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".

I see it as a very good sign.

i think they might have shot there own foot here

never mind the sponsorship

imho the teams owner does not really get on with the higher archy of this country this might be a negative deal imho

i hope not but there are a lot of snobs in charge of companies here who might not like offending the royalist brigade

just an opinion as far as im conserned gonads to them

Once the new season gets underway, PIPEX advertising will be on the TV (shirts / ground) just about every day. I'm not too sure if anyone pays any particular attention to the Fulham Chairman. Good news as far as i am concerned.

PTH

approx 3m of T trades after play time again !!!!!

68,650,000m or 3.13% of Shares taken by Canada Life Group of companies.

LOL

A greater of exposure of the ISP brand PIPEX as a familiar household name, consistenly seen daily in newspaper sports pages and on TV, will only help to promote the increase in Broadband customers and subscription revenue for the company. As Pipex is already profitable and set for further growth this can only be seen as a good sign.

I also note from RNS today that the Canada Life Group of Companies has a major holding of 68,650,000 Ordinary Shares representing 3.13% of Pipex. Although the RNS doesn't disclose the number of shares and whether bought or sold, I assume the RNS means that these have been a buy and perhaps indicates why the share price has remained depressed whilst the MM's have gathered this stock.

If this is correct and Canada Life has been the only major institutional buy order for MM's to fill, then perhaps the SP will now get back up to 12p as recommends and rumour suggest this to be a fair value. If there are any more large institutional buy orders waiting on the side lines to be filled then a rise in the SP to expected levels is IMO not to hopeful that it will.

Ticked up today

Spread now 10%

If another aquisition were to take place , who do you think would be the likely targets ?

EVS would be nice

C&W have got the money and want to move into Broadband

http://www.moneyam.com/action/news/showArticle?id=750110

more large late T trades again.

Nice write up in Shares today.

A storming set of results, tripled turnover, EBITDA profit of 13.6 Mln ,now free cash flow +ve, WiMax trialled with partner. Confident of further strong growth across all divisions in 2005.

Summary, quote : "Great prospects and a very attractive take-over target"

zscrooge...good info... shame about the sp...!

Thanks zcrooge. This will need all the good news it can get.

I think we'll get there (somewhere) in the end!

Should no-one arrive on the scene to take over PXC in the immediate future, and the company carries on making profits, when is dividend likely?

May have to await Fulham winning the Premiership !!

No chance of a divi then oakapples142?

Too right Troys - I am a life long supporter of the team just up the road !! no longer so keen however given the obscene wages now dished out - spend my spare money on the Stock Market now rather than 60+ on a Saturday. Nice win overall to-day and with just one "own goal" Mediwatch. Monday should be even more interesting that usual