upanddown
- 19 Oct 2003 10:43
Viewed this on another board sounds very interesting
There's an interesting article in todays Financial Mail 19/10/03. It suggests that KCOM is to be broken up, with Thus taking the lions share and Colt and Energis having a bite as well. Apparently Malcolm Fallen, now CEO, has wanted to do this for some time but Steve Maine had always resisted. With him now gone the way is clear.
I think I may buy some more to average down my loss on these, it seems clear that they will rise on this speculation alone and Fallen will do everything he can - cost cutting etc. - to bolster the price prior to carve up.
seawallwalker
- 22 Oct 2004 08:27
- 9 of 11
Kingston have a buy recommendation in the shares mag.
spread or CFD target of 62p, stop loss at 45p.
interims are due 30th November and they expect it to play catch up after the poor results from Thus and Colt took an effect on the price.
Buy at 51p, well I was too late for that but I think it wroth a punt and the recent charts show it happy in the 60p 70p range.
Plus I am always impressed when I make an instant paper profit!
Keep it going up KCOM!
seawallwalker
- 22 Oct 2004 08:39
- 10 of 11
Just noticed this is a year old thread!
Apologies if there is a newer one!
realcooltrader
- 22 Oct 2004 09:36
- 11 of 11
seawallwalker, yes there is:
http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=1441
Cheers
rct