Kingston Communications is an established UK communications company. The Group's national business-to-business capabilities encompass the provision of fully integrated and managed network solutions, complemented by the delivery of voice, data and call handling services in the towns and cities served by the Kingston Communications network. This infrastructure comprises twenty-five metropolitan fibre networks and a long distance broadband network, which was initiated for service in May 2001. Kingston's new media activities include the DSL-based interactive television service, KIT, and satellite broadband content, storage and distribution arm, Kingston inmedia. The Group's East Yorkshire network operation has served business and residential customers since 1904.

Hi Skinny,


I have just gone onto 'youview' via KC.

The installer came rom Barnsley to the Beverley area where I live.

He and several other installers have been sub contracted for most if not all of the youview installations as most of KC's own employees are busy with full broadband installations and youview new customers are increasing at some speed.

Whilst I appreciate that KC have always used sub contractors, speaking to our installer I did get the impression that they have never been so busy and that many of their new customers are coming over from SKY.

Also fibre optic is slowly but surely gaining ground in the KC area with our area still on the waiting list.

Sometimes you can find out interesting info from talking to those on the ground.

Regards and all the best for Xmas.

Greek

Thanks for the info Greekman - sounds promising.

All the best to you too.

Trading statement 31st January.

Heavy volume ahead of Tomorrow's update.

Yes and funny how as the sells volume mounted up the offer increased with it.

Never seen such a sign that the mms want your shares, just waiting for those large late buy trades.

I expect the update figures to be over expectations with a small increase in the next dividend as per my post 501.

Skinny,

Where did you get the idea there is a trading update tomorrow.

Not doubting you, just can't find any reference to it anywhere.

Financial Calendar

That simple, just going for a lie down, thanks Skinny.

Interim Management Statement

Current trading

Over the third quarter of the financial year, the Group's performance has remained consistent with trading as reported at the interim results, released in November 2013.

Contract update

At the time of the interim results, we announced that Kcom had secured preferred supplier status for a substantial contract with a government department. The Group can confirm it has now signed this contract for the provision of hosted contact centres, supported by related IT and telephony services, enabled by our cloud-based portfolio, "Workplaces". This project is now in the detailed planning phase and a further update will follow at the preliminary results.

Outlook

The Board expects the Group to trade in line with expectations for the rest of the current financial year. The Group is due to announce its preliminary results on 6 June 2014.

- ends -

I was wrong re beating expectations, but happy all the same.

See my post 501 of 17/12/13, re I have just gone onto 'youview' via KC.

At the time I had to wait just short of a week for installation.
My daughter has also decided to go for 'Youview' and the wait it now 4 weeks, this of course could be because they have cut the sub contractors hours, or because they are so busy.

I will leave you to draw your own conclusions.

Well the next Trading Statement is due on 31st March!

Last time I predicted it would be ahead of expectations, it wasn't so keeping stum this time.

Mind you if they are rolling out Youview quicker than expected more money is put in to get more out so expectations re profit are difficult to predict.

Trading Statement 31st March.

Link copied :- Why I’ve Sold My Holding In Vodafone Group plc For This Little-Known Company

Good find skinny, obviously the writer has read post 511.

Pre-close statement


KCOM Group ("the Group") announces it will be entering a close period on 1 April 2014, ahead of its preliminary results announcement for the year ending 31 March 2014. The Board confirms that trading remains in line with expectations.

The preliminary results will be released on 6 June 2014.

Board changes

As previously announced, from 1 April 2014, Bill Halbert, currently Executive Chairman, will assume the role of Group Chief Executive and Graham Holden, the role of Non-Executive Chairman. Mr Holden has been an independent Non-Executive Director (NED) for the past 6 years.

In conjunction with these changes, an additional NED will be recruited.

Pension update

The Group is pleased to announce also that it has reached an agreement with the Trustees of its Defined Benefit Pension Schemes ("the Schemes") to provide further funding of the Schemes' current deficit position through the asset backed Partnership ("the Partnership") that had been previously established during the year ended 31 March 2013.

The total value of this income distribution to the Schemes is £16.0 million. Further details will be provided, alongside an update as to the Schemes' funding position and deficit repair plan, at the preliminary results announcement in June.

ENDS

Questor share tip: KCOM's 5pc dividend

A test of 106 beckons again.

Final Results

Highlights

· Year end results in line with expectations
· Strong second half cash performance with closing net debt of £75.0 million
· Net debt to EBITDA ratio reduced to 1.0 x (2013: 1.2 x)
· Increased final dividend of 3.25p, in line with commitment to increase dividend by 10 per cent per annum until March 2016
· Refinancing agreed, providing capacity to consider investment in selective organic and inorganic opportunities to strengthen position in target markets