I am a trader as well as an investor and hopefully this thread will reflect both aspects ....

We should start by saying this is a highly speculative share and the market takes no prisoners.

Over the last 18 months I made lots twice in the early days - then lost it back - bought a million at 2.6p average - founded the TAG - bought another half a million or so at sub 1p - sold most at average 4.25 - bought back at 2.2p and less - sold most at 3.5p and now buying back - overall a good net profit at this time.

I think the d4e will happen (say 90% chance) and the 3% currently talked about will give or should give a price equating to say 3/5p. Longer term on succcess of d4e and progress in the sales market the shares should move to around 10p - assumming markets are not in freefall.

I am looking to buy at any time and hoping for a war generated dip - when I do I will let you know.

The TAG site is a great place for catching up on the TWT news and I will post here as well.

Currently trading on TWT is light (1.7 million traded) and the price is down a littlw with a wide spread (2.01/2.35p). This is a sets share and you must expect a crtain amount of manipulation in these troubled times - FTSE down over 4% intraday

I have a core holding of at least half a million shares and intend to be a long term investor at this time.


ainsoph


http://www.investoraction.co.uk - currently we have 804 registered members holding around 100 million shares in total

Why would a short close after hours ?. Can they not just close their position during normal hours.

Also,

If this is a short closing does this mean there might be some good news on the way ?.

Sorry to add again, but if it was a rollover dont they have to show as late trade? ie 'L' and not an ordinary.

Its just that the two trades are within seconds and at a marginally different price.


I think news of d4e is going to take a while yet


ains

I thought I was a customer, not a bloody punter!!!

Communications /Data services /News


Telewest takes home broadband to 2Mbps
By Dinah Greek [12-05-2003]
Faster service starts at 10 blueys a month




Cable firm Telewest launched its 2Mbps home broadband internet service today after a month-long trial.
The firm signed up 1,500 of its 1Mbps users for a pilot phase last month to evaluate interest, but admitted that it didn't expect the service to be snapped up by its mainstream customers.

Telewest said that over 30,000 of its 310,000 broadband customers had migrated from a 512Kbps to a 1Mbps service, and that feedback from the trial suggested that offering the 2Mbps service will prove viable.

"During the 1Mbps trial and then the 2Mbps trial we have seen that there is a need for speed," said a Telewest spokeswoman.

"But the 2Mbps service is aimed more at heavy users, such as gamers or people who work from home and could need faster services."

The 2Mbps service will cost 50 per month if users have one or more of Telewest's other services, such as digital TV or telephone. Otherwise it will cost 54.99 per month.

Telewest explained that its current broadband customers can upgrade to the new service at its blueyonder website for no extra cost.

Telewest goes live with 2Mb service
By Tim Richardson
Posted: 12/05/2003 at 08:33 GMT


Telewest has launched its 2Mb broadband service following a trial of 1,500 of its blueyonder punters.

The service costs from 50 a month.

Said Chad Raube, director of Internet services at Telewest Broadband: "While BT and other major ADSL providers offer a one-size-fits-all service, we recognise people have different needs and provide a menu of cable services to suit.

The cableco claims eight out of ten of its 2Mb triallists said the service had met or exceeded their expectations.

The trial caused a stampede in March among punters eager to get their hands on the service.

Interview with Charles Burdick

Is Telewest fully funded?

Q.
So you are saying in these results, are you, that your business is now fully funded through to break-even.

A.
Yes, thats exactly what we are saying, we put in a bank facility last March that gives us flexibility for up to 2.25bn and that should see us through cash flow break-even.

Q.
So when will we see break-even?

A.
Most analysts expect break-even to be the end of 2003 early 2004 and were comfortable with those forecasts.

Better mention, that interview was carried out in August 2001!

Shagnasty - Tag was designed by Acelogic, who unfortunately did not back up the TAG site. As a result it's a goner.
Apparently, he has sold off his TWT interests & as such is no longer concerned over this company.
It is a shame as a number of us were working in the background, using private messaging to keep in touch. Sadly most of the contacts & info have gone.
Doesn't mean a few of us are not active though!

Ains,

Love the weekly MACD Zero cross chart looks good to me:-

The share price seems very confident at this time - I keep waiting on a dip to buy a few more but it just doesn't come.

The new broadband service is going to be a hit and presumably most of the extra income goes straight to the bottom line. A guy I know was raving over the idea he could download a 100mb files in just a few minutes.



ains

Clouds On The Horizon For BSkyB

By David Kuo (TMFDragon)
May 13, 2003



BSkyB (LSE: BSY)(NYSE: BSY) must be doing something right to achieve its fourth consecutive quarter of net profit and third uninterrupted quarter of improving revenues. In the third-quarter, the satellite broadcaster posted a bottom-line profit of 17m compared to a loss of 31m last time. Revenues rose to 819m, up 17% from the same period last year.

The company has also attracted a further 150,000 Direct-To-Home (DTH) customers, taking its viewer base to 6.7m subscribers. In addition to those DTH customers, BSkyB also reckons that one or more Sky channels are now distributed to 12m homes in the UK and Ireland. This is through its partnerships with cable and digital terrestrial operators.

BSkyB's much improved performance can be attributed, in part, to the lack of market penetration by its debt-laden cable rivals, NTL and Telewest (LSE: TWT). This has allowed BSkyB to retain more of its customers as evidenced by the 9% reduction in churn.

The other contributing factor to BSkyB's improved performance is its high operational gearing. The company runs on relatively low margins but even small improvements to turnover can have a very large effect on profits. In this quarter a 16% increase in turnover more than cancelled out the 8% rise in operating costs. This helped the company post a doubling of operating earnings to 123m.

However, high operational gearing can be a double-edged sword. Any absence of turnover growth coupled with, say, poor cost control could impact profits dramatically the other way.

BSkyB said today that it was "comfortably" on target to achieve its objective of 7m subscribers by the end of 2003. The company's confidence suggests that profit growth is relatively secure for at least the next two quarters. Beyond that, though, the picture becomes a bit murkier.

There are still around 15m homes that have not been converted to BSkyB. The key for the company will be to convince those households of the merits of its multi-channel service. That will not be easy given that Freeview, already installed in 1.4m homes, is expected to grow much faster.

It is estimated that Freeview could be installed in as many as 5m homes by 2005. If that proves true then further profit growth at BSkyB will be that much more difficult to achieve and its market valuation of 13b will look pie in the sky.

Broadband deal hooks up 200 schools
By Rachel Fielding [13-05-2003]
Authority signs 10Mbps internet access deal with Telewest




Education Bradford has invested 2.5m in a five-year deal with Telewest to supply its 203 schools in the region with high-speed internet access.
The education authority has opted out of the government's broadband consortium, believing that it can get better value for money and a faster connection through extending its current deal with Telewest.

The telco is providing a 10Mbps fibre connection to the schools, replacing its own Frame Relay circuits which ran at 64Kbps, 128Kbps and 2Mbps.

The deal gives schools in the region more bandwidth than suggested by government guidelines on bandwidth in schools, which Education Bradford believes are inadequate.

The Department for Education and Skills (DfES) guidelines recommend a 2Mbps synchronous connection for primary schools and an 8Mbps synchronous connection for secondary schools. The government wants all schools connected to the internet by 2006.

Mark Chambers, ICT curriculum development manager at Education Bradford, told vnunet.com: "Schools are clamouring for bandwidth, and anything that delays lessons and gets in the way of learning is something I want to get rid of. All kids deserve this fast access."

Eighty-five of the 203 schools are already connected. "This is an ongoing project," said Chambers. "Developing and purchasing content is the next step."

The network will enable students to access the internet and email, as well as web-based education resources.

As part of the deal, Websense is providing internet filtering software and Synetrix is offering helpdesk and configuration support.

Chambers admitted that it is too early to gauge whether the provision of high speed internet access is likely to have a positive impact on the effectiveness of learning.

"But we're starting to see an impact because schools can use the latest software and industry learning programmes," he said.

AINS,

You follow Telewest quite closely, when is the next big results or restructuring update planned?

What was latest on NTL talks?

Cheers

Ash

Hi Ashley

Next quarter results are in early August but the next likely comment will come at the AGM scheduled for the 12th June.

Although I believe low level talks of possible m+a with ntl have taken place I think it unlikely they will be seriously progressed until the d4e is settled. I do think there will be more cooperation in terms of joint promotion/advertising/marketing



ains

Ains,

Thanks so next real news time 12th June 2003 probably, reason I ask is on 5 min MACD turned up and on hourly turned up from zero this morning.

On daily Bollinger Bands seem to be tightenning and it has broken 50% RSI with burst to 2.29p earlier

Volume is however non existant.

Interesting ..... not the low volumes this morning at 569k in 2 and a half hours ... ssers tends to distort tthe picture early in the ay especially when its quiet. I usually track sets but trade off the order book for better prices

I am looking to add and waiting on a dip - alerts set at 210 on the offer


ains

This is good news although not unexpected ..... spreads are wide at this time and vols still low at just over a milion traded

Note NTL are not included


ains




Six firms named as Govt BB suppliers
By Tim Richardson
Posted: 14/05/2003 at 09:04 GMT


Six companies have been chosen to supply broadband services, kit and consultancy to the public sector.

BT, Easynet, Fujitsu, Kingston, Synetrix and Telewest have all been selected by the Government's procurement outfit, the Office of Government Commerce (OGC), as part of its Broadband Solutions Framework Agreement.

In essence, the "framework agreement" has been set up to help public sector bodies jump on the broadband bandwagon by using companies already vetted by the OGC.

Said OGC boss Peter Gershon in a statement: "This new arrangement will be of major benefit to those government departments who are seeking to develop the use of Broadband.

"It reduces the time and effort required in sourcing broadband products by offering quality goods and services at value for money prices without the need for separate tendering processes."

14 May 2003 11:39 BST

NTL Q1 core earnings in line with forecast

LONDON, May 14 (Reuters) - Britain's largest cable company NTL reported on Wednesday core earnings just ahead of its own forecast and said it had added 27,100 net new customers in the first quarter.
Earnings before interest, tax, depreciation and amortisation were 156.5 million pounds ($253 million) in the three months to the end of March, compared with the company's own forecast of 155 million and a fourth quarter figure of 166 million. Turnover was 546.6 million pounds.