Anyone knows about the recent speculation of big contracts coming up at C&W ??? Would welcome any threads. Thanks.

UK's Cable & Wireless jumps on ABN AMRO optimism

LONDON, Dec 19 (Reuters) - British telecoms firm Cable & Wireless Plc topped the FTSE 100 (^FTSE - news) gainers list on Friday, recovering from a two-month low after C&W's house broker ABN AMRO (Amsterdam: AAH.AS - news) told clients the stock looked cheap.

C&W shares were up 5.3 percent at 133-1/4 pence by midday. Volume was heavy, with over 34 million shares changing hands, above the 90-day average volume of 29.6 million. Earlier in the week, C&W touched 123-1/4p, its lowest level since mid-October.

"Since C&W announced their U.S. exit the stock has drifted off around 10 percent and I think the main reason for that is people have been reducing beta in their portfolios towards the end of the year, but I do think the downside risk has minimalised," said ABN AMRO analyst Richard Eary.

"Even if the markets turn and look for low-beta stocks next year and go back to value plays, C&W should also come up on radar screens given its cash pile, low multiples and ability to increase the dividend side or potentially embark on share buy-backs," Eary added. He has an "add" rating on C&W, with a price target of 148p.

C&W shares have been the star performer of the blue-chip FTSE index in 2003. Friday's rise brings its increase in the year so far to a massive 196 percent. The next best gainer looks set to be mobile phone company mmO2 , up 74 percent at 77p since the beginning of January.

I think its the resurrection of the demerger that isn't going down very well.

Track record of the management is great.

Thanks god they never followed the guidance from advisors and financial analysts who are expert in misleading the community. They are responsible for all the confusion in the world.

You can check, half the population in the world is richer and 15-20 percent are poorer than two years ago.

below 100p!

wow 93p

even more Wow!
-this isn't looking good, should have got out earlier.

DYOR
Today, Co. says "...results will be in the lower range of expectations.." .......Huh!
EDIT-(21Jy10)- now 65p, doesn't look too clever, that demerger this year.....increased costs in the short-term and I'm not convinced folk really know what they have gotten..

Kissy kissy.

buy!

Cable&wireless Worldwide wins global government telecoms contract

Foreign & Commonwealth Office (FCO) signs 82* million, five and a half year contract

Global telecoms framework for managed services to more than 150 countries

Anticipated that other government departments will separately contract for services under the agreement

Includes Next-Generation Network (NGN) and advanced IP data and voice services

Just gone long here.

Final Results.

Financial highlights

-- EBITDA up 2.6% to GBP442 million

-- Profit before tax, before exceptional items, up 23% at GBP143 million

-- Delivered free cash flow of GBP61 million

-- Hosting and Applications margin up 10%

-- Final dividend of 3.0 pence per share recommended; full year dividend 4.5 pence

-- Board intends to hold the annual dividend level at 4.5 pence until covered by free cash flow

Operational progress

-- Extended relationship with Boots UK in an agreement to supply and manage a range of data and telephony services

-- Won a three year contract with Babcock to consolidate their network estate and connect 250 UK and international sites

-- Agreed framework contract to provide a highly resilient global network for the UK Government

-- Launched 'Flexible Computing', our innovative cloud proposition

Heavy volume with 126m UT.

Ex dividend this Wednesday (8th). 3p.

From last night :-

RNS Number : 8657I

Cable & Wireless Worldwide PLC

21 June 2011

21 June 2011

Cable & Wireless Worldwide plc

Response to recent press speculation

The Board of Cable & Wireless Worldwide plc notes the recent press speculation in relation to an approach for its Global business. The Board has considered and rejected that approach.

Paul Moore

Head of Secretariat

Cable & Wireless Worldwide plc

Got the dividend today - it equates to a 12.66% yield at today's price! God knows where this is going.

Ah yes, but it's not G'teed to continue and Dir will think "Hmm, I'll have some of that as a Bonus!"

Also, a good yield is no good if the sp keeps falling . . . . more-or-less what's happened to LT shareholders over the last few years . . . . and spending money on knocking up two businesses is really a waste of funds; - er, IMHO.

Why this has been falling recently. Many small jumps on a big purchase, but no move at the end of the day.

All trades have been AT!

Hal Yearly Report.

Trading performance in line with market expectations, trading cash flow up 19%

Underlying margin and EBITDA stable year on year

Package of measures announced aimed at reducing costs, improving marketplace performance and ensuring a strong and resilient balance sheet

Gavin Darby to join as Chief Executive Officer on 28 November 2011 - John Pluthero to leave the business in March 2012


Financial highlights

EBITDA1 190 million (H1 2010/11: 214 million), underlying performance stable

Gross margin1 511 million (H1 2010/11: 522 million), underlying flat

Trading cash flow2 strengthened by 19% to 38 million

Exceptional items - goodwill impairment (436 million), deferred tax asset write down (146 million) and the write off of obsolete assets (42 million) totalling 624 million

Agreement concluded with pension fund trustees, initial payment of 100 million, 125 million of available resources released

Interim dividend of 0.75 pence per share to be paid in January 2012 at a cost of 20 million. Future dividends suspended to improve balance sheet strength

Trading highlights

UK Enterprise - recent contract wins to restart hosting growth

Renewal and extension of framework Government contract, providing greater opportunities to engage with UK public sector

Progressing global markets - 7% enterprise margin growth

Extra 35% of data centre capacity commissioned - to start to come on stream in H2

New Chief Executive

The Board has appointed Gavin Darby as Chief Executive Officer with effect from 28 November 2011

John Pluthero will leave the Board in December 2011. He will stay with the business to effect an orderly handover and will leave the business in March 2012

The fall is overdone.

I wouldn't be surprised if Pluthero's personal terms for a takeover were too onerous for an acquirer. So, a deal may be a lot easier to get done without him on board. If so, it needs to get done soon .... 50-60p is likely price range.

CW has a monopoly in Panama.I know what it's like to sit for a hour or more waiting for someone to deal with customers needs.It would help if there were some competition and get those people organizing a system that recognized that people are human beings who can't afford to spend half a day waiting to be attended to.Monopolies are bad for everybody.Look what Maggie did for Utility Companies in UK.At least service wise they became very efficient.