Virgin Media Third Quarter 2012 Results.

[alwaysabear]

Originally Posted by Top banana

Sorry? Did I say that they quadrupled? Please show me where? However I did post the wrong price.

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??

If you invested $100 you would make just over $6 a return of 6% pretty good.

Originally Posted by spiderplant

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.

too much beer, meant to say bought 100 shares

[qasdfdsaq]

Fail fail fail fail fail.

---------- Post added at 11:38 ---------- Previous post was at 11:37 ----------

Originally Posted by alwaysabear

If you invested $100 you would make just over $6 a return of 6% pretty good.

$6 is a far cry from the $300 he was claiming...

[MaverickJesus]

Buried in the finer details of the quarterly report:

We expect to be able to continue to grow consumer revenues through selective price increases, increasing the proportion of customers taking
higher value products, and increasing the take up of TiVo and selling contract mobiles to our cable customers, which we anticipate will be partially offset by
declining prepay revenue and declining fixed−line telephony usage revenue.

Hurrah!

[BenMcr]

That's hardly a surprise

[qasdfdsaq]

But it's totes evil.

[BenMcr]

Originally Posted by qasdfdsaq

But it's totes evil.

Why? It's not unique to Virgin Media, nor to the communications sector.

[passingbat]

Originally Posted by BenMcr

That's hardly a surprise

Not after a previous report where he effectively said that Tivo was shiffting well, so they thought they could get away with upping the price from £3 to £5 without slowing down the uptake. Wheather it's right or wrong, it comes across to customers as a form of fleecing them. No one objects to a product sold with a fair profit, but when there is a hint of going beyond the fair profit, just because they can get away with it, then I think it reflects badly on the company.

[qasdfdsaq]

Originally Posted by BenMcr

Why? It's not unique to Virgin Media, nor to the communications sector.

Just cause the world is full of evil corporations all doing it it don't mean it aint evil

Tis all a conspiracy I tells ya.

Originally Posted by BenMcr

Why? It's not unique to Virgin Media, nor to the communications sector.

Funnily enough there is an article on this subject here

http://www.guardian.co.uk/money/2012...l-rise-quarter

It also mentions the the fact that VM are the only company you can get broadband without a phone line, can't understand why VM don't push that as its a clear differential between them and the competition?

[Sirius]

Originally Posted by qasdfdsaq

Just cause the world is full of evil corporations all doing it it don't mean it aint evil

Tis all a conspiracy I tells ya.

Are you toonlight under another name

[Skie]

It will be interesting when 4g rolls out nationally. Fixed line broadband speeds without the need for line rental. All it will take is one of the operators to come up with a sensibly priced and capped plan and market it as a replacement for your broadband + phone line and you then have a very uncomfortable position for the fixed line telephone providers.

[qasdfdsaq]

I wonder if that's why VM are trying so hard to muscle themselves into the 4G market...

You're right, prices are currently not very competitive, because there's no competition. However unfortunately, one of the only two previous networks that had any sensible level of "Unlimited" plan, i.e. a 3G data plan that could reasonably be used to substitute fixed broadband for light to medium users, has been replaced by this new peanuts brand that's ripping everyone off.

[Skie]

I can see VM going entirely VOIP eventually, either with smartphone apps or a branded wifi phone + hub combo. They can get rid of all their POTS then and save a packet on interconnect fees.

There would still be interconnect fees to the terminating/receiving calls providers, surely?