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Easynet (ESY)     

proptrade - 22 Jan 2004 11:27

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.

gavdfc - 18 Aug 2005 14:28 - 564 of 602

Well if they are buys from yesterday it would explain the rise after 16.00hrs yesterday before the close. Chart looking a bit healthier from June to now, possible golden cross coming up soon?

proptrade - 18 Aug 2005 16:13 - 565 of 602

thats why i see a 100p+ price v soon...

gavdfc - 18 Aug 2005 16:30 - 566 of 602

Looking at the chart, if it breaks above here then a good chance of a run back up to the 115ish mark perhaps.

">Chart.aspx?Provider=EODIntra&Code=ESY&Si

proptrade - 19 Aug 2005 13:54 - 567 of 602

nice news..BT not able to compete withe ESY!

BT suspends business broadband rollout


Graeme Wearden
ZDNet UK
August 19, 2005, 13:10 BST


Tell us your opinion

High prices are blamed for low SDSL take-up, as BT puts exchange upgrades on ice until price cuts kick in


BT has stopped rolling out its business broadband service until at least early 2006, citing lack of demand caused by high prices.




A BT spokeswoman confirmed on Friday that it has stopped upgrading local exchanges to offer SDSL, which is more suitable for small businesses and branch offices than ADSL. "It is because of a lack of take-up," explained the BT spokeswoman. "The feedback from our service providers is that the reason is basically the cost of SDSL."

BT had set itself the target of offering SDSL from 800 local telephone exchanges, mostly in metropolitan and other urban areas. At present, it has upgraded 729 exchanges.

BT hopes that its recent decision to cut wholesale SDSL prices by up to 30 percent will kickstart the SDSL market. If so, these remaining exchanges could then be upgraded.

SDSL, or symmetric DSL, provides a two-way high-speed Internet connection. This makes it more suitable for organisations who want to upload large amounts of data, perhaps because they host Web sites or run an email server used by remote workers.

BT has repeatedly sung SDSL's praises. Earlier this month, the telco said that "symmetric broadband is ideal for business use as it supports applications that require the same upstream and downstream speeds. This allows businesses to benefit from applications such as video conferencing and realise greater efficiencies through fast file transfer."

Some rival telcos, such as Easynet, offer their own SDSL services in competition with BT. But many of those businesses who can't get BT's SDSL service may have to make do with ADSL instead.

"There are other parts of our portfolio which should meet people's needs," said the BT spokeswoman.

Back in 2003, before it officially launched SDSL, BT had admitted that many firms were happy with ADSL, which is now available to over 99 percent of homes and businesses.


http://news.zdnet.co.uk/communications/broadband/0,39020342,39214099,00.htm

proptrade - 31 Aug 2005 09:19 - 568 of 602

back to 100p. hopefully momentum building.

rgds
PT

proptrade - 01 Sep 2005 17:33 - 569 of 602

more good news..

UK Online unveils 24 meg service
By Tim Richardson
Published Thursday 1st September 2005 11:43 GMT
Get breaking Reg news straight to your desktop - click here to find out how
UK Online - the ISP that's part of local loop unbundling (LLU) outfit EasyNet - has confirmed it too is to offer 24 meg broadband.

The ISP launched an 8 meg service ten months ago and is now planning to build on that with the release of a 24 meg product from next month.

Although prices have yet to be confirmed the company said the service would cost under 30 a month.

In a statement Chris Stening, top dog at UK Online, said: "We've been pushing the current ADSL technology to its limits with 8Mb broadband since late last year."

Today's anouncement follows hard on the heals of rival ISP "Be", which revealed yesterday that it is planning a pilot of its 24 meg service in the London area.

Bulldog - another LLU operator which has been in the news recently for all the wrong reasons - is also telling its customers that it is planning to release a 20 meg service sometime soon.

Related stories

gavdfc - 01 Sep 2005 18:02 - 570 of 602

Good spot, cheers. Fidelity have increased their holding to 8.15%, up from 7.07%, RNS after the close.

http://www.companyannouncements.net/cgi-bin/articles/200509011743477348Q.html

proptrade - 07 Sep 2005 13:55 - 571 of 602

results this week. LLU annoucement today (see RNS on BT). looks like a few buyers are sniffing about.

gavdfc - 07 Sep 2005 15:01 - 572 of 602

Cheers, never spotted the BT RNS. Analyst presentation on Friday at 9.30 also.
Bulldog got totally slated on Watchdog this week on BBC over shocking cust service and wrong pricing for customers, didn't make for good viewing for them!

Article about todays ofcom news on the Register.

http://www.theregister.co.uk/2005/09/07/bt_ofcom/

proptrade - 07 Sep 2005 15:51 - 573 of 602

cheers, and they move yet higher..press tomorrow?

gavdfc - 07 Sep 2005 15:58 - 574 of 602

Quid bid sounded catchy! 102 bid sounds better though. I would imagine the ofcom news will receive some press. This news has came at a good time for us though with the results and meeting on Friday. I wonder what the analysts will make of it all? A move up to around 115 from looking at the chart?

gavdfc - 07 Sep 2005 17:03 - 575 of 602

Seems Fidelity have been buying, added another 1.9m ish.

http://www.companyannouncements.net/cgi-bin/articles/200509071550129668Q.html

gavdfc - 08 Sep 2005 12:08 - 576 of 602

Early progress was registered today in Easynet, 7p higher at 112p, amid talk that the high-speed internet provider could be a bid target. Market chatter has it that OneTel, Centrica's telecommunications division, is considering a cash offer of 130p a share.

Easynet, which is expected to announce solid half-year numbers tomorrow, has close ties with OneTel. OneTel recently chose Easynet as its broadband internet supplier for the next three years.

Easynet Bid Rumours

proptrade - 08 Sep 2005 12:57 - 577 of 602

all bodes well. off a bit at the moment but results tomorrow...

gavdfc - 08 Sep 2005 13:03 - 578 of 602

Indeed. It seems the same rumour is appearing in a few papers today. And it got a brief mention in the Express.

From the Guardian:

Eyes on Easynet

Keep an eye on Easynet, the high-speed internet provider. That was the word in the Square Mile yesterday as its shares hit a seven-month high in brisk trading.

Easynet is expected to announce solid half-year figures tomorrow, however, and traders said the buying had been triggered by rumours of a takeover bid. The word in the market was that OneTel, Centrica's telecommunications division, is considering a cash offer of 130p a share.

Analysts noted that the two firms know each other well. Six weeks ago, OneTel, which claims to have 1.7 million customers in the UK, chose Easynet as its broadband internet supplier for the next three years. Easynet shares, at 70p in June, closed 6p higher at 105p.

Guardian

proptrade - 08 Sep 2005 15:14 - 579 of 602

130p ...i'd take it!

gavdfc - 08 Sep 2005 15:35 - 580 of 602

Do you think they would accept a bid around the 130 mark?

proptrade - 08 Sep 2005 15:46 - 581 of 602

they may be forced to if no white knight....

gavdfc - 08 Sep 2005 15:50 - 582 of 602

A bidding war would be nice! But it could all just be froth, seems to be lots of takeover talk going around just now. Guess we'll just have to wait and see how it pans out. Charts looking really good just now, 200dma moving up and 50 dma crossing over it.

proptrade - 08 Sep 2005 15:53 - 583 of 602

all in the results tomorrow...have a look at CSB - quality!
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