GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
CityFibre badgering BT to gain access to BT’s Infrastructure ASAP! CityFibre CEO Greg Mesch said that CityFibre is ready to go with this and is looking at using BT’s infrastructure in a lot of its Cities. http://www.gizmodo.co.uk/2016/05/local-fibre-company-may-be-the-first-to-enter-bts-hallowed-ducts/ Again, DOYR and good luck with whatever you want to believe.
CityFibre wants to use BT’s Infrastructure to roll out its service to Council Sites in Southend. http://www.telegraph.co.uk/business/2016/05/01/bt-to-let-rival-use-its-ducts-and-poles-in-bid-to-boost-competit/
Over 6.5 million shares sold today and less than 28 thousand bought! Must be more ' Holding in Company RNS's' due shortly.
SKY more comfortable with being one of BT’s wholesale partners. http://www.ispreview.co.uk/index.php/2016/04/sky-confirm-no-plans-build-uk-fibre-optic-broadband-network.html
Over 5 Million shares sold on Friday 22nd and only 41 thousand bought
Benbuild, You sound like a CityFibre employee and are paranoid.
Polar Capital European Forager have reduced their shareholding by nearly 1.4 million. (that may thave been where the big sales came from yesterday).
As stated in the article it includes adjustments using “company’s preferred measure” which probably means hypothetical figures.
Liberum and FinnCap are CityFiber's Brokers and Advisors and therefore cannot be relied on. According to a document released by KCOM Group PLC on 14 Dec 2015, As at 30 September 2015, these assets had a Net Book Value of only £41.8 million. CityFibre have paid more than double. Network assets sold are the ducts, sub-ducts, chambers, cables and cable joints, ODFs and patch cords. KCOM Group retains ownership of network switching, transmission, control and application elements.
Liberum and FinnCap are CityFiber's Brokers and Advisors. If you want to follow their recommendation, it’s up to you, I prefer to follow an Independent forecast which has a target of GBX 40.46, currently.
CityFibre has underperformed by 23.77% the S&P500 and has a new target of GBX 40.46.
Barchart has a target of GBX 43.88
CityFibre has underperformed by 5.04% on the S&P500.
Foggy100, Are you an insecure CityFibre Employee who feels threatened by factual comments on CityFibre?
BT has announced new plans to deliver pure fibre connectivity to homes and businesses in the UK.
Director Gary Mesch sold 250,000 shares at 50.0 pence each on Tuesday.
According to the admission document, CFH will be paying interest at a rate of 10% over the LIBOR rate on the finance facilities. Details can be found here: hTTp://static1.squarespace.com/static/50a0c308e4b081ffff792a0b/t/566e5d57a128e652f046acd4/1450073431947/CityFibre+-+Admission+Document+2015+FINAL.pdf
KCOM group have released that the Net book Value of the Assets is only £41.8 Million and the deal does not include network switching, transmission, control and application elements for which the ownership will be retained by KCOM Group. KCOM group have released that the Net book Value of the Assets is only £41.8 Million and the deal does not include network switching, transmission, control and application elements for which the ownership will be retained by KCOM Group. CFH will only own ducts, sub-ducts, chambers, cables and cable joints, ODFs and patch cords.
CFHL sells a maximum 1G, check their product portfolio. Most competitors now offer Gig service to Business Customers. Regarding 60% of outlay given back over 15 years, the agreement only guarantees 5 years. KCom have an option to pull out after 5 year but have a right to carry on for up to 15 years if they wish to. Re: Mercury. Mercury was funded by its Giant parent company – Cable and Wireless. The figure of 8 only connects main Data Centres which are mostly shared. Mercury had to build out its own Networks out from the Data Centres which now belong to mainly Vodafone and the remainder to Virgin Media due to the merger of C&W and the Cable companies. Also to supplement its Network, Mercury had to lease a lot of lines from BT (if you’re technical, you’ll probably remember BT Megastream and Kilostream Ccts) and had a lot of its own point-to-point Radio Links. DYOR
What's your position in CFH?. If KCom couldn't make it work what makes you think CFH can, especialy given the failure history available in the public domain?