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".

Peter Dubens, Executive Chairman, commented:

'I am pleased to report record sales, EBITDA and free cash inflow for the first
half of the year. We will continue to focus on the key growth areas of broadband
and hosting both organically and through acquisitions where we again see a
window of opportunity to increase shareholder value, as we did in 2003 and 2004'

Value down the pan so far !!!!

More dodgy dealing I think........4m T- Trade. Deals for the boys IMO.

just bought 50000 it as come up as a sell.

All this MM and stuff does my head in. I guess the small investor like moi is always well and truly at the back of the queue when it comes to the forces of market and economics.....I guess I need to learn how to ride the camels back so to speak!

"increased shareholder value" what exactly does that mean hey!
I doubt Peter Dubens cares about shareholders and more to building an empire and being remembered for it. Create, Accolade, Spawn...next! maybe?

anyway....there are good things about this company I wish it could equate to a good P/E and up the SP....mmm

EBITDA rose 32% to 29.3m from 20.3m previously, while turnover soared by 47% to 64.1m. Pre-tax losses increased to 3m compared to 1.8 loss incurred in previous year due to intangible amortisation costs of 1.5m.

Total (Paris: FR0000120271 - news) customer number for the group increased by 37% with broadband customers rising by 75% to 215,000 subscribers from 123,000, while the other two divisions, hosting and network services also performed to expectations.

This from Yahoo Finance explains why the share price reacted badly..

In a telephone interview, chief executive Mike Reed said the company would gain pre-tax profitability only through further acquisitions. This year it has already extended its hosting business by acquiring Donhost for 6.5m

"We will continue to focus on the key growth areas of broadband and hosting both organically and through acquisitions where we again see a window of opportunity to increase shareholder value, as we did in 2003 and 2004," the group said in the statement.

Pipex 1H Cashflow Stronger-Than-Expected

Thursday, September 08, 2005 3:36:42 AM ET
Dow Jones Newswires



0721 GMT [Dow Jones]--Pipex (PXC.LN) 1H results are bang in line with Investec forecasts, and in line with trading statement. Analyst Matthew Pearson says cashflow of GBP5.4M is ahead of expectations. Company is still strategically reviewing its WiMAX license and the license could hold significant value for the company. This suggests that although it is only in the trial stage, Pipex might consider selling the license. Rates at buy. Trades -4.1% at 8.875p. (NPF)

Pipex gears up for 24 meg broadband
By Tim Richardson
Published Thursday 8th September 2005 12:23 GMT

Pipex is gearing up to offer punters 24 meg broadband as part of the ISP's investment in local loop unbundling (LLU).

The ISP - which has 215,000 broadband punters at the end of June - is to wire up 60 BT exchanges to provide broadband direct to punters.

"We have selected those exchanges where we have at least 400 customers within 5kms of our core network, providing a payback within 24 months," said the ISP today.

Investing in LLU means that Pipex should be able to save money, but it will also be only be able to offer new services and speeds of up to 24 meg.

A couple of ISPs - including Easynet's UK Online and yet-to-prove-itself ISP "Be" - have already announced their plans for 24 meg services while Bulldog is expected to announce details of a 20 meg service sometime soon.

Pipex is expected to launch its 24 meg service early in 2006.

In a statement executive chairman Peter Dubens: "The initial orders for unbundling local exchanges have been given to BT and we are confident that this will lead to a greater utilisation of our network, better margins and enhanced product offerings to our customers in the future."

Details of Pipex's LLU plans coincided with the publication of the ISP's interim results for the six months to the end of June.

Turnover was up 47 per cent to 64m compared to 44m during the same period last year. Profit before tax and amortisation rose to 2.5m compared to 2m last year.

Think we are going to see a retreat on SP until we have some more news. I'm staying in.

Pipex gears up for 24 meg broadband
By Tim Richardson
Published Thursday 8th September 2005 12:23 GMT

Pipex is gearing up to offer punters 24 meg broadband as part of the ISP's investment in local loop unbundling (LLU).

The ISP - which has 215,000 broadband punters at the end of June - is to wire up 60 BT exchanges to provide broadband direct to punters.

Investing in LLU means that Pipex should be able to save money, but it will also be only be able to offer new services and speeds of up to 24 meg.

A couple of ISPs - including Easynet's UK Online and yet-to-prove-itself ISP "Be" - have already announced their plans for 24 meg services while Bulldog is expected to announce details of a 20 meg service sometime soon.

Pipex is expected to launch its 24 meg service early in 2006.

In a statement executive chairman Peter Dubens: "The initial orders for unbundling local exchanges have been given to BT and we are confident that this will lead to a greater utilisation of our network, better margins and enhanced product offerings to our customers in the future."

Details of Pipex's LLU plans coincided with the publication of the ISP's interim results for the six months to the end of June.

Turnover was up 47 per cent to 64m compared to 44m during the same period last year. Profit before tax and amortisation rose to 2.5m compared to 2m last year.

Two steps forward and..... two steps back.

typical PXC,,, it's now back to where I got in a year ago. ZZZZZZZZZZZZZZZZZZZZ.

u r lucky, i'm almost where i am from 2 years ago!!!!!!!!!

I could have sold at 11p well over a year ago but i thought they would get to 14 to 16p.

Share looks totally stagnant..........i aint impressed.
I remember Dubens getting entrepreneur of the year award...........what for? For making lots of money for himself it seems.

Pipex Is Hot For ADSL2+ After All
Date 16 Sep 2005
Author Gordon Kelly


Pipex Is Hot For ADSL2+ After All
It seems that Pipex was being coy after all. Just one month after the ISPs MD Mike Reed said me that ADSL2+ wasnt a priority, he appears to have changed his mind.
60 BT exchanges are now to be wired up to provide speeds of up to 24Mbps to cheer P2P sorry, Internet Enthusiasts. We have selected those exchanges where we have at least 400 customers within 5 kilometres of our core network, providing payback within 24 months, Pipex said in a statement. Early 2006 is expected to be the go live timescale.







At this stage it is unclear how an ADSL2+ service will effect the rest of the companys other packages (apart from make them cheaper, obviously). Specific details about this should roll out around Chrimbo time.

So its clear the race for that third place is heating up. Newbie Be Unlimited grabbed gold, by launching its service on 31 August, just two days before UK Online. Bulldog was expected to grab bronze, but as we know its being having its fair share of problems lately. As a result popular all in one HomeChoice looks set to pip it, but neither announcing actual dates, Pipex may just be a long shot.

Personally speaking, I like to think it was my more-is-more speech that I gave to Mike at Craven Cottage that did the trick Just call me Gordon Gekko ;)

What a surprise....


Pipex Communications PLC
19 September 2005


PIPEX Communications plc (the 'Company')

The company has made application for a total of 480,000 new ordinary shares of 1
pence to be admitted to the Alternative Investment Market ('AIM') following an
exercise of options from the company's Employee Share Option Scheme and rank
pari passu with the existing Ordinary 1p shares.

New RNLI web site to make a splash
Lifeboat charity seeks to raise profile through the internet

Daniel Thomas, Computing 21 Sep 2005
ADVERTISEMENTThe Royal National Lifeboat Institution (RNLI) is overhauling its web site so that it can increase donations and recruit further volunteers.

The organisation has signed a deal with ISP Pipex to host the new system, which is intended to go live in November.

The charity aims to increase the sites visitors and donations fivefold by introducing ecommerce functions and real-time information about rescues.

As a charity, we rely on voluntary donations online and through people buying things from the shop, said Steve Burns, web team leader at RNLI. We need to find ways to attract more people to the web site by adding new functionality. We also want to encourage them to donate or get involved.

One new application will be the out on a shout facility, which will allow people who are considering volunteering as a lifesaver to see where lifeboats are conducting rescue missions.

People will be able to see when a lifeboat has been called out; get information about the latest rescues; shop, donate and find out about the history of the organisation, said Burns.

RNLI will use four virtual local area networks protected by Cisco firewalls to run the system. The key thing with the Pipex system is that its dedicated, stable, resilient and secure, said Burns.

The web portal will also provide secure access for the RNLIs 4,500 volunteer crew members, so that they can access training modules and information over the internet.

The charity is also planning to make considerable savings on hosting and domain name costs. The plan is to consolidate local web sites, run by many of its 223 lifeboat stations around the UK, on to the www.rnli.org.uk site.

It will be a lot easier to manage and it will be a lot more cost-effective, said Burns. The plan is to amalgamate all of this into the main web site and then to introduce a new content management system.

Pipex will host the system from its London data centre at Harbour Exchange, which has strong business continuity systems in place to ensure that the portal does not fail.

BE offers surfers new opportunities with 24 meg broadband
September 26, 2005 by Emma Rigby Revolution.com

LONDON - Broadband ISP Be is to launch a super-fast 24 meg service, which it claims is the first in the UK.

The ISP said that one 24 meg line will be able to offer two streamed high definition TV channels, as well as three or four standard TV or video-on-demand channels with enough bandwidth left for general surfing and internet voice calls.

The move comes as BT announced the creation of its new access services business OpenReach, which provides equal wholesale access to all service providers, including BT's own retail division.

Ofcom believes the setup will lead to lower prices and broader choice for consumers.

It follows the move by BT last May to dropped its wholesale prices, which allowed ISPs to offer more aggressive pricing and packages.

Be is the first of a clutch of ISPs angling to offer competitive packages and comes after Pipex's announcement at the start of September that it will soon offer punters 24 meg broadband as part of the ISP's investment in local loop unbundling.

Rival Easynet's UK Online planned to launch its 24 meg service at the start of October and Bulldog recently unveiled its 20 meg service.

The Be service will offer its members 24-hour access for 24 a month.

Dana Pressman, managing director at Be, said: "This radically enhanced capability will change the way that people use their computers and opens up a world of opportunities as exciting as the advent of broadband itself."

To sign up customers need a BT line connected to an exchange in which Be has installed its equipment.

onhols had a good look at this share and i my self. think dubins is as much use as a dead donkey. sell.are get rid of him.

onhols had a good look at this share and i my self. think dubins is as much use as a dead donkey. sell.are get rid of him.

i have now sold all my stock.where will.i put 11000.yoo.

Good luck Tanker... I've always regretted seeling too early when nothing much is happening... they then go up... but I don't blame you with PXC. it's certainly trying my patience...