Virgin Media Third Quarter 2012 Results. - Page 4

24-10-2012, 16:15

Well i am certainly smiling bought mine at 12 dollars and 57 cents, still not selling yet though as the city money men reckon they will reach 37 dollars with some saying 40.

http://zolmax.com/virgin-media-price...2919243/19243/

Quote:

Originally Posted by Itshim

Because I can be pedantic I will point this out & it was the reason for my original post the WORD I questioned was fantastic . Way to strong for what was posted.
Please note the minus signs or have I got that wrong

As at 2.30pm

VMED (NASDAQ) VMED (LSE) Last: 33.25$ Last: 2,075GBX Change: -0.88 Change: -16.00 Change%: (-2.58%) Change%: (-0.77%) Time: 09:36 am ET Time: 02:36 pm UKT

---------- Post added at 16:09 ---------- Previous post was at 14:55 ----------

spoke to my brother - he just laughed at the thought of going into Virgin shares. Still what ever rocks your boat I guess is good.

---------- Post added at 16:11 ---------- Previous post was at 16:09 ----------

Now that I can relate to. Bet you started at a really low price. The Tax man cometh

RobboEdin · 24-10-2012, 16:44

Quote:

Originally Posted by Itshim

spoke to my brother - he just laughed at the thought of going into Virgin shares.

I presume that your brother is some sort of IFA? I wouldn't trust any IFA as far as I could kick them and that's not very far.

Sirius · 24-10-2012, 16:51

Quote:

Originally Posted by Pierre

It is for me, and anyone else in the VM share save scheme that matures on 1st November.

Indeed

Pierre · 24-10-2012, 16:52

Quote:

Originally Posted by Itshim

Now that I can relate to. Bet you started at a really low price. The Tax man cometh

$5:20 :-)

Quote:

spoke to my brother - he just laughed at the thought of going into Virgin shares. Still what ever rocks your boat I guess is good

VM shares,and believe me I know as I watch them daily, have been on an upward trend for the last three years (albeit with the odd dip here and there, and they have been particularly strong for the last quarter.

Your brother knows nowt.

24-10-2012, 16:53

Quote:

Originally Posted by Pierre

$5:20 :-)

VM shares,and believe me I know as I watch them daily, have been on an upward trend for the last three years (albeit with the odd dip here and there, and they have been particularly strong for the last quarter.

Your brother knows nowt.

Well said

Sirius · 24-10-2012, 17:45

Quote:

Originally Posted by Pierre

Your brother knows nowt.

MaverickJesus · 24-10-2012, 18:01

The share price will be generally increasing for two reasons, telecommunications is now classed at the same level importance of other utilities, and secondly VMs debt issues have significantly improved, especially over the last few years.

In fact, VM tendered out today to replace $1.25bn of existing high interest debt that's due to mature in the next few years, with lower interest debt due in 2022. The fact that VMs credit rating has drastically improved along with the debt ratio is basically the main reason they have returned to profitability.

You never know, one day they might have cleared enough debt to start giving a **** about the customers...

24-10-2012, 18:31

Quote:

Originally Posted by MaverickJesus

The share price will be generally increasing for two reasons, telecommunications is now classed at the same level importance of other utilities, and secondly VMs debt issues have significantly improved, especially over the last few years.

In fact, VM tendered out today to replace $1.25bn of existing high interest debt that's due to mature in the next few years, with lower interest debt due in 2022. The fact that VMs credit rating has drastically improved along with the debt ratio is basically the main reason they have returned to profitability.

You never know, one day they might have cleared enough debt to start giving a **** about the customers...

So what is doubling broadband speeds?

denphone · 24-10-2012, 18:35

Quote:

Originally Posted by Top banana

So what is doubling broadband speeds?

All very nice TB but the trouble is we are still waiting for it.

MaverickJesus · 24-10-2012, 18:52

Doubling broadband speeds has more to do with remaining relevant in the current market than any passionate need to help customers.

24-10-2012, 19:08

Quote:

Originally Posted by MaverickJesus

Doubling broadband speeds has more to do with remaining relevant in the current market than any passionate need to help customers.

Yes but other companies are charging extra forl higher speeds, whereas VM are doing it for free when they have spent over a million pounds on the upgrade to the network

TiVo is another thing appreciate there's a charge, however no one else offers it an agAin the cost to develop and integrate is not cheap

denphone · 24-10-2012, 19:11

Quote:

Originally Posted by Top banana

Yes but other companies are charging extra forl higher speeds, whereas VM are doing it for free

Not so sure they are doing it for free as l have had two price rises this year plus one suspects one or two price rises arriving next year as well so to say its free is a fallacy in my opinion.

BenMcr · 24-10-2012, 19:14

Quote:

Originally Posted by denphone

Not so sure they are doing it for free as l have had two price rises this year plus one suspects one or two price rises arriving next year as well so to say its free is a fallacy in my opinion.

However, quite a few pre-April customers - to whom the price rises applied - can reduce their bill by moving onto a Collection

qasdfdsaq · 24-10-2012, 21:13

Quote:

Originally Posted by Top banana

Please don't post when you have no idea what you are on about. The price in this post is dollars, so they went up by 3 dollars.

So if you bought 100 dollars worth at 10am by close of play that was a 300 dollar profit

Says the guy who thinks VM stock quadrupled in the space of seven hours?

---------- Post added at 21:13 ---------- Previous post was at 21:08 ----------

Quote:

Originally Posted by BenMcr

However, quite a few pre-April customers - to whom the price rises applied - can reduce their bill by moving onto a Collection

Quite a few is not all. Customers taking one or two services (i.e. actually just talking about broadband here) have unavoidable price increases.

If you want to talk about the cost factor of a broadband speed increase you should be looking at the cost paid solely for broadband, not in combination with several other unrelated services that are not involved in the delivery of said broadband.

spiderplant · 24-10-2012, 21:46

Quote:

Originally Posted by Top banana

So if you invested $100 at 13.49pm on Monday, the price was $32.47, on Tue at 14.19pm it was $34.44, so you would have made just shy of $200 dollars plus your $100 back in the space of 24 hours, not sure whats hard to understand about that??

Err...
$100 at $32.47 each would buy you 3 shares and you'd get $2.59 change.
Selling your 3 shares on Tuesday would raise $103.32.
You now have $106.91.

Still not a bad investment, as long as you don't pay dealing fees.