Corporate Web Site : http://www.vykecorporate.com

Product Web Site 1 : http://www.vyke.com

Product Web Site 2 : http://www.vykedirect.com

Vyke Communications plc is a leading Voice over Internet Protocol ("VoIP") service provider with a focus on mobile applications.

Formed in 2004 and expanding via organic and acquisition-based growth, Vyke's key competitive edge is based on the following technology and expertise:

VoIP based communication systems
Mobile handset technology
Wholesale carrier network management

The Vyke suite of IP-enabled services combines this key technology and expertise to provide innovative, low cost and high quality consumer services that build on the foundation provided by Vyke's vertically integrated VoIP communications network. It provides the following services for any individual or business from a single integrated platform:

Mobile VoIP (VoIP directly from the mobile phone)
PC and device based VoIP services
Mobile messaging
Mobile call back services

Vyke's aim is to become one of the world's largest independent mobile VoIP service providers.

Vyke's Q3 results out today (PapalPower would be posting this I'm sure, but I reckon he's in a different time zone currently):

3rd Quarter trading update shows substantial continued growth

Vyke is pleased to announce that it has continued its extended period of strong
growth through the 3rd Quarter ending 30 September 2007.

The total number of paid customer accounts of the Vyke product suite increased
to 1,012,030; 45.6% above the 694,884 paid customer accounts present at the
close of the 2nd Quarter of the current year and representing an average
acquisition rate of 3,523 paid customer accounts per day. The total number of
calls placed via the Vyke product suite grew by 15.3% over the 14 million calls
processed during the 2nd quarter. The number of paid customer accounts in the
3rd Quarter of the current year also represents an increase of 528.3% over the
3rd Quarter of 2006 and, at 16.19 million processed calls, a growth of 511% in
the number of calls placed via the Vyke product suite over the same period.

Tommy Jensen, Executive Chairman of Vyke, commented:
'I am very pleased that this trading update again demonstrates Vyke's ability to
sustain continued growth over time. In line with Vyke's stated strategy, we are
continuing to migrate our revenue base towards the Vyke suite of IP-enabled
services, which now accounts for 67.8% of Vyke's total retail billing.
Additionally, I am encouraged by the growth in retail billing in relation to the
total number of processed calls as it shows that Vyke's service offering is
successfully addressing higher revenue calling patterns, where our value
proposition offers its greatest benefits. With the launch of our mobile VoIP
service from any The Cloud hotspot and our accompanying marketing efforts, I am
looking forward to a strong end of year.'

More info at:
http://moneyam.uk-wire.com/cgi-bin/articles/200711260701324478I.html

sp moving up nicely this morning - all L2 blue at 150-155p.

Nice updates.

The sp quickly reverted on the 26th and I must confess I jumped off to sell at 150.6p. Today, however, it seems to be bouncing off the support at 120p (see above graph) and the sp is currently up by 2.53% to 120-123. I bought back in this morning below 120p.

This is basically a good company (that's my belief at any rate) but the price does shift about somewhat. They are currently looking at another acquisition, which should boost the price if it happens; timetable according to their RNS of 26Nov is by end this year:

"Vyke is pleased to announce that, on 23 November 2007, it entered into a letter
of intent to acquire 100% of the outstanding share capital of a UK-based retail
Voice over Internet Protocol ('VoIP') service provider (the 'Target'). The
acquisition is subject to due diligence and the final approval of the Board of
Vyke. The acquisition is scheduled to be completed before the end of this year."


PapalPower would be able to give you a more erudite analysis but I don't know where in the world he is!

I am around, but in the current market climate I am spending a lot more time doing other things and not watching shares so much.

Your analysis is fine, with VYKE being presently a "jam tomorrow" type share, it is going to suffer hard in poor market sentiment, and fly like a bird in good sentiment, and thats why it is where it is now.

Thanks PP - makes sense.

help its 110p now.

Oh dear, not looking good currently - glad I got out again (tend to watch this one v closely since it turned at the top!). I suppose it could drop as far as 100p before it bounces back?

Don't forget though - they are currently negotiating another acquisition, which should perk them up again.

Anyway, good luck Baylis.

an acquisition does not necessarily do anything positive for sp!

That's true, of course, but the sp has continued to fall below the 170p mark on the news (12Nov) that a possible acquisition in the US had fallen through because the company 'did not fulfil their criteria'. I think in this instance, VYKE are looking to enhance revenue growth through strategic acquisitions - unless I have misread their statements.

Here's the exact word from the RNS of 12Nov, just for info:
"The Company will maintain its current strategy of continued strong organic
growth with carefully chosen acquisitions, which meet its criteria pertaining to
geographical reach and quality of service."

I'm sure it is a bright future here, but like you said Toya, question is where is the point to bounce back- 100p or even less??

Hi Fernandesb - reason I thought 100p was that that was a 'resistance' level on the way up (in August or thereabouts). Could form the new support? - but what do I know! We'll see...

you won't like the chart much i'm afraid ..... 100 may provide a support, but only because it is a round number ...... 60 has more logic insofar as it is 200 dma ...... however (as Peter has commented) this is a minnow with a short history so the charts are even less meaningful than usual.

well like i said I'm going to watch this one very closely, but I'll wait with shopping :)

Likewise - and thanks for the chart Cynic :)

Someone just sold a load at 100p. This means, to me, that margin pressure is building across the markets and forcing closures of positions. Cannot see the AIM stocks booming just yet, more pain to go imo, before a turn around.

And the barrier to entry to this market is . . . ?

High, MM!

RNS this morning:
Vyke Communications plc
('Company')

Statement re Share Price

Vyke Communications plc, the AIM listed Voice over Internet Protocol service
provider, announces that it has noted the recent movement in its share price and
confirms that the Board is not aware of any reason for this movement.

The Company continues to be encouraged with current trading and with the rollout
of its new marketing initiatives, which include an imminent launch of a mass
marketing programme focusing on central London, the Board views the future with
confidence.

As a result, the Company expects to announce figures for Vyke IP-based customer
accounts to reach in excess of 1,250,000 by the end of the year.

In The Times today:

Tiddler to watch

Vyke Communications, the voice-over-internet protocol provider for mobile phones, was up 10p to 120p after it launched its commercial service from The Clouds wi-fi hotspots. Mike Jerem, of Daniel Stewart, has a 500p price target. He said that Vyke was a play on the spread of wi-fi access and the invasion of internet telephony.