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.

All it takes is two! hopefully desperate to acquire

I hope so........

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

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

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

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.

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.

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.

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

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

A few responses to Strawbs.

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

i often agree with Strawbs, but not this time

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.

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?

my guess is minimum 19 maximum about 22

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.

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

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."

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