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".

Kram
I'm pretty much a novice at trading but have held PXC since September at 6.7p and like you, the little experience I've had tells me that non stop profit making is unrealistic - however, I've decided not to cash in at 11p (means 25K to me in profit!) because all the projections of future growth and recommendations to buy look good and the danger in taking the money and running now are that it is not easy getting the timing right on when to get back in; or making the assumumption the rises will now stop; I sold RTD for
16.5p because of my belief the rises could not continue and there would be a fallback but it continued up to 21p and I felt pretty sick - no hard and fast rules in this game, the one thing I DO know is that you can predict that prices are UNpredictable..........not much help because the truth is no one really knows...

PIPEX COM the company and the nature of it new business strategy has not even started to kick in, when you acquire a business in the real world you would formulate 3-5 year strategy...PIPEX Is no different...worth thinking about...

imagine the share price as the company builds up through profitability/cash/organic growth/aquisitions......?????

Just some thoughts - After the recent rise it was only a matter of time before some profit taking was bound to happen, still the trades do not seem that bad, we will have to see what happens Wednesday. jules99 is right this is still a good long term bet and as most of us have been in this one for some time and made good money, the call will always be when to cash some profit. The eoy report is still to come and I think it will be better than expected and push the price up. As you said it is only a young company that has been able to achieve alot in a short term. Still think 13 - 16 is the next target and the shares may trade at 10 - 10.25 if buyers do not return to support, below this would require some consideration.

seems; Once all selling is done by weak holders, should see it move again...MM's just creamimg out panic sellers at 10.75p...

Appreciate the balanced feedback from all posters.
Fundamentally I agree with the sentiment that pipex has a long way to go and that this could be the beginning of a fruitful couple of years. I suppose because I am investing comparitively small amounts I am trying to maintain momentum so that I can accrue a decent stake and build from there.
I know its early days for pxc and for now I will hold. Still confused though at the apparently huge volume of sales compared to buys.....

The sales are natural as many people have held a position in GXN/PXC at sub 8, 6 and 4p levels - therefore it is natural to see those buyers realise their paper based profits.

MAY PICK UP A FEW BEFORE CLOSE AT 11P, HAVE A FEELING DOW, NAS WILL ALSO START TO RECOVER FROM LAST FEW DAYS SELL-OFF FOR CLOSE OF WEEK...what goes down must come back at some point..

Well lots of sells today still clearing out the takers lets see what Friday brings and the total sell / buys for the week.

Stick with it. Look at the chart over the past six months. It pushes up a lot and then pulls back a little. In the long term I strongly believe this is only going one way. This company has put in place some very good strategic components for great success.

Pipex is now the largest investment in my share portfolio and I am reasonably optimistic about making a reasonable profit in the medium to long term.

The long term success of Pipex will depend on the service it provides to customers and value for money etc. The market for broadband provision in the UK is quite competitive.

The site www.ispreview.co.uk provides user reviews of the different ISP providers. Pipex does reasonably well but 'could do better' in some areas, particularly technical support.

If all sellers are done, we should hopefully see more momentum this week...

quietly moving...shhh!!!

buyers now willing to the 11.4p level, a good sign no doubt...

10.75 - 11.5p

I am a novice investor can anyone help me out with the tax aspect of dealing .which i don't understand .i retired early through ill health and am on a pension and deal in my spare time .i need to know how i calculate my tax liablity
i don't know where else to post this and as i respect goldfingers postings i thought this would be a good place to post this
anyone who can help i would be grateful

zul187
Not very experienced myself but if you press the search button at the top of the lists and enter tax in the body keywords you will list several threads that may be of some help.
BA

thanks will do

Share price moving up nicely today,,, lets hope it keeps going up :)

Moving nicely today

Any reason for the move, this is proving to be a nice little earner for me, do we think the 16 target price is realistic... would be a quadruple bagger if it does reach such dizzy heights : - )

This has been talked about in the past notes with views ranging from 13 - 20p by year end. My thoughts only - I have had shares for a couple of years since they feel from the 6p mark adding and selling a little on the way. I think the company is well placed to grow over the next year or so and may well be in the market for a another purchase. The plan to date has worked well and the final buy of pipex has firmly placed the company in the top 5. The full report should show some good figures and I think 13-16 is a reasonable target, after that the mc gets quite large. Overgrowth has put some good views in earlier notes as has jules99 worth having a look at those. As usual dyor, but with no bad news from the full report I think more to come, after all it is only February