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.

Crikey.
2517

Crikey Mosses !

Maestro... loook what you've done... you sold and it goes up next day ?!

probably won't last long as it allways retraces... hopefully though, it might be different this time...

Crikey, it doesn't say much for PXC if BT have all that money and prefers to do a share buyback rather than buy PXC !

"BT Group said this morning it would spend 2.5bn on share buybacks in the next two years.
The UK telecoms company unveiled stronger-then-expected fiscal full-year results"

PXC must be a lame duck!

Im out on the rise today. Good luck all holders.

skyhigh .... complete non-sequitur

actually, have just been advised that today's rise is due to Tiscali formally announcing at least preliminary interest in buying .... no doubt an rns will appear during the course of the day

MILAN, May 17 (Reuters) - Italy's Tiscali is looking to expand in Italy and the United Kingdom and is reviewing a dossier on Pipex Communications a British peer that has put itself up for sale.
"Italy and the UK are the regions we are looking at," Tiscali Chief Financial Officer Massimo Cristofori told reporters on the sidelines of an event.
"We are in a very preliminary stage, Pipex has started the procedure of an eventual sale and it has sent us their dossier," he said.

.

Tiscali & BT among remaining bidders for Pipex - My target is still 20-22p

Same 'ere.. I'll be happy with 20p..wish I bought more at 8p when i first got in a couple of yrs ago

I'm staying put anyhow!
conclusion during the summer they said, lets see

Pipex would be willing to consider break-up of assets - source
AFX


LONDON (Thomson Financial) - Pipex Communications would be willing to consider a break-up of its assets, according to a source familiar with the company - a move which analysts believe could make a takeover deal more feasible for debt-ridden Tiscali. Among the possible scenarios, one analyst believes Pipex could hold on to its hosting business and the complementary network services unit, while selling the broadband/voice business.

Tiscali financial director Massimo Cristofori told Thomson Financial News that the Italian group had held preliminary takeover talks with its smaller rival.

A second analyst said that funding could be an issue if Tiscali attempts to buy all of Pipex, as it is already debt-laden and the target would be unlikely to want shares. Tiscali would see 40 mln eur a year in interest on the 450 mln eur it raised in equity to buy Pipex, which is not that cash generative, the analyst continued.

Cristofori this morning noted that Tiscali has less debt than its competitors so has 'the possibility to carry out acquisitions'.

BT, for its part, would have no choice but to consider an offer, analysts insisted. Sources close to the situation told Thomson Financial News that BT had previously considered tabling a bid, but dropped out as it did not want to acquire Pipex's website hosting arm.

Calling BT the weakest of Europe's domestic operators in broadband, one of the analysts today said the group had to increase its presence in non-voice areas, but warned the UK operator would risk incurring the wrath of regulators if it bid on Pipex.

A recent Goldman Sachs research report valued Pipex's broadband/voice business at 211 mln stg based on an estimate of 300 stg per broadband customer, and the hosting/network services at 178 mln. The two figures give an implied value per share of the whole group of 15 pence.

BIG BUYS at end of the day

Time Price Volume Value Buy/Sell Type (key)
16:35 13.76p 3,500,000 481,733 Buy O
16:48 13.76p 3,500,000 481,733 Buy O
15:13 13.69p 2,500,000 342,250 Buy O
16:29 13.65p 2,500,000 341,250 Buy WT
09:26 13.00p 2,500,000 325,000 Buy AT

Shareshop - 17 May 2007 14:50 - 303 of 304
Pipex would be willing to consider break-up of assets - source
AFX

A recent Goldman Sachs research report valued Pipex's broadband/voice business at 211 mln stg based on an estimate of 300 stg per broadband customer, and the hosting/network services at 178 mln. The two figures give an implied value per share of the whole group of 15 pence.

LOL! No mention of Wimax, the real winner that BT et all are scared of.

i think you find that neither hosting nor WiMax are or were ever currently being offered .... if PXC can rid itself of the broadband biz to BT or Tiscali, then i think )(ut have nothing to support that) that Dubens may buy the hosting part for himself, leaving WiMax with plenty of potential but currently with unknown value.

Tiscali S.p.A.
18 May 2007



18 May 2007

Tiscali S.p.A.: Clarification


Tiscali notes the recent Italian and international press reports with regard to
Pipex Communications plc ("Pipex"). Tiscali clarifies that its current interest
is only in the Broadband and Voice Services division of Pipex. Discussions are
at a preliminary stage and may or may not lead to a transaction for such
division.

merely confirmation of what i have been saying here for weeks and weeks and again earlier today.

I don't fully understand the up-coming wimax license auction later this year. Is this for control of certain frequencies one of which pipex has already laid claim to and if so does this give Pipex any competitive advantage over new entrants or does it mean that other companies can buy a license and be on a level footing thus de-valuing Pipex's Wimax arm? Can anyone shed any light?

11:59 13.00p 9,000,000 1,170,000 Buy X

looks more like a sell to me.

very true - somebody sold and somebody was willing to buy - glad to clear that up for you