i was wondering if anyone out there had any strong views? this company appears to be delivering and has just turned EBITA positive after a great trading statement last week. seems like upside to +200p once results are out.

any comments or thoughts would be appreciated.

Good morning,
I have been away all this week haven't been watching ESY but it seems like there has been a bit of news at long last!!

No trades this morning, just waiting for that boom!!

you bet....hopefully the bounce is clear to go very soon...

For you ESY holders:

Easynet Group PLC
4 November 2004



Letter to Easynet Group PLC

EASYNET GROUP PLC
DISCLOSURE UNDER SECTION 198-202 UK COMPANIES ACT 1985 (as amended)

Further to our letter of 30 September, 2004, and in accordance with Sections
198-202 of the Companies Act 1985, we write on behalf of Deutsche Bank AG, to
inform you that, on the basis that the relevant issued share capital of your
company is 119,752,938 ordinary shares, Deutsche Bank AG and its subsidiary
companies have a notifiable interest in the shares of 14.60%. The total interest
is in 17,482,417 shares registered in the names and in the amounts as set out in
the attached Schedule.

Companies within the Group acting as Fund Managers hold some of the shares on
behalf of a number of clients whose portfolios are managed on a discretionary
basis.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany, of which
Deutsche Bank AG London is a branch.


From DEUTSCHE BANK AG LONDON


EASYNET GROUP PLC
SCHEDULE

EASYNET GROUP PLC
0.04 ORDINARY SHARES


Held as Principal No of Shares
Deutsche Bank AG London 2,091,495

Held in Client Portfolios
Bank of New York Nominees 810,000
DWS Investment GmbH 1,700,000
State Street Nominees 12,880,922

TOTAL 17,482,417

03 November, 2004




This information is provided by RNS
The company news service from the London Stock Exchange

cheers sir. i was about to post it myself. welcome to the wonderful world of ESY
gavdfc!

14.60% of the shares, up from 13.80%

A small amount of the massive 1 day spike of trading went to them, I wonder where the rest went?

i am wondering to, must be to sub 3% holders at the moment. the good news is that the shareholing is becomh more diverse.

Looks like another bad day for ESY. I thought a bit of news may turn ESY around last week, all we seem to be doing is waiting!!! Have you heard any information Proptrade??

inflection point???? good volume the last two days, waiting for momentum to build and next stop 100p

tried to add to my position (spreadbet) and wasn't permitted because the spreadbet house was maxed out on their position...bodes well!

ok, big seller out of the way (again). hopefully that is the last of them. looking forward to continuing momentum tomorrow. nice price action today.

Proptrade - Let's hope we can sustain the momentum this time, up 5% so far today ....had many false dawns with this stock in recent months

i know. i talked of inflection a few days ago but with a big print hopefully clearing a seller yesterday and the now two day rise, we may be out of the wood and that inflection has been registeres. keep the faith!

nice price action today...

if i didn't know better i would say these were in play!

anyone else watching!

you betcha!

I hope all this activity is not the precursor to a bid, any predator would get them cheap with the share price at these levels.



capa

anything that puts these in play is good news....

Prop,

Perhaps this article gave you all a boost today.

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=70156

It's a Citywire article, part of the paid for part of the site so I won't copy and paste it. Only reason I could read it is that they are allowing free access to all the site until january I think. Worth you Esy holders reading it.

Talks about Andrew Green adding 645000 shares to his unit trusts holding, now 2.9m, 2.4% of the company.

Cheers

Gav

gavdfc

Thank you so much for this. It does indeed make good reading and bolsters the point I have been banging on about for ages.

3 days of continued momentum. inflection point confirmed. chart wise this looks set to be 100p in a short space of time.

Since it is on the free part of their site i will cut and paste below for those who don't want to spend seven seconds and register...

Rgds
Prop

Green buys Easynet
Published: 14:30 Tuesday 23 November 2004 < PREV | 1 | 2 | NEXT > TOTAL PAGES: 2
By Algernon Craig Hall, Secret Buying Correspondent Printable Version

Recovery expert Andrew Green, who has a Citywire AA-rating, has added to his holding in Easynet as the telecoms company edges its way towards profitability

In recent weeks Green has picked up 645,000 shares in Easynet to take his unit trust's holding to 2.9 million or 2.4% of the 80 million company.

Easynet believes it will be free cash flow positive in the second quarter of next year, which means it would be generating enough cash to fund the ongoing needs of the business.

It also hopes to be to be trading profitably by the end of 2005, although it is still expected to report a loss for the year as a whole.

It expects to make this progress despite pricing pressures for the telecoms industry as a whole and slow growth in the sector.

Easynet's ambitions should be aided by demands last week from Ofcom that BT should give its competitors equal access to its network.

Easynet has recently benefited from strong demand from the corporate market. It has aggressively made inroads into BT exchanges, which means it is able to offer a wider range and more innovative services to its clients and as a consequence is able to charge more.

The strategy of going into BT exchanges is costly but should receive some vindication if the company's targets are met. The trouble is that until the company does reach profitability the market may continue to struggle to put a valuation on the shares which are today flat at 67p, down from a 155p high in March.

< PREV | 1 | 2 | NEXT > TOTAL PAGES: 2