Interesting sell rec from daily mail tnp.
I read Gray Newman on S.P . blog takes another view that's its "a recovery play".
A placing @ 107p on the 8th Feb .
Price @ 105 Friday. ( from posts on this bb )
"Markets remain in unforgiving mood if the reaction to today's trading statement by cyber security specialist LSE:SOPH:SophosÂ is anything to go by.The company, which has a portfolio of cloud-based products that protect over 280,000 organisations ..."
I don't post often at all these days but have caught this mornings bad news on the Daily Bugle. My instant reaction is that the private investor will be left extremely bitter, twisted and resentful and feel completely frozen out on this one.
1. They have watched the daily reduction in the share price and the falls accelerating more in recent weeks as some in the know either reduced or shorted the [email protected] out of it.
2. They now face another dividend cut.
3. Its a placing so they are excluded. £200 Million and not even a chance to participate.
4. Its a Bookbuild. That says there will be a further drop as Institutions will not want to pay present pricing.
5. Never mind Dunstone and Co will pick up cheap stock that the private investors could have had.
6. Can only see selling today. I cannot see anyone buying at all today only to find a cheaper book building price in 2 or 3 days time.
Its a complete mess, with complete disregard for existing private investors.
"In contrast to the bullish update in November, LSE:VOD:VodafoneÂ injected a note of caution for investors today after a competitive quarter of trading in Europe.Spain and Italy were a particular issue as European growth moderated to 0.3% in the ..."
Yes, perhaps vodaphone could do something with it, but get rid of that !d!ot ceo woman!
And whilst on the subject of !ncompetence, when is iii going to get their act together? Clients will be leaving in droves.
from BBC :-
Broadband provider TalkTalk is down more than 17% to 108p, largely it seems on the back of a cut in the target price to 90p by the broker Exane.
It argues that broadband customers are increasingly seeking bargains, putting pressure on revenues across the industry.
Exane says TalkTalk had been the main beneficiary of consumers downgrading, but that was is no longer the case: "Their trading momentum appears to have peaked, and their share of the discount market is coming under renewed pressure."
In November TalkTalk spooked investors with a profit warning and cut the dividend.
Not agreeing with their view... but from Citywire:
Jefferies predicts TalkTalk dividend cut
Jefferies is disappointed by the lack of progress at TalkTalk (TALK) and expects a dividend cut next year.
Analyst Jerry Dellis reiterated his underperform recommendation and reduced the target price from 125p to 95p. The shares fell 11.2% to 137.2p yesterday.
Dellis downgraded the stock to underperform in February 2015 and he said not much had improved since then.
New tariffs are not delivering churn reduction as hoped, diluting earnings/free cashflow growth prospects, he said.
We remain heavily below consensus and expect TalkTalk to miss earnings guidance.
He added that bond covenants threaten dividend capacity and that a -40% dividend per share cut next year is the minimum requirement. "
Whether rumours are correct or not, I don't think the foray into Mobile has been or will be successful for Talk Talk under the current model. MVNO Mobile is loss making and the thin (no network) MVNO deal they have with Vodafone doesn't look particularly good. They'd do better to stick to fibre/copper broadband. Although if they concentrated on mobile broadband, rather than handsets and voice, then there may be legs there, IF they can get the deal right with Voda or another network operator.
Another one @ 7.20 am to 8am ( follow on offer ?? ).... Barclays downgraded to sell at 5am according to Cornhill .
Share price down to 203p @ open .... Large share holder , might have Barclays connection , might be Director..... Say Cornhill no one knows ... Lol
" IT WASN'T A RECOMMENDATION " ........... No just a rip off .
"Elsewhere in London, TalkTalk Telecom is exploring an exit from its mobile operations, after opening talks with other providers over the future of the business, the Financial Times reported Tuesday. TalkTalk has had discussions with rivals Vodafone Group, O2 and Virgin Media, with a view to striking a deal in the coming weeks for the unit, which has almost 1.0 million customers, according to the FT. The move is a key part of a strategy by TalkTalks new management, led by Executive Chairman Charles Dunstone and Chief Executive Tristia Harrison, to overhaul the companys operations and focus on fixed-line broadband, as it returns to its roots as a budget internet provider." By Daniel Ruiz; [email protected]
I have a feel that this is going to be a mistake. So much communication is done wireless these days that many will question the need for wires. In France this summer I saw an Orange Airbox which uses a SIM to provide a mobile broadband router whereever you are. Seemed to work OK.
Personally, this sell-off will not be great for me. I am a TT customer getting my landline, broadband and TV from them. As part of my package I get a "free" £0 per month mobile service which despite its modest call and data allowances and lack of 4G does me fine. As a result of the ending of the mobile service I will be checking whether my land line and broadband services are still competitive.
Switch to Plusnet for the broadband. Its cheaper and currently you will get a £50 Amazon voucher for your trouble.
I switched primarily because they have a very good rating for Customer service. TalkTalk is appalling.
TALKTALK are hiking up prices for customers, with price rises going to kick into effect in a few weeks time.
TalkTalk customers will see the price for their monthly bill rise, with price increases starting to come into effect from August 1.
The telecomms firm has revealed that customers on non-fixed packages will be hit by the increase with some customers their yearly bill rise by £21.
In total 400,000 TalkTalk customers will be affected by the price increase, according to The Sun.
TalkTalk customers who are on a Fixed Low Price Plan will not be affected by the price change.
Those who have signed up or renewed their broadband with TalkTalk since October last year will be on this plan and are not affected by the increase.
A TalkTalk spokesperson said: Changing our packages and pricing is never a decision we take lightly but were committed to bringing our customers the best value products and services.
Weve been investing millions in improving our unlimited broadband network, making our TV service faster and simpler to use, and introducing industry-leading security services and calling features which we provide as standard.
Whilst making such improvements mean that some prices will increase, were determined to put our customers first and TalkTalk customers continue to make a saving of up to £333 in comparison to BT, Sky and Virgin Media.
Hannah Maundrell, Editor in Chief of Money.co.uk, advised TalkTalk customers to check whether they are still getting a good deal from the provider.
She said: TalkTalk are hiking prices for loads of customers next month so checking youre still getting a good deal is an absolute must.
The chance is you could save a bundle even if you dont want to switch.
It pays to be brave as TalkTalk may be receptive to haggling especially if you threaten to leave.
Its really as simple as giving them a call and asking them how low they are willing to go to keep you as a customer.
For the best results do your research first; know what you would pay for your package as a new customer, check what the same deal would cost elsewhere and look at alternatives.
Of course, its also worth checking whether youre actually using all of the data and minutes youre paying for.
If youre one of the people it hits make sure you do something about it.
CALL CHARGES INCREASE
Standard call rates to UK land lines and mobiles (package name) - previous price: 12.5p per minute, new price: 13.5p per minute, starting from: August 1 2017.
Standard connection charge (package name) - previous price: 18p per call, 20p per call, starting from: August 1 2017.
Premium number access charge (package name) - previous price: 7.5p per minute, new price: 10.5p per minute, starting from: August 1 2017.
PACKAGE CHARGES INCREASE
Simply Broadband (package name) - previous price: £27.95, new price: £29.70, starting from: August 1 2017.
Simply Broadband with Fibre Medium (package name) - previous price: £37.95, new price: £39.70, starting from: August 1 2017.
Simply Broadband with Fibre Large (package name) - previous price: £42.95, new price: £44.70, starting from: August 1 2017.
Essentials Broadband (package name) - previous price: £30.45, new price: £32.20, starting from: August 1 2017.
Essentials Broadband with Fibre Medium (package name) - previous price: £40.45, new price: £42.20, starting from: August 1 2017.
Essentials Broadband with Fibre Large (package name) - previous price: £45.45, new price: £47.20, starting from: August 1 2017.
Shares in telecoms operator TalkTalk are a bargain, analysts said, after a hack last year saw the stock price plummet.
Deutsche Bank rated it a buy, citing its affordability as well as forthcoming opportunities in the sector, such as improved service from BTs broadband wholesaler, Openreach, and new access to its infrastructure.
Analysts said: Management is now more focused on profitability than growth, rather than both.
I dont think they will get anywhere near 140p unless the market has a considerable sell off with Charles Dunston back at the helm i see value here and a good long term recovery play
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