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".

has anyone else noticed how tight the bolinger bands have got for this stock?

they look tighter than in Jan 2004...when they snapped share price rose from 7.5p to 12p very very quickly...

come on pipex give us a repeat performance!!!

seb - probably a seller to clear - look for the large T trade at the end of the day

Pipex Communications PLC
18 August 2004

18 August 2004


PIPEX Communications plc

Results Date Notification


PIPEX Communications plc ('PIPEX'), the telecoms network operator and provider
of broadband and hosting solutions, will announce interim results for the six
months ended 30 June 2004 on Wednesday 8 September 2004.




Enquiries:


Financial Dynamics 020 7831 3113
Juliet Clarke / Edward Bridges / Ben Way






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

buys outweigh sells and the price is still on the slide. getting tired of this company share movement. Must be me !

A big trade at 10mill today, can anyone explain what a X trade is? Ther has been a lot of activity in Pipex over the last three weeks or so, wonder what is going on?

regards

PTH

I think I remember a past BB post saying it's a cross trade between one market maker and another. I might be wrong so will bow to better knowledge. However, interims are being released 8th Sept. so will see a lot of activity in the lead up to this date. Seen a lot of good press on this and would expect the SP to gradually head north. Good time to get in (imho)

Pipex

Investors in Pipex (8.25p), the Aim-quoted alternative communications company, have had a roller-coaster ride in the past year. The shares surged from a low of 4.5p last August to almost treble at 12.25p by February. Since then Pipex shares have been marked down. Pipex has become the fifth largest UK provider of broadband services through seven acquisitions.

Two weeks ago it pulled off its latest deal, paying 12.9m to buy Accent UK. The deal adds a further 35,000 customers, a third of which are higher-margin business clients, taking Pipex's total to 162,000. Pipex is not yet profitable - it made a pre-tax loss of 9.9m in 2003. However, the better news is that Accent is both profitable and cash generative.

We last tipped the shares in May at 9p, arguing that the business was trading at a 70 per cent discount to its peers based on sales growth models. Despite the recent dip the shares remain a buy.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2004/08/22/ccmm22.xml&menuId=243&sSheet=/money/2004/08/22/ixfrontmarkets.html

Pipex

Investors in Pipex (8.25p), the Aim-quoted alternative communications company, have had a roller-coaster ride in the past year. The shares surged from a low of 4.5p last August to almost treble at 12.25p by February. Since then Pipex shares have been marked down. Pipex has become the fifth largest UK provider of broadband services through seven acquisitions.

Two weeks ago it pulled off its latest deal, paying 12.9m to buy Accent UK. The deal adds a further 35,000 customers, a third of which are higher-margin business clients, taking Pipex's total to 162,000. Pipex is not yet profitable - it made a pre-tax loss of 9.9m in 2003. However, the better news is that Accent is both profitable and cash generative.

We last tipped the shares in May at 9p, arguing that the business was trading at a 70 per cent discount to its peers based on sales growth models. Despite the recent dip the shares remain a buy.

Another strange day in the world of PXC, over one million buys, only two small sells, net result........SP unchanged????

Good Grief!!

PTH

ptholden,

there is a largish overhang out there, but it can and will be absorbed in due course!

regards

T..

When you say overhang, do you mean that the MM's currently have a handfull of unsold shares????

don't like the look of the 2m share sale at 8p

this only adds to the overhang

would like to see some big institutional buying to steady the ship here

Reckon we will see a run up to results.

3x 300,000 sells today. Need backfill not overhang !!

haven't seen such a tight spread on PXC for a long time!

8p v. 8.1p

Oh dear MMs have a load more to play with to-morrow

What does a tight spread do to the share price ? is this to incourage buyers or sellers or both ??

troys,

I think it probably is there to encourage buyers

u can currently buy at 8.05p and ur investment will be valued at 8.02p

assume u buy 100,000 shares ur paper loss on purchase is 30

previously u needed to pay 8.18p and valued at 8p

paper loss on purchase is 600% more at 180

the stock also appears alot more liquid with a tight spread....think PXC trading volumes will be interesting this week!

A good time to buy then ?

This share proves the point that sometimes it is a leap of faith! How many times has this been tipped in the last few weeks! Look at the volume of share "Buys" which go through with no upward share movement!Yet its trading lower!
Still loyalty is a fine thing if you can afford it. If this does not pick up by their results due 8 Sept I will have to move on.I cant expect them to keep publishing good news and at some stage you have to accept the price is not going to move as fast as you want.
Look what happened to Cybit shareholders!