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".

Much appreciate your responses and opinions.

Wiifagg,

I have sent two emails to PXC ref the SP. The first took about 2 week to be answered, the second has never been answered. So don't hold your breath! The content of the first was essentially along the lines of, 'we cannot control our SP but are making every effort to ensure the City is aware of PXC potential.'

Regards

PTH

mickeyskint - I agree there does seems a touch of arrogance with PXC - Peter Dubens would not have becme Entrepreneur of the Year without perhaps it being part of his success - IMHO this is a stock to hold, pray, get annoyed with, very nearly lose patience with, but anticipate Turkey for Christmas.

Oakapples142

Well said. This one is almost as frustrating as a woman.

MS

Oh come on now you are not only being arrogant but accurate - woman are perhaps better to hold on to

And Pipex is the only one to go down on me

Troys

Great gag I nearly wet myself when I read it.

MS

this thread is becoming a larf.I must be really lucky then I have bought into PXC twice and its gone down on me both times!!

I must be sad anyway, when I complained about the share price dropping again just after I bought yesterday..............I went and topped up with some more. hero or Pillock? Only time will tell

More big sells today

Up she goes more buy transactions than sell transactions.

Looks to be just one big seller.

cheers GF.

I'm blowing hot and cold with this. It's got everything going for it yet just does'nt perform. That's what the wife says about me.

MS

I've made up my mind. 8p and I'm out.

MS

I'm in for the longer term. Hope i am right !!

Up 7.5% staging a recovery

Why sell, the storys still the same nothing as changed. Dubens bought 150 million pounds worth of telecolm infrastructure for a song, we are cash positive and making a profit. Seems to me we just have one seller taking a profit.(we have had no RNS to say otherwise, and if there is any sensitive news that would affect the price, the Management have to notify please see rule below)

Sentiment should change back positive when the seller is cleared out.


Rule 9.2 of the Listing Rules in force on 4 July 2001 states that:
A company must notify the Company Announcements Office without delay of all relevant information which is not public knowledge concerning a change:
(a) in the companys financial condition;
(b) in the performance of its business; or
(c) in the companys expectation as to its performance;
which, if made public, would be likely to lead to substantial movement in the price of its listed securities.
The continuing obligations of a listed company set out in the Listing Rules are designed to promote full disclosure to the market of all relevant information on a timely basis. The FSA regards the continuing obligation requirements of Chapter 9 of the Listing Rules as a fundamental protection for shareholders. Observance of those continuing obligations is essential to the maintenance of an orderly market in securities and of confidence in the financial system. The FSA therefore takes the most serious view of listed companies which fail to comply with these requirements.
Ends.



cheers GF.

Nice one GF.

MS

Reply to email this morning within 2hours--so they must be getting concerned at last! The sales are one big investor who needs his money out and is prepared to accept a lower price this will temporarily shake the price but as far as the company is concerned there is no need for concern as the shares are being mopped up. No other info that they are prepared to give out but the size of the buys are amazing--who is buying 7 million at a time?? I am hoping for a big movement up soon.

moneyplus

Well done. That's going to clear the air. Suprised that you got a reply though.
Don't they realise all we want is info.
MS

Nice one MP,as suspected.

cheers GF. Might add now at this knock down rate. In fact will.