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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".

hlyeo98 - 03 Apr 2006 12:36 - 1811 of 1874

It has done nothing...why is that???

Troys - 03 Apr 2006 13:36 - 1812 of 1874

Pipex Communications PLC
03 April 2006

NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

PIPEX Communications plc

2. Name of shareholder having a major interest

UBS AG

3. Please state whether notification indicates that it is in respect of holding of the shareholder
named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder
if it is a holding of that person's spouse or children under the age of 18.

As in 2 above

4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each
of them

UBS AG London Branch 381,444,200
UBS Global Asset Management (Life) Limited 43,015,599
UBS Wealth Management (UK) Limited 1,239,000*

UBS AG (Switzerland) 33,481,500*



* non-material


5. Number of shares/amount of stock acquired

N/a

6. Percentage of issued class

N/a

7. Number of shares/amount of stock disposed

N/A

8. Percentage of issued class

N/A

9. Class of security

Ordinary 1p shares

10. Date of transaction

27th March 2006

11. Date company informed

29th March 2006

12. Total holding following this notification

459,180,299

13. Total percentage holding of issued class following this notification

19.82%

14. Any additional information

None

15. Name of contact and telephone number for queries

Stewart Porter 01296 300 081

16. Name and signature of authorised company official responsible for making this notification.

Stewart Porter, Finance Director



Date of notification: 3rd April 2006




This information is provided by RNS
The company news service from the London Stock Exchange


queen1 - 03 Apr 2006 16:20 - 1813 of 1874

How can it be down on the day??!!

skyhigh - 03 Apr 2006 16:32 - 1814 of 1874

easy ! we're being stuffed !....PXC has reacted like this in the last few yrs so no great surprise! . need to continue to hold for the gains to eventually come thru!

hlyeo98 - 03 Apr 2006 16:43 - 1815 of 1874

what is going on with the shares nowadays?

evilratboy - 03 Apr 2006 16:46 - 1816 of 1874

probably has to do with end of tax year .....cant find any other reason.

Technotamed - 04 Apr 2006 18:46 - 1817 of 1874

Follow this link about Wimax, may be of interest.

http://www.cambridgebroadband.com/app_edge_backhaul.htm

Technotamed - 04 Apr 2006 20:12 - 1818 of 1874

Anybody watched BBCs Watchdog and the Homecall article, Pipex has bought a whole lot of trouble to sort out. Pipex got a mention as well because they are trying to sort the mess out.

Stockwatcher - 04 Apr 2006 20:39 - 1819 of 1874

It is of some concern that around 400 unhappy people contacted Watchdog. Pipex took on 500,000 Homecall customers, I bet Caudwell was glad to get shot of them and the 43 million debt to go with it.

http://www.bbc.co.uk/consumer/tv_and_radio/watchdog/reports/services/services_20060404.shtml

skyhigh - 05 Apr 2006 07:46 - 1820 of 1874

PIPEX are clever anough to know exactly what they took on and they have the know how to fix it quickly.. minor set back on the SP but should recover soon!

davehmiller - 05 Apr 2006 09:41 - 1821 of 1874

I got a feeling the problem might be Intel Corp agreement. On Mon 3/4/06 at 0830am the sp was 17p . At 10 am it fell 2p.This arrangment might have been the takeover speculation that had been incorperated in the price and turned out not to be. This anouncement was just befor the sp crash.

diydave - 05 Apr 2006 10:59 - 1822 of 1874

Or, allegedly, the mm's triggering stop losses to free up cheap purchases for the big boys. With the current government's example, are we surprised?

davehmiller - 06 Apr 2006 09:19 - 1823 of 1874

I see Shares Mag recommends pxc a buy at 15.25p this morning. It also says that Mike Murry of IG Markets thought the price would have gone well above 18p

skyhigh - 06 Apr 2006 09:55 - 1824 of 1874

Dave.
Good info..thanks...
I'm staying in... this'll continue its upward trend soon (imho). Already have a tick up this am

diydave - 06 Apr 2006 11:42 - 1825 of 1874

Me too. Seems to me the sp will continue up its original path. The spike to 16p looks even more like an artificially induced piece of mkt manipulation. Or am I just an old cynic?

m0dulus - 10 Apr 2006 09:50 - 1826 of 1874

What happened today? 7% down any reasons?

2517GEORGE - 10 Apr 2006 10:17 - 1827 of 1874

m0dulus
Could be Carphone Warehouse going to offer free broadband services.
2517

PARKIN - 10 Apr 2006 10:44 - 1828 of 1874

Could this be due to the nasdak in this states been down last friday by apr 22points thats affecting the markets.

Beasties - 10 Apr 2006 12:18 - 1829 of 1874

No doubt it's Carphone Warehouse that's to blame.
Just have a look at Plusnet today for that same reason.

zscrooge - 10 Apr 2006 12:53 - 1830 of 1874

Carphone Warehouse might be shaking up the sector but its offer of free broadband will have lots of limitations. Probably some short sellling, some end of year effects, hedge fund activity and the froth subsiding after recent take-over talk. Chance for big boys to get in (see UBS sold and bought back cheaper).

Give it a few months for updates on Wimax and intergration of acquisitions before the price rises to 22p by interims.
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