Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.
  • Page:
  • 1

PIPEX COMMUNICATIONS - BREAKOUT ! (PXC)     

moneyman - 02 Dec 2003 21:21

chart.asp?symb=UK%3APXC&compidx=aaaaa%3A

www.pipexcommunications.net

Pipex Communications Plc has moved into an entirely different league, and once the market fully digests the potential value of a company that effectively competes with the likes of Tiscali, AOL, Freeserve and BT Openworld, there should be more value to come. The cash generative business could also be a takeover target in its own right in the future.

A number of shrewd fund managers have positions in Pipex to include Mr
John Dodd of Artemis UK Smaller Companies Unit Trust ranked number 1 out of
56 fund managers over the last 5 years.

Patrick Evershed added 3.1 million shares to his New Star Select Opportunities fund's holding in September to take it to 8.2 million shares or 0.64%.

Alternative telecoms player Pipex is defying all odds - it has just raised
millions of pounds, made another acquisition and should be profitable 'very soon' thanks to the vice chairman's cunning plan - it's also in a sector that two US billionaire investors have bought into.

Break even in 2004 with potential profits of 4 million plus beyond.

This is like the railroads in the 1880's.This is a unique moment in history -
time to invest.

21 Oct 2003 Share Purchase by Christina Kennedy (non-executive director) - 125,000s @ 7.75p (10,000)

Investec buy note for Pipex Communications (Nov 2003)

overgrowth - 01 Jan 2004 23:59 - 9 of 11

It's just a matter of time. Generally speaking, tech. and biotech. stocks are expected to do well in the first half of 2004 - this will help move the price in the right direction.

The interims were out on 30th September 2003, so the finals should be around the end of the 1st quarter. Pipex have a solid user base and are gaining more users at a rapid rate.

With this feeding through to the bottom line and no other significant news in the new year, I can see the run up to the results starting in early Feb. probably from a launch price of around 9p. Provided the results are as good as expected we could be looking at Investech's target price of 16p quite soon.

Andy - 02 Jan 2004 00:31 - 10 of 11

overgrowth,

what's the monthly growth in new users?

TIA,

Andy.

pickit - 02 Jan 2004 07:22 - 11 of 11

this was found on SC
From today's Independent - see the last paragraph!

quote:
--------------------------------------------------------------------------------
Search for winners leads us away from blue chips
By Stephen Foley
02 January 2004
And so to our traditional "wild card". Pipex Communications, formerly known as GX Networks, is a telecoms company created by one of the entrepreneurs behind Ukbetting, Peter Dubens. It has been assembled from six smaller players. The ambitious company is generating cash for the first time but is still not widely followed in the City. It could be an undiscovered gem.
Thanx to poster theie for info.



  • Page:
  • 1
Register now or login to post to this thread.