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".

I have just gone back in as they appear to have woken up-I am hoping for good prospects from their new VOIP offering to small businesses. This is the next big thing and should save lots of money for any business that takes it up. Fingers crossed I'm right-hoping for some positive RNS soon.

I've got fed up waiting for these when there's more action going else where. Cut my holding in half today. Too slow for me boy's.

LOL

MS

Nearly sold before I saw the rise. Now only 5% away from breaking even :(

Captainmerton - some big companies (BT, Cable and Wirless) might just be a little scared of Wimax and want a piece of the action. Just a thought.

Mickeyskint - 6.5 milllion buy near the close. Keep moving about and you will live up to your moniker. LOL.

And remember, PXC acquired Host Europe and Nildram. And maybe Easynet to come (but that's a rumour).

Will we see a repeat of the 2004 chart ? If so 12p is on the cards.

From The Telegraph .....

On Aim, broadband provider Pipex Communications rose 0.37p to 8.37p on heavy turnover of 16.7m shares. Dealers speculated the group will announce a tie-up with business telecoms provider Easynet, pegged at 105p.

Here's the link

from telegraph online


On Aim, broadband provider Pipex Communications rose 0.37p to 8.37p on heavy turnover of 16.7m shares. Dealers speculated the group will announce a tie-up with business telecoms provider Easynet, pegged at 105p.

http://www.money.telegraph.co.uk/money/main.jhtml?xml=/money/2005/01/08/cxmktrep08.xml&menuId=242&sSheet=/money/2005/01/08/ixfrontmarkets.html

Blue again. Hope this is the start of good things to come

VOIP is the next big boom-I have bought into EVS for this reason and now Pxc are launching it for their business customers. The cost savings will ensure the takeup will be good-this could be why Pxc has started rising, exciting stuff-DYOR.

Did we not get a trading update in Jan last year ? Could be news has leaked of a positive one this year ;-)

Don't the usually have the telecommuication awards around this time of year. From memory I think PXC where up for numerous awards last year and with the progress they have made (HOST) it could be they are in a better position to capitalise this time round.

We normally get the trading update around the last week of Jan. We were also at the same price this time last year. SP moved north. lets hope we see the same again!!

A bit of news from today.... PIPEX Communications plc

Pre-close period trading update



PIPEX Communications plc, the telecoms network operator and provider of business
and residential broadband solutions, is pleased to announce that it expects to
report results for the year ended 31 December 2004 in line with market
expectations.


During 2004 PIPEX acquired both Host Europe plc, the hosting services and domain
registration provider, and Nildram, one of the UK's leading independent
broadband internet service providers, for a total consideration of 44 million.
The integration of these businesses has gone very well and is in line with
management expectations.


PIPEX has maintained its 'capex-light' business model with capital expenditure
at the end of the financial year amounted to less than 6% of sales, the majority
of which was directly related to new customer provisioning. Gross margins for
the year have strengthened to 47%, as a result of a favourable shift in the mix
of product revenues.


Customer numbers at the year end reached 420,000 across broadband, hosting,
domain registrations, private circuits and voice (up from 150,000 in January
2004). Broadband customers, in particular, have grown by 67% over the year with
average revenue per broadband customer increasing by 4% in the same period.
This was due to a combination of factors including a change in mix between
business and residential customers, as well as upgrades.


At the end of 2004 PIPEX launched both its first VOIP service and a bundled
broadband and voice product. Initial take-up of these services has been very
encouraging.


PIPEX will report full year results in April 2005.

as usual we have news and 26,000,000 of mostly buys today and very little on share price

2,147.48m shares issued. Patience.

eps, p/e 0.58p 14.66 for 2005, sp should double

Thats a little more like it

48,000,000 of trades now. Looking good

About time. Should regain losses of 2004.

MS

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=421062


Lot's of good press around. Time to add or jump aboard.

Forecasts

Year end 2005 eps 0.28p p/e 15.52 peg 0.14 eps growth +107%
Year end 2006 eps 0.87p p/e 10.34 peg 0.21 eps growth +50%

Profit & Sales Forecasts
Year Ending Profits (m) Sales (m) Sales/Share Price/Sales per share
31-12-2004 6.01 100.06 0.05 1.93
31-12-2005 12.46 135.52 0.06 1.43
31-12-2006 18.68 158.24 0.07 1.22

House broker Collins Stewart (cscs)

THE GOOD NEWS

4th largest broadband operator in the UK . Customer numbers at the year end (2004) reached 420,000 across broadband, hosting, domain registrations, private circuits and voice (up from 150,000 in January 2004).

Broadband customers, in particular, have grown by 67% over the year with average revenue per broadband customer increasing by 4% in the same period

Acquisition of Host Europe plc strengthens PIPEX's position in key growth sectors of hosting and domain names.

Acquisition of Nildram one of the UK's leading independent broadband internet service providers.

Integrating 44 million ($82.20 million) of acquisitions had gone "very well" and said gross margins had strengthened to 47 percent

Launched both its first VOIP service and a bundled broadband and voice product. Initial take-up of these services has been very encouraging.

PIPEX has maintained its "capex-light" business model with capital expenditure at the end of the financial year amounted to less than 6% of sales, the majority of which was directly related to new customer provisioning. Gross margins for the year have strengthened to 47%, as a result of a favourable shift in the mix of product revenues.

Wimax. Pipex have part of the structure (part of the spectrum in their static p2p network, the leases, fibre network and of course links between sites). BT and others do not have this access. Likely that Pipex will sell it to them. Another option would be a joint venture (eg with Easynet). Intel also have a vested interest in making this happen.

Results for 2004 would be in line with analysts' forecasts. The City has pencilled in revenues of just over 100m and pre-tax profits before financial charges of 5.4m. Probable maiden profit due.

Results in April.