The company seems to have a missing portion of news - earlier thread was 2004 on then a gap in RNS with a takeover of Redbus (?), and then an IPO ann. at 2.20 October-ish 2007
Now the sp is somewhat higher, with the internet and video becomming mainstream. (2.55 ish today )
High PE ratio
and low NAV
Yield is zero.

Anyone got something good to say?

Back on trend. Lovely chart.

Citigroup Buy 910.25 907.50 - 1,020.00 Reiterates

Interim Management Statement

Highlights:

· Year-to-date financial performance and full year earnings outlook both continue to be in-line with management's expectations
· On-going customer driven expansion programme on-track, total customer power up to 90MW

· Leading position established in the fast-developing Istanbul market via the acquisition of Sadece

PONDERING BUYING.......

TCY TELECITY GROUP Looks cheap on its present SP plus RECENT DIRECTOR BUYS, check RNS.

Telecity Group Broker Views

Date Broker Recommendation Price Old target price New target price Notes

07 Nov Investec Buy 690.25 1,000.00 1,000.00 Reiterates
04 Nov Investec Buy 690.25 1,000.00 1,000.00 Reiterates
04 Nov Arden Partners Buy 690.25 1,230.00 1,230.00 Reiterates
23 Oct JP Morgan Cazenove Overweight 690.25 1,200.00 1,100.00 Reiterates
21 Oct HSBC Overweight 690.25 1,240.00 1,240.00 Reiterates

Telecity Group PLC

FORECASTS 2013 2014
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Arden Partners
19-11-13 BUY 97.22 37.06 10.00 115.44 43.69 12.00
Numis Securities Ltd
15-11-13 BUY 97.10 36.00 10.50 102.80 38.40 11.20
Westhouse Securities
24-10-13 BUY
Investec Securities
23-10-13 BUY 96.50 37.02 9.00 114.50 43.84 10.80
Canaccord Genuity Ltd
30-07-13 HOLD 98.30 36.60 9.30 118.60 44.20 11.30
Milkstone Ltd
13-06-13 HOLD 98.00 37.00 9.00 115.00 43.70 10.70
Cenkos Securities
04-02-13 BUY 97.09 36.40 7.30 118.30 43.90 8.80

2013 2014
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 97.16 36.70 10.25 115.22 43.72 11.23
1 Month Change -0.61 -0.14 0.57 -1.55 -0.43 -0.12
3 Month Change -0.61 -0.13 0.59 -1.62 -0.43 -0.12


GROWTH
2012 (A) 2013 (E) 2014 (E)

Norm. EPS 27.59% 20.16% 19.11%
DPS % 309.96% 9.56%

INVESTMENT RATIOS
2012 (A) 2013 (E) 2014 (E)

EBITDA £87.30m £155.09m £177.03m
EBIT £87.30m £99.60m £119.70m
Dividend Yield 0.37% 1.52% 1.67%
Dividend Cover 12.22x 3.58x 3.89x
PER 22.00x 18.31x 15.37x
PEG 0.80f 0.91f 0.80f
Net Asset Value PS 100.14p p p

Is this the bottom ????

Gf - Worth a shot if only a dead cat, in on the spreads @ 683.0 tight stop.

Nice wee day trade GF out @ 689.3 + 6.3. May regret it if not a dead cat, but have done no research. If it is a recovery play then plenty of scope to get back in. Cheers for the heads up.

No probs Chris, cheers.

Missed this broker note from last week
apologies........

Telecity Group Upgraded by Numis Securities Ltd to Buy (TCY)
Posted by Scott Davis on Nov 15th, 2013

Telecity Group (LON:TCY) was upgraded by research analysts at Numis Securities Ltd to a “buy” rating in a report released on Friday, Stock Ratings News reports. The firm currently has a GBX 900 ($14.40) price target on the stock, down from their previous price target of GBX 920 ($14.72). Numis Securities Ltd’s price target indicates a potential upside of 40.19% from the stock’s previous close.

Telecity Group (LON:TCY) opened at 650.00 on Friday. Telecity Group has a 1-year low of GBX 633.00 and a 1-year high of GBX 1026.00. The stock’s 50-day moving average is GBX 771.2 and its 200-day moving average is GBX 884.5. The company’s market cap is £1.313 billion.

TCY has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Telecity Group in a research note to investors on Monday, November 4th. They now have a GBX 1,020 ($16.33) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Telecity Group in a research note to investors on Monday, November 4th. They now have a GBX 1,000 ($16.01) price target on the stock. Finally, analysts at Arden Partners Ltd reiterated a “buy” rating on shares of Telecity Group in a research note to investors on Monday, November 4th. They now have a GBX 1,230 ($19.69) price target on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of GBX 1,028.57 ($16.46).

TeleCity Group plc (LON:TCY) is a provider of network-independent data centers providing colocation and related data centre services

22 Nov 2013 Telecity Group PLC TCY Barclays Capital Overweight 701.25 689.50 1,140.00 1,140.00 Reiterates

SP TARGET 1140p

Lib Cap reiterates sell, target cut from 720p to 600p

Yep they seem to be the only one with a sell on it.....strange.

All others have very big targets.

Still watching, maybe a Santa rally (if were not already in one).

I'm 5 points in the money - quite disappointing.

Sometimes you wonder when these solo brokers come out with a sell like above if they are in the know about something......then again it might be a trainee who as got a digit mixed up. LOL.

Im sticking.

Creeping up Gf, got a limit buy waiting @ 705 on the spreads.

Flogged it, got bored with it, going no where fast.

Ill buy her indoors a box of chocs for xmas with the profit.

Thorntons chocs mind, thorntons.

Well done gf, after all that ramping your giving up the ghost typical :O) It is trying but lacks volume (lots).

Better to admit defeat Chris than take on a loss.

Still not opening new positions.

Not much lee way for an explosive xmas rally this year imo.

Then again the market always seems to prove me wrong.

Absolutely, can't disagree with that gf.