Anyone knows about the recent speculation of big contracts coming up at C&W ??? Would welcome any threads. Thanks.

UK's Cable & Wireless jumps on ABN AMRO optimism

LONDON, Dec 19 (Reuters) - British telecoms firm Cable & Wireless Plc topped the FTSE 100 (^FTSE - news) gainers list on Friday, recovering from a two-month low after C&W's house broker ABN AMRO (Amsterdam: AAH.AS - news) told clients the stock looked cheap.

C&W shares were up 5.3 percent at 133-1/4 pence by midday. Volume was heavy, with over 34 million shares changing hands, above the 90-day average volume of 29.6 million. Earlier in the week, C&W touched 123-1/4p, its lowest level since mid-October.

"Since C&W announced their U.S. exit the stock has drifted off around 10 percent and I think the main reason for that is people have been reducing beta in their portfolios towards the end of the year, but I do think the downside risk has minimalised," said ABN AMRO analyst Richard Eary.

"Even if the markets turn and look for low-beta stocks next year and go back to value plays, C&W should also come up on radar screens given its cash pile, low multiples and ability to increase the dividend side or potentially embark on share buy-backs," Eary added. He has an "add" rating on C&W, with a price target of 148p.

C&W shares have been the star performer of the blue-chip FTSE index in 2003. Friday's rise brings its increase in the year so far to a massive 196 percent. The next best gainer looks set to be mobile phone company mmO2 , up 74 percent at 77p since the beginning of January.

Reported as $1.1 Billion bid on Bloomberg. Should be interesting opening tomorrow!!

From 70p to almost 17 prior to Christmas this is a woeful business, still clinging to ideas of grandeur...
Can anyone remind me...are they still engaged in Buybacks....or is this issue of shares (and the one before it) something that Shareholders have great pleasure in reading about?
I have a few, but not further siluted, of course.

What would you do if you had 120k shares at 26p average?
Any suggestions?

RNS Number : 2649X

Vodafone Group Plc

13 February 2012

13 February 2012

RESPONSE TO PRESS SPECULATION

Vodafone notes the recent press speculation regarding Cable & Wireless Worldwide plc ("CWW").

Vodafone regularly reviews opportunities in the sector and confirms that it is in the very early stages of evaluating the merits of a potential offer for CWW. There is no certainty that an offer will be made nor as to the terms on which any offer might be made. Any offer, if made, will be in cash but Vodafone reserves the right to change the specie of consideration. A further announcement will be made in due course, if appropriate.

In accordance with Rule 2.6a of the Takeover Code, Vodafone is required to, by not later than 5pm on 13 March 2012, either announce a firm intention to make an offer in accordance with Rule 2.7 of the Takeover Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Takeover Code applies unless the Panel on Takeovers and Mergers has consented to an extension of this deadline.

- ends -

Still in auction - trades going through @27p - which is nice!

what price would be a fair T/o price? SP opened up 25% up but doesn't appear to be doing much. would consider an entry <25p but not mad it there yet.

Statement re. Press Comment - Amendment
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TIDMVOD TIDMCW.

RNS Number : 2834X

Vodafone Group Plc

13 February 2012

This replaces the announcement issued by Vodafone Group at 07:00 this morning under RNS Number 2649X. The date in paragraph 3 should read 12 March 2012 not 13 March 2012 as originally issued.

13 February 2012

RESPONSE TO PRESS SPECULATION (UPDATED)

Vodafone notes the recent press speculation regarding Cable & Wireless Worldwide plc ("CWW").

Vodafone regularly reviews opportunities in the sector and confirms that it is in the very early stages of evaluating the merits of a potential offer for CWW. There is no certainty that an offer will be made nor as to the terms on which any offer might be made. Any offer, if made, will be in cash but Vodafone reserves the right to change the specie of consideration. A further announcement will be made in due course, if appropriate.

In accordance with Rule 2.6a of the Takeover Code, Vodafone is required to, by not later than 5pm on 12 March 2012, either announce a firm intention to make an offer in accordance with Rule 2.7 of the Takeover Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Takeover Code applies unless the Panel on Takeovers and Mergers has consented to an extension of this deadline.

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I hold from 75p down to 18p. I am close to break-even now!

in at 24.85p will wait and see what unfolds.

How very fortuitous!

And now Legal and General.

RNS Number : 3145X

Cable & Wireless Worldwide PLC

13 February 2012

13 February 2012

STATEMENT IN RESPONSE TO ANNOUNCEMENT

BY Vodafone GROUP PLC

The Board of Cable & Wireless Worldwide plc ("C&W Worldwide") notes the announcement by Vodafone Group plc ("Vodafone") today that it is in the very early stages of evaluating the merits of a potential offer for C&W Worldwide.

The Board will make any further announcement as may be required in due course.

In accordance with Rule 2.10 of The City Code on Takeovers and Mergers, C&W Worldwide confirms that it has the following relevant securities in issue: 2,746,100,010 ordinary shares of 5 pence each (with International Securities Identification Number GB00B5WB0X89); and 2300 convertible bonds of GBP100,000 each due 2014 (with International Securities Identification Number XS0468712863).

A copy of this announcement will be available at www.cw.com. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.

- ends -

A bit of momentum now - +36.5%

In auction +39.7%

how far up will the SP go on news of poss T/o? is it worth top slicing and trading or better to just let it run?

I guess it depends on your own comfort zone.

am happy to hold but wondering if it would be better to trade. have only got a small punt on it

just thinking there might be a bit of a sell off at COB

Its hard to call - but its never wrong to take a profit.

top sliced at 28.89p 20% profit for day will look again tomorrow