Corporate Web Site : http://www.vykecorporate.com

Product Web Site 1 : http://www.vyke.com

Product Web Site 2 : http://www.vykedirect.com

Vyke Communications plc is a leading Voice over Internet Protocol ("VoIP") service provider with a focus on mobile applications.

Formed in 2004 and expanding via organic and acquisition-based growth, Vyke's key competitive edge is based on the following technology and expertise:

VoIP based communication systems
Mobile handset technology
Wholesale carrier network management

The Vyke suite of IP-enabled services combines this key technology and expertise to provide innovative, low cost and high quality consumer services that build on the foundation provided by Vyke's vertically integrated VoIP communications network. It provides the following services for any individual or business from a single integrated platform:

Mobile VoIP (VoIP directly from the mobile phone)
PC and device based VoIP services
Mobile messaging
Mobile call back services

Vyke's aim is to become one of the world's largest independent mobile VoIP service providers.

From Daniel Stewart today :

VYKE - BUY
Price: 75.5p Target price: 500p
Code: VYKE.L Analyst: Mike Jeremy | 020 7776 6570

1Q07 customer numbers at 1.74m, ahead of our outlook

Vyke reported 1.743m customers* at March 31st 2008, 34% above the 1.303m registered at the end of 2007 (+226% YoY), implying a daily acquisition rate of 4,832. This run-rate is ahead of that required to meet our June 2008 target of 2.060m customers; indeed at a level we would not have expected until June 2009. (*A customer is defined as having topped-up the web-based account in the given quarter).

Call volume was particularly strong, at 8.5m minutes per week, compared to 4.15m/week in the previous quarter. Vyke registered 28.9m minutes of Vyke IP product calls in the quarter, up 55.6% on the 18.6m mins of 4Q07 (+129% YoY).
As a result (net) IP-based revenue at $15.1m was 51% above 4Q07 levels ($9.98m) indicating that customers are actively using their Vyke mobile IP accounts.

Overall, these three key metrics ~ IP customer numbers, call volume, and call value ~ all point towards strong growth momentum, indeed at a rate which is currently ahead of levels required to meet our FY08 expectations. Our valuation, based on Vyke reaching 7.0m IP accounts by 2010, remains 500p. Buy.

i think they have put at least one extra zero too many in the forecast .... certainly the market took a similarly sceptical view

I'm keeping away from Vyke for now as it proved very volatile before, though I made a good profit on this a few months back.

This from today's Times - maybe I'll get back in again some time soon; they keep promoting it:

Tiddler to watch
Vyke Communications, the provider of internet calls over mobiles, down 3p at 72p, has unveiled at an investor conference its Vyke Air product for connecting to wi-fi hot spots. Charles Stanley reiterated its buy advice with a 190p price target. Vyke is signing up 4,200 customers a day, more than expected.

Yes, it's looking good although everytime I see broker buy recs. and targets of 1.9 s to 5 the sp goes down ! anyway it's good time to get in before it turns round and shoots up and when it does it could be quick (imho)
I'm continuing to hold and may buy more at these levels

Yes I'm in this. Sitting on a loss at the moment but it keeps getting good write- ups.

Question is, when will the sp respond?

When will VYKE become profit making?

Sounds sensible but not really an answer.

If you took out all the loss making companies out of the stock market, there wouldn't be a great deal left, particularly Aim and small cap.

This IMO will rocket but not until the market conditions improve.
Let's just hope nothing goes amiss with the cy until then.

If a company is proprely managed the directors should be able to estimate at least next years earnings and overheads and thus produce a profit/loss forecast. Too many smaller companies are afraid to do this in case it affects the sp. and as a result impact on the value of directors share options.

I don't disagree but think it's more to do with keeping their jobs.

As somebody that trades the market, the point I'm making is the stock market will not value the sp of all these cy's as 0p so assuming they stay listed they remain tradable.

Cheer up chaps ! final results may be due next week ! (released 4th June last yr)

Could do with something to shift the price northwards but there again you could say that about everything atm!

Some buying today final results for 2007 nearly overdue? Any news?

Almost forgotten about this company. It has been tossed aside by the market, stuck in a drawer and left to rot.

Yes, and in the meantime I've a paper loss of 50% on my original buy price.. so I'm looking for a positive re-action to a positive RNS, shortly !

Difficult to contact the company as they only seem to have a token registered office in London.

about 45% paper loss in my case!

Don't want to speak too soon but...it looks as though we may have bottomed out sp is beginning to rise ?

Unless the market crashes again and this goes with it every time.

Nothing like being positive!

Their final results for the year ended 31/12/07 will probably show a loss but hopefully the company may be currently trading profitably.