It seems THE Colt could be on its way back from yet another Year Low .

The stock is now at a very vunerable level at market cap level of only 500million -

My own opinion and that of other investors is great time to tuck away as a recovery from the present lows looks set to start...

What goes down must come up...

France Telecom still looks set to the main bidder though CABLE and Wireless is another contender named...

DYOR AS ALWAYS AND HAVE SAFE INVESTING ON YOUR MIND...jULES99

60-80p is the comeback target...

In the Daily Mail today.....

CONFIDENT COLT
COLT Telecom's new bossinsisted its largest shareholder had no plans to sell out. 'There is no end game for (58% owner) Fidelity' Jean-Yves Charlier said. He will cut costs by trebling Indian call centre to 600. Losses fell 12 % year-on-year to 31.5m after early debt repayment. Sales edged up 3pc to 304m.

OK who bought 1,000,000 @ 40p?

looks cheap now

Directors recently Bought up 500,000 shares at 44p...!

I did the same but not as much....

One can only wish..!!!

Not a bad sign IMHO.

Will rise back no doubts on my side...

The patience will pay-off as always..

COLT Was down this morning , but reversing to Positive, short term rally back to 49p is my target this time round. Above 49p would see it hit 55p benchmark level..

Kpatience pays eventually...!

jules99 keep well and have fun...

DYOR..

Also take a good look at ESY (see thread) now today 67p at (year low) despite recent more encouraging customer news and positive trading statements. Should exceed forecasts and outperform sector.

appears to be rowing around 42-44p mark last few days -now at 43p, needs to break past the 45p before spurring north.

Worth the wait - 49p target remains...
jules99

Regulatory Announcement

Go to market news section

Company Colt Telecom Group PLC
TIDM CTM
Headline Holding(s) in Company
Released 11:33 01-Nov-04
Number 6886E



RNS Number:6886E
Colt Telecom Group PLC
01 November 2004


SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES


All relevant boxes should be completed in block capital letters.

-----------------------------------------------------------------------------------------------
1. Name of company 2. Name of shareholder having a major
interest

COLT Telecom Group plc Fidelity International Limited

-----------------------------------------------------------------------------------------------
3. Please state whether notification 4. Name of the registered holder(s) and, if
indicates that it is in respect of more than one holder, the number of shares
holding of the shareholder named in 2 held by each of them
above or in respect of a non-beneficial
interest or in the case of an
individual holder if it is a holding of
that person's spouse or children under Fidelity International Limited
the age of 18

-----------------------------------------------------------------------------------------------
5. Number of shares 6. Percentage of 7. Number of shares/ 8. Percentage of
/amount of stock issued class (any amount of stock issued class
acquired treasury shares disposed (any treasury
held by company shares held by
1,000,000 should not be company should
taken into not be taken
account when into account
calculating when calculating
percentage) percentage)

0.066%
-----------------------------------------------------------------------------------------------
9. Class of security 10. Date of 11. Date company
transaction informed
Ordinary 28th October 2004 29th October
2004
-----------------------------------------------------------------------------------------------
12. Total holding following this 13. Total percentage holding of issued class
notification following this notification (any
treasury shares held by company should
not be taken into account when
calculating percentage)

105,841,957 7.005%
-----------------------------------------------------------------------------------------------
14. Any additional information 15. Name of contact and telephone number for
queries

Adrian Goodenough
020 7947 1677
-----------------------------------------------------------------------------------------------
16. Name and signature of authorised company official
responsible for making this notification
Adrian Goodenough


Date of notification 1st November 2004
-----------------------------------------------------------------------------------------------


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

END

Push it up to 50p folks and I might be interested.

proptrade - why Easynet? The price is falling.

Looks cheap now...a medium term hold

could be grand day for COLT today - Dow was up a whopping 177 points...!!

It appears there aren't that many on this board who hold or follow Colt (CTM) - ???

To those not familiar, A while back - I suggested Matalan, Marks and Spencer, and more recently on Moneyam -BB that Compass Group would make a comeback....AND They HAVE..!

A Few Reasons I beleive Colt will also make a major comeback :

-Colt remains financially strong with Cash and liquid resources
of close to 700m

-Consolidation in Sector: Predators such as France Telecom is seeking aquisitions - Colt could be one of it's targets

-Free Cash Flow Positive: Colt remains very much on track to be "free cash flow positive" on a sustainable basis during 2005.

-Leader: Strong Customer Base Industry Leading Customer service

-Turnover: of over 300m a year - (not talking small potatoes...)

-Losses now just reduced to 35m.
-In 2001= -360m
-In 2002= -718.2m
-In 2003= -124.6m
-In 2004= -34.5M...!
-In 2005= ????

-Improving Revenues and Continuous Development of new products

-Has survived the worst periods within the telecom sector 2000-2003 -many companies went bust

-Appointment of Jean Yves Charlier - as President and CEO.

-Recent BUYS of 500,000 and 100,000 shares in the past few weeks suggest further confidence by Directors within.

Furthermore Over Sold and a steal IMHO -but not forever...

You read it first - Jules says ALWAYS DO YOUR OWN RESEARCH FOLKS...

Enjoy the evening...and keep smiling !

JULES99....

recently bought 20 grand of colt,surpising how its moving north,major buys every day...cud double people.mind da language.http://colt

ismf4eel/jj50...at last some feedback...

If you recall Colt : Colt rises on Takeover Hopes-LSE Report/Reuters - June 9th - 2004

Shares in Britains Colt rose to from 66p - 89p on speculation that France Telecom (Paris FR0000133308 news) or Cable n Wireless might be mulling a takeover.

Alternative carriers like COLT (CTM) if a target could well double from here again, market capitalisation is seriously low at these levels, ISM4EEL, you could well see great action if speculation arises again...

The futures bright...thats all i can add..
nite all..
Jules99..

On the Up at long last...
Now 44.75 -45p to buy...

Need to check volumes for further signs of buyers....

colt was positive 2day in a failing market ..if it holds its gains tomorrow,then onwards and upwards....crucially its broken past the 45p barrier,its value is peanuts compared to its peers,commonsense will prevail,theres only so much quality out there..colthttp://colt

Colt rising again with (CABLE wIRELESS) Telecoms Sector in demand again...

Keep watching target to break 49p barrier

colt looks very strong,3 new products launched 2day..
its gonna get consumer confidence back...http://colt

http://www.colt.net/