Whats going on at Thus? Nearly six million protected sell at the end of today.
Any ideas??

ellia
Must be lots of us out here, although at the moment I am out of the stock, which is usually an indicator for the stock to rise. That 5+ million 'P' deal today did not seem to have much effect today on the MM's. My view is that THUS could weaken further before trading update on the 31st March but there again that probably means that the stock is due to rise.
By the way we do have another thread on THUS but that seems have dissapeared into the distance, perhaps this one will maintain more interest.
Regards
I hope to get back in THUS very soon
optomistic

Opinion divided over the road but quite a few think that big trade was a buy.

Some good news this morning


RNS Number:6552W
Thus Group PLC
18 March 2004




THUS WINS 42 MILLION LOCAL AUTHORITY TELECOMS CONTRACT

18 MARCH 2004 - THUS Group plc, one of the UK's leading providers of voice,
data, Internet and contact centre services, today announced it has been selected
by Glasgow City Council as preferred bidder for a 42 million contract to
upgrade and replace the council's communications network infrastructure.

THUS emerged successful after a nine-month long tendering process and the
Glasgow City Council project team described THUS as producing the most
'innovative and strategic' tender. Twenty nine organisations expressed interest
in the contract and THUS was chosen ahead of NTL and BT in the final rounds of
bidding.

Bill Allan, chief executive officer of THUS, said: "We are absolutely delighted
to have been selected as preferred bidder for a contract that is vitally
important to one of the UK's largest local authorities.

"We are particularly pleased that Glasgow City Council made it clear that we won
this contract on the basis of our quality and service innovation capability.
THUS is in a strong position to offer significant investment in upgrading the
council's network from existing technology to a fully converged Internet
Protocol network.

"THUS has invested in one of the UK's most advanced telecommunication networks.
The success of this bid is a reflection of that investment and our ongoing
commitment to service quality and product innovation. We have an increasingly
strong reputation for delivering high quality solutions to UK business,
government and the public sector."

This contract with Glasgow City Council will run for six years with a further
two-year option. It will underpin the Council's 'Access Glasgow' programme,
which is dedicated to using technology to enhance delivery of public services.
As part of this programme, the Council's network will need to deliver increased
data and voice services, Internet and video to 400 offices and centres.. THUS
Plc is committed to Glasgow and the implementation of this strategically
important investment in the City's future."

Councillor Ruth Simpson, Convener of Glasgow City Council's Financial Services
Committee, said: "The continuing advances in technology present major challenges
to the Council. We strive to invest wisely to ensure that the Council remains an
effective, efficient and modern organisation. This latest investment forms a
strategic foundation for our Access Glasgow strategy and our efforts to meet the
government's e-government agenda. Investments such as this will all help to make
it easier for the people of Glasgow to contact the Council."

As a long term holder of Thus Iam not too concerned about small blips in the share price
This time last year they were 10p
Looking forward to another good year. Trading statement due on 29th March

Rampage.

I would have to agree. I'm a long term holder and think that the good news this morning only proves my point, that it's a sound investment! I bought a further 10,000 at the beginning of March @ 36.75. Just wished I had waited a little longer. Never mind though, I'll make it back - and more!

Nice Trading Statement
Good start to the day and week!

Good - want to see Thus back up there

are thus shares a good bet in the lead up to results? all statements sound quite bullish, im thinking thus might be one to rise .

Been fond of THUS for some while and made some good money trading the stock. I am out at the moment encouraged somewhat by Croc advising to short the stock and he was looking for a 20% retracement. He was not far out in price but no timescale or reason was given which would have given some strength to his prediction.
As for the trading statement it told us no more than we already knew except of course the potential 10% increase in turnover, which did not tell us where the turnover is to come from, i.e. is it from low profit wholesale income which will produce little gain to the bottom line or is it from good percentage profit income from good contracts?
I would like to hear lots of opinions on THUS but until I am convinced on the fundamentals I am going to make my investment decisions on THUS purely on T.A.
Rgds
optomistic

I went in Thus at 9.7 last April came out at 37p beging of feb thinking of getting in again.

sitting tight on this baby...."May the 4th be with you all"

Seems to me that the THUS clan are few in number on Mam, quite surprising really as it has been a good trading stock over the last few months, with exception to the last few weeks, and investors holding continually from the 9p upwards days have been well rewarded.
Todays trading range has been very tight and 'dare I say it' IMO I think that todays price could be a major support level for the next 3 weeks to the results.
To back my views I reentered THUS today @ 32.44p and now am travelling hopefully once again.
lots of luck
opto

opto
seems i joined you, 4th re-entry since 15.48 this time at 32.27. thus far it's not been a bad litle earner.Hope you enjoy the ride as much as the pun good luck to all. DM

Fingers crossed for the next 3 weeks - getting rather frustrated now as I entered at 29 and saw it go up and now hovering. Good luck - I see it going up medium term

Now see what you've done! You're the ones to blame. As soon as you've bought, the price drops. Let me know what you plan to buy next guys, give me a chance to get out first. LOL.
Seriously, today's little bout of jitters shouldn't last long and the run up to results will resume.

Thus was tipped to reach 45p a couple of weeks ago

Hello hyleo98
Who predicted 45p? At this point I would mention that I am not critisising your post in any way as I am of the same view, 45p is IMHO clearly obtainable otherwise I would have not made my recent purchase. Do however give more info as to who made this prediction and of course any further details.
This week has I am sure been a dissapointment to you if you are a THUS holder as the share price has dodged around 32p with none of the optimistically expected advancement after the trading update.
However let us not forget that many traders have been protecting their profits with stop losses set around 32p and others activating buy orders around 31p+ and I am sure that when the price drops, or is driven below its support level, which I believe to be around 31/32p surlus stock is picked up by the MM's who I am sure are fully aware of the value of THUS.
Let's be patient for a day or week or two and I am sure that we will be well rewarded.
Rgds
opto

is this the turning point for THUS????
Are we about to witness "The Great Escape".....Come on the 40p+.......

Good luck ALL


xxxxxxxx

I am holding from 36.75p, yes it's a little frustrating but I do think their long term prospects are very good, the announcement that they were cash flow positive early was good and I look forward to them becoming profitable. So, long term hold. And every time I say this I end up selling because the stock starts to move the wrong way. So if I've given it the kiss of death can I apologise in advance!

No need for apologies SC
Thus really is on the right track to reward patient shareholders whatever shorterm fluctuations may occur
As with 2003, this year is going to be good also
IMOH