$ EuNetworks   

Global Voice going places..

 

Hello Hikitty... :)

I am treating this one as a technical beauty of a darling now!... :) 

 

If I consider it to be a potential gradual"cheonger", I would get in and wait. But while waiting, I will not sing praises for the stock if it doesn't move.

No one can time or 'predict' the market.  

 

 Any TA specialist wishes to "predict"  when it will break out. Time frame for a "cheong". It has been submerged (or trapped)in its underwater fibre optice cables for such a long long time. Advice deeply appreciated by everyone vested in GV.

 

They call it "sharks fin" elswhere.. :)

(Sharksfin Note: I am personally alarmed by the schools of poor finless sharks I see struggling at the bottom of the oceon  whenever I eat sharks fin).

 

 

hehe..hi Ipunter..

I honestly think this counter has ALOT of potential..

They keep winning contracts after contracts..and they r quite a brand name in Europe now..

They are even handling the dutch stock exchange servers now..Thats how highly regarded they r..

TA wise I not so good la..but I do agree with u..chart looks beautiful..current time is probably the time the Big Boys accumulate before the mighty push up up and beyond..

 

Novocaine...


Technically speaking (from the charts), it is a highly promising picture... :)

Just that the boys are 'giving a chance' for the frivolous players to dump more of it out of impatience.

Personally, I will bet that this one is a potential gradual "cheonger" especially if it trades higher than  yesterday's high on Friday and then Monday ...

Just a personal opinion... Good luck! :)

 

DEUTSCHE BÖRSE AND GLOBAL VOICE CONCLUDE AGREEMENT ON PROVISION OF
DARK FIBER CONNECTIONS

DEUTSCHE BÖRSE REDUCES LATENCY TIME AND FURTHER INCREASES NETWORK
CAPACITY


Singapore, 30 May 2007 ? Global Voice Group, (SGX: H23.SI), owner and operator of
one of Europe?s highest capacity fiber networks and provider of mission critical
communications infrastructure and services, today announced it concluded an
agreement with Deutsche Börse (Frankfurt Stock Exchange) for the deployment of
private fiber networks in Europe.
Deutsche Börse Systems expands its communications network, which links clients
across the globe to the electronic trading, clearing and settlement systems with a
new connection technology. From the end of May, dark fiber connections will be
used between clients and Deutsche Börse access points. Dark fiber connections are
fiber-optic connections used exclusively and offering virtually unlimited bandwidth
which will be made available to Deutsche Börse Systems at a large number of client
locations in Frankfurt, London, Paris and Amsterdam by provider Global Voice.
The ever-increasing volume of data in electronic stock exchange trading is
prompting higher demands with respect to bandwidth and the minimum possible
latency. Deutsche Börse Systems quadrupled the bandwidth of the Eurex and Xetra
trading systems in December 2006 and introduced the optional 2Mbit/s and 1
Gigabit/s connection types for Xetra in April. Dark fiber will allow such upgrades to
be implemented much faster in future.
?Our cooperation with Global Voice puts us in a position to realize changes
requested by our clients within a very short time span. This represents a further step in
the constant optimization of the latency and efficiency of our infrastructure,? said
Michael Kuhn, CIO of Deutsche Börse.
?We are delighted to have been selected by Deutsche Börse for this exciting project
which will see Deutsche Börse and euNetworks connecting and rolling out services
to numerous financial institutions on dedicated fiber networks. Global Voice, as the
owner and operator of one of Europe?s highest capacity networks, was uniquely
positioned to provide the density of fiber required, enabling the Deutsche Börse and
the financial services sector with the redundancy, security and resilience
demanded?, said Noel Meaney, Chief Executive Officer, Global Voice Group.
About Global Voice Group
Global Voice owns and operates one of Europe?s highest capacity fiber networks
and provides mission critical communication infrastructure and services to large
corporates, carriers, and service providers. Constructed at a cost in excess of ?1.3
billion, Global Voice Group?s all-fiber optic network uniquely combines ?long-haul?
inter-city network linking Europe?s largest economies, with high density ?last-mile?
metropolitan fiber networks in 15 of Europe?s leading cities. Global Voice was
recently awarded the prestigious title of ?Best New Entrant? by leading
telecommunications publication, Capacity Magazine. The award was granted to
Global Voice following their acquisition of a pan European fiber network thus
extending their unique proposition of delivering private fiber networks ? an offering
the judges felt is of immense value to large Corporates and carriers alike. Global
Voice Group, is headquartered in Frankfurt and publicly listed on the Singapore stock
exchange (SGX: H23.SI). For further information please visit www.globalvoice.com.
About Deutsche Börse group
Deutsche Börse Group is a leading service provider to the global securities industry
with products and services for issuers, investors, intermediaries and data vendors. The
Group covers the entire securities process chain from trading over clearing all the
way to settlement and custody. Deutsche Börse Group is also a provider of IT solutions
and an insourcing partner for the global securities industry as well as a leading
provider of market data and analytics.
Deutsche Börse Systems is a subsidiary of Deutsche Börse AG. It maintains the world?s
largest exchange network and builds, maintains and operates all of Deutsche Börse
Group?s trading, clearing and settlement systems including Xetra and Eurex. With its
high performance network, the Group connects some 2,000 market participants
worldwide.

 

GV keep winning contracts after contracts with leading service providers and institutions..but price is still not reflecting the growth potential..

Wonder what their half year results in august will show..cant wait..:)

 

They should break even this year.Management is driving sales forward after they established the company infrastructure and focus. Now everyone is clear what the company is about and what services and assets they provide its easier for management to get new major bigger customers and to push earnings forward. They have done well so far turning around the idea of the stock being a "speculative" stock into more of a potential "growth" stock. Since reverse takeover they have been pushing hard to show they are more bout meat than speculation. And their efforts are beginning to show. What they offer has a potential to grow immensely in years to come with the push towards a "paperless" society now..think hospital medical records itself which is gonna take up lots and tons of virtual space and also bank records and more..and you can see what I am getting at..vested..:)

 

CIMB re-initiating BUY with target price of S$0.28.

==============================================

GLOBAL VOICE, cimb re-initiating BUY with target price $0.28
- The Viatel deal is finally completed, due diligence makes deal more
favourable. The strategically important deal took longer-than-expected
to complete but was finally sealed last week. Our analysis of the revised
terms suggests that Global Voice (GV) has done a good job haggling the
price down and ring-fencing parts of the assets that it does not need.
- Management narrates a clear focus to develop the business from here
onwards. With Viatel in the bag, management is clear that its single
aim from here, is to drive sales. While the combined infrastructure eases
the path for the sales team to penetrate new customers, plans to re-brand the product offering and re-align the sales team lends optimism that sales
momentum will accelerate in early 2007.
- Raise earnings to account for asset sales in Viatel deal, but
adjustments have no impact on DCF valuations. Accounting intricacies necessitate an adjustment of earnings forecasts to take into account the value of the five pair strands of metropolitan fibre given to Viatel in the deal. This however, has no impact on our existing DCF valuations as the exchange is non-cash in nature.
- Maintain DCF-based target price of S$0.28, resume coverage with
Outperform rating. We draw inferences to events in the US and suggest
that the takeover of GV is an eventuality that becomes ever more likely, as the company climbs up the profit ladder. Such an event would crystallise GV's asset based value.

 

Though it should show an uptrend after its rebranding, GV remains a "play" stock at this point of time. It would take some time for it to reach its fair price of 25 cents (according to SIAS research reported in "Today" some time ago)as it would take some time for its acquisitions to reap a profit.  

 

Excerpt from report..

Focusing back on growing business, unlikely to have other deals in the short-term.
Management indicates that they are focusing all their efforts back onto the business,
now that Viatel is in the bag. There is rebranding exercise scheduled for 17th July and
a revamp of the current website in the near future. After the re-launch, GV?s service
offerings will be sold under a new brand name, EU Networks. This rebranding
exercise is necessary because Global Voice was wrongly perceived to be a VOIP
player in the past. Management seeks to re-educate the market and build recognition
of EU networks as an infrastructure provider in the process. We find the recent
operational focus encouraging.

 

Plus Viatel acquisition completed and out of managements mind..they can concentrate on driving sales and revenues now..also potential takeover bid according to CIMB-GK..:)

 

GV seems set for recovery? CIMB recently posted outperform on them. And heavy buying seen recently..