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".

oakapples , i think it means that UBS are very big fan of PXC and have bought a further squillion shares to take their total holding of PXC shares to megasquilions or 19% of the total share capital of the company. IMO. If i am misleading you i am sure someone will correct me

This is who they are and what they do. Who are they acting for, if anyone?

UBS Investment Bank is a leading global securities and investment banking firm, providing a full spectrum of products to institutional and corporate clients, intermediaries, governments and hedge funds worldwide.

Top-tier capabilities in investment banking, unrivalled content, global distribution power and award winning relationship-enhancing technology drive our competitive position and growth in profitability.

We meet our clients' needs through the following business areas: investment banking, equities, fixed income, rates and currencies. Headquartered in London, UBS Investment Bank employs over 15,000 people in 31 countries globally.

UBS Investment Bank's position within the UBS Group lends our business the stability and security of one of the world's most prestigious financial institutions. We take advantage of UBS's superior financial strength and investor network whenever they can create or protect value.

Against this solid background, we have built a unique organization committed to delivering exceptional levels of service with a single aim - continued client success.

Regards

PTH

Thanks Guys - I have a very red portfolio to-day and my mind is boggling.

20% stake holding seems good to me. Why does the market not like it?

looks like a good buying opportunity, on a low volume trading day!

Could we be in for a takeover?

MS

Date: 02/11/2004
PIPEX launches trial of fastest-ever broadband service
Registration open until November 28th for 2mbps broadband service

PIPEX has launched an affordable new broadband service which allows residential customers to download content at twice the speed of its existing 1mbps services. PIPEX is inviting high volume broadband users to register for a trial version of Solo 2000, which has no download constraints or caps, for 39.99 per month.

With a download speed of 2mbps (megabits per second), Solo 2000 is up to 40 times faster than dial-up Internet access and allows customers to download an unlimited level of bandwidth-hungry music, films, images and large files more quickly than ever.

Solo 2000 has been developed as part of BTs Home 2000 Trial and is available to everyone within reach of a BT enabled exchange, allowing users to sample PIPEXs award-winning, cost-effective broadband service. Registration closes at midnight on November 28th, with the trial itself beginning on November 29th.

Dominic Crolla, Managing Director of PIPEX Broadband, comments, Solo 2000 is our fastest ever residential broadband service, allowing customers to surf the Internet at twice the speed, but with the security and high quality associated with all PIPEX services. Customers have until November 28th to register for the trial version of Solo 2000 and they can then begin downloading music, images and files quicker than ever before.

PIPEX has also reduced the tariff for its Solo 1000 Lite service to 27.99 (+VAT) per month, as well as increasing the download cap from 2Gb to 8Gb.

Those wishing to sign-up for the product trial should visit the PIPEX website at www.solo.pipex.net/solo2000

WOW news from PXC (which turns out to be no news!) - IMHO interesting ride ahead.

Buy/Sell columns misleading - 7.85 is the current offer with Comdirect

Anybody have any idea why the sudden halt after Friday? Cheers

Is this going to be a slow burner?

Did you notice that a LOT of smaller investors looking for a quick buck bought these on Friday and Monday. I rather fancy we might see some tree shaking here in the next few days or so. Sub 8p will certainly send a few heading for that sell button.

Just my thoughts, I am looking to buy a block myself. It'll be interesting to see what happens tomorrow.

NF

"Shares With Profits Growing 100% Or More

Market Comment

By Maynard Paton



Every growth investor hunts for rapidly expanding companies trading on very low ratings. With 2005 price to earnings (P/E) ratios below the current market average, the following ten firms could fit the bill.

Company Share
price
(p) Market
value
(m) 2005 EPS
growth
(%) 2005
P/E
Lastminute (LSE: LMC.L - news) .com 115 358 272 12.1
Pipex Communications (LSE: PXC.L - news) 8 171 100 13.4
Cardpoint (LSE: CASH.L - news) 101 61 573 8.0
Global Energy Development (LSE: GED.L - news) 179 50 193 8.3
ATH Resources (LSE: ATH.L - news) 149 44 2,057 9.9
City Lofts (LSE: CTF.L - news) 85 40 371 3.4
Public Recruitment (LSE: PUG.L - news) 127 30 115 8.4
IFX 78.5 23 121 8.5
Independent Media Support (LSE: IMS.L - news) 64.5 17 234 9.8
SPG Media (LSE: SPM.L - news) 11 9 188 8.9


They're a mixed bunch, involving online holidays, telecom services, cash machines, oil exploration, coal mining, property developing, recruitment, spread betting, television subtitles and business journals.

They also come with definite wealth warnings. All ten firms highlighted have short financial histories, with losses commonplace. In fact, only IFX and SPG have enjoyed a market listing for more than five years (and both have experienced significant upheavals since 1999 too). And of course, a lot can happen between now and the end of 2005, which could leave many of the above earnings forecasts looking rather ambitious in time.

Nevertheless, the list could contain one or two 'growth/value' gems. Indeed, two immediate income standouts are ATH Resources and City Lofts.

ATH, which joined AIM in June and operates two opencast coal mines in East Ayrshire, is expected to declare an 11p dividend for 2005. A 7% yield is on offer -- if you believe the house broker.

City Lofts, a developer of city centre apartments, joined AIM in December last year. The consensus estimate from three analysts is for an 8p payout in 2005. A yield in excess of 9% is on offer -- if you're optimistic enough to consider the group is not a housing share to avoid.

So what's the top tip? Well, the sensible advice for punters tempted by these fast growing fledgling businesses is to buy a wide spread of them -- and hope for the best. Given their embryonic status, most firms in the list will ultimately fail or just muddle along, while maybe one or perhaps two will offset all the disappointments by producing supersonic returns. Existing shareholders may beg to differ, but the sad truth of the matter is that judging which of the ten will ever hit the big time is anybody's guess at present.

Want to know which shares Maynard thinks will hit the big time? Check out the Motley Fool's Value Investor newsletter. To enjoy a FREE no-obligation trial, including access to past editions, click here.

Copyright 2004 The Motley Fool UK. All rights reserved. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Motley Fool UK. "

Am think about buying these again but when and what prices?
I bought these at 6.5p before and sold them at 11p
looking at buying PXC at 7p and am looking at healthcare enterprise group.

Healthcare are very boring!! They have good products including the Ebiox handwash-anti MRSA bug. I have held for months with not a flicker but would expect a trading update soon, then we might have some action. Up I hope! Pxc are well traded so at least they move around a bit, still waiting to go blue though on mine.

Nitefy

Is this the tree shaking? Lets hope so.

This is getting a tad boring.

Um... I hope so too - The morning got off to a very poor start, I checked the trades and it would appear a fair few were small trades. The spread is really upsetting and doesn't give me a great deal of confidence, it did get a little closer by end of day but I would still prefer it to be tighter (thats .25 tickers for you). Haven't been around today, so missed all the action! I might drop a buy order on Monday @ .07p, be interesting to read the press over the weekend, so I'll decide 10.30am Monday, see how it starts the week. I'm probably still going to stay out for a few more days, only because I feel it may drop a tad more yet (wouldn't want to short it though).

Troys - you think this is a tad boring... try buying a block of CYH, everyone in there have been waiting that loooooooong they've taken root!

Good luck anyway & have a great weekend

NF

yeah, this was 12p back in jan.

wish i sold now then. hindsight is a great thing

The mood's definately changed over the course of a week huh?

not over course of a week. Over course of a year, blakester.i never expected it to drift so much and for so long.

Must admit, i dont have good vibes about it now but its too late for me to sell as i bought just under 7p so may as well hold for long term. I bought fo long term anyway but had this for more than a year and price is almost the same from when i bought.