Kingston Communications is an established UK communications company. The Group's national business-to-business capabilities encompass the provision of fully integrated and managed network solutions, complemented by the delivery of voice, data and call handling services in the towns and cities served by the Kingston Communications network. This infrastructure comprises twenty-five metropolitan fibre networks and a long distance broadband network, which was initiated for service in May 2001. Kingston's new media activities include the DSL-based interactive television service, KIT, and satellite broadband content, storage and distribution arm, Kingston inmedia. The Group's East Yorkshire network operation has served business and residential customers since 1904.

greekman, they now have over 10%. I think their last large buy was only a few days back.............will I have to buy back in, it was very painful the last time!

Management Interim Statement.

With the continuing reduction in the I&MS business, the Group is undertaking a further head count reduction of 150 employees within I&MS.

At this rate the only profit from I&MS will be from 1 employee working from home.

And still the sp climbs.

And today up over 12%. On similar moves said so many times in the last 12 months that 'something is happening' I'm not doing so this time. Now just watch something dramatic happen!
Would like to see some directors buying to show confidence, and I dont mean the piddling little buys tied up to the shares scheme.

Well done to all holders.

not now it isn't ... up but only 8%

that just dont seem a long enough bottom consolidation to be able to have recovered so soon from whatever it was that caused its original downfall. i know nothing about fundys. maybe there is a reason or maybe there is a rumour of some sort floating in the ether.it gives hope for existing holders no doubt but new buyers beware.
just my opinion dyor. i am wrong more often than i am right.
regards
jkd

having made the above post based upon the chart information available on this thread i thought perhaps it might be right to have another more in depth look.
it does look bullish. heres where we chartists get stick from non believers. its if this, then that. its also sometimes we are wrong in our interpretation. lol. thats down to the individual.if we go and study and learn for ourselves we can make our own minds up and draw our own conclusions.
for gap theorists we have a daily gap between fridays close and high and mondays open and low. on a weekly chart this is also the same,making the move even more bullish and powerful. unless this happens or that.if this then that. im not able to explain but a further gap upwards would give a clue. anyway its most interesting and i shall continue to watch.
this is at present a bullish move, if it confirms it may also be the opportunity for all "locked in" holders to get out at a pre calculated price level, or at least protect themselves from further falls.whether they will or not no one knows. history suggests not, history suggests they may even get so bullish that they will actually add to their holdings. this will either make them very rich or very regretful in the future.
as i said above it appears to be hopeful for existing holders but new buyers need to beware,we all have different investment criteriar and risk levels.
anyone who is seriously interested might like to invest in a book or two explaining all of these things. this could prove to be a nice example for future study. it might not.it all depends upon whether this happens or that happens followed by this and then that if you understand. lol
regards
jkd

well we've had the straight spike up. now followed by the sharp reaction back. will it continue to react a little longer or continue to move on and up and confrm the original move, or will it fail? i dont know but am watching with interest. its still bullish at present but still high risk even at this lower level although a closer stop loss is now available. not one for me though
regards
jkd

Down 13%, reason, I know not. What a topsy, turvy market. No doubt it will be back to pre 13% drop by this time next week.

Opened at 5% up. Now 6.19% or 10% up depending which site you trust for prices.
To guess where the sp will end today is a pure lottery.
Any analytical method would be about as useful and accurate as sticking the tail on a donkey.

will now attempt to analyse this stock following my first post of 5/2/09 some 6/7 weeks later.it aint easy.
firstly it might be hoped that anyone interested may see i posted on the very day it made high and they may have waited before buying into this share that was my warning. hopefully nobody bought at the the top price of 21sh. it is currently at 17sh.
could say a lot more but shall refrain. ceppt to say analytical methods do work,
sometimes, but mostly. this is going down. just my opinion. i am often wrong.
please all dyor.
regards
jkd

Trading Statement.

It looks like steady as she goes, (isn't that what the captain of the Titanic said just before it hit the iceberg).
Still debt will be down, which is just bout the only thing they have stated that tells us anything. Appreciate they can't tell us much re detail though.

lost touch with this. mostly because i dont have an interest.
have changed my mind from previous post. i am now neutral between 15sh and say22sh.
regards
jkd

someone will bid for these soon..obvious at this price

After a few weeks watching and waiting, increased holdings today (not one of those big buys), mainly due to the Divi which along with the sp is looking fairly stable.

gm
looks like you may have a good recovery here.i do hope you wont let the divi income influence you too much in relation to capital losses from entry point. hopefully price will keep moving up and you wont have to make that decision.
good luck
regards
jkd

Hi Jkd,

Thanks.
As my losses were from holding on after they started to drop from the dizzy heights they reached many years ago, holding on in pure hope not knowing anything about the markets, my original holding is now worth just over a couple of hundred pounds. I have basically written that off. Obviously I now know they were extremely over valued.
My initial buy was due to being a customer of KC when they floated, so I was one of those offered a share via the float. I went months/years without following the sp and on finally noticing it had dropped drastically, held on forever awaiting for that none existent climb back. (I admit to being an ignorant mug).
My present feeling is they are now on a steady climb. I feel that as long as the divi looks to be holding, it may just tempt some of those on high salaries who could look at taking share options in place of part salary, in order to take a 18% CGT hit rather than a 45% going on 50% tax hit on their wages.
This idea is being floated by many accountants, as one of the ways round the budget income tax increases.
I await with interest some large director or/and those other employee's in the shareholder scheme buying in (obviously after the closed period)..
Also the divi must be tempting, even with the ever present risk of share investing to those looking to move from the pathetic interest rates of the more secure type savings/investments.
At present my buy 4 trading days ago was one of my better timed moves. Makes a nice change.

Regards Greek.

There is a mention of KCOM in this report.

10-Q: VIRGIN MEDIA INVESTMENT HOLDINGS LTD


Last update: 4:16 p.m. EDT May 6, 2009
(EDGAR Online via COMTEX) -- ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

Extract....
While BT represents the main competitive threat nationally due to its network reach and product portfolio, other providers compete within product and geographic segments. Other providers, such as Thus plc, Kingston Communications (Hull) plc and COLT Telecom Group plc, compete with us in specific regions.
Extract end.

Virgin Media is suffering due to many things, competition is one of them.

Although most people, including myself have become a bit immune to take over rumours (not that any mention is made in the report). I just feel that if KC are having an effect, albeit a small one on Virgin Media then could they look to a takeover. After all, if they did it would stop BT from swooping in first. Both could buy KC out of petty cash.
Not saying or even feel it will happen. Just an interesting point (well I think so anyway).
Views appreciated.

Major Interest in Shares.

Never known such a big delay in notifying the market. 12 days.

Results.

Looking at the as yet very low volumes traded, compared to the last few weeks, it looks like punters are not sure how to take the results.
My view is that the positives are the push to reduce debt and the actual true valuing of the company (goodwill write down), whilst the not so good news is the pre tax profit of 17mil being slightly less than expected.
The next 6 to 12 months will I feel be a catalyst in KCOM's future prospects.
I think it will be a brave or foolish person who will predict the sp this time next year.
Still positive, but with huge reservations.