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".

PIPEX, the telecom network operator and provider of broadband business solutions, has further proved its commitment to quality after receiving the international standard for management systems, ISO 9001: 2000.

To achieve the standard, PIPEX, had to demonstrate that the company is running efficiently and effectively, through the use of formalised management systems, including written procedures, instructions, forms and records for all key business processes within its offices, data centres and warehouses. These processes cover every stage of the customer journey, from initial contact to billing and post sale support as well as PIPEX's back office activities, such as business planning, human resources and network design.

PIPEX can use the registration, which provides a best-practice model for managing and improving management systems using a process approach, to demonstrate to existing and potential customers that it continues to be dedicated to the constant improvement of its quality management systems.

The ISO 9001: 2000 enables staff members to gain a greater understanding of the organisation's processes, how regulatory and statutory requirements impact on the company and its customers as well as heightening their desire for customer satisfaction. It also improves internal efficiency and employee involvement.

Mike Read, Chief Executive Officer at PIPEX, comments, "PIPEX has always been committed to delivering quality throughout every aspect of our operations, from initial phone contact to pre- and post-sales support. This continued commitment is reflected in our recent registration to ISO 9001: 2000".

"This registration demonstrates to our customers that we operate our company in a way that is compliant with British Standards. This should give them the confidence they need to continue or begin a relationship with PIPEX."

The ISO 9001: 2000 currently covers PIPEX's Putney and Oxford offices, Harbour Exchange data centre and Eynsham warehouse. PIPEX plans to roll out the accreditation to the rest of the company by the end of 2004.

PIPEX was one of the first ISPs to gain ISO 9001: 1994 registration in March 1996. As a customer-focused company, PIPEX regularly conducts surveys to ensure that its customers are benefiting from the processes it has in place. This information is used to improve its processes with the customer in mind.

About PIPEX

PIPEX is a telecom network operator and provider of broadband solutions that combines the best infrastructure, services, support and people to make communication simple for business. A highly respected tier one Internet Service Provider (ISP), PIPEX Communications provides both voice and data connectivity solutions, helping organisations to keep their lines of communication open.

Established in 1991, PIPEX was the UK's first commercial ISP, set up to deliver affordable, high speed, high quality corporate Internet access. The company delivers the same outstanding benefits to businesses today.

Now owning one of the UK's most extensive communication networks, PIPEX has data centres in London, Manchester and Leeds and over 100 Points of Presence (PoPs) nation-wide. This includes 20 point-to-multi-point radio PoPs offering wireless DSL. In addition, to ensure that its customers’ network traffic is always routed via the fastest, most resilient path, PIPEX has over 200 public and private peering arrangements with large Internet backbone providers, including the London Internet Exchange,

With its unparalleled experience of connecting organisations and its multi-award winning service, support levels and dynamic people, PIPEX is reputed, by its clients, to be one of the safest pairs of hands in the telecom industry. As a result, the company has achieved and retained an enviable customer list, ranging from SMEs to blue chip companies and including two-thirds of the UK's top 100 companies (as listed by The Times). Leading to outstanding and unrivalled growth, PIPEX was named as one of the top hundred fastest growing UK unquoted technology companies in the third annual "The Sunday Times ARM Tech Track 100 league."

Talk about a kick in the teeth, is todays dilution part of the Host Europe deal, or is it just pants????

Simon

I see another Photobition

Im out of here now, to many shares in issue and price moves to slow. IMO money can earn me more else where. Still this has bee a good earner and I am sure will rise. Best to all who stay in and may you see the 16p mark soon.

Think i may join you kandrews

Surely todays extra shares for acquisition of Firstnet Services Limited in August 2003 was factored in when forecasts were made?????

Any one got any recent earnings forecasts???

turnover of 35 million and with market cap of 205 million. this one aint movin till the next result comin out.. it was suppose to move to 12p-16p before the aquisition of her.. wat happened ther. people r bailin out.. can see the price movin to 8p-9p very soon.

nav

O well, I liked this share, but I have sold, just dont seem to be doing anything, there are better bets out there I hope.....

Staying with this one.... telecoms/datacoms taking a beating at the moment.
MXC seem to be exception to this.

corehead, they are takin a beatin but people are losin patience in this company. mm's are playin very cleverly, by now price shud hav move below 10p with the amount of sells goin on the past weeks. pipex hav got a share issue of 10.5p and no one will be interested in tat if price moved below tat. my bet is as soon as her is 100% owed by pipex u will see price within the 8-9p margin..

hopefully prices will go up

yeah if u say so!!

it is taking over Host Europe now.......BUY now!

pipex owns 50% of host europe so far, has the transaction been completed for the rest of the compnay? its tat wat u tryin to say..

Looks like HER ownership up to 80%. Going strongly for network capabilities.
MXC still on the up !

After much research, sorry to add I pulled out of Pipex com for now and decided to plough funds into FFA - FASTFill, as I see much greater return on my invetsment which is at the end of the day the key reason for investing...The difference in Market cap are massive,

Fast Fill promises and could rise much much further with current Market capital of just 4m..., Pipex com on the other hand personally dont think will go much higher for the moment, market cap stands at 133m according to reauters, chances of that doubling, are pretty slim examing the fundamentals last night...

FASTFILL (FFA), on the hand is so undervalued that even if Fastfill stock price was to rise to 1.00 from current 9p, The company market capital would still be 40m...

DYOR, AND FOLLOW YOUR GUT INSTINCTS...ALWAYS..

Jules99..

30 million sells, look like someones bored!! come on pippex wen r u gonna move...

Taken from the Sunday Telegraph, 16 may 04

Not many people have heard of Pipex. But the low-profile, Aim-quoted alternative telecoms company is the sixth-largest supplier of broadband services in the UK. At the end of March Pipex had 120,000 business and residential customers, making it bigger than the combined customer base of better-known rivals Demon, One-Tel and NTL. Pipex, led by Peter Dubens, the executive chairman, is also growing faster than the competition, signing up an average of 6,000 customers each month.

Pipex is not yet profitable - it lost 9.8m in 2003, down from 11.7m the previous year - but some analysts have argued the shares are trading on a 70 per cent discount to its peers based on sales growth models. Pipex's shares have risen from just over 2p in January 2003 to 9p at the close on Friday. The company is also expected to benefit from BT's decision, announced last week, to slash the cost of broadband access for its rivals by 70 per cent. Buy.

agm on 19th -movement then?

i would like to know full details of options which have been issued.

so many punters do not realise the severe extent to which there share holding and any future dividend can be greatly eroded via the exercise of options...particularily in a small company!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!