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PIPEX COMMUNICATIONS - TIPPED FOR 2004 (PXC)     

moneyman - 03 Jan 2004 20:03

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".

skyhigh - 21 Apr 2005 09:04 - 1117 of 1874

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

Troys - 21 Apr 2005 09:30 - 1118 of 1874

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

zscrooge - 21 Apr 2005 14:20 - 1119 of 1874

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

Orrill - 22 Apr 2005 13:31 - 1120 of 1874

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?

Oakapples142 - 22 Apr 2005 13:39 - 1121 of 1874


May have to await Fulham winning the Premiership !!

Troys - 22 Apr 2005 14:49 - 1122 of 1874

No chance of a divi then oakapples142?

Oakapples142 - 22 Apr 2005 16:49 - 1123 of 1874


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

Troys - 28 Apr 2005 07:32 - 1124 of 1874

PIPEX Communications plc

Acquisition of Donhost Limited for 5.9m



Strengthens hosting offering and takes total PIPEX hosting customers to over
250,000 and domain name registrations to over 1 million


PIPEX Communications plc ('PIPEX'), the telecoms network operator and provider
of hosting and broadband solutions, is pleased to announce the acquisition of
Donhost Limited ('Donhost'), the dedicated and shared hosting and domain name
business.


Donhost is a web hosting business providing shared and dedicated servers,
reseller solutions, domain name registration and Internet access to business and
residential customers in the UK and worldwide. As at the end of March 2005
Donhost had 92,000 end customers for hosting services and 120,000 domain names,
which takes the total number of domain name registrations for the PIPEX group to
over 1 million.


Donhost has been profitable and cash generative under its founder and Managing
Director Daniel Conlon. During the year ended 31, December 2004 Donhost's
unaudited turnover was 1.3 million and unaudited PBT was 707,000. Donhost
brings with it cash balances of 1.4 million at acquisition. Over the last 12
months Donhost has grown substantially, benefiting from the increasing demand
for sophisticated web hosting solutions fulfilled by its range of fully managed
servers.


Donhost's staff will continue to operate the company and service its customers
and Daniel Conlon will remain within the PIPEX group. Both companies are
optimistic about the opportunities created for cost savings and cross-selling.


PIPEX has acquired Donhost for a total consideration of 5.9 million which will
be satisfied by cash consideration of 4.1 million and 1.8 million in Ordinary
Shares of 1p each in PIPEX at a price of 7.75p. The 22,840,000 Ordinary Shares
are expected to be admitted to AIM by 29 April 2005.


Peter Dubens, Chairman of PIPEX, said:


'As shown by our recent preliminary results, PIPEX now has an extremely strong
product portfolio comprising broadband, hosting and network services. Having
completed the integration of Host Europe and Nildram over the last 8 months, we
are now well placed to further strengthen the hosting part of our portfolio with
the acquisition of Donhost. I am confident that its product set and extremely
efficient reseller model will enhance our current hosting offering and we look
forward to working with Donhost's staff and customers.

Troys - 28 Apr 2005 10:22 - 1125 of 1874

Will nothing move the price?

skyhigh - 28 Apr 2005 10:30 - 1126 of 1874

No.....
Good aquisition... bit expensive though ?

I think the sp will be suddenly marked up out of the blue... good time to top up

Troys - 28 Apr 2005 13:42 - 1127 of 1874

Skyhigh. You were right it suddenly moved up. Keep talking it up

sidtrix - 28 Apr 2005 13:52 - 1128 of 1874

Dont think we would need to talk this up... the company is just growing by the day (can see it @12p in the near future)

With broadband you can have speeds 10x faster ;)

skyhigh - 28 Apr 2005 13:59 - 1129 of 1874

I think the sp will be suddenly marked up out of the blue... good time to top up
again !

Troys - 28 Apr 2005 14:53 - 1130 of 1874

Skyhigh keep it going

Troys - 28 Apr 2005 14:54 - 1131 of 1874

8.25 next stop

skyhigh - 28 Apr 2005 15:01 - 1132 of 1874

I think the sp will be suddenly marked up out of the blue... good time to top up
again !

Perhaps we'll get the bid up again now!

Should see lots of good press tomorrow & over the weekend/next week,
Good news is being released on a regular basis... just need a good trading update etc. and the sp should really fly ! (imho)

sidtrix - 28 Apr 2005 16:01 - 1133 of 1874

I wont jinx you guys by saying anything... Common skyhigh ;)

Troys - 28 Apr 2005 16:09 - 1134 of 1874

Skyhigh welldone we will settle for todays rise and wait for tomorrow and after the weekend for a further push north.LOL

skyhigh - 28 Apr 2005 16:19 - 1135 of 1874

Yeh .. not a bad days work ! Long may it continue !

Troys - 28 Apr 2005 16:19 - 1136 of 1874

Some big buys coming in again. Another order to fill?
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