Investors' Room :: PIPEX - MoneyAM - Free Share Prices, Stock Quotes, Charts, News, Level2

woody57 - 14 Aug 2006 16:47

Nice rises Friday and today,after being tipped up by Money Week magazine ,with first half sales up 86%,and a cheaper Broadband bundle than Car Phone warehouse,a forward p/e of 15.4 and a likely takeover target seems the one to be on in a guarateed consolidating sector.

queen1 - 14 Aug 2006 19:25 - 2 of 481

You would have thought so woody57. I've been in these for a couple of years and they have been a tad frustrating with good times seemingly around every corner. Perhaps David Hasslehoff will do it for them!

2517GEORGE - 15 Aug 2006 09:10 - 3 of 481

I first bought when they were GX something or other (media I think) and have bought several times since @ prices between 4.84p and 8.1p. I did sell my complete holding and bought back in recently albeit a more modest number. The Wi-Max trial exceeded expectations so hopefully more upside to come.
2517

queen1 - 15 Aug 2006 12:40 - 4 of 481

I hope you sold when they hit 16p 2517!

2517GEORGE - 15 Aug 2006 13:03 - 5 of 481

queen1-------I was just short of that but very nice profit thanks.
2517

queen1 - 15 Aug 2006 22:55 - 6 of 481

Good for you!!

2517GEORGE - 18 Aug 2006 11:13 - 7 of 481

Seeing some strength this week, thought about buying more @ 8.35 earlier this week, never mind.
2517

jimward9 - 18 Aug 2006 16:36 - 8 of 481

UK to get first city with high-speed WiMax coverage
Fri Aug 18, 2006 2:15 PM BST
By Marc Jones

LONDON, Aug 18 (Reuters) - A British city known for its concrete cows is set to become one of the most technologically advanced in Britain after it said it would to be the first UK town to boast a high-speed WiMax wireless broadband network.

Telecoms firm Pipex (PXC.L: Quote, Profile, Research), in a joint venture with chip maker Intel (INTC.O: Quote, Profile, Research), is to blanket parts of Milton Keynes with WiMax, a medium-range sibling of the popular Wi-Fi technology covering kilometres rather than metres. Both use radio frequency rather than conventional wires to beam the Internet.

A source close to Pipex told Reuters the company would announce the launch of its plans in around four weeks.

Steven Jewell, head of IT for Milton Keynes, said WiMax would be rolled out across the city bit by bit.

"Milton Keynes will be probably the first place for a major proving roll-out of WiMax in the UK," Jewell told Reuters.

"Signals will be sent out into various parts of Milton Keynes -- it won't be the whole of Milton Keynes to start with."

Milton Keynes is famed in Britain for the black and white concrete cow statues which planners added when building the town in the 1970s.

For those looking to get on the Internet on the move, WiMax is seen as one of the main alternatives to the 3G networks for which mobile operators across Europe paid more than 100 billion euros ($128 billion) combined some six years ago.

cynic - 18 Aug 2006 16:38 - 9 of 481

can't make my mind up whether to buy back in ..... made money previously, but whenever one thinks sp is going to take off it nosedives again

jimward9 - 18 Aug 2006 16:46 - 10 of 481

one to buy and tuck away and forget for a year, sure it will make money or get tookout by a big fish.
seems to have broken out of downward trend, one to keep an eye on.

2517GEORGE - 18 Aug 2006 16:50 - 11 of 481

cynic there seems to be strong support just above 8p, I have decided to top up at around 8.5p if I get the chance. I wonder what a chartist would make of it, PXC is well down off it's quite recent highs.
2517

cynic - 18 Aug 2006 16:56 - 12 of 481

RSI is still only 60, which is not too bad; just broken through top of Bollinger Band, whatever significance that has; 200 dma is about 11.2, so miles away; broken through 50 dma.

Nothing very specific i would have thought, though not something about which i am very knowledgeable

jimward9 - 18 Aug 2006 17:02 - 13 of 481

Chart.aspx?Provider=Intra&Code=PXC&Size=

all says a buy to me.
MACD on way up
fast/slow stoch on way up
RSI well below 30 strong buy

cynic - 18 Aug 2006 17:05 - 14 of 481

thanks Jim .... don't disbelieve you, b ut why as do not know how to interpret your charts

jimward9 - 18 Aug 2006 17:14 - 15 of 481

cynic
i am sure money am will have pages to explain charts if not try www. eyield.co.uk

butane - 20 Aug 2006 11:11 - 16 of 481

Today's Telegraph........

Pipex, the internet service provider, has never had a totally harmonious relationship with the market.

The company's shares stand at just 9.6p, down from a year high of 16p. Analysts have been concerned that Pipex's consumer broadband offer will go unnoticed in the wake of huge marketing efforts from rivals such as Carphone Warehouse, BT and Sky.

But on Tuesday Pipex published the results of a successful trial of its WiMax technology. WiMax is similar to existing WiFi wireless internet technology but has a far larger transmission range. Pipex's WiMax efforts are a joint venture with Intel, the giant US chip company that recently invested $600m (316) in Clearwire, a WiMax start-up in the US.

The technology is interesting: it potentially offers a flexible alternative to fixed-line broadband. Pipex's trial showed that the technology delivers very high-speed connections and the company is well placed to benefit from any roll-out in the UK.

However, it is Pipex's new advertising campaign for its existing broadband service, featuring David Hasselhoff, the Baywatch star, that is getting the attention of analysts. We believe that customer sign-ups for Pipex's new broadband package could, like Carphone Warehouse's similar TalkTalk service, exceed expectations. The company is trading on a price to earnings ratio of 14 and Investec has a "buy" recommendation on its shares. In addition, we believe Pipex is ripe for acquisition. We rate the shares a speculative buy.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/08/20/cxequit20.xml

G D Potts - 20 Aug 2006 12:38 - 17 of 481

Im thinking of buying in but am worried that the shares could take a hit when they open on Monday as profit taking rears its head, but we'll see, a small rise and I will buy In.
Product in a growing market and as Investec rightly said , Pipex is ripe for aqcusition. I can see similarities to 02 growing on a smaller scale.

Troys - 21 Aug 2006 10:06 - 18 of 481

http://www.axcessnews.com/modules/wfsection/article.php?articleid=10961

queen1 - 22 Aug 2006 13:36 - 19 of 481

Through the phsycological 10p barrier but will it hold...?

skyhigh - 22 Aug 2006 13:43 - 20 of 481

For what it's worth, in my estimation, it will hold and strengthen as we're now in the run up to the interims to be announced 7th Sept. (imho) then what happens is anyone's guess..

G D Potts - 22 Aug 2006 16:34 - 21 of 481

Not for long, back down to Earth today,

queen1 - 22 Aug 2006 21:32 - 22 of 481

Still held 10p though which I think is a good sign. Agree skyhigh that the next couple of weeks should be interesting - there's just so much going on in the world of Pipex at present.

2517GEORGE - 06 Sep 2006 13:22 - 23 of 481

Interims tomorrow, on 12/7 PXC stated that sales/profits would be above market expectations, the sp is going nowhere atm, strange.
2517

skyhigh - 06 Sep 2006 13:27 - 24 of 481

yeh. rubbish isn't it... don't know what has to happen for the sp to climb.. let's hope that interims/outlook exceed expectations

2517GEORGE - 06 Sep 2006 13:47 - 25 of 481

skyhigh------wi-max is a slowly does it imo and it just pushes the timescale further out. News (good) on the integration of Homecall would be nice.
2517

israelgold - 06 Sep 2006 16:14 - 26 of 481

How long before we see some changes on this one or a take over bid.

cynic - 06 Sep 2006 16:19 - 27 of 481

probably before you die, unless you are very very old!

skyhigh - 07 Sep 2006 07:41 - 28 of 481

Great interims. lots going on.. developing well.. sp should rocket from here but.... it'll probably go down as usual ! (overall debt going up, market probably won't like that)

TANKER - 06 Oct 2006 10:03 - 29 of 481

back to 03 sp peter dubens is not as good as people think , as a cutumer and share holder am very unhappy so are my pals who also have pxc as both holders and cutomers we are thinging of getting out after xmas if no good news ,

skyhigh - 06 Oct 2006 10:18 - 30 of 481

Need patience! ... overall AIM/sm caps company markets are surpressed.. lots of my other comps are doing badly even though thier results, trading and potential is good... need overall sentiment to change and also new investment money coming in so that shares will be marked up... sooner or later iit'll happen... in the meantime sit tight !

TANKER - 06 Oct 2006 10:21 - 31 of 481

our long 5years 10 years dubens as had time get rid of him , he is useless filling is own pockets thats all he as done,

skyhigh - 06 Oct 2006 10:39 - 32 of 481

I know what you mean ... it's grim isn't it !

Falcothou - 11 Oct 2006 13:12 - 33 of 481

Nice bounce back this morning presumably related to carphone warehouse acquisition of AOL and further consolidation in sector.

ROARGIANT - 21 Oct 2006 13:16 - 34 of 481

daily mail and thebusinessonline.com suggesting bt still interested.could be a hot run up till christmas.

Falcothou - 23 Oct 2006 15:51 - 35 of 481

Pipex Communications PLC
23 October 2006

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Pipex Communications plc

2. Name of shareholder having a major interest

The Goldman Sachs Group, Inc.

3. Please state whether notification indicates that it is in respect of holding of the shareholder
named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder
if it is a holding of that person's spouse or children under the age of 18.

As in 2 above

4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each
of them

Goldman Sachs International Crest Account CREPTEMP 146,182,652

Goldman, Sachs & Co 21,578,947*

*beneficial interest of 4,100,000 3.875% 28/03/2011 convertible bonds

5. Number of shares/amount of stock acquired

Not disclosed

6. Percentage of issued class

N/A

7. Number of shares/amount of stock disposed

Not disclosed

8. Percentage of issued class

N/A

9. Class of security

Ordinary 1p shares

10. Date of transaction

18th October 2006

11. Date company informed

20th October 2006

12. Total holding following this notification

167,761,599

13. Total percentage holding of issued class following this notification

7.06%

14. Any additional information

None

15. Name of contact and telephone number for queries

Stewart Porter 01296 300 081

16. Name and signature of authorised company official responsible for making this notification.

Stewart Porter, Finance Director

Date of notification: 23rd October 2006

This information is provided by RNS
The company news service from the London Stock Exchange
Goldman sound interested

cynic - 25 Oct 2006 12:39 - 36 of 481

interestingly high volumes ..... average for last 3 months is 13 million .... already 18 million traded and sp ticking upwards ...... worth keeping your eye on, though we have been here before in recent months and sp significantly higher

gbrown100 - 25 Oct 2006 13:35 - 37 of 481

I bought in at 14p and regretted it. It seems that Wimax hasn't set the world alight and I can't think of anything else positive that could really send the shares soaring other than a takeover bid. I am not aware of anyone fishing right now though.

2517GEORGE - 25 Oct 2006 13:51 - 38 of 481

gbrown100---------I have bought and sold these several times from an sp as low as 4.84p and have done extremely well from them, my last purchase was @ -12p. I've not seen too much comment recently re wi-max, but I do believe it will prove profitable over time, patience is required for wi-max. However the prospect of a takeover is always a possibility, I see Demon has been put up for sale by Thus, I have no idea how Demon compares to PXC but the major telco's have been active in this area, and PXC would give critical mass + the licence for wi-max. On top of this PXC are bedding down their own recent acquisitions. --------- I would never buy for purely t/o rumours.
2517

potatohead - 25 Oct 2006 13:52 - 39 of 481

Todays Daily Express

Drug discovery firm EiRx Therapeutics was steady at 0.28 amid speculation it was set to receive two milestone payments.

2517GEORGE - 09 Nov 2006 14:03 - 40 of 481

SP holding up well considering the 69m share sale @ 11.5p each, by non-ex recently.
2517

desklighting - 16 Nov 2006 20:06 - 41 of 481

http://business.guardian.co.uk/marketforces/story/0,,1949048,00.html

Among the minnows, broadband business Plusnet added 1.75p to 207.75p as BT agreed to buy the company for 67m or 210p a share. Analysts said the news was positive for rival Pipex, with Dresdner Kleinwort setting a 13.10p price target on the shares on hopes it too may be bought. Pipex added was steady at 12.25p.

come on pxc 16-24 pm imho

EWRobson - 27 Nov 2006 20:47 - 42 of 481

Just taking a look at PXC on the back of the quite positive article in Shares. Surprised to see no comment. Wireless field looks interesting with first commercial moves in next six months? Difficult to evaluate potential - any thoughts?

Eric

cynic - 27 Nov 2006 22:44 - 43 of 481

i held this share for quite a while, ultimately got very bored and tookm my modest profit ..... however, having now experienced at first hand their appalling customer service, i have no intention of venturing back in, for assuredly such incompetence is a reflection of the management

skyhigh - 27 Nov 2006 23:03 - 44 of 481

I'm just waiting for the next spike before getting out..

EWRobson - 27 Nov 2006 23:43 - 45 of 481

Thanks, cynic - I know you are an honest man being a golfer!

zscrooge - 28 Nov 2006 18:17 - 46 of 481

cynic - LOL. I'm sure Pipex will miss you. Dubens is shrewd, managment solid.
Bored traders never make real money. Happily, spivs usually prefer such notables as EVS, SEO and the like.
PXC has been a perfect trading share for several years but also offers long term investor possibilities.

cynic - 28 Nov 2006 19:55 - 47 of 481

Dubens may be shrewd, but believe me, the attitude and competence of those at the coal-face is a reflection of the management ...... imo, this share is not be bought on fundamentals

gbrown100 - 29 Nov 2006 14:21 - 48 of 481

I would agree that Pipex have real issues with their support and customer services. They seem to be having difficulty in fully integrating all of the companies that they have purchased. I am both hearing and experiencing this a lot and yet so far their subscriber figures seem to be going from strength to strength - I assume that this is mainly due to the acquistions.

zscrooge - 29 Nov 2006 14:47 - 49 of 481

cynic - 28 Nov 2006 19:55 - 47 of 48
imo, this share is not be bought on fundamentals

dyor on the financial fundamentals - seem pretty secure to me

queen1 - 29 Nov 2006 19:52 - 50 of 481

I would tend to agree zscrooge.

2517GEORGE - 01 Dec 2006 14:36 - 51 of 481

Having a good day--------so far.
2517

cynic - 01 Dec 2006 15:13 - 52 of 481

if the fundamentals to not stack up, then share should prob not be bought at all ...... old adage that one never buys a share just on t/o possibilites

jimward9 - 08 Jan 2007 12:05 - 53 of 481

UBS took another 31.7 million shares, what do they know that we don't !
can see these over 14p this week

cynic - 08 Jan 2007 12:34 - 54 of 481

watched go up before, and then come all the way back down again ..... PXC ought to be a t/o target, but nothing ever seems to materialise ..... this has been the case for at least the last 2 years

2517GEORGE - 08 Jan 2007 12:35 - 55 of 481

Been in and out of these several times over the last 3-4 years netting a decent profit on the way, I finally got bored with my holding on friday and sold, the proceeds I put into APN @ <11p, atm it's looking a good move. Good luck to PXC holders I may re-visit if an opportunity arises.
2517

jimward9 - 22 Feb 2007 10:09 - 56 of 481

This stock is in a clear uptrend, now after the dip these last 2 weeks i can see these up 10% in the next 2. I feel a nice large CFD is in order today.

cynic - 22 Feb 2007 10:37 - 57 of 481

find it very difficult to get at all enthusiastic over this badly run company ...... have made modest money from the shares in the past ..... alleged hopes of t/o have yet to materialise, though they have floated around for at least the last 2 years ...... am i really so lacking in other ideas where to put my funds just relased from the sale of CSR that this is the best i can do? ...... hope not!

skyhigh - 22 Feb 2007 11:09 - 58 of 481

Cynic, agree with you.. sp progress is like watching paint dry but a 1000 times worse ! However, I think I prefer to be in PXC rather than out, particularly with results due early April...

For other shares to get into you might want to look at (that I'm in amongst others) are :
ACC,
ARC,
FFA,
HMB,
MVW,
MLR,
All IMHO and dyor of course. Be interested to know what others you are considering and what you eventually go into - cheers!

IGH

cynic - 22 Feb 2007 11:17 - 59 of 481

skyhigh ... to save me trawling, which of your list have cap greater than 10m? ..... for starters, you might like to think of shorting BFC .... have a look at the thread for logic

Falcothou - 22 Feb 2007 11:53 - 60 of 481

Spoke to a pipex employee at w/e . Had not heard of any t/o as yet

cynic - 22 Feb 2007 12:07 - 61 of 481

did not say there was one in the offing ..... it's just an almost premanent rumour .... employees are often the lsat to know .... best source is usually the post boy or van driver (i joke not)

2517GEORGE - 22 Feb 2007 12:25 - 62 of 481

Or somebody high up ....like a crane driver.
2517

cynic - 22 Feb 2007 12:43 - 63 of 481

well he'ld at least see everything!

Falcothou - 22 Feb 2007 13:25 - 64 of 481

Vodaphone seem to be quite excited about the prospects of Wimax. Might be some work for the crane driver as well installing base stations and ripping out obsolete 3G

zscrooge - 22 Feb 2007 14:47 - 65 of 481

A few bits and pieces for anyone serious

For more on Vodaphone
http://wireless.seekingalpha.com/article/27329

More on wimax
http://www.pcadvisor.co.uk/news/index.cfm?newsid=8444

golman sachs increasing recently

FT stuff
http://mwprices.ft.com/custom/ft2-com/html-qcn-consensus.asp?region=&subtab=2&industry=&q=PXC&s2=uk&extelID=&ticker=UK%3APXC&countrycode=uk&sid=182572&symb=PXC&selected=Pipex+Comm&company=NEW∈=&sedol=&ftep=&FTSite=FTCOM&country=UK

Wed Feb 21 02:01:44 2007 EST

LONDON (AFX) - Sir Michael Rake, chairman designate of BT Group PLC, is
willing to look at the case for increasing gearing at the UK's leading telecoms
group to fund future acquisitions, says the Financial Times, citing an interview
with Rake.
The current chairman of accountancy group KPMG told the paper that he
predicted the company would make more acquisitions to cater for the telecom and
IT needs of multinational corporations.
He told the FT that higher borrowing would be appropriate if 'that fits
the strategy of BT and fits the particular circumstances of the
acquisition.'
alexander.ferguson@thomson.com
af/rar

jimward9 - 23 Feb 2007 12:11 - 66 of 481

found this on another bb cannot find it posted on here looks good to me !

Pipex Communications PLC
16 January 2007

Pipex Communications plc

Trading Update

Pipex Communications plc (PXC), a major provider of integrated
telecommunications and internet solutions including broadband, voice, domain
name registrations and hosting, is pleased to report that trading for 2006 is in
line with market expectations.

Revenues have increased by 122% year-on-year, principally due to the acquisition
of Homecall in March and the later acquisitions of the Bulldog customer base in
September and Toucan in October. Overall, the gross margin was 37.9% for the
year.

In the broadband and voice division, we have seen an increase in those customers
taking multiple services, with the average number of services per customer
increasing from 1.05 to 1.74 over the year. This is reflected in the
improvement in ARPU over the same period from 23.00 to 24.70, despite
aggressive price competition in broadband. At the end of December the Group had
570,000 broadband customers, reflecting underlying growth after having made a
significant downward adjustment to the number of Bulldog customers acquired,
which is being reflected in a lower purchase consideration. Despite this
adjustment, the management remains pleased with the acquisition, and all three
acquisitions are integrating well.

Pipex's local loop unbundling programme is progressing well with our first 100
exchanges due to be completed by the end of the first quarter 2007 and the
second phase, comprising an additional 75 exchanges, planned to be finished by
the end of the year. Customer migration onto the unbundled exchanges is in line
with expectations, with 20,000 customers transferred by the end of 2006.

Pipex continues to be the largest shared and dedicated hosting business in the
UK, as researched by Netcraft, and the sixth largest in the world. In total,
Pipex had over 330,000 hosting customers at the end of the year, an increase of
15% over the period. Domain name registrations have also grown strongly with an
increase of 35% in the year to over 1.7m domains. This division continues to
enjoy strong margins and cash flow. Within the next 6 weeks the Company expects
to open its newly built state-of-the-art data centre in Cologne. This provides
20,000 square feet of data centre capacity which will come on-stream in 3 phases
to meet demand.

Pipex Wireless delivered its first end-to-end WiMAX services in Milton Keynes in
December 2006. In line with plan, volume customer acquisition will start
towards the end of this month. The business has initiated work on a second
WiMAX deployment in Warwick in conjunction with Intel Solutions Services,
National Grid Wireless and Warwick District Council with a service launch date
scheduled for June 2007.

The outlook for the business remains favourable. Underlying growth in the
broadband business is encouraging for 2007, and the hosting business should
continue to benefit from the increasing levels of internet activity driving the
need for further and more complex hosting. The positive results emanating from
our WiMAX trials underpin our confidence in the Wireless business model.

We will update the market more fully at the preliminary results, which will be
announced on 17 April 2007.

And they now claim to have over 1 million customers ( Feb 07 ) up another 100000 from Jan 07
http://www.pipexgroup.com/pg.asp?home

Troys - 10 Mar 2007 14:14 - 67 of 481

...Crean reckons Admiral's earnings per share will increase threefold by 2011.Among the small caps, a late flurry of buying saw Pipex, the broadband internet group, rise 14.3 per cent to 14p. Traders pinned the rise on rumours of a bid from a telecoms company...

Mar 09 2007, By Neil Hume and Robert Orr, FT.com site http://search.ft.com/search?queryText=pipex&aje=true&dse=&dsz=

cynic - 10 Mar 2007 15:27 - 68 of 481

perhaps it will be true this time! .... if so, dare say bid will be closer to 18

Troys - 10 Mar 2007 17:01 - 69 of 481

And the rest I hope cynic. How do we value Wi-Max?

cynic - 10 Mar 2007 17:03 - 70 of 481

to be honest, had PXC for quite a while and ultimately got bored with them and have not followed since

Troys - 10 Mar 2007 19:04 - 71 of 481

Agreed cynic. This has been very slow

DSTOREY9916 - 18 Mar 2007 11:32 - 72 of 481

Pipex deal in the pipeline

We first advised readers to look at Pipex (13.5p), the UK's sixth largest broadband supplier, in May 2004 when the shares were changing hands at 9p.

Three years later, after several acquisitions and a cheeky advertising campaign fronted by Baywatch star David Hasselhoff, the value of our holding has increased by about 50 per cent.

But there could be further upside. Pipex is for sale, with UBS managing the process. Analysts estimate a sale price of between 16p and 22p with BSkyB, BT, Carphone Warehouse, France Telecom and Tiscali all considered potential buyers.

Aside from cheap calls and broadband, Pipex has a licence to run a national wireless broadband network. The joint venture with Intel is still at trial stage but is likely to interest BT, which is trying to reclaim a piece of the mobile telephony market.

A deal could be weeks away. There is speculation that talks are in advanced stages with one bidder and UBS has come on board to flush out rival offers.

Should the sale drag on, investment bank Bryan, Garnier & Co has set a target price of 25.7p. Pipex has strong backing from analysts, and is continuing to benefit from the Hoff's pulling power.

But a sale is likely sooner or later - hold out for the deal.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/03/18/cxequit18.xml

skyhigh - 18 Mar 2007 20:01 - 73 of 481

Nice post.. thanks for the info..I'm holding for the time being.

cynic - 19 Mar 2007 13:36 - 74 of 481

certainly hefty traffic here today and have just bought in the vain or vague hope that this time a t/o will actually materialise ..... just for info, there were 400k on offer at 14 and no, i did not plunge in that deeply!

cynic - 19 Mar 2007 14:28 - 75 of 481

buys currently outnmbering sells by about 7:4

Big Ted - 21 Mar 2007 08:45 - 76 of 481

Timed this one well for a change, got in 2 days ago...

LONDON (AFX) - Virgin Media and BT have emerged as surprise frontrunners for broadband provider Pipex Communications PLC, which put itself up for sale last week, reports the Telegraph, without citing sources.

Both companies are believed to have made significant approaches for the group, the paper says.

Pipex's adviser, UBS AG, is believed to have asked for first-round bids for the business by Friday. alexander.ferguson@thomson.com af/jr

cynic - 21 Mar 2007 08:48 - 77 of 481

please can someone clarify .... i had heard that it was only the broadband part that was up for auction on friday

robertalexander - 21 Mar 2007 09:31 - 78 of 481

what price [sp] do people think for the sale?

scotinvestor - 21 Mar 2007 11:23 - 79 of 481

minimum 17p..............25p if bidding war

Shareshop - 21 Mar 2007 14:22 - 80 of 481

I have just bought 660000 shares @ 14.95p

cobras - 21 Mar 2007 15:31 - 81 of 481

HELLO GUYS HOW MUCH THIS ONE IS GOING TO GO UP TO

skyhigh - 21 Mar 2007 15:32 - 82 of 481

should, although not certain, be a further hike up in the sp in the next few days as PXC is bound to get positive mentions in shares mag and IC this week.

skyhigh - 21 Mar 2007 15:32 - 83 of 481

20p+ I reckon

jimward9 - 21 Mar 2007 15:41 - 84 of 481

I would tip the first offer to come on friday at about 17.5p, then the bidding war to start and get to > 22p
and BT to win it !

cynic - 21 Mar 2007 15:44 - 85 of 481

hope it is anything north of 17p as have just doubled up using some of the proceeds of my TAN sale

Shareshop - 21 Mar 2007 16:11 - 86 of 481

I reckon 20p plus

neil777 - 21 Mar 2007 16:28 - 87 of 481

Got in @15p after taking a tasty profit from SIT.
20p would be nice!

scotinvestor - 22 Mar 2007 15:40 - 88 of 481

waken up.

we've waited 3 or 4 years for this and now no comments

neil777 - 22 Mar 2007 15:45 - 89 of 481

I think everyone's fixed to the screen!

israelgold - 22 Mar 2007 15:46 - 90 of 481

I guess noone knows where it will go to.

2517GEORGE - 22 Mar 2007 15:54 - 91 of 481

I was going to post earlier but didn't want to put the K of D on it, I sold mine back along but still look out of curiosity, well done long term holders it looks as if you're patience is going to be rewarded. Good luck.
2517

scotinvestor - 22 Mar 2007 15:55 - 92 of 481

thanks george

what a nice message.........theres many bitter people on other threads i find when others succeed

hope u made a tidy profit

2517GEORGE - 22 Mar 2007 16:08 - 93 of 481

scotinvestor---------I first bought these @ 4.84 when they were GX Networks and @7 & 8p so I have done well. My school reports used to say 'could do better' no doubt my investment reports would say the same ha!ha! and 'you pays your money and takes your chance'
2517

jimward9 - 22 Mar 2007 16:43 - 94 of 481

208 million traded, 100 mill in last hour roll on 8.00 am

Big Ted - 22 Mar 2007 16:46 - 95 of 481

can anyone shed some light on the late trades showing as sells, its a hefty amount, i realise the codes, ie worked trade etc, but how does that work...? and is the small c, ...uncrossed trade...?

woody57 - 22 Mar 2007 17:05 - 96 of 481

All very positive love to to have a whisper about MR DUBENS next venture,or why he needed to sell .To fund what ???????????.jim first poster?

cynic - 22 Mar 2007 17:34 - 97 of 481

as i understand it, tomorrow's bids are only for the internet segmentr of PXC and not the whole

woody57 - 22 Mar 2007 17:52 - 98 of 481

HI Cynic sorry but i cant see the price being ,say 20p ,for just the Internet part of Pipex its Wimax they all want ,if even to stop the other having it. jim

cynic - 22 Mar 2007 17:54 - 99 of 481

don't ask me what sp will be ..... i am just telling you what i am pretty certain what tomorrow's opening bids are for ..... i also understand that Virgin Media are the aggressive front runner.

sp will reflect what tomorrow's bids bring + what is perceived as the value of the balance

Falcothou - 22 Mar 2007 18:39 - 100 of 481

Here's hoping there's a battle of egos between sky and virgin

zscrooge - 22 Mar 2007 19:12 - 101 of 481

2517GEORGE - 22 Mar 2007 16:08 - 93 of 100
scotinvestor---------I first bought these @ 4.84 when they were GX Networks and @7 & 8p so I have done well. My school reports used to say 'could do better' no doubt my investment reports would say the same ha!ha! and 'you pays your money and takes your chance'
2517

Likewise but still in. ;-)

PARKIN - 22 Mar 2007 20:33 - 102 of 481

WHO CARES !
WAY I FEEL@ MOMENT JUST GET ON WITH IT

Marcel1970 - 23 Mar 2007 07:06 - 103 of 481

Daily Mail reports Virgin Media is favourite to get Pipex

cynic - 23 Mar 2007 07:19 - 104 of 481

confess i am still very confused ..... press seems to indicate WHOLE PXC being bid for today, but other good sources say it is only the internet side leaving the broadband and WiFi sections still to be bid for

neil777 - 23 Mar 2007 07:30 - 105 of 481

Morning all
D' day today,

Marcel1970 - 23 Mar 2007 08:07 - 106 of 481

What time today will will find out?

cynic - 23 Mar 2007 08:09 - 107 of 481

i think after hours .... on that basis, would not be too surprised to see sp slacken of a bit today as some lock in their profits ..... my own view is that these first bids will be exactly that

Falcothou - 23 Mar 2007 12:31 - 108 of 481

Anyone know the significance of Paragon's convertible bond does this give them first share of the pie ?

Marcel1970 - 23 Mar 2007 16:33 - 109 of 481

Anyone know when an rns is due with the opening bidders

cynic - 23 Mar 2007 16:35 - 110 of 481

strewth! give the markets time to close .... lol!

Marcel1970 - 23 Mar 2007 16:37 - 111 of 481

Im excited!

Falcothou - 24 Mar 2007 09:37 - 112 of 481

http://business.timesonline.co.uk/tol/business/industry_sectors/telecoms/article1560539.ece

cynic - 24 Mar 2007 09:52 - 113 of 481

Thanks Falco ...... here below a transcript of same ...... not sure how this is available on the internet when seemingly appearing in tomorrow's sunday times though dated today (saturday), but life is full of strangeness ..... if this story is true and that is indeed what BT are offering and that the cap figure shown on this site is accurate (323.59m) , then that would appear to put a premium of about 25% on last night's closing price - i.e. 20/21p ...... i guess there would also be a reasonable chance of a bidding war, but no doubt the press tomorrow and Monday will have more to say on the issue

The Sunday TimesMarch 24, 2007

BT secures regulatory approval for possible 407m Pipex tie-upElizabeth Judge
BT has secured regulatory approval for a tie-up with Pipex, it emerged yesterday, as it joined a group of bidders tabling offers for the 407 million broadband player.

The telecoms giant, whose efforts to secure the UK division of AOL last year, were scuppered by regulatory concerns, has approached regulators for tentative approval for any tie-up.

The group is understood to be among a slew of interested parties, including Carphone Warehouse, BSkyB and Virgin Media, who have tabled initial offers to UBS, Pipexs adviser.

Tiscali and Orange are also thought to be circling Pipex.

The sale of the business, which has more than 570,000 broadband customers, is being conducted on a break-up basis.

As well as offering broadband services to consumers and small businesses Pipex, whose brands include Freedom2 Surf, provides internet hosting services. It also has a Wi-Max venture with Intel.

Analysts said that bidders could be deterred by the difficulty, and cost, of integrating Pipexs broadband customers into their own businesses.

Pipex has been built up through a series of acquisitions during several years.

The group, chaired by Peter Dubens, the entrepreneur, has long been regarded as a sale candidate. As competition in the high-speed internet sector intensifies, big-name players are seeking to maximise returns on infrastructure by scaling up their customer bases.

Pipexs move to exit now is thought to have been triggered in part by its unwillingness to keep up with the big name players crowding the high street by ploughing money into advertising and such areas.

BT and Virgin Media, for whom a successful bid for Pipex would mark a first move into DSL broadband, are at the top of the broadband market.

Analysts value Pipex between 9p and 19.5 p a share, depending on the value ascribed to its nascent Wi-Max venture.

Some have questioned why players such as BT, which looked over the business last year, would be willing to pay a higher price now. BT is being advised by Merrill Lynch.

The competition in broadband has already forced several players out of the market.

Last year the UK arm of AOL was snapped up for 370 million by Carphone Warehouse. In September Pipex, which has been amassed from the acquisition of about 14 businesses, bought Cable & Wirelesss Bulldog customer base for 12 million.Industry experts believe the market will eventually be whittled down to three or four major players, including BT.

zscrooge - 24 Mar 2007 16:21 - 114 of 481

This was in The Times today and the 9-19p is a misprint.

Falcothou - 25 Mar 2007 09:31 - 115 of 481

Can't find any clues in Sunday papers so guess have to wait til possible RNS tomorrow

dengsy - 25 Mar 2007 15:28 - 116 of 481

This looks kind of interesting, any thought anyone?

From The Sunday TimesMarch 25, 2007

Web intrigue in spy case
Dominic Prince

PIPEX, the 300m quoted internet provider that put itself up for sale last week, has become embroiled in a legal action by arch rival Rackspace, a US-owned London web-hosting business, alleging industrial espionage.

The case centres on former Rackspace managing director Dominic Monkhouse, 40, who left the company last July to head Web Fusion, the web-hosting division of Pipex.

Pipex has suspended him and Rackspace has sacked one of its women employees, with whom Monkhouse is alleged to have had a relationship. He has given court undertakings not to disclose any information before a court hearing.

The woman at Rackspace was accused of passing information to Monkhouse after he joined Pipex. That material concerned tenders, bids, and product pricing, according to insiders.

Monkhouse is a well-known figure and has lectured, spoken at conferences and written articles about the business. Former colleagues expressed surprise at the allegations against him. One said: Youll find that he is spending rather a lot of time skiing at the moment and not much time at his desk.

A Rackspace spokesman said: Rackspace commenced legal proceedings to protect its confidential information with the result that Dominic Monkhouse has given undertakings to the court not to use or disclose any such information pending the trial of this action. The proceedings are continuing.

Rackspace had taken action against Pipex but Rackspaces lawyers, Stevens & Bolton, said: The proceedings against Pipex have been settled. They refused to say on what terms the settlement with Pipex was made.

A spokesman for Pipex said: Dominic Monkhouse is in discussions with his former employer. All information regarding any issues arising from this are subject to restrictions under disclosure. At this time Pipex is not party to the discussions and has no involvement in the issue. As such, we cannot make any comments on the validity of any claims in the public domain.

Rackspace is by far the smaller of the two companies but is growing at a ferocious rate. In the last set of filed accounts it increased its turnover by more than 90% to 16.1m and made after-tax profits of 2.1m. The number of employees has shot up from only four when Monkhouse joined, to more than 100 when he left.

It will be a relief to Pipex boss Peter Dubens and shareholders that Pipex is no longer involved in litigation. Pipex put itself up for sale, with UBS advising on bids, after interest from Richard Bransons Virgin Media Group, formerly NTL.

Last night Monkhouse could not be reached for comment.

zscrooge - 25 Mar 2007 16:05 - 117 of 481

that Pipex is no longer involved in litigation is all we need to know.

http://thehermesproject.blogspot.com/2007/03/bt-gets-approval-to-acquire-pipex.html

http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=418750&in_page_id=3

cynic - 25 Mar 2007 19:03 - 118 of 481

i am sure much, though not all, will be revealed tomorrow .... my own suspicions are that there could be an extended fight for PXC presenting investors with the enjoyable conundrum as to when to bank profits

neil777 - 26 Mar 2007 09:46 - 119 of 481

No news, is this normal!

cynic - 26 Mar 2007 10:26 - 120 of 481

it's marginally disconcerting for sure ..... anyway, i have still banked on a positive result and have bought again this morning

Shareshop - 26 Mar 2007 11:59 - 121 of 481

Still No News - Whats happening

neil777 - 26 Mar 2007 12:17 - 122 of 481

I found a snippet on thisismoney website dated 25th but apart from that nowt.

gordon geko - 26 Mar 2007 12:27 - 123 of 481

have a look at Brightview (BRV) next one to be taken out after pipex ????
suggested value is 300 per broadband subsciber does this sound about right ???

zscrooge - 26 Mar 2007 12:36 - 124 of 481

Disclosure not needed for between 3/5 days. Plenty of time to relieve pi's of their shares.

Shareshop - 26 Mar 2007 14:33 - 125 of 481

Lots of Selling

cynic - 26 Mar 2007 14:38 - 126 of 481

it will be on the basis that delayed news is often not good ..... with E&P companies it is invariably bad ...... in this instance, i do not think it actually anything untoward, though it would be "good manners" for PXC to make some sort of statement, even if it is only that the various bids are being evaluated or similar

cynic - 26 Mar 2007 15:30 - 127 of 481

"my man" in the market suggests that though the bids may be with PXC, they may not release anything for up to a couple of weeks .... how valid a view that is, i have no way of evaluating

Shareshop - 27 Mar 2007 12:17 - 128 of 481

Must be some news out there or rumours?

2517GEORGE - 27 Mar 2007 12:31 - 129 of 481

Lehman Bros no longer have an interest, they wouldn't have sold if the prospect of a higher price (a bid ) were imminent, would they?
2517

Shareshop - 27 Mar 2007 12:51 - 130 of 481

Big sales in morning & big purchases in afternoon - Dont know what to think

818,750 16.38p 5,000,000 11:06 Unknown X
165,399 16.25p 1,017,842 08:11 Sell AT
165,000 16.50p 1,000,000 12:11 Buy AT
165,000 16.50p 1,000,000 12:11 Buy AT
136,602 16.50p 827,892 12:11 Buy AT
41,250 16.50p 250,000 12:11 Buy AT
40,625 16.25p 250,000 08:11 Sell AT
40,625 16.25p 250,000 08:11 Sell AT
39,986 16.50p 242,372 12:04 Buy O
36,648 16.50p 222,108 12:11 Buy AT
33,000 16.50p 200,000 12:11 Buy AT
32,860 16.43p 200,000 09:47 Buy O

israelgold - 27 Mar 2007 13:16 - 131 of 481

not if they made a good profit and want to move on to something else but ubs are still in there as a big holder.

cynic - 27 Mar 2007 14:50 - 132 of 481

i am very happy to stay put though distinctly overweight ..... we know bids have been tabled, and sooner or later (latest 10 days?) all will be revealed ..... i still think this will leave the WiMax and another piece (forget which) to sell off

Falcothou - 27 Mar 2007 15:19 - 133 of 481

Just had a look at Plusnet (PNT) which got to 207 without any auction

hlyeo98 - 18 Jul 2006 19:26

neil777 - 27 Mar 2007 16:51 - 134 of 481

If there is one thing this game teaches, it's patience!

Marcel1970 - 28 Mar 2007 08:38 - 135 of 481

Seem's tobe a lot of people getting cold feet!!!

2517GEORGE - 28 Mar 2007 08:50 - 136 of 481

Marcel-------Never be afraid to take a profit.
2517

Marcel1970 - 28 Mar 2007 09:40 - 137 of 481

That's if they have all made a profit!!!

Shareshop - 28 Mar 2007 09:44 - 138 of 481

BT Gains Regulator Approval For Pipex Bid

Shareshop - 28 Mar 2007 09:49 - 139 of 481

I think the shares are still good buy
My Target is 20-22p

2517GEORGE - 28 Mar 2007 10:26 - 140 of 481

I hope you get the price you want but BT won't overpay, the best scenario would be a bidding war with 3 participants. Good luck.
2517

dengsy - 28 Mar 2007 14:25 - 141 of 481

UBS AG (EPT)
28 March 2007

FORM 38.5(a)

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS

WITH RECOGNISED INTERMEDIARY STATUS

DEALING IN A CLIENT-SERVING CAPACITY

(Rule 38.5(a) of the Takeover Code)

1. KEY INFORMATION

Name of exempt principal trader UBS AG London Branch
Company dealt in Pipex Communications Plc
Class of relevant security to which the Ord 1p
dealings being disclosed relate (Note 1)
Date of dealing 27 MARCH 2007

2. DEALINGS (Note 2)

(a) Purchases and sales

Total number of securities Highest price paid Lowest price paid
purchased (Note 3) (Note 3)

159,142 16.4917 Pence 16.4917 Pence

Total number of securities Highest price received Lowest price received
sold (Note 3) (Note 3)

- - -

(b) Derivatives transactions (other than options)

Product name, Long/short Number of securities Price per unit
e.g. CFD (Note 4) (Note 5) (Note 3)

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product Writing, Number of Exercise Type, e.g. Expiry date Option
name,e.g selling, securities price American, moneypaid/received
call purchasing, to which the European etc. per unit (Note 3)
option varying etc option
relates
(Note 5)

(ii) Exercising

Product name, e.g. Number of securities Exercise price per unit
call option (Note 3)

3. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person
disclosing and any other person relating to the voting rights of any relevant
securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any
derivative referred to on this form is referenced. If none, this should be
stated.

..............................................................................

..............................................................................

Date of disclosure 28 MARCH 2007
Contact name NIMISHA SACHDEV
Telephone number 020 7568 9289
Name of offeree/offeror with which Pipex Communications Plc
connected
Nature of connection (Note 6) CONNECTED ADVISER

Notes

The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk

This information is provided by RNS
The company news service from the London Stock Exchange

Marcel1970 - 28 Mar 2007 14:35 - 142 of 481

What does it mean?

dengsy - 28 Mar 2007 14:42 - 143 of 481

UBS AG (EPT) dealing in Pipex's shares. 159,142 shares purchased.

Not a very significant amount though. found it in FT's website.

cynic - 28 Mar 2007 15:00 - 144 of 481

an irrelevance ..... a little more patience required, tiresome as it may be, though if i get very very greedy and sp falls much more, i may buy yet more for downside is negligible to nil (imo of course!)

Shareshop - 29 Mar 2007 14:27 - 145 of 481

No news again today - How much longer

Marcel1970 - 29 Mar 2007 14:38 - 146 of 481

I know is painful.

cynic - 29 Mar 2007 14:50 - 147 of 481

for goodness sake! ..... what's the panic? .... all in good time .... would not be remotely surprised to see nothing until just after Easter

Shareshop - 29 Mar 2007 14:54 - 148 of 481

These are first lot of share I have ever bought The books didnt tell me it would be this painful

cynic - 29 Mar 2007 15:02 - 149 of 481

why painful? .... it's merely a bit of patience required .... just think of the wait as a bit of pleasurable foreplay; sit back and enjoy!

micky468 - 29 Mar 2007 15:08 - 150 of 481

cynic you old dog still enjoying ha

neil777 - 29 Mar 2007 15:11 - 151 of 481

tick tick ticking away the moments that make up a dull day!
10 points for track name and artist ???????

cynic - 29 Mar 2007 15:13 - 152 of 481

sorry, but too busy enjoying the foreplay .... lol!

neil777 - 29 Mar 2007 15:22 - 153 of 481

Keep it up cynic!

cynic - 29 Mar 2007 15:26 - 154 of 481

not difficult, and no i need neither splint nor chemicals!

neil777 - 29 Mar 2007 15:46 - 155 of 481

Ok
I see where your coming from.

This could go on for ever ;o)

Falcothou - 29 Mar 2007 16:46 - 156 of 481

This isn't an ssl thread is it ?

cynic - 29 Mar 2007 16:50 - 157 of 481

why should durex be necessary? ..... vasectomy is truly failsafe

Shareshop - 30 Mar 2007 13:46 - 158 of 481

WHAT DOES THIS MEAN GUYS

D E Shaw & Co LP
29 March 2007

FORM 8.3

DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE

(Rule 8.3 of the City Code on Takeovers and Mergers)

1. KEY INFORMATION

Name of person dealing (Note 1) D. E. Shaw & Co., L.P.
Company dealt in Pipex Communications Plc
Class of relevant security to which the dealings 1p Ordinary
being disclosed relate (Note 2)
Date of dealing March 28, 2007

2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

Long Short
Number (%) Number (%)
(1) Relevant securities
(2) Derivatives (other than 29,278,837 1.22% 5,535,299 0.23%
options)
(3) Options and agreements to
purchase/sell
Total 29,278,837 1.22% 5,535,299 0.23%

(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)

Class of relevant security: Long Short

Convertible Bonds due 2011
Number (%) Number (%)
(1) Relevant securities
(2) Derivatives (other than 5,000,000 5.46%
options)
(3) Options and agreements to
purchase/sell
Total 5,000,000 5.46%

(c) Rights to subscribe (Note 3)

Class of relevant security: Details

3. DEALINGS (Note 4)

(a) Purchases and sales

Purchase/sale Number of securities Price per unit (Note 5)

(b) Derivatives transactions (other than options)

Product name, e.g. Long/short (Note 6) Number of securities Price per unit
CFD (Note 7) (Note 5)

Swap Short 109,435 0.1625

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product Writing, Number of Exercise Type, e.g. Expiry Option
name,e.g. selling, securities price American, date money paid/
call purchasing, to which European received
option varying etc. the option etc. per unit
relates (Note 5)
(Note 7)

(ii) Exercising

Product name, e.g. Number of securities Exercise price per unit (Note 5)
call option

(d) Other dealings (including new securities) (Note 4)

Nature of transaction (Note 8) Details Price per unit (if
applicable) (Note 5)

4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person
disclosing and any other person relating to the voting rights of any relevant
securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any
derivative referred to on this form is referenced. If none, this should be
stated.

None...........................................................................
..............................................................................

Is a Supplemental Form 8 attached? (Note 9)
NO

Date of disclosure March 29, 2007

Contact name Stephen Back (Compliance
Department)

Telephone number +1 212 478-0000

If a connected EFM, name of offeree/offeror with N/A
which connected
If a connected EFM, state nature of connection N/A
(Note 10)

Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk

cynic - 30 Mar 2007 15:55 - 159 of 481

mistral ..... i have no doubt at all that a deal is all but done .... whether or not it is with the company you suggest remains to be seen ...... for my part, i shall be interested to see if any deal is for 100% of PXC or just the main bits leaving WiMax and "something else" to flog on elsewhere

micky468 - 30 Mar 2007 16:01 - 160 of 481

i read some were that it was for the lot cynic but can't think were sorry and i think
we will get the news out today........... thats wt i think!! or by April 5

cynic - 30 Mar 2007 16:08 - 161 of 481

as at the Windmill, all will be revealed in the end!

Falcothou - 01 Apr 2007 12:35 - 162 of 481

Just heard on the grapevine that pipex is in fact going to do a reverse takeover backed by private equity and acquire Vodaphone

dengsy - 01 Apr 2007 13:27 - 163 of 481

From The TimesMarch 31, 2007

BSkyB retreats from bidding for PipexElizabeth Judge
BSkyB has pulled out of the bidding for Pipex, the 383 million broadband internet player, in a move that could ease price tension for the asset.

It is understood that Sky which was last year a lead contender for the UK base of AOL did not submit a formal expression of interest for Pipex.

Instead, it is thought to be focusing instead on its organic growth and is not expected to enter the auction at a later stage.

Virgin Media, which has been named as a lead bidder for the asset, is also believed to have cooled on the idea. It is understood that Virgin is no longer involved in the process for the groups main consumer broadband base.

Pipex, one of the last remaining independent broadband bases, was formally put up for sale this month. Speculation about a possible sale had circulated for some time.

Among a slew of interested parties named at the time were Virgin Media, Carphone Warehouse and BT.

It is understood that the sale of the business, which has more than 570,000 broadband customers, is being conducted on a break-up basis.

As well as offering broadband services to consumers and small businesses Pipex, whose brands include Freedom2 Surf, provides internet hosting services. It also has a Wi-Max venture with Intel.

Analysts have said that bidders could be deterred by the difficulty, and cost, of integrating Pipex's broadband customers into their own businesses.

Pipex has been built up through a series of acquisitions during several years.

The group, chaired by Peter Dubens, the entrepreneur, has long been regarded as a sale candidate. As competition in the high-speed internet sector intensifies, big-name players are seeking to maximise returns on infrastructure by scaling up their customer bases.

The competition in broadband has already forced several players out of the market.

Last year, the UK arm of AOL was snapped up for 370 million by Carphone Warehouse. In September, Pipex, which has been amassed from the acquisition of about 14 businesses, bought Cable & Wirelesss Bulldog customer base for 12 million. Industry experts believe the market will eventually be whittled down to three or four major players, including BT.

Marcel1970 - 02 Apr 2007 08:05 - 164 of 481

Anyone know whats going on?

skyhigh - 02 Apr 2007 08:09 - 165 of 481

the big players are thought to be cool on the idea of bidding for PXC,
The above post nicely explains.

I'm holding out for the time being..sp might strengthen later on (imo)

cynic - 02 Apr 2007 08:21 - 166 of 481

lots of rumour and counter-rumour flying about ..... however, it is undisputable that PXC is for sale ...... am already o'weight but tempted to buy further

Shareshop - 02 Apr 2007 09:32 - 167 of 481

Pipex down 10% plus big sells

cynic - 02 Apr 2007 09:35 - 168 of 481

and your point is? ....... it is as undisputable that PXC is for sale that there is also a lot of very short term money invested

Marcel1970 - 02 Apr 2007 10:02 - 169 of 481

I Agree with cynic lots of T10 will be forced to close there deals out today

Shareshop - 02 Apr 2007 10:36 - 170 of 481

I was just hoping to hear something about the takeover & SP will go up this week.

cynic - 02 Apr 2007 10:42 - 171 of 481

join the crowd! ...... suspect nothing until after close on Thursday - i.e. start of long w/e .... don't think it is relevant that Friday is not a formal b/h in either US or Europe

Shareshop - 02 Apr 2007 10:43 - 172 of 481

From the Mail on Sunday

Favourites Log Out of Pipex Deal
TWO frontrunners to buy broadband firm Pipex have dropped out of the auction, throwing into doubt the price that entrepreneur Peter Dubens can win for his internet empire.

Cable giant Virgin Media withdrew over concerns about regulatory challenges to a deal, while satellite rival BSkyB decided to continue building internet customers from its own subscribers.

Virgin was seen as favourite.

The race now looks to be between BT and rival The Carphone Warehouse, which last year paid Pounds 370 million for AOL's 1.5 million UK internet customers. Dubens hoped to achieve a price of more than Pounds 450 million for Pipex, which has 570,000 customers.

In an exclusive interview, Steve Burch, chief executive of Virgin Media, told Financial Mail he would this week announce a major deal with troubled telecom group Cable Wireless or Tiscali to sell high- speed internet services.

neil777 - 02 Apr 2007 16:02 - 173 of 481

All it takes is two! hopefully desperate to acquire

Shareshop - 02 Apr 2007 16:09 - 174 of 481

I hope so........

ROARGIANT - 02 Apr 2007 17:18 - 175 of 481

i believe agm on the 13th of this month.dont expect a statement untill then.

cynic - 02 Apr 2007 17:34 - 176 of 481

well spotted .... assuredly PXC will have to make some sensible noises at that juncture if they have not done so before

PARKIN - 02 Apr 2007 18:00 - 177 of 481

THATS ON A FRIDAY ONLY REASON I KNOW THAT IVE GOT A DENTAL A APPOINTMENT FOR THAT DAY IN THE MORNING

Strawbs - 02 Apr 2007 20:55 - 178 of 481

Personally I'm not convinced they'll find a buyer. If they're putting the company up for sale they clearly don't see much shareholder value being generated with the current business going forward. Assuming post 172 above is correct, then Carphone Warehouse paid less for nearly 3 times as many customers. I can't see the wi-fi and hosting side of the business justifying the additional cost, and I'm not sure if anyone apart from BT would be interested anyway. I think Carphone has enough problems with customer service and intergrating the AOL acquisition to take on another supplier (at what may be a premium), and if the reports are to be believed, Sky and Virgin have already dropped out. BT probably make money on supplying the lines to Pipex to run their service, and already have large hosting solutions, so why buy at a premium?

Just my thoughts. Do your own research. I don't hold, and don't see any reason to buy at present. Not that I've got any money anyway.... :-(

Strawbs.

cynic - 03 Apr 2007 07:38 - 179 of 481

Todya's Times reiterates the story that BT is now the only serious bidder ..... this is something of a nuisance, though i am quite sure BT will press ahead and it is still not impossible that a further predator will appear at the last minute.

and just to remind you all .....
The Sunday TimesMarch 25, 2007

BT secures regulatory approval for possible 407m Pipex tie-upElizabeth Judge
BT has secured regulatory approval for a tie-up with Pipex, it emerged yesterday, as it joined a group of bidders tabling offers for the 407 million broadband player.

zscrooge - 03 Apr 2007 08:56 - 180 of 481

Just because Dubens wants out does not relate to shareholder value.
Forecasts are for profit and eps to quadruple Dec 06 to Dec 08.
Dubens has already sold one co and clearly is a master of spotting potential.

Wimax is a potential killer for 3G, as well as BT's traditional phone lines. The hosting side is the most profitable, having more margin than broadband. CW may go for PXC given the former's appalling backbone which cannot cope. Which still leaves Vodaphone, desperately needing a presence and with 3G a dead duck. Or a foreign player...or BT.

zscrooge - 03 Apr 2007 09:02 - 181 of 481

Oh and maybe BT need Pipex before Microsoft get there.

http://www.theregister.co.uk/2007/03/22/microsoft_tv_spectrum/

And er are Carphone out of it? LOL
http://business.timesonline.co.uk/tol/business/money/broadband/article1604782.ece

cynic - 03 Apr 2007 09:29 - 182 of 481

don't understand the point you are trying to make ...... as i see it, PXC is for sale; BT wants; it would be preferable if there were others fighting for the biz ..... one way or another, PXC is almost certainly going to be sold and not for a song, albeit that it may be closer to 19/20 than say 22/23

zscrooge - 03 Apr 2007 09:32 - 183 of 481

A few responses to Strawbs.

zscrooge - 03 Apr 2007 10:11 - 184 of 481

Shares in Pipex Communications may have closed 1.75p worse at 14.75p, but the word among small stock investors is that Virgin Media is about to launch a bid for the company worth 20p per share. The stock has been in the takeover spotlight for a month or so, and although Virgin has not made a formal approach, Pipex backers believe that an offer will come as soon as this week.

Published: 03 April 2007

http://news.independent.co.uk/business/analysis_and_features/article2414824.ece

cynic - 03 Apr 2007 10:12 - 185 of 481

i often agree with Strawbs, but not this time

DSTOREY9916 - 03 Apr 2007 10:47 - 186 of 481

People shouldn't get mislead into thinking that the sale of AOL has any relevance on the sale of Pipex, two totally different plays! For a telco looking forward Pipex has a myriad of lucrative components whereas AOL could only offer BB customer bulk.

chad - 03 Apr 2007 11:09 - 187 of 481

Are people expecting a battle on this one, and if so, how high do we think virgin/BT etc could go? was trying to do a bit of a valuation myself, but its a toughy when you have to take into account the branding and the technology base that a bidder would be interested in, rather then simple fundamentals. Any ideas?

cynic - 03 Apr 2007 12:18 - 188 of 481

my guess is minimum 19 maximum about 22

crockham - 03 Apr 2007 12:25 - 189 of 481

On looking at Director sales, one NED sold nearly 70million for 11.5 p back in early November. Anyone any idea why? Seems strange if they knew the co. was going to be put up for sale so soon afterwards.

cynic - 03 Apr 2007 12:29 - 190 of 481

well he got his timing wrong didn't he .... just like the rest of us mortals!

zscrooge - 03 Apr 2007 16:10 - 191 of 481

Warwick to start WiMax trials next month
Posted by Maggie Holland at 2:26PM, Tuesday 3rd April 2007
The council plans to use the technology to help citizens, staff and the bottom line by working in partnership with Intel, Pipex Wireless and National Grid Wireless.

Warwick District Council is gearing up to kick off a WiMax trial next month that it hopes will reduce overheads, aid flexible working, enhance citizen services and put the area on the map technologically.

The pilot, which will focus on half the town initially, will run for around six months, by which time Warwick hopes to have proved that the benefits it has already seen in theory can actually be delivered in practice and extend the trial to a full blown district-wide roll out.

The council announced its intentions to embark on a trial with Intel, Pipex Wireless and National Grid Wireless at the beginning of this year and is now almost ready to push the button on the pilot, with plans to do so towards the end of May.

"We are a low-cost running, high performing council. So if we are already [cost effective] where do we go to find savings without cutting services?," said the council's chief executive Chris Elliott.

"A one per cent increase in council tax for us only raises about 60,000 for us and if we put rates up to the five per cent cap it would only generate 300,000 which these days I'm afraid don't buy you an awful lot."

He added: "Part of the reason we're interested in WiMax is we're looking for a way to delivery services without killing the quality of services. That's a very important combination.

"We believe that technology can transform the way certain people live, work and place and in using technology to actually change things.

Like many businesses, the council is paying a high premium for office space that is often not needed as many of its employees spend a large proportion of their time offsite visiting other people and other sites.

The aim is to encourage some of these workers to work more flexibly, supported by the new technology, so that it can get rid of unneeded desks and rent out unused office space.

Importantly, this flexible working drive will not be a forced one, claims Elliot,

"We are aware of the social issues like where do you belong if you don't go somewhere? All employees reminisce about holidays or how awful their boss is, it's what binds us together as an organisation so we want to be careful that we don't loosen that glue so much that we become too disparate," he said.

"It's not about forcing staff. But a lot of jobs don't need to be done in the office. If you're processing housing benefit applications, for example, provided you've got links to the information, you can pretty much do that anywhere."

In addition to using the technology to aid cost reduction and flexibility, Warwick District Council also plans to make use of WiMax to implement mobile CCTV to monitor anti-social behaviour as well as helping the elderly and vulnerable through telemonitoring services.

Elliot joked that Warwick has become like the Seattle of England because of its leading edge approach to technology and high volume of innovative companies located in the area.

That's a similarity he plans to capitalise on to drive increased business activity to benefit both the local economy and citizens.

"We have rural areas where broadband access is not as good as it should be and for small businesses this is a barrier to growth and set up. We want to explore whether there is a way we can use [WiMax] to help overcome that particular barrier.

"We need a 21st century infrastructure to support these businesses and to attract others into the area."

Shareshop - 04 Apr 2007 17:11 - 192 of 481

I think you are right we are not going to hear anything until 13th March.

cynic - 04 Apr 2007 17:14 - 193 of 481

try 13th April ... apparently day of AGM ... and Friday 13th just for good measure!!

micky468 - 04 Apr 2007 17:48 - 194 of 481

whos got the balls to hold them then!!!!!!!!!let me no you can hold mine two.......LOL

neil777 - 04 Apr 2007 18:03 - 195 of 481

Friday 13th.
great!

queen1 - 04 Apr 2007 21:16 - 196 of 481

Mind that black cat boys, as well as that ladder.....!

cynic - 05 Apr 2007 07:33 - 197 of 481

ineresting RNS this morning (part below) considering the bids currently being discussed ......

Pipex Communications plc, (PXC), a major provider of integrated
telecommunications and internet solutions including broadband, voice, domain
name registrations and hosting, is pleased to announce that Pipex Wireless and
Nokia Siemens Networks have agreed to co-operate on WiMAX infrastructure and
service development to expand the availability of commercial WiMAX services in
the UK.

neil777 - 05 Apr 2007 08:15 - 198 of 481

I'm assuming until things are tied up its business as usual

cynic - 05 Apr 2007 08:16 - 199 of 481

of course it is and equally this was not an arrangment made overnight ..... just adds a little more spice and interest to proceedings

2517GEORGE - 05 Apr 2007 09:25 - 200 of 481

According to the 'Diary of Events' PXC have their finals tuesday 17th April, no mention of AGM on 13th.
2517

ROARGIANT - 05 Apr 2007 19:03 - 201 of 481

17th it is .i stand corrected.

neilmcleod - 08 Apr 2007 09:40 - 202 of 481

Mail on Sunday reports that BT have pulled out of the bidding for Pipex, apparently that leaves only Carphone Warehouse, who they report have put in a "low ball" offer......

israelgold - 08 Apr 2007 16:17 - 203 of 481

What made it all go pear shape.

cynic - 08 Apr 2007 17:14 - 204 of 481

hope Mail is wrong!

israelgold - 08 Apr 2007 18:06 - 205 of 481

Hoping is not good enough dubens needs to put news out quicker and not play the waiting game.

cynic - 08 Apr 2007 18:28 - 206 of 481

u r right, but there is no argument that PXC is up for sale .... nevertheless some info and feedback from the management would not come amiss

Strawbs - 08 Apr 2007 18:41 - 207 of 481

Mail on Sunday article

Strawbs.

Bolshi - 09 Apr 2007 11:28 - 208 of 481

This all stinks doesn't it? Papers quoting unofficial sources says Virgin has put in offer over 20p, BT will pay more etc and then. Oh! There's nothing on the table and they're walking away. Lots of money being made by people in the know while the rest of us wait for an RNS!

Shear lying or don't the companies like the look of the books? Have they seen the books for due diligence?

woody57 - 09 Apr 2007 12:07 - 209 of 481

Sounds like Mr Dubens wants to keep hold of Wimax why else would he tie up with Nokia,this is the bit all the others want,pencil in the problem with Bulldog and you can see why the others are reluctant.At the moment all the big holders are in,including the main man,its tommorow if there are big sells things start to get TRUMPY,still the value of the company is still there and im sticking.jim

ROARGIANT - 09 Apr 2007 13:45 - 210 of 481

cant believe dubens will sell for less than 18p.traditional end of decade bull run on the cards have held pxc shares for over 3 years will hold for another 3 and will be better off for it.this company will be sold eventually and the price will only go up and the competition knows it.

cynic - 09 Apr 2007 15:08 - 211 of 481

all twitchiness and rumour and disinformation, intentional or otherwise ...... fingers crossed!

janetbennison - 09 Apr 2007 15:40 - 212 of 481

british bulls rec. hold at .1575p. I am hanging onto mine. If we only have one bid off carphone warehouse. How much do you think the bid will be worth.

cynic - 09 Apr 2007 16:49 - 213 of 481

i would ultimately be fairly surprised not to see at least 19p but would consider 22p a big result

dengsy - 09 Apr 2007 16:59 - 214 of 481

i'll be very much pleased to see a 19p from Carphone, but not really expecting this price. Carphone's Talk Talk is already sucking cash in, and as it's the only bidder left now, the final price really depends on Duben's eagerness to sell at a low price. otherwise, like the FT on Sartuday said, if the sale fails, another buyer will soon emerge. Consolidation in this sector is for sure.

im holding.

cynic - 09 Apr 2007 17:11 - 215 of 481

who says CWH is the only bidder and all others have fallen by the wayside? .... as far as i can determine, it is only hearsay and rumour .... for sure PXC have made no announcement of any kind, though they will be duty bound to do so on 17th if not before

dengsy - 09 Apr 2007 21:19 - 216 of 481

you make a point cynic, they are all rumours!

don't think they will update anything before the final results, of course except those 'holdings in company'

cynic - 10 Apr 2007 08:28 - 217 of 481

to my surprise, having just checked "Trades", i note that sales and buys are pretty even

cynic - 10 Apr 2007 08:28 - 218 of 481

to my surprise, having just checked "Trades", i note that sales and buys are pretty even

neil777 - 10 Apr 2007 09:31 - 219 of 481

So far nothing has been officially confirmed or denied yet!
Pipex did not return finanial mail's call's and BT refused to comment ?

Shareshop - 11 Apr 2007 09:33 - 220 of 481

Pipex Wireless and Nokia Siemens Networks are collaborating on the roll-out of WiMax infrastructure and services in the UK.

Pipex Wireless has started customer service trials in Warwick and Milton Keynes and will now use Nokia Siemens Networks equipment, services and networking expertise, to accelerate further tests and service roll-outs across the UK.

Pipex, which is the only provider in the UK near to launching full commercial WiMax services, will start using Nokia Siemens technology later in 2007.

WiMax is a long-range radio technology which provides broadband connectivity. It is a cable-free alternative to fixed line broadband. Most WiMax deployments to date provide fixed WiMax, while Pipex is trying to enable users to use WiMax on the move.

WiMax services would compete with services provided by the five mobile operators who have invested heavily in 3G.

scotinvestor - 11 Apr 2007 09:53 - 221 of 481

i'm still ok even at 13.75p as my money has still doubled in 3 or 4 years.

am happy to hold another 2 years if need be as this share will go up through time albeit slowly.

its been a decent buy for me though

queen1 - 11 Apr 2007 12:08 - 222 of 481

My thoughts exactly scotinvestor!

cynic - 11 Apr 2007 12:25 - 223 of 481

meanwhile, sp is attempting to rally .... or is that just resisting further falls!

scotinvestor - 11 Apr 2007 16:00 - 224 of 481

who cares..........if it goes between 17 to 20p i'll sell.

otherwise forget about it for a year or 2.

plenty other things to worry about in life than this

HARRYCAT - 11 Apr 2007 18:43 - 225 of 481

The answer to that one scot, is that everyone who has this stock cares.
What the point of investing & taking part in these discussion boards if you don't care???
Sounds like you have got your fingers burnt slightly with this one?
Been there, done that! :o)

HARRYCAT - 11 Apr 2007 18:52 - 226 of 481

One other thing that would worry me, in response to shareshop's post, is that there has been a great deal of adverse publicity recently concerning the easily highjacked WiFi connections currently available & I wonder whether WiMax is going to suffer from the same. There would need to be much more secure connections available imo, before it will be approved.
Also I believe that the take up on the 3G networks has been very disappointing & I saw an article recently (which I will try & find) which implied that 3G would eventually disappear to be replaced by another system.

cynic - 12 Apr 2007 06:51 - 227 of 481

according to FT CPW have dropped out leaving just BT in the running ...... sweaty palms ahead?

janetbennison - 12 Apr 2007 06:55 - 228 of 481

good morning richard. Just read your message re cpw pulling out. What do you think the chances are of bt bidding for pxc now?

janetbennison - 12 Apr 2007 06:57 - 229 of 481

new just out at 6.57am on moneyam new re cpw pulling out.

cynic - 12 Apr 2007 07:37 - 230 of 481

i would still reckon strong .... or at least i damn well hope so ..... i think PXC is actually quite a tasty morsel and BT have certainly been touted as a possible or even probable bidder for a long time ...... and if all fails here, then no doubt there will be others, probably from overseas.

janetbennison - 12 Apr 2007 07:41 - 231 of 481

lets hope bt. bids soon abd I hpe the price will not drop on this latest news. good luck.

cynic - 12 Apr 2007 07:58 - 232 of 481

sp is surely certain to drop at least a bit this morning

neil777 - 12 Apr 2007 08:38 - 233 of 481

Still nothing official !
According to these so called sources, CPW was the only one left.

zeibcmva - 12 Apr 2007 09:41 - 234 of 481

What about BSY ? The fit would be good for them,perhaps they are waiting on the sidelines for the right timing to step in.

scotinvestor - 12 Apr 2007 09:42 - 235 of 481

oh dear, carphone has dropped out!!!!!!!

BTW Harrycat, i am double my money with pipex right now so dont be a sarcastic womble.

theres more to life than money or aint u realised yet.

2517GEORGE - 12 Apr 2007 14:36 - 236 of 481

Looks like I may come back in at these levels or just below, I suppose PXC will eventually get taken over but it seems no one is prepared to pay the asking price, maybe now the management can concentrate on moving the co forward without the distraction of bid/bids from various sources.
2517

cynic - 12 Apr 2007 16:24 - 237 of 481

PXC is for sale as has been officially announced by the company, and for PXC i reckon that's the best way forward anyway

2517GEORGE - 12 Apr 2007 16:32 - 238 of 481

If no one is prepared to pay the asking price then it won't be sold-------yet.
2517

neil777 - 12 Apr 2007 16:32 - 239 of 481

Plenty of buys!

cynic - 12 Apr 2007 16:35 - 240 of 481

George .... you don't know what the minimum asking price is!

Strawbs - 12 Apr 2007 16:44 - 241 of 481

16p was the rumoured minimum (AFX Announcement). I still remain unconvinced they'll get a buyer for the whole package. It's possible they could sell off bits in a break-up, but I don't see the broadband business getting a premium, and I'm not sure who'd take on the WiMax stuff.

In my opinion.....Don't hold....Etc.

Strawbs.

cynic - 12 Apr 2007 16:55 - 242 of 481

as I understand PXC are not selling WiMax nor some other part, or at least not at this exact juncture

2517GEORGE - 12 Apr 2007 17:07 - 243 of 481

Cynic you are right I don't know, but the figures bandied about are 16p-22p, CPW was rumoured to be OK to pay 148m, well that's less than 50% of the current value of PXC. Strawbs the Wi-max arm as I understand it is superior to 3G, so perhaps BT who won't overpay or even VOD could go for it , but atm my view is that nobody will buy PXC yet, whether the co has put a forsale sign up makes little difference, unless they sell out much lower than the current sp. Good luck to all holders, I have not re entered yet.
2517

Strawbs - 12 Apr 2007 17:14 - 244 of 481

I doubt BT will buy the Wi-Max stuff. It would probably need a lot of investment to roll-out, and they've already tied up loads of money in upgrading their fixed line network, they've also invested in wi-fi hotspots, which although inferior are probably adequate for most needs. I suspect Pipex will be reluctant to sell off bits of the business even if they get individual offers, so I doubt it will sell at all. Time will tell though.

In my opinion....

Strawbs.

cynic - 12 Apr 2007 17:37 - 245 of 481

Am almost certain that WiMax is not currently on the table

Shareshop - 13 Apr 2007 09:20 - 246 of 481

Tiscali is understood to be among remaining bidders for Pipex

neil777 - 13 Apr 2007 09:30 - 247 of 481

Hi Shareshop, where did you get that info from please.

Shareshop - 13 Apr 2007 09:31 - 248 of 481

The Times Newspaper

scotinvestor - 13 Apr 2007 09:36 - 249 of 481

cynic seems to de more desperate in his comments again here

it can go to 10p for all i care.............2 years time lets see what share price is....well over 20p then

cynic - 13 Apr 2007 09:42 - 250 of 481

scot ..... a lot of PXC holders having been saying for an awful long time, "Just wait for a couple of years and sp will be stellar" ...... i am afraid the performance has been dire ..... from where you conclude that i must be geting desperate, i really do not know.

for others ..... by the looks of it, nothing will be revealed until 17th

scotinvestor - 13 Apr 2007 09:44 - 251 of 481

well i've doubled my money.................is that dire?

its only been 3 or 4 years, hardly a long time in the mire of this dreadful labour government

israelgold - 13 Apr 2007 11:00 - 252 of 481

let's hope its on the way back to 17p again

cynic - 13 Apr 2007 16:39 - 253 of 481

decided to take a break from a dull chore, so thought i'ld have a look at the long term chart, which is posted below ..... it dates from PXC's first day of trading and shows just 50 and 200 dma purely for interest

Chart.aspx?Provider=EODIntra&Code=PXC&Si

Chart.aspx?Provider=EODIntra&Code=PXC&Si

If you bought on Day 1 and continued to hold throughout, you would just about have doubled your money at today's close of play ..... however, the canny investor who was a consistent follower of this stock could have done far far better by trading at least a few times ..... the timings are pretty obvious and assuredly one would not have needed to pretend the impossible of buying at the bottom and selling at the top.

and the point is?
that just sitting passively with a stock through thick and thin is not the best way to make money.

amardev - 14 Apr 2007 00:11 - 254 of 481

Hi Cynic
Comments noted.

So why are you so averse to investing in party. Afterall you could have doubled your money in the last three months or even traded in / out suuccessfully a few times in the same timeframe.

Good to hear your views.

Nice weekend to all

Cheers
Amar

cynic - 14 Apr 2007 07:24 - 255 of 481

perhaps you're right and i am so old i don't recognise when i am following prejudice instead of momentum etc ...... will dwell on it

amardev - 14 Apr 2007 10:38 - 256 of 481

Good honest answer .............. Keep posting.

Amar

scotinvestor - 16 Apr 2007 10:21 - 257 of 481

cynic is a cock

he just posts drivvle

only thing is i get worried when i see him on threads that i am invested in.

by his logic then, u can make a fortune from just about any stock by buying low and selling high.

DOH!!!!

cynic - 16 Apr 2007 10:35 - 258 of 481

try using your eyes (chart) and reading what was actually rather than what you hope/expect was written ..... suggest you also look at the various stocks that i have suggested as good buys or even definite sells for i think you will find rather more hits than misses ....... and as i have told another of your ilk, i don't ask you to agree with what i write, but do try to grow up and cut the personal abuse.

cynic - 17 Apr 2007 07:32 - 259 of 481

so the results are out and barely even a passing mention of the t/o prospects etc .... "wait until summer" or similar ...... all quite curious; suspect minimal effect of sp though perhaps a bit of a dip as T10 holders and the like pull out.

On further reflection and almost by default, there was an implication that t/o talks are continuing - i.e. if all had pulled out, i think the company would have been obliged to say so.

Falcothou - 17 Apr 2007 07:38 - 260 of 481

On 12 March 2007, following press speculation, the Company confirmed that it had
appointed UBS to investigate a number of strategic options. The Board notes
that there has been a large volume of highly speculative press coverage, and
would like to reassure shareholders that the strategic review, which is expected
to be completed during the summer, continues to the Board's satisfaction. Pipex
and UBS continue to explore the various options available to the Company and a
further announcement will be made in due course.

skyhigh - 17 Apr 2007 07:45 - 261 of 481

Grim isn't it !

cynic - 17 Apr 2007 07:45 - 262 of 481

WHY?

cynic - 17 Apr 2007 09:41 - 263 of 481

as expected, lots of small offerings this morning .... nothing over 250k which is peanut stuff.

Shareshop - 28 Apr 2007 21:39 - 264 of 481

BT BlackRock buys 3.45 mln Pipex shares at 12.86p/share

LONDON (Thomson Financial) - BlackRock Group said it has bought 3.45 mln
shares in Pipex Communications PLC at 12.86 pence each.
Pipex, a broadband and internet hosting business, put itself up for sale
last month and said it was exploring a number of strategic options, with a final
decision expected in early summer.
Carphone Warehouse dropped out of the bidding for Pipex and left BT Group as
the sole interested party in the company, The Financial Times reported on April
12.

cynic - 29 Apr 2007 09:01 - 265 of 481

fail to see the excitement in that purchase ..... it only constitutes a minuscule %

queen1 - 29 Apr 2007 11:18 - 266 of 481

Nobody said it was exciting cynic, Shareshop was just letting others on the thread know that the purchase had been made. Better than a sale of 3.45 mln shares IMO.

cynic - 29 Apr 2007 14:31 - 267 of 481

don't be so touchy or one might start to think that the sobriquet fits ..... would be interesting to see if Black Rock now have a considerable holding, though i suspect not as that would surely have needed to be mentioned

chad - 29 Apr 2007 15:08 - 268 of 481

lol.

Shareshop - 29 Apr 2007 15:38 - 269 of 481

am happy to hold another 1 or 2 years if need be as this share will go up through time slowly plus with Tiscali & BT among remaining bidders for Pipex maybe others.. you never know

cynic - 29 Apr 2007 17:12 - 270 of 481

Shareshop .... so do Black Rock hold a further stack? ..... i think 3.45m shares is rather less than 0.5% so one would not have thought it worth a mention on its own

latics3 - 29 Apr 2007 18:57 - 271 of 481

Shareshop...dont worry..in fact being contrary to cynic pays...check his record on PXC, PRTY, PET AND LATTERLY GGG....ALL OF WHICH ARE PROVING TO BE HIGHLY PROFITABLE TO ME. Please excuse any replies from me for next 10 days...going on holiday with some of profits.

cynic - 29 Apr 2007 19:16 - 272 of 481

depends when you buy AND sell doesn't it ..... i HOLD PXC; i am very very glad i stayed away from PRTY, as its recent record shows its instability; PET i do not recollect; GGG if you see my latest post says do not buy at this level ... all good common sense if you ask me .... but of course money CAN be made from buying and selling "pure" if you can accept that the odds are stacked heavily against you, as they are though perhaps less so when playing roulette.

but unlike some here, i happily accept the brickbats ... and also the cheques which i bank

latics3 - 29 Apr 2007 21:32 - 273 of 481

cynic.. Thanks for responding ...nothing personal but I have held all 4 since last year..long term there is a good return on all f our..add to that CFL which no one has posted od here for a long long time and and you have virtually all my portfolio but all have been held for considerable time and still rising.

cynic - 29 Apr 2007 22:01 - 274 of 481

nothing personal in return either, but i bet with some judicious pruning and reinvestment you could have done a damn sight better .... PRTY is the glaring example

cynic - 30 Apr 2007 13:11 - 275 of 481

Latic - if you hold just four stocks in your portfolio, all of which are at best "wildly speculative", and every one has come up a winner, then YOU ARE A GENIUS!

TANKER - 30 Apr 2007 14:34 - 276 of 481

a lot going on in this company but can get no info,

TANKER - 30 Apr 2007 14:35 - 277 of 481

alex , did you buy cey this morning like i told you last night,

cynic - 01 May 2007 13:00 - 278 of 481

why would Black Rock want(certainly no need) to announce their purchases of relatively insignificant amounts of PXC shares? Even now, their holding is only 1.19%

neil777 - 01 May 2007 13:57 - 279 of 481

whats your theory cynic,?

cynic - 01 May 2007 14:01 - 280 of 481

don't have one though i know BR are a subsidiary of some other investment company or bank - can't remember which ...... if so, the parent may have a declarable interest and hence the requirement

Mr Turbot - 01 May 2007 14:21 - 281 of 481

Part of the Merrill Lynch set up following a recent merger if I recall correctly

Falcothou - 01 May 2007 15:59 - 282 of 481

Their homepage
http://www2.blackrock.com/global/home/AboutUs/index.htm

TANKER - 02 May 2007 14:45 - 283 of 481

someone wants our shares,big time.

skyhigh - 02 May 2007 14:57 - 284 of 481

why? not much impact on the sp is it ?

woody57 - 06 May 2007 21:36 - 285 of 481

You might like this snippet from the Mail on Sunday-Mark Joseph the telecoms specialist from UBS INV BANK,who hasn't found a buyer for PIPEX,has become an employee of MR DUBENS,he is to run a private equity firm,concentrating on buyouts,and using the seed capital of 103 million Dubens raised when he sold 365media to BSBY SKY,Joseph is quite a catch he handled the 19 billion restructuring of cable firm NTL before its merger with TELEWEST and sold the ONE-TEL PHONE network owned by CENTRICA to the CAR PHONE WAREHOUSE: The one question you ask with all those credentials behind him surely the sale of PIPEX should be within he's capabilities.??????/? jim

David10B - 07 May 2007 09:52 - 286 of 481

BEEN IN THIS SINCE 2003 SO SHOWING A GOOD PROFIT AFTER A MW TIP.

I cant see it falling through the hoop but its looking very tired right now.

woody57 - 16 May 2007 16:43 - 287 of 481

Whisper of a re jigged bid, without WIMAX,does anybody want wimax?????-WHISPER from Goldman Sachs ? PLENTY getting out?

chad - 16 May 2007 18:06 - 288 of 481

Im thinking about ditching these. If it turns out the sale is off the table I can see them tumbling quite substantially. Any thoughts anyone?

cynic - 16 May 2007 18:44 - 289 of 481

too much rumour, but had understood ages ago that WiMax was always going to be a separate entity to sell off

woody57 - 16 May 2007 19:23 - 290 of 481

Mr Dubens the main man still hugely invested?

maestro - 17 May 2007 01:04 - 291 of 481

i'm out...had enough of this crap!

skyhigh - 17 May 2007 07:29 - 292 of 481

Know what you mean maestro.been thinking about doing the same recently but will hold for a while longer this released this morning..

7 May 2007

Pipex Communications plc

Launch of WiMAX service in Warwick

Pipex Communications plc, (PXC), a major provider of integrated
telecommunications and internet solutions including broadband, voice, domain
name registrations and hosting, is pleased to announce that Pipex Wireless'
second commercial trial of WiMAX services is set to go live in Warwick. Working
with National Grid Wireless, Warwick District Council and Intel(R) Solutions
Services, the trial will launch at the European Cup Race Walking Championships,
where press, competitors and spectators will have access to high-speed wireless
broadband.

As the UK's first wireless solutions provider to launch WiMAX services, Pipex
Wireless will initially deliver services to Warwick District Council and
subsequently approach businesses and home-users in the Warwick trial area over
the next six months.

Mike Read, Chief Executive Officer, commented,

'We are delighted to be providing our WiMAX services in Warwick. Following the
early success of trials in Milton Keynes, we are excited about being able to
offer high speed wireless broadband to other forward thinking towns and cities.
The event in Warwick provides the ideal setting for launching our wireless
services in the area. As we develop the service further, we'll be inviting local
businesses and home users to take part in the trial to make wireless broadband a
reality.'

Chris Elliott, Chief Executive of Warwick District Council, said,

'I am delighted that our innovative approach to technology and transformation
agenda has attracted Pipex Wireless to our town. We look forward to developing
the trial with Pipex Wireless and extending the benefits of wireless broadband
to our community.'

Pipex Wireless will be demonstrating WiMAX powered internet access with laptop
manufacturer, rock, during the European Cup Race Walking event. The European
Cup Race Walking Championships are being held in Victoria Park, Warwick, on
19-20 May. For more information about the event, please visit

2517GEORGE - 17 May 2007 09:28 - 293 of 481

Crikey.
2517

skyhigh - 17 May 2007 09:32 - 294 of 481

Crikey Mosses !

Maestro... loook what you've done... you sold and it goes up next day ?!

probably won't last long as it allways retraces... hopefully though, it might be different this time...

skyhigh - 17 May 2007 09:36 - 295 of 481

Crikey, it doesn't say much for PXC if BT have all that money and prefers to do a share buyback rather than buy PXC !

"BT Group said this morning it would spend 2.5bn on share buybacks in the next two years.
The UK telecoms company unveiled stronger-then-expected fiscal full-year results"

PXC must be a lame duck!

chad - 17 May 2007 09:42 - 296 of 481

Im out on the rise today. Good luck all holders.

cynic - 17 May 2007 09:47 - 297 of 481

skyhigh .... complete non-sequitur

actually, have just been advised that today's rise is due to Tiscali formally announcing at least preliminary interest in buying .... no doubt an rns will appear during the course of the day

zscrooge - 17 May 2007 10:04 - 298 of 481

MILAN, May 17 (Reuters) - Italy's Tiscali is looking to expand in Italy and the United Kingdom and is reviewing a dossier on Pipex Communications a British peer that has put itself up for sale.
"Italy and the UK are the regions we are looking at," Tiscali Chief Financial Officer Massimo Cristofori told reporters on the sidelines of an event.
"We are in a very preliminary stage, Pipex has started the procedure of an eventual sale and it has sent us their dossier," he said.

zscrooge - 17 May 2007 10:05 - 299 of 481

.

Shareshop - 17 May 2007 12:26 - 300 of 481

Tiscali & BT among remaining bidders for Pipex - My target is still 20-22p

skyhigh - 17 May 2007 13:20 - 301 of 481

Same 'ere.. I'll be happy with 20p..wish I bought more at 8p when i first got in a couple of yrs ago

neil777 - 17 May 2007 13:54 - 302 of 481

I'm staying put anyhow!
conclusion during the summer they said, lets see

Shareshop - 17 May 2007 14:50 - 303 of 481

Pipex would be willing to consider break-up of assets - source
AFX

LONDON (Thomson Financial) - Pipex Communications would be willing to consider a break-up of its assets, according to a source familiar with the company - a move which analysts believe could make a takeover deal more feasible for debt-ridden Tiscali. Among the possible scenarios, one analyst believes Pipex could hold on to its hosting business and the complementary network services unit, while selling the broadband/voice business.

Tiscali financial director Massimo Cristofori told Thomson Financial News that the Italian group had held preliminary takeover talks with its smaller rival.

A second analyst said that funding could be an issue if Tiscali attempts to buy all of Pipex, as it is already debt-laden and the target would be unlikely to want shares. Tiscali would see 40 mln eur a year in interest on the 450 mln eur it raised in equity to buy Pipex, which is not that cash generative, the analyst continued.

Cristofori this morning noted that Tiscali has less debt than its competitors so has 'the possibility to carry out acquisitions'.

BT, for its part, would have no choice but to consider an offer, analysts insisted. Sources close to the situation told Thomson Financial News that BT had previously considered tabling a bid, but dropped out as it did not want to acquire Pipex's website hosting arm.

Calling BT the weakest of Europe's domestic operators in broadband, one of the analysts today said the group had to increase its presence in non-voice areas, but warned the UK operator would risk incurring the wrath of regulators if it bid on Pipex.

A recent Goldman Sachs research report valued Pipex's broadband/voice business at 211 mln stg based on an estimate of 300 stg per broadband customer, and the hosting/network services at 178 mln. The two figures give an implied value per share of the whole group of 15 pence.

Shareshop - 17 May 2007 17:12 - 304 of 481

BIG BUYS at end of the day

Time Price Volume Value Buy/Sell Type (key)
16:35 13.76p 3,500,000 481,733 Buy O
16:48 13.76p 3,500,000 481,733 Buy O
15:13 13.69p 2,500,000 342,250 Buy O
16:29 13.65p 2,500,000 341,250 Buy WT
09:26 13.00p 2,500,000 325,000 Buy AT

zscrooge - 17 May 2007 18:07 - 305 of 481

Shareshop - 17 May 2007 14:50 - 303 of 304
Pipex would be willing to consider break-up of assets - source
AFX

A recent Goldman Sachs research report valued Pipex's broadband/voice business at 211 mln stg based on an estimate of 300 stg per broadband customer, and the hosting/network services at 178 mln. The two figures give an implied value per share of the whole group of 15 pence.

LOL! No mention of Wimax, the real winner that BT et all are scared of.

cynic - 17 May 2007 20:19 - 306 of 481

i think you find that neither hosting nor WiMax are or were ever currently being offered .... if PXC can rid itself of the broadband biz to BT or Tiscali, then i think )(ut have nothing to support that) that Dubens may buy the hosting part for himself, leaving WiMax with plenty of potential but currently with unknown value.

micky468 - 18 May 2007 18:10 - 307 of 481

Tiscali S.p.A.
18 May 2007

18 May 2007

Tiscali S.p.A.: Clarification

Tiscali notes the recent Italian and international press reports with regard to
Pipex Communications plc ("Pipex"). Tiscali clarifies that its current interest
is only in the Broadband and Voice Services division of Pipex. Discussions are
at a preliminary stage and may or may not lead to a transaction for such
division.

cynic - 18 May 2007 18:12 - 308 of 481

merely confirmation of what i have been saying here for weeks and weeks and again earlier today.

Falcothou - 19 May 2007 20:40 - 309 of 481

I don't fully understand the up-coming wimax license auction later this year. Is this for control of certain frequencies one of which pipex has already laid claim to and if so does this give Pipex any competitive advantage over new entrants or does it mean that other companies can buy a license and be on a level footing thus de-valuing Pipex's Wimax arm? Can anyone shed any light?

Shareshop - 21 May 2007 14:44 - 310 of 481

11:59 13.00p 9,000,000 1,170,000 Buy X

ROARGIANT - 21 May 2007 16:47 - 311 of 481

looks more like a sell to me.

keepitreal - 21 May 2007 18:25 - 312 of 481

very true - somebody sold and somebody was willing to buy - glad to clear that up for you

israelgold - 07 Jun 2007 09:21 - 313 of 481

anyone knows if there is any news with tiscali's takeover.

Troys - 13 Jun 2007 15:15 - 314 of 481

Pipex plotting carve-up for Tiscali deal
Sale to be announced in weeks

By Chris Williams → More by this author
Published Wednesday 13th June 2007 12:15 GMT

Exclusive The breakup of Pipex and sale of its residential broadband customer base to Tiscali is looking increasingly certain.

Insiders at the takeover target say the terms of the deal will be announced in four to eight weeks.

In the meantime, managers are working out the personnel carve-up, with employees destinations in the split already decided.

Tiscali's poor reputation for customer service, worsened by its response to a recent extended email outage, is said to have set some Pipex staff against the sale.

The Register also understands that Pipex's WiMax licence, which complicated speculations over the UBS-brokered auction of the firm, will remain with the rest of Pipex, concentrated on business customers.

As part of the deal, Tiscali will provide the refocused ISP with access to its unbundled network, which is one of the most extensive in the UK and should lower its costs in providing broadband. Tiscali has unbundled more than 400 exchanges, compared to Pipex's 100.

Pipex has about 570,000 customers across its broadband brands, which include Toucan and Bulldog. Each of the big players in the dog-eat-dog communications market - Virgin Media, BT, Sky, Carphone Warehouse - have been linked with a bid for the firm, but have all fallen by the wayside amid rumours of an over-ambitious valuation and concerns over its diverse interests.

Italy-based Tiscali, which has almost 1.5 million subscribers in the UK, stepped into the spotlight in the middle of May when it confirmed it was in early discussions with Pipex.

Back then, Goldman Sachs analysts valued Pipex's telecoms business at 211m and the hosting and network services at 178m.

As middleweights lacking profile and resources compared to the bundling frontrunners, Tiscali and Pipex have similar problems in attracting residential customers.

Jonathan Coham, a broadband analyst at Ovum said: "This is an interesting move, but Tiscali needs more than just subscribers to maintain its position. They've typically been a low-spending broadband provider, with limited additional services...they'll need to follow this up."

Tiscali and Pipex refused to comment on this story. http://www.theregister.co.uk/2007/06/13/tiscali_to_buy_pipex/

cynic - 13 Jun 2007 15:18 - 315 of 481

thanks for the article, but the market looks underwhelmed ...... time will tell whether or not this is just so much wishful thinking

David10B - 13 Jun 2007 15:44 - 316 of 481

Come on guys look at the trading range over the years, this is dead in the water.

Highly recoomended when MW and Methuselah were school pals sitting together in class.

bmw325 - 13 Jun 2007 15:49 - 317 of 481

cynic and Dave...are you both joined at the hip.

These two are also appearing on COH.

David10B - 13 Jun 2007 15:51 - 318 of 481

No at the head, as two are better than one.

cynic - 13 Jun 2007 15:52 - 319 of 481

strange comment .... actually i have (misguidedly?) held these for a while .... could more sensibly ask why the pair of you remain in a permanent state of puerile bickering

David10B - 13 Jun 2007 15:57 - 320 of 481

YES I THINK THAT YOUR DISCRIPTION IS SLIGHTLY ABOVE ADEQUATE ON THIS ONE CYNIC

David10B - 13 Jun 2007 15:59 - 321 of 481

CYNIC whe face with a continued diatribe of ignorant ignorace, one has a choice either squash it, or squash it

David10B - 13 Jun 2007 16:02 - 322 of 481

YES AND I AM PLEASED, BUT ITS ALWAYS BEING TIPPED SOMEWHERE AND HAS BEEN MANY TIMES OVER THE PAST YEARS---BUT SADLY GONE NOWHERE.

queen1 - 13 Jun 2007 20:28 - 323 of 481

David - disappointed to see another one-sided effort from you on this thread, having just detatched myself from the brewing argument on the RGT thread. I sense a pattern emerging here which is a shame.

cynic - 13 Jun 2007 20:58 - 324 of 481

as an aside, and i am afraid i am too lazy to check back to yesterday, but i note that UBS(??) has now built up 16% .... Q - is this for themselves or a client?

David10B - 14 Jun 2007 08:27 - 325 of 481

Queen1 whatever you views the facts clearly stand out.

This is another stagant stock!

The only pattern here is one of stock that get ramped to death and fail to perfom over time, say the past two years!

cynic - 14 Jun 2007 08:50 - 326 of 481

10B .... the facts in this instance are whichever you wish to choose! ..... one could argue, as you do, that PXC is never ever going anywhere ..... or .... as is my inclination, to believe that PXC will inevitably merge with another ...... Tiscali may be the one; time will tell ...... meanwhile, it is almost inconceivable that PXC will go bankrupt, unlike a number of other stocks that are heavily promoted on this site, ranging from dodgy E&P outfits to and through coffee shops, biodegradable plastics manufacturers, software houses etc etc

David10B - 14 Jun 2007 09:13 - 327 of 481

Morning cynic, surely its not for us to postulate on where a company can stave off going through the hoop!

We are here to make money.

I do this with Blue Chips for the Divis and any SP advance thrown in for luck.

Or with Recovery Speculatives. I give themn two years to show hopes etc-

Takeovers are good buys only if they profit the shareholder and I would not buy into a stock trusting it will be taken over---takingover sounds better to me with good organic growth.

I mentioned two here, RGT and PIPEX and relegate them to dreamers land in the hope that some shareholders may be sparked into life to prove me wrong.

After all these BBs are to stimulate, openly discussing/and an investigation into shares from which we can all learn.

The rest of your comments I fully concur with

cynic - 14 Jun 2007 10:22 - 328 of 481

my own view is that i think the downside on PXC is very limited, so though i am arguably a bit overweight there and running an acceptable loss, i am inclined to stay put ..... for how long i shall remain patient, i do not know .... as for RGT, it is not a stock i know at all

David10B - 14 Jun 2007 10:36 - 329 of 481

Hi Cynic with respect I am only interested in the upside.

cynic - 14 Jun 2007 10:41 - 330 of 481

upside is probably to 16+ if deal with Tiscali or another done ...... once that is out of the way, then would not be surprised to see Dubens take the balance private quite quickly, adding a further 2-4p

David10B - 14 Jun 2007 12:32 - 331 of 481

I TRUST YOU ARE RIGHT BUT DO NOT SEE THAT HAPPENING MYSELF.

BUT GOOD LUCK ANYWAY.

hotrott - 14 Jun 2007 15:52 - 332 of 481

TheRegister is reporting that Tiscali is taking a keen interest in Pipex's residential broadband service. It claims insiders at Pipex have suggested that the terms of a deal would be expected in the next 4-8 weeks whilst the company plan on how to divide up the business. It also claims that Pipex staff are not very happy about the proposed transfer.

This change would help Pipex re-focus itself as a business service provider. It is suggested that this deal would give Pipex access to Tiscali's LLU network which is one of the largest in the UK and currently four times larger than Pipex's own LLU deployment. Tiscali's LLU network and Pipex's customer base do not seem that bad a match from a commercial point of view, although we have no doubts a section of users will be concerned over performance.

cynic - 14 Jun 2007 15:58 - 333 of 481

hotrott .... thanks for the post, but i think it is several days old

hotrott - 14 Jun 2007 16:02 - 334 of 481

Could be but this came from yesterdays thinkbroadband.com

cynic - 14 Jun 2007 16:08 - 335 of 481

if it's run by Pipex, be not surprised that they took several days to wake up!

queen1 - 14 Jun 2007 18:43 - 336 of 481

The assertion the PXC has never gone anywhere is obviously not true. I'm currently sitting on a paper profit of 60% (it has been as high as 100%) but believe, over time, it will advance from here. So if I'm a dreamer I'm one who got in at a good time. Let's wait and see.

David10B - 14 Jun 2007 18:50 - 337 of 481

Hello Queen1 its the same price now as it was almopst 5 years ago---hardly encouraging.

cynic - 14 Jun 2007 20:10 - 338 of 481

but one could have made quite a lot of money in the interim

David10B - 14 Jun 2007 21:18 - 339 of 481

you would need to deal in millions of shares as the trading spread was never that great and dealing costs would have taken thier toll.

queen1 - 14 Jun 2007 22:05 - 340 of 481

David10B - I'm sitting on a paper profit of 60%. I bought at 8p and it's now c.13p. Surely you understand that a profit, or loss, depends on what price you bought the shares, relative to the price they are now. The fact that they are the same price as 5 years ago is completely irrelevant to me and my holding.

David10B - 15 Jun 2007 07:58 - 341 of 481

Brilliant please keep it up

2517GEORGE - 15 Jun 2007 16:10 - 342 of 481

David10B---------I do not hold these anymore but have been in and out several times since August 2003 when I paid 4.84p each for them, at that time they were GX Networks, whilst you may be right in saying the sp is the same as 5 years ago (I have no recollection of them being around 12-13p) let's not forget that the co has issued shed loads of shares over that period. I endorse cynic's post.
2517

David10B - 15 Jun 2007 16:42 - 343 of 481

Good for you George but they are trading around 12-13p right now

micky468 - 18 Jun 2007 18:12 - 344 of 481

lots of move ment today there must be some news on the way .

Time Price Volume Value Buy/Sell Type (key)
17:08 13.00p 204,324 26,562 Buy O
17:03 13.00p 500,000 65,000 Buy O
16:56 12.99p 500,000 64,950 Buy O
16:38 13.00p 409,687 53,259 Buy O
16:34 12.93p 9,000,000 1,163,700 Buy WT

ROARGIANT - 19 Jun 2007 18:12 - 345 of 481

Mensioned in the times today.Goldman sachs added pipex to its buy list.expecting the strategic review due in a few weeks to be possitive.Ofcom is expected to allow uk broadband to sell wi-max services which is positive news for pipex.

cynic - 19 Jun 2007 18:16 - 346 of 481

micky .... the buys you list are paltry, signifying nothing whatsoever ....... however, the story about a week ago was that news from Tiscali (presumably) should be forthcoming mid/late July or perhaps early August

David10B - 20 Jun 2007 09:48 - 347 of 481

YUK NEVER GOING TO ADD TO ANYTHING JUST NICKLE AND DIMING.

BEEN RAMPED TO DEATH FOPR YEARS BY MW AND ONE OF HIS FAVOURIITES, BUT LOOK AT THE PERFORMANCE!!!

IF YOU WANT TO SCRATCH PEANUTS THEN THIS COULD BE THE ONE FOR YOU.

woody57 - 20 Jun 2007 11:26 - 348 of 481

SUPPOSE IT IS WHAT PRICE YOU HAVE BOUGHT THEM FOR DAVID?

David10B - 20 Jun 2007 11:32 - 349 of 481

Hi Woody, with repect, I would not touch them at any price, especially when there is so much better value elsewhere.

woody57 - 20 Jun 2007 17:08 - 350 of 481

I see the broadband part of the business at 15p,what price do you see the Wimax-wireless part of the business being worth ,and how do you see things proceding.jim

David10B - 21 Jun 2007 08:34 - 351 of 481

Good morning gentlemen, as predicted a downward pattern. Exercise cuation with this share, lets call it a BEE share, as like COH it will sting you when you not looking.

trigger45 - 21 Jun 2007 08:42 - 352 of 481

David you are still letting yourself down. You just couldn't resist another dig at COH on a thread that has no interest in them.

David10B - 21 Jun 2007 08:51 - 353 of 481

No not really its juts a catch all statement on what I consider to be MMs fly traps.

If you prefer that I not mention my sentiments on shares designed to make MMs money at the expense of the small private punter--- then honesty I will refrain.

trigger45 - 21 Jun 2007 08:56 - 354 of 481

Just keep it on the apropriate boards then no issue with you.

David10B - 21 Jun 2007 09:29 - 355 of 481

what board wouldthat be when one wishes to talk collectively on certain sectors of stocks, ie the good 'uns and the bad 'uns?

David10B - 21 Jun 2007 13:52 - 356 of 481

mmmmmmmmmm lots of trades today!

AdieH - 21 Jun 2007 13:59 - 357 of 481

Does Ian need to be informed of David Deramping another stock, don't you do anything else in your life David... you appear on numerous bulletin boards and seem to court negative comments wherever you appear, please look at the boards he posts on... Oh and by the way COH is up again today after a 1.25p rise yesterday and a continuing upward trend overall... Regards.

David10B - 21 Jun 2007 14:13 - 358 of 481

AdieH you have been warned ny Ian. And know by me. Post you full name and address and I will report you to the authorities---that is if you have any balls away from a screen

I have a right in law to comment either positively or negatively on any share.

I even post negatively on CFE and I have 4,000,000.00 of them!

I dont like PXC and I say so and I say why I dont like them.

Are not these BB to discuss ALL aspects of stock picking or just to listen to your ramper.

IAN KINDLY NOT THIS POST.

By the way what other BBs dd I post on? As I am aware of none...more AdieH fantasies

AdieH - 21 Jun 2007 14:20 - 359 of 481

Warned of what, really got you rattled now and showing your true colours...

I'm not as stupid as you to post my email on my profile as I don't want unsolicited email... and thanks for your concern I do have balls as my wife will vouch for...

Look at the front screen to see how many threads you post on its quite clear to see... I welcome Ian to investigate all our postings and i'm sure he will come to the right conclusion. Regards and have a nice day...

David10B - 21 Jun 2007 14:25 - 360 of 481

I dont mind unsolicited emails as there is always the filter.

Nor do I mind putting by contact details up there, neither do I make veil threats of physical violence an hide behind a screen!

I seriously suggest you grow up and seek help as you have been a complete prat on ths site since I called COH down.

Now please little boy do as you promised Ian and go away and play.

IanT(MoneyAM) - 21 Jun 2007 14:26 - 361 of 481

Enough.

This has got to stop, I am here to facilitate free speech, but this has gone on long enough. Your points have been made I will not take sides, but I will remove access should this continue.

Please note there is no need to reply to this post.

Ian

AdieH - 21 Jun 2007 14:30 - 362 of 481

True colours my friend you don't like anyone who has a different view from you, you claim to be abit of a guru and expect people to fall over themselves because you are God... Unfortunately you have been exposed by myself, BMW and you don't like it... I would suggest from your change in tone (rather agressive) that it is you who might be showing some loses... and I would suggest you grow up since you claim to have retired and been in education...

AdieH - 21 Jun 2007 14:31 - 363 of 481

Sorry Ian but your post appeared after mine... I am only trying to expose this gentleman for what he is and he doesn't like it. I will refrain from my agenda as I believe I have proved a point. Regards.

David10B - 21 Jun 2007 17:43 - 364 of 481

You may expose me when ever you wish---my posts here will speak for me. You seem to be very uspest I called COH down and yet I am equally hard on my own coffee stock CFE.

I DONT SEE YOU SCREAMING FOUL ABOUT THAT!

I HAVE NO VIEWS IN PARTICULAR, SIMPLY TO PICK AND TALK ABOUT THE BEST STOCKS TO MAKE MONEY---IF THAT MEANS DISSECTING ANY THAT I HOLD PLEASE CARRY ON.

I trust everyone in monitoring this as thruth is obvious.

ALL YOU HAVE PROVEN ADIEH IS THAY YOU GO BERSERK WHEN ANYONE DARES TO BE NEGATIVE ABOUT COH AND THATS A FACT.

AdieH - 21 Jun 2007 17:57 - 365 of 481

IanT I hope you are monitoring...

cynic - 21 Jun 2007 21:19 - 366 of 481

thanks Ian .... these guys are tiresome and one of us on here is already more than enough!

HARRYCAT - 22 Jun 2007 07:43 - 367 of 481

It wouldn't be quite so bad if they could at least spell correctly! Was getting to be like the SOLA discussion board ! :o)

trigger45 - 22 Jun 2007 07:53 - 368 of 481

Apologies to everyone as I started the ball rolling again. Time to move on.

Falcothou - 04 Jul 2007 09:07 - 369 of 481

Rumours going about re. Dubens MBO

micky468 - 04 Jul 2007 09:15 - 370 of 481

falcthou what rumours and were.........

Falcothou - 04 Jul 2007 09:22 - 371 of 481

advfn
bb tiscali
web hosting dubens
wimax bt

cynic - 04 Jul 2007 09:26 - 372 of 481

that story is many weeks old - i.e. that once the broadband part of PXC had been sold off, Dubens would be looking to take the balance himself ....... i think i posted as much myself on here

micky468 - 04 Jul 2007 09:31 - 373 of 481

thx guys............ yes cynic your right

Falcothou - 04 Jul 2007 10:48 - 374 of 481

Apparently it's in the FT today

micky468 - 04 Jul 2007 11:01 - 375 of 481

falcthou can you post this news so we can see

Falcothou - 04 Jul 2007 16:29 - 376 of 481

Pipex, the broadband internet group, improved 3.9 per cent to 13p, amid talk of a management buy-out approach for its web hosting business. In March, Pipex appointed investment bank UBS to carry out a strategic review.

woody57 - 12 Jul 2007 15:07 - 377 of 481

Seems to be large volume again today ,9th best traded share yesterday,announcment due? your views please jim

ROARGIANT - 12 Jul 2007 17:00 - 378 of 481

considering forthcoming sale.sp is very disapointing.todays trades mostly look like sells at 13p.not the best sign.

skyhigh - 12 Jul 2007 17:28 - 379 of 481

Yes, considering everything it's crap isn't it ?

cynic - 12 Jul 2007 17:42 - 380 of 481

PXC has a nasty habit of raising expectations only for all to be met by deafening silence ...... i shall just allow my holding to gather more moths and dust, though i genuinely find it hard to beleive that Dubens will allow everything to go to sleep ..... after all, if my reading is correct, he would like to acquire the rump himself

ROARGIANT - 12 Jul 2007 17:59 - 381 of 481

dont like the idea of selling broadband to tiscali and dubens holding on to the rest in a management buy out.as has been suggested.we the shareholders will get rogered.i suspect this is a possible cause of the low interest at the moment.september should bring news and renewed interest in wi-max.if dubens and crew havent nicked the company by then.

cynic - 12 Jul 2007 18:02 - 382 of 481

you might not like the picture i painted, but i bet that's the reality.
neither tiscali nor the previous contenders seemed to have any interest or appetite for more than the broadband (and web hosting?)
frankly, if i make a profit, i'm not fussed who buys what

ROARGIANT - 12 Jul 2007 18:31 - 383 of 481

held for over 3 years myself.still believe the sp could reach 20p+.there was ample opertunity to get out at 17.5p but the big money held onto their shares.the times wrote some time ago about dubens dumping the residential aspects of the company and cocentrating on business telecoms.wi-max will find ready customers when it is launched.i suspect councils up and down the country will be keen to promote the technolagy the only concern is if we will have had our shares cheaply removed from us by the .

Falcothou - 13 Jul 2007 07:32 - 384 of 481

Pipex Communications Plc. (PXC LN): Tiscali SpA is close to an agreement to acquire Pipex's broadband and voice services unit for 210 million pounds ($426 million), the Financial Times reported, without citing anyone. The purchase may be announced as early as today, the newspaper said. Pipex shares added 0.25 pence, or 1.9 percent, to 13.25.

skyhigh - 13 Jul 2007 07:37 - 385 of 481

Don't you jusy hate those "total voting rights" announcements!

micky468 - 13 Jul 2007 09:40 - 386 of 481

210 million for Pipex's broadband and voice services unit that would give .10p per share i think.. if Peter Dubens, had hoped to sell off its entire business for a price on the whole group of about 400 million. which would have been say 17p per share
how much is he looking to pay for wi-max........ .

micky468 - 13 Jul 2007 13:50 - 387 of 481

13 July 2007

13 July 2007

PIPEX COMMUNICATONS PLC

Sale of Broadband and Voice Division

Pipex Communications plc, a major provider of telecommunications and internet
solutions including broadband, voice, web hosting and network services, today
announces that it has entered into an agreement for the sale of its subsidiaries
owning its consumer Broadband and Voice division to Tiscali S.p.A. (Borsa
Italiana, Milan: TIS) for a total consideration of approximately 210 million,
on a debt-free basis, before adjustments. The corporate broadband customers
will remain within the Pipex Group.

The subsidiaries being sold to Tiscali are: Switch2 Telecoms Limited, Pipex
Homecall Limited, Toucan Residential Limited, Pipex Internet Limited and Toucan
Residential Ireland Limited.

Pipex's Broadband and Voice division is a leading provider of telecommunications
and Internet services in the UK market, reporting revenues of 231.7 million and
profit before tax of 13.9 million, excluding amortisation of goodwill and
inter-company interest, in the year ended 31 December 2006. As at 31 December
2006, net tangible assets stood at 13.1 million, excluding goodwill,
investments and inter-company balances. At that time, the division had
approximately 570,000 Broadband customers and 480,000 Voice customers.

The transaction, which constitutes a fundamental change of business for the
purpose of the AIM rules, is conditional, inter alia, on shareholder approval
and also competition clearance being received.

A circular convening an Extraordinary General Meeting will be posted to
shareholders shortly.

The proceeds of the disposal will be placed on fiduciary deposit pending the
directors' consideration of its further application.

Pipex was advised on the transaction by UBS Limited and Oakley Capital.

The continuing group

Following the disposal of the Broadband and Voice division, the Group will
consist of 3 divisions namely Web Hosting, Business Services and Pipex Wireless
(WiMAX).

Hosting

The growth in Pipex's hosting operations has been impressive, with a year on
year growth in active services exceeding 24%. In the ground breaking area of
virtualised hosting solutions and virtual private servers, Pipex Hosting
achieved in excess of 90% customer growth, and is now one of the two largest
hosting providers by subscriptions in Europe (based upon SW-Soft statistics).
Pipex's domain name market share has also increased by 25% over the last year,
to 2 million domains. More than one in every five domains in the UK is
registered through Pipex hosting.

Pipex's new data centre in Germany which utilises the latest technological
advances to ensure energy efficiency is now fully operational, and was a
contributing factor in Pipex winning the prestigious "Best Enterprise Internet
Hosting Provider in Germany" from the eco Internet Awards 2007.

Business Services

Pipex Business Services, the SME and Corporate unit, has seen good growth in the
high end hosting, leased line and IPVPN sectors. New contracts have been
secured from large organisations including T-Mobile, Servista, Cost Cutter, Red
Bull Racing, Rosebys, British Museum and British Library. There has also been an
increase in additional services being taken by long standing corporate customers
such as Littlewoods Gaming (Sportech plc) and Alliance & Leicester.

New product launches include Boundary Networks, a secure private network that
enables organisations to extend the security capabilities of their internal
network across the Internet to the remote user CPE device. This enhances
business continuity for retailers with an innovative approach to remote branch/
store and mobile office security.

Pipex Wireless (WiMAX)

Following the successful launch of WiMAX services using licensed spectrum in
trials in Milton Keynes, Warwick and Leamington Spa, Pipex has generated
considerable interest from other councils who are considering offering WiMAX
services.

In addition to partners Intel, National Grid Wireless and Ericsson, the division
has announced a strategic partnership with Nokia Siemens Networks which covers
network infrastructure, services and software. Together, Pipex Wireless and
Intel will launch wireless services across the UK.

Pipex Wireless is now focusing on the commercial launch of the business which
will take place in Manchester later this year. During 2008 commercial WiMAX
services will be made available in a number of additional cities as the network
expands in the West Midlands and the North West. During this period Pipex
Wireless will also trial and launch a number of value-added products and expand
the routes to market and channel partners in order to deepen market penetration.

The regulatory environment within Europe for the spectrum has improved
significantly in recent months, and the division will continue to work with both
the regulator and the industry to optimise its position.

Peter Dubens, Executive Chairman of Pipex, commented:

"Over the past 3 years, Pipex has successfully transformed the scale and quality
of its Broadband and Voice customer base. In the consolidating UK market,
today's announcement crystallises value for shareholders, and ensures that
Pipex's customers will continue to receive a wide range of competitive, high
quality communications and internet services.

"The strategic review announced in March remains in progress regarding the
Group's other businesses, which continue to show strong growth in all areas.
The Group is also reviewing options for the efficient distribution to
shareholders of the proceeds from the sale of the Broadband and Voice division.
Further updates will be provided in due course."

skyhigh - 13 Jul 2007 14:13 - 388 of 481

thanks for that.. not having any pos+ impact on SP is it ? ... (I suppose it's not surprising to us long term holders!)

micky468 - 13 Jul 2007 14:21 - 389 of 481

i no what you meen but there's lots of movement and the sp will go up today when the news sinks in

skyhigh - 13 Jul 2007 15:48 - 390 of 481

SP was rubbish before the release and it's still rubbish ! but as you say, I think the sp will go north when all the analysis/projections etc., have been done sio will stick with this a little longer!

ROARGIANT - 14 Jul 2007 11:51 - 391 of 481

suspect pipex will clear its depts and top up their cash account and maybe hand back something like 4p in a special divi.share price will drop accordingly.but the bussiness going forward looks encouraging.there is still a possibility of a sale of the remainder of the bussiness the hosting side might be open to private equity while any of the telecoms could make a move on pipex wireless.been working in america for a few years.verison sells a card that fits into your pc sd slot.and you pay a monthly subsciption.its a model pipex will probebly follow.time to top up i think.

cynic - 14 Jul 2007 12:09 - 392 of 481

not sure i would top up, but def worth continuing to hold as the end of the saga has yet to come, though could be a further 12/18 months away, or even longer

ROARGIANT - 16 Jul 2007 17:08 - 393 of 481

times on saturday claims dubens hinting at a further sale.taking 210m out of 305m cap leaves 105m less dept.the sp is well short of the breakup value of pipex.cant wait for the egm.any sign of a date yet.

Falcothou - 16 Jul 2007 18:09 - 394 of 481

If I was BT the wimax part of pipex would make a good hedge for when those paying line rental disappear when they can get their roaming connection included in their voice and broadband with another provider.

skyhigh - 16 Jul 2007 18:54 - 395 of 481

Shortened version!

Irvine Energy acquires US oil and gas assets from Metro Energy Group

LONDON (Thomson Financial) - Irvine Energy PLC said it has signed an
agreement with Metro Energy Group Inc to purchase producing and prospective oil
and gas acreage in Oklahoma and Kansas.
The AIM-quoted oil and gas exploration company said the deal will expand its
current land position in Kansas and provide it with low-cost oil and gas
production and developments within highly prospective oil and gas regions.
Irvine will acquire up to 50 pct working interest in 52,000 acres of oil and
gas leases in Oklahoma, covering the proven Woodford Shale and emerging Caney
Shale, as well as multiple stacked conventional reservoirs, for 9.35 mln usd in
cash.
It will also procure 50 pct working interest in 4,490 acres in Kansas
targeting the Niobrara shallow gas play for 1.75 mln usd in cash.
However, the agreement is conditional on Irvine finalising appropriate
financing, which may include the placing of new shares, and ordinary due
diligence.
Irvine said it is currently considering various fundraising options for
working capital and has received indicative terms for a 50 mln usd mezzanine
finance facility.
Metro will be the operator for the Oklahoma Project and Niobrara Project and
will have a 50 pct working interest in the Niobrara Project.
"Metro has now commenced an aggressive work programme encompassing both
Kansas and Oklahoma, which begins the planned completion of 30 new wells in the
remaining half of 2007," Irvine chairman Doug Manner said.
Managing director Aaron Close said the production in Oklahoma will provide
Irvine with immediate revenue, and early data suggest that this can be increased
in the near-term.

skyhigh - 16 Jul 2007 18:57 - 396 of 481

oops! sorry guys... posted to the wrong thread...but take a look at IVE anyway... it's potentially more exciting than PXC... but then again anything is !

ROARGIANT - 16 Jul 2007 19:03 - 397 of 481

over the last 2-3 years there has been quite a few knockers of wi-max on this site saying its a technoligy that will never come to fruishion.were are they now.the pipex licence is about to gain some value.the heigher the better.

MightyMicro - 16 Jul 2007 19:54 - 398 of 481

I think the jury is still out on WiMAX. It depends what you think it will do for you. It's a technology that is much more suited to point-to-point links and it's not clear that it will be as flexible for roaming mobile devices (Mobile WiMAX) as 3G.

The danger is that it will seen as some sort of panacea for mobile wireless devices, but the laws of physics don't facilitate this.

It may end up being used much more for backhaul between WiFi hotspots and cellular base stations

Shareshop - 17 Jul 2007 11:53 - 399 of 481

How many Wi-Max licence-holder are there at moment?
I know later this year Ofcom will auction off a portion of airwave suited to both 3G mobile phones and to Wi-Max. A decision by BT to enter the auction could pitch it against big mobile players?
So Wi-Max licence could possible be worth lot money to pipex?

MightyMicro - 17 Jul 2007 16:03 - 400 of 481

Remember that there is both licensed and license-free spectrum available for WiMAX. I doubt if the license -- assuming they have one -- is worth much.

skyhigh - 17 Jul 2007 16:17 - 401 of 481

Think I'm finally going to give up on this one after a couple of years of nothig but fustration....had anough... I'll duck out with a 50% profit on a small number of shares...

ROARGIANT - 17 Jul 2007 16:59 - 402 of 481

i understand the licance free to be in a higher frequancy that is more open to interferance.the tiscali deal has to be rubber stamped at an egm.anybody heard of a date yet.

MightyMicro - 17 Jul 2007 18:12 - 403 of 481

ROARGIANT: AFAIK, licence-free WiMAX is in the 5.8GHz band, which is also used by 802.11a WiFi. I don't know if there is frequency overlap with it within the band. However, I do know that 802.11a WiFi is allocated dedicated spectrum, unlike 802.11b/g which shares 2.4 GHz with all sorts of stuff from microwave ovens, through Bluetooth, door openers and GATSO speed camera Radars.

m0dulus - 24 Jul 2007 13:28 - 404 of 481

SP is heading in right direction....makes a change.

queen1 - 24 Jul 2007 21:17 - 405 of 481

Especially on a red day like today's been.

israelgold - 24 Jul 2007 23:29 - 406 of 481

i have noted that when the ftse is down this share is on the rise

wireless - 31 Jul 2007 08:29 - 407 of 481

My first post - be gentle with me!
Mighty Micro - point of detail - no such thing as licence-free WiMax in UK - only WiMax is licensed. There are indeed earlier versions which are WiMax-like (802.16a variants) but these cannot be called WiMax.
Shareshop - There are only two current WiMax licence holders - Pipex and UK Broadband. Since WiMax as a technology has real differentiators, this therefore creates a premium on the licences. I believe your reference to OfCom auction is out of date - there was to be a licence for 2.5GHz spectrum in the Autumn. Following pressure from the 3G competition this has been cancelled/delayed and may never happen. This only makes the existing 3.5GHz licences all the more attractive to Operators, Systems Integrators and end users (IMHO).

maggiebt4 - 31 Jul 2007 11:00 - 408 of 481

Sounds good to me wireless Keep posting!

wireless - 01 Aug 2007 13:31 - 409 of 481

OfCom has just updated status on the alternative 2.5G spectrum auction. It confirms that the Mobile Operators have been against the auction, but states that it is convinced that [WiMax] Operators have a competitive offering that users actually want and that they should therefore press ahead in freeing up further WiMax spectrum (paraphrasing).
Bottom line is that a further round of debate is to take place, leading to regulations being enacted in Q1 2008, leading to the auction proper in Q2 2008.
If you want to wade through the detail, go have a look at the OfCom release at
http://www.ofcom.org.uk/consult/condocs/2ghzdiscuss/summary/

woody57 - 02 Aug 2007 17:04 - 410 of 481

EGM Friday 11.00am .News regarding-Wimax-possible payment to shareholders re Tiscali-how the company goes forward??? dont hold your breath.jim

israelgold - 14 Aug 2007 13:15 - 411 of 481

Where are all these 19p - 22p valueations that some have posted here just six months ago?

sned - 14 Aug 2007 13:39 - 412 of 481

ouch - thats a sight, then again, general market sentiment and obviously PXC no exception.

scottinvestor - 16 Aug 2007 11:28 - 413 of 481

8p i think

cynic - 16 Aug 2007 11:36 - 414 of 481

cut my losses .... see little or no upside in the near future

crockham - 16 Aug 2007 11:40 - 415 of 481

Just a query over valuations. When Tiscali agreed to buy part of Pipex for 210 m., the company was valued at about 380 m. (I believe). Today the whole co. is valued at 245 m. Does it mean the balance left is only worth 35m.?

sned - 16 Aug 2007 11:54 - 416 of 481

and where is the cash from the Tiscali sale factored here ...?

2517GEORGE - 16 Aug 2007 12:52 - 417 of 481

crockham-----I would imagine that both elements would have shrunk in value.
2517

neilmcleod - 16 Aug 2007 13:08 - 418 of 481

TIscali offer is fixed at 210m (or 8.7 p per share). rest of Co is worth far more than the market is factoring in, but the general fall applies to everyone, despite these facts !!

can Tiscali withdraw from this deal? That is my only worry....

2517GEORGE - 16 Aug 2007 13:13 - 419 of 481

Or revalue (downwards) it's offer?
2517

scottinvestor - 16 Aug 2007 16:22 - 420 of 481

maybe they will ofer 1 by time market is in 2 months or so

woody57 - 17 Aug 2007 15:11 - 421 of 481

OFT Clears the way for Tiscalis takeover of Pipex

woody57 - 17 Aug 2007 15:54 - 422 of 481

PIPEX BROADBAND

m0dulus - 21 Aug 2007 16:21 - 423 of 481

Any ideas what the next 6 months looks like in terms of SP. Should one hold onto these or jump ship.

scottinvestor - 21 Aug 2007 17:03 - 424 of 481

its a share to leave in the drawer long time, i've done fine by them but it has dropped a lot from 17p..........if it takes another year or 2 to get there again, i'll sell

skyhigh - 22 Aug 2007 16:09 - 425 of 481

crikey ! sp moved up ! that can only mean one thing ..... it'll go down again !

skyhigh - 23 Aug 2007 14:48 - 426 of 481

Surprise surprise! it's gone back down again !

woody57 - 23 Aug 2007 15:44 - 427 of 481

Talking to yourselfv again

cynic - 13 Sep 2007 18:55 - 428 of 481

oh dear oh dear oh dear! ...... sure am glad i cut my losses a couple of pence higher; just a shame that i got greedy and thought buying had to be a surefire success!

Lostandfound - 13 Sep 2007 19:30 - 429 of 481

So now where are with this? When does the transfer of assets take place? Is it intended the sale funds are distributed or invested and if so in what? I understood Wimax was left with Pipex if so what plans are there for a Wimax role out.

I'm confused and unfortunately a shareholder.

Grateful for comments.

ROARGIANT - 17 Sep 2007 10:23 - 430 of 481

half year results out next tuesday.we may find out about return of funds to shareholders then.should start to hear of roll out of wi-max shortly after the more news the merrier it should start to push these shares north imho.

Shareshop - 07 Oct 2007 11:31 - 431 of 481

210 million or 8.7p share in cash and rest of the company must be worth more than 0.7p share

ROARGIANT - 08 Oct 2007 17:32 - 432 of 481

out of that 210million 90million goes on repaying the bonds.i believe they get repayed on the 31st october.the remainder of the money is staying with the hosting buisiness so when that gets sold wave goodbuy to that money.that said there should be a return to shareholders of 250million+ thats a 10p divi or thereabouts.when the share price gets adjusted we are left with pipex wireless or freedom4 as it is now called.wi-max is taking hold worldwide this share has lots of potensial.imho

ROARGIANT - 09 Oct 2007 18:11 - 433 of 481

correction. bonds get repaid on the 12th.should the demerger of pipex wireless be sucsessful and the sale of theremainder of the buisiness be completed in the forth quarter as dubens says it will then the company will seace to be.funds left in the bank will be returned to shareholders.it should be more than the current share price.most share holders have held on there shares because of the potencial of wi-max it looks like we are about to get ripped of just as wi-max goes to market.is anybody suprised.

scottinvestor - 10 Oct 2007 16:34 - 434 of 481

sp almost as much as takeover recently. This is starting to look silly

Shareshop - 11 Oct 2007 12:31 - 435 of 481

I can't believe this is hit so low

scottinvestor - 11 Oct 2007 12:41 - 436 of 481

it goes down every day.........i bought 4 years ago and its getting back to price of way back then.

Shareshop - 11 Oct 2007 12:48 - 437 of 481

I have bought and sold couple of times but lossing money this time around

scottinvestor - 12 Oct 2007 12:29 - 438 of 481

sp now at market value of less than tiscali offering.........how low is this going.....its been down for weeks, i dont think it ever goes up.

70 million trades by midday.....hmmmm

something got to give soon......wish i sold at 17p now 7 months ago.....i never cos of CGT and that damn gordon brown

cynic - 12 Oct 2007 12:45 - 439 of 481

you only pay tax on profits and even then there is 9k profit p.a. allowance before anything payable at all! ...... still not too bright to keep hanging on when clearly nothing good was going to happen even after the part sale to tiscali ..... trust you don't also hold SEO or SUB!

BigTed - 12 Oct 2007 13:01 - 440 of 481

one for Hlyeo's thread...

scottinvestor - 12 Oct 2007 14:26 - 441 of 481

yes but i was on more than 9k at the time.

9k isnt much these days..........another thing that brown has hardly increased just like inheritance tax. Most things have at least doubled or even trebled in 10 years.
CGT should be nearer 20k.

Even a decent car costs at least 20k

why doesnt brown waken up and stop living in the past.....of course he has fat pension too....he's even icreased his pension by 1.7 million since Labour in power......nose in the trough as usual

maestro - 12 Oct 2007 17:11 - 442 of 481

must be being shorted by tradx's crew i reckon...or hoodies?

cynic - 12 Oct 2007 20:20 - 443 of 481

scott* .... and your point is? .... seemingly, rather than pay twopence tax on your gains over 9k you would rather whinge now that you have done your dosh and seemingly still not bitten the bullet

scottinvestor - 15 Oct 2007 10:27 - 444 of 481

u never seem to understand my comments cynic.

The point is 9k is way undervalued in moderrn age.....it should be nearer 20k!

got the picture now...........i also note that any share that i have that aint doing well, u seem to be on it almost every day..........it doesnt bode well then for pipex.........it was doing fine ticking up bit by bit years ago until this year when u suddenly appeared when it surged to 17p

cynic - 15 Oct 2007 10:42 - 445 of 481

"The point is 9k is way undervalued in moderrn age.....it should be nearer 20k!" ...... what a load of tosh! ..... gov'ts are not there to featherbed investors or anyone else; their (correct) concern is to garner sufficient (tax) revenues to enable the country to be run sensibly - if that is not imbuing the powers that be with too much innate common sense and honesty and everything else!

my gripe with you, inasmuch as i can be bothered to have one, is that you just whinge about something that is entirely your own fault though, like many others, you are seemingly incapable of accepting responsibility for your own (in)actions

m0dulus - 29 Nov 2007 23:15 - 446 of 481

Any reason for the SP rise????

maggiebt4 - 30 Nov 2007 12:54 - 447 of 481

Looks like Kaupthing Bank, HBOS & Collins Stewart have bought shares. I think! Find these notifications hard to understand Perhaps that's the reason.

scotinvestor - 30 Nov 2007 13:02 - 448 of 481

at least cynic bought at 16 or 17p in big amounts........he must have lost a fortune....and he hyped this up more than 6 months ago, lol.

he'll pretend he sold now i bet for a fraction of a loss.........he's bought lead too recently, another loser.

u only see cynic on shares that recently tumble.........u hardly see him on a share that rises

he should change his nick to "LOSER".....or "mongrel" or "gypsy illegal immigrant" or "wee runt"

cynic - 30 Nov 2007 17:11 - 449 of 481

the most i had here was 350,000 and for sure i lost money, though perhaps not as much as you might wish i had ...... from memory, i got out of the last ones at about 12.5 several months ago

but at least i own up to ones where i make a mistake and find no need to lower myself to your level of boorish personal abuse

kitosdad - 01 Dec 2007 11:52 - 450 of 481

Scot, this isn't ADVFN. No need at all for your caustic comments.

cynic - 01 Dec 2007 15:26 - 451 of 481

oh he can be as caustic as he likes, but he isn't witty or intelligent enough to be entertaining at it .... merely shows him in his boorish true light

gbrown100 - 05 Dec 2007 13:37 - 452 of 481

Scotinvestor

What you posted is out of order, be mindful of the those people reading this you may upset who are not your intended target. Maybe you should take a look at these: (T&C's of the website)

Contributions must not:

* Contain any material which is defamatory of any other person;

* Contain any material which is obscene or offensive;

* Infringe any copyright, database right or trade mark of any other person;

* Be likely to deceive any person;

* Be made in breach of any legal duty owed to a third party such as a contractual duty or a duty of confidence;

* Be likely to harass, upset, embarrass or alarm any other person;

* Be likely to disrupt our service in any way;

* Give the impression that they emanate from us where this is not the case;

* Advocate promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse;

* Advertise any product or service other than MoneyAM without our prior written consent;

* Contain any personal information or details about a fellow poster. Any poster doing so will have the post removed and their access to the bulletin boards revoked;

scotinvestor - 05 Dec 2007 13:39 - 453 of 481

i just hope your name aint gordon! god, how do we get rid of that so called pm.....totally incompetent

cynic - 05 Dec 2007 14:50 - 454 of 481

he's scottish too isn't he?

scotinvestor - 05 Dec 2007 15:07 - 455 of 481

i'm embarassed to say he is........but you english seem to accept the biggest scots idiots down in london......brown, darling and browne.....scary!

mind you we have wendy alexander up here.....if she had a brain, she would be dangerous

cynic - 05 Dec 2007 15:09 - 456 of 481

with some scots, even our renowned patience wears out

gbrown100 - 21 Dec 2007 09:47 - 457 of 481

What is there left for pipex now? I am still a little confused as to what got sold off and what didn't. Is there anything left to look forward to here?

scotinvestor - 21 Dec 2007 10:33 - 458 of 481

there aint much to look forward to in UK with gordon brown and co let alone pipex.........i'm still holding to see what happens.......part of my portfolio and still in profit so still ok

ROARGIANT - 21 Dec 2007 16:33 - 459 of 481

suposed to be selling everything (less wi-max joint venture)including most of the bank balance to an investment company to which dubens has an interest in.watch for the price as the hosting businesses should be worth at least 175 million plus money in bank.anything less would be very suspect.wi-max has lots of potential but might not contribute to earnings for another year or more yet.dont expect this share price to fly unless one of the competion takes a liking to the wi-max licanse and know how of pipex.will continue to hold myself.

Shareshop - 04 Jan 2008 11:43 - 460 of 481

This was in FT yesterday.....

Pipex up on wireless bid vibe

Published: January 3 2008 02:00 | Last updated: January 3 2008 02:00

Pipex , the internet and telecommunications company, was in focus late yesterday as bid rumours swirled.

Following the 210m sale of its broadband and voice business to Tiscali in September, Pipex put its web hosting and business service division up for sale and said it would demerge its fledgling wireless business.

The talk in the market yesterday was that the two divisions could fetch up to 130m and that proceeds would be returned to shareholders. One interested bidder is Oakley Capital Private Equity, in which Peter Dubens, the founder and chairman of Pipex, is a partner. Pipex closed 0.7 per cent higher at 8.53p.

micky468 - 13 Feb 2008 17:38 - 461 of 481

it looks like things may start to heat up again

Intel and FREEDOM4 Collaborate to Accelerate Deployment of WiMAX Network in the U.K.
Intel Capital Provides Growth Capital to FREEDOM4
LONDON Feb. 11, 2008 In an effort to bring people faster, lower cost and a truly mobile, data broadband technology, FREEDOM4 and Intel Corporation today announced a collaboration to accelerate mobile WiMAX deployment in the U.K. Intel Capital, Intel Corporation's global investment organization, also announced that it has signed an agreement to make a substantial investment in U.K. based FREEDOM4 Limited (FREEDOM4), formerly known as Pipex Wireless Limited. Pipex Communications PLC will also join Intel Capital in this investment. This latest investment from Intel Capital and Pipex Communications, a major U.K. based telecommunications provider, follows FREEDOM4's successful WiMAX trials in the U.K.

FREEDOM4 is a pioneer in WiMAX services with broad spectrum assets, which will enable the deployment of WiMAX across the U.K. WiMAX services provided by FREEDOM4 aim to make personal wireless broadband available to both businesses and consumers at affordable prices. WiMAX represents the future of mobile broadband and Intel Capital, along with tremendous support from a worldwide ecosystem, is a leading global investor in WiMAX technology.

"Intel Capital is a major investor in WiMAX technology and is committed to accelerating the deployment of open-standards mobile broadband around the world," said Arvind Sodhani, president of Intel Capital. "FREEDOM4 has built a top-notch management team and this is a strategic investment opportunity through which we can help facilitate the deployment of wireless broadband in the U.K market."

Mike Read, CEO, FREEDOM4 adds, "Following the success of the commercial launch of our services in Milton Keynes, we are in the next phase of our development: making FREEDOM4 the market leader in 'personal' wireless broadband access. The investment from Intel Capital and Pipex Communications will facilitate the roll out of a WiMAX network in other cities around the U.K., providing a truly flexible service to businesses and consumers."

Delivering Mobile WiMAX
Intel is a leader in driving the development and deployment of WiMAX, a new wireless broadband technology that delivers "broadband on the go." Mobile WiMAX, based on the IEEE 802.16e industry specification, is a mobile broadband wireless technology that provides low-cost, multi-megabit speed and increased throughput for accessing large amounts of data such as movies and multimedia content. Intel's integrated Wi-Fi/WiMAX module (codenamed "Echo Peak") will debut in certain next-generation Intel Centrino processor-based laptops (codenamed "Montevina") beginning in the middle of the year. The company's low-power mobile WiMAX silicon specifically designed for mobile Internet and consumer electronic devices (codenamed "Baxter Peak") will also be available this year.

For more information from Intel about WiMAX, visit the press kit covering the 2008 Mobile World Congress at www.intel.com/pressroom/kits/mobileworld

About Intel
Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom and blogs.intel.com.

cynic - 13 Feb 2008 17:46 - 462 of 481

strewth micky, you don't half back some stinkers ..... why on earth are you still invested here? ..... you should have sold your stock to the "scaley pict" who was rattling on in October about how the shares should be at least double what they are now - actually i think 20p was closer to the mark

micky468 - 13 Feb 2008 17:52 - 463 of 481

i like a bet cynic and underdogs,, if they let me down what the f**k ..but i'm long trem on all my share. i'v got time on my hands so i can play i;m looking at 2010 if all go's to plan i'll my you a house in london .........if not have you got a room to let..........;-))

cynic - 13 Feb 2008 18:06 - 464 of 481

plenty of better bets than this 3-legged dog

micky468 - 20 Feb 2008 11:19 - 465 of 481

looks like that 3-legged dog as just got it's froth leg.........;-))

http://www.theregister.co.uk/2008/02/19/intel_to_save_wimax/

2517GEORGE - 20 Feb 2008 11:26 - 466 of 481

Looking at the trades even with a fourth leg it still looks shaky.
2517

cynic - 20 Feb 2008 11:27 - 467 of 481

this stock should be added by those whio also think GTL is a good buy .... or should that be "goodbye"?

2517GEORGE - 20 Feb 2008 11:33 - 468 of 481

Agree, I sold out long ago, and have not looked to get back in.
2517

micky468 - 20 Feb 2008 12:27 - 469 of 481

morning cynic
can see you've not taken them high blood perisher tablets this morning, or your vitamin C tablets..;-))

cynic - 20 Feb 2008 12:29 - 470 of 481

am on acid!

micky468 - 20 Feb 2008 12:36 - 471 of 481

if things keep going this way today i might have to join ya..........lol

2517GEORGE - 02 Apr 2008 16:42 - 472 of 481

crikey FFC (the old PXC) has dropped off a cliff.
2517

nancy - 02 Apr 2008 16:45 - 473 of 481

Probably the buy back of shares re the payout to shareholders.

scotinvestor - 02 Apr 2008 16:59 - 474 of 481

its on 0 now, lol.

what payout to shareholders? when they giving money to shareholders

cynic - 02 Apr 2008 17:15 - 475 of 481

not quite nil = approx 2.75p ..... presume something to do with confirmation of the disposal

trust you got out several months ago, but having looked back at your post in October, i rather doubt it

maggiebt4 - 02 Apr 2008 18:00 - 476 of 481

Paying out 156.94 million in cash called a tender offer to buy back shares at approx 10p a share Think you can only sell 52% of your holding. Can't find payment date think it's around 18 Apr

scotinvestor - 02 Apr 2008 18:14 - 477 of 481

hi cynic

i took your advice when u said it was crap....i sold at about 8p for a small profit.
i sold about 2 months ago i think roughly.........do i get anything from pipex? or is cos its now not trading since whenever that only then it gives money to shareholders?

maggiebt4 - 02 Apr 2008 18:23 - 478 of 481

Disposal has to be argeed by share holders don't think it will trade until all is settled Don't think you could get anything back because they're buying back shares and you've none to sell now.

cynic - 03 Apr 2008 08:20 - 479 of 481

never thought i would ever hear the day when you thought i might be right - lol! ..... glad you bailed out tho

scotinvestor - 03 Apr 2008 13:23 - 480 of 481

actually i have thought your advice recently on indices and a few threads has been good.....i never said

sorry cynic......i know u r cynic as name but u do seem to be doom and gloom at times.....i thought i was bad as people think i'm pessimistic,lol

myway - 04 Apr 2008 11:54 - 481 of 481

This is one company that must soon start to trade up once more follow the story at www.shareclubuk

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PIPEX (PXC)