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.

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:-)

Greekman -

http://www.kcom.com/investorcentre/companyprofile/sharecomposition/major_shareholders.asp

skinny/Greekman, I could paste the link when using IE 7 but am now on Firefox and it wouldn't do it, Firefox is quicker than IE. It is new to me so maybe I will find a way to paste links soon.

Optomistic - can't you post it through the MAM interface - Insert a link to a webpage?

skinny, I usually just right clk and select properties, then c&p the url.
Properties doesn't come up in the box on Firefox. I'll sort it eventually :-)

Optomistic,

Found it via Skinny's link, (thanks Skinny) as you say well hidden.
I have sent the following e-mail to KC and will post any reply.

Yesterday 01.09.09 an RNS was released stating that Aberforth Partners LLP had increased their holdings from 27,234,861 to 51,819,930 which crossed the 10% threshold. As the KC website states that on 9th June 2009 Aberforth Partners holdings were 58,825,080 a threshold of 11% it appears that no RNS was released when their holdings were reduced to 27,234,861 from 58,825,080.
Before I consider taking this further with the LSE I would like to give your company the opportunity to explain the lack of an RNS re the reduction