Member Info for Fallingknife1

Afternoon Rugs. Since I started to hope the SP would fall so I could buy more it has only gone in one direction. Up.

It has perked up a little now Robin. I don't think a recovery in the SP is necessarily underway but it is off its lows. I find it hard to value to be honest with the allegations of abuse very current high tea prices.

Major I just emptied my pockets there so I best buy in soon. Got no puns left :)

made out of rubber? It has bounced after a big drop, The SP was being leathered on the open and I thought this and Footlocker were honestly a pair if crocs. Maybe in hindsight 61p was overstretching it and an SP of 56p is more fitting for now.

Judging by your contributions Dribbly you will be able to have a welcoming party as you got there first. So you are relying on others buying to get the SP up. No wonder you don't like anyone posting who is negative on the share. Only your prism is 'valid'. Nice try but you are getting the SP you deserve :)

Must have this trade of 500 shares.

26-Nov-20 11:00:13 0.90 500 Buy* 0.83 0.88 4.50 U

A useful tie-up with Adamo

Spain's Adamo awarded EUR 72 mln govt grant for rural fibre rollout
Thursday 26 November 2020 | 09:18 CET | News
Spanish broadband provider Adamo has secured EUR 72 million in grants from the Ministry of Economic Affairs and Digital Transformation to help it roll out FTTH networks in rural areas covering 19 provinces. The grants are co-financed by the European Regional Development Fund (ERDF) and are part of the government’s PEBA-NGA programme to improve broadband services in digital divide areas with next-generation networks. Adamo said it will be using the funds to improve coverage in the provinces of Lleida, Girona, Tarragona, Cantabria, Valencia, Zamora, Leon, Huelva, Badajoz, Asturias, Cordoba, Palencia, Seville, Avila, Cadiz, Valladolid, Lugo, Ciudad Real and Toledo.
In a statement, the company said it intends to invest a total of EUR 165 million to extend its network to areas still lacking fibre coverage in the provinces. It also wants to take advantage of this deployment to reach even more areas in need of fibre, bring 1Gbps speeds to some 450,000 homes over the next 2 years.

Adamo acquired 5 regional networks at the end of last year to add some 170,000 homes to its fibre-optic footprint, allowing it to surpass the 1 million-home milestone. The operator is now expanding at the rate of 30,000 homes a month and expects to be in a position to bring gigabit fibre-optic services to 1.5 million households in digital divide areas by the end of this year, rising to 2 million “very soon”.

Adamo currently has its own coverage in Catalonia, Madrid, Valencian, Asturias, Cantabria, Navarra, Castilla La Mancha, Castilla-Leon, Extremadura, La Rioja, Galicia, Murcia and Andalucia. Earlier this year it secured EUR 250 million in a fresh funding round led by banks including BBVA, ING and Investec and reached a wholesale access deal with Euskaltel.

hTTps://translate.google.com/translate?hl=en&sl=es&u=https://www.bolsamania.com/capitalbolsa/noticias/bolsa/euskaltel-los-rumores-de-opa-llevaran-al-valor-a-las-cercanias-de-los-1000-euros--7725364.html&prev=search&pto=aue

10% upside from its current price. If reached it would widen the gap between ZEG's SP and the NAV of its holdings. Something which the company is striving to narrow.

I am really liking the performance of the underlying asset and the progress it is making. As well as being underpinned by the dividend distribution. I plan to add to my holdings here as there is a disconnect between the SP and its intrinsic value.

Fair enough Tiger but the fallout from such an RNS is pretty sore PIs and maybe funds who bought in the last few days (am not personally invested)and possibly spooked potential investors. Ok there may be some bottom fishers emerge too but SHOE is a very uncertain play now to me. Remember there was talk here of a £1 a few days ago.

HHAHA. Excellent spot MajorB. Writing that would have been a stretch even for me! Peter Foot is probably chuckling at your comment.

When I saw the large fall I was worried something was afoot. The RNS is very downbeat which must have been unsettling investors with its s(h)ock factor. Is it a screaming buy now or are buyers at this level likely to be tripped up? Tbh I haven't a Jimmy Choo what will happen next!

Thanks Lew, I took it from some rns I think. You are quite correct. I am shocked by the fall today but it is a buying opportunity no doubt.

shoe-rly is I agree.

Spanish regional cable operator Euskaltel Group’s recently launched Virgin telco brand, which it uses to market services in Spain outside its home turf of the Basque Country, Asturias and Galicia, has now signed up over 58,000 customers after six months of operation.

Euskaltel CEO José Miguel García unveiling the Virgin telco brand earlier this year

The total subscriber base includes 43,000 fixed and 15,000 mobile customers, with the fixed base running well ahead of the 35,000 target the company set for the end of this year when it launched.

The higher fixed take-up reflects the fact that the telco now covers close to 21.5 million homes, ahead of the 18 million envisaged in the original business plan. The homes passed include 3.2 million in Madrid and one million in Malaga, Seville and Alicante.

Zegona Communications, Euskaltel’s largest shareholder, which has been instrumental in setting its current strategy and characterised the latest numbers as “a huge success”, said that 72% of municipalities with over 50,000 inhabitants now had contracts with Virgin telco.

Euskaltel last week launched a new package, Netflix Fan, that includes access to Netflix and 10GB that the customer can use on any of his or her mobile lines.

Broadband customers will be able to access the range of entertainment content offered by Netflix from any device and location, alongside 10GB of data to be used on any of the customer’s Euskaltel mobile lines or by buying a new data SIM card.

José Miguel García, head of Virgin telco and CEO of the Euskaltel Group said: “In six months, we’ve seen how this project has grown extraordinarily and I am sure that as a result of the huge effort made by the entire team and the company’s unbeatable philosophy, Virgin telco has a very bright future in the Spanish telecommunications industry, which, as I always say, is one of the most developed in the world. This is just the beginning and we will continue striving to offer customers services that meet their needs in a transparent, straightforward and flexible way. Customers will continue to be at the heart of our business strategy. 2021 will be an extremely exciting year, full of new developments”.

Koldo Unanue, chief marketing officer for Virgin telco, said: “Virgin telco can lay claim to having understood the needs of current customers and has been the first and only telecommunications company to launch onto the domestic market at the height of the global pandemic. Although this might have seemed risky, the company continuously shows that it can go all the way and that its 100% customer-centred philosophy works. “

And the indexed related divi in a useful hedge v inflation in a low interest rate environment. Not much impairment for bad debts either considering the macro environment. It will probably retrace a little in a Santa claus rally being a defensive share but like other posters this share looks good under 900p. Not selling any myself as I put the divis back into shares.

for now. But SHOE is on a much better footing for sure at 60p. The rise has been spectacular but I hope the recent unshoesual trading patterns don't come to the attention of the regulators tbh.

A moron replying to posts he or she can't see. Well Dodgy.

Not sure what has caused the drop but sub 500p is buying territory for me. Probably some profit taking and perhaps a little fear of the rating. Still good value in my book. And what's better for me is the near 4p divi on 20 Dec can be recycled back in buying cheaper shares.

Good posts Noel. Wouldn't worry about the slimeballs as they are getting the SP they deserve. They have nothing to contribute on the company except it is now a moonshot. The dribbly one was talking about not needing investment advice here from 4p down to 1.85p. Oh well he can suck it up.
Getting close to my TP of .8p on the bid :)

Actually I have been scratching my head to think but I am pretty sure appointing Nick C-leg-g as a NED would be a good move here. He has a good turn of foot as evidenced by how he left the Lib Dems too.