16 May 2003 07:42 - 383 of 498
As suggsted we closed at over 58p ..... which was nice and expect an attack on 60p today
This was first talked about yesterday ....
Mobile operator seeks VAT refund
By Dominic White (Filed: 16/05/2003)TELEGRAPH
At least one of Britain's five mobile operators has approached Customs & Excise saying it wants a VAT refund on its third-generation licence, after the Radio Communications Agency refused to provide it with a VAT invoice.
All five operators are considering launching claims for refunds totalling 3.9 billion because they think the 22.5 billion they paid in licence auctions three years ago included 17.5pc tax.
The Government has maintained that the sale of licences was VAT exempt, but the operators are attempting to use an obscure European tax directive to prove that VAT was in fact levied and they can claim it back.
Experts doubt they will be successful and say any claim could take years. Operators are bound to meet stiff opposition from the Treasury, whose finances are already stretched.
The operators are following similar moves elsewhere in Europe. In Germany, where the licence auctions raised 30 billion, Dutch operator KPN is calling on the government to provide a VAT invoice.
Paddy Behan, a VAT specialist at accountants Grant Thornton, said: "This will be difficult for UK players to get off the ground but, in practical terms, if the operators in Germany or Holland are successful the UK would probably have to follow it because VAT is harmonised across Europe."
No operators would comment but some are taking the possibility of a claim more seriously than others.
Europe's VAT principles say that VAT should not generally apply to public authorities such as the Radio Communications Agency, which received the money for the licence.
But it also says if an authority engages in certain activities, including telecoms, VAT must be charged. Experts say the debate will centre on whether the licence auctions constituted a "telecoms activity".
This was first talked about yesterday ....
Mobile operator seeks VAT refund
By Dominic White (Filed: 16/05/2003)TELEGRAPH
At least one of Britain's five mobile operators has approached Customs & Excise saying it wants a VAT refund on its third-generation licence, after the Radio Communications Agency refused to provide it with a VAT invoice.
All five operators are considering launching claims for refunds totalling 3.9 billion because they think the 22.5 billion they paid in licence auctions three years ago included 17.5pc tax.
The Government has maintained that the sale of licences was VAT exempt, but the operators are attempting to use an obscure European tax directive to prove that VAT was in fact levied and they can claim it back.
Experts doubt they will be successful and say any claim could take years. Operators are bound to meet stiff opposition from the Treasury, whose finances are already stretched.
The operators are following similar moves elsewhere in Europe. In Germany, where the licence auctions raised 30 billion, Dutch operator KPN is calling on the government to provide a VAT invoice.
Paddy Behan, a VAT specialist at accountants Grant Thornton, said: "This will be difficult for UK players to get off the ground but, in practical terms, if the operators in Germany or Holland are successful the UK would probably have to follow it because VAT is harmonised across Europe."
No operators would comment but some are taking the possibility of a claim more seriously than others.
Europe's VAT principles say that VAT should not generally apply to public authorities such as the Radio Communications Agency, which received the money for the licence.
But it also says if an authority engages in certain activities, including telecoms, VAT must be charged. Experts say the debate will centre on whether the licence auctions constituted a "telecoms activity".
stv
- 16 May 2003 08:29
- 384 of 498
L2? OOM's v.strong & has held above 58 this morning. US needs to be weaker for it to fall! Did you topup or offload yesterday or what price are you holding out for?
ainsoph - 16 May 2003 08:34 - 385 of 498
Still holding my full number and looking for 60p + with a fair wind. US nas off 3.5 points at this time but it is Friday. Lots of good news around for 00m and sentiment is improving.
Sector plus 0.48%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (38.46%) 5 (32.48%) 760,409 58.33 - 59.07 1,580,500 (67.52%) 8 (61.54%)
5% (35.29%) 6 (31.36%) 934,612 58.22 - 59.19 2,045,500 (68.64%) 11 (64.71%)
10% (28.00%) 7 (20.24%) 950,412 58.20 - 59.81 3,745,515 (79.76%) 18 (72.00%)
15% (34.48%) 10 (28.37%) 1,489,301 56.67 - 59.82 3,760,515 (71.63%) 19 (65.52%)
50% (40.00%) 14 (40.76%) 2,621,886 54.32 - 59.88 3,811,207 (59.24%) 21 (60.00%)
100% (46.15%) 18 (40.99%) 2,646,906 54.16 - 59.88 3,811,207 (59.01%) 21 (53.85%)
all (45.00%) 18 (40.96%) 2,646,906 54.16 - 59.98 3,815,207 (59.04%) 22 (55.00%)
Sector plus 0.48%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (38.46%) 5 (32.48%) 760,409 58.33 - 59.07 1,580,500 (67.52%) 8 (61.54%)
5% (35.29%) 6 (31.36%) 934,612 58.22 - 59.19 2,045,500 (68.64%) 11 (64.71%)
10% (28.00%) 7 (20.24%) 950,412 58.20 - 59.81 3,745,515 (79.76%) 18 (72.00%)
15% (34.48%) 10 (28.37%) 1,489,301 56.67 - 59.82 3,760,515 (71.63%) 19 (65.52%)
50% (40.00%) 14 (40.76%) 2,621,886 54.32 - 59.88 3,811,207 (59.24%) 21 (60.00%)
100% (46.15%) 18 (40.99%) 2,646,906 54.16 - 59.88 3,811,207 (59.01%) 21 (53.85%)
all (45.00%) 18 (40.96%) 2,646,906 54.16 - 59.98 3,815,207 (59.04%) 22 (55.00%)
ainsoph - 16 May 2003 08:43 - 386 of 498
Volumes are high this morning with 14 million shares traded already - always a good sign on a plus day
ains
ains
ainsoph - 16 May 2003 10:45 - 387 of 498
We are at the 60p threshold
02:00 AM May. 16, 2003 PT
Being part of the "in" crowd for teens used to mean hanging out where the cool kids were -- the mall, the house party, the rave.
Now all they have to do is be within cell-phone range.
She's Gotta Have It: Cell Phone
The cell phone has become a primary mode of socializing for teens and they will often avoid contact with peers that don't have cell phones, according to a study by Context. The Baltimore company uses anthropologists to study consumer trends.
"Next time a teenager says, 'Mom if I don't have a phone,' or 'Dad, if I don't have a phone, I'm going to be a nobody,' they are being serious," said Robbie Blinkoff, Context's principal anthropologist.
Blinkoff and his colleagues studied the behavior of 144 cell-phone users between the ages of 16 and 40 from several countries and found that teenagers were so immersed in the technology that they often saw little difference between meeting face to face and talking on the phone. A common scene they observed was a group of teenagers sitting together -- all with ears glued to cell phones -- talking with faraway friends rather than to each other.
In the study, teens who had no cell phones and whose numbers were not included in someone's phone book could pretty much write off the possibility of speaking with any of the teens with cell phones, a group Blinkoff refers to as "mobiles."
While saying he didn't think the cell-phone-toting teens were intentionally acting rude, he said he suspects that a new kind of "digital divide" has been created, similar to the gap among PC haves and have-nots.
Blinkoff said "mobiles" represent a class of people who are heavy users of wireless technology such as cell phones and wirelessly enabled laptops and personal digital assistants.
"If you don't use the technology, you are not part of the class," he said. "If you are not a name or number on my phone book, then you are not on my radar screen."
For teens, this behavior is completely normal and acceptable, the authors of the Context study said. Wireless industry analysts also weren't surprised by the group's findings.
Not having a cell phone is "like having last year's sneakers," said Seamus McAteer, principal analyst at market research and consulting company Zelos Group. "It's a social faux pas for kids."
In the adult world, however, what's considered "rude" cell-phone use has created a backlash.
Most recently, New York City passed a law that fines people whose cell phones ring in "places of public performance." And as Context observed in its study, a myriad of stores and places that wish for silence, such as libraries and movie theatres, tend to stick threatening signs asking patrons to turn off their phones, or better yet, to not bring them in at all.
"I don't think that the cell phone is causing us to be rude," said Paul Dittner, an analyst with market research firm Gartner Dataquest. "It's just another opportunity to create norms and accepted behavior."
New York state and a handful of cities in the United States now ban the use of cell phones while driving, as do a handful of countries, including Israel, Great Britain and Italy.
Alan Reiter, president of consulting group Wireless Internet & Mobile Computing, said "antisocial" behavior because of technology has existed since the beginning of civilization.
"I bet you can find an academic source who can point to rudeness in the Roman and Greek era," he said. "'I have a chariot and you don't.'"
But adults, like the teens, find themselves tied to their mobile phones, according to Context. Parents are just as guilty as their teenage kids of accepting cell-phone calls during dinner, the study said.
Business decisions are often made over cell phones from anywhere, including the dinner table. Much tardiness at meetings can now be blamed on cell phones when users feel they can quickly call and say they are running late.
And almost everyone -- including those whom the Context study considers moderate cell-phone users -- felt anxious during the phase of the study -- termed "deprivation" -- that required them to give up their phones for a few days.
"The people who had become a part of the mobiles group had a hard time doing deprivation at all," Blinkoff said. "They couldn't do it at all."
02:00 AM May. 16, 2003 PT
Being part of the "in" crowd for teens used to mean hanging out where the cool kids were -- the mall, the house party, the rave.
Now all they have to do is be within cell-phone range.
She's Gotta Have It: Cell Phone
The cell phone has become a primary mode of socializing for teens and they will often avoid contact with peers that don't have cell phones, according to a study by Context. The Baltimore company uses anthropologists to study consumer trends.
"Next time a teenager says, 'Mom if I don't have a phone,' or 'Dad, if I don't have a phone, I'm going to be a nobody,' they are being serious," said Robbie Blinkoff, Context's principal anthropologist.
Blinkoff and his colleagues studied the behavior of 144 cell-phone users between the ages of 16 and 40 from several countries and found that teenagers were so immersed in the technology that they often saw little difference between meeting face to face and talking on the phone. A common scene they observed was a group of teenagers sitting together -- all with ears glued to cell phones -- talking with faraway friends rather than to each other.
In the study, teens who had no cell phones and whose numbers were not included in someone's phone book could pretty much write off the possibility of speaking with any of the teens with cell phones, a group Blinkoff refers to as "mobiles."
While saying he didn't think the cell-phone-toting teens were intentionally acting rude, he said he suspects that a new kind of "digital divide" has been created, similar to the gap among PC haves and have-nots.
Blinkoff said "mobiles" represent a class of people who are heavy users of wireless technology such as cell phones and wirelessly enabled laptops and personal digital assistants.
"If you don't use the technology, you are not part of the class," he said. "If you are not a name or number on my phone book, then you are not on my radar screen."
For teens, this behavior is completely normal and acceptable, the authors of the Context study said. Wireless industry analysts also weren't surprised by the group's findings.
Not having a cell phone is "like having last year's sneakers," said Seamus McAteer, principal analyst at market research and consulting company Zelos Group. "It's a social faux pas for kids."
In the adult world, however, what's considered "rude" cell-phone use has created a backlash.
Most recently, New York City passed a law that fines people whose cell phones ring in "places of public performance." And as Context observed in its study, a myriad of stores and places that wish for silence, such as libraries and movie theatres, tend to stick threatening signs asking patrons to turn off their phones, or better yet, to not bring them in at all.
"I don't think that the cell phone is causing us to be rude," said Paul Dittner, an analyst with market research firm Gartner Dataquest. "It's just another opportunity to create norms and accepted behavior."
New York state and a handful of cities in the United States now ban the use of cell phones while driving, as do a handful of countries, including Israel, Great Britain and Italy.
Alan Reiter, president of consulting group Wireless Internet & Mobile Computing, said "antisocial" behavior because of technology has existed since the beginning of civilization.
"I bet you can find an academic source who can point to rudeness in the Roman and Greek era," he said. "'I have a chariot and you don't.'"
But adults, like the teens, find themselves tied to their mobile phones, according to Context. Parents are just as guilty as their teenage kids of accepting cell-phone calls during dinner, the study said.
Business decisions are often made over cell phones from anywhere, including the dinner table. Much tardiness at meetings can now be blamed on cell phones when users feel they can quickly call and say they are running late.
And almost everyone -- including those whom the Context study considers moderate cell-phone users -- felt anxious during the phase of the study -- termed "deprivation" -- that required them to give up their phones for a few days.
"The people who had become a part of the mobiles group had a hard time doing deprivation at all," Blinkoff said. "They couldn't do it at all."
ainsoph - 16 May 2003 11:47 - 388 of 498
Mobile operators set for VAT dogfight
By AccountancyAge.com [16-05-2003]
Mobile operators that bid for 3G licences are taking steps to reclaim an estimated 3.9bn in VAT from Customs & Excise, but are facing a long hard fight as the government tries to hold onto falling tax revenues.
Link: Mobile providers will fail
The mobile operators, most of whom are crippled by massive debts from bidding for and paying for the licences, must prove that VAT was included in the auctions to win a rebate.
According to the FT, they have now written to the Radio Communications Agency, the body which sold the licences, demanding copies of VAT invoices.
One operator, Dutch telecom KPN, has already been told by the RCA that the auction did not include VAT.
By AccountancyAge.com [16-05-2003]
Mobile operators that bid for 3G licences are taking steps to reclaim an estimated 3.9bn in VAT from Customs & Excise, but are facing a long hard fight as the government tries to hold onto falling tax revenues.
Link: Mobile providers will fail
The mobile operators, most of whom are crippled by massive debts from bidding for and paying for the licences, must prove that VAT was included in the auctions to win a rebate.
According to the FT, they have now written to the Radio Communications Agency, the body which sold the licences, demanding copies of VAT invoices.
One operator, Dutch telecom KPN, has already been told by the RCA that the auction did not include VAT.
stv
- 16 May 2003 12:53
- 389 of 498
What L2 like, strong support. Have you offloaded? or what price will you sell at?
ainsoph - 16 May 2003 12:55 - 390 of 498
stil holding but could trade a few before close
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (92.31%) 12 (99.56%) 2,230,462 59.75 - 59.50 9,820 (0.44%) 1 (7.69%)
5% (51.72%) 15 (56.27%) 2,863,333 59.59 - 60.43 2,225,297 (43.73%) 14 (48.28%)
10% (58.14%) 25 (60.82%) 4,344,446 59.14 - 60.60 2,798,209 (39.18%) 18 (41.86%)
15% (55.10%) 27 (62.51%) 4,858,335 58.60 - 60.77 2,913,901 (37.49%) 22 (44.90%)
50% (56.00%) 28 (62.63%) 4,883,335 58.57 - 60.77 2,913,901 (37.37%) 22 (44.00%)
100% (60.71%) 34 (63.70%) 5,113,355 58.12 - 60.77 2,913,901 (36.30%) 22 (39.29%)
all (59.65%) 34 (63.67%) 5,113,355 58.12 - 60.89 2,917,901 (36.33%) 23 (40.35%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (92.31%) 12 (99.56%) 2,230,462 59.75 - 59.50 9,820 (0.44%) 1 (7.69%)
5% (51.72%) 15 (56.27%) 2,863,333 59.59 - 60.43 2,225,297 (43.73%) 14 (48.28%)
10% (58.14%) 25 (60.82%) 4,344,446 59.14 - 60.60 2,798,209 (39.18%) 18 (41.86%)
15% (55.10%) 27 (62.51%) 4,858,335 58.60 - 60.77 2,913,901 (37.49%) 22 (44.90%)
50% (56.00%) 28 (62.63%) 4,883,335 58.57 - 60.77 2,913,901 (37.37%) 22 (44.00%)
100% (60.71%) 34 (63.70%) 5,113,355 58.12 - 60.77 2,913,901 (36.30%) 22 (39.29%)
all (59.65%) 34 (63.67%) 5,113,355 58.12 - 60.89 2,917,901 (36.33%) 23 (40.35%)
ainsoph - 16 May 2003 14:31 - 391 of 498
reuters
BT (LSE: BT.L - news - msgs) , MMO2 RESULTS
Europe's fifth largest mobile phone company mmO2 , increasingly seen as a takeover target, reports first half numbers, while BT will also update investors.
Analysts polled by Reuters expect BT to show full-year underlying pre-tax profit at between 1.784 billion and 1.835 billion pounds up from the previous year's 1.273 billion.
Darren Winder, UK equity strategist at UBS Warburg said UK equities were undervalued.
"There is still quite good valuation support in equities. It does seem more appropriate to take profits in bonds than equities," said Winder.
Britain's institutional and retail funds cut their holdings of bonds and raised their exposure to equities in April, monthly data from Lipper showed on Friday.
"With the dividend yield at 3-4 percent and a third of the market with price to earnings ratios as low as the last recession, support is pretty strong," said Winder.
"People if anything are thinking too negatively about future growth prospects. The underlying picture globally is one of expansionism," he added.
BT (LSE: BT.L - news - msgs) , MMO2 RESULTS
Europe's fifth largest mobile phone company mmO2 , increasingly seen as a takeover target, reports first half numbers, while BT will also update investors.
Analysts polled by Reuters expect BT to show full-year underlying pre-tax profit at between 1.784 billion and 1.835 billion pounds up from the previous year's 1.273 billion.
Darren Winder, UK equity strategist at UBS Warburg said UK equities were undervalued.
"There is still quite good valuation support in equities. It does seem more appropriate to take profits in bonds than equities," said Winder.
Britain's institutional and retail funds cut their holdings of bonds and raised their exposure to equities in April, monthly data from Lipper showed on Friday.
"With the dividend yield at 3-4 percent and a third of the market with price to earnings ratios as low as the last recession, support is pretty strong," said Winder.
"People if anything are thinking too negatively about future growth prospects. The underlying picture globally is one of expansionism," he added.
ainsoph - 16 May 2003 15:17 - 392 of 498
Friday 16th May 2003
Winston Chai, CNETAsia
A digital pen being developed by Nokia allows mobile phone users to write or draw a message, transfer it to the phone and then distribute it via MMS
Finnish phone giant Nokia aims to have users scribble their thoughts with a pen-like device, and send the writing through multimedia messaging (MMS).
When used with a specially-printed notepad, Nokia's new gadget -- the Digital Pen SU-1B -- allows users to write in digital ink and transfer the image to their mobile phones via Bluetooth radio.
The notepad contains paper that is otherwise ordinary except for printed command symbols that can be sensed by the pen. These symbols allow it to know what page it is on, and by ticking the symbols, the user can specify line colour and thickness.
The text will be saved in the commonly-used GIF picture format and users can then send them to an MMS-enabled handset like the Nokia 7650 and 3650, or an email address, the firm said on its Web site.
The device also connects to a PC through a bundled docking station with a USB (Universal Serial Bus) interface, so that writing can be uploaded to the computer. However, the pen itself can store up to 100 A5-sized pages of text, Nokia said.
To convert written words into computer text, the user must purchase a third-party character recognition software package, according to Nokia.
A Nokia Asia-Pacific spokeswoman said the digital pen was first previewed in Hong Kong in March but shipments will have to wait till the third quarter.
"The retail price will vary from market to market as the pricing will be determined by distributors and operators in the various Asia-Pacific countries," she said.
Coincidentally, Nokia has invited the press in Singapore to a launch later this week. The invitation letter suggests that the device is pen-like. The Nokia spokeswoman, however, told CNETAsia that a different product, not the Digital Pen SU-1B, will be showcased.
Nokia's foray into the world of digital ink is not unique. Rival handset maker Ericsson also introduced a similar device in 2001.
Coined Chatpen, the gadget can transfer handwritten messages to mobile phones via Bluetooth, like Nokia's pen. Instead of sending the information via MMS however, Ericsson's device does so through GPRS (General Packet Radio Service).
Digital pens have also emerged in the PC realm. Last September, Swiss computer peripheral maker Logitech launched its Io pen, a device with the ability to capture and stores a person's handwritten notes which can then be transferred to a computer.
Winston Chai, CNETAsia
A digital pen being developed by Nokia allows mobile phone users to write or draw a message, transfer it to the phone and then distribute it via MMS
Finnish phone giant Nokia aims to have users scribble their thoughts with a pen-like device, and send the writing through multimedia messaging (MMS).
When used with a specially-printed notepad, Nokia's new gadget -- the Digital Pen SU-1B -- allows users to write in digital ink and transfer the image to their mobile phones via Bluetooth radio.
The notepad contains paper that is otherwise ordinary except for printed command symbols that can be sensed by the pen. These symbols allow it to know what page it is on, and by ticking the symbols, the user can specify line colour and thickness.
The text will be saved in the commonly-used GIF picture format and users can then send them to an MMS-enabled handset like the Nokia 7650 and 3650, or an email address, the firm said on its Web site.
The device also connects to a PC through a bundled docking station with a USB (Universal Serial Bus) interface, so that writing can be uploaded to the computer. However, the pen itself can store up to 100 A5-sized pages of text, Nokia said.
To convert written words into computer text, the user must purchase a third-party character recognition software package, according to Nokia.
A Nokia Asia-Pacific spokeswoman said the digital pen was first previewed in Hong Kong in March but shipments will have to wait till the third quarter.
"The retail price will vary from market to market as the pricing will be determined by distributors and operators in the various Asia-Pacific countries," she said.
Coincidentally, Nokia has invited the press in Singapore to a launch later this week. The invitation letter suggests that the device is pen-like. The Nokia spokeswoman, however, told CNETAsia that a different product, not the Digital Pen SU-1B, will be showcased.
Nokia's foray into the world of digital ink is not unique. Rival handset maker Ericsson also introduced a similar device in 2001.
Coined Chatpen, the gadget can transfer handwritten messages to mobile phones via Bluetooth, like Nokia's pen. Instead of sending the information via MMS however, Ericsson's device does so through GPRS (General Packet Radio Service).
Digital pens have also emerged in the PC realm. Last September, Swiss computer peripheral maker Logitech launched its Io pen, a device with the ability to capture and stores a person's handwritten notes which can then be transferred to a computer.
ainsoph - 18 May 2003 10:52 - 393 of 498
Spying a gap in the security of cyberspace
Mobile phone security is becoming more sophisticated, but data will never be totally secure - and intelligence agencies want to keep it that way
Conal Walsh
Sunday May 18, 2003
The Observer
How secure are mobile phones? It is a question that will become ever more pressing as the new 2.5G and 3G phones take over in the next few years, providing their owners with powerful internet facilities and full access to their corporate intranets while out of the office. But there is also the risk that they will be vulnerable to attack from hackers.
More and more businesses, especially those with itinerant sales forces, such as insurance companies, have 'virtual private networks' (VPNs), allowing employees to view their corporate intranets from anywhere.
But the new mobile phones will multiply the number of people logging on. And with so much sensitive commercial information suddenly hurtling through cyberspace, a big concern will be to keep it out of the hands of saboteurs and corporate spies.
Security breaches are already thought to cost US businesses $500m a year, and safeguarding sensitive information is at the top of many 'to-do' lists in the IT departments of large companies.
'The true potential for generating revenue from mobile data services will only be realised if network operators guarantee delivery of the level of security their customers demand,' said a recent study by Lucent Technologies.
But Mark Blowers, an analyst at the Butler Group, fears that an industry-wide accepted strategy to combat security breaches is many years away.
'The new phones from Nokia, Siemens and others are basically little PCs. They are based on Java, or on the Symbian operating system, and they transport data around in "packets". So they're vulnerable to hackers or viruses in a way that phones never were previously,' he said.
Of course, internet technologies have their own security features, many with a good record. Secure socket layer (SSL), the encryption facility originally designed by Netscape, allows surfers to make credit card payments over the net. But it doesn't always work. And with new mobile technology bringing large volumes of sensitive corporate information on to the web, even one major leakage could be disastrous.
As it happens, the new mobile phones will use not SSL but newer security standards such as IPsec (short for IP security), which provide easy access to a greater variety of applications and folders on the corporate server and also transmit data faster.
But however effectively confidential information is encrypted, there is still no guarantee that the right person is receiving or sending it. Sometimes all a hacker has to do is get hold of the right password.
'Authentication is the biggest problem,' says Blowers. 'How do you really know who's logging on to your corporate system? Are passwords really the way forward? Maybe we should be focusing more on authentica tion technology. There are sophisticated voice-recognition and biometric identification systems out there, but the mobile industry hasn't shown much interest.'
At least mobile phone users are usually more easily identified than PC users, because of the SIM cards in the handsets. But there are still a thousand ways in which a phone and its Pin number could fall into the wrong hands.
In the absence of any more futuristic alternatives, businesses are being urged not to forget an old-fashioned system of passwords and usernames to give added layers of protection to their VPNs.
The likes of McAfee and Texas Instruments are busy developing security-enhancement products for mobile operators and the manufacturers of mobile phone devices, as well as large businesses with highly developed remote access systems.
But ultimately, the next generation of mobiles will offer no absolute guarantees of security from hackers, and it will remain the responsibility of companies to decide how much money they want to spend on keeping their systems secure.
Mike Gerdes, research director for the security firm Red Siren, has expressed a fear that unwise skimping might even extend to certain network operators reluctant to pay for the extra servers required to safeguard their clients' security.
On the other hand, the added security benefits of 3G and 2.5G phones are designed not only for phone users, but for the mobile phone companies themselves. Second-generation mobiles have always been vulnerable to hackers who set up their own transmitters, known in the trade as 'rogue base stations', to intercept or misdirect traffic or hop on to a carrier network for free.
Few, if any, mobile phone operators admit how much money they are losing through this practice, but many experts estimate that 'piracy' is costing them more than 10 per cent of total revenues. The new technology is designed to thwart it.
With encryption becoming ever cheaper, more powerful and more difficult to crack, a halt to progress may come from an unlikely source: our intelligence agencies. Correspondence between the British and US governments, obtained recently by the Guardian under America's freedom of information laws, reveals concern about encryption at the highest levels.
In May 1999, Janet Reno, then US Attorney General, wrote to Jack Straw, then Home Secretary, saying: 'I believe that the difficulties that encryption will pose for law enforcement are among the greatest challenges we will face in the coming years.' Straw replied: 'I fully share your concern at the threat posed by criminal use of encryption.'
Since then, the 11 September attacks have added urgency to official eavesdrop ping, and new laws make it easier for law enforcement agencies to confiscate encryption codes. They are unlikely to countenance any technology that makes it more difficult to catch terrorists.
Mobile phone security is becoming more sophisticated, but data will never be totally secure - and intelligence agencies want to keep it that way
Conal Walsh
Sunday May 18, 2003
The Observer
How secure are mobile phones? It is a question that will become ever more pressing as the new 2.5G and 3G phones take over in the next few years, providing their owners with powerful internet facilities and full access to their corporate intranets while out of the office. But there is also the risk that they will be vulnerable to attack from hackers.
More and more businesses, especially those with itinerant sales forces, such as insurance companies, have 'virtual private networks' (VPNs), allowing employees to view their corporate intranets from anywhere.
But the new mobile phones will multiply the number of people logging on. And with so much sensitive commercial information suddenly hurtling through cyberspace, a big concern will be to keep it out of the hands of saboteurs and corporate spies.
Security breaches are already thought to cost US businesses $500m a year, and safeguarding sensitive information is at the top of many 'to-do' lists in the IT departments of large companies.
'The true potential for generating revenue from mobile data services will only be realised if network operators guarantee delivery of the level of security their customers demand,' said a recent study by Lucent Technologies.
But Mark Blowers, an analyst at the Butler Group, fears that an industry-wide accepted strategy to combat security breaches is many years away.
'The new phones from Nokia, Siemens and others are basically little PCs. They are based on Java, or on the Symbian operating system, and they transport data around in "packets". So they're vulnerable to hackers or viruses in a way that phones never were previously,' he said.
Of course, internet technologies have their own security features, many with a good record. Secure socket layer (SSL), the encryption facility originally designed by Netscape, allows surfers to make credit card payments over the net. But it doesn't always work. And with new mobile technology bringing large volumes of sensitive corporate information on to the web, even one major leakage could be disastrous.
As it happens, the new mobile phones will use not SSL but newer security standards such as IPsec (short for IP security), which provide easy access to a greater variety of applications and folders on the corporate server and also transmit data faster.
But however effectively confidential information is encrypted, there is still no guarantee that the right person is receiving or sending it. Sometimes all a hacker has to do is get hold of the right password.
'Authentication is the biggest problem,' says Blowers. 'How do you really know who's logging on to your corporate system? Are passwords really the way forward? Maybe we should be focusing more on authentica tion technology. There are sophisticated voice-recognition and biometric identification systems out there, but the mobile industry hasn't shown much interest.'
At least mobile phone users are usually more easily identified than PC users, because of the SIM cards in the handsets. But there are still a thousand ways in which a phone and its Pin number could fall into the wrong hands.
In the absence of any more futuristic alternatives, businesses are being urged not to forget an old-fashioned system of passwords and usernames to give added layers of protection to their VPNs.
The likes of McAfee and Texas Instruments are busy developing security-enhancement products for mobile operators and the manufacturers of mobile phone devices, as well as large businesses with highly developed remote access systems.
But ultimately, the next generation of mobiles will offer no absolute guarantees of security from hackers, and it will remain the responsibility of companies to decide how much money they want to spend on keeping their systems secure.
Mike Gerdes, research director for the security firm Red Siren, has expressed a fear that unwise skimping might even extend to certain network operators reluctant to pay for the extra servers required to safeguard their clients' security.
On the other hand, the added security benefits of 3G and 2.5G phones are designed not only for phone users, but for the mobile phone companies themselves. Second-generation mobiles have always been vulnerable to hackers who set up their own transmitters, known in the trade as 'rogue base stations', to intercept or misdirect traffic or hop on to a carrier network for free.
Few, if any, mobile phone operators admit how much money they are losing through this practice, but many experts estimate that 'piracy' is costing them more than 10 per cent of total revenues. The new technology is designed to thwart it.
With encryption becoming ever cheaper, more powerful and more difficult to crack, a halt to progress may come from an unlikely source: our intelligence agencies. Correspondence between the British and US governments, obtained recently by the Guardian under America's freedom of information laws, reveals concern about encryption at the highest levels.
In May 1999, Janet Reno, then US Attorney General, wrote to Jack Straw, then Home Secretary, saying: 'I believe that the difficulties that encryption will pose for law enforcement are among the greatest challenges we will face in the coming years.' Straw replied: 'I fully share your concern at the threat posed by criminal use of encryption.'
Since then, the 11 September attacks have added urgency to official eavesdrop ping, and new laws make it easier for law enforcement agencies to confiscate encryption codes. They are unlikely to countenance any technology that makes it more difficult to catch terrorists.
ainsoph - 18 May 2003 10:54 - 394 of 498
May 18, 2003 S TIMES
Inside the City: Paul Durman: 3G phone firms hit the wrong numbers
THE 3G chickens or are they turkeys? are coming home to roost. This week, three years after the mobile-phone companies paid 22.5 billion for the right to offer third generation services, MMO2 may become the first British operator to write down the value of its licence.
This would be a brave but entirely logical decision. After all, the two or three-year delay in the arrival of 3G has cut short the most profitable part of the licence period the final years, when all investment has been made, when consumers have been won over to video phones and the mobile internet, and when the business is largely a matter of collecting the money.
The stock market has done the sums. Until a few weeks ago, the market value for MMO2s entire business was less than the 4 billion it paid for its UK licence. With the 5.2 billion paid for its German licence, MMO2s net assets total an absurdly puffed-up 18.8 billion.
Half of this is in intangible assets that are not earning any return. In an era when the accuracy of accounts has become paramount, that looks distinctly odd.
Vodafone faces similar issues, of course, but it appears much less willing to introduce its balance sheet to reality. The unchallenged victor of the mobile wars has fiercely resisted the suggestion that it might have overpaid for 3G licences, even if they were bought at the peak of the telecoms bubble.
Moreover, Sir Chris Gent, currently on a farewell tour of his far-flung empire, will be extremely reluctant to announce a big loss in his final set of results as chief executive. Expect his board to spare him the embarrassment.
In fairness, 3G licence costs are a small part of the 150 billion of intangible assets on Vodafones balance sheet. In addition, the chances of it cleaning up in 3G are improving by the week.
The reason is the unfolding tragi-comedy at 3, the unfortunately named pioneer of 3G in Britain. It has become increasingly clear that 3 launched before it, or the technology, was ready, seemingly under pressure from Canning Fok, managing director of Hutchison Whampoa, the companys controlling shareholder.
The management team at 3 was the B-team from Orange, Hutchisons previous mobile venture. But the company appears to have much more in common with Rabbit, Oranges unsuccessful predecessor.
The problems are legion. It is sometimes taking more than a week to activate the NEC video phones, which are bulky and suffer from short battery life. In internet chatrooms, users complain of appalling customer service while insiders talk of chaotic back- office systems. Returns are said to be running at up to 30% and any hopes of charging 400 for the phones seem fanciful.
Introducing a complicated new technology never runs smoothly. But 3 has surrendered any right to sympathy because of its complete inability to be honest about its problems. The company has denied its systems were in a mess, denied that it was going to be late with its launch, denied that it was suffering from a shortage of phones. All of this was true.
A flurry of senior departures led last week to the appointment of Bob Fuller, who has been running Hutchison 3G in Italy, as co chief executive effectively neutering Colin Tucker, who has been promoted out of harms way.
One well-placed and exasperated source who contacted me last week said: It is a really bad, unpleasant place to work . . . Nobody thinks it is possible to achieve Canning Foks (sales) target of 1m . . . The returns from retail are high and increasing.
The gossip is that Lisa Gernon, strategy and marketing director, will be next to leave. Of course, 3 is doing its best to deny it.
Inside the City: Paul Durman: 3G phone firms hit the wrong numbers
THE 3G chickens or are they turkeys? are coming home to roost. This week, three years after the mobile-phone companies paid 22.5 billion for the right to offer third generation services, MMO2 may become the first British operator to write down the value of its licence.
This would be a brave but entirely logical decision. After all, the two or three-year delay in the arrival of 3G has cut short the most profitable part of the licence period the final years, when all investment has been made, when consumers have been won over to video phones and the mobile internet, and when the business is largely a matter of collecting the money.
The stock market has done the sums. Until a few weeks ago, the market value for MMO2s entire business was less than the 4 billion it paid for its UK licence. With the 5.2 billion paid for its German licence, MMO2s net assets total an absurdly puffed-up 18.8 billion.
Half of this is in intangible assets that are not earning any return. In an era when the accuracy of accounts has become paramount, that looks distinctly odd.
Vodafone faces similar issues, of course, but it appears much less willing to introduce its balance sheet to reality. The unchallenged victor of the mobile wars has fiercely resisted the suggestion that it might have overpaid for 3G licences, even if they were bought at the peak of the telecoms bubble.
Moreover, Sir Chris Gent, currently on a farewell tour of his far-flung empire, will be extremely reluctant to announce a big loss in his final set of results as chief executive. Expect his board to spare him the embarrassment.
In fairness, 3G licence costs are a small part of the 150 billion of intangible assets on Vodafones balance sheet. In addition, the chances of it cleaning up in 3G are improving by the week.
The reason is the unfolding tragi-comedy at 3, the unfortunately named pioneer of 3G in Britain. It has become increasingly clear that 3 launched before it, or the technology, was ready, seemingly under pressure from Canning Fok, managing director of Hutchison Whampoa, the companys controlling shareholder.
The management team at 3 was the B-team from Orange, Hutchisons previous mobile venture. But the company appears to have much more in common with Rabbit, Oranges unsuccessful predecessor.
The problems are legion. It is sometimes taking more than a week to activate the NEC video phones, which are bulky and suffer from short battery life. In internet chatrooms, users complain of appalling customer service while insiders talk of chaotic back- office systems. Returns are said to be running at up to 30% and any hopes of charging 400 for the phones seem fanciful.
Introducing a complicated new technology never runs smoothly. But 3 has surrendered any right to sympathy because of its complete inability to be honest about its problems. The company has denied its systems were in a mess, denied that it was going to be late with its launch, denied that it was suffering from a shortage of phones. All of this was true.
A flurry of senior departures led last week to the appointment of Bob Fuller, who has been running Hutchison 3G in Italy, as co chief executive effectively neutering Colin Tucker, who has been promoted out of harms way.
One well-placed and exasperated source who contacted me last week said: It is a really bad, unpleasant place to work . . . Nobody thinks it is possible to achieve Canning Foks (sales) target of 1m . . . The returns from retail are high and increasing.
The gossip is that Lisa Gernon, strategy and marketing director, will be next to leave. Of course, 3 is doing its best to deny it.
ainsoph - 18 May 2003 11:18 - 395 of 498
I will be looking to take advantage of any short term dips generated by any misunderstanding of the figures
May 18, 2003
MMO2 faces giant loss after 3G write-downs
Paul Durman S TIMES
MMO2, the mobile-phone company spun off from BT, is expected this week to announce a multi-billion pound loss.
The company is expected to take a large write-down on the value of its businesses and to cut the 9.2 billion book value of its British and German licences to offer third generation mobile-phone services.
Some analysts believe the total pre-tax loss could be as high as 5 billion. However, investors will be reassured that underlying profits will double to about 850m.
MMO2 has said it will take a 1.4 billion write-down on the recent sale of its weak Dutch business which triggered a rise in its share price.
However, it is also concerned about the true value of its expensively acquired 3G licences, which represent almost half of its 18.8 billion of net assets.
The introduction of 3G mobile services has been delayed by problems with the technology. Peter Erskine, MMO2s chief executive, has been among the industrys most cautious figures about 3G a view that has allowed him to postpone heavy investment in new network equipment.
The delays mean MMO2 and its rivals have less time to earn a return on their investment, thus reducing licence values.
Analysts expect MMO2 to report an 11% growth in revenues to about 4.8 billion. The company, previously known as Cellnet, has performed well since it was rebranded as O2 last year, and is expected to report further progress in annual revenue per user.
May 18, 2003
MMO2 faces giant loss after 3G write-downs
Paul Durman S TIMES
MMO2, the mobile-phone company spun off from BT, is expected this week to announce a multi-billion pound loss.
The company is expected to take a large write-down on the value of its businesses and to cut the 9.2 billion book value of its British and German licences to offer third generation mobile-phone services.
Some analysts believe the total pre-tax loss could be as high as 5 billion. However, investors will be reassured that underlying profits will double to about 850m.
MMO2 has said it will take a 1.4 billion write-down on the recent sale of its weak Dutch business which triggered a rise in its share price.
However, it is also concerned about the true value of its expensively acquired 3G licences, which represent almost half of its 18.8 billion of net assets.
The introduction of 3G mobile services has been delayed by problems with the technology. Peter Erskine, MMO2s chief executive, has been among the industrys most cautious figures about 3G a view that has allowed him to postpone heavy investment in new network equipment.
The delays mean MMO2 and its rivals have less time to earn a return on their investment, thus reducing licence values.
Analysts expect MMO2 to report an 11% growth in revenues to about 4.8 billion. The company, previously known as Cellnet, has performed well since it was rebranded as O2 last year, and is expected to report further progress in annual revenue per user.
ainsoph - 18 May 2003 21:06 - 396 of 498
Full story in the Indy
Mobile operator 3 'unlikely to survive beyond 2006'
By Liz Vaughan-Adams
19 May 2003
The mobile phone operator 3 is unlikely to still be trading by 2006, having been broken up or sold off before that, according to the industry research house Enders Analysis.
3 launched the UK's first commercial third generation (3G) phone service in March and has been dogged by technical problems. There are now fears the company will not even get close to its target of 1 million customers in the UK by the end of the year.
Mobile operator 3 'unlikely to survive beyond 2006'
By Liz Vaughan-Adams
19 May 2003
The mobile phone operator 3 is unlikely to still be trading by 2006, having been broken up or sold off before that, according to the industry research house Enders Analysis.
3 launched the UK's first commercial third generation (3G) phone service in March and has been dogged by technical problems. There are now fears the company will not even get close to its target of 1 million customers in the UK by the end of the year.
ainsoph - 19 May 2003 07:44 - 397 of 498
Richard Wray
Monday May 19, 2003
The Guardian
Mobile phone operator MMO2 will this week announce a dramatic drop into the red as it slashes the value of its business including the licences it bought
to operate so-called next generation or 3G services.
The company warned earlier this year that it was reviewing its balance sheet and it is expected to announce, alongside its annual results on Wednesday, that it is cutting up to 6bn from the value of its assets.
The majority of the writedown relates to the value of licences to operate 3G services bought at the height of the internet boom. Technical difficulties and the squeeze on telecoms spending which followed the dotcom crash have delayed the rollout of the new technology, which opens the door to new services such as video calling.
MMO2's management will point out that the 9bn bill for the 3G licences it owns in Germany and Britain was footed by its parent company at the time, BT.
Wednesday's colossal loss will include the 1.4bn hit the company was forced to take in April in order to sell its ailing Dutch business. That sale led many in the City to predict that the company would also quit the highly competitive German market where MMO2 has a share of less than 8%.
Chief executive Peter Erskine is understood to believe that the German operation, which has gained ground recently under a new manage ment team, should be given more time.
As for the underlying performance of the business, MMO2 gave the market an update about its trading in March, saying profits for the year before financial charges were likely to be in line with analysts' forecasts of 838m, compared with 433m last year.
The communications equipment manufacturer Marconi completes its financial restructuring today as shares in Marconi Corp, the new company owned largely by its banks, start trading in London.
Monday May 19, 2003
The Guardian
Mobile phone operator MMO2 will this week announce a dramatic drop into the red as it slashes the value of its business including the licences it bought
to operate so-called next generation or 3G services.
The company warned earlier this year that it was reviewing its balance sheet and it is expected to announce, alongside its annual results on Wednesday, that it is cutting up to 6bn from the value of its assets.
The majority of the writedown relates to the value of licences to operate 3G services bought at the height of the internet boom. Technical difficulties and the squeeze on telecoms spending which followed the dotcom crash have delayed the rollout of the new technology, which opens the door to new services such as video calling.
MMO2's management will point out that the 9bn bill for the 3G licences it owns in Germany and Britain was footed by its parent company at the time, BT.
Wednesday's colossal loss will include the 1.4bn hit the company was forced to take in April in order to sell its ailing Dutch business. That sale led many in the City to predict that the company would also quit the highly competitive German market where MMO2 has a share of less than 8%.
Chief executive Peter Erskine is understood to believe that the German operation, which has gained ground recently under a new manage ment team, should be given more time.
As for the underlying performance of the business, MMO2 gave the market an update about its trading in March, saying profits for the year before financial charges were likely to be in line with analysts' forecasts of 838m, compared with 433m last year.
The communications equipment manufacturer Marconi completes its financial restructuring today as shares in Marconi Corp, the new company owned largely by its banks, start trading in London.
ainsoph - 19 May 2003 07:46 - 398 of 498
The Herald this morning
The telecoms group's full-year results are likely to focus on its two main markets, the UK and Germany.
In the UK, it is expected to show good revenue growth and improving profitability, but slowing subscriber growth. It is also likely to report positive earnings in Germany, after the turnaround throughout the year. The City sees a pre-tax profit of 844m, up from 433m last year.
The telecoms group's full-year results are likely to focus on its two main markets, the UK and Germany.
In the UK, it is expected to show good revenue growth and improving profitability, but slowing subscriber growth. It is also likely to report positive earnings in Germany, after the turnaround throughout the year. The City sees a pre-tax profit of 844m, up from 433m last year.
ainsoph - 19 May 2003 07:48 - 399 of 498
broker summary
20 buy
8 hold
6 sell
20 buy
8 hold
6 sell
stv
- 19 May 2003 08:24
- 400 of 498
L2 for VOD & OOM? Moneyam is totally down this morning & cannot even see the trades now.
ainsoph - 19 May 2003 08:35 - 401 of 498
all down at this time although I have ME L1
ainsoph - 19 May 2003 09:04 - 402 of 498
There seems to be a softening up exercise going on :-))
19 May 2003 - Associated News
MOBILE phones operator mmO2 is set to write off as much as 6bn from the value of its business as it exorcises the ghosts of its former management.
The write-down - expected to be revealed with the network's annual results on Wednesday - will be an admission that more than 9bn which its former parent BT invested in licences to operate 3G multimedia networks will never deliver an adequate return.
It will also put more pressure on mobiles giant Vodafone to follow. It has so far resisted write-downs, claiming that its strong position in all of its major markets make it much more valuable than its rivals.
MmO2 boss Peter Erskine has been forced into the write-down by the sale of its Dutch arm in April. The group made a 1.4bn loss on that deal, which set a unflattering benchmark to value the rest of the group - particularly its struggling German operation.
The investments in 3G as well as the billions poured into Germany and Holland were made during a quixotic expansion bid by ousted BT chief executive Sir Peter Bonfield at the peak of the dotcom boom.
The City is expected to welcome the write-offs and says the move will make it easier for investors to track mmO2's underlying performance. They have little effect on its health because they are accounting adjustments that do not drain any cash from the balance sheet.
Stripping out these so-called 'one-off items', annual pre-tax losses are expected to almost halve from 731m to around 380m. Sales are expected to rise from 4.3bn to 4.9bn reflecting gains in market share.
19 May 2003 - Associated News
MOBILE phones operator mmO2 is set to write off as much as 6bn from the value of its business as it exorcises the ghosts of its former management.
The write-down - expected to be revealed with the network's annual results on Wednesday - will be an admission that more than 9bn which its former parent BT invested in licences to operate 3G multimedia networks will never deliver an adequate return.
It will also put more pressure on mobiles giant Vodafone to follow. It has so far resisted write-downs, claiming that its strong position in all of its major markets make it much more valuable than its rivals.
MmO2 boss Peter Erskine has been forced into the write-down by the sale of its Dutch arm in April. The group made a 1.4bn loss on that deal, which set a unflattering benchmark to value the rest of the group - particularly its struggling German operation.
The investments in 3G as well as the billions poured into Germany and Holland were made during a quixotic expansion bid by ousted BT chief executive Sir Peter Bonfield at the peak of the dotcom boom.
The City is expected to welcome the write-offs and says the move will make it easier for investors to track mmO2's underlying performance. They have little effect on its health because they are accounting adjustments that do not drain any cash from the balance sheet.
Stripping out these so-called 'one-off items', annual pre-tax losses are expected to almost halve from 731m to around 380m. Sales are expected to rise from 4.3bn to 4.9bn reflecting gains in market share.
stv
- 19 May 2003 09:42
- 403 of 498
L2 for VOD & OOM? Where do you see the price going today and over the next 2 days after results?
ainsoph - 19 May 2003 09:46 - 404 of 498
No L2 at this time
OOM - would expect this to move with the market until results are out - market seems to be heading for 3900 at this time. Now is not the time to take a new position in my views
ains
OOM - would expect this to move with the market until results are out - market seems to be heading for 3900 at this time. Now is not the time to take a new position in my views
ains
ainsoph - 19 May 2003 10:36 - 405 of 498
Released: 19 May 2003
mmO2 continued record-breaking growth for text messaging (SMS) - handling on
average more than 30 million messages per day - and other mobile data services
for the year ending 31 March 2003, it was announced today. This comes ahead of
mmO2's preliminary results this Wednesday, May 21.
Peter Erskine, chief executive of mmO2, said: 'mmO2 is gaining momentum in the
mobile data space and person-to-person SMS is the core service from which demand
for more sophisticated higher-value data services is emerging. In the third
quarter, mmO2 had already exceeded its 2002/2003 target of 16% of service
revenues from data, and this trend was further accelerated in the fourth
quarter. This puts the company well on track to achieve 25% of revenues from
data by the end of 2004.'
SMS
Group-wide, more than 11.6(1) billion text messages were sent and received
during the year and around 60% of O2 customers now use text messaging. In the
UK, O2 maintained its number one position and carried more than 8.3 billion text
messages during the year(2), giving it a market share of 35%. In all markets, O2
increased the number of customers using SMS and messages sent per month. O2
Ireland, for example, consistently achieved amongst the highest SMS usage levels
in Europe with each customer sending and receiving on average 100 messages each
per month.
Premium SMS
Taking person-to-person SMS to the next stage, O2 is also leading the market in
the provision of innovative premium text messaging services, leveraging its
partnerships in broadcast and football. In the UK, more than a third of premium
SMS's are football-related and the business handled nearly seven million premium
texts from fans during the course of the season. Arsenal's international fan
base also took advantage of ring-tones, match analysis and commentary, text
alerts and votes and multimedia messages (MMS) via their mobile handsets. The
company expects to announce plans to offer similar services for fans of other
Premiership clubs shortly.
O2 UK, in conjunction with Channel 4, is also introducing a range of new
interactive mobile data services to coincide with the launch this Friday of Big
Brother 4 - a fly-on-the-wall television programme in the UK, which it is
sponsoring for the second consecutive year. The new services will enable
customers to receive pictures, news updates and 3D talking heads of the
contestants to their MMS handsets as well as text the producers, send a message
direct to the on-screen news ticker and nominate 'housemates' for eviction. Last
year, O2 UK handled more than 10 million related texts from viewers.
In Ireland, viewers of the show can, for the first time, evict people from the
Big Brother house by using O2 Ireland's premium text service. Irish viewers can
also keep up to date throughout the nine weeks with all the hidden gossip
sessions, stolen kisses and escape plots via the Big Brother news alerts.
Peter Erskine continued: 'This year we expect to see a continuation of the
explosive growth in text and interactive services on the back of such
sponsorships as Big Brother 4. In addition, we will continue to build on the
success of the O2 brand, focus on data-centric customer segments and innovative
customer services, such as text 'Bolt-on's', to further attract and retain high
value customers.'
GPRS
Signs that usage of 'email on the move', multimedia messaging services (MMS) and
Java games is on the increase was reflected in the latest GPRS figures. mmO2 now
has more than half a million 'active' GPRS customers up from 200,000 at the end
of December 2002.
O2 media messaging
The O2 media messaging service was launched in October 2002 and by the end of
the year there were around 100,000 active MMS users across the O2 footprint,
sending an average of five messages per month. O2 has led MMS interconnect
agreements with other network operators across its territories. During the last
few months, it announced the first such deals with Vodafone, Orange and T-Mobile
in the UK and O2 customers in Germany now have full interconnect with T-Mobile,
Vodafone and E-Plus.
O2 'Games Arcade'
O2's Java games service, the O2 Games Arcade, launched in September 2002 and is
proving highly popular amongst the high value 'youth' target audience. By the
year-end more than 278,000 games had been purchased. The service is constantly
made more appealing by the addition of the latest games - more than 60 new games
have been added in the last few months as well as an online highest score
service.
Music and Video Trials
O2 has recently announced trials of video and the world's first 'music over
mobile' services using GPRS. Video services being trialled include the ability
to create and send 10-second video clips, and to browse, select and download
video clips including regularly updated news, sport, weather and entertainment.
Once selected, the clip will be 'streamed' or downloaded direct to the mobile
handset. The O2 music service enables customers to select, retrieve and store
the latest chart hits via their GPRS-enabled mobile handset onto a specially
designed 'digital music player' - and start listening in around 12 seconds. O2
is working with some of the biggest names in broadcasting and media, to support
these services, including MTV and BMG.
O2 Online
At the year-end the Online channel accounted for more than 600,000 of the O2 UK
customer base, compared to just over 300,000 at the end of last year. Online
customer ARPU is significantly higher than that of customers acquired through
other channels, in particular for pre-pay customers, mainly reflecting their
higher mobile data usage. O2 is the clear leader in the UK online market well
ahead of it s nearest competitors, reflected in overall WAP and web portal
usage, as well as customer numbers.
Note to Editors
Mobile data roaming
O2 UK offers GPRS roaming with 29 networks in 26 countries, including Australia,
Austria, Belgium, Canada, Czech Republic, Finland, France, Germany, Hong Kong,
Ireland, Italy, Netherlands, Norway, Portugal, Russia, Spain, Sweden,
Switzerland and the USA (AT&T and T-Mobile).
O2 Ireland offers GPRS roaming with the UK, Germany, Austria, Italy, USA, ,
Portugal, Czech Republic, Finland, Hong Kong, Singapore, Sweden, Norway, the
Netherlands and Israel.
O2 Germany offers GPRS roaming to Finland, France, UK, Hong Kong, Ireland,
Italy, Netherlands, Norway, Austria, Philippines, Poland, Russia, Switzerland,
Singapore, Turkey and the USA.
mmO2
mmO2 has 100% ownership of mobile network operators in four countries - the UK,
Germany, the Netherlands and Ireland - as well as a leading mobile internet
portal business. All of these businesses are branded as O2. Additionally, the
company has operations on the Isle of Man (Manx Telecom) and owns O2 Airwave -
an advanced, digital emergency communications service.
mmO2 was the first company in the world to launch and rollout a commercial GPRS
(or 2.5G) network and has secured third generation mobile telephony ('3G')
licences in the UK, Ireland, the Netherlands, and Germany.
mmO2 has some 13,500 employees, with revenues for the year ended 31 March 2002
of 4.276 billion. The company had 19.1 million customers and data represented
17.7% of total service revenues in the quarter ending 31 December 2002.
mmO2 continued record-breaking growth for text messaging (SMS) - handling on
average more than 30 million messages per day - and other mobile data services
for the year ending 31 March 2003, it was announced today. This comes ahead of
mmO2's preliminary results this Wednesday, May 21.
Peter Erskine, chief executive of mmO2, said: 'mmO2 is gaining momentum in the
mobile data space and person-to-person SMS is the core service from which demand
for more sophisticated higher-value data services is emerging. In the third
quarter, mmO2 had already exceeded its 2002/2003 target of 16% of service
revenues from data, and this trend was further accelerated in the fourth
quarter. This puts the company well on track to achieve 25% of revenues from
data by the end of 2004.'
SMS
Group-wide, more than 11.6(1) billion text messages were sent and received
during the year and around 60% of O2 customers now use text messaging. In the
UK, O2 maintained its number one position and carried more than 8.3 billion text
messages during the year(2), giving it a market share of 35%. In all markets, O2
increased the number of customers using SMS and messages sent per month. O2
Ireland, for example, consistently achieved amongst the highest SMS usage levels
in Europe with each customer sending and receiving on average 100 messages each
per month.
Premium SMS
Taking person-to-person SMS to the next stage, O2 is also leading the market in
the provision of innovative premium text messaging services, leveraging its
partnerships in broadcast and football. In the UK, more than a third of premium
SMS's are football-related and the business handled nearly seven million premium
texts from fans during the course of the season. Arsenal's international fan
base also took advantage of ring-tones, match analysis and commentary, text
alerts and votes and multimedia messages (MMS) via their mobile handsets. The
company expects to announce plans to offer similar services for fans of other
Premiership clubs shortly.
O2 UK, in conjunction with Channel 4, is also introducing a range of new
interactive mobile data services to coincide with the launch this Friday of Big
Brother 4 - a fly-on-the-wall television programme in the UK, which it is
sponsoring for the second consecutive year. The new services will enable
customers to receive pictures, news updates and 3D talking heads of the
contestants to their MMS handsets as well as text the producers, send a message
direct to the on-screen news ticker and nominate 'housemates' for eviction. Last
year, O2 UK handled more than 10 million related texts from viewers.
In Ireland, viewers of the show can, for the first time, evict people from the
Big Brother house by using O2 Ireland's premium text service. Irish viewers can
also keep up to date throughout the nine weeks with all the hidden gossip
sessions, stolen kisses and escape plots via the Big Brother news alerts.
Peter Erskine continued: 'This year we expect to see a continuation of the
explosive growth in text and interactive services on the back of such
sponsorships as Big Brother 4. In addition, we will continue to build on the
success of the O2 brand, focus on data-centric customer segments and innovative
customer services, such as text 'Bolt-on's', to further attract and retain high
value customers.'
GPRS
Signs that usage of 'email on the move', multimedia messaging services (MMS) and
Java games is on the increase was reflected in the latest GPRS figures. mmO2 now
has more than half a million 'active' GPRS customers up from 200,000 at the end
of December 2002.
O2 media messaging
The O2 media messaging service was launched in October 2002 and by the end of
the year there were around 100,000 active MMS users across the O2 footprint,
sending an average of five messages per month. O2 has led MMS interconnect
agreements with other network operators across its territories. During the last
few months, it announced the first such deals with Vodafone, Orange and T-Mobile
in the UK and O2 customers in Germany now have full interconnect with T-Mobile,
Vodafone and E-Plus.
O2 'Games Arcade'
O2's Java games service, the O2 Games Arcade, launched in September 2002 and is
proving highly popular amongst the high value 'youth' target audience. By the
year-end more than 278,000 games had been purchased. The service is constantly
made more appealing by the addition of the latest games - more than 60 new games
have been added in the last few months as well as an online highest score
service.
Music and Video Trials
O2 has recently announced trials of video and the world's first 'music over
mobile' services using GPRS. Video services being trialled include the ability
to create and send 10-second video clips, and to browse, select and download
video clips including regularly updated news, sport, weather and entertainment.
Once selected, the clip will be 'streamed' or downloaded direct to the mobile
handset. The O2 music service enables customers to select, retrieve and store
the latest chart hits via their GPRS-enabled mobile handset onto a specially
designed 'digital music player' - and start listening in around 12 seconds. O2
is working with some of the biggest names in broadcasting and media, to support
these services, including MTV and BMG.
O2 Online
At the year-end the Online channel accounted for more than 600,000 of the O2 UK
customer base, compared to just over 300,000 at the end of last year. Online
customer ARPU is significantly higher than that of customers acquired through
other channels, in particular for pre-pay customers, mainly reflecting their
higher mobile data usage. O2 is the clear leader in the UK online market well
ahead of it s nearest competitors, reflected in overall WAP and web portal
usage, as well as customer numbers.
Note to Editors
Mobile data roaming
O2 UK offers GPRS roaming with 29 networks in 26 countries, including Australia,
Austria, Belgium, Canada, Czech Republic, Finland, France, Germany, Hong Kong,
Ireland, Italy, Netherlands, Norway, Portugal, Russia, Spain, Sweden,
Switzerland and the USA (AT&T and T-Mobile).
O2 Ireland offers GPRS roaming with the UK, Germany, Austria, Italy, USA, ,
Portugal, Czech Republic, Finland, Hong Kong, Singapore, Sweden, Norway, the
Netherlands and Israel.
O2 Germany offers GPRS roaming to Finland, France, UK, Hong Kong, Ireland,
Italy, Netherlands, Norway, Austria, Philippines, Poland, Russia, Switzerland,
Singapore, Turkey and the USA.
mmO2
mmO2 has 100% ownership of mobile network operators in four countries - the UK,
Germany, the Netherlands and Ireland - as well as a leading mobile internet
portal business. All of these businesses are branded as O2. Additionally, the
company has operations on the Isle of Man (Manx Telecom) and owns O2 Airwave -
an advanced, digital emergency communications service.
mmO2 was the first company in the world to launch and rollout a commercial GPRS
(or 2.5G) network and has secured third generation mobile telephony ('3G')
licences in the UK, Ireland, the Netherlands, and Germany.
mmO2 has some 13,500 employees, with revenues for the year ended 31 March 2002
of 4.276 billion. The company had 19.1 million customers and data represented
17.7% of total service revenues in the quarter ending 31 December 2002.
ainsoph - 19 May 2003 10:43 - 406 of 498
volumes are high this morning @ 31 millions and we seem to be recovering on the trading update
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 15 (52.70%) 2,596,657 57.46 - 58.25 2,330,384 (47.30%) 15 (50.00%)
5% (55.00%) 22 (60.95%) 4,533,733 57.21 - 58.38 2,904,728 (39.05%) 18 (45.00%)
10% (54.39%) 31 (59.41%) 4,943,380 57.13 - 58.55 3,377,030 (40.59%) 26 (45.61%)
15% (49.28%) 34 (62.31%) 5,850,768 56.64 - 58.71 3,538,630 (37.69%) 35 (50.72%)
50% (46.75%) 36 (57.36%) 6,055,768 56.42 - 59.86 4,501,710 (42.64%) 41 (53.25%)
100% (48.75%) 39 (57.44%) 6,075,888 56.35 - 59.86 4,501,710 (42.56%) 41 (51.25%)
all (48.15%) 39 (57.42%) 6,075,888 56.35 - 59.94 4,505,710 (42.58%) 42 (51.85%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (50.00%) 15 (52.70%) 2,596,657 57.46 - 58.25 2,330,384 (47.30%) 15 (50.00%)
5% (55.00%) 22 (60.95%) 4,533,733 57.21 - 58.38 2,904,728 (39.05%) 18 (45.00%)
10% (54.39%) 31 (59.41%) 4,943,380 57.13 - 58.55 3,377,030 (40.59%) 26 (45.61%)
15% (49.28%) 34 (62.31%) 5,850,768 56.64 - 58.71 3,538,630 (37.69%) 35 (50.72%)
50% (46.75%) 36 (57.36%) 6,055,768 56.42 - 59.86 4,501,710 (42.64%) 41 (53.25%)
100% (48.75%) 39 (57.44%) 6,075,888 56.35 - 59.86 4,501,710 (42.56%) 41 (51.25%)
all (48.15%) 39 (57.42%) 6,075,888 56.35 - 59.94 4,505,710 (42.58%) 42 (51.85%)
stv
- 19 May 2003 11:36
- 407 of 498
L2 for VOD & OOM? Stength shown after announcement faded now back to lows, any lower poss? Do you think the price will return to 60+ either tommorrow or Wed? Did you sell any on Fri?
ainsoph - 19 May 2003 11:42 - 408 of 498
I did sell a few on Friday as I hinted .... not sure we will see 60p before the figures. markets are way down although I think they will close aabove 4000
Currently looking to buy back at sub 57p
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.25%) 18 (56.17%) 2,912,467 56.97 - 57.82 2,272,537 (43.83%) 14 (43.75%)
5% (52.38%) 22 (48.33%) 3,244,614 56.92 - 58.03 3,469,199 (51.67%) 20 (47.62%)
10% (51.79%) 29 (46.12%) 3,582,817 56.81 - 58.25 4,185,545 (53.88%) 27 (48.21%)
15% (45.71%) 32 (50.64%) 4,490,205 56.25 - 58.40 4,377,445 (49.36%) 38 (54.29%)
50% (43.59%) 34 (46.78%) 4,695,205 55.97 - 59.43 5,340,525 (53.22%) 44 (56.41%)
100% (45.68%) 37 (46.89%) 4,715,325 55.88 - 59.43 5,340,525 (53.11%) 44 (54.32%)
all (45.12%) 37 (46.87%) 4,715,325 55.88 - 59.49 5,344,525 (53.13%) 45 (54.88%
Currently looking to buy back at sub 57p
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.25%) 18 (56.17%) 2,912,467 56.97 - 57.82 2,272,537 (43.83%) 14 (43.75%)
5% (52.38%) 22 (48.33%) 3,244,614 56.92 - 58.03 3,469,199 (51.67%) 20 (47.62%)
10% (51.79%) 29 (46.12%) 3,582,817 56.81 - 58.25 4,185,545 (53.88%) 27 (48.21%)
15% (45.71%) 32 (50.64%) 4,490,205 56.25 - 58.40 4,377,445 (49.36%) 38 (54.29%)
50% (43.59%) 34 (46.78%) 4,695,205 55.97 - 59.43 5,340,525 (53.22%) 44 (56.41%)
100% (45.68%) 37 (46.89%) 4,715,325 55.88 - 59.43 5,340,525 (53.11%) 44 (54.32%)
all (45.12%) 37 (46.87%) 4,715,325 55.88 - 59.49 5,344,525 (53.13%) 45 (54.88%
stv
- 19 May 2003 11:47
- 409 of 498
Do you think the bid will drop below 57.5 today or prior to results? L2 for Vod?
ainsoph - 19 May 2003 11:47 - 410 of 498
O2 Signs Up With NewWorldIQ
19/05/03: NewWorldIQ, a provider of online marketing solutions, has announced mobile communications company O2 Ireland as a licensed customer
O2 will use NewWorldIQs online marketing solutions as part of its overall marketing strategy, to create, deliver and manage its online customer communications.
NewWorldIQs Business Development Manager Fiona Harte said: O2 understand the benefits of integrating online campaigns into its overall marketing strategy, so we feel that it is particularly significant that they recognised the unique features which our suite of products can offer.
"We are delighted to have O2 on board and look forward to working with them.
Yvonne Cassidy, Marketing Programmes Manager with O2, added: O2 Ireland is committed to providing customers with innovative, up-to-date and relevant information and we have chosen NewWorldIQ for their impressive online marketing solutions portfolio, in addition to the strong support services team.
O2 will use DialogueIQ, one of NewWorldIQs online marketing solutions, as part of its ongoing customer relationship management strategy to deliver relevant, personalised communications to its large customer base throughout Ireland.
These will include email direct marketing initiatives, O2 customer surveys and online campaigns to manage event registration.
NewWorldIQ (formerly NewWorld Commerce) is headquartered in Los Angeles with offices in Dublin, New York and Saratoga. (19/05/03)
19/05/03: NewWorldIQ, a provider of online marketing solutions, has announced mobile communications company O2 Ireland as a licensed customer
O2 will use NewWorldIQs online marketing solutions as part of its overall marketing strategy, to create, deliver and manage its online customer communications.
NewWorldIQs Business Development Manager Fiona Harte said: O2 understand the benefits of integrating online campaigns into its overall marketing strategy, so we feel that it is particularly significant that they recognised the unique features which our suite of products can offer.
"We are delighted to have O2 on board and look forward to working with them.
Yvonne Cassidy, Marketing Programmes Manager with O2, added: O2 Ireland is committed to providing customers with innovative, up-to-date and relevant information and we have chosen NewWorldIQ for their impressive online marketing solutions portfolio, in addition to the strong support services team.
O2 will use DialogueIQ, one of NewWorldIQs online marketing solutions, as part of its ongoing customer relationship management strategy to deliver relevant, personalised communications to its large customer base throughout Ireland.
These will include email direct marketing initiatives, O2 customer surveys and online campaigns to manage event registration.
NewWorldIQ (formerly NewWorld Commerce) is headquartered in Los Angeles with offices in Dublin, New York and Saratoga. (19/05/03)
ainsoph - 19 May 2003 12:04 - 411 of 498
LONDON (SHARECAST) - Mobile phone operator mmO2 generated record-breaking growth for mobile data services last year, it announced today, but investors are more concerned about the huge losses likely with this week's results.
MmO2 said it exceeded its full year target for service revenues from data by the third quarter, putting itself on track to generate 25% of revenue from data services by the end of 2004.
However, the news will be overshadowed in its full year results, to be released on Wednesday, by write-downs of up to 5bn on the value on its UK and German 3G licences. The former BT subsidiary has already written down the value of its Dutch business by 1.4bn this year.
In the UK, O2 said it had maintained its number one data position last year by carrying more than 8.3bn text messages (including both sent and received text messages), giving it a market share of 35%.
O2 also said it was sponsoring Channel 4s reality TV show Big Brother again this year, and would be introducing a range of new interactive services. Last year, O2 said it handled more than 10m related texts from viewers.
MmO2 said it exceeded its full year target for service revenues from data by the third quarter, putting itself on track to generate 25% of revenue from data services by the end of 2004.
However, the news will be overshadowed in its full year results, to be released on Wednesday, by write-downs of up to 5bn on the value on its UK and German 3G licences. The former BT subsidiary has already written down the value of its Dutch business by 1.4bn this year.
In the UK, O2 said it had maintained its number one data position last year by carrying more than 8.3bn text messages (including both sent and received text messages), giving it a market share of 35%.
O2 also said it was sponsoring Channel 4s reality TV show Big Brother again this year, and would be introducing a range of new interactive services. Last year, O2 said it handled more than 10m related texts from viewers.
stv
- 19 May 2003 12:34
- 412 of 498
Do you think the bid will drop even further today or prior to results? L2 for OOM & Vod?
ainsoph - 19 May 2003 12:42 - 413 of 498
I think that's possible with falling markets and the misunderstanding of the probable write-downs
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.75%) 14 (44.10%) 1,964,937 56.68 - 57.30 2,490,239 (55.90%) 18 (56.25%)
5% (40.48%) 17 (35.50%) 2,240,040 56.59 - 57.55 4,070,205 (64.50%) 25 (59.52%)
10% (42.37%) 25 (35.62%) 3,228,628 55.83 - 57.90 5,836,013 (64.38%) 34 (57.63%)
15% (35.21%) 25 (35.00%) 3,228,628 55.83 - 57.99 5,996,213 (65.00%) 46 (64.79%)
50% (33.75%) 27 (32.88%) 3,433,628 55.48 - 58.86 7,009,293 (67.12%) 53 (66.25%)
100% (36.14%) 30 (33.01%) 3,453,748 55.36 - 58.86 7,009,293 (66.99%) 53 (63.86%)
all (35.71%) 30 (33.00%) 3,453,748 55.36 - 58.92 7,013,293 (67.00%) 54 (64.29%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.68%) 38 (45.72%) 8,223,798 119.52 - 120.70 9,765,062 (54.28%) 49 (56.32%)
5% (44.09%) 56 (38.77%) 9,952,664 119.28 - 121.09 15,715,517 (61.23%) 71 (55.91%)
10% (40.20%) 80 (38.83%) 15,820,224 118.13 - 122.31 24,920,646 (61.17%) 119 (59.80%)
15% (33.58%) 91 (35.11%) 16,263,499 117.99 - 123.47 30,054,040 (64.89%) 180 (66.42%)
50% (33.55%) 102 (34.59%) 16,392,612 117.87 - 123.81 30,995,852 (65.41%) 202 (66.45%)
100% (32.30%) 115 (34.05%) 16,575,949 117.58 - 124.52 32,112,092 (65.95%) 241 (67.70%)
all (31.68%) 115 (34.02%) 16,575,949 117.58 - 124.70 32,147,288 (65.98%) 248 (68.32%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.75%) 14 (44.10%) 1,964,937 56.68 - 57.30 2,490,239 (55.90%) 18 (56.25%)
5% (40.48%) 17 (35.50%) 2,240,040 56.59 - 57.55 4,070,205 (64.50%) 25 (59.52%)
10% (42.37%) 25 (35.62%) 3,228,628 55.83 - 57.90 5,836,013 (64.38%) 34 (57.63%)
15% (35.21%) 25 (35.00%) 3,228,628 55.83 - 57.99 5,996,213 (65.00%) 46 (64.79%)
50% (33.75%) 27 (32.88%) 3,433,628 55.48 - 58.86 7,009,293 (67.12%) 53 (66.25%)
100% (36.14%) 30 (33.01%) 3,453,748 55.36 - 58.86 7,009,293 (66.99%) 53 (63.86%)
all (35.71%) 30 (33.00%) 3,453,748 55.36 - 58.92 7,013,293 (67.00%) 54 (64.29%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.68%) 38 (45.72%) 8,223,798 119.52 - 120.70 9,765,062 (54.28%) 49 (56.32%)
5% (44.09%) 56 (38.77%) 9,952,664 119.28 - 121.09 15,715,517 (61.23%) 71 (55.91%)
10% (40.20%) 80 (38.83%) 15,820,224 118.13 - 122.31 24,920,646 (61.17%) 119 (59.80%)
15% (33.58%) 91 (35.11%) 16,263,499 117.99 - 123.47 30,054,040 (64.89%) 180 (66.42%)
50% (33.55%) 102 (34.59%) 16,392,612 117.87 - 123.81 30,995,852 (65.41%) 202 (66.45%)
100% (32.30%) 115 (34.05%) 16,575,949 117.58 - 124.52 32,112,092 (65.95%) 241 (67.70%)
all (31.68%) 115 (34.02%) 16,575,949 117.58 - 124.70 32,147,288 (65.98%) 248 (68.32%
ainsoph - 19 May 2003 14:07 - 414 of 498
LONDON (AFX) - UK mobile phone operator mm02 PLC declined to comment on weekend press reports that it will write down the majority of its 9 bln stg investment in third generation licenses.
"We did state back in March at the time of our trading statement that we would be taking a look at the value of assets," said a company spokesman.
"But we have no comment on what the results of that review will be," he added. The group is expected to announce the outcome of its review with annual results on Wednesday.
The 9 bln stg bill for the 3G licences it owns in Germany and the UK was paid by its parent company at the time, BT Group.
At the same time, the company will take a massive hit on its loss-making Dutch operation, valued in the books at 1.4 bln stg, but sold last month for 25 mln eur.
The twin write down will see mm02's asset value reduced by between 6 bln and 9 bln stg, say newspapers.
mmO2 carries a book value of about 10 bln stg for its 3G licences. But delays in launching a 3G service has meant the mobile operator has had less time to earn a return on its investment.
tf/kl
"We did state back in March at the time of our trading statement that we would be taking a look at the value of assets," said a company spokesman.
"But we have no comment on what the results of that review will be," he added. The group is expected to announce the outcome of its review with annual results on Wednesday.
The 9 bln stg bill for the 3G licences it owns in Germany and the UK was paid by its parent company at the time, BT Group.
At the same time, the company will take a massive hit on its loss-making Dutch operation, valued in the books at 1.4 bln stg, but sold last month for 25 mln eur.
The twin write down will see mm02's asset value reduced by between 6 bln and 9 bln stg, say newspapers.
mmO2 carries a book value of about 10 bln stg for its 3G licences. But delays in launching a 3G service has meant the mobile operator has had less time to earn a return on its investment.
tf/kl
stv
- 19 May 2003 14:29
- 415 of 498
L2 for OOM & Vod seems to have improved? Will this 3G writedown lead to a share fall Wed?
ainsoph - 19 May 2003 14:32 - 416 of 498
It might .... but it shouln't
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (54.29%) 19 (51.94%) 2,719,532 56.79 - 57.42 2,516,742 (48.06%) 16 (45.71%)
5% (54.76%) 23 (46.30%) 3,042,707 56.71 - 57.59 3,529,015 (53.70%) 19 (45.24%)
10% (54.72%) 29 (44.67%) 3,141,207 56.66 - 57.77 3,891,217 (55.33%) 24 (45.28%)
15% (48.48%) 32 (50.09%) 4,048,595 56.06 - 57.90 4,034,017 (49.91%) 34 (51.52%)
50% (45.33%) 34 (45.73%) 4,253,595 55.77 - 59.13 5,047,097 (54.27%) 41 (54.67%)
100% (47.44%) 37 (45.85%) 4,273,715 55.67 - 59.13 5,047,097 (54.15%) 41 (52.56%)
all (46.84%) 37 (45.83%) 4,273,715 55.67 - 59.20 5,051,097 (54.17%) 42 (53.16%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (54.29%) 19 (51.94%) 2,719,532 56.79 - 57.42 2,516,742 (48.06%) 16 (45.71%)
5% (54.76%) 23 (46.30%) 3,042,707 56.71 - 57.59 3,529,015 (53.70%) 19 (45.24%)
10% (54.72%) 29 (44.67%) 3,141,207 56.66 - 57.77 3,891,217 (55.33%) 24 (45.28%)
15% (48.48%) 32 (50.09%) 4,048,595 56.06 - 57.90 4,034,017 (49.91%) 34 (51.52%)
50% (45.33%) 34 (45.73%) 4,253,595 55.77 - 59.13 5,047,097 (54.27%) 41 (54.67%)
100% (47.44%) 37 (45.85%) 4,273,715 55.67 - 59.13 5,047,097 (54.15%) 41 (52.56%)
all (46.84%) 37 (45.83%) 4,273,715 55.67 - 59.20 5,051,097 (54.17%) 42 (53.16%)
stv
- 19 May 2003 15:30
- 417 of 498
L2? Let me know when you're getting back in ie. qty & price. You think it will be today?
ainsoph - 19 May 2003 15:52 - 418 of 498
Think I will hold off until tomorrow now but ready to jump in at any time - 56.25p current to buy with high vol of 80 million with 40 mins to go
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (51.61%) 16 (35.90%) 1,564,333 55.84 - 56.55 2,792,701 (64.10%) 15 (48.39%)
5% (52.27%) 23 (31.66%) 2,174,066 55.64 - 56.78 4,692,249 (68.34%) 21 (47.73%)
10% (48.21%) 27 (33.19%) 3,099,554 55.15 - 57.05 6,238,228 (66.81%) 29 (51.79%)
15% (39.71%) 27 (31.62%) 3,099,554 55.15 - 57.24 6,703,630 (68.38%) 41 (60.29%)
50% (38.16%) 29 (30.08%) 3,304,554 54.83 - 58.09 7,680,618 (69.92%) 47 (61.84%)
100% (38.55%) 32 (30.00%) 3,324,674 54.71 - 58.15 7,756,310 (70.00%) 51 (61.45%)
all (38.10%) 32 (29.99%) 3,324,674 54.71 - 58.20 7,760,310 (70.01%) 52 (61.90%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (51.61%) 16 (35.90%) 1,564,333 55.84 - 56.55 2,792,701 (64.10%) 15 (48.39%)
5% (52.27%) 23 (31.66%) 2,174,066 55.64 - 56.78 4,692,249 (68.34%) 21 (47.73%)
10% (48.21%) 27 (33.19%) 3,099,554 55.15 - 57.05 6,238,228 (66.81%) 29 (51.79%)
15% (39.71%) 27 (31.62%) 3,099,554 55.15 - 57.24 6,703,630 (68.38%) 41 (60.29%)
50% (38.16%) 29 (30.08%) 3,304,554 54.83 - 58.09 7,680,618 (69.92%) 47 (61.84%)
100% (38.55%) 32 (30.00%) 3,324,674 54.71 - 58.15 7,756,310 (70.00%) 51 (61.45%)
all (38.10%) 32 (29.99%) 3,324,674 54.71 - 58.20 7,760,310 (70.01%) 52 (61.90%)
stv
- 19 May 2003 15:58
- 419 of 498
L2 for VOD? WRT todays falls do you still think it'll not fall on results day & go 60+?
ainsoph - 19 May 2003 16:03 - 420 of 498
I would rather wait until results day ..... but suspect we will see a mini bounce before then. Sub 56p now
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (53.57%) 45 (39.74%) 6,565,622 119.33 - 120.39 9,955,246 (60.26%) 39 (46.43%)
5% (49.23%) 64 (34.03%) 9,144,059 118.92 - 120.83 17,726,544 (65.97%) 66 (50.77%)
10% (42.50%) 85 (35.44%) 14,361,647 117.86 - 121.94 26,166,064 (64.56%) 115 (57.50%)
15% (34.78%) 96 (32.63%) 14,804,922 117.71 - 122.91 30,567,246 (67.37%) 180 (65.22%)
50% (34.62%) 108 (31.67%) 14,936,570 117.59 - 123.45 32,226,686 (68.33%) 204 (65.38%)
100% (33.33%) 121 (31.20%) 15,119,907 117.27 - 124.13 33,347,328 (68.80%) 242 (66.67%)
all (32.62%) 122 (31.17%) 15,119,908 117.27 - 124.32 33,388,124 (68.83%) 252 (67.38%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (53.57%) 45 (39.74%) 6,565,622 119.33 - 120.39 9,955,246 (60.26%) 39 (46.43%)
5% (49.23%) 64 (34.03%) 9,144,059 118.92 - 120.83 17,726,544 (65.97%) 66 (50.77%)
10% (42.50%) 85 (35.44%) 14,361,647 117.86 - 121.94 26,166,064 (64.56%) 115 (57.50%)
15% (34.78%) 96 (32.63%) 14,804,922 117.71 - 122.91 30,567,246 (67.37%) 180 (65.22%)
50% (34.62%) 108 (31.67%) 14,936,570 117.59 - 123.45 32,226,686 (68.33%) 204 (65.38%)
100% (33.33%) 121 (31.20%) 15,119,907 117.27 - 124.13 33,347,328 (68.80%) 242 (66.67%)
all (32.62%) 122 (31.17%) 15,119,908 117.27 - 124.32 33,388,124 (68.83%) 252 (67.38%
stv
- 19 May 2003 17:26
- 421 of 498
So what price are you thinking of topping up now or have you already done so today?
ainsoph - 20 May 2003 07:47 - 422 of 498
I haven't bought back yet but will asap ..... hoping for a dip early this morning .... maybe 54p
TIMES
BIG losses loom for mmO2 when it reports full-year results later this week. The airy mobile phone operator has already confessed to a 1.4 billion write-off on its Dutch business, which was recently sold. More write-offs are expected.
They may include the companys third-generation mobile licences, acquired for 5.1 billion in Germany and 4 billion in the UK three years ago. The significance here is not the size of the numbers write-offs are non-cash charges and do not affect current trading but the implicit admission that the licences were not worth the original price paid.
Nonetheless, the prospect of big write-offs widely trailed last March has led to all manner excitement. After all, if mmO2 overpaid for its German and British licences, then hasnt the whole industry done likewise? It is hardly a welcome precedent for Vodafone, which has staked its future on people using mobiles as internet devices, running at high third-generation speeds.
But not all licences are the same. MmO2s auditors will determine whether the write-offs are necessary, based on ten-year projections for each country. Its German operation may be improving fast, but it remains loss-making. In the first half, operating losses were 121 million. The company is a firm fourth in a four-horse market with a 7 per cent share. Vodafone, incidentally, has a 40 per cent share in Germany. For mmO2, reducing Germanys value on the balance sheet is merely a statement of the obvious.
The bigger question is whether similar write-offs are on the cards for mmO2s UK business. This, however, is unlikely. Cellnet, mmO2s former identity, was well established and profit margins are rising. In the first half it earned 196 million. If the auditors take a dim view of Cellnets licence, that will be disquieting. But a German provision is a belated admission of what the market already knew. The bad news is already in the share price. Hold.
TIMES
BIG losses loom for mmO2 when it reports full-year results later this week. The airy mobile phone operator has already confessed to a 1.4 billion write-off on its Dutch business, which was recently sold. More write-offs are expected.
They may include the companys third-generation mobile licences, acquired for 5.1 billion in Germany and 4 billion in the UK three years ago. The significance here is not the size of the numbers write-offs are non-cash charges and do not affect current trading but the implicit admission that the licences were not worth the original price paid.
Nonetheless, the prospect of big write-offs widely trailed last March has led to all manner excitement. After all, if mmO2 overpaid for its German and British licences, then hasnt the whole industry done likewise? It is hardly a welcome precedent for Vodafone, which has staked its future on people using mobiles as internet devices, running at high third-generation speeds.
But not all licences are the same. MmO2s auditors will determine whether the write-offs are necessary, based on ten-year projections for each country. Its German operation may be improving fast, but it remains loss-making. In the first half, operating losses were 121 million. The company is a firm fourth in a four-horse market with a 7 per cent share. Vodafone, incidentally, has a 40 per cent share in Germany. For mmO2, reducing Germanys value on the balance sheet is merely a statement of the obvious.
The bigger question is whether similar write-offs are on the cards for mmO2s UK business. This, however, is unlikely. Cellnet, mmO2s former identity, was well established and profit margins are rising. In the first half it earned 196 million. If the auditors take a dim view of Cellnets licence, that will be disquieting. But a German provision is a belated admission of what the market already knew. The bad news is already in the share price. Hold.
ainsoph - 20 May 2003 07:50 - 423 of 498
There we go .... said this the other day
mmO2 preps market for 3G writedowns
By Drew Cullen
Posted: 19/05/2003 at 10:14 GMT
mm02's financial PR bunnies are softening up the press in advance of Wednesday's results in which the UK-owned network operator is expected to declare a massive loss.
Stories in the Sunday Times, FT and The Guardian all say that mmm02 will write down, the majority of its 9bn investment in 3G licences (to be precise, former parent BT footed the bill). At the same time, the company will take a massive hit on its lossmaking Dutch operation, valued in the books at 1.4bn, but sold last month for 25m. The twin write down will see mm02's asset value reduced by between 6bn and 9bn, according to which newspaper you read. Currently, mmO2's asset value is 18bn.
mmO2's 3G writedown is to be welcomed. It will be interesting to see if Vodafone, T-Mobile and Orange get realistic too.
Vodafone maybe could take the pain, but T-Mobile parent Deutsche Telekom and Orange parent France Telecom have battered enough balance sheets as it is without this additional headache.
mmO2 preps market for 3G writedowns
By Drew Cullen
Posted: 19/05/2003 at 10:14 GMT
mm02's financial PR bunnies are softening up the press in advance of Wednesday's results in which the UK-owned network operator is expected to declare a massive loss.
Stories in the Sunday Times, FT and The Guardian all say that mmm02 will write down, the majority of its 9bn investment in 3G licences (to be precise, former parent BT footed the bill). At the same time, the company will take a massive hit on its lossmaking Dutch operation, valued in the books at 1.4bn, but sold last month for 25m. The twin write down will see mm02's asset value reduced by between 6bn and 9bn, according to which newspaper you read. Currently, mmO2's asset value is 18bn.
mmO2's 3G writedown is to be welcomed. It will be interesting to see if Vodafone, T-Mobile and Orange get realistic too.
Vodafone maybe could take the pain, but T-Mobile parent Deutsche Telekom and Orange parent France Telecom have battered enough balance sheets as it is without this additional headache.
stv
- 20 May 2003 09:05
- 424 of 498
L2? So do you think it will go down to 54 today or tommorrow am. The above article seems to be the only press report that welcomes the write down. Unsure of outcome.
ainsoph - 20 May 2003 09:08 - 425 of 498
The article closely reflects my own views .... masrket has reversed again - US futures are mixed .... could go either way but I am waiting .
20 May 2003
Lehman Bros has an equal-weight rating and 500p price target for Rexam, an overweight rating and 73p price target for mmO2
20 May 2003
Lehman Bros has an equal-weight rating and 500p price target for Rexam, an overweight rating and 73p price target for mmO2
stv
- 20 May 2003 09:24
- 426 of 498
Whats L2 like? Was the Lehman Bros reiteration today and have any other brokers revised their research and amended targets or projections? Bonds fell on Monday.
Mm02 bonds hit by writedown concerns
LONDON, May 19 (Reuters) - Bonds of UK-based mobile phone operator mm02 took a hit on Monday as traders were spooked by a potential six billion pound ($9.8 billion) asset writedown when it posts full-year results on Wednesday.
MmO2 (LSE: OOM.L - news - msgs) said in March it would review the value of its balance sheet and announce the results in May. Analysts have long expected this would translate into big financial charges to reflect the decreased earnings potential of its German third generation licences.
Newspapers added to concerns on Monday by reporting on the potential writedown, taking a bite out of mmO2 bonds. The yield on its 6.375 percent euro bond due January 2007 was quoted 10 basis points higher at 165 basis points over government debt in late trade, indicating a sharp fall in price.
Shares in mmO2, which had rallied 40 percent in two months prior to Monday, dropped more than five percent in line with a sharp fall in several European telecoms shares. A spokesman for mmO2 declined to comment.
Mm02 bonds hit by writedown concerns
LONDON, May 19 (Reuters) - Bonds of UK-based mobile phone operator mm02 took a hit on Monday as traders were spooked by a potential six billion pound ($9.8 billion) asset writedown when it posts full-year results on Wednesday.
MmO2 (LSE: OOM.L - news - msgs) said in March it would review the value of its balance sheet and announce the results in May. Analysts have long expected this would translate into big financial charges to reflect the decreased earnings potential of its German third generation licences.
Newspapers added to concerns on Monday by reporting on the potential writedown, taking a bite out of mmO2 bonds. The yield on its 6.375 percent euro bond due January 2007 was quoted 10 basis points higher at 165 basis points over government debt in late trade, indicating a sharp fall in price.
Shares in mmO2, which had rallied 40 percent in two months prior to Monday, dropped more than five percent in line with a sharp fall in several European telecoms shares. A spokesman for mmO2 declined to comment.
ainsoph - 20 May 2003 09:49 - 427 of 498
yes - it was today
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.67%) 17 (73.35%) 3,551,923 55.20 - 55.98 1,290,789 (26.65%) 13 (43.33%)
5% (55.88%) 19 (69.02%) 3,589,323 55.20 - 56.11 1,610,789 (30.98%) 15 (44.12%)
10% (55.10%) 27 (56.85%) 3,750,474 55.12 - 56.65 2,846,389 (43.15%) 22 (44.90%)
15% (50.79%) 32 (61.94%) 4,867,441 54.32 - 56.79 2,990,609 (38.06%) 31 (49.21%)
50% (48.48%) 32 (55.25%) 4,867,441 54.32 - 58.01 3,942,576 (44.75%) 34 (51.52%)
100% (47.95%) 35 (54.88%) 4,887,561 54.24 - 58.14 4,018,268 (45.12%) 38 (52.05%)
all (47.30%) 35 (54.86%) 4,887,561 54.24 - 58.23 4,022,268 (45.14%) 39 (52.70%)
0-1% (56.67%) 17 (73.35%) 3,551,923 55.20 - 55.98 1,290,789 (26.65%) 13 (43.33%)
1-5% (50.00%) 2 (10.46%) 37,400 55.20 - 56.11 320,000 (89.54%) 2 (50.00%)
5-10% (53.33%) 8 (11.54%) 161,151 55.12 - 56.65 1,235,600 (88.46%) 7 (46.67%)
10-15% (35.71%) 5 (88.56%) 1,116,967 54.32 - 56.79 144,220 (11.44%) 9 (64.29%)
15-50% (0.00%) 0 (0.00%) 0 54.32 - 58.01 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 54.24 - 58.14 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 54.24 - 58.23 4,000 (100.00%) 1 (100.00%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (56.67%) 17 (73.35%) 3,551,923 55.20 - 55.98 1,290,789 (26.65%) 13 (43.33%)
5% (55.88%) 19 (69.02%) 3,589,323 55.20 - 56.11 1,610,789 (30.98%) 15 (44.12%)
10% (55.10%) 27 (56.85%) 3,750,474 55.12 - 56.65 2,846,389 (43.15%) 22 (44.90%)
15% (50.79%) 32 (61.94%) 4,867,441 54.32 - 56.79 2,990,609 (38.06%) 31 (49.21%)
50% (48.48%) 32 (55.25%) 4,867,441 54.32 - 58.01 3,942,576 (44.75%) 34 (51.52%)
100% (47.95%) 35 (54.88%) 4,887,561 54.24 - 58.14 4,018,268 (45.12%) 38 (52.05%)
all (47.30%) 35 (54.86%) 4,887,561 54.24 - 58.23 4,022,268 (45.14%) 39 (52.70%)
0-1% (56.67%) 17 (73.35%) 3,551,923 55.20 - 55.98 1,290,789 (26.65%) 13 (43.33%)
1-5% (50.00%) 2 (10.46%) 37,400 55.20 - 56.11 320,000 (89.54%) 2 (50.00%)
5-10% (53.33%) 8 (11.54%) 161,151 55.12 - 56.65 1,235,600 (88.46%) 7 (46.67%)
10-15% (35.71%) 5 (88.56%) 1,116,967 54.32 - 56.79 144,220 (11.44%) 9 (64.29%)
15-50% (0.00%) 0 (0.00%) 0 54.32 - 58.01 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 54.24 - 58.14 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 54.24 - 58.23 4,000 (100.00%) 1 (100.00%)
stv
- 20 May 2003 11:31
- 428 of 498
L2? Do you think the price will fall below this level now & perhaps be higher Wed?
ainsoph - 20 May 2003 11:42 - 429 of 498
In the short term the intraday trading chart is looking negative and I think it will dip but have a trade ready for the magic moment in time
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (58.06%) 18 (64.84%) 3,458,320 55.19 - 56.19 1,875,126 (35.16%) 13 (41.94%)
5% (53.85%) 21 (53.77%) 3,555,700 55.18 - 56.48 3,057,422 (46.23%) 18 (46.15%)
10% (54.72%) 29 (50.38%) 3,716,851 55.10 - 56.66 3,660,522 (49.62%) 24 (45.28%)
15% (51.52%) 34 (56.07%) 4,833,818 54.30 - 56.77 3,787,242 (43.93%) 32 (48.48%)
50% (49.28%) 34 (50.49%) 4,833,818 54.30 - 57.78 4,739,209 (49.51%) 35 (50.72%)
100% (48.68%) 37 (50.20%) 4,853,938 54.22 - 57.89 4,814,901 (49.80%) 39 (51.32%)
all (48.05%) 37 (50.18%) 4,853,938 54.22 - 57.97 4,818,901 (49.82%) 40 (51.95%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (58.06%) 18 (64.84%) 3,458,320 55.19 - 56.19 1,875,126 (35.16%) 13 (41.94%)
5% (53.85%) 21 (53.77%) 3,555,700 55.18 - 56.48 3,057,422 (46.23%) 18 (46.15%)
10% (54.72%) 29 (50.38%) 3,716,851 55.10 - 56.66 3,660,522 (49.62%) 24 (45.28%)
15% (51.52%) 34 (56.07%) 4,833,818 54.30 - 56.77 3,787,242 (43.93%) 32 (48.48%)
50% (49.28%) 34 (50.49%) 4,833,818 54.30 - 57.78 4,739,209 (49.51%) 35 (50.72%)
100% (48.68%) 37 (50.20%) 4,853,938 54.22 - 57.89 4,814,901 (49.80%) 39 (51.32%)
all (48.05%) 37 (50.18%) 4,853,938 54.22 - 57.97 4,818,901 (49.82%) 40 (51.95%)
stv
- 20 May 2003 12:00
- 430 of 498
What price do you have your're trade ready for? L2 not looking that bad is it?
ainsoph - 20 May 2003 12:03 - 431 of 498
L2 is okay and fairly flat but not seeing any need to press ok at this time .... I don't use trading prices in that way but always get a quote when I think the time is right ... takes just a second or two if the trade is ready
ains
ains
ainsoph - 20 May 2003 12:46 - 432 of 498
Trading seems to have come to a halt - keep checking to see if my system is still working
stv
- 20 May 2003 13:23
- 433 of 498
L2? Alot of selling pressure still persists. As always I get in @ the wrong price.
ainsoph - 20 May 2003 13:27 - 434 of 498
I thought you were going to wait ? .... what price did you pay?
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.15%) 12 (46.40%) 1,894,310 55.01 - 55.91 2,187,923 (53.60%) 14 (53.85%)
5% (48.48%) 16 (41.57%) 2,020,034 54.98 - 56.06 2,838,947 (58.43%) 17 (51.52%)
10% (50.94%) 27 (34.87%) 2,362,645 54.74 - 56.47 4,413,794 (65.13%) 26 (49.06%)
15% (46.97%) 31 (43.22%) 3,469,612 53.75 - 56.57 4,558,014 (56.78%) 35 (53.03%)
50% (44.93%) 31 (38.64%) 3,469,612 53.75 - 57.48 5,509,981 (61.36%) 38 (55.07%)
100% (44.74%) 34 (38.45%) 3,489,732 53.64 - 57.58 5,585,673 (61.55%) 42 (55.26%)
all (44.16%) 34 (38.44%) 3,489,732 53.64 - 57.65 5,589,673 (61.56%) 43 (55.84%)
0-1% (46.15%) 12 (46.40%) 1,894,310 55.01 - 55.91 2,187,923 (53.60%) 14 (53.85%)
1-5% (57.14%) 4 (16.19%) 125,724 54.98 - 56.06 651,024 (83.81%) 3 (42.86%)
5-10% (55.00%) 11 (17.87%) 342,611 54.74 - 56.47 1,574,847 (82.13%) 9 (45.00%)
10-15% (30.77%) 4 (88.47%) 1,106,967 53.75 - 56.57 144,220 (11.53%) 9 (69.23%)
15-50% (0.00%) 0 (0.00%) 0 53.75 - 57.48 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 53.64 - 57.58 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 53.64 - 57.65 4,000 (100.00%) 1 (100.00%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (46.15%) 12 (46.40%) 1,894,310 55.01 - 55.91 2,187,923 (53.60%) 14 (53.85%)
5% (48.48%) 16 (41.57%) 2,020,034 54.98 - 56.06 2,838,947 (58.43%) 17 (51.52%)
10% (50.94%) 27 (34.87%) 2,362,645 54.74 - 56.47 4,413,794 (65.13%) 26 (49.06%)
15% (46.97%) 31 (43.22%) 3,469,612 53.75 - 56.57 4,558,014 (56.78%) 35 (53.03%)
50% (44.93%) 31 (38.64%) 3,469,612 53.75 - 57.48 5,509,981 (61.36%) 38 (55.07%)
100% (44.74%) 34 (38.45%) 3,489,732 53.64 - 57.58 5,585,673 (61.55%) 42 (55.26%)
all (44.16%) 34 (38.44%) 3,489,732 53.64 - 57.65 5,589,673 (61.56%) 43 (55.84%)
0-1% (46.15%) 12 (46.40%) 1,894,310 55.01 - 55.91 2,187,923 (53.60%) 14 (53.85%)
1-5% (57.14%) 4 (16.19%) 125,724 54.98 - 56.06 651,024 (83.81%) 3 (42.86%)
5-10% (55.00%) 11 (17.87%) 342,611 54.74 - 56.47 1,574,847 (82.13%) 9 (45.00%)
10-15% (30.77%) 4 (88.47%) 1,106,967 53.75 - 56.57 144,220 (11.53%) 9 (69.23%)
15-50% (0.00%) 0 (0.00%) 0 53.75 - 57.48 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 53.64 - 57.58 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 53.64 - 57.65 4,000 (100.00%) 1 (100.00%)
stv
- 20 May 2003 13:35
- 435 of 498
sub 56. I really need this to take off Wed am & cannot understand weakness unless we've underestimated effect of the 3G writedowns. I wanted to buy when you did! :(
stv
- 20 May 2003 14:13
- 436 of 498
What's L2 showing now. If I'd waited could've got it 0.75pts cheaper. Cannot afford sell off tommorrow as I feel very uncomfortable with the 3G writedown news.
ainsoph - 20 May 2003 14:35 - 437 of 498
How come you didnt wait then lol
might have come off the bottom but difficult to tell at this moment
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (58.62%) 17 (56.33%) 2,750,352 55.05 - 55.67 2,132,278 (43.67%) 12 (41.38%)
5% (59.46%) 22 (52.71%) 3,126,076 54.98 - 55.84 2,804,654 (47.29%) 15 (40.54%)
10% (58.62%) 34 (43.48%) 3,471,187 54.82 - 56.34 4,511,801 (56.52%) 24 (41.38%)
15% (52.78%) 38 (49.48%) 4,578,154 54.05 - 56.45 4,673,721 (50.52%) 34 (47.22%)
50% (50.67%) 38 (44.87%) 4,578,154 54.05 - 57.36 5,625,688 (55.13%) 37 (49.33%)
100% (50.00%) 41 (44.64%) 4,598,274 53.97 - 57.46 5,701,380 (55.36%) 41 (50.00%)
all (49.40%) 41 (44.63%) 4,598,274 53.97 - 57.52 5,705,380 (55.37%) 42 (50.60%)
0-1% (58.62%) 17 (56.33%) 2,750,352 55.05 - 55.67 2,132,278 (43.67%) 12 (41.38%)
1-5% (62.50%) 5 (35.85%) 375,724 54.98 - 55.84 672,376 (64.15%) 3 (37.50%)
5-10% (57.14%) 12 (16.82%) 345,111 54.82 - 56.34 1,707,147 (83.18%) 9 (42.86%)
10-15% (28.57%) 4 (87.24%) 1,106,967 54.05 - 56.45 161,920 (12.76%) 10 (71.43%)
15-50% (0.00%) 0 (0.00%) 0 54.05 - 57.36 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 53.97 - 57.46 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 53.97 - 57.52 4,000 (100.00%) 1 (100.00%)
might have come off the bottom but difficult to tell at this moment
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (58.62%) 17 (56.33%) 2,750,352 55.05 - 55.67 2,132,278 (43.67%) 12 (41.38%)
5% (59.46%) 22 (52.71%) 3,126,076 54.98 - 55.84 2,804,654 (47.29%) 15 (40.54%)
10% (58.62%) 34 (43.48%) 3,471,187 54.82 - 56.34 4,511,801 (56.52%) 24 (41.38%)
15% (52.78%) 38 (49.48%) 4,578,154 54.05 - 56.45 4,673,721 (50.52%) 34 (47.22%)
50% (50.67%) 38 (44.87%) 4,578,154 54.05 - 57.36 5,625,688 (55.13%) 37 (49.33%)
100% (50.00%) 41 (44.64%) 4,598,274 53.97 - 57.46 5,701,380 (55.36%) 41 (50.00%)
all (49.40%) 41 (44.63%) 4,598,274 53.97 - 57.52 5,705,380 (55.37%) 42 (50.60%)
0-1% (58.62%) 17 (56.33%) 2,750,352 55.05 - 55.67 2,132,278 (43.67%) 12 (41.38%)
1-5% (62.50%) 5 (35.85%) 375,724 54.98 - 55.84 672,376 (64.15%) 3 (37.50%)
5-10% (57.14%) 12 (16.82%) 345,111 54.82 - 56.34 1,707,147 (83.18%) 9 (42.86%)
10-15% (28.57%) 4 (87.24%) 1,106,967 54.05 - 56.45 161,920 (12.76%) 10 (71.43%)
15-50% (0.00%) 0 (0.00%) 0 54.05 - 57.36 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 53.97 - 57.46 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 53.97 - 57.52 4,000 (100.00%) 1 (100.00%)
ainsoph - 20 May 2003 14:49 - 438 of 498
new note from nomura - expects figures to be better than market expectations and write downs will be ignored as expected
stv
- 20 May 2003 14:52
- 439 of 498
What price are you going to get in at then and will it be today. Are results out @7am. What's L2 looking like now after US has opened +ve and S&P near 925 now.
ainsoph - 20 May 2003 14:56 - 440 of 498
Waiting on possible mini dip right now and yes its probable it will be today ... results will be pre market
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (54.84%) 17 (52.47%) 2,730,463 55.03 - 55.64 2,473,634 (47.53%) 14 (45.16%)
5% (57.89%) 22 (51.36%) 3,106,187 54.97 - 55.76 2,941,336 (48.64%) 16 (42.11%)
10% (58.62%) 34 (43.41%) 3,451,298 54.81 - 56.26 4,498,483 (56.59%) 24 (41.38%)
15% (52.78%) 38 (49.45%) 4,558,265 54.03 - 56.37 4,660,403 (50.55%) 34 (47.22%)
50% (50.67%) 38 (44.82%) 4,558,265 54.03 - 57.30 5,612,370 (55.18%) 37 (49.33%)
100% (50.00%) 41 (44.60%) 4,578,385 53.95 - 57.40 5,688,062 (55.40%) 41 (50.00%)
all (49.40%) 41 (44.58%) 4,578,385 53.95 - 57.46 5,692,062 (55.42%) 42 (50.60%)
0-1% (54.84%) 17 (52.47%) 2,730,463 55.03 - 55.64 2,473,634 (47.53%) 14 (45.16%)
1-5% (71.43%) 5 (44.55%) 375,724 54.97 - 55.76 467,702 (55.45%) 2 (28.57%)
5-10% (60.00%) 12 (18.14%) 345,111 54.81 - 56.26 1,557,147 (81.86%) 8 (40.00%)
10-15% (28.57%) 4 (87.24%) 1,106,967 54.03 - 56.37 161,920 (12.76%) 10 (71.43%)
15-50% (0.00%) 0 (0.00%) 0 54.03 - 57.30 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 53.95 - 57.40 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 53.95 - 57.46 4,000 (100.00%) 1 (100.00%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (54.84%) 17 (52.47%) 2,730,463 55.03 - 55.64 2,473,634 (47.53%) 14 (45.16%)
5% (57.89%) 22 (51.36%) 3,106,187 54.97 - 55.76 2,941,336 (48.64%) 16 (42.11%)
10% (58.62%) 34 (43.41%) 3,451,298 54.81 - 56.26 4,498,483 (56.59%) 24 (41.38%)
15% (52.78%) 38 (49.45%) 4,558,265 54.03 - 56.37 4,660,403 (50.55%) 34 (47.22%)
50% (50.67%) 38 (44.82%) 4,558,265 54.03 - 57.30 5,612,370 (55.18%) 37 (49.33%)
100% (50.00%) 41 (44.60%) 4,578,385 53.95 - 57.40 5,688,062 (55.40%) 41 (50.00%)
all (49.40%) 41 (44.58%) 4,578,385 53.95 - 57.46 5,692,062 (55.42%) 42 (50.60%)
0-1% (54.84%) 17 (52.47%) 2,730,463 55.03 - 55.64 2,473,634 (47.53%) 14 (45.16%)
1-5% (71.43%) 5 (44.55%) 375,724 54.97 - 55.76 467,702 (55.45%) 2 (28.57%)
5-10% (60.00%) 12 (18.14%) 345,111 54.81 - 56.26 1,557,147 (81.86%) 8 (40.00%)
10-15% (28.57%) 4 (87.24%) 1,106,967 54.03 - 56.37 161,920 (12.76%) 10 (71.43%)
15-50% (0.00%) 0 (0.00%) 0 54.03 - 57.30 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 53.95 - 57.40 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 53.95 - 57.46 4,000 (100.00%) 1 (100.00%)
stv
- 20 May 2003 15:21
- 441 of 498
Is your chart still looking for further dip. What's L2 like now? Too many sellers.
ainsoph - 20 May 2003 15:31 - 442 of 498
Volumes are relatively low and not a sell off ..... just a lack of enough buyers. Peeps do'nt want to take the chance and cashing profits. Price has steadied and waiting on direction - as I am
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (47.22%) 17 (35.28%) 1,712,122 54.89 - 55.45 3,141,014 (64.72%) 19 (52.78%)
5% (47.62%) 20 (33.75%) 1,825,582 54.84 - 55.52 3,582,762 (66.25%) 22 (52.38%)
10% (50.00%) 30 (27.70%) 2,088,733 54.62 - 56.05 5,453,033 (72.30%) 30 (50.00%)
15% (45.33%) 34 (36.20%) 3,195,700 53.58 - 56.16 5,632,853 (63.80%) 41 (54.67%)
50% (43.59%) 34 (32.67%) 3,195,700 53.58 - 56.97 6,584,820 (67.33%) 44 (56.41%)
100% (43.53%) 37 (32.56%) 3,215,820 53.47 - 57.07 6,660,512 (67.44%) 48 (56.47%)
all (43.02%) 37 (32.55%) 3,215,820 53.47 - 57.12 6,664,512 (67.45%) 49 (56.98%)
0-1% (47.22%) 17 (35.28%) 1,712,122 54.89 - 55.45 3,141,014 (64.72%) 19 (52.78%)
1-5% (50.00%) 3 (20.44%) 113,460 54.84 - 55.52 441,748 (79.56%) 3 (50.00%)
5-10% (55.56%) 10 (12.33%) 263,151 54.62 - 56.05 1,870,271 (87.67%) 8 (44.44%)
10-15% (26.67%) 4 (86.03%) 1,106,967 53.58 - 56.16 179,820 (13.97%) 11 (73.33%)
15-50% (0.00%) 0 (0.00%) 0 53.58 - 56.97 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 53.47 - 57.07 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 53.47 - 57.12 4,000 (100.00%) 1 (100.00%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (47.22%) 17 (35.28%) 1,712,122 54.89 - 55.45 3,141,014 (64.72%) 19 (52.78%)
5% (47.62%) 20 (33.75%) 1,825,582 54.84 - 55.52 3,582,762 (66.25%) 22 (52.38%)
10% (50.00%) 30 (27.70%) 2,088,733 54.62 - 56.05 5,453,033 (72.30%) 30 (50.00%)
15% (45.33%) 34 (36.20%) 3,195,700 53.58 - 56.16 5,632,853 (63.80%) 41 (54.67%)
50% (43.59%) 34 (32.67%) 3,195,700 53.58 - 56.97 6,584,820 (67.33%) 44 (56.41%)
100% (43.53%) 37 (32.56%) 3,215,820 53.47 - 57.07 6,660,512 (67.44%) 48 (56.47%)
all (43.02%) 37 (32.55%) 3,215,820 53.47 - 57.12 6,664,512 (67.45%) 49 (56.98%)
0-1% (47.22%) 17 (35.28%) 1,712,122 54.89 - 55.45 3,141,014 (64.72%) 19 (52.78%)
1-5% (50.00%) 3 (20.44%) 113,460 54.84 - 55.52 441,748 (79.56%) 3 (50.00%)
5-10% (55.56%) 10 (12.33%) 263,151 54.62 - 56.05 1,870,271 (87.67%) 8 (44.44%)
10-15% (26.67%) 4 (86.03%) 1,106,967 53.58 - 56.16 179,820 (13.97%) 11 (73.33%)
15-50% (0.00%) 0 (0.00%) 0 53.58 - 56.97 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 53.47 - 57.07 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 53.47 - 57.12 4,000 (100.00%) 1 (100.00%)
stv
- 20 May 2003 16:05
- 443 of 498
Is your chart still looking for further dip. What's L2 like now? Weak Buy orders.
ainsoph - 20 May 2003 16:09 - 444 of 498
still the same - waiting on direction .... time to jump soon
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (60.53%) 23 (58.46%) 4,216,779 54.96 - 55.50 2,996,043 (41.54%) 15 (39.47%)
5% (57.78%) 26 (55.13%) 4,344,576 54.94 - 55.59 3,535,352 (44.87%) 19 (42.22%)
10% (57.81%) 37 (47.82%) 4,628,127 54.82 - 56.04 5,050,690 (52.18%) 27 (42.19%)
15% (51.90%) 41 (52.30%) 5,735,094 54.20 - 56.16 5,230,510 (47.70%) 38 (48.10%)
50% (50.00%) 41 (48.12%) 5,735,094 54.20 - 57.03 6,182,477 (51.88%) 41 (50.00%)
100% (49.44%) 44 (47.91%) 5,755,214 54.14 - 57.12 6,258,169 (52.09%) 45 (50.56%)
all (48.89%) 44 (47.89%) 5,755,214 54.14 - 57.18 6,262,169 (52.11%) 46 (51.11%)
0-1% (60.53%) 23 (58.46%) 4,216,779 54.96 - 55.50 2,996,043 (41.54%) 15 (39.47%)
1-5% (42.86%) 3 (19.16%) 127,797 54.94 - 55.59 539,309 (80.84%) 4 (57.14%)
5-10% (57.89%) 11 (15.76%) 283,551 54.82 - 56.04 1,515,338 (84.24%) 8 (42.11%)
10-15% (26.67%) 4 (86.03%) 1,106,967 54.20 - 56.16 179,820 (13.97%) 11 (73.33%)
15-50% (0.00%) 0 (0.00%) 0 54.20 - 57.03 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 54.14 - 57.12 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 54.14 - 57.18 4,000 (100.00%) 1 (100.00%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (60.53%) 23 (58.46%) 4,216,779 54.96 - 55.50 2,996,043 (41.54%) 15 (39.47%)
5% (57.78%) 26 (55.13%) 4,344,576 54.94 - 55.59 3,535,352 (44.87%) 19 (42.22%)
10% (57.81%) 37 (47.82%) 4,628,127 54.82 - 56.04 5,050,690 (52.18%) 27 (42.19%)
15% (51.90%) 41 (52.30%) 5,735,094 54.20 - 56.16 5,230,510 (47.70%) 38 (48.10%)
50% (50.00%) 41 (48.12%) 5,735,094 54.20 - 57.03 6,182,477 (51.88%) 41 (50.00%)
100% (49.44%) 44 (47.91%) 5,755,214 54.14 - 57.12 6,258,169 (52.09%) 45 (50.56%)
all (48.89%) 44 (47.89%) 5,755,214 54.14 - 57.18 6,262,169 (52.11%) 46 (51.11%)
0-1% (60.53%) 23 (58.46%) 4,216,779 54.96 - 55.50 2,996,043 (41.54%) 15 (39.47%)
1-5% (42.86%) 3 (19.16%) 127,797 54.94 - 55.59 539,309 (80.84%) 4 (57.14%)
5-10% (57.89%) 11 (15.76%) 283,551 54.82 - 56.04 1,515,338 (84.24%) 8 (42.11%)
10-15% (26.67%) 4 (86.03%) 1,106,967 54.20 - 56.16 179,820 (13.97%) 11 (73.33%)
15-50% (0.00%) 0 (0.00%) 0 54.20 - 57.03 951,967 (100.00%) 3 (100.00%)
50-100% (42.86%) 3 (21.00%) 20,120 54.14 - 57.12 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 54.14 - 57.18 4,000 (100.00%) 1 (100.00%)
stv
- 20 May 2003 16:29
- 445 of 498
Have you jumped yet or have decided not to? Vols strong with Big after close BUYS.
ainsoph - 20 May 2003 16:50 - 446 of 498
Yes I did ..... for about 2/3rds of what i sold ..... not long to wait :-))
ains
ains
stv
- 20 May 2003 16:54
- 447 of 498
Well done and best of luck for both of us. What's the strategy for Wed & remember to inform me of disposal ASAP. Hoping for early am rise to be maintained. Would you offload the amount bought today in early morning or wait for US to open etc.
ainsoph - 21 May 2003 07:33 - 448 of 498
Looks good to me but early media comment focuses on the write downs ...
Released: 21 May 2003
- Improved operating performance across the Group delivered:
11% growth in customer base, to 19.4 million;
14% total revenue growth, to 4,874 million;
18% service revenue growth, to 4,327 million;
EBITDA before exceptionals almost doubled, to 859 million;
Operating loss before exceptionals and goodwill reduced to (104)
million;
- Exceptional charges of (9,664) million gave rise to a reported loss
before tax of (10,203) million;
- Net debt was reduced by 68 million, to 549 million.
David Varney, Chairman of mmO2 plc, commented:
'In these year-end results, the size of the exceptional charges we have taken
has masked the strong underlying performance delivered in our first full year as
an independent company. However this impairment enables us to go forward with a
balance sheet that reflects realistic assumptions about the potential of our
business to grow, and to deliver attractive returns for shareholders.
'Looking ahead, following the disposal of our sub-scale business in the
Netherlands, we will build on the momentum created since the demerger in our
continuing operations. We will maintain our focus on delivering growth, and
improving the operational and financial performance of all our businesses
without, as we have stated previously, ruling out any other potential
opportunities to deliver enhanced shareholder value.'
Year ended Year ended
31 March 31 March
2003 2002
m m
Turnover 4,874 4,276
EBITDA before exceptional items 859 433
Operating loss before goodwill and exceptional items (104) (337)
Exceptional items (9,664) (150)
Loss on ordinary activities before taxation (10,203) (873)
Year-end net debt 549 617
Peter Erskine, Chief Executive of mmO2 plc, commented:
'In mmO2's first full year as an independent company, it was vital for us to
deliver on the commitments made at the time of the demerger; these results
demonstrate this was achieved, with the Group delivering strong growth and
performance improvement.
'We launched the O2 brand, and across the Group it has achieved awareness and
appeal well ahead of expectations. We successfully restructured our businesses
in the UK and Germany, making them more efficient and getting them closer to
their customers. We implemented a lower cost 3G strategy in Germany that will
allow us to compete on equal terms with the market leaders. We acquired a 3G
licence in Ireland. We maintained our strong position in mobile data, leading
in the fast-growing UK text market, and launching a stream of innovative data
products. All these factors contributed to the growth, and improvement in
performance, that we are determined to sustain going forward'.
PERFORMANCE HIGHLIGHTS (comparative period: 12 months to 31 March 2002)
Group
Total customer base grew by 11% to 19.372 million
Total revenue grew by 14% to 4,874 million
Service revenue grew by 18%, to 4,327 million
EBITDA before exceptionals increased to 859 million (2002 : 433
million)
Capital expenditure reduced to 944 million (2002 : 1,142 million)
Net debt at 31 March was 549 million (31 March 2002 : 617 million)
Data as proportion of service revenue grew to 17.3% (2002 : 11.7%)
Total number of SMS messages sent grew by 60% to 8.5 billion
Released: 21 May 2003
- Improved operating performance across the Group delivered:
11% growth in customer base, to 19.4 million;
14% total revenue growth, to 4,874 million;
18% service revenue growth, to 4,327 million;
EBITDA before exceptionals almost doubled, to 859 million;
Operating loss before exceptionals and goodwill reduced to (104)
million;
- Exceptional charges of (9,664) million gave rise to a reported loss
before tax of (10,203) million;
- Net debt was reduced by 68 million, to 549 million.
David Varney, Chairman of mmO2 plc, commented:
'In these year-end results, the size of the exceptional charges we have taken
has masked the strong underlying performance delivered in our first full year as
an independent company. However this impairment enables us to go forward with a
balance sheet that reflects realistic assumptions about the potential of our
business to grow, and to deliver attractive returns for shareholders.
'Looking ahead, following the disposal of our sub-scale business in the
Netherlands, we will build on the momentum created since the demerger in our
continuing operations. We will maintain our focus on delivering growth, and
improving the operational and financial performance of all our businesses
without, as we have stated previously, ruling out any other potential
opportunities to deliver enhanced shareholder value.'
Year ended Year ended
31 March 31 March
2003 2002
m m
Turnover 4,874 4,276
EBITDA before exceptional items 859 433
Operating loss before goodwill and exceptional items (104) (337)
Exceptional items (9,664) (150)
Loss on ordinary activities before taxation (10,203) (873)
Year-end net debt 549 617
Peter Erskine, Chief Executive of mmO2 plc, commented:
'In mmO2's first full year as an independent company, it was vital for us to
deliver on the commitments made at the time of the demerger; these results
demonstrate this was achieved, with the Group delivering strong growth and
performance improvement.
'We launched the O2 brand, and across the Group it has achieved awareness and
appeal well ahead of expectations. We successfully restructured our businesses
in the UK and Germany, making them more efficient and getting them closer to
their customers. We implemented a lower cost 3G strategy in Germany that will
allow us to compete on equal terms with the market leaders. We acquired a 3G
licence in Ireland. We maintained our strong position in mobile data, leading
in the fast-growing UK text market, and launching a stream of innovative data
products. All these factors contributed to the growth, and improvement in
performance, that we are determined to sustain going forward'.
PERFORMANCE HIGHLIGHTS (comparative period: 12 months to 31 March 2002)
Group
Total customer base grew by 11% to 19.372 million
Total revenue grew by 14% to 4,874 million
Service revenue grew by 18%, to 4,327 million
EBITDA before exceptionals increased to 859 million (2002 : 433
million)
Capital expenditure reduced to 944 million (2002 : 1,142 million)
Net debt at 31 March was 549 million (31 March 2002 : 617 million)
Data as proportion of service revenue grew to 17.3% (2002 : 11.7%)
Total number of SMS messages sent grew by 60% to 8.5 billion
ainsoph - 21 May 2003 07:54 - 449 of 498
Premarket - still very undecided
Mobile messaging revenues to double by 2007
London, May 20 2003, (netimperative)
by Susie Harwood
Global revenues from mobile messaging are set to double to $70bn by 2007, with $25bn coming from Western Europe alone, according to a new report published by industry group Analysys.
This will be driven by further growth of SMS text messaging in new market segments and new applications, as well as the take-up of advanced messaging services such as MMS and mobile instant messaging, the report said.
In terms of total messaging volumes, Analysys predicts that this will quadruple over the next few years, from 670bn in 2002 to 2600bn in 2007. It believes that 607bn of these messages will originate in Western Europe, compared with 131bn last year.
Messaging services are particularly attractive to network operators, as they can achieve substantially higher revenue per Mb and profitability per user that voice telephony. Analysys said that based on average pricing, one minute of voice telephony generates less than $1 per Mb of network resource consumed, compared with over $1,000 per Mb for an SMS message.
Operators should not overlook simple text messaging such as SMS, according to the report, as there are still ample opportunities to increase usage and revenue by targeting new users and providing new content and services.
However, at the same time, Analysys said it is critical for operators to stimulate growth of new messaging services, such as MMS, which are being held back by high prices, lack of interworking and lack of critical mass of users. It believes that network operators should follow Japan's lead by setting affordable prices and packaging MMS with a range of services, as attempted with Vodafone Live!
Mobile messaging revenues to double by 2007
London, May 20 2003, (netimperative)
by Susie Harwood
Global revenues from mobile messaging are set to double to $70bn by 2007, with $25bn coming from Western Europe alone, according to a new report published by industry group Analysys.
This will be driven by further growth of SMS text messaging in new market segments and new applications, as well as the take-up of advanced messaging services such as MMS and mobile instant messaging, the report said.
In terms of total messaging volumes, Analysys predicts that this will quadruple over the next few years, from 670bn in 2002 to 2600bn in 2007. It believes that 607bn of these messages will originate in Western Europe, compared with 131bn last year.
Messaging services are particularly attractive to network operators, as they can achieve substantially higher revenue per Mb and profitability per user that voice telephony. Analysys said that based on average pricing, one minute of voice telephony generates less than $1 per Mb of network resource consumed, compared with over $1,000 per Mb for an SMS message.
Operators should not overlook simple text messaging such as SMS, according to the report, as there are still ample opportunities to increase usage and revenue by targeting new users and providing new content and services.
However, at the same time, Analysys said it is critical for operators to stimulate growth of new messaging services, such as MMS, which are being held back by high prices, lack of interworking and lack of critical mass of users. It believes that network operators should follow Japan's lead by setting affordable prices and packaging MMS with a range of services, as attempted with Vodafone Live!
stv
- 21 May 2003 08:08
- 450 of 498
L2? Yes, remember to let me know when is the right time to dispose today or Thu :)
ainsoph - 21 May 2003 08:27 - 451 of 498
We are up which is good ... waiting on broker coment
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (44.44%) 8 (30.46%) 2,658,953 56.26 - 57.05 6,069,799 (69.54%) 10 (55.56%)
5% (43.48%) 10 (35.50%) 3,408,953 56.14 - 57.06 6,193,299 (64.50%) 13 (56.52%)
10% (38.64%) 17 (38.13%) 4,181,748 55.93 - 57.22 6,785,519 (61.87%) 27 (61.36%)
15% (43.10%) 25 (40.65%) 5,321,335 55.20 - 57.84 7,768,006 (59.35%) 33 (56.90%)
50% (41.54%) 27 (41.18%) 5,526,335 55.01 - 57.95 7,893,698 (58.82%) 38 (58.46%)
100% (44.93%) 31 (41.29%) 5,551,355 54.93 - 57.95 7,893,698 (58.71%) 38 (55.07%)
all (44.29%) 31 (41.28%) 5,551,355 54.93 - 57.99 7,897,698 (58.72%) 39 (55.71%)
stv
- 21 May 2003 08:39
- 452 of 498
L2 not looking strong. Can you provide for VOD also. Many more sellers have surfaced now, not sure if I should've disposed as UK mkt -0.6% is weakening now.
ainsoph - 21 May 2003 08:42 - 453 of 498
bit too busy to do vod at this time as it isnt one i track ..... I am still holding - volumes are very high but US futures are relatively flat but +
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (40.00%) 8 (44.18%) 3,643,175 56.53 - 57.14 4,602,259 (55.82%) 12 (60.00%)
5% (43.33%) 13 (54.03%) 5,693,175 56.33 - 57.17 4,844,059 (45.97%) 17 (56.67%)
10% (38.78%) 19 (54.69%) 6,446,170 56.18 - 57.35 5,339,879 (45.31%) 30 (61.22%)
15% (44.44%) 28 (54.67%) 7,605,557 55.62 - 58.09 6,305,466 (45.33%) 35 (55.56%)
50% (43.66%) 31 (54.89%) 7,825,557 55.46 - 58.21 6,431,158 (45.11%) 40 (56.34%)
100% (46.67%) 35 (54.97%) 7,850,577 55.41 - 58.21 6,431,158 (45.03%) 40 (53.33%)
all (46.05%) 35 (54.95%) 7,850,577 55.41 - 58.27 6,435,158 (45.05%) 41 (53.95%
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (40.00%) 8 (44.18%) 3,643,175 56.53 - 57.14 4,602,259 (55.82%) 12 (60.00%)
5% (43.33%) 13 (54.03%) 5,693,175 56.33 - 57.17 4,844,059 (45.97%) 17 (56.67%)
10% (38.78%) 19 (54.69%) 6,446,170 56.18 - 57.35 5,339,879 (45.31%) 30 (61.22%)
15% (44.44%) 28 (54.67%) 7,605,557 55.62 - 58.09 6,305,466 (45.33%) 35 (55.56%)
50% (43.66%) 31 (54.89%) 7,825,557 55.46 - 58.21 6,431,158 (45.11%) 40 (56.34%)
100% (46.67%) 35 (54.97%) 7,850,577 55.41 - 58.21 6,431,158 (45.03%) 40 (53.33%)
all (46.05%) 35 (54.95%) 7,850,577 55.41 - 58.27 6,435,158 (45.05%) 41 (53.95%
stv
- 21 May 2003 09:47
- 454 of 498
L2 not looking good. Please provide for VOD also. Far too many sellers as UK-1.2%.
ainsoph - 21 May 2003 09:49 - 455 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (48.65%) 18 (45.91%) 5,180,245 56.14 - 56.81 6,102,762 (54.09%) 19 (51.35%)
5% (47.50%) 19 (44.42%) 5,680,245 56.06 - 56.87 7,107,762 (55.58%) 21 (52.50%)
10% (45.76%) 27 (45.23%) 6,073,040 55.97 - 56.92 7,353,062 (54.77%) 32 (54.24%)
15% (46.58%) 34 (48.64%) 7,192,627 55.42 - 57.00 7,593,382 (51.36%) 39 (53.42%)
50% (48.10%) 38 (46.51%) 7,417,527 55.26 - 57.58 8,530,969 (53.49%) 41 (51.90%)
100% (47.67%) 41 (46.36%) 7,437,647 55.20 - 57.65 8,606,661 (53.64%) 45 (52.33%)
all (47.13%) 41 (46.35%) 7,437,647 55.20 - 57.69 8,610,661 (53.65%) 46 (52.87%)
0-1% (48.65%) 18 (45.91%) 5,180,245 56.14 - 56.81 6,102,762 (54.09%) 19 (51.35%)
1-5% (33.33%) 1 (33.22%) 500,000 56.06 - 56.87 1,005,000 (66.78%) 2 (66.67%)
5-10% (42.11%) 8 (61.56%) 392,795 55.97 - 56.92 245,300 (38.44%) 11 (57.89%)
10-15% (50.00%) 7 (82.33%) 1,119,587 55.42 - 57.00 240,320 (17.67%) 7 (50.00%)
15-50% (66.67%) 4 (19.35%) 224,900 55.26 - 57.58 937,587 (80.65%) 2 (33.33%)
50-100% (42.86%) 3 (21.00%) 20,120 55.20 - 57.65 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 55.20 - 57.69 4,000 (100.00%) 1 (100.00%)
stv
- 21 May 2003 10:32
- 456 of 498
L2 for VOD also? How comes your natural talent for this didn't predict O2 falling to yesterday's level. I feel really stupid now for not selling, such a waste of .
ainsoph - 21 May 2003 10:38 - 457 of 498
to be honest I had other things I was more interested in :-(( ..... trading other shares and had a few broker problems and put this on hold. It was unlikely I would sell after seeing figures and the shares are just reponding to the market falls .... they are now just ahead but I am happy to hold although I accept there was ST opportunity to close and rebuy (just)
ains
ains
ainsoph - 21 May 2003 10:39 - 458 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (48.65%) 18 (45.91%) 5,180,245 56.14 - 56.81 6,102,762 (54.09%) 19 (51.35%)
5% (47.50%) 19 (44.42%) 5,680,245 56.06 - 56.87 7,107,762 (55.58%) 21 (52.50%)
10% (45.76%) 27 (45.23%) 6,073,040 55.97 - 56.92 7,353,062 (54.77%) 32 (54.24%)
15% (46.58%) 34 (48.64%) 7,192,627 55.42 - 57.00 7,593,382 (51.36%) 39 (53.42%)
50% (48.10%) 38 (46.51%) 7,417,527 55.26 - 57.58 8,530,969 (53.49%) 41 (51.90%)
100% (47.67%) 41 (46.36%) 7,437,647 55.20 - 57.65 8,606,661 (53.64%) 45 (52.33%)
all (47.13%) 41 (46.35%) 7,437,647 55.20 - 57.69 8,610,661 (53.65%) 46 (52.87%)
0-1% (48.65%) 18 (45.91%) 5,180,245 56.14 - 56.81 6,102,762 (54.09%) 19 (51.35%)
1-5% (33.33%) 1 (33.22%) 500,000 56.06 - 56.87 1,005,000 (66.78%) 2 (66.67%)
5-10% (42.11%) 8 (61.56%) 392,795 55.97 - 56.92 245,300 (38.44%) 11 (57.89%)
10-15% (50.00%) 7 (82.33%) 1,119,587 55.42 - 57.00 240,320 (17.67%) 7 (50.00%)
15-50% (66.67%) 4 (19.35%) 224,900 55.26 - 57.58 937,587 (80.65%) 2 (33.33%)
50-100% (42.86%) 3 (21.00%) 20,120 55.20 - 57.65 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 55.20 - 57.69 4,000 (100.00%) 1 (100.00%)
ainsoph - 21 May 2003 11:18 - 459 of 498
Wednesday May 21, 08:58 AM
MmO2 makes 10 billion pound loss
Click to enlarge photo
LONDON (Reuters) - Mobile phone group mmO2 has reported a doubling of full-year core earnings, but has fallen to a deep loss after writing down its third-generation licences.
MmO2 (LSE: OOM.L - news - msgs) shares gained 2.7 percent to 56-3/4 pence as dealers welcomed the prudence of the 9.7 billion pound asset writedown. The group, worth around five billion pounds on the stock market, made a full-year pre-tax loss of 10.2 billion.
"Our board believes that this impairment enables us to go forward with a balance sheet that reflects realistic assumptions about the potential of our business to grow and to deliver attractive returns to shareholders," Chief Executive Peter Erskine told reporters on a conference call.
Erskine blamed the 3G writedowns on regulatory price cuts imposed earlier this year and delays to network roll-out caused by shortages of "unreliable and expensive" 3G handsets.
In an anticipated move, mmO2 wrote down 5.9 billion pounds relating to its 3G licences, 2.4 billion pounds in goodwill and 1.4 billion pounds on the sale of its Dutch business last month.
As a result of the one-off writedowns, Finance Director David Finch said mmO2 would turn a pre-exceptional, pre-goodwill operating profit this year if it met performance expectations.
The 2.1 billion pound writedown on its UK 3G licence, which cost four billion in 2000, would be tax-deductible, he added.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 859 million pounds in the year to March 31 from 433 million the previous year, at the upper end of expectations. Total revenue rose 14 percent to 4.874 billion pounds.
Average revenue per user over the 12 months to the end of March rose to 247 pounds in Britain from 243 pounds in the quarter to December, while the same figure in Germany climbed to 219 pounds from 212 pounds three months before. In the fourth quarter, mmO2 added 301,000 users to around 19.4 million.
Increasingly seen by analysts as a takeover target, mmO2 demerged from former British telecoms monopoly BT Group Plc (LSE: BT.L - news - msgs) in November 2001.
Dutch operator KPN (Amsterdam: KPN.AS - news) and mmO2 have held talks about combining their German operations, which are the number three and four players in a market dominated by Deutsche Telekom (Xetra: 555750.DE - news) and Vodafone Group Plc (LSE: VOD.L - news - msgs) .
Erskine said there were no discussions at the moment with KPN, but he once again left the door open to any potential developments that would contribute to "shareholder value".
As for speculation about BT buying back its mobile offspring to help drive growth, Erskine said: "I read it in the newspapers and again I assure you there's no conversations with them."
But he added: "I'll do whatever's right for shareholder value."
MmO2 makes 10 billion pound loss
Click to enlarge photo
LONDON (Reuters) - Mobile phone group mmO2 has reported a doubling of full-year core earnings, but has fallen to a deep loss after writing down its third-generation licences.
MmO2 (LSE: OOM.L - news - msgs) shares gained 2.7 percent to 56-3/4 pence as dealers welcomed the prudence of the 9.7 billion pound asset writedown. The group, worth around five billion pounds on the stock market, made a full-year pre-tax loss of 10.2 billion.
"Our board believes that this impairment enables us to go forward with a balance sheet that reflects realistic assumptions about the potential of our business to grow and to deliver attractive returns to shareholders," Chief Executive Peter Erskine told reporters on a conference call.
Erskine blamed the 3G writedowns on regulatory price cuts imposed earlier this year and delays to network roll-out caused by shortages of "unreliable and expensive" 3G handsets.
In an anticipated move, mmO2 wrote down 5.9 billion pounds relating to its 3G licences, 2.4 billion pounds in goodwill and 1.4 billion pounds on the sale of its Dutch business last month.
As a result of the one-off writedowns, Finance Director David Finch said mmO2 would turn a pre-exceptional, pre-goodwill operating profit this year if it met performance expectations.
The 2.1 billion pound writedown on its UK 3G licence, which cost four billion in 2000, would be tax-deductible, he added.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 859 million pounds in the year to March 31 from 433 million the previous year, at the upper end of expectations. Total revenue rose 14 percent to 4.874 billion pounds.
Average revenue per user over the 12 months to the end of March rose to 247 pounds in Britain from 243 pounds in the quarter to December, while the same figure in Germany climbed to 219 pounds from 212 pounds three months before. In the fourth quarter, mmO2 added 301,000 users to around 19.4 million.
Increasingly seen by analysts as a takeover target, mmO2 demerged from former British telecoms monopoly BT Group Plc (LSE: BT.L - news - msgs) in November 2001.
Dutch operator KPN (Amsterdam: KPN.AS - news) and mmO2 have held talks about combining their German operations, which are the number three and four players in a market dominated by Deutsche Telekom (Xetra: 555750.DE - news) and Vodafone Group Plc (LSE: VOD.L - news - msgs) .
Erskine said there were no discussions at the moment with KPN, but he once again left the door open to any potential developments that would contribute to "shareholder value".
As for speculation about BT buying back its mobile offspring to help drive growth, Erskine said: "I read it in the newspapers and again I assure you there's no conversations with them."
But he added: "I'll do whatever's right for shareholder value."
ainsoph - 21 May 2003 12:21 - 460 of 498
The reverse is also due to the comments at the analysts meeting this morning ...... no current discussions with KPN regarding a potential takeover price for german sub
massive vol today - already 116 mllion
ains
massive vol today - already 116 mllion
ains
ainsoph - 21 May 2003 12:26 - 461 of 498
MmO2 hit by 10bn losses over 3G costs
JIM STANTON DEPUTY BUSINESS EDITOR
BRITISH mobile phone operator mmO2 today crashed to a 10.2 billion loss.
The loss - a consequence of massive asset writedowns - came despite Europes fifth-biggest mobile operator boosting core earnings.
The company, formerly BT Cellnet, took a 9.66bn non-cash exceptional charge to help readjust the value of third-generation (3G) licences bought at inflated prices during the height of the telecoms boom in 2000.
However, mmO2 did see its core pre-tax profit almost double to 859 million, which was near the upper end of analysts expectations of between 809m and 870m.
Overall sales grew 14 per cent to 4.87bn for the year to March 31, up from 433m last time. And the company also saw an 11 per cent increase in its customer numbers to 19.4 million.
About 5.9bn of the writedown relates to the 3G licences the company bought to operate wireless internet services via mobile phones.
As the telecoms bubble burst in 2000 the value of the licences plunged. But further doubt has been cast on their value as the services they were brought to provide have taken longer to roll out than was first expected because of the lack of 3G handsets. This has delayed any potential earnings from the new technology.
The remainder of the writedown is connected to lower valuations put on other telecom acquisitions to reflect the fall in stockmarkets over the past three years.
Some analysts believe that mmO2 has tidied up its balance sheet to make itself a more attractive takeover target.
In a statement, mmO2 said: "We still believe theres a great long-term future for 3G. Its a service people will want and will pay for but it will take time for them to adopt it."
Chairman David Varney said: "In these year-end results, the size of the exceptional charges we have taken has masked the strong underlying performance delivered in our first full year as an independent company.
"However, this impairment enables us to go forward with a balance sheet that reflects realistic assumptions about the potential of our business to grow."
Mr Varney added that after the company had disposed of some operations in the Netherlands, mmO2 could build on the momentum it had created since it demerged from parent BT Group in November 2001.
Mr Varney said that arpu (average revenue per user) - a key industry measure - over the 12 months to the end of March rose to 247 in Britain from 243 in the quarter to December. In the fourth quarter, mmO2 added 301,000 users to around 19.4 million.
Chief executive Peter Erskine insisted that the company had put in a strong performance in spite of the writedown.
He said: "In mmO2s first full year as an independent company, it was vital for us to deliver on the commitments made at the time of the demerger; these results demonstrate this was achieved, with the group delivering strong growth and performance improvement."
Mr Erskine said the groups "O2" brand, which had been introduced across the whole group, had "achieved awareness and appeal well ahead of expectations".
He said that over the year the firm had successfully restructured its business in the UK and Germany, as well as securing a 3G licence for Ireland, and had introduced a stream of data service products.
"All these factors contributed to the growth, and improvement in performance, that we are determined to sustain going forward," Mr Erskine added.
JIM STANTON DEPUTY BUSINESS EDITOR
BRITISH mobile phone operator mmO2 today crashed to a 10.2 billion loss.
The loss - a consequence of massive asset writedowns - came despite Europes fifth-biggest mobile operator boosting core earnings.
The company, formerly BT Cellnet, took a 9.66bn non-cash exceptional charge to help readjust the value of third-generation (3G) licences bought at inflated prices during the height of the telecoms boom in 2000.
However, mmO2 did see its core pre-tax profit almost double to 859 million, which was near the upper end of analysts expectations of between 809m and 870m.
Overall sales grew 14 per cent to 4.87bn for the year to March 31, up from 433m last time. And the company also saw an 11 per cent increase in its customer numbers to 19.4 million.
About 5.9bn of the writedown relates to the 3G licences the company bought to operate wireless internet services via mobile phones.
As the telecoms bubble burst in 2000 the value of the licences plunged. But further doubt has been cast on their value as the services they were brought to provide have taken longer to roll out than was first expected because of the lack of 3G handsets. This has delayed any potential earnings from the new technology.
The remainder of the writedown is connected to lower valuations put on other telecom acquisitions to reflect the fall in stockmarkets over the past three years.
Some analysts believe that mmO2 has tidied up its balance sheet to make itself a more attractive takeover target.
In a statement, mmO2 said: "We still believe theres a great long-term future for 3G. Its a service people will want and will pay for but it will take time for them to adopt it."
Chairman David Varney said: "In these year-end results, the size of the exceptional charges we have taken has masked the strong underlying performance delivered in our first full year as an independent company.
"However, this impairment enables us to go forward with a balance sheet that reflects realistic assumptions about the potential of our business to grow."
Mr Varney added that after the company had disposed of some operations in the Netherlands, mmO2 could build on the momentum it had created since it demerged from parent BT Group in November 2001.
Mr Varney said that arpu (average revenue per user) - a key industry measure - over the 12 months to the end of March rose to 247 in Britain from 243 in the quarter to December. In the fourth quarter, mmO2 added 301,000 users to around 19.4 million.
Chief executive Peter Erskine insisted that the company had put in a strong performance in spite of the writedown.
He said: "In mmO2s first full year as an independent company, it was vital for us to deliver on the commitments made at the time of the demerger; these results demonstrate this was achieved, with the group delivering strong growth and performance improvement."
Mr Erskine said the groups "O2" brand, which had been introduced across the whole group, had "achieved awareness and appeal well ahead of expectations".
He said that over the year the firm had successfully restructured its business in the UK and Germany, as well as securing a 3G licence for Ireland, and had introduced a stream of data service products.
"All these factors contributed to the growth, and improvement in performance, that we are determined to sustain going forward," Mr Erskine added.
ainsoph - 21 May 2003 13:36 - 462 of 498
nomura is bullish and considers write downs as a red herring
stv
- 21 May 2003 13:54
- 463 of 498
L2? Did you topup or holding & waiting. Can't believe could've paid far less today.
ainsoph - 21 May 2003 14:03 - 464 of 498
I have topped up and back to a full house now ..... I think some of the news has been mishandled and not worried ....
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.00%) 13 (53.28%) 2,919,950 54.29 - 55.14 2,560,251 (46.72%) 12 (48.00%)
5% (53.13%) 17 (57.12%) 5,209,750 54.04 - 55.42 3,910,251 (42.88%) 15 (46.88%)
10% (46.15%) 24 (45.58%) 5,433,950 53.97 - 56.06 6,486,951 (54.42%) 28 (53.85%)
15% (40.00%) 30 (45.16%) 5,726,950 53.78 - 56.26 6,954,071 (54.84%) 45 (60.00%)
50% (40.79%) 31 (45.18%) 5,731,850 53.78 - 56.26 6,954,071 (54.82%) 45 (59.21%)
100% (40.96%) 34 (45.00%) 5,751,970 53.71 - 56.35 7,029,763 (55.00%) 49 (59.04%)
all (40.48%) 34 (44.99%) 5,751,970 53.71 - 56.40 7,033,763 (55.01%) 50 (59.52%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (52.00%) 13 (53.28%) 2,919,950 54.29 - 55.14 2,560,251 (46.72%) 12 (48.00%)
5% (53.13%) 17 (57.12%) 5,209,750 54.04 - 55.42 3,910,251 (42.88%) 15 (46.88%)
10% (46.15%) 24 (45.58%) 5,433,950 53.97 - 56.06 6,486,951 (54.42%) 28 (53.85%)
15% (40.00%) 30 (45.16%) 5,726,950 53.78 - 56.26 6,954,071 (54.84%) 45 (60.00%)
50% (40.79%) 31 (45.18%) 5,731,850 53.78 - 56.26 6,954,071 (54.82%) 45 (59.21%)
100% (40.96%) 34 (45.00%) 5,751,970 53.71 - 56.35 7,029,763 (55.00%) 49 (59.04%)
all (40.48%) 34 (44.99%) 5,751,970 53.71 - 56.40 7,033,763 (55.01%) 50 (59.52%)
stv
- 21 May 2003 14:12
- 465 of 498
Can you post L2 for VOD also? What did you topup at & what you looking to sell.
ainsoph - 21 May 2003 14:14 - 466 of 498
Looking for a swing trade rather than intraday - close to 54p
14:01 GMT: ROUNDUP mmo2 posts 10 bln stg loss in wake of 3G writedowns
LONDON (AFX) - Mobile phone operator mmo2 PLC reported a huge 10 bln stg loss as it wrote down the value of its third generation licences bought at the height of the teleom boom three years ago.
The company reported a 10.2 bln stg loss for the full year, reflecting an exceptional charge of 9.66 bln stg.
Around 5.9 bln stg of the charge came from the write-down of 3G licences, 2.4 bln on past acquisitions and 1.4 bln stg on the sale last month of its loss-making O2 Netherlands arm.
British Telecom paid 4 bln stg for mmO2's 20-year UK 3G permit and 5.2 billion stg for its German license before it demerged its wireless arm, then called BT Cellnet, in November 2001.
mmo2's assets are now worth about 10 bln stg.
Analysts expect the move by mmo2, widely flagged by weekend press reports, will lead other mobile operators, like Vodafone, to follow suit.
"There is a recognition that too much was paid for 3G licences three years ago at the top of the market, and since then, time in which to recoup that investment has shortened," chief executive Peter Erskine told reporters on a conference call.
This is because the launch of 3G has been delayed, in part due to the shortage of "unreliable and expensive" handsets.
The huge write-off masked a strong rise in the group's core earnings.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 859 mln stg in the year to March 31 from 433 mln in the prior year, coming in at the upper end of expectations.
Total revenue rose 14 pct to 4.874 bln stg.
Analysts were impressed by the strong performance from O2 Germany and the prospect of a deferred tax credit from the 2.1 bln stg write down of its UK third generation licence.
Broker Cazenove put the maximum value of this tax shield at 630 mln stg.
mmo2 said its average revenue per user (ARPU) target growth of 4 to 8 pct had been achieved with ARPU in the UK up 6.9 pct to 247 stg for the year and ARPU in Germany ahead 12.3 pct to 219 stg.
mmo2 improved its customer base by 11 pct to 19.4 mln at the year end.
The company added 98,000 UK customers in the last three months of its fiscal year, giving it 12.1 mln subscribers.
In Germany, it signed 236,000 new subscribers, taking its total to 4.81 mln. Erskine said mmO2 would consider any offers for O2 Germany if they were "good".
But he declined to comment on stock market rumours that mmo2 is in talks to sell O2 Germany to Dutch telecom operator Royal KPN, owner of German mobile firm E-Plus.
tim.farrand@afxnews.com
14:01 GMT: ROUNDUP mmo2 posts 10 bln stg loss in wake of 3G writedowns
LONDON (AFX) - Mobile phone operator mmo2 PLC reported a huge 10 bln stg loss as it wrote down the value of its third generation licences bought at the height of the teleom boom three years ago.
The company reported a 10.2 bln stg loss for the full year, reflecting an exceptional charge of 9.66 bln stg.
Around 5.9 bln stg of the charge came from the write-down of 3G licences, 2.4 bln on past acquisitions and 1.4 bln stg on the sale last month of its loss-making O2 Netherlands arm.
British Telecom paid 4 bln stg for mmO2's 20-year UK 3G permit and 5.2 billion stg for its German license before it demerged its wireless arm, then called BT Cellnet, in November 2001.
mmo2's assets are now worth about 10 bln stg.
Analysts expect the move by mmo2, widely flagged by weekend press reports, will lead other mobile operators, like Vodafone, to follow suit.
"There is a recognition that too much was paid for 3G licences three years ago at the top of the market, and since then, time in which to recoup that investment has shortened," chief executive Peter Erskine told reporters on a conference call.
This is because the launch of 3G has been delayed, in part due to the shortage of "unreliable and expensive" handsets.
The huge write-off masked a strong rise in the group's core earnings.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 859 mln stg in the year to March 31 from 433 mln in the prior year, coming in at the upper end of expectations.
Total revenue rose 14 pct to 4.874 bln stg.
Analysts were impressed by the strong performance from O2 Germany and the prospect of a deferred tax credit from the 2.1 bln stg write down of its UK third generation licence.
Broker Cazenove put the maximum value of this tax shield at 630 mln stg.
mmo2 said its average revenue per user (ARPU) target growth of 4 to 8 pct had been achieved with ARPU in the UK up 6.9 pct to 247 stg for the year and ARPU in Germany ahead 12.3 pct to 219 stg.
mmo2 improved its customer base by 11 pct to 19.4 mln at the year end.
The company added 98,000 UK customers in the last three months of its fiscal year, giving it 12.1 mln subscribers.
In Germany, it signed 236,000 new subscribers, taking its total to 4.81 mln. Erskine said mmO2 would consider any offers for O2 Germany if they were "good".
But he declined to comment on stock market rumours that mmo2 is in talks to sell O2 Germany to Dutch telecom operator Royal KPN, owner of German mobile firm E-Plus.
tim.farrand@afxnews.com
ainsoph - 21 May 2003 14:15 - 467 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (47.83%) 11 (42.40%) 2,165,492 54.41 - 55.12 2,941,940 (57.60%) 12 (52.17%)
5% (54.55%) 18 (53.90%) 5,018,141 54.08 - 55.37 4,291,940 (46.10%) 15 (45.45%)
10% (47.17%) 25 (43.97%) 5,391,141 54.02 - 56.00 6,868,640 (56.03%) 28 (52.83%)
15% (42.31%) 33 (44.18%) 5,805,341 53.79 - 56.19 7,335,760 (55.82%) 45 (57.69%)
50% (43.04%) 34 (44.20%) 5,810,241 53.79 - 56.19 7,335,760 (55.80%) 45 (56.96%)
100% (43.02%) 37 (44.03%) 5,830,361 53.72 - 56.28 7,411,452 (55.97%) 49 (56.98%)
all (42.53%) 37 (44.02%) 5,830,361 53.72 - 56.33 7,415,452 (55.98%) 50 (57.47%
ainsoph - 21 May 2003 14:16 - 468 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (55.71%) 78 (48.48%) 11,945,684 119.08 - 120.28 12,694,577 (51.52%) 62 (44.29%)
5% (55.49%) 101 (42.99%) 13,599,334 118.94 - 120.63 18,035,920 (57.01%) 81 (44.51%)
10% (54.25%) 134 (45.53%) 20,473,088 117.96 - 121.36 24,494,252 (54.47%) 113 (45.75%)
15% (46.93%) 153 (41.03%) 21,738,098 117.67 - 122.96 31,238,804 (58.97%) 173 (53.07%)
50% (45.30%) 164 (39.36%) 21,867,212 117.59 - 123.76 33,690,044 (60.64%) 198 (54.70%)
100% (42.75%) 177 (38.74%) 22,050,548 117.37 - 124.43 34,867,344 (61.26%) 237 (57.25%)
all (41.75%) 177 (38.71%) 22,050,548 117.37 - 124.62 34,912,144 (61.29%) 247 (58.25%)
0-1% (55.71%) 78 (48.48%) 11,945,684 119.08 - 120.28 12,694,577 (51.52%) 62 (44.29%)
1-5% (54.76%) 23 (23.64%) 1,653,650 118.94 - 120.63 5,341,343 (76.36%) 19 (45.24%)
5-10% (50.77%) 33 (51.56%) 6,873,754 117.96 - 121.36 6,458,332 (48.44%) 32 (49.23%)
10-15% (24.05%) 19 (15.79%) 1,265,010 117.67 - 122.96 6,744,552 (84.21%) 60 (75.95%)
15-50% (30.56%) 11 (5.00%) 129,114 117.59 - 123.76 2,451,240 (95.00%) 25 (69.44%)
50-100% (25.00%) 13 (13.47%) 183,336 117.37 - 124.43 1,177,300 (86.53%) 39 (75.00%)
100%- (0.00%) 0 (0.00%) 0 117.37 - 124.62 44,800 (100.00%) 10 (100.00%)
ainsoph - 21 May 2003 15:10 - 469 of 498
starting to recover
ainsoph - 21 May 2003 16:01 - 470 of 498
now + on day with massive 159 million trded
stv
- 21 May 2003 17:14
- 471 of 498
What did you topup at? When you say close to 54 I thought the lowest was 54.5 for size. So does that bring your hldg to 50k now? What price are you holding BT from?
ainsoph - 21 May 2003 17:35 - 472 of 498
This was a little brfore lunch time and in a sets dip when they were around 54/54.5 ....... I hold around that sort of figure in total ..... may well sit until 60p again - depends on the market.
My holdings in BT were bought at different prices and I hold a core as well as trade a few .... sitting on very useful profits at this time. I still think they will be the sector winners and the pension thingy isn't as bad as it seems imho.
ains
My holdings in BT were bought at different prices and I hold a core as well as trade a few .... sitting on very useful profits at this time. I still think they will be the sector winners and the pension thingy isn't as bad as it seems imho.
ains
dickdasterdly10000 - 21 May 2003 17:39 - 473 of 498
ains
I think it was last Sunday that the Telegraph on Sunday and The Business both ran large articles on BT
if you can get hold of copies i believe that they would be of interest
The Business also had a large article about MMo2 and its offerings to the emergency sector - it estimated new deals from that would be worth 6p per share
I think it was last Sunday that the Telegraph on Sunday and The Business both ran large articles on BT
if you can get hold of copies i believe that they would be of interest
The Business also had a large article about MMo2 and its offerings to the emergency sector - it estimated new deals from that would be worth 6p per share
ainsoph - 21 May 2003 17:48 - 474 of 498
Thanks dick .... I did read the stuff in the Telegraph but not the Business - think I know where I can find a copy ..... OOM are doing well will a number of peeps like the police and I thinnk are demonstrating that BT was holding them back in many ways. There was a long piece on MW today by a writer they call the Sceptic and even he admitted they warrant a premium for the likely bid factor as well as the progress they are making.
ains
ains
ainsoph - 21 May 2003 22:04 - 475 of 498
MmO2 counts cost of 3G as losses spiral to 10.2bn
By Liz Vaughan-Adams indy
22 May 2003
The mobile phone operator mmO2 admitted yesterday its third-generation mobile phone licences were no longer worth the 10bn they were bought for as it wrote down 5.9bn of their value.
"In hindsight, 4bn [the price paid for its 3G licence in the UK] was too much to pay and I don't think I'm alone [in thinking that]," Peter Erskine, the chief executive, said.
The 5.9bn write-down, plus a further 2.4bn asset write-down and the previously announced 1.4bn loss on the sale of its Dutch business, pushed mmO2 deep into the red for the 12 months to 31 March. Pre-tax losses swelled to 10.2bn for the year - the second-biggest corporate loss ever reported by a UK company - compared with an 873m loss the year before.
Vodafone reported the UK's biggest-ever corporate loss last year when it posted a 13.5bn loss after a 6bn write-down and a 13.5bn goodwill amortisation charge.
David Varney, mmO2's chairman, insisted, however, that the business was making good ground operationally. "In these year-end results, the size of the exceptional charges we have taken has masked the strong underlying performance delivered in our first full year as an independent company," he said.
MmO2 also reckoned the benefits that would come from the 3G licence write-down, including a tax advantage and a lower annual amortisation charge, could see it make an operating profit, before exceptional items, this year. Shares in the company closed up 0.5p, or 0.9 per cent, at 55.75p.
BT, mmO2's former parent, spent close to 10bn buying 3G licences, mainly in the UK and Germany, when markets were flying high during the year 2000. MmO2 now values the UK licence at 1.9bn, compared with its 4bn purchase price, and the German licence at just 1.3bn - a 74.5 per cent fall from its 5.1bn purchase price.
It is the second of the UK's five operators to have taken a 3G licence writedown. Deutsche Telekom, which owns T-Mobile - formerly One2One in the UK - now values its UK licence at about 2.4bn after taking a 2.2bn (1.56bn) write-down. The move will put both Vodafone and Orange under increasing pressure to follow suit although neither is currently thought to be keen to take the step.
Mr Erskine insisted, however, that he was still "confident" about the prospects for 3G - a service which mmO2 plans to launch commercially in the second half of next year.
City analysts were impressed with the company's performance. On an underlying, or Ebitda, basis, mmO2 reported a profit, before exceptional items, of 859m - almost double the 433m of a year before. Sales were 4.87bn, up from 4.28bn. "MmO2 has released a decent set of numbers ... turnover was a little light and Ebitda beat our numbers," analysts at Dresdner Kleinwort Wasserstein said.
One area of disappointment, however, was customer numbers. MmO2 added 301,000 new users in the final quarter of the year, boosting the total to 19.37 million. It won another 98,000 in the UK, bringing the total to 12.05 million, and another 236,000 in Germany, taking the total there to 4.8 million.
Another area of weakness remains the German business, which made an operating loss of 235m in the year although that is an improvement on the 399m loss a year before. Mr Erskine reiterated that mmO2 was not in talks about selling the unit.
Outlook: MmO2 gains brownie points for acknowledging reality on 3G
GlaxoSmithKline; MPC divided
By Jeremy Warner
22 May 2003
"A red herring" is how one City analyst yesterday described the massive 10.2bn write-off of assets announced by the mobile phone company mm02, if only because the stock market has thought them valueless for some years now and reflected this in the share price. But although this is just an accounting adjustment and not a cash item, he's wrong to think it an irrelevance. That 10.2bn represents real money spent in the madness of the bubble on acquisitions and the rush for now redundant spectrum. It's all gone down the pan after one of the greatest speculative investment booms of all time.
Three years ago today, the 3G licence auctions were still in full swing, and I can still vividly recall Sir Peter Bonfield, then chief executive of BT, incredibly claiming that the business plan remained "robust" as the price of each licence was bid up through the 5bn mark. He must have known he was playing Russian roulette, for within months it was clear what a ghastly mistake everyone had made.
Yesterday's write off amounts to final recognition of the management failure that allowed such profligacy to run riot as the boom reached its zenith. It's much easier for mm02 to grasp the nettle than Vodafone, because those ultimately responsible have long since gone. At Vodafone, the management is still largely the same, so the humiliation of writing off 3G licences will be that much greater. We'll know next week, when Vodafone announces figures, whether they've managed to swallow their pride. It will be interesting to hear the explanation, for there are tax and amortisation advantages in taking the hit, if they haven't.
Perhaps significantly, even mm02 continues to believe the licences are worth something, if only a fraction of what was paid for them. Despite the fact that Peter Erskine, chief executive of mm02, is much more sceptical than any of his rivals about 3G's mass market appeal, he's keeping a little over 40 per cent of their value on the books. That may be a good sign, for it suggests that even if 3G never lives up to the high hopes once placed in it, some use for the spectrum, perhaps as just an overspill for ever growing mobile voice telephony, might eventually be found.
By Liz Vaughan-Adams indy
22 May 2003
The mobile phone operator mmO2 admitted yesterday its third-generation mobile phone licences were no longer worth the 10bn they were bought for as it wrote down 5.9bn of their value.
"In hindsight, 4bn [the price paid for its 3G licence in the UK] was too much to pay and I don't think I'm alone [in thinking that]," Peter Erskine, the chief executive, said.
The 5.9bn write-down, plus a further 2.4bn asset write-down and the previously announced 1.4bn loss on the sale of its Dutch business, pushed mmO2 deep into the red for the 12 months to 31 March. Pre-tax losses swelled to 10.2bn for the year - the second-biggest corporate loss ever reported by a UK company - compared with an 873m loss the year before.
Vodafone reported the UK's biggest-ever corporate loss last year when it posted a 13.5bn loss after a 6bn write-down and a 13.5bn goodwill amortisation charge.
David Varney, mmO2's chairman, insisted, however, that the business was making good ground operationally. "In these year-end results, the size of the exceptional charges we have taken has masked the strong underlying performance delivered in our first full year as an independent company," he said.
MmO2 also reckoned the benefits that would come from the 3G licence write-down, including a tax advantage and a lower annual amortisation charge, could see it make an operating profit, before exceptional items, this year. Shares in the company closed up 0.5p, or 0.9 per cent, at 55.75p.
BT, mmO2's former parent, spent close to 10bn buying 3G licences, mainly in the UK and Germany, when markets were flying high during the year 2000. MmO2 now values the UK licence at 1.9bn, compared with its 4bn purchase price, and the German licence at just 1.3bn - a 74.5 per cent fall from its 5.1bn purchase price.
It is the second of the UK's five operators to have taken a 3G licence writedown. Deutsche Telekom, which owns T-Mobile - formerly One2One in the UK - now values its UK licence at about 2.4bn after taking a 2.2bn (1.56bn) write-down. The move will put both Vodafone and Orange under increasing pressure to follow suit although neither is currently thought to be keen to take the step.
Mr Erskine insisted, however, that he was still "confident" about the prospects for 3G - a service which mmO2 plans to launch commercially in the second half of next year.
City analysts were impressed with the company's performance. On an underlying, or Ebitda, basis, mmO2 reported a profit, before exceptional items, of 859m - almost double the 433m of a year before. Sales were 4.87bn, up from 4.28bn. "MmO2 has released a decent set of numbers ... turnover was a little light and Ebitda beat our numbers," analysts at Dresdner Kleinwort Wasserstein said.
One area of disappointment, however, was customer numbers. MmO2 added 301,000 new users in the final quarter of the year, boosting the total to 19.37 million. It won another 98,000 in the UK, bringing the total to 12.05 million, and another 236,000 in Germany, taking the total there to 4.8 million.
Another area of weakness remains the German business, which made an operating loss of 235m in the year although that is an improvement on the 399m loss a year before. Mr Erskine reiterated that mmO2 was not in talks about selling the unit.
Outlook: MmO2 gains brownie points for acknowledging reality on 3G
GlaxoSmithKline; MPC divided
By Jeremy Warner
22 May 2003
"A red herring" is how one City analyst yesterday described the massive 10.2bn write-off of assets announced by the mobile phone company mm02, if only because the stock market has thought them valueless for some years now and reflected this in the share price. But although this is just an accounting adjustment and not a cash item, he's wrong to think it an irrelevance. That 10.2bn represents real money spent in the madness of the bubble on acquisitions and the rush for now redundant spectrum. It's all gone down the pan after one of the greatest speculative investment booms of all time.
Three years ago today, the 3G licence auctions were still in full swing, and I can still vividly recall Sir Peter Bonfield, then chief executive of BT, incredibly claiming that the business plan remained "robust" as the price of each licence was bid up through the 5bn mark. He must have known he was playing Russian roulette, for within months it was clear what a ghastly mistake everyone had made.
Yesterday's write off amounts to final recognition of the management failure that allowed such profligacy to run riot as the boom reached its zenith. It's much easier for mm02 to grasp the nettle than Vodafone, because those ultimately responsible have long since gone. At Vodafone, the management is still largely the same, so the humiliation of writing off 3G licences will be that much greater. We'll know next week, when Vodafone announces figures, whether they've managed to swallow their pride. It will be interesting to hear the explanation, for there are tax and amortisation advantages in taking the hit, if they haven't.
Perhaps significantly, even mm02 continues to believe the licences are worth something, if only a fraction of what was paid for them. Despite the fact that Peter Erskine, chief executive of mm02, is much more sceptical than any of his rivals about 3G's mass market appeal, he's keeping a little over 40 per cent of their value on the books. That may be a good sign, for it suggests that even if 3G never lives up to the high hopes once placed in it, some use for the spectrum, perhaps as just an overspill for ever growing mobile voice telephony, might eventually be found.
ainsoph - 21 May 2003 22:05 - 476 of 498
Brokers were impressed by the strong performance from O2 Germany and the prospect of a deferred tax credit from the 2.1 bln stg write down of its UK third generation licence. "Germany business is performing extremely well, perhaps further reducing the pressure for consolidation, although 3G cash drain will now increase," said Cazenove in a research note.
As widely reported in the weekend press the company took exceptional charges of 9.66 bln stg, including a 5.9 bln stg write down in the value of its third generation (3G) licences. "The large writedown in goodwill and licence fees is already more than fully discounted and may bring forward UK tax credits," added Cazenove. The broker put the maximum value of this tax shield at 630m. The company posted an EBITDA of 859m for the year to March 31 2003, against a stock market consensus estimate of 842m. Cazenove said it would raise its EBITDA estimates by about 3% but also increase capex by 20% for the current financial year.
In a research note Morgan Stanley said the results are above consensus on revenues and EBITDA. The broker also highlighted the likely UK tax credit and the prospect of consolidation in Germany. mmO2 said it would consider any offers for O2 Germany if they were good.
As widely reported in the weekend press the company took exceptional charges of 9.66 bln stg, including a 5.9 bln stg write down in the value of its third generation (3G) licences. "The large writedown in goodwill and licence fees is already more than fully discounted and may bring forward UK tax credits," added Cazenove. The broker put the maximum value of this tax shield at 630m. The company posted an EBITDA of 859m for the year to March 31 2003, against a stock market consensus estimate of 842m. Cazenove said it would raise its EBITDA estimates by about 3% but also increase capex by 20% for the current financial year.
In a research note Morgan Stanley said the results are above consensus on revenues and EBITDA. The broker also highlighted the likely UK tax credit and the prospect of consolidation in Germany. mmO2 said it would consider any offers for O2 Germany if they were good.
ainsoph - 22 May 2003 08:27 - 477 of 498
LONDON (AFX) - Shares in mm02, the UK mobile phone operator, are expected to be active in opening deals, with brokers divided on the near-term direction of the stock in the wake of yesterday's figures.
Goldman Sachs was bearish on mm02's share price performance in the near-term, cutting its rating back to 'in-line' from the previous 'outperform'.
But other brokers were much more upbeat.
Merrill Lynch repeated its 'buy' advice and hiked its target price to 68 pence from the previous 66 pence. And another leading broker reiterated its 'overweight' stance and increased the price aim to 75 pence from 73 pence -- saying it remains a buyer in the 53-60 pence range.
nm/vjt/
Goldman Sachs was bearish on mm02's share price performance in the near-term, cutting its rating back to 'in-line' from the previous 'outperform'.
But other brokers were much more upbeat.
Merrill Lynch repeated its 'buy' advice and hiked its target price to 68 pence from the previous 66 pence. And another leading broker reiterated its 'overweight' stance and increased the price aim to 75 pence from 73 pence -- saying it remains a buyer in the 53-60 pence range.
nm/vjt/
ainsoph - 22 May 2003 08:57 - 478 of 498
Durlatcher has them as a trading 'dont care' as they say charts indicate a range of 52/59p aand no clear direction until they hit one of the guides .... looks okay to me and more than happy to hold
ainsoph - 22 May 2003 08:58 - 479 of 498
Thu 22 May 2003
LONDON (SHARECAST) - Telecoms company BT is to reveal a record 8bn black hole in its pension fund, reports the Guardian. Millions of pounds a year will have to be put away to safeguard retirement payments for more than 350,000 former staff.
Vodafone is expected to stand by the 14bn it has spent on third generation mobile licences next week, despite mmO2's to write-off 6 billion of similar investment, writes The Times.
The prospect of another rate cut increased yesterday when the Bank of England said its monetary policy committee had voted narrowly to keep rates on hold earlier this month, adds the Telegraph.
LONDON (SHARECAST) - Telecoms company BT is to reveal a record 8bn black hole in its pension fund, reports the Guardian. Millions of pounds a year will have to be put away to safeguard retirement payments for more than 350,000 former staff.
Vodafone is expected to stand by the 14bn it has spent on third generation mobile licences next week, despite mmO2's to write-off 6 billion of similar investment, writes The Times.
The prospect of another rate cut increased yesterday when the Bank of England said its monetary policy committee had voted narrowly to keep rates on hold earlier this month, adds the Telegraph.
stv
- 22 May 2003 08:59
- 480 of 498
L2? BT did well, wish I got some, missed out. Did you offload this am or holding?
ainsoph - 22 May 2003 09:05 - 481 of 498
decided to hold - thought they might go through 2
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.75%) 7 (76.30%) 2,170,632 56.08 - 57.28 674,370 (23.70%) 9 (56.25%)
5% (54.17%) 13 (84.96%) 4,020,632 55.84 - 57.31 711,970 (15.04%) 11 (45.83%)
10% (48.57%) 17 (81.27%) 4,256,357 55.78 - 57.84 980,790 (18.73%) 18 (51.43%)
15% (57.14%) 28 (73.72%) 5,392,236 55.01 - 59.76 1,922,369 (26.28%) 21 (42.86%)
50% (54.55%) 30 (73.69%) 5,597,236 54.83 - 59.95 1,998,061 (26.31%) 25 (45.45%)
100% (57.63%) 34 (73.78%) 5,622,256 54.75 - 59.95 1,998,061 (26.22%) 25 (42.37%)
all (56.67%) 34 (73.74%) 5,622,256 54.75 - 60.13 2,002,061 (26.26%) 26 (43.33%)
0-1% (43.75%) 7 (76.30%) 2,170,632 56.08 - 57.28 674,370 (23.70%) 9 (56.25%)
1-5% (75.00%) 6 (98.01%) 1,850,000 55.84 - 57.31 37,600 (1.99%) 2 (25.00%)
5-10% (36.36%) 4 (46.72%) 235,725 55.78 - 57.84 268,820 (53.28%) 7 (63.64%)
10-15% (78.57%) 11 (54.68%) 1,135,879 55.01 - 59.76 941,579 (45.32%) 3 (21.43%)
15-50% (33.33%) 2 (73.03%) 205,000 54.83 - 59.95 75,692 (26.97%) 4 (66.67%)
50-100% (100.00%) 4 (100.00%) 25,020 54.75 - 59.95 0 (0.00%) 0 (0.00%)
100%- (0.00%) 0 (0.00%) 0 54.75 - 60.13 4,000 (100.00%) 1 (100.00%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (43.75%) 7 (76.30%) 2,170,632 56.08 - 57.28 674,370 (23.70%) 9 (56.25%)
5% (54.17%) 13 (84.96%) 4,020,632 55.84 - 57.31 711,970 (15.04%) 11 (45.83%)
10% (48.57%) 17 (81.27%) 4,256,357 55.78 - 57.84 980,790 (18.73%) 18 (51.43%)
15% (57.14%) 28 (73.72%) 5,392,236 55.01 - 59.76 1,922,369 (26.28%) 21 (42.86%)
50% (54.55%) 30 (73.69%) 5,597,236 54.83 - 59.95 1,998,061 (26.31%) 25 (45.45%)
100% (57.63%) 34 (73.78%) 5,622,256 54.75 - 59.95 1,998,061 (26.22%) 25 (42.37%)
all (56.67%) 34 (73.74%) 5,622,256 54.75 - 60.13 2,002,061 (26.26%) 26 (43.33%)
0-1% (43.75%) 7 (76.30%) 2,170,632 56.08 - 57.28 674,370 (23.70%) 9 (56.25%)
1-5% (75.00%) 6 (98.01%) 1,850,000 55.84 - 57.31 37,600 (1.99%) 2 (25.00%)
5-10% (36.36%) 4 (46.72%) 235,725 55.78 - 57.84 268,820 (53.28%) 7 (63.64%)
10-15% (78.57%) 11 (54.68%) 1,135,879 55.01 - 59.76 941,579 (45.32%) 3 (21.43%)
15-50% (33.33%) 2 (73.03%) 205,000 54.83 - 59.95 75,692 (26.97%) 4 (66.67%)
50-100% (100.00%) 4 (100.00%) 25,020 54.75 - 59.95 0 (0.00%) 0 (0.00%)
100%- (0.00%) 0 (0.00%) 0 54.75 - 60.13 4,000 (100.00%) 1 (100.00%)
stv
- 22 May 2003 10:03
- 482 of 498
L2? Why's this stubbonly not moving despite BT & VOD moving higher and a +ve US?
What did you get your BT at? I suppose you were fortunate enough to get at lows? It's ticked up again despite allowing me to get on board I again failed to buy it.
What did you get your BT at? I suppose you were fortunate enough to get at lows? It's ticked up again despite allowing me to get on board I again failed to buy it.
ainsoph - 22 May 2003 10:13 - 483 of 498
yes .... I bought low on BT - some less than 145p but average a bit higher
I think peeps are confused on oom and the write offs are seen as bad but they are factored in and the company looks more likely than ever to be a bid target.
Sector is up 1.27% - oom up 0.9%
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (58.06%) 18 (56.11%) 2,724,050 55.94 - 56.76 2,131,219 (43.89%) 13 (41.94%)
5% (55.00%) 22 (57.66%) 3,499,492 55.83 - 56.88 2,569,619 (42.34%) 18 (45.00%)
10% (50.94%) 27 (56.80%) 3,678,992 55.77 - 57.04 2,797,719 (43.20%) 26 (49.06%)
15% (54.41%) 37 (55.03%) 4,794,871 54.91 - 58.28 3,917,618 (44.97%) 31 (45.59%)
50% (56.34%) 40 (56.09%) 5,004,771 54.70 - 58.28 3,917,618 (43.91%) 31 (43.66%)
100% (55.13%) 43 (55.72%) 5,024,891 54.62 - 58.41 3,993,310 (44.28%) 35 (44.87%)
all (54.43%) 43 (55.69%) 5,024,891 54.62 - 58.50 3,997,310 (44.31%) 36 (45.57%)
0-1% (58.06%) 18 (56.11%) 2,724,050 55.94 - 56.76 2,131,219 (43.89%) 13 (41.94%)
1-5% (44.44%) 4 (63.88%) 775,442 55.83 - 56.88 438,400 (36.12%) 5 (55.56%)
5-10% (38.46%) 5 (44.04%) 179,500 55.77 - 57.04 228,100 (55.96%) 8 (61.54%)
10-15% (66.67%) 10 (49.91%) 1,115,879 54.91 - 58.28 1,119,899 (50.09%) 5 (33.33%)
15-50% (100.00%) 3 (100.00%) 209,900 54.70 - 58.28 0 (0.00%) 0 (0.00%)
50-100% (42.86%) 3 (21.00%) 20,120 54.62 - 58.41 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 54.62 - 58.50 4,000 (100.00%) 1 (100.00%)
I think peeps are confused on oom and the write offs are seen as bad but they are factored in and the company looks more likely than ever to be a bid target.
Sector is up 1.27% - oom up 0.9%
ains
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (58.06%) 18 (56.11%) 2,724,050 55.94 - 56.76 2,131,219 (43.89%) 13 (41.94%)
5% (55.00%) 22 (57.66%) 3,499,492 55.83 - 56.88 2,569,619 (42.34%) 18 (45.00%)
10% (50.94%) 27 (56.80%) 3,678,992 55.77 - 57.04 2,797,719 (43.20%) 26 (49.06%)
15% (54.41%) 37 (55.03%) 4,794,871 54.91 - 58.28 3,917,618 (44.97%) 31 (45.59%)
50% (56.34%) 40 (56.09%) 5,004,771 54.70 - 58.28 3,917,618 (43.91%) 31 (43.66%)
100% (55.13%) 43 (55.72%) 5,024,891 54.62 - 58.41 3,993,310 (44.28%) 35 (44.87%)
all (54.43%) 43 (55.69%) 5,024,891 54.62 - 58.50 3,997,310 (44.31%) 36 (45.57%)
0-1% (58.06%) 18 (56.11%) 2,724,050 55.94 - 56.76 2,131,219 (43.89%) 13 (41.94%)
1-5% (44.44%) 4 (63.88%) 775,442 55.83 - 56.88 438,400 (36.12%) 5 (55.56%)
5-10% (38.46%) 5 (44.04%) 179,500 55.77 - 57.04 228,100 (55.96%) 8 (61.54%)
10-15% (66.67%) 10 (49.91%) 1,115,879 54.91 - 58.28 1,119,899 (50.09%) 5 (33.33%)
15-50% (100.00%) 3 (100.00%) 209,900 54.70 - 58.28 0 (0.00%) 0 (0.00%)
50-100% (42.86%) 3 (21.00%) 20,120 54.62 - 58.41 75,692 (79.00%) 4 (57.14%)
100%- (0.00%) 0 (0.00%) 0 54.62 - 58.50 4,000 (100.00%) 1 (100.00%)
ainsoph - 22 May 2003 11:12 - 484 of 498
newmediazero, 21 May 2003
Battle commences for mobile traffic revenue
Justin Pearse
The next battle for the mobile content industry looks likely to be a struggle for a share of the standard traffic revenue generated when consumers start to interact with premium services.
Major content owners are generating increasingly large volumes of SMS traffic from consumers who want to interact with their brands, but at the moment all the revenue this generates is being kept by the mobile network operators.
Industry pundits believe the day will soon come when major content owners such as media and sports companies will exercise their power to demand a cut of traffic revenues.
'Call time has never been on the table but when organisations like UEFA flex their muscles, operators won't be able to keep it off the table,' said FT circulation and content sales manager Nigel Stockton.
Revenue share has for a long time been a contentious issue. Although operators do offer a share of premium SMS, content owners complain the percentage offered is too small. The huge volume of traffic being generated by content owners means this argument is spreading toward non-premium traffic.
'I think it'll have to move in that direction in time,' said Granada Sports and Interactive mobile manager Jane Crossley. 'With premium revenue share, awareness has picked up among operators that this has to be a collaborative process.'
Operators have to date firmly refused to countenance such a move. 'We don't do revenue share on traffic because we don't do revenue share on traffic,' summed up Vodafone Live! music business and content manager Edward Kershaw recently.
However Mike Short, VP O2 and chairman of the Mobile Data Association, was more positive. 'If there's as big a market with non-premium rates, we need to look at the sales incentives to suit,' he said.
But the increasing volumes that are generated by content owners mean that increasing pressure is now being applied.
Battle commences for mobile traffic revenue
Justin Pearse
The next battle for the mobile content industry looks likely to be a struggle for a share of the standard traffic revenue generated when consumers start to interact with premium services.
Major content owners are generating increasingly large volumes of SMS traffic from consumers who want to interact with their brands, but at the moment all the revenue this generates is being kept by the mobile network operators.
Industry pundits believe the day will soon come when major content owners such as media and sports companies will exercise their power to demand a cut of traffic revenues.
'Call time has never been on the table but when organisations like UEFA flex their muscles, operators won't be able to keep it off the table,' said FT circulation and content sales manager Nigel Stockton.
Revenue share has for a long time been a contentious issue. Although operators do offer a share of premium SMS, content owners complain the percentage offered is too small. The huge volume of traffic being generated by content owners means this argument is spreading toward non-premium traffic.
'I think it'll have to move in that direction in time,' said Granada Sports and Interactive mobile manager Jane Crossley. 'With premium revenue share, awareness has picked up among operators that this has to be a collaborative process.'
Operators have to date firmly refused to countenance such a move. 'We don't do revenue share on traffic because we don't do revenue share on traffic,' summed up Vodafone Live! music business and content manager Edward Kershaw recently.
However Mike Short, VP O2 and chairman of the Mobile Data Association, was more positive. 'If there's as big a market with non-premium rates, we need to look at the sales incentives to suit,' he said.
But the increasing volumes that are generated by content owners mean that increasing pressure is now being applied.
stv
- 22 May 2003 13:14
- 485 of 498
L2 seems to have improved?
ainsoph - 22 May 2003 13:25 - 486 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (48.57%) 17 (67.31%) 4,580,021 56.41 - 57.24 2,223,845 (32.69%) 18 (51.43%)
5% (54.00%) 27 (73.07%) 6,677,305 56.26 - 57.30 2,461,445 (26.93%) 23 (46.00%)
10% (52.24%) 35 (72.27%) 7,206,030 56.18 - 57.52 2,765,065 (27.73%) 32 (47.76%)
15% (57.32%) 47 (69.29%) 8,361,709 55.62 - 58.60 3,706,644 (30.71%) 35 (42.68%)
50% (55.68%) 49 (69.37%) 8,566,709 55.48 - 58.72 3,782,336 (30.63%) 39 (44.32%)
100% (57.61%) 53 (69.43%) 8,591,729 55.43 - 58.72 3,782,336 (30.57%) 39 (42.39%)
all (56.99%) 53 (69.41%) 8,591,729 55.43 - 58.82 3,786,336 (30.59%) 40 (43.01%
stv
- 22 May 2003 14:51
- 487 of 498
L2 strong still? Really would like this to close 58+ today. Would be really great!
ainsoph - 22 May 2003 14:58 - 488 of 498
there you go ..... all is well that ends well - outperforming sector now
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (34.38%) 11 (51.00%) 2,199,652 57.00 - 57.66 2,113,188 (49.00%) 21 (65.63%)
5% (42.50%) 17 (61.87%) 3,489,283 56.76 - 57.67 2,149,988 (38.13%) 23 (57.50%)
10% (49.18%) 30 (71.51%) 6,069,322 56.37 - 57.87 2,418,108 (28.49%) 31 (50.82%)
15% (58.23%) 46 (68.50%) 7,304,201 55.68 - 58.95 3,358,387 (31.50%) 33 (41.77%)
50% (56.47%) 48 (68.62%) 7,509,201 55.52 - 59.09 3,434,079 (31.38%) 37 (43.53%)
100% (58.43%) 52 (68.69%) 7,534,221 55.46 - 59.09 3,434,079 (31.31%) 37 (41.57%)
all (57.78%) 52 (68.67%) 7,534,221 55.46 - 59.19 3,438,079 (31.33%) 38 (42.22%)
0-1% (34.38%) 11 (51.00%) 2,199,652 57.00 - 57.66 2,113,188 (49.00%) 21 (65.63%)
1-5% (75.00%) 6 (97.23%) 1,289,631 56.76 - 57.67 36,800 (2.77%) 2 (25.00%)
5-10% (61.90%) 13 (90.59%) 2,580,039 56.37 - 57.87 268,120 (9.41%) 8 (38.10%)
10-15% (88.89%) 16 (56.77%) 1,234,879 55.68 - 58.95 940,279 (43.23%) 2 (11.11%)
15-50% (33.33%) 2 (73.03%) 205,000 55.52 - 59.09 75,692 (26.97%) 4 (66.67%)
50-100% (100.00%) 4 (100.00%) 25,020 55.46 - 59.09 0 (0.00%) 0 (0.00%)
100%- (0.00%) 0 (0.00%) 0 55.46 - 59.19 4,000 (100.00%) 1 (100.00%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (34.38%) 11 (51.00%) 2,199,652 57.00 - 57.66 2,113,188 (49.00%) 21 (65.63%)
5% (42.50%) 17 (61.87%) 3,489,283 56.76 - 57.67 2,149,988 (38.13%) 23 (57.50%)
10% (49.18%) 30 (71.51%) 6,069,322 56.37 - 57.87 2,418,108 (28.49%) 31 (50.82%)
15% (58.23%) 46 (68.50%) 7,304,201 55.68 - 58.95 3,358,387 (31.50%) 33 (41.77%)
50% (56.47%) 48 (68.62%) 7,509,201 55.52 - 59.09 3,434,079 (31.38%) 37 (43.53%)
100% (58.43%) 52 (68.69%) 7,534,221 55.46 - 59.09 3,434,079 (31.31%) 37 (41.57%)
all (57.78%) 52 (68.67%) 7,534,221 55.46 - 59.19 3,438,079 (31.33%) 38 (42.22%)
0-1% (34.38%) 11 (51.00%) 2,199,652 57.00 - 57.66 2,113,188 (49.00%) 21 (65.63%)
1-5% (75.00%) 6 (97.23%) 1,289,631 56.76 - 57.67 36,800 (2.77%) 2 (25.00%)
5-10% (61.90%) 13 (90.59%) 2,580,039 56.37 - 57.87 268,120 (9.41%) 8 (38.10%)
10-15% (88.89%) 16 (56.77%) 1,234,879 55.68 - 58.95 940,279 (43.23%) 2 (11.11%)
15-50% (33.33%) 2 (73.03%) 205,000 55.52 - 59.09 75,692 (26.97%) 4 (66.67%)
50-100% (100.00%) 4 (100.00%) 25,020 55.46 - 59.09 0 (0.00%) 0 (0.00%)
100%- (0.00%) 0 (0.00%) 0 55.46 - 59.19 4,000 (100.00%) 1 (100.00%)
stv
- 22 May 2003 16:09
- 489 of 498
L2 strong? Really wish I'd topped up/avg down yesterday. Would've been abs great!
ainsoph - 22 May 2003 16:13 - 490 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (48.57%) 17 (75.03%) 4,547,594 57.08 - 57.72 1,513,257 (24.97%) 18 (51.43%)
5% (47.62%) 20 (70.06%) 5,481,868 56.96 - 57.96 2,342,699 (29.94%) 22 (52.38%)
10% (51.61%) 32 (75.49%) 8,040,557 56.61 - 58.11 2,610,819 (24.51%) 30 (48.39%)
15% (60.00%) 48 (72.31%) 9,275,436 56.03 - 59.08 3,551,098 (27.69%) 32 (40.00%)
50% (58.14%) 50 (72.33%) 9,480,436 55.90 - 59.20 3,626,790 (27.67%) 36 (41.86%)
100% (60.00%) 54 (72.38%) 9,505,456 55.85 - 59.20 3,626,790 (27.62%) 36 (40.00%)
all (59.34%) 54 (72.36%) 9,505,456 55.85 - 59.30 3,630,790 (27.64%) 37 (40.66%
stv
- 23 May 2003 08:14
- 491 of 498
L2 strong? +ve end on Wall Street - O2 perfoming well. Let's hope 60+ reached today.
ainsoph - 23 May 2003 08:24 - 492 of 498
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (42.86%) 6 (64.07%) 1,767,500 58.75 - 59.41 991,149 (35.93%) 8 (57.14%)
5% (40.00%) 8 (63.79%) 2,245,704 58.62 - 59.55 1,274,749 (36.21%) 12 (60.00%)
10% (38.46%) 10 (68.62%) 2,920,634 58.33 - 59.61 1,335,749 (31.38%) 16 (61.54%)
15% (46.51%) 20 (58.87%) 3,427,834 57.89 - 61.06 2,394,614 (41.13%) 23 (53.49%)
50% (48.89%) 22 (64.55%) 4,361,007 56.84 - 61.06 2,394,614 (35.45%) 23 (51.11%)
100% (54.90%) 28 (65.72%) 4,591,027 56.43 - 61.06 2,394,614 (34.28%) 23 (45.10%)
all (53.85%) 28 (65.68%) 4,591,027 56.43 - 61.21 2,398,614 (34.32%) 24 (46.15%)
stv
- 23 May 2003 10:14
- 493 of 498
L2 weak? +ve start but now weakness after strength of Euro hits mkts. Still holding. I hope I have not made my usual mistake of not off loading this am. US Fut flat now.
ainsoph - 23 May 2003 10:55 - 494 of 498
Still looking okay - sector is up 1.41% - oom up 2.61% - market down 0.32% - intraday graph looks like they are trying for another go at 60p
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (35.90%) 14 (59.39%) 3,990,882 58.77 - 59.52 2,728,619 (40.61%) 25 (64.10%)
5% (30.77%) 16 (46.02%) 4,469,086 58.71 - 59.75 5,242,219 (53.98%) 36 (69.23%)
10% (34.85%) 23 (49.86%) 5,315,616 58.49 - 59.78 5,345,819 (50.14%) 43 (65.15%)
15% (41.38%) 36 (46.93%) 5,795,816 58.23 - 60.34 6,554,684 (53.07%) 51 (58.62%)
50% (43.33%) 39 (50.71%) 6,743,140 57.49 - 60.34 6,554,684 (49.29%) 51 (56.67%)
100% (46.88%) 45 (51.55%) 6,973,160 57.20 - 60.34 6,554,684 (48.45%) 51 (53.13%)
all (46.39%) 45 (51.53%) 6,973,160 57.20 - 60.40 6,558,684 (48.47%) 52 (53.61%)
0-1% (35.90%) 14 (59.39%) 3,990,882 58.77 - 59.52 2,728,619 (40.61%) 25 (64.10%)
1-5% (15.38%) 2 (15.98%) 478,204 58.71 - 59.75 2,513,600 (84.02%) 11 (84.62%)
5-10% (50.00%) 7 (89.10%) 846,530 58.49 - 59.78 103,600 (10.90%) 7 (50.00%)
10-15% (61.90%) 13 (28.43%) 480,200 58.23 - 60.34 1,208,865 (71.57%) 8 (38.10%)
15-50% (100.00%) 3 (100.00%) 947,324 57.49 - 60.34 0 (0.00%) 0 (0.00%)
50-100% (100.00%) 6 (100.00%) 230,020 57.20 - 60.34 0 (0.00%) 0 (0.00%)
100%- (0.00%) 0 (0.00%) 0 57.20 - 60.40 4,000 (100.00%) 1 (100.00%)
Buy orders Sell orders
Num(%) Num Vol(%) Vol VWAP Vol Vol(%) Num Num(%)
1% (35.90%) 14 (59.39%) 3,990,882 58.77 - 59.52 2,728,619 (40.61%) 25 (64.10%)
5% (30.77%) 16 (46.02%) 4,469,086 58.71 - 59.75 5,242,219 (53.98%) 36 (69.23%)
10% (34.85%) 23 (49.86%) 5,315,616 58.49 - 59.78 5,345,819 (50.14%) 43 (65.15%)
15% (41.38%) 36 (46.93%) 5,795,816 58.23 - 60.34 6,554,684 (53.07%) 51 (58.62%)
50% (43.33%) 39 (50.71%) 6,743,140 57.49 - 60.34 6,554,684 (49.29%) 51 (56.67%)
100% (46.88%) 45 (51.55%) 6,973,160 57.20 - 60.34 6,554,684 (48.45%) 51 (53.13%)
all (46.39%) 45 (51.53%) 6,973,160 57.20 - 60.40 6,558,684 (48.47%) 52 (53.61%)
0-1% (35.90%) 14 (59.39%) 3,990,882 58.77 - 59.52 2,728,619 (40.61%) 25 (64.10%)
1-5% (15.38%) 2 (15.98%) 478,204 58.71 - 59.75 2,513,600 (84.02%) 11 (84.62%)
5-10% (50.00%) 7 (89.10%) 846,530 58.49 - 59.78 103,600 (10.90%) 7 (50.00%)
10-15% (61.90%) 13 (28.43%) 480,200 58.23 - 60.34 1,208,865 (71.57%) 8 (38.10%)
15-50% (100.00%) 3 (100.00%) 947,324 57.49 - 60.34 0 (0.00%) 0 (0.00%)
50-100% (100.00%) 6 (100.00%) 230,020 57.20 - 60.34 0 (0.00%) 0 (0.00%)
100%- (0.00%) 0 (0.00%) 0 57.20 - 60.40 4,000 (100.00%) 1 (100.00%)
ainsoph - 23 May 2003 13:48 - 495 of 498
Charles Stanley reiterates its buy rating for Vodafone
ainsoph - 24 May 2003 10:38 - 496 of 498
Huge volumes again and touching the 60p resistence ..... need news or market swing
ains
FT - Mobile phone company MMO2 continued to rally on the back of Wednesday's strong results, adding a further 3.9 per cent at 59.75p, a 12-month high. The unexpected reduction in MMO2's net debt to 549m was particularly warmly welcomed.
"There is a confidence about how the company is trading, cost-cutting and positive earnings momentum came together in the results," said Christian Maher at Investec Securities. "People expected to see net cash outflow, but they actually made progress in cutting net debt."
ains
FT - Mobile phone company MMO2 continued to rally on the back of Wednesday's strong results, adding a further 3.9 per cent at 59.75p, a 12-month high. The unexpected reduction in MMO2's net debt to 549m was particularly warmly welcomed.
"There is a confidence about how the company is trading, cost-cutting and positive earnings momentum came together in the results," said Christian Maher at Investec Securities. "People expected to see net cash outflow, but they actually made progress in cutting net debt."
ainsoph - 25 May 2003 10:12 - 497 of 498
The 3G bubble is finally pricked M F in the S Telegraph
(Filed: 25/05/2003)
mm02 has written off a staggering 6bn of its investment in third generation mobile technology. Will Vodafone follow suit? Mary Fagan reports
(Filed: 25/05/2003)
mm02 has written off a staggering 6bn of its investment in third generation mobile technology. Will Vodafone follow suit? Mary Fagan reports
stv
- 27 May 2003 12:34
- 498 of 498
L2 OOM & VOD? Once again lost out not offloading. Did you offload & at what price?
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