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.

edited by MoneyAM

you clearly have limited recall then, and probably brain too, which would explain why you are only capable of resorting to personal abuse

norcaparen,

Your post number 425 has been edited by me - please refrain for personal abuse,

Ian

thanks ian, but no prob to me m8

thanks ian, but no prob to me m8

Wrong again - oops two days into June, not end of May - I do apologise !! Seems I know more than the Markets hey Cynic - PLEB !

A riser against a falling market.

Seems to be a lot of attention heaped on Kingston Communications of late. Not sure if its just Telcos that are doing well or a bit more.



If 56p resistance goes we could be on for a SP target of 70p.

Worth watching.

Moving to 70p.

Hi Mitzy,

Only have a token gesture left in KCOM, so don't tend to watch it much. Just thought I would let you know that you are not left talking to yourself.

Greek

Thanks for that greekman we seem to be breaking out at the moment.

Kingston Comms as part of its broadband update programme are continuing updating their ground infrastructure into villages. Over 3 weeks from 3rd March they will be carrying out such work north of Hull. they have notified current bundle customers that their prices will not increase due to the upgrading and advising all other none bundled customers that they may wish to upgrade.
Whilst this upgrading is welcome as are the price structuring standstill, I know that they have been struggling to get new broadband customers in rural areas due to low download speeds.
If they can succeed in getting their broadband speeds anywhere near as efficient as their excellent customer service then they should gain a fair increase in customers.
Considering they still have a monopoly (sort of) on such services in a huge swath of East Yorkshire Time will obviously tell if this has much impact on their results.

Its weird, but only 2 days ago, I had been considering changing my broadband provider due to cost, although this would have meant a change of phone line and a probable none increase of download speed.

Greek - I don't know if you still hold, but KCOM are promoted to FTSE250 in the next reshuffle.

Hi Skinny,

Only hold a token gesture of 200, so don't have much interest, but thanks for the info.

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i'ld be more interested in looking at C&W as a t/o target

Looking to clear 75p

AGM TRADING UPDATE AND INTERIM MANAGEMENT STATEMENT

Since its preliminary results announcement in May, the Group has continued to perform well, making good progress against its longer term objectives and the Board confirms that trading continues to be in line with expectations. Our focus remains on executing our growth strategy and we expect the performance of the Group to reflect this during the current financial year.

As anticipated, the Group's Employee Benefit Trust has completed the acquisition of 7.3 million shares in the first quarter of the year for a cash consideration of £5.1 million. These will be used to satisfy the Group's obligations in respect of certain share incentive plans that will vest as at 24 July 2012.

Subject to shareholder approval at today's AGM, the Group will be paying a final dividend of 2.67p (2011: 2.50p) to shareholders who were on the share register on 29 June. This brings the total dividend for the year to 4.00p per share, an increase of 11 per cent year on year. Payment of the final dividend will be made on 27 July 2012 and we reconfirm our commitment to delivering a minimum ten per cent increase in dividend for the current financial year.

ENDS

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