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".

may anyone tell me what is the "T" trade means? I bought in @11.5P and still holding it, wish it would turn over soon...thanks

T is a timed/delayed trade. basically its a trade that doesn't have to be listed for 2 hours. so if it appeared at 11am it may well have gone through at 9am.

Check out the help page for details of all trade types.

skids

Big volumes going through again today

12m of trades today, mostly protected trades. Any thoughts?

Troys, what do you mean by "protected trades"?

T = If reporting a protected transaction.

Protected Portfolio
The transaction was reported as a protected portfolio or, was as a result of a worked principle agreement for a portfolio transaction.

Troys

Never known PXC to be so quiet. No buys in 2 days.

shhh ! zzzzzzzzzzzzz!
Good sign.. me thinks...don't know why but when the results are released it'll go crazy..results, imho, will be stunning !

when is the result? skyhigh, it was last year it was Fri. 2nd April, right? many thanks

Results are due 11 April 2005

Prelims due on 11th

thanks Dave1980 n g64946. I have lost a lot on paper and hold already for a year, wonder if I should top up now.

11th it is... know someone who works for PXC in WGC. hasn't been there long but said that it was looking good.. My thoughts are that I reckon as we get nearer to the date the good news will start to leak out and the sp will head north.. all imho.. of course, I could be totally wrong and results will not be as good as they might've been due to margins being squeezed and high operating/development/setting up costs.

exciting isn't it ? not knowing what's gonna happen.

IC backed these at the end of January at a price of 8.5 & following a rise these have drifted back. Tend to agree skyhigh that this could well drfit back up as news leaks. Often think this is a good one to jump in & out of within limits.

IC said:
'Broker Investec is looking for EPS of 0.28p, putting Pipex shares on a PE ratio of 30. For 2005, the rating drops to just 14, below the sector average of 20. There's a possibility that the company may be bid for, too'

DYOR but should be an interesting week or two

how exciting it is today!! no buy at all. :_<
Thoughout last whole year, even buyers was 2 timers of seller, price didn't moved. And again as near the result, will buyers should be back next wekk? and normally, the price SHOULD then be pushed up, but would it happen on PXC? any comment? Many thanks.

buys outdoing sells today, purely on the basis of 3 buts of 500000 shares.
- also 2 unknowns of 600000 which look life buys as well.

So bigger investors getting in, whilst smaller ones drift away. Who knows what about expected results on 11th...

Turning out to be black (red) Monday on all my stocks, 'cept for COR and PXC..
Will the crap market performance catch up with PXC or will PCX hang on and head north in the new fin. yr and before, during and after the results... ? We'll see.. although nothing's happening to the sp ...it's exciting, isn't it ?

Agreed - its like watching paint dry, but a stable sp & more buyers than sellers is as good as it gets currently!

Five million sign up to broadband
Andrew Oxlade, This is Money,
5 April 2005
TELECOMS giant BT will connect the five millionth broadband customer in the next few days, a year earlier than planned. The figure, which includes BT's rivals who have been given access to its local exchanges, was set in 2002 when the UK had just 200,000 high-speed web access.


Broadband is now one of the fastest growing consumer products of all time, with a faster-growing take-up rate than televisions, CD players or mobile phones. Prime Minister Tony Blair congratulated the company, saying the milestone was of 'vital importance' to the country.


'Broadband has the ability to transform the way we live our lives - whether in business, education or in how we use our leisure time,' he said. 'Most significantly of all, the adoption of broadband technology will enhance the UK's ability to compete in the modern knowledge economy.'



More than 95% of homes and businesses in the UK are now connected to broadband-enabled exchanges and the figure will rise to 99.6% by the summer.' The momentum of broadband is continuing to build,' said Ben Verwaayen, BT chief executive.


'The latest million connections have come in just four months, and BT is connecting a customer every ten seconds. But now the focus needs to move from broadband availability towards the ways in which broadband can improve people's lives. At work through greater productivity, and at home by delivering a whole range of new services.


BT dominates the broadband market with around a 35% share. Its latest figures, from December, show the company had 1.5m direct customers. It claims the UK broadband is now the most competitive in the world, with 200 companies offering services.


However, rivals have accused the former state-owned monopoly of dragging its heels in allowing access to its network. BT started from a strong position with a telephone network that extends to nearly every home in the country.


However, it has been forced to 'unbundle' its local exchanges and sell line space to rivals. Currently the market is split three ways - a handful of 'resellers' buy network space from BT and sell it to customers. Other companies snap up space in exchanges that BT has been forced to unbundle. There also around 2m customers with cable firms, which have laid their own connections to homes.


The largest resellers include AOL and Tiscali, with around 600,000 broadband customers each in the UK, while companies such as Wanadoo, with 700,000 subscribers, and Pipex, with 200,000 customers, have taken advantage of unbundling. The cable market is dominated by NTL, with 1m customers, and Telewest with 700,000.


In December, communications watchdog Ofcom told BT to cut its charges for access to local exchanges. Experts said it would eventually equate to a 36% reduction in charges for customers signing up to a non-BT broadband service.


A report last week by research group Forrester said the broadband market expanded 65% in Western Europe last year, twice as fast as in the US, where consumers embraced the technology earlier. The report added that broadband services in France, Italy and the UK were 'competitive and innovative as anything offered around the world'.


In Britain, broadband prices tend to range between 17.99 and 26.99 per month, depending on the package and data transmission speeds. Some more innovative packages, which offer a pay-as-you-go service, based on the amount of data downloaded, start at little more than 10 a month.


BT also flexed its muscle in February by promising to quadruple the speed of its standard broadband service without increasing charges. Most consumer and business customers will have their speed increased up to 2Mb. Those with BT Broadband Basic will have their speed increased from 512k up to 1Mb.

Is this the last chance to buy cheap?