Tipped by the independent 2/01/2004

........."And so to our traditional "wild card". Pipex Communications, formerly known as GX Networks, is a telecoms company created by one of the entrepreneurs behind Ukbetting, Peter Dubens. It has been assembled from six smaller players. The ambitious company is generating cash for the first time but is still not widely followed in the City. It could be an undiscovered gem".

How many more do we have to buy to move the price upward?

As many as we can get in until Monday 11th... lol

LOL skids

http://www.newratings.com/analyst_news/article_764241.html

Looking good. LOL

Another 10m gone through. Lets see some blue.LOL

Traded over 30m now.

Is in not only frustrating but also suspicious that this stock has so many unknown trades which appear to be buys (no less than 26 mil to-day !!)

Oakapples142 all the big trades at 7.38 above the mid price. They have got to be buys. Big guns are filling there boots for monday.

I do agree Troys and trust we are both right

Oakapples142

the trades screen will show anything below mid as a Sell and anything above as a Buy. But it is not a true picture... its just a best effort guide. Best to ignore what its indicated as and look at volumes and price movement.

cheers
skids

Fair play look like they could have been SELLS from yesterday!!

Ticked up today ahead of results on Monday - loads of buys coming in which is hopefully a sign of good results?

A good start today

Big L trade posted late yesterday?

daily star buisiness page today.shares in telecoms network operator PIPEX COMMUNICATIONS were steady at 7.37 yesterday amid speculation it could announce a contract win.the firm was on cource to meet the citys 2004 profits forecasts and has seen broadband customers growth.this board keeps things close to their chest and rarely tries to bull up the company.its financial statements normally include news it has saved up.imho it will be a pleasant suprise.

hope so !

More big volume today as well.LOL

What are those very large 'unknown' trades - trades of 2m, 10m & two 5m's - looks very interesting?

32,000,000 today. Have a good weekend all :)

Pipex cashes in on broadband appeal
Tony Glover
April 10, 2005 12:00 AM (GMT)
UK-listed internet services provider Pipex will this week reveal that its revenues have almost tripled. Pipex will on Monday announce that its revenues rose to just over 100m (E146m, $188m) for the full-year 2004, up from only 35.2m in 2003.

According to Investec Securities, Pipex will have turned a loss of 7.8m in 2003 to normalised pr-etax profits of 7.6m in 2004. Investec's expectations are even more bullish. It is estimated that Pipex will have a turnover of 135.5m in 2005, rising to 158.2m in 2006. Pr-etax profits are set to rise from 12.3m in 2005 to 18.5m in 2006.

Pipex's turnaround is partly a result of acquisitions: the company made about seven purchases in an 18-month period. The most recent of these was the Nildram takeover in August 2004, which followed the purchase of Host Europe on 2 April.

Pipex went on its takeover spree at a time when the industry was only starting to discuss the wave of consolidation that has now engulfed the telecoms sector.

According to one analyst: "Pipex probably made its acquisitions at the right time. The valuations of the smaller internet service providers have already started to creep up and potential targets no longer look as attractive as when Pipex was buying."

Pipex reports that increasing use of the internet is driving broadband internet adoption. According to Pipex, millions of Londoners are now turning their backs on traditional desk jobs, with over half planning to spend more time working from home.

According to Dominic Crolla, managing directo,r Pipex Internet: "The broadband phenomenon has been growing rapidly over the past few year.s Already our research has shown people are now using the internet as part of their daily lives -- checking the weathe,r doing their banking and buying food on a regular basi.s"