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.

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.

INTERVIEW: KCom Mulls Sale Of UK Network; Sees Growth In '10





By Elliott Ball

Of DOW JONES NEWSWIRES

LONDON -(Dow Jones)- KCom Group PLC (KCOM.LN) said Tuesday it is still in talks with BT Group PLC (BT.LN) over the possible sale of its U.K. network and is looking to turn supply arrangements into partnership deals.

"We haven't concluded anything yet," and the company is also working with Cable & Wireless PLC (CW.LN) and Colt Telecom Group S.A. (COLT.LN), Executive Deputy Chairman Bill Halbert told Dow Jones Newswires.

"At the moment we're focusing on our cash generation and keeping our net debt down. In terms of future growth, we're not looking in the current year for headline growth," but the company expects growth in 2010 and beyond, Halbert said.

Halbert said most of the company's growth will come from the National Managed Communications Services business, adding that the East Yorkshire business is now more focused in terms of specific customer needs and is addressing both residential and local business.

"We've got strong banking facilities to March 2012; we want to put ourselves in a position by March 2011 where we're able to get net debt down to less than two times the current ratio," he said.

For fiscal 2009, ended March 31, KCom incurred a pretax loss after restructuring costs and impairment charges of GBP111.3 million, compared with a profit of GBP4.4 million in fiscal 2008.

Company Web site: www.kcom.com

http://www.egovmonitor.com/node/25504

EU Commission approves the UK national telecoms regulator Ofcom's proposed regulation of fixed line phone services
Source: European Commission
Published Monday, 8 June, 2009 - 10:34.

Could this have anything to do with KC looking to 'farm out' certain parts of their business. Whilst appreciating that the bits mentioned (re farm out) are not directly linked to a monopoly, they could be trying to influence any future decisions by Ofcom now that they have EU Commission approval.
Of course we can't do anything without our EU bosses say so can we. OK won't get into that, but any views how this EU statement will effect KC, via Ofcom.

With the sp down by 7% today there must be bad news somewhere. But 'is' there word on the street. Anyone know why the sp has dropped so much today.

are they ex div today?

KC connects eco friendly intelligent street lightsWEBWIRE Thursday, July 02, 2009
Kingston Communications has provided the wireless technology within a unique street lighting central monitoring system which is set to revolutionise the street lighting industry.

In the first contract of its kind for Kingston Communications (KC), the communications experts have partnered with Harvard Engineering from Beeston in Leeds to provide the data communication for its LeafNut technology which allows street lights to be operated and managed remotely with a PC or laptop.

This appears to be the sort of technology that could lead to many more contracts.

http://www.webwire.com/ViewPressRel.asp?aId=98464

Weird action this am.

Opened at Sell 27.00p Buy 29.50.
Spread narrowed greatly to now Sell 28.50p Buy 28.75p.

But tempting who, Buyers or Sellers, to my mind it looks like sellers (don't have L2 at present so difficult to be sure).

tempting no one with any sense!

At last a choice for Hull and Beverley KC customers.

Kingston Communications have decided to allow (isn't that nice of them) their Hull and Beverley fixed line telephone customers, a choice of changing their provider to Nexus Telephone company. This will be the first time that there has been a choice.

This news was released this am, on local BBC news.
Surely this should have been released via a RNS, as to me it is sp sensitive.

Also is this a further move prior to a possible takeover.
I can not find any other info re this, or have I missed something.

At 0953 hrs today an O trade of 4,703,236 shares went through at mid price with the bid offer improving a couple of ticks later. Looked like a buy to me and not a bad amount either. Interesting!

Also is this just the start....Hull man no longer relying on KCom for broadband
Friday, August 21st 2009.

http://www.cable.co.uk/news/hull-man-no-longer-relying-on-kcom-for-broadband-19324466/

I still think this is s Dog of a share - but talking to 'someone' over the weekend - next couple of weeks may bring you a bit of cheer ! Be about bloody time if it does

so you guys reckon this company is worth investing in????????? .... it's rubbish!

Nordcaperen,

Could this be what you were talking about.

RNS, re Aberforth Partners LLP.

Increased holding from 27,234,861 shares to 51,819,930, almost a doubling of shares held. Not an insignificant amount of increase which crosses the 10% threshold.

Lets just hope there is something solid behind the buy, and they don't just hold for the short term.

Not that happy when 10% of a company is held by any single organisation, even if the holding is split between 4 independent institutions. But on the surface it does look positive.

Also....Just noticed a trade of 3,150,000 went through at 1020hrs but was only reported at 1 minute before close.
Looking at the prices around that time it looks like a buy.
Something in the wind, or just the usual fun and games.

Greekman, on the 9th June Aberforth Partners held 58.8 million shares so somewhere along the line they disposed of some 27 million and now repurchased most of them back. I never saw any RNS showing the disposal though.

Optomistic,

Can't find anything re disposal by Aberforth Partners either.
Not doubting you, just wondering where you found the info.

regards Greek.

Greekman,
Holding figures from the KCOM website, the 'major shareholders' list was way out of date so I emailed them and asked for it to be updated which they duly did but only up to the 9th June.
opto

Optomistic,

Sorry to be a pain but can't find it on the KC site (a bit technophobic). I even put Major Shareholders into the search box with no result.
Can you assist as if what you say is correct, KC should have put out a RNS, and as they did not I intend to report them to the LSE. But obviously to do so I need to find it on their web site.
Could you possibly paste the link.

Greek

Greekman,
I can't get the page link to work so the progression to the Major Shareholders is:

Investor center
Company profile
Share composition
Major shareholders

It is well buried away.
btw. Aberforth was shown as holding 27.2 million 5.2% on the 31 May 2007 (the previous update)

....one or two small edits on the way here:-)