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".

amardev,

Some good observations there particularly concerning the level of stake an investor has in a company.

I must admit that I don't normally set targets on a periodic basis, though generally I like to have an idea of what level I would consider selling at. Having said that, it is also true that companies change, and the world changes, so our portfolios and targets have to follow suit if we're going to continue to be successful. If a company looks strong on the chart, news is good and the price blasts past your previous sell target - do you take the money and run or adjust your target based on the new fortunes of the company ? I'll always go for the second option.

Whatever happens to PXC over the coming year, I believe we're all going to have our own degrees of success due to getting in before the stampeding crowd appears.

All the best

OG

I will go,
3 months 14.5p
6 months 18p
12 months 26p
we are all waitng for the next accounts to see the cash flow..........
graeme.

Thanks for the comments,analysis and views, very respectable I must add, so thank you all!

My target for the former GX network, is considering it became PIPEX Com at 7p-ish mark I would go:

Many thing to be taken into consideration, but in a perfect scenario could expect:

Leading upto and Before next set of a/c's/Announcment 14p
However if the a/c's and strategy are particularly very good could see 20p
6 months - 20p+ depending on cash flow and new and highly positive announcemnts.

The overall view is PIPEX Com has a great future if it continues and keeps on track and future strategy.

Thanks to all..

Some big late trades today, presumably buys, seems as though the big boys are beginning to buy into these, look set for the next big push north. I would say this is about the bottom long term, if considering buying these I would act quickly. A bright future is almost certainly on the horizon.

Have read all the comments and agree. I bought 250k @ 3.3 and have been tempted to take some profit but I see the up trend on its way to 13 -16 in the nexr 3 mth. But as with others I feel the news flow is not enough, I would have thought an interim was due. The company has not revised any profit statements since it was GX and in the magazine, they must be heading for profit.....this year?

I started out with these about 6 months ago and have bought/sold and now average 6.6p.
Up until now my impression has been that it has taken an awful lot of buying to make these move and with (correct me if i'm wrong) well over a thousand seven hundred million shares in circulation, it is always going to take some heavy action to move the price significantly.
I'd LOVE it to reach 16 or 20p and with the Pipex connection taking the company into profit, it well might.
The management has received rave reviews in the past for astute purchases. It might need to make some more to really make this share motor but at 20p the mc will be iro 340 mil+ !!!
I reckon 10p in 3 months and maybe 12-13p by year end.

Back up agin today guys nice to see.

cheers GF.

It looks as though the selling pressure is off now - get ready tomorrow for the next rise....

RNS Number:7220U
Pipex Communications PLC
28 January 2004

PIPEX Communications plc

Year End Trading update



Following the close of its 31st December 2003 year end, PIPEX Communications plc
("PIPEX"), the telecoms network operator and provider of broadband solutions, is
pleased to announce that the integration of the 5 acquired businesses (GX
Networks Limited, XTML Limited, CIX Limited, Firstnet Services Limited and PIPEX
Internet Limited) has now been largely completed, on schedule, delivering
greater than expected cost savings.



PIPEX's broadband division experienced rapid growth in 2003 with customer
numbers increasing by 138% to over 100,000. PIPEX now operates one of the
largest IP Stream data networks in the UK and is the fifth largest broadband
operator in the UK.



Through acquisition, the group has enhanced the range and scale of products in
its portfolio, which has led to a gross profit margin improvement from 25% to
43% by the end of 2003.



Following the acquisition of PIPEX Internet Limited in October 2003, we are
exploiting the benefits of additional scale and extracting significant
operational efficiencies. As a result, the Group has become EBITDA positive and
operationally cash generative, and the Board expects this position to strengthen
through 2004 as top line growth moves forward and further cost savings are
realised.



Based on good market fundamentals, particularly in broadband, we expect strong
growth over the next year and, following the series of acquisitions in 2003, we
enter 2004 with the infrastructure and staff in place to exploit this
significant market opportunity.



-ends-


PIPEX Communications plc 020 7766 6909
Peter Dubens, Chairman

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

Fantastic news on a awful day for small caps. Think we are really in the money with this one.

cheers GF.

Yep, one share doing well out of about 12 at this moment, thought it was just
my portfolio......

Well done PIPEX. Now will have to see how the future will shapes up.

Is it purely profit taking that accounts for the large volume of sales after such a positive year end trading statement?
I would have thought if anything that pxc should now be attracting some of the bigger players. Any views as to why sales are (currently) twice that of buys?

kram - profit taking, perhaps? After all, it's a pretty big rise in one day.

I hold 150k at an ave of 6.4p. I am holding for much better than this and will not get phased by intra day movements. There is only one direction for this. My target is 100p by end 2005.
On the other hand, if I still held my original stake of 250k at an ave of 2.5 [ which I sold at 4.5] I think I would be considering selling today.
good luck all long termers.

you have a good point HI...the benefits of pipex have not even started at this level...it will no doubt rise way odds above current levels...patience will be required...

Its funny I never saw the announcement, just read it, well Thats fantastic news for all holders and PIPEX COM itself.

The rise of 12% is a touch or taste o things to come.

I just bought another 5K's worth to add, following positive news, as I think it should rise further up on todays news alone.

Investors bulletins will have more to add to this news, before Joe Public gets to hear this...!

happier days...jules99,

Not only that guys but it will be upgraded by analyst that follow the stock and also taken up by analysts that dont follow it at the moment. What a shame itt wasnt a rip roaring day, never mind the steady eddies are better for sleep filled nights.

cheers GF.

Thanks Moneyman for bringing this to my attention ! You look like you are good with the tips as I have follwed you in ETQ and SPS and made good money.

Regards Buy vs Sell the best guess system does not work. If you have followed this share for a time you will see that BIG BROTHER gets to buy at mid price ! Also MMs will delay buys to look like sells.

Dont believe what you see on these financial sites.

Wow - this looks very positive (I think we could be in for some more strong buying today):


RNS Number:7220U Pipex Communications PLC 28 January 2004


PIPEX Communications plc
Year End Trading update

Following the close of its 31st December 2003 year end, PIPEX Communications plc ("PIPEX"), the telecoms network operator and provider of broadband solutions, is pleased to announce that the integration of the 5 acquired businesses (GX Networks Limited, XTML Limited, CIX Limited, Firstnet Services Limited and PIPEX Internet Limited) has now been largely completed, on schedule, delivering greater than expected cost savings.

PIPEX's broadband division experienced rapid growth in 2003 with customer numbers increasing by 138% to over 100,000. PIPEX now operates one of the largest IP Stream data networks in the UK and is the fifth largest broadband operator in the UK.

Through acquisition, the group has enhanced the range and scale of products in its portfolio, which has led to a gross profit margin improvement from 25% to 43% by the end of 2003.

Following the acquisition of PIPEX Internet Limited in October 2003, we are exploiting the benefits of additional scale and extracting significant operational efficiencies. As a result, the Group has become EBITDA positive and operationally cash generative, and the Board expects this position to strengthen through 2004 as top line growth moves forward and further cost savings are realised.

Based on good market fundamentals, particularly in broadband, we expect strong growth over the next year and, following the series of acquisitions in 2003, we enter 2004 with the infrastructure and staff in place to exploit this significant market opportunity.