It seems THE Colt could be on its way back from yet another Year Low .

The stock is now at a very vunerable level at market cap level of only 500million -

My own opinion and that of other investors is great time to tuck away as a recovery from the present lows looks set to start...

What goes down must come up...

France Telecom still looks set to the main bidder though CABLE and Wireless is another contender named...

DYOR AS ALWAYS AND HAVE SAFE INVESTING ON YOUR MIND...jULES99

60-80p is the comeback target...

CTM has achieved 60p today...looking forward to 70p now

Back in September a friend of mine tipped Colt to me because of the new chairman, John-Yves Charlier, as he has a track record of turning companies around. He turned Equant and a division of BT around so I've been watching CTM. Could be tempted in now the price has broken 60

Final results due on 24th February.

results hit the as expected mark...ctm went down on profit take on day/after but making a rise back today back to 55.25p, appears to have risen 1.75p today. Short term goal 62p barrier needs to be breached for real.

If price remains in 60's then some form of consolidation cannot be ruled out now that results are out and CTM's future path and goal is clearer.

A ggood start to the week, on consolidation news ..

keep well jules99

any idea whats going on?

looked a bit dodgy early on in the morning, plenty of sells etc..

Big rise today...is there any news on CTM?

Takeover talk perhaps. This article may have something to do with it?

TDC sniffing around Colt - report
By Tim Richardson
Published Thursday 7th April 2005 10:37 GMT
Danish telco TDC has declined to comment on a press report that it could be interested in snapping up Colt Telecom.

Swiss IT business magazine, IT Reseller reports that TDC is about to buy Colt.

A spokeswoman for TDC told The Register: "We have a policy not to comment on rumour or speculation, which this is."

A spokeswoman for Colt also declined to comment on "rumour and speculation".

Colt is a provider of business telecoms services in Europe operating in 13 countries.

TDC is a Danish telco that, most recently, is behind the launch of the UK's new discount mobile phone outfit easyMobile.

In September TDC - previously Tele Danmark - announced it was buying Swedish IP and business telecoms outfit Song for $552m. Song provides business with IP and data services and operates in Denmark, Finland, Norway and Sweden.

Just got a trench of these, somethings brewing, and the directors all took shares on the 24th March.

The 24th March was linked to their annual executive share incentive so it might not be wise to read anything into this. Agree these are interesting at this price though.

Possibly something hot coming up...

in case you are not aware,

The colts company update is on 21st july, been worth the wait, this little number look set to rise before this, a treat for all holders..!

recent director buys looked very positive to add..

DYOR as always...
JULES

Jules
Thanks for that, will watch with anticipation

Maybe not now...with all this bombings around...sentiments will be gloomy

I really don't know what is going on in Colt at the moment. I spend about 2m a year with them but in the last 3 months the service and the quality of the call termination has collapsed. Just to make things worse they are moving all of their back-office funnctions to India and that has caused mayhem with basic things such as fault reporting on invoice settlement.

Well i'll be damned, Today the colt raced up upto 68p+ in an early buy frenzy but settledown at 63.5p, a clear indication there is interest in the golden oldie stock once again, This week CTm could race further up again, results still on the cards, and all is well so far, price creeping past the important 62p, last week. The next level is anybodys guess???
Stay Lucky.
Juless 99

LONDON (ShareCast) - London managed to end higher on a buoyant Wall Street, falling oil prices and plenty of bid chat, although gains were trimmed following further security scares in the capital.

The Dow Jones was trading almost 80 higher when London

packed up for the day as some big takeover news provided a fillip, although security alerts in Whitehall and at Kings Cross hurt trade over here.

Prudential led the risers for most of the day on the back of reports that Citigroup (NYSE: C - news) is weighing up a bid for its online bank Egg (LSE: EGG.L - news) , in which the insurer owns a 79% stake.

Exel (LSE: EXL.L - news) was upbeat on the back of persistent bid speculation, following comments by Deutsche Bank (Xetra: 514000.DE - news) last week that highlighted the potential of a bid for the logistics group.

Telecoms carrier Colt Telecom (LSE: CTM.L - news) also dialled in gains on talk of a possible approach from US finance outfit Fidelity.

gradual rise up today 5%, on the basis of us market riselast night, 8 more days left now to quarter update.

julessss

A REMINDER TO ANY COLT followers..

Second quarter results Thursday! and looking very good indeed this week, lets hope the wait have been rewarding.

Turnover of appx - 950m
MK cap - apprx 980M
2004 - Loss of 142m

expectations much higher than above I should think.
Jules

published earlier today at:

http://www.internationaltaxreview.com/?Page=9&PUBID=210&ISS=17460&SID=525700

Weekly News - July 18, 2005

COLT Telecom hires tax head from Novar
Sed Crest, London

COLT Telecom Group has hired Charles Staveley, former tax head at Novar, the secure printing and industrial group, as the company's new head of tax and treasury.

In his new role Staveley will report to Tony Bates, chief administrative and financial officer, who sees more tax work ahead for the group. "The volume and value of tax work is growing as our operating companies move into profitability and our pan-European customer base grows," said Bates. "Treasury matters are also becoming more significant as we drive the company towards being cash-flow positive, and we manage our working capital and debt profile more tightly."

Staveley's role did not really exist before he joined the company. "One of the interesting things about joining COLT was taking on the treasury role," he said. "More and more tax people are actually doing that because the two areas are very complimentary. Traditional tax planning often deals with financing and funding. Reorganizing and restructuring from a tax perspective involves moving cash around, so I think there are a lot of things that are common to both."

Because COLT has operations in 13 countries, international organization will be the key challenge for Staveley. There are also sector-specific challenges for him. "COLT, being in telecommunications, is in a sector that is very fast-moving and there are a lot of issues going on. They will flow-through to my role," he said.

Transfer pricing, cross-border funding, efficient structuring and managing working capital efficiently are all issues that Staveley says are in his in-box. "I have been in international tax for over 20 years now dealing with those different tax regimes and the problems that a business faces as well as the opportunities," he said. "The group now has a potential tax-asset of half a billion pounds, which isn't on its balance sheet," he said. "It is basically tax losses from when the telecoms sector suffered."

One of the new concerns in the UK for Staveley are the new cross-border tax arbitrage rules. "Often they use a hammer to crack a nut," he said. "I think it is going to become more challenging to do more artificial cross-border planning. More time will be spent on the bread and butter commercial transactions, such as transfer pricing."

Staveley was group head of tax for three and a half years at Novar, which has just been taken over by Honeywell, the US-based aerospace and materials group. From 1996 to 2001 Staveley was director of European taxes at Textron, the US-based aircraft and financial services group. From 1992 to 1996 he had an in-house tax role at security printer De La Rue. He began his tax career as a tax adviser at Arthur Andersen in London.