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TeleWest for Recovery (TWT)     

ainsoph - 27 Jan 2003 10:45

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

Andyble - 24 Jul 2003 17:14 - 393 of 396

Anyone believe the recent Times story that shareholders may get warrants on 3% rather than a straight 3%? The press got MONI right re their D4E and I wonder if we are seeing more of the same. Warrants would be worth next to nothing, whereas a straight 3% may double the current price, so the market looks like it is betting on a 50/50 chance of either. What I am finding curious though is that I am inclined to believe the Times, yet SETS has been bid up recently with some interesting orders & trades. Not the action one would expect unless someone knows something - and I am sure plenty probably do. However, that said, MONI's last stages in the old was wholly illogical and the lesson there was not to read anything into what the market looked like it was saying. There was a total disconnect between reality and the market price for the old equity re the D4E. If the Times is right re TWT then even if it is just warrants then the market price may end up over valued simply because that's the way these things often settle out; eg to some extent retail trade. But, another way of reading all of this is that selected bondholders were just playing brinkmanship re the 3% and restructuring to achieve other ends - which they now seem to have got re Board positions - so could it be that they will now back off the detail and let what is already drafted through. Of course I am sitting on a stack of these and want to know how my bet is looking, but finding that difficult to do, and it looks like I can either jump now or risk either losing it all or doubling it. Anyone with any insight?

Andyble - 27 Jul 2003 18:15 - 394 of 396

Well, the Telegraph says that shareholders will get 1.5% which puts the value pretty much where the market is anyway. But, wouldn't be surprised if we saw a skip and a jump then trip over the next couple of weeks with this news, the results Thursday, etc.

xmortal - 02 Jan 2004 20:42 - 395 of 396

Hello all. It seems that this thread was almost forgotten.... I have been doing graph and TWT occured me. ITt seems that TELEWEST IS MOVING ON UP AGAIN. (You need to draw a graph using average movements - Could not copy and paste as the service is not currently working) I used a 20 day moving average, and it is going up and the 70 day is just beginning too. The price has been moving up steadily since early Dec. Although is early days, I think WE should keep a close eye. Any news, research is always welcome. Thanks

acaldin - 07 Apr 2006 12:27 - 396 of 396

congratulations you must be the new bill gates !
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