GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Woodford takes the long view DYOR
northernsoul, It's not a case of one or the other. CityFibre has no chance of success in the near future. It will probably go bust. It has fierce competition from Giants (Virgin Media, BT, COLT, Angie etc). Just look at the trailing messages. Re Woodford, It is obvious from the media, that Woodford has made bad mistakes this year.
Woodford or EIHumphreys DYOR always
The latest monthly update from Neil Woodford's flagship equity income fund shows the master investor has been going against the market http://money.aol.co.uk/2016/11/21/should-you-follow-neil-woodford-into-recent-fallers-bats-cpi-an/
Big losses for him then, in the near future, as Cityfibre goes bust.
Funny how he's just upped his stake and now owns 17% stake in citywide. Looks like a positive to me.
Woodford trust falls into worst performers list in October http://www.investmentweek.co.uk/investment-week/news/2476723/woodford-trust-falls-into-worst-performers-list-in-october
another 100,000 for him.
COLT is building a 100Gbs backbone network across the UK. CityFibre has no chance with it's more than a decade old and some unused KCOM network. http://www.colt.net/news/colt-delivers-100g-enabled-network/
Here is another link if you can't access FT http://www.thinkbroadband.com/news/7549-virgin-media-boosts-fttp-coverage-to-50-in-project-lightning.html
Virgin Media aims to become a major alternative to BT with massive FTTH rollouts in the UK backed by £3 Billion investment from parent company, Liberty Global. https://www.ft.com/content/fee3e60e-a289-11e6-82c3-4351ce86813f
BT launches its 1Gbps FTTP and a two hour connection time. Every operator is now offereng 1Gbps service. http://www.product-reviews.net/2016/11/09/bt-1gbps-fttp-broadband-cost-and-two-hour-connection/
*transformational
its going through some growing pains. i still think its a good long term punt. but judging by directer sells i don't think anything informational will happen in the short term.
could be worse. they could be messing around with lthose poxy £40 a month fibre and line rentals. that's a real time, admin and cost drain on any telecom company.
i wonder if it was a stop loss that triggered that. even i will admit that doesn't look good that 3 of them did it at the same time. if it was just 1 you could excuse it. and £0.5m contract over 15 years isn't anything to shout about either. only 33k a year. £2750 per month. nothing special. For once I have to agree with El Humpherrys. 10gig circuits are much more lucrative. With 10gig circuits you can rake in about 10 to 15k a month. lets say 10k for a conservative value. that's 120k a year. would have been worth £1.8m on a 15 year contract. and the additional admin expense isn't going to be much more than for a 1gig circuit. and 15 years is mental. they better have a decent early termination penalty fee for that contract.
Angie Networks Limited, a new entrant to the telecoms market and part of the world's largest telecoms start-up, today announced that the company has entered into an agreement with RF Com Limited, the agent for UK and Europe of Elva-1, the world’s pioneering and leading mm-wave R&D firm, for the delivery of multiple million pounds worth of equipment to deploy as part of Angie’s upcoming ubiquitous wireless Internet networks in the UK and globally. http://ang.ie/component/content/article/27-nieuws/258-elva-rfcom-angie
Cityfibres three top executive directors sold over a million shares today.
TRADERS' TIPS: City insiders say buy Imagination Technologies but sell CityFibre http://www.thisismoney.co.uk/money/investing/article-3819292/TRADERS-TIPS-City-insiders-say-buy-Imagination-Technologies-sell-CityFibre.html
Haitong Securities has reiterated Sell Rating and has a target price of GBX 30. https://www.stocktargetprices.com/reports/CityFibre/Haitong%20Securities/
Half a million pounds for a 15 year agreement? It will cost more than twice that every year just to administer it. These guys must be getting desperate!
They also said that ::: The company said the performance year-to-date has been strong and the group is trading comfortably in line with full year expectations. lol lol selective. DYOR always
Chairman to leave and said that to date it has seen no changes in customer behaviour or demand since the U.K. vote to exit the European Union. http://www.marketwatch.com/story/cityfibre-pretax-loss-widens-chairman-to-leave-2016-09-26