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 take it you did read the Half Yearly Report?

"Interim dividend of 0.75 pence per share to be paid in January 2012 at a cost of GBP20 million. Future dividends suspended to improve balance sheet strength"

Yes and No. Asset value is a couple of times more than the share price. They have many options even if the situation does not improve.

something going on here. watch it out...

Ahoj - were you refering to the movement of the SP or something else?

John Pluthero, who was replaced as CEO at Cable and Wireless Worldwide last month, is leaving its Board at the end of the year.

He will remain with the company for another three months to assist with the handover of responsibilities to the new Chief Executive Officer, Gavin Darby.

RNS Number : 4021V

Cable & Wireless Worldwide PLC

11 January 2012

Interim Management Statement and Strategic Update

Cable & Wireless Worldwide (CW.) will issue its Interim Management Statement on Thursday 16 February which will include a strategic update from Gavin Darby, CEO.

Details for this event will be issued in due course.

ENDS

RNS Number : 4957V
Cable & Wireless Worldwide PLC
12 January 2012

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Cable & Wireless Worldwide plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights
X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation
Orbis Holdings Limited (parent)

Orbis Asset Management Limited

(investment manager and controlled undertaking)

Orbis Investment Management Limited

(investment manager and controlled undertaking)
4. Full name of shareholder(s) (if different from 3.):

Vidacos Nominees Limited

HSBC Custody Nominees (Australia) Ltd

5. Date of the transaction and date on which the threshold is crossed or reached:

6 January 2012

6. Date on which issuer notified:

12 January 2012

7. Threshold(s) that is/are crossed or reached:
Over 17%

8. Notified details:

A: Voting rights attached to shares

Class/type of
shares


if possible using
the ISIN CODE
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction

Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of voting rights

Direct
Direct
Indirect
Direct
Indirect

GB00B5WB0X89
434,606,290
434,606,290

460,050,104

17.03%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument
Expiration
date
Exercise/
Conversion
Period
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument
Exercise
price
Expiration
date
Exercise/
Conversion
period
Number of voting
rights instrument
refers to
% of voting rights

Nominal
Delta

Total (A+B+C)
Number of voting rights
Percentage of voting rights

460,050,104
17.03%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Orbis Asset Management Limited is a controlled undertaking of Orbis Holdings Limited.


Orbis Investment Management Limited is a controlled undertaking of Orbis Holdings Limited.

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:

Paul Moore, Head of Company Secretariat

Cable & Wireless Worldwide plc

15. Contact telephone number:

+44 (0)20 8243 1822

I hold a few

Can it get back to 30p?

Starting to show some life. Fingers crossed, though.

RNS Number : 9529V
Cable & Wireless Worldwide PLC
20 January 2012

Cable & Wireless Worldwide plc ("the Company")

Additional Listing

Application has been made for the admission of 40,721,464 ordinary shares of 5 pence each in Cable & Wireless Worldwide plc to the Official List of the UK Listing Authority and to trading on the London Stock Exchange on 26 January 2012

These shares will be issued pursuant to the Cable & Wireless Worldwide plc Scrip Dividend Scheme.

These shares will rank pari passu with the Company's existing issued ordinary shares.

Contact for queries:

Paul Moore

Head of Secretariat

Cable & Wireless Worldwide plc


Telephone: +44 (0) 20 8243 1822

I sold ha;f earlier, but it appears that it can get to 70p again.

Always the way ahoj. Sold all mine at 18.6

Cable and Wireless Worldwide shares made a late surge to close up 6 at 23.9p, topping the FTSE-250 leaderboard.

Traders put the rise down to the closure of "two very large sell programmes" from unnamed investors.

"There's no doubt that a one day rise of 33pc is exaggerated," one said. "The share price has been pretty depressed recently so I guess it spells a return to normal levels."

Cable & Wireless Worldwide PLC : 23 January 2012: Cable&Wireless Worldwide appoints new hosting managing director

C A B L E & W I R E L E S S W O R L D W I D E A P P O I N T S

N E W H O S T I N G M A N A G I N G D I R E C T O R
London, 23 January 2012: Cable&Wireless Worldwide has announced today the appointment of Michelle Senecal de Fonseca as its new global managing director for hosting services. Cable&Wireless Worldwide announced in November its intention to expand its hosting capacity in order to meet growing customer demand.

Data hosting and applications support is one of the company's key focus areas and Ms Senecal de Fonseca will drive growth in the scale and contribution from this business unit in the near term. Ms Senecal de Fonseca brings a wealth of data hosting, telecoms and finance experience to the company from her roles with US West, Sprint International as well as Global One, Worldport and the European Bank for Reconstruction and Development (EBRD).
Commenting on her appointment Ms Senecal de Fonseca said, "With an enviable list of highly engaged clients, extensive telecoms and hosting capabilities coupled with the full support of the board, evidenced by the recent investments in hosting capacity, this a great time to be joining the company. I am looking forward to building on our successes so far and helping the company to become recognised as a strong and credible leader in the hosting market."
Gavin Darby, Cable&Wireless Worldwide's chief executive, added, "Michelle is a great addition to our senior team. I believe that her energy, expertise and track record in hosting will prove to be invaluable."
Ms Senecal de Fonseca has dual British/American citizenship, speaks five languages and has been recognised by Global Telecoms Business magazine as one of the industry's most influential leaders

LOL - never has an appointment been greeted so generously by the stock market. She must be some lady :-)))
A poster over on the dark side speculated that CW had sold their international division. The post was later deleted. It may not be true, but I also doubt that closing of shorts would cause such an explosion. Not that I'm complaining, having only bought in last Thursday.

It should settle around the same price as cwc, 40p by mid February.

The news is here:

Expansion of Data Hosting Capacity with Infinity
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RNS Number : 0745W

Cable & Wireless Worldwide PLC

24 January 2012

CABLE&WIRELESS WORLDWIDE expands data hosting capacity WITH INFINITY

London, 24 January 2012: Cable & Wireless Worldwide plc ("Cable&Wireless Worldwide" or the "Company") today announced that it will expand its data hosting capacity by 25 per cent through a 15-year agreement with specialist data centre operator, Infinity. The multi million pound investment reinforces Cable&Wireless Worldwide's commitment to hosting services and illustrates the board's willingness to support core capabilities. This builds on investments already underway to expand the Company's existing Tier 3 data centres in Leeds and Swindon.

.....

RNS Number : 1846W
Cable & Wireless Worldwide PLC
25 January 2012


Cable & Wireless Worldwide plc

Additional Listing

Application has been made to the UK Listing Authority for the block listing of, and to the London Stock Exchange for the Admission of 20,000,000 ordinary shares of 5p each fully paid, ranking pari passu with the existing ordinary shares, to the Official List.

These shares will be issued in respect of the Cable & Wireless Worldwide plc Share Purchase Plan 2010.

TV providers over the world are moving towards using internet. Good for copanies like CW .

Ahoj - Yep I am back in and added this morning. Awaiting the so called strategic update!!