i was wondering if anyone out there had any strong views? this company appears to be delivering and has just turned EBITA positive after a great trading statement last week. seems like upside to +200p once results are out.

any comments or thoughts would be appreciated.

new contracts, financials on track and LLU roll out going well.

A positive statement I would say, on target to go cash flow positive, new European contracts, Freedom2surf and encouraging early take up of UK online.

This part is interesting:

"We have also been trialling a 24Mbs service on our local
loops and expect to launch this during the second half of the year."

Would this be the quickest service in the UK? Could be a good earner if businesses and other organisations use it.

Also, Deutsche upped their holding again yesterday to 15.21%.

all good. i emailed the company about the 24mbp and i think it could be the fastest service anywhere.

all on course, and hopefully some news coverage will take things higher.

rgds
PT

Nice one. I think it must be the fastest in the UK at present so hopefully it will get a lot of interest. I was quite happy with the statement but it seems one analyst was not as happy. I would also argue that Deutsche upping their holding again is another positive.

which analyst was not happy? i heard the agm comments were well recieved.

Don't know which one exactly but found this earlier.

http://www.newratings.com/analyst_news/article_794814.html

If as you say agm comments went down well, then I would assume that perhaps it is just the one analyst who wasn't as happy with the statement. I read it as positive though.

Just found this on Sharecast:

Company snap: Easynet expects positive results
Tue 26 Apr 2005

ESY - Easynet

Latest Prices
Name Price %
Easynet 87.50p +1.16%

FTSE All-Share 2,426 -0.56%
FTSE Small Cap 2,876 -0.36%
techMARK 1,105 -0.27%
techMARK 100 1,117 -0.18%
Telecommunications Services 2,754 -0.82%

LONDON (SHARECAST) - Pan-European broadband networking company Easynet expects to turn cash flow turn positive by the end of June this year and report an operating profit by end of December, it told shareholders today.

Chairman Keith Todd said the core business of providing IP networks across Europe is continuing to perform well and the group has made recent additions to its customer base.

"We have had a positive response to our LLUStream wholesale product from the industry and are pleased to announce that we have secured a contract today to provide LLUStream to Freedom2surf,"

a bit of a non-statement. Cables are a 3bn company...great that they are in out backyard here...

Snippet form an artcile today on the Register:

"Middlesbrough-based ISP Onyx was the first to sign up to the service and now independent outfit Freedom2Surf has been named as Easynet's second customer.

And there are "others in the pipeline" apparently, although it seems some ISPs have been too shy to go public on their tie-up with Easynet.

Speaking at the company's AGM today chairman Keith Todd said: "We have had a positive response to our LLUStream wholesale product from the industry and are pleased to announce that we have secured a contract today to provide LLUStream to Freedom2surf...having signed up several smaller ISP's for the service already."

A spokeswoman for the telco declined to say which other ISPs had signed up but insisted that Easynet had contacted around 100 service providers so far to punt the wholesale alternative to BT."


http://www.theregister.co.uk/2005/04/26/easynet_llu/

great snippet. thx gavdfc.

Thought you would like it, I did! Hopefully Onyx and Fredom2surf are just the first 2 of many ISP's to sign up. I wonder what that analyst makes of the "others in the pipeline" now!

especially with 100 enquires...

Yep, growing bit by bit would suit me, although an onslaught of new contracts would also be nice. :-)) Lunchtime soon, cheese salad roll and a cuppa!

just bought a taste the difference cheddar ploughmans from sainsburies, washed down with freshly squeezed OJ and a bag of crisps!

Tasty! As was the 75k at 90.18 from earlier. Nothing beats fresh OJ, as long as it doesn't have the pips in it!

no pips...

saw that trade go through and thought..nice!

hopefully upward momentum tomorrow. the poblem is that we need to see real numbers and news and maybe a takeover rumour!

Last year a trading statement was out 1st July so maybe same this year. If we can get some of the 100 or so mentioned ISP's signed up then that should give us some momentum. Of course, takeover rumours then that would def move us up!

Looking at the markets overall here and in the US, I think that may have scared some of from buying anything at the moment. 100 and 200 point swings up and down on the Dow no doubt scares some off entering the markets full stop. Of course, for those trading the indices it presents great trading opportunities.

they are great opportunities...the thing is volatilty has spiked which i think is a good thing.

by the way found this article..
http://www.computerbuyer.co.uk/buyer/news/71127/easynet-plans-adsl2-services.html

Nice article, cheers. So BT are testing 18mb and we have done 24mb, ahead of them which is nice.

Last week's volatility worked out well for me, especially on Friday, rapid moves late in the day. Great long and short trades on the Dow.

it just makes life more interesting when there is movement = opportunity!