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PNC Telecom - Big Gains on the Horizon for the Brave. (PTC)     

SueHelen - 13 Apr 2004 19:36

Final Results

For immediate release

21 September 2005

PNC Telecom PLC (the "Company")

Further trading update

In the six week period ended 16 September 2005, the Company's un-audited
management accounts show that sales amounted to 4,628,849 which generated
gross profit in excess of 160,000. The Directors estimate that administrative
expenses of the Company currently run at around 17,000 per month (including
Directors' remuneration which has now commenced).

The Board continues to recover monies which it believes were inappropriate
expenditure; a further 33,000 was received on 19 September 2005.

CHAIRMAN'S STATEMENT

Audited results for the year ended 31 March 2005

FINANCIAL RESULTS

The audited financial results for the year ended 31 March 2005 revealed an
operating loss of 458,000. The basic loss per share is 0.95p.

CHAIRMAN'S STATEMENT

Further to the publication of the audited accounts and my Chairmans statement
released on 6th June 2005, I am pleased to announce that the Company has now
profitably re-established its wholesale, distribution and trade finance
business in the telecoms TV, Video and DVD fields

The Company has raised 620,000 by way of two convertible loans which have
provided the much needed working capital.

The Directors now believe that the Company is in good shape to trade for the
year 2005/06.

L E V KNIFTON
Chairman

draw?startDate=13%2F04%2F04&period=1D&epdraw?showVolume=true&enableRSI=true&modedraw?startDate=13%2F04%2F99&period=5Y&ep

ptholden - 19 Aug 2005 10:21 - 41 of 71

Not sure why, but my Buy this morning hasn't been reported yet (have to check the NMS). Thought for a nasty moment I had made the same mistake as Baza. Phew!!

pth

bhunt1910 - 19 Aug 2005 16:56 - 42 of 71

I reckon that that is why the share price of PNC has suddenly started to go up - because there are lots of people buying the wrong share !!

Baza

Dil - 03 Sep 2005 00:00 - 43 of 71

Another SueHelen disaster .... so she changes here name and tries again !

PapalPower - 07 Sep 2005 13:29 - 44 of 71

We are going up again ! Must be news coming.

squidd - 07 Sep 2005 20:27 - 45 of 71

PpP: the sp is showing great resilience despite the dilution and hefty selling.
After re-reading earlier posts and your Nos 22 & 27 in particular, have started to build a stake, though finding the spread painful.
Have you noticed EPO.

PapalPower - 07 Sep 2005 23:44 - 46 of 71

squidd on EPO I see Man Financial were buying in the new shares, and a good rise today, whats the news ?

queen - 24 Oct 2005 10:10 - 47 of 71

no activity...but the price is holding up... leo knifton is involved...any comments

TheFrenchConnection - 24 Oct 2005 18:40 - 48 of 71

Amities / After digesting the various administrators various reports on PTC ( ex PNC telecom ) and some quite recently this is a company that certain directors used as thier own private company and hence virtually unaccountable for all fiscal matters. ....l researched this stock many years ago when it was suspended at about 340p while the takeover of KYC was finalised . That in itself was a disaster; and a deal which proved to be 20X true value ,,Dont worry about Joe . He got a good deal . A deal which 2 years later showed in PTC accounts as an amortisation of KYC of almost 95% ....Quite simply PNC telecom paid massively, and perhaps criminally, over the odds; and going on the behavoir of a number of past directors exactly who was up to what is hard to unravel- and more to the point - proove . With such a chequered history and with such hideous debt i suspect any monies made will go to those parties firs Jt .............@+ ,,,,,,

SueHelen - 24 Oct 2005 18:42 - 49 of 71

The picture should become clearer when the next set of results come out in November. The last trading update for six weeks in September was quite encouraging.

Convertible loan notes were issued at 1 pence....maybe the reason why the price is drifting to the 1 pence level again after touching 2 pence on the last trading update.

queen - 08 Nov 2005 09:55 - 50 of 71

bought this @ 0.95 3 mnths ago and sold out yesterday @ 1.42 lovely little profit.

squidd - 17 Nov 2005 10:08 - 51 of 71

Encouraging signs of life from PTC.

squidd - 20 Nov 2005 11:53 - 52 of 71

The entry into VoIP and the reverse takeover of SIM4Travel suggest to me that Joseph Case has dragged PTC out of the mire and back on the road; and he is also claiming to be trading profitably. No doubt there's still a big share overhang from earlier fundraising, which will help keep the sp down, but this to me looks like a very promising recovery stock and I'm adding to my holding.
sd.

JakNife - 21 Dec 2005 14:09 - 53 of 71

I think that you're possibly understaing the "big share overhang from earlier fundraising" point squidd.

At the moment there are only 143m shares in issue but under the terms of the convertible bond issue another 525m shares (ie more than 3.5 times the existing shares in issue) are due to be issued at a price of 0.1p each. These cheap shares will flood the market and are bound to pull the price down - materially.

squidd - 22 Dec 2005 05:15 - 54 of 71

JakNiife: Thanks for a timely warning; the charts are also telling me to dump these and get the proceeds behind the front runners. A case of keep pruning to promote growth.

PapalPower - 08 May 2006 12:25 - 55 of 71

Nice news when compared to the market cap.

Holding(s) in Company

FOR IMMEDIATE RELEASE 8 May 2006

PNC TELECOM PLC

("PNC" or "the Company")

Holding in Sim4Travel Limited ("S4T")

Further to the announcement on 13 February 2006 regarding the Company's holding
of 50,000,000 ordinary shares in S4T (the "Holding"), the Company today
announces that following the admission of S4T to Ofex on 5 May 2005, the
Holding is valued at 7.5 p per share, or 3,750,000.

In the light of recent industry changes, the Board has reviewed its handset
trading and decided to operate, in future, on a much more selective basis.
Shareholders will be updated in more detail at the time of the announcement of
the results for the year to 31 March 2006.

PNC Telecom Plc

hlyeo98 - 09 May 2006 07:15 - 56 of 71

This is a dodgy share with a bad history of directors swindling money from the company.

PapalPower - 09 May 2006 08:35 - 57 of 71

It is that hyleo, and also a lot of loan shares still to be issued.

I want to see where it goes with this S4T deal....watching (not holding)

potatohead - 18 Aug 2006 13:31 - 58 of 71

takeover ???

up 64% today and buys keep showing up

potatohead - 18 Aug 2006 14:00 - 59 of 71

I wonder if it will make 100% today

potatohead - 18 Aug 2006 16:17 - 60 of 71

looking good for another 65% rise
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